OTCPicks.com

For Monday, November 12th

UVSE, VSUR, SDVI, SPNG, ETLC
GUPR, TMXO, WWEI, AMTY, SSEY, TPDI, CFUL, HEPH, QMMC

Our Stocks to Watch today include Universal Energy Corp. (OTCBB: UVSE), Vsurance, Inc. (OTCBB: VSUR), Signature Devices, Inc. (OTC: SDVI), SpongeTech Delivery Systems, Inc. (OTCBB: SPNG), Etelcharge.com (OTCBB: ETLC), Guilin Paper, Inc. (OTCBB: GUPR), Trimax Corporation (OTCBB: TMXO), Welwind Energy International Corp. (OTCBB: WWEI), Amerityre Corporation (NASD: AMTY), Southern Star Energy Inc. (OTCBB: SSEY), True Product ID, Inc. (OTCBB: TPDI), Continental Fuels, Inc. (OTCBB: CFUL), Hollis-Eden Pharmaceuticals, Inc. (NASD: HEPH) and Quest Minerals & Mining Corp. (OTCBB: QMMC).

FEATURED COMPANY

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UNIVERSAL ENERGY CORP (OTCBB: UVSE)

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

Company Profile:
http://www.otcpicks.com/universal-energy/universal-energy.htm

Universal Energy Corp. is an energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States and Canada. We pursue oil and gas prospects in partnership with oil and gas companies with exploration, development and production expertise. Our prospect areas consist of lands in Alberta, Canada, Louisiana and Texas. Visit www.universalenergycorp.info for more details.

UVSE News:

November 8 - Universal Energy Corp. to Begin Oil Production from Amberjack Prospect this Month

Universal Energy Corp. (OTCBB: UVSE) recently offered an update on the three recent successful drill programs at its Amberjack, Caviar #1, and Lake Campo prospects. "Completing these three wells and getting them into production is our top priority and it's occurring as we speak," stated Billy Raley CEO of Universal Energy Corp.

"Receiving revenue from the Amberjack well is exciting for the company and its stockholders; especially with oil continuing its climb to $100 per barrel," commented Dyron Watford, CFO of Universal Energy Corp. Watford continued "With each day that passes, the company is turning its drilling success in its last three drills into financial success for its stockholders."

Continuing its model of growth through the drill bit, Universal Energy Corp. is currently drilling two additional wells in southern Louisiana, East OMG and West Rosedale.

About the East OMG Prospect

The East OMG 3-D prospect is located in Cameron Parish, Louisiana. Wells adjacent to the prospect have produced outstanding returns such as Chalkley Miogyp field and S. Lake Arthur, which have cumulative production of 500 billion cubic feet equivalent ("BCFE") and 800 billion cubic feet, respectively. Production from the adjacent wells listed above is from the same Upper Miogyp sandstones that are the main objective of the East OMG Prospect. The combined reserve potential of the four principal objective sandstones that comprise the East OMG prospect is estimated to be greater than 59 BCFE.

About the W. Rosedale Prospect

The W. Rosedale 3-D prospect located in Iberville Parish, Louisiana. Numerous area fields, such as Happytown, Rosedale, Klondike, and Grosse Tete, have produced significant oil and gas from the Oligocene age objective sand section. Risk reduction for this prospect is from log and core shows in seven of the eight objective sands. The reserve potential for this prospect is 3.5 BCF and 910,000 BBLS.


FEATURED COMPANY

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VSURANCE INC (OTCBB: VSUR)

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

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

Vsurance is a leading provider of pet health insurance and other pet health-related services in the United States. Programs include its Get HIP™ Pet Health Insurance for Pets program, the most comprehensive full-coverage pet health insurance plan in the industry. Vsurance provides pet and horse resource centers through the Internet including VetpetMD™, Spot the Pet™, and Purrfect Pet Club™. Programs include life, liability, and health insurance for pets, horses, and other companion animals.

VSUR News:

November 12 - Vsurance CEO in Manhattan This Week for Road Show Presentations to Financial Groups

Vsurance, Inc. (OTCBB: VSUR), a leading provider of pet health insurance, announced that its CEO, Russell Smith, will be in New York and New Jersey this week making presentations to several financial groups for the purpose of introducing the Company to brokerage and investment banking firms, in order to form alliances, and to develop support for the company.

On Wednesday, November 14, at 12 noon, CEO Russell Smith will present to the Harvard Investors Group, a private financial organization, at the Rosie O’Grady’s Times Square Restaurant, 149 West 46th Street, 2nd Floor, New York, New York 10036.

On Thursday, November 15, Mr. Smith will present to the Harvard Investors Group at 12 noon at Faunces Tavern, a Historic Tavern & building, located at 54 Pearl Street, 2nd Floor – Nichols Room located in the heart of the Wall Street area.

Mr. Smith was quoted as saying: “I’m looking forward to introducing Vsurance to the brokerage community in New York, and New Jersey, and to forming alliances and relations that will benefit the company, brokerage firms, and investors that see the vision we created as innovators, and leaders, in the field of pet insurance.”

Each presentation will include “questions and answer sessions.” Literature will be provided, and private consultations will be available after each session.


FEATURED COMPANY

SIGNATURE DEVICES (OTC: SDVI)

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

Company Profile:
http://www.otcpicks.com/signature-devices/signature-devices.htm

Signature Devices, Inc. engages in the development, manufacture, and sale of information technology products in the United States. The company creates, develops, and publishes 3-D interactive games for consoles and personal computers. It also publishes software for video games and commercial products. The company publishes games for consoles, such as GBA, XBox360, and Playstation. In addition, the company provides consulting for information technology, including computer systems, software, and electronic products. It offers a platform for hardware, embedded systems development, and image generation technology, which can be used in films, videogames, and the military. Further, the company develops customized 3D identities, including lighting, shading, artificial intelligence, and animation systems. Signature Devices was founded in 2002 and is headquartered in Redwood City, California.

SDVI News:

November 9 - MoneyTV Interviews Signature Devices CEO Kenneth Hurley

MoneyTV (www.moneytv.net), the nationally syndicated television program featuring informative interviews by hosts Donald Baillargeon and Skip Lindeman with company CEOs, will feature Signature Devices, Inc. (OTC: SDVI) CEO Kenneth Hurley.

Hurley spoke of the burgeoning video game industry the company is doing business in, announced new games in beta soon to be released and updated progress towards the company upgrading their stock listing to the Bulletin Board Exchange.


FEATURED COMPANY

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SPONGETECH DELIVERY SYSTEMS (OTCBB: SPNG)

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

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

SpongeTech Delivery Systems is a development stage company which designs, produces, markets and distributes cleaning products for vehicular use utilizing patented technology relating to sponges containing hydrophilic (liquid absorbing) foam polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, which is loaded with specially formulated soaps and wax that are released when the sponge is applied to a surface with minimal pressure. The Company's products are currently designed specifically for vehicular cleaning use. However, the Company is exploring the possibility of using its patented technology for the development of sponges for other uses, including for use with anti-bacterial, bath and kitchen soaps for household uses, as well as for use as a children's bath foam sponge.

SPNG News:

November 5 - Successful APEX/SEMA Auto Show for SpongeTech Delivery Systems in Las Vegas

SpongeTech Had Numerous Domestic and International Retailers Showing a High Interest in Products

SpongeTech Delivery Systems, Inc. (OTCBB: SPNG) exhibited its SpongeTech Delivery Systems Car Wash & Wax products at the APEX/ SEMA (Specialty Equipment Market Association) show which was held in Las Vegas this past week. The APEX/SEMA Auto Show in Las Vegas is truly unique among car shows. For one, it's not open to the public. The APEX/ SEMA show is for members of the trade only, so unless you build, sell or are in some way associated with the aftermarket auto parts and accessories industry you can't go. That restriction doesn't limit the attendance, however, as the SEMA auto show floor is as crowded as any of the other big city auto shows.

SpongeTech Delivery System's CFO Steven Moskowitz commented, "We had a fantastic APEX/SEMA show this past week. This is one of the best automotive industry shows we have attended to date and the contacts we made at the show were excellent. We had automotive resellers and retailers from all over the world visit us at our booth." Mr. Moskowitz continued, "While we cannot divulge contact names, suffice to say, that we enjoyed very high traffic by numerous domestic and international big-box retailers, several well known automotive supply retailers, prospective automotive product distributors in a large number of international markets, and very well known and highly respected automotive product suppliers interested in private labeling SpongeTech Car Care products with their own trade brand. If we can close deals with just 5% of the contacts that visited us at the show we will significantly grow our business in 2008 beyond the orders currently on our books. The great thing about the APEX/SEMA show was that there were no 'Tire Kickers.' All of the attendees were industry related resellers, distributors, retailers and rep firms, so the vast majority of the leads we gathered were legitimate and prospective future SpongeTech customers."

For more information, contact Investor Relations at 1-877-SPONGE T or visit the company website at www.spongetech.com.


FEATURED COMPANY

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ETELCHARGE.COM INC (OTCBB: ETLC)

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

View Profile: http://www.otcpicks.com/etelcharge.com/etelcharge.htm

Etelcharge.com (OTCBB: ETLC), the first Web 2.0 online payment system, provides online shoppers the ability to charge approved transactions to their telephone bill. While addressing the concerns online shoppers have about identity fraud and identity theft, the Etelcharge payment option is also a perfect match for the millions of individuals without a credit card, or even a bank account. For more information, go to www.etelcharge.com.

ETLC News:

November 8 - Etelcharge Enters Payment Services Agreement With Elite Force

Company Enters Consumer Electronics Installation and Support Industry With Nationally Expanding Leader and Meets With Senior Management as Netflix, Real Networks, CinemaNow, UniVision and Movielink

Etelcharge.com, Inc. (OTCBB: ETLC), the new online way to pay(TM), announced that the Company has signed an agreement with Elite Force, of Falls Church, VA, the successor to Tech Force One and one of the top independent providers in the multi-billion dollar PC and consumer electronics installation and support industry.

John Todd, Senior Vice President of Business Development, stated, "I am pleased to report that Etelcharge has signed a payment services agreement with one of the country's top electronics installation and PC repair companies. Elite Force, with 200 locations today and expanding to 1,000 locations in 2008, is similar to Fire Dog and Geek Squad, in that they install high-end multimedia systems and networks in homes, as well as providing the full array of support services for consumer electronics and PCs. Etelcharge members will be able to pay for Elite Force services using their Etelcharge membership. We expect this program to come online for our members in early 2008."

John Todd concurrently announced that during his recent trip to California attending the Digital Hollywood Show, he engaged in substantive talks with a select group of elite players in the digital music and movie downloads space including Netflix, Real Networks (Rhapsody), CinemaNow, UniVision, and Movielink.

"I was able to successfully establish the huge importance of our target customer to their continued growth. Reinforcing to the executive management teams of these companies that Etelcharge not only brings a unique and enticing Web 2.0 payment system but also brings a whole new set of new customers, that is growing by the day, who will be spending new money with them that they are not getting today. The impact to their bottom line garnered exceptional levels of interest," Todd concluded.


STOCKS TO WATCH

GUILIN PAPER (OTCBB: GUPR)
"Up 12.50% in morning trading"

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

Guilin Paper, Inc. mainly engages in paper making, paper pulp production and power generation. The Company uses a series of high-tech and high value-add processes to produce special packaging paper and writing paper. In the next five years, the company will strive to produce the highest quality packaging paper and writing paper, and increase its market share to rank as one of the top 10 paper manufacturers in China.

GUPR News:

November 12 - Guilin Paper Inc. Entered into a Strategic Agreement with Dabu Paper Manufacturing Inc.

Guilin Paper, Inc. (the “Company”) (OTCBB: GUPR), a leading manufacturer of paper products and wood pulp in Guangdong and Guangxi provinces in China, announced that, on November 8, 2007, as part of its strategic plan to increase production and sales of higher profit margin products, its wholly-owned subsidiary, Guangxi Forestry Lipu Paper Company Limited (“Lipu Paper”), entered into an agreement with Dongguan Dabu Paper Manufacturing, Inc. (“Dabu Paper”) to increase its supply of wood pulp to Dabu Paper.

Dabu Paper is a major manufacturer of paper packaging in southern China, with an annual production capacity of more than 300,000 tons and 2006 revenues of U.S.$13.33 million. Dabu Paper requires 60,000 tons of pure wood pulp to maintain its current production levels. This agreement could lead to Lipu Paper supplying up to 20% of Dabu Paper’s wood pulp requirements.

Fangde Zhang, the Chief Executive Officer of the Company, stated that, “we are very pleased to have entered into this strategic agreement with Dabu Paper. Part of our overall strategy is to continue to expand sales of higher profit margin products, improve paper quality and expand our geographic reach. We believe this strategy will enable us to acquire a larger customer base and increase market share. This agreement is a positive first step in this direction and one which we believe will have a significant impact on our future wood pulp revenues which in turn will have a positive effect on our financial results as a whole.”


TRIMAX CORPORATION (OTCBB: TMXO)
"Up 4.35% in morning trading"

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

Trimax and its wholly owned subsidiary, PLC Network Solutions Inc., are providers of Broadband over Power Line (BPL) communication technologies. Trimax/PLC specializes in the development, distribution, implementation, and servicing technologies that use the power grid to deliver 128-bit encrypted high-speed symmetrical broadband for data, voice, video transmission, and many other carried applications including Digital Signage. BPL is a communications technology that transforms the existing ubiquitous powerline infrastructure and common electrical wiring in commercial and residential buildings into a high-bandwidth network. Broadband is delivered simultaneously on a single platform to every electrical outlet throughout the home or business. To connect, users simply plug a modem into any electrical outlet, and plug their computer, phone, security camera, digital screen or IP device into the modem.

TMXO News:

November 12 - Trimax and Cybersonics Sound Technologies Facilitate Customer Demand for Commercial Music

Trimax Corporation (OTCBB: TMXO), providers of Broadband over PowerLine (BPL) communication technologies and customized web-based retail broadcast and digital signage networks, announced that Cybersonics Sound Technologies has further enhanced its broadcast network offering to clients by entering the commercial music supply business.

Music is a powerful influencer and retailers have long realized the value of enhancing the shopping experience with targeted music to improve its bottom line. This influence can be carried to the point of purchase where over 70% of purchasing decisions are made. The ability for a retailer to relate to customer demographic is essential for the growth of the business, customer loyalty, brand loyalty and repeat visits.

Through its state-of-the-art IP broadcast media and proprietary network management software, Cybersonics delivers real-time control of music and scheduling of custom advertising, information and promotional messages, coast to coast.

Cybersonics is installing its music delivery system into Federated Co-op Stores, who have been a long-time client. Some retailers using Cybersonics VoicePro storecasting systems and professionally produced announcements and branding services include IKEA Stores in Canada and the U.S., Cadillac Fairview and Ivanhoe Cambridge.

Jim Addario, President of Cybersonics Sound stated, "Entering the Commercial Music Supply industry completes our Mall Radio Network offering. In many ways, getting into the Music business parallels our entry into the Digital Signage business. After years of having clients ask if we could supply their music or manage their signage, we finally sourced products that met the standards we demand for our clients. They have to be easy to manage in real time, improve the product offering and be at a price point that works for the client. We anticipate being able to grow Music revenues quickly through our existing customers and sales channels".

Cybersonics Sound Technologies has over a decade of expertise developing proprietary software and hardware communications technology for 'turn-key' web-based corporate broadcast networks. Founded in 1994, Cybersonics provides site-specific, customized, real-time content that enables marketers to brand, target and communicate more effectively with the public using fully integrated Point of Purchase and Multi-Media Marketing Systems. With over a decade of profitable business behind them, Cybersonics operates from its offices and digital studios in Mississauga, Ontario. Cybersonics works in partnership with its clients, from the design, manufacture and installation of systems through the creation, production, scheduling and distribution of media. Trimax recently acquired Cybersonics Broadcast Services proprietary technology through an asset purchase agreement.


WELWIND ENERGY INTERNATIONAL (OTCBB: WWEI)
"Up 16.67% in morning trading"

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

Welwind Energy International Corp. is committed to providing the best resource option available for renewable energy, protecting our environment, empowering communities, bolstering local economies and respecting the rights of future generations. Welwind Energy International was founded to build, own and operate wind farms on an international scale. The company's goal is to become a leading provider of clean energy products for the residential, business and governmental consumer.

WWEI News:

November 9 - Welwind Energy International Receives Letter of Interest to Finance the Company's Zhanjiang Windfarm

Welwind Energy International Corp. (OTCBB: WWEI) (the “Company”) announced that it has received a letter of interest from Acterra Group to fund Phase I of the company's Zhanjiang Windfarm project. Phase I consists of 65 turbines at 1.2-1.5 million per turbine. This commitment will be up to, but not limited to, $75 million.

“We are very pleased at obtaining this letter of interest as it is one of the final steps required by the local power authority in obtaining our PPA,” said Mr. Shannon de Delley, Director of Welwind. “Clearly, obtaining financing without further dilution in shareholder stock positions is best for all and financing of this magnitude will propel this company as a major player in the alternative energy market,” he added.

Acterra is quite comfortable that financing of the project will be completed once a PPA is in place along with necessary EPC and other standard requirements. Acterra will assist in this process by providing access to project finance legal counsel in preparing such contracts.

“We have been working and negotiating with several finance groups for our two projects and the various phases of development for each – we are quite pleased in moving forward with Acterra Group,” said Tammy McNabb, CEO of Welwind. “There are multiple steps in obtaining a PPA and we would like to thank our shareholders for their patience and their confidence in management's ability in getting the company to this very exciting point. We anticipate financing and build out of Phase I within the first quarter of 2008.”

ABOUT ACTERRA GROUP

For nearly 50 years the people of the Acterra Group have been providing services and support to energy, natural resource, and sustainability companies. From project inception through completion they assist in all areas.

The staff of the Acterra Group is actively working to support the renewable energy market. They deliver services in a number of different ways, each dependent upon the needs and expertise of the clients.

Acterra brings a complete understanding of all project aspects to the management of renewable energy projects thorough technical understanding, construction capabilities, operational talent as well as the underlying financial and management skills necessary for complex programs and comprehensive projects.


AMERITYRE CORPORATION (NASD: AMTY)
"Up 21.90% in morning trading"

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

Amerityre Corporation engages in the manufacture, marketing, distribution, and sale of flatfree specialty tires and tire-wheel assemblies in Nevada. The company offers various lines of polyurethane foam tires for bicycles, wheelchairs, and outdoor power equipment products, as well as for lawn and garden products, such as wheelbarrows and hand trucks. It also develops polyurethane elastomer tires for heavy-use applications. The company was founded in 1995 as American Tire Corporation and changed its name to Amerityre Corporation in 1999. Amerityre Corporation is based in Boulder City, Nevada.

AMTY News:

November 12 - Amerityre Successfully Completes FMVSS Testing on Its Arcus(R) Polyurethane Run-Flat Tire Design

Amerityre Corporation (NASD: AMTY), a leading developer of polyurethane elastomer tire technologies, announced that its Arcus® run-flat tire design has successfully completed all testing requirements under Federal Motor Vehicle Safety Standard (FMVSS) 139.

"Successful completion of FMVSS 139 testing on our Arcus® passenger car tire design has been a high priority for our company," commented Dr. Gary N. Benninger, Amerityre's President and Chief Executive Officer. "With the final endurance-phase testing successfully completed, we are now in a position to begin substantive discussions with companies that have expressed an interest in licensing our technology and to provide them with sample tires."

According to Dr. Benninger, while companies are evaluating sample tires, Amerityre will focus on finishing the design and development of the manufacturing equipment required to produce the polyurethane road tire in commercial volumes. Amerityre's tire manufacturing technology brings significant cost reductions to tire manufacturing. Amerityre estimates that the capital investment required for a potential manufacturer to produce one polyurethane passenger car tire per minute will be less than $10 million. This amount is one-sixth to one-eighth the cost of an equivalent rubber passenger car tire manufacturing line. Amerityre is discussing the construction and installation of a pilot manufacturing facility capable of demonstrating this production capability with potential strategic partners.

Through testing, Amerityre has previously shown that compared to rubber passenger car tires, polyurethane passenger car tires are capable of achieving longer life through improved durability, while their lower rolling resistance also reduces vehicle fuel consumption. Due to its chemical composition and the nature of its polymerization reaction, polyurethane is a much more environmentally friendly material than the rubber it replaces.


SOUTHERN STAR ENERGY (OTCBB: SSEY)
"Up 5.56% in morning trading"

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

Southern Star Energy has approximately 5500 acres under lease within the prospect area, which is defined by a string of ten vintage wells drilled in the 1950’s. The prospect area was historically developed on 640 acre spacing (wells approximately one mile apart). Most of these old wells were abandoned before 1972 after only producing from one relatively thin (20 feet) zone of the Cotton Valley sand members. None of the zones with identified reserve potential have been produced within a five mile radius of the prospect area. Preliminary plans, with continued successful evaluation drilling, will be to develop the leased acreage with at least one well per 160 acres. Analog fields are being economically developed with at least one well per 80 acres indicating that many more wells can be reasonably contemplated.

SSEY News:

November 12 - Southern Star Begins Second Stage Frac on the Lincoln Atkins 18-1

Southern Star Energy Inc. (OTCBB: SSEY) recently provided an update on the company’s Lincoln Atkins 18-1 well.

Atkins-Lincoln 18-1: Drilled and completed January 16, 2007 to depth of 9950 feet, first production July 11, 2007. First sales September 5, 2007, currently the well is only producing from the bottom 14% (50 feet) of total Cotton Valley pay interval. Early production, over 500 mcfd has been encouraging, this has led the company to optimizing the engineering design for the completion for the remainder (900 feet gross) of the Cotton Valley pay interval. Petrophysical, geologic and engineering information indicates that the quality of the upper Cotton Valley pay is materially better than the lower interval now producing. The Company has commenced completion operations on this well to complete the entire Cotton Valley pay section to commingle all available gas production into sales by end of November 2007.

All of the estimated recoverable oil and gas reserves in different zones are confirmed by mudlog, wireline logs evaluations and in some cases with sidewall cores and Formation Tester pressure measurement. Total of 85 feet estimated gas pay is distributed over a gross (total) interval of 900 feet in the Cotton Valley section. Three shallower zones demonstrating primarily oil potential will continue to be evaluated in subsequent wells. Results of those evaluations will determine the feasibility of additional future developments targeting the oil potential. The zones indicating oil potential are regionally known and have been economically developed within a ten mile radius of this well.


TRUE PRODUCT ID (OTCBB: TPDI)
"Up 15.94% in morning trading"

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

True Product ID, Inc. produces integrators for anti-counterfeiting and security surveillance applications, as well as provides integrated tracking devices. The company's authentication solution is an integrated management system based on synthetic taggant technology, Synthetic DNA (S-DNA), in which specific taggants are formulated to tag target objects for identification and authentication. Its products and services include S-DNA, a marking process that involves the application of a combination of inorganic elements, which enables to invisibly attach a fingerprint to the product that can be applied to industrial parts, apparel, consumer electronics, jewelry, CD-ROMs, sporting goods, and currency; and handheld scanners/analyzers that are used to identify S-DNA codes. The company also offers authentication services, which include credited scans associated with the work order, additional scans required, and management of inspectors by the company. True Product ID delivers its solutions to governments, armed forces, and industry. The company was founded in 2005. It was formerly known as ONTV, Inc. and changed its name to True Product ID, Inc. in 2006. True Product ID is based in Philadelphia, Pennsylvania.

TPDI News:

November 9 - True Product ID States Details Previously Reported in Its Form 10-KSB Relating To Projected $1.3 Billion Revenue Gas Tank Contract Signed With The Chinese Government Counterpart To U.S. Consumer Product Safety Commission

True Product ID, Inc. (OTCBB: TPDI) stated the following details previously reported in its Form 10-KSB filed October 2, 2007 relating to the agreement which its Chinese joint venture company affiliate, True Product ID Technology (Beijing) Limited ("TPID Beijing"), signed on August 27, 2007 with the State General Administration for Quality Supervision, Inspection and Quarantine of the People's Republic of China ("AQSIQ") to develop a national safety/security system for China's liquefied natural gas and other pressurized canisters and other special equipment (Contract No. 0076180):

As reported in its press release on August 27, 2007, the Company, through its Chinese joint venture affiliate, entered into a contract with the National Quality Inspection Department of the State General Administration for Quality Supervision, Inspection and Quarantine of the People's Republic of China ("AQSIQ"), to develop a national safety/security system for China's liquefied natural gas and other pressurized canisters and other special equipment.

According to its website (www.aqsiq.gov.cn), AQSIQ is a ministerial administrative organ directly under the State Council of the People's Republic of China in charge of national quality, metrology, entry-exit commodity inspection, entry-exit health quarantine, entry-exit animal and plant quarantine, import-export food safety, certification and accreditation, standardization, as well as administrative law-enforcement. AQSIQ is considered the Chinese counterpart to the United States Consumer Product Safety Commission. See The U.S. Consumer Product Safety Commission-AQSIQ Joint Statement on Enhancing Consumer Product Safety at www.cpsc.gov/cpscpub/prerel/prhtml07/07305.pdf.

The AQSIQ Contract follows an AQSIQ Circular to every quality and technical supervision bureau in all provinces, autonomous regions and municipalities under the control of the Chinese Central Government. The AQSIQ Circular sets out a 5-year AQSIQ National Security/Safety Plan to protect against the illegal production, circulation, and use of certain "special equipment" (the "Plan"). AQSIQ's mission in the Circular is, among other things, to protect public safety from safety accidents and other risks caused by counterfeit and substandard "special equipment." Among the "special equipment" referenced in the AQSIQ Circular are liquefied gas tanks, oxygen tanks, and other pressurized containers and pipes, elevators, lift machinery; and equipment at large recreational facilities and automobile plants.

In its Circular, AQSIQ has explicitly designated True Product’s technology and Chinese joint venture company affiliate as the exclusive technology and technology provider to help AQSIQ develop, implement and administer its National Security/Safety Plan. Under the AQSIQ Circular, TPID Beijing is to help AQSIQ develop national special equipment security identification standards (the "standards"), a special equipment identification information security management system (the "management system"), and a special equipment security/safety logo (the "logo").

As a result of the Circular, AQSIQ has entered into a Project Cooperation Agreement with the Company's Chinese joint venture company affiliate (Contract No. 0076180). ASQIQ subsequently entered into supplementary provisions to the Project Cooperation Agreement in connection with the initial phase of AQSIQ's National Security/Safety Plans relating to liquefied natural gas containers (the "LNG Contract").

Under the LNG Contract, TPID Beijing is to provide and apply a security logo to all LNG containers in China. According to Chinese government statistics, the total number of LNG containers in China is currently over 130 million and is expected to increase in quantity by 10% every year. Under the LNG Contract, TPID Beijing is to receive a fixed taggant price per LNG container. The specific taggant price per LNG container is not being disclosed due to its proprietary nature.

Under the LNG Contract, TPID Beijing is to provide 50,000 units of one of its highly proprietary scanners and 15,000 units of another of its highly proprietary scanners to approximately 20,000 LNG gas stations, 30,000 special equipment manufacturers, and 40,000 "platforms" in China. Under the LNG Contract, TPID Beijing is to receive a fixed price per scanner, with a different fixed price for each type of scanner. The specific price per scanner is not being disclosed due to its proprietary nature.

Finally, under the LNG Contract, TPID Beijing is to establish a security management information system for 50,000 enterprises. Under the LNG Contract, TPID Beijing is to receive a fixed price per enterprise. The specific price per enterprise is not being disclosed due to its proprietary nature. According to AQSIQ, among such enterprises and platforms include 5,016 enterprises in charge of manufacturing LNG containers and other pressurized containers, 14,995 enterprises in charge of charging LNG containers, 8,747 enterprises in charge of manufacturing, installing, reequipping and repairing boilers, and approximately 1,823 institutes in the Chinese state quality inspection system which check LNG containers.

Since AQSIQ's Circular, Project Cooperation Agreement and LNG Contract, TPID Beijing and AQSIQ have met and continue to meet on a routine basis to develop, coordinate, and implement AQSIQ's National Safety/Security Plan and in particular as the Plan initially pertains to LNG containers. The initial revenue projections set forth by AQSIQ in the LNG Contract (as corrected to fix a mathematical miscalculation in the original Chinese version of the LNG Contract) to mark the 130 million LNG containers (at a fixed price per container), to provide the 50,000 and 15,000 proprietary scanners (at fixed prices per scanner), and to develop a security management information system for 50,000 enterprises (at a fixed price per enterprise) total 2,720,000,000 Chinese Yuan, which equates to over US$362,000,000.


CONTINENTAL FUELS (OTCBB: CFUL)
"Up 2.90% in morning trading"

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

Continental Fuels, Inc., through its subsidiaries, engages in purchasing, selling, storing, blending, and transporting petroleum products in the United States and internationally. The company owns a petroleum storage and terminal facility in the Port of Brownsville, Texas. The Brownsville terminal facility receives condensate that would be used in the blending of gasoline or sold into the U.S. market. The terminal includes truck and rail on and off loading terminals, and handles barges and tankers up to the Suez-max size. The company is based in San Antonio, Texas. Continental Fuels, Inc. is a subsidiary of Universal Property Development and Acquisition Corporation.

CFUL News:

November 12 - Continental Fuels Reports Third Quarter Revenue Increase of 65,238% and Gross Profit Exceeding $1.52 Million

In its quarterly report filed with the SEC last week, Continental Fuels, Inc. (OTCBB: CFUL) (FWB:CNDI) (GER:CNDI) (BCN:CNDI) demonstrated the successful implementation of its business plan and achieved an operational profit in only the second quarter since its acquisition by Universal Property Development and Acquisition Corporation (OTCBB: UPDA) (FWB: UP1).

Financial Highlights for the three Months Ended September 30, 2007:

  • Total Revenues Increased to over $11.65 million from $17,868, an increase of 65,238%
  • Gross Profit Increased to more than $1.52 million from $10,180, an increase of 14,975%
  • Income from Operations was $713,615 from a previous loss of $760,767

For the three months ended September 30, 2007, total revenue was $11,656,792 with a cost of goods sold of $10,132,303 and Gross Profit of $1,524,489. Comparatively, for the three months ended September 30, 2006, total revenues were only $17,868 and cost of goods sold was $7,688. Gross Profit for the previous period was $10,180.

Continental was able to achieve these revenues and gross profits while increasing operating expenses only 5% to $810,874 from total operating expenses for September 30, 2006 of $770,947. As a result, for the three months September 30, 2007, the Company experienced positive net income of $713,615 compared to the loss reported for the three months ended September 30, 2006 of ($760,767),

The Company also increased its Total Assets to $4,728,870 on September 30, 2007 compared to $62,168 for the same period in 2006.

The quarterly filing demonstrates that these dramatic increases in revenue originated during the second quarter of this year after Continental was acquired by UPDA in a transaction that resulted in a change of management and the initiation of light crude condensate sales from Continental’s storage facilities at the International Port of Brownsville, Texas. Under the direction of CEO Tim Brink, Continental has negotiated sales contracts with guaranteed margins and established consistent and expanding sources of international light crude condensate.

In order to continue this revenue growth, Continental also undertook an ambitious expansion project at its port facilities during the Third Quarter, purchasing additional storage tanks and installing a railroad spur to increase storage capacity and delivery options.

“Our Third quarter results were in line with our expectations based on our current schedule of product deliveries,” stated Continental CEO Tim Brink. “We will continue to pursue opportunities consistent with our business plan and generate further expansion both generically and through further acquisitions.”


HOLLIS-EDEN PHARMACEUTICALS (NASD: HEPH)
"Up 7.58% in morning trading"

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

Hollis-Eden Pharmaceuticals, Inc. is a world leader in the development of a proprietary class of adrenal steroid hormones as novel pharmaceuticals for human health. Through its Hormonal Signaling Technology Platform, Hollis-Eden is developing a new series of small molecule compounds that are metabolites or synthetic analogs of endogenous hormones derived by the adrenal glands from the body’s most abundant circulating adrenal steroid. These steroid hormones, designed to restore the biological activity of cellular signaling pathways disrupted by disease and aging, have been demonstrated in humans to possess several properties with potential therapeutic benefit – they regulate innate and adaptive immunity, reduce nonproductive inflammation and stimulate cell proliferation. The Company’s clinical drug development candidates include TRIOLEX, a next-generation compound currently in a clinical trial for the treatment of type 2 diabetes and being prepared for clinical trials in rheumatoid arthritis, and HE3235, a next-generation compound selected for cancer. In addition to these clinical development candidates, Hollis-Eden has an active research program that is generating additional new clinical leads that are being further evaluated in preclinical models of a number of different diseases. For more information on Hollis-Eden, visit the Company’s website at www.holliseden.com.

HEPH News:

November 12 - Hollis-Eden Pharmaceuticals Presents Data on APOPTONE(TM) and Potential Role of Adrenal Steroid Hormones for the Treatment of Cancer

Data Presented at The 8th Annual Meeting of The International Society of Geriatric Oncology

Hollis-Eden Pharmaceuticals, Inc. (NASD: HEPH), the world leader in the development of a new class of small molecule compounds based on endogenous adrenal steroid hormones, announced that it presented data on its oncology program at The 8th Annual Meeting of the International Society of Geriatric Oncology being held in Madrid, Spain, November 8 – 10, 2007. Findings presented at the conference suggest that Hollis-Eden’s drug candidate APOPTONE™ (HE3235) and other compounds from the Company’s hormonal signaling technology platform may play a role in treating or preventing diseases associated with aging, including hormone receptor-sensitive cancers.

In an oral presentation, Dr. Christopher L. Reading, Executive Vice President of Scientific Development at Hollis-Eden, presented previously reported data covering the activity of APOPTONE in preclinical models of prostate and breast cancer. Data presented illustrated the activity of APOPTONE in preclinical models of prostate cancer LNCaP and LuCaP 35V human cell lines as well as a MNU carcinogen-induced breast cancer preclinical model. In those experiments, treatment with APOPTONE significantly inhibited the incidence, growth and progression of tumors in those animal models. The Company believes the mechanism of APOPTONE in the inhibition of prostate cancer growth reported from its preclinical study in LNCaP tumor cells appears to be due to the tumor cells undergoing programmed cell death, or apoptosis. Initial analysis of gene expression from tumors in the LNCaP preclinical experiment indicated APOPTONE appears to be down regulating genes that protect tumor cells from apoptosis such as Bcl-2.

These data have now been repeated and are being supported by additional analysis of other genes associated with the apoptosis pathway. New data presented at the conference suggest that APOPTONE may also be inhibiting the AKT signaling pathway that is known to stimulate the growth of prostate cancer cells and block normal regulation of the cell cycle as well as prevent the induction of apoptosis. Additional analysis is ongoing to study the gene expression from the APOPTONE preclinical studies in LuCaP 35V prostate tumor cells as well as tumors from breast cancer preclinical models.

Dr. Reading also presented data reported from the scientific literature that links chronic inflammation to the incidence and progression of cancer, citing the potential correlation between levels of interleukin-6, or IL-6, as well as NF-kappaB activation and tumor cell proliferation. Antibodies to IL-6 are currently in clinical trials for cancer, as this new approach to treating cancer is starting to be better understood and tested. Dr. Reading presented data on the relationship between the loss of adrenal hormones as part of the aging process and rise in chronic inflammation, which is believed to contribute to the incidence and proliferation of cancer cells. To date, Hollis-Eden compounds have demonstrated in preclinical models the ability to inhibit the activation of the NF-kappaB pathway and to decrease IL-6 in vivo and in vitro in human cell lines.

As an example, chronic inflammation is known to be involved in the pathogenesis of ulcerative colitis (UC), and to contribute to the progression of colorectal carcinoma in UC patients. The Company is currently considering the use of its novel adrenal steroid hormones in the treatment of UC. The Company believes, if this new class of adrenal steroid hormones can prove to be as effective as corticosteroids and safe enough to be used longer to regulate chronic inflammation, these data presented at the conference suggest the Company’s compounds may have an added benefit in the prevention of colorectal cancer, which is associated with chronic inflammation.

“We continue to make good progress understanding the role of our hormonal signaling technology platform may play in regards to preventing or treating cancer and other diseases associated with aging,” stated Richard B. Hollis, Chairman and Chief Executive Officer of Hollis-Eden. “It is gratifying for our scientists to have the opportunity to showcase our data in an oral presentation at this important international meeting for geriatric oncology. The link between the loss of adrenal hormones as we age and chronic inflammation, which may contribute to the development of cancer in the elderly, is becoming widely understood. It is important for us to continue to educate the scientific and medical community about the potential role our hormonal signaling technology platform may play in cancer and other diseases associated with aging. This is why, in addition to developing APOPTONE for cancer, we are currently in a Phase I/II clinical trial with another adrenal steroid hormone drug candidate TRIOLEX™ for the treatment of metabolic disorders and have been cleared by the FDA to initiate a Phase I/II clinical trial with TRIOLEX in rheumatoid arthritis, both diseases associated with aging. We are still on track to be filing our IND for APOPTONE for the treatment of cancer in the first quarter of 2008. Establishing activity in clinical trials with either APOPTONE or TRIOLEX will go a long way to validate our approach that our new class of adrenal steroid hormones may play a fundamental role in preventing or treating diseases associated with aging.”


QUEST MINERALS & MINING (OTCBB: QMMC)
"Up 14.29% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/QMMC.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.

QMMC News:

November 12 - Quest Minerals & Mining Provides Operational Update

Quest Minerals & Mining Corp. (OTCBB: QMMC; Frankfurt: QMNA.F), a Kentucky based operator of energy and mineral related properties, provided the following operational update:

Quest, through its operating subsidiary, Gwenco, Inc., has secured a significant price increase from one of its customers for the sale of coal from the Pond Creek Mine at Slater’s Branch. Due to competitive concerns, Quest will not disclose specific information relating to coal pricing.

As a result of more consistent and increasing production, Quest, through Gwenco, has also negotiated lower trucking costs for the shipment of its coal. Again, due to competitive concerns, Quest will not disclose specific information relating to trucking costs.

The first major conveyor belt move to the new mine face was completed at the Pond Creek Mine. As coal production occurs, a new mine face is established deeper in the mine, which requires the conveyor belt to be moved periodically to be closer to the mine face so that the coal can be transported from the mine face to the shipping trucks more efficiently.

Eugene Chiaramonte, Jr., President of Quest, stated, “We are pleased to report that we have improved our pricing while reducing our trucking costs in this initial start-up phase of our mining operations. We are also pleased that, due to a reduction in work stoppages resulting from required equipment maintenance, we are mining more regularly, resulting in deeper penetration into the mine. As we continue to transition into full operations, we anticipate that our operating efficiency will improve.”

Quest also announced that it continues to move forward with its plans to re-open the Lower Cedar Grove seam, located in Slater’s Branch, and the Taylor seam, located in Hurricane Branch. Samples indicate that the Lower Cedar Grove seam will produce metallurgical blend coal, and Quest’s market research indicates that there is high demand for this type and quality of coal.

 
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