SOURCE: Wall Street News Alert

Wall Street News Alert

June 12, 2009 09:33 ET

Wall Street News Alert: Stock in Focus: Arrow Resources Development! June 12, 2009

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

WESTON, FL--(Marketwire - June 12, 2009) - Wall Street News Alert's "stocks to watch" this morning are: Arrow Resources Development, Inc. (OTCBB: ARWD), Halliburton (NYSE: HAL), Schlumberger Limited (NYSE: SLB) and BP plc (NYSE: BP).

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Having previously announced that it has engaged South Bay Capital, Inc. to advise the company in its efforts to raise as much as $10,000,000 for additional operating capital, Arrow Resources Development, Inc. (OTCBB: ARWD), should have investors watching the stock closely.

Wednesday the company issued a press release announcing that it has entered into a Patent License Agreement and Placement Agent Agreement with Capital Growth Planning, Inc. ( to use its Life Insurance Backed Collateral ("LIBAC(SM)") structure to offer investment protection to prospective investors in its current offering of up to Ten Million Dollars (USD $10,000,000). Capital Growth Planning, Inc., established in 1969, is a Fully Diversified Investment and Financial Services Corporation specializing in comprehensive Financial, Investment, Tax, Business, and Estate Planning.

The company also reported in May it has engaged South Bay Capital, Inc. to advise the company in its efforts to raise as much as $10,000,000 for additional operating capital at a conversion price of $2.00. Arrow had recently filed its 10K annual report for year ending December 31st, 2008 with the Securities and Exchange Commission and can be viewed on the SEC's website.

Also in May, the company announced that it continues to expand its operations as Arrow and its joint venture partners have agreed to commence developing 50,000 hectares of critical land in the South Sulawesi province near the city of Makassar (formerly known as Ujung Pandang) for the cultivation of large scale corn and eucalyptus farming.

This news should be welcomed by investors, as the press release states that this brings the total land under development to 129,000 hectares, or over 300,000 acres, and represents an increase of over 60%. Arrow will continue to extend their commitment to sustainable agriculture and develop only deforested land; land which has been previously illegally harvested.

Investors are urged to keep a close eye on future developments. Arrow Resources Development, Inc. develops and coordinates corporate operations, finance, sales and marketing activities along with the administration of the corporate citizenship programs for natural resource development companies in the Asian market. Its initial relationship with Arrow Pacific Resources Group Limited (BVI Company) is for the development of large-scale plantation and farming operations in Indonesia. Arrow has signed a similar agreement with Gerakan Masyarakat Pelestari Lingkungan Hidup (GMPLH), and GMPLH's joint venture partner, PT Tiga Duan (Indonesian company owned by Arrow Pacific) for the large-scale plantation/farming and ethanol plants in Indonesia. Arrow's agreements entitle the Company to 10% of all gross revenue generated by all their partners' plantation/farming including any and all sales of natural resources and derivative products.

The stock closed yesterday at Five cents a share.

For an in-depth profile of Arrow Resources Development, visit

Halliburton (NYSE: HAL) up 4.1% on 18.6 million shares traded.

Halliburton is one of the world's largest providers of products and services to the energy industry.

Schlumberger Limited (NYSE: SLB) up 4.9% on 17.1 million shares traded.

Schlumberger is the world's leading supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry worldwide.

BP plc (NYSE: BP) up 0.1% on 6.2 million shares traded.

BP is one of the world's largest energy companies, with interests in more than 100 countries and over 96,000 employees.

Market Commentary:

The Commerce Department said retail sales rose 0.5 percent in May, ending two months of declines and marking the largest increase since January.

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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. For current services performed for Arrow Resources Development, Inc. (OTCBB: ARWD), WSCF has been compensated Four Hundred Thousand shares, by a third party, Vincent Kenyon, who is non-affiliated and may hold a significant position in the stock. WSCF holds Three Hundred Thousand of those shares as of this release, but 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 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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