FEATURED COMPANY

THRESHER INDUSTRIES INCORPORATED (OTC: THRR)
"Up 16.67% in morning trading"

Detailed Quote: www.otcpicks.com/quotes/THRR.php

Company Profile: http://www.otcpicks.com/thresher-industries.htm

Thresher Industries, Inc. is a leading manufacturer of low carbon footprint conventional and custom machined die castings made from 100% recycled aluminum and metal matrix composites. Based in Hanford, California, the Company operates an ISO 9000-compliant, "green" foundry that integrates bio-degradable technologies and processes to lower the economic and environmental costs of production. Thresher offers full engineering support, designing, and prototype development to a variety of industries including: agriculture, aerospace, defense, transportation, and automotive in the U.S. and Europe.

THRR News:

March 12 - Thresher Industries Board of Directors Discusses Sale of Company

Thresher Industries (OTC: THRR) announced that there was a special meeting of the Board of Directors to discuss a Letter of Intent to buy Thresher Industries that was received on March 9, 2010 and the terms of the offer. This offer represents an attractive package with a deal suggested that is significantly above the current market price range. While the Board of Directors came to no final conclusions, the sentiment was very favorable towards the proposal. In deciding whether or not to proceed with the sale, The Board has concluded it needs to consult with its legal council as to whether the Board has the authority to accept the offer; or whether a shareholder meeting must be called to vote on the matter. The company anticipates disclosing the results of the legal council's investigation to be announced on Monday March 15th 2010.

CEONEWS.Tv has issued an interview and profile of the Company. To listen to the interview with President and CEO Tom Flessner, visit http://bit.ly/a3LI9P.

Topics discussed included Thresher's research and development efforts; green production and expansion plans; sales and marketing initiatives, and its recently launched, next generation LED energy-efficient lighting component. Mr. Flessner commented, "We are looking to expand our network of sales representatives and increase our reach into new and untapped markets that could benefit from our products and services. Recruiting sales representatives and outsourcing our sales and marketing departments are the first steps in opening the Company to new opportunities. We anticipate annual revenues between $800,000 to $1.2 million and to breakeven by the end of 2010."

In a separate matter, Mr. Flessner commented, "It has come to our attention recently that there may have been a short sell of 661 million shares of our common. We do not condone this type of activity and remain committed to building value for our loyal shareholders."

March 11 - Thresher Industries, Inc. Increases Purchase Orders and Quoting Activity

Thresher Industries (OTC: THRR), a California-based manufacturer of precision aluminum and advanced metal matrix composite parts, announces that the Company has received numerous purchase orders for the first quarter of 2010 for its metal matrix composite aluminum high pressure castings and through its active pursuit of numerous bids has done its second tier bidding for another major S&P 500 company. This S&P 500 company could provide Thresher with millions of dollars in revenue over the next few years from just one part of the several quoted.

FEATURED COMPANY

MUSCLE FLEX INCORPORATED (OTC: MFLI)

Detailed Quote: http://www.otcpicks.com/quotes/MFLI.php

Company Profile: http://www.otcpicks.com/muscle-flex-inc.htm

Muscle Flex Inc. brings new products to market using direct response TV infomercials specializing in the health, fitness, wellness and hygiene sectors. As well, Muscle Flex Inc. develops and creates general television content for network and cable television distribution. Muscle Flex's corporate strategy is to develop new and innovative products for sale and distribution via its proprietary direct response marketing system and the creation of television media and shows for general network and cable broadcast.

MFLI News:

March 11 - BRAVADA / Muscle Flex® to Create Television and Media Division

Muscle Flex Inc. (OTC: MFLI) (www.MuscleFlex.com) announced that it will create a separate wholly owned division of the company for the television and media industry. The new BRAVADA / Muscle Flex division will engage solely in the creation and development of television programming as well as compelling entertainment content for related media.

The creation of the new BRAVADA / Muscle Flex television and media division is to segregate the television / media projects from the parent company as these large scale television projects are comprised of various partnership arrangements between production entities, television networks and various other groups that work in conjunction to complete a project and broadcast the show / program onto national television networks and cable stations.

The Complete Package™ (www.TheCompletePackageTV.com) Reality TV Show pilot and opening episode is the first large scale television project that BRAVADA / Muscle Flex has filmed and created along with its partners TLK Fusion (www.TLKFusion.com) and Wesley Morris Entertainment (www.WesleyMorris.com) which will be included in the wholly owned television and media division. Editing of The Complete Package two-minute sizzle reel as well as the pilot / opening episode are expected to be completed the week of March 15th at which time the two-minute sizzle reel will be premiered to the public. The Complete Package pilot / opening episode will only be made available to potential television network partners. Public viewing of the opening episode will only be made available through a national television broadcast. Series content for The Complete Package (season one), is currently in development with two seasons planned per year.

BRAVADA / Muscle Flex has other projects that are to be included in the new television and media division that include ‘Sugar Free’ (a daytime / primetime talk variety show), a television project that is in late stage development with its partner Sterling Worldwide Entertainment (www.sterlingwwe.com), and an additional reality show program at the ‘concept stage’ of development. The Complete Package is the flagship project for the new television and media division. At present, no timelines for the additional television projects are in place, however details shall be provided to investors when specific arrangements are in place or material events dictate.

Recently Muscle Flex Inc. / BRAVADA began a corporate name change and “brand” restructuring to segment the component parts of its business. The name of the company is being changed to BRAVADA International Ltd from Muscle Flex Inc. with Muscle Flex® being the defining health and fitness brand within the company, BRAVADA International Ltd.

ABOUT THE COMPLETE PACKAGE™

The Complete Package is a new reality television show that merges sex appeal, style, attitude and business savvy. The Complete Package winner will be selected on: Beauty, Charisma, Business Smarts, Fitness, Fashion Sense, Intellect, Sex Appeal, Confidence, Spirit and Heart and will represent and be the face of BRAVADA International for one season.

The Complete Package will redefine what sexy is in America. The 10-15 episode series will incorporate all of the drama, humor and the unexpected that comes when women compete. How does a beautiful woman get prepared for the opportunity of a lifetime? What decisions go into hair, make-up, wardrobe, and attitude to standout from the rest in a Beverly Hills, 90210 setting? What interaction takes place when they’re living with the competition? Who’s their friend and who’s their enemy?

This is a 24/7 competition never out of the eye of the camera. Special features in the show will include fashion couture on-a-budget, a swimsuit contest, perseverance, endurance, fitness, sales and business acumen, public appearances, and getting real in the ‘must see and hear’ Truth Booth. Each week one contestant will be eliminated until only one winner stands in the spotlight, The Complete Package.

March 9 - Initial Edit of The Complete Package Reality Television Show Exceeds Expectations as Media Interest Accelerates

Muscle Flex Inc. (OTC: MFLI) announced that it has reviewed the first edits of The Complete Package™ (www.TheCompletePackageTV.com) Reality TV Show pilot and opening episode as well as the two-minute sizzle reel and has exceeded its expectations in every measure. TLK Fusion (www.TLKFusion.com), BRAVADA / Muscle Flex's partner in The Complete Package which includes Wesley Morris Entertainment (www.WesleyMorris.com), have been engaged in substantive discussions with a number of high profile Hollywood entities and power brokers with regards to The Complete Package and have received a tremendous degree of interest. As well, a growing list of high profile national media and nationally syndicated talk shows and programs have requested and are awaiting copies of the two-minute Complete Package sizzle reel which shall be released to the media and the public. The release date of The Complete Package sizzle reel is expected the week of March 15th.

"The strategy has always been to develop the most compelling and intriguing pilot for The Complete Package - and we've done it - there is no show out there like this!" replied Tracy Keyser, Co-President of TLK Fusion. "To be successful in Hollywood you have to do things right the first time and get the right people involved at the right time. We knew that when Danny Alex brought The Complete Package reality show to Ken and I that the show and its concept had amazing potential and that TLK Fusion could deliver the right high powered Hollywood insiders to make a show of this caliber a 'reality' as well as a success. When you introduce The Complete Package to someone it immediately captures their imagination as to the show's relevance and entertainment value - and I mean ENTERTAINMENT you have to see to believe! We are very proud of the project."

Danny Alex, BRAVADA / Muscle Flex CEO and creator of The Complete Package, replied, "What I want people to understand is with The Complete Package we are not only creating a television reality show but a franchise. There are so many things planned around the show and BRAVADA / Muscle Flex and its partners, TLK Fusion and Wesley Morris, are moving at an accelerated pace to make The Complete Package a success. When people see The Complete Package two-minute sizzle reel, I have no doubt that they will catch the same excitement that we have!!"

The Complete Package pilot and opening episode incorporated a number of dramatic elements such as the Truth Booth, hidden spy cameras, roving action cameras along with our "Man amongst the Ladies" host, Manny Streetz which brought out the very best (and worst) from the contestants vying for a spot in The Complete Package television reality series.

THE COMPLETE PACKAGE™

The Complete Package is a new reality television show that merges sex appeal, style, attitude and business savvy. The Complete Package winner will be selected on: Beauty, Charisma, Business Smarts, Fitness, Fashion Sense, Intellect, Sex Appeal, Confidence, Spirit and Heart and will represent and be the face of BRAVADA International for one season.

The Complete Package will redefine what sexy is in America. The 10-15 episode series will incorporate all of the drama, humor and the unexpected that comes when women compete. How does a beautiful woman get prepared for the opportunity of a lifetime? What decisions go into hair, make-up, wardrobe, and attitude to standout from the rest in a Beverly Hills, 90210 setting? What interaction takes place when they're living with the competition? Who's their friend and who's their enemy?

This is a 24/7 competition never out of the eye of the camera. Special features in the show will include fashion couture on-a-budget, a swimsuit contest, perseverance, endurance, fitness, sales and business acumen, public appearances, and getting real in the 'must see and hear' Truth Booth. Each week one contestant will be eliminated until only one winner stands in the spotlight, The Complete Package.

FEATURED COMPANY

BIOMAGNETICS DIAGNOSTICS CORPORATION (OTC: BMGP)

Detailed Quote: http://www.otcpicks.com/quotes/BMGP.php

Company Profile: http://www.otcpicks.com/biomagnetics-diagnostics/biomagnetics-diagnostics.htm

Biomagnetics Diagnostics Corporation is an advanced medical device and biotechnology company. The Company's revolutionary diagnostic systems, which are based on advanced magnetics, test for any viral or bacterial disease using any body fluid. The Company's technology allows laboratories to perform far more tests in the same amount of time it takes to do a single test. The HTS-MTP platform is designed to detect the actual virus and viral load in body fluids and not just simply screen for the presence of viral antibodies.

BMGP News:

March 2 - Biomagnetics Announces Integrated Optical Biosensor Delivery Timetable

Company on Accelerated Timetable for Summer 2010 Delivery of Handheld Optical Sensor for Tuberculosis and Cholera Detection with Malaria Detection Capability to Follow

Biomagnetics Diagnostics Corp. (OTC: BMGP) a developer of revolutionary diagnostic systems and technology for HIV, hepatitis, tuberculosis and malaria detection, today announced its accelerated timetable for delivery of the world's first handheld, integrated optical biosensor. Through joint development efforts with its world-class research laboratory and engineering partners, Biomagnetics Diagnostics now plans to deliver a fully functioning, handheld diagnostic device capable of tuberculosis and cholera detection during the summer of 2010.

Biomagnetics will be working directly with its research laboratory partner to develop an additional bench top prototype unit that will be used as a platform for test cartridge assay development. This bench top prototype should be completed within 90 days of signing of final development contract. Over the subsequent 90 days this prototype will be used at the research laboratory to develop the assays for both tuberculosis and cholera pathogen detection. Biomagnetics currently plans to have fully functioning tuberculosis and cholera pathogen detection capabilities available for commercial sale at the end of this 180-day period.

Over the coming weeks, Biomagnetics management and personnel from the research laboratory partner will be meeting with both the National Tuberculosis Institute and the National Malaria Research Institute units of the Health Ministry of India. The purpose of these meetings is to set up collaborations in development of the malaria specific testing assay and to organize clinical trials for both Tuberculosis and Malaria.

“We are very pleased to announce that we have made significant progress toward organizing our research, engineering and clinical trial partnerships in order to accelerate the timeframe for delivery of the world's first commercially available integrated optical biosensor,” commented Clayton Hardman, CEO of Biomagnetics Diagnostics, Corp. “We believe the availability of this type of diagnostic tool will be instrumental in significantly lowering the costs associated with malaria, tuberculosis, cholera, and HIV/AIDS detection. With this device, personnel with only minimal amounts of training will be able to screen patients in the field for a variety of diseases. Whereas currently available diagnostics technologies and techniques often take days or weeks to produce results, integrated optical biosensors used in the field will be able to deliver results of similar or superior quality in a matter of only minutes and at only a fraction of the current cost.”

Concurrent with the above developmental efforts, Biomagnetics will be working directly with its engineering partner to fully develop the handheld integrated optical biosensor units. This developmental effort is also expected to be completed within 180 days.

Mr. Hardman continued, “While the most important aspect of our developmental and commercialization effort is to save lives and alleviate some of the suffering that takes place among those afflicted with malaria, tuberculosis, HIV/AIDS, and cholera, we wish to meet these objectives while still offering our shareholders significant returns on their invested capital. We believe a fully functioning, simple to use, field deployable, integrated optical biosensor device capable of very rapid and low cost detection of these pathogens and diseases is worth a significant amount to our shareholders. Therefore, we strongly believe our shares are significantly undervalued relative to the strong advancements we have made over the past few months with our research laboratory partner and the very real prospect of delivery of such a revolutionary device over the next 180 day period.”

The Company recently announced it had finalized a “Patent License Agreement with Los Alamos National Security.” Under the agreement, Biomagnetics will have access to the Triggered Optical Biosensor and Integrated Optical Biosensor System (IBOS) technology developed at Los Alamos National Laboratory.

FEATURED COMPANY

FLEET MANAGEMENT SOLUTIONS INCORPORATED (OTC: FLMG)

Detailed Quote: www.otcpicks.com/quotes/FLMG.php

Company Profile: http://www.otcpicks.com/fleet-management-solutions/fleet-management-solutions.htm

Based in Athens, Greece, Fleet Management Solutions (FMS) currently owns and operates 3 commercial locations with 26 full time employees. FMS provides a number of fleet management solutions in the automotive sector throughout the country and various parts of the Balkans. The Company was formed as a result of a merger between ABR Bosch Car Services, which was founded in 1992, and EDC Hellas S.A., which was founded in 1998 by EDC Holdings. By combining decades of experience, FMS was formed and is focused on providing fleet management services and solutions in the automotive aftermarket. The Company is focused on utilizing its vast automotive industry experience and its "state of the art" technologies to provide the very best turnkey services and solutions while significantly reducing costs for its client companies. FMS provides numerous comprehensive fleet management solutions such as online fleet management, maintenance programs, 24 hour roadside assistance, fuel management programs, insurance programs, license and title services, telematics and acquisition and lease buyout programs, and re-marketing of used vehicles. FMS utilizes authorized dealership networks and the BOSCH Car Service Network with 120 service locations in Greece.

FLMG News:

February 24 - FMS Client Triples Initial Contract

Fleet Management Solutions Inc. (OTC: FLMG) ("FMS" or "the Company") announced that one of its client companies, ATE Rent S.A. of Athens, Greece, which specializes in the operation of leasing passenger cars, has increased the size of its initial contract with FMS by over 200% in just over 5 months.

The initial contract between FMS and ATE Rent S.A., a Greece-based financial institution, was signed in August 2009 for the after sales servicing and management of its fleet of 225 vehicles. Following the success of the initial contract, ATE Rent S.A. has amended the contract to include an additional 452 leased vehicles for a total fleet of 677.

As part of the agreement, FMS provides full management of the fleet including accident and breakdown repairs, the provision of replacement vehicles, and regular and scheduled maintenance. The total value of the contract is expected to exceed US$800,000.

CEO Mr. Alexandris stated, "We are very pleased with this new contract. It is our way of showing our shareholders and partners that we are moving in the right direction."

FEATURED COMPANY

PROVISION HOLDING INCORPORATED (OTCBB: PVHO)

Detailed Quote: http://www.otcpicks.com/quotes/PVHO.php

Company Profile: http://www.otcpicks.com/provision-holding/provision-holding.htm

Provision Holding, Inc. focuses on the development and distribution of three-dimensional (3D) holographic interactive display systems used primarily for advertising and product merchandising markets in the United States and internationally. The company offers its systems for application in advertising and retail networking systems; electronic transaction terminals; virtual store kiosks; and trade show, and indoor and outdoor visual display units. It also focuses on offering advertising on a media network of its 3D holographic video displays. The company is based in Chatsworth, California.

PVHO News:

February 18 - Provision Interactive Names Ping Mobile to Provide Interactive Mobile Marketing Campaigns

Provision Interactive Technologies, Inc. ("Provision"), a subsidiary of Provision Holding, Inc. (OTCBB: PVHO), a provider of 3D interactive display software and hardware, announced today that it has partnered with Ping Mobile to add a mobile marketing component to its displays. The partnership will allow Provision's 3D Media Center platform to function as an integrated point-of-sale solution in malls, airports and other public locations.

"Mobile marketing serves as both an acquisition and retention tool for retailers and brands," said Curt Thornton, CEO of Provision. "By adding a mobile marketing capability to our 3D holographic displays, we are able to offer our clients a leading-edge technology that will directly result in location-based sales."

Ping Mobile president Shira Simmonds describes how the mix of Provision's 3D Media Centers and mobile marketing benefits brick-and-mortar retailers.

"When consumers respond to a call-to-action in a mall, airport, stadium or other public venue, they can retrieve discount coupons, tickets, vouchers and other printed items from Provision's 3D Media Centers. They can then redeem those offers with the participating on-site retailers. It's one of the most effective uses of mobile marketing, as it reaches consumers in real time, while they're out and about in immediate proximity to the retailer."

Provision's 3D holographic display systems represent a revolutionary technology that provides the projection of full color, high-resolution videos into space, detached from the screen, without any special glasses. Provision is currently the market leader in true 3D consumer advertising display products being implemented by innovative, consumer-focused Fortune 1000 companies.

Ping Mobile provides a complete range of mobile marketing services, including SMS, MMS, IVR, WAP applications and Bluetooth. With an industry-leading focus on consultancy, reporting, data analysis and client services packages, Ping is the mobile marketing agency of choice for clients that have included Warner Brothers, Ford Motor Company, Days Inn, Disney's Soap Channel, Kentucky Fried Chicken, Arby's, Pizza Hut and Hawaiian Airlines.

ABOUT PROVISION INTERACTIVE TECHNOLOGIES, INC.

Provision Interactive Technologies, Inc., a subsidiary of the publicly traded company Provision Holding, Inc. (OTCBB: PVHO), is the leading purveyor of intelligent interactive 3D holographic display technologies, software, and integrated solutions for both commercial and consumer focused applications.

Provision's 3D holographic display systems represent a revolutionary technology that provides the projection of full color, high resolution videos into space detached from the screen, without any special glasses. Provision is currently the market leader in true 3D consumer advertising display products being implemented by innovative, consumer-focused Fortune 1000 companies.

STOCKS TO WATCH

PARAFIN CORPORATION (OTC: PFNO)
"Up 31.58% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/PFNO.php

ParaFin Corporation, a development stage company, engages in the acquisition and exploration of oil and gas properties. The company executed a farmout agreement to acquire the development rights to hydrocarbon concessions in the Republic of Paraguay. These concessions consist of 2,456,453 hectares (approximately 6,069,994 acres) in the Alto Parana Block, Alto Parana Province, the Republic of Paraguay. The company was founded in 1978 and is based in Reno, Nevada.

PFNO News:

March 11 - ParaFin Issuance of Preferred Shares Paid for With Bearer Bonds

The Directors of ParaFin Corp. (OTC: PFNO), in response to multiple inquiries from shareholders and potential shareholders, felt compelled to put out a statement on the company's Bearer Bond holdings.

On January 27, 2010, ParaFin Corporation released an annual report reflecting an asset of US$3.63 billion represented by 2,400 Bearer Bonds issued June 16, 2000 dated for redemption on June 16, 2010. The 2,400 Euro Bearer Bonds were issued by a major European Bank, have a face value of 1,000,000 Euros each and have accumulated interest at 5.5% from the issuance date.

Bearer Bonds of this denomination and amount are typically reserved solely for and held only by banks and large financial institutions. After the original issuance, these Bonds were acquired by and delivered to a single individual. In an effort to promptly liquidate the assets of this individual's estate, the Trustee of the individual's estate negotiated the Agreement with ParaFin.

To finance the Exploration and Exploitation of the 6.06 million Acre Hydrocarbon Farm-out Agreement in the Republic of Paraguay, ParaFin Corporation was in the process of selling an issue of Preferred Shares. The Subscription Agreement negotiated by ParaFin with the Trustee for the sale of the Preferred Shares allowed the Trustee to pay ParaFin Corporation US$3.63 billion by the delivery to ParaFin of 2,400 Bearer Bonds issued June 16, 2000 dated for redemption on June 16, 2010. Under the Agreement, ParaFin is entitled to 100% of the accumulated interest owed to date.

The Preferred shares issued by ParaFin have a legend printed on the face of the Certificate stating they are "Redeemable, Retractable on Demand Non-Voting Shares Issue Price US$1,000,000 per Share... secured only by funds from the sale or redemption of the 2,400 5.5% Euro Bearer Bonds."

ParaFin retained expert Forensic Document Examiners and has done substantial due diligence regarding the Bonds over the past two years. ParaFin is now working with private consultants who are in the process of setting meetings with the top executives at the issuing Bank in order to negotiate the redemption of the bonds. Legal opinions received by ParaFin confirmed that whoever is in possession of the Bonds in hand has the right to redemption.

DEL GLOBAL TECHNOLOGIES CORPORATION (OTCBB: DGTC)
"Up 28.33% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/DGTC.php

Del Global Technologies Corp. is primarily engaged in the design, manufacture and marketing of high performance diagnostic imaging systems for medical, dental and veterinary applications through the Del Medical Systems Group. Through its Milan, Italy based Villa Sistemi Medicali S.p.A. subsidiary the Company offers a broad portfolio of general radiographic, radiographic/fluoroscopic, portable x-ray and digital radiographic systems to the global marketplace. Through its RFI subsidiary, Del Global manufactures proprietary high-voltage power conversion subsystems including electronic filters, high voltage capacitors, pulse modulators, transformers and reactors, and a variety of other products designed for industrial, medical, military and other commercial applications.

DGTC News:

March 11 - Del Global Technologies Reports Fiscal 2010 Second Quarter Financial Results

Del Global Technologies Corp. (OTCBB: DGTC) (“Del Global” or “the Company”) announced financial results for its fiscal 2010 second quarter and six months ended January 30, 2010.

Highlights

* FY 2010 second quarter sales from continuing operations were $18.1 million, up 15% from the prior year period.
* FY 2010 second quarter net income from continuing operations improved to $1.2 million, or $ .05 per share.
* Del Medical Imaging business was sold on November 24, 2009.

John J. Quicke, Del Global’s President and Chief Executive Officer, commented “In spite of a continuing sluggish economy, we are pleased with the sales and earnings for the quarter from our Medical and Power businesses. Both of these businesses continue to pursue operating improvements through lean manufacturing initiatives. In addition, our effort to complete the transition of the Del Medical business to a new owner and wind down our investment is proceeding better than we planned. We remain cautious about the international economic recovery and its impact on our Medical business.”

FY 2010 2nd QUARTER FINANCIAL RESULTS

Consolidated net sales of $18.1 million for the second quarter of fiscal 2010 reflect an increase of $2.4 million or 15.1% from fiscal 2009 second quarter net sales of $15.7 million due to increased sales in our Medical Systems Group in fiscal 2010. The Medical Systems Group’s second quarter fiscal 2010 sales of $14.9 million were $2.5 million or 19.6% higher than the prior year’s second quarter with increases primarily due to increased international customer orders. Sales at the Power Conversion Group during the second quarter of fiscal 2010 were $3.1 million, comparable to sales in the prior year period.

Consolidated gross margin as a percent of sales was 26.8% for the second quarter of fiscal 2010, compared to 28.0% in the second quarter of fiscal 2009. For the Medical Systems Group, the gross margin of 24.6% in the second quarter of fiscal 2010 was lower than the gross margin of 25.5% in the second quarter of fiscal 2009 and the Power Conversion Group’s gross margin for the second quarter of fiscal 2010 was 37.4%, versus 38.0% in the prior year second quarter, reflecting changes in the product mix for the period.

Total operating expenses decreased $2.5 million to $2.9 million in the second quarter of fiscal 2010 from $5.4 million for the same period in the prior fiscal year. This decrease was primarily due to a $2.5 million litigation settlement for a legal settlement with a former employee during the second quarter of fiscal 2009. Research and development expenses in the second quarter of fiscal 2010 of $0.5 million were comparable to the same period in the prior year.

The total operating income for the second quarter of fiscal 2010 was $2.0 million compared to an operating loss of $1.0 million in the comparable prior year period. Operating income at the Medical Systems Group for the second quarter of fiscal 2010 was $1.6 million compared with operating income of $1.2 million in the same period of the prior year. The Power Conversion Group generated operating income of $0.5 million in the second quarter of fiscal 2010, a decrease over the comparable prior year period of $0.6 million. Unallocated corporate expenses for the second quarter of fiscal 2010 totaled $0.2 million compared to $2.8 million in the comparable period in the prior year. Fiscal 2009 unallocated corporate expenses included $2.5 million in litigation settlement costs.

For the second quarter of fiscal 2010, consolidated net income was $1.2 million or $0.05 per diluted share, compared to a net loss of $1.8 million, or $0.08, in the second quarter of fiscal 2009.

DISCONTINUED OPERATIONS

On November 24, 2009, the Company consummated the sale of certain assets and product lines of its Del Medical Imaging Corp. wholly-owned subsidiary (“DMI”), to an affiliate of U.M.G. Inc. (“UMG” or “Acquiror”). This business represented the US imaging business and was part of the Company’s Medical Systems Group. This decision does not include or impact the operations of the Company’s Villa subsidiary, which will make up the whole of the Medical Systems Group going forward.

Pursuant to the agreement, the Acquiror (i) assumed all of the Company’s and DMI’s post-closing obligations in connection with the Company’s lease of its facilities in Roselle, Illinois, (the Company remains secondarily liable on the lease obligation), (ii) accepted DMI’s inventory related to the DMI business on a consignment basis, (iii) hired select DMI employees, (iv) indemnified the Company for potential employee severance obligations and (v) assumed other liabilities of the business, including outstanding warranty obligations.

The discontinued operations results in the second quarter of fiscal 2010 reflects a $0.3 million loss from operations on sales of $1.9 million and $0.3 million favorable adjustment to the amount expected to be realized from the assets sold. The discontinued operations in the second quarter of fiscal 2009 reported a net loss from operations of $0.1 million on sales of $9.1 million.

BACKLOG

The consolidated backlog at January 31, 2010 was $12.3 million compared to the backlog at August 1, 2009 of approximately $10.6 million. The Medical System segment’s backlog was approximately the same as at August 1, 2009. The backlog in the Power Conversion Group of $6.2 million reflects an increase of $1.7 million from levels at the beginning of the fiscal year. Customer quote activity for the Power business has been very strong. Substantially all of the backlog should result in shipments within the next 12 to 15 months.

FINANCIAL CONDITION

Del Global’s balance sheet at January 30, 2010 reflected working capital of $19.8 million, which included $5.9 million of cash and cash equivalents. In the aggregate, Del Global had approximately $11.5 million of borrowing availability under its Italian revolving credit facilities. The Company’s net cash (cash and equivalents net of debt) was $2.6 million at January 30, 2010, compared to net debt (debt net of cash and equivalents) of $3.5 million at August 1, 2009.

WASHINGTON MUTUAL INCORPORATED (OTC: WAMUQ)
"Up 3.92% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/WAMUQ.php

Washington Mutual, Inc., together with its subsidiaries, operates as a consumer and small business banking company in the United States. It operates in four segments: Retail Banking Group, Card Services Group, Commercial Group, and Home Loans Group. The Retail Banking Group segment offers deposit and other retail banking products and services, which include checking and interest-bearing checking, personal checking, savings, money market deposit, and time deposit accounts to consumers and small businesses; loan products comprising home loans, home equity loans, home equity lines of credit, and mortgage loans; and investment advisory and brokerage services. The Card Services Group segment’s operations consist of issuing credit cards, holding outstanding balances on credit cards in portfolio or securitizing and selling them, servicing credit card accounts, and providing other cardholder services. The Commercial Group segment provides finance to developers and investors for multi family dwellings and other commercial properties, services multi family and other commercial real estate loans, and provides limited deposit services to commercial customers. The Home Loans Group segment originates, fulfills, and services home loans, and home equity loans and lines of credit; manages capital market operations; and holds the company’s held for investment portfolios of home loans, home equity loans, and home equity lines of credit made to higher risk borrowers through the subprime mortgage channel. As of December 31, 2007, the company operated 2,257 retail banking stores and 233 lending stores and centers in 36 states. Washington Mutual, Inc. was founded in 1889 and is headquartered in Seattle, Washington. On September 26, 2008, Washington Mutual Inc. filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware.

WAMUQ News:

March 4 - Reuters Reports Wamu May Reach Deal Soon on $3.7 Billion Deposit

“Washington Mutual Inc. (OTC: WAMUQ) could reach agreement with JPMorgan Chase & Co and a government agency over a disputed $3.7 billion bank deposit in the next week the bankrupt company's attorney told a court on Thursday,” Reuters reports. The entire story can be viewed at http://bit.ly/akp49O.

SAVI MEDIA GROUP INCORPORATED (OTC: SVMI)
"Up 28.44% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/SVMI.php

SaVi Automotive, Inc., a division of Savi Media Group, creates and commercializes the world’s best blow-by gas and crankcase engine emission reduction technology. We have created the World’s first truly simple gasoline and diesel engine emission reduction technology and it allows us to provide our clients a lower-cost and more effective and efficient emission reduction and engine efficiency (leading to better mileage and lifespan) solutions.

SVMI News:

March 3 - DynoValve Distributor Roster Grows, Other Objectives Met

Savi Media Group (OTC: SVMI) announces an expanding network of Distributors nationwide and other noteworthy developments.

The company is negotiating with installers, distributors, fleet managers and distribution centers in multiple states, including key markets in California, New York, Texas, Ohio, Florida and other states to join the DynoValve team.

Successful emission reduction and fuel savings testing on additional vehicles has also been completed, including priority target vehicle models, where mileage increase in range from 7.5 and up to 50%. Jeep, Ford, Lincoln and Hummer were successfully tested, as was testing on a Ford F-700 Dump Truck, which had a substantial mileage increase from 5 mpg to 7.5 mpg, or 50%. To view the vehicles test results, visit www.savimediagroup.com/news/testing.htm.

"These two developments not only increase the number of our successful DynoValve testing capabilities and target toward our core vehicle markets, but will greatly enhance our visibility, flexibility and reach in key automotive markets around the country," stated Savi Media Group Founder/CEO Serge Monros.

In addition to earlier news of the Ford Transit Connect's role in overall company mobile strategy for use in sales, mobile installations and appearances at Trade shows, the Ford Transit Connect is now fully operational, outfitted with internet, and multi-media capabilities, and stocked with tools from Matco Tools. To view the Tools/Teams, visit www.savimediagroup.com/news/vehicle.htm.

A series of 30-second DynoValve commercials are slated to air on Time-Warner Cable in areas of Orange County, California during the second week of March on CNN, FOX Business News, Discovery and History Channels. The schedule and map of the areas to be broadcasted will be accessible in a few days of the show times. The company is also in the process of negotiating with COX Cable to air a DynoValve commercial in Las Vegas, Nevada.

"Establishing DynoValve as a brand is very important as we push forward onto the national stage," said Monros. "This is the first step of implementing a promotional and advertising strategy to accomplish just that."

EASTBRIDGE INVESTMENT GROUP CORPORATION (OTCBB: EBIG)
"Up 4.41% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/EBIG.php

EastBridge Investment Group focuses on small to medium-size high-growth companies in China and India offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in electronics, real estate, auto, metal, energy, environmental, bio science and food retail distribution.

EBIG News:

March 12 - EastBridge Investment Group's Client, Wonder Education Group, Signs Agreement for $10 Million Capital Raise

EastBridge Investment Group (OTCBB: EBIG) announced that its client, Wonder Education Group, has successfully entered into a funding agreement with a leading investment banking firm in New York to raise up to $10,000,000.

Mr. ChunGui Xie, Chairman of Wonder, commented, "We are thankful for all the work EastBridge's management has done for us in New York during this road show. Now that National Securities has become our placement agent for our capital raise, we will soon obtain the additional capital to speed the growth of our business."

EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in electronics, real estate, auto, metal, energy, environmental, bioscience and food retail distribution.

XTEND MEDICAL CORPORATION (OTC: XMDC)
"Up 16.22% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/XMDC.php

XTend Medical is a company that specializes in the manufacturing and distribution of the latest in telemedicine and telehealth solutions for the healthcare industry. Their dedication to insuring the products and services offered to healthcare organizations, third-world countries, and physician groups are at the forefront of medical technology. Their continued efforts in identifying global companies with true product potential in the healthcare industry puts them in an advantageous position to capitalize on a global basis.

XMDC News:

March 10 - XTend Medical Corporation Files Complaint to Secure Assets of the BioHarp From U & I Bio-Tech Korea and California and Mr. Sam Lee

XTend Medical (OTC: XMDC), a company that specializes in delivering life-changing medical technology to healthcare organizations globally, announced that the company has filed legal action against U & I Bio-Tech, Korea and California, as well as Mr. Sam Lee personally, for their failure to deliver all BioHarp-related assets acquired pursuant to the Asset Purchase Agreement signed on December 8, 2009. The case, captioned as XTend Medical Corp. v. Lee, was filed on Monday, March 8, 2010 and is pending in the United States District Court for the Central District of California as Case No, 2:10-CV-01681 DMG (JEMx).

The company released the following statement regarding this matter: "Unfortunately, XTend Medical Corporation has been forced to file a complaint against Mr. Sam Lee, U & I Bio-Tech, Korea, and U & I Bio-Tech, California for non-delivery of the BioHarp assets, as well as numerous actions and inaction that have caused the company significant injury. XTend has engaged Knobbe, Martens, Olson, and Bear, LLP, an intellectual property law firm, to handle our litigation."

On December 8th, 2009, XTend Medical signed an Asset Purchase Agreement with U & I Bio-Tech, Korea, U & I Bio-Tech, California, and Mr. Sam Lee to acquire the entire BioHarp assets to include all patents, software, hardware, intellectual property, marketing materials, and, in effect, everything that has to do with the BioHarp medical device. The company paid for the assets in an all stock purchase in the amount of 541,853,832 common shares of which 80% came from personal holdings of current management. Since that time, Mr. Lee has failed to deliver all of the assets outlined in the APA, and he has severely hampered XTend Medical in moving its business model forward. On numerous occasions, XTend's corporate counsel, Mr. Carl Duncan, has sent demand letters to Mr. Lee through his counsel, requesting delivery of the entire BioHarp assets, including proper working models, marketing materials, manufacturing progress, and all other pertinent information so XTend can begin the sales and marketing process of the BioHarp globally. These demand letters have been ignored by Mr. Lee for the most part. While Mr. Lee did provide a portion of the assets, he has materially failed to deliver the entire assets, including assigning the intellectual property to the company, as he promised to do in the APA. The company has tried now for over 90 days to resolve this matter amicably, but Mr. Lee has not fulfilled his obligations. Therefore, XTend has filed this Complaint in order to achieve full compliance with the asset delivery and to insure that it takes appropriate steps to protect shareholders and to secure the future of the company.

Company management wishes to inform its shareholders that it was advised by the company's corporate and securities counsel to remain silent while multiple attempts (ultimately unsuccessful) were made to secure the BioHarp assets from Mr. Lee and U & I, Korea and California. This silence may have caused shareholders to question the viability of the company. In any event, these developments have caused the company to be in a holding pattern. Notwithstanding this development, the company is continuing to move forward. Management believes it now has possession of the schematics necessary to manufacture the device and to recreate the operating software. The company has received several older, non-working versions of the BioHarp that can assist in the molding and further development of the BioHarp. Management will begin to work with qualified engineers, both hardware and software, so it can improve the device and software in order to reach the full potential of the BioHarp business model.

The company's current goal is to identify a manufacturing partner, presumably in the U.S. and hopefully with an established medical device manufacturing company that can expedite a newer, improved device that it can bring BioHarp to market as soon as possible. Marketing materials, the website, and sales literature will now have to be recreated from scratch. While this is a setback in the company's current timeline, management is determined to make the BioHarp business model succeed and to bring to market a more robust device that can clearly assist the medical community in diagnosing harmful diseases. Management believes these events will not stand in the way of the company's progress, and it will overcome the present adversity and make XTend Medical a powerhouse in the medical community.

Mr. Paul D. Lisenby, CEO of XTend Medical, released the following statement, "Regrettably, the company has been forced into a situation where my duties as CEO have been relegated to insure the assets purchased on December 8, 2009 are fully delivered into the company's possession and control as per our Asset Purchase Agreement signed and agreed upon by all parties involved. My resolve to insure the company moves forward has never wavered. While these events have been hard on Mr. Friedman and me, we will not rest until the BioHarp is in the marketplace and functioning the way we know this device can. It is Mr. Friedman's and my view that the company will endure, and our loyal shareholders will be proud to be a part of something that will change the landscape of medical diagnosis in the healthcare arena. We are progressing as fast as possible given the non-action by the other parties and we will expedite as humanly possible the development of the BioHarp and gain sales as soon as feasible given the current circumstances. We will continue to update our shareholders as our progress continues."