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http://www.otcpicks.com/microcap.htm today to join this growing community.Our Stocks to Watch tomorrow include Earth Biofuels Inc. (OTC: EBOF), Cobalis Corp. (OTC: CLSC) and mPhase Technologies Inc. (OTCBB: XDSL).
Visit
http://www.otcpicks.com/microcap.htm to register for our Daily Market Mover's Digest Newsletter, and Email Stock Watch Alerts.EARTH BIOFUELS INCORPORATED (OTC: EBOF)
"Up 61.54% on Friday"
Earth Biofuels, Inc. (Earth) is engaged in the production, supply and distribution of alternative based fuels in the United States consisting of biodiesel, ethanol and liquid natural gas. Earth produces pure biodiesel fuel (B100) for sale directly to wholesalers, and to be used as a blend stock to make B20 biodiesel. Biodiesel is a non-toxic biodegradable diesel fuel made from soybean and other vegetable oils, and used recycled oils and fats. Earth utilizes vegetable oils, such as soy and canola oil as raw material (feedstock) for the production of biodiesel fuel. Earth's primary bio-diesel operations are located in Oklahoma and Texas. Earth also has investments in various Ethanol plants. The plants are pending construction. There were no operations as of year end December 31, 2007. In July 2008, PNG Ventures, Inc. acquired the Company's wholly owned subsidiary, New ELNG, LLC, which includes Applied LNG Technologies USA, LLC and its related LNG business.
COBALIS CORPORATION (OTC: CLSC)
"Up 56.25% on Friday"
Headquartered in Laguna Beach, California, Cobalis Corp. is an over-the-counter pharmaceutical company. Its flagship product PreHistin™ is designed to prevent the primary causes of airborne allergies, and is set for launch in February 2009. The anti-allergy market is projected to exceed $10 Billion annually by 2010, and PreHistin™ is poised to capture significant market share. PreHistin™ is singularly positioned as it is the only Phase III clinically tested sublingual anti-allergy product with demonstrated efficacy.
MPHASE TECHNOLOGIES (OTCBB: XDSL)
"Up 46.43% on Friday"
mPhase Technologies, Inc., through its wholly owned subsidiary AlwaysReady, Inc., is focused on developing and commercializing a new battery technology based on a well-patented phenomenon known as electrowetting, which provides a unique way to store energy and manage power that will revolutionize the battery industry.
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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and 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 and by reference to the underlying assumptions.
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