SOURCE: eLocity Inc.

March 31, 2005 07:20 ET

Thursday's Stock Trading Alert

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

SARASOTA, FL -- (MARKET WIRE) -- March 31, 2005 -- eLocity's stocks to watch for Thursday are -- eMax Holdings Corp. (OTC: EMXC), Diamant Art Corporation of Toronto (OTC BB: DIAAF), Patriot Scientific Corporation (OTC BB: PTSC), China Technology Global Corporation (OTC BB: CTGLF)

Investors may want to have a look at eMax Holdings Corp. (OTC: EMXC), a holding company investing in multimedia and family entertainment content through two corporations, Gold Rush Realty Investments, Inc. and EMAX Alive, Inc., and four divisions, eMax Music, eMax Studios, eMax TV Group and Freedom Entertainment. On Wednesday, the company announced that it has re-appointed Matthew Weber, Roxanna Weber, and Michael Smith to their Board of Directors.

eMax Holdings Corp. said that Matthew ("Chuck") Weber, a veteran of more than three decades in the entertainment industry, is CEO, president, & chairman. Roxanna Weber is CFO, secretary, & co-founder of EMXC, the company said, and Michael Smith has 30 years' experience in finance, sales, marketing, personnel management, radio, and television.

eMax Holdings Corp., with its six operating areas, offers technology driven, high-quality products and services focusing on pre-recorded music, outdoor sports and special events, sales of motorcycle-related accessories, feature film production, television programs and real estate acquisition and development.

Shares of EMXC closed Wednesday's trading session at $0.225.

Other stocks making headlines on Wednesday were:

Diamant Art Corporation of Toronto (OTC BB: DIAAF)

Diamant Film Inc., a subsidiary of Diamant Art Corporation of Toronto, announced Wednesday that it has signed a five-year agreement with Victory Packaging of Houston, Texas for the exclusive sales and distribution rights in North America of Diamant™ film, a non-PVC food stretch film. The company said that Victory Packaging has agreed to purchase minimum quantities of Diamant film beginning with approximately 135,000,000 feet of film in the first year and rising to approximately 4.2 billion feet by the fifth year. The company added that the contract will be worth an estimated $120 million U.S.D. over the five-year period, after fully delivered.

Shares of DIAAF closed Wednesday's trading session at $0.048 on volume of 8.2 million shares.

Patriot Scientific Corporation (OTC BB: PTSC)

Shares of Patriot Scientific Corporation, a semiconductor technology company in the handheld wireless and smart card markets, surged 49.33 percent Wednesday. The company announced Wednesday that it will be releasing its third fiscal quarter earnings on Thursday, March 31, after the market closes.

PTSC closed Wednesday's trading session at $0.112 on volume of 5.28 million shares.

China Technology Global Corporation (OTC BB: CTGLF)

Customizable software and hardware systems designer and manufacturer, China Technology Global Corporation, announced Wednesday that it has been entrusted by China Merchants DiChain (Asia) Ltd. for its proposal of developing its integrated logistics operation and management system, estimated to be about US$ 6.5 million.

CTGLF closed Wednesday's trading session at $0.14 on volume of 2.05 million shares.

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The newsletter is provided by eLocity Inc., an electronic broadcaster and publisher of this newsletter, is here after referred to as "the company." The company received compensation for newsletter and ad services for EMXC (Public Company). The compensation is one thousand dollars from a non-affiliated third party. 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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Contact Information

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    eLocity Inc.
    Thomas Clay