For Monday, May 12th

KCMH, CABN, BSRC, MGRN, MPPC
ABAT, GWGI, CMTX, EGTS, AVWI, LLEG, INNP, CYPW, DLKM

Our Stocks to Watch today include KCM Holdings Corp. (OTC: KCMH), Carbon Sciences Inc. (OTCBB: CABN), BioSolar Inc. (OTCBB: BSRC), Monogram Energy Inc. (OTC: MGRN), myPhotopipe.com Inc. (OTC: MPPC), Advanced Battery Technologies Inc. (NASD: ABAT), Galloway Energy Inc. (OTC: GWGI), Comtex News Network Inc. (OTCBB: CMTX), Elleipsis Global Travel Solutions Inc. (OTC: EGTS), ActionView International Inc. (OTCBB: AVWI), Laidlaw Energy Group Inc. (OTC: LLEG), Innolife Pharma Inc. (OTC: INNP), Cyclone Power Technologies Inc. (OTC: CYPW) and Douglas Lake Minerals (OTCBB: DLKM).

FEATURED COMPANY

QMCI

KCM HOLDINGS CORPORATION (OTC: KCMH)

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

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

KCM Holdings Corporation is a strategic business development and holdings company specializing in a broad range of business incubation, support, design and development ventures. For more information, visit www.thekcmgroup.com.

KCMH News:

May 9 - KCM Holdings Corp. Announces First Operational Quarter a Profitable Success and Unveils Recession Proofing Plan Projecting $3-7 Million in Revenue

KCM Holdings Corp. (OTC: KCMH), a strategic business development and holdings company, announced its results for the first quarter ending March 31, 2008.

For the first quarter of fiscal 2008, its first operational quarter as a publicly traded company, KCMH reported total revenue of $290,000 and net income of $160,000 after taxes. KCMH has already surpassed last quarter’s revenues in this fiscal quarter and projects even further growth.

“We realize it is rare that a micro-cap company shows profit its first quarter, so I am very pleased,” states Donald Klein, President and CEO.

According to Mr. Klein, "We accomplished our goal of diversifying into a range of industries based on globalization and recent interventions by the Government with financial institutions. We have identified a recession proofing strategy and supporting revenue models. Our focus will be on information and content-driven models like Google, and strong financial management similar to Goldman Sachs. Our goal is to bring the same strategies utilized by these great companies to the micro-cap arena, and with persistence and integrity, generate healthy revenue, even in the midst of today’s economic instability.”

Ed Kang, COO, was equally pleased and is confident operational revenues will continue to improve due to the internal recession proofing plan, “Our first quarter proves that our strategy is the right foundation for continual focus on conserving cash, core competencies, and expansion by creating proprietary value and innovative financial models.”

KCMH estimates its preliminary revenue projections between $3-7 Million in gross revenue for 2008. These preliminary projections are based on its current client schedule, revenue sharing agreements, acquisition negotiations and launching of additional publicly traded companies. KCMH is set to release its proprietary intellectual properties for small businesses this quarter and announce some key client agreements to assist in global expansion.

KCMH will shortly release its financials, un-audited, and with more details of its recession proofing plan on its website at www.theKCMgroup.com.


FEATURED COMPANY

UITK

CARBON SCIENCES INCORPORATED (OTCBB: CABN)
"Up 5.88% in morning trading"

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

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

Carbon Sciences, Inc. focuses on developing GreenCarbon technology to convert carbon dioxide into a form that would not contribute to global warming. Its GreenCarbon technology is targeted at coal-fired electrical power plants and fuel production plants. The company was founded in 2006 as Zingerang, Inc. and changed its name to Carbon Sciences, Inc. in April 2007. Carbon Sciences, Inc. is based in Santa Barbara, California.

CABN News:

May 12 - Carbon Sciences Targets Near Term Multi-Billion Dollar Market for Its CO2 Transformation Technology

Carbon Sciences, Inc. (OTCBB: CABN), the developer of a breakthrough technology to transform harmful carbon dioxide (CO2) into high value, earth-friendly products, today announced its first application targeting a near term multi-billion dollar global market.

This initial application of the Company's technology is a process that will transform CO2 into a high value chemical compound, currently used in the manufacture of paper, pharmaceuticals and plastics. Unlike existing methods of production, Carbon Sciences' clean tech process will be carbon neutral, use less energy and result in a lower cost product.

The demand for this high value chemical compound (Precipitated Calcium Carbonate or "PCC") is projected to grow to 10 million tons by 2010, due to increased global paper consumption and construction in Asian countries. Of the forecasted total, approximately 70% of the PCC produced is expected to be used by the paper industry as brightness coating and filler.

The Company's management believes that energy and CO2 intensive industries, such as paper production, will welcome this innovative clean technology because it offers two very important benefits — lower cost and carbon neutrality. For example, a paper mill with an integrated PCC plant, based on the Company's proprietary technology, will be able to transform its own CO2 emissions into PCC for immediate use in paper production — thereby decreasing cost and CO2 emissions.

Commenting on Carbon Sciences' go-to-market strategy, Derek McLeish, the Company's CEO, said, "We are excited that the PCC market provides us with a lucrative near term opportunity. While the massive market for CO2 mitigation in coal-fired power plants may be years away, the multi-billion dollar PCC market is here and now."

Mr. McLeish further stated, "According to the International Energy Agency, the CO2 mitigation technology market is projected to reach $400 billion by 2030. In April 2008, for the first time in history, President Bush unveiled a climate change proposal suggesting that the U.S. would accept binding cuts on CO2 emissions and calling for a peak by 2023, starting with the power generation industry. We believe that by focusing our efforts on the existing multi-billion dollar PCC industry, we will be well positioned to be a major player in the even larger $400 billion CO2 mitigation market in the future. This strategy is in line with our corporate mission of enabling a carbon neutral world by transforming CO2 into high value products, one industry at a time."


FEATURED COMPANY

QMCI

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."


FEATURED COMPANY

QMCI

MONOGRAM ENERGY INCORPORATED (OTC: MGRN)
"Up 11.11% 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:

May 8 - Monogram Energy, Inc. Interview With Jordan Kimmel

Monogram Energy, Inc. (OTC: MGRN), an independent energy company engaged in the acquisition, development, and exploitation of oil and gas properties, announced that CEO Billy King will be interviewed by Jordan Kimmel on his highly successful radio show, "Profitable Investing." The live interview will take place on Thursday May 08, 2008 at 11:45 AM EST and will be aired at www.modavox.com/VoiceAmericaBusiness.

Mr. Kimmel is a regular contributor to numerous investing related periodicals, and his stock selection process has been featured in Forbes Magazine. Mr. Kimmel also makes frequent guest appearances on ABC News, CNBC and FOX Business, and hosts his own radio show on Voice America.

"It's a great pleasure to speak with Mr. Kimmel on his radio program," stated Billy King, Chief Executive Officer of Monogram Energy, Inc. "This provides us with some invaluable exposure as we move forward." 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

QMCI

MYPHOTOPIPE.COM INCORPORATED (OTC: MPPC)

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:

May 6 - myPhotopipe.com Unveils New Customer Education Program

2008 customer growth rate, new product introductions highest in Company history

myPhotopipe.com, Inc. (OTC: MPPC), a web-based online provider of digital photo processing and related services, today announced the unveiling of a series of customer education products themed "A Beautiful Photograph is Just the Beginning."

The new initiative follows a period of rapid growth in the Company's new customers and first-time purchasers, and a period of extensive new product development. "We needed to connect the dots," stated Pete Casabonne, President of myPhotopipe.com, Inc. "We've been in a fairly intense period of new product introductions and new customer growth, which means we need to make sure the breadth of our products is known to our customers, and that our customers are knowledgeable about our products. With the Internet and new digital tools, this is not your grandmother's 4X6 print anymore."

Since January 8, 2008, first-time customers and new customer registrations have increased from 17,480 to 19,645, for a net gain of 2,165, or an average of 18.5 first-time users a day. This represents the highest growth rate in the Company's history. At the same time the Company has increased the number of SKUs across almost every product line, introduced a new line of mounted products, introduced two new collections in its greeting card line, and updated the look of its exclusive multi-photo print templates.

"We service photographers across the nation, so we get to see what's happening, and when we see the smallest spike behind a style or a print size, we try to quickly translate that into a form that all of our photographers can access," continued Casabonne. "Today's photographers are demanding more from their online photo processors. They want ways to add drama to an image or turn a print into a work of wall art, but they don't want to wrestle with an alligator to make that happen. 'A Beautiful Photograph is Just the Beginning' tells our customers that there are many things they can do with that photograph beyond the ordinary 4X6 and 8X10."

The new initiative consists of a series of scheduled package inserts and forced updates to users of the Company's Remote Order Entry System software.


STOCKS TO WATCH

ADVANCED BATTERY TECHNOLOGIES (NASD: ABAT)
"Up 9.45% in morning trading"

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

Advanced Battery Technologies, Inc., through its subsidiaries, Heilongjiang ZhongQiang Power-Tech Co., Ltd., engages in the design, manufacture, and marketing of rechargeable polymer lithium-ion (PLI) batteries in the People's Republic of China. Its products include rechargeable PLI batteries for use in consumer products, such as portable computers, personal digital assistants, and cellular telephones. The company markets its products in southeast Asia, primarily in the People's Republic of China, Taiwan, and Japan. Advanced Battery Technologies, Inc. was founded in 1984 and is based in New York, New York.

ABAT News:

May 12 - Advanced Battery Technologies Reports First Quarter 2008 Record Revenues, Earnings Results

Advanced Battery Technologies, Inc. (NASD: ABAT) announced that it has achieved significant improvements in its operational performance for the first quarter 2008, and is very optimistic about its performance for the remainder of fiscal year 2008. Advanced Battery Technologies, Inc., founded in September 2002, develops, manufactures and distributes rechargeable Polymer Lithium-Ion (PLI) batteries. Advanced Battery Technologies, Inc., products include rechargeable PLI batteries for electric automobiles, motorcycles, mine-use lamps, notebook computers, walkie-talkies and other electronic devices.

Revenues for the first quarter ended March 31, 2008 were a record $10,031,969 compared to $5,363,923 for the same 2007 period, an increase of approximately 87%. Advanced Battery Technologies realized net income of $3,848,478, representing $.08 per share, after $629,445 in taxes for the quarter ended March 31, 2008. For the quarter ended March 31, 2007, the Company's pre-tax income of $1,338,036 was identical to its net income, representing $.03 per share. The 2008 quarter represents about a 187% gain in net profit.

Advanced Battery Technologies realized a 50% gross margin on its sales in the first quarter of 2008, approximately equal to the 49% margin achieved in the first quarter of 2007, but better than the 43% margin achieved for its entirety of 2007. Operating expenses decreased by 121% from $1,265,653 for the first quarter of 2007 to $571,890 in the first quarter of 2008. The disparity occurred because during the quarter ended March 31, 2007 as the Company incurred a one-time compensation charge of $893,896, arising from a bonus granted to management in 2007.

Mr. Zhiguo Fu, CEO and chairman of ABAT, said, "This was a record breaking quarter in the development of our company. The strong increase in revenue was attributable to our effort to aggressively expand our sales activities, and our ability to develop and integrate new products." Further, Mr. Fu stated, "Our research and development expenses were $ 4,325 for the three months ended March 31, 2008 and $ 43,347 for the three months ended March 31, 2007. The low level of our R&D expenses is attributable to the fiscally responsible partnerships we have with the different Institutes."

Mr. Fu added, "Our production capacity at current normal operating hours is about $45 million per year. With a backlog of approximately $57 million for delivery throughout the next 21 months we are confident we can continue to meet our aggressive targets going forward, while still developing company favorable options to increase added production capacity. This growth reflects the continued demand for our advanced PLI battery technologies and related products. In addition, we are optimistic for the balance of 2008 and beyond. Management wishes to express its appreciation for the continuing strong support from shareholders and employees over the past quarter."


GALLOWAY ENERGY INCORPORATED (OTC: GWGI)
"Up 190.00% in morning trading"

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

Galloway Energy has set forth to establish itself as a first in locator of overlooked mineral properties and new areas of interest due to the global increase in commodity demand and prices. The company is in a position to leverage current working relationships with land acquisition and engineer professionals in highly prolific regions. Currently the company is interested in mineral claim acquisitions and joint venture opportunities in British Columbia, Canada. As Galloway grows, our scope will include property interests all over the world. The initial exploration property is the Fraser Claim and is situated in the Caribou Mining Division in the province of British Columbia. The company feels that this initial claim gives it an early foothold in this area and has potential for further acquisitions and exploration. The property on offer includes 482.37 hectares that artisenal prospectors have discovered indications of mineralization. Based on initial showings from the preliminary reconnaissance the company has decided it will proceed with an acquisition program with an exploration plan to be implemented as soon as feasible. Based on initial positive results Galloway will expand the exploration and prove out any mineral bodies that may exist. The reconnaissance initiative mentioned earlier yielded sufficient results for alluvial gold that justifies the company going forward to explore for sources. Galloway Energy will execute a strategy for acquisition and exploration that is conducive to sustainable share value.

GWGI News:

May 9 - Galloway Energy Inc. (GWGI) Announces Appointment of Francis D.A. Forbes to Board of Directors

Galloway Energy Inc. (OTC: GWGI) (the “Company”) announced that Francis D.A. Forbes III has agreed to represent the company on its Board of Directors. The addition of Mr. Forbes will serve the company's need for expansion into the North American mineral markets as he specializes in introducing companies to Mexico.

The Fraser bend claims are situated in the legendary Cariboo mining district in central British Columbia. The claims are central to the famous Gold Rush Trail and on the high gold bearing structure referred to as the Fraser Bend Formation stretching all the way to the Yukon. The Cariboo is one of the most strategic, high potential placer gold bearing areas in BC.

This initial exploration property is in keeping with the company's objective of defining and acquiring interests in underdeveloped and overlooked properties that are now deemed economical due to significant global increases in both demand and prices of commodities.


COMTEX NEWS NETWORK INCORPORATED (OTCBB: CMTX)
"Up 46.34% in morning trading"

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

Comtex News Network, Inc. operates as a wholesaler of electronic real-time news and content for financial and business information distributors in the United States. It receives, enhances, combines, filters, and distributes news and content received from national and international news bureaus, agencies, and publications. The company's product lines include CustomWires, subject-specific newswires presenting various subject combinations, including energy, finance, international, and public company information; Comtex TopNews, which comprises editorially selected news stories of the day, including news related to financial markets, vertical markets, general market, and world news; and Publisher Full Feeds, which is a delivery from a specific publisher that provides distributors with the content offering from that publisher. Comtex News Network also offers SmarTrend products, which include Morning Call, a daily stock market letter; SmarTrend Spotlights, selected stock news; and SmarTrend Alerts directly to consumers via subscription at mysmartrend.com, as well as through financial distributors. Comtex News Network is based in Alexandria, Virginia.

CMTX News:

May 12 - Comtex Reports Third Quarter Fiscal 2008 Earnings

Comtex News Network, Inc. (OTCBB: CMTX), a leading provider of economically useful electronic real-time news, content and SmarTrend® market products, today announced financial results for its third fiscal quarter and the nine month period ended March, 31, 2008.

Comtex reported $232,000 of operating income and net income of $244,000, or $0.02 per share for the third quarter of fiscal 2008, compared to operating income of $61,000 and a net loss of $(181,000), or $(0.01) per share for the quarter ended March 31, 2007. The growth in profitability resulted primarily from decreases in both fixed product costs and overhead expenses. Comtex's revenues were approximately $1.8 million for both the quarter ended March 31, 2008 and for the third quarter of the previous fiscal year.

Comtex reported operating income of $797,000 and net income of $754,000, or $0.05 per share for the nine months ended March 31, 2008, versus operating income of $83,000 and a net loss of $(192,000), or $(0.01) per share, for the comparative prior year period. Comtex reported revenues of $5.4 million for the nine months ended March 31, 2008 compared to $5.2 million for the nine months ended March 31, 2007. The increase in revenue was primarily due to the realization of approximately $181,000 of previously unrecognized revenue, plus increased sales to existing clients.

For the nine months ended March 31, 2008, EBITDA (as defined and explained in the accompanying note to the table below), excluding the effects of stock- based compensation, was approximately $858,000, compared to $204,000 for the nine months ended March 31, 2007. The increased EBITDA was primarily the result of the collection and recognition of revenue from prior periods, the reversal of accrued expenses related to a legal settlement, and reductions in both fixed product costs and overhead expenses.

Chip Brian, Comtex's President and CEO, stated, "Comtex's third quarter fiscal 2008 financial results show increased profit margins, working capital and stockholders' equity, while revenues remained basically unchanged. Comtex is well positioned to capitalize on the convergence of content and technology to create innovative new products and services."


ELLEIPSIS GLOBAL TRAVEL SOLUTIONS (OTC: EGTS)
"Up 51.69% in morning trading"

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

Elleipsis Global Travel Solutions, Inc., through its wholly owned subsidiary, Elleipsis, Inc., a Nevada corporation, provides travel booking solutions and web services based on the OpenTravel(TM) Alliance (OTA) specifications for the travel industry. Elleipsis Inc. products include the industry leading travel technology TravelTalk® Suite of business solutions. TravelTalk® facilitates travel industry commerce by enabling travel agents and travel industry suppliers to connect clients to the world's largest electronic global distribution systems.

EGTS News:

May 8 - Elleipsis Global Travel Solutions, Inc. Gets Profiled on InvestSource Index

InvestSource, Inc., a multimedia relations/investor relations firm specializing in bringing small- and micro-cap issuers to the attention of the broader public, announced that it has added Elleipsis Global Travel Solutions, Inc. (OTC: EGTS) to its rapidly growing "InvestSource Index" of publicly traded securities.

Elleipsis Global Travel Solutions, Inc. is the latest in a line of companies to recognize the potential benefits of placement in the InvestSource Index, a robust and feature-rich platform that incorporates the latest communications tools to create the most interactive environment for issuers and investors to interact, research, and communicate directly with the company. A full profile of Elleipsis Global Travel Solutions, Inc., including expanded company description, trading charts, and market highlights, is now available on the InvestSource website at www.investsourceinc.com.


ACTIONVIEW INTERNATIONAL INCORPORATED (OTCBB: AVWI)
"Up 27.27% in morning trading"

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

ActionView International's operating subsidiary custom-designs, develops, and manufactures vividly illuminated motion billboards. ActionView places its signs into high traffic locations and markets advertising space on the signs. ActionView shares advertising revenue generated from the billboards with advertising agencies, the local business partner and the location owner. The benefit to advertisers is exposure in high traffic locations at reasonable costs due to the scrolling feature and multiple advertisers. For additional information about ActionView, visit the company's website at www.actionviewinternational.com.

AVWI News:

May 12 - ActionView International, Inc. Announces Letter of Intent for Acquisition Transaction With Jim Palmer Trucking, Inc.

ActionView International, Inc. (OTCBB: AVWI) announced that the company has entered into an initial agreement in the form of a letter of intent for an acquisition transaction with Jim Palmer Trucking, Inc., a leading transportation company headquartered in Missoula, Montana. Jim Palmer Trucking was established in 1966 with one truck and has grown into one of the premier refrigerated carriers in the United States. Jim Palmer Trucking operates in 44 states and maintains a fleet of 350 trucks and 500 trailers.

Jim Palmer Trucking's top five customers by percentage of revenues include Anheuser Busch, the Kroger Co., Coors Brewing Company, C.H. Robinson Worldwide, and Tyson Foods. In addition to its headquarters in Missoula, Montana, Jim Palmer Trucking has terminals in Salina, Kansas and Denver, Colorado. Jim Palmer Trucking also has drop lots located in Fontana, California; Tampa, Florida; Portland, Oregon; Wenatchee, Washington; and Chicago, Illinois.

The initial agreement in the form of a letter of intent provides the framework for a subsequent definitive agreement under which ActionView International would acquire all of the issued and outstanding shares of Jim Palmer Trucking, Inc. in exchange for a majority percentage of ActionView International. The details of the proposed share exchange will be included in the definitive agreement.

The letter of intent outlines additional due diligence, audit work and other terms that must be fulfilled to proceed to definitive agreement and to subsequently effect a close of the transaction.

The post merger plan for Jim Palmer Trucking includes a potential acquisition strategy, the addition of new members to the management team, and the development of additional business lines within the trucking industry while maintaining and growing existing accounts in its core business.

"Jim Palmer Trucking is a mature company with substantial revenues and a solid strategy for additional future growth, and we are extremely pleased to have reached an initial agreement for an acquisition transaction," stated Steven R. Peacock, president/chief executive officer of ActionView International. "We look forward to the completion of the ongoing due diligence and moving to a definitive agreement with Jim Palmer Trucking once the terms of the letter of intent have been met."


LAIDLAW ENERGY GROUP (OTC: LLEG)
"Up 28.57% in morning trading"

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

Laidlaw Energy is engaged in the development of independent power plants that generate electricity from renewable resources, with a particular emphasis on biomass power. Laidlaw Energy's mission is to build and manage a profitable portfolio of biomass facilities through the development of new facilities and acquisition of existing facilities, and in so doing become the leading supplier of biomass power in the United States. Laidlaw Energy is headquartered in New York, New York. For more information, visit www.LaidlawEnergy.com.

LLEG News:

May 12 - Laidlaw Energy Signs Definitive Agreement for the Purchase of New Hampshire Facility

Laidlaw Energy Group, Inc. (OTC: LLEG), through its affiliate, Laidlaw Berlin BioPower, LLC (“Laidlaw”), announced that it has entered into a definitive agreement (the “Agreement”) with North American Dismantling Corp. (“NADC”) to acquire the assets comprising the former Fraser Papers pulp mill located in Berlin, NH. In connection with the execution of the Agreement, Laidlaw has provided a significant “hard money” deposit to NADC in anticipation of the closing of the acquisition.

Commenting on the signing of the Agreement with Laidlaw, NADC President, Rick Marcicki, stated “We are very pleased to have reached this agreement with Laidlaw. Having worked with the principals of Laidlaw on this transaction for more than a year, I feel confident that they are the right company to execute this innovative plan for the conversion of the former Fraser pulp mill to a highly advanced biomass energy plant.”

While the Agreement provides for up to 90 days for the closing of the acquisition, the parties anticipate that the closing will occur much sooner. As discussed in a news release dated 4-1-08, Laidlaw has entered into an agreement with HH Capital Advisors, LLC (www.hhcapital.com) for all of the requisite financing for the acquisition and development of the largest and most environmentally advanced biomass energy facility in the U.S. at the Berlin site.

Commenting on the signing of the Agreement, Laidlaw Berlin BioPower, LLC President and CEO Michael Bartoszek stated “We have spent considerable time negotiating this acquisition and we are very pleased with the outcome. Berlin has all of the elements of a highly successful project. We look forward to closing the acquisition as soon as possible and moving forward with the further development and construction of the project.”

ABOUT THE BERLIN, NH BIOMASS-ENERGY PROJECT

The Berlin project involves the conversion of the former Fraser Paper pulp mill site into a highly advanced biomass-to-energy project that is expected to export approximately 60 megawatts of renewable energy to the New England power grid and utilize over 700,000 tons of clean wood biomass chips per annum. The project involves a capital investment of approximately $100 million and is expected to employ 40 directly and create over 500 indirect jobs. Once completed, the plant is expected to be the largest and among the most environmentally advanced biomass-energy plants in North America.


INNOLIFE PHARMA INCORPORATED (OTC: INNP)
"Up 267.65% in morning trading"

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

Innolife Pharma Inc.'s unique evidence–based and clinically proven centralized pain model approach focuses on reversing the endorphin, serotonin and other significant neurotransmitter pain killer depletion found in chronic pain sufferers. This results in significant long-lasting pain, insomnia and depression relief in your patients without the need for narcotics, drugs, surgery or ongoing supplementation.

INNP News:

May 12 - Innolife Pharma Provides Initial Update on Negotiations for Significant Product Joint Venture

Innolife Pharma, Inc. (OTC: INNP) has been in discussion over the previous eight months regarding the formation of a joint venture partnership. INNP has reached a point in these negotiations where final written terms have been submitted on all key issues which could lead to the Company's very first product acquisition. It should be noted that this process evolved methodically over this extended period due to the successful, long term history of the product involved, and the well-established reputation of its founding corporation.

Management anticipates additional forthcoming news and progress updates on the closing of this transaction that can complete great strides in two specific areas. One is the awarding of valuable rights to Innolife Pharma of an industry leading product. This established brand known for innovation and consistency over more than two decades can be launched in a brand new target market for the first time representing the largest market of this type on a global scale. Secondly, but of equal importance, is the solidifying of a joint venture with a partner of great quality and experience. The intention is to unite the market access and distribution capabilities of INNP with the knowledge, leadership, and existing contacts of our potential joint venture partner.

INNP will continue to reveal details of our aggressive strategy geared towards long term growth as they become available. We are confident that a partnership will emerge and start to bring in revenue in the near term based on the high level of negotiations reached with an industry leader in the information technology field. The Company believes that the size of our target market is potentially in excess of US$20 Billion. Updates will also be available on the Company's official corporate web site at www.innolifepharma.com.


CYCLONE POWER TECHNOLOGIES (OTC: CYPW)
"Up 35.29% in morning trading"

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

Cyclone holds the U.S. patent, international patent applications, and exclusive commercial rights to the Cyclone Engine, an environmentally friendly and highly efficient external combustion, heat-regenerative engine. Developed by Cyclone's President and CEO, Harry Schoell, the Cyclone Engine regenerates (or recycles) its heat, which allows it to run cleaner, cooler and more efficiently than traditional internal combustion engines. The Cyclone Engine is capable of running on any liquid or gaseous fuel, including ethanol, bio-diesel and propane. The company also recently filed a patent application for its Waste Heat Engine, a low-pressure engine capable of running on heat emitted from external sources, including the waste exhaust of a power generator or renewable solar power. Both these engines are lubricated with de-ionized water instead of motor oil, and by eliminating many subsystems like oil pumps, radiators, catalytic converters and fuel injectors, the Cyclone Engines are expected to cost less to manufacture, operate and maintain. The Cyclone Engine is highly scalable and sufficiently powerful for applications ranging from lawn equipment and small home generators, large stand-alone generators, to cars, trucks, buses, RV's, boats and ships, as well as earth moving equipment and locomotives.

CYPW News:

May 12 - Cyclone Power Technologies Files Disclosure Statement

Cyclone Power Technologies Inc. (OTC: CYPW) filed its Disclosure Statement with the Pink Sheets Electronic OTC Markets. The Statement is a complete disclosure of the business, management, material agreements, capitalization and financial condition of the company, current through the most recent reporting period of March 31, 2008. Investors may view this filing on www.PinkSheets.com or www.OTCiq.com.

"We see great things for the future of our green engine technology," stated Cyclone's CEO, Harry Schoell. "As we grow and look to the capital markets, we want to make sure our shareholders have all the most current information they need to evaluate our business. We are working hard to build investor confidence."


DOUGLAS LAKE MINERALS (OTCBB: DLKM)
"Up 18.42% in morning trading"

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Douglas Lake Minerals is an emerging mineral exploration company focused on exploring and developing gold, copper, nickel, uranium and diamond mining opportunities in Tanzania. DLKM has a portfolio of 51 prospecting concessions and is negotiating to acquire an additional 80. For more information go to www.douglaslakeminerals.com.

DLKM News:

May 9 - Douglas Lake Minerals acquires massive 430 sq km alluvial gold deposit

Douglas Lake Minerals (OTCBB: DLKM) announced that it has concluded an agreement with a Tanzanian National who holds the mineral rights to four Prospecting Licenses (PL's). The PL's cover an area of 430 square kilometers, and are situated in Mbwemkuru in the Lindi Region in Southeastern Tanzania.

The area is situated in the SE margin of the Karoo Basin, where there is an interland paleo basin comprising greater than 10 meters of gold bearing gravel and sandy material. The property is currently in small-scale production by the current owner. One of the most significant prospects being a 8 km by 2km block, with high gold concentrations within 1.0 and 1.5 meter zones between the gravel's and the bedrock. Another zone, a 3 by 4 kilometer block, is covered by over 9 meters thick of gravel and sandy material from surface to bedrock. In order to determine the upside potential pertaining to these placer deposits situated in this block a systematic exploration program is planned to commence on June 1, 2008.

On a recent site visit it became obvious that the area has significant potential. The closing date of the transaction should be on or before June 30, 2008.

 
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