Featured Companies: Advanced Growing Systems, Inc. OTCBB:AGWS Organic Growing Systems, Inc., a subsidiary of Advanced Growing Systems, Inc. recently announced that it has retained Double H Equipment, Inc. as its engineering, procurement and construction contractor to expand capacity at its Monticello, MS manufacturing facility. “Double H has been retained to complete construction of our 2nd line, completely install a vastly larger 3rd line, redesign the original line and enhance the storage capacity and flow of goods within the factory,” stated Mark Nichols, President, CEO of Organic Growing Systems, Inc. “Upon completion of our 2nd and 3rd lines, scheduled for early October, we anticipate a 5-7 times increase in production capacity. Currently our sales force is receiving a multitude of orders for our fertilizer product, and we believe that we will be selling at full capacity within days of our additional lines being up and running. Our past experiences with Double H have been extremely positive, they have over-delivered and under-promised on every job to date.” Double H Equipment, Inc., headquartered in Jackson MS, designs, builds and installs industrial production and conveyor equipment nationally. Double H has designed and built production lines for several industries including multiple fertilizer manufacturers. About Advanced Growing Systems, Inc. Advanced Growing Systems, Inc. is directly involved in the $66 billion dollar Green Industry. Through its two subsidiaries Advanced Nurseries, Inc. (a wholesale group of commercial nurseries) and Organic Growing Systems, Inc. (an organic fertilizer manufacturer) the company has achieved exceptional growth. Beginning from zero at inception in February of 2006, total sales have grown to approximately $10.7 million for fiscal year ending 9/30/07 up 213% from $3.4 in fiscal year ending 9/30/06. Click here to obtain additional information...   Axium Technologies, Inc. OTC:AXGI Axium Technologies, Inc. recently announced that it has completed the first phase of its TaggerTrap and Maximum Software project in the City of Garden Grove. The system was installed to protect the local community from an ever-growing graffiti tagging problem and to operate as an independent mobile surveillance system to prevent crime. The Garden Grove Police Department plans to implement the second stage of the TaggerTrap project in July 2008. Axium Technologies CEO WonSoo Chung stated, "We are pleased with our continued success in the law enforcement market. Most importantly, we are proud to offer state-of-the-art solutions that help to keep our communities safe." About Axium Technologies, Inc. Axium’s primary products include MAXIMUM Surveillance Software, which is the key solution providing interoperability for numerous digitalized security and surveillance products from diverse manufacturers. The Company’s Digital Video Recorders (DVRs) and Network Video Products (NVPs) are targeted at the Security and Surveillance segment of the gaming industry. The Company’s newest product "Tagger Trap " is a state of the art graffiti detection product, which detects and alarms local police of graffiti activity. Click here to obtain additional information...   Ecosphere Technologies, Inc. OTCBB:ESPH Ecosphere Technologies recently announced that it has signed a letter of intent to enter into an Eco-Alliance Water Recycling Pilot Program with Tulsa, Okla.-based Williams. The Letter of Intent calls for Ecosphere Technologies to provide its mobile water recycling services to Williams at select well sites in the Barnett Shale. Ecosphere and Williams will work closely to submit all forms and applications to the Texas Railroad Commission for final approval. Dennis McGuire, President of Ecosphere, stated, "We are very honored that Williams has chosen to work with Ecosphere to help preserve, protect and enhance vital water resources and the quality of the environment in the Barnett Shale." Williams’ Bob Gibson stated, "As a company, we believe in responsible development and doing things the right way. We’re committed to working with our neighbors and landowners in a manner that respects their local interests. We look forward to starting this effort, pending final approval from the Texas Railroad Commission." About Ecosphere Technologies, Inc. Ecosphere Technologies, Inc., is a diversified clean technology and services company dedicated to creating products that make life better. Ecosphere’s mission is to identify, create and incubate clean technologies that solve a significant industry challenge, improve the quality of life and the environment, and are economically viable. Ecosphere has an extensive portfolio of patented clean technologies that can be purchased and licensed for use in large-scale and sustainable applications across industries, nations and ecosystems. Click here to obtain additional information...   Falcon Technologies, Inc. OTC:FLCN Falcon Technologies, Incorporated (“Falcon” or “the Company”), a leader in design-build infrastructure services, recently announced that it has been awarded approximately $1.95 million in new projects through its wholly owned subsidiaries. These new projects represent four new awards in the Northern California region. The Company’s current backlog stands at approximately $22.15 million. William Delgado, President/CEO of Falcon Technologies, Inc., commented, “These new projects continue to solidify our backlog of business. The company was able to convert approximately $1.8 million of the backlog into revenue for the month of June. Infrastructure services throughout the Western U.S. remains strong.” About Falcon Technologies, Inc. Falcon Technologies, Inc. is a full-service infrastructure products and services company. Falcon primarily markets its products and services to the commercial/industrial Sector, Fortune 1000 companies, as well as Federal, State, and Local government. The Company’s business plan is founded on achieving external and organic growth through industry consolidation followed by integration. The Company is lead by six key executives who possess 133 years of combined experience in the telecommunications, electrical and specialty construction fields, all with proven operational track records. At present, it has successfully acquired two operating companies and intends to acquire a number of other small and medium sized infrastructure firms, with the timing and number of acquisitions contingent upon raising sufficient capital under favorable terms. Click here to obtain additional information...   GelStat Corporation OTC:GSAC GelStat Corporation, a consumer healthcare company focused on the development of over-the-counter (OTC) products for treatment of pain and inflammation, recently announced that Gerald N. Kieft has accepted the position as Chief Executive Officer and that Adrian Goldfarb has been appointed to the Company’s Board of Directors. Bill Colucci resigned from his position as the Company’s President on June 20, 2008 in order to begin the process of entering into semi-retirement and is divesting himself of various responsibilities. Mr. Colucci will remain serving on the Company’s Board of Directors. Mr. Kieft stated, "I look forward to leading GelStat and I sincerely thank Bill for his efforts at GelStat and wish him the best." Mr. Kieft and Mr. Goldfarb are co-founders of WSR Consulting, Inc. which was retained in March of 2008 to lead the turn around of the Company. At this time, neither Mr. Kieft nor Mr. Goldfarb have requested any additional compensation for their expanded duties at GelStat. Bill Colucci, President of GelStat, commented, "I first want to thank all of those who have worked tirelessly for the last couple of years in order to move this company forward. My decision to eliminate various responsibilities comes at a time that the Company is in good hands. The experience and expertise that Messrs. Kieft and Goldfarb bring will move the Company in a direction that is efficient, prudent and successful." About GelStat Corporation GelStat has a suite of effective healthcare products that address many consumer markets. Collectively, GelStat’s portfolio of products are in markets that produce over $10 billion dollars in annual sales. GelStat Migraine is a sublingually (under the tongue) administered OTC medication for acute relief from the pain and associated symptoms of migraine. GelStat™Arthritis is the second available product and utilizes GelStat’s patent pending formulation. It is provided as a daily use, sublingual dissolving tablet. The Company also has developed GelStat Sleep and GelStat Sinus. Click here to obtain additional information...   GelTech Solutions, Inc. OTCBB:GLTC GelTech Solutions, Inc. recently announced that it made a deep impression at the 26th Annual Border Governors Conference at the Universal City Hilton in Hollywood, California. GelTech’s six-member marketing team promoted its principle products to hundreds of potential buyers, public decision makers, news people, and fellow entrepreneurs from the U.S. and overseas. Hosted by Golden State Chief Executive Arnold Schwarzenegger, the Conference gathered representatives from the 10 Border States, namely California, Arizona, New Mexico, and Texas, and their counterparts south of the U.S.-Mexican frontier, including those from Baja California, Chihuahua, Sonora, and Tamaulipas. GelTech’s delegation met with officials from these territories, as well as state-level cabinet members, top advisors, mayors, and other public decision-makers from both sides of the border. "We at GelTech Solutions appreciate Governor Schwarzenegger and his staff for including us in this important gathering," said Peter Cordani, GelTech’s founder and the inventor of RootGel. "We truly appreciate the opportunity to highlight our products and make such promising new connections." About GelTech: GelTech Solutions, Inc. is an innovative, eco-friendly synthetics company that markets and sells two polymer-based products: RootGel and FireIce. RootGel is a moisture preservation solution that has applications in the agricultural industry. FireIce is a patented non-toxic water-based fire suppression product designed to suppress fires involving structures, personal property, and forest wildfires. Click here to obtain additional information...   HS3 Technologies, Inc. OTCBB:HSTH HS3 Technologies, Inc., a worldwide provider of innovative security and video monitoring solutions, recently announced the signing of an agreement with the 131-year-old American Humane Association (AHA). Under AHA’s American Humane Certified(TM) ("AHC"), AHA and HS3 Technologies plan to deploy and fully engage in the development of a Video Monitoring System ("VMS") that can expand the observations and augment the compliance with AHC standards for humane care. HS3 Technologies will conduct beta testing through the installation and integration of five VMS in production facilities and the transportation of animals that reflect the animal species and sub groups that AHC certifies. Upon successful completion of the beta testing, AHA, the leading humane certification organization in the United States, will have a system that can provide expanded, auditable observations that expands its current system of audits for humane animal handling. HS3’s technologies and integrated development of its proprietary technology (or real-time analytical technology tools) will expand the observation frequency and provide cross checks to the behavior of animals in a variety of situations that may or may not cause improper care to occur. The parties think this expanded solution can be one of the most successful ways of identifying an issue and provide immediate corrective action by the parties involved. It is the focus of these beta projects to give greater insight and develop a plan of integration that over the next few years will become a standard part of the American Humane Certified compliance program. The program eventually will encompass over 15,000 locations in North America. About HS3 Technologies, Inc. HS3 Technologies, Inc. is a national provider of innovative security solutions, headquartered in Denver, Colorado. HS3 provides technologies and services through a national authorized dealer and distribution program. Utilizing independent sales professionals, national distribution and local dealers, HS3 offers custom security solutions for commercial, residential, government and military applications. These state-of-the-art products include digital video recording technology (DVR), biometric access control (door locks), personal biometric identification units, CCTV, video monitoring centers, cellular networks, wireless mesh networks units and wireless internet-linked satellite surveillance systems. HS3 Technologies is bringing together technologies, services and people to fulfill the increasing global security needs of today and tomorrow. Click here to obtain additional information...   Knight Energy Corporation OTC:KNEC Knight Energy recently announced that its wholly-owned subsidiary, Charles Hill Drilling, Inc. purchased two drilling rigs and related assets from an unrelated party. The drilling rigs were purchased for $1,500,000 with proceeds from a recently-completed $2,500,000 debt financing. William J. Bosso, CEO of Knight, commented, "We are very pleased that we have been able to obtain additional rigging equipment. We intend to use one of these rigs to pursue drilling opportunities on our oil and gas properties." About Knight Energy Corp. Knight Energy Corp. (“Knight”) is a Maryland corporation formed in March 2006, focused on drilling exploratory and development oil and gas wells in Texas and Oklahoma. In Texas, the Company has approximately 5,000 acres that it either leases directly or has the right of first refusal. On this acreage, Knight currently has 20 producing wells, up from six in 2006 and 2007. Although there are no drilling activities yet in Oklahoma, the Company has successfully assembled approximately 1,200 acres in which it plans to commence drilling towards the beginning of 2009. Click here to obtain additional information...   Liberator Medical Holdings, Inc. OTC:LBMH Liberator Medical Holdings, Inc. recently announced record net revenues for three months ended June 30, 2008. Net revenues rose 215% to $2,444,000 compared with net revenues of $776,000 for the three months ended June 30, 2007 on a sequential basis, net revenues rose 72% from $1,425,000 for the three months ended March 31, 2008. Mark Libratore, Chief Executive of Liberator Medical, stated, "Our advertising and growth efforts continue to produce exceptional results and we are on track to break another sales record in our current quarter. Equally important, we are building a very strong base of consumable medical supply customers that are providing recurring revenue with high gross margins at a relatively low initial acquisition cost." The loss for the three months ending June 30, 2008 was $218,000 compared with $645,000 for the three months ended March 31, 2008, a decrease of $427,000. Non-cash expenses, which consisted of depreciation, amortization of loan issuance costs, stock based compensation and expenses related to warrants, was $365,000, which is included in the $218,000 loss for the three months ended June 30, 2008. Excluding the non-cash expenses of $365,000, the Company would have a non GAAP income of $148,000. Liberator is recognized for offering a simple, reliable way to purchase medical supplies needed on a regular, ongoing, repeat-order basis, with the convenience of direct billing to Medicare and private insurance. Approximately 75% of its revenue comes from supplying products to meet the rapidly growing requirements of general medical supplies, personal mobility aids, diabetes, urological, ostomy and mastectomy patients. Liberator communicates with patients and their doctors on a regular basis regarding prescriptions and supplies. Customers may purchase by phone, mail or internet, with repeat orders confirmed with the customer and shipped when needed. Click here to obtain additional information...   New Century Companies, Inc. OTCBB:NCNC New Century Companies, Inc. recently announced that it has successfully negotiated new and favorable terms for the Company’s long-term senior debt. Pursuant to the agreement, the senior lender will waive specific interest and penalties incurred from default of its original agreements. The new principal balance has been substantially reduced and the maturity extended until August 2010. Payments for the new note will commence August 1, 2008. The lender has further agreed to cancel all warrants previously issued under the original agreements in exchange for less warrants at, and above, current NCNC stock prices. "We are very appreciative to have a senior lender who had the patience and understanding to work with our company to resolve these past issues in difficult times," stated David Duquette, the Company Chief Executive. "We look forward to working with them closely in the future and I am grateful to all parties who helped to make this possible." About New Century Companies, Inc. New Century Companies, Inc. is one of the leading U.S.-based makers of machine tools, primarily vertical boring mills and large lathes such as vertical turning centers (VTCs). It specializes in re-manufacturing, starting with existing major castings and fitting them with state-of-the-art, computer-controlled equipment. These products generally cost 40% to 60% less to make than new ones. New Century passes these savings on to its customers, which include such leading manufacturers as General Electric Co., General Dynamics Corp., Siemens AG and Gardner Denver. New Century machines are used to manufacture jet engine components, airplane landing gear parts, power generation equipment, oil and gas production components and construction materials, to name just a few applications. New Century’s production facility is in Santa Fe Springs, CA. Click here to obtain additional information...   Northern Oil & Gas, Inc. AMEX:NOG Northern Oil and Gas, Inc., an exploration and production company, recently announced it has posted a second quarter net profit of $283,465 or $0.01/share on revenues of $764,528. Revenues increased 165% in the second quarter of 2008 compared to the first quarter of 2008 and general and administrative expense decreased by approximately 20%. Based on approved and pending drilling permits, Northern Oil expects to exit fiscal year 2008 on a run rate of approximately 1,100 gross barrels of oil production per day. Based on current oil prices, this equates to annualized revenue of approximately $35 million entering fiscal year 2009. General and administrative expenses are expected to remain static at approximately $2 million per year. Northern Oil expects to add substantial production growth in fiscal year 2009 in addition to the 2008 expected exit run rate. The Company controls a significant inventory of majority working interest drilling locations that can be operated by the Company in 2009. Northern Oil expects to develop its full 60,000 net acre North Dakota Bakken position through 2011, consisting of approximately 90 net wells, which expose the Company to potential reserves in excess of 45 million barrels of oil, not accounting for Three Forks/Sanish productivity, enhanced oil recovery or down spacing. As of August 5, 2008, Northern Oil has participated or is currently participating as a working interest partner in the drilling of 26 gross wells. Northern Oil has achieved a 100% success rate in wells drilled during 2008. About Northern Oil and Gas, Inc. Northern Oil and Gas, Inc. is an exploration and production company based in Wayzata, Minnesota. Our core area of focus is the Williston Basin, specifically the Mountrail County, North Dakota area Bakken Play where the company controls approximately 60,000 net mineral acres. Northern Oil’s secondary objective is conventional, 3D driven, oil and gas exploration and development throughout the Rocky Mountain region. Click here to obtain additional information...