SOURCE: Wall Street News Alert

Wall Street News Alert

December 12, 2007 08:47 ET

Wall Street News Alert Issues Special Alert on AOGN! December 12, 2007

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

WESTON, FL--(Marketwire - December 12, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Avalon Oil and Gas, Inc. (OTCBB: AOGN), GoldSpring, Inc. (OTCBB: GSPG), Genesis Microchip Inc. (NASDAQ: GNSS) and Cost Plus, Inc. (NASDAQ: CPWM).

Avalon Oil and Gas, Inc. (OTCBB: AOGN) is a new stock to place on your radar and watch as Wall Street News Alert initiates coverage of the company. The company, a conservative oil and gas company, issued a press release Tuesday after the markets closed reporting production up 69% in the quarter.

Good news for AOGN! Kent Rodriguez, CEO of Avalon Oil & Gas, provided an update on the expanding production of the Company's oil and gas asset portfolio, and reported a production increase of 69% over the previous quarter. "As we continue to expand our portfolio of oil and gas producing properties, Avalon is successfully enhancing developmental and rework opportunities to achieve operational profitability," emphasized Mr. Rodriguez. Please refer to yesterday's press release for complete details on the production update.

Kent Rodriguez, Avalon's CEO summarized, "Avalon's portfolio now includes production assets of 44 producing oil and gas wells in 5 states. By optimizing production and increasing operational efficiency, we continue to generate a consistent rate of return for our shareholders." He continued, "We expect to continue this trend by keeping overhead low and expanding our capital deployment over more well interests."

Wall Street News Alert is alerting aggressive investors to watch Avalon Oil and Gas! Avalon Oil & Gas, Inc. is a conservative oil and gas company engaged in the acquisition of proven oil and gas producing properties. The company continues to deploy strategic financial resources for interests in existing production and participation in developmental and rework opportunities. In addition, Avalon's technology group acquires and develops oil production enhancing technologies. Avalon is building an asset portfolio of innovative technologies in the oil and gas industry to maximize enhancement opportunities through Oiltek, Inc., Avalon's majority-owned subsidiary.

The stock closed Tuesday at Forty Three cent a share.

For an in-depth profile of Avalon Oil and Gas, visit

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

GoldSpring, Inc. (OTCBB: GSPG) even on 84.4 million shares traded.

GoldSpring, Inc. is a North American precious metals mining company with an operating gold and silver mine in northern Nevada.

Genesis Microchip Inc. (NASDAQ: GNSS) up 57.2% on 14.8 million shares traded.

Genesis Microchip Inc. is a leading provider of image and video processing systems enabling superior picture quality in flat-panel TVs and a variety of consumer and PC-display products.

Cost Plus, Inc. (NASDAQ: CPWM) up 16.8% on 1.6 million shares traded.

Cost Plus, Inc. is a leading specialty retailer of casual home living and entertaining products that offers a large and ever-changing selection of unique products from around the world at everyday value prices in an exciting shopping environment.

Market Commentary:

"Stocks plunged almost 300 points, as the Federal Reserve lowered its benchmark interest rate by a quarter point to 4.25%, a disappointment to some investors who were hoping for a more aggressive half-point cut from the Fed's final meeting this year," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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 or see our services at

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 100 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at 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. Currently, WSCF has been compensated a total of Fifteen Thousand Dollars for coverage of Avalon Oil and Gas, Inc. (OTCBB: AOGN), by a third party (First Advisory LLC.), who is non-affiliated and may hold a significant positions 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