SOURCE: Wall Street News Alert

March 30, 2005 08:38 ET

Wall Street News Alert: WYSK Signs Development Agreement With the European Commission Group!

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

WESTON, FL -- (MARKET WIRE) -- March 30, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: Wysak Petroleum (OTC: WYSK), Exxon Mobil Corporation (NYSE: XOM), General Motors Corporation (NYSE: GM) and Home Depot, Inc. (NYSE: HD).

Aggressive investors and day traders may be excited about Wysak Petroleum (OTC: WYSK) this morning! Yesterday after the markets closed, the company issued a press release announcing the signing of a Letter of Intent with the European Commission Baltic Renewable Energy Centre (EC BREC) to assist Wysak Petroleum in the development of the Wysak Wind Power Project.

This could be good news for investors! EC BREC and Wysak have signed a LOI in respect to the development of a full size Commercial Wind Power Project in Europe. This letter states that EC BREC will support Wysak in matters such as financial structuring and investment, regulatory issues, government policies, negotiations, wind technologies, and other aspects relating to Wind Power.

Investors continue to watch this company's progress! According to the company's press release, the Wysak Wind Project development will be up to a maximum 90Mw in size and cost upwards of $US 120 million in development expenditures. Once completed, this Wind Park will supply upwards of 170,000 Mw of electricity annually for Poland and the European Community. This is enough green energy to supply upwards of 25,000 homes with electricity and offset nearly 170,000 tones of Greenhouse gases. Total gross electric sales over a 20 year period are estimated at over $450 million for a project this size.

For more in-depth coverage of Wysak Petroleum, visit

Prior to the press release, the stock closed yesterday at around Thirty-Nine cents a share.

In case you are not familiar with the company: Wysak is a diversified energy company whose goal is to identify and develop traditional fossil fuel sites, as well as clean air alternative energy producing technologies. Wysak controls one Wyoming Federal oil & gas lease in the Bighorn Basin region and another in the Green River Basin. Its two Wyoming State leases are located 45 miles apart within the massive CoalBed Methane play area of the Powder River Basin. Numerous large petroleum and exploration firms operate nearby all these properties; they include ExxonMobile, Williams Gas and Western Gas among others. Collectively over 26,000 wells produced 54.7 million barrels of oil and 1.75 trillion cubic feet of natural gas in Wyoming.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Exxon Mobil Corporation (NYSE: XOM) down 1% on 18.9 million shares traded, General Motors Corporation (NYSE: GM) up 0.8% on 9.7 million shares traded and Home Depot, Inc. (NYSE: HD) down 2.3% on 8.1 million shares traded.


"For the second month in a row the Confidence Board has reported that consumer confidence has declined. March figures, although closely inline with expectations, fell to 102.4 from 104.4 the previous month. Increased costs in gasoline, heating oil, and food kept the index numbers down," 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

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 40 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at and select the "join now" button.

*** 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! If you receive any such fax, please do not contact us at You may wish to inquire about the fax, with the CEO of the company that the fax is written about ***

Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). 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 Fifteen Thousand Dollars for coverage of Wysak Petroleum (OTC: WYSK), by a third party (WWC Consulting Group), 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 shares for extension of its services. Any shares 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