Stocks to Watch: VIASPACE Inc. (OTCBB: VSPC), Cubic Energy, Inc. (OTCBB:QBIK) , NutraCea (OTC BB:NTRZ) , Wave Uranium (OTC BB: WAVU), i2Telecom International, Inc. (OTC BB:ITUI)
Featured Stock: VIASPACE Inc.
(OTCBB: VSPC)
Current Price (0.03)
VIASPACE ENERGY EXPANDS HS-1000 ASIAN DISTRIBUTION
WITH AGREEMENT IN KOREA
PASADENA, CA.—June 04, 2008—VIASPACE Inc. (OTCBB: VSPC), a company that transforms proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions, announced today that has entered into distribution agreements for its laser based HS-1000 VIASENSOR relative humidity instrument with WonATech of Korea. WonATech has already purchased their initial unit.
WonATech is a distributor of high technology products including fuel cell and other test equipment to both companies and universities in Korea, with additional distribution partners in Taiwan, China, Malaysia, India and Iran.
The performance of hydrogen fuel cells using a Polymer Electrolyte Membrane (PEM) depends on the moisture level of the membrane. The membrane only conducts protons when it is hydrated or moist. The moisture is provided by water vapor in the incoming air or hydrogen stream. The VIASPACE HS-1000 instrument provides real-time measurements of the amount of water vapor in these gas streams.
VIASPACE CEO Carl Kukkonen stated “WonATech is a well-known company in Korea with distribution to several other countries throughout Asia, and we are proud to have them as a partner to distribute our HS-1000 VIASENSOR product globally. We believe that the HS-1000 will help customers rapidly develop and optimize new designs for fuel cells for portable electronics and hybrid electric vehicles.”
About VIASPACE: Founded in 1998 with the objective of transforming proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions that solve today's complex problems, VIASPACE benefits from important patent and software licenses from Caltech, which manages NASA’s Jet Propulsion Laboratory. For more information, please see http://www.viaspace.com/, or contact Dr. Jan Vandersande, Director of Communications at 800-517-8050, or IR@VIASPACE.com.
Press contact: Carl Kukkonen 1-626-768-3362
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This news release includes forward-looking statements. These forward-looking statements relate to future events or our future performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Such factors include the risks outlined in our periodic filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-KSB, for the fiscal year ended December 31, 2007, as well as general economic and business conditions, the ability to acquire and develop specific projects and technologies, the ability to fund operations, changes in consumer and business consumption habits, and other factors over which VIASPACE has little or no control.
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Cubic Energy, Inc.
(OTCBB:QBIK)
Current Price (2.86)
www.WallStreetStockReview.com
DALLAS, June 3, 2008 -- Cubic Energy, Inc. (OTC BB:QBIK.OB - News) (``Cubic'' or the ``Company'') announces the Company has spud its fourth Haynesville Shale well in its northwest Louisiana acreage. The Estes 7 No. 1 spud on Monday, June 2, 2008 and will be vertically drilled to approximately 11,950 feet using a casing program with 7 5/8`` for the intermediate string. This will allow the Company to drill horizontal in the Haynesville Shale at a later date, after being vertically completed in the Haynesville Shale. The Estes 7 No. 1 is Cubic's first Haynesville Shale well to be drilled in the Company's southern acreage position of Bethany Longstreet. The Scotia Group, Inc. is an independent reservoir consulting firm with offices in Dallas and Houston, Texas. The company, its officers and employees have no financial interest in Cubic Energy, Inc. The preliminary net pay results expressed in this press release are based on interpretative evaluations of wire line logs. The actual production results are subject to a wide range of uncertainties including fracture stimulation and well completion activities. All opinions expressed herein are made pursuant to the Safe Harbor Provisions stated below.
NutraCea
(OTC BB:NTRZ)
Current Price (0.76)
www.WallStreetStockReview.com
PHOENIX, June 3 --NutraCea (OTC Bulletin Board: NTRZ - News), a world leader in stabilized rice bran (SRB), nutrient research and technology, today announced the launch of RiBran Isolate, a product targeted to the meat industry for use as a cost-effective, nutritious meat enhancer. The product launch follows the recent USDA approval of the use of SRB in specific meat products, including hot dogs, sausage and course-ground, formed meats, such as burgers and poultry patties. The USDA approval was flanked by an independent study conducted at Iowa State University, which demonstrated that RiBran Isolate provided cost savings, better yield at the production level, a decrease in purge, and an improved nutritional profile without altering the sensory attributes when added to chicken nuggets and hot dogs in the specified quantities.. NutraCea is a leader in stabilized rice bran nutrient research and dietary supplement development. Through its wholly owned subsidiary RiceX, the company manufacturers as well as distributes products and food ingredients made from Rice Bran through its proprietary technology and processes. The Company has developed intellectual property to create a range of proprietary product formulations, delivery systems and whole food nutrition products. NutraCea's proprietary technology enables the creation of food and nutrition products from rice bran, normally a wasted by-product of standard rice processing. In addition to its whole foods products, NutraCea develops families of health- promoting "nutraceuticals," including natural arthritic relief and cholesterol-lowering products. More information can be found in the Company's filings with the SEC and you can visit the NutraCea web site http://www.nutracea.com/.
Wave Uranium
(OTC BB: WAVU)
Current Price (0.31)
www.WallStreetStockReview.com
LAS VEGAS, Nev.--June 3--Wave Uranium (OTCBB: WAVU - News) (the “Company”) today announced the acquisition of a 5,414 acre mineral lease in Emery County, Utah. This area is adjacent to 1,327 WAVU mining claims on Federal lands and 1,042 acres of State Trust Lands previously leased by the Company. Wave Uranium is a Las Vegas, Nevada based exploration and development uranium company. The Company is actively acquiring world class uranium properties in prolific mining areas in North America.Wave Uranium has assembled a team of geologists and directors with proven track records in areas of mineral exploration, mining programs and accessing global capital markets.
i2Telecom International, Inc.
(OTC BB:ITUI)
Current Price (0.10)
www.WallStreetStockReview.com
ATLANTA--June 3--i2Telecom International, Inc. ("i2Telecom®") (OTCBB:ITUI), a developer of award-winning patented and innovative high-quality Voice-over-Internet Protocol ("VoIP") products and services, today announced that it has sold a selected patent, along with certain patent applications, to Sinon Data LLC for $6.5 million in cash. The patent, along with the certain patent applications sold, relate to i2Telecom International, Inc.’s Voice Service Access Module (“VSAM”), which is marketed under the VoiceStick® label. i2Telecom International, Inc. (OTCBB: ITUI - News) is a pioneer in ultra-portable high- quality Voice-over Internet Protocol (VoIP) products and services employing best-of-breed VoIP technology, and uses a combination of its own network and the Internet to deliver high-quality phone calls, streaming video and text chat. i2Telecom International provides VoiceStick®, Digital Communications Portal communications and microgateway adapters for VoIP long-distance streaming video, text chat and other enhanced communication services to subscribers. Its proprietary technology platform is compliant with the Session Initiation Protocol ("SIP") telecommunications industry standard. i2Telecom International's revenue model includes recurring monthly subscriptions and prepaid services, as well as revenue from the sale of its integrated access devices, call minute termination fees and royalties from original equipment manufacturers. For additional information visit www.i2telecom.com or www.voicestick.com or call 404-567-4750.
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