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More complete information about any of the companies mentioned in this periodical is available from the website of the Securities and Exchange Commission, at http://www.sec.gov, and copies of their filings may be read without charge and copies obtained at prescribed rates from the public reference facilities of the Commission, at 450 Fifth Street, NW, Washington, DC 20549. Buying and Selling of Shares www.PennyStockScholar.com intends to sell its shares. www.PennyStockScholar.com may sell its shares for less than target prices given in opinions. www.PennyStockScholar.com affiliates, officers, directors and employees may have also bought or may buy the shares discussed in this report and may profit in the event those shares rise in value. www.PennyStockScholar.com will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. 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www.PennyStockScholar.com is owned and operated by Penny Stock Scholar. www.PennyStockScholar.com and its owners, and their affiliates, directors and officers, and immediate family members, are hereafter collectively referred to as ("PSS" or "we" or "us" or "our). PSS electronically disseminates information (the "Information") on its website, in newsletters, featured reports, spam compliant double-opt in email communications or otherwise pertaining to Profiled Companies' (the "Issuer" or "Issuers" or "Profiled Company" or "Profiled Companies"), the securities of which are most frequently common stock shares quoted on the Over the Counter Bulletin Board ("OTCBB") or Pink Sheets. The Information is based on information received from Issuers, publicly available information, such as quarterly (with unaudited financial statements) and annual reports (with audited financial statements) filed with the Securities and Exchange Commission ("SEC"), quarterly and annual unaudited financial reports and Information and Disclosure Statements filed with the Pink Sheets, the Issuer's website and information obtained through search engines such as Yahoo Finance, Market Watch and Business Wire. We synthesize the Information from these informational sources for our Readers as a starting point for further inquiry into the Issuer and its securities. Because PSS receives compensation for PSS's dissemination of the Information (as disclosed in our Compensation Disclosure Section), including at times in the form of common stock shares (the "Shares"), PSS should not be considered to be an independent provider of the Information. PSS is not a research analyst, registered investment advisor or registered securities broker dealer and the Information should not be construed in any manner, shape or form as investment advice, investment recommendations or opinions or viewpoints regarding the Profiled Company or its securities or as a solicitation to offer, purchase or sell the Profiled Company's securities. PSS does not endorse, independently verify or assert the truthfulness, completeness, accuracy or reliability of the Information and conducts no due diligence whatsoever of the Profiled Companies. Because the Information is presented on an "as is" basis, your use of the Information is at your own risk.  PSS disclaims, expressly and impliedly, all warranties of any kind, including whether the Information is accurate or reliable or free of errors.  By reading the Information, the Reader hereby agrees to indemnify and hold PSS harmless from any liability for any claimed direct, indirect, incidental, punitive, or consequential damages pertaining to the Information.  Statements contained in the Information that are not historical facts are forward looking statements that involve risks and uncertainties as indicated by words such as "believes", "expects", "estimates", "may", "will" or "should" or "anticipates" or similar expressions. These forward looking statements may materially differ from the Issuer's actual operational and financial results or its actual achievements, claimed or otherwise. PSS does not undertake any responsibility whatsoever of these forward looking statements, nor any legal obligation whatsoever of updating the Information. The Information is presented only as a brief "snapshot" of the Profiled Company and should only be used, at most, and if at all, as a starting point for Readers to conduct a thorough investigation of the Profiled Company and its securities, to consult with their financial, legal or other advisor(s) and avail themselves of filings and information that may be accessed at www.sec.gov or www.pincksheets.com   or other electronic medium, including:  (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the Pink Sheets; (c) obtaining and reviewing publicly available information contained in commonly known search engines such as Google; and (e) consulting investment guides at www.sec.gov and www.finra.com pertaining to the risks of investing in penny stocks. In the end result, Readers must evaluate and bear all the risks associated with the Information, including reliance on its accuracy, completeness or usefulness. In all instances, the Reader should conduct further inquiry into the Profiled Company and its securities. The Profiled Companies  are subject to possible risks, including but not limited to: (a) the Information pertains to penny stocks that are subject to the SEC's penny stock rules and commonly involve a high degree of risk that may result in the loss of some or all of an investment in the Profiled Company's  securities;  (b) the Issuer's penny stock may be thinly traded, which may lead to difficulties  of selling its securities; (c) the SEC reporting issuer may be delinquent (not current) in its periodic reporting obligations (i.e., in its quarterly and annual reports) or the Pink Sheet quoted company may  be delinquent in its Pink Sheet reporting obligations as indicated by Pink Sheets New Service's posting  a negative "sign" pertaining to the Issuer at www.pinksheets.com , as follows:  (i) "Limited Information" for companies with financial reporting problems, economic distress, or that are unwilling to file required reports with the Pink Sheets; (ii) "Pink Sheets - No Information", which indicates companies that are unable or unwilling to provide disclosure to the public markets, to the SEC or the Pink Sheets; and (iii) "Caveat Emptor", signifying "Buyer Beware" that there is a public interest concern associated with  a company's illegal  spam campaign, questionable stock promotion, known investigation of   a company's fraudulent activity  or its insiders, regulatory suspensions or disruptive corporate actions;  (d) whether the Issuer is a development stage company with little or no operations, the securities of which should be considered extremely speculative for investment purposes; (e) PSS's selling of an  Issuer's securities may cause its stock price to significantly decline, especially when such securities are thinly traded;  (f) many companies that have their securities quoted on the OTCBB or Pink Sheets (as well as even Exchange listed companies) have been negatively affected by the current economic downturn and lack of adequate financing to meet their operational goals or expansion plans;   (g) any percentage gain from the previous day close presented on our website at is not and should not be construed as any indication whatsoever of the future stock price of an Issuer's securities or its operational results; (h) many of the energy related and other Profiled Companies are subject to increasing environmental and other governmental regulations, which subjects them to significant costs and possible fines and liabilities for failure to comply with applicable state and federal statutes; (i) PSS may receive compensation in shares of the Issuer and it or its associates, affiliated entities, officers, directors or immediate family members may sell the Shares immediately upon their receipt as well as during the dissemination of such Information or within hours, days, weeks or months  thereafter, or at any time; as a result, PSS's selling activities may cause significant volatility in the Issuer's stock price and/or significantly depress the Issuer's stock price; (j) PSS may buy and sell the Shares in the open market before, during or after the dissemination of the Information or at any time, which may cause significant volatility including drops in the price of the Issuer's stock price and/or significantly depress the Issuer's stock price; (k) future success of many OTCBB and Pink Sheet quoted Issuers is dependent upon receiving adequate financing or raising sufficient capital, which they may be unable to obtain; (l)  there is an inherent and  actual conflict of interest that exists between our Readers' interests and PSS's interests because PSS's owners, PSS: (i) receive the Shares  as compensation for disseminating the Information and thereafter sell those Shares at any time for monetary gain, including at the same time the Information is being disseminated or shortly   thereafter or at any time; and (ii) buys and sells the Profiled Company's shares in the open market at the same time or before the Information is being disseminated or shortly after the dissemination of the Information or at any time; (m) we do not receive any direct verification from the Issuer regarding the Information; (n) a third party shareholder may have a potential or actual conflict of interest in paying PSS for the dissemination of the publication while still holding the Issuer's shares of common stock that he or she may sell after the third party shareholder has paid PSS with his or her shares; (o) the Information should not be interpreted in any shape, form or manner whatsoever as an indication of the Issuer's future stock price or future financial performance since, among other reasons, such "comparison" companies are listed on Exchanges (i.e., the New York Stock Exchange)   and trade at stock prices that are  thousands of percent higher than the companies we profile; and (p) Readers may encounter regarding the Issuer, information which we do not independently provide to the Service Provider or verify and upon which we have no control over. We pay cash consideration to the Service Providers; no securities compensation is paid to the Service Providers; and (r) our employees post messages on their individual message boards as a method of disseminating the Information on behalf of our Issuer clients which should never be used as a means of conducting analysis into the Issuer and should only be used as a starting point to obtain the names of pink sheet or OTC Bulletin Board companies.  difficulties determining what information contained in our publications is material or non-material making it all the more imperative that they conduct further investigation of the Profiled Company and its securities; and (q) PSS hires third party Service Providers to electronically disseminate live news regarding the Issuer, information which we do not independently provide to the Service Provider or verify and upon which we have no control over. We pay cash consideration to the Service Providers; no securities compensation is paid to the Service Providers; and (r) our employees post messages on their individual message boards as a method of disseminating the Information on behalf of our Issuer clients which should never be used as a means of conducting analysis into the Issuer and should only be used as a starting point to obtain the names of pink sheet or OTC Bulletin Board companies.