ACTIONVIEW INTERNATIONAL INCORPORATED (OTCBB: AVWI)
"Up 233.33% on Tuesday"

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

ActionView International's operating subsidiary custom-designs, develops, and manufactures vividly illuminated motion billboards. ActionView places its signs into high traffic locations and markets advertising space on the signs. ActionView shares advertising revenue generated from the billboards with advertising agencies, the local business partner and the location owner. The benefit to advertisers is exposure in high traffic locations at reasonable costs due to the scrolling feature and multiple advertisers. For additional information about ActionView, visit www.actionviewinternational.com.

AVWI News:

May 12 - ActionView International, Inc. Announces Letter of Intent for Acquisition Transaction With Jim Palmer Trucking, Inc.

ActionView International, Inc. (OTCBB: AVWI) announced that the company has entered into an initial agreement in the form of a letter of intent for an acquisition transaction with Jim Palmer Trucking, Inc., a leading transportation company headquartered in Missoula, Montana. Jim Palmer Trucking was established in 1966 with one truck and has grown into one of the premier refrigerated carriers in the United States. Jim Palmer Trucking operates in 44 states and maintains a fleet of 350 trucks and 500 trailers.

Jim Palmer Trucking's top five customers by percentage of revenues include Anheuser Busch, the Kroger Co., Coors Brewing Company, C.H. Robinson Worldwide, and Tyson Foods. In addition to its headquarters in Missoula, Montana, Jim Palmer Trucking has terminals in Salina, Kansas and Denver, Colorado. Jim Palmer Trucking also has drop lots located in Fontana, California; Tampa, Florida; Portland, Oregon; Wenatchee, Washington; and Chicago, Illinois.

The initial agreement in the form of a letter of intent provides the framework for a subsequent definitive agreement under which ActionView International would acquire all of the issued and outstanding shares of Jim Palmer Trucking, Inc. in exchange for a majority percentage of ActionView International. The details of the proposed share exchange will be included in the definitive agreement.

The letter of intent outlines additional due diligence, audit work and other terms that must be fulfilled to proceed to definitive agreement and to subsequently effect a close of the transaction.

The post merger plan for Jim Palmer Trucking includes a potential acquisition strategy, the addition of new members to the management team, and the development of additional business lines within the trucking industry while maintaining and growing existing accounts in its core business.

"Jim Palmer Trucking is a mature company with substantial revenues and a solid strategy for additional future growth, and we are extremely pleased to have reached an initial agreement for an acquisition transaction," stated Steven R. Peacock, president/chief executive officer of ActionView International. "We look forward to the completion of the ongoing due diligence and moving to a definitive agreement with Jim Palmer Trucking once the terms of the letter of intent have been met."

IOMAI CORPORATION (NASD: IOMI)
"Up 117.12% on Tuesday"

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

Iomai Corporation, a biopharmaceutical company, engages in the discovery, development, and commercialization of vaccines and immune system stimulants delivered to the skin through a needle-free technology called transcutaneous immunization or TCI. The TCI technology is designed to trigger an immune response by targeting Langerhans cells. The company's products under development include IS patch for pandemic flu program, a Phase I clinical trial IS patch that, when used in conjunction with an injectable flu vaccine, is designed to stimulate an immune response, as well as that allows public health officials to extend vaccine supply in the event of an influenza pandemic; and IS patch for elderly receiving flu vaccines, a Phase II clinical trial IS patch to improve the immune response of the elderly to existing injectable influenza vaccines. The company also develops a needle-free flu vaccine patch, a Phase I clinical trial product candidate, which combines flu antigens with an adjuvant in a single patch; a needle-free pandemic flu vaccine patch, a product candidate under preclinical development, which combines pandemic flu antigen with an adjuvant in a single patch to solve issues regarding mass vaccination in the event of an outbreak of pandemic flu; and a needle-free travelers' diarrhea vaccine patch, a Phase II clinical trial product candidate, which is designed to induce a immune response that diminished the severity and delayed the onset of the common form of travelers' diarrhea. The company was incorporated in 1997 and is based in Gaithersburg, Maryland.

IOMI News:

May 12 - Intercell AG to Acquire Iomai Corporation to Expand Late Stage Product Pipeline and Strengthen Leadership in Vaccine Innovation

Intercell AG (VSE: ICLL) and Iomai Corporation (NASD: IOMI) announced that they have entered into a definitive agreement pursuant to which Intercell will acquire Iomai for USD 6.60 per share representing a fully diluted equity value of approximately USD 189 million (EUR 122 million). The transaction has been unanimously approved by the Boards of Directors of both companies and is subject to customary closing conditions including antitrust clearances, clearance by the Committee on Foreign Investment in the United States and the approval of the holders of a majority of Iomai's shares. Shareholders holding over 50 percent of Iomai's total shares outstanding have entered into agreements to vote in favour of the combination.

Intercell will gain full rights to Iomai's late stage Travelers' Diarrhea vaccine which is based on Iomai's proprietary needle-free patch delivery vaccine technology and has shown positive interim Phase II efficacy data. The Travelers' Diarrhea vaccine is expected to enter pivotal Phase III trials in the first half of 2009. If approved, the medical use of Iomai's Travelers' Diarrhea vaccine will be highly complementary with Intercell's Japanese Encephalitis vaccine for which a Biologics License Application was successfully submitted to the US Food and Drug Administration in December 2007, and for which Intercell expects market approvals in the US, Europe and Australia in 2008. Together, both vaccines create an extremely attractive Traveler's Vaccine franchise which will target a combined market opportunity of over USD 1 billion in sales per year.

Commenting on the transaction, Gerd Zettlmeissl, CEO of Intercell, said: "This transaction further expands our leadership in vaccine innovation, greatly enhances Intercell's R&D technology base and further strengthens our late stage vaccine portfolio. Building on our proven experience in industrialization and in moving novel products to the market, Intercell is fully committed to becoming the leading pure play vaccine company globally. We look forward to welcoming Iomai's employees to Intercell and are excited by the potential of the combined group to create significant value for all stakeholders."

Stanley C. Erck, President and CEO of Iomai, said: "We have built a dynamic and scientifically driven organisation. This strategic combination with Intercell will create a stronger, more diversified vaccine company and will accelerate the development of Iomai's vaccine programs and fully leverage our innovative TCI technology. We believe this transaction is in the best interest of all parties, including shareholders, employees and ultimately patients."

Intercell will also gain full rights to two additional clinical and three preclinical programs under development, the most advanced being an immunostimulant vaccine patch in Phase II for pandemic influenza. This patch is designed to enhance the immune response compared to injected pandemic influenza vaccines. If successful, it would have the effect of expanding limited vaccine supplies by allowing public health officials to use fewer or lower doses of the vaccine. The vaccine patch has recently generated positive interim immunogenicity data in a 500-subject Phase I/II study with a one-dose application. The program is funded by a grant from the United States Department of Health and Human Services.

Iomai's pioneering work in transcutaneous immunization (TCI) technology has led to the development of a simple and promising needle-free vaccine patch. This highly innovative vaccine delivery system provides a potential future alternative to current injected vaccines. TCI technology has the potential to enhance the efficacy of existing vaccines, replace current vaccines that have a cumbersome mode of administration and enable the development of new vaccines that are not viable to be delivered via an injection.

Iomai's TCI technology strengthens Intercell's position as an innovative vaccine company and is highly complementary with its proprietary antigen identification and adjuvant vaccine technology platforms (AIP® and IC31®). TCI adds an important third arm to Intercell's leading vaccine technologies, specifically a delivery platform for antigens and adjuvants that can facilitate the development of a broad range of in-house and partnered vaccine products. Both companies have already partnered technologies with Merck & Co., Inc., the most recent one being Iomai's agreement to conduct proof-of-principle preclinical studies evaluating the use of its needle-free immunostimulant patch. Intercell plans to further leverage the TCI technology by applying it to other vaccines in its development pipeline, such as its Pneumococcus vaccine candidate.

Furthermore, Iomai's vaccine patch has the potential to provide cheaper and more effective medication to those living in endemic areas, in particular high risk groups such as children and the elderly located in developing countries in Africa, Asia and Latin America.

Transaction Terms:

Under the terms of the merger agreement, Intercell will acquire Iomai for USD 6.60 per share of Iomai's common stock representing a fully diluted equity value of Iomai of approximately USD 189 million (EUR 122 million). The consideration will be paid in cash and stock. Iomai's public shareholders, representing approximately 59 percent of Iomai's outstanding common stock will receive cash. Certain of Iomai's largest shareholders, together representing approximately 41 percent of Iomai's outstanding common stock, have agreed to exchange their shares for Intercell stock at an exchange ratio corresponding to a value of USD 6.60 per share of Iomai common stock upon closing.

The combination is structured as a share exchange together with a merger of Iomai and a US subsidiary of Intercell. Certain of Iomai's largest shareholders (and their affiliates), which together represent over 50 percent of Iomai's outstanding common stock, have agreed pursuant to a voting agreement with Intercell that they will vote their shares in favour of the merger.

The transaction has been unanimously approved by the Boards of Directors of both companies and is subject to customary closing conditions, including the approval of the merger by a majority of shareholders of Iomai at a special shareholder meeting to be held as soon as practical, receipt of antitrust clearances and clearance by the Committee on Foreign Investment in the United States. Intercell and Iomai expect the transaction to close before the end of the third quarter of 2008.

Based on Intercell's closing share price as of 9 May 2008, Intercell would issue approximately 1.7 million Intercell shares from authorized capital as consideration, the final number of Intercell shares to be determined shortly before the closing of the transaction. Intercell will fund the cash component of the transaction from existing cash reserves and expects to maintain profitability in 2008.

Merrill Lynch International acted as exclusive financial adviser to Intercell and Cowen and Company provided a financial fairness opinion to Iomai's Board of Directors.

PILGRIM PETROLEUM CORPORATION (OTC: PGPM)
"Up 14.29% on Tuesday"

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

Pilgrim Petroleum Corporation is a publicly traded company headquartered in Dallas, Texas. The company is acquiring oil and gas leases, producing properties, mineral rights and surface interest's primary on marginal fields. Once acquired, the company intends to develop each property to maximize the income from each by refurbishing and improving the existing production.

PGPM News:

May 12 - Pilgrim Petroleum Announces Projected EPS for 2008

Pilgrim Petroleum Corporation (OTC: PGPM) (Frankfurt: PHV.F) announced the company's year 2008 projected EPS (Net Earnings / Outstanding Shares) $50,000,000/844,236,923 of 0.06. Based on this EPS multiplied by a sustainable growth rate of 25% and multiplied by the average industry P/E ratio of 20.96 (Reuters), Pilgrim's intrinsic value or estimated stock value should be $0.3103.

Pilgrim Petroleum's prime properties are mainly located in the North West Texas, owning approximately 12,000 acre properties, which hosts resources with a best estimate P50 (*) of 4 millions of barrels of oil equivalent, definitions according to "Petroleum Classification and Definitions" (2000) published in draft by the Society of Petroleum Engineers (SPE) and World Petroleum Congress. The already on-going next phase is to strategize with its Partners and alliances for new drilling activities in its leasehold position for further categorization of reserves, including development and production status (proved, probable and possible).

Pilgrim Petroleum management is currently focused on developing multiple horizons with hydrocarbon potential and is proud to communicate that the company's combined assets are now producing in an upward trend and new acquisitions for further hydrocarbon development under consideration.

Rafael Pinedo, President of Pilgrim Petroleum Corporation, commented, "Triple digit oil prices and current market conditions make new ventures an open opportunity to develop our assets with great levels of profitability. Management is implementing streamlining operations activities as well as targeting new acquisitions and joint ventures.”

MOBICLEAR INCORPORATED (OTCBB: MBIR)
"Up 38.46% on Tuesday"

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

MobiClear, Inc. offers electronic personal identification verification solutions in connection with credit/debit card transactions. It primarily offers the multi-gateway solution that provides proactive security in various forms of electronic business environments, including Internet shopping, business-to-business procurement transactions, and retail shopping with credit/debit cards. MobiClear's technology provides that every purchase made with a credit card, either in a store or on-line automatically initiates a call to the user's personal mobile phone and the transaction is confirmed by the legitimate user by entering a unique MobiClear PIN code matched in MobiClear's secure database with the phone number and other parameters. Its customers primarily include Web shop operators, e-commerce sites, credit card issuers, and banks. The company was founded in 2005 and is based in Dove Canyon, California.

MBIR News:

May 13 - MobiClear, Inc., Hires Former U.S. Government Security Personnel to Fill Top Executive Positions

* Appoints Retired FBI Agent Stephen P. Cutler as New Chief Executive Officer
* Retired USMC Lt. Colonel Edward C. Pooley, JD, to Serve as Chief Operating Officer

MobiClear, Inc. (OTCBB: MBIR) (Deutsche Borse: B3CA) (www.mobiclear.com) has appointed Stephen P. Cutler as the company’s new chief executive officer. Contemporaneously, Lt. Colonel Edward C. Pooley, JD (USMC, Ret), has been given the role of chief operating officer.

“The Board is very pleased to welcome Mr. Cutler and Colonel Pooley to the company,” said Lim Wong, chairman of MobiClear, Inc.’s Board of Directors. “Mr. Cutler brings a strong background in e-commerce, and state of the art expertise in security issues to MobiClear. Colonel Pooley’s brings a distinguished career in the U.S. Marine Corps exemplified in his strong leadership abilities and complemented by his successful efforts in corporate business. The Board feels their collective business acumen will position us well for future growth and our continued work in the field.”

ABOUT STEPHEN P. CUTLER

Mr. Cutler has a solid background in e-commerce and cyber business, as well as security and international relations. He recently retired from a long and illustrious career with the U.S. Federal Bureau of Investigation (“FBI”) during which he was instrumental in the development of innovative international collaborative efforts in cyber investigations, as well as security, money laundering, and similar issues.

ABOUT LTC EDWARD C. POOLEY (USMC, RET.)

Edward C. Pooley is a retired United States Marine Corps Lt. Colonel, a former member of the Michigan State Bar, as well as the US Federal Bar Association. He has successfully operated several companies in very competitive business environments on the international level. Due to his efforts, he has successfully improved the operating environments within these companies and successfully improved overall business efficiency, effectiveness, and profits.

SOLOMON TECHNOLOGIES (OTCBB: SOLM)
"Up 32.26% on Tuesday"

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

Solomon Technologies, Inc., together with its subsidiaries, engages in the development, engineering, manufacture, licensing, and sale of electric power drive systems; and the design, development, and production of customer power systems, chassis, and power supply products. It has two divisions, Power Electronics and Motive Power. The Power Electronics Division manufactures products that convert raw electrical power from sources, such as central utility, backup power, and distributed or renewable generation into electricity required by electronic and electrical equipment. This division offers a high voltage/high power line of embedded power conversion products under the brand name Cobalt15, including DC-DC converters; and low voltage products, such as AC-DC and DC-DC converters in both switching and linear configurations. It also offers a range of switching and linear power supplies, including power factor corrected, hot-swappable, and redundant units; legacy power supplies; and single unit and multiple unit size switchers, as well as custom made switchers. This division markets its products to the defense, aerospace, telecommunications, computers, networking, industrial, and medical instrumentation sectors through in-house direct sales resources and a network of manufacturer's representatives. The Motive Power Division engages in the development, engineering, manufacture, license, and sale of electric power drive systems. This division offers electric power drive systems, electric motors, and safety power management distribution device. Its markets include recreational marine industry for original equipment manufacturer and retrofit applications, and the commercial marine industry, including lifeboats, fishing boats, motor launches, and small military water craft projects. Solomon Technologies was founded in 1992 and is based in Danbury, Connecticut.

SOLM News:

May 12 - Solomon Announces Patent Case Decision

Solomon Technologies, Inc. (OTCBB: SOLM) announced that the Court of Appeals for the Federal Circuit in Washington, DC generally affirmed the previously announced decision in the case of Solomon Technologies versus the Toyota Motor Corporation, and certain of its affiliates. The decision was rendered by a three judge panel of the full court.

Peter W. DeVecchis, President of Solomon commented, "Although we are disappointed in the Court's conclusion we will review it in detail. We have made no determination as to further steps we might take in this case. We remain as determined as ever to defend our intellectual property fully and completely."

Mr. DeVecchis continued, "While a favorable decision in this matter would have certainly been welcome, our underlying business is solid, our acquisition strategy is working and we expect to continue implementation of our plan during 2008. Although there has been considerable interest in this case over the last two years, it has never been, and is not now, an element of our operating plans or growth strategy. We are continuing to look at new opportunities for our intellectual property, are actively pursuing accretive acquisition targets and generating positive and growing operating results in our Power Electronics division. As we continue to execute on our operating plan, we believe now, more than ever, that the alternative and renewable energy segments offer substantial opportunities for our existing products and new products that we have in the pipeline."

As previously announced, Solomon brought suit against Toyota Motor Corporation, Toyota Motor Sales U.S.A. Inc. and Toyota Motor Manufacturing North America in the United States District Court for the Middle District of Florida, Tampa Division, on September 12, 2005, claiming infringement of Solomon's U.S. Patent Number 5,067,932, primarily relating to Toyota's use of the Hybrid Synergy Drive technology in its Prius and Highlander Hybrid vehicles. On January 11, 2006, Solomon filed an additional complaint against Toyota with the ITC seeking to exclude importation of the infringing technology. The action against Toyota and its affiliates in the United States District Court for the Middle District of Florida, Tampa Division, has been stayed pending resolution of the ITC action.

SINO FIBRE COMMUNICATIONS (OTCBB: SFBE)
"Up 28.00% on Tuesday"

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

Sino Fibre Communications, Inc. operates as a broadband carrier to provide services to the wholesale carrier and service provider segments of the broadband market in the People's Republic of China. The company markets and sells fiber optic backbone services of Sino-Con Telecomm Group., Ltd. (Sino-Con) to foreign telecommunications carriers and corporate users. Sino-Con's fiber optic backbone provides a fiber optic network within China that allows for long distance and local telephone services, Internet services, television services, and wireless LAN services. The company was founded in 1999. It was formerly known as Pacific Rim Solutions, Inc. and changed its name to Sino Fibre Communications, Inc. in 2006. Sino Fibre Communications is based in New York, New York.

SFBE News:

May 12 - Sino Fibre Signs Memorandum of Understanding With Singapore Barter Xchange

Sino Fibre Communications, Inc. (OTCBB: SFBE), a broadband and value-added Internet services provider in China, announced that it has entered into a memorandum of understanding (“MOU”) with BarterXchange (S) Pte Ltd. (“Singapore Barter Xchange”) to sell a 15% stake in Sino Fibre's joint venture (“JV”), China Business Online Company Limited, to Singapore Barter Xchange for US$6 million. This values the JV at US$40 million of which Sino Fibre will retain a 70% stake. Sino Fibre's JV is with the China Association of Small and Medium Enterprises (“CASME”), which will explore the Chinese market and introduce e-business and provide barter trade services to Chinese small and medium sized enterprises. CASME holds the remaining 15% of the JV. The proposed sale is subject to board approval, satisfactory due diligence, approvals from all necessary regulatory authorities and a definitive agreement. CASME is administered by the Chinese National Development and Reform Commission to provide business development assistance to Chinese medium and small enterprises in China and aboard. CASME operates across China with branch offices in cities and provinces throughout the country. CASME currently has 4.5 million medium and small business members in China, and continues to grow at a rapid pace. View more at www.ca-sme.org.

Sino Fibre and CASME have agreed to work together to take advantage of advanced international management practices to provide barter trade services for Chinese small and medium sized enterprises. Sino Fibre and CASME have jointly established China Business Online Company Limited in China, which will be wholly funded by Sino Fibre. CASME will provide the CASME brand, government and member resources to develop the business of the JV.

Daniel Mckinney, Chief Executive Officer of Sino Fibre, commented on this new business development with the Singapore Barter Xchange, “The JV will integrate the Singapore Barter Xchange's proven e-commerce software platform in English and Chinese for all CASME members to conduct their e-commerce and e-barter trading under one state-of-the-art, secured, robust network infrastructure. The JV will have two significant streams of income; firstly, through annual fees and secondly through a 5% transaction fee on all barter transactions. These transactions will at the same time create increased demand for Internet online traffic riding on our fiber optic telecommunication network, which will create a recurring revenue stream for Sino Fibre.”

ABOUT SINGAPORE BARTER XCHANGE

BarterXchange (S) Pte Ltd, is the premier barter trade exchange center in Singapore. It offers a neutral platform for traders to trade with one another through traditional means as well as through the latest innovation in internet technology. It is basically an association of business operators and professionals who have joined together to trade their products and services. For more information about Singapore Barter Exchange, visit www.barterxchange.com.