OTCPicks.com

Daily Market Movers 1-4-08

For Friday, January 4th

EBFD, MNDP, QMCI, RHGP, BSGC
QMNM, INBG, ARRT, BDGR, IFNY, PHGI, IPWG, ESRG

Our Stocks to Watch today include eBenefits Direct, Inc. (OTC: EBFD), Mindpix Corporation (OTC: MNDP), QuoteMedia, Inc. (OTCBB: QMCI), Renhuang Pharmaceuticals, Inc. (OTCBB: RHGP), BigString Corporation (OTCBB: BSGC), Quest Minerals & Mining Corp. (OTCBB: QMNM), International Building Technologies Group, Inc. (OTCBB: INBG), AmeriResource Technologies, Inc. (OTCBB: ARRT), Black Dragon Resource Companies, Inc. (OTC: BDGR), Infinity Energy Resources, Inc. (NASD: IFNY), Perihelion Global (OTC: PHGI), International Power Group, Ltd. (OTCBB: IPWG) and Electron Solar Energy (OTC: ESRG).

FEATURED COMPANY

EBFD

EBENEFITSDIRECT (OTC: EBFD)

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

Company Profile:
http://www.otcpicks.com/ebenefits-direct/ebenefits-direct.htm

eBenefits Direct, Inc. is a nationwide leader in the direct marketing and distribution of a wide range of health and life insurance products to individuals, families and groups. By utilization of its many call centers across the country it enables an individual to efficiently purchase health and life insurance as well as medical and discount service programs. The company has revolutionized the way health and life insurance has historically been sold. eBenefits Direct, Inc.'s approach is through many mass distribution areas such call centers, the internet and massive lead generation programs.

EBFD News:

December 14 - eBenefits Direct Subsidiary, L.A. Marketing Plans, Launches Call Center in Portland, Maine, to Market Healthcare Programs to Uninsured Individuals Across the U.S.

L.A. Marketing Plans LLC, a wholly owned subsidiary of eBenefits Direct, Inc. (OTC: EBFD), announced recently that its exclusive RightHealth program has expanded its operation with a new call center facility located in Portland, Maine. This addition will allow RightHealth to reach a significant market of uninsured consumers.

“We are very pleased to be able to offer the RightHealth portfolio of products for distribution through this call center. RightHealth, a medical discount program, provides a helpful solution to individuals that do not qualify for or cannot afford major medical insurance. Through the association membership, individuals are provided access to medical discounts and additional defined insured benefits. The launch of this new facility will help expand and promote the RightHealth programs,” said Rob Michaelson, President of L.A. Marketing Plans LLC.

RightHealth provides members a combination of discounts on healthcare costs, including physicians, dental and vision, and access to a variety of other valuable healthcare features, such as defined accident insurance coverage, including accident disability income and an emergency rescue plan, through membership in America's Health Care Consumer Association.

The RightHealth programs are available through Access Plans USA, Inc. (www.accessplansusa.com), a publicly traded company. Access Plans is a nationwide distributor of health insurance and non-insurance healthcare programs that provide access to affordable healthcare for the growing number of uninsured and/or underinsured in the United States. For more information on the RightHealth programs, visit www.righthealthplan.com.


FEATURED COMPANY

EBFD

MINDPIX CORPORATION (OTC: MNDP)

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

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

Mindpix is positioned as a powerful and positive media group of companies. Ultraflex Fitness, UltraFlex Medical, Mindpix Production, and Mindpix Development are all actively engaged in “for profit” productions or projects.

UltraFlex Fitness: Developing and marketing the patent pending UltraFelx Fitness Rod. UltraFlex Fitness promotes a new style of resistance training called Target Perfect Resistance.

UltraFlex Medical: UltraFlex Medical is poised to make significant inroads to the $11 Billion US outpatient rehabilitation market. Ultraflex medical is already working with rehab industry professionals to create unique and proprietary physical therapy curriculum.

Mindpix Production: Mindpix continues to produce, direct, and provide post-production services for promising documentaries and other niche profitable projects.

MNDP News:

December 31 - Mindpix Management 2007 Year-End Letter to Shareholders

Management of Mindpix (OTCBB: MNDP) has determined it necessary to give a 2007 year-end update on the progress of the UltraFlex fitness device as well as make our shareholders aware of recent material decisions regarding previously announced press releases.

Looking back at the year in review Mindpix has reached many important UltraFlex milestones including completing a successful twelve-week UltraFlex fitness and weight loss study, producing workout DVDs, production of a "man on the street" featuring first-time users, signed the 2007 Female Presenter of the Year Forbes Riley, introducing TheraFlex to the Physical Therapy and Training to Physiotherapy Associates, acquiring testimonials from fitness instructors and personal trainers, a physical therapy training DVD, signing a major celebrity, introducing new physical therapy and active senior products (TheraFlex) to name a few. It has been quite a year and the outlook for 2008 looks equally promising.

Mindpix has decided for strategic reasons not to air UltraFlex commercials in conjunction with Supplements To Go Ms. Fitness World Pageant. Mindpix had previously announced (Nov 19th 2007) that it intended to air two sixty-second commercials during the pageant broadcast on Fox Sport News beginning January 1, 2008. It was determined that airing the commercials prior to our infomercial national launch would not make good marketing sense particularly due to the fact that our celebrity talent would not be featured in the commercials. Mindpix holds the option to air commercials beginning in May 2008 during the Supplements To Go Ms. Fitness USA Pageant.

Mindpix management also has cancelled the exhibition at the annual Baseball Team Medicine Conference in St. Louis on January 3-5, 2008. A scheduling conflict made it impossible for our medical division team to attend.

Management believes that the marketing strategy in place is sound and looks forward to executing the business plan with profitable results for 2008. Mindpix has benefited from loyal shareholders who have taken the time to review our progress and communicated with us ways in which they can assist us in reaching our business goals.

Mindpix wishes each of you a happy and prosperous new year.

David R. Ballif, CEO
Mindpix Corporation


FEATURED COMPANY

IMAGE

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:

December 5 - QuoteMedia Brings Respected Market Data Industry Veteran Onboard; Opens NYC Office

QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data, corporate research information and financial applications, announced today the appointment of Mr. George Katsch as Corporate Sales Director, to lead the company’s new office in New York City.

Mr. Katsch brings more than 15 years of experience in selling and supporting financial information and technology solutions to the Brokerage, Financial Service, Media Publishing and Investor Relations industries. Most recently, Mr. Katsch served as Vice President of Sales for FinancialContent, Inc., where he was responsible for business development and sales for the entire North American market. Mr. Katsch has also held key management positions with Standard and Poor’s and Interactive Data Corporation (Comstock), where he managed senior account representatives and support staff. He was principally responsible for maintaining over $50 million in revenues and generating new sales.

“George is very well-known as a successful, skilled professional in our industry, and we’re excited that he is joining the QuoteMedia sales team, heading up our New York office,” said Dave Shworan, CEO of QuoteMedia Ltd. “He brings a wealth of experience to our company, and skill sets that make him an immediately great fit with QuoteMedia, as we continue our explosive growth.”

“From within the industry, I’ve watched QuoteMedia’s remarkable growth over the past few years. I have been very impressed with QuoteMedia’s emergence as a major player in the financial data industry, and the potential for further growth is extraordinary,” said Mr. Katsch. “QuoteMedia is definitely going places, and I’m excited to be a part of it.”


FEATURED COMPANY

IMAGE

RENHUANG PHARMACEUTICALS (OTCBB: RHGP)

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

Company Profile: http://www.otcpicks.com/renhuang-pharma/renhuang-pharma.htm

Renhuang Pharmaceuticals, located in Harbin of Heilongjiang Province in Northeast China, is a leading integrated developer, manufacturer and distributor of a broad line of high-quality nutraceutical, natural medicinal and bio-pharmaceutical products. The Company provides three major product lines including the Acanthopanax-based natural medicinal products, Shark Power Health Care series and Traditional Chinese Medicines. Renhuang's key product line is Acanthopanax-based products, an effective natural medicine in treating depression and melancholy and offering various other health benefits. By controlling an estimated 70% of China's natural resource of Acanthopanax (also known as Siberian Ginseng), the Company has a dominant market position in Acanthopanax-based natural medicines. The Company distributes its products through a multi-layer sales network of over 2000 sales agents. Its products are not only sold nationwide but also exported to Russia and Southeast Asia. Renhuang has established a multi-channel research and development infrastructure composed of in-house researchers, a post-doctoral working center, and collaboration with well known institutions and scientists. In manufacturing, the Company strictly follows the international GMP certified quality standards and system by utilizing cutting-edge technologies, the state of the art equipment, and the proprietary innovative and award winning processes. For more information about Renhuang Pharmaceuticals, visit www.renhuang.com.

RHGP News:

December 17 - StockGuru Announces a New Executive Interview With Mr. Li Shaoming of Renhuang Pharmaceuticals

John Pentony, Publisher of Stockguru.com announced that the company has posted a new podcast interview featuring Renhuang Pharmaceuticals, Inc. (OTCBB: RHGP). Pentony interviews Mr. Li Shaoming, CEO and Chairman of the Board, for Renhuang Pharmaceuticals. In the interview Mr. Li discusses the company and its recent news from the company including its recently announced Olympic year prime time television ad space on China Central Television (also known as "CCTV").

To listen to the interview, visit www.stockguru.com/podcasts/?p=21.


FEATURED COMPANY

IMAGE

BIGSTRING CORPORATION (OTCBB: BSGC)

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

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

BigString Corporation, through its subsidiary, BigString Interactive, Inc., provides email services. It offers BigString, which is a Web-based, POP3 server email service solution that allows the user to edit, recall, cancel, and erase the email, as well as insert or delete attachments, even after the email has been sent out and opened. The company also provides BigString Beta 2.0 that offers erasable, recallable, and self destroying applications, non-printable and non-forwardable emails, set time or number of views, and masquerading to protect the sender's privacy and security. BigString Beta 2.0 also provides spam filters, virus protection, and large-storage web-based email accounts. The company's products include BigString Free, which provides the features of BigString Beta 2.0, and includes 1GB of storage and permits the user to send unlimited emails per month; BigString Premium, which offers the features of the BigString Free account, plus vanity domains, POP3 access using any email client, 2GB of storage, and 30 minute video email; and BigString Business that offers the features of the BigString Premium account, plus 10 email accounts, 20GB of storage, global filter notification, and email management. BigString Corporation also offers BigString Marketer Pro, which provides an enterprise marketing software application which allows for the sending of interactive video email commercials that can be programmed to self-destruct at a set time; and BigString Marketer SMB, a hosted video email marketing platform for small and medium size businesses. The company was founded in 2003. It was formerly known as Recall Mail Corporation and changed its name to BigString Corporation in 2005. Bigstring Corporation is based in Red Bank, New Jersey.

BSGC News:

December 18 - BigString Corporation Launches Facebook Application Enabling Users to Send Self-Destructing Videos

BigString Corporation (OTCBB: BSGC) has launched an application for Facebook that enables users to record or upload videos that can be programmed to self-destruct at a specific time or after a set number of views. This is part of a new BigString initiative to develop social networking messaging applications built around the company's core technology.

The video application will allow users to send private self-destructing video messages or to post public video messages to the recipient’s wall. Users can record a video message directly to the application or upload a pre-existing message.

Darin Myman, President and CEO of BigString Corporation, noted that "Video message privacy and security is very important in a world where you can very easily find your personal videos being put up without your permission on sites such as YouTube. Social networks such as Facebook interface well with BigString’s proprietary messaging technology. We provide added value to websites focused on social networking, online dating or user-generated content where protecting a user’s privacy is a major consideration."


STOCKS TO WATCH

QUEST MINERALS & MINING CORPORATION (OTCBB: QMNM)
"Up 7.14% in morning trading"

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

Quest Minerals & Mining Corp. engages in the acquisition and operation of energy and mineral related properties in the southeastern part of the United States. It owns leasehold interests in various coal properties in eastern Kentucky. The company was founded in 2003 and is based in Paterson, New Jersey.

QMNM News:

January 4 - Quest Minerals & Mining Announces Letter of Intent with Powell Branch Energy

Quest Minerals & Mining Corp. (OTCBB: QMNM) (Frankfurt: QMNB), a Kentucky based operator of energy and mineral related properties, announced its intent on a joint venture with Powell Branch Energy coal properties in southern Kentucky.

The initial project would encompass 1,400,000 tons of coal reserves from the Elkhorn # 3 coal seam structured through a lease agreement to mine property held by Powell Branch Energy.

Quest CEO Eugene Chiaramonte, Jr. said, “This relationship continues our expansion and diversification program previously announced to help increase shareholder value and diversify our current properties. The Elkhorn # 3 seam has proven to be one of the most accessible coal seams in Eastern Kentucky with seam heights ranging between 55 to 60 inches. The additional reserves from this project can be reopened and ready to mine without any rehab. As soon as the permits could be transferred, production would take place in early 2008 with a potential result of 30,000 tons per month.“

The company is currently raising capital to adequately pursue this opportunity, and any such expansion by the company will depend on the company's ability to attract new investment capital to support the potential growth into these sectors.


INTERNATIONAL BUILDING TECHNOLOGIES GROUP (OTCBB: INBG)
"Up 98.00% in morning trading"

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

International Building Technologies Group, Inc. engages in the manufacture and sale of building panels used in construction worldwide. It also provides site planning, architectural and engineering services, contractor services, materials, equipment, training, and supervision. The company is based in Alameda, California.

INBG News:

January 4 - International Building Technologies Group, Inc. Signed a MOU to Acquire a Machinery Manufacturing Co. With USD 3.9 Million Worth of Assets

International Building Technologies Group, Inc. (OTCBB: INBG) announced that it has recently entered into a Memorandum of Understanding (MOU) to acquire a machinery manufacturing company in Wuhan, Hubei Province of China. The Hubei InteWufeng Machinery Co., Ltd. currently offers several lines of equipment, but its machining capabilities can be retooled to manufacture the panel production manufacturing systems that IBT will utilize in several planned projects in China and other countries.

The signed MOU has specified the basic terms of a Final Agreement to acquire the machinery manufacturing company following due diligence and financial review by both companies. Financial information provided by the Hubei InteWufeng Machinery Co., Ltd. states the company currently has assets worth RMB 28.5 million (US Dollar 3.9 million approx.) and generated revenue of RMB 30 million (US Dollar 4.1 million approx.) in the year of 2007.

Stated Kenneth Yeung, CEO of International Building Technologies Group, Inc., “This potential acquisition would give IBT the ability to manufacture its proprietary equipments of panel production machinery. The Hubei InteWufeng Machinery Co., Ltd. currently has state of the art tool and machining systems, experienced engineers, design capabilities for new lines of equipment as well as strong service and after-sales support. Strategically, this acquisition would strongly support IBT’s ability to supply the market for building panels in China and throughout the world.”

The acquired company is located in Wuhan, Hubei Province of China. It is a machinery factory that manufactures equipment, production lines and heavy equipments for mineral refinery in China. It has been one of the key players in the same type of equipment manufacturing industries for the last decade. For further information of The Hubei InteWufeng Machinery Co., Ltd., visit www.ytwf.com.

For more information on International Building Technologies Group, Inc. visit www.ibtgi.com.


AMERIRESOURCE NEW (OTCBB: ARRT)
"Up 40.00% in morning trading"

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

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

ARRT News:

January 4 - AmeriResource 2007 4th Quarter Sales Increase Significantly

AmeriResource Technologies, Inc. (OTCBB: ARRT), a diversified holding company announced today that its revenues (unaudited) for its subsidiaries, BizAuctions, Inc., AuctionWagon Inc., and RoboServer Systems Corp., for the quarter ending December 31, 2007, has increased approximately 363%.

"For the quarter ending December 31, 2007, revenues have increased to approximately $1,033,131 from approximately $223,123 for the corresponding quarter in 2006. The increase in revenues is attributed to the core management team and staff in each of the companies as well as the strong growth in the business model of BizAuctions, Inc. The Companies have made significant progress in increasing gross profits and reducing expenses however have not achieved net profits after General and Administrative expenses," noted Delmar Janovec, CEO of AmeriResource.

"BizAuctions employs two primary business models, whereby it liquidates inventory through eBay on consignment for a lucrative commission; and/or it purchases inventory at a fraction of retail price for the purpose of liquidating it for a profit. Management has worked diligently to bring in new commercial clients who recognize the Company's commitment to provide a quality service for the client. BizAuctions consigns, buys inventory, and liquidates through eBay," continues Janovec.

"AuctionWagon is one of the leaders in the auction-consignment software management systems and operations. After opening one of the world's very first eBay drop-off stores, AuctionWagon's team of retail experts and former software developers from Microsoft and eBay developed a software platform, the Store Manager Pro [G2], which has revolutionized the way merchandise is offered for sale to the world on eBay. AuctionWagon is both an eBay Certified Developer and eBay Trading Post that has the insider expertise and proven ability to lead the industry," comments Janovec.

"RoboServer Systems Corp., developer of the revolutionary Self-Serve System that enables quick-service restaurant customers to process their own orders on a touch-screen kiosk has made significant progress in 2007 with the development of its 'Assisted Server-CT-MY1,' dual screen counter top unit, and the establishment of two new divisions within the Company, 'LineBuster' and 'iOrder.' We anticipate being very busy in 2008 with the development of the 'Assisted Server-CT-MY1' and the establishment of RoboServer's two new divisions, 'LineBuster' and 'iOrder,'" concluded Janovec.

For additional information on the subsidiaries, visit their website at www.bizauctions.com, www.auctionwagon.com, and www.roboservercorp.com.

The Company encourages the public to read the above information in conjunction with its year-end 10-KSB for December 31, 2006, and the third Quarter 10-QSB for September 30, 2007. The financial statements can be viewed at www.sec.gov.


BLACK DRAGON RESOURCE COMPANIES (OTC: BDGR)
"Up 41.03% in morning trading"

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

Black Dragon Resource Companies, Inc. engages in the acquisition, development, production, and sale of oil and gas, and natural gas properties in the United States. It produces oil and natural gas from marginal stripper wells, whose production has slowed to 1/2 barrels of crude oil per day or less. The company was incorporated in 1996 as Vita Health, Inc. and changed its name to Vita Warehouse Company, Inc. in 1999. Further, it changed its name to Texas Diversified Distributors, Inc. in 2001; to Black Dragon Resource, Inc. in February 2004; and to Black Dragon Resource Companies, Inc. in December 2004. Black Dragon Resource Companies, Inc. is headquartered in Oil City, Louisiana.

BDGR News:

January 3 - Black Dragon Announces Significant Further Progress on the Joint Venture Funding Negotiations

On January 2, 2008, Mr. Joe Lanza, President of Black Dragon Resource Companies, Inc. (OTC: BDGR) announced that negotiations with a Joint Venture Funding Partner, as previously announced last week, were close to being completed.

Mr. Lanza reiterated that the Funding Joint Partner has agreed to provide the Joint Venture with a significant investment of at least $100,000,000. He added that the Joint Venture Partner had just confirmed to its satisfaction that the Company's oil and gas reserves have a value of at least $2.7 billion dollars and that it was prepared to move forward with the transaction, subject to finalization of its audit, which should be completed within a week.

Mr. Lanza also reported that the Joint Venture Partner and the Company had agreed in principle to all terms of the Joint Venture Agreement, the completion of which is now subject only to Counsel's review.

Further, and perhaps most significant, Mr. Lanza reported that he had met with the proposed new management team who, according to Mr. Lanza, has the extensive experience in both oil and gas technology and in production management to ensure the success of the Joint Venture and the full and proper development of Black Dragon's extensive resources.

Mr. Lanza concluded by stating that he was most impressed with the proposed management team and upon the Funding of the Joint Venture and the finalization of all details of the Joint Venture that he believed his goal for the Company would have been realized and that he would promptly resign. All Black Dragon shareholders, he concluded, will be greatly benefited by the new Joint Venture structure, and with the expansion of Black Dragon operations, which could only increase shareholder value.

Management believes that all details of the Joint Venture will be finalized prior to the Annual Meeting on January 16, 2008, so that the matter could be considered by the Stockholders at that time.


INFINITY ENERGY RESOURCES (NASD: IFNY)
"Up 32.61% in morning trading"

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

Infinity Energy Resources, Inc., through its subsidiaries, engages in the acquisition, exploration, development, and production of natural gas and oil in the United States. The company's properties are located in the Fort Worth Basin of north central Texas; the Rocky Mountain region in the Greater Green River Basin in southwest Wyoming; and the Sand Wash and Piceance Basins in northwest Colorado. It also has interest in an oil and gas exploration property offshore Nicaragua in the Caribbean Sea. As of December 31, 2006, the company's total proved reserves were 7.7 billion cubic feet of gas equivalent. Infinity Energy Resources was founded in 1987 and is based in Denver, Colorado.

IFNY News:

January 4 - Infinity Enters Into Asset Sale and Joint Venture Agreements With Forest Oil Corporation

Infinity Energy Resources, Inc. (NASD: IFNY) ("Infinity"), an independent oil and gas exploration and development company, announced that its wholly-owned Infinity Oil & Gas of Wyoming, Inc. ("Infinity-Wyoming") subsidiary entered into a definitive Asset Purchase and Sale Agreement with Forest Oil Corporation (NYSE: FST) ("Forest Oil") on December 27, 2007.

Under the terms of the Asset Purchase and Sale Agreement, Infinity-Wyoming has agreed to sell, and Forest Oil has agreed to purchase, essentially all of Infinity-Wyoming's producing oil and gas properties in Colorado and Wyoming, along with 80% of the working interest owned by Infinity-Wyoming in undeveloped leaseholds in Routt County, Colorado and Sweetwater County, Wyoming, for $17.4 million in cash, subject to ordinary and customary adjustments from the effective date of October 1, 2007 through the date of closing, which is anticipated to occur on or about January 7, 2008. The closing of the Asset Purchase and Sale Agreement is contingent upon the satisfaction of certain customary closing conditions.

Infinity currently expects the adjusted proceeds from the sale to be approximately $16 million. Sale proceeds will be utilized to (1) retire approximately $12 million in outstanding bank debt; (2) settle open oil and gas commodity derivative liabilities of less than $2 million; and (3) pay accrued interest and forbearance fees and prepay interest totaling approximately $0.8 million to Amegy Bank N.A. The remainder of the sale proceeds, along with amounts to be received from Forest Oil under the Farmout and Acquisition Agreement described below, are anticipated to be reserved for the payment of certain accounts payable and accrued liabilities.

"We are very pleased to announce this agreement to sell our Colorado and Wyoming producing properties to Forest Oil Corporation," stated Stanton E. Ross, Chairman and Chief Executive Officer of Infinity Energy Resources, Inc. "Not only will the transaction allow Infinity to significantly reduce its bank debt, but we will retain 100 percent ownership of the Piceance Basin and Labarge exploratory properties in the Rocky Mountains and have retained the right to a 20 percent working interest in any future wells that Forest may drill in the Sand Wash Basin on the exploratory acreage sold."

Also on December 27, 2007, Infinity Oil and Gas of Texas, Inc. ("Infinity-Texas"), a wholly-owned subsidiary of Infinity, entered into a Farmout and Acquisition Agreement for certain oil and gas leaseholds owned by Infinity-Texas in Erath County, Texas. The Farmout and Acquisition Agreement provides that Forest Oil will operate and earn a 75% interest in the spacing unit for each well in a ten-well drilling program. If Forest Oil completes the drilling program, Forest Oil will earn a 50% interest in the approximate 31,000 remaining undeveloped net acres and existing Erath County infrastructure owned by Infinity. The drilling obligation begins no later than March 15, 2008. Infinity Texas retains 100% of its interest in all currently completed wells and 100 acres surrounding each currently completed well.

"We are delighted that Forest Oil has agreed to joint venture with Infinity-Texas in the development of a significant portion of our acreage in the Barnett Shale play in Erath County," noted Ross. "The acreage involved in the joint venture is largely undeveloped, and Infinity will retain full ownership of the 24 wells we have drilled in the northern portion of Erath County, along with our acreage and wells in Comanche County, Texas. We are optimistic that our operating cash flows will be sufficient to service our remaining bank debt and future corporate overhead expenses."

"The sale of the Rocky Mountain properties and farmout of the Texas Erath acreage to an experienced and well-qualified operator completes the first part of a business plan designed to resolve Infinity's liquidity problems and bring the Company back to a growth mode," stated Dr. Renato Bertani, Infinity's Chief Operating Officer. "The transactions were structured not only to raise the proceeds necessary to substantially reduce the Company's debt but also to afford Infinity a participation in the upsides that we have identified in the undeveloped acreage of both areas."

"Looking forward, in addition to the prospects for our joint venture with Forest Oil in Texas and the exploration potential of our other properties in Texas and the Rocky Mountains, Infinity management will devote its primary attention to our 1.4 million-acre offshore oil and gas concession in Nicaragua. We are scheduled to travel to Nicaragua again in January 2008 for what will hopefully be a productive meeting with federal and regional government representatives to finalize our exploration contracts. Once the contracts have been signed by all parties, Infinity plans to acquire additional seismic information and pursue discussions with potential partners in what we believe has the potential to be a 'world-class' oil and gas development opportunity," concluded Ross.

Infinity has filed a Current Report on Form 8-K with the SEC that provides significant additional information on the subjects discussed in this press release. Investors are encouraged to review such Form 8-K filing in detail.


PERIHELION GLOBAL (OTC: PHGI)
"Up 33.33% in morning trading"

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

Perihelion Global focuses on the acquisition, development and management of technologies, strategic commodity reserves and assets in the energy, natural resource and communications markets. Perihelion's management team specializes in providing solutions for the strategic challenges of 21st Century. We lead with decades of experience in environments that are mission critical in today's global marketplace. For more information, visit www.perihelionglobal.com.

PHGI News:

January 4 - Perihelion Global and Petroleum Distributor Crew Distributing Co., Inc. Execute 5 Year Biofuel Purchase, Distribution & Marketing Agreement

Perihelion Global (OTC: PHGI) announced that the company has executed a formal 5-year agreement with Petroleum Distributor Crew Distributing Co., Inc. to purchase, distribute and market Biodiesel from the company's Opp, Alabama Biofuel Refinery.

The 5-year Purchase, Distribution & Marketing agreement calls for Crew Distributing to purchase the permitted production capacity of (currently permitted for approximately 3 Million Gallons annually) Perihelion's Opp Refinery. Additionally, Crew Distributing has secured a first right of purchase, distribution and marketing option on all increases in production capacity for the Opp Refinery. The Opp Refinery is planned to have annual production of 60 Million gallons per year with the Phase Two addition.

The new 5-year Purchase, Distribution and Marketing agreement greatly expands on the previously announced Letter of Intent for Crew Distributing to purchase 1.2 million gallons of Biodiesel from Perihelion. Under the formal agreement that is being announced today, Crew Distributing will also provide logistical transport, distribution, marketing and additional storage capacity and for all Biofuel produced at the Opp Refinery.

With over 30 years experience, Crew Distributing, Co., Inc. is a major oil company distributor, operates a fleet of tanker trucks and is licensed, bonded and insured to distribute petroleum fuels, chemicals and lubricants in the Southeastern United States to portions of Alabama, Georgia, Mississippi and Florida. Crew Distributing also owns and operates several major oil company branded retail gas stations.

"We are very excited to announce this formal agreement with Crew Distributing to our shareholders," stated John H. Beebe, Chairman, Chief Executive Officer & President of Perihelion Global. "Crew Distributing's decades of experience combined with their existing distribution capability, infrastructure and sterling reputation makes an ideal partnership for our company."


INTERNATIONAL POWER GROUP (OTCBB: IPWG)
"Up 11.11% in morning trading"

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

International Power Group, Ltd. engages in the construction and management of waste disposal plants in the United States. It primarily intends to build and operate waste-to-energy facilities to process solid and hazardous wastes by incineration. International Power Group, through its subsidiary, also offers waste disposal services. The company was founded in 1998 and is based in Celebration, Florida.

IPWG News:

January 3 - International Power Group Egypt, Ltd. Concludes Royalty Agreements with Two Egyptian Companies

International Power Group Egypt, Ltd. (“IPWG Egypt”), a subsidiary of International Power Group, Ltd. (OTCBB: IPWG), announced that it has consummated royalty agreements with Egypt Rubber, Ltd. (ERL) and the LOL Group (LOL) — two companies with considerable expertise in the waste oil and used tire recycling fields.

Louis D, Garcia, Chief Financial Officer of IPWG Egypt, stated, “These agreements are in furtherance of the August 2007 Memorandum of Understanding and Cooperation Protocol Agreement between the Egyptian government and IPWG Egypt’s principal shareholders. ERL will be constructing and operating a state-of-the-art tire recycling plant in Alexandria, Egypt, and LOL will be taking over from the Egyptian government operations of an existing waste oil recycling facility in Alexandria, Egypt. ERL and LOL already have in place agreements for the supply of waste oil and used tires to their plants, as well as orders for all of the recycled lube oil and rubber they will be producing. IPWG Egypt will receive a five percent (5%) royalty from both ERL and LOL for consulting and business development services.”


ELECTRON SOLAR ENERGY (OTC: ESRG)
"Up 20.00% in morning trading"

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

Electron Solar Energy, based in Miami, Florida, is engaged in the international distribution of alternative energy systems. The Company’s turnkey solutions provide solar and wind energy generation, as well as energy storage systems sold B2B and B2C worldwide. The Company also sells a proprietary line of sealed batteries, inverters, converters, Solar Panels, Related components, and gas and diesel fuel generators. For more information, visit www.electronsolarenergy.com.

ESRG News:

January 4 - Electron Solar Energy Selected by Two Major U.S. Manufacturers to Distribute Wind Energy Systems

Electron Solar Energy (OTC: ESRG), an international distributor of alternative energy systems, announced that it entered into a sales and distribution arrangement with two major U.S. manufacturers of wind energy systems to bring their wind generators to the Latin American and Caribbean markets.

President and CEO of Electron Solar Energy, Christopher Quinn said, “Wind energy is a very exciting renewable and eco-friendly technology. This move represents an important complement to our suite of solar energy products. On cloudy days, wind power is ideal for use as a compliment or add-on to solar energy systems, and is a viable power generation option in itself, in lieu of solar panel arrays in other regions. Wind generator technology is being embraced by Latin American countries like Brazil, Argentina, Mexico and Costa Rica as a means to cost-effectively bring reliable power to remote locations as well as densely populated cities without using existing power lines.”

“Many of our existing distributors have requested wind generator systems, and we are now capable of dispatching industry-leading wind generator systems directly from our warehouse in Miami, Florida to anywhere in Latin America or the Caribbean with same-day delivery if needed. We have a knowledgeable staff and web portal capable of communicating in English, Spanish or French, which enables us to best serve hard-to-reach markets in need of renewable energy sources,” added Quinn.

 
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