OTCPicks.com

FEATURED COMPANY

MONOGRAM ENERGY INCORPORATED (OTC: MGRN)
"Up 40.00% 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:

June 2 - Monogram Energy, Inc. Announces 50% Production Capability Increase in Corsicana, Texas

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's six wells on the T.W. Martin lease are currently producing, and that the three additional wells in the workover process should be completed by the end of June.

The 9 total wells are then expected to produce 2 barrels per day each for a projected yield of 540 barrels per month. This workover progress represents a 50% increase from the May 13th release projections of 270 barrels per month based on production estimates on the initial 6 wells.

The T.W. Martin lease comprises 70 acres with 12 wells and is located in Navarro County, Texas, which produces around 600,000 barrels annually.

"We're very pleased with our progress so far. With a little luck we might even complete our current workovers ahead of schedule," stated Mr. Billy King, Chief Executive Officer of Monogram Energy, Inc.

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

COPPER KING MINING (OTC: CPRK)

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:

June 3 - Copper King Mining Corporation Announces Commitment for Long-Term Financing

OCS Capital Group, LLC Delivers Permanent Financing Commitment Letter

Copper King Mining Corporation (OTC: CPRK), an ore mining, processing, and exploration company located in Milford, Southern Utah, announced that it has obtained a long-term financing commitment for the company’s copper mining and milling operations from OCS Capital Group LLC (OCS).

The OCS financing commitment represents a firm $100,000,000 project funding commitment. The funding is drawn against federal revenue bonds. The bonds, when issued, will be purchased by OCS’s investment banking house. The parties expect it to take up to 4 months to complete the entire funding. OCS is currently negotiating to assist in providing a bridge loan for the company for ongoing operational needs.

OCS, an OCS American Limited Liability Company, is an international bond-law consulting firm with offices in Pennsylvania, Washington DC, and Albuquerque, NM. It is also a consultant on government relations and government affairs. It provides technical and professional services to local, municipal, state and federal government agencies in the United States and South America.

OCS past projects have ranged from $25 Million, up to $8.3 Billion and vary from mining to commercial developments in cities and towns. Additional information will be released as approved by the lender.

FEATURED COMPANY

GENERAL AUTOMOTIVE COMPANY (OTCBB: GNAU)

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

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

General Automotive Company ("GAC") is a provider of original equipment and aftermarket automotive parts, mobile electronics, and related automotive products at multiple levels of distribution throughout the United States and internationally. Through its two wholly owned subsidiaries, Global Parts Direct and OE Source, the company focuses its efforts on utilizing its relationships with manufacturers in China, Korea and Japan to bring state-of-the-art automotive parts, accessories and products to automobile manufacturers and major parts distributors in the U.S. For more information on GAC and its products, visit www.generalautomotive.com.

GNAU News:

June 3 - New Webcast Interview With General Automotive Company's President and CEO Now Available At TheGreenBaron.Com

General Automotive Company (OTCBB: GNAU) (“GA”), a provider of original equipment and aftermarket automotive parts, mobile electronics and related products, announces that a webcast interview with President and CEO Joseph DeFrancisci is now available for listening on the Webcasts page at www.thegreenbaron.com/Webcasts.htm.

This webcast is also available at www.StrictlyStocks.com, “Where Wall Street speaks to the World.”

ABOUT THE GREEN BARON REPORT

The Green Baron Report, a subsidiary of Evergreen Marketing, is an Internet stock market newsletter that focuses on low priced stocks that appear to have significant upside potential. For more information about Evergreen Marketing, Inc. and their subsidiary The Green Baron Investors Society, visit them on the web at www.EvergreenMarketingInc.com and www.TheGreenBaron.com or www.StrictlyStocks.com.

FEATURED COMPANY

USA SUPERIOR ENERGY (OTCBB: USSU)
"Up 25.00% in morning trading"

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

Company Profile:
http://www.otcpicks.com/usa-superior-energy/usa-superior-energy-3.htm

USA Superior Energy Holdings, Inc., a development stage company, operates in the energy industry in the United States. The company, through its wholly owned subsidiary, USA Superior Energy, Inc., engages in the development, ownership, and operation of prospects and energy projects in East and Southeast Texas. It also focuses on using nitrogen technology to recharge and produce oil and gas from under-pressured partially depleted reservoirs. The company was founded in 2005 and is based in Houston, Texas.

USSU News:

June 2 - USA Superior Reports First Quarter 2008 Results

USA Superior Energy Holdings, Inc. (OTCBB: USSU) (the "Company"), a Houston-based energy company focused on acquiring, owning, operating and applying enhanced oil recovery ("EOR") techniques to existing shallow fields of oil and gas that have been idle or marginally producing, is reporting its operating results for the quarter ended March 31, 2008 and its filing of an amended Quarterly Report on Form 10-Q/A for the three months ended March 31, 2008.

For the quarter ended March 31, 2008, the Company's net loss decreased to $516,740, compared to the same quarter 2007 net loss of $3,379,474. The major components of the first quarter 2008 loss were general and administrative expenses of $463,751 including stock based compensation of $207,436. Stock based compensation in the first quarter of 2008 included warrants issued to the Company's financial consultant and shares issued to a key employee. This compares to general and administrative expenses of $3,375,085 including stock based compensation of $3,020,000 in the quarter ended March 31, 2007 related to the reverse merger and compensation of employees and consultants in the Quarter Ended March 31, 2007.

Revenues for the quarter ended March 31, 2008 increased to $115,563 from $15,443 in the same period of 2007. This increase reflects a full quarter of operations of the Bateman Project which was acquired at the comparable quarter's end in 2007. Sales volume for the first quarter 2008 was a net 1,322 barrels, which was a substantial increase over third quarter and fourth quarter volume of 727 barrels and 139 barrels, respectively. This increase represents the successful results of workover and treatment operations in the Bateman Field performed during the first quarter of 2008. The Company anticipates a further sales volume increase for the second quarter of 2008 as sales volume has exceeded a net 1,183 barrels in the month of May 2008. The Company realized an average price of $91.63 per barrel during the quarter ended March 31, 2008.

Mr. Rowland Carey, Chairman and CEO, stated: "For the remainder of 2008 we remain focused on the continuing workover and acceleration of revenue from our Bateman Project and preparations for EOR operations to begin in the second half of 2008. We are also seeking to strengthen our management team, increase our capital base to fund our EOR operations and growth to continue our business strategy of acquiring and joint venturing shallow fields of oil and gas that have been idle or marginally producing."

The following chart summarizes the Company's sales of oil and gas since its acquisition of the Bateman project on March 20, 2007:

The Company's ability to maintain and increase sales from recent levels is dependent on its ability to raise funds to correct its working capital deficit and for the investment of additional funds into the extensive maintenance, workover and planned enhancement operations to accelerate the realization of production volumes.

On May 30, 2008, and substantially ahead of the OTCBB grace period deadline of June 20, 2008, the Company also filed an amended Quarterly Report on Form 10-Q for the three months ended March 31, 2008, which included the required management certifications and independent registered public accounting firm's review of its consolidated financial statements included in its Quarterly Report on Form 10-Q for the three months ended March 31, 2008. In addition, subsequent to the filing of our Form 10-Q, the Company concluded that it was required to restate previously issued financial statements for the quarters ended March 31, 2008 and 2007. Management determined that a restatement was necessary in respect of the following: revision of stock based compensation for 2007, revision of the valuation of stock and warrants to be issued under a financial services contract in 2008, correction of the timing of recording certain transactions in 2007. As a result of these revisions to our financial statements, our previously issued financial statements for the quarters ended March 31, 2008 and 2007 (which were included in our Quarterly Reports on Form 10-Q) should no longer be relied upon. Restated financials for the quarters ended March 31, 2008 and 2007 are included in the filing on Form 10-Q/A filed on May 30, 2008. These changes do not effect the financial statements contained in the Annual Report on Form 10-K for the year ended December 31, 2007, which may continue to be relied upon. For more information, visit www.usa-superior.com.

FEATURED COMPANY

XSUNX INCORPORATED (OTCBB: XSNX)

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

Company Profile: http://www.otcpicks.com/xsunx/xsunx.htm

Xsunx, Inc., a thin-film photovoltaic (TFPV) company, focuses on developing thin film photovoltaic (TFPV) amorphous silicon solar cell manufacturing processes to produce TFPV solar modules. Its product includes XsunX ASI-120 module, which is a 125 peak watt TFPV solar module utilizing glass substrates and a proprietary semiconductor manufacturing system. XsunX ASI-120 provides for a module delivering high power output, and size and framing that would allow for the use of various existing mounting systems. The target markets for the TFPV solar module include solar farms, government agencies, and utility companies, as well as power purchase agreements and large commercial installations worldwide. The company, formerly known as Sun River Mining, Inc., was incorporated in 1997 and changed its name to XsunX, Inc. in 2003. XsunX is headquartered in Aliso Viejo, California.

XSNX News:

May 29 - RedChip Visibility Initiates Research Coverage On XsunX Inc.

RedChip Visibility, a division of RedChip Companies, Inc., has initiated coverage on XsunX, Inc. (OTCBB: XSNX), a company engaged in manufacturing and commercializing thin-film photovoltaic (TFPV) solar cells utilizing amorphous silicon in the growing solar market.

Neha Bhargava, MBA, RedChip Research Analyst, reported:

“XSNX has spent the last three years focused on research with a photovoltaic material called amorphous silicon to develop an amorphous silicon thin-film photovoltaic (TFPV) solar cell manufacturing process to produce TFPV solar modules. The Company is moving in the right direction, exploiting opportunities in the thin-film solar PV market, which we believe will rapidly grow, as it offers the lowest manufacturing cost per watt at the module level and will likely maintain a cost per watt advantage over the more dominant crystalline silicon-based modules.”

“XSNX has announced plans to build a multi-megawatt, TFPV solar module production facility in Oregon. This has provided an imperative swing to XSNX's business model by focusing on the manufacturing and commercializing of TFPV solar cells and puts XSNX on the right path to seize revenue and profit opportunities in the global solar energy market as the Company heads toward commercialization of solar cells,” she continued.

“We initiate coverage of XSNX with a 'Speculative Buy' rating and a 12-month target price of $1.28,” Bhargava concluded.

To receive a complimentary copy of the RedChip Visibility Initial Research Report for XsunX Inc., visit:

www.redchip.com/visibility/about.asp?page=vreport&reportid=111&from=05292008pr.

ABOUT REDCHIP COMPANIES INC.

RedChip Companies is an international, small-cap research and financial public relations firm with offices in Maitland, Florida; Bangalore, India; and Beijing, with affiliates in New York and San Diego. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research(tm), Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Internet TV(tm), and RedChip Radio(tm). To learn more about RedChip's products and services, visit www.redchip.com/visibility/productsandservices.asp.

STOCKS TO WATCH

SPEEDUS CORPORATION (NASD: SPDE)
"Up 100.00% in morning trading"

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

Speedus Corp., through its subsidiaries, engages in healthcare, restaurant, and wireless businesses in the United States. The company has co-invested with Siemens Corporate Research, Inc., a subsidiary of Siemens Corporation, in Zargis Medical Corp. to develop advanced diagnostic decision support products and services that automatically analyze acoustical data from a patient to determine physiologically significant features useful in medical diagnosis for primary care physicians, pediatricians, cardiologists, and other healthcare professionals. It owns 90% of F&B Gudtfood, the creator and operator of the original Eurocentric cafe, which operates a store in Manhattan. The company has a portfolio of patents that provide high-speed wireless communication systems. In addition, it offers Local Multipoint Distribution Service (LMDS) license for developing and deploying LMDS technology that is used for various fixed wireless purposes, including wireless local loop telephony, high-speed Internet access, and two-way teleconferencing. The company, formerly known as SPEEDUS.COM, Inc., was founded in 1995 and is based in New York, New York.

SPDE News:

June 3 - Density Dynamics Acquires Green Technology

DDC Targeting Data Center Energy Crises with Solid State Storage and Data Acceleration to Lower Electricity Use

Density Dynamics Corp. (DDC), recently formed by Speedus Corp. (NASD: SPDE), has acquired the environmentally friendly technology pioneered by TiGi Corp. for high efficiency solid-state storage. The DDC product line responds to the energy use problems identified by IBM as it updated its plans to combat the growing Data Center Energy Crises with Project Big Green (www-03.ibm.com/press/us/en/pressrelease/24244.wss).

The new technology platform delivers cutting edge solid-state storage combined with a proprietary power management system that significantly lowers power use when compared with traditional spinning memory. DDC products are currently under evaluation by several large U.S. corporations for their server networks. The technology significantly improves the performance of legacy server networks and sharply reduces power consumption in data centers and server "farms." DDC will be marketing the initial line of products as well as continuing development of the technology.

"Our initial product, the Rocket, will be the first product in our Green Turbo (GT) line. GT products will build upon the Rocket to enhance performance and reduce electricity costs in large server networks economically and quickly. Using GT products can dramatically speed operations, while reducing equipment footprint, heat generation and electric power use," said Kevin Gonor, formerly Vice President of Sales for Flextronics International and now President of DDC. Gonor added, "The new company's slogan is Think Fast. Think Green. Think DDC."

Speedus, the controlling shareholder of DDC, was joined by CrossHill Georgetown Capital in providing the capitalization for DDC.

ABOUT DENSITY DYNAMICS.

Density Dynamics Corp., located in Washington, DC, can be found on the web at www.densitydynamics.com.

ABOUT CROSSHILL GEORGETOWN CAPITAL.

CrossHill Georgetown Capital, L.P. is an investment fund managed by the principals of CrossHill Financial Group.

LEXICON PHARMACEUTICALS INCORPORATED (NASD: LXRX)
"Up 8.57% in morning trading"

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

Lexicon is a biopharmaceutical company focused on discovering and developing breakthrough treatments for human disease. Through its proprietary gene knockout technology, the company has systematically discovered the physiological and behavioral functions of nearly 5,000 genes. Lexicon currently has development programs underway for areas of major unmet medical need such as irritable bowel syndrome, cognitive disorders, autoimmune diseases, and carcinoid syndrome. The company has used its proprietary gene knockout technology to discover more than 100 promising drug targets and create an extensive pipeline of clinical and preclinical programs in the therapeutic areas of cardiology, gastroenterology, immunology and oncology, metabolism, neurology and ophthalmology. To focus its commitment, Lexicon initiated its 10TO10 program to advance 10 new drug candidates into human clinical trials by the end of 2010. To advance the development and commercialization of its programs, Lexicon is working both independently and through collaborators including Bristol-Myers Squibb Co., Genentech, Inc. and N.V. Organon. For additional information about Lexicon and its programs, visit www.lexpharma.com. The company was founded in 1995 and is headquartered in The Woodlands, Texas.

LXRX News:

June 3 - Lexicon's Drug Candidate for Carcinoid Syndrome Receives Fast Track Status From the FDA

Lexicon Pharmaceuticals, Inc. (NASD: LXRX), a biopharmaceutical company focused on discovering and developing breakthrough treatments for human disease, announced that it has received Fast Track status from the U.S. Food and Drug Administration (FDA) for development of LX1032, an orally-delivered small molecule drug candidate for managing gastrointestinal symptoms associated with carcinoid syndrome. LX1032 is one of four programs in human clinical trials as part of Lexicon's 10TO10 program.

“Fast Track status can accelerate the development and expedite the review of LX1032,” said Arthur T. Sands, M.D., Ph.D., president and chief executive officer at Lexicon. “The FDA recognizes the serious unmet medical need of patients with carcinoid syndrome who no longer respond to standard care and the potential benefits that LX1032 could have for those suffering from this disease.”

Having completed a single-dose Phase 1a clinical trial, Lexicon will initiate a multi-dose Phase 1b clinical trial of LX1032 in June 2008. The Phase 1b trial is a randomized, double-blind, ascending multiple-dose study designed to evaluate the safety and tolerability of LX1032 in approximately 40 healthy volunteers. Lexicon expects data from the Phase 1b clinical trial before the end of the year. Results from this study will be used to support the exploration of potentially therapeutic doses in patients with carcinoid syndrome in accordance with its Fast Track status.

“Lexicon's drug development strategy includes targeting indications for Fast Track status to advance potential medical breakthroughs to market,” said Philip M. Brown, M.D., J.D., senior vice president of clinical development at Lexicon. “Gaining Fast Track status for LX1032 is an important step forward for our development plan. We believe that LX1032 may be an important new therapy to treat patients with carcinoid syndrome who have no other treatment options.”

Lexicon recently completed an initial Phase 1a clinical trial of LX1032, a double-blind, randomized, placebo-controlled, ascending single-dose study in healthy volunteers. The study was designed to evaluate the safety, tolerability, and pharmacokinetics of LX1032 and provided the basis for advancing to the multiple dose study. Lexicon is currently awaiting the analysis of final results from this trial.

Clinical development of LX1032 is being funded through a product development collaboration with Symphony Capital Partners, L.P. and its co-investors.

ABOUT FAST TRACK

FDA's Fast Track program facilitates the development of potential new drugs and expedites the review of new drugs intended to serve unmet medical needs in serious or life-threatening conditions. Fast Track status also provides formal mechanisms for sponsors to communicate with the FDA on product development issues, including clinical trial design. Fast Track benefits include eligibility for an early review process that may significantly shorten FDA approval times by allowing for the possibility of a “rolling submission” for marketing authorization. Carcinoid syndrome is the first therapeutic indication for which Lexicon has obtained Fast Track status.

ABOUT THE TARGET

The target for LX1032 was identified through the Genome5000(tm) program, Lexicon's initiative to identify the function of 5,000 druggable genes in the human genome. LX1032 was discovered and developed at Lexicon as a potent inhibitor of tryptophan hydroxylase (TPH), a rate-limiting enzyme in the synthesis of serotonin. Excessive levels of serotonin have been implicated in symptoms associated with carcinoid syndrome. Its breakdown product, 5HIAA, is a biomarker used in the diagnosis of the condition. In preclinical studies, LX1032 was able to reduce peripheral serotonin and urinary 5HIAA in several different species without affecting serotonin levels in the brain.

ABOUT THE DISEASE

Carcinoid syndrome is a chronic condition that is the result of metastatic neuroendocrine tumors that usually originate from enterochromaffin cells in the gastrointestinal tract. These tumors secrete large amounts of serotonin, which can cause a variety of symptoms including severe diarrhea and abdominal discomfort. According to the American Cancer Society, about 11,000 to 12,000 neuroendocrine tumors and neuroendocrine cancers are diagnosed each year in the United States. Patients with carcinoid syndrome currently have limited therapeutic options and the standard of care includes chronic therapy with somatostatin analogues, which are delivered by injection. With current therapy, the gastrointestinal symptoms return over time in the vast majority of patients, hence the need for new agents. Lexicon's Fast Track designation was granted specifically to LX1032 for the treatment of gastrointestinal symptoms associated with carcinoid syndrome in patients who no longer respond to the standard of care.

QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE (NASD: QTWW)
"Up 7.55% in morning trading"

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

Quantum Fuel Systems Technologies Worldwide, Inc., an integrated alternative energy company, engages in the development and production of propulsion systems, energy storage technologies, and alternative fuel vehicles. The company designs, manufactures, and supplies packaged fuel and battery systems for use in fuel cell, hybrid, hydrogen, and alternative fuel vehicles. Its portfolio of technologies includes advanced lithium-ion battery systems, electronic controls, hybrid electric drive systems, hydrogen storage and metering systems, and alternative fuel technologies that enable fuel efficient, low emission hybrid, plug-in hybrid electric, fuel cell, and alternative fuel vehicles. The company's powertrain engineering, system integration, vehicle manufacturing, and assembly capabilities provide fast-to-market solutions to support the production of hybrid and plug-in hybrid, hydrogen-powered hybrid, fuel cell, alternative fuel, and specialty vehicles, as well as modular and transportable hydrogen refueling stations. Quantum's customer base includes automotive original equipment manufacturers, dealer networks, fleets, aerospace industry, military, and other government entities. The company operates in the United States, Canada, Japan, Germany, and Norway. Quantum has strategic alliance with AM General, General Motors, Sumitomo Corporation, and Unique Performance, Inc. The company was founded in 2000 and is headquartered in Irvine, California.

QTWW News:

June 2 - RedChip Independent Initiates Research Coverage On Quantum Fuel Systems Technologies Worldwide

RedChip Independent, a division of RedChip Companies Inc., has initiated coverage on Quantum Fuel Systems Technologies World, Inc. (NASD: QTWW), a company developing and producing advanced propulsion systems, energy storage technologies, and alternative fuel vehicles, such as the new Fisker Karma plug-in hybrid electric vehicle.

Harry Russell, MBA, RedChip Research Analyst, reported:

“Quantum has made several solid decisions as of late in light of oil prices, the economy, and the government's stance on alternative energy. By shedding its financially cumbersome Tecstar business unit and concentrating on environmentally friendly business units that work symbiotically, the Company is poised for revenue growth, margin expansion, and various economies of scale. In addition, it has strong relationships with large players carrying financial, technological, and political acumen, the most notably of which is General Motors (GM).”

“Quantum has taken a core business of selling propulsion systems to GM and is now developing hybrid vehicles using its affiliate's batteries, design acumen and expertise, and photovoltaic solutions. By so doing, Quantum has generated several large contracts which could be expanded and prove wildly lucrative, while at the same time reducing its exposure to traditional fuel-driven businesses,” Russell continued.

“With rapid revenue growth and higher gross margins expected to lead to sustainable bottom-line profits by 2010, this transition window provides a timely investment opportunity. We recommend accumulation of shares and rate QTWW a 'Speculative Buy' with a 12-month price target of $4.00,” he concluded.

ABOUT REDCHIP INDEPENDENT™

RedChip Companies Inc. is a well-established source of independent research and information on the small-cap market. Dedicated to “Discovering Tomorrow's Blue Chips Today™,” its analysts seek out up-and-coming and undiscovered small-cap companies before they show up on Wall Street's radar screen. To view the full version of this report, including investment conclusion and target price, subscribe to RedChip's Research Community online at www.redchip.com/research/researchmain.asp or call 1-800-REDCHIP.

UOMO MEDIA INCORPORATED (OTCBB: UOMO)
"Up 14.04% in morning trading"

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

UOMO Media Inc. is a multi-channel entertainment company that acquires, produces, and manages intellectual media content and digital assets. UOMO integrates existing and well-established revenue streams in recorded music, publishing, talent management and distribution through its four operating divisions: UOMO Digital Distribution, UOMO Recorded Music, UOMO Talent Management, and UOMO Publishing. PriceWaterhouseCoopers estimates that by 2011, the global media and entertainment industry will be worth US$ 2 trillion.

UOMO News:

June 3 - UOMO Producer is 'Moving Mountains' on Usher's Number One Album

UOMO Media Inc. (OTCBB: UOMO), a multi-channel entertainment and media company, congratulates Tricky Stewart and Redzone Entertainment for their production on two songs, “Moving Mountains” and “It Ain’t Sex” for Usher’s fifth studio album. The newly released album from Usher (Sony BMG) “Here I Stand” is the number one album on the Billboard Album Chart.

“Redzone are hit makers,” said Camara Alford, CEO and Chairman of UOMO Media. “In the last year, Tricky and the team at Redzone have worked with the biggest acts in music today and collaborated on hit after hit. Having worked with the likes of Mariah Carey, Rihanna, Janet Jackson and Usher demonstrate that Redzone is the “must have” production team in the music industry.” Tricky Stewart, in collaboration with Terius (The-Dream) Nash, produced the second single released off of “Here I Stand”. “Moving Mountains” is expected to reach number one on the Billboard Single charts.

Tricky has produced and collaborated on a string of hits this year including songs for Janet Jackson, and Mariah Carey. He has also won Grammy’s for Rihanna and Mary J. Blige. Tricky Stewart and Redzone Entertainment, have an exclusive international management agreement with UOMO Media Inc.

ABOUT REDZONE ENTERTAINMENT INC.

Redzone Entertainment was founded by brothers Tricky Stewart, Mark E. Stewart, and Laney Stewart in 1995. Since then Redzone's discography has grown exponentially with collaborations with some of most talented artists in the world, responsible for over 25 million records sold, producing acts such as Pink, Britney Spears, Celine Dion, Mary J. Blige, and Rihanna.

CRM HOLDINGS LIMITED (NASD: CRMH)
"Up 8.85% in morning trading"

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

CRM Holdings, Ltd. is a provider of workers' compensation insurance products. Its main business activities include underwriting primary workers' compensation policies, underwriting workers' compensation reinsurance and excess insurance policies, and providing fee-based management and other services to self-insured entities. The Company provides primary workers' compensation insurance to employers in California, Arizona, Florida, Nevada, New Jersey, New York, and other states. The Company reinsures some of the primary business underwritten and provides excess workers' compensation coverage for self-insured organizations. CRM is also a provider of fee-based management services to self-insured groups in California. Further information can be found on the CRM Web site at www.crmholdingsltd.com.

CRMH News:

June 2 - Compensation Risk Managers, LLC Reaches Settlement Agreement With the New York Workers' Compensation Board

CRM Holdings, Ltd. (NASD: CRMH) (the "Company"), a leading provider of a full range of products and services for the workers' compensation insurance industry, announced its wholly-owned subsidiary Compensation Risk Managers, LLC ("CRM") has reached a resolution with the New York State Workers' Compensation Board ("WCB").

No fines, no penalties and no admission of wrongdoing were important elements of an agreement signed today between the WCB and CRM. Under the terms of the agreement, CRM, which had voluntarily exited the New York self-insured group market during the second half of 2007 and first quarter of 2008, will voluntarily surrender its third party administrator's license to provide third party claims administrative services to self-insured workers compensation groups in New York.

"I would like to thank the Workers' Compensation Board and Chairman Weiss for working with us to resolve this matter quickly. The group self-insured trust industry is facing some tremendous challenges in the months ahead and we are committed to helping them find solutions wherever we can," said Mr. Daniel G. Hickey Jr., the Company's Chairman and Chief Executive Officer.

Mr. Hickey continued, "An end to this dispute benefits our shareholders, as well as clarifies our defense of the allegations. The resolution of this matter allows us to turn our focus to meeting the needs of our brokers and end users as we continue to selectively expand our business."

The agreement was applauded by State Assemblyman Joel Miller (R - Poughkeepsie) who said that CRM was an important company to the people of Poughkeepsie. "Locally, through its subsidiaries the Company provides jobs and contributes significantly to the local economy. This agreement lets the company go back to focusing all of its time on its future business success. This is good news for Poughkeepsie."

The hearing originally scheduled for May 20, but postponed last week, has been canceled. Both sides consider the matter resolved. As part of the ongoing transfer of CRM's self-insured groups that voluntarily closed, it will continue to assist the WCB in the transfer of the administration of the groups still being managed by CRM to a new third party administrator appointed by the WCB under the Workers' Compensation Law and the WCB's regulations. In a separate matter, CRM agreed to pay $55,000 to satisfy all penalties that previously had been assessed by the WCB.

STRIKER OIL & GAS (OTCBB: SOIS)
"Up 19.00% in morning trading"

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

Striker Oil & Gas, Inc. engages in the exploration, acquisition, development, production, and sale of natural gas, crude oil, and natural gas liquids primarily from conventional reservoirs in the United States. It operates onshore along the Gulf Coast of Texas and Louisiana, as well as East Texas and Mississippi. The company holds interests in the Abbeville field and the West Abbeville prospect located in Vermillion Parish, North Edna field and Welsh Field located in Jefferson Davis Parish, and South Creole Prospect located in Cameron Parish in Louisiana; North Cayuga Prospect in Henderson County and Catfish Creek Prospect in Henderson and Anderson Counties in Texas; and North Sand Hill Field located in Greene County, Mississippi. Striker Oil & Gas is based in Houston, Texas.

SOIS News:

June 3 - Striker Oil & Gas Announces 137 Gross Barrels Per Day Recompletion in Its North Edna Prospect

Striker Oil & Gas, Inc. (OTCBB: SOIS) announced that it has successfully recompleted the LeJeune No. 1 well in its North Edna prospect located in Jefferson Davis Parish, Louisiana. The well came online last week and is currently producing 137 gross barrels of oil per day to the 100% working interest. The decision to move uphole to perforate what could be the best zone in the well was made necessary when the last zone ceased to flow. Based on the current flowing oil rate of the well, payout of the recompletion should occur in less than 15 days. Using current prices and the evaluation of this zone by Striker’s third party reservoir engineering firm, approximately $1,000,000 in net revenue should be generated to Striker’s interest from this single interval. The North Edna Field has produced over 10 Bcf of gas and 700,000 barrels of oil. Striker has a 40% working interest before payout and a 29.6% net revenue interest before payout in this prospect.

“The first two zones in this well have exceeded our initial estimates and we are optimistic on this additional zone,” said Kevan Casey, Chief Executive Officer of Striker. “This recompletion was done in a way that will enable us to go back downhole and evaluate the previously completed zones for additional production in the future using artificial lift.”

BIOSHAFT WATER TECHNOLOGY INCORPORATED (OTCBB: BSHF)
"Up 24.37% in morning trading"

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

BioShaft Water Technology Incorporated is an innovative wastewater treatment technology based on Bio-Filtration utilizing sludge carriers. These plants are made using the Hans BioShaft Turbine that is at the heart of the wastewater technology. It was developed in the Netherlands in 1994 and was improved upon by Dr. Hans Badreddine and implemented as Hans BioShaft®. It is patented in the United Kingdom and the patent is pending in the United States. For further information, visit the company's Web site at www.bioshaft.com.

BSHF News:

June 2 - BioShaft Water Technology Inc. Hires VP of Operations

BioShaft Water Technology Inc. (OTCBB: BSHF) (the "Company" or "BioShaft") announced that Bashar Amin has joined the Company as VP of Operations.

Mr. Amin has more than 15 years of local and international experience in the Water and Wastewater Treatment Industry. Mr. Amin received his Water Resources Control Board Engineer Classification for the State of California and satisfied the academic qualifications for the Professional Engineers of Ontario, Canada.

Mr. Amin has completed more than 100 projects throughout his career. Prior to joining BioShaft, Mr. Amin was the Operations Manager for Aquamatch Inc. and was responsible for the installation and operation of private and municipal water and wastewater treatment systems.

Mr. Amin completed his Masters of Science in Environmental Engineering at the California State University in Fresno.

Dr. Badreddine, CEO of BioShaft, said, "Mr. Amin's experience is a positive contribution to our management team and we look forward to the value he will add as we grow the business."

"I am extremely excited to join BioShaft Water Technology and be a part of this innovative breakthrough in waste water treatment. Through my many years of experience and exposure to global attempts to find solutions that are cost effective, reliable and environmentally friendly, I believe that BioShaft's Technology provides a significant advantage over the competition and existing treatments in the marketplace."

NOVORI INCORPORATED (OTCBB: NOVO)
"Up 13.50% in morning trading"

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

Founded in 2004, Novori (www.novori.com) is a leading online interactive retailer of diamond engagement rings and fine jewelry. Launched in 2005, the Novori brand provides consumers with superior customer service and a better way to buy diamond jewelry. Novori prides itself on the highest quality standards in the industry and offers consumers unique online tools that allow them to explore, build and purchase their own custom made diamond rings in a way not previously offered by traditional retailers. Novori offers thousands of independently certified diamonds, settings and fine jewelry at prices significantly below traditional retail.

NOVO News:

June 3 - Novori Inc.'s Steven Zale Unveils Long Awaited Badgley Mischka Line of Fine Diamond Jewelry

Badgley Mischka, Zalemark Team Designs a Hit

Novori Inc. (OTCBB: NOVO) a leading online interactive retailer of fine diamond engagement rings and jewelry, announced that, pursuant to the upcoming merger with Zalemark Inc., the new Badgley Mischka line unveiled at the Couture Show in Las Vegas, NV was very well received.

The introduction of the line culminated in an organized cocktail party on Saturday, May 31 at the Wynn Hotel, with the famous designer duo in attendance, where several models showed off the Bridal Dress Collection along with hundreds of thousands of dollars worth of the Badgley Mischka bridal jewelry line.

Steven Zale, Director of Novori, Inc. and CEO of Zalemark Inc, as quoted by Rapaport News stated, "Badgley Mischka, which is the famous design house and design team of Mark and James is probably one of the greatest synergy branding relationships to come out in a long time. Badgley Mischka, which is most well renowned and famous for their bridal gowns, has not had a bridal jewelry line."

Rob Caldwell, Director of Public Relations for Badgley Mischka stated, "We are so excited about this — this is Badgley Mischka's first foray into fine jewelry. We do have a costume jewelry collection, but customer demand for fine jewelry has been overwhelming. Mark Badgley and James Mischka really got their start with evening gowns, and the company and their names are really synonymous with glamour, old Hollywood, vintage, classic gorgeousness on the red carpet — and from that, really a lot of women that were wearing these very expensive gowns said, 'Oh, I would love to have this gown in white or ivory or candlelight for my wedding!'

"So that is where the Badgley Mischka Bridal Collection came from. And from that, the brides were saying, 'I would love to have a Badgley Mischka diamond to go with my wedding gown!'"

Visit www.diamonds.net/News/NewsItem.aspx?ArticleID=21798 to view the entire interview.

ABOUT BADGLEY MISCHKA

Badgley Mischka (www.badgleymischka.com) is an American fashion label designed by Mark Badgley and James Mischka. Badgley & Mischka met at Parsons and found a common vision. The two launched the label Badgley Mischka in 1988, though their bridal business launched in 1993. Badgley Mischka's looks are described as "red-carpet-destined evening wear" but generally produced with lighter fabrics and less construction. They are also known for fragrance, handbags, shoes and eyewear.

ABOUT ZALEMARK INC.

Zalemark Inc. (www.zalemark.com) is a Sherman Oaks, CA-based manufacturer of fine jewelry. Steven Zale, award winning jewelry designer and Chairman of the company. Zalemark is a proud supporter of the children of Operation Smile.