SOURCE: Wall Street News Alert

Wall Street News Alert

February 11, 2010 08:38 ET

Wall Street News Alert: Ahead of the Bell: Caleco Pharma Corp. -- February 11, 2010

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL--(Marketwire - February 11, 2010) - Wall Street News Alerts' "stocks to watch" this morning are: Caleco Pharma Corp. (OTCBB: CAEH), American International Group Inc. (NYSE: AIG), Boston Scientific Corporation (NYSE: BSX) and Google Inc. (NASDAQ: GOOG).

Yesterday after the markets closed, Caleco Pharma Corp. (OTCBB: CAEH) issued a press release announcing that it has entered into a share purchase agreement (the "Share Purchase Agreement") with Natac Biotech S.L. ("Natac"), a Spanish biotechnology corporation engaged in the research and development of health related products, and the principal stockholders of Natac (the "Principal Stockholders"). Under the terms of the Share Purchase Agreement, the Company has agreed to acquire eighteen percent (18%) of the share capital of Natac from the Principal Stockholders (the "Natac Shares"). In consideration of the Natac Shares, the Company has agreed to issue an aggregate of 4,300,000 shares of its common stock to the Principal Stockholders.

The closing of the Share Purchase Agreement is expected to occur on or before March 19, 2010 and is subject to a number of customary conditions, including:

(a) the closing of a research and licensing agreement whereby the Company will acquire an exclusive license to certain probiotic strains for the countries located in North and South America;

(b) the closing of an exclusive licensing agreement whereby the Company will acquire an exclusive license to certain health related products for the countries located in North and South America; and

(c) the closing of a lab facilities and services agreement whereby Natac shall provide certain services and laboratory access to the Company.

Following closing of the Share Purchase Agreement, Natac has agreed to appoint a nominee of the Company to the Board of Directors of Natac. In addition, the Company has also agreed to appoint a nominee of Natac to its Board of Directors.

Natac is a start-up Spanish biotechnology corporation engaged in the research and development of health related products. Natac has recently formed a strategic alliance with the Universidad Autónoma de Madrid in order to enhance its research and development of health related products. The strategic alliance will be carried out through a spin off into a separate Spanish corporation called "Natac Research S.L." of which Natac owns forty-seven percent (47%) of the share capital, the University owns six percent (6%) of the share capital and various professors and lecturers of the University own the balance of the issued share capital. Through Natac Research S.L., Natac will have access to the over 1,200 square meters of laboratory facilities and a pilot plant with advanced scientific equipment in order to conduct its research and development of various health related products.

The stock closed yesterday at Twenty Four cents a share.

For an in-depth profile of Caleco Pharma, visit http://www.wallstreetnewsalert.com/view-company-profiles.php?profile=CAEH_021010.

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American International Group Inc. (NYSE: AIG) up 16.3% on 31.6 million shares traded. American International Group, Inc. is a world leader in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions.

Boston Scientific Corporation (NYSE: BSX) up 0.7% on 23.7 million shares traded. Boston Scientific is a worldwide developer, manufacturer and marketer of medical devices whose products are used in a broad range of interventional medical specialties.

Google Inc. (NASDAQ: GOOG) down 0.3% on 2.6 million shares traded. Google's innovative search technologies connect millions of people around the world with information every day.

Market Commentary:

The U.S. trade deficit surged to a larger-than-expected $40.18 billion in December, the biggest imbalance in 12 months. It was much larger than the $36 billion deficit that economists had expected with much of the increase coming from a big jump in oil imports.

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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. For current services performed for Caleco Pharma Corp. (OTCBB: CAEH), WSCF has been compensated Forty Thousand Dollars, by a third party who is non-affiliated and may hold a significant position in the stock. WSCF holds no shares of the stock. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's 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.

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