Michelex Corp (fka MLXO)

[alleyoop007]

BlitzTrader.com: Blitz Trader Movers and Shakers- Blitz Trader, because timing is everything

Monday , October 10, 2005 10:08 ET

Clear Lake, TX, Oct 10, 2005 (M2 PRESSWIRE via COMTEX) --Among the OTC rise and shiners are Michelex, Inc (OTC: MLXO) 0.028, up 0.02 (+250.00%) on 3,398,800 shares. American Energy Production Inc (OTCBB: AMEP) 0.0756, up 0.0136 (+21.94%) on 32,289,888 shares. Chaparral Resources Inc (OTCBB: CHAR) 4.63, up 0.18 (+4.04%) on 286,696 shares. Emergency Filtration Products (OTCBB: EMFP) 0.64, down 0.01 (-1.54%) on 2,159,212 shares. FloodSmart Inc (OTC: FDSI) 1.22, down 0.02 (-1.61%) on 32,400 shares. China Direct Trading Corporation (OTCBB: CHDT) 0.031, down 0.003 (-8.82%) on 924,800 shares.

Michelex, founded in 1972, has three divisions Plastics, Audio and Media Products. For further information go to www.micheleaudio.com.

American Energy Production is an oil and gas lease acquisition specialist. It targets leases which have prospects for increased oil and natural gas production by utilizing new technologies, well workovers and fracture stimulation systems.

FloodSmart, which recently become available to the public recently via a merger with Allied Energy at the beginning of the month, is now trading under its new name and symbol. FloodSmart's Hydraulic Lift Systems utilizes a new patented proprietary technology, which is designed to elevate structures above the defined flood plain certification for repetitive flood loss structures process and calls for the installation of "dynamically controlled hydraulic concrete pistons and cylinders" at strategic engineered points to raise the home to a predetermined "safety zone," at rates which typically meet the cost-benefit analysis ratios set by FEMA, which has earmarked over $200 million in pre-disaster mitigation competitive grant program, falling into two categories: mitigation projects and mitigation planning. The cost-share is usually 75 percent federal and 25 percent a local match, but can be up to 90 percent for small and impoverished communities. For more information go to www.floodsmart.net.

As of the end of 2002, there was $652.7 billion of flood insurance coverage under the federally sponsored National Flood Insurance Program (NFIP) representing more than 4.5 million structures. Because all are within the floodplain, all are candidates for the FloodSmart structure elevation process. Statistics indicate that about 25 percent of the insured base has experienced flood-related claims. For more information, visit www.fema.gov.

China Direct said that orders for its generators have just toped $7 million. For more information go to www.chinadirecttradingco.com.

This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports. Always consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Blitz Trader undertakes no obligation to update such statements. Blitz Trader is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security.

Blitz Trader does not own shares of any of the companies named in this report. Blitz Trader has been paid 1,000 dollars for this report by WSTPR. Brian Heckathorne, Blitz Trader and WSTPR will not buy or sell any shares at the time this report is disseminated, or for a few days before or after this report is disseminated.

CONTACT: Brian Heckathorne e-mail: [e-mail]

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Public Companies Associated with this story:
(OTCBB: AMEP) (OTCBB: AMEPE) (OTCBB: CHAR)
(OTCBB: CHDT) (OTCBB: EMFP) (OTC: FDSI)
(OTC: MLXO)


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