GRANT LIFE SCIENCES (OTCBB: GLIF)
"Up 136.84% on Monday"

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

Grant Life Sciences, Inc., a development stage company, engages in the development of antibody-based screening tests to screen woman for cervical cancer and pre-cancerous conditions. Its tests detect the presence of various antibodies that appear when cervical cancer or pre-cancerous conditions are present in the body by analyzing a small amount of the patient's blood. Grant Life also holds rights to diagnostic devices for HIV-1, HIV-2, and dengue fever testing; and a proprietary colloidal gold reagent, an ingredient used by manufacturers of rapid tests. The company was founded in 1998 and is based in Salt Lake City, Utah.

GLIF News:

March 31 - Grant Life Sciences Receives a Waiver from N.I.R. Group That Allows Grant to Pursue Alternate Financing

Grant Life Sciences (OTCBB: GLIF) announced it has received a waiver from The N.I.R. Group, LLC (“N.I.R. Group”), a Roslyn, N.Y.-based hedge fund that allows Grant to pursue alternate financing to pay down, in whole or in part, an existing financing debt to N.I.R.

“The Company has greatly appreciated NIR’s support over the last two years and these important developments related to N.I.R. Group will allow Grant to further advance its serum-based test for cervical cancer in the largest market in the world, China,” said Hun-Chi Lin, Ph.D., Grant’s President and Chief Scientist.

MERISEL INCORPORATED (OTC: MSEL)
"Up 129.17% on Monday"

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

Merisel, Inc. supplies visual communication solutions primarily in the United States. The company engages in imaging and prototyping businesses. Its imaging business includes graphic solutions, and premedia and retouching services. Merisel provides graphic arts consulting and production services, including design consulting, digital photographic output services, inkjet and digital output services, photo finishing, and exhibit and display solutions. The company offers these services in connection with the production of visual communications media used in the design and production of consumer product packaging, advertising products in retail stores, and outdoor and event displays. It provides various premedia services, such as scanning, type setting, high-resolution file preparation for printing, and retouching services for commercial or high art clients for modifying or enhancing the appearance and functionality of photographic images used in publishing, advertising, or package applications. The company's prototype business involves the creation of prototypes and mockups used in new product development, market testing, and focus groups, as sales samples; as props for print and television advertising; and as samples for use in corporate presentations, point-of-sale displays, and packaging applications. In addition, Merisel offers image database management and archiving, workflow management and consulting services, and related outsourcing and graphic arts consulting services. The company serves customers in the retail, fashion/apparel, cosmetic/fragrance, consumer goods, sports/entertainment, advertising, and publishing industries. It has offices and production facilities in New York, New York; Edison, New Jersey; Burbank, California; Atlanta, Georgia; Portland, Oregon; and Chicago, Illinois. The company was founded in 1980 under the name Softsel Computer Products, Inc. and changed its name to Merisel, Inc. in 1990. Merisel is headquartered in New York, New York.

MSEL News:

March 28 - Merisel, Inc. to Be Acquired by an Affiliate of American Capital Strategies for $5.75 per Share in Cash

Merisel, Inc. (OTC: MSEL), a leading provider of visual communications and brand imaging solutions to the consumer products, retail, advertising and entertainment industries, announced that it has entered into a definitive agreement pursuant to which it will be acquired by TU Holdings, Inc., a wholly owned portfolio company of American Capital Strategies, Ltd. (NASD: ACAS), for $5.75 per share in cash.

Donald R. Uzzi, Chairman and Chief Executive Officer of Merisel, said, "We believe that this transaction delivers substantial value to our stockholders. For over a year, our Board of Directors has examined numerous strategic alternatives focused on enhancing value and has determined that a transaction with American Capital is the best alternative for our stockholders." Ronald P. Badie, lead director, added, "We look forward to working with American Capital to close this transaction quickly and to smoothly transition the Merisel business to its new owners."

Dean Anderson, Managing Director of American Capital, said, "Merisel is a leader in the visual communications and brand imaging solutions business. We are excited about this opportunity and anticipate closing this acquisition in the second quarter of 2008."

The transaction has been unanimously approved by Merisel's Board of Directors, which will recommend that Merisel's stockholders approve the transaction. Affiliates of Stonington Partners, L.P., Merisel's largest stockholder, who collectively own approximately 60% of the company's outstanding common stock, have entered into an agreement to vote in favor of the transaction. Approval of the transaction requires the affirmative vote of a majority of the outstanding Merisel shares and is subject to certain other customary closing conditions. The shares held by the affiliates of Stonington Partners represent more than a majority of Merisel's outstanding shares of common stock. The transaction is expected to close during the second quarter of 2008. The exact timing of the closing of the transaction is dependent on the review and clearance of necessary filings with the Securities and Exchange Commission and satisfaction of other customary closing conditions.

Robert W. Baird & Co. Inc. acted as financial advisor to Merisel, Houlihan Lokey Howard & Zukin Financial Advisors, Inc. acted as financial advisor to the Special Committee of the Board of Directors of Merisel, and Weil, Gotshal & Manges LLP, and Rosner & Napierala, LLP provided legal advice. O'Melveny & Myers LLP acted as legal counsel to American Capital.

INTEGRATED MANAGEMENT INFORMATION (OTCBB: INMG)
"Up 120.00% on Monday"

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

Integrated Management Information, Inc. provides livestock tracking and herd management software database applications, consulting services, and verification solutions for the livestock and meat industry. It develops proprietary Web based applications, consulting methodologies, auditing processes, and other services that allow the livestock industry to record, manage, report, and audit the information under USVerified brand name. The company offers SupplyVerified, a verification and auditing service that enables cattle suppliers to demonstrate their ability to track key data related to the source and age of cattle; solutions to enable feed yards to comply with United States Department of Agriculture's (USDA) Quality System Assessment (QSA) requirements; and solutions to meat packers, processors, and distributors to demonstrate that their products comply with USDA's QSA requirements and Export Verification requirements, as well as the USDA's Process Verified Program. In addition, it provides hardware products, primarily identification cattle ear tags. Further, the company owns and operates Cattlenetwork.com, an Internet-based online service, which provides news and information about the North American cattle industry; and Cattlestore.com, an e-commerce site for customers to purchase a range of products and supplies related to agriculture. Integrated Management Information, Inc. was incorporated in 1998 and is headquartered in Castle Rock, Colorado with an additional office in Platte City, Missouri.

INMG News:

March 31 - IMI Global Featured on CNBC Power Lunch 'Mike On America' Segment

Integrated Management Information, Inc. (OTCBB: INMG) (IMI Global) a leading provider of verification and Internet solutions for the agricultural/livestock industry, announced that the Company is scheduled to be featured on CNBC's Power Lunch program on March 31, 2008. The feature was done by roving business reporter Mike Hegedus for his regular "Mike on America" segment, which typically runs toward the end of the two-hour Power Lunch program. Power Lunch is scheduled to air today from 10 a.m. to 12:00 noon Mountain Time. Should the IMI Global feature not air due to breaking news, the Company will announce the new scheduled airtime once it is available.

CADDO INTERNATIONAL INCORPORATED (OTC: CADD)
"Up 133.33% on Monday"

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

Caddo International, Inc., is a provider of products and services to the oil and gas industry. The Company provides and integrates products and services through exploration, development, production, operation and maintenance in the Louisiana and Texas regions.

CADD News:

March 31 - Caddo International Announces Successful Negotiations With Private Financial Group and Aggressive Growth Plans to Be Implemented Immediately

Caddo International, Inc. (OTC: CADD) management completed successful negotiations with a private financial group to begin implementing a powerful public relations campaign geared towards enhancing shareholder value. Through very extensive analysis and research with their financial industry contacts they have established there is a very large short position in the stock and they have concluded that they will begin an aggressive buying program.

They will also be instrumental in assisting the company in arranging financing to implement an aggressive expansion program through mergers and acquisitions. As a result of this latest development the company has received interest in potential mergers to further expand the Company's growth plans.

President Mario Lanza stated, "This will be the beginning of very exciting times for all our loyal shareholders because finally with these developments Caddo International will now move forward from a more aggressive stance. Caddo International is already a profitable company and with these latest developments revenues are expected to increase substantially to further expand Caddo International's operations.

ROO GROUP INCORPORATED (OTCBB: RGRP)
"Up 69.23% on Monday"

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

ROO Group, Inc., through its subsidiaries, operates as a digital media company in the United States. The company provides products and solutions that enable the broadcast of topical video content from its customers' Internet Web sites. It provides technology and content required for video to be played on computers through the Internet, as well as broadcasting platforms, such as set top boxes and wireless devices. ROO Group's activities include the aggregation of video content, media management, traditional and online advertising, hosting, and content delivery. It operates a global network of individual destination portals under the brand ROO TV that enables end users to view video content over the Internet. The company, together its subsidiaries, also services Web sites based in Europe, Australia, the United States, and Asia. In addition, it provides integrated communication solutions, including direct marketing, Internet advertising, and sales promotion. The company sells its products and services through direct sales force and resellers to media and newspaper chains, Internet service providers, and vertical Web sites. ROO Group was founded in 1998 and is based in New York, New York with additional offices in Los Angeles, California; South Melbourne, Australia; and London, the United Kingdom.

RGRP News:

March 31 - ROO Group to Report Fourth Quarter and Year End 2007 Results on March 31, 2008

Company Announces Conversion of Existing Super-Voting Preferred Shares and Elimination of Preferred Share Class

Company Enters Definitive Share Purchase Agreements to Acquire Shares of Subsidiary Sputnik Agency

Company to be Renamed 'KIT Digital'

ROO Group Inc. (OTCBB: RGRP) announced financial results for the quarter and year ended December 31, 2007, the reporting period immediately prior to the assumption of executive management responsibilities by the KIT Capital group. The Company also made several key corporate action announcements, including:

(a) The conversion of all of the Company's outstanding 10 million super-voting preferred shares into an aggregate of 400,000 common shares, as well as the extinguishment of all shelf preferred shares, thereby resulting in the extinguishment of the entire class of preferred stock;

(b) The concurrent issuance of 8.65 million fully vested warrants to Messrs. Robert Petty and Robin Smyth as part of restructured employment agreements, but unrelated to future employment;

(c) The execution of share purchase agreements with selling shareholders towards acquiring the remaining 49% of Sputnik Agency, ROO's profitable, interactive online advertising subsidiary, pursuant to the agreement in principle originally reached on March 16, 2008; and

(d) The corporate re-branding of ROO Group, including re-naming the Company to 'KIT Digital, Inc.'.

For the quarter ended December 31, 2007, revenue was $3.9 million, compared to $3.75 million in the prior year period.

The net loss for the quarter ended December 31, 2007 was $12.5 million, or $0.32 per basic and diluted share, compared to $5.0 million, or $0.23 per basic and diluted share, in the same period last year. The net loss for the quarter ended December 31, 2007 includes non-cash items totaling approximately $1.1 million in stock-based compensation and other compensation payments, compared to $860,000 in the same period last year, and $4.1 million relating primarily to the impairment of tangible and intangible assets. Excluding these non-cash items, net loss for the quarter was $7.3 million. The increase in net loss for the quarter is attributed to continued investments in building out our technology platform, the cost of running the RBS business unit, which was still in the research and development phase, as well as legal fees and costs associated with headcount reduction. Weighted average common shares outstanding for the three months ended December 31, 2007 was 38,953,109 compared to 21,920,172 for the same period in the prior year. The RBS business unit, which was researching peer-to-peer networking technology, was closed down in January 2008.

For the year ended December 31, 2007, revenue increased 43% to $13.9 million, compared to $9.8 million in 2006. This increase includes a 78% increase in revenue from the Online Digital Media segment to $9.5 million, compared to revenues of $5.4 million for the year ended December 31, 2006.

The net loss for the year ended December 31, 2007 was $34.6 million, or $0.99 per basic and diluted share, compared to $14.6 million, or $0.92 per basic and diluted share in 2006. The net loss includes non-cash items totaling approximately $4.7 million in stock-based compensation and other compensation payments, compared to $2.6 million in 2006, and $4.1 million relating primarily to the impairment of tangible and intangible assets. Excluding these non-cash items, net loss for the year was $25.8 million. The increase in net loss for the year is attributed to the cost of development of the VX Platform, the acquisition of strategic assets of Wurld Media and the cost of running the RBS business unit, as well as a ramp up of global operations and sales personnel. Weighted average common shares outstanding for the year ended December 31, 2007 was 34,869,325 compared to 15,901,049 for the same period in the prior year.

Kaleil Isaza Tuzman, chairman and chief executive officer of ROO, stated, "The financial results for the three months and year ended December 31, 2007, reported today, pre-date my joining ROO in January 2008. Since January, we have implemented several material cost-cutting initiatives and repositioned ROO to be more competitive, with a refocused strategic growth plan. This new strategy involves the integration of our interactive agency and video player capabilities, and an all-out commitment to profitability this fiscal year. Our focus during the first quarter of 2008 was on (a) maintaining revenues, (b) controlling and cutting costs and (c) simplifying our capital structure."

"Our focus in the second quarter of 2008 will be on building 'smart', gross contribution-positive revenue through client agreements and strategic acquisitions. While building the scale of our business will play an important role in our success, we are more focused on achieving profitability than on top-line growth — which we believe will ultimately provide a more stable foundation for long-term success."

Isaza Tuzman continued, "In the first quarter, we have cut our cash burn by roughly 45% through a mixture of operating discipline and slightly enhanced revenue levels — without losing a single client and while adding one of our largest clients to date, Italy's RCS Digital. We fully integrated our subsidiary Sputnik and finally managed to extinguish the onerous preferred share class without material dilution to common shareholders. We also rotated the Company more towards higher growth international markets, built a high- quality independent board of directors and filled out critical management positions — like president, chief operating officer, head of engineering, head of EMEA and head of Latin America. A very productive first quarter in my opinion."

Preferred Share Conversion and Class Extinguishment:

On March 30, 2008, ROO Group reached negotiated settlements with Robert Petty and Robin Smyth, restructuring their respective employment agreements, each of which involved one-time cash severance payments. In exchange for entering into new below-market, "at will" employment agreements, Messrs. Petty and Smyth will receive upfront cash settlements of $675,000 and $275,000 respectively, as well as an aggregate of 8.65 million fully vested warrants to purchase ROO common stock, at a strike price equal to $0.133 per share (representing the 3-day weighted average of closing price of ROO common stock prior to and including March 28, 2008). These warrants will become exercisable in 1/12 increments on a monthly basis starting six months from now. Mr. Smyth's restructured employment agreement involves certain cash and warrant-based incentives which can be earned-in over a period of 3 years based on ongoing service to the Company. As part of their respective settlements, Messrs. Petty and Smyth agreed to vote their preferred shares according to the Company's designation. Together with certain preferred shares beneficially voted by the Company on March 30, 2008, these preferred shares — which represented a voting majority of all aggregate share classes — voted for a statutory conversion of all outstanding preferred shares (10 million in total) into an aggregate of 400,000 common shares. The preferred shares also voted for the subsequent extinguishment of the entire class of preferred shares, such that no preferred shares may be issued by the Company in the future, and for the renaming of the Corporation to "KIT Digital, Inc." These decisions will be perfected twenty days after a definitive information statement has been sent to all of the Company's shareholders.

Following the conversion of the outstanding preferred shares into an aggregate of 400,000 common shares, ROO will have 39.34 million total shares outstanding, or a market capitalization of $5.1 million — based on the $0.13 closing price of ROO common shares on Friday, March 28, 2008. As of March 28, 2008, the Company had an approximate cash position of $5.3 million.

KIT Capital retains a right, pursuant to its Executive Management Agreement with the Company of December 18, 2007, to purchase $5 million of ROO common shares at $0.16 per share. KIT Capital has also agreed, subject to approval by an independent committee of the board of directors, to accept warrants to purchase 2.0 million shares of ROO common stock at a strike price equal to $0.13 per share in exchange for surrendering its right to purchase 51% of the outstanding preferred shares of the Company.

"ROO Group has long suffered from the overhang of a 'blank-check' preferred share class," commented Isaza Tuzman. "While management originally came forward with a plan to eliminate the preferred shares through a 1-to-3.2 conversion ratio into common shares, it became clear over the last several weeks that this plan was unacceptable to common shareholders. We see the net outcome of the settlements reached as being materially positive for common shareholders-involving less than one-third of the pro forma dilution as the previously proposed 1-to-3.2 conversion alternative. More importantly, with only one class of stock, all shareholders are now on a level playing field, and investors can value ROO transparently and on an apples-to-apples basis versus others companies in our sector-a comparison that we think will prove favorable. We appreciate the flexibility shown by Messrs. Petty and Smyth in arriving at this point."

Integration and Consolidation of Sputnik Agency:

On March 30, 2008, ROO executed various individual share purchase agreements with the shareholders of Sputnik Agency, in a process that once completed should provide the Company a 100% ownership position in the subsidiary entity. The all-in cash cost to ROO for the buy-in of Sputnik (including consummation of the Company's original 51% ownership) will be approximately $4.0 million, to be paid by April 30, 2008. Sputnik Agency reported 2007 revenues of $5.2 million and an operating profit of $371,000. As previously announced, ROO recently appointed Sputnik Agency's managing director, Gavin Campion, 35, as president. Campion is now responsible for all of ROO's global operations, client services and business development.

Mr. Campion commented, "The integration of Sputnik and ROO Media Services will strengthen our operations by bringing our online video enablement and interactive marketing solutions under one product offering. By offering a single source solution we will be able to better serve current and prospective clients. The Sputnik and ROO Media Services teams are in fact already operating as one, and we have begun to see the positive fruits of this decision. I bring the profit-focused outlook I have had in building Sputnik to the overall ROO Group."

Corporate rebranding efforts, including the new name, KIT Digital:

On March 30, 2008, the majority of the Company's aggregate shares voted to change the name of the Company to KIT Digital, Inc. The name change had been previously authorized by the Board of Directors. The Company will operate under the new name effective April 7, 2008. The Company will legally change the name of the Corporation forthwith, as a result of which the Company's ticker symbol on the Over the Counter Bulleting Board will also be changed. Until that time, the Company will continue to trade under the ticker symbol RGRP.

Mr. Isaza Tuzman commented, "The ROO name has served the Company over time, but the team felt that the integration of Sputnik and ROO Media Services represented a good time to introduce a fresh, new brand. The 'KIT Digital' brand underscores my commitment to our success, and reflects in part the changes made since KIT Capital's involvement in the Company several months ago.

Mr. Campion continued, "In the coming weeks we will officially launch our new corporate identity, including a new logo and website. This new brand most effectively conveys our revamped operations and our focus on a 360 degree online video monetization model for corporate clients. We will be unveiling our new branding at the MIPTV conference in Cannes, France on April 7th."

"We are off to a strong start in 2008 as it relates to executing our plan," concluded Isaza Tuzman. "We are gaining traction delivering our unique end-to-end IPTV enablement technology to international customers. This is buttressed by our recent exclusive technology agreements with Abacast, Pando Networks and Viewdle and our recently announced intent to acquire mobile TV company Kamera. However, this progress is perhaps best underscored by leading European media company RCS' decision to deploy ROO's online streaming video solutions on the web sites of two of Europe's largest newspapers, Corriere della Sera and La Gazetta dello Sport."

GENERAL ENVIRONMENTAL MANAGEMENT (OTCBB: GEVI)
"Up 51.91% on Monday"

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

General Environmental Management, Inc. operates as an integrated environmental service firm in the United States. It offers field services, technical services, transportation, recycle/reuse services, off-site treatment, on-site treatment services, government services, and environmental health and safety compliance services. The company also provides mobile wastewater treatment and vapor recovery services. In addition, it markets GEMWare, Internet-based integrated environmental management software. The company serves various customers, including utility, chemical, petroleum, petrochemical, pharmaceutical, transportation and industrial firms, educational institutions, and other environmental service companies, as well as government agencies. General Environmental Management, Inc. is based in Pomona, California.

GEVI News:

March 31 - General Environmental Management, Inc. Announces Fourth Quarter Fiscal and 2007 Year End Results

Record Fiscal Fourth Quarter Revenue, With Positive Adjusted EBITDA, Signals Financial Turning Point for the Company

Reports Total Annual Revenue of $30MM, Up 40% From 2006

General Environmental Management, Inc. (OTCBB: GEVI) ("GEM"), a leading environmental and waste remediation company, announced financial results for its fiscal fourth quarter and year ended December 2007 as set forth in the company's 10KSB Annual Report filed with the SEC March 28, 2008.

Tim Koziol, chairman and CEO of GEM, stated, "Our results for the fourth quarter of 2007 mark a key milestone for our Company as we achieved positive quarterly EBITDA for the first time in the company's history. These expected results for the fourth quarter have set a solid foundation for continued growth and financial stability in the current and future years."

He further stated, "The Company's success in the fourth quarter came as a result of an increase in our customer base, combined with effective implementation of systems and controls for efficient business management. Our efforts to diversify the company's customer mix have proven successful with an increase in our revenue combined with a lowering of customer acquisition costs. Our gain in gross profit can be attributed to the process improvement program implemented during the second half of the year."

Fiscal Fourth Quarter 2007 compared to the same quarter in 2006:

During the three months ended December 31, 2007, the company achieved positive adjusted EBITDA due to a broadened customer base, the enactment of cost cutting measures, and specific systems efficiencies implemented throughout the year that were realized in the fourth quarter.

Highlights:

1) Revenues for the fourth quarter of fiscal 2007 were $9.03 million, up 34% from $6.74 million for the fourth quarter of fiscal 2006.

2) Adjusted EBITDA (see description below) was $404,000 for the fourth quarter of 2007 compared to a loss of $1,660,000 for the same period in 2006.

3) Total operating expenses were $2.84 million for the quarter, compared to $3.05 million for the same quarter last year. This decrease on higher revenue reflects the effects of the expense reductions and systems efficiencies achieved by our operating units.

4) Gross profit improved 32% for the three months ended December 31, 2007 to 25.4%. This compares to a gross profit of 19.2% for the same quarter in 2006.

5) Revenues for the year ended December 31, 2007 were $30.45 million compared to $21.76 million for the same period last year for an increase of 40%.

"The company recognized an increase in demand for services from certain divisions we invested significant resources in throughout the year, such as mobile water treatment, vapor control services, and EnviroConstruction. We were able to effectively capitalize on these opportunities with these divisions by allocating our specialized resources and expertise to these projects," Koziol commented.

Outlook:

"We believe we will continue to identify additional financial efficiencies throughout the new fiscal year and expect to achieve our goal of positive EBITDA for the year ending 2008. There continues to be strong demand for a customer-oriented service provider in North America, particularly in the western United States. We intend to continue to extend our internal formula of strong operating efficiencies combined with a philosophy of exceeding customer expectations. Additionally, we will continue to build out and emphasize our fastest growing divisions. New customers of GEM will be able to simplify their hazardous waste endeavors with our diversified platform and regional partnerships," concluded Koziol.