FridayJun 01, 2007 4:04 pm

Wi-Fi TV (WVTI.PK) Brings Internet to the Next Level

Stocks for Wi-Fi TV (Pink Sheets: WTVI) were down 12 percent, closing at $0.0029 after a steadily climbing earlier this week after the company released news it would start holding live online sales opportunity Webinars this week, the first of its kind in the business.According to a company press release, Wi-Fi TV founder and Chairman Alex Kanakaris brought a "wave of energy and excitement to the panel on convergence at the iHollywood Forum Mobile Entertainment Summit," where Kanakaris predicted the end of Digital Rights Management (DRM) software for music and movies, along with a new business model that will "result…

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FridayJun 01, 2007 4:04 pm

New Medium Enterprises (MNEN.OB) Teams with Scandinavian Distributor

New Medium Enterprises Inc. (OTCBB: NMEN) provides global High Definition (HD) medium solutions using Red Laser Technology and DVD industrial infrastructure with technology ideal for the video gaming industry and software developers.The company's Versatile Multilayer Disc (VMD) technology is a multilayered disc equipped with the capability to store large data, about 10 times that of a standard DVD. This eliminates the need for multiple discs to store and build data - the technology is applicable for the recording and playback of HD video. Earlier this week, New Medium announced it signed a content deal with film distributor Scanbox Entertainment at…

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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:

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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…

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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…

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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…

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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…

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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…

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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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FridayJun 01, 2007 8:35 am

Crosshair Exploration and Mining Corp. Discovers Largest Intercepts Showing Highest Uranium Grades at Site, Exceeding Historical Results

Crosshair Exploration and Mining Corp. (TSX VENTURE:CXX; AMEX:CXZ ) reports that the 9,400-metre winter drill program at the Central Mineral Belt Property intersected the highest uranium grades and largest intercepts ever returned from the Lower C Zone. Although previous drill programs had not focused on the Lower C Zone, recent drill intercepts demonstrate that the thickness and grade of the Lower C are much better than originally estimated based on historical drilling by Shell Canada. The Lower C is highlighted by hole ML-63, which intersected 11.05 metres of 0.128% U308 within 43.45 metres of 0.041% U308. "These drill intercepts demonstrate that…

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