OTCPicks.com

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:

August 11 - Monogram Energy Inc. to Workover Three Wells

Monogram Energy Inc. (OTC: MGRN) announced that the workover of three wells on the T.W. Martin lease is scheduled to begin today. Upon completion, the Company expects to see a substantial increase in the production of these wells.

Mr. Billy King, Chief Executive Officer of Monogram Energy, Inc., stated, "We're anxious to get this completed, as we are anticipating some very positive results."

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

CELEBDIRECT INCORPORATED (OTC: CELI)
"Up 25.00% in morning trading"

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 28 - CelebDirect Identifies Numerous Other Potential Infractions for its Canadian Trademark ‘In the Raw®’

Following a successful ruling over the World Wrestling Entertainment (WWE) in Canada, CelebDirect (OTC: CELI) believes it has identified a number of additional trademark infractions regarding its trademark “In the Raw®” in Canada. CelebDirect is fully enforcing its rights and Canadian exclusivity for the stated wares and services connected to the Canadian “In the Raw®” trademark.

The Canadian Intellectual Property Office (CIPO) Opposition Board issued its decision on June 18, 2008 and denied the WWE’s “RAW” trademark for the wares and services listed below. The ruling confirmed that certain wares listed in the WWE’s “RAW” trademark application 1,153,018 were confusingly similar (and thus lacked distinctiveness) from the Alex “in the Raw” registered trademark (see July 22 Release for details).

CelebDirect believes it has identified a number of additional trademark infractions in Canada specifically in the Music and Entertainment idioms that it views as potentially significant with regards to its Canadian trademark “In the Raw®”. CelebDirect is fully enforcing its rights and Canadian exclusivity for the stated wares and services connected to the Canadian “In the Raw®” trademark following the CIPO ruling.

The CIPO ruling confirmed the Alex “In the Raw®” trademark ownership in the Music and Entertainment idioms in Canada for the wares and services defined. CelebDirect believes it can resolve potential infractions and conflicts regarding the “In the Raw®” trademark with a clear and sensible approach to resolution.

The CIPO’s 23 page ruling dated June 18, 2008 resulted in the World Wrestling Entertainment’s Canadian trademark application 1,153,018 for “RAW” being denied for the following ware:

“pre-recorded records; pre-recorded audio and visual tapes; pre-recorded video tapes and cassettes, pre-recorded audio-cassettes, pre-recorded tapes; posters; mounted and unmounted photographs; full line of clothing, namely tops, t-shirts, shirts, sweatshirts, sweaters, pullovers, blouses, jackets, coats, trousers, pants, jogging suits, exercise pants, exercise suits, sweatpants, shorts, underwear, boxer shorts, socks, clothing ties, pajamas, belts, gloves, wrist bands, bandannas; headgear, namely hats, caps; stickers; playing cards; mouse pads.”

CelebDirect recently unveiled the Muscle Flex™ (www.muscleflex.tv) and is preparing for wide-scale distribution through 30 minute infomercials and related media. The Muscle flex is the only machine of its kind that delivers strength, flexibility and cardio training in one fluid gliding motion. It also improves posture, sculpts and tones, and develops long lean toned muscles. The Muscle Flex is multi-patented.

“Muscle Flex”, “Extreme Machine” and “Your Workout Starts Here …” are trademarks of CelebDirect Inc., All Rights Reserved.

CelebDirect has finalized its purchase of "In the Raw®" trademark from Alex with the appropriate documentation currently being registered.

FEATURED COMPANY

QUOTEMEDIA INC. (OTCBB: QMCI)

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

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

QuoteMedia, Inc. is a leading software developer and provider of real-time streaming financial market information, decision-support, news and research solutions to brokerage, financial services companies, business and media corporations. Among its many leading-edge products lines, the Company offers data feeds, news, dynamic market content solutions, interactive stock research tools, financial applications and real-time wireless applications. QuoteMedia provides data and services for companies such as the NASDAQ, the OTCBB, Dow Jones & Company, Forbes.com, Scotia Capital, Business Wire, Southwest Securities, Regal Securities, FBR Direct, Broadridge Financial Solutions, Inc., AIM Trimark, Zacks Investment Research, ChoiceTrade, QTrade, Schaeffer's Investment Research, Automated Financial Systems, WallStreet*E, and others. For more information, visit www.quotemedia.com.

QMCI News:

August 7 - James Kelly Joins QuoteMedia's New York Office

QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data, corporate research information and financial applications, announced the addition of Mr. James Kelly as Corporate Sales Director in the company’s office in New York City.

Mr. Kelly brings nearly 20 years of experience in the Financial Services and Market Data Technology industries. Most recently, Mr. Kelly served as Vice President of Sales & Account Management for QUODD Financial Information Services, where his responsibilities were to develop and close new business among the brokerage professional market. Mr. Kelly was the top sales person in his time with QUODD, accounting for a significant portion of QUODD’s revenue during his tenure, including the addition of several major enterprise clients. Mr. Kelly has also held management and sales positions with several other major players in the industry, including Comtex News Network, Global Insight, Reuters/Bridge Information Systems, Wall Street Source, Federal Filings (Dow Jones), ILX Systems, Inc (Thomson Financial) and Lehman Brothers.

“We are very pleased that James is joining QuoteMedia,” said Dave Shworan, CEO of QuoteMedia Ltd. “He brings a wealth of experience to our company, particularly with regard to sales and business development within the sell side community, and I’m sure he’ll become an invaluable member of our team.”

“I’ve seen QuoteMedia’s development over the past few years, from virtual unknown to an emerging major player in the financial data industry, and the attention that it is generating with its entry into the professional market for streaming portfolio management services,” said Mr. Kelly. “QuoteMedia has earned a strong reputation both for the quality of its applications and technology, and its responsiveness to the needs of the industries it serves. I am thrilled to be joining the company as it continues its explosive growth.”

FEATURED COMPANY

COPPER KING MINING CORPORATION (OTC: CPRK)

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:

August 5 - 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 and a correction to a prior press release, concerning its mining and processing operations near Milford, Utah.

In response to several inquiries concerning a press release issued on March 24, 2008 by the company’s former investor relations firm without the company’s participation, Copper King’s management believes a correction to this press release is appropriate at this time.

Two power lines supply the power supply to the Copper King mill. One is approximately 3 ½ miles long and originates directly from the substation that will supply the mill concentrator with power. This supply line was rebuilt and upgraded by a local power utility, requiring new poles and other equipment. This utility upgrade now provides a connection point from which the company’s power line is now hooked south of the Ely Milford Highway. The company was assessed a substantial portion of the costs as its share of this improvement.

The company’s prior investor relations firm inadvertently confused pictures of this utility upgrade for the actual power line to the mill’s concentrator and issued a press release that included incorrect information about these two electrical connections.

In reality, nearly seven miles of new 46KV line has recently been built from the utility connection point to the company’s mill concentrator by the company’s contractor, Probst Electric of Heber, Utah, which construction should be completed this week. The company avers that the work performed by Probst Electric is unparalleled in light of cost, construction time and the quality work product. The company will issue more construction updates in the following weeks.

FEATURED COMPANY

U.S. MINE MAKERS INCORPORATED (OTC: USMM)

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

Company Profile:
http://www.otcpicks.com/us-mine-makers/us-mine-makers-2.htm

U.S. Mine Makers, Inc. is a US-based company engaged in "eco friendly" mining and processing of precious metals in Idaho, Nevada and Canada. The Company processes ore concentrate and hard rock ore to recover residual gold, platinum, rhodium and other precious metals from waste rocks of old abandoned mines. The Company`s goal is to process ore in a safe and economical manner, with little or no environmental impact.

USMM News:

August 4 - U.S. Mine Makers Goes 'Green' With Their Gold Recovery Process

U.S. Mine Makers, Inc. (OTC: USMM) prides itself as “eco-friendly,” and this company model is evident in the gold and platinum recovery process they have developed and are implementing in their new pilot plant. The company's new pilot plant and their future full-scale production plant are being designed to be much more environmentally friendly than gold processing plants that have traditionally used highly toxic forms of Cyanide to leach the gold from the ore. USMM has developed and tested a process that uses Sodium Bromide in place of Sodium Cyanide resulting in much more “eco-friendly” waste byproducts in their recovery process.

For years, mining and ore processing companies have been recovering gold and other precious metals using a Sodium Cyanide leaching process. The vast majority of gold mining companies have used this environmentally damaging process. Milling and heap leaching require cycling of millions of liters of alkaline water containing high concentrations of potentially toxic NaCN, free cyanide, and metal cyanide complexes that are frequently accessible and hazardous to wildlife. Some countries such as Argentina are starting to outlaw the use of Cyanide in gold and precious metal processing and the environmental impact is being investigated by other countries and environmental agencies as well.

The leach process that USMM is using utilizes Sodium Bromide (NaBR). Sodium Bromide and other waste byproducts in USMM's recovery process present a very low environmental hazard, and USMM's research has proven Sodium Bromide to be an effective and efficient catalyst in their metal leaching process.

U.S. Mine Makers CEO Ronald Bell stated, “Since our company's inception we have been committed to the use of environmentally friendly business practices and processes. For years we have been involved in the remediation and restoration of toxic mine sites, and now we are extending our 'eco-friendly' and 'Green' philosophy to our gold and platinum metals recovery process. We are committed to creating value for our shareholder in everything we do, but we also want to create that value in a sustainable and 'eco-friendly' way.”

STOCKS TO WATCH

MEDICAL INSTITUTIONAL SERVICES HOLDINGS (OTC: MIHS)
"Up 66.67% in morning trading"

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

MIHS is a wholesale distributor of medical supplies to physicians' offices, clinical laboratories, urgent care centers and hospitals. MIHS utilizes numerous methods of marketing its products including traditional office visits as well as a physician network system. All services and products are provided via the web. MIHS has one of the most extensive online ordering systems in the nation. MIHS also has a 24 hour delivery system which makes it the most proficient ordering system in healthcare today. MIHS also has a Minority Business Certification where in the company can bid on major contracts with hospitals nationwide.

MIHS News:

August 5 - Medical Institutional Services Holdings, Inc. Announces Business Transformation

Medical Institutional Services Holdings Inc. (OTC: MIHS) announced that the company will undergo a total transformation which will change its distribution focus from medical supplies to security products.

The new corporation will be called In Control Security. It will supply products from three main electronic security classes that include intrusion detection & security screening, video management & intelligent video and access control & identity management.

It is estimated that the company will raise up to $50,000 in revenue per month by selling its security packages. Each package will contain a digital recorder and surveillance cameras. In Control Security will have an online store that targets security integrators and contractors.

The plan is to supply the market with the best security technologies at the best possible price, meanwhile, keeping in focus higher profit margins through a strong organization of local professionals.

VERICHIP CORPORATION (NASDAQ: CHIP)
"Up 34.58% 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 and internationally. It offers VeriMed system, a human-implantable RFID microchip, which can be used in various patient identification and security applications. 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. The company was founded in 2001 and is headquartered in Delray Beach, Florida.

CHIP News:

August 8 - VeriChip Corporation Declares Special Cash Dividend of $1.35 Per Share

Company Provides Update on Strategic Alternatives for Its VeriMed Business and the Company as a Whole

As previously announced, the Board of Directors of VeriChip Corporation (the “Company”) (NASDAQ: CHIP), a provider of radio frequency identification (RFID) systems for healthcare and patient-related needs, approved an initial, special cash dividend to be paid on a pro rata basis to its stockholders, the aggregate amount of which is estimated to be up to $16.2 million (the “Special Dividend”). On August 8, 2008, the Board of Directors of the Company declared a one-time Special Dividend payment of $1.35 per share to its stockholders. The Special Dividend is payable on August 28, 2008 (“Payment Date”) to stockholders of record as of August 18, 2008 (“Record Date”).

Because of the magnitude of the Special Dividend, the Company's common stock will begin trading without the dividend, on an ex-dividend basis on August 29, 2008 (i.e., the first business day following the Payment Date), in accordance with NASDAQ listing rules. Stockholders of record on the Record Date who sell their shares on or before the Payment Date will also be selling their right to receive the Special Dividend. We believe that trading without the dividend, or on an ex-dividend basis, will have no impact on the Company’s NASDAQ listing status.

William J. Caragol, VeriChip’s President and Chief Financial Officer, said, “Following the successfully completed sale of our Xmark subsidiary in July 2008, I am pleased to announce this special dividend of $1.35 per share to our stockholders, which is at the high-end of the range we previously announced. Immediately after issuing this dividend, the Company will be debt-free and expects to have in excess of $4.0 million in cash on hand and $4.5 million of restricted cash which is being held in escrow until July 2009 to support indemnification obligations, if any, under the stock purchase agreement with The Stanley Works.”

“As for the future of VeriChip, the Board of Directors continues to evaluate potential strategic transactions regarding the VeriMed Health Link business and the Company as a whole,” continued Caragol. “We look forward to updating the investor community as events develop.”

There are tax implications related to the Special Dividend for both U.S. and non-U.S. holders of the Company’s common stock. Please see the Company’s previously filed Proxy Statement on Form DEFM14A filed with the Securities and Exchange Commission on June 17, 2008, which generally describes such implications. For U.S. federal income tax purposes, the Special Dividend will not be a taxable event to the Company. The Special Dividend will be treated as a taxable dividend to the extent of the Company's current or accumulated earnings and profits (computed using U.S. federal income tax principles), with any amount in excess of such current or accumulated earnings and profits treated as a non-taxable return of capital to the extent of the holder's adjusted tax basis in their shares of the Company's common stock and, thereafter, as a capital gain.

Because the Company's current earnings and profits must take into account the results of operations for the entire year in which the Special Dividend is made, the Company will not be able to determine the portion of the Special Dividend that will be treated as a dividend until after the close of the taxable year in which the Special Dividend is made. If the portion of a U.S. holder's Special Dividend that is treated as a dividend equals or exceeds 10% of the U.S. holder's tax basis in the U.S. holder's shares of the Company's common stock, the dividend may be treated as an “extraordinary dividend.” Stockholders will receive a Form 1099-DIV in early 2009 notifying them of the portion of the Special Dividend that is treated as a dividend for U.S. federal income tax purposes. Stockholders are advised to consult with their own tax and financial advisors regarding the implications of the Special Dividend.

247MGI INCORPORATED (OTC: TOFS)
"Up 8.33% in morning trading"

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

247MGI, Inc. does not have significant operations. It intends to acquire assets or shares of an entity actively engaged in business. Previously, the company, through its subsidiary, Yard Sale Drop Off, Inc., operated as a trading assistant and power seller that assisted others to list and sell items through on-line auctions on the eBay Web site. The company was founded in 1991 and is based in Fort Lauderdale, Florida.

TOFS News:

August 7 - 247MGI Issues Clarification

247MGI, Inc. (OTC: TOFS) (“247MGI”) wishes to clarify its shares structure and plans for the Company moving forward. The Company has 500,000,000 shares authorized of which 230,000,000 are in the float and 270,000,000 are restricted. Part of the restricted 200,000,000 shares where reissued after being canceled so they could be used as collateral in a settlement, if the settlement is not completed then the shares will be returned to the Company and converted back to Preferred.

The Company has no plans to increase the Authorized shares or complete a Reverse Split. The new management will be in place by August 20th and the first order of business will be to get the Company re-listed on the OTCBB then announce its Advisory Board which will assist the Company in identifying potential acquisitions once the Company becomes a Business Development Company. The Company has five planned investment areas Finance, Manufacturing, Medical, Green Technology, and Media.

CLEARONE COMMUNICATIONS INCORPORATED (NASDAQ: CLRO)
"Up 27.54% in morning trading"

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

ClearOne Communications, Inc. develops, manufactures, and markets audio conferencing products in the United States and internationally. Its product line includes audio conferencing systems that are used in executive boardrooms, courtrooms, hospitals, classrooms, and auditoriums; premium conferencing systems that integrate with video and Web conferencing systems; tabletop conference phones used in conference rooms and offices; and personal conferencing devices that are used with laptops and other portable devices. The company also manufactures audio conferencing products with microphones and conferencing-specific furniture. ClearOne primarily markets its products to companies and institutions to small and medium-sized businesses, educational institutions, and government organizations, as well as individual consumers through a distribution network of independent distributors, who then sell those to dealers, systems integrators, and resellers. The company was founded in 1983 and is headquartered in Salt Lake City, Utah.

CLRO News:

August 11 - ClearOne Announces Tender Offer to Repurchase up to 2,000,000 Shares Representing 20% of Shares Outstanding

ClearOne Communications, Inc. (NASDAQ: CLRO) announced that it intends to repurchase up to 2,000,000 of its shares in a modified Dutch auction tender offer at a price per share of no less than $4.00 and no greater than $5.00 per share. If the offer is fully subscribed at the maximum per share price of $5.00, the company’s outstanding shares would be reduced by approximately 20% at an aggregate cost of approximately $10 million. The tender offer will commence on or about August 18, 2008, and expire 20 business days thereafter, unless extended. The tender offer will be financed from the company’s existing cash and investments.

ClearOne’s board of directors has approved the tender offer but neither the company nor its board of directors is making any recommendation to shareholders as to whether to tender or refrain from tendering their shares. Shareholders must decide how many shares they will tender, if any, and at what purchase price(s) their shares should be tendered.

RAPID FITNESS INCORPORATED (OTC: RPDI)
"Up 25.00% in morning trading"

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

Rapid Fitness Inc. offers fitness and health services to women. The company provides circuit training, indoor tanning, supervised child care, group exercise classes, yoga, pilates, aerobics studio, and personal training services. Additionally, it offers nutritional programs, rapid fitness learning center, and massage therapy services. Rapid Fitness Inc. is headquartered in Hollywood, Florida.

RPDI News:

August 11 - Rapid Fitness, Inc. Announces Board of Directors Signed and Approved Name Change

Rapid Fitness, Inc. (OTC: RPDI), a publicly traded company currently on the Over the Counter, announced that the board of directors signed and approved a name change. As of Friday Aug 8, 2008 Rapid Fitness, Inc. file and changed the name to Tri-Star Holdings, Inc. affective immediately. We expect the changing of the cusip and symbol take place within 15 days. We have also requested all certs and stocks to be physically exchanged for the new Tri-Star Holdings, Inc. certs.

Rapid Fitness President & CEO Anthony Mellone stated, "This is a good move for the company; it shall force all the shorts to cover and the brokers not willing to support the company to get out of our way for a while, giving us a chance to complete the restructuring of the company. This should give us increased shareholder value. As I stated before — this will simultaneously reward our loyal shareholders and thwart any potential naked short selling activities or market abuses and force the shorts to cover. I would like to reassure shareholders that while growing the company's bottom line is our day-to-day business, we are examining any potentially negative market activities impeding our long term value, and exploring direct means of recourse."

WITS BASIN PRECIOUS MINERALS INCORPORATED (OTCBB: WITM)
"Up 20.87% in morning trading"

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

Wits Basin Precious Minerals, Inc., together with its subsidiaries, engages in the exploration and development of mineral properties in South Africa, Mexico, and Colorado. The company holds interest in the FSC project, a gold exploration project located adjacent to the Witwatersrand basin in South Africa; the Bates-Hunter mine located in Central City, Colorado; and a 50% interest in the Vianey Mine Concession located in the state of Guerrero, Mexico. It also holds an option to acquire interests in a nickel mining property and three iron ore mining properties located in the People's Republic of China. The company, formerly known as Active IQ Technologies, Inc., was founded in 1992 and is based in Minneapolis, Minnesota.

WITM News:

August 11 - Wits Basin Signs Iron Ore Definitive Purchase Contract

Wits Basin Precious Minerals Inc. (OTCBB: WITM) announced the signing of purchase contracts for the acquisition of a producing iron ore mine, a separate, nearby drill-indicated iron ore resource, and a processing plant located near Maanshan, Anhui Province in the People’s Republic of China.

The producing mine and the drill-indicated resource total more than 94 million tonnes of magnetite iron ore. The processing plant is now producing up to 1,700 tonnes per day of iron ore concentrate that averages 62% Total Iron (TFe). All concentrate now being produced is sold directly to nearby steel mills at negotiated spot prices. Wits Basin is planning a staged increase in production.

The purchase price and terms materially conform to previously announced terms and conditions. The payments are subject to confirmation of permits and ore rights and other such ordinary and customary required due diligence rights.

In related news, the Company has engaged Loong Keat Tan, a former Rio Tinto mining executive on an exclusive, full-time basis. Mr. Tan served Rio Tinto for 21 years, serving as General Manager of world class projects including Hamersley Iron’s Mount Tom Price Operations in Western Australia and Bougainville Copper Ltd.’s mine in Papua New Guinea. He also served as head of Rio Tinto Asia’s Hong Kong office and Rio Tinto’s Beijing Representative Office.

“Wits Basin continues to make significant progress in securing a project that is revenue producing and cash flow positive,” remarked Wits Basin CEO Stephen D. King. “We are excited to be moving to the next step in acquiring this China-based iron ore business.”

BLUE EARTH SOLUTIONS INCORPORATED (OTCBB: BESN)
"Up 16.36% in morning trading"

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

Blue Earth Solutions, Inc., a development stage company, engages in the recycling business. The company implements and markets a practical means of recycling polystyrene foam, also known as Expanded Polystyrene (EPS). It owns the StyroSolve system, a patented closed-loop process for collecting and recycling EPS foam products. The company was founded in February 2008 and is headquartered in Clermont, Florida.

BESN News:

August 8 - Blue Earth Solutions Announces the Addition of Richard Mays as Special Counsel for Government Affairs and the Closing of the Purchase of the Clermont, Florida Facility

Blue Earth Solutions, Inc. (OTCBB: BESN) closes on building in Clermont, Florida. Patricia A. Cohen and family used personnel funds for the down payment of $676,000 that will be converted to preferred stock. The balance of the building was seller held financing at a rate of 7% interest only 3 year balloon. This building will serve as the company’s first major processing center and corporate headquarters.

Blue Earth Solutions, Inc. is also excited to announce Richard Mays joining Blue Earth as “Special Council for Government Affairs”. Following law school, Mr. Mays worked at the United States Justice Department in Washington, D.C. under the Attorney General Graduate Program and eventually returned to Arkansas to serve as Pulaski County Deputy Prosecuting Attorney. Thereafter, Mr. Mays entered the private practice of law and while practicing law was also elected to the Arkansas General Assembly in 1972, becoming the first African American elected to that body in the 20th Century. Mr. Mays is a former Arkansas Supreme Court Justice appointed by President Clinton during his first term as Governor of Arkansas. In 1990, Mr. Mays was appointed to the Arkansas Ethics Commission by then Governor Clinton and served as its first chairman. During the 1992 presidential campaign, Mr. Mays served as a member of the Clinton-Gore National Finance Committee and later as a National Co-Chairman of the Inaugural Committee. In 1993, Mr. Mays was appointed Deputy Treasurer of the Democratic National Finance Committee. From 1993 to 1995, Mr. Mays was also employed as a Senior Vice-President of Cassidy & Associates, one of the largest public affairs firms in Washington, D.C.

Patricia A. Cohen, CEO, was quoted, “My confidence in the future of the company shows in my eagerness to personally finance the expansion. With the opening of the plant, the overwhelming participation from major corporations, and the support of such esteemed individuals as Richard Mays, I feel that we are right where we need to be to accomplish every goal we set out for and beyond.”