SOURCE: Wall Street News Alert

Wall Street News Alert

August 17, 2007 08:28 ET

Wall Street News Alert Issues Special Alert on UCPI! August 17, 2007

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

WESTON, FL--(Marketwire - August 17, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Unicorp, Inc. (OTCBB: UCPI), Autodesk Incorporated (NASDAQ: ADSK), and Petroleo Brasileiro (NYSE: PBR).

Second quarter results are in, and Unicorp, Inc. (OTCBB: UCPI) should have investors watching the company this morning. Thursday after the markets closed, the company (engaged in the acquisition, development, exploration and production of crude oil and natural gas) issued a press release announcing that its second quarter results for 2007 including revenue up over 300% for the second fiscal quarter of 2006!

Highlights from the company's press release include:

--  A significant increase in oil and gas revenues: For the three months
    ended June 30th 2007, the company reported revenues of $643,554, versus
    $146,579 for the same period in 2006.
--  A decrease in loss from operations before non-cash charges: For the
    three months ended June 30th 2007, the company reported $106,515, versus
    $272,277 for the same period in 2006.
--  Loss from operations for the three months ended June 30th 2007 came in
    at $819,602, versus $1,123,943 for the same period in 2006.

** This is only a partial representation of the company's financial. Please refer to the company's press release for full details.

During the quarter ended June 30, 2007, the company was actively pursuing a major acquisition of producing properties which had significant proved undeveloped locations for additional drilling opportunities. Due to circumstances beyond the control of the company, it was forced to abort the acquisition and charge to expense the costs incurred in performing due diligence of approximately $47,000 and a non-refundable option fee of $100,000. Had these costs not been incurred, the company would have been profitable from operations excluding non-cash charges.

Unicorp also announced that the company reported a net loss applicable to common shares of $1,502,135, or $.01 per share (basic and diluted) for the three months ended June 30, 2007 and $3,006,020, or $0.03 per share (basic and diluted) for the six months ended June 30, 2007, as compared to a net loss of $1,115,414, or $0.01 per share (basic and diluted) and $2,232,151, or $0.03 per share (basic and diluted), respectively, for the same periods in 2006.

Wall Street News Alert continues to alert aggressive investors to watch this company closely. "We are pleased that we had tremendous revenue growth for the second quarter, generated by internal growth as well as an acquisition. We are actively pursuing acquisitions that are immediately accretive to cash flow and hope to close another during the second half of 2007," stated Kevan Casey, CEO of Unicorp. "During the quarter we encountered several situations beyond our control that kept us slightly below being profitable from operations. However, we have made significant strides in this direction by closing the gap and fully expect to be profitable from operations, excluding non-cash charges, for the six months remaining in 2007."

Before the news hit the wires, Unicorp's stock closed Thursday at Twenty-Three cents a share.

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

Unicorp, Inc is primarily engaged in the acquisition, development, exploration and production of crude oil and natural gas. Its focus is on aggressively acquiring working interests in crude oil and natural gas properties with the intent of exploration and development or by enhancing production through the use of modern development techniques such as horizontal drilling, satellite technology and 3-D seismic. The company's goal is to achieve a high return on its investment by limiting its up-front acquisition costs, by quickly developing its acquisitions and by practicing a sound and smart approach to oil and gas exploration and development.

Autodesk, Inc.'s (NASDAQ: ADSK) even on 5.1 million shares traded. Autodesk, Inc. is the world leader in 2D and 3D design software for the manufacturing, building and construction, and media and entertainment markets. Since its introduction of AutoCAD software in 1982, Autodesk has developed the broadest portfolio of state-of-the-art digital prototyping solutions to help customers experience their ideas before they are real.

Petroleo Brasileiro (NYSE: PBR) down 3.3% on 18.6 million shares traded. Petroleo Brasileiro S.A., through its subsidiaries, engages in the exploration, exploitation, and production of oil from reservoir wells, shale, and other rocks. The company supplies oil, liquefied natural gas, and natural gas to refineries in Brazil, as well as sells surplus production in Brazil and foreign markets.

Market Commentary:

"Markets tumbled worldwide before American markets opened this day. Tokyo, China, Europe, and England all were affected by the subprime mortgage and credit crunch. Treasury Secretary Henry Paulson said that the U.S. economy is strong and can handle the turmoil in the markets," 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 50 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. For services, WSCF has been compensated Sixteen Thousand Dollars for current services AND was previously compensated One Hundred and Ninety-Seven Thousand Dollars for past services performed for Unicorp, Inc. (OTCBB: UCPI), by the company. WSCF was also compensated in previous years, for services performed for Unicorp. 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