FEATURED COMPANY

MONOGRAM ENERGY INCORPORATED (OTC: MGRN)

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

Company Profile:
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 24 - Monogram Energy Inc. Issues Shareholder Update

Monogram Energy, Inc. (OTC: MGRN), an independent energy company engaged in the acquisition, development, and exploitation of oil and gas properties, wishes to congratulate its shareholders for the confidence they have shown in a small, but growing company. Monogram has just received payment on its first sale of oil from the T.W. Martin lease in Navarro County, Texas. The oil produced is sold to Plains Marketing, LP, a national concern specializing in the transportation, storage and marketing of crude oil, with its home office located in Houston, Texas.

Mr. Billy King, Chief Executive Officer of Monogram Energy, Inc., stated, "It's very rewarding to finally reap some benefits from our efforts. We really do thank our shareholders for hanging in there with us."

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 it to return the most value to its shareholders.

FEATURED COMPANY

MARINE EXPLORATION INCORPORATED (OTC: MEXP)
"Up 12.50% in morning trading"

Detailed Quote: www.otcpicks.com/quotes/MEXP.php

Company Profile:
www.otcpicks.com/marine-exploration/marine-exploration-2.htm

Marine Exploration, Inc., a development stage company, engages in marine treasure hunting expeditions. It involves in the exploration and recovery of deep-ocean shipwrecks, including the marketing, sale, and distribution of recovered artifacts, replicas, merchandise, and books through various retail and wholesale sales channels. The company was incorporated in 1996 as Jenkon International, Inc. and changed its name to Multimedia K.I.D., Inc. in 1999. Later, it changed its name to SYCO, Inc. in 2006; and to Marine Exploration, Inc. in 2007. The company is based in Denver, Colorado.

MEXP News:

June 25- Marine Exploration Incorporated Featured on Wallst.net's '3 Minute Press Show'

WallSt.net's “3-Minute Press Show,” a daily video program hosted by WallSt.net reporter, Tracee Tolentino, airs Monday through Friday on http://tv.wallst.net.

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

Recently, Tolentino interviewed Rob Stevens, Director of Financial Communications for Marine Exploration, Inc. (OTC: MEXP). To view this clip in its entirety, visit www.tv.wallst.net/r/3-minute-press/wsdave/124/579.

FEATURED COMPANY

GUYANA GOLD CORPORATION (OTC: GYGC)
"Up 9.59% in morning trading"

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

Company Profile: http://www.otcpicks.com/guyana-gold/guyana-gold.htm

Guyana Gold Corporation is a junior mineral exploration company that specializes in identifying, acquiring and developing precious and base metal properties as well as assessing whether certain claims possess exploitable commercial and precious mineral reserves. The Company's objective is to develop a balanced global portfolio of early-to-advanced stage projects. Guyana is currently focused on gold projects in the Caribbean. The Company's key mineral project is located in the region of Port Kaituma, in which the Company holds a 50% interest as part of its joint venture with Octagon Mining Corp. The main interests along the Guyana Shield are gold, diamond and bauxite and, recently, semi-precious stones.

GYGC News:

June 23 - Guyana Gold Corp. in the Heart of a Gold-Mining Boom in Guyana

Guyana Gold Corp. (OTC: GYGC) is an aggressive junior gold exploration company developing exploration opportunities in geographic areas with a proven history of geological discovery in Guyana, South America. Recent significant gold discoveries by Guyana Goldfields Inc., Strata Gold Corp. and Sacre-Coeur Minerals Ltd. — along with a major exploration presence in the country by Newmont Mining — have placed Guyana to the forefront of the gold exploration sector.

The country is in the heart of a prolific gold region called the Guiana Shield — also encompassing parts of Venezuela, Suriname and French Guiana. Geologically, this is believed to be the broken-off extension of the West African Shield hosting the Birimian gold belt in Ghana where at least 100 million ounces of gold has been identified to date.

Guyana Gold Corp has a joint venture with Octagon Mining Corp. which is comprised of 6 blocks, with each block consisting of 1,200 acres and 44 claims, for a total of 7,200 acres and 264 claims. These claims are located in the Port Kaituma Region in Guyana. Guyana Gold Corp. plans to have production on its key property increased over the next 60 days, and has announced it has made application for additional land claims to further enhance the company's exploration programs.

For more information on the GYGC and its properties, visit the company's website at www.guyanagoldcorp.com.

FEATURED COMPANY

COPPER KING MINING (OTC: CPRK)
"Up 2.22% in morning trading"

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

Company Profile:
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 24 - Copper King Mining Corporation Provides Project Updates

Copper King Mining Corporation (OTC: CPRK), an ore mining, processing, and exploration company located in Southern Utah, provided the following updates concerning its mining and processing operations near Milford Utah:

Copper King today announced that its prime electrical power line contractor for the Flotation Mill project, Probst Electric of Heber Utah, has delivered all the power poles and conductor wiring for the Mill’s power line. Construction will commence the first week of July and is projected to be completed within 5 weeks. Bruno Engineering of Price Utah provided the design and the power line engineering for the Mill’s substation and other adjacent buildings. Toshiba Corporation supplied the design and engineering for the high tech, cutting edge computerized Mill control system that will control the Mill’s operations circuit. Completion is projected for late summer 2008.

FEATURED COMPANY

XSUNX INCORPORATED (OTCBB: XSNX)
"Up 6.33% in morning trading"

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 24 - Renewable Energy Stocks Sector Close-Up Includes XsunX

Raised Targets, Japan Reinstating Solar Subsidies and Technical Trading Incite Run

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 with commentary from solar expert J. Peter Lynch, Adam Krop, Vice President-Equity Research at Ardour Capital Investments and Robert Wilder, Manager of the WilderHill Clean Energy Index.

Among the stocks featured is XsunX Inc. (OTCBB: XSNX), a thin-film photovoltaic (TFPV) company, focused on developing thin film photovoltaic (TFPV) amorphous silicon solar cell manufacturing processes to produce TFPV solar modules.

Renewable Energy Stocks solar expert, J. Peter Lynch, commented, "Solar stocks are beginning to come back from their recent correction. About half of the stocks I follow have broken above their 50-day moving averages. If the tax credits get extended the whole sector will run up, but it will require a close eye and the ability to exit quickly if the extension fails."

FEATURED COMPANY

NEXPLORE CORPORATION (OTC: NXPC)

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

Company Profile: 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 24 - World Discount Telecommunications Supports Launch of ALLVOI Internet Phone Service With Ad Campaign on NeXplore Search

NeXplore Corporation (OTC: NXPC) announced that World Discount Telecommunications (WDT), a global provider of discount local, long-distance and international landline and wireless calling services, has signed an advertising contract to support the launch of ALLVOI™ (www.ALLVOI.com), the company's new low-cost, feature-rich Voice Over Internet (VoIP) telephone service for domestic and international calls.

Under the terms of the agreement, NeXplore will serve targeted ALLVOI advertising impressions on NeXplore Search (www.NeXplore.com) and other NeXplore Web destinations. The ALLVOI advertising agreement builds on an established WDT advertising partnership with NeXplore initiated in September 2007.

ALLVOI's advertising campaign on NeXplore includes a blend of sponsored key word search results and impression ads on NeXplore Search, an innovative Web 2.0 search destination optimized for a superior end-user experience, rich-media display and social network integration. In addition, rich-media, interactive ALLVOI banner ads will run on NeXplore's growing portfolio of Internet properties.

Roman Talis, CEO of WDT and ALLVOI, said, "We are very excited about working with NeXplore to promote ALLVOI. Customers will get a free month of service with this promotion and will enjoy ALLVOI's high quality service and industry low prices. We've entered this market with the intention of serving customers who are adopting VoIP as a cost savings measure over traditional phone service. With gas and food prices going up, we think consumers will like saving two to three hundred dollars per year by choosing to make VoIP calls. This partnership with NeXplore is logical because people looking to save will search on NeXplore to find the best prices available."

"Offering marketers an innovative blend of cost-effective, high-yield digital advertising options is NeXplore's hallmark," said Scott Grizzle, chief marketing officer for NeXplore Corporation. "We work closely with our advertising customers to ensure their ad campaigns are optimally built and targeted to drive traffic and conversions. We are pleased to extend our relationship with WDT, and we are committed to driving awareness of ALLVOI."

ABOUT WORLD DISCOUNT TELECOMMUNICATIONS

World Discount Telecommunications (WDT) provides a wide range of telecommunications services for individuals and businesses worldwide, including local, long-distance, international long distance, wireless phone services, and VoIP. ALLVOI is a competitively priced, feature-rich VoIP service. With ALLVOI, customers pay less for their long-distance and international calls. No contracts. No monthly fees. No hidden charges. For more information, visit www.allvoi.com.

STOCKS TO WATCH

VELOCITY EXPRESS CORPORATION (NASDAQ: VEXP)
"Up 191.37% in morning trading"

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

Velocity Express Corporation, together with its subsidiaries, provides logistics solutions to consumers and businesses in the United States and Canada. It offers distribution logistics services, which include the receipt of customer bulk shipments that are divided and sorted at metropolitan locations and delivered to multiple locations; scheduled logistics services comprising daily pickup and delivery of parcels; and expedited logistics services, including expedited point-to-point service for customers with time sensitive delivery requirements. The company primarily serves customers operating in the healthcare, commercial and office products, financial, transportation and logistics, technology, and energy sectors. Velocity Express Corporation was founded in 1979 and is headquartered in Westport, Connecticut.

VEXP News:

June 25 - Velocity Express Announces $30 Million Service Agreement with Leading USA Retailer

Velocity Express Corporation (NASDAQ: VEXP), the leading provider of time definite delivery and logistics solutions in the United States, announced that they have been awarded a multi-year contract valued in excess of $30 million to service Stage Stores, Inc’s, Peebles brand stores throughout the Midwest, Northeast and Southeast. Velocity will be providing a total transportation solution which will include daily store replenishment and vendor inbound transportation services to 310 Peebles stores.

Stage Stores, Inc., based in Houston, Texas, brings nationally recognized brand name apparel and accessories, cosmetics and footwear to small and midsize towns throughout the United States. From more than 715 stores, the company operates under the “Bealls,” “Palais Royal” and “Stage” name throughout the South Central and Southwestern states and under the “Peebles” name throughout the New England, Mid Atlantic, Southeastern and Midwestern states.

Gough Grubbs, SVP Distribution and Logistics for Stage Stores, commented, “We are very excited about our new partnership with Velocity Express. We believe that Velocity’s extensive network across our regions, strength of their retail management team, and their retail IT platform make them an excellent long term partner.”

Vincent Wasik, CEO of Velocity Express, stated, “We have worked very hard over the last few years to build the infrastructure, management team and IT systems that support the increasing demands of the top retailers in the United States. Our new agreement with Stage is confirmation that the top retailers recognize the value that Velocity brings to this business segment. Stage operates one of the most efficient supply chain networks in the United States, and we are very proud to be associated with Stage.”

JUHL WIND INCORPORATED (OTCBB: JUHL)
"Up 72.00% in morning trading"

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

Juhl Wind is an established leader in Community Based Wind Power development and management, focused on wind farm projects throughout the United States and Canada. Juhl Wind pioneered community-based wind farms, developing the currently accepted financial, operational and legal structure providing local ownership of medium to large scale wind farms. To date, the Company has completed 11 wind farm projects and provides operations management and oversight across the portfolio. Juhl Wind services every aspect of wind farm development from full development and ownership to consultation. Additional information is available by visiting www.juhlwind.com or by calling (877) 584-5946 (or 877-JUHLWIN).

JUHL News:

June 25 - Juhl Wind, Inc. Formed Via Merger with MH&SC Inc.

Juhl Wind Inc. (OTCBB: JUHL) and MH&SC announced that it has closed a $5,160,000 private placement concurrent with a business combination with Juhl Energy Development Inc. and DanMar & Associates Inc., two Minnesota-based wind power development companies under common control that specialize in “Community Wind Farms”. The combined company will operate under the name Juhl Wind, Inc. and will assume and execute the Juhl Wind business plan as its sole business.

Juhl Wind Inc. operates two wholly-owned subsidiaries that have been engaged in the development of community wind power in various communities in the Midwestern United States. Through its subsidiaries, Juhl Energy and DanMar, Juhl Wind has developed 11 wind farms producing approximately 117 megawatts of wind power – enough to power over 35,000 homes. Currently, Juhl Wind is engaged in various aspects of development of 16 new wind farms totaling approximately 400 megawatts of wind power. Juhl Wind’s “Community Wind” differs from larger, utility owned wind farms by sharing the majority of wind farm ownership with the actual land owners and local communities.

Juhl Wind, Inc. is led by Dan Juhl, a respected pioneer and acknowledged expert of wind power development in the U.S., having been active in the wind industry since the mid-1980’s. As a result of the transaction, Mr. Juhl has become the company’s Chairman and CEO. “The private placement and public merger are significant steps for the future of Juhl Wind,” stated Dan Juhl. “By going public and providing strategic growth capital, we are positioned to continue our leadership in the development of community wind in the Midwest and throughout the U.S. and Canada. Our goal is to continue to build the community wind segment of the wind power industry at a time when wind power is seeing such explosive growth.”

“We have had great success over the years developing Community Wind,” continued Dan Juhl. “Our projects are based on the formation of partnerships with the farmers upon whose land the wind turbines are installed. This type of wind power has been labeled “community wind power” because the systems are actually owned by the farmers themselves and the local communities they serve. We are proud to be leading the development of community wind, bringing the huge environmental and economic benefits of wind power to the actual people that it serves.”

Currently in the United States, wind energy accounts for 6% of renewable electricity generation and nearly 1% of total electricity supply. The United States Department of Energy recently issued its report titled “20% Wind Energy by 2030” (http://www1.eere.energy.gov/windandhydro/pdfs/41869.pdf) calling for 20% of all electricity production to be produced by wind by the year 2030.

After the closing of the merger and private placement, Juhl Wind Inc. had 25,160,000 shares of common stock outstanding inclusive of 5,160,000 shares of series A preferred stock sold in the private placement (convertible at any time into a like number of shares of common stock). The series A investors also received five-year warrants to purchase up to 2,580,000 shares of our common stock at exercise prices ranging from $1.25 to $1.75 per share. The private placement was led by institutional investors including Vision Opportunity Master Fund Ltd. And Daybreak Special Situations Fund LP. The securities sold in the private placement and the merger have not yet been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States in the absence of an effective registration statement or exemption from registration requirements. This new release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.

LIGHTPATH TECHNOLOGIES INCORPORATED (NASDAQ: LPTH)
"Up 25.00% in morning trading"

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

LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies in the United States and internationally. It offers precision molded glass aspheric optics, precision molded infrared molder optics, isolators, proprietary fiber-optic collimators, GRADIUM glass lenses, and other optical materials used to produce products that manipulate light. The company's products have applications in defense products, medical devices, barcode scanners, optical data storage, hybrid fiber coax datacom, telecom, machine vision, and sensors. LightPath Technologies sells its products through its sales force and distributors. It has operations in Europe, North Africa, and Asia. The company was founded in 1985 and is headquartered in Orlando, Florida.

LPTH News:

June 25 - LightPath Technologies Signs Two New Multi-Year Contracts Worth $1 Million

LightPath Technologies Has Signed Two New Multi-Year Contracts With a Combined Value of $1 Million With Chinese Manufacturers for Applications in Closed Circuit Television and Communications

LightPath Technologies, Inc. (NASDAQ: LPTH) announced it has signed two new multi-year contracts with a combined value of $1 million with Asian manufacturers for custom precision aspheric lenses for applications in closed circuit television and communications. The signing of these contracts brings the total number of Asian contracts to five. Three of the contracts are for new business in markets that LightPath has not previously entered. These agreements represent continued success towards the fulfillment of LightPath's business strategy to broaden its market opportunities in Asia into high volume, lower cost applications. These custom lens programs are being designed in LightPath's Shanghai design center and product will be produced from LightPath's Shanghai manufacturing facility.

According to Jim Gaynor, President & CEO, "These contracts further demonstrate LightPath's successful direct entry into the Asian market and brings the total number of contracts won to date in China to five. LightPath's total backlog is approaching $5 million with 40% of that backlog in the Asian market. Of the total backlog, 60% is scheduled to ship within the next year. These contracts were enabled by our improvement initiatives which include the opening of the new LightPath Shanghai design center, the reduction of our manufacturing costs through the utilization of our recently upgraded, state of the art VIPER press stations, and the locally installed production capacity in our Shanghai manufacturing plant."

WORLD HEART CORPORATION (NASDAQ: WHRT)
"Up 40.88% in morning trading"

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

World Heart Corporation and its subsidiaries engage in the development, manufacture, and sale of implantable ventricular assist devices (VADs). The VADs are mechanical assist devices that supplement the circulatory function of the heart by re-routing blood flow through a mechanical pump allowing for the restoration of normal blood circulation for treatment of patients with severe heart failure. It offers Novacor left ventricular assist system (Novacor LVAS), an implantable, pulsatile VAD that provides circulatory support for patients with life-threatening heart failure by taking over part or all of the workload of the left ventricle of the heart. The company's development pipeline includes Levacor Rotary VAD, a rotary blood pump that completed a human feasibility clinical trial for a range of circulatory support indications; Pediatric VAD, a magnetically levitated, axial rotary VAD for use in newborns and infants, which is in development stage; Minimally Invasive VAD, a miniature maglev rotary pump that is in conceptual stage to provide partial circulatory support in patients at an earlier stage of heart failure; and Novacor II, an implantable pulsatile VAD that is under development stage. World Heart Corporation sells its Novacor LVAS and related peripheral equipment directly to medical clinics and hospitals in the United States, Europe, and Canada; and through distributors in certain other countries. It has a strategic relationship with Abiomed, Inc. to collaborate in the areas of marketing and clinical support. The company was founded in 1996 and is headquartered in Oakland, California.

WHRT News:

June 23 - WorldHeart Enters into a Recapitalization Agreement and Receives Bridge Financing

World Heart Corporation (NASDAQ: WHRT) ("WorldHeart") announced that it has entered into a Recapitalization Agreement dated June 20, 2008 among WorldHeart, its wholly- owned subsidiary, World Heart Inc. ("WHI"), Abiomed, Inc. ("Abiomed"), Venrock Partners V, L.P., Venrock Associates V, L.P. and Venrock Entrepreneurs Fund V, L.P. (collectively, "Venrock"), Special Situations Fund III QP LP, Special Situations Cayman Fund, L.P., Special Situations Private Equity Fund, L.P., Special Situations Life Sciences Fund, L.P. and Austin Marxe (collectively, "SSF"), pursuant to which:

(i) WorldHeart will issue approximately 300,000,000 common shares for an aggregate purchase price of no less than US$30,000,000 (the "Issuance"). At Closing, Venrock will invest an aggregate of approximately $10,000,000 and SSF will invest an aggregate of approximately $9,000,000 and other investors are in discussions to invest the remainder (such other investors, together with Venrock and SSF, the "Investors");

(ii) Contingent on and simultaneous with the closing of the Issuance, Abiomed has agreed to convert the full amount of principal and interest owed on the US$5,000,000 8% Secured Convertible Promissory Note (the "Note") issued to Abiomed by WorldHeart and WHI into 86,000,000 common shares of WorldHeart (the "Conversion"). The Note is currently secured by a security interest in all of the assets of WorldHeart and WHI. In connection with the Conversion, Abiomed has also agreed to terminate the warrant it holds to purchase 3,400,000 common shares of WorldHeart, and to forgive other amounts owed to Abiomed by WorldHeart; and

(iii) Venrock and SSF have agreed to provide WorldHeart with a bridge loan facility (the "Bridge Facility") under which WorldHeart may borrow up to US$1,000,000 until the closing of the Issuance and the Conversion.

Conditions to Closing

The Issuance and the Conversion are subject to certain customary conditions to closing, including the investment of no less than an aggregate of US$30,000,000 by the Investors and the absence of certain material adverse changes. We expect that the closing of the Issuance and the Conversion (the "Closing") will occur on or about July 31, 2008, although no assurances can be given when the conditions to Closing will be satisfied, if at all. In the event that the Issuance and the Conversion are not consummated by August 31, 2008, Abiomed and each of the Investors have the right to terminate their obligations under the Recapitalization Agreement.

Reverse Stock Split

The Recapitalization Agreement also provides that WorldHeart shall take all action necessary to call a meeting of its shareholders to approve a consolidation of its common shares (the "Reverse Split") for the purpose of seeking to comply with the $1.00 minimum bid price requirement of the Nasdaq Capital Market.

Investor Board Nominees

The Recapitalization Agreement further provides that each of Abiomed, Venrock and SSF will have the right to designate one person for election to the Board of Directors of WorldHeart, so long as each remains the beneficial owner of at least 5% of the outstanding common shares of WorldHeart. Abiomed will also have the right to designate an observer to attend meetings of the Board of Directors at any time it does not have a designee on the Board of Directors. If Abiomed has not nominated a director on or prior to the second anniversary of the Closing, the rights of Abiomed to nominate a director or to appoint an observer will terminate. All of Abiomed's rights with respect to Board of Directors of WorldHeart will terminate on the fifth anniversary of the Closing. WorldHeart currently has a Board of Directors consisting of four directors. In addition, pursuant to existing agreements, currently SSF, on behalf of certain investors, has the right to nominate two directors, Maverick has the right to nominate two directors and Abiomed has the right to nominate one director or to appoint an observer to the Board of Directors of WorldHeart. Neither SSF nor Maverick has any nominees currently appointed as directors; Abiomed has appointed an observer. Upon Closing, the existing rights of Abiomed to nominate a director or appoint an observer will be terminated and the number of shares of WorldHeart currently held by SSF and Maverick will not represent a sufficient percentage of the issued shares to entitle either SSF or Maverick to nominate directors pursuant to their current rights.

Abiomed Distribution Rights

The Recapitalization Agreement also provides that, contingent upon the closing of the Issuance, Abiomed's current distribution rights with WorldHeart terminate and are replaced with revised distribution rights. Under the revised terms, WorldHeart will still be required to negotiate in good faith with Abiomed about distribution arrangements before engaging any third party distributors for its products. However, WorldHeart retains the right, without negotiating with Abiomed, to distribute its products directly. In addition, if Abiomed and WorldHeart are unable to agree to terms on a potential distribution arrangement, WorldHeart is free to negotiate with third party distributors, without offering revised terms to Abiomed. Abiomed's revised distribution rights will terminate upon a change of control of WorldHeart that occurs after the Closing.

Equity Incentive Plan

The Recapitalization Agreement also provides that promptly following the Closing, WorldHeart will establish an equity incentive program for the benefit of its independent directors, officers, employees and consultants covering, together with its existing plans, a maximum of 44,000,000 common shares of WorldHeart (to be adjusted for the reverse share split and any other recapitalization) on such terms and conditions as shall be approved by WorldHeart's Board of Directors, including the designees, if any, of Abiomed, Venrock and SSF. WorldHeart will seek approval of the equity incentive plan at a meeting of shareholders.

NASDAQ Requirements

Nasdaq Marketplace Rule 4350 requires that WorldHeart obtain shareholder approval in certain circumstances including for the issue of shares, other than in a public offering, equal to 20% or more of the common shares outstanding before the issuance or for the issue of shares to affiliates, in either case if for less than the greater of book value or market value of the common shares, or for the issue of shares which will result in a change of control of the issuer.

WorldHeart applied to Nasdaq for an exception from the Marketplace Rule 4350 in reliance on Nasdaq Marketplace Rule 4350(i)(2) which provides that Nasdaq may make an exception to the Marketplace Rules when (i) the delay in securing shareholder approval would seriously jeopardize the financial viability of the enterprise, and (ii) reliance by WorldHeart is expressly approved by the audit committee comprised solely of independent, disinterested directors. The audit committee of the Board of Directors of WorldHeart expressly approved such reliance. The Listings and Qualifications Department of Nasdaq has granted the requested exception permitting WorldHeart to issue the 386,000,000 common shares contemplated in the Recapitalization Agreement which is significantly in excess of the approximately 2,300,000 common shares which WorldHeart would have been permitted to issue under Nasdaq's Marketplace Rule 4350 without shareholder approval or this exception.

Pursuant to this exception, WorldHeart will mail to all shareholders not later than ten days before the Closing a letter alerting them to its omission to seek the shareholder approval that would otherwise be required, and setting forth the terms of the Recapitalization Agreement and the fact of reliance on the financial viability exception.

Protection of Minority Security Holders under MI 61-101

Multi-Lateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"), a securities regulation applicable in the Provinces of Ontario and Quebec, requires that WorldHeart obtain approval of the issue of its shares to SSF and Abiomed, each as a related party, by the holders of a majority of the common shares other than the shares held by SSF and Abiomed and that WorldHeart also obtain and file a formal valuation of the Note being converted by Abiomed, unless WorldHeart qualifies for an exemption from these requirements. WorldHeart's Board of Directors, acting in good faith, including all of the independent directors of WorldHeart, acting in good faith, have determined that (i) WorldHeart is insolvent or in serious financial difficulty, (ii) the transaction contemplated in the Recapitalization Agreement is designed to improve the financial position of WorldHeart, and (iii) the terms of the Recapitalization Agreement are reasonable in the circumstances of WorldHeart. Based on such determination, the transaction with SSF and Abiomed is exempt from the requirements of MI 61-101.

Due to the financial circumstances of WorldHeart, the Closing of the Issuance and the Conversion is contemplated for the earliest opportunity which WorldHeart believes is necessary in the circumstances to allow WorldHeart to restore its financial viability and business operations. This may result in WorldHeart's material change report being filed with Canadian securities regulators less than 21 days prior to the Closing.

EFFECTIVE CONTROL TRANSPORT (OTC: EFFC)
"Up 60.00% in morning trading"

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

Effective Control Transport is an information technology firm that has developed fully integrated solutions for trucking and fleet management along with the highest level of technical expertise which enables it to service a wide range of customers, providing tailored solutions. Visit www.econtroltransport.com for additional information.

EFFC News:

June 23 - Effective Control Transport Reduces Outstanding Shares of Common Stock

Effective Control Transport, Inc. (OTC: EFFC), a software company which specializes in technology that monitors a driver's vigilance and awareness, announced that the company has elected to decrease the outstanding shares of common stock. This will effectively and immediately reduce the common shares outstanding to 126,903,745.

Raphael Huppe, CEO of Effective Control Transport, stated, "As we prepare for the next phase in our expansion we believe the reduction in common stock is the appropriate thing to do. We believe the reduction in common stock will allow us a better opportunity to up-list to the OTC Bulletin Board. We will provide specifics including the date of the scheduled up-listing on July 2, 2008 after market close. I am especially pleased that we were able to decrease the shares and increase shareholder value for current stockholders."

To learn more about Effective Control Transport, Inc. and the CRAM technology, please visit the company's Web site.

TECHPRECISION CORPORATION (OTCBB: TPCS)

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

TechPrecision Corporation, through its wholly-owned subsidiary Ranor, Inc., produces high-precision, large scale metal fabrications and machined assemblies weighing up to 100 tons. A significant part of the Company’s revenues are derived from the alternative energy industry. The Company also manufactures products for the nuclear, medical, defense, industrial and aerospace market segments. TechPrecision is one of a few end-to-end solutions providers with the ability to engineer the requisite tooling and the entire manufacturing process for each respective production program, fabricate, machine, assemble, test and deliver large scale projects with tight tolerance levels. The Company is a highly valuable contractor in all industry sectors due to leveraging its expertise from over 50 years of developing mission critical products for the aerospace and defense industries to meet exacting requirements for high pressure, strength, and precision metal fabrications.

TPCS News:

June 24 - TechPrecision Corporation Reports Strong Fourth Quarter Fiscal Year 2008 Results

TechPrecision Corporation (OTCBB: TPCS) (“TechPrecision”, or “the Company”), a leading manufacturer of large-scale, high-precision machined metal fabrications for the alternative energy, medical, nuclear, defense, aerospace and other commercial industries, today reported strong financial results for the fourth quarter and year ended March 31, 2008.

Fourth Quarter of Fiscal 2008 Highlights:

* Net sales increased 64.5% to $9.3 million
* Gross profit rose 185.6% to $2.6 million
* Gross profit margin was 27.8%
* Operating income increased 396.1% to $2.1 million
* Net income increased to $853,000 compared to a loss of $8,000
* Net income allocated to common stock increased to $853,000 from a loss of $296,000
* Net income per common share was $0.07 and $0.03 basic and diluted, versus $(0.03) per share basic and diluted the previous year

Fourth Quarter of Fiscal 2008 Results

For the fourth fiscal quarter of 2008, sales increased to $9.3 million or 64.5%, from $5.6 million in the fourth quarter of fiscal 2007. This increase in sales reflected improved market conditions for capital goods and the Company’s business refocus towards longer-term, high volume projects with more predictable cost structures in the alternative energy, medical and nuclear industries.

“We are pleased with the results of the fourth quarter and full year of fiscal 2008 at TechPrecision due to strong demand for our products and services, particularly in the alternative energy market,” said Chairman and CEO James Reindl. “We have continued to enjoy strong revenue growth as we implement our strategy to offer precision manufacturing and complete integration services for high volume production programs. We expect the momentum we are seeing to sustain as our backlog continues to grow,” added Mr. Reindl.

Cost of sales for the quarter ended March 31, 2008 increased by $2.0 million to $6.7 million, an increase of 41.3%, from $4.7 million for quarter ended March 31, 2007. The cost of sales grew at a rate less than the Company’s increase in sales, resulting in a gross margin of 27.8% in the fourth fiscal quarter of 2008 compared to gross margin of 16.0% in the fourth fiscal quarter of 2007.

TechPrecision’s net income available to common stockholders was $0.9 million ($0.07 per share basic and $0.03 per share diluted) in the three months ended March 31, 2008 as compared to a loss of $0.3 million or $(0.03) per basic and diluted share in the three months ended March 31, 2007.

Full Year Fiscal 2008 Results:

* Net sales increased 66.6% to $31.8 million
* Gross profit rose 135.2% to $8.3 million
* Gross profit margin was 26.2%
* Operating income grew 342.8% to $6.4 million
* Net income rose to $3.5 million from $290,000
* Net income allocable to common stock increased to $3.5 million from a loss of $386,000
* Net income per common share was $0.32 and $0.12 basic and diluted, versus $(0.04) per share basic and diluted

For the year ended March 31, 2008, revenue rose to $31.8 million, up 66.6% from $19.1 million for the year ended December 31, 2007. Gross profit for the period was 8.3 million, compared to 3.5 million for fiscal 2007, an increase of 135.2%. Operating income grew 342.8% from fiscal 2007 to fiscal 2008, from $1.4 million to $6.4 million. Net income available to common stockholders was $3.5 million, or $0.32 per share (basic) and $0.12 per share (diluted), for the year ended March 31, 2008 as compared to a loss of $386,000 or $0.04 per share (basic and diluted) in the year ended March 31, 2007.

Financial Condition

At March 31, 2008, TechPrecision had working capital of $6.4 million as compared with working capital of $3.4 million at March 31, 2007, an increase of $3.0 million reflecting the Company’s increased level of business. The cash flows from operations were $2.5 million as compared to $1.6 million in the year ended March 31, 2008 as compared to 2007. The increase in operating cash flow was due to the net effect of an increase in net profits and decrease in costs incurred on uncompleted contracts.

During the year ended March 31, 2008, the Company received $658,000 from the exercise of warrants to purchase 1,510,000 shares of common stock.

Business Outlook

TechPrecision provides critical products for the solar industry and has a track record of providing key components to the nuclear energy industry as well. The solar industry continues to experience rapid growth and a nuclear renaissance is emerging worldwide. Both industries are expected to grow significantly due to continued strong demand for energy coupled with concerns about carbon emissions and dependence on foreign oil. TechPrecision management is encouraged about strong growth it anticipates achieving with respect to long-term program work in the medical industry as well. As one of the few full-service fabrication and machining companies that can supply, large high-precision key components and complete program integration, TechPrecision believes that it is positioned well to benefit from strong anticipated demand from numerous industry sectors.

“We are pleased with our strategy to refocus the Company into high volume, long-term projects and provide full integration services to customers in growing markets. Our operations continue to generate strong revenue growth and profitability,” stated Mr. Reindl. “Our solar business continues to enjoy strong momentum.”

TechPrecision anticipates operating at a high level of capacity throughout fiscal 2009 and is currently evaluating capacity expansion plans both on- and off-site. As of March 31, 2008, the company had a backlog of firm orders totaling approximately $33.4 million. The Company anticipates that this backlog will be shipped during the year ended March 31, 2009.

SPEEDUS CORPORATION (NASDAQ: SPDE)
"Up 7.24% in morning trading"

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

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

SPDE News:

June 24 - iMarklet Launched With Unique Javascript Bookmarklets; Gives Apple's iPhone and iTouch Users Copy and Paste Alternative for Social Bookmarking

iMarklet, a web utility launched by upstart iMarklet.com, a division of Speedus Corp. (NASDAQ: SPDE), announced the release of its new Javascript bookmarklet, the iMarklet, to Internet users using Firefox, Safari and Opera browsers.

The service allows users to simply save their favorite web links using a bookmarklet that sits on the user's toolbar. No downloads are required — just a simple drag and drop. The iMarklet may also be easily installed on iPhone and iTouch devices.

"iMarklet has made it incredibly easy for users to tag a story, embed video codes, create mini-url's, save and email links all in one place," said Steve Spurgat, founder of Urbis and an advisory board member of iMarklet.

iMarklet uniquely puts iPhone users in the driver's seat — at work, at home or from their handheld, seamlessly enabling them to collect and share bookmarks. "iMarklet is after the sophisticated smart phone user who recognizes the simplicity of the product," stated Spurgat.

ABOUT IMARKLET

iMarklet saw an opportunity to deliver a tool which simply expands the utility for the iphone user. iMarklet is in the process of developing applications for both Internet Explorer and Blackberry users. Find out more at iMarklet.com.

ABOUT URBIS

Learn more about Urbis at urbis.com.