OTCPicks.com

FEATURED COMPANY

MYPHOTOPIPE.COM INCORPORATED (OTC: MPPC)
"Up 40.00% in morning trading"

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

Company Profile:
http://www.otcpicks.com/myphotopipe/myphotopipe-2.htm

MyPhotopipe.com Inc. is a US-based provider of online digital photo processing and related services catering to high-end amateur and professional photographers. The Company’s primary web portal is www.myphotopipe.com. Its services include photo finishing and printing, online sharing, photo books, digital photo templates, and online hosting and selling of photographs. The Company provides services to more than 18,500 professional and high-end amateur photographers nationwide; more than 190,000 copies of its software have been downloaded and are in use.

MPPC News:

April 30 - Compounding Growth Continues in Online Digital Photo Processing Space

Digital prints up 25%, online channel up 51% according to data released this week

myPhotopipe.com, Inc. (OTC: MPPC), a web-based online provider of digital photo processing and related services, commented upon industry data that became available this week.

The February 2008 PMA Monthly Printing and Camera Trends Report released this week reveals that total prints made from digital images increased 25% when compared with the prior-year month, and the total share of market for "ordering prints online with mail delivery" expanded from 11.5% to 15.6%. This represents year-over-year growth of 51% for online ordering with mail delivery. February was the 14th consecutive month of double-digit industry growth in prints made from digital images since December 2006, as well as the 14th consecutive month of double- or triple-digit growth in prints ordered online and received via mail.

Compounded together — 25% or better growth in the overall market and 50% or better growth in the online channel — the value of a share point in the online space has nearly tripled since the beginning of 2006.

"myPhotopipe.com has always been a believer in the online model for ordering digital prints, and we remain the only 'pure play' in the online ordering with mail delivery channel," observed L. Douglas Keeney, Chief Executive Officer of myPhotopipe.com, Inc. "It's easier. It's convenient. It delivers your prints to your home. So, yes, this latest data represents excellent news for our space and for our Company. Unfortunately, most people will overlook the most important part of the data, which involves the compounding effect, the perfect storm if you will, of a growth market and a growing share of that market. On a constant dollar basis, the value of online ordering has surged almost 300% since 2006."

On a quarterly basis, the share of market represented by photographs being ordered online with mail delivery increased from 12.4% in March 2007, to 13.5% in June, 14.0% in September, 15.1% in December and ending February 2008 at 15.6%.

myPhotopipe.com recently announced a record year and continued growth in both new products and customers. "We're adding between 400 and 600 new customers a month and seeing our web site bookmarked approximately 12,000 times a month. The new industry data tells us that the future value of every new customer increases over time, which in part explains why those of us in both the consumer and professional segment of this business are enjoying extraordinary sales growth," concluded Keeney.

FEATURED COMPANY

MONOGRAM ENERGY INCORPORATED (OTC: MGRN)
"Up 28.57% in morning trading"

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

Company Profile:
http://www.otcpicks.com/monogram-energy/monogram-energy.htm

Monogram Energy, Inc. is an independent energy company engaged in the acquisition, development, and exploitation of oil and gas properties. The company specializes in acquiring oil & gas leases with proven reserves that have the potential for increased production.

MGRN News:

April 30 - Monogram Energy, Inc. Completes Its First Sale

Monogram Energy, Inc. (OTC: MGRN), an independent energy company engaged in the acquisition, development, and exploitation of oil and gas properties, announced that the company has generated its first sale from the 5 wells on the T.W. Martin Lease. Monogram Energy is expecting to see continued increases in their revenue from the ongoing sale of their successful work-over projects and from future lease acquisitions. This sale, in the amount of $18,000.00, represents the first round of oil to be sold, and additional sales are expected to take place within the next 30 - 45 days.

With oil prices reaching as high as $119.00 a barrel, Monogram Energy, Inc. is positioning itself to capitalize from a growing domestic industry. "We are extremely pleased to get this first sale under our belts — it's just the beginning for us," stated Billy King, Chief Executive Officer of Monogram Energy, Inc. The company is looking to acquire another 6 - 8 leases by year's end. Mr. King became interested in the production of oil & gas during his ten years of employment as an attorney for the Halliburton Company, and with his representation of independent oil companies during his years as a private practitioner. Monogram Energy's goal is to maintain a high risk/reward profile, thereby enabling them to return the most value to its shareholders.

FEATURED COMPANY

USA VIDEO INTERACTIVE CORPORATION (OTCBB: USVO)

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

Company Profile: http://www.otcpicks.com/usa-video/usa-video.htm

USA Video Interactive Corp. ("USVO") designs and markets technology for delivery of digital media. USVO developed its MediaEscort™, MediaSentinel™ and SmartMark™ digital watermarking products and technology to provide a robust means for producers and distributors to invisibly protect their content. USA Video Technology Corp., a wholly owned subsidiary of USVO, holds the pioneering patent for store-and-forward video, filed in 1990 and issued by the United States Patent and Trademark Office on July 14, 1992; it has been cited by at least 165 other patents. USVO holds similar patents in Germany, Canada, England, France, Spain, Italy, and Japan. Visit www.usvo.com or the company showcase on Investoideas.com at www.investorideas.com/CO/USVO/Default.asp.

USVO News:

May 2 - Video Pirates Beware; USA Video's SmartMarks Combats Studio Theft

AudioStocks.com Interviews Patrick Gregston of USA Video Interactive Corp.

AudioStocks.com recently interviewed Patrick Gregston, Head of Business Development at USA Video Interactive Corp. (OTCBB: USVO) (CDNX: US.V) (Berlin: USF.BE) (Frankfurt: USF.F). USVO designs and markets technology for delivery of digital media and developed its MediaEscort(TM), MediaSentinel(TM) and SmartMark(TM) digital watermarking products and technology for producers and distributors to invisibly protect their content from pirates.

Mr. Gregston provides context and insight to the company's recent news that Twentieth Century Fox Home Entertainment LLC, a subsidiary of Twentieth Century Fox Film Corporation, a News Corporation company, has gone live with MediaEscort(TM). MediaEscort(TM) is being deployed to protect the Studio's filmed entertainment content that is streamed via the Internet to its various trade business partners in advance of DVD availability.

"The business models of Hollywood are under attack," notes Mr. Gregston. "Digital technology developments have made the industry suspicious of its customers. For nearly a decade the focus of the industry has been upon making digital theft impossible, which has failed to stop the activity of enterprise pirates or casual file sharing. USVO offers an alternative, which encourages expanded legal transactions in the digital realm, an area of tremendous potential gain to the industry. SmartMarks, our unique watermarks, make it possible to track legal provenance of content, and enforcement of licenses at every level."

This interview discusses the historical origins of watermarking, the distinctions of the enforcement approach to piracy, and the vision of a free flowing marketplace with security provided by watermark supported enforcement being used against those who profit using the content of others.

The complete audio interview with Mr. Gregston can be found exclusively at www.audiostocks.com.

Mr. Gregston also spoke to AudioStocks.com about his perspectives on the following subjects:

1) The idea and history behind indelible watermarking.
2) Some history of piracy.
3) How content needs to move to be valuable.
4) Why people don't see digital theft as theft — the distinction between owning and licensing.
5) Mr. Gregston's background as an agent of change in Hollywood.

For further information about the market USVO is focused on with its anti-piracy products, visit http://blog.usvo.com.

FEATURED COMPANY

COPPER KING MINING (OTC: CPRK)
"Up 10.58% in morning trading"

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

Company Profile:
http://www.otcpicks.com/copper-king-mining/copper-king-mining.htm

Copper King Mining Corporation currently owns approximately 1200 acres in the Drum Mountains of Utah, which are patent deeded mining claims which contain gold, silver and copper. The company recently added to its holdings by filing six more claims on land which was inside their holdings, but not patent deeded. Contiguous to that acreage is approximately 1100 acres of claims filed by Western Utah Copper Company. As the companies explored the concept of a joint venture on the Drum Mountain properties, it was decided that a very viable consideration was to join the total assets of both companies.

CPRK News:

April 28 - John O'Hurley on the Spot for Copper King, Featured on FBN

Spots featuring John O'Hurley to air this week on Fox Business Network

Copper King Mining Corporation (OTC: CPRK) takes a news break bow on the Fox Business Network this week, where 30-second spots featuring John O'Hurley will be airing over Time Warner Cable, Comcast Cable, Charter Cable, DirecTV and Jet Blue Airlines. With an expected coverage of 30 million homes nationwide, the Copper King spot will generate a minimum 35,000 airings with a potential for 49 million unique viewer impressions.

Fox Business Network reaches more than 30 million homes throughout the United States. The service is widely distributed via every major cable television outlet in America with satellite carriers including DirectTV.

O'Hurley is currently starring as King Arthur in Monty Python's musical, "Spamalot," at the Wynn Resort in Las Vegas, Nevada. One of People magazine's "Sexiest Men Alive," O'Hurley is also lauded for his starring appearances on the television shows, "Seinfeld," "Dancing with the Stars," and "Family Feud."

Recognized for his work in Hollywood, as well as his interest and participation in vital business developments, O'Hurley, the "new face" of rising Copper King, will be making further media appearances this week as he continues to speak of his role with Copper King Mining Corporation. More details will follow in a forthcoming announcement.

Copper King Mining Corporation's promise of sustainable production, profitability, presence of Gold-Silver-Tungsten and Molly, along with high-grade Copper and the importance of new copper sources to the U.S. industry, will all be discussed. O'Hurley will also emphasize the irreplaceable nature of copper in the ever growing eco-friendly movement. Adding to its stock on the move, O'Hurley appears in Copper King's VNR. Next to bringing further public awareness to the company, the purpose of the video news release is to provide an educational experience in the history and development of copper in the U.S. Since minerals are the backbone of all industry and civilization, the demand for copper, gold and silver continues to increase worldwide. These are just some of the topics O'Hurley will be covering during his news break spots on the Fox Business Network.

The O'Hurley VNR is produced by Clearvision International, Inc. For more information, visit http://copperkingmining.com.

FEATURED COMPANY

BIOSOLAR INCORPORATED (OTC: BSRC)

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

Company Profile: http://www.otcpicks.com/biosolar/biosolar-2.htm

BioSolar, Inc. engages in the research and development of bioplastic materials from renewable plant sources for use in photovoltaic solar cells. The company develops bio-based plastics components that meet the thermal and durability requirements of solar cell manufacturing processes for conventional crystalline cell designs, as well as thin film photovoltaic devices in an effort to capitalize on cost advantages to current petroleum based solar cell components. Its bioplastic materials can be also used directly in conventional manufacturing systems, such as injection molding and thin-film roll-to-roll, to create superstrate layer, substrate layer, and backsheet, as well as module and panel components. The company was founded in April 2006. It was formerly known as BioSolar Labs, Inc. and changed its name to BioSolar, Inc. in June 2006. BioSolar, Inc. is headquartered in Santa Clarita, California.

BSRC News:

April 28 - BioSolar Delivers BioBacksheet™ Samples to Solar Cell Manufacturers

BioSolar(TM), Inc. (OTCBB: BSRC), developer of a breakthrough technology to produce bio-based materials from renewable plant sources that reduce the cost of photovoltaic solar cells, today announced that the company has shipped its BioBacksheet(TM) samples to a select group of manufacturers for their evaluation in several regions of the country. In an era of record high oil prices, the company's new bio-based product provides a cost effective alternative to petroleum-based backsheets currently in use, and has been actively sought by manufacturers as a component of their finished solar cells.

"This is a very exciting first step to market," said Dr. David Lee, BioSolar's CEO. "It has been our company's mission to deliver an economically viable 'green' product. Not only will the use of our new BioBacksheet product allow solar cell manufacturers to reduce cost in an extremely competitive environment, but they will be doing it in a manner that is environmentally responsible. We believe that as consumers demand more 'green' products, solar cell manufacturers will place an even greater value on products such as ours."

STOCKS TO WATCH

BUDGET WASTE INCORPORATED (OTC: BDGW)
"Up 7.14% in morning trading"

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

Budget Waste Inc. is a waste solutions company in Western Canada providing complete waste and recycling services to commercial, industrial, construction, homebuilding, oilfield and residential clients. With its broad range of innovative services, the company offers its customers more value for their dollar and reduces accounting costs by providing streamlined billing. BWI is currently following its growth-through-acquisition strategy with exceptional success. With regulations throughout North America pressing companies and individuals to be more vigilant in the way they handle their waste products, company officials see vast opportunity for expansion of BWI's distinctive services.

BDGW News:

May 5 - Budget Waste Inc. Awarded $11,200,000 Recycling and Waste Contract

Budget Waste Inc. (OTC: BDGW), a leading provider of waste and recycling services to industrial, residential, and commercial clients, announced the following contract information.

Budget Waste has been awarded the exclusive rights to be the supplier of choice for waste bins, sorting and recycling in Mahogany, a community developed and managed by Hopewell Residential Communities Inc. Mahogany is a 12 to 15 year project that will, upon completion, yield 8000 single and multi family homes within the City of Calgary. Budget Waste has provided waste, sorting and recycling services for Hopewell Residential Communities Inc. in the development of Copperfield for the past 6 years. The recycling program for Mahogany has an estimated contract value of $11,200,000.00 over the development term of the project. The terms and conditions of the contract will be reviewed yearly in November.

Hopewell has been recognized by Calgary Region Home Builders Association five times as Developer of the Year for their distinctive award winning communities in Alberta.

Hopewell's Corporate Mission

We are a successful land development company of empowered team members, achieving performance goals through operational excellence and well-planned strategic growth.

MICRON ENVIRO SYSTEMS INCORPORATED (OTCBB: MENV)
"Up 46.67% in morning trading"

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

Micron Enviro Systems Incorporated is an emerging oil and gas company that now has exposure to multiple leases consisting of interests in 50.5 gross sections (31,945 acres) in the Oil Sands of Alberta, Canada, which is one of the largest oil producing regions in the world. Micron holds 100% interest in 4 sections, 50% interest in 16 other sections, 5% interest in 26 sections, and has a 4.17 % net interest in 4.5 additional Oil Sands sections. Management's goal is to build the asset base of the Company through strategic alliances and independent acquisitions that will build long-term shareholder value. Management continues to look for additional projects that would contribute to building Micron's market capitalization, including additional Oil Sands projects. For detailed maps of the locations of Micron's prospects, visit www.micronenviro.com.

MENV News:

May 5 - Micron Enviro Systems Inc. Submits Coal Permits in East Central Saskatchewan

Micron Enviro Systems, Inc.'s (OTCBB: MENV) (GERMANY: NDDA) ("Micron" or the "Company") announced that it has submitted coal permits encompassing one township (approximately 23,000 acres) in east central Saskatchewan, Canada. There are no guarantees that any of these proposed permits will be awarded to Micron.

Bradley Rudman, president of Micron, stated, "It has been a very tough time in the Canadian Oil Sands recently. The investing sentiment regarding junior Oil Sands companies is not the same as conventional oil and gas companies are receiving at this time. Management feels that with 100 dollar plus oil currently, it is only a matter of time that the sentiment becomes positive again for Canadian Oil Sands companies. Management is very positive about the future potential of the significant acreage acquired in the past few years and plans to continue to attempt to develop and accumulate Oil Sands assets in the future. That being said, the Company has been much too inactive in the past year intends to change that now. Management will be very proactive in attempting to build back shareholder confidence and value going forward. This potential new coal acquisition is in the same region of the recently announced (April 28, 2008) Goldsource Mines Inc. new coal discovery. In addition to this new coal prospect, management is actively evaluating additional prospects in multiple sectors, and further announcements are anticipated in the future."

CINEMAYA MEDIA GROUP (OTC: CNMY)
"Up 56.25% in morning trading"

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

CineMaya Media Group, Inc. provides international south Asian media, entertainment, and marketing services with operations in the areas of publication, broadcast television, radio, film and television production, events, and advertising. The company publishes a weekly English language newspaper, The Indian Express North American Edition, comprising three regional editions in the United States and an edition in Canada; and a weekly Gujarati language newspaper, Divya Bhaskar North American Edition, for the sub-ethnic Gujarati community in the U.S. and Canada. It has a marketing tie-up with the Telegu language newspaper, Telegu Times, in North America. The company also operates as the managing partner for the INDIA LIVE channel on DIRECTV, which offers news and current affairs programming for Indians in the U.S. It is also developing a television channel property for the Punjabi community in North America, as well as a radio property, Dhoom FM, in the U.S. In addition, CineMaya Media Group develops films for Bollywood and international markets. It produced approximately 300 hours of international television programming in the U.S. and India for south Asian TV networks. The company also produces proprietary events, such as CineMaya Media Group Indian American Achiever Awards, and events for clients. Its advertising agency, Elephant Advertising, has a partnership with Publicis STARCOM MediaVest Group for Diaspora markets. CineMaya Media Group also handles outsourced creative production. In addition, the company, through its Design Mechanics joint venture, develops proprietary online sites for the group; provides creative services, such as development of Web sites, banners, and interactive tools for third parties; and offers programming and consulting services in India. CineMaya Media Group was founded in 2000 and is headquartered in New York, New York with additional offices in New Jersey, California, Toronto, Mumbai, and New Delhi.

CNMY News:

May 2 - CineMaya Media Schedules Conference Call

CineMaya Media Group, Inc. (OTC: CNMY) has confirmed a company conference call for shareholders to discuss financials, expansion, updates, and other relevant corporate news. The conference call has been scheduled for Monday, May 5, 2008 at 11:30 AM eastern daylight time. The dial-in information will be provided on the Investor Relations page of the company's website at www.cinemayamedia.com on Monday morning.

Earlier this week, CineMaya Media's reporting status was upgraded on PinkSheets.com, following the posting of the company's 2007 year-end financials. The company reported a revenues increase of 19.37% to $5.1 million. More information about CineMaya Media's financials can be heard during the management's discussion on the upcoming conference call.

VERMILLION INCORPORATED (NASD: VRML)
"Up 69.75% in morning trading"

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

Vermillion, Inc. discovers, develops, and commercializes diagnostic tests that help physicians to diagnose and treat patients. It develops clinical protein biomarker diagnostic products and services in the fields of oncology, hematology, cardiology, and women's health with initial focus on ovarian cancer. The company has collaborations with various academic and research institutions, including The Johns Hopkins University School of Medicine focusing on oncology, primarily breast, prostate, and ovarian cancers; The University of Texas M.D. Anderson Cancer Center that focuses on cancers of the reproductive tract, including the uterus, fallopian tubes, and ovaries; and The University of Texas Medical Branch for the discovery and development of new products for personalized or targeted medicine, primarily in the field of liver disease. It also has collaboration agreements with The Katholieke Universiteit Leuven for the discovery, validation, and characterization of biomarkers related to gynecological diseases; Ohio State University Research Foundation for the discovery, validation, and characterization of biomarkers related to thrombotic thrombocytopenic purpura, and production of associated technology; Stanford University for the discovery, validation, and characterization of biomarkers related to cardiovascular diseases, primarily peripheral arterial disease; and Clinic of Gynecology and Clinic of Oncology, Rigshospitalet, Copenhagen University Hospital. In addition, Vermillion has strategic alliance with Quest Diagnostics Incorporated for commercializing up to three diagnostic tests. The company was founded as Abiotic Systems in 1993 and changed its name to Ciphergen Biosystems, Inc. in 1995. It further changed its name to Vermillion, Inc. in 2007. The company is based in Fremont, California.

VRML News:

May 1 - Vermillion's Roundtable Teleconference Highlights Peripheral Artery Disease Diagnostic Program; Features Commentary from Vascular Medicine Expert

Company Offers Access to Archived Web Cast and Phone Replay of the Forum

Vermillion, Inc. (NASD: VRML), a molecular diagnostics company, recently held a roundtable teleconference focusing on its peripheral artery disease (PAD) diagnostic program and the need for improved detection of this life- and limb-threatening condition. The teleconference, which took place yesterday, featured keynote speaker John Cooke, M.D., Ph.D., Professor of Medicine at Stanford University, whose research forms the basis of Vermillion's PAD blood test.

The roundtable discussion was the first of a series of calls to provide investors an opportunity to hear more about Vermillion's diagnostic programs and understand the various markets that the company seeks to address. Yesterday's forum served as a means to educate this audience about the current state of PAD and why there is a clinical need for a blood test that can determine a person's risk of developing the disease. PAD, a serious condition affecting some eight to 12 million Americans, can double a person's risk of heart attack and stroke, and increase the risk of amputation and death. There are treatments that can save the lives and limbs of these patients once the disease is recognized.

"The signs and symptoms of PAD often go unnoticed, and as a result many patients are not being properly diagnosed. We are in serious need of new, innovative tools to aid in the diagnosis and management of this life- threatening condition," said Dr. Cooke. "Together with Vermillion, we are working to develop a simple blood test that will stratify an individual's risk of developing PAD. This will serve as an important advancement in the overall management of the disease - benefiting both the patient and the physician alike."

"Improving diagnosis of PAD, expediting treatment and enhancing patient outcomes is a key goal for Vermillion, as well as for Dr. Cooke and his research team at Stanford," said Gail Page, President and CEO of Vermillion. "We believe that our PAD diagnostic program will achieve these goals, and look forward to reporting additional clinical and commercial results in the coming months."

To access the archived Web cast of the conference call, visit the Investor Relations section of Vermillion's Web site at www.vermillion.com. Additionally, a telephone replay of the roundtable discussion is available through May 30, and may be accessed by dialing (800) 633-8284 from the United States and Canada or (+1 402) 977-9140 internationally. The replay pass code is 21381902.

ABOUT VERMILLION'S PAD DIAGNOSTIC TEST PROGRAM

In collaboration with Dr. Cooke and his research team at Stanford University, Vermillion has developed a novel panel of biomarkers in an effort to determine the risk of PAD through a simple blood test. The company has an exclusive license agreement with Stanford to develop and commercialize this panel.

BIO-MATRIX SCIENTIFIC GROUP (OTCBB: BMSN)
"Up 55.00% in morning trading"

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

Bio-Matrix Scientific Group, Inc., a development stage company, engages in the design, development, and marketing of medical devices, specifically disposable instruments used in stem cell extraction and tissue transfer procedures. It has developed approximately 192 disposable instruments for use in the plastic surgery field and stem cell research. The instruments are designed to be used to harvest adult stem cells from adipose (fat) tissue. Its products primarily include cannula, tissue transfer cannula and connectors, syringe clip, cannula handle and storage system. The company seeks to market and sell these instruments to plastic surgeons. Bio-Matrix Scientific Group is also constructing a cryogenic cellular storage facility and specifically stem cell banking facility. The company was founded in 2005 and is based in San Diego, California.

BMSN News:

May 5 - Bio-Matrix Scientific Group, Inc. Submits Application and Quality Systems Documentation to the State of California for Tissue Bank License

Bio-Matrix Scientific Group Inc (OTCBB: BMSN), a biotechnology company focused on adult stem cell processing and cryogenic storage, announced that on April 24, 2008 it submitted for review all required documentation (including copies of its Quality Systems Operating Procedures) to the California Health and Human Services Agency in connection with an application to acquire a Tissue Bank License in the State of California.

The State of California requires human cell, tissue, cellular and tissue-based product facilities to follow the current Good Tissue Practice (GTP) standards, which govern the methods used in, and the facilities and controls used for, the manufacture and processing of human tissue, cellular and tissue-based products.

The Company has already been granted a Biologics License which allows the Company to cryogenically store blood related specimens at its California facility and its registration as a cellular and tissue-based product facility has been accepted by the FDA. The FDA requires human cells, tissue, cellular and tissue-based product facilities to register with the agency and list their human cells, tissues, and cellular and tissue-based products (HCT/Ps).

The granting of a Tissue Bank License by the California Health and Human Services Agency would allow the Company to process and store stem cells from adipose tissue (fat), cord blood and peripheral blood.

DISCOVERY LABS INCORPORATED (NASD: DSCO)
"Up 33.79% in morning trading"

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

Discovery Laboratories, Inc., together with its subsidiaries, operates as a biotechnology company that develops proprietary surfactant technology as Surfactant Replacement Therapies (SRT) for respiratory disorders and diseases. Surfactants are produced naturally in the lungs and are essential for breathing. Its products include Surfaxin (lucinactant), which is used for the prevention of respiratory distress syndrome in premature infants, as well as for the prevention of bronchopulmonary dysplasia in premature infants; and Aerosurf, which is used for the prevention and treatment of respiratory failure in infants. The company also provides its products for the treatment of acute respiratory failure, cystic fibrosis, acute lung injury, acute respiratory distress syndrome, chronic obstructive pulmonary disorder, asthma, and other debilitating respiratory conditions. It has strategic alliances with Chrysalis Technologies to develop and commercialize aerosolized SRT for various respiratory conditions; and Laboratorios del Dr. Esteve, S.A. to develop, market, and sell Surfaxin in Europe, and Central and South America. The company was founded in 1992 and is headquartered in Warrington, Pennsylvania.

DSCO News:

May 5 - Discovery Labs Provides Guidance On FDA Approvable Letter for Surfaxin for RDS

Discovery Laboratories, Inc. (NASD: DSCO) on May 1, 2008 received an Approvable Letter from the U.S. Food and Drug Administration (FDA) for Surfaxin® (lucinactant) for the prevention of Respiratory Distress Syndrome (RDS) in premature infants. Discovery Labs' Manufacturing, Quality and Regulatory management have performed an assessment of the remaining conditions set forth in the Approvable Letter that must be satisfied to gain U.S. marketing approval for Surfaxin.

Discovery Labs believes that the steps required to file a response to the Approvable Letter may be completed in the upcoming 6 to 8 weeks and the response may potentially be designated by the FDA as a Class 1 resubmission with a review target of 60 days, rather than the longer 6 month review target. The overall timeline may be shortened or extended following discussions with the FDA to clarify certain requests in the Approvable Letter. Importantly, the Approvable Letter contains no requirement for additional clinical trials to gain Surfaxin approval.

Key achievements towards gaining FDA approval of Surfaxin include the following:

* On April 30th, Discovery Labs and the FDA agreed to the content of the Surfaxin package insert. Discovery Labs is pleased with the competitive profile of the proposed package insert.

* Discovery Labs has successfully addressed quality and manufacturing issues at its manufacturing operation in Totowa, New Jersey:

1) In March 2008, the FDA completed a pre-approval inspection (PAI) of Discovery Labs' manufacturing operations and recently issued an Establishment Inspection Report (EIR) indicating an approval recommendation. Discovery Labs' manufacturing operations are prepared for Surfaxin commercial production.

2) In support of the Surfaxin NDA, Discovery Labs manufactured three Surfaxin process validation batches. As of March 2008, these batches successfully attained 12 months stability and continue to demonstrate conformance to established stability specifications.

3) The quality control and quality assurance facilities and operations of Discovery Labs were inspected by the FDA with acceptable results.

May 1st Approvable Letter

Discovery Labs has completed an assessment of the remaining comments set forth in the Approvable Letter that must be addressed to gain U.S. marketing approval for Surfaxin. Discovery Labs firmly believes that this recent Approvable Letter reflects notable progress towards gaining FDA approval for Surfaxin. This Approvable Letter does not include any comments related to Surfaxin analytical chemistry methodology, drug product impurity qualification, or comparability of the current Surfaxin manufacturing process to that used to manufacture drug product employed in the pivotal study.

Discovery Labs' assessment of the Approvable Letter is as follows:

* The release and stability biological activity test for Surfaxin requires further clarification with the FDA. The Approvable Letter included a request to further tighten an acceptance criterion for this biological activity test. Based on data currently available, Discovery Labs believes that it and the FDA can agree upon a final acceptance criterion for the test.

* The Approvable Letter included a request to further tighten acceptance criteria for lipid drug substance impurities. Based on data currently available, Discovery Labs believes that it and the FDA can agree upon final acceptance criteria.

* The Approvable Letter requests further tightening of two of the 21 physical and chemical drug product acceptance criteria that were proposed by Discovery Labs in its October 2007 Complete Response. Based on the Surfaxin data set currently available, Discovery Labs can comply with this request.

* The FDA also requested that Discovery Labs submit summary information from certain equipment-related qualification reports for inclusion to the Surfaxin NDA. This information was previously reviewed and found acceptable during the FDA's recent pre-approval inspection of Discovery Labs' manufacturing operations.

On Friday, May 2nd, Discovery Labs contacted the FDA regarding scheduling a meeting to clarify the limited items noted above.

ELDORADO ARTESIAN SPRINGS INCORPORATED (OTCBB: ELDO)
"Up 40.00% in morning trading"

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

Eldorado Artesian Springs, Inc. engages in the bottling, marketing, and distribution of artesian spring water under the Eldorado Artesian Spring Water brand primarily in Colorado. It sells five gallon and three gallon bottles of water directly to home and business, retail grocery stores, and distributors located in Colorado. The company also sells its water at wholesale to retail food stores for retail distribution. In addition, it sells and rents filtration equipment and coffee dispensing equipment to customers for home and office accounts; sells coffee; and owns and operates a public swimming pool. The company was founded in 1983 and is headquartered in Louisville, Colorado.

ELDO News:

May 5 - Eldorado Artesian Springs Feature to Air Today on CNBC Power Lunch 'Mike on America' Segment

Eldorado Artesian Springs, Inc. (OTCBB: ELDO) announced that the Company is scheduled to be featured on CNBC's Power Lunch program today, May 5, 2008. The feature was done by roving business reporter Mike Hegedus for his regular "Mike on America" segment, which typically runs toward the end of the two-hour Power Lunch program. Power Lunch is scheduled to air today from 10 a.m. to 12:00 noon Mountain Time. Should the Eldorado feature not air due to breaking news or other reasons, the Company will announce the new scheduled airtime once it is available.

H3 ENTERPRISES INCORPORATED (OTC: HTRE)
"Up 21.05% in morning trading"

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

H3 Enterprises Inc. has developed a powerful niche in three of the largest, fastest growing, and most profitable segments in the Entertainment Industry worldwide: Hip Hop Music, Video Gaming, and High Definition Flat Screen TV. These multi-faceted sectors have all been vertically integrated into an award-winning franchise that has the opportunity to become the new home of the “Hip Hop Generation”, the most sought after demographic in the world today. In a short period of time, H3 continues to put together the pieces necessary to fully capitalize on the seemingly insatiable appetite for all three of these market monsters through a series of strategic alliances and acquisitions, major celebrity signings, and the construction of a management team second to none.

HTRE News:

May 5 - H3 Announces HipHopSodaShop Grand Opening in Miami

H3 Enterprises, Inc.'s (OTC: HTRE) President and CEO, Dr. Benjamin Chavis, will announce the date and details of the Grand Opening of the Miami HipHopSodaShop. Dr. Chavis will speak live from Miami on Monday, May 5, during a scheduled national teleconference and live video webcast at 11:30am EDT. To view the video webcast go to www.H3inc.com.