SOURCE: IO News Wire

August 11, 2009 10:36 ET

(PINKSHEETS: MNDP) BUY Recommendation and $.68 Price Target

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire.

NEW YORK, NY--(Marketwire - August 11, 2009) - Last week, Grass Roots Research and Development had given Mundus Group Inc. (PINKSHEETS: MNDP) a "BUY" rating and a long term price target of $.68.

Excerpts from the report show Grass Roots Research belief that Mundus Group's multiple revenue streams in complementary industries should be a consistent factor in its growth into 2011. This combined with its subsidiaries well known name in the UAV VTOL industry should further propel Mundus Group into a dominant figure in its industry.

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Other active stocks are BioElectronics Corp (PINKSHEETS: BIEL), SpongeTech (OTCBB: SPNG) and Zenergy (PINKSHEETS: ZENG).

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