OTCPicks.com

For Friday, June 13th

LLSR, USSU, BSRC, XSNX, NXPC
WWEI, BPAX, WNBD, GGLB, TSSP, WNYN, CATS, IRSN

Our Stocks to Watch today include Lantis Laser Inc. (OTC: LLSR), USA Superior Energy Holdings Inc. (OTCBB: USSU), BioSolar Inc. (OTCBB: BSRC), XsunX Inc. (OTCBB: XSNX), NeXplore Corp. (OTC: NXPC), Welwind Energy International Corp. (OTCBB: WWEI), BioSante Pharmaceuticals (NASDAQ: BPAX), Winning Brands Corp. (OTC: WNBD), Green Globe International Inc. (OTCBB: GGLB), TrendSetter Solar Products (OTC: TSSP), Warp 9 Inc. (OTCBB: WNYN), Catalyst Semiconductor Inc. (NASDAQ: CATS) and Irvine Sensors Corporation (NASDAQ: IRSN).

FEATURED COMPANY

QMCI

LANTIS LASER INCORPORATED (OTC: LLSR)
"Up 5.00% in morning trading"

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 13 - Lantis Laser featured on Wallst.net's '3-Minute Press Show'

Tracee Tolentino of WallSt.net’s 3-Minute Press Show recently interviewed Stan Baron, president and CEO of Lantis Laser, Inc. (OTC: LLSR). To view this clip in its entirety, visit http://tv.wallst.net/r/3-minute-press/llsr/102/497.

WallSt.net's 3-Minute Press Show features in-depth interviews with public company executives on their company and most recent press releases. The show is designed to provide viewers with insight into a company's most recent press release, and its impact on the company's growth.


FEATURED COMPANY

QMCI

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 12 - USA Superior Energy Holdings Expanding Production in Bateman Field via the Edwards Formation

USA Superior Energy Holdings, Inc. (OTCBB: USSU) (Frankfurt: F2S.F) is positioning itself to expand production via the Edwards formation starting the first week in July 2008. Jerry Witte, Sr. Vice President Geology, has designed the program to enter the Nauert well #8. This is high on structure in the Bateman Field. It is cased hole to approximately 2,700'. The Edwards formation is a prolific production zone. It is identified as being just 500' below the Austin Caulk. The Edwards has an apparent 18' zone of which 11' could be a major producer. The production will be enhanced with the application of the horizontal stimulus unit.

The Nauert #8 is one of two wells that have been cased to the Edwards formation. There are approximate 200 acres of the Edwards zone in the Bateman Field.

June 11 - USA Superior Energy Holdings' Jerry Witte Requests Removal From Board of Directors Capacity to Advisory Board

Jerry Witte, Sr., VP Geology & Operations and Director of USA Superior Energy Holdings, Inc. (OTCBB: USSU) (Frankfurt: F2S.F), has requested that he be removed from his position on the Board of Directors. He will serve on the corporate Advisory Board. Jerry will remain in a very active capacity in the extended development of the Bateman Field and Zavalla Field. This request will be effective immediately.


FEATURED COMPANY

QMCI

BIOSOLAR INCORPORATED (OTC: BSRC)

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

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

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

BSRC News:

June 11 - BioSolar Highlighted Nationally in Media Reports Focused on Growth of Solar Market and Company's Competitive Advantage

Company's BioBacksheet™ Causing Industry-Wide Interest in Shift to Petroleum-Free Components to Ensure that Entire Solar Industry Becomes Financially Sustainable

BioSolar™, Inc. (OTCBB: BSRC), developer of a breakthrough technology to produce bio-based materials from renewable plant sources that reduce the cost of photovoltaic solar cells, has been cited in recent news media reports exploring the increasing demand for bio-based solar cell components, which will help the entire industry make photovoltaic solar cells more financially viable by substantially lowering the cost of the cells through the use of petroleum-free materials.

In this week’s CLEANTECH column in energy trade publication California Energy Circuit, (CLEANTECH: Making Solar Power Fossil Free, June 6 2008 issue), energy correspondent William J. Kelly discusses the concept of life-cycle testing — utilizing the entire life-cycle of a product and its components to determine its total carbon footprint — noting that solar cells generate 0.04 kilograms of carbon dioxide per kilowatt of electricity generated.1 The article goes on to note that clean energy researchers see that level declining dramatically due to improvements in the materials used to make the solar cells.

“This article recognizes that BioSolar’s BioBacksheet™ is quickly becoming a driving force in a shift to replace plastic petroleum-based solar cell components with environmentally-friendlier fossil-free ones derived from plant-based products,” said Dr. David Lee, CEO of BioSolar. “This industry-wide trend is expected to continue accelerating as the cost benefits of bio-based products continue to far outperform petroleum-based products. Plus, by making solar cells fossil-free, we are also making the solar cell — and the entire solar industry — more financially sustainable. Products like the BioBacksheet™, among other new products from BioSolar, are helping the industry attain its long sought goal of weaning itself from governmental subsidies and achieving economic viability.”

BioSolar was also the subject of a piece in GreenTech Pastures, veteran newsman Harry Fuller’s column at ZDnet.com (http://blogs.zdnet.com/green/?p=1083). Noting that BioSolar’s “BioBacksheet” is made entirely of plant-based materials, Mr. Fuller’s article states that BioSolar has found a “way to really green solar: turning green plants into photovoltaics.”

The article also highlights another compelling business point: while other bio-based plastics are made from corn-starch or potato-starch derivatives, which are currently experiencing a surge in price, all of the plant-based materials used by BioSolar’s products are made from plants that are non-food based. This bodes well for the company’s pricing and market penetration strategy because BioSolar is more insulated from the negative effects of the recent run-up in food commodity pricing.

“This article is further evidence that we are succeeding in our mission to lead the industry both in terms of appealing to our customer base as well as industry influencers and that the products in our development pipeline are poised to experience the same rapid market acceptance in the multi-billion dollar photovoltaic market,” said Lee.


FEATURED COMPANY

IMAGE

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:

June 12 - RedChip Visibility Initiates Research Coverage On XsunX Inc.

Renewable Energy Stocks Highlights XsunX

www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on solar stocks and their environmental impact.
With the controversy faced over Ethanol stocks, investors can gain insight into their green portfolio of solar stocks.

RenewableEnergyStocks.com reports on environmental concerns associated with solar technology and how the industry is responding, featuring XsunX, Inc. (OTCBB: XSNX).

The US Department of Energy reports, "Modern solar electric power-generation systems such as photovoltaics (or PV) are some of the most elegant and environmentally benign energy systems ever invented."

Quoting a report published in January 2008, 'Emissions from Photovoltaic Life Cycles,' "Photovoltaic (PV) technologies have shown remarkable progress recently in terms of annual production capacity and life-cycle environmental performances, which necessitate timely updates of environmental indicators." The report further states, "Overall, all PV technologies generate far less life-cycle air emissions per GWh than conventional fossil-fuel-based electricity generation technologies. At least 89% of air emissions associated with electricity generation could be prevented if electricity from photovoltaics displaces electricity from the grid."

Keeping tabs on life-cycle emissions of carbon, chemicals and heavy metals used in products is nothing new, but the trend now appears to be accelerating which may force some "Green" technologies such as solar PV to revisit their environmental impact and overall carbon and environmental footprint.

Tom Djokovich, CEO, of XsunX, Inc. (OTCBB: XSNX), a solar technology company engaged in the build-out of its multi-megawatt amorphous silicon thin film photovoltaic (TFPV) solar module manufacturing facilities, reports, "There's a growing interest within the sustainable energy industry in developing green credentials across the entire footprint of your brand. Here at XsunX we're working to balance our industrial manufacturing needs and product designs to minimize our impact on the environment we're working to improve."

He continued, "With XsunX, about half of the power our new 25 mega watt solar module manufacturing plant will use comes from renewable energy in the Pacific Northwest, we are recycling an existing building and numerous pieces of support equipment so as not to waste resources and the design of our thin film amorphous solar module does not transfer any toxic materials into the product or environment unlike the heavy metal concerns addressing some of the other module manufacturers in the industry."

As evidence of the growth in accessing long term environmental impact between various solar technologies the January 2008, 'Emissions from Photovoltaic Life Cycles,' report presents a comparative analysis between four PV technologies, "Based on PV production data of 2004-2006, this study presents the life-cycle greenhouse gas emissions, criteria pollutant emissions, and heavy metal emissions from four types of major commercial PV systems: multicrystalline silicon, monocrystalline silicon, ribbon silicon, and thin-film cadmium telluride. Life-cycle emissions were determined by employing average electricity mixtures in Europe and the United States during the materials and module production for each PV system. Among the current vintage of PV technologies, thin-film cadmium telluride (CdTe) PV emits the least amount of harmful air emissions as it requires the least amount of energy during the module production. However, the differences in the emissions between different PV technologies are very small in comparison to the emissions from conventional energy technologies that PV could displace."

Companies that make cadmium-telluride solar cells include Q-Cells and First Solar. According to First Solar's website, "First Solar's advanced CdTe technology is instrumental in accomplishing our environmental mission. CdTe is uniquely capable of producing low cost solar modules, making widespread, cost-effective solar electricity a reality. Its physical properties are optimal for converting sunlight into electricity, resulting in highly efficient photovoltaics with thin (< 3 micron) semiconductor layers. CdTe is a robust material with the demonstrated capacity for high volume, low cost production."

Policies related to the introduction of heavy metals and other hazardous chemicals into the environment differ from region to region with the European Union adopting some of the most stringent guidelines. The Restriction of Hazardous Substances Directive (RoHS) effective in July 2006, in the European Union has attracted concern about its impact on some of the companies in the sector. The restriction mandates a maximum content of 0.1wt % lead (Pb) and 0.01 wt % cadmium (Cd) is allowed in homogeneous materials. The restrictions currently exempt the solar industry but there is a push for the reduction or substitution of the heavy-metal content in the Photovoltaic market in the EU to maintain its green image.

Investors following solar stocks can research the sector using the Renewableenergystocks.com stock directory and also read recent and past columns by on-site solar expert, J. Peter Lynch.


FEATURED COMPANY

QMCI

NEXPLORE CORPORATION (OTC: NXPC)

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

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

NeXplore Technologies is developing a Web 2.0 search engine and an assortment of social networking portals and tools that will enable users to personalize their Web experience and tailor it to their unique needs, interests, and online pursuits. The Company’s social computing platform, MyCircle.com, offers an enhanced, user-friendly graphical interface search engine, combined with innovative backend technology, which enables users to improve the way they connect with information and other people on the Worldwide Web. MyCircle’s Web 2.0 interface provides users with an online tool for sharing their Blogs, Voice-Over IP, photos and documents, podcasts and videocasts, classified advertising, instant messages, SMS text messages, Chat and personal profiles.

NXPC News:

June 13 - NeXplore Featured on WallSt.net's News Magazine

WallSt.net News Magazine, a half-hour television program that airs Sundays at 5:30 p.m. EDT on the Fox Business Network, features compelling interviews with public company CEOs, informative trading strategies from investment professionals, and the latest headlines from public companies from around the world.

Among the companies scheduled to be profiled this weekend are NeXplore Corp. (OTC: NXPC), a company that improves the online experience by providing Web tools and destinations that empower people to drive and define a World Wide Web perfectly suited for their unique needs, interests and online pursuits.


STOCKS TO WATCH

WELWIND ENERGY INTERNATIONAL (OTCBB: WWEI)
"Up 17.24% 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 12 - Ludlow China Upgrades Research Opinion On Welwind Energy International Corp.

Ludlow China Ventures, Inc. upgrades its research opinion on Welwind Energy International Corp. (OTCBB: WWEI), a producer and operator of wind farms in China, with a 'speculative' B+ rating and near term price target of $0.60 per share.

Coverage Summary

Mark Blackwell, alternative energy research analyst with Ludlow Energy Ventures, commented, "The recent approval of applications made to the Military and the Guangdong Provincial Oceans and Fisheries Bureau should now open the door for the company to finalize a power purchase agreement (PPA) with the Chinese government. Once issued, this will open the company to further PPA agreements as the Chinese government pushes for more 'green' energy solutions in the PRC. Thus, Ludlow China Ventures has upgraded its research coverage on WWEI, with a 'speculative' B+ rating and a near-term price target of $0.60-$0.70 per share."

For a link to the full investment opinion, and risks associated with this company, visit www.ludlowchina.com/reports/wwei.htm.

ABOUT LUDLOW CHINA VENTURES, INC

Based in New York City, Ludlow China Ventures (www.ludlowchina.com) is a venture capital and research firm with a specific focus on the Chinese market. Ludlow China owns and operates the Ludlow China Indices, which tracks a wide basket of US traded large and small cap Chinese stocks.


BIOSANTE PHARMACEUTICALS INCORPORATED (NASDAQ: BPAX)
"Up 16.04% 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 12 - BioSante Pharmaceuticals VP of Clinical Development To Present at The Endocrine Society's 90th Annual Meeting

Sunday, June 15, 2008, at the Moscone Center in San Francisco, Calif.

Michael C. Snabes, MD, PhD, vice president of clinical development of BioSante Pharmaceuticals (NASDAQ: BPAX), will be presenting an overview of a key study in the LibiGel® (testosterone gel) development program at The Endocrine Society’s 90th Annual Meeting in San Francisco at the Moscone Center on Sunday, June 15, 2008. The Endocrine Society’s Annual Meeting (ENDO) is a leading venue for physicians and other clinicians who treat endocrine conditions, including female sexual dysfunction.

Dr. Snabes will be presenting a poster entitled, “A Cardiovascular and Breast Safety Study of LibiGel® in Women with Hypoactive Sexual Desire Disorder (HSDD): Study Design and Description of Endpoints.” The poster is one of the few presentations and abstracts identified by The Endocrine Society as “being particularly newsworthy.” A report of these abstracts, and corresponding lay translations for the media, serves as a vital resource for attending journalists during the meeting and a lasting reference guide for reporters. A news conference will be held on Sunday, June 15, 2008, at which time reporters will be invited to view the poster and discuss LibiGel® and the described study with Dr. Snabes.

“It is a privilege to be representing BioSante at such a prestigious event as ENDO, and we are grateful to The Endocrine Society for extending this invitation to us,” said Dr. Snabes. “The Endocrine Society has called for more long-term safety data on testosterone in the treatment of HSDD. BioSante is answering this call by sponsoring this Phase III cardiovascular safety study to show the safety of LibiGel® in menopausal women.”

ABOUT THE ENDOCRINE SOCIETY

The Endocrine Society delivers an unparalleled forum for cross-discipline collaboration with more than 14,000 members in over 90 countries. The Society hosts two annual meetings, ENDO™ and the Clinical Endocrinology Update, and offers ACCME and AMA-compliant CME opportunities. Endocrine research is supported through effective public advocacy and we issue $1.5 million in awards annually. In addition, the Society publishes four prestigious, peer-reviewed journals, as well as Endocrine News, the monthly endocrine magazine that delivers the latest clinical trends and research updates. The Society’s Clinical Practice Guidelines on endocrine disorders are vetted through a rigorous multi-step review process and promotes the standards of excellence embraced by the Society. The Society also has a public education affiliate, The Hormone Foundation, which provides patient materials on a variety of endocrine disorders. These materials are available online at www.hormone.org. To learn more, visit www.endo-society.org.

ABOUT ENDO

During the course of ENDO, over 200 scientific sessions are produced in a variety of formats on topics covering the full range of endocrinology from basic and translational research to clinical practice. The ENDO 08 scientific program includes 16 Plenary Sessions, 160 Meet-the-Professor sessions, over 76 symposia, and 350 speakers representing the world's best endocrinologists.


WINNING BRANDS CORPORATION (OTC: WNBD)
"Up 10.00% in morning trading"

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

Winning Brands Corporation manufactures Winning Colours® Stain Remover for consumer and commercial use as an eco-responsible alternative to traditional solvents. It is gaining popularity for its remarkable gentleness to skin and delicate surfaces, while still being a powerful and versatile stain remover. Main production takes place at the Grand Rapids, Michigan facility of Surefil LLC. Winning Brands' full product range includes a variety of advanced cleaning solutions, such as its non-toxic SMART™ Wet Cleaning liquid alternative to Perchloroethylene used in dry cleaning, KIND™ Laundry Products and CLEAN1™ — the first choice in outdoor cleaning. The company's mission is to replace hazardous chemicals in widespread use with safer alternatives. The initial focus is on cleaning products.

WNBD News:

June 12 - Hackett's Grand Opening Includes Winning Colours® Stain Remover

New Product for One of America's Oldest Stores

Winning Brands Corporation (OTC: WNBD) (Frankfurt: WMU.F) (www.WinningBrands.ca) reports that sales of Winning Colours® Stain Remover at the first store of the Hackett's chain (www.hackettsonline.com) will commence with the Grand Opening of Hackett's new University Plaza location in Canton, New York Saturday June 14th. Winning Brands' Sr. VP Lorne Kelly will represent Winning Brands at the event and will oversee live demonstrations of the popular new stain-removing product. The response of consumers to Winning Colours® Stain Remover will determine next steps for the Hackett's organization.

Hackett's is undertaking an ambitious expansion program since its acquisition by Seaway Capital (www.seawaycapital.com). Hackett's has been a local icon in Northern New York State because of the early origins of the first Hackett's store in 1830, when the birth of the United States was still a living memory. Despite profound changes to society in ensuing generations, the Hackett's name in Upper New York State has been known as the "go to" store. Now, with new ownership and capital, Hackett's is embarking on an expansion program to embrace the 21st century.

Hacketts Joins Winning Brands Retailer Network Winning Colours® Stain Remover is becoming a favorite amongst consumers to remove paint stains and other messes from surfaces that used to be considered too delicate for ordinary solvents and stain removers.

Lorne Kelly expresses appreciation on behalf of Winning Brands that Winning Colours® Stain Remover has been selected by Hackett's to symbolize the retailer's new possibilities for the future. "I'll be there meeting Hackett's customers in person and participating in demonstrations first hand. I love the experience of making nasty stains just go away on the spot. It's fun for everyone," says Kelly. "It is also inspiring that such a venerable old institution is now connecting with the future through Winning Brands products," he adds. "I especially thank people behind the scenes who provided Winning Brands and Hackett's with our initial introduction and helped guide the early discussions to a successful outcome," Kelly concludes. Winning Brands' goal for Winning Colours® Stain Remover is to become North America's favourite stain removing product. Winning Colours® has been making news for its remarkable gentleness on skin while remaining a powerful and versatile helpmate to households and businesses.


GREEN GLOBE INTERNATIONAL (OTCBB: GGLB)
"Up 38.46% 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 13 - Green Globe International, Inc. Releases June 2008 Newsletter Reviewing Continued Worldwide Expansion of the Green Globe Brand

CEO Greeting Addresses Revenue Streams for Green Globe International

Green Globe International, Inc. (OTCBB: GGLB), which owns the Green Globe brand, the premier international green brand focused on sustainability and carbon neutrality programs, issued the June 2008 edition of its investor newsletter, featuring the company's recent agreement with EC3 Global to collaborate on the expansion of the Green Globe benchmarking and certification program worldwide.
The June 2008 newsletter has been added to the Green Globe website and can be viewed at www.greenglobeint.com/articles/1, and a notice will be distributed to subscribers to the company's website-based mailing list.

The newsletter reviews the agreement that expands EC3 Global exclusive rights to deliver Green Globe benchmarking and certification from Asia Pacific to all territories worldwide for the period of the agreement. EC3 Global (www.ec3global.com) is a wholly owned subsidiary of Australia's Sustainable Tourism Cooperative Research Centre (STCRC), the world's largest tourism research organization.

Green Globe International CEO and Managing Director Steven R. Peacock addresses the company's revenue model in his newsletter greeting to shareholders, stating, "The company's macro strategy revolves around the continued growth of Green Globe as the premier international green brand, including establishing the company as a leader in sustainability and carbon neutrality strategies; a leader in measurement and management systems for sustainability and carbon neutrality; a global communicator of sustainability and carbon neutrality achievements for it stakeholders that will include governments, communities and operators; and to grow the equity of the Green Globe brand in travel and tourism in all other industries.

"Specifically, Green Globe International has identified several revenue streams for the company. These include: 1) the licensing or joint venturing with partners to identify and to deliver bundled services, including benchmarking and certification; consultancy and support; 2) the delivery of Sustainability and Carbon Neutrality Programs (SCNP) to assist destinations, including countries, regions, and cities, to achieve sustainability and carbon neutrality; 3) the creation of an online travel portal with booking capability and other online solutions to promote the Green Globe brand and its stakeholders; 4) the affiliation of the Green Globe brand for use by global corporations, directly related to tourism or in its value chain; and 5) the extension of the use of the Green Globe brand into non-tourism industries addressing global sustainability challenges.

"Within the travel industry, where the Green Globe brand has a well-documented history and strong name recognition, major travel corporations engaging Corporate Social Responsibility (CSR) are in need of services for certification, communication, consumer strategies. We expect to develop revenues from these initiatives.

"In 2007, sustainability related industries captured a $1 trillion market, including environmental consultancy, carbon offset/trading, energy technology and others. Only a small portion of that is related to the travel and tourism industry. As a public company in the U.S. markets, Green Globe has been introduced to companies in industries outside of travel and tourism that are seeking a method to demonstrate that they operate using sustainable practices. These companies are another opportunity and a planned revenue stream for Green Globe International.

"Additional revenue opportunities exist in the carbon offset and trading market, with major travel corporations needing services for certification, communications and consumer strategies. Green Globe International will also continue to focus on the issues of poverty alleviation through tourism, and the development of sustainability programs for emerging nations.

"Through all of these efforts, we believe that travel consumers' awareness of, and desire for, sustainable options will increase, thus benefiting Green Globe participants and enhancing revenue opportunities for the company and its shareholders."

Additional newsletter articles highlight Green Globe's support of World Environment Day 2008, Iceland's Snaefellsnes peninsula becoming the first Green Globe certified community in Europe and only the fourth in the world, and Green Globe International Chief Operating Officer Bradley Cox's meetings with Caribbean tourism officials at the 12th Annual Caribbean Hotel and Tourism Investment Conference (CHTIC) to discuss an anticipated agreement for Green Globe to provide sustainability and carbon neutrality solutions for the Caribbean region.

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.


TRENDSETTER SOLAR PRODUCTS (OTC: TSSP)
"Up 50.00% in morning trading"

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

TrendSetter Solar Products, Inc. is a quality manufacturer of solar hot water heating and storage systems in the United States. TrendSetter’s solar hot water systems and storage tanks are uniquely positioned to serve the residential and commercial market. The Company offers a comprehensive range of solar water heating solutions, including solar radiant floor heating options, which are rated and qualify for the new Federal Energy Tax Credit program. A standard residential hot water heater emits approximately one and a half tons of carbon dioxide and carbon monoxide into the atmosphere. TrendSetter’s solar hot water heating and storage systems are emissions free. As global warming and alternate and renewable energies become more of a concern, TrendSetter’s products are one of the answers. For additional information, visit www.trendsetterindustries.com.

TSSP News:

June 11 - TrendSetter Solar Products' New Evacuated Collector Passes Testing for SRCC Certification

TrendSetter Solar Products (OTC: TSSP) announced its new Evacuated Tube Solar Collector has passed Solar Rating and Certification Corporation (SRCC) testing requirements.

The long-anticipated SRCC testing results for TrendSetter’s new evacuated collector have been completed. TrendSetter has been involved in the collector design and development, which gives TrendSetter exclusive rights to the U.S. market. The TrendSetter’s Evacuated Tube Collector was first introduced in June 2007 and submitted for SRCC testing in July 2007. The long-awaited field and laboratory testing process has been successfully completed, and TrendSetter will receive SRCC certification within the next few weeks.

TrendSetter CEO, Dirk Atkinson, stated, “The new TrendSetter Evacuated Tube Solar Collector has been marketed during the last year while undergoing the testing process. The SRCC certification allows the customer to apply for the Federal Energy Tax Credit. Many of TrendSetter’s customers have been anticipating the collector performance results and are willing to purchase the untested collectors for their personal use. The SRCC certification gives the new collector creditability and known performance that can be relied upon by the customers.”

Mr. Atkinson went on to say that “TrendSetter’s financial reports are in the final stages of review and are expected to be completed and released within the next few weeks."


WARP 9 INCORPORATED (OTCBB: WNYN)
"Up 20.20% in morning trading"

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

Warp 9, Inc. provides e-commerce platforms and services for the catalog and retail industry. Its suite of software platforms are designed to help online retailers maximize the Internet channel by using Warp 9's technologies for online catalogs, e-mail marketing campaigns, and interactive visual merchandising. The company offers its products on a fully managed software-as-a-service model. Warp 9 primarily offers two proprietary software systems, Warp 9 Internet Commerce System, an enterprise-grade software system that enables catalogers and retailers to expand their operation to the Internet with customizable features for product presentation and store management; and Warp 9 Email Marketing System, a Web-based email campaign and list management system. It also offers professional services, which include online catalog design, merchandizing and optimization, order management, e-mail marketing campaign development, integration to third party payment processing and fulfillment systems, analytics, custom reporting, and strategic consultation. In addition, Warp 9's strategic marketing consultants develop, deliver, and manage programs, such as paid search advertising, search engine optimization, affiliate marketing, store optimization, and email optimization. The company was founded in 1999 and is based in Santa Barbara, California.

WNYN News:

June 12 - Warp 9 Announces Early Termination of Convertible Debenture, Eliminates Associated Dilution Risk

Warp 9, Inc. (OTCBB: WNYN), the premier provider of robust e-commerce platforms and services, announced that it has prepaid in full the convertible debenture issued by previous management to Cornell Capital Partners LP (now YA Global Investments). This will immediately cease the harmful dilution to the Company's capital structure previously associated with the periodic conversions of the debenture.

Management has been working to reduce the Company's debt burden and this convertible debenture has been a significant focus. The prepayment is the final major step in the Company's debt reduction plan. The Company can now focus its efforts on growing its revenue and profitability. The company is optimistic that the stock price will now come to reflect a much more accurate valuation.

Warp 9 powers some of the most successful e-commerce websites for retailers such as www.magellans.com, and Spiegel Brands' www.carabella.com and www.ablambdin.com.


CATALYST SEMICONDUCTOR INCORPORATED (NASDAQ: CATS)
"Up 12.35% in morning trading"

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

Catalyst Semiconductor, Inc. engages in the design, development, and marketing of reprogrammable non-volatile memory products and analog/mixed-signal semiconductor products. Its products include electrically erasable programmable read-only memory (EEPROM) and flash memory products, which are used in applications to store user reconfigurable data, and in digital cameras, cell phones, digital video recorders, cordless phones, laser printers, memory modules for computers, disk drives, remote controls, and automotive applications, as well as in sale terminals, industrial controllers, local area network adapters, and telecommunication switches; and analog and mixed-signal products comprising supervisory products with EEPROM, supervisory products without memory, digitally programmable potentiometers, white LED drivers, DC to DC converters, LDO regulators, and input/output expanders, which are used in the applications, such as power management, systems supervision, and interface support. The company distributes its products through manufacturers' representatives, distributors, and resellers in North America, South America, Europe, Africa, and Asia. Catalyst Semiconductor was founded in 1985 and is headquartered in Santa Clara, California.

CATS News:

June 12 - Catalyst Semiconductor Reports Fiscal 2008 Fourth Quarter and Full Year Results

* Total Net Revenues Increase 14% YOY and Decrease 2% QOQ
* Analog/Mixed-Signal Revenues Increase 93% YOY and Increase 20% QOQ
* EPS Increases to $0.05 in Q4 FY '08 vs. ($0.03) in Q4 FY '07 and Increases to $0.17 for FY 2008 Compared to ($0.03) for FY 2007
* Gross Margin Increases to 39.6% in Q4 from 38.5% in Q3 and Increases to 37.8% from 33.3% YOY

Catalyst Semiconductor, Inc. (NASDAQ: CATS), a supplier of analog/mixed-signal and non-volatile memory semiconductors used in telecommunications, networking systems, computers, automotive, industrial and consumer markets, today reported financial results for its fourth quarter and fiscal year ended April 27, 2008.

Fourth Quarter of Fiscal 2008 vs Fourth Quarter of Fiscal 2007 Results:

1) Net revenues decreased 5% from $18.4 million in Q4 FY ’07 to $17.5 million in Q4 FY ’08 and decreased by 2% QOQ.

2) Analog/mixed-signal net revenues increased by 44% to $2.7 million in Q4 FY ’08 compared to Q4 FY ’07 and increased 20% QOQ.

3) Gross margin increased to 39.6% in Q4 FY ’08 from 30.3% in Q4 FY ’07.

4) Net Income increased to $820,000, or $0.05 per diluted share in Q4 FY ’08, compared to a net loss of $457,000 or ($ 0.03) per diluted share in Q4 FY ’07.

5) Net revenues from analog/mixed-signal products were $2.7 million, or 15% of net revenues in the fourth quarter ended April 27, 2008, up 20% from $2.3 million, or 13% of net revenues for the quarter ended January 27, 2008, and up 44% from $1.9 million, or 10% of net revenues for the fourth quarter ended April 29, 2007.

Excluding after-tax FAS 123R stock-based compensation charges of $346,000, net income on a non-GAAP basis in the quarter ended April 27, 2008 was $ 1.2 million, or $0.07 per diluted share, compared with non-GAAP net income of $1.1 million, or $0.06 per diluted share, for the quarter ended January 27, 2008, and a net loss of $182,000, or ($0.01) per diluted share, in the quarter ended April 29, 2007. A reconciliation of GAAP to non-GAAP results is provided in the supplemental financial information attached to this release.

The GAAP gross margin percentage for the fourth quarter ended April 27, 2008 was 39.6%, compared with 38.5% in the quarter ended January 27, 2008 and 30.3% in the fourth quarter ended April 29, 2007. The GAAP gross margin percentage improved due to higher percentage of revenues from analog/mixed-signal products, continued migration of our EEPROM products to 0.35 micron process technology and increased efficiencies in our back-end manufacturing operations.

In February 2008, Catalyst announced that its board of directors approved increasing the number of authorized shares under the stock repurchase program to four million shares. During the quarter ended April 27, 2008, the Company repurchased 1.5 million shares under the stock repurchase program. On April 27, 2008 the Company reported cash and short-term investments of $29.6 million, 15.3 million shares outstanding and no debt.

Fiscal 2008 vs. 2007 Results:

A) Net revenues increased 14% to $75.9 million for fiscal 2008 from $66.4 million for fiscal 2007.

B) Analog/mixed-signal net revenues increased 93% to $11.4 million for fiscal 2008 from $5.9 million for fiscal 2007.

C) Gross margin percentage increased to 37.8 % for fiscal 2008 from 33.3% for fiscal 2007.

D) Net Income increased to $2.9 million, or $0.17 per diluted share for fiscal 2008, from a net loss of $429,000 or ($0.03) per share, for fiscal 2007.

E) Net revenues from analog/mixed-signal products were $11.4 million, or 15% of net revenues in fiscal 2008, up 93% from $5.9 million, or 9% of net revenues for fiscal 2007.

Excluding after-tax adjustments for FAS 123R stock based compensation charges of $1.4 million, and non-recurring professional fees related to M&A activities of $556,000 incurred in the second and third quarters of fiscal 2008, net income on a non-GAAP basis in fiscal 2008 was $ 4.8 million, or $0.27 per diluted share, compared with a non-GAAP net income of $1.3 million, or $0.08 per diluted share, for fiscal 2007. A reconciliation of GAAP to non-GAAP results is provided in the supplemental financial information attached to this release.

Management Comments & Outlook

“Revenues for the fourth quarter were slightly lower than our results for the third quarter due to lower levels of memory business than was anticipated. Nevertheless, we are very pleased with our performance this past year, with total net revenues increasing by 14% and analog/mixed-signal product revenues up 93% during the same time period. Our overall gross profit margins improved with the continued EEPROM product migration to 0.35 micron, coupled with greater manufacturing efficiencies in our back-end operations, as well as increased sales of our analog/mixed-signal products. During the second half of fiscal 2008 we began ramping production in our new test subsidiary in Thailand which further reduced our costs. The bottom line is that Catalyst achieved a very solid year of revenue growth and financial performance,” said Gelu Voicu, Catalyst’s President and Chief Executive Officer.

Mr. Voicu also commented, “While the business environment remains challenging, based on our shipment and bookings activity to date during the first quarter of fiscal 2009, we remain cautiously optimistic that revenue growth will resume.”


IRVINE SENSORS CORPORATION (NASDAQ: IRSN)
"Up 7.41% in morning trading"

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

Irvine Sensors Corporation and its subsidiaries engage in the design, development, manufacture, and sale of vision systems and miniaturized electronic products for defense, security, and commercial applications. The company also performs customer-funded contract research and development related to these products primarily for the U.S. government customers or prime contractors. It develops and sells miniaturized infrared and electro-optical cameras, image processors, and stacked chip assemblies; and manufactures and sells optical systems and equipment for military applications. In addition, the company involves in the research and development related to high density electronics, miniaturized sensors, optical interconnection technology, high speed network security, image processing, and low-power analog and mixed-signal integrated circuits for various systems applications. Irvine Sensors Corporation markets its stacked and packaged memory products to original equipment manufacturers and component manufacturers. The company was founded in 1974 and is headquartered in Costa Mesa, California.

IRSN News:

June 10 - Irvine Sensors Receives Nasdaq Staff Determination Regarding Minimum Bid Price

Irvine Sensors Corporation (NASDAQ: IRSN) announced that it received a Nasdaq Staff Determination (the "Staff Determination") on June 5, 2008 indicating that the Company is not in compliance with the $1.00 minimum bid price requirement for continued listing set forth in Nasdaq Marketplace Rule 4310(c)(4), and that the Company's securities are, therefore, subject to delisting from The Nasdaq Capital Market.

Accordingly, unless the Company requests a hearing to appeal the Staff Determination before a Nasdaq Listing Qualifications Panel (the "Panel"), the Staff Determination states that trading of the Company's common stock will be suspended at the opening of business on June 16, 2008 and the Company's securities will be delisted from The Nasdaq Stock Market. The Company intends to request such a hearing before the Panel and present the Company's plan for regaining compliance. Submission of a hearing request not later than 4:00 p.m. Eastern Time on June 12, 2008 will stay the suspension of trading of the Company's common stock and the delisting of the Company's securities pending the Panel's decision. There can be no assurance that the Panel will grant the Company's request for continued listing.

The Staff Determination states that historically, the Panel has generally viewed a reverse stock split in 30 to 60 days as the only definitive plan acceptable to resolve a bid price deficiency, but that the Panel could allow up to 180 calendar days from the date of the Staff Determination if the Panel deems it appropriate. The Company has already filed a preliminary proxy statement with the Securities and Exchange Commission on May 21, 2008 which contains a proposal to be voted upon by stockholders at the Company's Annual Meeting for the authority to effectuate a reverse stock split should such action be required to maintain Nasdaq listing.

Irvine Sensors Corporation (www.irvine-sensors.com), headquartered in Costa Mesa, California, is a vision systems company engaged in the development and sale of miniaturized infrared and electro-optical cameras, image processors and stacked chip assemblies, the manufacture and sale of optical systems and equipment for military applications through its Optex subsidiary and research and development related to high density electronics, miniaturized sensors, optical interconnection technology, high speed network security, image processing and low-power analog and mixed-signal integrated circuits for diverse systems applications.

 
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