The Golden Lounge

[Jim Bishop]

Defendants’ scheme involves the offer and sale of stock in at least eight penny stock issuers: China Voice Holding Corp., Integrated Biodiesel Industries Ltd., Biomoda, Inc., Pharma Holdings Inc., World Energy Solutions, Inc., Revolutions Medical Corp., Earthsearch Communications, Inc., and Essential Innovations Technology Corp. (together the “Issuers”). All but one of these companies are based in the United States. With the exception of Integrated Biodiesel and Pharma, the stock for each of the Issuers is quoted through the OTC Bulletin Board or “Pink Sheets.”

The stock of Integrated Biodiesel and Pharma is not yet listed on any stock exchange or quoted through a service like the OTC Bulletin Board. The stock of most if not all of the Issuers trades at prices under $5 per share and otherwise meets the definition of a “penny stock” under the federal securities laws.