MWAV 1.1 MM float. NEXT SBEI: BIODIESEL Merger: As previously announced, the Company and its subsidiary, Ocean Merger Sub, Inc., are party to an Agreement and Plan of Merger with SunFuels, Inc., a leading biodiesel marketing and production company. When the SunFuels merger closes, the directors and the officers of SunFuels, Inc. will assume control of the Company, which will change its name to Blue Sun Holdings, Inc. Ocean Merger Sub, Inc. will be renamed Blue Sun Biodiesel, Inc. The Company will continue to be a publicly-traded reporting company following the closing of the SunFuels merger.