SOURCE: Stock Market Alerts

October 18, 2007 09:35 ET

Aggressive Stock Alert: ELHI! October 18, 2007

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

MIAMI, FL--(Marketwire - October 18, 2007) - Stock Market Alerts' performance stock list includes: Edgeline Holdings, Inc. (OTCBB: ELHI), PetroChina Company Limited (NYSE: PTR), Neurochem Inc. (NASDAQ: NRMX), China North East Petroleum Holdings Limited (OTCBB: CNEH).

Expecting to close on another acquisition by the end of the month, Edgeline Holdings, Inc. (OTCBB: ELHI) will have investors monitoring the company closely. Wednesday after the markets closed, the company, a diversified publicly traded holding company that specializes in the area of discovering and acquiring leading-edge niche technologies, issued a press release announcing that it has received a $7,500,000 funding proposal.

This news should be welcomed by investors! The company is currently evaluating this proposal along with several other alternatives. This proposed funding would allow the company to continue to execute on its business strategy with its existing prospects and also have the ability to seek and develop new opportunities.

"This proposed transaction would be a tremendous step forward in securing the necessary finances to develop our business," stated Leonard Ivins, CEO of Edgeline Holdings. "Additional funding is required to expand our announced projects in our current three distinct business segments."

More great news for ELHI, which also announced this week that it now expects to close on its acquisition of Intertech Bio by the end of the month! Intertech Bio will initially focus on developing novel cancer treatments specifically targeting the brain, pancreatic and ovarian tumors. The press release states that the market for cancer therapies is greater than $8 billion and will continue to increase as the population ages. The forecasted sales for cancer related therapies are $25.2 billion by 2015.

"This acquisition will bring an experienced team of scientists that have many years in this industry," stated Leonard Ivins, Chief Executive Officer of Edgeline Holdings. "We believe that the acquisition of Intertech Bio will significantly enhance the value of our company in the short and long term. We will continue to look at new opportunities to add to our portfolio holdings and evaluate industry partner relationships to ultimately maximize shareholder value."

This is certainly another company for investors to watch closely! Last week the company issued a press release announcing that that its newly formed subsidiary, New EnerSource Inc., has scheduled field testing on a minimum of five wells next week as it continues the due diligence phase on its potential acquisition of an enhanced oil recovery technology.

This should complete the company's field due diligence phase and based on the results New EnerSource will make the determination whether to proceed with the acquisition negotiations. This technology would still require additional funding to fully develop, but if successful, would address part of the unrecoverable oil market. It is estimated that Texas alone has over 100 billion barrels of oil that are classified as unrecoverable.

Before the news was released, the stock closed Wednesday at Sixty Nine a share.

For Stock Market Alerts' in-depth profile of Edgeline Holdings, visit

Headquartered in Houston, Texas, Edgeline Holdings, Inc. is a diversified publicly traded holding company that specializes in the area of discovering and acquiring leading-edge niche technologies. These technologies will be incubated and nurtured into market ready applications. Edgeline's current and prospective portfolio consists of early stage companies that require management expertise to further develop the technology to ultimately maximize the value of such technologies by bringing them to market through licensing arrangements and partnerships.

Other Stocks of interest yesterday were:

PetroChina Company Limited (NYSE: PTR) up 33.5% on 7.9 million shares traded. Petrochina Company Ltd. together with its subsidiaries, engages in petroleum and natural gas related activities in the People's Republic of China. It operates in four segments: Exploration and Production, Refining and Marketing, Chemicals and Marketing, and Natural Gas and Pipeline. The Exploration and Production segment engages in the exploration, development, production, and sale of crude oil and natural gas. The Refining and Marketing segment involves in refining, transportation, storage, and marketing of crude oil and petroleum products. The Chemicals and Marketing segment produces and sells basic petrochemical products, derivative petrochemical products, and other chemical products. The Natural Gas and Pipeline segment transmits natural gas, crude oil, and refined products, as well as sells natural gas.

Neurochem Inc. (NASDAQ: NRMX) up 33.3% on 4.8 million shares traded. Neurochem Inc. is focused on the development and commercialization of innovative therapeutics to address critical unmet medical needs.

China North East Petroleum Holdings Limited (OTCBB: CNEH) up 7.8% on 921,000 shares traded. China North East Petroleum Holdings Ltd is engaged in the production of crude oil in Northern China. CNEH has a guaranteed arrangement with Jilin Refinery of PetroChina to sell its produced crude oil for use in the China marketplace. The Company currently operates 4 oilfields with 110 producing wells in Northern China and estimates generating approximately average 1,600 barrels of high quality crude oil per day.

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 Edgeline Holdings, Inc. (OTCBB: ELHI). The compensation was thirty two thousand dollars from the company. 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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