Innolife Pharma Inc.(fka INNP)

[I Like Bottom Fishing]

OTCPicks.com: OTCPicks.com Daily Market Movers Digest Midday Report for Monday, May 12th CABN, LLEG, INNP, CYPW, DLKM
Monday , May 12, 2008 12:42ET

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May 12, 2008 (M2 PRESSWIRE via COMTEX) -- Our Stocks to Watch today include Carbon Sciences Inc. (OTCBB: CABN), Laidlaw Energy Group Inc. (OTC: LLEG), Innolife Pharma Inc. (OTC: INNP), Cyclone Power Technologies Inc. (OTC: CYPW), Douglas Lake Minerals (OTCBB: DLKM)

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CARBON SCIENCES INCORPORATED (OTCBB: CABN) "Up 5.88% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/CABN.php

Company Profile: http://www.otcpicks.com/carbon-sciences/carbon-sciences-2.htm Carbon Sciences, Inc. focuses on developing GreenCarbon technology to convert carbon dioxide into a form that would not contribute to global warming. Its GreenCarbon technology is targeted at coal-fired electrical power plants and fuel production plants. The company was founded in 2006 as Zingerang, Inc. and changed its name to Carbon Sciences, Inc. in April 2007. Carbon Sciences, Inc. is based in Santa Barbara, California.

CABN News:

May 12 - Carbon Sciences Targets Near Term Multi-Billion Dollar Market for Its CO2 Transformation Technology

Carbon Sciences, Inc. (OTCBB: CABN), the developer of a breakthrough technology to transform harmful carbon dioxide (CO2) into high value, earth-friendly products, today announced its first application targeting a near term multi-billion dollar global market.

This initial application of the Company's technology is a process that will transform CO2 into a high value chemical compound, currently used in the manufacture of paper, pharmaceuticals and plastics. Unlike existing methods of production, Carbon Sciences' clean tech process will be carbon neutral, use less energy and result in a lower cost product.

The demand for this high value chemical compound (Precipitated Calcium Carbonate or "PCC") is projected to grow to 10 million tons by 2010, due to increased global paper consumption and construction in Asian countries. Of the forecasted total, approximately 70% of the PCC produced is expected to be used by the paper industry as brightness coating and filler.

The Company's management believes that energy and CO2 intensive industries, such as paper production, will welcome this innovative clean technology because it offers two very important benefits - lower cost and carbon neutrality. For example, a paper mill with an integrated PCC plant, based on the Company's proprietary technology, will be able to transform its own CO2 emissions into PCC for immediate use in paper production - thereby decreasing cost and CO2 emissions.

Commenting on Carbon Sciences' go-to-market strategy, Derek McLeish, the Company's CEO, said, "We are excited that the PCC market provides us with a lucrative near term opportunity. While the massive market for CO2 mitigation in coal-fired power plants may be years away, the multi-billion dollar PCC market is here and now."

Mr. McLeish further stated, "According to the International Energy Agency, the CO2 mitigation technology market is projected to reach $400 billion by 2030. In April 2008, for the first time in history, President Bush unveiled a climate change proposal suggesting that the U.S. would accept binding cuts on CO2 emissions and calling for a peak by 2023, starting with the power generation industry. We believe that by focusing our efforts on the existing multi-billion dollar PCC industry, we will be well positioned to be a major player in the even larger $400 billion CO2 mitigation market in the future. This strategy is in line with our corporate mission of enabling a carbon neutral world by transforming CO2 into high value products, one industry at a time."

LAIDLAW ENERGY GROUP (OTC: LLEG) "Up 28.57% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/LLEG.php

Laidlaw Energy is engaged in the development of independent power plants that generate electricity from renewable resources, with a particular emphasis on biomass power. Laidlaw Energy's mission is to build and manage a profitable portfolio of biomass facilities through the development of new facilities and acquisition of existing facilities, and in so doing become the leading supplier of biomass power in the United States. Laidlaw Energy is headquartered in New York, New York. For more information, visit www.LaidlawEnergy.com.

LLEG News:

May 12 - Laidlaw Energy Signs Definitive Agreement for the Purchase of New Hampshire Facility

Laidlaw Energy Group, Inc. (OTC: LLEG), through its affiliate, Laidlaw Berlin BioPower, LLC ("Laidlaw"), announced that it has entered into a definitive agreement (the "Agreement") with North American Dismantling Corp. ("NADC") to acquire the assets comprising the former Fraser Papers pulp mill located in Berlin, NH. In connection with the execution of the Agreement, Laidlaw has provided a significant "hard money" deposit to NADC in anticipation of the closing of the acquisition.

Commenting on the signing of the Agreement with Laidlaw, NADC President, Rick Marcicki, stated "We are very pleased to have reached this agreement with Laidlaw. Having worked with the principals of Laidlaw on this transaction for more than a year, I feel confident that they are the right company to execute this innovative plan for the conversion of the former Fraser pulp mill to a highly advanced biomass energy plant."

While the Agreement provides for up to 90 days for the closing of the acquisition, the parties anticipate that the closing will occur much sooner. As discussed in a news release dated 4-1-08, Laidlaw has entered into an agreement with HH Capital Advisors, LLC (www.hhcapital.com) for all of the requisite financing for the acquisition and development of the largest and most environmentally advanced biomass energy facility in the U.S. at the Berlin site.

Commenting on the signing of the Agreement, Laidlaw Berlin BioPower, LLC President and CEO Michael Bartoszek stated "We have spent considerable time negotiating this acquisition and we are very pleased with the outcome. Berlin has all of the elements of a highly successful project. We look forward to closing the acquisition as soon as possible and moving forward with the further development and construction of the project."

ABOUT THE BERLIN, NH BIOMASS-ENERGY PROJECT

The Berlin project involves the conversion of the former Fraser Paper pulp mill site into a highly advanced biomass-to-energy project that is expected to export approximately 60 megawatts of renewable energy to the New England power grid and utilize over 700,000 tons of clean wood biomass chips per annum. The project involves a capital investment of approximately $100 million and is expected to employ 40 directly and create over 500 indirect jobs. Once completed, the plant is expected to be the largest and among the most environmentally advanced biomass-energy plants in North America.

INNOLIFE PHARMA INCORPORATED (OTC: INNP) "Up 267.65% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/INNP.php

Innolife Pharma Inc.'s unique evidence-based and clinically proven centralized pain model approach focuses on reversing the endorphin, serotonin and other significant neurotransmitter pain killer depletion found in chronic pain sufferers. This results in significant long-lasting pain, insomnia and depression relief in your patients without the need for narcotics, drugs, surgery or ongoing supplementation.

INNP News:

May 12 - Innolife Pharma Provides Initial Update on Negotiations for Significant Product Joint Venture

Innolife Pharma, Inc. (OTC: INNP) has been in discussion over the previous eight months regarding the formation of a joint venture partnership. INNP has reached a point in these negotiations where final written terms have been submitted on all key issues which could lead to the Company's very first product acquisition. It should be noted that this process evolved methodically over this extended period due to the successful, long term history of the product involved, and the well-established reputation of its founding corporation.

Management anticipates additional forthcoming news and progress updates on the closing of this transaction that can complete great strides in two specific areas. One is the awarding of valuable rights to Innolife Pharma of an industry leading product. This established brand known for innovation and consistency over more than two decades can be launched in a brand new target market for the first time representing the largest market of this type on a global scale. Secondly, but of equal importance, is the solidifying of a joint venture with a partner of great quality and experience. The intention is to unite the market access and distribution capabilities of INNP with the knowledge, leadership, and existing contacts of our potential joint venture partner.

INNP will continue to reveal details of our aggressive strategy geared towards long term growth as they become available. We are confident that a partnership will emerge and start to bring in revenue in the near term based on the high level of negotiations reached with an industry leader in the information technology field. The Company believes that the size of our target market is potentially in excess of US$20 Billion. Updates will also be available on the Company's official corporate web site at www.innolifepharma.com.

CYCLONE POWER TECHNOLOGIES (OTC: CYPW) "Up 35.29% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/CYPW.php

Cyclone holds the U.S. patent, international patent applications, and exclusive commercial rights to the Cyclone Engine, an environmentally friendly and highly efficient external combustion, heat-regenerative engine. Developed by Cyclone's President and CEO, Harry Schoell, the Cyclone Engine regenerates (or recycles) its heat, which allows it to run cleaner, cooler and more efficiently than traditional internal combustion engines. The Cyclone Engine is capable of running on any liquid or gaseous fuel, including ethanol, bio-diesel and propane. The company also recently filed a patent application for its Waste Heat Engine, a low-pressure engine capable of running on heat emitted from external sources, including the waste exhaust of a power generator or renewable solar power. Both these engines are lubricated with de-ionized water instead of motor oil, and by eliminating many subsystems like oil pumps, radiators, catalytic converters and fuel injectors, the Cyclone Engines are expected to cost less to manufacture, operate and maintain. The Cyclone Engine is highly scalable and sufficiently powerful for applications ranging from lawn equipment and small home generators, large stand-alone generators, to cars, trucks, buses, RV's, boats and ships, as well as earth moving equipment and locomotives.

CYPW News:

May 12 - Cyclone Power Technologies Files Disclosure Statement

Cyclone Power Technologies Inc. (OTC: CYPW) filed its Disclosure Statement with the Pink Sheets Electronic OTC Markets. The Statement is a complete disclosure of the business, management, material agreements, capitalization and financial condition of the company, current through the most recent reporting period of March 31, 2008. Investors may view this filing on www.PinkSheets.com or www.OTCiq.com.

"We see great things for the future of our green engine technology," stated Cyclone's CEO, Harry Schoell. "As we grow and look to the capital markets, we want to make sure our shareholders have all the most current information they need to evaluate our business. We are working hard to build investor confidence."

DOUGLAS LAKE MINERALS (OTCBB: DLKM) "Up 18.42% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/DLKM.php

Douglas Lake Minerals is an emerging mineral exploration company focused on exploring and developing gold, copper, nickel, uranium and diamond mining opportunities in Tanzania. DLKM has a portfolio of 51 prospecting concessions and is negotiating to acquire an additional 80. For more information go to www.douglaslakeminerals.com.

DLKM News:

May 9 - Douglas Lake Minerals acquires massive 430 sq km alluvial gold deposit

Douglas Lake Minerals (OTCBB: DLKM) announced that it has concluded an agreement with a Tanzanian National who holds the mineral rights to four Prospecting Licenses (PL's). The PL's cover an area of 430 square kilometers, and are situated in Mbwemkuru in the Lindi Region in Southeastern Tanzania.

The area is situated in the SE margin of the Karoo Basin, where there is an interland paleo basin comprising greater than 10 meters of gold bearing gravel and sandy material. The property is currently in small-scale production by the current owner. One of the most significant prospects being a 8 km by 2km block, with high gold concentrations within 1.0 and 1.5 meter zones between the gravel's and the bedrock. Another zone, a 3 by 4 kilometer block, is covered by over 9 meters thick of gravel and sandy material from surface to bedrock. In order to determine the upside potential pertaining to these placer deposits situated in this block a systematic exploration program is planned to commence on June 1, 2008.

On a recent site visit it became obvious that the area has significant potential. The closing date of the transaction should be on or before June 30, 2008.

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Public Companies Associated with this story:
CABN CYPW DLKM INNP LLEG

Knobias Subject Codes Associated with this story:
Major Agreements Symbol/Name Change

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