VTMS, ECOB, LUXE, MNDP, VGPR
SOMX, GORX, HPNN, GDHI, MMUH, ARSC
Our Stocks to Watch today include VitaminSpice (OTCBB: VTMS), EcoBlu Products Inc. (OTCBB: ECOB), Lux Energy Corp. (OTCBB: LUXE), Mundus Group Inc. (OTC: MNDP), Vega Promotional Systems Inc. (OTC: VGPR), Somaxon Pharmaceuticals Inc. (Nasdaq: SOMX), GeoPharma Inc. (Nasdaq: GORX), Hop-on Inc. (OTC: HPNN), Golden Dragon Holdings Inc. (OTC: GDHI), Mobile Media Unlimited Holdings Inc. (OTC: MMUH), American Security Resources Corp. (OTC: ARSC).

FEATURED
COMPANY

VITAMINSPICE (OTCBB: VTMS)
"Up 10.87% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/VTMS.php
Company
Profile: http://www.otcpicks.com/vitaminspice.htm
VitaminSpice is uniquely positioned between the $100 billion health food/vitamin supplement industry and the multi-trillion-dollar traditional food industry. A pioneer in the emerging foodceutical industry, VitaminSpice sells vitamin- mineral- and antioxidant-infused spices and food products. Their offerings currently include Crushed Red Pepper, Ground Black Pepper, Sea Salt, Italian Seasoning, Ground Cinnamon and Granulated Garlic. A proprietary micro-encapsulation process keeps the vitamin properties locked inside, even when heated, allowing the food products to retain its full flavor.
VTMS News:
January 19 -
Market Advisors Research Provides Favorable Report on VitaminSpice and Predicts Potentially Much Higher Valuation
VitaminSpice (OTCBB: VTMS) (German WKN: A0YCND) (www.VitaminSpice.net) announced that Market Advisors Research has begun coverage of VitaminSpice with a very favorable report and predicts a potential rise in the valuation of the shares to $1.25 based on the continuing developments of the Company's fundamentals. To review the report, click on the following link:
www.stockreportcard.com/article.php?id=152.
The editors of Market Advisors have tremendous credentials including, but not limited to, being rated numerous times by The Wall Street Journal, Hulbert Financial Digest and the Timer Digest, among others, as one of the best market timers, top bond timers and having one of the nation's best model portfolios.
Mr. Bukstel, President and CEO of VitaminSpice, Inc. stated, "We at VitaminSpice are pleased that a research firm such as Market Advisors has taken a strong and positive opinion of our organization. To know that respected individuals in the investment community continue to monitor our development and are willing to confirm their beliefs on the future of our organization is truly exciting."
In its report, Market Advisors made reference to several key factors including the addition to VitaminSpice's team of a true icon in the retail industry, Bill Fields, former CEO of Walmart Stores; VitaminSpice being rated as one of the top tasting spices in America by Masters of Taste; and the recent agreement with Amdistco for co-branding Iron Chef, as reasons for its favorable outlook on VitaminSpice.
FEATURED
COMPANY

ECOBLU PRODUCTS INCORPORATED (OTCBB: ECOB)
"Up 4.69% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/ECOB.php
Company
Profile: http://www.otcpicks.com/ecoblu-products.htm
EcoBlu Products, Inc. is a manufacturer of proprietary wood products coated with an eco-friendly chemistry that protects against mold, fungus, rot-decay, wood ingesting insects, termites and fire with EcoBlu's FRC™ technology (Fire Retardant Coating). EcoBlu products utilizing BLUWOOD™ and FRC™ technology is the ultimate in wood protection, preservation, and fire safety to building components constructed of wood; from joists, beams and paneling, to floors and ceilings. The Company is committed to the development, marketing and sales of environmentally-responsible building materials. EcoBlu products are ready to deliver the winning edge to builders and the environment with its sustainable green product line.
ECOB
News:
January 20 -
EcoBlu Products to Exhibit at the International Builder's Show
EcoBlu Products, Inc. (OTCBB: ECOB) announced that it will be exhibiting at the upcoming 2010 International Builder's Show being held in Las Vegas, NV on January 19-22.
The International Builder's Show (IBS) is the largest annual building industry tradeshow in the country and the largest annual light construction show in the world. IBS will feature all of the latest and most advanced building products and services in over 300 building industry categories. IBS also offers more than 175 education seminars taught by industry experts. The official attendance of the 2009 International Builder's Show was 61,202.
"We are very excited to be exhibiting at this year's International Builder's Show," said Steve Conboy, President and CEO of EcoBlu Products. "IBS is attended by building industry professionals from all over the world, which gives us a tremendous opportunity to spread the word about EcoBlu Products and our sustainable green building product line," added Conboy.
Also attending the IBS show with EcoBlu Products will be Joel Gardner, President of Megola, Inc. (OTCBB: MGON) developer of AF21 fire retardant and partner with EcoBlu.
The EcoBlu Products booth is number N2174 in the Las Vegas Convention Center.
Visit us on YouTube at www.youtube.com/ecobluproducts.
FEATURED
COMPANY

LUX ENERGY CORPORATION (OTCBB: LUXE)
Detailed
Quote: http://www.otcpicks.com/quotes/LUXE.php
Company
Profile: http://www.otcpicks.com/lux-energy-corp/lux-energy-corp.htm
Lux Energy Corp. is an oil and gas production and exploration company focusing on developing oil and gas resources in North America. Further information and news releases are available at www.luxenergycorp.com.
LUXE
News:
January 14 -
Lux Energy Corp. Acquires Additional Positions in West Central Alberta Project
Lux Energy Corp. (OTCBB: LUXE) (the "Company") has recently acquired an added working interest in the Barrhead production reservoirs located in West Central Alberta. These reservoir locations were initially explored and developed as natural gas plays. The most recent development well drilled for its' natural gas potential encountered a oil reservoir. The operator has advised that this oil zone is flowing at 40 barrels of high gravity crude per day including the gas cap which is producing at 320 mcf.
Shane Broesky, President, reiterated comments from the operator stating that this was an unexpected result whereby this well is capable of producing at these rates and that the structure has not been stimulated. He continues to mention that this oil zone may very well extend to adjacent drilling targets. Well logs and further testing will give us an abundance of geological information to exploit this discovery.
Broesky further comments that this discovery event is most opportunistic. "Lux Energy will pursue participation to our maximum capacities. Indications are that a 10 well program is now contemplated. Lux is also in pursuit of a oil and gas project in Northern B.C. Financing arrangements for this endeavor are in process."
A copy of the filed information can be found for viewing by electronic means by viewing the Company's filings on www.sec.gov.
FEATURED
COMPANY

MUNDUS GROUP INCORPORATED (OTC: MNDP)
Detailed
Quote: http://www.otcpicks.com/quotes/MNDP.php
Company
Profile: http://www.otcpicks.com/mundus-group.htm
The Mundus Group, Inc. is an advanced aerospace technology consortium providing patented Vertical Take Off and Landing (VTOL) technology for experimental aircraft and Unmanned Air Vehicles (UAV) since 1990 through its fully owned VTOL division, Roadable Aircraft International (RAI). Mundus is at the cutting edge of jet turbine-ducted fan technology and fuses state of the art design engineering and a prototyping facility with computer assisted auto flight technologies, Remote Controlled (RC) and composite technologies industry segments. From US Navy co-developed UAVs for aerial observation and environmental testing to advanced VTOL aerospace technology for civilian and military uses, Mundus Group, Inc. is developing revolutionary products with global potential for change that offers economic protection and growth opportunities for investors.
MNDP News:
January 20 -
Mundus Group, Inc. Announces that Its Subsidiary, AirStar International and Its Technology Partner, Flint Hills Solutions, Have Been Successful in Obtaining a Certificate of Authorization from the Federal Aviation Administration for Operations in the National Air Space (NAS) at Crisis City, Kansas
The Federal Aviation Administration has issued a Certificate of Authorization (COA) for the FH 500 UAV which is operated and built by Flint Hills Solutions, LLC. of Augusta, KS. AirStar, a subsidiary of Mundus Group, Inc. (OTC: MNDP), is a major contributor to the FH 500 UAV production as the FH 500 is built on one of AirStar's gas helicopter platforms. The COA allows for safe operations at Crisis City, an emergency response training area in the NAS located in Kansas.
Flint Hills Solutions uses AirStar International's state of the art gas RC helicopters as the platform to host FHS's UAS technology for autonomous navigation. In addition to integrating an autopilot system onto AirStar's helicopters, fully stabilized gimbal cameras and video transmitters are also integrated allowing for remote live video feeds to emergency responders. The ability to fly the FH 500 UAV over Crisis City allows it to be integrated into extensive training conducted there for search and rescue operations. Training includes hovering over simulated disaster sites such as rubble piles and transmitting geo-referenced video to the emergency response team on the ground. Roger Powers, founder and CEO of Flint Hills Solutions said, "The COA is a huge step in opening up the market for the utilization of AirStar platforms and FHSs UAVs in Emergency Response scenarios. The fact that the FAA has granted us this COA is proof that AirStar's helicopters are a solid addition to our autonomous UAV systems by providing a reliable, safe, and long endurance platform for our systems." Having successfully received a COA, Flint Hills Solutions and expects to be able to obtain an Emergency COA allowing them to fly in different locations across the state or U.S., including tornado disaster sites within a matter of hours.
ABOUT AIRSTAR INTERNATIONAL, INCORPORATED
AirStar, has been an innovator and world leader in Unmanned Air Vehicles and Remote Controlled Vertical Take Off and Landing technology for the past 20 years in the design, engineering, development, production and sales of cutting edge remote controlled (RC) unmanned air vehicles (UAVs) for US military, international government and civilian surveillance services, fire and rescue departments as well as world renowned aerial cinematography for movie and commercial production, aerial photography and laboratory / product data testing.
ABOUT FLINT HILLS SOLUTIONS, LLC
Flint Hills Solutions is an advanced technology and services company with emphasis on the Unmanned Air Systems (UAS) market. With a deep knowledge of the FAA requirements that will drive the development and certification of the UAS aircraft systems and payloads, Flint Hills Solutions is a strong partner to many Original Equipment Manufacturers of Unmanned Systems that have the need to move their products and solutions to the National Air Space. In addition, Flint Hills Solutions has a long and successful track record in identifying high readiness level technologies and rapidly developing solutions to integrate these technologies into UAS applications for Defense, Homeland Security, Commercial, as well as State and Local customers.
FEATURED
COMPANY

VEGA PROMOTIONAL SYSTEMS INCORPORATED (OTC: VGPR)
Detailed
Quote: http://www.otcpicks.com/quotes/VGPR.php
Company
Profile: http://www.otcpicks.com/Newsletter/VGPR_eProfile_110909.html
Vega Biofuels, Inc. (VGPR) was formed to pursue the production and sale of biofuel products throughout the world. With the growing need for clean energy, and the uncertain costs of fossil fuels, power generating plants around the world are looking at more useful and economical methods to run their power systems.
VGPR News:
January 13 -
Vega Updates Site to Include Information on Green Valley Project
Vega Promotional Systems, Inc. (OTC: VGPR) announced it has updated its website to include information on The Green Valley Project.
Located in western Indiana, The Green Valley Project is a multifaceted green energy power production facility that converts inexpensive methane gas from the abandoned Green Valley Mine into electricity and thermal energy.
The update includes pictures of the production facility and technical analysis of the methane from the Green Valley Mine.
The methane has been tested and a demonstration project completed, proving the viability of utilizing coal bed methane from the Mine as a sole source fuel to generate electricity from natural gas reciprocating engine generator sets.
The Company will release additional details on The Green Valley Project as the project moves forward.
STOCKS
TO WATCH
SOMAXON PHARMACEUTICALS INCORPORATED (NASDAQ: SOMX)
"Up 113.64% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/SOMX.php
Headquartered in San Diego, CA, Somaxon Pharmaceuticals, Inc. is a specialty pharmaceutical company focused on the in-licensing and development of proprietary product candidates for the treatment of diseases and disorders in the fields of psychiatry and neurology. A New Drug Application (NDA) for Silenor® (doxepin), Somaxon’s drug candidate for insomnia, has been filed with the U.S. Food and Drug Administration and currently is under review.
SOMX News:
January 21 -
Somaxon Provides Update on New Drug Application for Silenor® for the Treatment of Insomnia
Resubmission has been filed, with 2 month review cycle
Somaxon Pharmaceuticals, Inc. (Nasdaq: SOMX), a specialty pharmaceutical company focused on the in-licensing, development and commercialization of proprietary branded pharmaceutical products and late-stage product candidates for the treatment of diseases and disorders in the central nervous system therapeutic area, today provided an update on the status of its New Drug Application (NDA) for Silenor® (doxepin) for the treatment of insomnia.
Somaxon held a meeting with senior leadership at the U.S. Food and Drug Administration (FDA) on January 20, 2010 to discuss the issues raised by the FDA in the Complete Response Letter Somaxon received in December 2009 relating to the Silenor NDA. The only remaining efficacy issue was related to the robustness of sustained subjective sleep maintenance efficacy in non-elderly adults with primary insomnia. In the meeting, the FDA and the company discussed this issue, and the agency instructed Somaxon to resubmit the contents of its January 20, 2010 pre-meeting briefing package to the FDA. The agency acknowledged that this resubmission would be considered a complete response to the Complete Response Letter Somaxon received in December. The FDA also agreed that this would be considered a Class 1 resubmission with a two-month review cycle. No additional safety or efficacy data was required to be included in the resubmission, and the company filed the resubmission with the FDA on January 21, 2010. As a result, the company anticipates a decision from the FDA by March 21, 2010.
“We believe that the dialogue we had with the FDA was constructive,” said Richard W. Pascoe, Somaxon’s president and chief executive officer. “We intend to continue to work diligently with the FDA during the two-month review cycle toward a potential approval for Silenor.”
In the meeting the FDA also reiterated that a revised Risk Evaluation and Mitigation Strategy (REMS), including a Medication Guide to be distributed with the product, will be required.
ABOUT SILENOR®
Silenor is a low-dose (3 mg, 6 mg) oral tablet formulation of doxepin hydrochloride that is patent protected for use in insomnia. Physicians have prescribed doxepin for more than 35 years for the treatment of depression and anxiety at dosages typically ranging from 75 mg to 300 mg per day. Based upon the controlled clinical trials of Silenor completed by Somaxon, the company believes that Silenor may be well tolerated by patients. In addition, the FDA has indicated that it will recommend that Silenor not be scheduled as a controlled substance.
GEOPHARMA INCORPORATED (NASDAQ: GORX)
"Up 41.44% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/GORX.php
GeoPharma, Inc. is a rapidly growing Bio/Pharma company with a diversified business model participating in Pharmaceuticals, Contract Manufacturing, and Medical devices. The Pharma divisions specialize in the formulation of generic drugs for human and veterinary usage and the development of medical devices used by oncologists and other medical professionals. The Manufacturing division manufactures and packages generic drugs, nutraceuticals, cosmetics, and functional food products for companies worldwide.
GORX News:
December 3 -
GeoPharma Receives Guidance From NASDAQ Regarding Minimum Stockholders' Equity Requirement
GeoPharma, Inc. (Nasdaq: GORX) (the "Company") announced it received a NASDAQ Staff Deficiency Letter on November 25th, 2009 indicating that the Company does not comply with the Minimum Stockholders' Equity requirement for continued listing set forth in NASDAQ Listing Rule 5550(b)(1).
The NASDAQ Listing Rules (the "Rules") require listed securities to maintain a minimum Stockholders' Equity of $2.5 million and, based upon the Company's Stockholders' Equity as of September 30, 2009 as filed in the Company's September 30, 2009 Form 10-Q, the Company did not meet that requirement.
In light of the deficiency, the Rules also provide the Company with 15 calendar days to submit a plan to regain compliance. If the Company's plan is accepted, NASDAQ can grant an extension of up to 105 calendar days from the date of this letter to evidence compliance.
The company understands the NASDAQ requirements and believes it will be able to re-enter compliance of the ruling within the allotted grace period.
HOP-ON INCORPORATED (OTC: HPNN)
"Up 42.86% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/HPNN.php
Hop-on (OTC: HPNN) develops and markets wireless phones and accessories for emerging market and other domestic carriers and is best known for developing the world's first disposable cell phone. Currently, Hop-on is expanding into value-added services, like mobile gambling and SMS wagering. Hop-on's exclusive software will allow users to stream live interactive feed from legal jurisdictions to play poker, blackjack, roulette and baccarat on personal cell phones. For more information, visit www.Hop-on.com.
HPNN News:
January 19 -
FDA Has Green Light for USACIG and Hop-on Electronic Cigarettes Imports
USACIG, Inc. and Hop-on, Inc. (OTC: HPNN) hailed last Thursday's federal judge's ruling saying the Food and Drug Administration must stop interfering with importing electronic cigarettes. The judge also indicated the devices should be regulated as tobacco products, rather than drug or medical devices.
Jay Pignatello, President of USACIG, Inc., stated, "The smoking public is one of the largest marketplaces in the world, and smoking is a social activity. USACIG is coming to market at the best time. It is very simple -- USACIG is an American company. We produce our nicotine with American by-products. With all due respect to products made in China, you don't know what you are going to get. Our product lasts longer and tastes better. My dad smoked and I wish he had a product like this that avoided the side effects of tar in traditional tobacco. We are an American company, delivering an American product, through American intellectual property with American product development expertise. When you use our product, it is like driving a Chevy."
Pignatello continued, "USACIG is committed to being the top supplier of electronic cigarettes in the USA. We believe our product is the safest, best tasting, and least expensive in this marketplace, and will soon be available in a wide array of big box stores. Our relationship with Hop-on, combined with our experienced sales team, has us awaiting signed Letters of Intent, and our sales will increase exponentially. Additionally, we will soon be conducting a unique launch of our cigarettes to some specific retailers, at no cost to the public. Our goal is to deliver a brand name and product that everyone will be comfortable and familiar with."
Peter Michaels, President of Hop-on, stated, "Judge Leon's positive opinion helps us in there should be no government roadblocks to slow down our progress launching our products in the US. I have worked through issues with government bureaucracy before, and Judge Leon's decision should make my life easier. Our products virtually have none of the cancer-causing chemicals of traditional cigarettes, but the FDA says it has not been proven safe. Our goal with USACIG is prove our products are safe, affordable for everyone and profitable for our company. We experienced no issues importing our electronics into the US market. Our product is better, less expensive, and the technology behind our cigarettes is made in America."
With the passage of landmark tobacco legislation last year, Judge Leon added, the Food and Drug Administration's new tobacco division will be able to regulate the contents and marketing claims of e-cigarettes in the same way it is about to begin regulating traditional tobacco products. But the agency's drug division cannot ban the devices, the judge ruled.
ABOUT USACIG INC.
USACIG is the only US-based manufacturer making the actual nicotine cartridges/products in the US. The Electric Cigarette™ is an alternative to traditional tobacco products. It is a battery-powered device providing inhaled doses of nicotine by delivering vaporized water, propylene glycol, nicotine solution and other non-carcinogens. In addition to nicotine delivery, this vapor also provides a flavor and physical sensation similar to that of inhaled tobacco smoke, while no tobacco, smoke, or combustion is actually involved in its operation. USACIG, Inc. is a US-based manufacturer of "The Electric Cigarette" and "The Electric Cigar"™. USACIG manufactures its cartridges in the United States and the electronics are manufactured in China. USACIG also has US-based doctors on its board monitoring and supervising medical related issues or opportunities.
GOLDEN DRAGON HOLDINGS INCORPORATED (OTC: GDHI)
"Up 32.00% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/GDHI.php
Golden Dragon Holdings, Inc. (GDHI) is a USA publicly traded company that owns and operates Golden Dragon Food & Beverage Import & Export Company of Hong Kong, Ltd. (GDHK) in central Hong Kong. Golden Dragon Holdings, Inc. has agreements with USA food manufacturers. GDHI acts as a buying agent for GDHK, negotiating vendor contracts and services with USA food and beverage industry partners. The company purchases goods and services directly from Golden Dragon Holdings, Inc. The Hong Kong Company plays a strategic role in the importation of products into the Chinese market by leveraging the Closer Economic Partnership Arrangement (CEPA) with China. We distribute some of the most popular USA food and beverage brand products directly into the hypermarkets, supermarkets and convenience stores in China. We are responsible for order fulfillment for our clients in China, as well as providing advertising and promotion (A&P) services for our USA food and beverage products.
GDHI News:
January 22 -
Golden Dragon Holdings, Inc. Release Copy of Its Year-End 2009 Conference Call
Golden Dragon Holdings, Inc. (OTC: GDHI), an international food and beverage distributor specializing in the Chinese market, announces that it has released an electronic copy of the conference call held on Thursday, January 21st. This file is available at http://www.gdfbhk.com/investors.html.
Mr. Frank Yglesias, CEO, & Mr. Cesar Cuenca, President, both stated, "We want to thank all the participants that dialed into our conference call line. We hope that we were able to answer everyone's questions, if there were any participants or shareholders that were unable to ask any questions please feel free to call the company at 888-889-8185 or email us at
This email address is being protected from spam bots, you need Javascript enabled to view it
. Once again, we want to thank all our shareholders for the confidence that they have bestowed us."
MOBILE MEDIA UNLIMITED HOLDINGS INCORPORATED (OTC: MMUH)
"Up 16.67% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/MMUH.php
MMU is a leader in mobile marketing technologies, utilizing proprietary state-of-the-art marketing solutions and our unique ability to reach millions of new consumers simultaneously. With our extensive "opt in" inventory, MMU strives to stay ahead of the curve, giving our clients a seamless delivery solution and the highest quality of customer service.
MMUH
News:
December 28 -
MMU Holdings Inc. Definitive Agreement Executed With TzuFuma Inc.
Mobile Media Unlimited Holdings Inc. (OTC: MMUH) announced that the Company has executed the Definitive Agreement ("DA") with TzuFuma Inc. MMUH will purchase TzuFuma in an all stock transaction costing MMUH 58,000,000 shares of newly issued restricted common stock.
TzuFuma Inc. is a wholesale distributor business of Electronic Cigarettes. Electronic Cigarettes or E-Cigarettes are technological marvels which have the look, taste and feel of a real cigarette without any combustible components and produces water vapor instead of second-hand smoke. The advantages of this product are apparent since no actual smoke by-product is created, and users have the freedom to enjoy smoking in establishments currently smoker unfriendly.
Robert Paterson, President of TzuFuma Inc. stated in a telephone interview: "We have ironed out all of the remaining details regarding financing and the integration of the acquisition and I am pleased to announce that no significant material changes were made to the original MOI. The Company and its associates bring a wide talent pool to the table with skill sets we believe will immediately enhance marketing and accelerate our clients into mass distribution here in the United States but more importantly Internationally. We anticipate gross revenues from domestic sales to be in the region of 12-14% of our total gross revenue for fiscal 2010. We fully anticipate 2010 to be a bumper year."
AMERICAN SECURITY RESOURCES CORPORATION (OTCBB: ARSC)
"Up 20.00% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/ARSC.php
ARSC is a holding company actively seeking to acquire companies and technologies that will advance the development of alternative energies. ARSC, through its Hydra subsidiary, has developed high volume, mass producible hydrogen fuel cells. Its American Hydrogen Corp. subsidiary is developing methods to inexpensively formulate hydrogen.
ARSC News:
January 22 -
ARSC Receives First Tranche from St. George, Appoints New Auditors
American Security Resources Corporation (OTC: ARSC) announced that it has received the first tranche of funding from the St. George Fund under their new funding agreement. The funding agreement requires ARSC to bring its SEC filings current and in compliance with SEC rules and regulations within 90 days. Once ARSC is in regulatory compliance, it will apply to have its shares re-listed on the OTCBB. To accomplish this, ARSC is pleased to announce that it has retained the PS Stephenson & Co., CPA’s as the Company’s certifying accountants to complete the 2008 and 2009 audits of ARSC’s financials.
PS Stephenson & Co., CPA’s is a mid-sized public accounting firm with its principal office in Wharton, Texas, and satellite offices in Houston and LaGrange, Texas. The firm is a professional corporation consisting of licensed CPA’s and is a member of PCAOB, AICPA’s and the Texas Society of CPA’s.
Bob Farr, President and COO of ARSC, stated, “After our filings are current St. George is prepared to step up their funding levels to help us achieve our production goals. We met with the accountants this week and believe that we can have 2008 filed by the first part of March and 2009 filed on time in April.” Farr continued, “We expect to start commercial fuel cell production as soon as our JV with Comentum is funded which they tell us is very soon. The JV will fund against our existing $21 million purchase order backlog.”
“After the very difficult time we’ve experienced since late 2008, we’re gratified to be ramping up our activities again with St. George’s and Comentum’s investments. We have also been working with a New York broker-dealer to fund the spinoff of Hydra that we have been planning since last April,” Farr concluded.
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