SOURCE: Wall Street News Alert

Wall Street News Alert

September 27, 2007 09:42 ET

Wall Street News Alert: Investment Alert: MMTE! September 27, 2007

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

WESTON, FL--(Marketwire - September 27, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Mammoth Energy Group Inc. (PINKSHEETS: MMTE), Jabil (NYSE: JBL), KB Home (NYSE: KBH) and Bed Bath & Beyond Incorporated (NASDAQ: BBBY).

After announcing the commencement of a new project and the completion of its reorganization, Mammoth Energy Group Inc. (PINKSHEETS: MMTE) has issued additional news, and it should have investors monitoring the stock this morning. Wednesday after the markets closed, the company issued another press release announcing that it has completed the acquisition of a Fifteen Percent working interest in 17 producing wells in Oklahoma.

This could be additional great news for the company! The working interests are in gas wells in a field of approximately 1,045 acres. Mammoth expects more wells to be drilled on the acreage, possibly up to a total of 25 wells. According to the press release, the wells are currently cash flowing positive and a full accounting of the production and engineering of the wells is anticipated by the end of October.

"This acquisition gives us needed immediate cash flow to fund our exploration and development strategies in Oklahoma," stated Joe Overcash, Mammoth's Chief Executive Officer. Mammoth, through its newly created wholly owned subsidiary, United Gas OK, Inc. has acquired the working interest for a restricted stock at a valuation of $225,000.00 based on partially completed engineering of the production.

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Mammoth Energy Group! On Tuesday, we reported that the company had completed its re-organization by the sale of its prior assets to the original owners leaving the company free of the majority of the debt previously incurred to move forward on new projects. The press release also said that Mammoth, through its wholly owned subsidiary United Gas OK, Inc. has obtained the drilling rights to a gas field in an area of Oklahoma with producing gas wells and known production. The field would allow up to 60 wells to be drilled and management believes that the shallow wells will provide a consistent and reliable cash flow for the company for the next 5-10 years when completed

In Tuesday's press relase, Joe Overcash stated, "This is a limestone formation which provides high probability of natural gas and occasionally some oil. These wells produce at depths around 800 feet and are very economical to drill. We plan to drill 3 wells at a time which will allow the best cost/well. As such, it is our goal to quickly expand our production base in Noble and Kay County by having about 30 or more wells on-line by year end." United acquired the rights to the property in June of 2007.

Prior to the press release, the stock closed Wednesday at around Fifty Six cents per share.

For Wall Street News Alert's in-depth and updated profile of Mammoth Energy Group, visit:

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In case you are not familiar with the company: Mammoth, through its wholly owned subsidiary, United Gas OK, Inc. is focused on developing shallow gas projects in northeastern Oklahoma due to the low risk, blanket characteristics in the area that make it possible to drill and produce a well nearly every time. It is currently focused on developing its Noble and Kay Counties of Oklahoma which is approximately 1,400 acres.

Jabil (NYSE: JBL) down 3% on 3.2 million shares traded. Jabil is an electronic products solutions company providing comprehensive electronics design and product management services to electronics and technology companies. Jabil helps bring electronics products to the market faster and more cost effectively by providing complete electronics product supply chain management around the world.

KB Home (NYSE: KBH) down 3.9% on 6.2 million shares traded. Celebrating its 50th anniversary in the homebuilding industry, KB Home is one of America's largest homebuilders. Headquartered in Los Angeles, the Company has operating divisions in 15 states, building communities from coast to coast.

Bed Bath & Beyond Inc. (NASDAQ: BBBY) up 1.9% on 4.4 million shares traded. Bed Bath & Beyond Inc. and subsidiaries (the "Company") is a nationwide chain of retail stores, operating under the names of Bed Bath & Beyond, Christmas Tree Shops, Harmon and buybuy BABY. The Company sells a wide assortment of merchandise principally including domestics merchandise and home furnishings as well as food, giftware, health and beauty care items and infant and toddler merchandise.

Market Commentary:

"The cheapest place to run a company, according to a report released by The Boyd Co., is in Las Vegas, the most expensive is in New York. To run a 350-person company, taking in factors such as salary of support staff, electricity, taxes, heating and air conditioning it is $27.9 million in New York, $26.4 million in Boston, $22,8 million in Miami, and only $21.9 million in Las Vegas," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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