SOURCE: Wall Street News Alert

Wall Street News Alert

June 28, 2007 08:33 ET

Wall Street News Alert: RRPH Is on the Move! June 28, 2007

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

WESTON, FL--(Marketwire - June 28, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Red Rock Pictures Holdings, Inc. (OTCBB: RRPH), Lions Gate Entertainment (NYSE: LGF), CBS Corporation (NYSE: CBS) and Clear Channel Communications Inc. (NYSE: CCU).

Red Rock Pictures Holdings, Inc. (OTCBB: RRPH) is another new stock to put on your radar and watch as Wall Street News Alert initiates coverage of the company. The company, which finances and co-produces feature films and entertainment for all media, has recently issued a press release announcing that it has agreed to finance the marketing costs for the upcoming release of Adam Rifkin's "Homo Erectus."

The picture has some well-known names involved and was written by, stars, and is directed by Adam Rifkin ("Underdog," "He-Man And The Masters Of The Universe") and was produced by Brad Wyman ("Monster," "Freeway") in association with Burnt Orange Productions.

The picture also stars Ali Larter ("Heroes," "Final Destination") as Mr. Rifkin's love interest, Gary Busey ("Lost Highway," "The Firm"), Talia Shire ("Blue Smoke," "I Heart Huckabees"), David Carradine ("Kill Bill," "Big Stan") and features a cameo by Tom Arnold ("True Lies," "Best Damn Sports Show")!

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Red Rock Pictures! Red Rock Pictures management team has been involved in over 50 feature length films, with an outstanding proven track record that generated over a billion dollars in the U.S. domestic box office market, and over 2 billion dollars in total revenue.

"'Homo Erectus,' is exactly the kind of picture we created Red Rock to support, and Adam Rifkin and Brad Wyman are exactly the kind of filmmakers we built this company to attract," Red Rock president Barry Layne commented. "We couldn't be more excited to get behind a picture."

"Homo Erectus," has already garnered praise from the likes of Entertainment Weekly, Cinemablend and IndieWire. Mr. Rifkin recently penned "Underdog" for Disney and John Woo's upcoming feature with 20th Century Fox "He-Man And The Masters Of The Universe." As a director he helmed the critically acclaimed movies "The Chase," starring Charlie Sheen, and the cult classic "Detroit Rock City."

Continue to watch this company. "Homo Erectus" is scheduled for theatrical release in August, 2007.

RRPH stock closed Wednesday at $1.90 a share.

For Wall Street News Alert's in-depth profile of Red Rock Pictures, visit http://www.WallStreetNewsAlert.com/HotStocks/RRPH062707/default.aspx

In case you are not familiar with the company: Red Rock Pictures finances and co-produces feature films and entertainment for all media. Dedicated to truly partnering with the creative community -- from up-and-coming writers, directors and producers to experienced hands in film, television and digital media

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.

Lions Gate Entertainment (NYSE: LGF) down 1.3% on 740,000 shares traded. Lions Gate is the leading independent producer and distributor of motion pictures, television programming, home entertainment, family entertainment and video-on-demand content, releasing approximately 20 feature films annually, including the "SAW," Tyler Perry and "HOSTEL" franchises and the 2006 Best Picture Academy Award® winner "CRASH."

CBS Corporation (NYSE: CBS) up 0.9% on 4.4 million shares traded. CBS Corporation is a mass media company with constituent parts that reach back to the beginnings of the broadcast industry, as well as newer businesses that operate on the leading edge of the media industry.

Clear Channel Communications Inc. (NYSE: CCU) down 0.7% on 3.2 million shares traded. Clear Channel Communications Inc. is a global media and entertainment company specializing in "gone-from-home" entertainment and information services for local communities and premiere opportunities for advertisers. Based in San Antonio, Texas, Clear Channel's businesses include radio, television and outdoor displays.

Market Commentary:

"The Commerce Department said that durable goods orders for last month dropped by 2.8%, outpacing the 1.7% foreseen by economists. These numbers show that the business cycle is still slow and has been for the last 12 months," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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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 Fourteen Thousand Dollars for coverage of Red Rock Pictures Holdings, Inc. (OTCBB: RRPH), by a third party (Alex Consulting 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 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.

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