Replies to post #6205 on World Health Energy Holdings Inc (WHEN)

[drluck]

TradersWorks.com: Market news, following high volume and high trend profiles: PGPM, APPI, GBMR, FMLY, VTSS

Dallas, Texas, Feb 05, 2007 (M2 PRESSWIRE via COMTEX) -- TraderWorks.com reports news and movements on the Energy Industry: Pilgrim Petroleum Corp. (OTC: PGPM), Advanced Plant Pharmaceuticals (OTCBB:APPI), Global Matrechs, Inc. (OTCBB: GBMR), Family Room Entertainment Corporation (OTCBB:FMLY), Vitesse Semiconductor Corporation (OTC:VTSS). Check and visit us at TraderWorks.com for more on market news and profiles. Check more news on http://www.TradersWorks.com.
Oil Prices Update: Oil up on U.S. cold weather $59.34 NYMEX and $57.94 on Brent.

Pilgrim Petroleum Corporation (OTC: PGPM) (FWB: PHV) is pleased to announce its financial results for the fiscal year ended December 31, 2006. Exceeding expectations, Pilgrim's Net Revenues for the year totaled $1,471,507 as compared with $150,544 in 2005, an increase of more than 800%. Net Income was $516,814 compared with $38,601 last year, an increase of more than 1000%. On profitability measures, Pilgrim proved to stand above average this year, showing a Net Profit Margin of 35%, while its annualized return on average assets was 43.2% and return on average equity was 47.6% for the year ended December 31, 2006. Additional development includes the completed Reserve Evaluation by Gustavson Associates, which represent a very important step to comply with stock exchange filing requirements. The prospective resources study showed the following results: Low: 3.98 BCF; 996 MBbl; Best: 7.32 BCF; 1,832 MBbl; and High: 10.70 BCF; 2,676 MBbl. Pilgrim's Estimated Future Net revenue (before income taxes) is $102,370,000 and a Net Present Value at 10% discount rate of $52,050,000. These results do not include the company's most recent acquisitions. Rafael Pinedo, President and CEO of Pilgrim Petroleum Corporation, said, "The 2006 Results exceeded our expectations. Pilgrim is committed to continue its growth pace and development of its properties for the new fiscal year. Lastly, the approval of the company's buyback program, indeed reflects not only our strong belief that Pilgrim's stock is undervalued, given our current reserve prospect and economic evaluation, but also our commitment to shareholder's wealth maximization. Our next step is focused on our audited financial statements and SEC filings as well as management's update to shareholders about its 2007 Strategic Plan/Business Outlook and Exploration Program." Check its Website: http://www.bpetroleum.com or http://www.tradersworks.com/prospect-pgpm.php Stock price: 0.03, Up+ 0.00% on 348,830 shares traded

Advanced Plant Pharmaceuticals (OTCBB:APPI) has been rated "Speculative Buy" with a target price of $0.06 by Beacon Equity Research Analyst Dr. Victor Sula. The full report is available at http://www.BeaconEquityResearch.com. Anyone interested in receiving alerts regarding Advanced Plant Pharmaceuticals research should email [e-mail] with "APPI" in the subject line. In the report, Dr. Sula writes, "Advanced Plant Pharmaceuticals, Inc. is shifting its business plan to focus on biofuels and renewable energy production and distribution. In Q4FY06, APPI announced an agreement to acquire World Health Energy (WHE), a renewable energy company focused on the development and production of alternative fuels. WHE plans to use cost-effective agricultural products both locally and from around the world to develop natural alternative fuels. The Company plans to build two biodiesel plants in the US and is in the process of securing financing for their construction." "According to Clean Edge research, the global biofuels market will grow from $15.7 billion in 2005 to $52.5 billion by 2015. Meanwhile, Emerging Markets Online forecasts US biodiesel consumption will grow to 750 million gallons by the end of 2007. Moreover, the US biodiesel market should grow significantly to match the consumption levels of European counterparts. Total biodiesel sales in the US amounted to less than 0.5% of all petro-diesel on-road consumption in 2005." "We believe the Company's market capitalization and valuation will gravitate towards its bio-fuel peers. Many early-stage bio-fuel companies are trading at huge premiums to other industry medians. Competitors such as Earth Biofuels (OTCBB:EBOF), Pacific Ethanol (Nasdaq:PEIX), Verasun Energy (NYSE:VSE) and Southridge Ethanol (OTCBB:SORD) trade at a P/S multiple of roughly 10 or less." Stock Price: 0.0056, Up+30.23% on 14,313,955 shares traded

Global Matrechs, Inc. (OTCBB: GBMR) today announced that the last quarter 2006 was promising with all the interest shown in our technologies and sales of NuCap(TM) and HNIPU. We believe that we can maximize shareholder value by maintaining a long-term focus. We have chosen to avoid a focus on ways in which we can create short-lived economic gains with non-material announcements, and instead, we focus on serving our shareholders by delivering our most material information as fast as we can. We believe in the long run that this focus will enable us to build a company that will create more value.

Stock Price: 0.009, Up+0.00% on 1,855,000 shares traded

Family Room Entertainment Corporation (OTCBB:FMLY). Emmett/Furla Films, a wholly owned subsidiary of Family Room Entertainment Corporation (OTCBB:FMLY), is pleased to announce that the based-on-a-true-story horror pic, "BORDERLAND," will premier at the 2007 South by Southwest Film Festival. Lions Gate Films, the studio which released the "SAW" films and "HOSTEL," is slated to release the picture worldwide. The film stars Brian Presley (END GAME, GUARDING EDDY), Rider Strong (CABIN FEVER), Jake Muxworthy (WATERBORNE), Martha Higareda, Roberto Sosa, Jose Maria Yazpik, Damian Alcazar (CRONICOS) and Mexican pop-star Beto Cuevas in the story of three young men who end up on the wrong side of an ancient cult in Mexico. The 2007 SXSW Film Festival will feature the first public festival appearance from the three creators of the popular "Lonelygirl15" online short video phenomenon. Additionally, Harry Knowles of "ain't It cool news," will moderate a session entitled "Panel of the Dead: Horror Films of Today," in which horror filmmakers and members of the industry will chat about current and upcoming trends in the ever-successful genre. The Festival runs March 9 - 17, 2007 in Austin, TX. The pic was financed and produced by Emmett/Furla Films in conjunction with third parties.

Stock Price: 0.0025, Up+ 8.70% on 460,000 shares traded

Vitesse Semiconductor Corporation (OTC:VTSS) today announced that its electronic dispersion compensation (EDC) technology has achieved the lead position within the 10GBASE-LRM market, capturing design wins with five of the world's top six X2 module suppliers. Widespread deployment of 10GBASE-LRM X2 modules across the existing multi-mode fiber (MMF) plant will remove the present bottleneck that exists in the Enterprise space, enabling the upgrade path from 1 Gigabit Ethernet (GbE) and unleashing new, higher bandwidth voice, video and data applications. Vitesse's EDC technology is enabling this deployment by providing unsurpassed compensation for time-varying multi-path modal dispersion encountered in legacy MMF. The VSC8238 EDC/CDR embodies this technology and allows 10GBASE-LRM module manufacturers to easily achieve 300-meter reach over MMF, rivaling the performance of existing, more costly 10GBASE-LX4 generation modules. The new IEEE-802.3aq, 10GBASE-LRM module standard calls for a minimum reach performance of 220 meters. The VSC8238 exceeds the IEEE standard performance level by 4dB over all operating conditions. Since first announcing this device in March 2006, VSC8238-based X2 module solutions have successfully passed interoperability tests conducted by the Ethernet Alliance in Monza, Italy, and manufacturers are now engaged in system level qualifications. "The superior VSC8238 performance and Vitesse support allowed Opnext to quickly design, fabricate and test our X2 LRM module," said Jon Anderson, director of engineering, Opnext, Pluggable Modules. "The module performed with margin to specifications and enabled us to meet our customer's aggressive qualification schedule." Stock Price closed at: 0.94, Up+ 1.08% on 77,380 shares traded

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