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

Thursday, March 13, 2008

Turning Pennies into dollars: (Pink Sheets: WNBD), (OTCBB: ATNO), (OTCBB: USSU), (OTCBB: UGNE).

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Winning Brands Corporation (Pink Sheets: WNBD) (Wed, March 12, 2008, 2:26pm ET) Winning Brands Corporation reports the approval for listing of Winning Colours Stain Remover by Wal-Mart in Canada. Established in 1994, Wal-Mart Canada operates a growing network of 305 outlets nationwide. The company serves more than one million Canadians each day.

The listing is considered a milestone for Winning Brands Corporation as it builds a foundation for its eco-responsible cleaning solutions to become favourites in their categories across North America.

Winning Brands National Sales Manager Patricia Miles notes that Winning Brands has been quietly preparing its infrastructure for the realities of dealing with the world's largest retailing partners. "It's ongoing," says Miles. "We have to get better each year in streamlining our internal procedures so that we can provide excellent value to consumers through listings with the most advanced retailers. Inventory management, quality control, smart materials purchasing -- it's all part of what it takes to qualify for this calibre of relationship."

Winning Colours Stain Remover has been growing in popularity amongst households that have discovered it because of the stain remover's gentleness to skin and fabrics, yet powerful action on a wide range of drips, drops and disasters that occur daily by the millions. The product is based in the paint department of most of Winning Brands' retail partners because of the fact that Winning Colours has unique performance characteristics in paint clean-up and is already a favourite amongst many paint departments for their own internal clean-up projects. The use of Winning Colours Stain Remover is not limited to paint messes, explaining its growing popularity in all markets that it reaches.

Lorne Kelly, Snr. VP of Winning Brands, is responsible for training new retailer associates. "I keep it simple," says Kelly -- "I never tire of giving the same demonstration, because it's really fun to see how people respond to the nice feeling of Winning Colours on their skin. It's unbelievably soft on skin but will still clean up all sorts of nasty messes. It's a breakthrough for people who need something that will do the job, but not hurt their skin -- and that's most of us."

Winning Brands CEO Eric Lehner comments that a steady pace, unassuming and systematic, is Winning Brands' preferred approach to building its business. "Yes, more than 176 million consumers worldwide shop in a Wal-Mart owned store every week but we are not there yet. There is no guarantee that we will grow within the Wal-Mart organization. We have to earn that by delivering consumer satisfaction, attention to detail and internalizing cost consciousness that will always let us deliver best outcomes with massive capacity in our category. This is serious business, so you don't need to get started with the biggest in the world if you are not prepared to do the associated work. But since we are approaching this very seriously, the possibilities for Winning Brands and its shareholders are profound". Account Management and logistics for Wal-Mart in Canada will be shared with Dynamic Paintware, a Winning Brands' distributor. The stores are expected to have their initial inventory 2nd Qtr. 2008.

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

Atlantis Technology Group (OTCBB: ATNO) (Tue, March 11, 2008, 9:38am ET) Atlantis Technology Group announced today that wholly owned subsidiary Global Online Television Corporation (GOTV) www.globalonlinetelevision.com will include Online Video Gaming from websites such as gametap.com. Other variations of Video Gaming content will be available on the HD / PVR upgradeable package at no additional charge.

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

USA Superior Energy Holdings, Inc. (OTCBB: USSU) (Tue, March 11, 2008, 10:30am ET) USA Superior Energy Holdings, Inc., a company that develops and utilizes advanced technologies to increase oil production from underperforming oil wells, is pleased to announce a financing arrangement with its oil purchasing customer, Durado Oil Company, which will allow for immediate payment on barrels delivered. By receiving cash upon the delivery of our barrels, we are able to increase cash flow and thus are able to accelerate our expansion efforts in the Bateman field. Increasing cash flow gives us a much more attractive balance sheet and as a result we are more appealing to outside financing from banks and institutions. At the present time, the Bateman project has put 44 of the 88 wells into production since the projects inception in January 2008.

Randy Holifield, Field Operations Manager, states, "This immediate access to the cash generated by barrels produced and shipped will allow for us to be significantly more aggressive in opening up the remaining 44 wells in the field, as well as continue to revisit the existing re-opened 44 wells to maintain or expand current production flows."

"This customer-driven financing," according to Rowland Carey, CEO of USA Superior, "will significantly reduce our need for external financing to meet our overall production goals for 2008."

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

Unigene Laboratories, Inc. (OTCBB: UGNE) (Wed, March 12, 2008, 5:37pm ET) Unigene Laboratories, Inc. reported that the W & R Levy Family Limited Partnership, owner of 286,123 shares of Unigene common stock, has been dissolved under a statutory termination and the shares have been reacquired by Jay Levy, Chairman, and his family.

Read our full disclaimer at: http://www.realpennies.com/start.html

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 11, 2008

(NASDAQ: TSTR), (Pink Sheets: WNBD), (Pink Sheets: PBSO).

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TerreStar Corporation (NASDAQ: TSTR) (February 7th, 2008) and its subsidiary TerreStar Networks Inc. (TerreStar), which is building the nation's first integrated mobile satellite-terrestrial (MSS/ATC) communications network, announced that EchoStar Corporation (NASDAQ: SATS), Harbinger Capital Partners Master Fund I, Ltd. and Harbinger Capital Partners Special Situations Fund LP (collectively, Harbinger) and other investors have entered into a series of separate agreements constituting a commitment of $300 million in investments in TerreStar - with $200 million made available today at closing and the balance dedicated to funding the TerreStar-2 satellite.

As part of these transactions, TerreStar Corporation will also obtain an enhanced nationwide spectrum footprint through separate rights to certain 1.4 GHz spectrum currently held by EchoStar and Harbinger.

"These strategic investments will help drive long-term shareholder value and ensure that TerreStar has access to the requisite capital to achieve its operational launch by the end of 2008. Also, the enhanced nationwide spectrum footprint can help TerreStar accomplish its mission to offer reliable, interoperable satellite-terrestrial communications and next-generation applications for the commercial, government, rural and public safety sectors throughout North America," stated Robert H. Brumley, TerreStar chief executive officer and president.

"We are gratified that Harbinger and our other investors have strengthened their ongoing commitment to the Company -- and we are excited that EchoStar has become a strategic partner," added Brumley. "Additionally, we look forward to working with EchoStar to identify new and exciting business opportunities between the two companies," added Brumley.

As a result of this transaction, both the Boards of Directors of TerreStar Corporation and TerreStar Networks Inc. will expand to eight members with EchoStar and Harbinger each having the right to nominate two members to each board.

"We welcome the new additions to the board," added Brumley. "We value the continued advice and support from our current board members and look forward to an enhanced board with a wealth of experience in growing successful enterprises."

In addition to shareholder approval of the transaction, the spectrum transactions will also be subject to certain government approvals.

This financing will be used in part to fund the completion and launching of TerreStar-1. Space Systems/Loral (SS/L), a subsidiary of Loral Space & Communications, the manufacturer of TerreStar-1 today reported that "the main body is 100 percent complete; reference performance testing is underway; and TS-1 is scheduled to enter TVAC [Thermal Vacuum testing] on February 16, 2008." However, SS/L also reported that issues concerning TS-1's feed array could delay the delivery and launch of the satellite by three months. SS/L stated that it will provide a more definitive schedule after additional testing is completed in April 2008. Arianespace, the launch provider for TerreStar-1, has confirmed that it can launch the satellite during the December 2008 - February 2009 launch window under the innovative "launch on demand" contract between TerreStar and Arianespace.

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

Winning Brands Corporation (Pink Sheets: WNBD) (February 7th, 2008) reports that field evaluations have now commenced for its new KIND(TM) Laundry Products line in settings where laundry products are currently sold by vending machine or can be sold by vending machines. The new class of sizes is illustrated by the rectangular 5-6 fl.oz. package range shown in the photo. Industry watchers have speculated whether Winning Brands will approach the laundry detergent sector as a niche brand or mainstream. Snr VP Lorne Kelly says that nothing prevents KIND(TM) laundry products from becoming a favourite in any households that discover the friendly new brand; "We are not confined to settings where people are already looking for green products -- we are going to go out there to be available where people shop for laundry products in general, even including Laundromats."

An evaluation relationship has been established with a leading manufacturer in the vending machine sector and real-world tests will now be applied to performance of the packages, distributor supply chain delivery details and confirming final consumer response. The purpose of this final pre-launch stage for the KIND(TM) vending machine SKU variant is to identify and remove obstacles to commercial order volumes for this size range, estimated to be in standard batches of 166,000 bottles per run. The retail value of each such batch in consumers' hands is approximately $500,000. It is estimated that existing vending machine small-dose package sales in powder and liquid form for all brands is between 50-100 million units per year. Final production of KIND(TM) will take place at the Grand Rapids, Michigan facilities of Surefil LLC where the most recent additions to the plant have increased capacity for its brand partners to a new threshold of 75 million units per year.

Winning Brands CEO, Eric Lehner, points out that a systematic approach is what Winning Brands prefers. "We make this announcement because the testing phase is the last one before implementation. The program commitment is now in place for this initiative to become a reality."

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

Point Blank Solutions, Inc. (Pink Sheets: PBSO ) (February 8th, 2008) announced Friday that it has nominated a slate of five highly qualified director nominees for election to the Board of Directors of Point Blank Solutions, Inc. ("PBSI" or the "Company") at the Company's 2008 Annual Meeting of Shareholders. Steel Partners, which beneficially owned 3,441,922 shares of common stock of the Company as of February 7, 2008, constituting approximately 6.7% of the Shares outstanding, detailed its intention in a written notice to the Corporate Secretary of Point Blank.

On October 30, 2007, Steel issued a letter to the Company stating its willingness to enter into negotiations to acquire all of the common stock of PBSI it does not already own for no less than $5.50 per share in cash, representing at least a 23% premium to PBSI's closing price on October 29, 2007. PBSI management subsequently rejected Steel's offer.

Steel stressed at the time its extensive experience working with and maximizing the value of other public companies in the defense industry, including United Industrial Corporation, Aydin Corp., ECC International Corp. and Tech-Sym Corp. PBSI's core business is the manufacturing of body armor and protective clothing for the military and law enforcement.

Read our full disclaimer at: http://www.realpennies.com/start.html

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

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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(Pink Sheets: FNAT), (Pink Sheets: CWRM), (Pink Sheets: WNBD), (Pink Sheets: CBGC).

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First National Entertainment Corp. (Pink Sheets: FNAT) (February 1, 2008) is pleased to announce that it has changed its corporate focus. The energy sector is presently very attractive and has high potential for company profitability. FNAT will focus on the acquisition of non-producing properties to implement re-completion workovers to recover oil and gas left in place behind pipe by previous owners and operators. Thousands and thousands of wells around the country have been shut in over the years when oil and gas prices were much lower. With the advance of technology and much higher energy prices, many of these wells can now be worked over to provide energy production that our country needs. FNAT has identified many such wells in Texas, Oklahoma and the Appalachian Basin. The company believes they will have an exciting future in the new direction they are heading.

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

Cotton & Western Mining, Inc. (Pink Sheets: CWRM ) (February 1, 2008) Robert L. Cotton, President & C.E.O. of Houston-based Cotton & Western Mining, said that the company is expecting to get at minimum six months production from its Baja California new iron and copper ore production in year 2008 and with metal mineral prices at all time highs, only 60,000 dry metric tons of copper ore and 900,000 dry metric tons of iron ores would be needed to exceed $100,000,000.00 in gross revenues.

The company anticipates production of crude iron and crude copper ore to begin no later than June, 2008 with modest expectations for production of ores.

The company has received several offers within the last few weeks for off-take agreements for both the iron ore and copper ore production from its Baja Pacific No. 5 mineral deposit. Bench mark pricing for the first quarter of 2008 for raw crude iron ore in fines at minimum 64.5% Fe is $62.00 F.O.B. per each dry metric ton and bench mark pricing for the first quarter of 2008 for raw crude copper ore in lump at minimum 28% Cu is $1,350.00 C.I.F. per each dry metric ton. The company is planning on setting up production of copper ore at 10,000 DMT per month and production for iron ore fines will be set at 150,000 DMT per month.

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://cbgc.realpennies.com

Canadian Blue Gold Inc. (Pink Sheets: CBGC) (February 1, 2008) announced Friday that it has finalized a Merger Agreement with a leader of the North American water bottling industry. Canadian Blue Gold Management indicated that the Merging Company is well established in the water distribution market both in Canada and the United States.

Canadian Blue Gold will disclose further information regarding the transaction upon consent from the respective attorneys and approval by applicable regulatory authorities.

Read our full disclaimer at: http://www.realpennies.com/start.html

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, January 28, 2008

(OTCBB: GSPG), (Pink Sheets: WNBD), (Pink Sheets: WSDT), (OTCBB: SCEY).

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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://wnbd.realpennies.com

Winning Brands Corporation (Pink Sheets: WNBD) (January 28th, 2008) reports that it has received U.S. distributor purchase orders for all three of its key 2008 roll-out product groups: CLEAN1(TM) Outdoor Cleaner, KIND(TM) Laundry Products and Winning Colours Stain Remover at the close of the 2008 Val-Test Annual Buying Show in Naples, Florida. Industry watchers were not expecting that CLEAN1(TM) Outdoor Cleaner would be in the mix, however Winning Brands decided at the last moment to introduce the new eco-oriented outdoor/indoor cleaner informally ahead of schedule in the U.S. to gain a first impression from the market here.

The situation of Val-Test member Pearson Distributing of Minneapolis, Minnesota captures the spirit of the response to Winning Brands products by attending distributors. Pearson Distributing was amongst those who placed opening orders and included CLEAN1(TM) with their orders for KIND(TM) Laundry Products and Winning Colours Stain Remover. "We are very excited about our new partnership with Winning Brands," says Tom Coppo, Vice-President of Pearson. "Each year you hope to be introduced to a product or company that will excite the marketplace. Winning Brands is that company for Pearson Distributing in 2008. I think all these environmentally oriented products have real potential to succeed for my customers because they fit together well.

Winning Brands Snr. V.P. Lorne Kelly was in charge of the company's presence at the Val-Test Buying Show. He summarizes: "I'd rather not detail the order volumes and identity of every distributor at this moment because they deserve confidentiality as they prepare to implement their own business plans. From Winning Brands' perspective however, the show total has put us well on the way to realize our goals for 2008 through operational phases that have already been disclosed." Winning Colours will be featured on the new Pearson website under development, to be launched February 1, 2008.

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

WisdomTree Investments, Inc. (Pink Sheets: WSDT) (January 25, 2008) announced the Company is to partner with The Dreyfus Corporation, a subsidiary of BNY Mellon Asset Management, on International Cash and Fixed Income ETF products. The products will be part of the WisdomTree Trust and will be co-branded and marketed by both organizations. Dreyfus will act as subadvisor to the Trust.

"BNY Mellon Asset Management comprises asset management companies with individual, proprietary investment expertise, and this unique combination of talent fosters the development of innovative investment products," said BNY Mellon Asset Management CEO Ron O'Hanley. "The creation of new ETFs complements what BNY Mellon Asset Management does already." BNY Quantitative Equity Management Group already subadvises for WisdomTree, among others. "BNY Mellon Asset Management's ability to distribute new ETFs in the marketplace extends our capabilities to new products that are becoming increasingly important in the retail and intermediary business," O'Hanley continued.

"Dreyfus is excited to be entering the ETF business as it is an increasingly vibrant segment of asset management," said Phil Maisano, Chief Investment Strategist of BNY Mellon Asset Management and Chief Investment Officer of Dreyfus. "The strategic venture between Dreyfus and WisdomTree creates a formidable player as both companies bring their respective expertise to the venture."

"WisdomTree is very excited to partner with BNY Mellon Asset Management as we venture into new asset classes," said WisdomTree CEO Jonathan Steinberg. "We believe there is significant opportunity for ETFs to provide exposure to cash products around the world. Despite U.S. cash being a $3 trillion market segment, today's U.S. investor is surprisingly limited in their ability to easily hold cash in non-U.S. cash investments. We are pleased to work with a widely recognized asset management industry leader in BNY Mellon Asset Management."

Through its asset servicing business, The Bank of New York Mellon will provide full fund accounting and administration services for the new ETFs.

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Sun Cal Energy Inc. (OTCBB: SCEY) ( January 28, 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."

Recently, Range Resources applied before the Corporation Commission of the State of Oklahoma to seek a third scheduled well within the Hobart Prospect.

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."

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