SOURCE: Stock Market Alerts

October 17, 2007 09:10 ET

Stock on the Move for Wednesday: AXTG! October 17, 2007

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

MIAMI, FL--(Marketwire - October 17, 2007) - Stock Market Alerts' performance stock list includes: Axis Technologies, Inc (PINKSHEETS: AXTG), Schlumberger Limited (NYSE: SLB), Chevron Corporation (NYSE: CVX) and Terra Nostra Resources Corporation (OTCBB: TNRO).

Investors should be watching as Axis Technologies Group, Inc. (PINKSHEETS: AXTG) continues the stream of breaking news for the week! This morning, the company, whose patented energy-saving and daylight harvesting electronic dimming ballasts is continuing to gain widespread acceptance, issued a press release announcing that that the company has received a purchase order from Energy Innovation Group (EIG) for $250,000. Axis received an initial purchase order from EIG in excess of $55,000 on October 11, 2007.

More good news for AXTG investors! In September, Axis announced that the company had signed an agreement with Energy Innovation Group, headquartered in Culver City, CA, to develop a retro-fit market in California for the Axis Dimming/Daylight Harvesting (DDH) ballast. According to the press release, Sid Pelston, managing partner of EIG, forecasted sales of $4,000,000 in Axis products over the next 15 months, with a target upwards to $28,000,000 nationally over the next 36 months.

"EIG is a partner in the League of California Cities, and along with many notable league partners such as Southern California Edison, Pacific Gas & Electric, San Diego Gas & Electric and Siemens, the company intends to focus on reducing energy costs and conserve energy use throughout California," said Sid Pelston of Energy Innovation Group.

"EIG's specific focus is to introduce the Axis ballast to all cities in California who have experienced rate increases, in many cases by as much as 25%, over the last two years. We are very pleased to have already received our first orders for the Axis ballast from the city of El Segundo, California," added Pelston.

On Monday, the company reported that the recent installation of its Green technology products at the Lincoln Electric System Administration Building was to be featured on Omaha NBC news affiliate WOWT's Channel 6 evening news starting at 5:00PM central time. The news story will also be available on WOWT's website at www.wowt.com starting Tuesday, October 16th.

This week, another press release was issued announcing that the company's proprietary Dimming/Daylight Harvesting (DDH) Ballast has met all necessary requirements and is now included with other energy-saving products in a green energy rebate program offered by New York State Energy Research and Development Authority (NYSERDA) valued at $37 million.

That press release states that NYSERDA's current five-year operating plan includes a total of $436.3 million in energy reduction incentives. One such program titled the Permanent Demand Reduction Program includes rebates for certain products that reduce electrical demand during summer weekday afternoons.

Continue to watch this company.

The company's stock closed at $1.24 a share

Axis Technologies Group, Inc. has developed an innovative new ballast, an electronic component that regulates voltage in fluorescent lighting, that focuses on expanding daylight harvesting into mainstream fluorescent lighting applications. The patented Axis Dimming/Daylight Harvesting Ballast is a new technology that transforms the ballast, a once standard lighting industry staple, into a dynamic energy-saving system that can reduce lighting energy costs by up to 70%. The Axis DDH Ballast utilizes an individual photo sensor to automatically adjust the amount of electrical current flowing to the light fixture, and then dims or increases lighting in conjunction with the amount of available sunlight that may be harvested from available windows and sunlight. The Axis DDH Ballast avoids "over-lit" conditions that increase energy costs by keeping lighting "tuned" to the desired level in a designated area.

Other Stocks of interest yesterday were:

Schlumberger Limited (NYSE: SLB) up 0.6% on 9 million shares traded. Schlumberger is the world's leading oilfield services company supplying technology, information solutions and integrated project management that optimize reservoir performance for customers working in the oil and gas industry.

Chevron Corporation (NYSE: CVX) up 1.2% on 10.8 million shares traded. Chevron is one of the world's leading energy companies. With more than 56,000 employees, Chevron subsidiaries conduct business in approximately 180 countries around the world, producing and transporting crude oil and natural gas, and refining, marketing, and distributing fuels and other energy products.

Terra Nostra Resources Corporation (OTCBB: TNRO) up 0.3% on 1.1 million shares traded. Terra Nostra is one of the leading copper producers in China through its 51% interest in Shandong Terra Nostra Jinpeng Metallurgical Co., Ltd., which has an existing and under construction total production capacity of 170,000 MT of electrolytic copper, 20,000 MT of low-oxygen copper, and value-added copper rod and wire facilities.

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 Axis Technologies, Inc (PINKSHEETS: AXTG). The compensation was sixteen thousand dollars, from third party, Neapolitan Financial Services, who may hold a significant position in the stock. The company also was compensated sixty four thousand dollars in 2006 and forty two thousand dollars in 2007, all from third party, ATN Enterprises 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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