OTCPicks.com

FEATURED COMPANY

WIND ENERGY AMERICA INCORPORATED (OTCBB: WNEA)

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

Company Profile:
www.otcpicks.com/wind-energy-america/wind-energy-america-2.htm

Wind Energy America Inc. develops and operates wind energy projects in the Great Plains and the Midwest, regions known for their high quality wind energy resources. The Company owns interests in three wind farms: Shaokatan Hills LLC, Lakota Ridge LLC and CHI Energy. At present, WNEA owns a developer's stake and a minimal interest producing negligible cash flow in these wind farms. Over the next two years the developer’s stake will begin producing significant cash flow from these projects. The three wind farms together contain 79 modern wind turbines and have a total rated capacity of 53.5 megawatts (MW). They are collectively generating approximately 160 million kilowatt hours (kWh) of electricity annually. In addition to these properties, the Company owns a 3 percent equity interest in Averill Wind LLC, a 10 MW wind farm being developed near Fargo, N.D., another region favorable for wind power energy.

WNEA News:

July 1 - Howard Lapidus Joins Board of Wind Energy America, Inc.

Wind Energy America Inc. (OTCBB: WNEA) announced that it has added Howard Lapidus to its Board of Directors. Mr. Lapidus brings a unique business perspective to WNEA through his large and small company entrepreneurial business experience.

As a veteran of the seafood industry for 21 years, Mr. Lapidus has worked for both Pillsbury and Cargill in managerial positions and in smaller food industry companies. In his past business career, he worked for one of the largest multinational food groups in Indonesia and became their national sales manager. After working for a $500 million privately-held Food Company in Los Angeles, as the Executive Vice President, he started his own seafood import company, HL Seafood, Inc., located in Chaska, MN.

Mr. Lapidus lives with his wife and three children in Chaska, MN and is a graduate of the University of Minnesota.

CEO of Wind Energy America, Darrel Kluge, commented, “Wind Energy America is in the process of adding quality Board members to enhance its opportunities. Howard is a tremendous asset to the Board of Directors. As an investor in Wind Energy himself, Howard’s intuitive understanding of wind industry dynamics and business acumen can present creative solutions that leverage the high growth opportunities for Wind Energy America Inc.”

In connection to his appointment, Mr. Lapidus stated, “For some time, I have seen a tremendous opportunity developing within the wind energy industry. With the costs of fossil fuels skyrocketing, Wind Energy America can play an active role in the mitigation of our country’s use of these traditional fuels. Our company’s recent acquisitions bring both significant value and revenue to the company from electrical energy sales.”

FEATURED COMPANY

XSUNX INCORPORATED (OTCBB: XSNX)
"Up 10.39% 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:

July 1 - Research Update Issued on XsunX, Target Price $1.50 Reiterated by Beacon Equity Research

XsunX Inc. (OTCBB: XSNX) has been rated a “Speculative Buy” with a reiterated price target of $1.50 by Beacon Equity Research Analyst, Victor Sula, Ph.D.

The full report is available at www.beaconequity.com/adpages/XSNX.

In the report, the analyst writes, “With reserved capacity already approaching 145 MW, lower manufacturing costs per watt that will drive a rapid adoption of the TFPV modules and recent progress toward establishing commercial production, we believe XSNX remains on track to report meaningful revenues by year-end 2008 and achieve our $60 million revenue target in 2009.”

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 30 - Monogram Energy, Inc. Continues Workover Program

Monogram Energy, Inc. (OTC: MGRN), an independent energy company engaged in the acquisition, development, and exploitation of oil and gas properties, announced that it will begin the workover of two wells on the T.W. Martin lease in Navarro County, Texas today. The T.W. Martin lease comprises 70 acres with 12 wells, of which 6 are currently producing. The 6 wells are expected to produce 2 barrels per well, per day. This represents a 50% increase in projected production stated in the Monogram Energy press release on May 13, 2008, increasing production from 270 barrels per month to 540 barrels per month.

With oil prices skyrocketing to an all time high of $140 per barrel in June, Monogram could realize revenues of over $400,000.00 USD over the next six months.

Preliminary estimates show that the wells to be worked over will increase production by 28% per well. If the Company realizes this increase in production, it will approve the workover of the additional wells that are in production.

Mr. Billy King, Chief Executive Officer of Monogram Energy, Inc., stated, "We are very pleased with the progress being made with the Company. This workover program on the T.W. Martin lease will yield dramatic revenue growth. We are striving for all of the wells on the T.W. Martin lease to be functioning at full capacity by the end of the year."

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

CARBON SCIENCES INCORPORATED (OTCBB: CABN)

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

Company Profile:
www.otcpicks.com/carbon-sciences/carbon-sciences-2.htm

Carbon Sciences, Inc. focuses on developing GreenCarbon technology to convert carbon dioxide into a form that would not contribute to global warming. Its GreenCarbon technology is targeted at coal-fired electrical power plants and fuel production plants. The company was founded in 2006 as Zingerang, Inc. and changed its name to Carbon Sciences, Inc. in April 2007. Carbon Sciences, Inc. is based in Santa Barbara, California.

CABN News:

June 30 - Carbon Sciences Announces Joint Research Agreement With University and Its Research Team

Research Team From Finland Is Considered Among the World's Leaders in Carbon Mineralization Research

Carbon Sciences Inc. (OTCBB: CABN), the developer of a breakthrough technology to transform harmful carbon dioxide (CO2) into high value, earth-friendly products, announced that it has signed a joint research agreement with Abo University, Finland.

The research team led by Professor Ron Zevenhoven at Abo University is considered among the world's leaders in carbon transformation research. Carbon transformation, technically referred to as carbon mineralization, is a process in which CO2 is combined with rock minerals to produce a solid carbonate. Due to the unique geology of Finland, underground sequestration of CO2 is not an economically viable option. Therefore, an important option for CO2 mitigation in Finland is carbon transformation.

Derek McLeish, the company's CEO, commented, "Carbon Sciences is aligning with various international strategic partners. With the completion of this agreement, we'll be working with the world's premier researchers in CO2 carbon transformation."

"We are pleased to be researching carbon mineralization technologies with Carbon Sciences," stated Professor Ron Zevenhoven of Abo University. "Our research associates have studied and worked with many promising approaches to permanently capturing CO2 in the last decade. We are delighted to be working with Carbon Sciences, a visionary company in the industry."

Professor Zevenhoven, formerly of Helsinki University, has been at the forefront of this research for many years. Geological sequestration or underground storage is one of the proposed solutions for mitigating CO2 emissions. However, in many instances it is simply not feasible, geographically or economically, to bury CO2 underground. Long term environmental and human risks and their associated costs argue instead for other technical solutions. Carbon Sciences' technology transforms CO2, using a carbon mineralization process, into high value products used in everyday life.

FEATURED COMPANY

LANTIS LASER INCORPORATED (OTC: LLSR)

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

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

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

LLSR News:

June 30 - WallSt.net's '3 Minute Press Show' Features Lantis Laser

WallSt.net's “3-Minute Press Show” is a daily video program hosted by WallSt.net reporter, Tracee Tolentino.

Shows air Monday through Friday on http://tv.wallst.net.

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.

Among the executives interviewed on Monday’s show is Dr. Craig Gimbel, Executive Vice President of Clinical Affairs for Lantis Laser, Inc. (OTC: LLSR). To view this clip in its entirety, visit http://www.tv.wallst.net/r/3-minute-press/llsr/133/609.

STOCKS TO WATCH

SUSTAINABLE POWER CORPORATION (OTC: SSTP)
"Up 6.25% in morning trading"

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

Sustainable Power Corp. is an international green energy total service provider focused on environmentally safe power generation. The company has the exclusive rights to develop and manage a portfolio of green energy plants utilizing a biocrude discovery, a renewable fuel source able to be produced from non-food feed stock. For more information, visit www.sstp.us.

SSTP News:

July 1 - Sustainable Power Corp. Enters Into Strategic Alliance With Pemco Energy AS to Form 'SSTP Europe'

Pemco Energy AS Will Contribute Equity Cash Into SSTP Europe and Has Entered Into a Stock Subscription Agreement for 50,000,000 Restricted Shares in SSTP

Sustainable Power Corp. (OTC: SSTP) announced that it has finalized a strategic alliance with Pemco Energy AS, a Norwegian-based corporation.

Pemco Energy AS ("Pemco") is part of the Pemco Group which is a European trading and industrial group with manufacturing, distribution and sale of oil and chemical based products. The group is represented in 18 countries, and has a major international profile. Pemco is headquartered in Oslo, Norway.

In the multifaceted agreement, SSTP and Pemco will form "SSTP Europe" to be the exclusive representative for SSTP across Europe. The joint venture intends to install, own and operate plants, produce and market green biofuels, including the use of biofuel for power generation, as well as generate green certificates. Pemco will be responsible for the setup of necessary organization to enable SSTP Europe to perform operations of all the plants across Europe, including setup of long-term contracts with power companies. Pemco, in close cooperation with SSTP, will seek to secure long term agreements of low-cost sustainable feed stock from major land areas in Eastern Europe, as well as network to South America, Australia, and Africa. The agreement further provides for the contemplated financing of SSTP Europe.

Furthermore, Pemco has entered into a stock subscription agreement for 50,000,000 restricted shares of SSTP stock for consideration of $2 million USD. Additionally, Pemco has agreed to contribute $6 million USD to the buildup of SSTP Europe.

Mr. Bjoern Knappskog, majority owner, President and Chairman of the Board of Pemco, stated, "We are pleased entering into this strategic alliance agreement and look forward to commercialize this new effective biocrude technology based on sustainable biomass sources across Europe."

John Rivera, Chairman of SSTP, stated, "The key personnel of Pemco have a long history of establishing successful international transactions. Collaborating with Pemco and Mr. Knappskog is a major milestone for Sustainable Power Corp. Pemco Energy AS has the experience, personnel, financial resources and 'green' background to bring about the successful commercialization of SSTP across Europe."

ABOUT PEMCO ENERGY AS

Pemco Energy AS is part of the Pemco Group, which is a European trading and industrial group with manufacturing, distribution and sale of oil and chemical based products. The Group is represented in 18 countries, and has a major international profile. The Pemco Group realized revenues of approximately $500 million USD last year.

HYDROGENICS CORPORATION (NASDAQ: HYGS)
"Up 18.33% in morning trading"

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

Hydrogenics Corporation develops and provides hydrogen and fuel cell products and services worldwide. The company's OnSite Generation group sells hydrogen generation products to industrial, transportation, and renewable energy customers. Its Power Systems group sells fuel cell products to original equipment manufacturers (OEMs), systems integrators, and end users for stationary applications, such as backup power and light mobility applications, including forklift trucks. Hydrogenics Corporation's Test Systems group provides testing services to third parties to validate their fuel cell development efforts. Its products and services include the HySTAT Generator for producing continuous or batch supplies of hydrogen for industrial processing applications; HySTAT Hydrogen Stations that offer onsite supply of hydrogen for various hydrogen applications, including vehicle refueling, distributed power, and industrial processes; HyPM Fuel Cell Power Modules that produce direct current (DC) power in standard outputs; HyPX Fuel Cell Power Pack comprising HyPM power module integrated with hydrogen storage tanks and ultracapacitors that provide higher power in short bursts; and Integrated Fuel Cell Systems for portable and stationary applications, including portable and auxiliary power units for military applications and DC backup power system for cellular tower sites. The company also offers FCATS Test Stations that perform testing and diagnostic functions; and testing and diagnostic services. The company was founded in 1988 as Traduction Militech Translation, Inc. It changed its name to Hydrogenics Corporation Incorporated in 1990 and to Hydrogenics Corporation in 2000. The company is headquartered in Mississauga, Canada.

HYGS News:

June 26 - Hydrogenics Provides Clean Energy Hydrogen Generation System to Shell-Hydrogen for California Hydrogen Highway

Hydrogenics Corporation (NASDAQ: HYGS) (Toronto: HYG.TO), a leading designer and manufacturer of hydrogen electrolyzers and fuel cell systems, announced that it has provided an integrated hydrogen generation system to Shell Hydrogen LLC. The fueling station, which opened today in Los Angeles as part of California's Hydrogen Highway initiative, will generate hydrogen on site to service the increasing demands of hydrogen-powered consumer vehicles.

Hydrogenics provided an integrated hydrogen fueling station, based on its highly modular standard product line, including electrolyzer, compressor, storage, and dispensing systems. In order to meet the demanding space requirements of the fueling station, Hydrogenics implemented a canopy system where all the components are mounted on the roof of the station canopy, minimizing the footprint of the hydrogen station. In addition, Hydrogenics' electrolyzers produce hydrogen from water, providing the most environmentally friendly approach to hydrogen generation.

California is the most developed state in the U.S.A. in terms of Hydrogen energy, reflected by Governor Swartzeneger's promise of 200 Hydrogen refueling stations in California before he retires. "The experience gained in our 50-year history positions Hydrogenics to meet the rapid growth of the Hydrogen highway," said Daryl Wilson, President and CEO of Hydrogenics. "Our modular product offering is highly scaleable and configurable to meet widely varying requirements," added Wilson. Hydrogenics has installed over 30 fueling stations deriving hydrogen through electrolysis, which is the most environmentally friendly approach to hydrogen generation.

HEARTLAND OIL & GAS CORPORATION (OTCBB: HTOG)
"Up 15.85% in morning trading"

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

Heartland Oil and Gas Corp. engages in exploration, development, production, and sale of coal bed methane in the Cherokee basin and Forest City basin of northeast Kansas. The company owns and operates oil and gas leases located on approximately 645,000 acres of property in the Forest City and Cherokee basins in eastern Kansas; 700 acres of property in Palo Pinto County, Texas; and 3,000 acres in Jack County, Texas. It also holds properties in Kansas in the south block, located on the Cherokee basin; and the north block, located in the Forest City basin. In addition, the company engages in the processing and sale of gas through pipelines from its Lancaster wells. As of December 31, 2007, Heartland Oil and Gas had proved developed net reserves of 2,410,484 thousand cubic feet of gas; and 3,002 thousand barrels of crude oil. The company was founded in 1998 and is based in Houston, Texas. Heartland Oil & Gas Corp. operates as a subsidiary of Universal Property Development and Acquisition Corporation.

HTOG News:

June 30 - Heartland Posts Further Revenue Gains — Texas Natural Gas Production Exceeds $220,000 in May

Heartland Oil and Gas Corp. (OTCBB: HTOG) (FWB: HOCA) has achieved another milestone as it continues to expand the production from its oil and gas properties, posting revenues in excess of $220,000 from its natural gas fields in Texas. Combined with its expanding coalbed methane production in Kansas, Heartland posted total natural gas sales of more than $330,000 in May.

With the completion of its nearly 4 mile pipeline expansion project and the subsequent connection of 12 additional wells in Kansas, Heartland expects to double its coalbed methane production. This accomplishment will also allow Heartland to accelerate its efforts to further expand its natural gas production in Texas in the next phase of its well improvement plans directed at the 5 Barnett Shale wells Heartland has completed in Palo Pinto County. As previously reported, those improvements will include the installation of a salt water disposal well and connection to a low pressure natural gas sales line.

“With natural gas prices projected to continue their escalation, these additional production increases should result in exponential revenue growth,” remarked Heartland Spokesman Jack Baker. “In light of the many obstacles we have encountered as we have pursued our business plan, including the tightening credit markets, soaring oil field service and supply prices and inclement weather, the undeniable success we are now achieving is most satisfying. These successes should translate into expanding shareholder value, the ultimate goal of every public company.”

GALAXY NUTRITIONAL FOODS CORPORATION (OTCBB: GXYF)
"Up 16.67% in morning trading"

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

Galaxy Nutritional Foods, Inc. develops and markets plant-based cheese and dairy alternatives; and processed organic cheese and cheese food to the retail and food service markets in the United States and internationally. It offers cheese alternatives under the Veggie brand; soy-based cheese alternatives under the Veggy brand; soy free cheese alternatives under the Rice brand; casein free dairy alternatives under the Vegan brand; casein free and soy free dairy alternatives under the Rice Vegan brand; and organic cheese products under the Wholesome Valley Organic brand. The company also offers imitation and processed cheese alternative products. It sells its products to supermarket chains, mass merchandisers, and natural foods stores, as well as to food distributors who supply food to restaurants, cafeterias, hospitals, correctional institutions, and schools. Galaxy Nutritional Foods also markets its products directly to franchisees of national restaurant chains. The company was founded in 1972. It was formerly known as Fiesta Foods & Galaxy Foods and changed its name to Galaxy Cheese Company in 1980. Further, it changed its name to Galaxy Nutritional Foods, Inc. in 2000. Galaxy Nutritional Foods is headquartered in Orlando, Florida.

GXYF News:

July 1 - Galaxy Nutritional Foods Reports FY2008 Results

FY2008 Net Income of $1,338,855

Galaxy Nutritional Foods, Inc. (OTCBB: GXYF), a leading developer and marketer of cheese alternatives, organic dairy and other organic and natural food products, reported operating results for the fourth quarter and fiscal year ended March 31, 2008.

For the three months ended March 31, 2008, the Company reported net income of $232,150, or $0.01 per diluted share, on net sales of approximately $6.4 million. These results compared with net sales of approximately $6.5 million and net income of $201,179, or $0.01 per share, in the fourth quarter of the previous fiscal year.

For the twelve months ended March 31, 2008, the Company reported a net income of $1,338,855, or $0.07 per diluted share, on net sales of approximately $25.2 million. Operating expenses during FY2008 included a previously disclosed employment contract expense in the amount of $346,447. Exclusive of this item, the Company would have reported income from operations of approximately $2.2 million in the fiscal year ended March 31, 2008.

In the twelve months ended March 31, 2007, the Company reported net income of $146,498, or $0.01 per diluted share, on net sales of approximately $27.2 million. FY2007 operating expenses included a previously disclosed write-down of a non-recurring, non-cash reserve on a stockholder note receivable in the amount of $1,428,000; expenses related to disposal activities of $295,651; and $108,160 in non-cash stock-based compensation expense. Exclusive of these items, the Company would have reported income from operations of approximately $2.7 million in the fiscal year ended March 31, 2007.

The Company generated EBITDA, as adjusted (a non-GAAP measure), of $2,195,659 (8.7% of net sales) in FY2008, compared with EBITDA, as adjusted, of $2,955,491 (10.9% of net sales) in FY2007 (see EBITDA table at end of this release for further Non-GAAP information).

"The last half of fiscal 2008 brought sharp, continuous cost increases in critical commodities that squeezed our margins, but with selective price increases, reductions in other costs and emphasis on non-casein products, Galaxy delivered solid operating profits," stated Michael E. Broll, Chief Executive Officer of Galaxy Nutritional Foods, Inc.

FRANKLIN MINING INCORPORATED (OTC: FMNJ)
"Up 28.57% in morning trading"

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

Franklin Mining, Inc. primarily has mining and energy interests in the United States and Bolivia. It also holds various energy interests for the development and construction of gas-to-liquid facilities in Argentina. Franklin Mining, Inc. was formerly known was WCM Capital, Inc. The company was founded in 1864 and is headquartered in San Antonio, Texas with additional offices in La Paz and Santa Cruz, Bolivia and Buenos Aires, Argentina.

FMNJ News:

July 1 - Franklin Appointed to Represent Capital Oil & Gas, Ltd. in South America

Prepared to Deliver Diesel in Argentina and Paraguay

Franklin Mining, Inc.'s (OTC: FMNJ) (Frankfurt: FMJ.F) Chairman and President, William A. Petty, announces that Franklin was named a representative of Capital Oil & Gas, Ltd. (London) in April 2008 and authorized to negotiate the purchase of crude and refined petroleum products in the countries of Bolivia, Argentina and Colombia. "With Capital Oil & Gas' success in Europe, Africa and Asia, I am excited to be their representative as they prepare to enter South American markets," he said when releasing his June 30, 2008 Memorandum to be posted on the company web-site. "Franklin Oil & Gas, Argentina SA entered negotiations almost immediately following Capital Oil & Gas' April 8, 2008 appointment."

Mr. Petty also stated that, in addition to negotiating Capital Oil & Gas purchases, Franklin Oil & Gas, Argentina SA has entered negotiations with Energia Argentina Sociedad Anonima (ENARSA) for the delivery of up to 200,000 MT per month of diesel fuel and with Paraguayan Petroleum (Petróleos Paraguayos, PETROPAR) for the delivery of up to 250,000 MT per month. ENARSA is Argentina's national oil company; PETROPAR is Paraguay's national oil company.

PARK PLACE ENERGY CORPORATION (OTCBB: PRPL)
"Up 14.29% in morning trading"

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

Park Place Energy Corp. is a North American oil and gas company that is participating in high impact opportunities. The Company currently has gas production in North-East British Columbia and is committed to developing the asset as well as acquiring additional blue-sky gas opportunities in the area, with a focus on shale gas. Park Place's management is focused on optimizing profitability and enhancing shareholder value.

PRPL News:

June 30 - Park Place Energy Corp. Revenues Surpass Expectations with Significant Cash Flow

Park Place Energy Corp. (OTCBB: PRPL) ("Park Place" or "the Company") announced that revenues from production for the month of May have surpassed $260,000 CDN. Additionally, the company is waiting for confirmation with respect to the liquids of approximately 19 barrels per million cubic feet. Production is coming from the Company's core property, Eight Mile, in North East British Columbia where the Company and its partners have tied in the 7 of 8 Well.

With natural gas prices strengthening well over $13 MMBTU this summer and crude oil running well over $140 per barrel, market conditions appear promising for the development of Canada's immense petroleum resources. Park Place has positioned itself in North East British Columbia and has created a core area around its Eight Mile gas property and has a highly experienced operating partner in Terra Energy (TTR: TSX.V).

With the Company now generating significant cash flow for the first time in its history as a public company, Park Place and its partners will review the recently acquired 3D seismic data on the Eight Mile Property over the upcoming weeks and decisions will be made as to where to drill additional earning and step out wells. Park Place is also aggressively seeking to acquire a shale gas property with blue sky potential with a focus on the Horn River Basin and area near its producing Eight Mile property.

Park Place Energy President and CEO David Johnson said, "This is a very exciting time for Park Place with significant cash flow and we have graduated from being a junior explorer to a substantial producer in our core area, North Eastern British Columbia"

GLOBETEL COMMUNICATIONS CORPORATION (OTC: GTEM)
"Up 18.57% in morning trading"

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

GlobeTel Communications Corp. provides an integrated suite of telecommunications products and services, utilizing Stored Value, Voice over Internet Protocol, and wireless access technologies. Its core products and services are telephony services that include international wholesale carrier traffic; networks; and enhanced services, such as IP telephony. The company's nontelephony products and services consist of outsourced Stored Value services for the international banking and telecommunications community. GlobeTel's Super Hub network, which is in development, is a national wireless broadband network utilizing high-altitude airships called Stratellites that would be used to provide wireless voice, video, and data services. The company's operations exist in Asia, Europe, South America, Mexico, and the Caribbean. GlobeTel was founded in 2002 and is based in Fort Lauderdale, Florida.

GTEM News:

July 1 - Stratospheric Flight Technology Showcased, Demonstrated At Stuttgart Conference Hosted by Sanswire-TAO Corp.

GlobeTel Communications Corp. (OTC: GTEM) announced that Sanswire-TAO Corp., the joint venture owned by its Sanswire Corp. subsidiary and TAO Technologies GmbH, showcased the Company's high altitude unmanned aerial vehicles (UAV) development capabilities in Stuttgart. The demonstrations included the unveiling of new technological advancements within the company's high altitude long endurance (HALE) program and detailed strategies, leading to demonstrations of facilities, components and systems, and live flights of various aerial platforms. Key accomplishments of the conference included:

* Flight demonstrations of the SAS-51 airship with a live video
surveillance package, lightweight compact autonomously controlled
vehicles, and multiple "AirChain" prototypes, illustrating the
inherent flight properties of the segmented cell design in flight

* Theoretical presentations of the company's patented "AirChain"
segmented cell airship design in comparison to the flawed
characteristics of non segmented, rigid designs

* Introduction of various proprietary software systems, including
the advanced modeling and design language developed by TAO to
theoretically evaluate lighter than air (LTA) vehicles using
numerous interchangeable characteristics such as payload,
duration and altitude. These systems use the data gathered from
thousands of test flights to customize an airship with specific
capabilities for wind speed, payload capacity and endurance

* Presentation of the company's flight strategies, including ground
control, launch sequences and return strategy, utilizing a
proprietary autonomously controlled parachute payload return
system to provide safe return of vehicle and payload under
normal and extreme conditions

* Showing the proprietary subsystems, including its autonomous
flight control software and state of the art propulsion system,
designed to immediately provide persistent service for missions
requiring station keeping at mid altitudes utilizing a rotation
of vehicles in approximately one week cycles.

* Tours of facilities, including laboratories, testing and
construction facilities, which included the equipment and
resources utilized in the fabrication of electronics, components
and materials used in the construction of airship platforms

Jonathan Leinwand, Chief Executive Officer of GlobeTel Communications, stated, "We would like to thank Dr. Kroplin and his team for this incredibly informative conference. We believe the demonstrations were an overwhelming success and an affirmation of our confidence in the Sanswire-TAO development programs. Our guests were able to see the depth of knowledge that has been developed by TAO during its 14 years of airship development. We have shown our capabilities to provide the next generation of lighter than air unmanned aerial vehicle platforms to our partners and customers."

ABOUT SANSWIRE-TAO CORP.

Sanswire-TAO exclusively owns and markets all the technology and intellectual property associated with TAO's lighter than air (LTA) unmanned aerial vehicles (UAV), including the Stratellite(tm) high-altitude airships, the SAS-51 low-altitude airships, the mid-altitude SkySat airship category and the PADDS Precision Air Drop Delivery System in the US, Canada and Mexico. Sanswire-TAO Corp. is jointly owned by TAO Technologies GmbH and Sanswire Corp., a subsidiary of GlobeTel Communications Corp. For more information, visit www.sanswire-tao.com.

ABOUT TAO TECHNOLOGIES GMBH

TAO Technologies GmbH, in cooperation with the University of Stuttgart, led by Professor Dr. Bernd Kroplin, is highly regarded throughout the world for research, design, development and flight testing of various designs of aerial vehicles.