Phoenix Associates Land Syndicate (fka PBLSQ)

[Bigfootbud]

Wednesday 05/02/2007 8:35 AM ET - M2
Wall Street News Alert's "stocks to watch" this morning are: General Metals Corp. (OTCBB: GNLM), Phoenix Associates Land Syndicate (OTC: PBLS), EDAC Technologies Corporation (OTCBB: EDAC), Environmental Control Corporation (OTCBB: EVCC) and Southwall Technologies Inc. (OTCBB: SWTX).


Wall Street Capital Funding LLC: Hot Stock Alert Issued on GNLM! May 2, 2007
Wednesday 05/02/2007 8:35 AM ET - M2
Wall Street News Alert's "stocks to watch" this morning are: General Metals Corp. (OTCBB: GNLM), Phoenix Associates Land Syndicate (OTC: PBLS), EDAC Technologies Corporation (OTCBB: EDAC), Environmental Control Corporation (OTCBB: EVCC) and Southwall Technologies Inc. (OTCBB: SWTX).

General Metals Corporation (OTCBB: GNLM) is out with great news this morning! This morning the company has announced that it is appearing today in the Corporate News Section of Investors Business Daily (IBD), for Wednesday May 2, 2007 print. Furthermore, the company also announced that its wholly owned subsidiary Mikite Gold Resources has received an offer from the Minerals Commission in Ghana to have its 150 sq. km. Nyhinahin mineral concession upgraded from a reconnaissance license to a full prospecting license.

The Nyinahin mining concession, near Bibiani, Ghana, has the mineral rights for gold, diamonds and base metals. The property shares borders with several major mining companies, including Newmont Mining, Napoli Gold and Dunkwa Continental Goldfields. The district is home to the famous Ashanti Goldfields-Obuasi Mines and is one of the most active exploratory areas in the world. Newmont Mining, alone, plans to spend three billion dollars exploring for gold and developing gold mines in Ghana.

Steve Parent, General Metals President and CEO comments: "This acquisition gives us an operational Ghanaian corporation and a group of interested shareholders familiar with the area to assist in the development. The upgraded status allows us to conduct substantially more exploration than was previously allowed. This infrastructure will enable us to aggressively seek to acquire additional mining properties in the area as they become available. We are currently reviewing a fully permitted gold mine that may be available on favorable terms that is in the Confidentially stage at this time. Having Newmont as a neighbor gives us added confidence as well."

Dan Forbush, CPA,MBA and the Company's CFO said: "Acquisitions were the method we used at Glamis to rapidly grow the operations of the Company and we are of the same mind here at General. We are studying several near term production opportunities in Nevada, Ghana, Mexico and Columbia at this time.

See the company's press release for full details of the acquisition terms.

Wall Street News Alert is continuing to place Aggressive Investors on alert to monitor the progress of General Metals! General Metals Corporation controls 100% of the Independence claims, which are completely surrounded by Newmont Mining's Phoenix Mine and is a 240-acre island with legal access. Newmont enjoys 8.5 million ounces of gold and 660 million pounds of copper in reserves with substantial additional mineralized material, which is target to be upgraded. The Phoenix Mine is the largest operating gold mine in the US.

GNLM stock closed Tuesday at around Twenty-Nine cents.

For Wall Street News Alert's in-depth and updated profile of General Metals Corporation, visit: http://www.thenewssvc.com/GNLM050207.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.

Phoenix Associates Land Syndicate (OTC: PBLS) up 3.7% on 14.3 million shares traded.

Phoenix Associates Land Syndicate (PBLS) is a public holding company, with thousands of stockholders, that has purchased motivated companies in order to enhance its assets and income basis. Since 1978, PBLS has developed assets and/or interests in aviation, sand & gravel, soil products, land development, oil and natural gas, commodity brokering, plumbing, trucking, contract hauling, construction, swimming pool construction and construction related industries. On May 1st 2007, the company announced that its Murphy Sand & Gravel (MS&G) mine at Pearl River, LA is installing a new production operation that is expected to increase its production capability by 130%. The company indicated that the new production operation with the capacity to produce up to 350 tons per hour of material will be in production in three to four weeks.

EDAC Technologies Corporation (OTCBB: EDAC) up 15.79% on 345,000 shares traded.

EDAC Technologies Corporation is a diversified manufacturing company primarily offering (i) design and manufacturing services for the aerospace industry in such areas as jet engine parts, special tooling, equipment, gauges and components used in the manufacture, assembly and inspection of jet engines (ii) high-precision fixtures, gauges, dies and molds and (iii) the design, manufacture and repair of precision spindles, which are an integral part of numerous machine tools found in virtually every manufacturing environment. On April 30th 2007, the company reported record results for the first quarter of 2007. Sales for the first quarter of 2007 were $12,316,000 and net income was $781,000 or $0.16 per diluted share, versus sales of $9,596,000 and net income of $293,000 or $0.06 per diluted share for the first quarter of 2006. Income from operations increased to $1,430,000 in 2007 from $611,000 in 2006. The first quarter of 2006 included costs of $226,000 associated with expansion of our manufacturing capacity by approximately 24,000 square feet and other non- recurring expenses.

Environmental Control Corporation (OTCBB: EVCC) up 38% on 1.5 million shares traded.

Environmental Control Corporation is a developer of Emission Control Devices for small Spark Ignition (SI) combustion engines. Typical devices within this spectrum include: walk behind rotary mowers, rear engine riding mowers, front engine lawn tractors, riding garden tractors, snow throwers, commercial turf mowers, chainsaws, hand held blowers, backpack blowers, trimmers/brush cutters, mopeds, scooters, snowmobiles, all-terrain vehicles and personal water crafts. Small SI engines produce approximately one tenth of U.S. mobile source hydrocarbon (HC) emissions and are the largest single contributor to non road HC inventories. On May 1st 2007, the company was pleased to announce that durability testing on the two-stroke, 185cc Rotax engine is scheduled to begin on May 17th, 2007 at Carnot Emission Services (CES). The testing process is expected to take two to four weeks, and test results are to be provided shortly after. During this test, the engine will be encased in its original frame and will be allowed to operate naturally in a controlled environment. The engine will be brought into the test cell only at pre-determined, EPA and CARB stipulated intervals for emission readings, after which it will be returned to its natural setup for the continuance of testing. As an alternative to rigidly mounting the engine to a test bed, this method will accommodate the engine's full range of movement, and will bypass any vibration issues -- the cause of the recent delay. This strategy is entirely in compliance with both EPA and CARB certification standards.

Southwall Technologies Inc. (OTCBB: SWTX) up 2.7% on 229,000 shares traded.

Southwall Technologies Inc. designs and produces thin film coatings that selectively absorb, reflect or transmit light. Southwall products are used in a number of automotive, electronic display and architectural glass products to enhance optical and thermal performance characteristics, improve user comfort and reduce energy costs. On April 30th 2007, the company announced first quarter 2007 revenue of $10.5 million, up 5% from the first quarter of 2006 and up 14% from the fourth quarter of 2006. The increase was primarily due to higher revenues in the automotive and window film markets, and was partially offset by a slight decrease in revenues from the electronic display market. First quarter 2007 net income of approximately $232,000 was a breakeven per fully diluted share, as compared with a net loss of approximately $1,327,000 or ($0.05) per fully diluted share, in the first quarter of 2006. This increase was primarily due to an increasing revenue contribution from higher gross margin markets and lower operating expenses. First quarter 2007 gross margin was 42%, up 5 percentage points from the first quarter 2006, primarily due to improving yields and the successful transfer of manufacturing from Palo Alto, California, to its state-of-the-art facility in Grobrohrsdorf, Germany. Our cash balance decreased from approximately $5,524,000 in Q4 2006 to $3,387,000 in Q1 2007 due to increase in operating working capital.

Market Commentary: "New data regarding manufacturing from the ISM, Institute for Supply Managers, said that this sector is doing better than anticipated, the falling dollar helping. Also, the pending home sales index, from the National Association of Realtors, for March fell by 4.9% and this makes April look iffy as well," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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