xtremepicks.com: www.Xtremepicks.Com: Xtremepicks Alerts October 27, 2009 : JFGI, MHTX, XDSL and NPDT

Xtremepicks.com Alerts include Jacobs Financial Group, Inc. (OTC Bulletin Board: JFGI), Manhattan Scientifics (OTCBB: MHTX), mPhase Technologies, Inc. (OTCBB: XDSL) and Newport Digital Technologies, Inc. (OTC Bulletin Board: NPDT)

Jacobs Financial Group, Inc. (OTC Bulletin Board: JFGI) trading at $0.0068

In a press release out on October 27, Jacobs Financial Group Approves Recapitalization

CHARLESTON, W.Va., Oct 27, 2009 -- Jacobs Financial Group, Inc. (OTC Bulletin Board: JFGI), today announced that the Corporation has received the approval of the holders of a majority of its outstanding shares of Series B Preferred Stock ("Series B Shares") to implement a proposed recapitalization of the Series B Preferred (the "Recapitalization"). Pursuant to the Recapitalization, participating Series B Shareholders will exchange their Series B Shares for shares of a new series of preferred stock to be designated as Series C Preferred Stock. The purpose of the Recapitalization is to strengthen the balance sheet of the Corporation. This will be accomplished by replacing the participating Series B Shares, which are classified as a liability of the Corporation for financial statement purposes based upon the Series B Shares becoming redeemable at the end of 2010, with Series C Shares (which are expected to be classified as permanent equity). The Recapitalization is expected to take place effective on or about October 30, 2009.

Jacobs Finanical Group is a Charleston, West Virginia-based holding company for First Surety Corporation, a West Virginia domiciled surety, Triangle Surety Agency, an insurance agency that specializes in coal reclamation surety bonds, and Jacobs & Company, a registered investment advisor.

Manhattan Scientifics (OTCBB: MHTX) trading at $0.115 per share on trading volume of 1.34M shares.

In a press release out on October 27, Manhattan Scientifics and Senior Scientifics Collaborate to Enhance Early Cancer Detection System

Provisional Patent Filed

ALBUQUERQUE, N.M., Oct 27, 2009 -- Manhattan Scientifics (OTCBB: MHTX) and Senior Scientific, LLC announced today that they have begun cooperative work to commercialize Senior Scientific's nano medicine cancer detection technology. Both companies are collaborating under the Letter of Intent signed October 16, 2009, by filing a patent application and laying the groundwork to enhance commercialization.

About Manhattan Scientifics

Manhattan Scientifics, Inc. www.mhtx.com/ is located in New Mexico, New York and Montreal. It is focused on technology transfer and commercialization of disruptive technologies in the nano medicine space. The Company is presently developing commercial medical prosthetics applications for its ultra fine grain metals.

mPhase Technologies, Inc. (OTCBB: XDSL) trading at $0.021 per share on trading volume of 1.24M shares.

In a press release out on October 27, mPhase Technologies Announces Name Change for First Product

LITTLE FALLS, NJ, Oct 27, 2009 -- mPhase Technologies, Inc. (OTCBB: XDSL) today announced that it has renamed its first product that is expected to be available for consumer purchase in early 2010. Previously named the AlwaysReady Emergency Flashlight, mPhase has renamed the product the mPower Emergency Illuminator. The product will be branded and marketed under mPower Technologies, the newly created and 100% wholly owned consumer products division of mPhase Technologies.

About mPhase Technologies, Inc. and AlwaysReady, Inc.

mPhase Technologies, Inc. (OTCBB: XDSL), through its wholly owned subsidiary AlwaysReady, Inc., is focused on developing and commercializing a new battery technology based on a well-patented phenomenon known as electrowetting, which provides a unique way to store energy and manage power that will revolutionize the battery industry. For more information, please visit our website at www.mPhaseTech.com.

Newport Digital Technologies, Inc. (OTC Bulletin Board: NPDT) trading at $0.029 per share on trading volume of 288,498 shares.

In a press release out on October 27, Newport Digital Technologies Announces Lab Sponsorship of University of Arkansas RFID Research Center at the Sam M. Walton College of Business

Announces Participation in Voluntary Interindustry Commerce Solutions Association (VICS) Conference Hosted by the University of Arkansas to Demonstrate Company's Total RFID Solutions -

NEWPORT BEACH, Calif. and FAYETTEVILLE, Ark., Oct 27, 2009 -- Newport Digital Technologies, Inc. (OTC Bulletin Board: NPDT) announced that is it has become a Lab Sponsor to the University of Arkansas RFID (Radio-Frequency Identification) Research Center at the Sam M. Walton College of Business.

ABOUT NEWPORT DIGITAL TECHNOLOGIES, INC.

Newport Digital Technologies, Inc. (www.newportdt.com) is a technology solutions driven company organized to focus on serving five of the fastest-emerging businesses in the technology space -- RFID (radio-frequency identification), WiMax, eLearning, Digital Signage & LED Lighting and Security & Surveillance solutions. NPDT develops and delivers these technology solutions through strategic collaborations with global partners, including Taiwan Industry and Taiwan's premier technology R&D incubators -- the Institute for Information Industry (III) www.iii.org.tw/english and the Industrial Technology Research Institute (ITRI)www.itri.org.tw/eng. NPDT will customize these technology solutions and market them through Fortune 1000 channel partners and systems integrators on a worldwide basis.

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