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Friday, July 28, 2006 10:45:48 AM
NDOL -- Nord Oil International, Inc.
Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Wall Street Capital Funding LLC: Issues Fridays Stocks to Watch! July 28, 2006
Weston, FLA., Jul 28, 2006 (M2 PRESSWIRE via COMTEX) -- Wall Street News Alert's "stocks to watch" this morning are: Human Biosystems (OTCBB: HBSC), Nord Oil International/North-West Oil Group (OTC: NDOL), Cargo Connection Logistics Holding, Inc. (OTCBB: CRGO), Valentis, Inc. (NASDAQ: VLTS) and SulphCo Inc (AMEX: SUF).
Human Biosystems (OTCBB: HBSC) may be a target of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company, a developer of preservation platforms for organs and other biomaterials, issued a press release announcing that it has signed a letter of intent ("LOI") to acquire two ethanol production facility projects from EXL III Group Corporation, an equity partner in ethanol plant ventures.
News of the letter of intent may be of interest to investors! "We made the decision to enter the bio energy field because it gives HBS the potential to achieve substantial revenue and profit growth within a predictable timetable, and because the opportunity and expertise to pursue the renewable energy market exists with this acquisition," stated Harry Masuda, CEO of Human BioSystems. "This acquisition should give HBS additional financing options not previously available," continued Mr. Masuda.
Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Human Biosystems! The acquisition, which is expected to close in the fall of 2006, is subject to certain conditions, including but not limited to completion of satisfactory due diligence by HBS, the negotiation and completion of a definitive acquisition agreement and Consulting Services Agreement, approval of the HBS and EXL III boards of directors and other customary conditions. According to the press release, The LOI provides that HBS will acquire the projects from EXL III Group Corporation for restricted HBS common stock.
HBS will also enlist the services of Claude Luster III, the principal of EXL III Group Corporation, to serve as the President of a new subsidiary to be formed to develop the ethanol business.
Prior to the latest press release, the stock closed yesterday at around Nineteen cents a share.
For an in-depth profile of Human Biosystems, visit http://www.thenewssvc.com/HBSC072706.html To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit www.WallStreetNewsAlert.com, where you may also sign up to receive free email alerts in advance of our press releases being issued.
Nord Oil International/North-West Oil Group (OTC: NDOL) up 17.3 on 1.3 million shares traded.
Nord Oil International/North-West Oil Group recently announced it is completing negotiations for the acquisition of NK SaratovNefteGeofizika in an all cash deal. This acquisition shall be made in parallel with the Magma deal which was announced last week. There is a definite interest by a number of European funds to provide the necessary funding for these acquisitions.
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