INTERNATIONAL AEROSPACE ENTERPRISES (OTCBB: IARO)
"Up 788.00% on Tuesday"

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

International Aerospace Enterprises, Inc. is an innovative and aggressive provider of discounted military aircraft spare parts for U.S. Ally partners throughout the world. The company offers inexpensive and shipment ready aircraft spare parts for both military and commercial aircraft users that meet all industry standards for quality manufacturing.

IARO News:

June 30 - International Aerospace Notified of $750,000.00 USD Bid Award

International Aerospace Enterprises, Inc. (OTCBB: IARO) announced that the company has been awarded a $750,000.00 USD bid award for military aircraft spare parts by the Egyptian Air Force. The award is immediate evidence that the company’s International Targeted Sales Strategy is right on target as reported in the June 18, 2009 news release titled “International Aerospace Enterprises Inc. Launches Targeted Worldwide Sales Program.” Mr. John Peck, IARO’s CEO, reported, “The initial sales to the Egyptian Air Force is the first of over $13 million USD in our international sales pipeline.”

He voiced some concern that, “IARO’s management team feels that the current and future value of the company is not reflected in the company’s current share price but is reflective of the decisions made by the shell’s previous management.” He continued by stating that he is, “confident that the Company’s international sales performance and future earnings will better reflect the real value of International Aerospace Enterprises, Inc. for both our company and our shareholders.”

Mr. Peck further stated, “I have some additional exciting news to report to our Shareholders. As of July 1, 2009, Mr. Saffet Uslu, our current exclusive International Sales representative, has accepted the position of President of IARO.”

Mr. Uslu has a Bachelor of Science and his Master’s degree in Mechanical Engineering from University of Southern California. He has obtained his dual citizenship in both the United States of America and the Republic of Turkey. His 14 years of experience in international military aircraft spare parts sales and his dual citizenship, with one of the United State’s key Allies in the Middle East, makes him an exceptional addition to IARO’s Management Team.”

Mr. Uslu stated, “I am both excited and proud to have been asked to join IARO’s Management team. To have an opportunity to be involved with an exciting company like IARO, at its foundational level, happens only once in a life time. I am dedicated and confident that IARO will produce exceptional shareholder value for in its stockholders in both the short-term and long-term through performance. I am prepared to work hard with our management team and for our shareholders.”

BONANZA OIL & GAS INCORPORATED (OTCBB: BGOI)
"Up 200.00% on Tuesday"

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

Based in Houston, TX, Bonanza Oil and Gas, Inc. holds assets ranging from current producing properties, wholly owned prospects, to developing working interests in Proven Undeveloped (PUDS) properties.

BGOI News:

June 30 - Bonanza Oil & Gas Announces Updates on Apclark Project

Bonanza Oil and Gas, Inc. (OTCBB: BGOI), an independent oil and gas company, provided an update on its Apclark project located in Borden County, TX.

Westerly Exploration, operator for the Apclark Field, moved on location June 12, 2008 for the Jackson #1. The well was prepared for a re-stimulation of producing zones identified during previous drilling. These zones were determined to have additional possible oil and gas production that had not been stimulated for production.

The Jackson well re-stimulation program has been completed and the well is being put back online for production. Results of the re-stimulation program appear very successful and have increased the production on the well by approximately 100 barrels per day.

With the work completed on Apclark’s Jackson Well #1, Bonanza Oil & Gas, Inc. continues to execute their business plan of development and acquisition. More so now than in recent years Bonanza’s Management believes that acquiring producing properties and further developing their working interests on existing leases is the right model at the right time. The commodity price for oil and natural gas appears to have rebounded, while new properties continue to be available at reasonable prices. Access to new properties is accomplished through Management’s experience and contacts bringing a supply of prospects, which allows Bonanza the opportunity to effectively evaluate numerous potential acquisitions. It’s business as usual, with hard work and taking advantage of the opportunities available. We’re excited about the future of Bonanza Oil & Gas, and we look forward to continuing the development program for our current assets and executing our acquisition program for new prospects.

HALIFAX CORPORATION OF VIRGINIA (AMEX: HX)
"Up 159.72% on Tuesday"

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

Founded in 1967, Halifax Corporation of Virginia is an enterprise logistics and maintenance solutions company providing a wide range of technology services to commercial and government customers throughout the United States. The Company's principal products are enterprise logistics solutions and high availability hardware maintenance services.

HX News:

June 30 - Halifax Announces Fiscal 2009 Financial Results

Net Income of $903,000 and Earnings Per Share of $0.28

Halifax Corporation of Virginia (NYSE Amex: HX) announced its financial results for the quarter and fiscal year ended March 31, 2009.

Revenues for of fiscal year 2009 were $34.0 million compared to $43.9 million for the prior year. The decrease in revenues in 2009 was attributable to the termination of certain large nation-wide enterprise maintenance contracts, including the loss of a large aeronautic manufacturing customer at the end of fiscal year 2008.

The Company reported operating income of $1.3 million compare to an operating loss of $1.8 million for the prior fiscal year. The improvement in operating results was primarily due to the lowering of our operating costs which offset our reductions in revenue, and improvement in the mix of our business to more profitable contracts.

The Company reported net income of $903,000, or $.28 per basic and diluted share.

Charles McNew, President and Chief Executive Officer, stated, "It's a pleasure to be discussing profitable results on a full year basis. We are successfully executing a difficult transformation in an extremely challenging economic environment."

"Financial performance has improved on virtually every front, under performing contracts have been eliminated, margins are improving, working capital is growing and bank debt continues to decline."

For the quarter ended March 31, 2009 revenues were $8.0 million compared to $9.0 million for the same period last year. The Company had operating income of $268,000 compared to an operating loss of $887,000 for the same period last year. The Company reported net income of $241,000, or $.08, per basic and diluted share for the three months ended March 31, 2009, compared to a net loss of $955,000 or $(.30) per basic and diluted share for the quarter ended March 31, 2008.

McNew added, "We have every reason to believe that our return to profitability is sustainable going forward and as noted in a recent announcement, our supply chain services program (Enterprise Logistics Solutions) is being well received by the business process outsourcing community on both a domestic and international basis and is affording us a variety of higher margin growth opportunities. Our legacy maintenance business has its challenges but given the current state of our sales pipeline it appears to be on track for an acceptable performance in the coming year."

FRANKLIN WIRELESS CORPORATION (OTCBB: FKWL)
"Up 112.12% on Tuesday"

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

Franklin Wireless Corp. designs and sells wireless broadband high speed data communication products. It offers wireless broadband modules and modems. The company's mobile broadband and data products include wireless USB modems, embedded modules, and stand-alone mobile broadband modems. Its products are used, with broadband high speed data service, to access wireless data communications networks using laptops, handheld, and desktop computers. The company's products also enable its customers to send and receive email with large file attachments and play interactive games, as well as receive, send, and download high resolution picture, video, and music contents. Franklin Wireless markets its products through original equipment manufacturers and distributors, as well as directly to operators and end users. The company serves customers located in the United States, Caribbean, South America, and Africa. Franklin Wireless was founded in 2001 and is headquartered in San Diego, California.

FKWL News:

June 5 - Franklin Wireless Reports Quarterly Earnings

Franklin Wireless Corp. (OTCBB: FKWL) reported its earnings for the three months ended March 31, 2009. Visit http://finance.yahoo.com/q/is?s=fkwl.ob for more information.

SYMPOWERCO CORPORATION (OTC: SYMW)
"Up 33.33% on Tuesday"

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

SymPowerco Corporation develops advanced fuel cell and power delivery systems for the rapidly growing personal transportation and portable power system markets being created by today's energy and environmental challenges.

SYMW News:

June 30 - SymPowerco Signs LOI to Acquire Majority Stake in Highline Hydrogen Hybrids

SymPowerco Corporation (OTC: SYMW) CEO John Davenport announced that the company has signed a Letter of Intent ("LOI") with Texas businessman Steven Humphries for the acquisition of a majority interest in Highline Hydrogen Hybrids, Inc. ("HHHI"), the manufacturer of a unique and proven hydrogen conversion system for gasoline and diesel-powered vehicles.

In April of 2009, Humphries entered an agreement to purchase 70% of HHHI. Under the terms anticipated by today's Letter of Intent, Mr. Humphries will assign his HHHI interest to SymPowerco.

HHHI's unique supplemental hydrogen fuel system, in addition to reducing dangerous emissions, has been shown to enhance the fuel efficiency of internal combustion engines by as much as 25% and to increase horsepower by an average of 10%. HHHI also plans to release a commercial version of its supplemental fuel system for use on Over-The-Road commercial vehicles.

HHHI's unique hydrogen converter has undergone rigorous testing and has a patent pending. The company is currently relocating from Northwest Arkansas to a 380,000 square foot building on 30 acres in Dumas, Arkansas. HHHI officials project gross sales of their products to reach nearly $3,400,000.00 over the next 18 months.

Stated SymPowerco CEO John N. Davenport, "We at SymPowerco are very excited about the potential HHHI revenue streams and the synergies that HHHI's efficiency enhancing products could bring to our company. We believe that HHHI's products would complement our Flowing Electrolyte Direct Methanol Fuel Cell technologies by allowing SymPowerco to not only replace the internal combustion engine with the fuel cell in many applications but to also offer products to help reduce the environmental and energy-related impacts of the remaining fleet of vehicles powered by internal combustion engines."

SymPowerco Corporation develops advanced fuel cell and power delivery systems for the rapidly growing personal transportation and portable power system markets being created by today's energy and environmental challenges.

ARTFEST INTERNATIONAL INCORPORATED (OTCBB: ARTI)
"Up 79.31% on Tuesday"

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

Artfest International, Inc. is a publicly traded company that brings together artists, investors, decorators, designers, private collectors and art galleries. Artfest International's corporate site is www.artfestinternational.com. Artfest's subsidiaries are Art Channel, Inc. (www.artchannel.tv) and Art Channel Galleries, Inc. (www.ArtChannelGalleries.com), offering the most exciting product and rewards program in the history of direct sales marketing.

ARTI News:

June 24 - Artfest International, Inc. Establishing Worldwide 'Gold Standard' for Art and Collectibles Industry Through RFID Technology as Stated During Nationwide Teleconference

Company Looking to Complete Charity Sports Distribution Agreement Within the Next Week

Artfest International, Inc. (OTCBB: ARTI) announced that the Company is in the process of establishing the worldwide "gold" standard for how art and collectibles are marketed, tracked, and valued through its RFID technology. During the Company's nationwide teleconference yesterday, Edward Vakser, CEO of Artfest International, was able to update the financial community about Artfest International's RFID software functionality and applications within the art and collectibles sector, the $5 Million Equity Line of Credit that the Company recently finalized with Delaney Capital, as well as the status of its acquisition of Charity Sports Distribution, Inc. and what impact the acquisition will have on the Company. Ms. Angie Tassan, Chief Marketing Officer of Artfest International, Inc. discussed the Company's new Expo Center that recently opened in Dallas, Texas, the artists that are under the Artfest "umbrella," and how through www.artchannelgalleries.com, anyone can own their own fine art gallery.

Mr. Vakser explained how Artfest's business model based around its RFID technology and software package keeps all players in the art and collectibles industry "honest." During the call, Mr. Vakser gave the example that if a consumer bought a limited edition collectible embedded with Artfest's RFID technology, then the consumer would be able to connect to a data base that shows them all the parameters of that particular collectible, where it was purchased, when it was purchased, for what amount it was purchased, what number of the limited edition they purchased, etc. Artists or athletes are able to see how many pieces or items were produced and/or sold. The information on the RFID chip can be read either through an iPhone, PDA, and/or with Artfest's reader package. "Artfest is also addressing the issue of forgeries and fraud in the art and collectible sector by offering an insurance based policy with every piece bought or sold through Artfest. If the owner of the piece maintains the policy, this will help maintain the true value as well as the overall 'provenance' of the piece. There is no other entity in our industry trying to achieve the standard we have established," stated Mr. Vakser.

Mr. Vakser also mentioned during the nationwide teleconference that Arftest International has completed a $5 Million Dollar equity line of credit with Delaney Capital, LLC. The Company plans to utilize the funds to complete various mergers and acquisitions. He stated that Artfest is looking to acquire collectible and framing companies, as well as securing the rights to artists and purchasing art galleries. Mr. Vakser expects that the acquisition of Charity Sports Distribution will be completed within a week now that the equity line of credit has been finalized. Mr. Vakser stated that the acquisition of Charity Sports Distribution would significantly increase the Company's revenues through Charity Sports Distribution's agreements with the Dallas Cowboys, Texas Rangers, the Dallas Stars, the Dallas Mavericks, as well as 27 College Teams.

Angie Tassan, the Chief Marketing Officer of Artfest International, explained that once the acquisition of Charity Sports Distribution is completed then Artfest would also be the official high end sports memorabilia dealer of the Dallas Cowboys. She also discussed the grand opening of the Company's 52,000 square foot Expo Center in Dallas. "We have hosted several events in the month of June at the Expo Center including the launch today of the Global Peace Project. This is a project that is in conjunction with one of our artists, D. Arthur Wilson and his character Rhupert," stated Ms. Tassan. She also explained that Artfest International currently has several artists under its "umbrella" including the Russian artist Kazanin, Randy Jacobs, and Lisa Wilson.

Ms. Tassan also discussed how anyone around the world could own their own fine art gallery online through www.artchannelgalleries.com. She explained how each member could customize their own online gallery, and that Artfest had the most advantageous rewards program. "Through technology, Artfest is able to promote and market art to the masses, track art, as well as insure art," stated Angie Tassan.

"We are looking to grow our revenue significantly in the near future through avenues such as expanding our wholly owned subsidiary, Art Channel Television, and opening new Expo Centers around the country," stated Mr. Vakser.