SOURCE: Wall Street News Alert

Wall Street News Alert

December 05, 2007 08:46 ET

Wall Street News Alert: ELHI is on the Move! December 5, 2007

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

WESTON, FL--(Marketwire - December 5, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Edgeline Holdings, Inc. (OTCBB: ELHI), Solarfun Power Holdings Co. Ltd. (NASDAQ: SOLF), Evergreen Solar, Inc. (NASDAQ: ESLR) and China Nuvo Solar Energy, Inc. (OTCBB: CNUV).

As Edgeline Holdings, Inc. (OTCBB: ELHI) continues to make progress in implementing its business plan, investors should have their eyes on the company this morning. Yesterday the company, which specializes in the area of discovering and acquiring leading-edge niche technologies, issued a press release announcing that it has completed the acquisition of Intertech Bio Corporation.

This could be good news for the company, as Intertech Bio currently focuses on developing novel cancer treatments specifically targeting the brain, pancreatic and ovarian tumors. Intertech Bio will be moving to offices near the Texas Medical Center in Houston, Texas which is home to some of the most premier cancer treatment centers in the world.

According to the press release, Intertech Bio's medical team has many years developing and working with new cancer therapies, several of which are currently in various stages of obtaining FDA approval. This team is founded by Dr. Waldemar Priebe who is a Professor of Medicinal Chemistry, Department of Experimental Therapeutics at The University of Texas, M.D. Anderson Cancer Center located in Houston, Texas and Dr. Timothy Madden who is the Director of The University of Texas M.D. Anderson Cancer Center, Pharmaceutical Development Center located in Houston, Texas.

"We are excited that we have closed on this acquisition and look forward to fully exploring some of the early stage technologies that are currently being evaluated," stated Len Ivins, Chief Executive Officer of Edgeline Holdings. "Cancer is a disease that has touched most of us or a family member and we hope that Intertech will be able to develop a therapy that can play a part in treating this deadly disease."

Wall Street News Alert is continuing to alert investors to monitor the progress of the Edgeline Holdings, as the company continues to make strides on several fronts! Last month the company had also reported that its newly formed subsidiary, New EnerSource, Inc., had completed the field testing phase of its potential enhanced oil recovery technology acquisition. The press release stated that the company will evaluate the results and determine whether to proceed with the acquisition negotiations. This technology would still require additional funding to fully develop, but if successful, would address part of the unrecoverable oil market. It is estimated that Texas alone has over 100 billion barrels of oil that are classified as unrecoverable.

Prior to the latest press release, the stock closed Tuesday at Fifty Three cents a share.

For an in-depth profile of Edgeline Holdings, visit http://www.WallStreetNewsAlert.com/HotStocks/ELHI120407/default.aspx.

Solarfun Power Holdings Co. Ltd. (NASDAQ: SOLF) up 27.4% on 20.2 million shares traded.

Solarfun Power Holdings Co, Ltd. manufactures both PV cells and PV modules, provides PV cell processing services to convert silicon wafers into PV cells, and supplies solar system integration services in China.

Evergreen Solar, Inc. (NASDAQ: ESLR) up 3.6% on 4.1 million shares traded.

Evergreen Solar, Inc. develops, manufactures and markets solar power products using proprietary, low-cost manufacturing technologies. The Company's patented crystalline silicon technology, known as String Ribbon, uses significantly less silicon than conventional approaches. Evergreen Solar's products provide reliable and environmentally clean electric power for residential and commercial applications globally.

China Nuvo Solar Energy, Inc. (OTCBB: CNUV) up 15.1% on 1.1 million shares traded.

China Nuvo Solar Energy, Inc. is a development stage company that has acquired a license for exclusive worldwide rights to a unique solar cell technology.

Market Commentary:

"Light, sweet crude fell $1.73 to $87.58 per barrel on the New York Mercantile Exchange amid speculation that OPEC will raise production when it meets Wednesday. Also, a U.S. intelligence report that concluded Iran halted its nuclear weapons development program in 2003 helped push prices lower," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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