SOURCE: Wall Street News Alert

Wall Street News Alert

June 11, 2007 09:43 ET

Wall Street News Alert: CRFU Is Monday's Stock to Watch! 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), QUALCOMM Incorporated (NASDAQ: QCOM), Texas Instruments Inc (NYSE: TXN) and Applied Materials, Inc. (NASDAQ: AMAT).

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.

QUALCOMM Incorporated (NASDAQ: QCOM) up 2% on 37.4 million shares traded.

QUALCOMM Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies.

Texas Instruments Inc (NYSE: TXN) up 4.5% on 26.2 million shares traded.

Texas Instruments Incorporated engages in the design, manufacture, marketing, and sale of high-technology components in the United States, Asia, Europe, Japan, and rest of the world.

Applied Materials, Inc. (NASDAQ: AMAT) up 2% on 22.8 milllion shares traded.

Applied Materials, Inc. is the global leader in nanomanufacturing technology™ solutions with a broad portfolio of innovative equipment, service and software products for the fabrication of semiconductor chips, flat panels, solar photovoltaic cells, flexible electronics and energy efficient glass.

Market Commentary:

"The trade deficit dropped sharply in April as strong overseas demand pushed American exports to an all-time high. The Commerce Department reported Friday that the gap between what America sells abroad and what it imports totaled $58.5 billion in April, a 6.2 percent decline from the March deficit," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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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.

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