OTCPicks.com

FEATURED COMPANY

MONOGRAM ENERGY INCORPORATED (OTC: MGRN)
"Up 14.29% in morning trading"

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

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

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

MGRN News:

June 16 - Monogram Energy, Inc. in Negotiations for Well in Montana Williston Basin

Monogram Energy, Inc. (OTC: MGRN), an independent energy company engaged in the acquisition, development, and exploitation of oil and gas properties, announced that the Company is in negotiations to work over and complete a well located in the Williston Basin in Montana. A registered professional geologist examined the well and reported the following:

"Based on acceptance of the reservoir model and historical characteristics of the producing formations in the Williston Basin, the well is a viable prospect contingent on plugging back the well bore to above the oil water contact and exploiting existing fracture porosity as a hydrocarbon delivery system. Several features of the well make such a course of action particularly attractive, not least of which is the fact that the well is already drilled and cased."

Mr. Billy King, Chief Executive Officer of Monogram Energy, Inc. stated, "Given this and other studies, it is the generally accepted position that this well has the possibility of producing some 600 barrels per day. Consequently, we are moving forward as quickly as possible."

Mr. King became interested in the production of oil & gas during his ten years of employment as an attorney for the Halliburton Company, and with his representation of independent oil companies during his years as a private practitioner. Monogram Energy's goal is to maintain a high risk/reward profile, thereby enabling them to return the most value to its shareholders.

FEATURED COMPANY

BIOSOLAR INCORPORATED (OTC: BSRC)
"Up 20.51% in morning trading"

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 16 - BioSolar Set for Full Scale Production of Flagship BioBacksheet with Selection of Rowland Technologies

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, today announced it has selected Connecticut-based Rowland Technologies, Inc., a leading manufacturer of plastic film and sheet, as its manufacturing partner for full-scale production of the company's flagship BioBacksheet™ solar cell component.

"After an exhaustive selection process it was evident that Rowland Technologies was uniquely positioned to meet our requirements," said Dr. David Lee, BioSolar's CEO. "Specifically, Rowland Technologies' expertise in sophisticated extrusion manufacturing and their highly-regarded custom manufacturing capabilities, coupled with our shared commitment to being both environmentally aware and yet economically feasible, allowed us to achieve the common goal of delivering the highest quality product to our customers."

Dr. Stan Levy, BioSolar's chief technology officer, who spearheaded the selection process, noted that "Rowland Technologies' high-performance products are recognized throughout the industry for their consistency and reliability. In addition to their own film products which include RowTec(R) polycarbonate film, SolaTuf(R) impact modified acrylic film, ROWLAR(TM) photovoltaic glazing film, and Rowlux(R) illusion film, Rowland Technologies makes available their highly experienced Research & Development team for custom extrusion projects. This team, working with their state of the art equipment, makes Rowland a prudent choice for the manufacture of BioSolar's BioBacksheet product."

Commenting further on the company's growth from an early development stage company to a manufacturing company, Dr. Lee said, "I want to emphasize the challenging and time consuming nature of transitioning into manufacturing. We are implementing our internal quality control and measurement standards, developing the logistics for shipping and handling product and building up our marketing and sales infrastructure. This has been an exciting and sometimes exhausting endeavor, but with quality partners like Rowland Technologies, I firmly believe we are on track to achieve commercial success."

In a related development that emphasizes the high level of industry interest in the groundbreaking nature of the BioBacksheet product, the company also notes that Dr. Levy is to deliver a key oral presentation at the SPIE Symposium on Solar Applications and Energy in August of this year. This forum will allow Dr. Levy to discuss in detail the various scientific breakthroughs underlying the company's BioBacksheet™ product.

SPIE Optics+Photonics is the largest optical sciences and technology meeting in North America. The Solar Energy + Applications track of the conference is dedicated to finding ways to move toward secure, affordable, and environmentally sustainable energy to meet the world's accelerating energy needs.

ABOUT ROWLAND TECHNOLOGIES, INC.

Rowland Technologies, Inc., located in Wallingford, CT, is a specialty extruder of high quality film and sheet. Rowland provides leading-edge solutions for a wide range of applications worldwide, including the photovoltaic and solar cell industry. As a premier supplier and contract manufacturer, Rowlands' products deliver the clarity, consistency and reliability demanded by today's exacting standards. To learn more about Rowland Technologies, please visit the company's website at www.rowtec.com.

FEATURED COMPANY

XSUNX INCORPORATED (OTCBB: XSNX)

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

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

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

XSNX News:

June 16 - XsunX to Utilize Germane Manufactured by Voltaix to Improve Tandem Solar Cell Efficiency

XsunX, Inc. (OTCBB: XSNX), a solar technology company, announced that it has secured supply of Germane gas required for its thin film deposition process for the manufacture of solar panels. The Germane, manufactured by Voltaix, LLC, is a key material for production of high efficiency tandem solar cells. XsunX is refurbishing an existing 90,000 sq. ft. building, located in Wood Village, near Portland, Oregon, to house its new multi-megawatt integrated TFPV manufacturing operations.

"The use of Germane allows XsunX to improve the efficiencies of our tandem solar cell design and we are very pleased to be working with Voltaix, a recognized leader in the production of Germane gases," stated Mr. Tom Djokovich, CEO for XsunX. As with the balance of our preferred vendors for various components and materials necessary for our TFPV manufacturing system we've found Voltaix's experience and knowledge very helpful as we progress with the build-out of our thin film photovoltaic solar manufacturing facility," concluded Djokovich.

Voltaix, founded in 1986, is a leading manufacturer of chemicals for the solar and semiconductor industries. Germane gas is a key material for the fabrication of solar cells and semiconductor devices. Voltaix, an ISO certified organization, works with industry leaders to develop materials that enable manufacture of high quality and high efficiency products.

"Voltaix is looking forward to continuing our technical collaborations with XsunX," noted Mike Pikulin, Sr. Vice President of Voltaix. "With more than 20 years of Germane manufacturing experience, we are pleased that our technical insights will contribute to the successful production of improved efficiency solar cells."

For more information about XsunX, visit www.XsunX.com.

ABOUT VOLTAIX, LLC

Voltaix is recognized worldwide for manufacturing high purity specialty gases and chemicals that enhance the performance of solar cells and computer chips. Its products include germane, silicon tetrafluoride, trimethylsilane, and trimethyl boron. Voltaix deploys proprietary manufacturing technologies to provide highly consistent products tailored to increase manufacturing yields, throughput, and device performance.

FEATURED COMPANY

COPPER KING MINING (OTC: CPRK)
"Up 17.65% in morning trading"

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

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

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

CPRK News:

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.

FEATURED COMPANY

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

WAVE SYSTEMS CORPORATION (NASDAQ: WAVX)
"Up 12.50% in morning trading"

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

Wave provides software to help solve critical enterprise PC security challenges such as strong authentication, data protection, network access control and the management of these enterprise functions. Wave is a pioneer in hardware-based PC security and a founding member of the Trusted Computing Group (TCG), a consortium of nearly 140 PC industry leaders that forged open standards for hardware security. Wave’s EMBASSY® line of client- and server-side software leverages and manages the security functions of the TCG’s industry standard hardware security chip, the Trusted Platform Module (TPM). TPMs are included on tens of millions of PCs and are standard equipment on many enterprise-class PCs shipping today. Using TPMs and Wave software, enterprises can substantially and cost-effectively strengthen their current security solutions.

WAVX News:

June 16 - Wave Regains Compliance with Nasdaq Marketplace Rules

Wave Systems Corp. (NASDAQ: WAVX) (www.wave.com) announced that it has received notice from the Nasdaq Listing Qualifications Hearings department that it has regained compliance with the Nasdaq Marketplace Rules 4450(b)(1)(A) and 4450 relating to the market value and minimum bid price of the Company’s Class A Common Stock.

Because the Company has regained compliance with these rules, a previously scheduled hearing with the Listing Qualifications Panel has been deemed moot and will not be held.

SYMPOWERCO CORPORATION (OTC: SYMW)
"Up 57.00% in morning trading"

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

SymPowerco Corporation develops advanced fuel cell and power delivery systems for the rapidly growing personal transportation and portable power system markets being created by today's energy and environmental challenges.

SYMW News:

June 16 - SymPowerco Sees Increasing Need for Alternative Power Systems

SymPowerco Corporation (OTC: SYMW) CEO John Davenport announced benchmark performance and operational details of SymPowerco Corporation's unique Flowing Electrolyte Direct Methanol Fuel Cell (FE DMFC).

The company's operational 5 Watt (5W) FE DMFC, located in the laboratories of SymPowerco's development partner, Carleton University in Ottawa, Canada, proves the viability of the Flowing Electrolyte principle by demonstrating a 30% improvement in output of the fuel cell stack compared to previous designs. The stack generates up to 5 Watts of power with all cells in the stack converging towards essentially identical performance.

The 5W stack demonstrates that the flowing electrolyte design effectively eliminates inefficiencies caused by methanol crossover, a performance-limiting factor found in other DMFC designs. The 5W stack also demonstrates a viable method of removing methanol from the recirculated electrolyte, a method that indicates the potential for several additional operational and performance benefits in future commercial designs.

The 5W stack has provided SymPowerco and its partners with design criteria and performance data that are serving as benchmarks in the design of the imminent next phase of our Flowing Electrolyte DMFC development program.

Stated SymPowerco CEO, John Davenport, "We are very pleased with this 5W unit. It's going to continue to provide us with design and performance data, even as we ramp up the many aspects of our fuel cell program. Almost everything we do next will be based on the benchmarks provided by this fuel cell stack and the hybrid power system that it powers."

SymPowerco Corporation develops advanced fuel cell and power delivery systems for the rapidly growing personal transportation and portable power system markets being created by today's energy and environmental challenges.

AMERIRESOURCE TECHNOLOGIES (OTCBB: ARIO)
"Up 46.67% in morning trading"

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

AmeriResource Technologies, Inc., through its subsidiaries, operates online auction drop-off locations that enables online sale of goods on eBay. As of March 31, 2007, the company operated 8 drop-off locations, as well as 25 affiliate locations. It also develops self-serve/checkout systems that enable customers of fast-food and take-out restaurants to place their food and beverage orders and pay with cash or a credit/debit card; and provides software design and product development for commercial business users doing business on eBay. The company also provides eBay liquidation services for excess inventory, overstock items, and merchandise that has been returned to the retailer; and conducts sales on eBay for the customers. In addition, it provides voice over Internet protocol (IP) communications solutions and IP communications devices. The company was incorporated in 1989 and is based in Las Vegas, Nevada.

ARIO News:

June 16 - AmeriResource Update: BizAuctions Revenues for May 2008 Increase by 75%

AmeriResource Technologies, Inc. (OTCBB: ARIO), a diversified holding company, announced that its subsidiary, BizAuctions, Inc. (OTC: BZCN), a prime provider of commercial eBay liquidation services, May revenues (unaudited) increased by approximately 75% over revenues for the same period in 2007.

"For the month ending May 31, 2008, revenues (unaudited) of approximately $270,465 showed growth of 75% for an increase of $116,031 from $154,434 in revenues for the corresponding month in 2007. BizAuctions provides quality brand merchandise at a discount over retail pricing which appeals to all buyers, particularly in a sluggish economy. BizAuctions' eBay business model continues to show steady growth and it is clear that American companies are in need of commercial liquidation services," noted Delmar Janovec, CEO of AmeriResource.

Management continues to make great strides in reducing overall costs, increasing gross profits, and is close to realizing net profits on a consistent monthly basis. BizAuctions revenues have increased substantially over the last several quarters, and as follows:

Quarter Ended (revenue)

09/30/06 ($192,097)
12/31/06 ($223,123)
03/31/07 ($326,906)
06/30/07 ($438,764)
09/30/07 ($971,965)
12/31/07 ($1,023,756)
03/31/08 ($1,034,000)

"BizAuctions employs two primary business models, whereby it liquidates inventory through eBay on consignment for a lucrative commission; and/or it purchases inventory at a fraction of retail price for the purpose of liquidating it for a profit. BizAuctions consigns, buys inventory, and liquidates through eBay," continues Janovec.

BizAuctions' clients have included some of the Nation's leading retail names at the forefront of their industries. With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate excess inventory on eBay.

BizAuctions' operations are designed for maximum capacity to handle most any eBay liquidation project. Whether the client is a Fortune 500 company with 1,000 items or a small business with 100 items, BizAuctions can take on most any project and recover funds from clients' excess inventory.

More information is available at www.BizAuctions.com. Investors and media can receive a free investor kit for BizAuctions, Inc. by contacting Investor Relations at This email address is being protected from spam bots, you need Javascript enabled to view it or (800) 961-3275. A virtual tour of BizAuctions' facilities and flash video presentation can be viewed at http://www.bizauctions.com/tour.shtml.

CYCLONE POWER TECHNOLOGIES (OTC: CYPW)
"Up 39.47% in morning trading"

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

Cyclone Power Technologies, Inc. engages in the research, design, and testing of cylinder engines. Its engines are used in generators, household, lawn equipment, automotive, power boats, light trucks, trucking, commercial marine, off road construction equipment, and stationary generator applications. The company was founded in 1971 and is based in Pompano Beach, Florida.

CYPW News:

June 16 - The Miami Herald Features Cyclone Power Technologies' Clean, Green, Steam Engine

Cyclone Power Technologies, Inc. (OTC: CYPW) announced that The Miami Herald has featured Cyclone and its revolutionary, eco-friendly engine in its Monday technology section.

Miami Herald reporter, Monica Hatcher, wrote of the award-winning Cyclone Engine and its inventor Harry Schoell: "The rising cost of gasoline, growing acceptance of the evidence behind global warming and the impact of dirty fuels on the environment have quickly brought investors and industry leaders around for a new, more serious look at his enterprise."

Ms. Hatcher also interviewed Joe Audette, an automotive analyst at Global Insight, who she reported saying: "'The engine's ability to run on multiple fuels could give it a significant edge in the marketplace. While engineers and the economy sort out which fuel sources work best, a fuel-flexible engine like the Cyclone could prove useful during the transition,' Audette said."

"We're extremely pleased to receive the attention of the Miami Herald," Cyclone's CEO, Mr. Schoell, commented. "Achieving additional coverage recently from the Orlando Sentinel, Los Angeles Times, Popular Science Magazine, Design News, EngineeringTV.com and the Sun Sentinel is so valuable in bringing the Cyclone Engine's story to the public."

In addition to media attention, Cyclone has recently received wide validation of its technology by being awarded: the 2008 (and 2006) Tech Award at the Society of Automotive Engineering (SAE) World Congress in Detroit; the 2008 "Environmental Business of the Year" by the Environmental Protection Department of Broward County, Florida; and Popular Science magazine's 2008 "Invention of the Year."

"The public at large, media and now industry titans are taking notice of our revolutionary engine technology," noted Mr. Schoell.

The article can be read on the company's web site at www.cyclonepower.com or on the Miami Herald's site for a limited time at www.miamiherald.com/business/story/570864.html.

ETELCHARGE.COM INCORPORATED (OTCBB: ETLC)
"Up 57.14% in morning trading"

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

eTelcharge.com, Inc., a development stage company, provides credit card processing services for merchants in the United States. It develops the initial telephone billing payment option that enables the customers of online merchants with the ability to charge their Internet purchases to their local telephone bill, rather than to a credit card. The company was founded in 1999 and is based in Desoto, Texas.

ETLC News:

June 4 - Etelcharge to Expand Gift Card Offers

ETLC Seeks to Tap $31 Billion Gift Card Market

Etelcharge.com (OTCBB: ETLC), the new online way to pay™, announced that the company will be expanding its digital gift card offers into a much broader gift card assortment in the near future. "Our members like our digital gift card program and they want more choices. We're going to give them more," said Rob Howe, CEO of ETLC. "They want a wider assortment, so we're in discussions with the top providers of gift card solutions in the US, companies like Stored Value Solutions (www.storedvalue.com), to provide our consumers the breadth of selection they want."

"We're focused on tapping into the more than 625 million gift card transactions that US consumers are making every year," stated Howe. "This is just another step for us in building customer value for Etlecharge.com members. Obviously, we believe that by building customer value we are building shareholder value as well."

UNIVERSAL ENERGY CORPORATION (OTCBB: UVSE)
"Up 23.26% in morning trading"

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

Universal Energy Corp., an independent energy company, engages in the acquisition and development of crude oil and natural gas leases in the United States and Canada. As of December 31, 2007, it had working interest in approximately 7,095 acres of land in Louisiana and Texas, as well as in Alberta, Canada. The company, formerly Universal Tanning Ventures, Inc., was founded in 2002 and is based in Lake Mary, Florida.

UVSE News:

June 13 - Universal Energy Corp. Provides Drilling Update #2 on Lone Oak Prospect in Galveston Bay, Texas

Universal Energy Corp. (OTCBB: UVSE) announced that drilling at its Lone Oak prospect in Texas is progressing. The proprietary 3-D seismic with the corresponding subsurface well control provides excellent objectives for this drilling program. "We are pleased with the progress of the well," commented Billy Raley, Chief Executive Officer of Universal Energy Corp. Raley continued, "Our success in this industry is tied to the drill bit. We are excited and believe that Lone Oak will be the fifth producing well for Universal Energy Corp. and its stockholders in 2008."

Drilling operations began on June 5, 2008 to target multiple primary objectives in the Frio-Vicksburg trend. Currently, drilling continues at a measured depth of approximately 4,000 feet. The total depth of the well is planned to be 12,615 feet. Surface casing installation to 2,655 feet has been installed along with blow out preventers.

Dyron Watford, CFO of Universal Energy Corp. stated, "Lone Oak could provide substantial upside for the previously released revenue guidance of our four producing wells."

PACIFIC GOLD CORPORATION (OTCBB: PCFG)
"Up 52.00% in morning trading"

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

Pacific Gold Corp. engages in the identification, acquisition, exploration, and development of mining prospects primarily in the United States. The company, through its subsidiaries, owns claims, property, and leases in Nevada, Oregon, and Colorado. Its property portfolio comprises 68 placer and lode mining claims, including the Black Rock Canyon Mine covering approximately 1,340 acres; 13.67 acres of land; and approximately 440 acres of leased land in Lander County, Nevada. Pacific Gold also owns 16 placer claims covering approximately 320 acres in Josephine County, Oregon, which include the Bear Bench project and Defiance Mine. In addition, the company owns 36 claims covering 640 acres of the Lower Olinghouse Placers, known as Butcher Boy and Teddy located 34 miles east of Reno, Nevada. Further, it has rights to claims within Project W, a tungsten project covering approximately 600 acres in Mineral County, Nevada, as well as owns 24 unpatented lode mining claims in San Juan and Dolores Counties, Colorado. The company was incorporated as Demand Financial International, Ltd. in 1996 and changed its name to Blue Fish Entertainment, Inc. in 2002. Further, it changed its name to Pacific Gold Corp. in 2003. The company is based in Reno, Nevada.

PCFG News:

June 16 - Catalyst Semiconductor Reports Fiscal 2008 Fourth Quarter and Full Year Results

Pacific Gold Corp. (OTCBB: PCFG) announced that it has identified new equipment for the desanding requirements at the Black Rock Canyon mine owned and operated by Nevada Rae Gold, Inc.

The Black Rock Canyon screening plant operates a relatively simple circuit of machinery. First the gold bearing gravels are washed with clean process water. Next the gravel is scrubbed with a series of screens. After being washed and scrubbed the gravel is fed into a centrifugal concentrator where the gold is separated from the gravel and water slurry. Once the gold is removed the remaining gravel and water must then be separated so that the water can be properly recycled and the gravel used for land reclamation.

The screening plant previously failed when after the gold had been removed from the gravel and water slurry, the plant systems could not separate the remaining sand and fine gravels from the plant process water. This caused the sand and gravel to fill up the settling ponds and not allow for the plant to have access to clean process water.

The Company believes that a stacking hydrocyclone added to the screening plant circuit should remove a significant volume of sand and fine gravels that were previously being delivered to the settling ponds. The stacking hydrocyclone specifications show that a significant amount of solids should be removed, prior to the slurry being fed to the plant settling ponds, with a manageable amount of water remaining with the gravel that is removed by the hydrocyclone.

The company has also determined that the use of Geotextile dewatering tubes could potentially eliminate most of the remaining fine gravels from being delivered to the settling ponds and allow for mostly clean water to be reprocessed back into the screening operations.

The Company recently completed a lab test program with Spinpro of Chilliwack, B.C. that showed very promising results using Geotextile tubes. The Company currently has plans to begin a large scale test of the Geotextile tubes at the Black Rock Canyon mine site.

As soon as the remaining plant modifications are completed an on-site test of the new hydrocyclones and Geotextile tubes will begin.

STRIKER OIL & GAS (OTCBB: SOIS)
"Up 20.45% in morning trading"

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

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

SOIS News:

June 13 - Striker Oil & Gas Continues Revenue Growth Strategy

Striker Oil & Gas, Inc. (OTCBB: SOIS) continues to build upon the investments made in 2007 for acquiring and developing new properties. Company officials say:

We have experienced an increase in oil and gas production and reserves year to year from 2007 to 2008. We continue to implement our drilling program during 2008 as we continue our strategy to grow the company through acquisition and development.

Our drilling and acquisition program in 2007 resulted in the addition of 258,426 barrels of oil and 908,320 Mcf of gas in proved reserves to our holdings. In early June 2008 we completed the second well drilled on our Catfish Creek Prospect located in East Texas. Consulting geologists' reports indicate that this prospect could result in 20 to 40 wells. We recently committed to drilling three more wells over the next three to six months. We continue to evaluate additional drilling and acquisition prospects.

Our reserves were valued at $20M as of December 31, 2007, based upon the standardized measure of discounted future net cash relating to proved reserves method of valuing petroleum reserves. This is a $16M, or 447% increase, over the prior year.

Our oil and gas production increased on a year-to-year basis. 2007 oil production increased 112%, or 16,988 net barrels, over 2006 levels, from 15,172 net barrels in 2006 to 32,160 net barrels in 2007. In addition we added significant gas production of 110,456 Mcf in 2007 compared to none in 2006. This new production coupled with higher oil and gas prices led to record revenues for Striker. Our revenue was up 233% compared to the previous year. The company also increased its gross profit from oil and gas operations 217% for the same period to $2,182,710. As a result, Striker has been able to substantially narrow its operating losses.

In addition, in an effort to further increase revenues from our existing production, the company has entered into an agreement to install a 4-mile gas pipeline to connect its gas production from its Catfish Creek Prospect.

As previously disclosed we have been able to narrow our loss from operations (before non-cash charges) from a loss of $1.8M in 2006 to a loss of $960K in 2007.

We are forecasting revenues of $5M for 2008. We believe that proven efforts to increase production and reserves will have a positive effect on our shareholder value, thus lowering our cost of capital and allowing us to further expand our already successful drilling and acquisition program.