OTCPicks.com

FEATURED COMPANY

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."

FEATURED COMPANY

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

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:

December 17 - Vsurance, Inc. First Pet Health Insurance Provider To Cover Holistic Treatments

Wellness Care Endorsement on the Company's Protect 4 Pet Health Insurance Plan Covers Holistic, Homeopathic Consultations, Treatments, or Herbal Supplements

Vsurance, Inc. (OTCBB: VSUR), a leading provider of pet health insurance, announced that it is the first and only pet health insurance provider to cover holistic treatments in the prevention of illness of dogs and cats.

Holistic medicines & care is an alternative way of healing companion animals. It is the art and science of healing that addresses care of the whole animal – body, mind, and spirit. The practice of holistic medicine integrates conventional and complementary therapies to promote optimal health and to prevent and treat disease by addressing contributing factors. In addition to not only using the normal drugs and medicines, the attending veterinarian might prescribe remedies brought to us through natural sources.

The American Holistic Medical Association (AHMA) founded in 1978 is a membership organization for physicians seeking to practice a broader form of medicine than what was (and is) currently taught in allopathic (MD and DO) medical schools. For 25 years the AHMA has nurtured and educated physicians making this transition. Current membership is nearly 1,000 physicians and allied health professionals who seek to make the holistic model available to patients and practitioners alike (www.holisticmedicine.org).

“We are very excited to provide health insurance coverage for this growing treatment option for companion animal owners,” stated Russell Smith, CEO of Vsurance, Inc. “This is an important and defining difference in what makes our pet health insurance plans the best in the marketplace today.”

FEATURED COMPANY

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

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:

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.”

STOCKS TO WATCH

EPIX PHARMACEUTICALS (NASD: EPIX)
"Up 46.46% in morning trading"

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

EPIX Pharmaceuticals is a biopharmaceutical company focused on discovering and developing novel therapeutics through the use of its proprietary and highly efficient in silico drug discovery platform. The company has a pipeline of internally-discovered drug candidates currently in clinical development to treat diseases of the central nervous system and lung conditions. EPIX also has collaborations with leading organizations, including GlaxoSmithKline, Amgen, Cystic Fibrosis Foundation Therapeutics and Bayer Schering Pharma AG, Germany. For more information, please visit the company's website at www.epixpharma.com.

EPIX News:

December 18 - EPIX Pharmaceuticals Reports Compelling Clinical Results for PRX-03140 in Alzheimer's Disease; Statistically Significant Improvement in Cognitive Function Achieved Within Two Weeks

EPIX Pharmaceuticals (NASD: EPIX), announced compelling top-line results from a Phase 2a two-week clinical trial of its novel 5-HT4 agonist, PRX-03140, in patients with Alzheimer’s disease. The results show that patients receiving 150 mg of PRX-03140 orally once daily as monotherapy achieved a mean 5.7 point improvement on the Alzheimer’s Disease Assessment Scale cognitive subscale (ADAS-cog) versus a 0.2 point worsening in patients on placebo (p= 0.005). Patients on a 50 mg dose of PRX-03140 showed a 1.1 point improvement on the ADAS-cog. The ADAS-cog endpoint is the current standard for evaluating drug efficacy for cognition in Alzheimer’s disease and is an established and accepted registration endpoint.

“The responses observed in this clinical trial over a short duration are promising, and clearly indicate that PRX-03140 is worthy of further study over a longer period and in a larger patient population,” stated Paul Solomon, Ph.D., Professor, Department of Psychology and Program in the Neurosciences, Williams College, and the Clinical Director of the Memory Clinic in Bennington, Vermont. “Our patients are always in need of safe and effective treatments for Alzheimer’s disease, and I am very encouraged by these data.”

After reviewing these data, Serge Gauthier, M.D., Director of the Alzheimer's Disease Research Unit at McGill University, stated, “There is such an urgent and undeniable need for additional safe and effective treatments for Alzheimer’s patients. Findings like these data are not only encouraging and compelling – they appear to represent a step forward in our ability to understand and combat the effects of Alzheimer’s. I look forward to the next clinical trial of PRX-03140 as the development of this drug could be an important advance toward effective Alzheimer’s treatment.”

This Phase 2a clinical trial was a randomized, double-blind, placebo-controlled study to assess the effects of PRX-03140 following two weeks of treatment as monotherapy and separately in combination with donepezil (Aricept®) in patients with mild Alzheimer’s disease. PRX-03140 appeared to be well tolerated alone and in combination with donepezil (Aricept®) with no serious drug-related adverse events. The results show that patients on PRX-03140 alone achieved a statistically significant improvement in ADAS-cog; ADAS-cog changes in the combination arms of the trial were not statistically significant. According to the literature supporting currently approved Alzheimer’s therapies, significant improvements in ADAS-cog measures are not typically observed in less than 12 weeks of therapy.

“We had several responses of note in this trial,” stated Marvin Kalafer, M.D., Principal Investigator at The Clinical Trial Center in Jenkintown, Pennsylvania. “The compelling efficacy and tolerability data observed in this two-week trial are indicative of a profile that would be highly differentiated in the category.”

In pre-clinical models, PRX-03140 has been shown to have a novel mechanism of action that differentiates it from current Alzheimer’s therapies. This oral drug candidate selectively activates the 5-HT4 receptor in the brain. Activation of 5-HT4 not only stimulates the production/release of acetylcholine, which may improve cognitive symptoms of Alzheimer’s, but also stimulates the alpha secretase pathway, potentially slowing disease progression. PRX-03140 has the potential to be the first-in-class 5-HT4 agonist for the treatment of Alzheimer’s disease.

Michael G. Kauffman, M.D., Ph.D., chief executive officer of EPIX Pharmaceuticals stated, “We are very excited by the measurable impact on memory and cognition, achieved in such a short period of time, in a trial that was designed primarily to assess safety and tolerability. While we recognize that this is a two-week study on a relatively small population of patients, these statistically significant results, as well as the anecdotal reports we have received from study investigators and patients’ families since the trial concluded, support our belief that PRX-03140 has the potential to improve memory and cognition. We look forward to initiating a larger Phase 2b clinical trial early next year to further explore the potential of PRX-03140.”

Trial Design and Results

This Phase 2a clinical trial was conducted across 17 U.S. sites and included 80 patients who were treated for two weeks. Patients were studied on PRX-03140 alone (across three dose arms of 10 patients each: 50 mg once-daily, 150 mg once-daily and placebo) or in a placebo-controlled combination with 10 mg donepezil (Aricept®) (across five dose arms of 10 patients each: PRX-03140 at 5, 25, 50, 100 and 200 mg with donepezil (Aricept )10 mg once-daily). Primary endpoints were safety, tolerability and assessment of quantitative electroencephalograms (qEEG). A battery of cognitive measures, including ADAS-cog assessment, and pharmacokinetic evaluations were measured as secondary endpoints.

Key trial findings include:

• Robust and statistically significant improvement in cognitive function as measured by ADAS-cog with PRX-03140 at 150 mg once-daily monotherapy vs. placebo (p=0.005); the rigorous analysis of covariance with the ADAS-cog baseline was used.
• This 5.7-point mean improvement in ADAS-cog for the 150 mg dose group compared to a 0.2-point mean worsening on placebo is better than ADAS-cog responses seen in previously published information with approved and experimental agents.
• PRX-03140 also showed a statistically significant dose-response for 150 mg vs. 50 mg (monotherapy) vs. placebo (p=0.02).
• The onset of benefit of PRX-03140 in Alzheimer’s patients was observed within two weeks.
• PRX-03140 produced strong trends in the alteration in brain wave activity (alpha:theta ratio) in the 150 mg dose group versus placebo as measured by qEEG, similar to changes observed with cholinesterase inhibitors.
• As monotherapy and in combination with donepezil (Aricept®), PRX-03140 appeared to be well-tolerated with no serious drug-related adverse events.

PRX-03140 is part of EPIX’s worldwide, multi-target strategic collaboration with GlaxoSmithKline to discover, develop and market novel medicines targeting four G-protein coupled receptors (GPCR) for the treatment of a variety of diseases, including Alzheimer’s disease. EPIX is responsible for discovery and development of products in the collaboration, including PRX-03140, through to clinical proof of concept, at which point GSK has an exclusive option to license each product for further development and commercialization on a worldwide basis. As part of the collaboration, EPIX received total initial payments of $35 million, including $17.5 million through the purchase of its common stock, and may be eligible to earn up to $1.2 billion in milestones across the four GPCR programs. If GSK exercises the option to license EPIX's PRX-03140 program, EPIX will retain the right to co-promote any products from that program in the United States. Under the collaboration, EPIX is also entitled to receive tiered double-digit royalties of sales by GSK on all collaboration-developed product sales. The alliance is conducted through GSK's Center of Excellence for External Drug Discovery (CEEDD).

About PRX-03140

PRX-03140 is a novel, oral investigational drug candidate for Alzheimer’s disease. It is selective for the 5-HT4 receptor in the brain and is believed to stimulate both acetylcholine production/release – which enables symptomatic improvement in Alzheimer’s patients – and the alpha-secretase pathway – which slows Alzheimer’s disease progression. In three Phase 1 trials and this Phase 2a trial, with more than 180 patients and healthy subjects, PRX-03140 has been well-tolerated. In a 14-day Phase 1b clinical trial, treatment with PRX-03140 resulted in changes in brain wave activity in Alzheimer’s patients that are consistent with those seen in clinical trials with currently approved drugs for Alzheimer’s disease. In preclinical studies, PRX-03140 has shown to improve cognitive function through increasing levels of acetylcholine, soluble amyloid precursor protein (sAPP) and brain-derived neurotrophic factor (BDNF) in regions of the brain known to be important for memory.

PRX-03140 is one of EPIX’s four drug candidates currently in clinical trials discovered through the use of its proprietary computer-based G-Protein Coupled Receptors (GPCR) platform and optimized with integrated computational-medicinal chemistry.

About Alzheimer’s Disease

Alzheimer's disease is a debilitating neurodegenerative disorder characterized by progressive loss of memory and cognitive function, affecting more than 5 million Americans according to the Alzheimer's Association, and more than 9 million worldwide according to the Alzheimer's Disease International Association. The U.S. National Institute of Aging estimates that about 5 percent of the population aged 65-74 and as many as 50 percent of those over age 85 have the disease. Although treatment options are limited, the global market for Alzheimer's disease drugs is growing, from $4 billion in 2006 to over $5 billion expected in 2010, as estimated by Thomson-Pharma.

GREENSHIFT CORPORATION (OTCBB: GSHF)
"Up 114.29% in morning trading"

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

GreenShift Corporation, through its subsidiaries, develops and supports clean technologies and companies that facilitate the use of natural resources. It provides applied engineering and technology transfer services based on clean technology and process innovations. The company also produces ethanol, biodiesel, and other clean fuels from agriproducts. In addition, GreenShift focuses on reducing carbon intensity of energy utilization. Further, it provides transportation and distribution of industrial and hazardous wastes; site remediation and industrial cleaning; engineering and consulting; and environmental, health, and safety compliance services. The company's customers include ethanol facilities; developers of renewable fuel production facilities who purchase its proprietary biodiesel production equipment; industrial manufacturers that purchase its specialty equipment and related manufacturing services; and industrial and governmental clients that generate industrial wastes. GreenShift Corporation is based in New York, New York.

GSHF News:

December 17 - GreenShift Provides Update on Distribution

GreenShift Corporation (OTCBB: GSHF) provided an update to its shareholders regarding the status of its pending distribution.

As previously announced, GreenShift shareholders of record as of December 12, 2007 will receive the following distributions:

This distribution is being made to GreenShift shareholders of record as of December 12, 2007. However, because shares are being distributed, the ex-dividend date for this distribution will be the date on which the certificates are actually mailed to the shareholders.

While the distributions are currently being processed, GreenShift expects to mail the certificates to its shareholders on or about December 26, 2007. The exact mailing date will be announced once all three securities are ready for distribution.

In order to retain the distribution, GreenShift shareholders of record as of December 12, 2007 will need to hold their GreenShift shares until the mailing date.

Any GreenShift shareholder who held shares as of December 12, 2007 but then sells GreenShift shares between December 13, 2007 and the mailing date will be required to deliver the distributed shares to the purchaser when they are received. The delivery of the distributed shares will be accomplished by the seller’s broker.

Likewise, any GreenShift shareholder that purchased GreenShift shares on or after December 13, 2007 and then holds their GreenShift shares until after the mailing date will be entitled to be the final recipient of the distributed shares.

Any questions pertaining to the distribution should be emailed to GreenShift at This email address is being protected from spam bots, you need Javascript enabled to view it .

PRIME RESTAURANTS (OTC: PRSU)
"Up 80.00% in morning trading"

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

Prime Restaurants is a start-up restaurant holding company with an eye towards rapid expansion and revenue growth within the next 12 to 24 months. The company will focus only on major well-populated areas such as New York, Connecticut, New Jersey, Florida, Pennsylvania and North and South Carolina with locations that will generate a minimum of $2,000,000 per year at each location.

PRSU News:

December 18 - Prime Restaurants, Inc. Announced Today That It Has Entered Into a Binding Agreement to Acquire Baron International, a Major Restaurant Builder and Equipment Supplier

Prime Restaurants, Inc. (OTC: PRSU) announced that it has entered into a binding agreement to acquire a Major Restaurant Builder and Equipment Supplier.

Prime Restaurants, Inc. is very pleased after several months of negotiations and a lot of give and take on both sides that an agreement could be reached, it is the intent of the company (PRSU) to build a national branded restaurant chain and know that with the experience and knowledge of Baron International and their management team this is within the realm of reality.

Baron International will be a 100% wholly owned subsidiary of PRSU with the original founders and officers of Baron remaining onboard to run the subsidiary. The acquisition is expected to be officially completed by the end of January 2008.

"PRSU is very excited about this acquisition as it will not only bring a very well established and recognized company with significant revenue into the company, but will also enable the company to build its own restaurants at a reduced cost, thus increasing the company's ability to create more of its own locations, reducing build out costs and credibility to our young company," said Mr. Cris Galo President & CEO.

Mr. Galo also stated that, "This is an acquisition that has been pursed for a long time as it will open a whole new world of opportunities for the company, I am delighted that we have finally been able to bring this acquisition to this point."

Mr. Robert Ingala stated, "The merger of these two companies has created a dream come true, while we create a first class operation building restaurants across the country utilizing our expertise and Prime Restaurants' Consumer Base and the Brand Name of PRSU we expect great results."

About Baron International:

Baron International, Inc. was founded in 1982 by Mr. Robert Ingala and Mr. Norman Kushner, since their inception the company has sold beer systems and built many restaurants and systems. Now at this point they have served major companies such as Applebee's, Pepsi, and National Amusement (Mr. Summer Redstone) amongst many other major corporations and others, they are going to move to the next level.

FIRESKY MEDIA CORPORATION (OTC: FSKM)
"Up 50.00% in morning trading"

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

Firesky Media Corp., currently based in Irvine, California, is focusing on the electronic hardware and computer component industry. As the Company nears completion of its restructuring activities, the company is in the process of reorganizing its management team and board of directors. The Company plans to change its name during the fourth quarter. More information about Firesky Media can be found at www.fireskymedia.com.

FSKM News:

December 18 - Firesky Signs Letter of Intent to Acquire Sky Electronics, Inc., a Leading OEM Distributor With Annual Revenues of $18.5 Million

Firesky Media Corp. (OTC: FSKM) announced that it has signed a letter of intent to acquire Sky Electronics, Inc. ("Sky") http://www.skyelec.com. Sky's revenue for 2007 will be approximately $18.5 million; they are profitable and have seen sales grow 52% since 2004. Firesky will acquire Sky for $2.5 million in cash and 38% of Firesky common stock.

Sky is a distributor of OEM original products of network gear and server products from the world's leading manufacturers. Through its network of global sources Sky distributes new OEM original packaged products without franchise distribution costs, which provides Sky's customers with access to OEM products at a reduced cost as well as with same day shipping. As a result, Sky has significant margin opportunities and a large customer base.

"Sky has demonstrated its ability to distinguish itself as a nationwide leader in providing its customers with attractive pricing and delivery of innovative technologies in this rapidly growing market segment of OEM packaged products," said John Harris, incoming Firesky President and Chief Executive Officer. "Solution providers are increasingly turning to alternative sources and specialty distributors which is making this market segment extremely attractive. Sky is poised to become a significant leader in this multi-billion market."

"Sky's future is focused on providing our Value Added Reseller customer base with superior pricing, service, and new OEM product solutions," said Dan Rickabus, CEO of Sky. "The acquisition of Sky by Firesky will allow Sky's management team to focus solely on this goal and provide a terrific platform and opportunity to consolidate this fairly fragmented industry segment."

Once the acquisition is complete, Sky will continue to have full autonomy over its day to day operations, with Sky CEO Dan Rickabus joining the Firesky Board of Directors. In addition, Firesky plans to make additional acquisitions of other similar companies. The Company also plans to change its name during the fourth quarter.

About Sky Electronics, Inc.

Sky is a non-franchised stocking distributor of OEM original products. Through its network of global sources and manufacturer's products, Sky provides its customers with new OEM original packaged products without franchise distribution costs, with greater flexibility in policies and procedures, and access to millions of products and same day shipping. Sky is recognized as the low cost distributor of new packaged products, without sacrificing quality, technology or on-time delivery.

MAGELLAN ENERGY NEW (OTC: MGLG)
"Up 27.27% in morning trading"

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

Magellan Energy is a publicly traded independent oil and gas company. The company is actively acquiring oil and gas leases, producing properties, mineral rights, and surface interests in Texas and Oklahoma. Once acquired, the company intends to develop each property to maximize the income from each property by re-establishing production, refurbishing and improving the existing production and operations.

MGLG News:

December 18 - Magellan Energy Announces Update on the Thomas D. Martin Wells

Magellan Energy Ltd. (OTC: MGLG), an independent oil and gas company, announced that it is selling natural gas from wells on the Thomas D. Martin project in Morgan County, Tennessee in which it holds a 20% working interest. The operators for these wells, TMD Energy Inc., stated that the Citizens Gas Utility District have recently reconfigured the gas pipelines to allow gas from the wells to enter its system. A compressor has also been installed to increase production volume.

Magellan Energy is pleased to announce that the Martin lease is a mature producing oil and gas property that is being prepared for waterflooding. This ongoing project with TMD Energy Inc. will take some time to complete but with the newly installed compressor we will have increased gas production and revenue for Magellan Energy Ltd. The water flood project must still be subject to further research, geological surveys and studies to be properly executed. Until such time is determined, the wells will continue to operate at their new capacity, generating revenue with the new lines.

Magellan Energy's President, Mr. Akrivos, said, "We are very pleased at the progress that has been made up to date on the Martin project which will take some time to properly execute. TMD Energy Inc. has done an excellent job ensuring the wells maintain production and we are extremely happy to be working with them. This is our company's second successful project in Tennessee, thus establishing Magellan as a reputable, revenue-producing company in the oil and gas industry. In addition, we are in the final stages of developing a third project in Tennessee, which will be announced in the near future."

FIRSTFLIGHT INCORPORATED (OTCBB: FFLT)
"Up 14.29% in morning trading"

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

FirstFlight, Inc. and its subsidiaries engage in the aircraft charter management, fixed base operations (FBO), and aircraft maintenance of the general aviation industry in the United States. It provides charter management services, including on-call passenger air transportation; FBO services, such as the fueling and hangaring for general aviation, commercial and military aircraft along with the operation of a flight school in Pennsylvania, and the management of a non-owned FBO facility; and aircraft maintenance and repair services for both managed and non-managed aircraft, as well as specialty services on aircraft brakes and wheels. The company was founded in 2003. It was formerly known as FBO Air, Inc. and changed its name to FirstFlight, Inc. in 2006. The company is based in Horseheads, New York.

FFLT News:

December 18 - FirstFlight Appoints Special Committee to Study Strategic Options

FirstFlight, Inc. (OTCBB: FFLT), a charter management and aviation services company, announced that its Board of Directors has decided to explore a broad range of strategic alternatives to enhance stockholder value. The Board has appointed a special committee drawn from its independent members to study these alternatives and has retained Laidlaw & Company (UK) Ltd., as its financial advisor to assist in this effort. The Board has taken this action in response to a number of acquisition opportunities and to a recent unsolicited indication of interest in the acquisition of FirstFlight.

FirstFlight previously announced record results for the nine months to September 30, 2007. Revenues rose to almost $35.1 million up from $29.8 million in the nine months to September 30, 2006. In 2007’s first nine months, revenue was composed of: $28.5 million in charter management (up from $23.4 million in the same period prior year), another $4.5 million from fixed base operations (FBO, up from $4.2 million in the nine months through September 30, 2006), and $2.1 million from aircraft maintenance, off slightly from $2.2 million in the same period of 2006.

The Company reported a net income for the first nine-months of 2007 of $183,868, an improvement from the $2.5 million net loss for the first nine month of 2006. FirstFlight’s management credits the turn around to the completion of a program to improve costs, a larger fleet of managed aircraft, a better mix of mid- to large-cabin aircraft, conversion of preferred shares and repayment of senior debt.

John Dow, President and CEO of FirstFlight said, “We engage in the aircraft charter management and aircraft maintenance businesses as well as FBO activities such as fueling and hangaring for general aviation. We believe that these markets are attractive for consolidation. At the same time, The National Air Transportation Association (NATA) pointed out last year that 30% of charter travelers have almost totally abandoned the scheduled airlines for their travel needs, in large part due to the security aggravations brought on by 9/11 and service that has declined in recent years. We anticipate that this trend is going to continue and will increase demand for our services. Indeed, we hired Marketshare Development Inc., a marketing company based in Scranton, Pennsylvania, to help us continue developing our business. FirstFlight has had a year of consolidation, and we believe we are now in a position to explore ways to take advantage of these market conditions.

“Looking at our business segments individually, one can see that there are a great many opportunities, and the new committee will be involved in separating the good prospects from those that are less attractive. The charter management segment of the aviation industry where we operate is defined as those operators flying under Federal Aviation Regulations (FAR) Part 135 covering aircraft with 30 seats or fewer and up to 7,500 pounds of payload. NATA noted last year that there were approximately 3,000 holders of Part 135 charter certificates, which include 2,550 for fixed wing aircraft and 450 for helicopter operators. We are confident that there are economies of scale that can be achieved through consolidation in this highly fragmented market.

“Our FBO business operates in a similarly fragmented and diffuse market. Here, NATA said that there are over 3,000 operators who serve customers at one or more of the over 3,000 airport facilities that have at least one paved 3,000-foot runway. The vast majority of these companies are single location operators. Aircraft maintenance is similarly structured.”

Dow concluded, “We have reached an important stage in our development, and the research and deliberations of this committee in examining our strategic options will result in an active and exciting 2008.”

FirstFlight also noted that there can be no assurance that the exploration of these strategic alternatives will result in any transaction. FirstFlight does not intend to disclose developments with respect to the exploration of strategic alternatives unless and until its Board of Directors has approved a specific transaction.

Laidlaw & Co., which has been involved with FirstFlight since its infancy, possesses a wealth of industry knowledge and years of transactional experience, allowing it to raise capital and advise clients who seek efficient market access and creative solutions to their corporate financing needs. With investment banking expertise and merchant banking capital under one umbrella, Laidlaw is uniquely suited to serve emerging growth companies and satisfy special situation funding requirements.

LIME ENERGY COMPANY (OTCBB: LMEC)
"Up 62.50% in morning trading"

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

Lime Energy Co., through its subsidiaries, operates as a developer, manufacturer, and integrator of energy saving technologies. The company operates in two segments, Energy Technology and Energy Services. The Energy Technology segment engages in the development and sale of eMAC and uMAC products. The eMAC system comprises of heating, ventilating, and air conditioning (HVAC) controller with wireless communication capabilities and a central, server based, Internet accessible software that monitors and controls the operation of the connected HVAC units; and the uMAC controls the operation of a facility's lights via wireless communications. The Energy Services segment markets, designs, engineers, and installs energy efficient lighting upgrades for commercial and industrial users; provides energy engineering services, including building energy audits, HVAC and boiler system optimization, energy management planning, engineering design to optimizing energy efficiency and energy rebates, energy project management, and lighting engineering and design; and provides turnkey lighting upgrades. Its Energy technology has various applications in commercial buildings, factories, and office structures. The company was founded as Electric City Corp. in 1997 and changed its name to Lime Energy Co. in 2006. Lime Energy is headquartered in Elk Grove Village, Illinois.

LMEC News:

December 18 - Lime Energy Extends Mortgage with American Chartered Bank

On December 17, 2007, Lime Energy Co. (OTCBB: LMEC) ("Lime Energy") and American Chartered Bank ("American Chartered") entered into a Fifth Modification to Mortgage, Assignment of Rents and Security Agreement, and the Third Amended and Restated Mortgage Note (collectively, the "Fifth Amendment").

The original mortgage dated May 29, 2002 in the amount of $735,000 and with a maturity of April 30, 2004, was amended and restated four times, on September 30, 2003, on December 31, 2004, on December 13, 2005, and again on December 28, 2006 to extend the maturity to February 1, 2008.

The Fifith Amendment extends the maturity of the mortgage indebtedness two years to February 1, 2010. As of December 17, 2007, the outstanding principal balance on the mortgage was $490,000. The indebtedness continues to bear interest at a rate equal to prime (7.25% as of December 17, 2007) plus 1/2 of 1%, payable monthly.

Principal is payable in monthly installments of $3,000, with the unpaid balance due at maturity.

STINGER SYSTEMS INCORPORATED (OTCBB: STIY)
"Up 46.43% in morning trading"

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

Stinger Systems, Inc. engages in manufacturing and marketing electronic restraint products to law enforcement, correctional, professional security, and military sectors. It produces and sells electronic stun devices for the control of, and to provide temporary incapacitation of, dangerous persons. The company markets S-200, a two-dart electronic projectile stun device, and TruVu camera, which offers the option of video and voice capture. The company's control products include Ice Shield, an electrified riot shield; Bandit, a remote controlled or movement controlled electrified wrap used for controlling dangerous detainees in public situations or during transport; and Ultron, a handheld contact stun device used to temporarily incapacitate dangerous individuals. The company was founded as United Consulting Corporation in 1996 and changed its name to Stinger Systems, Inc. in 2004. Stinger Systems, Inc. is based in Tampa, Florida.

STIY News:

December 17 - Medical Study of Stinger S-200 Stun Gun Completed

Study confirms cardiac safety

Stinger Systems, Inc. (OTCBB: STIY), a leader in electro-stun technology, announced a major research university has completed a comprehensive cardiac study of the Stinger Systems' S-200 projectile stun gun. Details of the study are being withheld pending publication at a scientific meeting and/or in a scientific journal. However, this study confirmed the cardiac safety of the S- 200, which had previously been documented in internal safety testing. Stinger Systems' stun products have been used since 2000. Thousands of applications have occurred and, to date, the Company has had no reported injuries or adverse health effects using its products including during training. Additional medical studies of the S-200, including direct comparisons to the Taser M26 and Taser X26 are currently underway.

Stinger Systems, Inc. intends to introduce the study for acceptance into evidence at trial of its federal case against Taser International, Inc. (NASD: TASR) for false advertising/unfair competition, that is United States District Court for the District of Arizona case CV-07-0042-PHX-MHM.

CONTINENTAL FUELS (OTCBB: CFUL)
"Up 12.24% 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:

December 17 - Continental Fuels Completes Acquisition of Geer Tank Trucks - North Texas Oil Purchasing Company - Gains Access to Crude Contracts and Pipelines - Immediate Additional Revenue

With conventional financing provided by Sheridan Asset Management, LLC of New York, Continental Fuels, Inc. (OTCBB: CFUL) (FWB: CIQB) has completed the purchase of all of the outstanding stock of Geer Tank Trucks, Inc. (www.geertanktrucks.com), a crude oil purchasing company founded in 1945 with five locations in North Texas and nearly $50 million in annual revenue. In this single transaction in which Geer becomes a wholly owned subsidiary of Continental, Continental has completed the next phase of its business plan by securing a consistent supply of crude oil, all of the equipment necessary to transport and process that crude and access to major crude oil pipelines to efficiently deliver the crude to market.

The transaction is the second major acquisition completed by Continental during the year. In April, Continental acquired the Brownsville Port Facility (www.portofbrownsville.com) and light crude trading business of Universal Property Development and Acquisition Corporation (OTCBB: UPDA) (FWB: UP1) (www.universalpropertydevelopment.com) in a transaction that resulted in UPDA acquiring a controlling interest in Continental. Since that time, Continental has expanded the storage capacity of its port facility and established significant contracts for the sale and delivery of light crude condensate originating from that facility.

In addition to financing this purchase, Sheridan has also committed a $3 million working capital credit facility to finance Continental’s operations at Geer and the port.

The Geer acquisition includes 4 pipeline terminals with connections to major pipeline companies such as Colonial, Teppco and Plains and 5 service yards in various locations throughout North Texas, more than twenty 200 bbl transports, 50 frac tanks, water hauling and disposal facilities incorporating 2 commercial salt water disposal wells and other assets and equipment invaluable to Continental’s continuing development of its business model.

“Completing this acquisition represents another leap forward in the development of our business,” remarked Continental CEO Tim Brink. “While the revenue it brings is very important, the incredible opportunities it presents cannot be overstated. The assets and business of this company correspond perfectly with the plans we have developed. In the time we have been working with the Geer management, much of which will remain intact, we have identified several additional sources of revenue and opportunities for growth and negotiated significant increases in sales margins. Continental will now have port facilities and contracts for the purchase, storage, sale and delivery of light crude in South Texas and sources, facilities and equipment to transport and deliver and contracts to purchase and sell crude in North Texas.”