Wall Street News Alert: PGNE is ThursdayaEUR(TM)s Stock to Watch for July 9, 2009

Wall Street News Alert's "stocks to watch" this morning are: PrimeGen Energy Corporation (OTC: PGNE), China Crescent Enterprises, Inc. (OTCBB: CCTR), Lifeline Biotechnologies, Inc. (OTC: LLBO) and Ideal Financial Solutions, Inc. (OTC: IFSL).

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PrimeGen Energy Corporation (OTC: PGNE) announced it struck oil at its Timan-Pechora Project on June 30th and now the production results for the Kochmesskoye well at Timan-Pechora, Russia are in.

Yesterday after the markets closed, the company issued a press release announcing that the well commenced commercial oil production on June 17, 2009, and the Company has received production results for the first 21 days. According to the release, total oil produced and sold was 25,200 barrels with an average daily production rate of 1,200 barrels per day.

The swab test analysis of the well during the completion phase indicated that the production rate should exceed the original estimate of 1,400 barrels per day. The I.P.R.s (Initial Production rates) are being evaluated and production has, over many days in the month, exceeded a rate of 1,300 barrels per day. The Kochmesskoye well is the first of a multi-well program drilled at Timan-Pechora by PrimeGen. The 2009 development program calls for the drilling of a minimum of 30 wells to develop the field. When fully developed, the 30 wells should give a daily production rate at Timan-Pechora of 35,000 barrels per day.

The press release goes on to state that using current pricing for Timan-Pechora crude oil, PrimeGen has now projected that the well has generated $1.6 million in revenue or $19.2 million per year and will payout its entire cost in 3 months. Currently, oil at Timan-Pechora has been priced at over $65.00 per barrel.

According to the release, the Timan-Pechora Project area currently consists of 24 existing production oil wells with close to one billion barrels and 132 BCF of proven reserves. A discovery well tested 5,589 BOPD from zone at 3,958-3,974 meters. Timan-Pechora region is 17 kilometers from Ukhta, a major town in the Republic of Komi. The oil plays are situated approximately 1,200 km from Moscow. Its surrounding areas have well established infrastructure, allowing all year access for field operations. Power lines and a major highway pass through the territory. There is also a branch of the Transneft pipeline between Ukhta and Moscow that passes directly over the project. Additional transportation routes include a railway system, with the nearest terminal located close to Ukhta.

The stock closed yesterday at around Four cents a share.

For an in-depth profile of PrimeGen Energy, visit http://www.wallstreetnewsalert.com/view-company-profiles.php?profile=PGNE_070709.

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China Crescent Enterprises, Inc. (OTCBB: CCTR) up 185.7% on 37.8 million shares traded. On Jul 08, 2009 China Crescent Enterprises, Inc. announced that management anticipates an increased price per share in conjunction with the Company's continued expectations of increased earnings per share. The Company expects to double net income in 2009 compared to 2008 and that the increase in net income could be more than double. The Company will review an expected doubling of net income in 2009 compared to 2008 in an on-demand Webcast scheduled for Thursday, July 9, 2009. The Webcast will include a review of Company's increased year-to-date sales compared to last year's sales that resulted in over $40 million in profitable annual revenue. The presentation will include a preview of the anticipated positive 2nd quarter results and an update of the suggested fair value target price per share of $0.30 originally presented in a Webcast on May 13th (the original Webcast is available on the Company's website at http://www.newmarkettechnology.com/webcast_ccse_20090513.htm).

"Trading volume has been high relative to the Company's issued and outstanding stock since the recapitalization completed in May," said Philip Verges, founder and board member and managing board member of the Company's majority shareholder. "Yesterday's trading volume was higher than the average daily trading volume. The current share price since the recapitalization remains low compared to similar publicly traded companies. I remain optimistic that the price per share will increase to align with market comparables. I consider the recent price per share and trading volume volatility a transitional phase and believe the upcoming 2nd quarter report can be a milestone event leading to a price per share increase in the range of the suggested fair value target of $0.30. I would encourage anyone reading this press release and interested in purchasing China Crescent stock to review the Company's recent news releases and public filings to fully understand the potential value in purchasing shares at what I consider highly discounted prices, as well as the various risks associated with investing in early stage companies quoted on an over the counter market."

Corporate E-mail Updates: To be added to China Crescent's e-mail database to receive company updates or to obtain more information on the Company, please send an e-mail to ir@chinacrescent.com or call 214-722-3065.

About China Crescent Enterprises, Inc.:

China Crescent Enterprises, Inc. reported over $40 million in profitable Revenue in 2008. The Company is a technology leader in the rapidly developing Chinese market specializing today in software engineering, high quality software development and digital multimedia outsourcing services delivered to customers globally. At the same time, the firm is a systems integrator and value added reseller of major global hardware brands in the Chinese domestic market.

Headquartered in Dallas with operations in Shanghai and Beijing, China Crescent bridges the gap between Western and Eastern business cultures to assist Western clients in realizing the advantages of the high quality, low cost technology products and services available from China. China Crescent also assists Western clients in localizing products and services to realize the tremendous growth potential available by expanding into the Chinese Market.

Lifeline Biotechnologies, Inc. (OTC: LLBO) up 50% on 67.4 million shares traded.

On Jul 08, 2009 Lifeline Biotechnologies, Inc. announced that its First Warning Systems(TM) subsidiary completed a Series A private placement of $125,000.

Jim Holmes, Lifeline's CEO, said that "Lifeline's subsidiary, First Warning Systems, Inc., has completed a private placement of promissory notes in the amount of $125,000. The promissory notes, due in mid-2010, are convertible into common stock of First Warning Systems, Inc. This initial funding has provided us with important resources needed to move forward on our expected FDA filings. While this funding was essential, we are preparing for the next round, a Series B private placement of common stock for up to $1,500,000. This amount should see us through the FDA process and clearance. With clearance by the FDA, we would expect to be ready for the process of market introduction of the First Warning System(TM)."

Holmes said, "First Warning Systems, Inc., has retained a firm specialized in FDA filings to assist in the preparation of its preliminary filing with the FDA. We expect the filing to be completed this month. The FDA's response to this initial filing could take several months to receive. We expect the FDA's response to give us guidance for the subsequent filing required in order to obtain marketing clearance for this proprietary process."

Lifeline Biotechnologies has in the past year filed for a patent on the recent technological advancements of the First Warning System(TM), which has achieved the robust capability of identifying and classifying tissue abnormalities of the breast with sensitivities (ability to identify) of 95% to 100% and specificities (verify) of 87% to 90%. Currently, it is a well-known fact that mammograms are missing an estimated 20% to 30% of the breast cancers.

Ideal Financial Solutions, Inc. (OTC: IFSL) up 33.3% on 156 million shares traded.

On Jul 8, 2009 Ideal Financial Solutions, Inc. reported second quarter 2009 recurring "club" revenues, doubling the previous quarter's returns for a total in excess of $3,000,000. "Club" revenues refers to one of Ideal's primary revenue streams deriving from the subscription-fee model for "members" of the company's proprietary debt-to-wealth system which allows an individual to reduce non-asset producing debt and divert money to wealth-generating vehicles. Ideal's "club" requires registration and subscription to its financial solution systems, creating both up-front and recurring revenue.

Earlier this year, Ideal Financial reported then-record first quarter club revenue in excess of $1,500,000. Today's second quarter revenue more than doubles the previous figure and sets another company revenue record.

"We could not be happier with the explosive growth in our recurring club membership," said Kent Brown, CFO of Ideal Financial Solutions. "This is an affirming moment for Ideal Financial as our financial goals have begun to be realized in the form of very significant revenue and dramatic growth. Based on the result of our second quarter numbers alone, we can now project over $12,000,000 in recurring revenue per year. And that projection does not account for any potential forward growth such as what we've enjoyed thus far."

About Ideal Financial Solutions:

Based in Las Vegas, Ideal Financial Solutions (www.idealfsi.com) provides the education, support and automated tools to create additional cash resources, rapidly eliminate all non-asset-building debt and build financial independence. As a leader in personal cash-flow management systems, Ideal uses its automated CashFlow Management tools (www.myifs.com) and its Credit to Wealth Systems (www.credittowealth.com) to assist individuals, families and small businesses in building financial independence. For investors who would like to receive Ideal's newsletter, please send your email address to: support@idealfsi.com.

Market Commentary: Oil prices continue to tumble as benchmark crude for August delivery fell more than 4 percent, or $2.79, to settle at $60.14 a barrel on the New York Mercantile Exchange. Retail gas prices have fallen every day for more than two weeks, and gasoline futures fell more than 9 cents a gallon.

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