SOURCE: Wall Street News Alert

Wall Street News Alert

June 11, 2007 09:08 ET

Wall Street News Alert: Breaking News Alert - CRFU! June 11, 2007

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

WESTON, FL--(Marketwire - June 11, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Capital Resource Funding Corp. (OTCBB: CRFU), SIRIUS Satellite Radio (NASDAQ: SIRI), General Electric Company (NYSE: GE) and Citigroup Inc. (NYSE: C).

It could be a huge trading day for Capital Resource Funding Corp. (OTCBB: CRFU), soon to be known as China Sun Group High-Tech Co., this Monday morning! Wall Street News Alert is initiating coverage of the company as it has issued two tremendous press releases. Friday after the markets closed, the company, one of China's largest producers of anode materials for use in lithium ion batteries, issued two press releases; the first announcing that it has signed a purchasing contract with a Japanese company that is projected to generate $12.6 million in revenues over 12-months. The second release announced that the company is forecasting fourth quarter revenues of $3.2 million and a turnaround to profitability.

Together, this is huge news for the company and could spark a real interest in the company's shares Monday morning! The contract is with the Japanese company Honjo Chemical Co. to supply them with a fixed amount of 20 tons of cobaltosic oxide every month, for 12-months, beginning July 2007. According to the press release, Capital Resource projects the order will deliver monthly sales of approximately $1,050,000 per month, resulting in total revenues of approximately $12.6 million in 12-months. Revenues are calculated based on London MB's price as of the quarter ended March 31, 2007, the exchange rate of one US dollar to RMB, and the proportion of cobalt in the Company's product. All three of these factors may fluctuate during the course of the contract, which could have a material effect on the Company's total sales projection.

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Capital Resource Funding Corp! According to the company's press release, for the fourth quarter ended May 31, 2007, the Company forecasts net revenues of $3,200,000, an increase of 20%, compared to $2,661,696 in net revenues reported in the third quarter ended February 28, 2007. Forecasted gross profit in the fourth quarter of 2007 is $1,100,000, or 34% of forecasted net revenues, representing an increase of 42% compared to gross profit of $772,766 reported in the third quarter of 2007. Forecasted net income for the fourth quarter of 2007 is $500,000, compared to a net loss of ($208,459) reported in the third quarter of 2007.

Continue to watch this company. Chairman and CEO of Capital Resource Funding Corp. Wang Bin said, "We are pleased we have established a solid revenue base in the fourth quarter of 2007, which we expect will show an increase over the third fiscal quarter ended February 28, 2007 and a turnaround to profitability."

Bin continued, "We have successfully completed our integration with DLX, the second largest cobalt production facility in China. We look forward to capitalizing on their manufacturing strengths, while expanding our operations during the remainder of 2007. We plan to establish an electro-chemistry testing center to increase the quality of our current product line of anode materials used in lithium ion batteries. Our future plans also include establishing a processing factory on our property located at the Dalian High-Tech Park Ganjingzi Zone in China."

Prior to the press releases, the stock had closed Friday at around Ninety cents a share.

For Wall Street News Alert's in-depth profile of Capital Resource Funding Corp, visit http://www.WallStreetNewsAlert.com/HotStocks/CRFU061007/default.aspx

*Source: The China Battery Industry Association

In case you are not familiar with the company: Capital Resource Funding, Inc., pending a corporate name change to China Sun Group High-Tech Co., produces anode materials used in lithium ion batteries. Through its wholly owned operating subsidiary, Da Lian Xin Yang High-Tech Development Co. Ltd ("DLX"), the Company primarily produces cobaltosic oxide and lithium cobalt oxide. According to the China Battery Industry Association, DLX has the second largest cobalt series production capacity in China. Leveraging on its technological leadership in China, high-quality product line and scalable production facility, DLX plans to create a fully integrated supply chain from the primary manufacturing of cobalt ore to finished products, including lithium ion batteries.

To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit www.WallStreetNewsAlert.com, where you may also sign up to receive free email alerts in advance of our press releases being issued.

SIRIUS Satellite Radio (NASDAQ: SIRI) down 1.4% on 39.1 million shares traded.

SIRIUS, "The Best Radio on Radio," delivers more than 130 channels of the best programming in all of radio. SIRIUS is the original and only home of 100% commercial free music channels in satellite radio, offering 69 music channels. SIRIUS also delivers 65 channels of sports, news, talk, entertainment, traffic, weather and data.

General Electric Company (NYSE: GE) up 1.5% on 30 million shares traded.

GE, a diversified technology, is a media and financial services company focused on solving some of the world's toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide.

Citigroup Inc. (NYSE: C) up 1.5% on 22.8 million shares traded.

Citi, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management.

Market Commentary:

"Oil prices fell by more than $2 a barrel Friday after news that Cyclone Gonu had spared major oil installations in the Gulf of Oman, alleviating supply worries. Light, sweet crude for July delivery dropped $2.17 to settle at $64.76 a barrel on the New York Mercantile Exchange after dropping as low as $64.60 in the session," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

Let Wall Street News Alert help advertise for your company using our effective awareness campaigns. If you're Interested in telling your story, we can help. Contact us at info@wallstreetnewsalert.com

WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. The Wall Street News Alert home page has experienced over 50 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com and select the "join now" button.

*** It has come to the attention of Wall Street News Alert (WSNA), that various persons or companies distribute faxes bearing similar names to Wall Street News Alert. Wall Street News Alert is not affiliated with faxes bearing names such as: Wall Street Stock Alert, Wall Street Investor Alert, Wall Street News Alert or any other fax using various combinations of the generic words Wall Street.***

Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF also maintains a contractual, working relationship with Stock Market Alerts LLC and its Wall Street Enews brand. WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.

This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. WSCF has been compensated Fifteen Thousand Dollars for coverage of Capital Resource Funding Corp. (OTCBB: CRFU), by a third party (National Financial Communications Corp), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

This release contains "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 and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.

Contact Information