AVEE (ADVC) - $2 Million Cash Dividend To Be Distributed To Shareholders

AVEE (ADVC) continues to amaze as possibly the most undervalued stock on the OTCBB exchange.  The company's impressive cash flow has allowed it to issue, what amounts to an almost 22% annual return (as of today's close) for their loyal shareholders,in the form of a $.30 cash dividend per share pre-split and $.03 post split.

The company will also undergo a stock ticker change and do a 10-1 forward split to increase liquidity (New ticker come Monday ADVC).  It's a proverbial tri-fecta for current shareholders and will provide a chance for investors to grab a piece of a stock that is not just growing, but rewarding current loyal investors via cash distributions.

AVEE issued a $.14 cash dividend to shareholders of record last year around this same time.  The difference this year is the dividend has more than doubled in size.  This is representative of a growing company that was able to not only survive the worst economic conditions of our lifetime, but to thrive as evidence by the large cash dividend.  The numbers are truly amazing and the Guru is still curious why this stock sits below $3 a share, which is its fair value in my opinion, just based on EPS and revenue growth.  Factor in two huge cash dividends and this stock deserves to be trading and much, much higher levels.  We'll let the market do the talking coming Monday after today's news gets digested over the weekend.  AVEE closed at $1.39  a share today, and is trading in a narrow range, which will more than likely change come Monday.

We hope some of you were able to take advantage after reading some of our AVEE posts and snared a few AVEE shares before the dividend news hit the wires after the bell today (news release is below).  For those of you looking for a solid, cash flow positive company, that is growing and giving back to its shareholders at a 22% annual clip, than ADVC is your stock.







Advant-e Corporation Announces Ten-for-One Stock Split, Payment of $2 Million Cash Dividend, and Trading Symbol Change to ADVC



--Shareholders of record as of November 30, 2009 to receive 10 common shares for each share owned; Approximately $2 million cash dividend ($0.03 per common share after stock split) to be paid in three installments of $0.01 per share by December 31, 2009, June 30, 2010 and December 31, 2010; New Trading Symbol to be ADVC starting on November 2, 2009
DAYTON, Ohio, Oct 30, 2009 /PRNewswire-FirstCall via COMTEX/ -- Advant-e Corporation (OTC Bulletin Board: AVEE), a provider of Internet-based Electronic Data Interchange and electronic document management software and services today announced that its Board of Directors has authorized a ten-for-one stock split of the Company's common stock. All shareholders of record on November 30, 2009 will receive 10 shares in exchange for each share held on that date. The Company's Certificate of Incorporation will be amended to increase the number of authorized common shares to 100,000,000 in order to carry out the stock split. The Board of Directors also declared the payment of $.03 per share (after the ten-for-one stock split) cash dividend, payable in three installments of $.01 each by no later than December 31, 2009, June 30, 2010, and December 31, 2010. The $.03 per share cash dividend, which will total approximately $2 million, is equivalent to a $.30 dividend per share prior to the ten-for-one stock split.
In addition, the Company requested, and was granted, a change to the Company's trading symbol from AVEE to ADVC effective on Monday, November 2, 2009.
Jason K. Wadzinski, Chairman, Chief Executive Officer, and President, remarked, "The purpose of the cash dividend is to reward the Company's shareholders, many of whom have been shareholders for a very long time, and to enable them to likely take advantage of favorable Federal income tax treatment that is scheduled to expire at the end of 2010. The cash dividend for shareholders who hold the stock long enough to receive all three installments represents a 21% return on investment based on the most recent closing price of the Company's stock of $1.39.
"The purpose of the ten-for-one stock split is to increase the number of shares available in the public float to provide the potential for additional market liquidity for our stock," continued Mr. Wadzinski.
About Advant-e Corporation
Advant-e, via its wholly owned subsidiaries Edict Systems, Inc. and Merkur Group, Inc. is a provider of internet-based hosted Electronic Data Interchange (EDI) and electronic document management software and services. The Company helps businesses automate manual, paper-intensive processes via expanded use of EDI or by integrating directly with ERP/MRP systems.
Additional information about Advant-e Corporation can be found at http://www.advant-e.com/, http://www.edictsystems.com/, and http://www.merkurgroup.com/, or by contacting investor relations at (937) 429-4288. The company's email is advant-e@edictsystems.com.
The information in this news release includes certain forward looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the company. Although the company believes that the expectations reflected on its forward looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, or general economic risks and uncertainties.
SOURCE Advant-e Corporation

MPTO - It's Make Or Break Time

Our MPTO alert at $.0013 has turned into a double or more over the last few weeks.  The stock seems to be melting higher but faces some head winds if further gains are to be made.

The stock is in dire need of a company update to elicit some shareholder interest.  Absent that MPTO might find itself in the $.0015 - $.0027 for the time being.

DMPD - A Chance To Beat The Crowd

When trading penny stocks it always pays being first.  This means finding a stock that looks poised to run and buying it before everyone realizes the potential gains.  This is a very profitable way to trade.

The Pennystockguru has brought you many of these... shall we call them, "before the crowd" stocks.  CENV was an example.  PCGR another.  Both surged 1,000% higher from our initial price levels.

The Pennystockguru thinks he's found another stock that looks poised to post a significant return in the short term.  The stock ticker is DMPD.   The company issued a press release to very little fanfare today. Barely 300k shares printed today even after issuing a press release that could signify some increased attention for the stock.  The company also updated Pink Sheets concerning their share structure.  Transparency, we love transparency.


Right from pink sheets.  The date is the important part.  The company would not update Pink Sheets if they didn't think a whole set of new eyes would be on the stock.

• 
  

  Outstanding Shares

  239,907,352 as of Oct 28, 2009
  
• 
  

  Authorized Shares

  300,000,000 as of Oct 28, 2009
  

Expect the complete lack of attention concerning DMPD to change over the next few days and weeks.  Today's Press Release was ignored by investors today, but it looks like DMPD could be a stock that deserves your attention going forward.


A short term target of $.005 is not out of the question considering volume and price action this year.  A push to $.01 on a positive press release could be a possibility. 


Keep DMPD on your watch list.

Kurt Cockrum Re-Assumes Leadership Role

DM Products announced today the re-appointment of Kurt Cockrum to the Board of Directors.  Having stepped aside as Director and President in 2007, Mr. Cockrum has accepted the offer to return as Chairman of the Board of Directors, as well as President.  James Clarke, DM Products current Chairman and President, will remain on the Board and hold the positions of Secretary and Treasurer.

Mr. Cockrum has over 33 years of extensive business experience and has a proven success record as an entrepreneur. He has worked for Interlake, Inc., the world’s leading Materials Handling equipment supplier from 1973 thru 1983, and founded Kacee Construction, a subsidiary of Cockrum Enterprises. “We are excited for the return of Kurt.  Although he actively remained a vital part of the company as Vice President of Operations, his leadership at the top was greatly missed,” said James Clarke, former President. “We all know and appreciate his background in business operations, human resources, sales, financial planning, distribution and fulfillment.  As we move forward, he is the obvious choice to lead the charge,” Clarke added.

Mr. Cockrum has been involved with numerous organizations throughout his community, volunteering and helping out with youth organizations, church activities, and serving on various boards and committees. He is presently serving in an advisory capacity to Pacific Lutheran Theological Seminary in Berkeley, California.

“I am excited to re-assume my role as Chairman and President.  I believe in this company and intend to devote my entire energy towards its growth and success,” said Mr. Cockrum.  “Our future seems promising.  As Vice President of Operations, I never lost sight of our mission, and have always remained hands-on in the daily matters of the company.”

 DM Products, through its wholly owned subsidiary, Direct Success, Inc., develops, finances, produces, markets, and distributes unique and innovative health, beauty, fashion, fitness and other products for sales through infomercial marketing and distribution channels.

This press release includes certain statements that fall within the definition of "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties, overall economic and market conditions, competitors' and clients' actions, and weather conditions, which could cause actual results to differ materially from those anticipated. Accordingly, such statements should be considered in light of these risks. Any prediction by DM Products is only a statement of management's belief at the time the prediction is made. There can be no assurance that any prediction once made will continue thereafter to reflect management's belief, and DM Products does not undertake to update publicly its predictions, whether as a result of new information, future events or otherwise.

AVEE - Keeps On Growing

We brought AVEE to your attention last week.  Yesterday it released news that exbited its continued organic growth.  The stock price is severely undervalued at these levels.  Eventually the price will meet the value of the business, which is why the guru is pointing out AVEE now...  because it is nice to have a chance to get in before everyone else.

Yesterday's Press Release:

Three Retailer Owned Wholesale Companies Select Edict Systems as their Outsourced EDI Provider
--Services Provided Include Hosted Data Translation, Trading Partner Connectivity, and Supplier On-Boarding Services
DAYTON, Ohio, Oct 27, 2009 /PRNewswire-FirstCall via COMTEX/ -- Advant-e Corporation (OTC Bulletin Board: AVEE), through its wholly owned operating subsidiary Edict Systems, Inc. announced today that three retailer owned wholesale companies have selected Edict Systems as their outsourced Electronic Data Interchange (EDI) provider.

--  Associated Grocers Inc. in Baton Rouge, Louisiana - founded in 1950 and
        serves over 220 independent retailers in Louisiana, Mississippi, Texas
        and Alabama

David Politz, Sr. Director of Business Technology for AG in Baton Rouge stated, "Our partnership with Edict Systems has been outstanding. The service that Edict performs has enabled us to leave EDI to Edict and to focus our resources in other areas for added value. As a result of our partnership, we have increased our business automation three-fold and leveraged EDI in ways that were not possible previously."

--  Associated Grocers of the South, Inc. in Birmingham, Alabama - founded
        in 1927 and serves over 250 independent retailers in Alabama,
        Mississippi, Georgia, Tennessee, and the Florida pan-handle

Ron Burke, Vice President of IT for AG South said, "We knew it was critical to our business to automate all transactions for all trading partners. Edict made that process simple and in a matter of months we had 100% supplier participation."

--  Associated Grocers of New England in Pembroke, New Hampshire - founded
        in 1946 and serves almost 500 independent retailers in New Hampshire,
        Vermont, Massachusetts, Connecticut, Rhode Island, Maine, and Upstate
        New York

Ken Peperissa, Director of IT for AG New England stated, "With Edict Systems' excellent service, AG New England has experienced reduced costs and significantly expanded the number of trading partners we communicate with electronically. This has had a positive impact on how we do business and on our bottom line. " All three companies chose to move all EDI related processes to Edict's Software as a Service (SaaS) offerings. These processes include:

--  Data Translation - Hosted Data Translation (HDT) services enable each AG
        group to eliminate the need to procure and manage software-based data
        translation and integration.
    --  Trading Partner Connectivity - EnterpriseEC(R) provides a single point of
        connectivity to the AG trading partners via AS2, Secure FTP, or
        traditional Value Added Networks.

    --  Supplier On-boarding - Hub & Spoke ramping services which include
        Testing & Certification services for EDI-capable suppliers combined with
        GroceryEC.com, Edict's industry leading web-based solution for small and
        medium-size suppliers provides for optimal supplier participation.

These combined services and solutions improve business practices by reducing paper-based transactions and the number of errors associated with manual document processing. It also enables the three AG wholesalers to use valuable internal resources for other value-added IT related projects. "In today's economy many distributors, wholesalers and retailers are looking for ways to reduce costs and get more value from the resources they have in place," explains Edict's Vice President of Sales, Dave Rike. "Edict helps these organizations by providing a complete outsourced supply chain solution for them and their suppliers. Outsourcing EDI enables each of the Associated Grocers companies to rapidly expand their supply chain connectivity and communication without adding resources."
"We are excited to welcome Associated Grocers Inc., Associated Grocers of the South, and Associated Grocers of New England as valued customers," continued Rike. "We share a dedication to customer service, and Edict is committed to providing the best in EDI outsourcing solutions to help these companies serve their customers better."
About Advant-e Corporation
Advant-e, via its wholly owned subsidiaries Edict Systems, Inc. and Merkur Group, Inc. is a provider of internet-based hosted Electronic Data Interchange (EDI) and electronic document management software and services. The Company helps businesses automate manual, paper-intensive processes via expanded use of EDI or by integrating directly with ERP/MRP systems.
Additional information about Advant-e Corporation can be found at www.Advant-e.com, www.EdictSystems.com, and www.MerkurGroup.com, or by contacting investor relations at (937) 429-4288. The company's email is advant-e@edictsystems.com.
About Edict Systems
Edict Systems, Inc. is a provider of Business-to-Business electronic commerce software and Internet-based applications specializing in Electronic Data Interchange (EDI) and XML-based solutions for recurring transactions. The Company specializes in horizontal transaction services via EnterpriseEC(R), an Internet-based Trading Community Connectivity and Management Solution, and within specific industries via web-based EDI services including www.GroceryEC.com, www.RetailEC.com, www.AutomotiveEC.com, www.MfgEC.com, www.healthcareec.com, and www.CPGSupplier.com.
The information in this news release includes certain forward looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the company. Although the company believes that the expectations reflected on its forward looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, or general economic risks and uncertainties.
SOURCE Advant-e Corporation

Stocks To Watch Thursday Oct. 29th - , GAGI, GBJT, XMDC

GAGI soared 750% today on news.  The stock is gaining attention and could see more buying tomorrow.

GBJT consolidated after touching $.03 and trading above $.01 early in the session.  The stock still looks to move higher as the week progresses.

XMDC, after posting an awesome run lost some steam and looks poised for a bounce. 

GBJT - An Epic Rally Underway?

I received an e-mail from a reader yesterday concerning GBJT. The stock, at the time, had closed trading at $.0015 after posting serious volume for the first time in a long time. A Secretary of State change was posted for the stock, meaning a new start for shareholders and investors alike.

It is emails, like the one I received on GBJT, that help the pennystockguru point out stocks that are ready to make a big move. Keep those emails coming.

GBJT might not be a common place stock ticker tonight, but its recent rally and impending upward continuation, is sure to open some eyes as well as write a few pages in penny stock history books as a gainer to remember.

The rally so far could not be any better described than this chart below:

These dormant shell stock revitalization's can rally higher and farther than your average penny stock. One of the main reasons is supply. While most penny stocks are being actively diluted these shells usually have a stable share structure that remains unchanged. Factor in the lack of share supply, and a group of market makers that unwittingly issue naked shares thinking the buying will abate.  When buying volume continues to come in market makers panic and you have a combustible situation that undoubtedly shoots a stock much higher and farther than anyone thought it could go.

GBJT should break the $.01 mark tomorrow in short order.  From there it is anyone's guess where it will go. Even at the close today GBJT posted an impressive run from $.0003 to $.0095 in two days.  That run should continue, it will be fun to watch.

Watch List - Monday October 26th - HESG, MPTO, AVEE, ZENG, DLAD

MPTO has been attracting some buying volume the past few sessions. Our initial alert still is valid and we expect a push past $.003 in the near future.

HESG continues to receive steady buying at $.0002. This stock looks to break out of the .0001 - .0002 range soon.

AVEE is a stock that will find it's fair value over the next several months. Currently the stock sits quietly without much fanfare. With $2.8 million in cash on hand, positive cash flow, and a sub 8 p/e this stock will undoubtedly find buyers at these levels. It is only a matter of time.

ZENG has been a stock we've covered several times. Recent flings have renewed interest in the stock and we expect our $.03 target to be breached early this week.

DLAD has been consolidating in the .0005 - .0007 area after touching $.001 on our initial alert. This stock remains on alert for a breakout. $.0008 is the first line of resistance followed by $.001.

VLEN - Pennystockguru Initiates Trade Investigation and Report To SEC

One 2,000 share trade made VLEN rise 1,140% on Thursday.  This was a trade of obvious manipulation. It is surprising that the company is not looking into this. We have decided to take the lead on this blatant attempt to artificially inflate the share price of VLEN.

Who in their right mind would purchase a stock that was just trading at $.0013 for $.63? Let's hope VLEN was not behind this trade, although an investigation will reveal the ring leaders behind this 2,000 share trade.  We don't expect VLEN to issue a public release as they did when their share price dropped on a $.13 trade.  When a share price is manipulated to the benefit of the company there is no reason for them to cry foul.  But the Pennystockguru won't let this one rest.  We have filed a formal complaint to the SEC, and you can do the same.

Below is the link you can utilize to file a complaint about the obvious share price manipulation for VLEN.

Let's put an end to the manipulation and report these egregious trades to the SEC!

http://www.sec.gov/complaint/cf942sec9570.htm

AVEE - Trading at Less Than 8x Earnings, With $2.877 million In The Bank and A Positive Cash Flow

AVEE is one of those rare OTCBB stocks that represents growth, management, and integrity.   While the entire S&P is valued at 20x+ earnings AVEE is priced at less than 8x earnings with millions in the bank and a business plan that has excelled the last few years, even during this Great Recession.  AVEE also issued a $.14 special dividend to shareholders a year ago for an instant 10%+ return on investment. A stock that gives back to shareholders.... isn't that a breathe of fresh air?

The company earned $.05 a share in the 2nd quarter which is remarkable considering the worlds economy was collapsing at the time.  String that $.05 over 4 quarters and you get $.20 EPS for the year.  With the stock trading at $1.30 a share,using the term undervalued could very well be an understatement.   Factor in the company's growth and the stock should easily be trading over $3, just on a conservative 15x earnings.  That doesn't include the roughly $2.7 million in cash and $6.7 million in assets.  Liabilities are low in comparison at $1.3 million of which more than half are deferred revenue.

Folks AVEE is one of those OTCBB buy and holds.  The company is flush with cash, has a stable share structure, and is growing its business.  The company financials are audited and submitted quarterly through SEC filings providing shareholders with a highest degree of transparency.

AVEE is a strong, growing company with an enormous cash base trading for $1.37.   We will have more on this stock as time progresses.  The upside potential appears to far outweigh any potential downside, as the stock is trading near its lows.

Keep AVEE on your watch list.  It is a Pennystockguru top pick.


Advant-e Corporation Announces Second Quarter 2009 Results






--Company Reports Net Income Increased by 11% over Second Quarter of 2008 Despite 4% Revenue Decline



DAYTON, Ohio, Aug 13, 2009 /PRNewswire-FirstCall via COMTEX/ -- Advant-e Corporation (OTC Bulletin Board: AVEE) today announced financial and operating results for the second quarter of 2009. The Company provides Internet-based Electronic Data Interchange services through Edict Systems, Inc. and sells electronic document management software and services through Merkur Group, Inc. Edict Systems and Merkur Group are wholly owned subsidiaries of Advant-e Corporation.

For the second quarter of 2009 the Company reported revenue of $2,200,958, a 4% decrease compared to revenue of $2,300,267 in the second quarter of 2008. Revenue from Edict Systems increased by $65,555, but revenue from Merkur Group fell by $164,864.



Net income for the second quarter of 2009 was $311,263, or $.05 per share, an 11% increase compared to net income of $279,625, or $.04 per share, for the same period in 2008.



Jason K. Wadzinski, Chairman of the Board and Chief Executive Officer, remarked, "Given the economic realities during the quarter, I am pleased that we were able to increase net income despite the drop in software-related revenue. While Merkur's revenue is down over last year, Merkur has contributed significantly to our increased net income in the quarter."



"Our focus for the remainder of 2009 will be to continue our push into additional industries and increase our investment in upgrades and enhancements, primarily in our Web EDI offerings and integration solutions."



About Advant-e Corporation



Advant-e, via its wholly owned subsidiaries Edict Systems, Inc. and Merkur Group, Inc. is a provider of internet-based hosted Electronic Data Interchange (EDI) and electronic document management software and services. The Company helps businesses automate manual, paper-intensive processes via expanded use of EDI or by integrating directly with ERP/MRP systems.



Additional information about Advant-e Corporation can be found at www.Advant-e.com, www.EdictSystems.com, and www.MerkurGroup.com, or by contacting investor relations at (937) 429-4288. The company's email is advant-e@edictsystems.com.

EWRC - The Supposed $.019 Purchase Offer Now Confirmed As A Lie - Lawsuit Coming??

An article from Rueters confirms what the pennystockguru has been saying all along about EWRC and its obviously false and misleading $.019 stock purchase offer.  It was a lie.  It was only meant to get the stock price up so the company could dump its billions of shares into the open market. Hilbroy Advisory intends to pursue the matter with all means necessary.  Can you say LAWSUIT?  These penny stock scammers think they can get away with everything.  EWRC might have finally met its match.

Keep checking back.  The guru will keep his NOSE to the ground on this one. 


http://www.reuters.com/article/pressRelease/idUS162841+06-Oct-2009+MW20091006

In addition, Hilbroy Advisory was recently mentioned in a press release by Eworld companies Inc as its corporate finance advisors. Hilbroy Advisory is not and has never been a corporate finance advisor and has never performed and/or been retained as a service provider to Eworld companies Inc. However, Hilbroy Advisory is the corporate finance advisor to Level Vision Electronics and as such Hilbroy Advisory confirms that no discussion has ever taken place between Eworld and Level Vision Electronics and therefore no formal purchase offer has ever been issued by Level Vision Electronics for the outstanding shares of Eworld.

Hilbroy Advisory will not permit anyone to disseminate wrongful and misleading information to the public in an attempt to ruin its reputation and Hilbroy Advisory and its management will pursue the matter with all means available.

GRDO - Guard Dog, Inc. - Chart Explosion

What does this company do?  Then again does it really matter?  Look at the chart above, that is all that matters.

SPNG - Back To Pre-Suspension Levels

SPNG has now returned to $.06, the price it closed at on the Friday the SEC suspended trading.  It has been a remarkable few trading sessions.

Today SPNG released some news, which is posted below, that seemed to renew interest in the stock.  We still feel this is not a stock to hold until the legal matters are resolved.  But if momentum can keep going SPNG could see $.10 sometime next week.  That would be a remarkable comeback.  Even at $.06 this stock has defied the odds.

SpongeTech(R) Delivery Systems, Inc. Partners with Chicago Blackhawks for the 2009 NHL Season
SpongeTech(R) continues to tap the National Hockey League and continues to grow its team sponsorship portfolio for 2009
NEW YORK, Oct 22, 2009 (BUSINESS WIRE) -- SpongeTech(R) Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge(TM)", (OTC: SPNG) is pleased to announce today that the Company has partnered with one of the NHL's Original Six teams, the Chicago Blackhawks. SpongeTech will have a rink-side permanent wall signage all season and SpongeTech's products will be sold and marketed within grocery chain, Dominick's, in conjunction with the Chicago partnership. This deal continues to establish SpongeTech as a major player in the U.S. sports sponsorship landscape. "We look forward to a rewarding relationship with the Chicago Blackhawks," stated Steven Moskowitz, COO of SpongeTech. "This partnership will allow us to enter an additional distribution channel in the third largest city in the U.S., the Windy City, and we look forward to expanding our presence in Chicago with the help of the Blackhawks and Dominick's."
SpongeTech currently sponsors the New York Rangers and eight National Football League teams. The Company continues to grow its sports sponsorship portfolio, previously leveraging Major League Baseball teams, the World Football Challenge, the US Open and professional boxing.


SpongeTech(R) Delivery Systems, Inc. Partners with Cleveland Cavaliers for the 2009 National Basketball Association Season
SpongeTech(R) leverages the NBA as a major marketing and advertising platform
NEW YORK, Oct 21, 2009 (BUSINESS WIRE) -- SpongeTech(R) Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge(TM)", (OTC: SPNG) is pleased to announce today that the Company has partnered with NBA team, Cleveland Cavaliers. SpongeTech has become a proud partner of the Cavaliers and will receive prominent courtside signage and media exposure through their partnership. This deal continues to establish SpongeTech as the newest major player in the US sports sponsorship landscape. "We are continuing to build our brand presence in Cleveland as the Cavaliers are the fifth professional sports team that we sponsor in Ohio," stated Steven Moskowitz, COO of SpongeTech.
SpongeTech currently sponsors the New York Knicks, multiple National Hockey League teams and eight National Football League teams. The Company continues to grow its sports sponsorship portfolio, previously leveraging Major League Baseball teams, the World Football Challenge, the US Open and professional boxing.
About SpongeTech(R) Delivery Systems, Inc. 

EVFL - Keeping Things As Vague As Possible

Less is more in the penny stock world.  EVFL seems to know this, and its press release today was fairly vague.  Less information and more speculation.  Speculation is one of the reasons people buy these $.0001 stocks to begin with.  With EVFL's press release about a letter of intent they left out the most important detail:

How are they going to pay for these gas stations?  


The pennystockguru has one question.  Come November 30th, 2009 will this deal ever come to fruition.  I think not. Let us see what transpires from here on out.

With 100 billion shares authorized to sell, the bid at $.0001 will not last long.






Evolution Fuels Executes Letter of Intent to Acquire Fuel Stations in Alabama and Mississippi
DALLAS, Oct 22, 2009 (GlobeNewswire via COMTEX) -- Evolution Fuels, Inc. (Pink Sheets:EVFL) (the "Company") today announced that it has executed a letter of intent to acquire two existing and operational fuel stations, one located in southern Alabama and the other in central Mississippi. The Company intends to brand the stations as "Evolution Fuels." One of the stations is located in an affluent area of the town of Fairhope, Alabama, which is approximately eighteen miles southeast of Mobile, Alabama. The station currently offers E10 (10% ethanol/90% gasoline) and E85 (85% ethanol/15% gasoline) and B20 biodiesel. The second station is located in Newton, Mississippi and currently offers E10, E85, and B20 biodiesel.
Both stations feature fuel blending at the dispenser, which conforms to the Company's model of providing renewable fuels at the retail level. The Company plans to apply its "Evolution Fuels" branding to the stations and add sufficient equipment to provide an additional E20 product at the pumps.
The Company expects to sign the definitive purchase agreement pursuant to the letter of intent by November 30, 2009.
About Evolution Fuels, Inc.
The Company endeavors to market renewable transportation fuels at retail fuel stations that will provide blends of ethanol ranging from 10% to 85% (E10 to E85), and biodiesel blends from 5% to 20% (B5 to B20). The Company's plan calls for the development of a chain of renewable fuel stations that extend from Texas to Mississippi that will be a combination of "Evolution Fuels"-branded fuel stations/convenience stores and western-motif truck stops modeled after the Willie's Place Truck Stop in Carl's Corner, TX. The Company's Web site is www.evolution-fuels.com.
Forward-Looking Statements Disclosure
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. In connection with the "safe harbor" provisions of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, important factors that, among others, could cause or result in actual results and experience to differ materially from the Company's anticipated results, projections, or other expectations, are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Evolution Fuels, Inc.

By Staff

EWRC Is In The Lead

With only 7 days remaining to vote, EWRC is leading the pack of the worst penny stocks out there.  It's only been a month since EWRC became current with the Nevada Secratary of State, long after the penny stock guru noted their complete lack of regard in that matter.

EWRC hit $.0004 yesterday and looks well on its way to $.0001, absent some miraculous press release.

EVFL, on the other hand, actually has a bid again.  2.15 billion shares were enough to get the sellers away at $.0001.  A few letter of intents might be behind the move.  This could weigh on the voting some as EVFL looks to be EWRC's main competition.

EWRC - Pump and Dump

This Chart Says It All:

High On HESG

Today's late 8-K by HESG should reinvigorate the stock over the next several sessions.  The company has:

"been approached by an undisclosed medical marijuana pharmacy company about forming subsidiary for legal medical distribution."

Investors should take a hit on this new development tomorrow and bring this stock out of its $.0001, $.0002 range.

Now the word of caution.  HESG has 5 billion shares authorized.  This is a hefty number.  This doesn't mean the stock won't run, but be wary that the potential for a share supply increase is great.

Absent dilution there is no reason why HESG can't see $.001 short term.  $.0004 is almost a given.

HESG is a stock to watch as the new story unfolds.

VRMLQ - The Reason We Trade Penny Stocks - A Rally From $.01 to $21.94 in a Little Over A Month

Several millions shares traded hands for VRMLQ at the $.01 mark.

• One million shares or $10,000 bought at $.01 only a few months back is worth $18 million dollars today. 
• 100,000 shares bought at $.01 or a $1,000 investment only a few months back is worth $1.8 million today. 
• 10,000 shares at $.01 or a $100 investment in VRMLQ is worth $180,000 today.

VRMLQ (the Q represtents a bankrupt company) released news a few months back that is pasted below.  The stock has since mounted a dream rally that likely made people a lot of money, but also had people wishing they bought in, and held through out the run.

It is the reason we trade penny stocks.  For the life changing stock that rallies higher and harder than our wildest dreams.  VRMLQ fits that description.  It is a once in a lifetime gain, and not likely to be duplicated.   We'll all just have to settle for 1,000% picks from the penny stock guru.






U.S. Food and Drug Administration Clears Vermillion's OVA1(TM) Test to Determine Likelihood of Ovarian Cancer in Women with Pelvic Mass


--First lab test that can indicate ovarian cancer prior to biopsy or exploratory surgery
MADISON, N.J. and FREMONT, Calif., Sept 11, 2009 /PRNewswire-FirstCall via COMTEX/ -- The U.S. Food and Drug Administration (FDA) today cleared the OVA1(TM) Test, the first blood test that, prior to surgery, can help physicians determine if a woman is at risk for a malignant pelvic mass. OVA1 is the first FDA-cleared laboratory test that can indicate the likelihood of ovarian cancer with high sensitivity prior to biopsy or exploratory surgery, even if radiological test results fail to indicate malignancy. The test was developed by Vermillion, Inc. (OTC: VRMLQ.PK), a molecular diagnostics company, in cooperation with Quest Diagnostics (NYSE: DGX), the world's leading provider of cancer diagnostics. Quest Diagnostics, which is a long-time investor in research and development of the OVA1 technology, has exclusive rights to offer the test to the clinical reference laboratory market in the U.S. for three years. "When combined with other clinical information, the OVA1 biomarker panel can help assess the likelihood of malignancy of an ovarian tumor before surgery and facilitate decisions about referral to a gynecologic oncologist," said Frederick R. Ueland, M.D., principal investigator of the prospective, multi-center OVA1 clinical trial. Dr. Ueland is an associate professor gynecologic oncology at the University of Kentucky's Markey Cancer Center.
The OVA1 Test is an in vitro diagnostic multivariate index (IVDMIA) test that combines the results of five immunoassays using a proprietary unique algorithm to produce a single numerical score indicating a women's likelihood of malignancy. The OVA1 Test provides a new option in the pre-operative evaluation to help physicians assess if a pelvic mass is benign or malignant in order to help determine whether to refer a woman to a gynecologic oncologist for surgery. Numerous clinical practice guidelines recommend that women with ovarian cancer be under the care of a gynecologic oncologist. However, only an estimated one third of women who undergo surgery for possible ovarian cancer are referred to these specialist surgeons for their surgery.(1)
Vermillion received the Society for Gynecologic Oncologists (SGO) Basic Science Poster Award for an abstract on the performance of its OVA1 Test presented at SGO's 38th Annual Meeting on Women's Cancer in 2007. In reviewing the test application, the FDA evaluated results of a prospective, double-blind clinical trial which included 27 demographically mixed sites representative of institutions where ovarian tumor subjects may undergo a gynecological examination.
"Surgery in the hands of a gynecologic oncologist is usually associated with more favorable patient outcomes," said Jon R. Cohen, M.D., chief medical officer and senior vice president, Quest Diagnostics. "Physicians often do not know if a woman's pelvic mass is malignant or benign until she undergoes surgery. The OVA1 Test is the first FDA-cleared blood test to help clinicians determine whether to refer a woman to a gynecologic oncologist or have a gynecologic oncologist present at the time of surgery. We believe this test will help drive more favorable patient outcomes."
"Unfortunately, advances in ovarian cancer diagnosis and treatment are few and far between. It is fitting that September, Ovarian Cancer Awareness Month, marks FDA's clearance of OVA1, a test that represents an important step forward toward improved outcomes," said Gail S. Page, executive chairperson of the board of directors of Vermillion. "Quest Diagnostics had the foresight to recognize the potential value of this novel multivariate assay and supported its development. We look forward to collaborating to bring this new diagnostic option to the many women who will benefit from specialist care."
The FDA clearance of OVA1 makes Quest Diagnostics the only diagnostic testing company to offer FDA cleared tests for ovarian cancer in the pre- and post-surgical settings. In addition to offering the OVA1 Test, Quest Diagnostics was the first laboratory company to provide a new lab test that the FDA cleared in the third quarter of 2008 as an aid for monitoring for recurrence of epithelial ovarian cancer.
The OVA1 Test will be available for physician use in the fourth quarter of this year.
Ovarian cancer is the leading cause of death from gynecologic cancers in the United States and the fifth-leading cause of cancer deaths in women.(2) Approximately 21,600 new cases of ovarian cancer will be diagnosed in the U.S. in 2009, and approximately 14,600 women will die of the disease.(3)
About the OVA1 Test
The OVA1 Test is a qualitative serum test that combines the results of five immunoassays into a single numerical score. It is indicated for women who meet the following criteria: over age 18, ovarian adnexal mass present for which surgery is planned, and not yet referred to an oncologist. The test utilizes five well-established biomarkers --- Transthyretin (TT or prealbumin), Apolipoprotein A-1 (Apo A-1), Beta2-Microglobulin (Beta2M), Transferrin (Tfr) and Cancer Antigen 125 (CA 125 II) --- and a proprietary algorithm to determine the likelihood of malignancy in women with pelvic mass for whom surgery is planned.
The OVA1 Test is an aid to further assess the likelihood that malignancy is present when the physician's independent clinical and radiological evaluation does not indicate malignancy. The test should not be used without an independent clinical/radiological evaluation and is not intended to be a screening test or to determine whether a patient should proceed to surgery. Incorrect use of the OVA1 Test carries the risk of unnecessary testing, surgery, and/or delayed diagnosis.
About Vermillion
Vermillion, Inc. is dedicated to the discovery, development and commercialization of novel high-value diagnostic tests that help physicians diagnose, treat and improve outcomes for patients. Vermillion, along with its prestigious scientific collaborators, has diagnostic programs in oncology, hematology, cardiology and women's health. Vermillion is based in Fremont, California. Additional information about Vermillion can be found on the Web at http://www.vermillion.com/.
About Quest Diagnostics
Quest Diagnostics is the world's leading provider of diagnostic testing, information and services that patients and doctors need to make better healthcare decisions. The company offers the broadest access to diagnostic testing services through its network of laboratories and patient service centers, and provides interpretive consultation through its extensive medical and scientific staff. Quest Diagnostics is a pioneer in developing innovative diagnostic tests and advanced healthcare information technology solutions that help improve patient care. Additional company information is available at http://www.questdiagnostics.com/.
(1) Journal of the National Cancer Institute, Vol. 98, No. 3, February 1, 2006
(2) Greenlee RT, Murray T, Bolden S, Wingo PA. Cancer statistics, 2000. CA Cancer J Clin. 2000;50(1):7-33
(3) 2009 American Cancer Society
OVA1(TM) Test is a trademark of Vermillion Inc.
Quest, Quest Diagnostics, the associated logo, and all associated Quest Diagnostics marks are the registered trademarks of Quest Diagnostics. All third party marks - (R)' and (TM)' - are the property of their respective owners.

Watch List - Tuesday October 20th - DLAD, UNDT, IGNT

DLAD watch continues for price breakout. The volume was strong yesterday and the price briefly touched $.001. The stock is going to need more follow through today to gain traction.

IGNT looks to be mounting a bounce of some sort. The company posted it's quarterly filing at Pink Sheets overnight. Revenues are on the rise. The company does have a substantial amount of debt compared to cash on hand, which is something to be wary about that. (News Out This Morning Pasted Below)

UNDT posted news this morning (pasted below). The stock could see a pop early in the session.

Universal Detection Technology Anthrax Detection Equipment Approved on New York State H.I.R.E. Contract, Distributed by Strategic Response Initiatives Market Wire    "US Press Releases "
LOS ANGELES, CA -- (MARKET WIRE) -- 10/20/09 -- Universal Detection Technology (www.udetection.com) (OTCBB: UNDT), a developer of early-warning monitoring technologies and counter-terrorism training programs to protect people from bioterrorism and other infectious health threats, announced yesterday that it is preparing for inclusion in the H.I.R.E. (Hazardous Incident Response Equipment) contract, a special IDIQ contract vehicle established in New York State post 9/11.

" Universal Detection Technology's addition to H.I.R.E. allows states and municipalities to quickly equip first responders and law enforcement agencies with the tools needed to combat bioterrorism threats," said Jacques Tizabi , CEO of Universal Detection Technology . "By including UNDT's handheld bio-weapons detection kits in the H.I.R.E comprehensive catalog, we are not only saving vital monetary resources and time spent on individual procurement requests, but we are also rapidly and efficiently supplying the vital resources needed to keep the public safe," continued Tizabi.

UNDT's addition to H.I.R.E. has been approved by the contract manager for New York State's Office of General Services and is pending final approval from the State's Comptroller.

As an H.I.R.E. product, Universal Detection Technology's 5 agent biodetection kits will be available through current UNDT distributor Strategic Response Initiatives, a New York based defense firm specializing in all phases of emergency preparedness planning for a wide range of defense contracts, public and private sector organizations. SRI's customers include Department of Homeland Security , U.S. State Department , U.S. Marine Corps Chemical Biological Incident Response Force (CBIRF) and NATO forces in Afghanistan .

SRI's founder and CEO Robert L. Domenici , a retired U.S. Army lieutenant colonel, is credited with charting H.I.R.E. in 2005 while he served on the WMD Task Force . Established in the wake of September 11th , H.I.R.E. addresses the problems associated with numerous individual procurement requests requiring sensitive grant money for approved products. With H.I.R.E., state and municipal entities can procure equipment without a formalized bid process, resulting in discounted manufacturer costs and a comprehensive, ready-to-order catalog contract with a variety of products, manufacturers and competitive pricing.

In addition to New York State , the contract is reciprocal in 14 other states, including California , Virginia , Massachusetts , Florida and Arizona .

Universal Detection Technology's kits, recently certified by DHS as an "Approved Product for Homeland Security" under the Support Anti-terrorism by Fostering Effective Technologies (SAFETY) Act of 2002, are the industry's only hand-held assay designed to detect and identify up to five separate threats using one sample in a single, easy-to-use device. The kits equip first responders with an effective tool for the rapid onsite detection of up to five biological warfare agents: anthrax, ricin, botulinum toxin, Y. pestis (plague) and Staphylococcal Enterotoxin B (SEB). Detection time is under three minutes.

For more information, please visit www.udetection.com or email info@udetection.com.

About Universal Detection Technology

Universal Detection Technology is a developer of monitoring technologies, including bioterrorism detection devices. The company on its own and with development partners is positioned to capitalize on opportunities related to Homeland Security. For example, Universal Detection Technology , in cooperation with NASA , has developed a bacterial spore detector that detects certain biohazard substances. The company is also a reseller of handheld assays used for detection of five bioterrorism agents, radiation detection systems, and antimicrobial products. www.udetection.com.

Forward-Looking Statements

Except for historical information contained herein, the statements in this news release are forward-looking statements that involve known and unknown risks and uncertainties, which may cause the Company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.

About Strategic Response Initiatives (SRI)

Strategic Response Initiatives, LLC (SRI) was initially organized in November of 2005 as a Limited Liability Corporation providing procurement and domestic disaster preparedness training services; As a logical outgrowth of these activities, SRI now assists and supplies various military, firefighting, police, emergency medical services (EMS) and other First Responder organizations worldwide, with their critical equipment, equipment support, equipment specific training, tactical training and information technology needs.

SRI is seeking to become the leading integrator of proven and emerging technologies in the area of specialized logistics management, security assistance and training as well as environmental and disaster preparedness equipment systems and training for military, government and corporate use. www.strategicri.com.

Contacts Media Contact(s): The Pollack PR Marketing Group Stefan Pollack / Jonathan Younger 310-556-4443 Email Contact Email Contact Company Contact: Universal Detection Technology Jacques Tizabi 310-248-3655 Email Contact





Ingen CEO Discusses Company Future on Live Radio GlobeNewswire    "GlobeNewswire "
YUCAIPA, Calif. , Oct. 20, 2009 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (Pink Sheets:IGNT), a leading global Medical Device Manufacturer focused on the $4B Respiratory market with their Oxyview products for the growing aging population and emerging markets for Home (DME), Hospital and Aviation industries announced today that Scott Sand , CEO of Ingen Technologies , will talk about Ingen's future on the live radio broadcast of The Money Channel's American Scene Radio scheduled for this morning at 9:42 a.m. For more information, go to http://www.moneychannel.tv/

" Ingen is growth oriented, and we have a spectacular 2010 ahead of us. With the introduction of our new Oxyview Nasal cannula, Ingen is establishing footsteps in the world of medical technology. We will have a series of live radio broadcasts scheduled from now through the middle of next year," stated Scott R. Sand , Chief Executive Officer and Chairman of the Board.

http://www.moneychannel.tv/

www.ingen-tech.com

About Ingen :

Ingen is an established medical device manufacturer with an emerging new medical product line for the respiratory market worth an estimated $4 Billion in the U.S., and $8 billion globally. The company introduced Oxyview into the respiratory market in late 2007 after securing U.S. and Foreign Patents and successful licensing with the Food & Drug Administration , and has commenced domestic and global distribution with manufacture representative organizations, and OEM partners. In 2009, the company introduced the new Oxyview Nasal Cannula for adult, children and infants. In addition to selling its respiratory products within the global medical industry, the company is selling the same products within other industries that include aviation, automotive, emergency response, military and government transportation. The company holds a Device Manufacturing License with the State of California , Department of Public Health , Food and Drug Branch as it manufacturers all of its respiratory products in the United States . There are 32 million US patients with Chronic Obstructive Pulmonary Disease (COPD), and 600 million patients worldwide. Ingen Technologies is now the largest manufacturer of in-line gravity-independent oxygen flow meters.

The Ingen Technologies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2472

Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission .

CONTACT: Ingen Technologies, Inc. Jeff Morgan 909-790-7180 www.info@ingen-tech.com

SPNG - Holding Up Well After Resumption Of Trade

SPNG, all things considered, is holding up well and back over $.03 at mid-day.  An initial surge at the open was met with support and the stock is now well off its $.02 low.  Over $1.2 million in volume today with 50 million plus shares trading hands so far.  A 50% loss is certainly a big loss, but a 75% or 90% loss is much worse, so this can be considered less worse for SPNG shareholders.

We thought this was about how SPNG would trade today, although nothing is ever assured.  This is an excerpt from our post over the weekend before SPNG resumed trade this morning:

The crash will come and the stock will bounce as there are many believers in the stock irregardless of the current issues surrounding it.

If I had to guess an open of $.01 - $.02 and then some bottom buying bringing the stock back to $.03 for a -50% day.

http://pennystockgurus.blogspot.com/2009/10/spng-news-and-sec-filings-hit-wires.html 

For longs, this might be a good opportunity to re-assess their positions as any momentum will likely wane over the coming weeks with legal battles still to be resolved.  SPNG's better days are in it's past and the future is murky with numerous obstacles to navigate.

DLAD - Play The Impending Pop?

I'm not a big fan of the companies that switch business models on a frequent basis, but with these Pink Sheet stocks you have to play with the crowd.  If a company can garner enough interest through a new business plan, or via other means, as a penny stock trader you can take this interest and use it to your advantage.  DLAD is becoming a mass media company now.  A recent press release is pasted below for your reading pleasure.

DLAV the old DLAD, undertook a significant rally a few years back from the same price range, albeit with less shares in circulation.  These days share counts seem to matter less and money volume seems to rule the day.  With a tremendous amount of money flowing into DLAD on Friday, a breakout of several 100% from here seems almost a given.

Lets not forget the history here.  The company just reverse split shares earlier this year by 1000 - 1.    There are 1.1 billion outstanding shares as of September 23rd, likely a whole bunch more since then.  They are authorized for 3 billion.  They pulled in a little over $20,000 over the first 6 months of 2009, which is nothing compared to what they can pull in selling shares in the open market, be wary of that.

From a plain and simple momentum and price perspective this stock should see $.001+ this coming week, with a blowout push over $.002 a very likely scenario.  Anyone that followed the DLAV run a while back would remember how it soared from $.0008 to over $.03 over the course of a week.  With the more bloated share structure, DLAD lwon't come close to those levels, although it is impossible to tell for sure these days.  DLAD is sitting just below its 50 day moving average.  A break above that mark would be confirmation that the stock is indeed moving higher.

Keep DLAD on your radar.


DealerAdvance Files Name Change to Become Cabal Communications Corporation
ADDISON, TX, Sep 28, 2009 (MARKETWIRE via COMTEX) -- DealerAdvance, Inc. (PINKSHEETS: DLAD) today announced that the Company has filed with the Nevada Secretary of State to change its name to Cabal Communications Corporation. In making the announcement CEO Steven Humphries said, "In August we announced that we were changing the name of the Company to Cabal Communications Corporation, to reflect our new direction to become a mass media organization. Earlier this month, we filed our name change amendment with the State of Nevada. This week we will file for the name change with FINRA as well as a new CUSIP, which may take up to six weeks to finalize. However, the change to Cabal Communications Corporation will pave the way for the company to become a full-blown media company."
In August 2009 the Company announced that it had entered the mass communications industry by purchasing Sports Page Weekly, a local Dallas/Fort Worth publication now in its eight year of publication and circulation. The Company has plans to enter into other mass communications industries, including, but not limited to broadcasting.
This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, no guarantees of the Company's future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

It's Time To Vote!

As much as we enjoy pointing out the stocks poised for a rally, we also like to point out the stocks that do nothing but take your hard earned money and turn it into nothing.  We are asking you to vote for the worst stock out there.  The one that continually drops in price, the one that has a history of large reverse splits.  A stock that is in the business of doing nothing else but issuing shares and duping investors into buying them.

Please place you vote on the poll in the top right hand column of the site.  We will do an extensive profile of the loser.

If your stock is not listed write it in via the comments section and we will add it to the poll.

SPNG - News and SEC Filings Hit The Wires Just In Time For The Resumption Of Trade

SPNG opens trade on Monday for the first time since its SEC suspension.  There is no doubt the stock price will be substantially lower than the last $.06 before the trading halt.  Will the stock hold a penny?  The crash will come and the stock will bounce as there are many believers in the stock irregardless of the current issues surrounding it.

If I had to guess an open of $.01 - $.02 and then some bottom buying bringing the stock back to $.03 for a -50% day.  That might be a rosy outcome, as the stock could just tumble below a penny and stay there until the lawsuits and auditor issues get resolved.

Either way SPNG is a mess you want to avoid.  There is no good way to spin this stock.  You're going to need a mop to clean up the carnage come Monday, but they make those right?  So everything should be ok.

The good news is the guru has been busy digging up some solid long term Pink Sheet stocks you've probably never heard of before.  Yes they do exist.  Bet you didn't know that many legitimate, household named companies, trade and report via Pink Sheets.  Why?  It's cost effective.  So for every SPGN there is an Adidas, Societe Generale, and Lukoil.

 SPNG could very well recover from this mess, or just fall back from where it came.  Only time will tell.



SpongeTech(R) Delivery Systems, Inc. Announces Class Action Lawsuits, Resignation of Deloitte & Touche LLP and Files Lawsuit Against Cresta Capital Strategies, LLC.
NEW YORK, Oct 16, 2009 (BUSINESS WIRE) -- SpongeTech(R) Delivery Systems, Inc. (the "Company" or "SpongeTech") "The Smarter Sponge(TM)" (SPNG) today announced that a lawsuit was filed on October 9, 2009 by The Rosen Law Firm, P.A., in the United States District Court for the Southern District of New York against SpongeTech, and its officers and directors, Michael L. Metter, Steven Moskowitz, Frank Lazauskas as well as RM Enterprises International, Inc. (an entity in which SpongeTech's directors and officers hold direct and/or indirect ownership interests, and of which Mr. Moskowitz and Mr. Lazauskas serve as officers and/or directors), as a purported class action suit on behalf of all purchasers of SpongeTech stock between April 15, 2008 and October 5, 2009, alleging violations of the federal securities laws. In addition, a second law firm announced that it has commenced a lawsuit in the United States District Court for the Southern District of New York on behalf of all purchasers of SpongeTech stock between April 15, 2008 and October 5, 2009, inclusive. As of the date of this release, SpongeTech has not been served in this action and has not seen a copy of the complaint.
When and if SpongeTech is served in these actions it intends to carefully review the complaints in consultation with its counsel, and prepare an appropriate defense. SpongeTech and its directors and officers believe that the allegations set forth in the complaint filed by The Rosen Law Firm are meritless and intend to defend the action vigorously.
In addition, the Company today announced that Deloitte & Touche LLP ("Deloitte") has notified the Company that it would not act as SpongeTech's independent registered public accounting firm for the Company's fiscal year ending May 31, 2010. Deloitte was scheduled to commence its review of the Company's financial statements for the quarter ended August 31, 2009, immediately following the filing of the Company's Annual Report on Form 10-K for the fiscal year ended May 31, 2009.
Furthermore, the Company has filed a lawsuit in the New York State Supreme Court, Suffolk County against Cresta Capital Strategies, LLC. ("Cresta"). The complaint alleges a breach of contract, conversion, unjust enrichment, breach of fiduciary duty and unlawful appropriation of funds. The Company is seeking compensatory damages in the amount of $2.75 million as well as punitive and exemplary damages.
In March 2009, Cresta was hired by the Company to serve as the exclusive investment banker to the Company in which Cresta was to provide advice and services concerning potential merger, acquisition and/or any business transactions. Upon modification of the agreement with Cresta, in June 2009, the Company agreed to and did provide Cresta with a $1 million cash advance which was to be used against future fees as a result of any transactions under the agreement. Cresta did provide investment banking services to the Company on the acquisition of Dicon Technologies, LLC ("Dicon") as well as introducing the Company to Getfugu, Inc. ("Getfugu"). Cresta was paid in full all fees due with regards to its participation in the Dicon transaction.
In August 2009, the Company was introduced to Getfugu by Cresta, who was serving as investment banker for both the Company and Getfugu. At the advice of Cresta, the Company entered into a definitive agreement with Getfugu to invest $4 million into Getfugu's mobile-based web search and e-commerce technology, and that the Company would be the first company to utilize Getfugu's innovative mobile search platform. An aggregate of $1.75 million had been advanced to Getfugu, soon after Getfugu rescinded the transaction and to this date has not returned the monies to the Company.
In September 2009, Cresta terminated its agreement to serve as the investment banker for the Company, waiving and forfeiting any right to the $1 million cash advance for future fees. The Company has made demand for the $1 million, but Cresta has failed to return any part of the cash advance to the Company.
The Company alleges that Cresta breached its fiduciary duty to the Company by assisting Getfugu in obtaining money from the Company and failing to conduct any reasonable due diligence on Getfugu or its officers and personnel and failing to provide the Company with any reasonable due diligence upon which to make its investment decision. The Company is seeking compensatory, punitive and exemplary damages.
About SpongeTech(R) Delivery Systems, Inc.
SpongeTech(R) Delivery Systems is a company which designs, produces, and markets unique lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages. These sponge-like products utilize SpongeTech(R)'s proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company's sponge-like products are pre-loaded with specially formulated ingredients such as soap, conditioner and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. SpongeTech(R) is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech(R) Delivery Systems, Inc. intends to globally brand its products as The Smarter Sponge(TM) .
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the fiscal year ended May 31, 2008 and the Company's Quarterly Report on Form 10-Q for the third fiscal quarter ended February 28, 2009. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
SOURCE: SpongeTech Delivery Systems, Inc.

CONTACT:          

EVFL - Does Someone Have A Scientific Calculator That Works At The Company?

Today EVFL, the stock with a seemingly endless supply of stock to sell, (1/10 of a trillion shares authorized to sell) issued a press release giving shareholders a stock dividend.  That sounds wonderful.  Shareholders of EVFL can't sell any of their shares, as their is no bid, but they get the chance of sharing in the glory of owning 1.5 million shares divided by 21 billion.  Can someone do the math on that one?  That's like giving 1.5 grams of dog meat to 21,000 pit bulls and expecting them to be happy.

Happy trading all.  Lets hope your company gives you the chance to own .000007th of a share some day via a stock dividend.




Evolution Fuels to Dividend Common Shares of Southwest Resources, Inc.
DALLAS, Oct 16, 2009 (GlobeNewswire via COMTEX) -- Evolution Fuels, Inc. (Pink Sheets:EVFL) (the "Company") today announced that the Company will dividend 1.5 million shares of the Company's ownership of common stock of Southwest Resources, Inc. (Pink Sheets:SWRS). On October 16, 2009, the Company executed a settlement agreement with Southwest Resources, which owed a debt to the Company related to a transaction during the third quarter of 2006. The settlement involved the exchange of shares of common stock in Southwest Resources for forgiveness of the debt.
As Evolution Fuels' current business focus is on the establishment of retail renewable fuel stations, the Company's management has determined to provide its shareholders with any potential upside in the equity ownership of its 1.5 million shares of Southwest Resources common stock through a dividend of the shares to its shareholders. Any shareholder of record owning at least 50,000 shares of Evolution Fuels common stock as of November 30, 2009 shall be entitled to receive a quantity of the 1.5 million shares of Southwest Resources common stock proportionate to their ownership of shares of Evolution Fuels common stock. The dividend of shares of Southwest Resources shall be in certificate form and will bear a restrictive trading legend pursuant to Rule 144.
Such dividend shall occur after Southwest Resources has published its Initial Company Information and Disclosure Statement and current financial statements to the Pink Sheets website and achieved the tier ranking of "Current Information."
About Evolution Fuels, Inc.
The Company endeavors to market renewable transportation fuels at retail fuel stations that will provide blends of ethanol ranging from 10% to 85% (E10 to E85), and biodiesel blends from 5% to 20% (B5 to B20). The Company's plan calls for the development of a chain of renewable fuel stations that extend from Texas to Mississippi that will be a combination of "Evolution Fuels"-branded fuel stations/convenience stores and western-motif truck stops modeled after the Willie's Place Truck Stop in Carl's Corner, TX. The Company's Web site is www.evolution-fuels.com.
Forward-Looking Statements Disclosure
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. In connection with the "safe harbor" provisions of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, important factors that, among others, could cause or result in actual results and experience to differ materially from the Company's anticipated results, projections, or other expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Evolution Fuels, Inc.

EWRC - When You Are Done Watching The Paint Dry, You Can Listen To The EWRC Conference Call 24/7!

Exciting News for EWRC shareholders! When your not busy wondering why a company with a $.0005 stock rejected an offer for $.019, you can listen to them explain exactly why they did - 24 hours a day 7 days a week.


More good news! There are 12 market makers sitting at $.0005. Last we posted about EWRC there were market makers willing to buy at $.0006. Notice how the price per share keeps declining? Then again who really cares, as long as you can listen to that conference call all day, every day.

eWorld Companies, Inc.: Shareholder Conference Call Recording Available 24/7 Market Wire    "US Press Releases "
LOS ANGELES, CA -- (MARKET WIRE) -- 10/16/09 -- eWorld Companies, Inc. (PINKSHEETS: EWRC) has recorded its recent special Shareholder Conference Call and made it available for listening on demand. The call includes reports from the company's CEO Henning Morales and its securities counsel regarding the Board's rejection of a recent buyout offer and an update on the company's current and future activities. Call-in information is available on eWorld's website and on the Boomerang Media Station(TM).

Mr. Morales commented, "This is the second time we have done this Shareholder Conference Call. Our first call, on Friday, October 2 , drew so many participants that we overloaded the system, leaving some callers shut out and leaving us unable to record the call. Therefore we decided to do a second version of the call, which essentially repeats and updates that information and is available for listening 24/7. We believe this call provides a great overview of the company's current and future plans and answers the bulk of questions that shareholders may have."

ABOUT EWORLD COMPANIES, INC.

eWorld Companies, Inc. markets and distributes cutting edge Internet technologies including its patent-pending Boomerang Media Station(TM), a free Internet application that features exclusive and third-party movies, music videos, webcasts and other streaming video content delivered via its unique state-of-the-art broadcast quality video player. eWorld has recently released Boomerang v4.0; begun marketing a Private Label Boomerang for profit and non-profit organizations; launched its eWorldMix Social Network and started accepting submissions for the 2nd annual eWorld Music Awards, all part of a coordinated plan for reaching initial goals of one to two million Boomerang downloads and $1,000,000+ monthly gross profits by early 2010. For more information visit www.eworldcompanies.com.

Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of eWorld Companies, Inc. , which involves risks and uncertainties. The Company's actual results could materially differ from those discussed. eWorld intends that statements about the Company's future expectations, including revenues, earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.

Contact: Henning Morales CEO (310) 471-7674

VLEN - Up 4,515% on 839 Share Trade, Where's The Request For Trade Investigation?

Does VLEN request investigations only when their share price goes down?  Then again that's a stupid question because if that were the case VLEN would have been launching investigations every day for the last 5 years.

Today VLEN was quick to press release a drop in price after reducing share liquidity to virtually zero after a 5000-1 Reverse split.  Today the stock is up 4,515% on 839 shares, which looks exactly like the share price manipulation the Company claims brought the price down - A small trade. Also the 839 size is quite strange. This should be investigated in earnest.







Valor Energy Corp. [VLEN] -- Request for Trade Investigation & Shareholder Update Market Wire    "US Press Releases "
SALMON ARM, BC -- (MARKET WIRE) -- 10/16/09 -- Valor Energy Corp. , (PINKSHEETS: VLEN), an energy development and production company, today announced that on October 15, 2009 , the Company requested the Securities and Exchange Commission ("SEC") to investigate recent trading activity the Company believes to be the improper practice of price manipulation.

On October 1, 2009 , a 5000 for 1 reverse stock split of the Company's issued and outstanding common stock went into effect, resulting in the Company's stock price trading in the $0.50 to as high as the $1.50 range. However, on October 14, 2009 , a trade of only 100 shares at a price of $0.0013 occurred, a price more than 350 times lower than the previous trade with a value of only 13 cents . The Company believes that this unscrupulous act to unfairly manipulate the price of the Company's stock is greatly damaging to shareholders and has therefore requested the SEC action.

Additional Update to our Shareholders:

We have chosen to remain subject to reporting requirements of the Securities and Exchange Commission . As such, we voluntarily provide quarterly and annual audited financial reports to our shareholders. As of fiscal year 2009, Valor has been subject to new requirements to file our quarterly and annual reports with the British Columbia Securities Commission ("BCSC") via SEDAR. The reason for this is essentially because we have parts of our operation that function in British Columbia . Although the US OTC Pink Markets does not impose specific filing deadlines, the BCSC does. Therefore, the BCSC has issued a cease trade order due to our being late in filing our annual report for fiscal year-end May 31, 2009 . As such, a few stock listing websites in the US are not listing the bid and ask prices of our stock, since their policy prevents them from doing so when the stock has a cease trade order in another jurisdiction.

As reported on Form 8-K filed on May 20, 2009 , the Company changed auditing firms, a move made necessary to better comply with these new cross-border filing requirements. This change over has resulted in certain delays in filing our current annual report. Management believes that the report will show no material change in the Company's business direction or focus and that this report, already far along in the completion process, will be filed as soon as possible.

Company CEO Sheridan Westgarde stated, "I anticipate exciting announcements in the future regarding our ongoing efforts to complete significant positive enhancements to our core-energy business, and again I wish to thank our shareholders for their support and patience!"

About Valor Energy

Incorporated in Nevada , Valor Energy Corp (PINKSHEETS: VLEN) is an energy development and production company with working interests in Texas with plans to expand into Canada . Valor Industries Ltd. , (VIL), VLEN's wholly owned Canadian subsidiary, provides proven management to VLEN to create long-term value for shareholders and partners. For more information, log on to www.valorenergy.com.

Contacts: Valor Energy Corp. Investor Relations Contact VLEN (250)-833-1985 Or Email - info@valorenergy.com

VLEN - The Company Complains To The SEC After Screwing Over Shareholders With a 5,000-1 Reverse Split

In the, you gotta be kidding me department, VLEN, formerly ticker VLRN, issued a press release stating that the stock might be the subject of unfair price manipulation. At the root of the claim is a $.13 trade at $.0013, which brought the price down 350 times lower than it was. Well MR. CEO of VLEN, when a $.13 trade can move your stock 350 times lower you've got more problems than market maker manipulation on your hand.  How about a demand for your stock?  Then again people usually don't come running to buy a stock that has just done a 5,000-1 reverse split. In contrast they actually try and salvage what little money they have left. If $.0013 was all someone was able to get then let's call that trade a pathetic and sad end of some poor shareholders investment, not a unscrupulousness act.

An investment in VLRN (now VLEN after a 5000-1 reverse split) of $220 not more than two years ago is today worth $.0013. The $.0013 trade could have been a shareholder that held on through thick and thin, through every positive and exciting press release hoping for a huge gain who finally threw in the towel and sold out for $.0013. It was a symbolic move as the trade actually cost more to execute then the $.13 it reaped. The shareholder could be waiting for VLEN to reach $.0001 so he/she can purchase 13x as much stock. There are many plausible explanations for this $.13 trade.


The bottom line is that a reputable, solid, and honest company never has to worry about such a trade occuring, let alone issue a press release about it.

With a current premarket bid of $.04 and a market maker asking $1.21 there is an obvious lack of liquidity, as is the case after any huge 5,000 - 1 share reduction.  Look for the company to address this in short order via a significant increase in outstanding shares. 






Valor Energy Corp. [VLEN] -- Request for Trade Investigation & Shareholder Update Market Wire    "US Press Releases "
SALMON ARM, BC -- (MARKET WIRE) -- 10/16/09 -- Valor Energy Corp. , (PINKSHEETS: VLEN), an energy development and production company, today announced that on October 15, 2009 , the Company requested the Securities and Exchange Commission ("SEC") to investigate recent trading activity the Company believes to be the improper practice of price manipulation.

On October 1, 2009 , a 5000 for 1 reverse stock split of the Company's issued and outstanding common stock went into effect, resulting in the Company's stock price trading in the $0.50 to as high as the $1.50 range. However, on October 14, 2009 , a trade of only 100 shares at a price of $0.0013 occurred, a price more than 350 times lower than the previous trade with a value of only 13 cents . The Company believes that this unscrupulous act to unfairly manipulate the price of the Company's stock is greatly damaging to shareholders and has therefore requested the SEC action.

Additional Update to our Shareholders:

We have chosen to remain subject to reporting requirements of the Securities and Exchange Commission . As such, we voluntarily provide quarterly and annual audited financial reports to our shareholders. As of fiscal year 2009, Valor has been subject to new requirements to file our quarterly and annual reports with the British Columbia Securities Commission ("BCSC") via SEDAR. The reason for this is essentially because we have parts of our operation that function in British Columbia . Although the US OTC Pink Markets does not impose specific filing deadlines, the BCSC does. Therefore, the BCSC has issued a cease trade order due to our being late in filing our annual report for fiscal year-end May 31, 2009 . As such, a few stock listing websites in the US are not listing the bid and ask prices of our stock, since their policy prevents them from doing so when the stock has a cease trade order in another jurisdiction.

As reported on Form 8-K filed on May 20, 2009 , the Company changed auditing firms, a move made necessary to better comply with these new cross-border filing requirements. This change over has resulted in certain delays in filing our current annual report. Management believes that the report will show no material change in the Company's business direction or focus and that this report, already far along in the completion process, will be filed as soon as possible.

Company CEO Sheridan Westgarde stated, "I anticipate exciting announcements in the future regarding our ongoing efforts to complete significant positive enhancements to our core-energy business, and again I wish to thank our shareholders for their support and patience!"

About Valor Energy

Incorporated in Nevada , Valor Energy Corp (PINKSHEETS: VLEN) is an energy development and production company with working interests in Texas with plans to expand into Canada . Valor Industries Ltd. , (VIL), VLEN's wholly owned Canadian subsidiary, provides proven management to VLEN to create long-term value for shareholders and partners. For more information, log on to www.valorenergy.com.

Contacts: Valor Energy Corp. Investor Relations Contact VLEN (250)-833-1985 Or Email - info@valorenergy.com