Daily Market Movers 3-17-08

FEATURED COMPANY

COPPER KING MINING (OTC: CPRK)
"Up 12.90% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/CPRK.php

Company Profile:
http://www.otcpicks.com/copper-king-mining/copper-king-mining.htm

Copper King Mining Corporation currently owns approximately 1200 acres in the Drum Mountains of Utah, which are patent deeded mining claims which contain gold, silver and copper. The company recently added to its holdings by filing six more claims on land which was inside their holdings, but not patent deeded. Contiguous to that acreage is approximately 1100 acres of claims filed by Western Utah Copper Company. As the companies explored the concept of a joint venture on the Drum Mountain properties, it was decided that a very viable consideration was to join the total assets of both companies.

CPRK News:

March 11 - Copper King Mining Corporation Completes Filming of News Segment

Copper King Mining Corporation (OTC: CPRK), under the direction of its PR firm Alexander Lindale L.L.C., has completed the filming of a news segment to be sent to several thousand television stations regarding the mining and development of the Copper King Project in Milford, Utah.

The footage will be edited and prepared for download and is expected to be ready for distribution with the next few weeks.

For additional information, visit www.copperkingmining.com.

FEATURED COMPANY

REELTIME RENTALS INCORPORATED (OTC: RLTR)

Detailed Quote: http://www.otcpicks.com/quotes/RLTR.php

Company Profile:
http://www.otcpicks.com/reeltime-rentals/reeltime-rentals.htm

ReelTime Rentals Inc. (sometimes referred to herein as RLTR or ReelTime.com) was incorporated under the corporate laws of the state of Washington as ReelTime Rentals; Inc on June 24, 2004. ReelTime.com is an online broadband network offering a diverse library of both theatrical films and television programming. ReelTime's "point click and watch" user interface delivers DVD quality video over the Internet to customers nationwide whenever they want to see it. ReelTime is poised to change the home entertainment industry by becoming a leader in the online media marketplace, providing the public the next generation of online viewing technology with built-in capacity for unlimited growth. The company's Intelligent Rapid Delivery System (IRDS) overcomes many of the roadblocks that have previously prevented widespread adoption of high quality streaming video. Through IRDS and their video-on-demand services, they deliver full-screen DVD quality movie experiences to broadband customers nationwide while implementing security measures to combat the threat of piracy.

The company currently provides direct-to-desktop progressive downloading for broadband users, utilizing a proprietary player to deliver full length films and television shows for viewing by the next generation of media viewers. We strongly believe in ReelTimes future and see unlimited potential beyond the PC into other media platforms, including set top boxes and handheld devices. ReelTime's end-to-end delivery system (IRDS) has significant advantages in cost and structure over other systems in current use and the revolutionary nature of the system should allow ReelTime to quickly become a dominant player in the video-on-demand marketplace.

RLTR News:

March 14 - ReelTime Rentals Announces Joint Venture With Laguna Productions

ReelTime Rentals, Inc. (OTC: RLTR) announced that the company has entered into a joint venture with Laguna Productions to form a broadband-delivered Spanish language television and movie network in the US. The co-branded site will include an initial library of approximately 200 films to be continually augmented by Laguna, and will be marketed to the online Latino community, well-known as a highly progressive demographic. According to a recent study by Telemundo, online U.S. Hispanics are highly experienced and multi-faceted on the Internet. Two-thirds have been online for more than five years and 80 percent have access to broadband. This study also revealed that Hispanics are early adopters and users of media, devices and features compared to the general public.

Barry Henthorn, ReelTime's CEO commented, "We're honored to work with Laguna. Their unique perspective, first-class reputation and outstanding content will be essential to this co-branded network's success. Laguna's films have consistently been among the top pay-per-view titles in the Spanish language category. Our joint venture with Laguna will be the perfect marriage of our technology and their high-quality Spanish language content, and we're proud to offer this combined product to such a prominent user group."

Elart Coello, President of Laguna, stated, "We are excited about our partnership with ReelTime and believe that our product line and expertise in the Latino market combined with their technological leadership in online video streaming will open a greater entertainment experience for today's Latino audience."

ABOUT LAGUNA PRODUCTIONS INC.

Laguna Productions is the leading producer, manufacturer and distributor of Latino Home Entertainment in the United States. Founded in 1993, Laguna became the first studio to identify the growing demands for new Spanish cinema and spearheaded the creation of original content for distribution throughout Mexico, Puerto Rico and the continental United States. As a result of our widespread direct sales and distributor channels alongside a dynamic market approach, Laguna productions has established itself as the leading independent, ranking number one foreign Spanish language film distributor in the country for both bilingual and non-bilingual audiences. Our experience in the Latino home video market has contributed to our ability to meet the needs of the evolving Latino population by providing both popular and high quality home entertainment products for the multicultural and multigenerational US Latino demographic.

FEATURED COMPANY

NEXPLORE CORPORATION (OTC: NXPC)

Detailed Quote: http://www.otcpicks.com/quotes/NXPC.php

Company Profile: http://www.otcpicks.com/nexplore/nexplore.htm

NeXplore Technologies is developing a Web 2.0 search engine and an assortment of social networking portals and tools that will enable users to personalize their Web experience and tailor it to their unique needs, interests, and online pursuits. The Company’s social computing platform, MyCircle.com, offers an enhanced, user-friendly graphical interface search engine, combined with innovative backend technology, which enables users to improve the way they connect with information and other people on the Worldwide Web. MyCircle’s Web 2.0 interface provides users with an online tool for sharing their Blogs, Voice-Over IP, photos and documents, podcasts and videocasts, classified advertising, instant messages, SMS text messages, Chat and personal profiles.

NXPC News:

March 13 - NeXplore Corporation Names Steven V. Gummer CFO and Controller

NeXplore Corporation (OTC: NXPC) announced the appointment of Steven V. Gummer as the company's new chief financial officer and controller. Mr. Gummer succeeds Paul Williams who resigned from his position as CFO to pursue personal interests. Mr. Williams will work closely with Mr. Gummer to ensure a smooth transition.

Mr. Gummer brings to NeXplore more than 25 years of corporate finance and consultant experience. His work as a CPA and financial management consultant includes serving as financial officer and/or operating officer for numerous financial, manufacturing, construction and real estate companies. In addition, Mr. Gummer partnered with Riggs & Associates, a boutique investment banking firm, to offer valuation, mergers and acquisitions and financing advisory services.

From 2001 to 2005, Mr. Gummer served as vice president and CFO of Integrated Composite Technologies, Inc., a $20 million plastic/wood composite extrusion company supplying the building materials industry. Mr. Gummer also served as vice president and CFO of Syntech International, Inc., where his expert financial guidance was instrumental in the computer manufacturing company's IPO.

Edward Mandel, chief executive officer of NeXplore Corporation, said, "Steven's extensive finance background and business acumen will prove invaluable as we continue to grow our company. He is a great addition to the NeXplore senior management team. His expertise and experience in finance, investment and M&A will help NeXplore achieve its growth goals, improve investor relations and enhance shareholder value."

"I am excited about my new role as CFO and controller of NeXplore," said Mr. Gummer. "The company's search engine and Internet advertising platform provide strong opportunities for growth. I look forward to working with Ed and the rest of NeXplore's management team to execute the company's business plan and drive future performance for our shareholders."

Mr. Gummer is a certified public accountant. He holds an MBA from Harvard School of Business Administration and a BBA from Texas A&M University.

FEATURED COMPANY

SPONGETECH DELIVERY SYSTEMS (OTCBB: SPNG)

Detailed Quote: http://www.otcpicks.com/quotes/SPNG.php

Company Profile: http://www.otcpicks.com/spongetech/spongetech.htm

SpongeTech Delivery Systems is a production stage company which designs, produces, markets and distributes cleaning products for vehicular use utilizing patented technology relating to sponges containing hydrophilic (liquid absorbing) foam polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, which is loaded with specially formulated soaps and wax that are released when the sponge is applied to a surface with minimal pressure. The Company's products are currently designed specifically for vehicular cleaning use. However, the Company is exploring the possibility of using its patented technology for the development of sponges for other uses, including for use with anti-bacterial, bath and kitchen soaps for household uses, as well as for use as a children's bath foam sponge.

SPNG News:

March 11 - SpongeTech Delivery Systems, Inc. COO Steven Moskowitz's Webcast Now Available at TheGreenBaron.com

Steven Moskowitz gives Details on How the Company's Doing and How the Future Looks to Him

SpongeTech Delivery Systems, Inc. (OTCBB: SPNG) announced that the audio-taped webcast interview with COO Steven Moskowitz is now available for listening on the Webcasts page at www.thegreenbaron.com/Webcasts.htm. This webcast is also available for download at StrictlyStocks.com, "Where Wall Street Speaks to the World."

COO Steven Moskowitz stated, "I am pleased with the interview and it allows me to tell the shareholders and investors my background in management. Working with this company has been a great experience for me, especially with the new Puddle Pals products working with the autism foundations to help autistic children, helping them to live better and more self-sufficient lives. Being told our sponge products allow autistic children to wash themselves, builds more self-esteem for the kids, that's great. To me, it is a stepping stone to other products we could possibly use to help other people with disabilities live better lives. I fully expect we will find other products, like the Puddle Pals product, that will allow many other people to live better and more self-sufficient lives. I would like to thank the shareholders for staying with us as we are going through this growing time for the company."

For more information please contact Investor Relations at 1-877- SPONGE T or visit the company website at www.spongetech.com.

FEATURED COMPANY

UOMO MEDIA INCORPORATED (OTCBB: UOMO)

Detailed Quote: http://www.otcpicks.com/quotes/UOMO.php

Company Profile:
http://www.otcpicks.com/uomo-media/uomo-media.htm

UOMO Media Inc. is a publicly trading entertainment company that acquires, produces, manages, and monetizes entertainment-based intellectual property globally. The company is focusing on the development of four core business units: UOMO Digital, UOMO Recorded Music, UOMO Talent Management and UOMO Publishing. There is a massive and ongoing demand for music and entertainment. IFPI estimates that globally, the broader music industry was worth US$130 billion in 2006.

UOMO News:

March 10 - UOMO Producer Helps Propel Janet Jackson to #1 in the US

"Greatest Ex," co-written and produced by Christopher "Tricky" Stewart released on Janet Jackson's new album "Discipline"

UOMO Media Inc. (OTC: UOMO) producer Christopher “Tricky” Stewart has collaborated with Janet Jackson on her new album “Discipline.” Based on record sales, the album is currently number one on the US Billboard 200 Chart, The Billboard Comprehensive Albums Chart, Digital Album Chart, and the Top R&B and Hip Hop Albums Chart. (Source: Billboard.com). Tricky Stewart and Redzone Entertainment have an exclusive international management agreement with UOMO Media.

Janet Jackson is one of the top ten selling artists in the history of contemporary music, ranked by Billboard magazine as the ninth most successful act in rock and roll history, and the second most successful female artist in pop music history, selling over 100 million albums worldwide. “Discipline,” which was released on February 26th, is her tenth studio album.

“It is our intention to continue to work closely with high calibre content creators such as Tricky and Redzone,” commented Mr. Camara Alford, Chairman & CEO of UOMO Media Inc. “UOMO's goal continues to be the monetization of our highly valuable asset, entertainment related intellectual property.”

STOCKS TO WATCH

ROO GROUP INCORPORATED (OTCBB: RGRP)
"Up 20.25% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/RGRP.php

ROO Group, Inc., through its subsidiaries, operates as a digital media company in the United States. The company provides products and solutions that enable the broadcast of topical video content from its customers' Internet Web sites. It provides technology and content required for video to be played on computers through the Internet, as well as broadcasting platforms, such as set top boxes and wireless devices. ROO Group's activities include the aggregation of video content, media management, traditional and online advertising, hosting, and content delivery. It operates a global network of individual destination portals under the brand ROO TV that enables end users to view video content over the Internet. The company, together its subsidiaries, also services Web sites based in Europe, Australia, the United States, and Asia. In addition, it provides integrated communication solutions, including direct marketing, Internet advertising, and sales promotion. The company sells its products and services through direct sales force and resellers to media and newspaper chains, Internet service providers, and vertical Web sites. ROO Group was founded in 1998 and is based in New York, New York with additional offices in Los Angeles, California; South Melbourne, Australia; and London, the United Kingdom.

RGRP News:

March 17 - ROO to Consolidate Digital Media Services Subsidiaries, Simplify Capital Structure, Appoint New President

• Company to exercise option to consummate ownership of Sputnik Agency subsidiary
• Sputnik Managing Director Gavin Campion appointed President of ROO
• Management to hold conference call on Wednesday, March 19th at 9 a.m. ET

ROO Group (OTCBB: RGRP) announced that it intends to streamline its ownership and management structure through several initiatives:

* The appointment of Gavin Campion, the managing director of Sputnik
Agency Pty. Ltd., as president of the overall company;
* The exercise of its right to complete the purchase of 51% of its
Sputnik subsidiary;
* The execution of an agreement in principle to acquire the remaining
49% of Sputnik and the subsequent consolidation of Sputnik and
subsidiary ROO Media Corporation;
* Elimination of the 10 million preferred class of super-voting shares
through a preferred-to-common conversion or other plan to be proposed
and voted on by a majority of the common shareholders;
* The consolidation of all international subsidiaries into a wholly-owned
Dubai subsidiary; and
* The relocation of its corporate headquarters/executive management from
New York and Australia to Dubai.

These initiatives are consistent with ROO's previously stated goals of simplifying the Company's ownership structure and reducing management layers. The integration of Sputnik with ROO's online video player business will allow the Company to better provide corporate customers with a suite of online video enablement and marketing solutions, and the consolidation of executive management in Dubai underscores ROO's international revenue mix * with more than 85% of current revenues coming from outside North America.

Kaleil Isaza Tuzman, chief executive officer of ROO Group and managing partner of KIT Capital, commented, "From the first day that new management of ROO came on board two months ago, we have committed to shareholders that we would (a) control and reduce costs, (b) put the company on a near-term path to profitability, and (c) simplify the capital structure in a fair and transparent way. Given what appears to be some market misperception surrounding our current restructuring initiatives, we felt this would be a good time to re-iterate certain elements of our plan, and announce our intent to consolidate our profitable Sputnik subsidiary."

Isaza Tuzman continued, "Pursuant to the common shareholders approving a plan for elimination of the preferred class of shares, KIT Capital plans to execute on its investment of $5.0 million in primary common shares at $0.16-in accordance with its management contract with the company filed on December 18, 2007. With approximately $7.1 million of cash as of March 10, 2008-prior to the KIT Capital investment-and steadily reducing burn levels, we feel the company is in a strong financial position to execute its growth strategy."

A conversion ratio of 3.2 common shares for each preferred share is currently being presented to common shareholders, but the Company remains open to other proposals that may be independently developed on a timely basis by the common shareholders.

In accordance with its management contract with the Company of December 18, 2007, KIT Capital has the right to acquire 51% (5.1 million) of the preferred shares at $0.38/share, which would equal approximately 16.3 million of common shares at an average costs basis of $0.12/share, assuming the 1-to- 3.2 preferred-to-common conversion ratio is applied.

The Company currently has 38.9 million common shares outstanding, which would increase to approximately 70.9 million provided the 1-to-3.2 preferred- to-common conversion ratio is affected. The additional dilutive effect of the aforementioned KIT Capital investment of $5.0 million at $0.16/share would be 31.3 million shares, resulting in a pro forma, simplified capital structure of 102.2 million common shares. At that point, based on cash levels of March 10, 2008, the company would have approximately $12.1 million of pro forma cash on hand, and a pro forma market capitalization of $9.2 million (based on the closing price of the Company's common shares as of Friday, March 14, 2008 of $0.09).

To the extent the Company were to engage in further equity financing, it is anticipated that such financing would be in the context of funding strategic acquisitions.

As part of the Company's effort to streamline management, Gavin Campion, current managing director of Sputnik, has been appointed president of ROO, effective immediately. In conjunction with Mr. Campion's appointment, the Company is also announcing the relocation of its corporate headquarters and senior executive team to Dubai, UAE.

Mr. Campion, 35, has served as managing director of Sputnik since 2006. Under his leadership, Sputnik won B&T Interactive Agency of the Year in 2007. In 1999, he co-founded current ROO subsidiary Reality Group in Melbourne, Australia. Since that time, Reality Group has attracted blue-chip advertising clients such as Holden (General Motors), BP, TABCORP, Saab Australia, Tontine and Dennis Family Corp. Mr. Campion has also served as CEO of Shoppers Advantage, a leading Australian e-commerce company, and as a director of Presidential Card, Australia's largest discount loyalty program.

Campion will have full responsibility for ROO Group's sales, operations and administration, reporting directly to Isaza Tuzman. He will also take the lead role in fully integrating the operations of Sputnik into ROO Group.

"The best thing about our current roster of moves is the appointment of Gavin to the presidency role," said Mr. Isaza Tuzman. "His operational discipline and business development instincts are second-to-none and his interactive marketing experience will be of great value in differentiating ROO from our competitors - as we focus on an integrated video enablement and marketing approach for enterprise clients. Gavin built a profitable business for us in the Asia-Pacific region, and we hope to see that quickly replicated across the global platform."

Campion commented, "Sputnik has acquired its market leading position by consistently offering corporate clients the most innovative solutions for monetizing their online assets. The key is to sell into our clients at the 'revenue line' with creative solutions for monetizing video, and not get stuck at the 'cost line' as strictly a software vendor. I believe that combining Sputnik's brand and creative services expertise with ROO's software and online video technology offers tremendous growth opportunities for the combined entity."

ATLANTIS TECHNOLOGY GROUP (OTCBB: ATNO)
"Up 14.29% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/ATNO.php

Atlantis Business Development Corporation operates as a business development company that primarily assists eligible portfolio companies with capital information. The company was incorporated in 1986 as Vision Technology International and changed its name to Medplus Corporation in 1992. Subsequently, it changed its name to Atlantis Business Development Corporation in 2003. Atlantis Business Development Corporation is headquartered in Miami, Florida.

ATNO News:

March 17 - Atlantis Technology Group Announces That Its Wholly Owned Subsidiary Global Online Television Corporation (GOTV) Establishes New Secure Redundant Location

Atlantis Technology Group (OTCBB: ATNO) announced that wholly owned subsidiary Global Online Television Corporation (GOTV) www.globalonlinetelevision.com has established a new secure redundant backbone location at the Miami Data Vault, in Miami, FL. The facility has 21 major network service providers including AT&T, Bellsouth, Level 3, Verizon / MCI Business, and several others that may be found on the company's website. It is a state-of-the-art data center with a fully redundant infrastructure, connectivity, and security systems.

For more information concerning the Miami Data Vault, please visit their website at www.miamidatavault.com.

CEO Christopher Dubeau states, "We have chosen this location because of its security, power redundancy, and large number of network service providers," and went on to state, "We want our future customers to feel comfortable and secure about the service we will be providing."

A live interview by the CEO with wallst.net that took place on March 12, 2008 is available to view at:

www.wallst.net/wallst_tv/3_minute_press_show/index.php.

A video clip of the standard package being offered by GOTV is available to view at www.globalonlinetelevision.com/gotv/vid/gotv.mpg.

ABOUT GLOBAL ONLINE TELEVISION

Global Online Television Corporation was originally developed by Atlantis Technology Group as a media division that would explore and further media-based technology. GOTV brings the largest internet protocol television networks together for your home television viewing. IPTV is TV to TV using standard broadband connections thus making it possible for 93% of the world's broadband users to relieve its streams. Using the IPTV and Microsoft Windows Media Player, the video stream is delivered to your home television over any broadband internet connection. This means that if you already have a connection, like DSL or cable modem, then you're ready to go. To find out more about Global Online Television please visit www.globalonlinetelevision.com.

QUANTA CAPITAL HOLDINGS (NASD: QNTA)
"Up 7.21% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/QNTA.php

Quanta Capital Holdings, Ltd., through its subsidiaries, provides specialty lines insurance, reinsurance, risk assessment, and risk technical services. Its Specialty Insurance Run-Off segment includes the policies written in its traditional, structured, and program specialty insurance product line, such as technical risk property, professional liability, environmental liability, fidelity and crime, surety, trade credit and political risk, and marine and aviation. Its specialty insurance programs include the HBW program. The company's Specialty Reinsurance Run-Off segment includes the contracts written in its traditional specialty reinsurance products line, including property, casualty, and marine and aviation products. Its Lloyd's segment writes traditional specialty insurance products, including professional liability, fidelity and crime, specie and fine art, and kidnap and ransom. The company's Technical Services segment consists of its two environmental liability assumption programs. The company operates primarily in the United States, Bermuda, and Europe. Quanta Capital Holdings was founded in 2003 and is based in Hamilton, Bermuda.

QNTA News:

March 13 - Quanta Announces Special Cash Dividend of $1.75 per Common Share

Quanta Capital Holdings Ltd. (NASD: QNTA) announced that it declared a special dividend of $1.75 per common share resulting in an aggregate dividend payment of approximately $122.7 million. The dividend will be payable in cash on March 28, 2008 to shareholders of record as of the close of business on March 25, 2008.

JAG MEDIA HOLDINGS INCORPORATED (OTC: JAGH)
"Up 16.25% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/JAGH.php

JAG Media Holdings, Inc. and its subsidiaries engage in gathering and compiling financial and investment information from contacts with financial institutions, journalists, money managers, analysts, and other Wall Street professionals. The company releases information to subscribers through facsimile transmissions and a Web site jagnotes.com. It offers JAGNotes (Upgrade/Downgrade) Report, a daily consolidated investment report, which summarizes newly issued research, analyst opinions, upgrades, downgrades, and analyst coverage changes from various investment banks and brokerage houses; and Rumor Room, where the company posts rumors that heard on the street about various stocks. JAG Media Holdings also develops SurvayaCam, which consists of software programs and related hardware to permit field personnel to send real-time video streams from the field to a central location. It serves institutional subscribers and retail individual customers. The company was founded in 1989. It was formerly known as New Jag, Inc. and changed its name to JagNotes, Inc. in 1993. Further, the company changed its name to JagNotes.com Inc. in 1999; and to JAG Media Holdings, Inc. in 2002. JAG Media Holdings, Inc. is headquartered in Boca Raton, Florida.

JAGH News:

March 13 - JAG Media Holdings Merger with Cryptometrics Declared 'Effective'

JAG Media Holdings, Inc. (OTC: JAGH) (the "Company") was informed by the Securities and Exchange Commission that the Company's registration statement on Form S-4 relating to the Company's proposed merger with Cryptometrics, Inc. was declared effective as of 4:00 p.m. Friday March 14, 2008. The currently anticipated closing date for the merger is March 27, 2008, but the Company and Cryptometrics, Inc. may agree to postpone this date. There is no assurance that the proposed merger will be consummated.

PAIVIS CORPORATION (OTC: PAVC)
"Up 28.00% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/PAVC.php

Paivis Corp., a facility-based wholesale telecommunications carrier, delivers application/value-added services in the prepaid services market. It sells telecommunications products and services, such as prepaid calling cards, prepaid wireless service, and international wholesale terminations. The company also owns and operates a carrier-class prepaid calling platform, including 2 NACT phone card switches integrated with the voice over Internet protocol system dedicated to domestic and international termination and origination of calls. As of September 30, 2006, the company's products are sold through approximately 3,000 retail outlets in the United States. Paivis Corp. is headquartered in Atlanta, Georgia.

PAVC News:

March 17 - Trustcash Holdings, Inc. Releases the Third Segment of Its Chairman's Letter to Its Shareholders and Shareholders of Paivis, Corp.

"Merger and Integration to Produce a Solid Foundation for Generating Earnings"

Trustcash Holdings, Inc. (OTCBB: TCHH) ("TRUSTCASH") released the third segment of a letter from its Chairman, Dennis Shafer, to its shareholders and the shareholders of Paivis Corp. ("PAIVIS") (OTC: PAVC):

Dear Trustcash and Paivis Shareholders:

Recently Trustcash and Paivis announced a plan to commence working together for future integration purposes, etc. This forward thinking of both management teams shows a commitment to not only closing the merger but prepping for the building of a solid foundation to support growth towards the ultimate goal of generating earnings for our soon to be combined shareholder base.

The following provides more detail and insight into the opportunity before us in combining with Paivis and their pending acquisitions.

Operational Efficiencies:

The integration of four companies with a common market, similar transaction processing technology, and common administrative functions immediately creates an opportunity for cost reduction and improved cash flow through operational consolidation.

We believe a combined revenue base of $73 million can be generated with less than half the current operational expenses, potentially resulting in an immediate gain of 50% in net operating income.

Scale economies can also support enhanced customer service and competitive pricing...both key success factors in the debit card and phone card industries.

Technology Enhancements:

Combining the information systems technologies of four companies, all involved in high volume consumer payment transactions, provides an opportunity to develop a leading edge technology platform. This technology platform can be used to provide superior customer service, support new mobile and prepaid card applications, and provide an infrastructure for 'bolt-on' acquisitions of similar businesses in a fragmented market.

Expand Distribution:

All the products of the merged company can be sold through similar retail outlets. Consolidating sales and distribution efforts across potentially tens of thousands of retailers results in a national network of stored value cards available to a cash-based market. In addition, the power of the Trustcash web site (www.trustcash.com) can be used to generate additional traffic to these retail outlets.

Each merger partner can also distribute its products through all partners in the merger: Trustcash cards can be purchased through mobile cards owned by any Paivis phone card holder, and phone cards can be purchased using Trustcash virtual cash cards obtained through any Trustcash web site partner or retail location.

Build Brands:

The Trustcash brand is synonymous with security and privacy...both important benefits to a cash-based market, and a key competitive benefit in the phone card industry which has a history of consumer abuse. This brand can be used in conjunction with Paivis brands to create a greater market presence as well as cross-marketing each brand and its products to the other offerings. Joint POS marketing, media advertising, internet advertising, and word-of-mouth in a common market of immigrants and credit-restricted consumers will reinforce the impact of the merged company.

Expand Markets:

As a combined market and user base grows, the merged company will be in a position to rapidly expand its franchise to young adults and other cash-based consumer markets. In addition, a combined user base of over 100,000 consumers will further attract additional retailers, both physical and web based. The Trustcash web site will become a portal and a central location for a cash-based market to look for goods and services, while phone cards can be used to co-market all products and also to pay for Trustcash cards. This will ultimately provide an opportunity for the Trustcash card to expand to a multipurpose debit card for in-store purchases, and a general purpose gift card.

Acquisitions:

The stored value card market is very fragmented with some 2,000 different programs and providers. As Trustcash and its associated brands become the leader in the cash-based market, additional acquisitions will be targeted to expand the franchise into payroll cards, government payments, bill payments, money transfers, and other payment transactions.

Summary Facts:

* $100 billion plus e-Commerce market
* $171 billion closed-loop stored value card market
* $6 billion phone card market (according to an Atlantic-ACM report)
* Common cash-based market of 100 million consumers
* $73 million combined revenue
* 100,000 users
* Potential of over 70,000 retail outlets
* Common transaction processing and administrative functions
* Consolidated powerhouse in a fragmented market
* Integrating four of the leading growth industries: stored value
   cards, wireless services, Internet and e-Commerce, and cash-
   based payment transactions

In summary, we believe we are clearly headed towards a closing of a transaction that has the potential to be a major value provider for our shareholders.

Sincerely,

Dennis Shafer
Chairman
Trustcash Holdings, Inc.

ABOUT TRUSTCASH

Through its Trustcash brand and website www.trustcash.com, the Company is a pioneer of anonymous payment systems for the internet. It developed a business based on the sale of a stored value card (both virtual and physical) that can be used by consumers to make secure and anonymous purchases on the internet without disclosing their credit card or personal information. Trustcash provides to its customers the "Trustcash(TM)" payment card, which is sold in denominations ranging from $10 to $200 online through any of over 500 websites. Trustcash's non-reloadable, virtual Trustcash card is the only "stored value card" that can be purchased where no personal data is stored or available, providing a unique level of both security and privacy to the purchaser.

TRUSTCASH HOLDINGS (OTCBB: TCHH)
"Up 40.00% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/TCHH.php

Through its Trustcash brand and website (www.trustcash.com), the Company is a pioneer of anonymous payment systems for the Internet. It developed a business based on the sale of a stored value card (both virtual and physical) that can be used by consumers to make secure and anonymous purchases on the internet without disclosing their credit card or personal information. Trustcash provides to its customers the Trustcash™ payment card, which is sold in denominations ranging from $10 to $200 online through any of over 500 websites. Trustcash's non-reloadable, virtual Trustcash card is the only "stored value card" that can be purchased where no personal data is stored or available, providing a unique level of both security and privacy to the purchaser.

TCHH News:

March 17 - Trustcash Holdings, Inc. Releases the Third Segment of Its Chairman's Letter to Its Shareholders and Shareholders of Paivis, Corp.

"Merger and Integration to Produce a Solid Foundation for Generating Earnings"

Trustcash Holdings, Inc. (OTCBB: TCHH) ("TRUSTCASH") released the third segment of a letter from its Chairman, Dennis Shafer, to its shareholders and the shareholders of Paivis Corp. ("PAIVIS") (OTC: PAVC):

Dear Trustcash and Paivis Shareholders:

Recently Trustcash and Paivis announced a plan to commence working together for future integration purposes, etc. This forward thinking of both management teams shows a commitment to not only closing the merger but prepping for the building of a solid foundation to support growth towards the ultimate goal of generating earnings for our soon to be combined shareholder base.

The following provides more detail and insight into the opportunity before us in combining with Paivis and their pending acquisitions.

Operational Efficiencies:

The integration of four companies with a common market, similar transaction processing technology, and common administrative functions immediately creates an opportunity for cost reduction and improved cash flow through operational consolidation.

We believe a combined revenue base of $73 million can be generated with less than half the current operational expenses, potentially resulting in an immediate gain of 50% in net operating income.

Scale economies can also support enhanced customer service and competitive pricing...both key success factors in the debit card and phone card industries.

Technology Enhancements:

Combining the information systems technologies of four companies, all involved in high volume consumer payment transactions, provides an opportunity to develop a leading edge technology platform. This technology platform can be used to provide superior customer service, support new mobile and prepaid card applications, and provide an infrastructure for 'bolt-on' acquisitions of similar businesses in a fragmented market.

Expand Distribution:

All the products of the merged company can be sold through similar retail outlets. Consolidating sales and distribution efforts across potentially tens of thousands of retailers results in a national network of stored value cards available to a cash-based market. In addition, the power of the Trustcash web site (www.trustcash.com) can be used to generate additional traffic to these retail outlets.

Each merger partner can also distribute its products through all partners in the merger: Trustcash cards can be purchased through mobile cards owned by any Paivis phone card holder, and phone cards can be purchased using Trustcash virtual cash cards obtained through any Trustcash web site partner or retail location.

Build Brands:

The Trustcash brand is synonymous with security and privacy...both important benefits to a cash-based market, and a key competitive benefit in the phone card industry which has a history of consumer abuse. This brand can be used in conjunction with Paivis brands to create a greater market presence as well as cross-marketing each brand and its products to the other offerings. Joint POS marketing, media advertising, internet advertising, and word-of-mouth in a common market of immigrants and credit-restricted consumers will reinforce the impact of the merged company.

Expand Markets:

As a combined market and user base grows, the merged company will be in a position to rapidly expand its franchise to young adults and other cash-based consumer markets. In addition, a combined user base of over 100,000 consumers will further attract additional retailers, both physical and web based. The Trustcash web site will become a portal and a central location for a cash-based market to look for goods and services, while phone cards can be used to co-market all products and also to pay for Trustcash cards. This will ultimately provide an opportunity for the Trustcash card to expand to a multipurpose debit card for in-store purchases, and a general purpose gift card.

Acquisitions:

The stored value card market is very fragmented with some 2,000 different programs and providers. As Trustcash and its associated brands become the leader in the cash-based market, additional acquisitions will be targeted to expand the franchise into payroll cards, government payments, bill payments, money transfers, and other payment transactions.

Summary Facts:

* $100 billion plus e-Commerce market
* $171 billion closed-loop stored value card market
* $6 billion phone card market (according to an Atlantic-ACM report)
* Common cash-based market of 100 million consumers
* $73 million combined revenue
* 100,000 users
* Potential of over 70,000 retail outlets
* Common transaction processing and administrative functions
* Consolidated powerhouse in a fragmented market
* Integrating four of the leading growth industries: stored value
   cards, wireless services, Internet and e-Commerce, and cash-
   based payment transactions

In summary, we believe we are clearly headed towards a closing of a transaction that has the potential to be a major value provider for our shareholders.

Sincerely,

Dennis Shafer
Chairman
Trustcash Holdings, Inc.

ABOUT PAIVIS

Paivis Corp., a facility-based wholesale telecommunications carrier, delivers application/value-added services in the prepaid services market. It sells telecommunications products and services, such as prepaid calling cards, prepaid wireless service, and international wholesale terminations. The company also owns and operates a carrier-class prepaid calling platform, including 2 NACT phone card switches integrated with the voice over Internet protocol system dedicated to domestic and international termination and origination of calls. As of September 30, 2006, the company's products are sold through approximately 3,000 retail outlets in the United States. Paivis Corp. is headquartered in Atlanta, Georgia.