WESTON, Fla., April 6, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Wellstone Filters Inc. (OTCBB:WLSF), Digital Recorders Inc. (Nasdaq:TBUS), First Virtual Communications (Nasdaq:FVCX) and JMAR Technologies Inc. (Nasdaq:JMAR).
As the good news continues to pour out of the company, aggressive investors need to keep watching Wellstone Filters Inc. (OTCBB:WLSF)! Yesterday after the markets closed, the company issued a press release announcing that its international patents have been filed and accepted in Japan and Hong Kong!
This could be huge for investors! The Japanese market is the second largest in the world in value terms. CEO L.J. Hand stated, "Japan is especially exciting because of their markets predisposition to cigarette filter cavities containing charcoal that are believed to be linked to carcinogen reduction."
Keep your eyes on this company! According to the press release, Wellstone has filed patent applications in all significant countries and unions that enforce, or are likely to enforce patent protection.
The stock closed yesterday at $1.53 a share.
In case you are not familiar with the company: Wellstone Filters has developed and patented a filter that effectively removes carcinogens and other toxins produced when tobacco is smoked -- without removing the compounds responsible for the pleasurable effects of smoking. Wellstone seeks to promote material for cigarette filters that will enable major cigarette manufacturers to provide consumers with an equally enjoyable cigarette with substantially fewer carcinogens. More info can be found at the company's web page http://www.Wellstonefilters.com.
Stocks showing interesting activity yesterday were: Digital Recorders Inc. (Nasdaq:TBUS) up 77% on 3.8 million shares traded, First Virtual Communications (Nasdaq:FVCX) up 45.6% on 1.5 million shares traded and JMAR Technologies Inc. (Nasdaq:JMAR) up 12.6% on 2.7 million shares traded.
Commentary:
"Opec, the Organization of Petroleum Exporting Countries, met and is going ahead with the 4% cut in output targets. The U.S. hit a record at $1.82 per gallon for self-serve regular last week," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. The Wall Street News Alert home page has experienced over 16 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com and select the "join now" button.
Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies' discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.
This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. WSCF has been previously compensated eighty seven thousand and five hundred shares AND ninety-five thousand dollars, for coverage of Wellstone Filters, Inc. (OTCBB:WLSF), by a third party (Alex Consulting Inc.), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF has been recently compensated one hundred and ten thousand additional dollars, for coverage of Wellstone Filters, Inc. (OTCBB:WLSF), by the same party. WSCF has sold all of its shares, as of this release. WSCF may intend to immediately begin or continue selling its shares as this release is being circulated. WSCF may receive additional shares for extension of its services. Any additional shares will be disclosed at such time that WSCF is aware of a clients desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock. Market commentary provided by Sonja Rudd.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should 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 WSCF undertakes no obligation to update such statements.