SOURCE: Wall Street News Alert

July 28, 2006 09:43 ET

Stock on the Move: HBSC Looks to Enter the Bio Energy Field; Signs Letter of Intent to Acquire Ethanol Projects! July 28, 2006

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

WESTON, FL -- (MARKET WIRE) -- July 28, 2006 -- Wall Street News Alert's "stocks to watch" this morning are: Human Biosystems (OTCBB: HBSC), Johnson & Johnson (NYSE: JNJ), Boston Scientific Corporation (NYSE: BSX) and NVIDIA Corporation (NASDAQ: NVDA).

Human Biosystems (OTCBB: HBSC) may be a target of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company, a developer of preservation platforms for organs and other biomaterials, issued a press release announcing that it has signed a letter of intent ("LOI") to acquire two ethanol production facility projects from EXL III Group Corporation, an equity partner in ethanol plant ventures.

News of the letter of intent may be of interest to investors! "We made the decision to enter the bio energy field because it gives HBS the potential to achieve substantial revenue and profit growth within a predictable timetable, and because the opportunity and expertise to pursue the renewable energy market exists with this acquisition," stated Harry Masuda, CEO of Human BioSystems. "This acquisition should give HBS additional financing options not previously available," continued Mr. Masuda.

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Human Biosystems! The acquisition, which is expected to close in the fall of 2006, is subject to certain conditions, including but not limited to completion of satisfactory due diligence by HBS, the negotiation and completion of a definitive acquisition agreement and Consulting Services Agreement, approval of the HBS and EXL III boards of directors and other customary conditions. According to the press release, the LOI provides that HBS will acquire the projects from EXL III Group Corporation for restricted HBS common stock.

HBS will also enlist the services of Claude Luster III, the principal of EXL III Group Corporation, to serve as the President of a new subsidiary to be formed to develop the ethanol business.

Prior to the latest press release, the stock closed yesterday at around Nineteen cents a share.

For an in-depth profile of Human Biosystems, visit

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Johnson & Johnson (NYSE: JNJ) up 0.8% on 7.6 million shares traded. Johnson & Johnson is one of the most comprehensive and broadly based manufacturers of health care products.

Boston Scientific Corporation (NYSE: BSX) up 4% on 11.9 million shares traded. Boston Scientific is a developer, manufacturer and marketer of medical devices whose products are used in a broad range of interventional medical specialties.

NVIDIA Corporation (NASDAQ: NVDA) up 1.4% on 11.5 million shares traded. NVIDIA Corporation is one of the worldwide leaders in programmable graphics processor technologies.

Market Commentary:

"Oil profits are big, big, big once again. ExxonMobil, the world's largest publically traded company, said second quarter profits were at $10.36 billion or up by 36%; that's a mere $323 million above economists forecast. No slouch Royal Dutch Shell also came in with a big number, $7 billion in profits for the quarter. Also, ConocoPhillips, the third largest U.S. oil company, had record $5.19 net income, a 65% gain above last year," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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