OTCPicks.com

FEATURED COMPANY

CELEBDIRECT INCORPORATED (OTC: CELI)

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

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

CelebDirect's primary business is that of a direct response celebrity incubator and has two divisions which are direct response marketing and Celebrity placement / franchise opportunities. CelebDirect brings to the market unique and innovative products via direct to market strategies such as infomercials, advertorials and other associated advertising vehicles to expeditiously, economically and broadly market products throughout North American as well as a global basis. CelebDirect has a number of consumer-oriented products it is evaluating and others it is currently bringing to market.

CELI News:

July 18 - CelebDirect Opens an Intellectual Property Product and Services Division

CelebDirect (OTC: CELI) has started a new division dedicated to the creation, incubation and partnering of Intellectual Property (IP) opportunities, specifically, trademarks and patents with regards to North American-based products and services. The business model for this division is specifically geared towards individuals and/or companies that require “a partner” in maintaining, enforcing and in some cases, litigating patent and trademark infringement cases. In many cases, a small company or individual does not have the resources needed to successfully mount a challenge and civil litigation case against much larger and well capitalized corporate rivals and hence, many potentially lucrative IP cases are dropped due to the lack of resources.

Danny Alex, CEO of CelebDirect Inc., has had many years of Intellectual Property experience and has successfully defended trademark infringement cases against some of the largest companies in North America. Mr. Alex’s prior experiences in Intellectual Property defense will allow CelebDirect to be selective in assessing all potential trademark and patent opportunities.

“Oftentimes large companies can bully individuals and small companies into dropping IP cases or bleeding them of available resources so they are unable to continue their IP defense,” commented Danny Alex. “CelebDirect is in the business of partnering with individuals and companies with respect to all and any product and service opportunities. The area of Intellectual Property defense is currently under serviced for smaller players. CelebDirect can be prominent in IP partnering and be selective to take on cases where undisputed ownership is demonstrated as well as a strong legal case for a positive outcome.”

It is also CelebDirect’s intent to potentially market any products and/or services via Direct Response whose Intellectual Property it successfully defends.

CelebDirect expects to make material announcements in the near future with respect to its Intellectual Property Division.

July 17 - CelebDirect Provides a Corporate Update to Investors

CelebDirect (OTC: CELI) recently provided a corporate update to investors regarding the company.

Complete corporate information can be found at:

http://www.pinksheets.com/pink/quote/quote.jsp?symbol=celi.

Financial

CelebDirect is in the process of completing its 2007 audit as part of its ongoing financial and material change disclosure policy. Corso & Company have been retained as the company’s Auditor. As well, Q1 and Q2 2008 financial results will be made available upon their completion at which time CelebDirect shall follow a pattern of timely quarterly disclosure practices.

CelebDirect has no debt and has a very low fixed cost structure. CelebDirect’s entire supply chain from Order Capture to Product Logistics is established on third party relationships through scaled volume contracts. Danny Alex, CEO of CelebDirect, takes a salary of $1.00 per year. The current fixed cost structure of the company on a monthly basis is below $7,000.00 since Danny Alex assumed the role of CEO back in early March.

The philosophy of CelebDirect is; “Dilution” erodes shareholder value while “Retained Earnings” builds shareholder value. It is this principle by which management operates and makes decisions on behalf of all shareholders.

Board of Directors

Robert Phan, Juan Garcia, Eddie Dang and Gregg Phan have resigned from the Board of Directors of CelebDirect. Two new Directors have been added to the Board, Thomas Jones and Sid Dutchak:

Sid Dutchak

Mr. Dutchak has served on several public company Boards, and within the past five years served on the Boards of How To Web TV Inc., Ergo Ventures Inc. and Maple Leaf Reforestation Inc, all of which are public companies. Mr. Dutchak served as the Province of Saskatchewan’s Minister of Justice. He previously practiced law and has served on various public companies as a director, officer and senior manager.

Thomas Jones

Tom Jones is the inventor of the Muscle Flex and has well over 30 years of experience in Martial Arts. He has a 4th degree black belt in Karate and holds national, international, and world kick boxing titles. Tom also holds 2 world records in the sport of running. Tom Jones is an extreme athlete, motivational speaker, martial arts expert, international kickboxing champion, endurance runner, inventor, humanitarian and child advocate.

OTCBB / 15c 211

CelebDirect is preparing its application for listing to the OTC Bulletin Board. The law firm of Applbaum / Zouvas has been retained to complete its 15c 211 and take the appropriate steps in the hopes to qualify for listing on the OTC Bulletin Board.

FEATURED COMPANY

MONOGRAM ENERGY INCORPORATED (OTC: MGRN)
"Up 20.00% in morning trading"

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:

July 16 - Monogram Energy, Inc. Reaches Agreement on New Lease

Monogram Energy, Inc. (OTC: MGRN) announced it has reached an agreement in principle to acquire 25% interest in a re-work well in the Williston basin located in Montana. As reported earlier, it is believed that this well has the capability to produce from 600 to 2,000 barrels of oil per day. Further, Monogram Energy, Inc. is excited because this agreement solidifies a relationship that opens the door to 180 acres of prospects located in the Williston basin. The Williston basin represents the largest North American oil find in history.

Mr. Billy King, Chief Executive Officer of Monogram Energy, Inc., stated, "We think this well has tremendous potential and could double the profit margin of the Company."

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

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:

July 16 - XsunX Expands Efforts to Secure Oregon Financial Incentives and Supply Statewide Burgeoning Renewable Energy Initiatives

XsunX, Inc. (OTCBB: XSNX), a solar technology Company engaged in the build- out of its multi-megawatt thin film photovoltaic (TFPV) solar manufacturing facilities, announced that efforts in the state of Oregon to establish its manufacturing facilities, qualify for state sponsored investment tax credits, low interest financing opportunities, and work towards establishing a presence as a qualified supplier to the states burgeoning renewable energy initiatives is gaining momentum.

The Company took possession of its leased TFPV manufacturing facilities two weeks ahead of schedule. With its corporate presence now firmly established in Oregon XsunX also recently submitted its first petition seeking certification for Oregon State Business Energy Tax Credits (BETC). With the BETC application XsunX is seeking up to approximately $20 million in tax credits for investments made by the Company in its TFPV solar module manufacturing systems. The state has established a program whereby BETC tax credits, if secured, can be marketed or resold at slightly more than half their face value to qualified companies in Oregon. The application for the BETC program also serves as a pre-certification in the Company's efforts to secure long term low interest loans from the state of Oregon for use in the build out and expansion of the first and subsequent phases of its planned 100MW of TFPV manufacturing infrastructure.

"Finalizing our lease and the presence of our new TFPV manufacturing facilities provides us with a milestone we've been planning for since last fall," stated Tom Djokovich, XsunX's CEO. "This milestone allows us to now work towards securing a number of the great incentives offered by Oregon and its progressive efforts to attract and establish a strong renewable industry. We've now submitted our applications for two of the larger incentive packages potentially worth many millions to us, and we've also begun bidding to supply a significant amount of renewable energy projects around the state. While the confidence in many of the financial aspects of the U.S. economy may be in flux one thing we're confident in at XsunX is that the need for alternate and diverse sources of energy is at an all time high. We are continuing to stay focused on the big picture and the long term value we see in the solar sector, and XsunX, is working to reduce dependence on carbon based fuels," concluded Djokovich.

FEATURED COMPANY

COPPER KING MINING CORPORATION (OTC: CPRK)
"Up 9.43% 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:

July 15 - Copper King Mining Corporation Announces Construction Updates

Copper King Mining Corporation (OTC: CPRK), an ore mining, processing, and Exploration company located in Southern Utah, today offered updates regarding its Floatation Mill’s construction near Milford, Utah.

Copper King announced today that it awarded the bid to construct the substation that will supply power to the Copper King concentrator as part of its Floatation Mill construction to AF Electric. AF intends to begin work next week. Construction of the Master Control Center building has commenced and is targeted to be completed in 3 weeks. Placement of electric cable trays and heavy conduit inside the concentrator, which will provide power to the ball mills and cyclone deck, will begin this week also.

July 15 - Copper King Mining Corporation Offers Corporate Updates

Copper King Mining Corporation (OTC: CPRK), an ore mining, processing, and exploration company located in Southern Utah, provided updates concerning prior officers of Copper King Mining Corporation.

In response to shareholder inquiry, Copper King announced that neither Daryl nor Sandra Nether are Copper King officers, directors or insiders and are not involved in the company’s operations. Daryl and Sandra Nethers are Copper King shareholders. The company is in the process of updating its information on Pink Sheets.com in order to remove any incorrect, outdated, inaccurate or derogatory data. Pink Sheets.com is not a governmental regulatory entity but rather a private company that provides a forum to lodge information about companies listed on the Pink Sheet Exchange to the public.

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 15 - Wind Energy America Inc. Rated 'Buy' by BrokerBank Securities

Wind Energy America Inc. (OTCBB: WNEA) has been rated a “Buy” by BrokerBank Securities’ Philip Wright, CFA.

The full report is available via download at https://brokerbanksecurities.com.

In the report, the analyst writes, “Boreal assets purchased by the Company included Boreal’s interests and development rights to various wind farm projects in the Upper Midwest and Great Plains regions and located in some of the most favorable wind regimes in North America for generation of electricity from wind power turbines. This extensive “pipeline” of wind power projects includes approximately 1,200 megawatts of rated turbine power capacity in various phases of design or development. WNEA shares are a BUY. These shares could triple in 12 months.”

FEATURED COMPANY

LANTIS LASER INCORPORATED (OTC: LLSR)
"Up 10.34% in morning trading"

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

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

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

LLSR News:

July 15 - Lantis' OCT Dental Imaging System Featured in Report on Light-Based Diagnostic Modalities for Early Decay

Lantis Laser Inc. (OTC: LLSR) (www.lantislaser.com) issued a statement drawing attention to a recent significant report on a leading professional dental website, www.DrBicuspid.com, highlighting the status of light-based diagnostic modalities for the early detection of decay.

Early detection of decay is an important part in the practice of minimally invasive dentistry and the “medical model” of finding disease early and treating it early with topical or chemical means to avoid surgical intervention.

Lantis' OCT Dental System is addressed in Part III.

The report was published on the Internet in three parts, with the last, Part III, titled:

"Beyond x-rays: Part III — OCT brings early decay to light" www.drbicuspid.com/index.aspx?sec=sup&sub=img&pag=dis&ItemID=300735&wf=34

Links to Part I and Part II, which discuss currently available diagnostic products, are accessible at the end of Part III.

Lantis' OCT Dental Imaging System is based on novel, light-based bio-medical imaging technology, Optical Coherence Tomography (OCT), that enables the dentist to do diagnostic imaging, chairside and in real-time. Images can be captured at a resolution of up to 10 times that of x-ray, enabling early detection of decay and detailed examination of microstructural defects. As the power source is light-based, unlike x-ray there is no harmful radiation.

STOCKS TO WATCH

CROSS ATLANTIC COMMODITIES INCORPORATED (OTCBB: CXAC)
"Up 87.50% in morning trading"

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

Cross Atlantic Commodities, Inc., a development stage company, imports and delivers coffee and coffee related products to customers in the United States, Europe, and Asia. The company was formerly known as Business Advantage 17, Inc. Cross Atlantic Commodities, Inc. was founded in 1998 and is based in Weston, Florida.

CXAC News:

July 17 - CXAC Updates Investment Community

CXAC Optimistic For Second Half of 2008

Cross Atlantic Commodities, Inc. (OTCBB: CXAC), manufacturers and distributors of nationally branded commodities, food and general merchandise to food stores, supermarkets and club stores, announced it is optimistic about the second half of 2008 and further updates the investment community of its progress.

CXAC continues to reorganize its corporation to better focus efforts on growth of its product line and bring value to shareholders. Jorge Bravo, President and CEO of CXAC explains, “Over the past two quarters we redefined this company and we will continue to fine tune our business model as we implement our plan of operation. First and foremost, our strategy is well on its way. We adjusted our corporate structure to better fit our business needs and we will announce details of our progress once our plan is confirmed. Second, we reinvented CXAC at its core. We are no longer focused on coffee and related products, our concentration is food and snack related items, beauty products and car care. We are taking full advantage of our relationships within theses industry and expect announcements released shortly.”

CXAC’s short and long term goals remain the same - aggressive production and marketing. CXAC is confident that the balance of this year will be monumental for this organization.

“I wanted to reiterate to our shareholders that our business plan remains on track. As funding becomes available we will continue to invest in our future. I remain comfortable with the financial targets for 2008. The Company also continues to pay down its debt during the past two quarters. I am also pleased to report that our operating momentum continues to remain strong as we go into our third-quarter,” said Bravo.

Based on these trends CXAC remains optimistic about the Company's prospects for the second half of 2008. “I look forward to sharing the successes in more detail in further press releases,” stated Bravo.

PINNACLE AIRLINES CORPORATION (NASDAQ: PNCL)
"Up 38.12% in morning trading"

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

Pinnacle Airlines Corp., through its subsidiaries, engages in the operation of a regional airline that provides airline capacity to Northwest Airlines, Inc. (Northwest) and Delta Air Lines, Inc. (Delta) in North America. The company operates an all-regional jet fleet and serves as a Northwest Airlink carrier at Northwest's domestic hub airports in Detroit, Minneapolis/St. Paul, and Memphis, as well as in Indianapolis. Pinnacle Airlines also operates as a Delta Connection carrier that provides airline capacity to Delta at its Atlanta hub. In addition, it has a regional airline that operates under partnership agreements with Continental Airlines, Inc. (Continental), United Air Lines, Inc. (United), and US Airways Group, Inc. (US Airways). Through the above partnership agreements, the company operates an all turboprop aircraft fleet and serves as a Continental Connection Carrier out of Houston/George Bush Intercontinental Airport, a United Express carrier out of Washington Dulles Airport, and as a US Airways Express carrier with operations at Pittsburgh, Boston, Washington Dulles, and New York/LaGuardia airports. As of December 31, 2007, it operated a jet fleet of 137 CRJ-200 aircraft as a Northwest Airlink carrier with approximately 770 daily departures to 115 cities in 36 states and 4 Canadian provinces, and 1 CRJ-900 aircraft as a Delta Connection carrier with approximately 6 daily departures to 4 cities in 4 states, as well as offered approximately 270 daily departures to 53 cities in 12 states. Pinnacle Airlines was founded in 1985 and is headquartered in Memphis, Tennessee.

PNCL News:

July 17 - Pinnacle Airlines, Delta Reach Agreement

Existing Contract to Remain in Effect

Pinnacle Airlines Corp. (NASDAQ: PNCL) reported that its Pinnacle Airlines, Inc. subsidiary will continue to fly for Delta Air Lines as a Delta Connection carrier under its existing contract, which expires in 2017. Delta previously served notice that it intended to terminate the contract, effective July 31.

"We have tremendous respect for the people at Delta," said Phil Trenary, Pinnacle Airlines Corp.'s president and chief executive officer. "Our discussions with them were amicable and we were able to resolve the issues at hand. We look forward to building on our hard-earned reputation for operating a safe, reliable and cost-effective airline to serve what will soon be the largest air carrier in the world."

Pinnacle entered into an agreement with Delta in April 2007 to operate 16 CRJ-900 aircraft as a Delta Connection carrier and began operations under the agreement in December. Pinnacle has already taken delivery of nine of the 16 CRJ-900 aircraft on order. As part of the resolution between the parties, the in-service dates of the remaining seven aircraft will be deferred until between January and May 2009. The 76-seat CRJ-900 NextGen jet has operating costs that are the lowest among comparably sized regional jets, providing for an economic, efficient aircraft in the Delta network.

WPT ENTERPRISES INCORPORATED (NASDAQ: WPTE)
"Up 12.22% in morning trading"

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

WPT Enterprises, Inc. engages in the development, production, and marketing of televised programming based on gaming themes. It operates in four segments: WPT Studios, WPT Global Marketing, WPT Online, and WPT China. The WPT Studios segment provides multi-media entertainment services through the domestic and international licensing of television broadcasts, international television sponsorship, and casinos and cardrooms that host televised events. The WPT Global Marketing segment offers branded consumer products, such as licensing World Poker Tour brand and logo; and corporate sponsorship and management of televised and live events. The WPT Online segment operates international real money gaming Web site at WorldPokerTour.com and domestic Web site at WorldPokerTour.com, which includes poker tournament coverage and live updates thereof, statistics, poker player information, and an online merchandise store, as well as ClubWPT.com. The WPT China segment focuses on building the sport and popular Chinese national card game, also known as Tuo La Ji or Traktor Poker. The company has a right to brand and exploit the WPT China National Traktor Poker Tour, as well as marketing and sponsorship rights in conjunction with the Traktor Poker Tour, including third-party branding at tour events and the right to exploit films and other content in various media, and rights to sell online and mobile subscriptions. It licenses its brand to companies in the business of poker equipment and instruction, apparel, publishing, electronic and wireless entertainment, DVD/home entertainment, casino games, and giftware. The company was founded in 2002. It was formerly known as World Poker Tour, LLC and changed its name to WPT Enterprises, Inc. in 2004. The company is based in Los Angeles, California. WPT Enterprises, Inc. is a subsidiary of Lakes Poker Tour, LLC.

WPTE News:

July 17 - Fox Sports Net and World Poker Tour® Ink Broadcast License for Season VII

FSN Will Air 26 All-New WPT Season VII Episodes Across Its National Sports Network

WPT Enterprises, Inc. (NASDAQ: WPTE) and Fox Sports Network (FSN) announced a partnership and broadcast license for Season VII of the World Poker Tour® (WPT) television series. FSN, the nation’s leading provider of local sports, received exclusive rights to air 26 all-new one hour WPT episodes in the United States across its national sports cable network.

“The World Poker Tour has a track record as the ultimate brand name in televised poker,” said George Greenberg, FSN Executive Vice President of Programming and Production. “FSN is very happy to televise such quality content and we look forward to future programming opportunities with the WPT.”

WPT, which films its tournaments in premiere properties around North America, will create 26 one-hour episodes from upcoming regular-season events. WPT will shoot the first two episodes today at the Bellagio Cup final table in Las Vegas. FSN and WPT will announce the timeslot and schedule for the complete season broadcast at a later date.

“FSN and News Corporation are two incredible powerhouses in the television industry that have played key roles in the growth and popularity of televised poker,” said Steve Lipscomb, WPT Founder, President and CEO. “It couldn’t be a better fit for WPT and our fans. We’re thrilled.”

WPT joins the ranks of MLB, NHL and NBA on the FSN network, which serves as the TV home to nearly two-thirds of all teams based in the United States. FSN’s 16 owned-and-operated regional networks and its affiliated networks reach more than 80 million homes across the U.S. FSN is owned and operated by News Corporation.

ABOUT FOX SPORTS NETWORK

FSN is the nation’s leading provider of local sports. FSN’s 16 owned-and-operated regional networks and its affiliated networks reach more than 80 million homes across the U.S. FSN serves as the TV home to nearly two-thirds of all MLB, NHL and NBA teams based in the United States. FSN also produces close to 5,000 live local events each year, including more than 1,600 in high definition. In addition to its thousands of home team games and a wide variety of locally produced sports programs, FSN televises national sports events and programs, including Pac-10 and ACC basketball and Pac-10 and Big 12 football.

GREENBELT RESOURCES CORPORATION (OTC: GRCO)
"Up 22.22% in morning trading"

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

Greenbelt Resources Corporation™ is committed to developing and implementing technology that makes reliable, practical, efficient alternative energy, efficient use of water and conversion of waste to usable products. The company's customers benefit from combined decades of research and development experience that includes expertise in the production of ethanol and bodiesel from traditional sources such as corn and non-traditional, yet highly efficient, sources including consumer product waste, algae, and others. Its subsidiary Diversified Ethanol Corporation™ designs, manufactures and installs modular ethanol plants for customers such as dairy and hog operatoins at the site of the feedstock. This eliminates the need of transporting the feedstock to the plant. The company's ethanol plants are built around the award winning Butterfield Closed Cycle System™.

GRCO News:

July 17 - Greenbelt Resources Secures $12 Million Purchase Order

Diversified Ethanol, a subsidiary of Greenbelt Resources Corporation (OTC: GRCO) has negotiated additional ethanol plant design Purchase Orders. One of the first of these Purchase Orders is a $12 million construction project based in Dade City, Florida in conjunction with Diversified Ethanol's current California Client, Master Recycling. Under the current Purchase Order Diversified Ethanol has agreed to run and operate the facility for a period of minimum 12 months or as needed, while at the same time maintaining a 15% ownership of the facility. Master Recycling processes waste both in Pomona, California and in Dade City, Florida.

This "new style" ethanol plant generates ethanol from food waste as well as other post consumer waste. The plant's compact size allows Diversified Ethanol to add an innovative water filtration system. The water filtration technology is an extremely important process in achieving an improved ethanol conversion, faster Local, State and Federal plant permitting, and increased profitability. The smaller waste-based plant designs achieve significantly improved cash flow when compared to large corn-based ethanol plants.

Master Recycling, in conjunction with Diversified Ethanol, originally agreed that the first plant should be built in Pomona, California. Where Plant designs had already been 75% completed. However Diversified and Master recycling came to the conclusion that it would be best for both companies to have the first plant be built in Florida, due to increased construction cost and current market conditions. Master's recycling operation in Dade City, Florida offers far less permitting hurdles and requires lower capital requirements for completion. Their operation in Dade City, Florida has existing buildings and infrastructure needed for a quicker ethanol plant adaptation for their waste based feedstock. More information will be forthcoming as the project moves forward.

Diversified Ethanol's co-founder, Floyd Butterfield, an award-winning ethanol plant designer, was recently featured in a New York Times article regarding the design and marketing of home waste-based ethanol conversion units. Mr. Butterfield states, "I am very excited about our clean, earth friendly technology and even more excited about the cash-flow numbers I have seen." Mr. Butterfield believes that hundreds of small ethanol plants can be built nationwide.

ETELCHARGE.COM INCORPORATED (OTCBB: ETLC)
"Up 6.25% 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:

July 17 - Etelcharge Announces Decision of California Bankruptcy Court to Approve Etelcharge's Acquisition of Payment One

Etelcharge.com (OTCBB: ETLC), the new online way to pay™, announced that the Company's acquisition of Payment One was approved by the United States Bankruptcy Court for the Northern District of California (San Jose, CA). As previously disclosed, Etelcharge entered into an agreement to acquire the outstanding equity of Payment One Corporation from The Billing Resource, which had filed for bankruptcy protection late last year. The decision of the Bankruptcy Court removes the most significant substantive condition to the closing of the transaction. It is anticipated that the additional customary closing conditions will be satisfied and the acquisition consummated within 45 days.

Pursuant to the acquisition agreement, Etelcharge will receive, by virtue of its acquisition of the Payment One equity, all of the Payment One assets, customers, nationwide telco coverage, a stellar employee base and technology developed over the past eight years.

"We are extremely pleased that the Bankruptcy Court rendered this decision," stated Rob Howe, Chairman and CEO.

"Our prospects now are extremely bright. Upon closing of the acquisition, our client list will have grown a hundred-fold over night, the prospects for new business are at our front door and we are working with the most talented people I have met during my tenure in the field of high technology. Of equal importance is the transition from a small company generating modest revenue, to a company generating $12 million in yearly revenue. The Payment One acquisition will create the foundation for the future growth of Etelcharge.com, which permits a 50 state strategy to expand our payment processing business," Howe concluded.

VERICHIP CORPORATION (NASDAQ: CHIP)
"Up 11.18% in morning trading"

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

VeriChip Corporation develops, markets, and sells radio frequency identification systems (RFID) to identify, locate, and protect people and assets in the healthcare market in the United States, Canada, and internationally. It operates in three segments: Healthcare Security, Implantable, and Industrial. The Healthcare Security segment offers infant protection systems under the Hugs and HALO brand names, which are used in hospital maternity wards and birthing centers to prevent infant abduction and mother-baby mismatching; wander prevention systems used by long-term care facilities to locate and protect their residents; and an asset/staff location and identification system used by hospitals and other healthcare facilities to identify, locate, and protect medical staff, patients, visitors, and medical equipment. The Implantable segment offers VeriMed system, a human-implantable RFID microchip, which can be used in various patient identification and security applications. The Industrial segment sells vibration monitoring instruments used by engineering, construction, and mining professionals to monitor the effects of human induced vibrations, such as blasting activity; and asset management systems used by industrial companies to manage and track their mobile equipment and tools. The company markets its products through direct sales force and distributors. Its customers include hospitals and long-term care facilities; healthcare professionals, such as physicians and individual patients; and other customers that purchase its systems for non-healthcare applications, such as construction, and oil and gas companies. The company was founded in 2001 and is headquartered in Delray Beach, Florida.

CHIP News:

July 18 - VeriChip Corporation Completes Sale of Xmark Corporation to Stanley for $47.9 Million Cash

VeriChip Corporation (NASDAQ: CHIP) (the "Company"), a provider of radio frequency identification (RFID) systems for healthcare and patient-related needs, announced it has completed the sale of its wholly-owned Canadian subsidiary, Xmark Corporation (“Xmark”), to Stanley Canada Corporation, a wholly-owned subsidiary of The Stanley Works (“Stanley”) for $47.9 million in cash, which consists of the $45 million purchase price plus a balance sheet adjustment of $2.9 million.

Under the terms of the Stock Purchase Agreement between the Company and The Stanley Works, the Company will use the proceeds of the sale of Xmark to retire all of the Company’s outstanding debt. The Company expects to realize net proceeds, after retiring its outstanding debt, paying transaction related costs, and other contractual commitments, of approximately $24.8 million. Under the terms of the Stock Purchase Agreement, $4.5 million of the proceeds will be held in escrow for a period of 12 months. The Company intends to fund a special dividend to stockholders currently estimated to be at least $15 million.

Scott R. Silverman, departing Chairman and Chief Executive Officer of VeriChip, said, “We are pleased to have completed the sale of Xmark to The Stanley Works. We believe the transaction, which provided an excellent valuation for Xmark, was in the best interest of our stockholders. It will enable us to pay off all of our outstanding debt and issue a special cash dividend to our stockholders. Furthermore, the search for potential buyers of our VeriMed Health Link business continues. The Company looks forward to updating you on the possible sale of that business or the entire Company and any additional cash dividend that may be paid to stockholders.”

“I want to thank Bill Caragol, Dan Gunther, Mike Feder, the Board of Directors and the entire VeriChip team for their hard work and dedication,” continued Silverman. “It has been an honor to work with all of you. You have taught me a lot and I wish you all the best.”

As previously announced, Scott R. Silverman and the Company mutually agreed that at the closing of the transaction Mr. Silverman would no longer be an officer or director of the Company. William J. Caragol continues as the Company’s President and Chief Financial Officer. Joseph J. Grillo, President and Chief Executive Officer of Digital Angel Corporation (NASDAQ:DIGA - News), the Company’s 48% stockholder, has replaced Mr. Silverman as Chairman of the Company’s Board of Directors.

Commenting on the transaction and Mr. Silverman’s departure, Joseph J. Grillo, Chief Executive Officer of Digital Angel Corporation and new Chairman of VeriChip Corporation stated, “I share Scott’s views about the completion of the sale of the Xmark business. Not only does it benefit VeriChip’s stockholders but it also significantly strengthens Digital Angel’s balance sheet. I look forward to working with the current VeriChip Board. On behalf of both Boards and on behalf of all our stockholders, I want to thank Scott for his years of service to VeriChip, Applied Digital, Digital Angel and all related companies. His professionalism, tenacity and perseverance for 13 years exemplifies his dedication to the success of these businesses. We wish him the best of luck.”