AXLX Continues Its 2013 Rally From $.0003 Hitting $.0029 Today

I wrote about AXLX not long ago as the stock was breaking out.  http://pennystockgurus.blogspot.com/2013/02/axlx-surges-100-on-acquisition-news.html


Today the stock continued its upward price pressure hitting a high of $.0029 and currently trading at $.0025 a share.  It broke through major moving average resistance and looks poised to make new highs this year.

This news helped push the stock higher today:

Axiologix Enters Into $800,000 Equity Transaction With Institutional Investor Ironridge Technology Co. - Underpinning Growth And Acquisition Strategy

PR Newswire   "Press Releases US - English"

SARASOTA, Fla., Feb. 26, 2013 /PRNewswire/ --Axiologix, Inc. (www.axiologix.net) (AXLX.PK), an International Technology and Services Organization focused on delivering 'Cloud' Products and Services, today announces it has settled over $800,000 in debt and trade payables, removing these obligations from its balance sheet, in exchange for issuance of common stock to Ironridge Global Technology, an institutional investor specializing in direct equity investments in telecommunications, electronics, computer, and technology companies.

As a result of the transaction, Axiologix has turned secured debt and other strategic payables on the balance sheet into equity. This has significantly strengthened the balance sheet position that will give existing customers more confidence, support the Company's acquisition process and allow the positive cash flows currently created in the business to be focused on growth rather than debt servicing. Full details of the transaction can be found in a Supplemental Information Statement filed today at www.otcmarkets.com/stock/AXLX/filings.

Vincent Browne, Chairman and Chief Executive of Axiologix, Inc. said, "This is a hugely important event for us and comes at a great time for our Company. We recently announced the completion of a Letter of Intent to acquire a leading IP voice and data operator and having such a supportive and strong investor come into the business at this time underpins our ability to close this and other transactions. I would like to thank Ironridge for their confidence in Axiologix and our strategy and we look forward to a very rewarding partnership going forward."

"We are impressed with what Vincent and the team at Axiologix have achieved so far," commented John C. Kirkland, Managing Director of Ironridge Global Partners. "Cloud computing is growing at an unprecedented rate. Gartner predicts it will be over the $148 billion mark by 2014, much greater than Forrester's forecast of over $118 billion for the same year. Analysts and leaders in the cloud computing sector have agreed upon one thing: the global demand for hosted IT services will push cloud computing's rapid growth as cloud-based solutions continue to offer significant resolutions for organizations of all types and sizes. We are very pleased to complete this first transaction with Axiologix and look forward to an exciting future with them in this exciting sector."

About Axiologix, Inc.

Axiologix, Inc. is an International Technology and Services Organization focused on delivering Cloud-based Products and Services to small and medium sized businesses primarily in the United States and to operators globally. Axiologix is headquartered in Florida, with international operations in Dublin, Ireland. Additional information may be found at www.axiologix.net

About Ironridge Technology Co.

Ironridge Technology Co. is a division of Ironridge Global IV, Ltd. that specializes in direct equity investments in telecommunications, electronics, computer, and technology companies. Ironridge Global is an institutional investor, making direct equity investments in small cap public companies. The firm seeks to be a long-term financial partner, assisting public companies in financing operations and expansion by supplying innovative funding solutions and flexible capital. The firm does not desire to influence or control management, will not restrict use of proceeds, requires no restrictive covenants, and will never take an affiliate or control position. Ironridge Global exclusively places its trust in current management with a strong vision for accelerated growth and increased shareholder value. For more information on Ironridge Global, please visit www.IronridgeGlobal.com.

This press release contains forward-looking statements. Words such as "expects", "intends'', "believes'', and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to secure additional sources of finance, the ability to reduce operating expenses, and other factors described in the Company's filings with the OTC Markets Group. The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE Axiologix, Inc.

CNCT - ITS ALIVE

After trading quietly for the better part of  3 years CNCT came to life earlier this week as the stock opened at $.01 and soared to an amazing $.46+ price within minutes of the open.  Whoever bought those $.01's had the chance to sell them for a tremendous profit.   The stock faded after that rocket higher, but has been building up gains steadily into Fridays close.

The stock has zero news or filings that may explain the run up in price.  Traders don't seem to mind, especially those who were in early on this week.  Let's see if this

February 22nd Penny Stock Winners, Losers, Scans

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AXLX Surges 100% on Acquisition News

The stock recently hit as high as $.0013 on news its was acquiring "100% of a leading California based provider of IP voice, data and managed services to small and medium enterprises (SMEs) across the United States. ".

Let's see if the stock can break the early 2013 highs and make a move over $.002 in the short term.




Axiologix To Acquire Leading Provider Of IP Voice, Data And Managed Services With Revenues Exceeding $6M Per Year.

PR Newswire   "Press Releases US - English"

SARASOTA, Fla., Feb. 20, 2013 /PRNewswire/ -- Axiologix Inc. (www.axiologix.net), (AXLX) an International Technology and Services Organization focused on delivering 'Cloud' Products and Services today announces that it has completed a Letter of Intent to acquire 100% of a leading California based provider of IP voice, data and managed services to small and medium enterprises (SMEs) across the United States. Details of the transaction are not being disclosed until completion of the necessary due diligence, which has commenced, and signing of definitive agreements. Subject to successful completion of the above and Axiologix closing the necessary funding, the transaction is expected to close within the next 120 days.

Completion of the acquisition would bring immediate additional annual revenues in excess of $5 million to the group and is EBITDA positive. When consolidated with other pending acquisitions in the VoIP market, the combined operating costs can be reduced due to shared common services and network cost reductions, therefore generating more positive income from the existing revenue streams when combined.

Dennis Mitrano, President of Telecom Operations at Axiologix, commented, "We are pleased to announce the advancement of our stated core growth strategy. This announcement stems from a number of ongoing discussions with similar providers and marks a significant milestone in the execution of our business plan. It is a great, accretive acquisition to our existing profitable business. We are delighted with the deal and with the company and look forward to bringing this exciting company into our expanding group. The management team has achieved the hardest part in growing any business, acquiring loyal customers, some of which are household names, and achieving profitable operations. They are also growing at 20% per year and I am personally looking forward to working with them as we build a nationwide operation together."

Vincent Browne, Chairman and Chief Executive of Axiologix, said, "We look forward to finalizing this significant transaction as soon as possible and delivering on our goal of growing through acquisition of leading companies with excellent management and proven execution in this high growth market. One of the most exciting things to come from our strategy is the ability to add additional value added services, that each company has, and upsell these to the loyal customers of the other companies. This significantly reduces our new customer acquisition costs making the group more competitive overall going forward."

About Axiologix, Inc.Axiologix Inc. is an International Technology and Services Organization focused on delivering Cloud-based Products and Services to small and medium sized businesses primarily in the United States and to operators globally. Axiologix is headquartered in Florida, with international operations in Dublin, Ireland. Additional information may be found at www.axiologix.net

This press release contains forward-looking statements. Words such as "expects", "intends'', "believes'', and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to secure additional sources of finance, the ability to reduce operating expenses, and other factors described in the Company's filings with the Securities and Exchange Commission and the OTC Markets Group. The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE Axiologix, Inc.

CNCT Rises over 3,000% From .01 to over $.46

CNCT opened for trade at $.01 and swiftly soared to over .46 a share.  The 36k bought at $.01 for $360  could have been sold 1 minute later for $16,920.

That's $360 into a possible $16,920 for whoever was fortunate to get into CNCT at $.01 and out at the top at $.4735.

February 19th Penny Stock Winners, Losers, and Stock Scans

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IFHR Tacks On Another 53%

At some point this impressive rally will come to a conclusion, until then lets enjoy watching this high money flow move to the upside.

IFHR In The Middle of A Very Strong Multi-Day Rally

IFHR only a week ago sat at $.0012, today the stock nears $.02.  A $120 purchase at $.0012 is now worth closeto $2,000.  Can this rally continue next week?  There is no recent news or filings that is backing this run.  Just buyers bringing up the stock.  It should be interesting to see where it trades next week.

STDR From $.02 to $.30 in Less Than Two Days

An 8k out yesterday brought in the buyers and they continue to buy the stock today.  The stock is up from $.02 yesterday to $.30 today only an hour into the trading session.

Share Exchange Agreement Between Standard Drilling, Inc. and The E-Factor Corp.

On February 1, 2013, we entered into an Acquisition and Share Exchange Agreement (the “Exchange Agreement ” ) by and among (i) Standard Drilling, (ii) EFactor, and (iii) certain shareholders of EFactor, pursuant to which 20 holders of approximately 70% of the outstanding common stock of EFactor transferred to us 6,580,250 of the common stock of EFactor in exchange for the issuance of 50,000,000 shares (the “ Shares ” ) of our common stock and 5,000,000 shares of a yet to be created series of preferred stock to be entitled the “ Series A Convertible Preferred Stock ” (such transaction, the “ Share Exchange ” ). This transaction closed on February 11, 2013.  As a result of the Share Exchange, EFactor became our majority-owned subsidiary.  We are now a holding company with all of our operations conducted through EFactor, which primarily consist of owning, operating and administering certain assets related to a social media network, on- and offline content and interests in a subsidiary that conducts business operations such as EQMentor and certain other intellectual property, as more fully discussed herein.

PSWS Rockets 140% Higher

PureSafe Water Systems, Inc. (OTCBB: PSWS) (OTCQB: PSWS) Announces The Signing Of An Exclusive Worldwide Sales And Marketing Agreement And An Engineering Package Agreement

MacReport Media   "Press Releases"

Leslie Kessler, CEO ofPureSafeWater Systems, Inc. (OTCBB: PSWS) (OTCQB: PSWS), is pleased to announce the signing of strategic agreements with Global Equipment Marketing, Inc. ("GEM") and Engineering Technologies Group, Inc. ("ETG") ofHopkinton, MA.

These Agreements will enable the Company to expedite worldwide sales and marketing, facilitate a value engineering approach to our high quality product, and enable more efficient production of our patented purification systems for shipment anywhere in the world. This relationship can create a solid foundation upon whichPureSafecan build and develop for its future success.

Global Equipment Marketing, Inc. ("GEM")and its affiliates have been in business for over 30 years distributing large scale production and process equipment including waste water treatment sold throughout the world. GEM, operating asPureSafeWater System Sales (PWSS), will establish a worldwide distribution network drawing from their existing dealer network, adding new dealers and representatives, and establishing direct sales and alliances where appropriate to distribute thePureSafeproduct.

ETG/Engineering Technologies Group, Inc. ("ETG")is a full service engineering firm specializing in general equipment and process engineering, environmental services, and the design and supply of various engineered products. ETG will provide engineering services resulting in manufacturing specifications that will enable thePureSafeproduct to be more easily and efficiently manufactured, while maintaining a consistent high quality product. This will also be the foundation for further product lines expansion, enhancements and developments.

This unique combination of skills will helpPureSafemeet the immediate and long-term market demand for our mobile water purification systems.

LesBebchick, Chairman of GEM stated: "I am excited to representPureSafeand be in a position to aggressively market this unique and much needed product to a diversified worldwide market."

DenisRoy,Vice President of ETG added: "The engineering review and value engineering program we are embarking on will create a product that will be more easily manufactured with the highest level of quality and reliability built-in. This program will also be the foundation for an ever-expanding line of water filtration products to meet the needs of world markets."

Both GEM and ETG are investing significant resources towards this alliance withPureSafethat would not be the case if they were not convinced of the successful future that this alliance will bring forth.

AdamSeltzer,Managing Director of Dominick and Dominick, Investment Advisor toPureSafecommented: "This is a significant milestone forPureSafe. It has enabled the Company to engage two renowned firms that have significant experience and expertise on both the engineering side of the business, as well as the sales, marketing and distribution of equipment. This partnership is a major step forward and should allowPureSafeto expedite manufacturing in order to meet market demand. This relationship also givesPureSafethe ability to eventually roll-out its product worldwide without taking on the expenses of having direct sales, marketing, distribution andengineering costs 'in house.' We expect that this model will allow the Company to maximize value using the expertise of GEM and ETG to enhance its water treatment technology and expedite distribution capabilities."

From time to time, information provided by the Company (including; but not limited to this release), statements made by its employees or information included in its filings with the Securities and Exchange Commission may contain "forward -looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. With respect to such forward-looking statements, the Company claims protection under the Private Securities Litigation Reform Act of 1995. The Company's results may differ significantly from those stated in any forward-looking statements. Forward-looking statements involve a number of risks and uncertainties, including, but not limited to, product demand, pricing, market acceptance, litigation, risks in product and technology development and other risk factors detailed from time to time in the Company's Securities and Exchange Commission reports including, without limitation, its 2011 Form 10-K and Forms 10-Q. The Company does not undertake to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

CONTACT:

PURESAFE WATER SYSTEMS, INC.

LESLIE J. KESSLER

516.208.8250

FAX: 516.208.8252

INFO@PURESAFEWATERSYSTEMS.COM

WWW.PURESAFEWATERSYSTEMS.COM

SOURCEPureSafeWater Systems, Inc.

OPIX Surges over 600% Higher

ODYSSEY PICTURES CORPORATION is engaged in a full range of media and marketing related activities, including content acquisition, multi-platform distribution and corporate finance. As these lines of business grow and mature, Odyssey is well positioned in the converging global sectors of new media, entertainment and strategic marketing.

February 11th Penny Stock Winners and Losers

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WGAS Rallies 246% Off Lows on News

Worthington Energy Provides Update on VM179 Funding
New Director with Oil & Gas Experience to Move Project Forward
SAN FRANCISCO, Feb. 7, 2013 /PRNewswire via COMTEX/ -- Worthington Energy, Inc. (OTCQB: WGAS) ("Worthington" or the "Company"), an energy company engaged in the acquisition, exploration, development and drilling of oil and natural gas properties, takes this opportunity to provide its shareholders with an update on the status of the Company's Vermillion Block 179 (VM179) asset. As previously reported, in an agreement with Montecito Offshore, LLC ("Montecito") of Louisiana, Worthington acquired a 70% working interest, with a net revenue interest of 51.975%, in 546.875 acres in the Vermilion 179. Located in the shallow waters of the Gulf of Mexico offshore from Louisiana, VM179 is adjacent to Exxon's producing VM164 #A9 well.

"I am pleased to report that we received a commitment letter for an $8.5 million term loan from Ventana Group LLC," stated Mr. Charles F. Volk, Chairman of the Board and recently reappointed CEO and President of Worthington Energy, Inc. "As the terms of the commitment explain, this credit facility is dedicated to developing the VM179 lease and meeting all of Worthington's related financial commitments."

"The Ventana loan will allow us to settle existing convertible debentures related to our VM179 lease acquisition. In addition, it will provide funding for equipment and installation expenses associated with drilling and production costs of new wells," continued Mr. Volk. "$3.5 million will be available immediately upon closing and the remaining balance will be drawn down within 90 days of the initial funding, based on a schedule approved by all parties. As a result of this funding, we anticipate drilling to commence during Q2/Q3 of 2013."

"Newly appointed Board of Director's member, David Pinkman, brings more than decade of significant oil and gas exploration experience to the Company and he will be instrumental in moving the VM179 project forward," added Mr. Volk. "David is excited about the enormous upside potential that VM179 represents for our company and our valued shareholders as we bring this project to fruition."

The 2012 Reserve and Economic Evaluation on Vermilion Block 179, issued by James F Hubbard Petroleum Consultant (JFH) of New Orleans, LA, shows Gross Proved Reserves of 784.3 Thousand Barrels (Mbbl) of Oil and 2,215.4 Million Standard Cubic Feet (MMSCF) of Gas, and Net Proved Reserves of 407.6 Mbbl Oil and 1,151.5 MMSCF Gas with a Projected Future Net Revenue of $36.7 million and a Discounted Future Net Income of $20.3 million (PV-10). The report also shows Combined Gross Total Reserves for VM 179, both Proved and Probable, of 2,129.7 Mbbl Oil and 4,237.9 MMSCF Gas, and Net Total for all reserves of 1,106.9 Mbbl Oil and 2,202.7 MMSCF Gas with a Projected Future Net Revenue of $97.7 million and a Discounted Future Net Income of $55.1 million (PV-10). The Gross Reserves referenced above are to 100% working interest in the lease. The Net Reserves and all income data are to the net interests owned by Worthington. Appropriate deductions have been made for royalties and overriding royalties.

About WorthingtonWorthington engages in the acquisition, exploration, development and drilling of oil and natural gas properties. Worthington is an energy turnaround company whose strategy is to acquire cash flow producing properties with proved and probable reserves, develop the fields by reworking existing wells and drilling new wells. Worthington was founded in 2004 and is based in San Francisco, CA. More information about Worthington Energy, Inc. can be found by visiting the Company's website at www.wenergyinc.com.

Safe HarborCertain statements in this press release regarding strategic plans, expectations and objectives for future operations or results are "forward-looking statements" as defined by the Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from the results contemplated by the forward-looking statements, including the risks discussed in the Company's annual report on Form 10-K and the Company's other filings with the Securities and Exchange Commission. Factors that could cause differences include, but are not limited to, history of losses; speculative nature of oil and natural gas exploration, particularly in the Mustang Island and Vermillion 179 formations on which the Company is focused; substantial capital requirements and ability to access additional capital; ability to meet the drilling schedule; changes in tax regulations applicable to the oil and natural gas industry; results of acquisitions; relationships with partners and service providers; ability to acquire additional leasehold interests or other oil and natural gas properties; defects in title to the Company's oil and natural gas interests; ability to manage growth in the Company's business; ability to control properties that the Company does not operate; lack of diversification; competition in the oil and natural gas industry; global financial conditions; oil and natural gas realized prices; ability to market and distribute oil and natural gas produced; seasonal weather conditions; government regulation of the oil and natural gas industry, including potential regulations affecting hydraulic fracturing and environmental regulations such as climate change regulations; uninsured or underinsured risks; and material weakness in internal accounting controls. The forward-looking statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not undertake any obligation to update the forward-looking statements as a result of new information, future events or otherwise.

ContactSurety Financial Group, LLC410-833-0078

February 5th Penny Stock Winners and Losers

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YFRM Soars 161% on Acquisition News

After having traded a total of 10,000 shares all year, YFRM exchanged hands over 12 million times today with a money flow of close to $2,000,000.  The stock was up 161% from its only trade of the year at the end of January.

YaFarm Technologies, Inc. Announces a Definitive Agreement With The Integrative Stem Cell Institute
PITTSTON, ME, Feb 05, 2013 (MARKETWIRE via COMTEX) -- YaFarm Technologies, Inc. (PINKSHEETS: YFRM) (YaFarm, or the Company) is pleased to announce that it has signed a definitive agreement to acquire the Integrative Stem Cell Institute (the ISCI). The ISCI is a pioneer in the field of cell-based regenerative medicine. Combining a world-class medical facility with a state-of-the-art laboratory, the ISCI provides investigational treatments to patients as part of clinical studies, while providing long-term follow up to advance these promising therapies. The acquisition of the ISCI provides the Company with an entree into stem cell research and treatment. With the advent of regenerative medicine, clinics such as the ISCI have taken the years of scientific research and started to apply them to treatment of patients.

YaFarm Technologies CEO Brian Hermenze stated, "Since the 2012 Nobel Prize in Physiology or Medicine was awarded jointly to John B. Gurdon and Shinya Yamanaka for their work in stem cell research, we are very excited about the synergies this acquisition will bring to the Company. The ISCI has been providing point-of-care therapies to patients for over a year and operates at an internationally recognized medical facility accredited by both the Joint Commission and Accreditation Canada International. With a seasoned and successful management team in place, we believe we are creating an organization that has the capabilities to understand and support the many facets of the stem cell industry. We believe that there will be significant growth opportunities in stem cell research and treatment in the near future, and it is our intent to capitalize on them."

Juan Castillo, MD, founder of the ISCI said, "Physicians from around the world have shown that cells may have a tremendous impact on such chronic and debilitating diseases as diabetes, Parkinson's disease and Chronic Obstructive Pulmonary Disease (COPD)." Dr. Castillo continued, "The ISCI provides quality patient care and a uniquely integrated medical community. Our patients, physicians and researchers work together to provide access to innovative, point-of-care, cell-based therapies, while evidencing the regenerative capabilities of cell medicine, and delivering on the promise of adult stem cell therapies."

In addition, the Company has received final approval from the Financial Industry Regulatory Authority (FINRA) for a 4 for 1 forward stock split. To receive the dividend the investor must be a registered shareholder of record on the Company's books on or before the record date of January 18, 2013. Shareholders who were not registered as of this date will not receive the dividend. Shares of YaFarm began trading ex-dividend on January 22, 2013.

YaFarm Technologies currently has 49,857,368 shares issued and outstanding. Of the issued and outstanding, the current public float is 17,908,975 and 31,948,393 shares are restricted.

About Integrative Stem Cell Institute (ISCI) The Integrative Stem Cell Institute (ISCI) is a premier provider of point-of-care, stem cell-based therapies for patients from around the world. With a state of the art laboratory housed within the Hospital Galenia in Cancun, Mexico, the ISCI combines the most advanced scientific application of stem cells with second to none medical care within the structure of adaptive clinical trials to effectively track long term outcomes and assure patient safety.

More information on The Integrative Stem Cell Institute is available on the company's website at www.iscelli.com.

SAFE HARBOR STATEMENT

This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward looking statements are subject include, but are not limited to, the effect of government regulation, competition, adequate financing, and other material risks. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance, or achievements to be materially different from the statements made herein.

Investor Contact:
Atlanta Capital Partners, LLC
David Kugelman
(866) 692-6847
info@atlcp.com 

February 4th Winners and Losers

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KNSC up 100% on News Update

Kenergy Announces Major Business Objective Changes

PR Newswire   "Press Releases US - English"

FLEMINGTON, N.J., Feb. 4, 2013 /PRNewswire/ --Ken Glynn, President and CEO of GreenSmart Stores and Kenergy Scientific, Inc. (PINKSHEETS: KNSC), announced at an employees' meeting this past week, that the company would seek a new business entity acquisition to change its direction and its financial status. Specifically, in today's economy, he said, the average person is not willing to pay the extra costs involved in going green, and this fact has affected both the progress and the bottom line of the green business. In recognition of the realities of the present economy, Ken acknowledged the need to drastically and quickly change the business model, and to not be limited to green movement activities. He further explained that, over the past two months, he has had more than a dozen unsolicited contacts from representatives of private businesses seeking a public vehicle to expand its business. Among the businesses under consideration were oil and gas, Italian electric vehicles, high end (electronic device and accessories) vending, solar trash compactors, internet website business relating to customized GPS purposes, fishing equipment manufacturing, two different furniture stores, a silver mine, a gold mine, and even a financial markets brokerage business. He has also been encouraged by consultants to acquire a nutriceutical and/or pharmaceutical business and to move toward focused product development and sales.

Under some proposals presented, Ken would be required to sell his controlling interest in Kenergy to an incoming entity. Under all scenarios, Kenergy would likely divest the company of its current businesses. The Board of Directors and advisors of the company will participate in a detailed review process and a decision on the company's new business is expected in the near future. In the meantime, to increase revenues and/or reduce debt, Kenergy will offer all GreenSmartStore items at a 60% discount, and will advertise as such. All creditors may likewise obtain store items in bulk at the same 60% discount, to reduce debt.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:. Kenergy Scientific, Inc., Ken Glynn, CEO and President, 908 788 0077.

SOURCE Kenergy Scientific, Inc.