OTCPicks.com

For Monday, November 26th

RHGP, VSUR, SPNG, BSGC, QMCI
IYSA, ASVN, BRST, LTDI, EWIN, XDSL, DKGR, SNEN

Our Stocks to Watch today include Renhuang Pharmaceuticals (OTCBB: RHGP), Vsurance, Inc. (OTCBB: VSUR), SpongeTech Delivery Systems, Inc. (OTCBB: SPNG), BigString Corporation (OTCBB: BSGC), QuoteMedia, Inc. (OTCBB: QMCI), Intelisys Aviation Systems of America (OTCBB: IYSA), Allied Security Innovations, Inc. (OTCBB: ASVN), Burst.com, Inc. (OTC: BRST), Latitude Industries Inc. (OTC: LTDI), eWorld Interactive, Inc. (OTCBB: EWIN), mPhase Technologies, Inc. (OTCBB: XDSL), Drake Gold Resources (OTC: DKGR) and Sinoenergy Corporation (OTCBB: SNEN).

FEATURED COMPANY

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RENHUANG PHARMACEUTICALS (OTCBB: RHGP)
"Up 17.84% in morning trading"

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:

November 26 - Renhuang Pharmaceuticals Rated 'Outperform' Target Price $7.00 by Beacon Equity Research

Renhuang Pharmaceuticals (OTCBB: RHGP) has been rated Outperform with a price target of $7.00 by Beacon Equity Research Analyst, Lisa Springer, CFA.

The full report is available at www.BeaconEquityResearch.com.

In the report, the analyst writes, “Renhuang Pharmaceuticals Inc. (RHGP) is a vertically integrated developer, manufacturer and distributor of high-quality nutraceutical, natural medicinal and bio-pharmaceutical products in mainland China. It offers three major product lines: Acanthopanax-based natural medicinal products, the Shark Power healthcare series and Traditional Chinese Medicines, which currently represent 50%, 20% and 30% of sales, respectively.

“Renhuang has established a multi-channel research and development infrastructure in China consisting of some 50 in-house researchers and engineers, a post-doctoral work center approved and supported by the Chinese government, and collaborations with leading institutions and scientists.”


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 21 - Vsurance, Inc. Commercial Debuts Nationally on Fox Business News Network

Commercial Broadcast to More Than 30 Million Households

Vsurance, Inc. (OTCBB: VSUR), a leading provider of pet health insurance, announced that the Company’s 30 second commercial launched Nationally on Fox Business News Network on November 19, 2007.

Vsurance’s 30-second commercial, highlighting the Company’s investment potential and the rapidly increasing market for its pet health insurance products, will run twice per hour Monday – Friday during peak morning and afternoon hours throughout the holiday season. The Company’s commercial airs during the following popular Fox Business Network programs:

Fox Business Morning
Money for Breakfast
Happy Hour
Your World with Neil Cavuto
America's Nightly Scoreboard
The Dave Ramsey Show  

“We are very pleased to introduce our company to the viewers of the Fox Business Network,” stated Russell Smith, CEO of Vsurance, Inc. “We believe that this kind of continued exposure will help to generate nationwide interest in Vsurance from both customers and investors alike.”

Fox Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. FBN is owned and operated by media giant News Corporation (NYSE: NWS). News Corporation is a diversified international media and entertainment company with operations in television; cable network programming; direct broadcast satellite television; magazines and inserts; newspapers; book publishing; etc.


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 20 - SpongeTech Delivery Systems Inc, Commercial Set for Release

SpongeTech Delivery Systems, Inc. (OTCBB: SPNG) announced the commercial is finally ready to air just in time for the holidays. Company officials say there will be 30 second, 60 second and 120 second spots. These 3 commercials are part of the SpongeTech Delivery Systems, Inc. Media campaign. The commercials should air shortly along with print and radio advertising. The company will be giving its' shareholders updates with exact times and stations.

Steven Moskowitz, Chief Financial Officer of SpongeTech Delivery Systems stated, "We cannot wait to see the response from our new media campaign! It was done so the company can 'brand' its name and product during the holiday season."

View previous commercials at www.youtube.com/watch?v=hRvgKhxLwD0.

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


FEATURED COMPANY

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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:

November 19 - BigString Corporation Introduces 'Private Label' Partnership Program

BigString Corporation (OTCBB: BSGC) announced that it is introducing a "private label" partnership program that allows websites in the social networking, online dating, search and video-content markets to offer BigString's recallable, erasable, self-destructing and video email system to its user base.

"Opening up our private label partnership program to consumer-focused websites creates new traffic and revenue opportunities for both our partners and Bigstring," stated Darin Myman, President and CEO of BigString Corporation. "Our email system brings additional value-added services, especially to websites focused on social networking, online dating or user-generated content where protecting a user's privacy and digital-rights management is a concern."


FEATURED COMPANY

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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, please visit: www.quotemedia.com.

QMCI News:

November 14 - QuoteMedia Reports 56% Increase in Revenue for Q3 2007

QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data and financial applications, announced financial results for the three and nine months ended September 30, 2007. These results reflect a 56% increase in third quarter revenues, to $1,501,097 from $960,111 in 2006. Revenue for the nine months ended September 30, 2007 increased 51%, to $3,993,202 from $2,651,248 in 2006.

At September 30, 2007, QuoteMedia's deferred revenue balance was $438,763 compared with $315,658 at September 30, 2006, an increase of 39%. Deferred revenue represents payments received in advance from customers that will be recognized as revenue in future quarters when the services are performed.

“Our significant revenue growth during these periods resulted from increased sales of our Interactive Content and Data Applications as well as from increased subscriptions to Quotestream, says Keith Guelpa, president of QuoteMedia, Inc. This is our 18th consecutive quarter of revenue growth, reflecting the broadening market acceptance of our full line of financial data products and the increasing depth of our data offerings, which now cover over 65 stock exchanges worldwide. Throughout the three quarters ended September 30, our customer base grew substantially and represents a solid basis for furthering our trend of strong revenue increases, quarter over quarter, into the foreseeable future.”

“In the third quarter, QuoteMedia built on the momentum of the first half of 2007 as we continued to focus on and gear up for full-scale commercialization of our new generation of Quotestream products. During the quarter, we continued to introduce Quotestream II to the market in limited release. Quotestream II represents a new generation of our portfolio management system, with enhanced features and functionality. The Company also substantially completed the development of Quotestream Professional. Where Quotestream II is geared towards providing a professional level experience to non-professional users, Quotestream Professional is designed specifically for use by financial services professionals, offering unparalleled coverage and functionality at extremely aggressive pricing. We expect that Quotestream Professional and Quotestream II will be available for general release in the fourth quarter of 2007.”

“We remain committed to the execution of our revenue growing strategies,” says Guelpa. “Our plan of operation for the remainder of 2007 will focus on pre-marketing Quotestream II for deployments by brokerage firms to their clients, and moving strongly into the investment professional market with Quotestream Professional. We also plan to release new international data sets and continue the market penetration of our Data Feed Services. We will continue to add new data content to expand our line of Interactive Content and Data Applications and to license our Quotestream Wireless applications.”

“As previously forecasted, and consistent with our focus on expansion, we experienced a loss for this quarter of $415,336 and for the nine months ended September 30, 2007 of $1,212,323. While we expect that we will continue to incur losses in the short term, we expect our revenues will continue to rise significantly in 2008 and overtake the increased cost commitments that we have undertaken to support the development, launch and operation of our new product offerings. We believe that we are well positioned and on track to meet our longer term objectives,” says Guelpa.


STOCKS TO WATCH

INTELISYS AVIATION (OTCBB: IYSA)
"Up 1,257.14% in morning trading"

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

InteliSys Aviation Systems has enjoyed consistent, measured and orderly growth since its start in 1987. InteliSys is continuing with this pattern by setting (and achieving) the realistic goals it sets for itself as to growth in its technology and financial operations. InteliSys is committed to developing leading edge solutions built on current generation technology, delivered to its clients in a cost-effective manner. The modules and functionality supported by InteliSys demonstrate the company’s deep commitment to deploy solutions that adhere to the workflows of airlines.

IYSA News:

November 26 - Intelisys Aviation Systems of America Completes Merger

Intelisys Aviation Systems of America (OTCBB: IYSA) completed a Stock Purchase Agreement and Share Exchange with Keenway Limited, a company incorporated under the laws of the Cayman Islands and each of the equity owners of Keenway Limited ("Keenway"). The closing of the transaction took place on November 19, 2007 and resulted in the merger between IYSA and Keenway.

Pursuant to the terms of the Exchange Agreement, IYSA acquired all of the outstanding capital stock and ownership interests of Keenway from the Keenway Shareholders for an aggregate of 94,545,042 shares, or 94.5% of the Company's common stock. In addition, Keenway agreed to pay cash of $550,000.

Keenway is a corporation formed on May 9, 2007 under the laws of Cayman Islands. Keenway holds 100% of the issued and outstanding stock and ownership of Hong Kong Yi Tat International Investment Limited, a limited company incorporated under the laws of Hong Kong Special Administration Region.

Prior to the closing of the Exchange Agreement, Chen Minhua, Fan Yanling, Extra Profit International Limited, Luck Glory International Limited a nd Zhang Xinchen were the shareholders of Keenway. In addition, Chen Minhua and Fan Yanling were officers and directors of Keenway.

As a result of the Exchange Agreement, the Keenway Shareholders transferred all their interest in Keenway to the Company and, as a result, Keenway became a wholly owned subsidiary of the Company, which in turn, made the Company the indirect owner of the Hong Kong subsidiary of Keenway.

As a further condition of the Exchange Agreement, the current officers and directors of the Company resigned and new officers and directors of the Company were appointed.

The merger agreement contains customary terms and conditions for a transaction of this type, including representations, warranties and covenants, as well as provisions describing the merger consideration, the process of exchanging the consideration and the effect of the merger. Specifically, the Exchange Agreement also requires that the Company cancel all outstanding options, warrants and convertible preferred stock prior to the closing of the Exchange Agreement.


ALLIED SECURITY INNOVATIONS (OTCBB: ASVN)
"Up 166.67% in morning trading"

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

Allied Security Innovations, based in Wall, NJ, develops and markets integrated enterprise-wide image applications specifically designed for criminal justice organizations. Customers include states, cities, counties, corrections, justice, and public safety agencies. Additional information is available online at www.ddsi-cpc.com. Its subsidiary, CGM Applied Security Technologies, Inc., with locations in Wall, NJ and a factory in Staten Island, NY, is a leading manufacturer and distributor of Homeland Security products, including indicative and barrier security seals, security tapes and related packaging security systems, protective security products for palletized cargo, physical security systems for tractors, trailers and containers, as well as a number of highly specialized authentication products. Additional information is available online, at www.cgm-ast.com.

ASVN News:

November 26 - CGM-ASI Tape, Label Sales Increase Related to Homeland Security

CGM Applied Security Innovations, Inc., a wholly owned subsidiary of Allied Security Innovations, Inc. (OTCBB: ASVN) ("ASI") continues its trend as a leader in the development and distribution of Homeland Security products and materials, seeing a significant increase in the sale of its signature security tapes and labels over the past year.

Sales of these products alone have increased by about $300,000 in 2006 to $500,000 so far this year, indicating the transportation industry's ongoing awareness and concern for increased security, as well as the industry's confidence in CGM/ASI products.

"We are pleased to see an increase in business in this critical area of our security infrastructure. Our growth, year to year is over 150%. This is an indication that our products continue to be recognized for delivering value and cost effectiveness," said ASI CEO Anthony Shupin.


BURST.COM INC (OTC: BRST)
"Up 28.57% in morning trading"

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

Burst.Com, Inc., together with its subsidiaries, develops and licenses burst transmission technology and intellectual property for commercial, multimedia, interactive, satellite, wireless, and cable networks, as well as Internet. Its burst technology allows for burst transmission of video/audio programming. The company develops client/server network software and intellectual property for the delivery of video and audio information over networks. Its Burstware suite of software products enables companies to manage the delivery of video and audio files at Faster-Than-Real Time speeds, which is accomplished by utilizing available bandwidth capacity and local storage in conjunction with data compression to deliver video or audio data to users. The company licenses its intellectual property to content providers, platform providers, network providers, content aggregators, computer manufacturer, and consumer device manufacturers that delivers video and audio content to end users. Burst.Com sells its products in the United States, Germany, France, the United Kingdom, Australia, South Korea, Canada, and India. The company was founded in 1988. It was formerly known as Instant Video Technologies, Inc. and changed its name to Burst.com, Inc. in 2000. Burst.Com is based in Santa Rosa, California.

BRST News:

November 21 - Burst.com & Apple Sign Agreement in Principle to Settle Case

Burst.com, Inc. (OTC: BRST), announced that it has signed an agreement in principle to settle its case against Apple, Inc. ending almost 2 years of litigation. Apple agreed to pay Burst a one-time payment of $10 million cash in exchange for a non-exclusive license to Burst's patent portfolio, not including one issued U.S. patent and 3 pending U.S. patent applications related to new DVR technology. Burst agreed not to sue Apple for any future infringement of the DVR patent and any patents that might issue from the pending DVR-related applications.

The $10 million patent license provides Apple with the right to use Burst's intellectual property in its own technology and products, without further consideration. Burst, however, retains the right to enforce its patent portfolio against others.

Burst plans to continue identifying and evaluating companies who represent licensing opportunities and intends to diligently pursue those likely to yield suitable returns. Burst does not plan to announce specific names of suspected infringing products or companies in advance of negotiating with them or filing litigation to enforce its patent rights. Burst does not plan to publicly release any internal assessments of market segment size or dollar value of those markets, although it believes that they are significant enough to warrant the aggressive pursuit of patent licensing.

Court costs, expenses and attorney's fees in connection with the settlement of the litigation with Apple will reduce proceeds to the Company to approximately $4.6 million. According to the agreement, payment to Burst is to be made promptly after signing of a definitive settlement agreement. Burst's Board of Directors has indicated that it will be considering a cash distribution to Burst's shareholders from the Apple license fee, in an amount to be determined.

The company will not be further publicly addressing issues or answering questions regarding subjects that the Company's Board of Directors has not yet adequately addressed or resolved, or regarding subject matter that the company's legal counsel has advised is either privileged in nature, or should not be discussed for strategic or other reasons. As the Board and management make further determinations regarding the matters discussed in this Release and other matters involving the Company's future operations, the Company may, at its discretion, make further announcements to all shareholders and will also post those announcements on the Company's web site.


LATITUDE INDUSTRIES (OTC: LTDI)
"Up 25.00% in morning trading"

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

Latitude Industries, Inc. engages in the manufacture of recreational and specialty use powerboats. It intends to develop its own brand, Latitude powerboats with boat sizes from 23 feet to 50 feet. The company was founded in 1995 and is based in Miami, Florida.

LTDI News:

November 26 - Latitude Industries Generates Revenues Through Boat Shows

Latitude Industries Inc. (OTC: LTDI), a manufacturer of high-performance, center console powerboats, announced that it has generated revenues from previous boats shows.

Palm Beach Boat Show generated $200,000.00 in sales, while Texas International Boat Show generated contracts for three of the Latitude 28 SS worth over $270,000.00, and finishing the year strong in Annapolis, Maryland with three more contracts worth in excess of $350,000.00 was a plus, now we are ready to once again begin the Boat Show circuit starting in Baltimore, Miami International, and back to Palm Beach, and Texas.

Jonathan Giner, Director of Marketing and Sales, added that a current trend in the recreational boating industry is positioning Latitude Powerboats to take advantage of the desire for a luxurious, high-end boat with greater performance. This anticipated increasing demand for luxury marine vehicles is partially attributable to the 78 million baby boomers that are reaching the age of maximum earning power (Source: IBIS World, Jan. 2006).

"We are committed to this industry and to our shareholders," said Carolina Hernandez, President and CEO. She added, "I'm convinced that we are going to make great strides toward making Latitude the powerboat of choice."


EWORLD INTERACTIVE (OTCBB: EWIN)
"Up 11.96% in morning trading"

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

eWorld Interactive ("eWorld") is a second-generation media and entertainment portal in Mainland China and other Asian markets. The company has assembled a portfolio of multi-media content and applications that provide advertising access to a large customer base in the region. eWorld is a compelling place for individuals to interact with top media franchises as well as create and share their videos, photos, music, and online experiences. Offline products and video production capabilities allow the company to create higher value offerings for content providers and advertisers.

EWIN News:

November 26 - eWorld Interactive Begins Production of Major TV Show in China

Pantene Sponsors Program based on America's Next Top Model

eWorld Interactive, Inc. (OTCBB: EWIN) (the "Company" or "eWorld") announced that its wholly-owned subsidiary MOJO Media Works ("MOJO") has begun production of the Chinese version of hit TV franchise "America's Next Top Model."

The production, titled "Pantene China's Next Top Model" is under license to MOJO by CBS Paramount, and is a co-production including Procter & Gamble (P&G), Starcom and Sichuan Satellite TV (SCTV).

Originating from Sichuan province with the largest population in China of over 87 million persons, SCTV is a national broadcaster with a household reach of over 640 million viewers, with consistent high rating numbers in the top 3 of all national channels.

The production brings together retail partners Wal-Mart, Watsons, Carrefour and Tesco as thousands of hopefuls register to audition through one of 500 kiosks deployed in stores across the country. Thousands of additional registrations are delivered via eWorld's web portal at www.pantene-cntm.com.

20 semifinalists will be selected from 4 audition locations in Beijing, Shanghai, Guangzhou and Chengdu. 10 finalists will eventually make it to the show which will be aired Sunday nights on Sichuan TV. Based on the successful 10 season long format owned by CBS Paramount, it is created, hosted and executive produced by Supermodel Tyra Banks, and is the chance of a lifetime for the contestants as all finalists will receive national exposure, top model training and see the winner acquire a modeling contract with a world renowned agency, with the added chance to act as a spokesperson for Pantene.

Mr. David Tumaroff, Executive Producer and CEO of MOJO Media Works stated, "I predict it will have a great following due to the success and exposure of America's version."

The program's official website is at www.pantene-cntm.com. Additional user information including registration, blog, bbs, video streaming, and voting systems are available through eWorld Interactive's site at www.17dian.cn.


MPHASE TECHNOLOGIES (OTCBB: XDSL)
"Up 22.06% in morning trading"

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

mPhase Technologies, Inc. a development stage technology company, develops and sells broadband communications products for telephone service providers in the United States. The company primarily offers TV+ solution, an open-standards, carrier class solution of middleware/software enabling telephone service providers to deliver broadcast TV using internet protocol. The TV+ solution also delivers video on demand, voice, and high-speed Internet over various types of existing infrastructure of a telephone service provider, including copper, fiber, or coax. The company's other digital subscriber line products that include plain old telephone service Splitter Shelf is a low pass/high pass filter that separates voice and data transmissions. It also develops highly sensitive magnetometers based on micro-mechanical systems. The company was founded in 1996 and is headquartered in Norwalk, Connecticut with additional offices in Little Falls, New Jersey; and New York, New York.

XDSL News:

November 26 - mPhase to Present at NIBA Las Vegas November 29th-30th

NanoBattery Successfully Powers Smart Shell

mPhase Technologies, Inc. (OTCBB: XDSL) will be presenting and exhibiting at the National Investment Banking Association, Inc. (NIBA) conference to be held at the Luxor Hotel Las Vegas, Nevada from Thursday November 29th through Friday November 30th.

At the show, mPhase will provide details on a successful firing of its AlwaysReady, Inc. Smart NanoBattery that delivered power for a 120mm smart shell fired by a US Army Abrams tank for 3 miles.

mPhase will also provide a progress update on its 95% owned Granita Media, a company concentrating on targeted advertising technology for TV.

NIBA is designed to add value to its members, their client companies and investors, and the securities industry at large, by continuing to be the premier forum for quality small capital companies seeking access and exposure to underwriters and broker/dealers in connection with their capital formation, and other financial objectives and to be the focal point for all those seeking to enhance the capital formation environment for small companies.

About AlwaysReady, Inc.

AlwaysReady, Inc., a new 100% owned subsidiary of mPhase Technologies, Inc. (OTCBB: XDSL), is a micro and nanotechnology development company focused on advanced power and sensing solutions. AlwaysReady designs and develops proprietary technology by manipulating matter at the scale of atoms and molecules, controlling properties at the micro- and nanometer levels, and packaging solutions into products that provide value to customers. The Smart NanoBattery offers a revolutionary approach to energy storage and power management. For more information, please visit www.alwaysreadytech.com.

About Granita Media, Inc.

Granita Media, a 95% owned subsidiary of mPhase Technologies, Inc. (OTCBB: XDSL), is a media technology company concentrating on targeting advertising technology for TV. For more information, please visit www.granitamedia.com.


DRAKE GOLD RESOURCES (OTC: DKGR)
"Up 17.65% in morning trading"

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

Drake Gold Resources, Inc. is in the midst of creating a diversified natural-resource holding company, with a portfolio of precious and industrial metal-producing mines, as well as the creation of an oil/gas subsidiary. Diversification, as well as innovative exploration tactics, are part of an overall strategic plan being carried out by the company's formidable team of natural-resource development executives. Diversification plans include the development of gas, oil, gold, silver, and industrial-metal producing projects. For further information about Drake Gold Resources, visit www.DrakeGold.com.

DKGR News:

November 26 - Drake Gold Resources, Inc. Announces Decrease of Both Authorized and Outstanding Shares

Drake Gold Resources Continues Its Campaign to Strengthen the Architecture of the Company With the Completion of an AS/OS Share Reduction

Drake Gold Resources (OTC: DKGR), with the help of company President John Marconette and CFO Thomas Conar, has undertaken a comprehensive plan to develop a strong corporate structure.

The first step of this plan, bringing up to date current filings and becoming a "current information provider," was completed recently (See PR of 11/20/07). We are now pleased to announce to our shareholders our second step: a decrease of both authorized and outstanding shares of Drake Gold Resources, Inc.

The Outstanding Shares has been decreased from 878,156,800 shares to 808,156,800 shares. (An additional 20-million share cancelation will follow pending paperwork finalization.)

The Authorized Shares has been decreased from 1,401,500,000 to 950,000,000 (900M common, 50M preferred.)

"Very few start-up companies are willing to demonstrate the kind of responsibility needed toward forming a solid share structure. I am proud to say Drake Gold Resources is one of them," said President John Marconette. "We will be sending a message to the market that we are serious in our mining aspirations and our intentions are to set the bar higher than any other company currently trading over the counter."


SINOENERGY CORPORATION (OTCBB: SNEN)
"Up 14.49% in morning trading"

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

Sinoenergy is a manufacturer of compressed natural gas (CNG) vehicle and gas station equipment as well as an operator of CNG stations in China. In addition to its CNG related products, the Company also manufactures a wide variety of pressure containers for use in different industries, including the design and manufacture of various types of pressure containers in the petroleum and chemical industries, the metallurgy and electricity generation industries and the food and brewery industries.

SNEN News:

November 26 - Sinoenergy Corporation Expects to Benefit from Government Policies Concerning the CNG Filling Station Industry

Clarifies Mistaken Change to Trading Symbol

Sinoenergy Corporation (OTCBB: SNEN), a manufacturer of compressed natural gas (CNG) vehicle and gas station equipment and a designer, developer and operator of CNG filling stations in China, has announced that the Company expects to benefit from the recent increase in natural gas retail prices for vehicle users.

On November 8, 2007, the National Development and Reform Commission in China raised ex-factory natural gas prices for industrial users. However, this price increase does not apply to the wholesale price for CNG for vehicles use, fertilizer manufacture use or residential use. Moreover, the NDRC reiterated that since CNG-powered vehicles have a positive impact on the urban environment, they should have priority in using natural gas.

To encourage the use of CNG-powered vehicles, the National Development and Reform Commission in China recently requested that provincial municipalities increased local CNG retail prices so that they fall between 60% and 75% of the local price for 90 octane gasoline. The adjusted price shall not less than 75% of the price movement of 90 octane gasoline finally. Sinoenergy believes that this policy will improve the profitability for CNG filling station operators and therefore encourage greater investment in the sector.

As a result of the new policies, Hubei province's municipal government recently raised the retail price for CNG to vehicle users from 40 cents to 45 cents per cubic meter in Hubei province, while at the same time allowing major cities the flexibility to adjust the retail price of CNG used for vehicles in order to promote CNG supply and encourage the use of CNG-powered vehicles in local markets. Wuhan, the capital of Hubei province, where Sinoenergy has two CNG filling stations in operation, implemented this policy on November 19th. The two stations now are selling CNG to vehicles at 45 cent per cubic meter. Sinoenergy's management estimates that the increase in the retail price could increase the annualized net income of CNG filling stations. To a CNG filling station selling 10,000 cubic meters of CNG per day, it is expected to add net income of $73,000 per year.

"We are pleased to see the Chinese government's strong support for CNG vehicles. As a result of these policies, our purchase price for CNG currently remains unchanged, while we have benefited from increasing retail prices at which we sell CNG to vehicle users," said Mr. Bo Huang, CEO of Sinoenergy Corporation. "We believe the raising retail price for vehicles will aid in encouraging the development of a CNG filling station network throughout mainland China. And we remain confident that our business model will support improving revenues and profitability as Sinoenergy's new stations comes on line."

The price at which Sinoenergy purchases and sells CNG are both subject to price controls.

Trading Symbol Corrected

The Company also reported that its trading symbol had been mistakenly changed from SNEN to SNENE for two days this week due to a clerical error by NASDAQ. As previously reported and disclosed in an 8-K filing, Sinoenergy changed its fiscal year to end on Sept 30th and therefore is required to report its audited financial results for the period ended September 30th, 2007 by December 31, 2007. The Company was not delinquent in its filing obligations and NASDAQ has subsequently corrected its error in changing the trading symbol.

 
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