SOURCE: eLocity Inc.

September 22, 2008 08:10 ET

Stock Trading Alert for Monday, September 22nd

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by eLocity Inc.

SARASOTA, FL--(Marketwire - September 22, 2008) - eLocity's stocks to watch for today are -- Uranium Hunter Corporation (OTCBB: URHN), Universal Energy Corp. (OTCBB: UVSE), GoldSpring, Inc. (OTCBB: GSPG), SpongeTech® Delivery Systems, Inc. (OTCBB: SPNG):

Investors, have a look at Uranium Hunter Corporation (OTCBB: URHN), a natural resource corporation devoted to the exploration and development of deposits of Uranium and Gold in East Africa. The Company announced on Friday that its Ruhuhu trenching results have yielded 2475 cps at target RL4T2. The reading was taken as part of the ongoing advanced field program at Ruhuhu, marking the highest readings found to date.

After previous results yielding 1253 cps at Ruhuhu target 4 over a 145m trend, Uranium Hunter Corporation said it now has further results that confirm potential mineralization. The Company said it looks forward to further results at Ruhuhu and will update shareholders as the results of the field program become available.

President of Uranium Hunter, Ghaith Qamheiah, commented, "With the current volatility in the financial markets, we are very pleased to be making solid progress on our East African Uranium Projects. The demand for uranium is tremendously high, and we continue to work towards delivering solid results to our shareholders."

Shares of Uranium Hunter Corporation (OTCBB: URHN) closed on Friday at $0.15.

Other stocks to watch:

Universal Energy Corp. (OTCBB: UVSE), an energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States, announced last week that a world renowned processing and development services provider had been selected to reprocess the proprietary seismic data at the Company's Lone Oak prospect. The processing techniques will take four to six weeks to complete and will provide the necessary data to further develop the Lone Oak prospect, the Company said.

UVSE closed on Friday at $0.0017.

GoldSpring, Inc. (OTCBB: GSPG), a North American precious metals mining company, announced on Thursday that it will be hosting its first Investor Day at its Comstock property on October 11, 2008 from 10 am to 4 pm pacific time. The Company said the Day will consist of a comprehensive tour of its Comstock property, including the Hartford Complex, an overview of its mineral holdings and the property's geologic setting and a discussion of the Company's Preliminary Resource Report.

GSPG closed on Friday at $0.0285.

SpongeTech® Delivery Systems, Inc. (OTCBB: SPNG), a development stage company that designs, produces and markets a unique line of reusable cleaning products for household use, announced on Thursday that it had started an aggressive marketing campaign the previous weekend utilizing the combined values of Howard Stern, Chris Russo, and NASCAR Radio on SIRIUS Satellite Radio, which coupled with its aggressive TV advertising, had resulted in five consecutive days of gross internet sales over $1,000,000.

SPNG closed on Friday at $0.0275.

The newsletter is provided by eLocity Inc., an electronic broadcaster and publisher of this newsletter, and hereafter referred to as "the company." The company received compensation for this service for URHN (Public Company). The compensation is $1,000 from a non affiliated third party, Alex Consulting, Inc. 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.

The company reserves the right to trade in securities mentioned herein, and may make purchases or sales in such securities featured within our newsletter reports. The information contained in this publication is for informational purposes only, and not to be construed as an offer to sell or solicitation of an offer to buy any security. The company makes no representation or warranty relating to the validity of the facts presented nor does the company represent or warrant that all material facts necessary to make an investment decision are presented above. All statements of opinions, if any, (Our Summary) are those of the company.

The company relies exclusively on information gathered on the Public Company, such as public filings, press releases and its web sites. Investors should use the information contained in this publication as a starting point for conducting additional research on the Public Company in order to allow the investor to form his or her own opinion regarding the Public Company. Factual statements contained in this publication are made as of the date stated and they are subject to change without notice. The company is not a registered investment adviser, broker or a dealer.

Investing in the Public Company that this newsletter is providing service for should be reviewed as speculative and a high risk and may result in the loss of some or all of any investment made in the client. This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended.

The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements.

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