Showing posts with label (Pink Sheets: CJGH). Show all posts
Showing posts with label (Pink Sheets: CJGH). Show all posts

Thursday, February 14, 2008

(Pink Sheets: CJGH), (Pink Sheets: MVIV), (OTCBB: PTPE), (OTCBB: AWYI).

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China Jiangsu Golden Horse Steel Ball, Inc. (Pink Sheets: CJGH) (Frankfurt:4J3.F) (February 12th, 2008) ("Golden Horse" or "the Company"), a leading Chinese manufacturer and supplier of ball bearings, announced Tuesday a capital restructure of its common stock. As of 11 February 2008, twenty (20) million common shares have been retired to treasury, leaving the total shares outstanding at 27,510,217.

Golden Horse, along with its affiliates and controlled entities, is one of the top five manufacturers of steel ball bearings in China. The Company produces over three billion ball bearings annually of various specifications along with its development of over 15 new products, such as stainless steel balls, aluminum balls, and ceramics balls. In addition, the Company continues to export its products to over twenty countries worldwide including the USA, Japan, Brazil, India, and Germany.

For more info: http://mviv.realpennies.com

Mvive, Inc. (Pink Sheets: MVIV) (February 13th, 2008) Mvive, Inc. is pleased to announce that it has successfully delivered thousands of mobile coupons (Moupons(TM)) for over 800 retailers with in excess of 1,000 locations during their beta test phase of implementation. Thousands of Moupons were downloaded onto cell phones for presentation to retailers with a 100% efficiency and success rate making this the largest successful delivery of mobile coupons by a single company, in North America.

A Moupon(TM) is a retail discount mobile coupon that can be downloaded from the internet onto a cell phone, Blackberry, etc. which can then be presented to the retailer on the customer's cell phone to obtain the advertised discount and completely eliminating the traditional paper flow and distribution of regular coupons. To achieve a broad base test and market exposure, the retailer group included everything from restaurants, clothing outlets and jewelry stores to book stores and fitness clubs.

"We were delighted with the resounding operational success of this live, real world technology test phase and even more ecstatic about the response we received from many of the retailers who could not say enough about the ease and efficiency with which the service worked," stated Mr. Roy Choi, President of Mvive. "As more and more content and content delivery is being sought out by companies such as Google and Research in Motion, etc., we at Mvive feel that our Moupon(TM) and the Moupon(TM) delivery system as well as future Mvive products and services, will be in great demand. We anticipate the Mvive registration process to commence in March, 2008."

For more info: http://ptpe.realpennies.com

Pantera Petroleum, Inc. (OTCBB: PTPE) (February 14th, 2008) is pleased to announce that it has entered into an equity financing agreement with FTS Financial Investments Ltd. based in Zurich, Switzerland, whereby FTS Financial Investments Ltd. ("FTS") will invest up to $10 million into Pantera Petroleum.

Pursuant to the agreement, FTS is purchasing private placement units at $1.00 per unit. Each unit consists of one common share and one warrant. Each warrant will permit the purchase of one common share at a price of $1.50 if exercised within one year of issuance, $2.00 if exercised within the second year of issuance, and $2.50 if exercised within the third year of issuance. All shares issued to FTS will be restricted securities without registration rights.

Returning from his most recent inspection of Pantera's concessions in Paraguay, Chris Metcalf, President and CEO of Pantera, states, "With this equity financing in place, Pantera Petroleum will continue to expand its exploration activities within the Chaco Basin. We are very excited to have the institutional backing and trust of FTS on our side."

For more info: http://awyi.realpennies.com

Ariel Way, Inc. (OTCBB: AWYI) (February 14th, 2008) announced Thursday that the Company on February 13, 2008 has completed and signed the definitive Agreement and Plan of Merger to acquire Syrei Holding UK, Ltd, a UK and Sweden based telecom-consulting firm comprised of senior specialists and experts in the evolving global telecommunications market (http://www.syrei.com). The transaction has a two-step closing process with a first expected closing within a few days, on or around February 19, 2008.

Arne Dunhem, Ariel Way president and CEO, said, ''Many have been awaiting the news on the Syrei transaction. For various reasons, our signing of the agreement got delayed. We are truly excited with Syrei becoming part of Ariel Way. Syrei president Thomas Strangert's team of technical experts have over ten years successfully been providing and will continue to provide services worldwide to major corporations and telecom operators. They will also add global expertise to our strategy of building a state-of-the-art highly secure Digital Signage Network and will have primary focus on markets in Europe and Asia. We expect this acquisition to be immediately accretive to Ariel Way's earnings.''

Thomas Strangert, CEO of Syrei, said, ''This transaction is a fascinating step for Syrei and we believe we can add a new strategic dimension to Ariel Way. We are excited about actively supporting the Digital Signage activities in Europe and Asia in addition to continue to expand our current customer base on a worldwide basis.''

Syrei, founded in 1997, is a telecom-consulting firm operating out of the UK and Sweden comprised of senior specialists and experts in the evolving global telecommunications market. Syrei's management and technical experts have successfully delivered professional services to value added service providers, telecom equipment manufactures and operators in more than 40 countries around the world. Syrei is a complete solution provider and a system integrator that is able to accept the total responsibility of large and complex projects. Syrei's consultants have been brought in to advise and aid major corporations and telecom operators like Ericsson, Nokia, 3GIS, ABB, Orange, SonyEricsson, Swedbank, Tele2, TeliaSonera, TIM etc.

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Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on RealPennies. For more movers: http://www.realpennies.com/wrapup.html

Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice.
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Wednesday, February 13, 2008

(Pink Sheets: CJGH), (OTCBB: FKWL), (OTCBB: RNCH), (OTCBB: PWDR).

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China Jiangsu Golden Horse Steel Ball, Inc. (Pink Sheets: CJGH ) (Frankfurt:4J3.F) (February 11th, 2008), a leading Chinese manufacturer and supplier of ball bearings, announced on Monday a capital restructure of its common stock. As of 11 February 2008, twenty (20) million common shares have been retired to treasury, leaving the total shares outstanding at 27,510,217.

Golden Horse, along with its affiliates and controlled entities, is one of the top five manufacturers of steel ball bearings in China. The Company produces over three billion ball bearings annually of various specifications along with its development of over 15 new products, such as stainless steel balls, aluminum balls, and ceramics balls. In addition, the Company continues to export its products to over twenty countries worldwide including the USA, Japan, Brazil, India, and Germany.

Franklin Wireless Corp. (OTCBB: FKWL - http://finance.yahoo.com/q?s=FKWL.OB ) (Tue, February 12th, 2008, 9:00am ET) Franklin Wireless Corp., a developer and marketer of wireless broadband communications devices and applications, announced strong results for the second fiscal quarter of 2008, driven by brisk sales of mobile broadband USB modem products in the U.S., Caribbean and South America.

The company reported sales increased 336.4 percent to $7.8 million for the quarter ended Dec. 31, 2007, compared with $1.8 million in sales during the corresponding period of 2006. Net income also rose in the quarter to $1.07 million from $213,659 in the second fiscal quarter 2006.

Sales during the quarter were driven by strong demand for CDMA USB products -- namely the CDU-680, CDU-650 and CDX-650 USB modem products that were introduced during the middle of 2007. The overall sales increase was also due to the surge in sales volume in the United States as well as in the Caribbean and South American countries, in the amount of $1.2 million and $6.7 million respectively, for the three months ended Dec. 31, 2007, compared with $56,798 and $1.7 million for the corresponding period of 2006, an increase of 1,942 percent and 283 percent.

"Our strong position in the CDMA market fueled our tremendous growth in the second quarter," said Franklin Wireless President O.C. Kim. "Going forward, look for the company to make significant inroads into the WCDMA market with high-end solutions that include HSDPA/HSUPA technology targeted at broadband carriers."

Franklin Wireless products are marketed through distributors, as well as directly to operators and end users. The company offers a full range of mobile broadband solutions for CDMA 1xEV-DO Rev.0 and Rev. A operators as well as WCDMA solutions that include HSDPA/HSUPA for worldwide broadband carriers.

For more info: http://rnch.realpennies.com

Rancher Energy Corp. (OTCBB: RNCH) (February 11th, 2008) announced financial results for its third quarter and nine-month period ended December 31, 2007.

Third Quarter Summary

The Company reported revenue of $1.7 million in the third quarter, up from $105,400 in the same quarter last year. Rancher Energy sold 22,020 barrels of oil -- its net interest -- at an average price of $77.40 per barrel in the third quarter.

Total operating expenses in the third quarter increased to $3.1 million from $1.5 million in the same quarter last year when operating expenses were relatively modest due to the late December 2006 and January 2007 acquisition of the Company's producing properties in the Powder River Basin. The year-over-year increase in total operating expenses was primarily attributable to a $734,400 increase in lease operating expenses and a $535,100 increase in general and administrative expense, which rose to $1.7 million, including $394,200 in non-cash stock-based and restricted stock compensation expense. Also contributing to higher G&A expense was increased personnel costs, Sarbanes-Oxley compliance, and audit, legal and reservoir engineering fees. Non-cash depreciation, depletion, amortization and accretion expense increased to $319,400 from $37,200.

Production taxes increased to $207,600 from $11,200. The Company incurred $1.3 million in interest expense and financing costs during the third quarter versus no such expense in the same quarter last year. This expense was primarily related to the GasRock note payable that was originated in October 2007. Net loss for the third quarter was $3.3 million, or $0.03 per basic and diluted share, versus a net loss of $1.4 million, or $0.03 per basic and diluted share, in the same quarter last year.

Rancher Energy closed the third quarter with cash and cash equivalents of $10.3 million, up from $5.1 million at 2007 fiscal year end. The Company recently signed a letter of intent with an experienced industry operator under which up to $83.5 million in financing is expected to be provided to drive Rancher Energy's CO2 recovery program in Wyoming's Powder River Basin. Closing of the transaction, which is subject to regular corporate approvals, completion of due diligence and certain conditions, is scheduled to occur on or before April 30, 2008.

"We are excited about the proposed financing, which will allow us to move directly to the CO2 recovery phase of our enhanced oil recovery (EOR) program," said John Works, President & CEO of Rancher Energy. "Our prospective partner has an excellent operating track record and strong financial backing. This, combined with less than ideal conditions in the debt market and a relatively aggressive funding schedule, made this option an attractive alternative to our previous plans for debt financing. We look forward to moving ahead with the due diligence process and completing the funding on or before the April 30 target date."

Nine-Month Summary

Revenue through nine months increased to nearly $4.7 million from $105,400 in the same period last year. For the year-to-date period the Company has sold 68,076 barrels of oil at an average price of $68.83.

Total operating expenses in the nine-month period were $9.7 million versus $2.9 million in the same period last year when the Company had limited oil & gas operations. General and administrative expense increased to $5.8 million from $2.2 million in the same period last year. This increase is comprised primarily of costs associated with building the Company's oil & gas infrastructure, including higher personnel costs, professional fees and reservoir engineering. Nearly $1.4 million of the $5.8 million in general and administrative expense was non-cash expense related to stock-based and restricted stock compensation. Lease operating expenses, production taxes and depreciation, depletion, amortization and accretion all increased significantly as the Company had a full nine months of operating its producing properties versus less than one full month of operations in the prior year period.

Total other expense in the nine-month period was $4.0 million as compared with $61,700 in other income in the same period last year. The increase was attributable to $2.6 million in non-cash liquidated damages associated with a registration rights agreement and $1.6 million in interest expense and financing costs primarily related to the GasRock note payable. Net loss for the nine-month period was $9.7 million, or $0.09 per basic and diluted share, as compared with $2.7 million, or $0.07 per basic and diluted share, in the same period last year.

For more info: http://pwdr.realpennies.com

Powder River Petroleum International Inc. (OTCBB: PWDR) (February 12th, 2008), a revenue generating producer, acquirer and marketer of crude oil and natural gas properties, announced it has entered into an agreement to complete the purchase of the balance of Texoma Drilling Corporation. Powder River had previously purchased a 50% interest in Texoma, as announced in the press release of November 13, 2007.

This gives Powder River 100% control of a full well service and drilling company. This purchase was completed in order to allow Powder River Petroleum to have full control over the drilling and rework schedules of their properties. Equipment includes three drilling rigs and three pulling units (service rigs) as well as six full time service crews. It also includes dozers, backhoes, trenchers, rock saws, winch trucks, transport trucks, welders, and several service trucks as well as several acres of oilfield supplies.

Currently, the first rig is on the Brookeshire project. The Company is also preparing a rework schedule for the Weesatche and Biamante projects to be completed in conjunction with the Brookeshire project. Powder River also plans to complete an upgrade of all existing properties which are currently in production.

"This is an exciting step for Powder River Petroleum International Inc., as it puts us in a position where we have control over the rework and drilling schedules for all our projects. This will serve to protect the interests of our working interest owners, shareholders, and investors," stated Powder River Petroleum International Inc. CEO Brian Fox.

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Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on RealPennies. For more movers: http://www.realpennies.com/wrapup.html

Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice.
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Monday, February 4, 2008

(Pink Sheets: CJGH), (NASDAQ: ACTU), (Pink Sheets: WNBD), (OTCBB: DNAG).

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China Jiangsu Golden Horse Steel Ball, Inc. (Pink Sheets: CJGH ) (February 4, 2008) a leading Chinese manufacturer and supplier of ball bearings has announced unaudited operating results for the year ended December 31, 2007 ("FY2007").

"We had a very solid year, and we were happy to see the continued growth in our business," commented Mr. Qiang Ma, President of China Jiangsu Golden Horse Steel Ball, Inc. "We expect to continue the year-on-year net revenue growth at a rate of approximately 20% for 2008."

For the year ended December 31, 2007, the Company recorded revenue of $12.9 million, an increase of $1.4 million or 12.0% from the $11.5 million recorded in fiscal 2006 ("FY2006"). The increase in revenue is attributable to growing global demand for steel bearings as the Company had positive growth in sales from its existing customer base and was able to obtain new contracts.

The cost of production materials, labor and other indirect manufacturing costs increased by $1.6 million or 16.3% to $11.2 million for FY2007 when compared to last year. The increase is mainly due to higher direct material costs as the price for raw material steel products continue to increase as a result of higher global demand. In addition, the Company has made capital investments to improve its offering of bearing products and modernization of equipment and machinery, including the opening on the new plant in Xuyi, which will result in efficient production processes.

Gross margin for the year was $1.7 million, a decrease of 10.3% from the $1.9 million recorded in 2006. The decrease in gross margin was a result of the aforementioned higher raw materials and the costs associated with upgrading manufacturing equipment and machinery.

Selling expenses were $84,000, a decrease of $58,000 or 41.0%, general and administrative expenses were $537,000, an increase of 64.2% from $327,000, and interest expense were $236,000, higher by $74,000 or 45.6%. The increase in general and administrative -- and financial -- expenses is primarily a result of the increased business activity and the opening of the new plant during the course of the year.

FY2007, the Company recorded net income of $1.1 million, an increase of $0.3 million or 36.5% from the $0.80 million recorded in FY2006.

Golden Horse along with its affiliates and controlled entities is one of the top five manufacturers of steel ball bearings in China. The Company produces over three billion ball bearings annually of various specifications along with its development of over 15 new products, such as stainless steel balls, aluminum balls, and ceramics balls. In addition, the Company continues to export its products to over twenty countries worldwide including the USA, Japan, Brazil, India, and Germany.

For more info: http://actu.realpennies.com

Actuate Corporation (NASDAQ: ACTU) (February 1, 2008), the leader in delivering Rich Internet Applications Without Limits, today announced its financial results for the quarter and year ended December 31, 2007.

Revenues for the fourth quarter of 2007 were a record $39.2 million, a 12% increase from the fourth quarter of 2006 and a sequential increase of 13% compared with the third quarter of 2007. License revenues for the fourth quarter of 2007 were $13.7 million, a decrease of 3% from the year-ago quarter. Services revenues for the fourth quarter of 2007 totaled a record $25.5 million, an increase of 22% compared with the fourth quarter of 2006. Total revenues for the fiscal year of 2007 were a record $140.6 million, a 9% increase over total revenues in fiscal year 2006. 2007 annual license revenues were $53.2 million, a 13% increase from 2006 license revenues of $46.9 million.

Net income for the fourth quarter of 2007, as reported in accordance with U.S. generally accepted accounting principles (GAAP), was a record $10.8 million, or $0.16 per diluted share, compared with net income of $10.2 million or $0.15 per diluted share in the fourth quarter of 2006. GAAP net income for the fiscal year 2007 was a record $20.2 million, or $0.29 per diluted share, compared with GAAP net income of $13.8 million, or $0.21 per diluted share for fiscal year of 2006. Because of our solid operating performance over the past several years and expectations for generating future taxable income, we recorded a non-cash benefit in the provision for income taxes of approximately $6.8 million in the fourth quarter of 2007 associated with the partial reversal of our valuation allowance against deferred tax assets.

Cash flow from operations was $5.0 million for the fourth quarter of 2007 and a record $22.9 million for fiscal year 2007. Cash, cash equivalents and short-term investments was $68.4 million at December 31, 2007 compared with $60.1 million on December 31, 2006.

Non-GAAP net income for the fourth quarter of 2007 was a record $7.7 million, or $0.11 per diluted share, an increase of 38% compared with non-GAAP net income of $5.6 million, or $0.08 per diluted share in the fourth quarter of 2006. Non-GAAP net income for fiscal 2007 was a record $22.5 million, an increase of 47% compared with non-GAAP net income of $15.3 million for fiscal 2006. Non-GAAP diluted earnings per share aggregated $0.33 for fiscal 2007, an increase of 43% compared with non-GAAP diluted earnings per share for fiscal 2006. Non-GAAP operating margin for the fourth quarter of 2007 was a record 26%, a 600 basis point increase compared with non-GAAP operating margin of 20% in the fourth quarter of 2006. Non-GAAP operating margin for fiscal year 2007 was a record 21% compared with non-GAAP operating margin of 15% in fiscal 2006.

Non-GAAP financial measures discussed in this release exclude the following items: a) amortization charges for purchased technology and other intangible assets resulting from the company's acquisition transactions; b) stock-based compensation expense; c) restructuring charges; d) in-process R&D charges resulting from the company's acquisition charges; e) duplicate rent expense related to the move of our headquarters from South San Francisco to San Mateo and f) an adjustment to the income tax provision. All of these expenses are included in Actuate's GAAP results. The income tax rate used to compute non-GAAP net income was 30%.

For more info: http://wnbd.realpennies.com

Winning Brands Corporation (Pink Sheets: WNBD) (February 1, 2008) reports that all 3 of its leading eco-oriented product groups will be distributed to the marine sector in Canada by Hutchings Marine Products Ltd.. Hutchings Marine is one of the best known distributors to this sector in the country and will add their industry experience for the 2008 roll-out of the Winning Brands products to marinas in 2008. Hutchings Marine will feature the Winning Brands products at their March 2008 annual industry show and will add the products to their 2008 catalogue. The development is significant for Winning Brands because boaters, cottagers, campers and other outdoor enthusiasts will gain access to all three products closer to where the outdoor activities take place, not only in city stores prior to departure. Production of the Winning Brands products will take place at the Grand Rapids, Michigan facilities of Surefil, LLC.

Tracy Mulhall, Account Manager with Winning Brands Corporation, points out that this market sector is important for several reasons. "Most cottagers and boaters today aware of the environmental impact of their choices. We have the opportunity to become the first choice in cleaning by a new generation of recreational lifestyle consumers. If we're trusted for use in the outdoors where people are in touch with nature, then this trust will return back home into the cities too," says Mulhall. "It also goes to show that even one of the oldest distributors in this sector can have the newest ideas!" she concludes.

CLEAN1(TM) is targeted to become the 1st choice in outdoor cleaning, Winning Colours to become North America's favourite stain removing product and KIND(TM) Laundry Products to become a special new friend for laundry tasks everywhere. Winning Brands' mission is to replace hazardous chemicals in widespread use with safer alternatives.

For more info: http://dnag.realpennies.com

DNAPrint Genomics, Inc. (OTCBB: DNAG) (February 1, 2008) is pleased to announce a jointly signed letter of intent for the acquisition of DNAPrint Genomics, Inc. ("DNAPrint" or DNAP). With the acquisition, which is subject to DNAPrint Genomics shareholder approval, Nanobac becomes one of a select group of next-generation drug and diagnostics developers, applying advanced computational methods and systematic genome-based approaches to streamline clinical product development. Nanobac adds advanced drug and diagnostics development programs, key patents and patent applications, and a proprietary product modeling platform to its existing initiatives, and expands its focus into multiple disease sites for both Diagnostics and Therapeutics.

The combined company would have annualized revenue of approximately $5,000,000, developing drug pipeline and product development collaborations with Harvard/Beth Israel Deaconess Medical Center, Mayo Clinic, Cleveland Clinic and Emory University.


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Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on RealPennies. For more movers: http://www.realpennies.com/wrapup.html

Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice.
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Wednesday, January 30, 2008

(Pink Sheets: CJGH), (OTCBB: FXPE), (OTCBB: COPI), (OTCBB: CGLD).

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For more info: http://cjgh.realpennies.com

China Jiangsu Golden Horse Steel Ball, Inc. (Pink Sheets: CJGH ) (Frankfurt:4J3.F) (January 30, 2008), a leading Chinese manufacturer and supplier of ball bearings, wishes to announce that it has received its European listing on the Frankfurt Stock Exchange with the ticket symbol of "4J3." The approval of the European listing on the Frankfurt Stock Exchange is an important move in order to broaden the Company's shareholder base and increase exposure to worldwide capital markets, and it is part of Golden Horse's international strategy.

The Frankfurt Stock Exchange is the world's third largest organized Exchange-trading market in terms of turnover and dealings in securities. It ranks third in the world behind NYSE and NASDAQ. It is owned and operated by Deutsche Borse, which also owns the European futures exchange Eurex and clearing company Clearstream.

Golden Horse along with its affiliates and controlled entities is one of the top five manufacturers of steel ball bearings in China. The Company produces over three billion ball bearings annually of various specifications along with its development of over 15 new products, such as stainless steel balls, aluminum balls, and ceramics balls. In addition, the Company continues to export its products to over twenty countries worldwide including the USA, Japan, Brazil, India, and Germany.

http://fxpe.realpennies.com

Fox Petroleum Inc (OTCBB: FXPE) (January 30, 2008) is pleased to provide evaluation results for the Bourbon prospect located in the central North Sea. Analysis of the report shows that Fox's 46% stake in the Bourbon prospect could amount to a high estimate of almost 54 Million Stock Tank Barrels of Oil Initially in Place.

As part of the farm-in agreement, Fox will be working with its joint-venture partners Valiant Petroleum Limited and Petrofac Energy Developments Limited to develop the project during 2008. Pursuant to the agreement, Fox agreed to obtain a 46% working interest in the project and as a part of the consideration for the interest, Fox agreed to pay for 89% of an exploration well which is planned to be drilled in 2008.

Valiant Petroleum has contracted the oil services company RPS Energy to do a full analysis of the hydrocarbon bearing and economic potential of the Bourbon prospect as part of a Competent Persons Report on Valiant's entire portfolio. RPS Energy provides technical and operational advice and input on commercial energy projects located around the world, from the start of a project right through the life cycle to completion.

Two major production facilities exist in adjacent blocks, including; Eider to the west and Magnus to the North. The existing pipeline and production infrastructure links could be utilized by Fox in the event of a discovery. The Eider field has a very similar geological structure as the Bourbon prospect, and is currently producing 1900 barrels of oil per day. The existing pipeline has a total capacity of 50,000 barrels of oil per day representing a vast excess in capacity for production.

http://copi.realpennies.com

Compliance Systems Corporation (OTCBB: COPI) (January 30, 2008), a telecom service company focused on providing compliance technologies and methodologies to the teleservices industry, has announced an agreement with NobelBiz Corporation, a leading supplier of telecommunication services and a VoIP provider. NobelBiz will utilize the TeleBlock Do-Not-Call features for application within its worldwide business network.

The TeleBlock features ensure compliance with the various Federal and State Do-Not-Call regulations for NobelBiz's Contact Center clients. The TeleBlock service will enhance the existing NobelBiz voice network.

Dean Garfinkel, Chairman and CEO of Call Compliance stated, "The diversified solutions that TeleBlock offers in combination with NobelBiz, a leading Contact Center VoIP provider, creates a great platform to reach world-wide markets in places such as India, Philippines, and Australia. We are pleased to be able to partner our technologies worldwide, and look forward to our growth together."

Richard Mahfouz, CEO of NobelBiz Corporation further explained, "The TeleBlock technology provides an effortless and convenient way to enhance our business strategy. It's a simple fit to avoid unnecessary mistakes for users, and we are excited to add the TeleBlock feature to further enhance the personalized services we provide to the Contact Center community."

http://cgld.realpennies.com

Capital Gold (OTCBB: CGLD) (January 30, 2008) has notified AngloGold Ashanti North America (AngloGold) that pursuant to the terms of the Stock Purchase Option Agreement dated effective December 15, 2000, between AngloGold and Capital Gold Corporation, Capital Gold has made a good faith determination that the drill indicated resources at the El Chanate gold mine now exceed two million ounces of contained gold. The term "drill indicated resources" is defined in the agreement. A drill indicated resources number does not rise to the level of, and should not be considered proven and probable reserves as those terms are defined under SEC guidelines.

AngloGold now has 180 days to determine whether or not it will choose to exercise its one time back-in right to acquire a 51% interest in the El Chanate project, for a purchase price equal to two times the total project costs, as defined in the agreement, since 2001.

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Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on RealPennies. For more movers: http://www.realpennies.com/wrapup.html

Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice.
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Matt /at/ realpennies.com

Tuesday, January 29, 2008

(Pink Sheets: CJGH), (OTCBB: CALVF), (OTCBB: SCEY), (OTCBB: CNEH).

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China Jiangsu Golden Horse Steel Ball, Inc. (Pink Sheets: CJGH) (January 29, 2008), a leading Chinese manufacturer and supplier of ball bearings, wishes to announce that it has received its European listing on the Frankfurt Stock Exchange with the ticket symbol of "4J3." The approval of the European listing on the Frankfurt Stock Exchange is an important move in order to broaden the Company's shareholder base and increase exposure to worldwide capital markets, and it is part of Golden Horse's international strategy.

The Frankfurt Stock Exchange is the world's third largest organized Exchange-trading market in terms of turnover and dealings in securities. It ranks third in the world behind NYSE and NASDAQ. It is owned and operated by Deutsche Borse, which also owns the European futures exchange Eurex and clearing company Clearstream. For more information on Frankfurt Stock Exchange please visit www.exchange.de.

Golden Horse along with its affiliates and controlled entities is one of the top five manufacturers of steel ball bearings in China. The Company produces over three billion ball bearings annually of various specifications along with its development of over 15 new products, such as stainless steel balls, aluminum balls, and ceramics balls. In addition, the Company continues to export its products to over twenty countries worldwide including the USA, Japan, Brazil, India, and Germany.

For more info: http://calvf.realpennies.com

Caledonia Mining Corporation (OTCBB: CALVF) ( January 29, 2008) is pleased to announce the signing of a cobalt off-take agreement with a large Chinese refiner. Under the terms of the agreement, Caledonia will supply a minimum of 21,000 tonnes of cobalt metal equivalent in the form of cobalt hydroxide from its Nama Cobalt Project over the next six years. The agreement specifies that the price shall be based on the published monthly average for 99.3% cobalt from the London Metal Exchange, and contains a guaranteed "Take or Pay" minimum cobalt price of US$12/lb of cobalt metal. The agreement is renewable.

Caledonia's 100% owned Nama Project is located in Northern Zambia. Caledonia plans to commence mining Anomalies "A" and "C" using open pit mining methods, pre-concentration and conventional cobalt extractive technology.

Caledonia is proceeding with detailed mine planning and is targeting commencement of production by early 2009 at an expected annual production level of 10,000 tonnes of cobalt metal. An internal feasibility study has estimated capital expenditure at US$125 million and production costs below US$10/lb. The cobalt project will become the main strategic focus for Caledonia going forward.

Commenting on the announcement, Stefan Hayden, President and CEO of Caledonia Mining said "The signing of this cobalt off-take agreement marks an important milestone for Caledonia as we commence with the development of Nama, which I expect will prove to be one of the world's largest primary cobalt deposits. In the context of current spot prices for cobalt of US$44/lb and the floor price of US$12/lb, this contract represents substantial value and confirms Caledonia's potential to become one of the key primary players in the cobalt market. Negotiations on further agreements with refiners continue. With rising demand from China, India and America, we believe the fundamentals for cobalt remain robust in the near-term."

For more info: http://scey.realpennies.com

Sun Cal Energy Inc. (OTCBB: SCEY) (January 29, 2008), an energy exploration company focused in the Southern San Joaquin Valley of California, the Anadarko Basin of Oklahoma, the Breton Sound of Louisiana and the Green River Basin of Wyoming is pleased to announce that it has been advised by the operator of the Cunningham 1-02 well on the Hobart Prospect in Washita County, Oklahoma that the daily gas flow rates from the Cunningham 1-02 well are in excess of 12 million cubic feet a day.

These results build on the successful drilling and commercial results of the first deep development well, Sturgeon 1-11, also drilled by the same operator and located within the Hobart Prospect. Together, these two wells represent the commercial success of the Hobart Prospect.

Commenting on these developments, Lewis Dillman, President and Chief Executive Officer of Sun Cal Energy Inc. stated: "We are excited that a second deep development well has reached production and commercial validation. The successful drilling and production of these wells suggest that the prospect could attract additional interest and thus drilling activity by major operators. This in turn could provide greater cash flows and upside potential to our shareholders."

Sun Cal Energy Inc. owns a 1.5% gross overriding royalty interest in the 1211 acre Hobart prospect strategically located in the Anadarko Basin and part of the Springer Morrow play - the largest such play in the State and Mid-Continent. Key players running rigs in the immediate area include Marathon Oil, Chesapeake Energy, and Range Resources.

"The successful drilling and production of a second deep development well represents another key milestone as we continue to seek cash flow and production," stated Lewis Dillman. "Sun Cal will continue to focus on developing its assets, and seeking opportunities to partner with major industry leaders to maximize value to our shareholders."

For more info: http://cneh.realpennies.com

China North East Petroleum Holdings, Limited (OTCBB: CNEH) (January 29, 2008), a leading oil producing company in Northern China, today announced preliminary results for its fourth quarter oil production.

Driven by increased capacity from new wells and the successful implementation of water injection technologies, crude oil production for the quarter ended December 31, 2007 increased 8,094 tons (59,734 barrels) to 12,634 tons (93,239 barrels) from 4,540 tons (33,505 barrels) for the quarter ended December 31, 2006.

On a sequential basis, crude oil production increased 1,750 tons (12,915 barrels), or 16%, compared to the quarter ended September 30, 2007.

Mr. Hongjun Wang, President of China North East Petroleum commented, ''We are extremely pleased to report another quarter of double-digit production increases. Our new wells are producing extremely well. Additionally, we have achieved a critical mass of wells to properly implement water injection technology to some existing wells. Going forward, we will further implement this mature technology to further increase production, which we believe, coupled with new wells, will greatly improve our earnings ability.''

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Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on RealPennies. For more movers: http://www.realpennies.com/wrapup.html

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Monday, January 28, 2008

(Pink Sheets: CJGH), (OTCBB: GSPG), (Pink Sheets: TCLT), (Pink Sheets: GSML).

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China Jiangsu Golden Horse Steel Ball, Inc. (Pink Sheets: CJGH) (January 28, 2008) ("Golden Horse" or "the Company"), a leading Chinese manufacturer and supplier of ball bearings, wishes to announce that it has received its European listing on the Frankfurt Stock Exchange with the ticket symbol of "4J3." The approval of the European listing on the Frankfurt Stock Exchange is an important move in order to broaden the Company's shareholder base and increase exposure to worldwide capital markets, and it is part of Golden Horse's international strategy.

The Frankfurt Stock Exchange is the world's third largest organized Exchange-trading market in terms of turnover and dealings in securities. It ranks third in the world behind NYSE and NASDAQ. It is owned and operated by Deutsche Borse, which also owns the European futures exchange Eurex and clearing company Clearstream. For more information on Frankfurt Stock Exchange please visit www.exchange.de.

Golden Horse along with its affiliates and controlled entities is one of the top five manufacturers of steel ball bearings in China. The Company produces over three billion ball bearings annually of various specifications along with its development of over 15 new products, such as stainless steel balls, aluminum balls, and ceramics balls. In addition, the Company continues to export its products to over twenty countries worldwide including the USA, Japan, Brazil, India, and Germany.

For more info: http://gspg.realpennies.com

GoldSpring, Inc. (OTCBB: GSPG) (January 28, 2008) announced recently that early assay results from Stage One drilling at the Company's Comstock Lode Project are encouraging. The assays are being conducted by American Labs, an independent testing firm. The Company expects to receive a complete report from the lab within the next four business days. GoldSpring intends to release the results of the assays after the completed report had been received and reviewed.

For more info: http://tclt.realpennies.com

Techalt, Inc. (Pink Sheets: TCLT) (January 28, 2008) announced recently that its merger partner, EV Parts, Inc. ("EV Parts"), a leading online supplier of electric vehicle parts and components, has highlighted its global expansion and new product rollout plans.

EV Parts' President, Roderick Wilde, stated, "We have been working on many deals for new products and have some inventions that we plan to roll out. We will also be designing a new line of signature products for on road electric vehicles, electric scooters and electric assist bicycles. Future plans include electric conversion kits for British Land Rovers for Safari adventures in Africa as well as a new AC drive conversion kit to turn a Golf TDI into a Plug-In Biofuel Electric Hybrid."

EV Parts will soon be featured on the new Discovery Channel "Mean Green Machines". The broadcasting schedule will be announced shortly.

For more info: http://gsml.realpennies.com

G & S Minerals, Inc. (Pink Sheets: GSML) (January 28, 2008) and Mayan Gold, Inc. ("Mayan") announced that they had reached an agreement in principle among G & S Minerals, Mayan and Mayan's Honduran subsidiary Compania Minera Cerros del Sur, S.A. ("Minera") providing for the exchange of G & S Minerals common stock and warrants for Minera's El Transito mining concession, consisting of approximately 423 hectares located in Honduras near Minera's existing producing gold fields. Under the agreement, G & S Minerals would initially issue Minera an approximate 30% stake in G & S Minerals for a 100% interest in the El Transito concession. Initial studies indicate a minimum of 100,000 ounces of proven gold reserves at the El Transito property.

Under the agreement in principle the parties will promptly commission a mineral resource evaluation, commonly known as a National Instrument 43-101 study, and a feasibility study for the exploitation of the El Transito property. The agreement also contemplates further cross-investment by G & S Minerals of up to 19% in Mayan from the proceeds of the warrants to be issued to Minera in the transaction and Mayan also would grant to G & S Minerals the right to acquire up to 51% of Minera. Concurrently with and dependent upon the parties' cross investment, G & S Minerals would dividend or distribute to its existing shareholders warrants or rights to acquire a like number of shares G & S Minerals common stock as the warrants to be issued in the transaction to Minera. The exact share and warrant numbers and exercise prices of the warrants are subject to further agreement among the parties during an agreed 30-day due diligence period. As such, the parties cannot presently calculate the actual number of shares of common stock or warrants that may be issued under the agreement.

Consummation of the transaction is subject to a number of conditions, including the satisfactory completion of each parties' due diligence investigation over an agreed 30-day period and the respective parties' requisite board and shareholder approvals. The parties anticipate entering into a definitive agreement by the end of February 2008, with a closing to occur as promptly thereafter as practicable. Though the parties have agreed to negotiate in good faith to the definitive agreement and conclude the transaction consistent with the agreement in principle, because the transaction remains subject to a number of conditions and the negotiation of final necessary terms, there can be no assurance of exactly when or whether the transaction will close.

Mayan Gold CEO Mark Zobrist commented, "We're pleased to be working with G & S Minerals as part of their aggressive international acquisition strategy. As a production-level gold company with an audited financial history and on-site geological lab, we believe we offer G & S significant capabilities to reduce their production costs for their existing projects as well as the pending acquisition of our El Transito concession. Mayan Gold is committed to forging strong alliances with the intention of creating world-class mining operations to better serve the interests of our shareholders and partners, and we look forward to working closely with G & S in Honduras and throughout the world."

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Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on RealPennies. For more movers: http://www.realpennies.com/wrapup.html

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Wednesday, January 23, 2008

(Pink Sheets: CJGH), (Pink Sheets: RLTR), (Pink Sheets: ONMC), (OTCBB: PMED).

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China Jiangsu Golden Horse Steel Ball, Inc. (Pink Sheets: CJGH ) (January 22, 2008,) a leading Chinese manufacturer and supplier of ball bearings, wishes to announce that its controlled affiliate, Jiangsu Golden Horse Steel Ball Co., Ltd. ("Jiangsu Golden Horse") will take an active role in the Chinese Government's 11th five-year technology development plan of the steel ball industry, which is formulated based on the requirements of China's Bearing Industry 11th five-year development program, has been approved by China Bearing Industry Association Technology Committee.

Jiangsu Golden Horse, a domestic People's Republic of China company, will undertake several new technology developments in the steel ball industry for 2008 and 2009. Three programs are slated for 2008 and will include the research of G3 grade high-precision steel balls, the research of new resin grinding wheel milling techniques, and the development of automotive bearing steel wire. In 2009, three programs will research the life span test machine of steel balls, development of steel ball line processing technology, and the development of cold heading active control technology of steel balls.

The Company along with its affiliates and controlled entities is one of the top five manufacturers of steel ball bearings in China. The Company produces over three billion ball bearings annually of various specifications along with its development of over 15 new products, such as stainless steel balls, aluminium balls, and ceramics balls. In addition, the Company continues to export its products to over twenty countries worldwide including the USA, Japan, Brazil, India, and Germany.

For more info: http://rltr.realpennies.com

ReelTime Rentals, Inc. (Pink Sheets: RLTR) (January 23, 2008) announces that Sony Pictures Television, a subsidiary of Sony Pictures Entertainment, will utilize the Intelligent Rapid Delivery System (IRDS) technology originally created by Innovative Communications Technologies, Inc. (ICT) through ReelTime Rentals, Inc. The ICT Research and Development Team developed and then sold the IRDS technology to ReelTime Rentals, Inc., a US company that manages and delivers streaming video via its on line broadband network at www.reeltime.com.

IRDS technology has significant advantages in cost and quality over other systems in current use. "Sony is one of the first Hollywood studios to make use of digital distribution of content and understand its impending impact," said Joel Edwards, Director of Business Development with Innovative Communications Technologies. "The Sony agreement with ReelTime is a huge endorsement for the IRDS technology and ICT Product Development."

ICT R&D will continue to leverage its 18-year product development strengths to the currently announced "Cannes Project" mobile broadband voice and data platform and other projects in the ICT R&D pipeline.

For more info: http://onmc.realpennies.com

AQUAGOLD INTERNATIONAL, INC. (Pink Sheets: ONMC ) (January 22, 2008) is pleased to announce the completion of filing of final merger documents with both the State of Nevada and NASDAQ. In addition to the filing of final merger documents AQUAGOLD USA INC. has filed for the official name change and applied for a new CUSIP number with the respective legal entities. Manuel Da Silva (CEO, AQUAGOLD INTERNATIONAL, INC.) thanks shareholders for their patience through this process and anticipates a successful and profitable relationship at the onset of this new phase for AQUAGOLD INTERNATIONAL, INC.

Jesse Rodriguez, now former Interim President & CEO of Omninet Media.com, Inc., says, "It has been an honor serving you, the shareholders, for the past year. At this point I feel that I have achieved my goals and objectives of finding a merger partner with excellent short and long term vision and market potential for strong shareholder equity in 2008 and beyond. I have now officially resigned as an officer and director and turn the operations of our company over into the control of the competent management team and Board of Directors headed up by Mr. Manuel Da Silva, your new Chairman, President and CEO. Please forward all future correspondence and phone calls to AQUAGOLD INTERNATIONAL, INC."

For more info: http://pmed.realpennies.com

Paradigm Medical Industries, Inc. (OTCBB: PMED) (January 23, 2008) a leader in glaucoma diagnostic and management devices, announced today it has settled the last of its currently active lawsuits against the Company. The Company disclosed it had reached an out-of-court settlement with Larry Hicks, a former consultant. Terms were not disclosed.

In 2006, Paradigm Medical resolved two suits filed by former employees via summary judgments in favor of the Company. Paradigm Medical also resolved several class-action suits out of court in 2005. All of these lawsuits, including Hicks and the class action suits, were filed in 2003.

"We can now fully concentrate on our core business of developing, manufacturing and marketing of diagnostic glaucoma equipment that we provide to the ophthalmic industry," said Paradigm Medical's Chief Executive Officer, Raymond Cannefax. "Management has spent substantial time defending the Company in these suits. We can now have full focus in implementing our strategies and business plan."

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Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on RealPennies. For more movers: http://www.realpennies.com/wrapup.html

Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice.
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Tuesday, January 22, 2008

(Pink Sheets: CJGH), (OTCBB: MTTG), (Pink Sheets: TCLT), (Pink Sheets: BLLB).

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China Jiangsu Golden Horse Steel Ball, Inc. (Pink Sheets: CJGH) (January 22, 2008) ("Golden Horse" or "the Company") a leading Chinese manufacturer and supplier of ball bearings, wishes to announce that its controlled affiliate, Jiangsu Golden Horse Steel Ball Co., Ltd. ("Jiangsu Golden Horse") will take an active role in the Chinese Government's 11th five-year technology development plan of the steel ball industry, which is formulated based on the requirements of China's Bearing Industry 11th five-year development program, has been approved by China Bearing Industry Association Technology Committee.

Jiangsu Golden Horse, a domestic People's Republic of China company, will undertake several new technology developments in the steel ball industry for 2008 and 2009. Three programs are slated for 2008 and will include the research of G3 grade high-precision steel balls, the research of new resin grinding wheel milling techniques, and the development of automotive bearing steel wire. In 2009, three programs will research the life span test machine of steel balls, development of steel ball line processing technology, and the development of cold heading active control technology of steel balls.

"We take great pride to take an active role in the government's 11th Five-Year Technology Development Program of Steel Ball Industry in China and continue our leading position in the steel ball industry," stated Qiang Ma, President of China Jiangsu Golden Horse Steel Ball, Inc. "Our company employs more than 50 engineers and we look forward to the research and development programs to improve the equipment, the product quality and technologies of steel ball production."

The Company along with its affiliates and controlled entities is one of the top five manufacturers of steel ball bearings in China. The Company produces over three billion ball bearings annually of various specifications along with its development of over 15 new products, such as stainless steel balls, aluminium balls, and ceramics balls. In addition, the Company continues to export its products to over twenty countries worldwide including the USA, Japan, Brazil, India, and Germany.

For more info: http://mttg.realpennies.com

Material Technologies, Inc. (OTCBB: MTTG) (January 22, 2008), Los Angeles, CA provided inspection services to CalTrans using their patented Electrochemical Fatigue Sensor (EFS) System. The inspected structure is a fracture critical bridge located in West Sacramento, CA that has been repaired and retrofitted. Inspection results are being used to determine which of the existing cracks are growing, if there are other locations which contain cracks previously undocumented, and whether the repairs and retrofits installed on the bridge are working properly, that is, not exhibiting any crack growth. This information can be used to prioritize repair funds as well as verify the efficacy of those repairs and repair methods.

The inspection was completed on December 12, 2007, with a dozen CalTrans representatives present. Results will be presented to officials to determine further uses of EFS across the state.

Robert M. Bernstein, MATECH's CEO, says, "MATECH continues to provide DOT's (state departments of transportation) with invaluable information never available before. More and more DOT's are becoming familiar with the technology and requesting inspections. They are using the inspection results to make better bridge management decisions."

For more info: http://tclt.realpennies.com

Techalt, Inc. (Pink Sheets: TCLT) (January 18, 2008) announced that it is in the final stages of negotiations to acquire one of the largest online suppliers of electric vehicle parts and components. The Company plans to announce the signing of the merger agreement as early as next week.

The Company also announced it is in final negotiations to acquire the licensing rights for a cream best known for treating and preventing open wounds to the skin often incurred through athletic activities. This cream significantly shortens the healing time for abrasions, laceration and blisters, and help to diminish the pain associated with those injuries. This cream is being used by several professional athletes. The Company anticipates a definitive licensing agreement by February.

For more info: http://bllb.realpennies.com

Bell Buckle Holdings, Inc. (Pink Sheets: BLLB) (January 22, 2008) announced that the big-box retailers T.J. Maxx and Marshalls have selected fourteen Bell Buckle Holdings products for placement in the gourmet sections of their stores. Owned by The TJX Companies, Inc., T.J. Maxx and Marshalls are the first and second largest off-price retailers of apparel and home fashions in the United States, respectively. The fourteen Captain Rodney's Private Reserve brand items selected include the company's award-winning, all-natural Hot Pepper Jelly and Mango Pepper jelly, five flavors of Caribbean Salsa, their all-natural Key Lime Curd, plus two Captain Rodney's All-Natural Hot Sauces; Corazon del Fuego and Mango Fire. T.J. Maxx and Marshalls will also offer Captain Rodney's Private Reserve Sweet and Spicy All-Natural Pepper Glazes in four varieties; Tequila Lime Glaze, Mango Pepper Glaze, Lime Ginger Glaze and the Original Boucan Glaze. These items started hitting the store shelves in mid-January, just in time for the big football game.

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Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on RealPennies. For more movers: http://www.realpennies.com/wrapup.html

Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice.
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Wednesday, January 9, 2008

(Pink Sheets: CJGH),(OTCBB: CVBT), (OTCBB: GTRE), (Pink Sheets: WMAN).

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For more info: http://cjgh.realpennies.com

EGPI Firecreek, Inc. (OTCBB: CJGH)

China Jiangsu Golden Horse Steel Ball, Inc. (Pink Sheets: CJGH ) (January 7, 2008) China Jiangsu Golden Horse Steel Ball, Inc., a leading Chinese manufacturer and supplier of ball bearings, wishes to announce that it is seeking a European listing, specifically on the Frankfurt Stock Exchange. Management feels that this will be an important move in order to broaden the Company's shareholder base and international exposure, and it is part of Golden Horse's international strategy. Listing on the Frankfurt Stock Exchange will provide European investors with an easier access to Golden Horse's stock and will facilitate European investment.

"European investors have a strong interest for investing in both steel and manufacturing companies. Particularly Chinese companies with projects where there is leverage to rising commodity prices plus the blue-sky potential of an aggressive expansion program that can significantly increase revenues. This new listing provides the company with increased exposure to worldwide capital markets," says Qiang Ma, President of China Jiangsu Golden Horse Steel Ball, Inc.

The Frankfurt Stock Exchange is the world's third largest organized Exchange-trading market in terms of turnover and dealings in securities. It ranks third in the world behind NYSE and NASDAQ. It is owned and operated by Deutsche Borse, which also owns the European futures exchange Eurex and clearing company Clearstream. For more information on Frankfurt Stock Exchange please visit www.exchange.de.

Golden Horse along with its affiliates and controlled entities is one of the top five manufacturers of steel ball bearings in China. The Company produces over three billion ball bearings annually of various specifications along with its development of over 15 new products, such as stainless steel balls, aluminum balls, and ceramics balls. In addition, the Company continues to export its products to over twenty countries worldwide including the USA, Japan, Brazil, India, and Germany.

For more info: http://cvbt.realpennies.com

CardioVascular BioTherapeutics, Inc. (OTCBB: CVBT) is pleased to announce that its breakthrough angiogenesis therapy has been featured in the February 2008 issue of "Reader's Digest." The article, titled, "Heart Hope" by Lisa Collier Cool, refers to CVBT's therapy as a "new lease on life" for patients suffering from severe coronary heart disease who do not have any other viable treatment options. Patients such as those featured in the Reader's Digest article could benefit from this innovative treatment where conventional methods have failed them. Angiogenesis refers to the growth of new blood vessels that may help those suffering from coronary heart disease by increasing blood flow to the affected tissue.

Jim Blevins and Gail Keller, both patients of Dr. Lynne Wagoner, were what some refer to as "no option patients" for whom all of the "conventional treatments had been exhausted." Dr. Wagoner was the principal investigator in CVBT's completed Phase I Coronary Heart Disease trial. She learned of CVBT's new procedure in which its drug, containing the active protein fibroblast growth factor-1 (FGF-1), was injected into the heart thereby stimulating angiogenesis. In the article, Thomas J. Stegmann, MD, co-founder, co-president, and chief medical officer of CVBT explains, "the protein is like a seed that causes new vessels to sprout, creating a network of capillaries and small arteries." Once admitted into the trial, Gail Keller felt "thrilled and elated to finally have hope." In the article Gail continued, "I had nothing to lose, because the quality of my life was so bad." Before participating in the trial, Jim Blevins had been "dreading the future thinking that I'd go into heart failure again and only have a few years left." Jim continued, "within a few months of being treated, my energy was up at least 50 percent." Both Jim and Gail had successful outcomes from the Phase I trial and have been able to get back to activities that were once thought to be lost to them forever such as golf, biking and gardening.

Improving the quality of life for these patients through improvement of myocardial blood supply is CVBT's main objective. "We are pleased about being highlighted by Reader's Digest' for our intensive work in the field of angiogenesis therapy," said Dr. Stegmann. "Our goal is to provide a viable treatment that gives heart disease patients hope and can return them to the quality of life they once enjoyed."

The Phase II study will utilize an injection catheter to deliver the drug to ischemic regions in the heart wall without surgery. It is less invasive than the surgical delivery of the drug used in the Phase I trial. The Phase II trial will also permit the comparison of the benefits of CVBT's drug candidate with the requirement of a placebo control group. CardioVascular BioTherapeutics is expected to begin its Phase II clinical trial of its drug candidate CVBT-141H for the treatment of severe coronary heart disease in the coming months. For more details please visit www.cvbt.com.

Gran Tierra Energy Inc. (OTCBB: GTRE - http://finance.yahoo.com/q?s=GTRE.OB ) (Wed, January 9th, 2008, 8:30am ET) Gran Tierra Energy Inc., a company focused on oil exploration and production in South America, today announced that its net after royalty production at the end of 2007 had risen to approximately 3,300 barrels of oil per day (BOPD) as a result of growing production capacity from exploration drilling success during the year.

Average oil production in Colombia has grown to approximately 2,700 BOPD, net after royalty, compared to 2,000 BOPD reported in November 2007. This continued growth in production is the result of expanded well production capacity and infrastructure handling capacity. Average oil production in Argentina has remained stable at approximately 600 BOPD, net after royalty.

Gran Tierra Energy has an active development drilling and exploration drilling campaign budgeted for 2008. This includes six development wells in oil discoveries made in Colombia in 2007, and three oil exploration wells, two in Colombia and one in Argentina.

"Gran Tierra Energy has had exceptional exploration success in 2007 which is currently being developed and is resulting in substantial growth in production. We will be continuing our development drilling through 2008 to increase our production capacity, in addition to undertaking additional oil exploration efforts to further define the potential of our acreage in Colombia, Argentina and Peru," stated Dana Coffield, President and Chief Executive Officer of Gran Tierra Energy Inc.

For more info: http://wman.realpennies.com

Wellman, Inc. (Pink Sheets: WMAN) (January 8, 2008) announces the promotion of Mark Ruday to Chief Operating Officer reporting to Tom Duff, Wellman's Chief Executive Officer and Chairman of the Board of Wellman, Inc. Mr. Duff stated, "Mark has provided important leadership and this promotion formalized the role he was performing. His leadership will help maintain our focus on business operations while exploring strategic alternatives for the Company. We expect that he will continue to add significant value to the Company in his new position."

Reporting to Mr. Ruday will be Steve Ates, Vice President of Sales and Marketing, Ian Shaw, Vice President of Manufacturing and Research & Development, and Barry Taylor, Vice President of Human Resources and Safety, Health, and Environmental.

Mr. Ruday has held various operations and accounting positions in the Company, including his current position of Vice President, Business Operations and prior to that as Vice President, Controller and Chief Accounting Officer. He is a graduate of Brown University with a dual degree in Economics and Organizational Behavior & Management and received a Masters Degree in Accounting from Bryant College.

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Monday, January 7, 2008

(Pink Sheets: CJGH), (OTCBB: EFCR), (OTCBB: LBAS), (Pink Sheets: BDGR).

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China Jiangsu Golden Horse Steel Ball, Inc. (Pink Sheets: CJGH ) (January 7th, 2008)a leading Chinese manufacturer and supplier of ball bearings, wishes to announce that it is seeking a European listing, specifically on the Frankfurt Stock Exchange. Management feels that this will be an important move in order to broaden the Company's shareholder base and international exposure, and it is part of Golden Horse's international strategy. Listing on the Frankfurt Stock Exchange will provide European investors with an easier access to Golden Horse's stock and will facilitate European investment.

"European investors have a strong interest for investing in both steel and manufacturing companies. Particularly Chinese companies with projects where there is leverage to rising commodity prices plus the blue-sky potential of an aggressive expansion program that can significantly increase revenues. This new listing provides the company with increased exposure to worldwide capital markets," says Qiang Ma, President of China Jiangsu Golden Horse Steel Ball, Inc.

The Frankfurt Stock Exchange is the world's third largest organized Exchange-trading market in terms of turnover and dealings in securities. It ranks third in the world behind NYSE and NASDAQ. It is owned and operated by Deutsche Borse, which also owns the European futures exchange Eurex and clearing company Clearstream. For more information on Frankfurt Stock Exchange please visit www.exchange.de.

Golden Horse along with its affiliates and controlled entities is one of the top five manufacturers of steel ball bearings in China. The Company produces over three billion ball bearings annually of various specifications along with its development of over 15 new products, such as stainless steel balls, aluminum balls, and ceramics balls. In addition, the Company continues to export its products to over twenty countries worldwide including the USA, Japan, Brazil, India, and Germany.

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EGPI Firecreek, Inc. (OTCBB: EFCR) (January 7th, 2008)and its wholly-owned subsidiary, Firecreek Petroleum, Inc. are pleased to announce that it has completed the sale of its Debentures for $2.1 million dollars to initiate the commencement of its oil and gas development plans for the first quarter 2008.

The financing will aid in the anticipated restructuring of the Company's operations, proposed acquisitions and corresponding work programs for new and existing oil and gas programs.

As part of EGPI's restructuring plan, the Company has approved a provision that will allow for the election of up to 5 new members to the Board of Directors. These individuals will consist of industry and finance professionals, and will give the Company an increased breadth of knowledge and credibility in the Oil and Gas industry.

Additionally, as part of the negotiating for its recently completed financing, the Company has successfully completed a wrap up and closure on all equity line sales through its prior financing arrangements. This wrap up is crucial in the Company's commitment to bring value to the shareholders by providing better terms in its current financing commitments and by restructuring any prior funding commitments so as to not suffer any potential dilutive effects, in the form of creating stock into the market by drawing from an equity line. The Company is confident that the closing of the equity line will now give the Company and its stock the potential to trade in parity with the Company's current events and future news releases.

Dennis Alexander, the Company's Chairman and CEO, stated, "We are extremely excited about the future outlook for EGPI/Firecreek. A tremendous effort has taken place in an effort to initiate our plans for Fiscal 2008 and the Company's long term future. We are now aggressively taking steps in an effort to build on the Company's domestic growth for oil and gas revenues and cash flow." Mr. Alexander also stated, "We also look forward to introducing the addition of our new Board members and working side by side with capable individuals who will bring knowledge, capacity and competent assistance in the vision, development and implementation of the Company's current and future business plans."

EGPI Firecreek, Inc. continues review for potential leases, interests and opportunities which are located throughout the U.S. and its surrounding regions. The Company is working on various financial opportunities for the funding of potential project acquisitions and the respective capital expenditure requirements for each.

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Location Based Technologies, Inc. (OTCBB: LBAS) (January 7th, 2008) announces that as of January 4th it has converted all of its investor debt ($5,242,000) into equity. This is a demonstration of investor confidence in the value and marketability of the PocketFinder family of products. The Company will be participating in Pepcom's Digital Experience on January 6, 2008, at Caesars Palace in Las Vegas for the premier consumer electronics media showcase. Location Based Technologies will demonstrate that it has built an intuitive and user-friendly interface that will offer great value and functionality to their real-time personal GPS locator product line. The PocketFinder and PocketFinder Pets are small, rugged devices that help parents or guardians stay connected to their young children, elderly parents, a disabled child, or pets -- from anywhere and at anytime. "Your World. Located."

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Black Dragon Resource Companies, Inc. (Pink Sheets: BDGR ) (January 4th, 2008) Mr. Joseph Lanza, President of Black Dragon, announced today that the Company intends to publish its nine months unaudited financials prior to the end of next week and expects that the results of that period will exceed the same period for 2006.

Mr. Lanza stated that one other condition of the proposed financing transaction was that the Company provide a current business Plan to its proposed Joint Venture Partner. Mr. Lanza stated that this was done and was accepted as satisfactory.

Mr. Lanza stated that an error was made in the Company's release about the Proposed Joint Venture, which could bring in over $100,000,000 to Black Dragon. The release inaccurately reported that Black Dragon's oil and gas reserves were valued at $2.7 billion dollars whereas, in fact, its Joint Venture Partner had accepted the oil and gas reserves as having a value of $12.7 billion, not a small difference Mr. Lanza noted! In all other respects the Company's release was correct and Mr. Lanza stated that the details of the Joint Venture Funding are still scheduled for completion for the Shareholders meeting on January 16, 2008.

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Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on RealPennies. For more movers: http://www.realpennies.com/wrapup.html

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