Thursday, April 22, 2010

Petromanas Energy Inc. announces appointment of Senior Exploration Advisor

BAAR, SWITZERLAND, Apr 22, 2010 -- Petromanas Energy Inc. ("Petromanas") (TSX-V: PMI) is pleased to announce that it has appointed Mr. Mark Cooper as Senior Exploration Advisor. Erik Herlyn, CEO comments, "Mark Cooper is one of the world's leading structural geologists exploring in fold and thrust belts and has been associated with numerous oil discoveries including the foothills of BC and Colombia. We are delighted that now Mr. Cooper is committed to successfully find oil in Petromanas' 6 blocks in Albania".

About Mark Cooper:
Mark Cooper graduated with a B.Sc. geology degree from Imperial College, London in 1974 and with a Ph.D. from Bristol University in 1977. He taught geology at University College Cork prior to joining BP in 1985 to work on structurally complex basins based in London. Mark moved to BP Canada, Calgary in 1988 where he worked on exploration in the foothills including the successful Sukunka-Bullmoose gas play in NE British Columbia. Mark also worked for BP in Colombia on the team that drilled the discovery wells on the Cupiagua, Volcanera and Florena Fields. In 1994 he joined PanCanadian and worked on the BC foothills, western Newfoundland, Quebec, the Gulf of Mexico, the Scotian Shelf and various international projects. He worked on frontier and international projects in Oman, Qatar, Yemen, Eastern Europe and Greenland after the merger that created EnCana in 2002, managing the Middle East and Global New Ventures groups for EnCana. Mark retired from EnCana as VP Middle East and Global New Ventures at the end of 2007 and now has his own consulting practice specializing in International Exploration and Structural Geology. He has published over 50 papers, co-edited a book on Inversion Tectonics and has served as an advisory editor for the Journal of the Geological Society. He was a co-winner of the CSPG Link Award in 1997, served as an AAPG Distinguished Lecturer for 1999-2000 and was a co-winner of the AAPG Matson Award in 2002. Mark is involved with both the Canadian Society of Petroleum Geologists and the AAPG serving on committees in both organizations over the last 10 years.

About Petromanas:

Petromanas Energy Inc. ("Petromanas" or the "Company") is an international oil and gas company focused on the exploration and development of its assets in Albania that possess world-class resource potential. The Company’s shares are listed on the TSX Venture Exchange under the symbol "PMI".

Through its wholly-owned subsidiary, Petromanas holds three Production Sharing Contracts ("PSCs") with the Albanian government. Under the terms of the PSCs, Petromanas has a 100% working interest in six onshore blocks (Blocks A,B,D,E,2 & 3) that comprise more than 1.7 million acres across Albania’s Berati thrust belt.

Petromanas’ acreage lies within a proven hydrocarbon system. In fact, there are nine existing oil fields within Blocks 2 & 3, including the largest onshore oil field in Europe, Patos-Marinza, discovered in 1928 and currently operated by Bankers Petroleum Ltd. The existing fields are excluded from the area covered by Petromanas’ PSCs.

Petromanas was the fist company to accumulate and merge over 5,700 kilometers of historic and reprocessed 2D seismic with newly acquired 2D seismic and well data to develop a comprehensive picture of the geological trend and associated structures. To-date the Company has identified 14 conventional exploration prospects targeting sub-thrust hydrocarbon accumulations.

In 2001, Occidental Petroleum drilled the Shpiragu-1 well on Block 2 and penetrated a 600 meter column of light oil proving the geological model of the existence of a sub-thrust related structure under the Berati thrust belt. Shpiragu-1 produced intermittently up to 400 barrels per day of light, 37° degree API oil, before the well test was terminated due to the choke freezing from hydrates which caused flow problems.

Gustavson Associates LLC ("Gustavson") of Boulder, Colorado prepared Resource and Economic Evaluation Reports (dated December 15, 2009) according to Canadian NI 51-101 standards on all six of Petromanas’ Albanian Blocks. Based on the reports prepared by Gustavson, the 14 prospects identified on Blocks A,B,D,E,2 & 3 are estimated to contain 24.9 billion barrels of P50 oil-in place and 6.1 billion barrels of P50 prospective oil resource.

The Company is planning to shoot 105 kilometers of 2D seismic on Blocks E and 125 kilometers of 2D seismic on Blocks 2 &3 prior the end of the year. Petromanas will process and interpret the new seismic and continue to mature its drillable exploration prospect inventory. A multi-drilling program is expected to commence in the first quarter of 2011.

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Kevin McKnight
101 Plaza Real South, Suite 212
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www.undiscoveredequities.com

Thursday, April 15, 2010

ICOP Awarded Minnesota State Contract

ICOP Awarded Minnesota State Contract
LENEXA, KS, Apr 15, 2010 -- ICOP Digital, Inc. (NASDAQ: ICOP), an industry-leading company engaged in advanced mobile video technology solutions, today announced that it has been awarded a state contract for in-car video, from the State of Minnesota, for state and local law enforcement.

David Owen, Chairman and CEO of ICOP, stated, "ICOP is honored to be awarded this contract that enables MN State and local agencies the ability to purchase our mobile video solutions in the most efficient manner, as it extends the pricing, terms and conditions of the State contract to state and local agencies. Given the growing emphasis on video in this region, we believe this award represents a significant win for ICOP."

Minnesota Department of Public Safety Commissioner, Michael Campion, announced during a House of Representatives legislative session in October of 2009, a new program to use $2.5 million in federal money to equip squad cars throughout the state with video cameras. According to the terms of the contract, the Minnesota Department of Public Safety (DPS) anticipates 500 - 600 digital in-car cameras will be available through a grant process for law enforcement during the first nine months of the 2010 calendar year... and is intended for vehicles used by line officers or deputies whose primary responsibility is patrolling and interacting with the public, special unit vehicles such as canine or traffic units, and vehicles used by first line supervisors responsible for supervising the officers mentioned above. Campion also said a request would likely be presented to the Legislature to establish a funding source to keep up with technological needs relating to the cameras.

This purchasing vehicle also affords any additional state or local agency the opportunity to purchase ICOP products based on pre-determined price and terms. "While this program is a great opportunity for Minnesota agencies throughout the state to experience the benefits of in-car video, it also serves as a seeding program in allowing agencies to further justify additional funds for future fleet build-outs," said Bob Bradley, Director of National Sales and Marketing. "While DPS anticipates the current program including 500 - 600 cars across the state, it could lead to the potential of thousands of cars in Minnesota," said Bradley.

In a recent article published in the Minnesota Star Tribune, the plan is described as being "backed by Gov. Tim Pawleny... with the intent... to enhance officers' encounters with the public." The article goes on to say that the "...proposal has widespread support from law enforcement across the state."

As announced in February of this year, ICOP was also awarded the state contract with the Texas Department of Information Resources (DIR) to provide a cooperative purchasing vehicle for technology products and services for agencies throughout Texas. Texas is the largest consumer of in-car video recorders in the United States. In addition to Texas and Minnesota, ICOP also has state purchasing contracts with Utah, New Mexico and Louisiana.
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Wednesday, April 14, 2010

BUYINS.NET Issues Houston American Energy SqueezeTrigger Report

Approximately 11.3 Million Shares Shorted Since August 2009
Next Squeeze Expected Above $14.19

NEWPORT BEACH, Calif., April 13, 2010 -- BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on Houston American Energy (Nasdaq:HUSA - News) after releasing the latest short sale data through April 9, 2010. The total aggregate number of shares shorted since August 2009 is approximately 11.3 million shares. The SqueezeTrigger price for all (Nasdaq:HUSA - News) shares shorted is $12.61. 47% of shares shorted have begun squeezing and 53% have yet to squeeze. Next squeeze expected above $14.19 where 824,626 shares have been shorted between $13.91 and $14.19.

Click here to view Report: http://www.buyins.com/reports/husa4-12-10.pdf
Click here to view SqueezeTrigger: http://www.buyins.com/images/husastr4-12-10.jpg
Click here to view Friction Factor: http://www.buyins.com/images/husaff4-12-10.jpg

Friction Factor is used to calculate if a fair market is being made in the shares of (Nasdaq:HUSA - News). 48% of the previous 33 trading days have been positive or bullishly-biased and 52% have been negative or bearishly-biased.

Regulation SHO requires bona-fide market making activities to include making purchases and sales in roughly comparable amounts. The Commission has stated that bona-fide market making DOES NOT include activity that is related to speculative selling strategies or investment purposes of the broker-dealer and is disproportionate to the usual market making patterns or practices of the broker-dealer in that security. Likewise, where a market maker posts continually at or near the best offer, but does not also post at or near the best bid, the market maker's activities would not generally qualify as bona-fide market making. Moreover, a market maker that continually executes short sales away from its posted quotes would generally not be considered to be engaging in bona-fide market making.

BUYINS.NET monitors HUSA market makers daily for compliance with Fair Market-Making Requirements.

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Kevin McKnight
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www.undiscoveredequities.com

Santa Fe Gold Provides Update to Shareholders

ALBUQUERQUE, N.M., Apr 14, 2010 Santa Fe Gold Corporation (OTCBB: SFEG), a U.S. based mining and exploration enterprise focused on acquiring and developing precious metals and industrial minerals properties, today provided an update to shareholders.

On March 25, 2010, Santa Fe Gold began processing operations at its flotation mill at Lordsburg, New Mexico. Commissioning of the mill is progressing satisfactorily, and the mill has demonstrated the ability to produce a marketable high-value precious metals concentrate from Summit silver-gold ore. The company is evaluating offers from smelters for the purchase of its concentrate with a view to reaching an agreement during the current quarter. Sale of concentrate is planned to begin immediately upon finalizing a sales contract.

"We are very pleased to have achieved successful concentrate production from our Lordsburg mill," said Pierce Carson, President and Chief Executive Officer. "Cash flow from this operation makes Santa Fe Gold self-supporting and provides the basis for future company growth. The mill is a key asset that allows us to execute our strategy of increasing production not only from our Summit mine but from other properties within a trucking radius of Lordsburg."
The company will shortly receive the results from a trial shipment of 3,000 tons of high-silica flux material shipped to an Arizona smelter earlier this year. If the trial is successful and a suitable flux agreement can be arranged, sales of flux material would provide an additional outlet for Summit ore, in addition to sales of the Lordsburg mill concentrate. Partial payment for the flux material previously shipped is due to be received this month.

The Summit mine is an underground silver-gold mine being developed on an epithermal vein deposit. For the past several months, in connection with mine development, Santa Fe Gold has been mining and stockpiling ore. Ore from the Summit mine is transported to the company's Lordsburg mill, where a marketable gold-silver concentrate will be produced. The mill is fully operational and will process increasing quantities of ore as mining ramps up to a planned production rate of 120,000 tons of ore per year.

The $10 million raised in January 2010 allows Santa Fe Gold to pursue acquisition of additional feed sources for expansion of the Lordsburg mill, advance the Ortiz gold project and consider acquisition opportunities. The company is formulating an accelerated program to explore the high-grade precious metals mineralization on its Summit and Lordsburg land holdings, which have excellent potential to significantly expand current reserves.
Carson stated, "With the current exciting market in gold and silver, this is a great time to be bringing a new mine on line. We see the remainder of 2010 as one of building shareholder value as we ramp up production, generate increasing cash flows, add to our resource base through exploration and acquisition, and accelerate development of our second and largest mine, the exceptional Ortiz gold deposit."

About Santa Fe Gold:
Santa Fe Gold is a U.S.-based mining and exploration enterprise focused on acquiring and developing gold, silver, copper and industrial mineral properties. Santa Fe controls: (i) the Summit mine and Lordsburg mill in southwestern New Mexico; (ii) the Ortiz gold property in north-central New Mexico, estimated to contain two million ounces of gold; (iii) the Black Canyon mica mine and processing facility near Phoenix, Arizona; and (iv) a large resource of micaceous iron oxide (MIO) in western Arizona. Santa Fe Gold intends to build a portfolio of high-quality, diversified mineral assets with an emphasis on precious metals.

To learn more about Santa Fe Gold, visit www.santafegoldcorp.com.

Undiscovered Equities is currently offering a trial subscription. For more information please call 1-800-404-8982 or visit our website at www.undiscoveredequities.com

Sincerely,

Kevin McKnight
101 Plaza Real South, Suite 212
Boca Raton, FL 33432
1-800-404-8982
www.undiscoveredequities.com

Tuesday, April 13, 2010

Undiscovered Equities Top 10 Picks for 2010

Undiscovered Equities, Inc.
101 Plaza Real South, Suite 212
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As promised, we at Undiscovered Equities would like to take this opportunity to showcase our top 10 investment opportunities for 2010. Last year we urged our subscribers to ignore the nervousness of the times and take advantage of the opportunity that the period of forced liquidation created. As our results show, it proved to be, as Warren Buffett said, “one of the greatest buying opportunities of our lifetime.” Our advice to our subscribers this year is to remain patient, have a long term outlook and continue to invest in great businesses: ones that can make huge profits and grow dramatically even in today’s economic environment. Looking ahead we expect that the market for crude oil will continue to grow, especially as certain areas of the world such as India and China continue to modernize. We feel that oil prices will trade in a range between $66 and $90 per barrel. This year however we are avoiding domestic natural gas exploration plays as we believe gas prices will remain under pressure due to the recent robust shale finds and the challenging US economic environment. In the past we have focused primarily on the energy sector, but this year we have chosen to diversify as several extraordinary opportunities have captured our attention. We expect these 10 stocks to outperform in the New Year and as always it is important to keep some cash in reserves for extraordinary opportunities.

All of us at Undiscovered Equities hope you had a great holiday season and we wish you success and prosperity in the New Year!

Endeavour Financial (TSX: EDV) $1.77 Ironically, we were introduced to Endeavour through their interest in Manas Petroleum’s giant concessions in Albania. TSX Listed Endeavour Financial is an independent merchant banking company focused on the global natural resources sector. Endeavour offers advisory services in project, corporate and debt capital markets; equity financings; mergers and acquisitions; and strategic business development. Endeavour also has a gold-focused investment strategy and seeks maximum returns by identifying, investing in and consolidating junior gold mining companies as well as some oil and gas companies. Many resource investors know the Vancouver based financier Frank Giustra. Endeavour is Giustra’s most public investment vehicle and together they have been behind some of the biggest wins in the resource market this decade, including Wheaton River Gold, Northern Orion Resources and Urasia Energy. Endeavour’s track record has been impeccable, and we think they will continue to produce significant returns for their shareholders for years to come. We also feel that the continued weakness in the dollar will add to Endeavour’s success.

Environmental Infrastructure Holdings Corp. (OTC BB: EIHC) $0.26 Environmental Infrastructure Holdings (EIHC) is the parent company of various environmental manufacturing, engineering, and services companies. Currently, EIHC has two subsidiaries Equisol, LLC and Xiom Corp. as well as investments into various joint ventures and partnerships. Recognized in 2008 by INC Magazine as the 7th fastest growing private Environmental Services Company in America, Equisol, LLC, is a unique equipment solutions provider specializing in the water and wastewater industry. Their team of top rated engineers specializes in automation equipment and services across multiple industries where water use and automation are important. From consulting and design of equipment systems, to sales, installation and maintenance services, Equisol can address their customer's needs in many diverse applications. Equisol provides cost effective equipment strategies to allow users of water and producers of wastewater to achieve profitability while focusing on their core business activities. Through Equisol's association with world technology leaders, they are able to supply a broad spectrum of high quality products. Their staff, with over 300 years of engineering experience in equipment automation, uses these technologies to select the most effective solution for their customer's applications. Other recognition that Equisol has achieved include the Entrepreneur Hot 100 Fastest New Companies in 2004, INC5000 ranking of #621 for 2007, and 2009 Philadelphia 100 recognizing the fastest growing private companies in the region. Xiom Corp. is a technology business offering delivery of plastic powder coatings at on-site locations utilizing the XIOM 1000 System. Powder coating currently is a process in which metal parts are brought into a factory environment where they are cleaned and prepared to receive a powder coating. Plastic in powder form is then applied to the various metal parts by means of an electrostatic charge that causes the powder to adhere to the surface. The coated part is then heated in an oven for a period of time to cause the plastic to melt and adhere to the substrate. Although they use plastic powder, they do not electro-statically charge that powder in order for it to adhere to a substrate. Xiom uses a different mechanism which simultaneously applies and fuses the powder to a substrate. The advantage of this process is that the coating process is totally portable and can be applied anywhere, not necessarily in a factory setting, and can be applied without use of an oven to cure the coating, and can be applied to most substrates in addition to the metal substrate to which powder coatings are traditionally applied in a factory, using an oven. The CEO of the combined entities, Mr. Michael Parrish has extensive operational and general management experience; his focus is on financial performance and strategic alliances. Prior to running Equisol, Mr. Parrish held various executive positions in several General Electric Companies where he served in positions such as General Manager for global logistics and services for GE’s Water business, and, earlier, as Managing Director for GE Capital specializing in ecommerce, six sigma, and productivity of several of GE’s equipment management groups. Prior to GE, Mr. Parrish served for 14 years active duty in the U.S. Army where he held various leadership positions of increasing responsibility as an Army Aviator culminating as a member of the Army Acquisition Corps. Mr. Parrish has a Bachelor’s degree in Engineering from the U.S. Military Academy at West Point as well as a Masters degree in Astronautically Engineering from Stanford University and an MBA with honors from the Wharton School at the University of Pennsylvania. He is the current President of the West Point Society of Philadelphia and serves on the boards of the USO of SE PA/NJ and the Delaware Valley Industrial Resources Council. We think this company is extremely undervalued given the fact that the applications for Xiom's products are virtually endless. With the addition of Mike Parish and the Equisol team we believe revenues will grow dramatically in 2010.

Far East Energy Corporation (OTC BB: FEEC) $0.46 Houston, Texas based Far East Energy Corporation together with its subsidiaries, focuses on the exploration, development, production, and sale of coalbed methane gas (CBM) in the People's Republic of China. The company owns interests in three production sharing contracts, which cover the 485,000-acre Shouyang Block in Shanxi Province; the 573,000-acre Qinnan Block in Shanxi Province; and the Enhong and Laochang areas, which total 265,000 acres, in Yunnan Province. Far East Energy has formed an alliance related to its Qinnan Block with Arrow Energy International Pte Ltd (Arrow), the Singapore-based subsidiary of Arrow Energy Limited, a large Australian CBM producer. In addition Far East recently announced that gas production from the Shouyang Block in the Shouyang Block of Shanxi Province, China, has begun and is accelerating rapidly. The Shanxi project in full development has the potential to become one of the largest CBM projects in the world. In a country that desperately needs clean energy sources, Far East Energy has the potential to produce between 10 and 20 TFC of natural gas. It is also important to note that the price of natural gas in China has gone up over the last 3 years as opposed to the US where prices have plummeted. We have been following Far East for quite some time and now more than ever we are aggressive buyers.

Gran Tierra Energy Inc. (NYSE Amex: GTE, TSX: GTE) $5.74 Gran Tierra Energy, Inc. is an international oil and gas exploration and production company operating in South America. The Company currently holds interests in producing and prospective properties in Colombia, Argentina and Peru. The Company strategy is focused on establishing a portfolio of drilling opportunities to exploit undeveloped reserves to grow production, as well as undertaking exploration drilling to grow future reserves. Current production from operations exceeds 13,000 BOPD net after royalty. The Company recently announced a capital spending program of $195 million in 2010 for exploration and production that includes the drilling of seven exploration wells in Colombia, four exploration wells in Peru and re-entry and side-tracking of a well in Argentina. The approved 2010 budget also includes funds for 2-D and 3-D seismic acquisition programs in Colombia, Peru, and Argentina and facility upgrades in Colombia and Argentina. Gran Tierra Energy had $151.6 million in cash at the end of Q3 2009 and has no debt. The 2010 work program and budget is expected to be funded from cash-flow from operations with the balance from cash on hand. This is a very strong well run company and we feel they will continue to drill economic wells as they enter next year with the largest exploration drilling program in the company's history.

Houston American Energy Corp. (Nasdaq: HUSA) $6.13 Houston American Energy Corp. is an oil and gas exploration and production company whose activities are focused on several concessions in the South American country of Colombia. Houston American continues to generate strong operating cash flow from their production base in Colombia with their interest in the Hupecol project which is currently producing over 850 net barrels of oil per day and growing. In 2009, Houston American recently added 2 extremely valuable assets to their portfolio of properties. The Company partnered up with SK Energy Co. LTD to develop the highly prolific CPO 4 Block covering 345,452 acres which is situated along the productive western margin of the Llanos Basin in Colombia. Houston American now controls 25% of the CPO 4 Block which encompasses the same structure as the Corcel block where well rates of between 2,000 and 10,000 barrels of oil per day have recently been announced. SK Energy believes the CPO 4 Block has over 100 viable drilling locations with estimated recoverable reserves of 1-4 billion barrels. A 3-D seismic program is ongoing. In 2009 Houston American also inked a substantial farmout agreement with Shona Energy (Colombia) LTD. to earn a 12.5% interest in the Serrania Block, which is adjacent to the recent Ombu discovery which contains an estimated 1 billion barrels of oil in place. With the largest exploration budget in its history approved and funded Houston American enters 2010 with considerable momentum and we feel the stock will break out to new levels.

Hyperdynamics Corporation (NYSE Amex: HDY) $0.88 Sugar Land, Texas based Hyperdynamics Corporation engages in the exploration and production of oil and gas in West Africa. It holds certain contract rights for the exploration and exploitation of oil and gas in an approximately 80,000 square kilometer concession off the coast of the Republic of Guinea. The last several months have been very exciting for Hyperdynamics as they have partnered up with 2 very strong and capable companies. First Hyperdynamics signed a binding sale and purchase agreement (S&PA) with Aberdeen, Scotland, based Dana Petroleum PLC under which Dana has agreed to acquire a 23 percent participating interest in Hyperdynamics' oil and gas concession offshore the Republic of Guinea for $19.6 million. In addition Hyperdynamics has signed an agreement for exclusive dealing and letter of intent (the "LOI") with Spain's largest oil company Repsol YPF, S.A. (BMAD: REP and NYSE: REP) under which the two companies will negotiate the assignment to Repsol a 37 percent interest in Hyperdynamics' oil and gas concession offshore the Republic of Guinea for $31.5 million. Repsol also would be the operator of the Guinea project. Ray Leonard, Hyperdynamics President and Chief Executive Officer, said, "Dana Petroleum and Repsol bring significant experience to jointly explore our concession in Northwest Africa, as Repsol and Dana have successfully partnered in the past on exploration projects in Northwest Africa. "Assuming we reach definitive agreements with Repsol, Hyperdynamics will retain a 40 percent working interest in the Guinea concession and will be in a stronger financial position, with more than $51 million upon the entry into full legal effect of the production sharing contract clarification to fund our share of 3D seismic and drilling required during the exploratory period. We look forward to working with both companies to explore and develop this large, highly prospective offshore tract." If successful, we feel this company has potential to grow into a multibillion dollar company.

ICOP Digital, Inc. (Nasdaq: ICOP) $0.44 ICOP Digital, Inc. is a leading provider of mobile video solutions for Law Enforcement, Fire, EMS, Military, and Transportation markets, worldwide. ICOP solutions help the public and private sectors improve security, reduce losses, and mitigate risks through the capture, live streaming and secure management of high quality video and audio. ICOP has already penetrated law enforcement markets in 49 states, as well as key international markets, including Mexico and Saudi Arabia. ICOP Digital is currently the only approved vendor of in-car video equipment for the Kingdom of Saudi Arabia, contracted through their Ministry of Interior. We estimate the market in Saudi Arabia to be over 100,000 security vehicles and feel ICOP has great potential to capture this and other key markets in the Middle East. A few domestic clients include Alaska State Troopers, Wyoming State Troopers, Mobile Police Department in Alabama, and Hartford Police Department in Connecticut. ICOP's products have proven to be of the utmost caliber of quality in the industry, as Raytheon recently signed a 5 year agreement to sell ICOP products worldwide. We believe this to be a game changing event for the company and partnering up with Raytheon will open up significant markets to ICOP's array of products. Globally, security continues to be a major concern, and video is proving to be a key component in the growth of the security industry. We believe significant monies will be spent to modernize current systems, worldwide. Therefore, we believe 2010 will be a breakout year for ICOP.

InterOil Corporation (NYSE: IOC) $77.07 InterOil Corporation is developing a vertically integrated energy business whose primary focus is Papua New Guinea and the surrounding region. InterOil's assets consist of petroleum licenses covering about 4 million acres, an oil refinery, and retail and commercial distribution facilities, all located in Papua New Guinea. In addition, InterOil is a shareholder in a joint venture established to construct an LNG plant on a site adjacent to InterOil's refinery in Port Moresby. Congratulations to all longs as 2009 has been a truly spectacular year for the company. With 2 world record breaking wells in Antelope we wonder what Phil will do for an encore in 2010. Although the stock price has moved significantly higher we still feel there are many short and long term catalysts that will propel InterOil to new levels. Some near term examples of the upside here are possible deals announced per China, India, Japan, etc., a possible oil find announcement, further news on the proposed condensate plant, and additional analyst coverage.

Manas Petroleum (OTC BB: MNAP) $0.55 Manas Petroleum is an international oil and gas company with primary focus on exploration and development in south-eastern Europe, Central Asia and South America. Since inception, Manas has acquired a spectacular portfolio of high impact exploration properties. In keeping with their philosophy of building a strong and enduring resource base, earlier in 2009 Manas added blocks 2 and 3 in Albania, blocks 13 and 14 in Mongolia and the Western blocks in Tajikistan, expanding their portfolio from 11 to 16 blocks in 5 countries; we now believe that Manas controls in excess of 4 Billion Barrels of Recoverable Oil. Every one of the Company’s giant projects are moving forward and maturing toward production. In Albania, Manas now controls six giant exploration blocks near Europe's largest onshore production. Independent reports from Gustavson (2008) assign (P50) of 3 billion barrels in block A, B, D and E (12.3 billion barrels of oil in place). Two of Manas' original four blocks are now drill-ready. In 2009 the council of ministers ratified the production-sharing contract on the two former Oxy blocks to DWM Petroleum, a subsidiary of Manas. These blocks are within the area where most of Bankers Petroleum's current shallow oil production derives from. Manas has the rights to explore the deeper targets in block two where Bankers is producing oil, and where in 2001 Occidental made a light oil discovery. In November Manas entered into a letter of intent to spin off a portion of its interest in its Albanian project to a TSX-V listed company WWI Resources ("WWI") which is controlled by one of the largest and most successful North American resource investors, Frank Giustra. We believe this is an excellent transaction for Manas as it will create significant shareholder value moving forward. The closing is expected to be completed during the first several weeks of the New Year. In Kyrgyzstan, Manas has signed a $54 million USD farm-out agreement with Santos LTD ADR, covering 1.2 billion barrels in place (Scott Pickford, 2005). Santos will continue to drill with Manas on their 6 shallow and deep well program in 2010. Manas' Development of its license in Tajikistan is now covered by an option farm-in agreement with Santos, where a seismic program is moving forward. In Mongolia Manas will expand their exploration with a seismic campaign to encompass approximately 20, 000 square kilometers. Additionally, to expose Manas to a much larger and more sophisticated audience, the Company is continuing to take the necessary steps to become listed on the TSX Venture stock exchange. Importantly, next year looks set to see a very significant acceleration of Manas Petroleum’s activities and surely this company has the greatest upside potential on our list.

Nutra Pharma Corporation (OTC BB: NPHC) $0.35 Nutra Pharma Corporation was founded in 2000 and is based in Plantation, Florida. The company, through its subsidiaries, operates as a biotechnology company specializing in the acquisition, licensing, and commercialization of pharmaceutical products and technologies for the management of neurological disorders, cancer, pain, autoimmune, and infectious diseases. Nutra Pharma's wholly-owned drug discovery subsidiary, ReceptoPharm, is developing proprietary therapeutic protein products primarily for the prevention and treatment of viral and neurological diseases, including Multiple Sclerosis (MS), Adrenomyeloneuropathy (AMN), and Human Immunodeficiency Virus (HIV), and pain in humans. Additionally, ReceptoPharm provides contract research services through its ISO class 5 and GMP certified facilities. The Company recently launched an Over-The-Counter (OTC) Treatment for Stage 2 (Moderate to Severe) Chronic Pain called Cobroxin. Cobroxin is the first OTC pain reliever clinically proven to treat Stage 2 (moderate to severe) chronic pain and is available as an oral spray for treating lower back pain, migraines, neck aches, shoulder pain, cramps and neuralgia and as a topical gel for treating repetitive stress, arthritis, and joint pain. Nutra Pharma also has formulated a higher dose pharmaceutical grade treatment for stage 3 (severe) pain called Nyloxin. Nyloxin Oral Spray is an oral formulation of diluted cobra venom prepared according to the requirements of the Homeopathic Pharmacopoeia of the United States (HPUS) and its supporting texts. What really drew us to this company is the exceptional management team lead by CEO Rik J Deitsch. With sales of Cobroxin ramping up, Nutra Pharma appears to be well on the way to becoming a major success. Undiscovered Equities is currently offering a complimentary trial subscription.

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Kevin McKnight 1-800-404-8982
Undiscovered Equities, Inc.
101 Plaza Real, Suite 212 Boca Raton, FL 33432
http://www.undiscoveredequities.com/

Undiscovered Equities Top 10 2009 Average Return 168%

Undiscovered Equities, Inc.
101 Plaza Real South, Suite 212
Boca Raton, FL 33432
1-800-404-8982
http://www.undiscoveredequities.com/

Undiscovered Equities Top 10 2009 Average Return 168% http://www.undiscoveredequities.com/top_168.html

Undiscovered Equities is currently offering a complimentary trial subscription.
To view our newsletter on a complimentary trial basis and take advantage of our other services go to http://www.undiscoveredequities.com/ and join our email list on our home page.

Kevin McKnight 1-800-404-8982
Undiscovered Equities, Inc.
101 Plaza Real, Suite 212
Boca Raton, FL 33432
http://www.undiscoveredequities.com/

Friday, April 9, 2010

Chairman and CEO of Manas Release Letter on Future Strategy

BAAR, SWITZERLAND, Mar 04, 2010 -- Manas Petroleum (OTCBB: MNAP) -- Chairman and CEO of Manas release letter on future strategy: Dear friends and fellow shareholders, We have closed the transaction for the financing of the Albanian project. Although structured differently, this transaction is in general consistent with Manas' business model and strategy by farming out the majority of a project while retaining an interest between 25% and 35% carried until discovery. This business model enables Manas to reduce its financial risk and still participate in the enormous up-side potential of the various projects. In the Albanian transaction Manas begins with a significant ownership interest which could increase with time and operational success to as much as 50%. Additionally, Manas retains a strong management position within Petromanas, where Manas is filling the positions of CEO and CFO and nominated 3 of the 6 seats on the board.

What does this mean for Manas? With the closing of the Albanian project financing, Petromanas has assumed Manas' debts and Manas now goes forward debt-free.

In addition to our equity participation in Petromanas, we propose to focus our attention on the exploration of our operated projects in Mongolia and Tajikistan while continuing to be a constructive partner in Kyrgyzstan.

By Santos entering into the 2nd Phase of the Kyrgyz project and providing funding in Tajikistan for the operational costs including the upcoming seismic campaign, Santos has confirmed their commitment to these projects.

We believe that the on-going carry from the farmed out projects and the returned cash from Petromanas to Manas for past investments in the Albanian exploration give us sufficient financial strength to follow this route.

Outlook: In 2010, we are looking with excitement at promising seismic campaigns in Albania and in the Western license area of Tajikistan. We are planning to spud at least 2 deep wells in Kyrgyzstan, and, additionally we are preparing to spud in Albania. Each of these projects has the potential to substantially increase the value of our projects and your investment in our company.
Additionally, in the continuing effort to expose Manas to a much larger and a more resource sophisticated audience, we are continuing to take the necessary steps to become listed on the TSX Venture stock exchange and we are already filing at SEDAR.

Our commitment to acquire, develop, drill and produce oil remains as intense, and perhaps more so, than ever. We now believe that we have the foundation in place to become a great company, discovering, developing and producing oil for years to come. It is our expectation to be shortly reporting additional progress, and we continue to look forward to the on-going reporting of progress, to you, our friends and shareholders.

Heinz J. Scholz (Chairman) Erik Herlyn (Chief Executive Officer)

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Kevin McKnight
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Manas Petroleum Tajik Seismic Program Commenced (OTCBB:MNAP)

MANAS PETROLEUM CORP. Press Release Source: Manas Petroleum Corp. On Thursday March 11, 2010, 6:04 am EST
BAAR, SWITZERLAND--(03/11/10) - Manas Petroleum Corp. ("Manas") (OTCBB:MNAP) is pleased to report that its 90% owned subsidiary CJSC Somon Oil ("Somon") has ALREADY commenced a 250 KM 2D seismic program in Tajikistan.

This seismic is to further define and analyze the extension of the Tuzluk structural trend (prospects delineated in the Kyrgyz Tuzluk license) and mature a number of Tajik prospects to drill-ready status on this trend in the Manas Western license area in Tajikistan. Somon has identified 7 large under-thrust prospects that are located close to existing oil fields and which were originally identified by soviet seismic and by a previous 123 KM 2D seismic acquired by Somon during December 2007 and June 2008. Manas believes that the potential size of the Tajik resources is similar to that of the Manas Kyrgyz license area.

Once these seismic results are processed, interpreted and integrated with the pre-existing data, which is expected during May 2010, these prospects will be considered as candidates for a 2011 deep well drilling program.

The contract for the 2D seismic program has been awarded to the large Kazakh based geophysical firm DANK Scientific Industrial ("Dank"). Dank is utilizing a 2D/3D compatible vibrator crew for the work.

Somon has established an office in Khudjand, the northern capital of Tajikistan, in order to technically supervise the program and to provide on-going local support for the licensing. The Somon Khudjant office has hired a team of qualified geophysicists and permitting experts for the acquisition process.

The total costs of the program are expected to be approximately US $ 3.0 million; these costs are funded by Santos International Ventures Pty Ltd. ("Santos") (a wholly owned subsidiary of "ASXLtd"-STO) as part of the option farm out agreement. As previously announced, in December 2007 Manas entered into an option farm out agreement with Santos for the Tajik licenses. Should Santos exercise their option to farm-in, they will fund a phased US $ 74 million seismic, exploration and appraisal drilling program, with Manas retaining a 20% carried interest. Santos may withdraw from the program after drilling four exploration wells (end of Phase 2 and US $ 51 million expenditure).

With this program, Somon will also meet all of the work and capital expenditure commitments through December 31st, 2010 for Somon's western license area.

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Sincerely,

Kevin McKnight
101 Plaza Real South, Suite 212
Boca Raton, FL 33432
1-800-404-8982
www.undiscoveredequities.com

Wednesday, April 7, 2010

Houston American Energy Addresses Stock Trading Volume and Price (NASDAQ:HUSA)

HOUSTON, April 7, 2010 -- Houston American Energy Corp. (Nasdaq: HUSA), in response to today's sharp jump in trading volume and decline in price, advised that the jump in trading volume appeared to be attributable to an internet posting questioning the valuation of the company's holdings and inferring that the company is "Set Up for Collapse." Mr. John Terwilliger, President and Chairman of Houston American, stated, "We have reviewed the internet postings in question and believe they mischaracterize our company, our management team and the very nature of our operations."

"Any inference that our company is set up for collapse is unwarranted and outrageous. We have no debt and operate with a lean overhead structure. This is consistent with our goal to identify attractive opportunities to profit alongside larger operators without having to carry the overhead of such operators. In addition, it should be noted that Houston American Energy is not a party to any litigation, nor is it aware of any threatened litigation."

"Regarding the allegations with respect to the integrity of management, such allegations are scurrilous at best. Regarding royalties received by myself and Lee Tawes, those royalties were established early in the company's life (2005) when no compensation was paid to officers and directors and we have consistently disclosed the royalties that have been paid. Moreover, I would note that since inception of the company neither I nor any member of our management or board has sold a single share of stock in our company. Allegations of some form of potential wrongdoing based on the receipt from third parties of fully disclosed royalties and unsubstantiated allegations relating to Moose Oil appear only to act as cover for the author's malicious efforts to smear our company."

"With regards to the valuation of our asset plays, we do not fix the value of those assets. However, we do stand behind the performance and track record of our partners in Colombia. Houston American along with its consortium partners sold their initial prospect in Colombia for roughly $1 billion and has an established record of finding and developing reserves in Colombia."

About Houston American Energy Corp.
Based in Houston, Texas, Houston American Energy Corp. is an independent energy company with interests in oil and natural gas wells and prospects. The Company's business strategy includes a property mix of producing and non-producing assets with a focus on Colombia, Texas and Louisiana. Additional information can be accessed by reviewing the December 31, 2009 Form 10-K, and its other periodic reports filed with the Securities and Exchange Commission. The information in this release includes certain forward-looking statements that are based on assumptions that in the future may prove not to have been accurate. Those statements, and Houston American Energy Corp., are subject to a number of risks, including production variances from expectations, volatility of product prices, the capital expenditures required to fund its operations, environmental risks, competition, government regulation, and the ability of the company to implement its business strategy. These and other risks are described in the company's documents and reports that are available from the company and the United States Securities and Exchange Commission.

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Kevin McKnight
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Undiscovered Equities, Inc.101
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Thursday, April 1, 2010

Fund Manager says Colombia could overtake Venezuela's oil production in 10 years

Colombia Reports (Hannah Stone): An emerging markets fund manager predicts that within ten years Colombia could be producing more oil than neighboring Venezuela

In an interview with CityWire, Francisco Alzuru, who runs the Hansberger Emerging Latin America Fund, predicts that "within ten years time you could potentially have Colombia producing more oil than their neighbour Venezuela."

Alzuru commented that while Venezuelan oil production is declining, Colombia's production is "growing tremendously."

Colombia's oil industry is booming thanks in part to security improvements and business-friendly policies implemented by President Alvaro Uribe, who gained office in 2002.

The Next Major Colombian Exploration Opportunity?

Houston American Energy Corp.

  • Diversified with major partners: Unique portfolio of high impact large reserve potential projects in Colombia

  • Huge exploration/development potential: Almost 900M gross acres and over 100 identified drilling projects

  • Current production of approximately 1200 boe per day

  • A proven track record: Participated in drilling over 100 wells in Colombia with a 70% success rate

  • Low cost structure: Farming into high impact plays as a non-operator has kept the corporate overhead very low

  • Experienced Management and Board of Directors with great expertise, experience and strategic relationships

  • With only 31 million shares outstanding, the per share impact of large oil discoveries will be astounding

    Website:
    www.houstonamericanenergy.com


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    Kevin McKnight
    1-800-404-8982
    Undiscovered Equities, Inc.
    101 Plaza Real, Suite 212
    Boca Raton, FL 33432
    www.undiscoveredequities.com

Disclaimer

CTI Schedules First Edible Oils Refinery Installation With Desmet Ballestra Client

LOS ANGELES, April 1, 2010 -- Cavitation Technologies, Inc. (OTC Bulletin Board: CVAT & Berlin/Stuttgart: WTC) announced today that it will install its first edible oil nano technology refining system as a result of its exclusive licensing agreement with Desmet Ballestra www.desmetgroup.com.

According to Roman Gordon, CTI's CEO, "We confirmed today that we have a target date of April 16th to install the first full capacity pilot system in a large scale vegetable oil processing plant." Mr. Gordon also commented "that this first edible oil refining system installation is being done in conjunction with industry leader Desmet Ballestra for one of its 5,000 potential clients in this sector."

Following the successful installation and client satisfaction report for this first facility, CTI and Desmet Ballestra will ramp up to sell systems to other clients using Desmet's large sales force.

About Cavitation Technologies

Cavitation Technologies, Inc. (CTI); (OTC Bulletin Board: CVAT); is a "Green-Tech" company, established in 2006 to become a world leader in the development of new cutting edge technologies for the vegetable oil refining, renewable fuel, petroleum, water treatment, wastewater sanitation, food and beverage, and chemical industries. For additional information please visit: www.cavitationtechnologies.com

Undiscovered Equities is currently offering a complimentary trial subscription.

To view our newsletter on a complimentary trial basis and take advantage of our other services go to www.undiscoveredequities.com and join our email list on our home page.

Sincerely,






Kevin McKnight
1-800-404-8982
Undiscovered Equities, Inc.
101 Plaza Real, Suite 212
Boca Raton, FL 33432
www.undiscoveredequities.com

Santa Fe Gold Begins Summit Silver-Gold Processing Operations at Its Lordsburg Mill, New Mexico

ALBUQUERQUE, N.M., Mar 25, 2010 -- Santa Fe Gold Corporation (OTCBB:SFEG), a U.S. based mining and exploration enterprise focused on acquiring and developing precious metals and industrial minerals properties, today announced it had received a license from the New Mexico Office of State Engineer to begin processing operations at its flotation mill near Lordsburg, NM. The company plans to begin immediately to treat ore from its Summit silver-gold mine and to produce a high value marketable precious metals concentrate. Over the next twelve months, the company plans to ramp up production from the mine to a rate of approximately 120,000 tons of ore per year. At full production and at current metal prices, gross revenues are projected to exceed $25 million annually (At full production and at current metal prices, net operating cash flow is projected to exceed $15 million annually).

"The start-up of processing operations is a tremendous milestone for Santa Fe Gold that we believe will generate significant revenue and provide an important basis for future company growth," said Pierce Carson, President and Chief Executive Officer. "We believe Summit's attractive silver and gold grades together with favorable mining conditions will result in relatively low operating costs and attractive operating margins, especially at current metal prices."

Carson said recent discussions with smelters have confirmed Summit concentrate will be readily marketable. The company also is exploring other potential marketing outlets for its concentrate, with the objective of maximizing economic returns. The company has not yet received the results from a trial shipment of 3,000 tons of high-silica flux material to an Arizona smelter, announced February 10, 2010.

The Summit mine is an underground silver-gold mine being developed on an epithermal vein deposit. For the past several months, in connection with mine development, Santa Fe Gold has been mining and stockpiling ore. Ore from the Summit mine is transported to the company's Lordsburg mill, where a marketable gold-silver concentrate will be produced. The mill is fully operational and will begin processing ore immediately now that an operating license related to the tailings disposal impoundment has been received.

Santa Fe Gold raised $10 million in January 2010 through a registered direct offering to institutional investors. In addition to providing working capital, these funds will allow the company to pursue acquisition of additional feed sources for expansion of the Lordsburg mill, advance the Ortiz gold project and consider acquisition opportunities.

About Santa Fe Gold:

Santa Fe Gold is a U.S.-based mining and exploration enterprise focused on acquiring and developing gold, silver, copper and industrial mineral properties. Santa Fe controls: (i) the Summit mine and Lordsburg mill in southwestern New Mexico; (ii) the Ortiz gold property in north-central New Mexico, estimated to contain two million ounces of gold; (iii) the Black Canyon mica mine and processing facility near Phoenix, Arizona; and (iv) a large resource of micaceous iron oxide (MIO) in western Arizona. Santa Fe Gold intends to build a portfolio of high-quality, diversified mineral assets with an emphasis on precious metals.

To learn more about Santa Fe Gold, visit www.santafegoldcorp.com.

Undiscovered Equities is currently offering a trial subscription. For more information please call 1-800-404-8982 or visit our website at www.undiscoveredequities.com

Sincerely,

Kevin McKnight
101 Plaza Real South, Suite 212
Boca Raton, FL 33432
1-800-404-8982
www.undiscoveredequities.com

CTI Schedules First Edible Oils Refinery Installation With Desmet Ballestra Client

LOS ANGELES, April 1, 2010 -- Cavitation Technologies, Inc. (OTC Bulletin Board: CVAT & Berlin/Stuttgart: WTC) announced today that it will install its first edible oil nano technology refining system as a result of its exclusive licensing agreement with Desmet Ballestra www.desmetgroup.com.

According to Roman Gordon, CTI's CEO, "We confirmed today that we have a target date of April 16th to install the first full capacity pilot system in a large scale vegetable oil processing plant." Mr. Gordon also commented "that this first edible oil refining system installation is being done in conjunction with industry leader Desmet Ballestra for one of its 5,000 potential clients in this sector."

Following the successful installation and client satisfaction report for this first facility, CTI and Desmet Ballestra will ramp up to sell systems to other clients using Desmet's large sales force.

About Cavitation Technologies

Cavitation Technologies, Inc. (CTI); (OTC Bulletin Board: CVAT); is a "Green-Tech" company, established in 2006 to become a world leader in the development of new cutting edge technologies for the vegetable oil refining, renewable fuel, petroleum, water treatment, wastewater sanitation, food and beverage, and chemical industries. For additional information please visit: www.cavitationtechnologies.com

Undiscovered Equities is currently offering a complimentary trial subscription.

To view our newsletter on a complimentary trial basis and take advantage of our other services go to www.undiscoveredequities.com and join our email list on our home page.

Sincerely,

Kevin McKnight
1-800-404-8982
Undiscovered Equities, Inc.
101 Plaza Real, Suite 212
Boca Raton, FL 33432
www.undiscoveredequities.com