SOURCE: Wall Street News Alert

Wall Street News Alert

May 29, 2008 09:33 ET

Wall Street News Alert: TORO, Thursday's Hot Stock to Watch! May 29, 2008

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

WESTON, FL--(Marketwire - May 29, 2008) - Wall Street News Alert's "stocks to watch" this morning are: Toro Ventures, Inc. (OTCBB: TORO), Akeena Solar, Inc. (NASDAQ: AKNS), First Solar, Inc. (NASDAQ: FSLR) and Petrobras (NYSE: PBR).

Toro Ventures, Inc. (OTCBB: TORO) is once again updating investors, and the company should have the attention of traders this morning. Yesterday after the markets closed, the company issued a press release announcing that it 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 Lease.

Good news for TORO! The press release states: "As of Wednesday, drilling is right on schedule and we have passed through 4000 ft. We estimate that it will only take an additional 3 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. Toro has spent $250,000 USD on the Crown Lease and is in production.

The Quinlan Lease is located in the Hunton Limestone formation and this is considered to be one of the best producing formations in Oklahoma. 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, "Toro has invested over $500,000 this year towards becoming a producing oil and gas company. 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 Wednesday at $1.98 a share.

For an in-depth profile of Toro Ventures, visit

Akeena Solar, Inc. (NASDAQ: AKNS) up 18.3% on 5.8 million shares traded. Founded in 2001, Akeena Solar's philosophy is simple: We believe producing clean electricity directly from the sun is the right thing to do for our environment and economy. Akeena Solar has grown to become one of the largest national installers of residential and commercial solar power systems in the United States.

First Solar, Inc. (NASDAQ: FSLR) up 3% on 5.5 million shares traded. First Solar, Inc. manufactures solar modules with an advanced thin film semiconductor process that significantly lowers solar electricity costs.

Petrobras (NYSE: PBR) up 4.3% on 17.5 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:

"The Commerce Department reported that orders for durable goods, which include aircraft and machinery but also consumer items like cars, refrigerators and computers, slipped 0.5 percent. Wall Street had expected a steeper decline," 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 100 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. WSCF has been compensated Thirty Six Thousand Dollars (Ten Thousand for current services and Twenty Six Thousand for previous services) for services performed for Toro Ventures, Inc. (OTCBB: TORO), by third party, Sugarlump Holdings LLC., 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.

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