SOURCE: Wall Street News Alert

Wall Street News Alert

October 01, 2007 11:17 ET

Wall Street News Alert Issues Special Alert on MMTE! October 1, 2007

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

WESTON, FL--(Marketwire - October 1, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Mammoth Energy Group Inc. (PINKSHEETS: MMTE), RemoteMDx (OTCBB: RMDX), Prospect Capital Corporation (NASDAQ: PSEC), RealNetworks®, Inc. (NASDAQ: RNWK).

With Mammoth Energy Group Inc. (PINKSHEETS: MMTE) having announced last week the acquisition of a Fifteen Percent working interest in 17 producing wells, investors looking to possibly benefit from the energy sector are going to continue watching the stock again.

Friday after the markets closed, the company issued a press release announcing that oil prices rose above $83 a barrel Friday as the weak dollar drove investors to the market and concerns remained about a decline in crude inventories at a key Oklahoma terminal.

This is good news for the company, which announced Wednesday that it has completed the acquisition of a Fifteen Percent working interest in 17 producing wells in Oklahoma.

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

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. 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!

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Mammoth Energy Group! 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.

Prior to the press release, the stock closed Friday at Fifty Three cents per share.

For Wall Street News Alert's in-depth and updated profile of Mammoth Energy Group, visit: http://www.WallStreetNewsAlert.com/HotStocks/MMTE093007/default.aspx

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.

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.

RemoteMDx (OTCBB: RMDX) down 1% on 3.2 million shares traded. Through its SecureAlert subsidiary, RemoteMDx offers a unique personal security service combining two-way communications, patented wireless location technology and affordable real-time 24/7 mobile monitoring to assist law enforcement in protecting neighborhoods from predators and to provide peace of mind for families with elderly loved ones who live alone or far away.

Prospect Capital Corporation (NASDAQ: PSEC) up 0.8% on 148,000 shares traded. Prospect Capital Corporation (www.prospectstreet.com) is a closed-end investment company that lends to and invests in private and microcap public businesses. Prospect Capital's investment objective is to generate both current income and capital appreciation through debt and equity investments.

RealNetworks®, Inc. (NASDAQ: RNWK) down 0.5% on 2 million shares traded. RealNetworks, Inc. delivers digital entertainment services to consumers via PC, portable music player, home entertainment system or mobile phone. Real created the streaming media category in 1995 and has continued to lead the market with pioneering products and services, including: RealPlayer®, the first mainstream media player to enable one-click downloading and recording of Internet video; the award-winning Rhapsody® digital music service, which delivers more than 1 billion songs per year; RealArcade®, one of the largest casual games destinations on the Web; and a variety of mobile entertainment services, such as ringback tones, offered to consumers through leading wireless carriers around the world.

Market Commentary:

"The Commerce Department reported that consumer spending rose by 0.6 percent in August, the best showing in four months and better than the 0.4 percent increase that had been expected. Inflation-adjusted spending was also up 0.6 percent, the best showing for this measure in 10 months," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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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 One Hundred and Eight Thousand Three Hundred and Thirty Three shares for coverage of Mammoth Energy Group Inc. (PINKSHEETS: MMTE), by a third party (MBA Investors Ltd., Starr Consulting, Inc., BAF Consulting, Inc. and YT2K, Inc.), 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 has sold Sixteen Thousand of those shares, as of this release, and intends to immediately begin selling its shares as this release is being circulated. 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 clients 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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