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FridayJun 01, 2007 4:04 pm

Early Gainers with Big News

Every public company loves to put out good news and see the reflection in its stock price. The following four companies released positive news of some kind either this morning or late yesterday and have seen their stock prices soar so far today.Just after the market's open, shares of RussOil Corp. (OTCBB: RUSO) rose nearly 59 percent, 59 cents, to $1.60. The jump comes after the company's announcement yesterday of the completion of a purchase agreement with oil and gas company OSJC Smolenergy. Per the agreement, RussOil will acquire 100 percent of Smolenergy in consideration of 11 million shares of…

FridayJun 01, 2007 4:04 pm

HOP-ON’s (HPNN.PK) Skye-Phone Awarded Regional Approval

June 01, 2007 -- HOP-ON, INC. (PINKSHEETS: HPNN) announced today the first carrier deployment of its Skye-phone™ product to Dubai's national telephone carrier Etisalat. The distribution approval, received last Monday, completes the first phase of Skye-phones' Global Peer Program (GPP).Speaking at an Industry event in Internet city (IC), Dubai Mr. Mohamed Salem, chief manager of new product development, stated, "The Skye-phone service will enable Etisalat to exploit a previously underserved and untapped market in the region. The first deployment of service is expected in 3Q of this year in Dubai." Skye-phone's unlimited market potential stems from integrated "peer-to-peer" VOIP and…

FridayJun 01, 2007 4:04 pm

ODYSSEY MARINE (AMEX: OMR) CLAIMS SPANISH LAWSUIT FALSE

Famed salvage and recovery firm Odyssey Marine Exploration (AMEX: OMR) sent out a release today stating that the recent claims that the Kingdom of Spain had filed a lawsuit against Odyssey were false.According to the press release, Odyssey's legal counsel talked to Jim Goold - "the lawyer apparently representing Spain," the release states - yesterday in response to circulating rumors that the Spanish government had followed through on its threat to lay claim to the find. "Any media reports suggesting that a lawsuit was filed are erroneous," the release stated. The release also states that the only document filed is…

FridayJun 01, 2007 2:51 pm

Novori, Inc. (NOVO.OB) Share Prices Rise 8.84% on Abnormally High Volume

Novori’s unique approach to selling jewelry on-line is getting the attention of investors as it experiences a high day of volume totaling over 459,000 shares. Both studies and transaction volume growth have shown that consumers are becoming more and more comfortable purchasing diamonds online. Selection is nearly unlimited from the website’s array of over 35,000 loose diamonds matched to over 500 styles of settings. Let us hear your thoughts below:

FridayJun 01, 2007 12:36 pm

Shares of Sub Surface Waste Management (SSWM.OB) are Up 5.56 % Friday Afternoon, as Company Adds Board Members to its Mexican Subsidiary

Environmental Tec International, S.A. de C.V. (ETI), a wholly owned subsidiary of Sub Surface Sub Surface Waste Management of Delaware, Inc. (SSWM.OB) reported plans to increase the Board of Directors from three to five and add new directors with financial and business development experience in Mexico to meet future growth plans. The new board members will be tasked to oversee the execution of current business and the development of new commercial and governmental business opportunities with additional resident new management as needed. ETI has invited and nominated two additional candidates who include: Fernando Serrano, Managing Principal of Perla Capital Group, LLC. Fernando…

FridayJun 01, 2007 11:35 am

Subsidiary of Sub Surface Waste Management (SSWM.OB) Plans to Add Experienced Board Members

Environmental Tec International, S.A. de C.V. (ETI) announced plans to add two new directors with experience in financial and business development in order to meet future growth plans. Their responsibilities will include executing commercial and governmental business opportunities in addition to developing new ones. Fernando has participated in the execution of nearly $3.5 billion dollars in investment banking, corporate finance, and merger and acquisition transactions. He has had experience establishing key partnerships in Asia, Europe and Latin America. Dr. Ricardo Lorden has a proven track record of representing U.S. “Fortune 500” companies. He also played a key part in helping craft…

FridayJun 01, 2007 9:18 am

ALL Fuels & Energy Company (AFSE.PK)

ALL Fuels & Energy Company (AFSE) recently acquired ALL Energy Company, a development-stage ethanol company organized to operate as an ethanol producer, focusing primarily on the production and sale of ethanol and its co-products. AFSE has adopted the business plan of ALL Energy Company. To date, AFSE has: obtained $2 million in private equity funding; purchased 150 acres on which to build its proposed ethanol production facility in Manchester, Iowa; signed a five-plant engineering and design agreement with Delta-T Corporation (Delta-T is a Virginia-based company with over twenty years of experience in the ethanol industry that management believes possesses superior…

FridayJun 01, 2007 9:13 am

ODYSSEY MARINE CLAIMS SPANISH LAWSUIT FALSE

Famed salvage and recovery firm Odyssey Marine Exploration (AMEX: OMR) sent out a release today stating that the recent claims that the Kingdom of Spain had filed a lawsuit against Odyssey were false. According to the press release, Odyssey’s legal counsel talked to Jim Goold – “the lawyer apparently representing Spain,” the release states - yesterday in response to circulating rumors that the Spanish government had followed through on its threat to lay claim to the find. “Any media reports suggesting that a lawsuit was filed are erroneous,” the release stated. The release also states that the only document filed…

FridayJun 01, 2007 8:59 am

ODYSSEY MARINE CLAIMS SPANISH LAWSUIT FALSE

Famed salvage and recovery firm Odyssey Marine Exploration (AMEX: OMR) sent out a release today stating that the recent claims that the Kingdom of Spain had filed a lawsuit against Odyssey were false. According to the press release, Odyssey’s legal counsel talked to Jim Goold – “the lawyer apparently representing Spain,” the release states - yesterday in response to circulating rumors that the Spanish government had followed through on its threat to lay claim to the find. “Any media reports suggesting that a lawsuit was filed are erroneous,” the release stated. The release also states that the only document filed…

FridayJun 01, 2007 8:44 am

Morning News Friday June 1st 2007

General News: - At the Fed, Mr. Kroszner, said that inflation risks were mainly to the upside. - Financial Times runs a story about hedge funds versus the banks and politicians over the subprime markets. - USA Today reported that high gas prices and a weak housing market will hurt auto sales. - Money Supply: M2 rose $18 billion, M1 rose $600 million. - Trimtabs reports that US mutual funds received inflows of $1.95 billion last week. ETFs had an inflow of $2.1 billion. Bond funds had an inflow of $2 billion despite the rise in rates. This reflects an…

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Early Gainers with Big News

HOP-ON’s (HPNN.PK) Skye-Phone Awarded Regional Approval

ODYSSEY MARINE (AMEX: OMR) CLAIMS SPANISH LAWSUIT FALSE

Novori, Inc. (NOVO.OB) Share Prices Rise 8.84% on Abnormally High Volume

Shares of Sub Surface Waste Management (SSWM.OB) are Up 5.56 % Friday Afternoon, as Company Adds Board Members to its Mexican Subsidiary

Subsidiary of Sub Surface Waste Management (SSWM.OB) Plans to Add Experienced Board Members

ALL Fuels & Energy Company (AFSE.PK)

ODYSSEY MARINE CLAIMS SPANISH LAWSUIT FALSE

ODYSSEY MARINE CLAIMS SPANISH LAWSUIT FALSE

Morning News Friday June 1st 2007

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