ORLANDO, Fla., June 19, 2007 (PRIME NEWSWIRE) -- RedChip Visibility, a division of RedChip Companies, Inc., announced today that it will be re-initiating research coverage on Earth Biofuels, Inc. (OTCBB:EBOF).
Clay Mahaffey, CFA, RedChip Research Analyst, stated that, "I have spoken to management and it appears the restructuring is complete. I will provide an update on the Company in the near future."
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RedChip Visibility Research Disclosure
EBOF paid RedChip Visibility $36,000 for the RedChip Visibility Research Program, which includes this report. RedChip Visibility, a division of RedChip Companies, Inc., and the Aurelius Consulting Group Inc., in a joint marketing agreement, have been contracted by Earth Biofuels, Inc. to increase investor awareness of EBOF to the small-cap equity community. These services may include investor conferences and digital and print distribution of EBOF investor related materials. In the purview of Section 17(b) of the Securities Act of 1933 and in the interest of full disclosure, we call the reader's attention to the fact that the Aurelius Consulting Group is an investor relations firm hired by the Company and receives a monthly fee of $7,500 and 11,000 shares of Rule 144 stock per quarter for Aurelius services.