OTCPicks.com

FEATURED COMPANY

LANTIS LASER INCORPORATED (OTC: LLSR)

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

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

Lantis Laser was formed to commercialize the application of novel technologies in the dental industry. The criteria for selected products include competitive edge, exclusivity and large market potential. Lantis is currently in Phase 2 development, moving through beta systems, product development and application for FDA clearance and plans to launch the OCT Dental Imaging System™ in the first quarter of 2009. Lantis has exclusive rights to the application of OCT technology in the field of dentistry under its license Agreements with Lawrence Livermore National Laboratory (exclusive); LightLab Imaging (non-exclusive) and AXSUN (exclusive). To find out more about Lantis Laser, visit www.lantislaser.com.

LLSR News:

June 10 - Lantis Laser Commences Phase 3 Development of it's OCT Light-Based Dental Imaging System

Eclipse Product Development Selected for Design, Interface and Documentation Phase

Lantis Laser Inc. (OTC: LLSR) (www.lantislaser.com) announced that it has commenced Phase 3 of the development cycle of its proprietary, highly advanced Optical Coherence Tomography (OCT) Dental Imaging System™. The OCT System is a diagnostic light-based, chairside, system that images in real-time at a resolution of to 10 times x-ray and without any harmful radiation. It is expected to have a major impact on early diagnostics and the advancement of minimally invasive treatment once it is deployed in dental offices.

“Phase 3 development embodies a number of significant events in the evolution of OCT for dentistry,” said Stan Baron, president and CEO of Lantis. “The components of the OCT System that needed to be upgraded to meet the requirements of the fast scanning speed enabled by AXSUN Technologies swept source laser, are being readied for integration into the OCT Beta Systems. We expect to deploy the Beta Systems for clinical use in the July/August timeframe.”

Phase 3 of the product development cycle also requires that the OCT System’s mobile cart will be designed, that the user interface be refined and that documentation in preparation for the FDA filing be prepared. After an extensive review of product design companies, Lantis is pleased to announce that it has selected Eclipse Product Development to undertake this demanding task.

Vice President of Research and Development at Lantis, Doug Hamilton, commented, “OCT is not a modality that many companies have had experience with, so we looked for a company that had a solid industrial design core and the network to bring in the best available resources for each discipline that is deployed in the OCT System. Eclipse provides us with this development model and the flexibility we need to complete this Phase in an efficient and timely manner.”

“All the components leading to up to FDA submission, manufacturing and marketing are now being put into place,” said Baron. “We will be making regular announcements as we progress to keep the investment and dental community abreast of developments”.

ABOUT ECLIPSE PRODUCT DEVELOPMENT

Eclipse, located in Amesbury, MA has over 13 years of experience helping clients commercialize medical, laboratory and dental category technologies. The company is medically oriented and has designed numerous products including complex diagnostic and therapeutic medical and dental equipment and devices. Their development process meets FDA and ISO requirements for design control documentation and verification. Eclipse has developed a strategic business model to include several experienced molding and manufacturing vendor relationships.

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 10 - General Automotive Expands Board of Directors

Managing Partner of Charter Oak International and Former Top Saab Executive Join Board

General Automotive Company (OTCBB: GNAU), a provider of original equipment and aftermarket automotive parts, mobile electronics and related products, announced that Anthony J. Dowd and Kenneth F. Adams have joined its Board of Directors.

Anthony Dowd is the Managing Partner of the private equity partnership, Charter Oak International Partners, as well as a General Partner of Charter Oak Partners, a 32-year-old equity hedge fund. During his 16 years at Charter Oak, Dowd has directed and led the partnerships’ acquisition of, or investment in, privately held businesses. Since founding Charter Oak’s private equity business, Dowd and his team have completed more than 45 acquisitions.

Kenneth Adams, who will serve as Chairman of GA’s Audit Committee, was Vice President and Chief Financial Officer of Saab Cars USA, Inc., a subsidiary of General Motors Corporation and a wholesale distributor of Saab cars, parts and accessories with annual sales of more than $1 billion, for 13 years. He also served on the company’s Board of Directors from 1992 until his retirement in 2005. Adams joined Saab in 1974 as Treasurer and held roles of increasing responsibility over his 31 years with the company. In addition to being responsible for all its financial activities, controls and reporting as CFO, he was a member of the executive team, operations team and chairman of the pension committee.

“Tony and Ken’s vast experience in corporate finance and their business insights will be extremely valuable to General Automotive as we pursue our strategy of growth by acquisition,” commented President and CEO Joseph DeFrancisci. “It is an honor to have people of their stature join our team and help us further GA’s growth and success as we expand our portfolio of operating companies.”

Prior to joining Charter Oak Partners, Dowd was a Senior Associate with James D. Wolfensohn, Inc., a New York-based investment banking firm that advised large domestic and international corporations on mergers and acquisitions. He graduated with distinction from the U.S. Military Academy at West Point with a B.S. Degree in Engineering and earned an M.B.A. from the Wharton School of the University of Pennsylvania. Dowd currently serves on the Board of Directors of several privately held businesses.

Prior to joining Saab in 1974, Adams was an audit manager with Price Waterhouse for six years. A CPA, he received a BS in Finance from Mount Saint Mary’s University. He previously served as a Director and Chairman of the Audit Committee for Telzuit Medical Technologies, Inc.

The election of Dowd and Adams brings the total number of General Automotive directors to five.

FEATURED COMPANY

CARBON SCIENCES INCORPORATED (OTCBB: CABN)

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:

June 10 - Changing Political Climate May Create Massive Market Opportunity for Carbon Sciences

Carbon Sciences, Inc. (OTCBB: CABN), the developer of a breakthrough technology to transform harmful carbon dioxide (CO2) into high value, earth-friendly products, announced its support of regulations to curb emissions of carbon dioxide.

"The political winds have recently shifted in a direction that appears to be very favorable for companies, such as ours, that offer carbon mitigation solutions," stated Derek McLeish, CEO of Carbon Sciences. "Senators John McCain and Barack Obama, the presumptive presidential nominees of their respective political parties both favor regulation. On the Congressional level, the climate change bill sponsored by Senators Joe Lieberman, John Warner and Barbara Boxer has been praised as one of the most important pieces of legislation in a long time. We heartily endorse their efforts."

Last week, Senator McCain launched his November election campaign by vowing to free America from dependence on foreign oil and cited his plans to cut emissions and fight global warming — a clear break from the current administration's energy policy. Democratic nominee, Senator Obama, also announced his support of plans to cap U.S. greenhouse gas emissions.

Active deliberation of legislation is favorable for Carbon Sciences. While the company's current business strategy does not depend on governmental legislation for initial commercial success, the passing of any form of legislation that would regulate carbon dioxide emissions could instantly open up a massive market for the company's breakthrough carbon transformation technology.

Mr. McLeish commented further, "We are in full support of these legislative efforts. Perhaps a successful bill may take a different shape than the current Senate proposal, but we believe that serious political action is highly likely to occur no later than early next year."

"We live in a very exciting time," continued Mr. McLeish. "Since announcing our clean-tech PCC strategy last month, we have received numerous inquiries from interested business partners. The outlook is very encouraging. There aren't many entrepreneurial opportunities in a person's lifetime where one can create great value while serving a noble cause. John Doerr, the legendary Silicon Valley venture capitalist, stated it well when he said that stopping global warming is the largest economic opportunity of the 21st century, and a moral imperative. We agree and are very excited to help meet this challenge."

FEATURED COMPANY

USA SUPERIOR ENERGY (OTCBB: USSU)

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 6 - USA Superior Announces $87 Million Net Present Value of Probable and Proven Reserves in Bateman Field

USA Superior Energy Holdings, Inc. (OTCBB: USSU), a Houston based energy company ("Company") focused on shallow well enhanced oil recovery (EOR) and drilling of existing proven fields that have been idle or marginally producing, announced the completion of its probable reserve studies for its Bateman and Benton Fields. Mr. Rowland Carey, Chairman and CEO, announced, "We have now completed our lengthy analysis of our probable and proven recoverable reserves. The total net present value of our holdings in the Bateman project, when fully developed, is approximately $87 million (standard industry discount rate of 10% with an $100 average price of oil)."

Mr. Rowland Carey, stated, "I am pleased to announce the completion of our Probable and Proven Reserve forecasting and budget project. The net present value of the Probable and Proven Reserves for the Bateman Project is $87 million. We have less than 60 million shares outstanding and certainly believe that the market has not had the necessary information to properly value the Company. We are excited to communicate to the market the results of these studies as the reason for our belief that the Company is dramatically undervalued."

Mr. Carey further stated, "Our management team is proud of where we have brought the Company to this point. Our growth will require us to add additional members to the management team with appropriate expertise and to expand our Board of Directors. Our probable and proven reserve model assumes that we gain the continued access to the capital that is essential to grow, including the capital planned for this quarter of up to $2.0 million. This capital will enable us to maintain our business plan's operational pace and the 2008 production budget targets announced yesterday."

The Bateman project will be the focus of the company's activity in 2008 and 2009. This field's production will be accelerated during 2008. The net production (after payment of royalties) during the ten year life is approximately 1.5 million barrels of oil in the Bateman field. This would total approximately $146 million of net revenue (after royalties).

Mr. Carey additionally stated: "Under USA's current field development program, we intend to re-invest 75% of the cash flow for capital expenditures into field development. The oil production from field development planned in the second half of 2008 permits our margins to increase significantly in 2009 and beyond. This has a substantial impact on our cash flow, with cash flow exceeding our total expenditures substantially during 2009 on our current budget pace. We anticipate utilizing this internal cash flow for other field or acreage acquisition and enhanced recovery opportunities as well as consider joint ventures and investments."

Mr Witte, Vice President of geology, stated: "I think now is an appropriate time to broaden the market's understanding of our holdings. In completing the analysis of the Bateman Field we have identified numerous proven and probable development opportunities. Thirty-six infill-drilling locations have been identified. We are currently in review with our third party reservoir engineer, Cathedral Resources, that does independent proven reserve study updates for SEC purposes, where we are categorizing each infill location."

Cathedral's end of year 2007 reserve report has identified proven reserves of 445,000 net BO with an undiscounted value of $18.9 million and a NPV10% of $3.8 million. A breakdown of the reserves shows PDP reserves of 194,300 net BO with a NPV 10% of $1.9 million from existing wells, and twenty PUD locations with 250,650 net BO with a non-discounted NPV of $11 million and a discounted NPV10% of $1.93 million.

The Company believes that upon continuing execution of our plan of development (wellbore and reservoir enhancement), oil reserves that normally would have been produced far in the future will now be produced within the next 10 to 20 years. In our probable and proven reserve model, we utilize the SEC required guidelines, historic production rates and existing production conditions to determine the NPV. The average PUD has a total operating expense of $311,000 per well over the 75-year expected well life. Reducing the production life of these wells from 75+ years to 10 or 20 years will reduce total operating expenses from $311,000 per well to $61,000 per well over the wells' life. This reduction of expenses and accelerated oil production rate will significantly increase the NPV discount rate of 10% on the PUD identified.

The Company's combinations of technologies — cased hole horizontal stimulation to increase the connectivity between the oil bearing rocks and the wellbore, and nitrogen generators to repressurize the large amounts of oil left in the ground -- is a business model that produces larger increases of oil out of older proven fields at lower cost. Having 6 to 9 months of accelerating production rates will allow the Company to establish a new proven historic production rate, thereby allowing the Company to continue to prove up the viability of these well bore and reservoir enhancement technologies. Much of the oil the Company has in a probable reserve category can then be revised to a proven category for SEC reporting purposes.

In addition to developing the existing proven reservoirs, USA has identified an exploratory potential growth opportunity 600 feet under its Bateman acreage. USA believes it can successfully isolate and exploit an opportunity identified in the Edwards formation using modern completion practices. Early in the discovery and development phase of the field, four wells were drilled in 1982 into the top of the Edwards formation. All wells showed a formation with good porosity and permeability. Results of the fifth well drilled in 1983 on the Company's acreage showed eleven feet of oil sitting on top of water from conventional whole core. The Company controls over 200 acres of this Edwards oil potential in a structural position above the oil-water contact. The Company plans to test this formation later this year by entering one or more of the older wells. While very exciting and of potential value, none of these potential large recoveries are calculated in our probable reserve model.

For more information, visit www.usa-superior.com.

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 10 - Copper King Mining Corporation Announces Preliminary Terms of Long-Term Financing

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

OCS delivered to the company today preliminary terms of the $100,000,000 financing commitment previously supplied, which are: 30-year term at 6.5% per annum interest. No equity will be required as part of the transaction.

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.

STOCKS TO WATCH

BIOSANTE PHARMACEUTICALS INCORPORATED (NASD: BPAX)
"Up 2.85% in morning trading"

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

BioSante is a specialty pharmaceutical company focused on developing products for female sexual health, menopause, contraception and male hypogonadism. BioSante's lead products include LibiGel® (transdermal testosterone gel) in Phase III clinical development by BioSante under a U.S. Food and Drug Administration (FDA) SPA (Special Protocol Assessment) for the treatment of female sexual dysfunction (FSD), and Elestrin™ (estradiol gel) developed through FDA approval by BioSante, indicated for the treatment of moderate-to-severe vasomotor symptoms associated with menopause, currently marketed in the U.S. Also in development are Bio-T-Gel™, a testosterone gel for male hypogonadism, and an oral contraceptive in Phase II clinical development using BioSante patented technology. The current market in the U.S. for estrogen and testosterone products is approximately $2.5 billion and for oral contraceptives approximately $3.0 billion. The company also is developing its calcium phosphate technology (CaP) for novel vaccines, drug delivery and aesthetic medicine (BioLook™). Additional information is available online at www.biosantepharma.com.

BPAX News:

June 10 - BioSante Pharmaceuticals Engages Deutsche Bank As Its Strategic Advisor

BioSante Pharmaceuticals, Inc. (NASD: BPAX) announced that it has engaged Deutsche Bank Securities Inc. as its strategic advisor in connection with the company’s ongoing process to explore strategic alternatives in order to maximize value to its stockholders.

“In view of our dramatic progress in the last year, we believe the time is right to conduct a thorough review of our strategic alternatives. Especially important is our clear path to U.S. FDA approval for LibiGel® (transdermal testosterone gel) in the treatment of female sexual dysfunction, for which we currently are conducting three Phase III clinical trials. Our objective is to submit a LibiGel new drug application (NDA) to the FDA in 2010 for a potential commercial launch in 2011,” said Stephen M. Simes, president and CEO of BioSante. “We are delighted to be working with Deutsche Bank to review strategic alternatives, based on its experience and broad global reach.”

GREEN GLOBE INTERNATIONAL (OTCBB: GGLB)
"Up 29.41% in morning trading"

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

Green Globe International, Inc., through its subsidiaries, engages in the travel, tourism, and related green businesses worldwide. The company offers Voyager Network travel distribution platform providing direct access to reservation systems of various travel suppliers, including airlines, cruise lines, hotels, car rental companies, and providers of other travel amenities worldwide. It searches for availability and price for the itinerary suggested by the buyer over various direct connected suppliers and global distribution systems; and presents the aggregated result in the format preferred by the buyer. The company, formerly known as GTREX Capital, Inc., was incorporated in 1999 and is based in Murrieta, California.

GGLB News:

June 5 - Green Globe International, Inc. Announces Its Support of World Environment Day

Green Globe International, Inc. (OTCBB: GGLB), which owns the Green Globe brand, the premier international green brand focused on sustainability and carbon neutrality programs, announced its support of World Environment Day 2008, commemorated each year on June 5th. World Environment Day 2008 is hosted by the city of Wellington, New Zealand, where the Green Globe brand is used to benchmark and certify hotels for environmental sustainability.

Green Globe hotels in Wellington include the Bolton Hotel, the CityLife Hotel Wellington, the InterContinental Hotel Wellington, the James Cook Hotel Grand Chancellor, The Bay Plaza Hotel, and West Plaza Hotel.

World Environment Day is one of the principal vehicles through which the United Nations stimulates worldwide awareness of the environment and enhances political attention and action. The slogan for World Environment Day slogan for 2008 is "Kick the Habit! Towards a Low Carbon Economy." Recognizing that climate change is becoming the defining issue of our era, UNEP is asking countries, companies and communities to focus on greenhouse gas emissions and how to reduce them. The World Environment Day will highlight resources and initiatives that promote low carbon economies and life-styles, such as improved energy efficiency, alternative energy sources, forest conservation and eco-friendly consumption.

World Environment Day was established by the United Nations General Assembly in 1972 to mark the opening of the Stockholm Conference on the Human Environment. Another resolution, adopted by the General Assembly the same day, led to the creation of the United Nations Environment Programme (UNEP).

UNEP is the voice for the environment in the United Nations system. It is an advocate, educator, catalyst and facilitator, promoting the wise use of the planet's natural assets for sustainable development. On the occasion of World Environment Day, UNEP has launched a guide to low-carbon living, entitled "Kick the Habit: The UN Guide to Climate Neutrality," as well as "Climate Change Adaptation and Mitigation in the Tourism Sector," a report prepared in collaboration with the UN World Tourism Organization (UNWTO).

"Given Green Globe International's focus on environmental sustainability and carbon neutrality programs, World Environment Day provides an excellent opportunity to reiterate our commitment to providing solutions in the areas of energy consumption, water use, waste production and the socio-economic impact of these concerns," stated Steven R. Peacock, Green Globe International chief executive officer.

"Over the next several weeks, we expect to provide to our shareholders and Green Globe stakeholders additional information on the comprehensive solutions that Green Globe International is expecting to provide for communities, destinations, and countries, beginning with our Sustainability and Carbon Neutrality Plan for the Caribbean. This plan and the solutions that it provides will be aligned with the goals of the United Nations, UNEP, UNWTO and other major national and international bodies.

"World Environment Day also reminds us that the most effective solutions for the current concerns over climate change, environmental pollution, water quality and energy use are global in nature. Green Globe is prepared to address those concerns with programs that impact locally but that can be applied cooperatively across borders."

The World Travel and Tourism Council (WTTC) established Green Globe in 1992 as a response to the United Nations Rio de Janeiro Earth Summit, where 182 Heads of State endorsed the Agenda 21 principles of Sustainable Development. Green Globe is the only international benchmarking and certification program based on Agenda 21 principles. It provides a framework for environmental and social performance improvement through independent third party verification.

WELWIND ENERGY INTERNATIONAL (OTCBB: WWEI)
"Up 72.13% in morning trading"

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

Welwind Energy International Corp. is committed to providing the best resource option available for renewable energy, protecting our environment, empowering communities, bolstering local economies and respecting the rights of future generations. Welwind Energy International was founded to build, own and operate wind farms on an international scale. The company's goal is to become a leading provider of clean energy products for the residential, business and Governmental consumer.

WWEI News:

June 10 - Power Purchase Agreement Update From Welwind Energy International Corp.

Welwind Energy International Corp. (OTCBB: WWEI) (the “Company”) announced that it has successfully received final approval for its last two applications made to the Military and the Guangdong Provincial Oceans and Fisheries Bureau. Over 15 applications made have been submitted and approved, including the site selection of the project and the land use permit by the Guangdong Provincial Building Bureau.

The Company has satisfied all 15 departments of the Government with documents being dated May 27, 2008 and translated documents received by Welwind Head office June 6, 2008.

This is exceptional news for the company as it has successfully met every Governmental requirement. As previously stated in the company's conference call, there are multiple applications that have been required by the Company for approval of the Zhanjiang wind farm. More specifically, there are three separate submissions made for each application. Each application requires submission to three separate governing bodies - the local Government, the City and finally the Provincial Government. For example; for the land use permit the Company had to apply to the Donghai Government (local Government), then to the Zhanjiang Oceans and Fisheries Bureau (City application) and finally to the Guangdong Oceans and Fisheries Bureau of the Provincial Government. With over 15 applications to be made on three separate levels, today is a pivotal point for Welwind in meeting each and every requirement.

The Company would like to thank all investors for their ongoing support and fortitude.

SYNERGETICS USA INCORPORATED (NASD: SURG)
"Up 27.15% in morning trading"

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

Synergetics USA, Inc. engages in the design, manufacture, and marketing of precision-engineered, microsurgical instruments, and capital equipment and devices primarily for use in vitreoretinal surgery and neurosurgical applications worldwide. Its products are designed to support micro or minimally invasive surgical procedures. The company designs and manufactures disposable and nondisposable supplies and accessories for use with its products. It also develops various microsurgical instruments, including scissors, retractors, cannulas, forceps, and other reusable and disposable surgical instruments for ophthalmic and vitreoretinal surgical market. The company's neurosurgical product line includes Omni ultrasonic aspirator used for tumor removal, bone removal, and resection; and precision neurosurgical instruments. It offers a lesion generator, which is used for minimally invasive pain treatment. In addition, the company manufactures and sells bipolar electrosurgical generators and other generators based on its DualWave technology, as well as complementary instrumentation and disposable products for use in neurosurgery, spine surgery, pain control, and dental applications. Its Bident Bipolar Tissue Management System allows dentists to work in direct contact with metal implants, nerves, bone, and blood vessels, eliminating collateral tissue damage from current spread and heat buildup. Synergetics sells its products to hospitals, clinics, and surgeons through distributors and independent sales representatives. The company was founded in 1991 and is headquartered in O'Fallon, Missouri.

SURG News:

June 9 - Synergetics USA Reports Fiscal 2008 Third Quarter Results

Company Delivers Over $1 Million in Net Income and an 18% Increase in Revenue Over the Same Quarter Last Year

Synergetics USA, Inc. (NASD: SURG), a leading microsurgery company that designs, manufactures, and markets medical devices for use primarily in ophthalmic surgery and neurosurgery, announced its financial results for the third quarter ended April 30, 2008.

For the third quarter of fiscal 2008, the Company realized revenue of $13.5 million compared to $11.5 million in the corresponding fiscal 2007 period, an increase of approximately 18%. Net income for the 2008 third quarter was $1.1 million, or $0.05 per share, as compared to a net loss of $92,000, or $0.00 per share, for the comparable 2007 quarter. During the third quarter of fiscal 2008, the Company incurred a restructuring charge of approximately $85,000 associated with the merger of its Philadelphia manufacturing facility and the operations and production of generator products into the O’Fallon facility. This charge reduced net income for the quarter by approximately $53,000 (net of tax). Excluding the restructuring charge, net income would have been $1.2 million, a record for the Company.

For the nine months ended April 30, 2008, the Company’s revenue totaled $35.6 million, compared to $32.7 million in the prior year nine month period, an increase of approximately 9%. Net income was $1.5 million for the nine months ended April 30, 2008, as compared to $0.5 million for the nine months ended April 30, 2007. Earnings per share for the nine month period ended April 30, 2008 were $0.06, as compared to earnings per share of $0.02 for the equivalent nine month period last year.

Cash and cash equivalents at April 30, 2008, totaled $138,000, essentially flat as compared to July 31, 2007. The Company had a working capital surplus of approximately $11.0 million at the fiscal 2008 quarter end, compared to a surplus of approximately $10.4 million as of July 31, 2007. The Company’s long term liabilities were $10 million at the end of the fiscal 2008 quarter, a 13% reduction compared to approximately $11.5 million at the end of fiscal 2007. Stockholders’ equity as of April 30, 2008 increased to approximately $35.1 million as compared to $33.4 million at the end fiscal 2007. The Company reports that its borrowing capacity has increased from approximately $3.5 million to $5.3 million under its various lines of credit as of April 30, 2008.

Third Quarter 2008 Background Financial Information:

1) The Company reported a significant increase in revenue, as compared to the same period last year driven primarily by an 11.8% increase in ophthalmology sales, a 50.8% increase in neurosurgery sales and a 9.1% increase in OEM revenues.

2) The Company reported an increase in gross profit margin of approximately 5 percentage points, primarily due to its manufacturing cost savings initiatives, including reducing manufacturing labor and overtime costs and manufacturing supply costs. A change in product mix toward disposable products also contributed to the increased margin.

3) During the quarter the Company reduced its debt by $2.3 million. This debt reduction was a result of the implementation of a new credit policy, which greatly reduced receivables, and a new payables policy, which improved the payment cycle.

4) Following a nine-month revenue absence, the Company started shipping the newly upgraded pain control generator model to Stryker Corporation during the third quarter. The Company has very large backorders for this product. This is expected to positively impact revenues for the fourth quarter of fiscal 2008, the first quarter of fiscal 2009 and beyond.

5) The Company announced the merger of its Philadelphia manufacturing facility and the operations and production of generator products into the O’Fallon plant as part of its overall strategy to continue improving product and component integration and increase operational efficiencies at all levels of the organization. The Company expects to record non-recurring, pre-tax severance and related costs associated with this action of approximately $400,000, with the majority of these being cash costs. The Company expensed $85,000 of this cost during the third quarter. Ongoing annual cost savings from the closing are expected to be approximately $1.5 million, or $0.05 per share. Dr. Jerry Malis will remain as Chief Scientific Officer and will lead five engineers and technicians in the further development of Malis® generators and in providing technical continuity to this product line.

6) In April of this year, the Company filed a civil, antitrust lawsuit in the United States District Court for the Southern District of New York against Swiss-based Alcon, Inc. and its primary operating subsidiary in the U.S., Alcon Laboratories, Inc. The Company believes it has suffered losses in the tens of millions of dollars resulting from Alcon’s alleged unfair practices and we seek a recovery that could exceed $100 million. This lawsuit was filed by Hanly Conroy Bierstein Sheridan Fisher & Hayes, LLP, New York City, in conjunction with SimmonsCooper LLC, East Alton, Illinois. Both firms, having specific expertise in complex commercial litigation, and after thorough analysis of the merits of the Company’s position, have agreed to represent Synergetics in this litigation on a contingency-fee basis.

Commenting on the results of the quarter, Gregg Scheller, Chairman, President, and Chief Executive Officer of Synergetics USA, Inc., stated, “This was a great quarter for Synergetics. The financial performance reported for the quarter reflects the efforts of our entire team to drive top-line growth, reduce debt, increase profitability, and achieve greater overall operational efficiency. It is exciting to see the implementation of multiple strategic initiatives translate into financial success and we expect this to continue. We are also pleased to report that the quarter was positively impacted by shipments of the newly upgraded generator to Stryker.”

Scheller continued, “Going forward we expect to continue our work in increasing revenues and focusing on reducing our inventory levels, aided in large part by the strategic restructuring and deployment of our sales forces. We will remain focused on monitoring key indicators of financial and operational performance, which will allow us to sustain and identify areas for improvement throughout all levels of the organization.”

Nine Months Ended April 30, 2008 Background Financial Information:

* The Company reported an increase of approximately 9% in revenue as compared to the same period last year driven primarily by a 15.6% increase in ophthalmology sales, a 26.8% increase in neurosurgery sales partially offset by a 20.4% decrease in OEM revenues. Shipments of the newly upgraded Stryker pain control unit began in April.

* The Company reported an increase in gross profit margin of approximately 1.5 percentage points primarily due to a selling price increase instituted at the beginning of the fiscal year and manufacturing cost savings initiatives, including reduced manufacturing labor and supply costs. A change in product mix toward higher sales into international markets partially offset these contributions.

RUDY NUTRITION INCORPORATED (OTC: RUNU)
"Up 25.00% in morning trading"

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

Founded by Notre Dame sports legend Daniel "Rudy" Ruettiger, Rudy Nutrition, Inc. is a manufacturer of health conscious "Rudy" branded products that offer great taste as well as healthy choices for parents, kids, athletes, and active people looking for something special. Rudy Nutrition is focused on creating, distributing and licensing "Rudy" branded products that offer healthier alternative choices backed by Rudy's inspirational message of hope — that "never give up" spirit immortalized in the movie "RUDY" — on every product. For more information, visit www.rudynutrition.com, www.rudybeverageinc.com or www.avcg.net.

RUNU News:

June 10 - Doug Herbert NHRA Top Fuel Dragster Is Newest Member of Rudy Nutrition Team

Rudy Nutrition, Inc. (OTC: RUNU) announced that Doug Herbert, owner and driver of the SnaponFranchise.com NHRA Top Fuel dragster has joined on as a member of the Rudy Nutrition team. As a celebrity endorser for Rudy Beverage, Doug will make personal appearances and be featured in advertising and promotional campaigns.

Doug Herbert has nine NHRA (National Hot Rod Association) career wins, 320 NHRA races and a racing-based business that bears his name. He is also a four-time IHRA Top Fuel Champion, winning the coveted title in 1992, 1994, 1995 and 1996. Doug recently piloted his 8,000 horsepower machine in his 500th career NHRA elimination round and currently ranks as one of the top 10 drivers for the 2008 NHRA Powerade Championship Series.

Earlier this year, Doug established a 501(C)(3) foundation called Put on the Brakes, which was inspired by the loss of his two sons, Jon, 17, and James, 12, in a tragic automobile accident in January 2008. The Foundation will educate teenagers about safe driving through their B.R.A.K.E.S. (Be Responsible and Keep Everyone Safe) program.

"I truly believe in the Rudy message of "dream big and never quit," said Doug Herbert. "I am committed to seeing Rudy Beverage in the hands of every racing fan throughout the country. I believe in Rudy and in Rudy Beverage!"

Daniel "Rudy" Ruettiger, Founder and Chairman of Rudy Nutrition commented: "A NHRA Top Fuel Dragster can accelerate from zero to 100 in less than a second and can exceed 280 miles per hour in 660 feet. With the help of Doug Herbert, we believe Rudy Beverage will accelerate very fast in consumer sales and brand loyalty. Doug is a personal inspiration to me. His story is a reminder that when we dream big and never quit great things happen."

In the coming weeks, additional nationally recognized sports personalities who embody the Rudy message of "Dream Big. Never Quit." will to be announced.

GREM USA (OTCBB: GRMU)
"Up 15.38% in morning trading"

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

GREM USA, Inc., a development stage company, engages in the design and manufacture of custom handmade and mass-produced electronic guitars, amplifiers, and accessories. The company was formerly known as Global Business Markets, Inc. and changed its name to GREM USA, Inc. in December, 2004.The company was incorporated in 1999 and is based in Fort Wayne, Indiana.

GRMU News:

June 6 - GREM USA Commences Introductory Merger Talks With Top-Tier Guitar Manufacturer

GREM USA (OTCBB: GRMU) ("GREM" or "the Company"), an emerging leader in the design and manufacturing of custom hand-crafted and electric guitars, announced that the Company has commenced introductory merger talks with a nationally-recognized top-tier guitar manufacturer ("the Manufacturer").

The Manufacturer, who will be disclosed at a later date upon formal agreement of a letter of intent, is widely recognized as a leading producer of guitars throughout the United States and worldwide. The Manufacturer has existing profitable revenues in the tens of millions of dollars, complete and audited financial statements, and is believed to meet the requirements for listing on NASDAQ National Market.

The purpose of the merger would be to afford the Manufacturer the acquisition of a complementary business vehicle to which it may use to access public markets and expand its shareholder base. The benefits of undertaking this transaction with GREM specifically include its existing fully reporting status, its Fort Wayne, Indiana production facility (which could produce significantly more yield with the assistance of the Manufacturer), significant tax advantages to the Manufacturer, and the strong brand recognition of GREM guitars in the high-end market. GREM would intend to continue producing guitars in Fort Wayne, Indiana and would inherit thousands of additional distribution channels for its custom guitars. It is anticipated that the Manufacturer would absorb GREM liabilities as part of the merger terms. Although GREM is envisioned to be the surviving entity, current GREM officers and directors would be replaced by officers and directors of the Manufacturer, resulting in a complete change of control of the Company.

The Company wishes to emphasize that the process is in its initial stages and may take many months to complete, if at all. Considering such, management believes the impact of the proposed transaction to be extremely beneficial to common shareholders. A completed agreement would offer the opportunity for our shareholders to become a part of a mature, profitable company expected to be listed on a major national exchange. Although a share consolidation would be necessary, it is the belief of GREM management that the Manufacturer possesses strong fundamentals and would have little difficulty attracting investment interest into the new entity and maintaining a market capitalization necessary for continued listing on the NASDAQ.

President of GREM USA, Edward Miers, commented, "We're excited about the beginning of this process, and believe it could be a historic transaction in the US markets. Everyway we've looked at this, it makes a lot of sense. Given our current market capitalization of fewer than 500 thousand dollars, we think the merger process with a Manufacturer of this magnitude would add substantial value to our shareholders. If we are able to consummate this process, it would effectively result in GREM shareholders, who may have acquired our shares while we were valued at a couple hundred thousand dollars, a million dollars, or even several million dollars, to own a near-proportionate interest in a Manufacturer that could easily be expected to garner capitalizations exponentially higher than levels GREM has ever achieved. We believe this transaction would result in all shareholders experiencing a considerable appreciation in the value of their holdings, and that's why we're going to work diligently to make this transaction a reality."

Although GREM management believes this proposed merger is achievable, investors are cautioned that there is no guarantee that the described merger will take place, and are also apprised that it would further require a legal and regulatory process of an indeterminate timeframe. GREM will release announcements regarding the proposed merger as they become available.

GOLDEN EAGLE INTERNATIONAL (OTCBB: MYNG)
"Up 14.55% in morning trading"

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

Golden Eagle International, Inc. mines and explores for gold and copper minerals in the Republic of Bolivia. It holds interests in the Cangalli and Tipuani Valley gold properties covering 12,000 acres in western Bolivia; and the Precambrian properties covering 136,500 acres in eastern Bolivia. The company, formerly known as Beneficial Capital Financial Services Corp., was founded in 1988 and is headquartered in Salt Lake City, Utah.

MYNG News:

June 10 - Golden Eagle Commences Initial Shake-Out Operations at C Zone Gold Mill

Golden Eagle International, Inc. (OTCBB: MYNG) reported that it has commenced initial trial shake-out operations at its C Zone gold mill in eastern Bolivia. The Company intends to use this trial period to identify challenges that may occur in full-scale production operations and to formulate solutions to resolve those challenges.

Golden Eagle estimates that it will commence production at its C Zone gold mill at 200 tonnes per day (tpd) of mineralized material by the end of June 2008 if the trial period advances as expected. The Company intends to incrementally expand its mill over the first 6 months of operations to a final projected capacity of 2,000 tpd.

Golden Eagle International, Inc. is a gold and copper exploration and mining company headquartered in Salt Lake City, Utah and with offices also in Santa Cruz, Bolivia. Because the Company has limited financial resources, its efforts have centered on establishing production operations on its gold project on the C Zone within its 136,500 acres (213 square miles) in eastern Bolivia's Precambrian Shield. The Company is also continuing the development of its Buen Futuro A Zone gold and copper project. In addition, Golden Eagle is working with industry consultants regarding the potential expansion of its operations through maximizing the potential of, or selling to third parties and reinvesting the proceeds from, its Gold Bar 3,500 to 4,500 tpd CIP mill located in Eureka, Nevada.

The Company highly recommends that you review its disclosures, risk statements, previous press releases, annual reports, quarterly reports and current reports found at www.geii.com.

KANDI TECHNOLOGIES CORPORATION (NASD: KNDI)
"Up 16.05% in morning trading"

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

Kandi Technologies, Corp., through its subsidiaries, engages in the design, development, manufacture, and commercialization of all-terrain vehicles, go-karts, golf carts, motor cycles, and motor scooters. The company sells its products through dealers in the People's Republic of China, the United States, Europe, and Australia. Kandi Technologies, Corp. is based in Jinhua, the People's Republic of China.

KNDI News:

June 10 - Kandi Technologies Rated 'Strong Speculative Buy' in Update Coverage By Dutton Associates

Dutton Associates updated its coverage of Kandi Technologies (NASD: KNDI), increasing its rating to “Strong Speculative Buy” with a price target of $6.72. The 12-page report by Dutton senior analyst Stanley Ng is available at www.jmdutton.com as well as from First Call, Bloomberg Professional, Zacks, Reuters, Knobias, and other leading financial portals.

Kandi recently announced its financial results for 1Q ended March 31, 2008. Total revenue of $9.5 million in 1Q08 represented a robust 76.4% year-over-year from 1Q07 and a 9.2% quarter-over-quarter increase from 4Q07. The respectable sales advance in 1Q08 was led by the excellent reception for the Company’s exciting line of go-karts, as management has focused on delivering more higher priced, higher performance vehicles rather than solely relying on unit growth. We concurred with management’s view that such strategy can help improve margin and effectively alleviate pressure of rising raw material costs on gross margin. The more encouraging aspect revealed in the 1Q08 financial results is that Kandi will launch its high mileage, off highway super mini cars in July and anticipates sales volume of 5,000 to 10,000 for such vehicles in 2008. Based on an estimated selling price of $4,000 per vehicle, revenue of $20 million to $40 million can be generated from super mini car sales. Contribution from super mini cars would be the major revenue and earnings drivers in the coming two years. Our revised revenue and net income forecasts for 2008 are $64.4 million and $6.7 million respectively, rising sharply to $98.6 million and $11.1 million respectively in 2009. Diluted EPS are now $0.33 for 2008 and $0.56 for 2009. We are upgrading our rating from Speculative Buy to a Strong Speculative Buy on the stock.

ABOUT DUTTON ASSOCIATES

Dutton Associates is one of the largest independent investment research firms in the U.S. Its 30 senior analysts are primarily CFAs and have expertise in many industries. Dutton Associates provides continuing analyst coverage of over 140 enrolled companies, and its research, estimates, and ratings are carried in all the major databases serving institutions and online investors.