SOURCE: Wall Street News Alert

Wall Street News Alert

May 28, 2008 09:33 ET

Wall Street News Alert: TORO Is Wednesday's Stock to Watch! May 28, 2008

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

WESTON, FL--(Marketwire - May 28, 2008) - Wall Street News Alert's "stocks to watch" this morning are: Toro Ventures, Inc. (OTCBB: TORO), Standard Pacific Corp. (NYSE: SPF), Schering-Plough Corporation (NYSE: SGP) and Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW).

Toro Ventures, Inc. (OTCBB: TORO) should, once again have the attention of investors and traders this morning. Yesterday after the markets closed, the company issued a press release announcing that has been informed by Nitro Petroleum, Inc., the operator of the Crown Lease and the Quinlan #3 Lease, that Jerry Scott Drilling has commenced drilling of the Quinlan #3 Oil and Gas prospect.

Good news for TORO! The press release states: "As of Tuesday, drilling is right on schedule and we have passed through 3500 ft. We estimate that it will only take an additional 4 days to complete the drilling of the Quinlan #3." Toro is providing new up to date photos of the producing Crown Oil and Gas lease and photos of the drilling on the Quinlan #3 lease. Please visit and go to the Investor Relations section for photos.

The Quinlan Lease is located in the Hunton Limestone formation and this is considered to be one of the best producing formations in Oklahoma. According to the press release, the region has produced in excess of 5.8 million barrels of Oil to date, with value of over $626 Million USD.

Nitro Petroleum, Inc., operator of the Crown Leases, has stated they are "extremely excited to be working with Toro. We are very eager to complete this larger project with Toro, the drilling of the Quinlan #3 well. The Quinlan Leases have a potential for offsets in a proven developed field. Initial production numbers from the Quinlan #1 were 334 Barrels of Oil a Day and the #2 Initial production was 298 Barrels of Oil per Day so we are all excited to be moving onto this very productive lease."

Frederick Graham, President and CEO of Toro, stated that, "This is another major leap forward for Toro. The rework program has been completed on our first lease. The timeframe with which Toro has been able to go from an exploration-based company to now a producing company demonstrates the Company's ability to meet project milestones."

Toro will also be continuing to give more details on the Crown Lease as soon as possible. The Crown #1 well had not been perforated in the Hunton Lime Zone. Nitro Petroleum, Inc. elected to perforate the top 5 feet of the Hunton Zone. Nitro was successful in the perforation and expects this to increase production on the Crown #1. The Hunton Lime Zone and the First Wilcox formations have produced over 5.8 million barrels of oil.

Investors are urged to monitor the progress of the company! Toro Ventures, Inc. has moved aggressively into the Oil and Natural Gas exploration business. Oil and Gas prices are at high levels due to increased world energy demands and supply shortfalls. These higher prices should enable smaller and faster moving companies like Toro Ventures to be aggressive in acquiring further opportunities within the Sector.

Prior to the latest press release, the stock closed Tuesday at $1.99 a share.

For an in-depth profile of Toro Ventures, visit

Standard Pacific Corp. (NYSE: SPF) up 48.2% on 27.3 million shares traded. Standard Pacific Corp., one of the nation's largest homebuilders, has built homes for more than 102,000 families during its 42-year history. The Company constructs homes within a wide range of price and size targeting a broad range of homebuyers.

Schering-Plough Corporation (NYSE: SGP) up 4.4% on 16.7 million shares traded. Schering-Plough is an innovation-driven, science-centered global health care company. Through its own biopharmaceutical research and collaborations with partners, Schering-Plough creates therapies that help save and improve lives around the world.

Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW) up 16.2% on 8.4 million shares traded. Quantum Fuel Systems Technologies Worldwide, Inc., a fully integrated alternative energy company, is a leader in the development and production of advanced propulsion systems, energy storage technologies, and alternative fuel vehicles.

Market Commentary:

"The New York-based Conference Board said Tuesday that its Consumer Confidence Index dropped to 57.2, down from a revised 62.8 in April. Economists surveyed by Thomson Financial/IFR had expected a reading of 60," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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