Markets Bounce Strongly In Shortened U.S. Trading Week

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http://ymlp215.net/z7b7Rl ——————————————————————————– November 25, 2012 Week In Review…

Week In Review For November 19 to November 23, 2012 Canadian Technical Penny Stocks To Watch This Week:

* Cline Mining Corp. (TSX:CMK) * Frontier Rare Earths Ltd. (TSX:FRO) U.S. Technical Penny Stocks To Watch This Week:

* Corinthian Colleges Inc. (NASDAQ:COCO) * Threshold Pharmaceuticals Inc. (NASDAQ:THLD) * Vringo Inc. (AMEX:VRNG) Spotlight Companies Mentioned This Week:

* Intertainment Media Inc. (TSX-Venture:INT) (OTCQX:ITMTF) * Pacific Therapeutics Ltd. (CNSX:PT) This week on AllPennyStocks.com:

* Article Published, November 20, 2012: Small Cap Companies in the News Protecting Their Intellectual Property ( http://www.allpennystocks.com/aps_us/special-reports/310/small-cap-companies-in-the-news-protecting-their-intellectual-property.htm) (U.S. / CDN Companies) * Article Published, November 22, 2012: Keegan Resources Makes a Swap for Premier Land in Ghana (http://www.allpennystocks.com/aps_ca/special-reports/311/keegan-resources-makes-a-swap-for-premier-land-in-ghana.htm) (U.S. / CDN Company) Video charts for the week:

* November 21st Technical Video Chart For CMK:CA. With a 21 percent climb on Tuesday, Cline Mining Corp. is a technical stock to watch on Wednesday for continuation that doesn`t meet resistance until a 40 percent climb to 30 cents as it looks to hold a higher low off a bottom at 16 cents in October. view: ( http://www.youtube.com/user/AllPennyStocks#p/a/u/1/sgewTggL4DA ).

* November 21st Technical Video Chart For AEZS. Three straight days of closing ahead as the AEterna Zentaris chart of watch for continued upward pressure. Shares rose on Tuesday to close near the high of the day on increased volume, which is a bullish sign as the stock nears resistance. view: ( http://www.youtube.com/user/AllPennyStocks#p/a/u/1/c7lhU9Bdakw ).

Follow AllPennyStocks.com on Twitter: Click here: ( http://www.allpennystocks.com/aps_common/twitter.asp ) to join AllPennyStocks.com on Twitter. Find out about the penny stocks to watch before anyone else, only on Twitter. Following AllPennyStocks.com is free, get all the details here: ( http://www.allpennystocks.com/aps_common/twitter.asp ).

WEEKLY UPDATE -MARKETS BOUNCE IN SHORTENED US TRADING WEEK Stocks in North America reversed course after taking a pounding in the first two weeks of November on negativity related to the elections in the United States and the upcoming so-called fiscal cliff which is set to happen at the start of 2013, triggering more than $600 billion in automatic tax hikes and spending cuts. While the week was shortened and volumes were light as traders took time off for the Thanksgiving holiday that shuttered US markets on Thursday and early on Friday, the sentiment was clearly bullish and even overcame commentary from Fed Chairman Ben Bernanke warning that the Federal Reserve does not have any tools left to address unemployment and inflation should the US drop over the fiscal cliff.

Since the elections on November 6, the Dow Jones Industrial Average had lost more than 600 points, or about 4.6 percent.

A good portion of those losses were eliminated as stocks rocketed higher on Monday to continue a rally that began on the previous Friday as politicians in Washington went public saying that talks were underway to address the fiscal cliff and were productive so far, spurring optimism that the Democrats and Republicans would be able to possibly reach an agreement by the end of the year. President Obama, House Speaker John Boehner and White House Press Secretary Jay Carney described the initial negotiations as “constructive.” Also boosting sentiment in the States was an abridged week of better-than-expected economic data that included statistics reiterating the US housing market is strengthening. Further, jobs data topped estimates even in the wake of superstorm Sandy that destroyed portions of the East Coast and Mid-Atlantic states late in October.

With small amounts of economic data coming from America and earnings season winding-down, overseas activity moved into the spotlight with positive data coming from Germany and China as well as speculation that finance ministers in Europe are going to continue dolling-out cash from their debt-riddled countries.

HSBC bank said that manufacturing in China expanded in November for the first time in 13 months, signaling that the world`s second largest economy might be revitalized again after seven consecutive quarters of deceleration. HSBC`s purchasing manager`s index registered a 50.4 in November, increasing “risk-on” appetite for commodities and equities in general. Any readings about 50 indicated expansion in manufacturing.

To the north, business confidence in Germany, the largest economy in the euro zone, increased in November, against predictions of economists. Munich`s Ifo Institute reported that its key measure of business climate rose to 101.4 in November from 100.0 in October, a positive sign for the export-heavy country that demand within the 27-country EU is picking-up. Economists were anticipating a seventh-straight monthly drop in business sentiment (to 99.5) for November.

Investors were expecting European finance ministers to approve the latest round of bailout funds for Greece this past week, but unfortunately those negotiations stalled amidst arguments from Germany refusing to force bond holders to take another write-down and the International Monetary Fund wanting more liberal terms for Greece to better organize its budget. Greece recently approved plans for cuts to receive the next batch of funds, but its economy is contracting too quickly to meet the demand for its debt to be equal to 124 percent of GDP in 2020. The summit of finance ministers will resume again on Monday with German Chancellor Angela Merkel suggesting that an agreement to release the funds to Greece could be achieved early next week.

European Central Bank chief Mario Draghi spoke in Frankfurt on Friday with optimistic commentary on confidence returning to the euro zone and expressing that the ECB`s bond buying program, called “Outright Monetary Transactions,” has helped to stabilize the financial crisis in Europe. Draghi echoed previous comments that the ECB stands ready to do “whatever it takes” to help debt-laden countries.

Investors shrugged-off Moody`s Investors Service stripping France of its AAA credit rating and downgrading the second biggest economy in the EU to a rating of Aa1, citing concerns over its slow growth.

The joyous mood on Wall and Bay Streets helped stocks stop their multi-week skids with all five major exchanges posting solid gains.

The Nasdaq exchange, which had been under heavy pressure and fallen six straight weeks and eight out of the last nine, paced all with a nearly 4 percent rise on the week. The Dow Jones posted its best weekly advance since June 8, with its 3.4 percent rise.

Market moving influences will be coming from multiple angles this week. Economic data will be bountiful in the United States with manufacturing data coming in and important readings on gross domestic product arriving on Friday from both the United States and Canada.

While the economic ledger will certainly be in focus, investors will also be keying on Congressmen returning to Washington after the Thanksgiving holiday to discuss the fiscal cliff. The regulators will have three weeks to resolve the issue before the Christmas break arrives. Additionally, with a resurgence in interest of overseas activity this past week, Europeans will be a topic of market influence as traders watch for Greece to finally get their next tranche of a much-needed rescue package and for EU leaders to come to terms on a budget for their 27-country union. The fighting in the Gaza Strip will also get more attention for its ability to slingshot the price of oil to-and-fro. Don`t expect a lot of earnings news as there are only 13 S&P 500 companies left to report.

This week will be all about answering the question as to whether last week`s rally was merely a technical bounce from oversold conditions or if investors are going to continue to get upbeat data and information showing that global economies are continuing to strengthen.

The Canadian dollar gained against its US counterpart early in the week after the International Monetary Fund said it is considering classifying Canada`s and Australia`s currencies as reserve currencies, signaling their belief that the currencies are gaining clout across the world. Those gains were pared on light volume later in the week, however when retail sales from Canada trailed expectations, although the loonie moved back above parity against the greenback for the first time in three weeks. The US Dollar Index, which measures several of the word`s most traded currencies, tumbled nearly one percent on Friday. When all was said and done last week, the Canadian dollar gained 0.80 percent against the US dollar, so next week will begin with one Canadian dollar buying US$1.00755.

Commodity Snapshot:

* Gold futures benefited from a weakening US dollar as bullion rose to a five-week high, paced by a solid 1.34 percent gain on Friday that shoved gold past a key technical resistance point and the 50-day moving average at $1,741 per ounce. A drop in the the USD inspires demand for gold as not only a hedge against inflation, but also because currencies are priced in US dollars, so a lower greenback makes buying more favorable for investors using different currencies.

The SPDR Gold Trust, the biggest gold ETF in the world, surged by 2.25 percent on the week to $169.61 per share. December contracts, the most actively traded this past week, gained 2.14%, or $36.70 per ounce, to close the week at $1,751.40 on the Comex division of the New York Mercantile Exchange.

* Silver futures galloped ahead alongside their precious yellow metal cousin to hit a nearly eight-week high, fueled by a 2.3 percent Black Friday run. The white metal got a lift from the broad market rally, weaker dollar and overseas news that provided optimism for the business conditions in Germany and China. Because of its many industrial uses, silver is particularly sensitive to economic data from China, as a top global consumer of silver. Silver for December delivery was the most actively traded; advancing 5.39%, or $1.746, to $34.116 per ounce.

* Copper prices had a strong climb on Monday to hit their highest level since November 7 on optimism that European leaders are going to keep funneling cash to Greece and better-than-expected manufacturing data from China. Slowing growth in China, the world`s top consumer of the industrial red metal, utilizing about 40 percent of annual global production, has been a leading reason for copper prices sagging about 25 percent since record levels early in 2011. Information hinting that future demand will increase in China is enough to give copper a lift. December contracts were the most actively traded on New York`s COMEX exchange during the week; advancing $0.0765 cents, or 2.22%, to $3.528 per pound.

* Oil prices followed the ebb and flow of developments in the Middle East between Israel and the militant Hamas group in the Gaza Strip. A temporary ceasefire was rumored on Tuesday, sending crude prices lower as threats of supply chains being restricted eased. The ceasefire officially came on Wednesday local time. However, that truce only lasted a matter of days with Israeli troops firing on crowds in Gaza moving towards the border, killing one Palestinian on Friday and sending oil prices back on the climb. More than 3,000 airstrikes have showered down between the two countries. January 2013 contracts for West Texas Intermediate crude were the most actively traded; rising $1.36, or 1.56%, to $88.28 per barrel.

Equity Market Snapshot:

(All percentages on a weekly basis unless otherwise noted) * Major gold miners led gainers and recovered after taking large losses the week prior. Yamana Gold (TSX:YRI, +3.86%), Agnico-Eagle Mines (TSX:AEM, +6.61%), Goldcorp (TSX:G, +2.67%), Barrick Gold (TSX:ABX, +4.20%), Kinross Gold (TSX:K, +5.47%) and Newmont Mining (TSX:NMC, +1.78) all advanced.

* In other metal news, Zambia granted environmental approval to First Quantum Minerals (TSX:FM, +4.10%) for a planned 300,000 tonnes per year $640-million copper smelter at its Kansanshi mine license area.

* Energy stocks climbed with the broad markets and rise in crude.

Talisman Energy (NYSE:TLM, +5.99%), Canadian Natural Resources (NYSE:CNQ, +4.37%), Imperial Oil Ltd. (NYSE:IMO, +0.92%), Suncor Energy (NYSE:SU, +7.79%), Cenovus Energy (NYSE:CVE, +3.43%) and Exxon Mobil (NYSE:XOM, +3.05%) and moved higher.

* Pipeline operator TransCanada Corp. (TSX:TRP, +0.98%) said that it will pay $210 million for BP Plc`s (NYSE:BP, +4.97%) 40% stake in the Crossfield Gas Storage facility, 50 kilometers north of Calgary, Alberta, to consolidate ownership of the operation.

* The biggest of banks in the US stormed ahead as market leaders.

UBS AG (NYSE:UBS, +6.87%), Goldman Sachs Group (NYSE:GS, +3.86%), Bank of America (NYSE:BAC, +8.55%), Citigroup (NYSE:C, +3.00%), JPMorgan Chase (NYSE:JPM, +3.95%) and Wells Fargo & Co. (NYSE:WFC, +3.94%) all packed-on points. XLF (NYSE:XLF, +3.66%), the financials select sector SPDR that tracks the financial stocks in the S&P 500, advanced after two straight losing weeks.

* Bank of America got a lift from an upgrade by analysts at Stifel Nicolaus to a “buy” and a price target hike to $11.

* The biggest banks in Canada also grew long legs. National Bank of Canada (TSX:NA, +1.80%), Canadian Imperial Bank of Commerce (TSX:CM, +3.39%), Toronto-Dominion Bank (TSX:TD, +3.17%), The Bank of Nova Scotia (TSX:BNS, +2.81%), Royal Bank of Canada (TSX:RY, +4.19%) and Bank of Montreal (TSX:BMO, +2.41%) all moved upward.

* Research in Motion (TSX:RIM, +25.79%) had a stellar week after Jeffries tech analyst and long-time critic Peter Misek upgraded the stock from underperform to hold. Misek had originally only given RIM`s new BlackBerry10 operating system a 10-20 percent chance of success, but after strong upbeat feedback from handset carriers, he increased the likelihood of success to 20-30 percent. Adding to the bullishness, National Bank Financial analyst Kris Thompson raised his price target for US-listed shares of RIM from $12 to $15. Shares of RIM have nearly doubled in value from September lows.

* Apple (NASDAQ:AAPL, +8.30%) got off its winless streak after eight consecutive down weeks, including posting their second-largest, single day dollar gain ever on Monday.

* Shares of Groupon (NASDAQ:GRPN, +32.55%) continued to track higher ever since hitting an all-time low at $2.60 last week. The daily deals company got a boost from hedge fund Tiger Global disclosing that it bought 65 million shares of GRPN about two weeks ago.

* Intel (NASDAQ:INTC, -2.33%) fell further after a surprise announcement that CEO Paul Otellini is retiring in May after four decades of service at the semiconductor maker. Shares of INTC are down about 16 percent in 2012 and more than 30 percent from highs in April.

* Big box retailer Best Buy (NYSE:BBY, -14.91%) once again disappointed Wall Street and shareholders with its quarterly earnings report. The Minneapolis-based company posted a net loss of $10 million, or 3 cents per share, as compared to net income of $156 million, or 42 cents per share in the same quarter last year. Adjusted for restructuring costs, Best Buy earned 3 cents per share. Analysts expected earnings of 13 cents per share.

* Shares of Agrium Inc. (TSX:AGU, +2.27%) rose after its largest shareholder, Jana Partners, launched a proxy battle and proclaimed his nominees to the board of the fertilizer maker.

* Tyson Foods (NYSE:TSN, +14.04%) saw shares leap ahead after reporting a 91 percent increase in fourth-quarter profits as declining sales were offset by higher prices and lower costs. Net income for the quarter was $185 million, or 51 cents per share, compared to $97 million, or 26 cents per share in the year prior quarter. Adjusted earnings per share were 55 cents. Analysts were expecting earnings of 44 cents per share.

* Canada`s oldest company, Hudson`s Bay Co., priced its IPO at $17 a share, or about $2 billion in total. HBC said it plans to sell a total of 21 million shares, about one-fifth of the company`s stock, raising about $365 million, making it the largest IPO in Canada this year.

Shares are slated to start trading on Monday under the ticker HBC.

* In some M&A news, Cisco Systems (NASDAQ:CSCO, +4.72%) said that it will spend $1.2 billion to acquire privately-held hardware company Meraki Inc. to bolster its wireless and networking technology portfolio.

* News Corp (NASDAQ:NWSA, +4.34%) said that it will buy a 49 percent stake in the YES Network, the station that features live TV coverage of the New York Yankees and the Brooklyn Nets. The agreement would allow News Corp. to buy up to an 80% interest in the Network in 2015.

The deal is still subject to approval by Major League Baseball. Terms weren`t disclosed, but sources have valued the deal at $3 billion.

* Shares of Hewlett-Packard Co. (NYSE:HPQ, -3.19%) gave up more value after releasing earnings that included a whopping $8.86 billion loss in the latest quarter, mostly the result of a multi-billion write-down related to the company`s $9.7 billion acquisition of British software company Autonomy last year. Scandal talk dominated the press with HP CEO Meg Whitman and the founder of Autonomy making separate appearances on high-profile financial shows taking shots at each other after Whitman said that HP was duped into believing Autonomy was worth more than it was at the time of acquisition. HP alleges that Autonomy is guilty of “serious accounting improprieties” that fleeced HP and its auditors. Autonomy denies any wrongdoing. The case has been turned over to the SEC. Shares of HPQ have plummeted nearly 60 percent since February highs.

* Krispy Kreme Doughnuts Inc. (NYSE:KKD, +28.91%) stock soared more than 23% following better-than-expected results.

* Insurance stocks appreciated as investors digested the rapid sell-off of stocks after Hurricane Sandy came inland. Shares of American Int`l Group (NYSE:AIG, +3.24%), Chubb (NYSE:CB, +2.41%), Allstate (NYSE:ALL, +4.68%) and Travelers Cos. Inc. (NYSE:TRV,+3.82%) all were up on the week.

* With Black Friday sales as far as the eye can see, investors are expecting strong sales for leading retailers. Shares of Macy`s Inc.

(NYSE:M, +3.86%), Wal-Mart (NYSE:WMT, +3.19%) and Target Corp.

(NYSE:TGT, +3.77%) swelled.

* Campbell Soup Co. (NYSE:CPB, +0.16%) edged higher after the soup maker reported an 8 percent increase in first quarter fiscal 2013 sales to $2.34 billion compared to the year prior quarter, but a drop in profit because of costs associated to the acquisition of Bolthouse Farms and shuttering of two U.S. plants. Adjusted earnings totaled $245 million, or $0.78 per share, versus $265 million, or $0.82 per share last year. Analysts were expecting earnings of $0.85 per share and sales of $2.36 billion. Shares of CPB fell 2.0% $36.21.

* YY Inc. (NASDAQ:YY), a social media and gaming company, made their debut last week at $10.50 per share, marking only the second Chinese company to IPO on a US exchange this year. Shares closed ahead by 7.81 percent after the first two days of trading. The number of Chinese companies IPO-ing has fallen from 41 in 2010 to 12 in 2011 to only 2 in 2012. Vipshop Holdings Ltd. (NYSE:VIPS, +8.33%) made its debut in April and has grown 124 percent, suggesting that investors may be warming-up to Chinese companies again.

Weekly Indices Results:

The S&P TSX Composite Index grew after two red weeks; advancing 335.52 points, or 2.82%, to 12,213.24. The TSX Venture Exchange also made-up ground; climbing 23.63 points, or 1.91%, to 1,258.97 on the week.

In the States, the Dow Jones Industrial Average averted a fifth consecutive down week; forging gains of 421.37 points, or 3.35%, to 13,009.68 this past week. The much-broader S&P 500 rose as well; adding 49.27 points, or 3.62%, to close at 1,409.15. The tech-rich NASDAQ Composite climbed after six losing weeks; muscling-up 113.72 points, or 3.99%, to 2,966.85.

Canadian Economic Data:

* Wholesale trade surprised by falling 1.4 percent in September, its third drop in four months, with every major sector registering a decline (led by a 4% drop in the auto sector), according to Statistics Canada. Economists were calling-for a rise of 0.5 percent for the month with even the most bleak forecast not expecting the largest drop since February 2011 that happened. With downward revisions for the prior two months, seasonally adjusted wholesale trade is down 2.4 percent since May.

* Stats Can said that retail sales rose 0.1 percent in September, coming up shy of 0.5 percent gains expected by economists. Gains in new car dealerships (+0.9%) were offset by lower sales at department stores (-0.9%) and at gas stations (-0.6%). The flat month, coupled with the weaker-than-expected wholesale trade stats sparked concerns from analysts about GDP growth for the third quarter that will be reported later this week. For the year, sales in September are 1.8 percent higher than the year prior, fueled largely by a 1.7 percent gain in June.

* The number of people collecting regular employment insurance dropped by 5,700, or 1.1 percent, to 525,900 during September.

Decreases in recipients in Quebec paced the decliners with smaller drops in New Brunswick and British Columbia which offset mild increases in Manitoba while other provinces had rates basically unchanged during the month. From September 2011, the total number of beneficiaries fell 4.6 percent.

* Giving the Bank of Canada little reason to change low interest rates, the annual inflation rate remained unchanged for the third straight month with the Consumer Price Index rising 1.2 percent again in October. After climbing 2.9 percent in September, energy prices rose 1.7 percent in October as costs faded for electricity and gasoline. The consensus was inflation would edge lower to 1.1 percent for October, which would have been the lowest level since June 2010`s 1.0 percent level. So-called “Core Inflation,” which strips out volatile items like energy, remained at 1.3 percent.

This week, economic data will include the Industrial Product Price Index and the Raw Materials Price Index on Thursday and September`s Gross Domestic Product information on Friday.

U.S. Economic Data:

* The Commerce Department reported that housing starts in October rose to the highest levels since July 2008, showing continued growing strength in the U.S. housing market. Construction on new homes increased by 3.6% to a seasonally adjusted annual level of 894,000.

Economists were expecting a decrease to 825,000 from the 872,000 originally estimated for September. The September rate was revised downward to 863,000. On a year-over-year basis, October starts in 2012 are 42 percent higher than the pace in October 2011.

* Applications for building permits, a barometer of future demand, dropped by 2.7 percent to an annual pace of 866,000 in October from September. While slower than the month prior, the September rate was the fastest pace in more than four years. The rate in October is still the second-fastest pace in that same time period, lending further credence to a recovering housing market.

* According to information from the National Association of Realtors, sales of previously owned homes rose 2.01 percent in October from September to a seasonally-adjusted rate of 4.79 million units, representing the second highest level in 2012. From a yearly perspective, sales jumped 10.9 Percent from October 2011, marking the 16th consecutive month of advancement. The national median home price rose 11.1 percent to $178,600.

* The Labor Department reported that first-time applications for state unemployment benefits dropped by 41,000 to 410,000 for the week ended November 17. The rate remains elevated as a result of Hurricane Sandy coming ashore on October 29, blasting the East Coast, destroying businesses and homes while leaving millions without power or transportation. Economists expected a drop of 18,000 to 418,000.

Claims from the prior week were upwardly revised to 451,000 versus the original estimate of an increase of 78,000 to 439,000, representing the largest weekly one-week climb since Hurricane Katrina blasted the Gulf Coast in 2005. The one-month moving average, generally regarded as a better proxy of labor trends because it eliminates volatility, rose 9,500 to 396,250.

This week, data in the States will include the Dallas Fed Manufacturing Survey on Monday; Durable Goods Orders, S&P Case/Shiller Home Price Index on Tuesday; New Home Sales on Wednesday; new Gross Domestic Product stats, Initial Jobless Claims and Pending Home Sales on Thursday; and Chicago PMI and Personal Income and Outlays on Friday.

Technical Penny Stocks to Watch & Company Spotlight Results:

Amongst our “Daily Technical Penny Stocks to Watch,” it was another week of solid performance with all five charts making upward moves at one point or another. Only one can be the winner, though, and that distinction went to Frontier Rare Earths Ltd. (TSX:FRO) which was picked on Thursday at a price of $0.5114. Shares surged ahead on Friday to close at the highs of the day at $0.6046 for stellar one-day gains of 18.22 percent. For more information on FRO and to track it`s daily performance, investors are encouraged to follow the stock on partner website, BullishInvestor.com. FRO info for beginners can be found here ( http://www.bullishinvestor.com/markets/stock_quote/s=T.FRO&view=b ), while the advanced view can be viewed here ( http://www.bullishinvestor.com/markets/stock_quote/s=T.FRO&view=a ).

Congratulations to all our technical traders that notched gains again this past week from our technical penny stocks to watch program.

Our latest Canadian spotlight, Pacific Therapeutics Ltd. (CNSX:PT) provided a comprehensive letter from CEO and President Doug Urwin regarding the recently complete clinical trial that had positive outcomes. Data from the trial showed a synergistic relationship resulting in an increase in the Active Ingredients in the blood and an increase in known therapeutic effects without any new side effects.

These results may improve the competitiveness and commercial potential of PTL-202. PTL-202 is intended as a treatment for Pulmonary Fibrosis a $2 billion market opportunity. The letter explains these results and their impact on Pacific Therapeutics with respect to the development of PTL-202, its competitiveness and commercial potential.

Intertainment Media Inc. (TSX-Venture:INT) (OTCQX:ITMTF) said that Patrick Bultema, president of Ortsbo, Inc. (a subsidiary of Intertainment) will be a keynote presenter at the PushButton Summit 2012 to be held in Utah, November 28-29, 2012. PushButton Digital Media Summit is the premier Digital Media Event centered on the intersection of creativity & technology. It brings together creative innovators of the latest technology driving the future of the digital media industry. The organizers expect over 500 digital media leaders in attendance.

Intertainment also announced its partnership with Los Angeles, CA based, premier communications specialists, PUB 1917, to enhance their current and future digital production and corporate communications programs primarily for the automotive industry. Intertainment will provide production services and Intertainment`s Live & Global platform “Powered by Ortsbo” will increase the ability to reach North American multi-language teams and global participants. The current scope of the first year opportunity is estimated in excess of USD $500,000 and based on traction within the global automotive sector, could be considerably greater, according to the company.

————————- Forward Looking Statements This report includes forward-looking statements that reflect the mentioned companies current expectations about its future results, performance, prospects and opportunities. the mentioned companies has tried to identify these forward-looking statements by using words and phrases such as “may,” “will,” “expects,” “anticipates,” “believes,” “intends,” “estimates,” “plan,” “should,” “typical,” “preliminary,” “we are confident” or similar expressions. These forward-looking statements are based on information currently available and are subject to a number of risks, uncertainties and other factors that could cause the mentioned companies actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and other factors include, without limitation, the Company`s growth expectations and ongoing funding requirements, and specifically, the Company`s growth prospects with scalable customers, and those outlined above. Other risks include the Company`s limited operating history, the Company`s history of operating losses, consumers` acceptance, the Company`s use of licensed technologies, risk of increased competition, the potential need for additional financing, the terms and conditions of any financing that is consummated, the limited trading market for the Company`s securities, the possible volatility of the Company`s stock price, the concentration of ownership, and the potential fluctuation in the Company`s operating results.

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Information presented on our web site and within our reports contain “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be “forward looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as “expects”, “will,” “anticipates,” “estimates, “believes,” or that by statements indicating certain actions “may,” “could,” or “might” occur.

THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SMALL CAP SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK.

We encourage our readers to invest carefully and read the investor information available at the web sites of the Securities and Exchange Commission (SEC) at: http://www.sec.gov ( http://www.sec.gov ) and/or the National Association of Securities Dealers (NASD) at:

http://www.nasd.com ( http://www.nasd.com ). Readers can review all public filings by companies at the SEC`s EDGAR page. The NASD has published information on how to invest carefully at its web site.

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