Pilgrim Petroleum Corp. (PGPM)

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OTCPicks.com Daily Market Movers Digest Stock Alerts, Monday October 2, PGPM, CSSSTF, MRDAF, STXX, RGUS

Oct 02, 2006 (M2 PRESSWIRE via COMTEX) -- Today our stock watch alerts today

include stock alerts for Pilgrim Petroleum Corporation (OTC: PGPM), China

Security & Surveillance Technology, Inc. (OTCBB: CSSTF), Meridian Company, Ltd.

(OTCBB: MRDAF), South Texas Oil Company (OTCBB: STXX), and REGI, U.S., Inc.

(OTCBB: RGUS)

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Digest Newsletter and Stock Alerts

OTC STOCK ALERTS

PILGRIM PETROLEUM CORPORATION (OTC: PGPM) "Up 22.22% at close on Friday"

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

Pilgrim Petroleum Corporation (OTC: PGPM) operates as an oil and gas exploration

and development company. It holds crude oil and natural gas properties in Texas

with interests primarily in Morgan fields, Morgan 2 fields, Douglas Mineral

Trust field, Lily Hooks field, Meldon White lease, Lockride lease, and Climax

lease, as well as in Patton and Burnett-EE leases. The company, through its

subsidiary, American Petroleum Corp., provides basic accounting, land

administration, regulatory consulting and reporting, engineering, environmental,

pumping and drilling supervision, and marketing services. Pilgrim Petroleum was

incorporated in 1998. It was formerly known as BNP Petroleum Corporation and

changed its name to Pilgrim Petroleum Corporation in 2005. The company is

headquartered in Irving, Texas.

PGPM News:

September 29 - Pilgrim Petroleum Corporation Announces Future Net Revenue and

EPS

Pilgrim Petroleum Corporation (OTC: PGPM) announced today the company's

projected EPS (Net Earnings / Outstanding Shares) $102,370,000/358,841,164 of

0.29 based on Pilgrim's Future Net Revenues estimations. Thus, the resulting EPS

multiplied by a sustainable growth rate of 25% and multiplied by the average

industry P/E ratio of 14.79 (Reuters), Pilgrim's intrinsic value or estimated

stock value should be worth $1.055 per share. This assessment doesn't include

all of Pilgrim Petroleum properties, only those in Wichita and Archer counties.

We will disclose results next quarter for the rest of our properties.

In its efforts to become a fully reporting company, Pilgrim Petroleum concluded

its initial phase of acreage resource estimation and economic valuation. It will

continue to value and put in line the additional properties recently added to

its asset portfolio, while implementing its ongoing well re-activation program.

Pilgrim Petroleum management is focused on multiple horizons with hydrocarbon

potential and is proud to communicate that the company's combined assets of

marginal wells and potential resources will create additional value to its

current and future shareholders.

Rafael Pinedo, President of Pilgrim Petroleum Corporation, commented, "Pilgrim

Petroleum is growing in a very fast pace with substantial opportunities.

Management is committed to continue our process to be listed in Canada. Pilgrim

Petroleum is looking forward to keeping investors informed of its progress and

success in 2006."

CHINA SECURITY & SURVEILLANCE TECHNOLOGY, INC. (OTCBB: CSSTF) "Up 15.52% at

close on Friday"

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

Based in Shenzhen, China, China Security & Surveillance Technology, Inc. (OTCBB:

CSSTF) manufactures, distributes, installs and maintains security and

surveillance systems through its wholly owned subsidiary, Golden Group

Corporation (Shenzhen) Limited. China Security has a manufacturing facility

located in Shenzhen and a R&D facility which leverages an exclusive

collaboration agreement with Beijing University. In addition, China Security has

built a diversified customer base through its extensive sales and service

network that includes 33 points of presence throughout the PRC.

MERIDAN COMPANY, LTD. (OTCBB: MRDAF) "Up 25.00% at close on Friday"

Detailed Quote: http://www.otcpicks.com/MRDAF.php

Meridian (OTCBB: MRDAF) is an established leader in the research/development,

manufacturing, and sales of integrative medical diagnostic equipment. The

company sells its products and equipment to a wide array of customers in the

global health care industry. The company presently holds a total of 18 worldwide

patents on its technology, and has received FDA, as well as other international

regulatory approvals for many of its products.

Meridian is committed to the ongoing global research and advancement of

integrative medical products that contribute to the better health of humanity.

SOUTH TEXAS OIL COMPANY (OTCBB: STXX) "Up 10.78% at close on Friday"

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

South Texas Oil Company (OTCBB: STXX) engages in the exploration, development,

and operation of oil and gas properties in the United States. The company has

100% working interest in the properties in the Big Foot and Kyote fields of Frio

and Atascosa Counties. As of December 31, 2005, it had interests in

approximately 135 wells, as well as had approximately 5,243.685 gross acres

under lease. The company, formerly known as Nutek Oil, Inc., was founded in 1998

and changed its name to South Texas Oil Company in 2005. South Texas is based in

Big Foot, Texas.

REGI U.S., INC. (OTCBB: RGUS) "Up 30.59% at close on Friday"

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

REGI U.S., Inc. (OTCBB: RGUS) owns the U.S. rights to the Rand Cam(TM) rotary

technology that is used in an engine that is a light weight rotary engine with

only two moving parts: the vanes (up to 12) and the rotor, compared to the 40

moving parts in a simple four-cylinder piston engine. This revolutionary design

makes it possible to produce a total of 24 continuous power impulses per one

rotation that is vibration-free and extremely quiet. The Rand Cam(TM) engine

also has multi-fuel capabilities and is able to operate using fuels including

gasoline, natural gas, hydrogen, propane and diesel. Reg Technologies Inc., the

parent company of REGI U.S., Inc., together with it, is in the process of

testing a Rand Cam(TM) diesel engine for a generator application for hybrid

electric cars and for unmanned aerial applications for the U.S. military.

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