SOURCE: Stock Market Alerts

December 10, 2007 09:30 ET

Aggressive Stock Alert: AOGN! December 10, 2007

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Stock Market Alerts.

MIAMI, FL--(Marketwire - December 10, 2007) - Stock Market Alerts' performance stock list includes: Avalon Oil and Gas, Inc. (OTCBB: AOGN), ICO, Inc. (NASDAQ: ICOC), VeriFone Holdings, Inc. (NYSE: PAY), Idearc Inc. (NYSE: IAR).

Having just announced last week it has reported record revenues for the Second Quarter 2007, Avalon Oil and Gas, Inc. (OTCBB: AOGN) should have the attention of investors looking to possibly benefit from the energy sectors! Friday after the markets closed, the company, an oil and gas investment company engaged in the acquisition of oil and gas producing properties, issued a press release announcing that its majority-owned subsidiary, Oiltek, Inc., has filed a Form S-1 with the Securities and Exchange Commission, and intends for its shares to be quoted on the OTC Bulletin Board after the Form S-1 has been approved.

More good news for AOGN, as according to the press release, Avalon plans to spin-off the shares it owns in Oiltek to Avalon's shareholders on a date determined by the Board of Directors. In August, Avalon entered into an Exclusive License Agreement with Oiltek, wherein it received approximately eighty percent (80%) or ten million shares of the Common Stock in Oiltek, in exchange for the rights to market Avalon's portfolio of energy technologies. Avalon initially filed the Oiltek Form S-1 on October 22, and has responded to comments received back from the SEC on November 23. The Company expects the revised filing to take effect very soon.

Kent Rodriguez, Avalon's CEO, said that, "The filing of the Oiltek Registration Statement forwards our strategy to add significant shareholder value through enhanced oil and gas recovery opportunities." He added, "We will be pleased to be able to offer Avalon shareholders of record a stock dividend, with the record date yet to be determined by the Board of Directors."

The energy technologies Avalon has licensed to Oiltek support energy recovery and production enhancements for recovering oil from marginal producing oil wells. With the rise in crude oil prices and capital availability, this market represents a significant opportunity to impact North American oil production.

The intellectual properties licensed to Oiltek include: energy production enhancements for paraffin wax mitigation; intelligent drilling and completion for real-time reservoir monitoring; and leak detection for hazardous gas pipelines. Oiltek is a focused technology commercialization company which acquires and develops oil and gas production enhancing technologies from early stage licensing partners.

The company should have investors watching! The company also reported last week its financial results for the Second Quarter ended September 30, 2007. The press release states that in the Form 10-QSB the Company has filed with the SEC, Avalon demonstrates the continuing success of its business plan with an exponential increase in revenues over the prior year. According to the press release, total revenues for the six months ending September 30, 2007 increased to $100,306 from $6,090 for the corresponding period in the previous year, an increase of 1,547%. Oil and gas revenues for the three months ending September 30, 2007 were $57,342, up from the previous quarter where revenues were $42,964, marking an increase in quarterly revenue of 33%. This demonstrates strong and consistent revenue growth for the second consecutive quarter of the current fiscal year, and the fifth consecutive quarter of revenue growth to date. The press release also states total shareholders equity increased to $2,341,615 from $2,093,680 at the end of the second quarter last year, an increase of 12%.

Before the news was released, the stock closed Friday at around Forty Five cents a share.

For Stock Market Alerts' in-depth profile of Avalon Oil and Gas, visit http://www.wallstreetenews.com/HotStocks/AOGN120907/default.aspx.

Other Stocks of interest Friday were:

ICO, Inc. (NASDAQ: ICOC) up 23.4% on 1 million shares traded. With 19 locations in 10 countries, ICO Polymers produces custom polymer powders for rotational molding and other polymer related businesses, such as the textile, metal coating and masterbatch markets.

VeriFone Holdings, Inc. (NYSE: PAY) up 9.6% on 15.2 million shares traded. VeriFone Holdings, Inc. is the global leader in secure electronic payment solutions.

Idearc Inc. (NYSE: IAR) up 9.6% on 2.5 million shares traded. Idearc Inc. connects buyers and sellers with its multi-platform of advertising solutions including Verizon® Yellow Pages, Verizon® White Pages, smaller-sized portable Verizon® Yellow Pages Companion Directories, Superpages.com® , Superpages Mobile(SM), Solutions At Hand™ magazine, Solutions at Home™ magazine, and Solutions on the Move™ and Solutions Direct™ direct mail packages. Idearc provides sales, publishing and other related services for more than 1,200 distinct directory titles in 35 states and the District of Columbia.

The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company." The company received compensation for services performed for Avalon Oil and Gas, Inc. (OTCBB: AOGN). The compensation is fifteen thousand dollars from third party, First Advisory LLC., who may hold a significant position in the stock. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

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