Stocks to Watch 1-31-08

OG NATION INCORPORATED (OTC: OGNA)
"Up 43.48% on Wednesday"

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

OG Nation, Inc. is an innovative new lifestyle company dedicated to building long-term success both through the creation of a unique and recognizable brand name, and through the integration of commercial success with social awareness. Convinced that “success” in business has long been too narrowly defined, OG Nation was founded by a group of visionary beverage industry executives who shared a common goal of leveraging the power of commerce in a way that was consistent with their desire to foster greater inclusion in the business world. Led by their President and Chairman of the Board, the well-known and accomplished Hall-of-Fame tailback, actor, entrepreneur, and social activist Jim Brown, the team of seasoned industry executives have set out to become one of the leaders in the beverage industry through developing, distributing and marketing their signature product lines. OG Nation, Inc. was formerly known as DFW Consultants Com, Inc. and changed its name to OG Nation, Inc. in July 2007. OG Nation, Inc. is based in the Gilbert, United States.

OGNA News:

January 30 - OG Nation Engages Leading Litigation Law Firm; Files Multi-Million Dollar Lawsuit Against InvestSource and Others Responsible For Disseminating False, Misleading and Unauthorized Press

OG Nation, Inc. (OTC: OGNA), on behalf of its shareholders and its board of directors, has engaged the law firm of Heygood, Orr, Reyes, Pearson & Bartolomei (www.reyeslaw.com) and charged them to aggressively prosecute an action against a number of parties, including InvestSource, Inc., as well as other individuals and entities, related to their dissemination of false and misleading information about the company.

Commenting on the unauthorized, false and misleading information that was recently disseminated by InvestSource through MarketWire to the detriment of the company and its shareholders - Giovanni Luciano, CEO of OG Nation stated, “We are not in the business of filing lawsuits. On the contrary, we are in the business of designing, marketing and selling delicious beverages to our customers. However, when our executive team and our board were shocked by the issuance of the recent press release about our company, and of course the subsequent dramatic drop in the price of our stock on unusual volume, we decided that we would not stand by while these bullies tried to put their boots on our corporate neck.

“Filing this lawsuit is our response to the business practices of the parties that we trusted to help make this company a publicly traded company. Heygood is the right law firm to help us get our message across to the bad guys – that we are not going to stand by and let them destroy our company – our ability to attain financing, our ability to operate and our ability to create value for our shareholders.”

Mr. Luciano added, “Just as we are proud that we have stood up to the bullies at InvestSource, we are even happier to report that the allegations made in the InvestSource press release are patently false. We currently have thousands of cases of Hydro Power and Atomic Dogg in inventory. And we are in the final stages of our negotiations with one of the largest beverage distributors on the Eastern Seaboard. We cannot guarantee the success of everything we are doing, but as of the date of the InvestSource press release we were in an outstanding position to roll out our products and serve our markets. Just like our founding shareholder Jim Brown did when he faced formidable odds in the NFL, we intend to fight on, use our strengths and continue to break through all barriers, including the most recent ones put in front of us by the defendants to this lawsuit.”

CELSIUS HOLDINGS (OTCBB: CSUH)
"Up 41.18% on Wednesday"

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

Celsius Holdings, Inc., through its subsidiaries, Celsius Inc. and Celsius Netshipments, Inc., engages in the production, distribution, and marketing of functional beverages in the United States. The company offers CelsiusR, a calorie burning soda, which is available in cola, ginger ale, lemon/lime, orange, and wild berry flavors. It also sells its products through the Internet. The company was founded in 2004 and is based in Delray Beach, Florida.

CSUH News:

January 29 - Celsius Lands New Distributor RL Lipton

Northern Ohio Distributor Chooses Celsius to Satisfy Growing Market Demand for Better-For-You Beverages

Celsius Holdings, Inc. (OTCBB: CSUH) announced that its partnership with RL Lipton, a Northern Ohio Distributor known for their long history in the beer and soft drink business. RL Lipton services over 2,500 accounts with exceptional customer service and premier beers such as Corona, LaBatts, Rolling Rock, Stella Artois and a large variety of Non-Alcoholics (NA), such as Monster, Arizona Tea, Ever Fresh Juices and a variety of others. Celsius, the first healthy calorie-burning beverage that delivers sustained energy and great taste, backed by trusted science, is the most recent NA added to their growing portfolio.

"More and more consumers are becoming aware of better-for-you products in our market and are willing to pay a premium price to reap the benefits," said Steve Eisenberg, President, RL Lipton. "Celsius certainly has a unique healthy offering and was the most logical brand available to grow this side of our business. So, far we have been experiencing far more success and market acceptance than expected. Our entire team is excited to see what the warmer months will bring."

The Celsius Team joined efforts to adequately introduce Celsius by working with the RL Lipton sales team, merchandising the store shelves, sampling and selling. Celsius intends to continue their dedication and resources to help build the Northern Ohio market.

MAGNUM D'OR RESOURCES (OTCBB: MDOR)
"Up 36.36% on Wednesday"

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

Magnum d'Or Resources, Inc. focuses in operating in recycling and waste management sectors. It intends to develop facilities that produce rubber powders, thermoplastics, and thermoplastics elastomers. Magnum holds licensing rights to various patents that would allow rubber to be devulcanized, specialty blend EPDM powders, and EPDM compounds. The company was founded in 1999 and is based in Ft. Lauderdale, Florida.

MDOR News:

January 30 - Magnum D'Or Resources Signs 5-year $91,200,000.00 USD Agreement with National Sales & Supply for Rubber Buffings

Magnum D’Or Resources, Inc. (OTCBB: MDOR) (Magnum) announced the signing and closing of a 5-year, $91,200,000.00 ($18,240,000.00 annually) contract, with National Sales & Supply (NSS, LLC.) for rubber buffings effective immediately.

This signed agreement between Magnum and Bensalem, PA based National Sales & Supply is for rubber buffings. Magnum will operate in such capacity to process tires and rubber chips in to usable goods such as buffings.

Joseph Glusic, President of Magnum stated, “We are now accelerating our multi-phase business plan that will include our own production facilities, joint ventures, and sub-license of proprietary technology to qualified groups. With contract in-hand we are now able to seek the capital funding required to meet our rapid growth projections in the “Green” market. The interest in our technology has been staggering to date.”

Magnum, through Spreelast, owns licensing rights and technology to a number of patents for Devulcanising rubber, production of EPDM powders, and EPDM compounds that could potentially revolutionize the rubber recycling industry in the U.S., Canada, and China.

NSS, LLC is a leading manufacturer and distributor of rubber landscaping products including; rubber mulch, rubber timber, benches, stepping stones, pavers, flower beds, pathways, pool & pond borders, and playground safety surfacing products including flex curbs, rubber ground fill, swing safe mats, rubber safety tiles, walk & roll mats.

Magnum is rapidly expanding to become a Global Leader in the Recycling industry by providing: Turnkey Recycling Plants, Operational Assistance, Consulting Resources, Waste Management Solutions, and Heavy Equipment Supplies such as shredders, granulators, and various machinery for reclaiming and utilizing raw materials. Magnum will also continue as an 'incubator' for businesses seeking to expand in the public venue through acquisitions and partnerships.

BEO BANCORP (OTCBB: BEOB)
"Up 27.01% on Wednesday"

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

BEO Bancorp operates as the bank holding company for Bank of Eastern Oregon, which provides commercial and consumer financing, banking and mortgage lending, and other services in northeastern Oregon. Its deposit products include noninterest-bearing demand, savings and interest-bearing demand, and time deposits. The bank's loan portfolio consists of home loans, agricultural loans, commercial loans, and consumer loans. Bank of Eastern Oregon also operates a mortgage division, has loan production offices in Hermiston and Ontario, and offers brokerage services through BEO Financial Services. In addition, it provides online banking services. As of June 30, 2006, the bank operated 11 branches located in Arlington, Ione, Heppner, Condon, Irrigon, Boardman, Burns, John Day, Prairie City, Fossil, and Moro. BEO Bancorp is based in Heppner, Oregon.

BEOB News:

January 30 - BEO Bancorp has Record Quarter and Annual Earnings

BEO Bancorp (OTCBB: BEOB), and its subsidiary, Bank of Eastern Oregon, recorded its largest quarterly and annual net income in the history of the organization.

— 4Q 2007 net income $708,000, an increase of 57.3% year over year.
— 2007 YTD net income $2,325,000, an increase of 58.7% over 2006 YTD net income.
— Total Asset growth was 12.6%, year end total assets a record $207,636,000.
— Total Loans increased 23.8% year over year to $148,274,000 at year end 2007.
— Total Deposits increased 4.7% to year end total deposits of $170,160,000.
— Earnings per share $2.64 2007 YTD versus earnings per share of $1.66 in 2006.
— ROAE YTD 22.2%. ROAA YTD 1.19%.

“We are extremely pleased with the results of the year just concluded,” said President and CEO, E. George Koffler. “The performance was keyed by a management team that continued to find ways to increase revenue and control expenses, a support staff that provides top quality back office results, a credit team that improved loan totals without sacrificing quality, and a veteran, dedicated branch system of employees that consistently provides excellent customer service,” said Koffler.

The January issue of US Banker rated BEO Bancorp’s return on equity as 11th highest for all banks nationally and 4th highest in the community bank classification.

Financial details and exhibits can be accessed at www.beobank.com.

BIMINI CAPITAL MANAGEMENT (OTC: BMNM)
"Up 14.85% on Wednesday"

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

Bimini Capital Management, Inc., a real estate investment trust (REIT), invests primarily in residential mortgage-related securities (MBS) issued by the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, and the Government National Mortgage Association. As of June 30, 2007, the company's portfolio comprised of 64.40% adjustable-rate MBS, 23.84% fixed-rate MBS, and 11.76% hybrid adjustable-rate MBS. It also originates and purchases residential mortgage loans, including ALTERNATE A loans, conventional prime mortgage loans, jumbo prime mortgage loans, government prime mortgage loans, prime home equity loans, and subprime mortgage loans. The company has elected to be taxed as REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal income tax purposes, provided that it distributes at least 90% of its REIT taxable income to its shareholders. The company was founded in 2003. It was formerly known as Bimini Mortgage Management, Inc. and changed its name to Opteum, Inc. in 2006. Further, the company changed its name to Bimini Capital Management, Inc. in September 2007. Bimini Capital Management is based in Vero Beach, Florida.

BMNM News:

January 30 - Bimini Capital Management Announces Reduction in Share Ownership Limit

Bimini Capital Management, Inc. (OTC: BMNM) (“Bimini Capital” or the “Company”), a real estate investment trust (“REIT”), announced that, pursuant to Article XIII, Section 9 of the Company’s Amended and Restated Articles of Incorporation, the Company’s Board of Directors adopted resolutions reducing the maximum ownership limit with respect to its outstanding shares of capital stock from 9.8% to 4.98% effective January 28, 2008. The reduction in the ownership limit is intended to assist the Company in avoiding a change in ownership that may adversely affect its ability to use certain net operating losses and capital loss carry-forwards for U.S. federal income tax purposes. For more detailed information, please refer to the Company’s filings with the Securities and Exchange Commission. These filings are available on the Company’s website at www.biminicapital.com under the “SEC Filings” page and also may be obtained at www.sec.gov.

ALTERNATE ENERGY CORPORATION (OTCBB: ARGY)
"Up 17.24% on Wednesday"

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

Alternate Energy Corporation (AEC) is the emerging leader in the commercialization of economically viable and environmentally responsible hydrogen solutions. AEC's patent pending hydrogen production process cleverly produces pure hydrogen alongside premium commercial chemicals, all of which enjoy established global markets. The company's on-site solution offers affordable bulk hydrogen to its customers as a reliable alternative to delivered (tube trailer) hydrogen, at a significantly reduced price. AEC's patent pending process sets itself apart from all other traditional forms of hydrogen production by avoiding the use of fossil fuels, therefore not contributing to harmful greenhouse gas emissions. AEC's recently developed Hydrogen Injection Process 'HIP' adds another environmental feather to its cap, by enhancing fuel efficiency and reducing greenhouse and other polluting gases by improving gas and diesel engine combustion. AEC believes its novel technology and pioneering business model can have a revolutionary impact on a wide range of global industries. For more info go to www.cleanwatts.com.

ARGY News:

January 29 - Alternate Energy Corp. Announces New Hydrogen Initiative

Company Discloses Progress Made in Last 6 Months; AEC's New Initiative Focused on Hydrogen Injection System for Diesel Engines; Innovative Solution Improves Fuel Efficiency, Increases Horsepower and Decreases Emissions of Diesel-Powered Trucks

Alternate Energy Corp. (OTCBB: ARGY), an emerging leader in the commercialization of economically viable and environmentally responsible hydrogen solutions, updated shareholders on its progress to date.

Since AEC's announcement this past July, where it disclosed its patent applications for its process technology that produces hydrogen and a number of valuable commodity chemical by-products, the Company has been actively pursuing a number of growth initiatives.

The Company's first order of business has been to secure the necessary funding to set its production plan in motion with an investment partner that understands the industry. Over the last six months, many interested parties willing to finance the Company have been engaged and evaluated to identify the most suitable business partner that demonstrates the highest competency and commitment to the projects involved. While this process has been both resource and time consuming, AEC is now in the final stages of negotiation with its most viable financing prospect.

As previously announced, with financing complete, AEC will swiftly commence construction of its pilot plant project. In addition to the start of its pilot plant operations, AEC recently made the decision to simultaneously move forward with a complementary business that has been in development since the spring of last year.

The AEC Hydrogen Injection Process 'HIP'

Over the last seven months, AEC's research and development team has created a new product that was specifically designed to complement AEC's sale of hydrogen and commodity chemicals.

Blaine Froats, AEC's Chairman and CEO, commented, "While the production of industrial hydrogen for bulk users (such as hydrogenation) remains a lucrative business opportunity, we always felt that our quality hydrogen could be sold at a much higher price given the right application. I therefore tasked our R&D team with the objective of increasing the 'per unit value' of the hydrogen by researching applications that would support it. What they found was momentous for AEC and its shareholders."

Based on well-documented research conducted by a plethora of scientific sources, it has become a known scientific fact since the 1970s that the addition of hydrogen to internal combustion engines (ICE) offers a number of significant benefits to the operator, namely, increased fuel efficiency and horsepower alongside reduced greenhouse gases and emissions. These benefits can be attributed to the more complete combustion of the fuel when hydrogen is injected into the air/fuel mixture:

— An increase in fuel efficiency and resultant fuel savings of up to 40% in certain applications (i.e. stationary gensets). Typically, the introduction of hydrogen into an ICE will realize fuel savings from 10 to 25% dependant on several factors which influence fuel economy, including driving habits and the condition and make of the engine.

— A significant increase in horsepower (HP). While some consider this to be a side benefit, truck drivers interviewed have expressed that the increase in horsepower warrants enough benefit on its own to justify the purchase of the unit, irrespective of fuel savings.

— Reduced overall emissions (virtually eliminating the customary black smoke that is typical of diesel-powered trucks and buses.):

* 8 to 25% reduction in Co2 Greenhouse Gas Emissions
* Up to 98% reduction in particulate matter
* Up to 98% reduction in carbon monoxide
* Up to 75% reduction in hydrocarbons
* Up to 51% reduction of nitrous oxides

In the United States, the Environmental Protection Agency (EPA) continues to phase in its emission standards legislation, based on the "Clean Air Act Amendments" of 1990, which forces the trucking and other industries to reduce emissions, alongside refiners mandated to minimize sulfur (to 15ppm) in the production of diesel by 2010. Analogous to when unleaded fuel made its debut, when these new laws begin to take effect, the price of diesel fuel will likely become more costly to the end-user.

The Company has since developed its innovative Hydrogen Injection Process (named 'HIP') for diesel engines aggressively targeting the North American heavy transport / trucking industry. In the context of increasing oil prices, because diesel fuel represents approximately a third of a trucking company's operating cost, it was decided that this industry could benefit most from fuel savings and therefore targeted as 'low-hanging-fruit.'

Currently, AEC is actively testing its hydrogen injection process 'HIP' technology on diesel generators and trucks, quickly moving to 'patent protect' its unique solution. The Company summarizes its business analysis findings below:

1) AEC projects excellent ROI for truckers (less than 6 months @ 15% savings), strong income and handsome profit margin for the Company.

2) Cross-comparison of its system against competitive approaches that predominantly employ "electrolysis" to produce hydrogen for injection has shown the Company's solution to be superior by all measures — specifically, overall lower cost and improved reliability.

3) By virtue of the unprecedented benefits and comparative lower cost of AEC's HIP, every trucking company owner interviewed has expressed an overwhelming interest in the AEC solution, with many asking to be the company's first customers when the units are initially produced.

4) Next steps will include completion of product design for commercial release, patenting, certification, construction and sales.

5) The example provided below has been included to provide AEC's shareholders with a clearer understanding of how the Heavy Transport/Trucking industry presents a strong business opportunity to the company.

The Competition:

While the improvement of engine efficiency via the injection of hydrogen has been a known fact for almost four decades, only two small companies have attempted to exploit its use. Since each of these companies is selling more costly and unreliable systems, AEC is confident that the opportunity to secure a significant share of the vast world market appears to be uncommonly high.

In addition to the above, AEC is also exploring the existing on-board truck generator market with its system. With emissions regulations becoming increasingly enforced by more and more states and provinces, on-board generators are replacing the driver's need to keep the truck's diesel engine running to provide electricity when not driving. AEC is now looking to improve the combined fuel efficiency of the truck's engine and on-board generator for overall greater fuel savings.

Blaine Froats summarized, "I would first like to thank our shareholders for their patience. We have some loyal shareholders who have believed in our Company since its inception and they understand that it has taken exceptional effort and time to achieve what we have to date. We are very pleased to inform our shareholders about the Company's new Hydrogen Injection Process 'HIP' development program and about the very large market opportunity that exists."

Mr. Froats added, "We see this new use of hydrogen as the ideal complement to AEC's overall business as a provider of hydrogen and valuable commodity chemical products. I want to be clear by saying that both businesses will be developed together, in unison. We will therefore continue to move forward toward building process plants that will produce hydrogen that can supply the trucking/heavy transport market, while also working towards becoming a major supplier of valuable commodity chemicals to a world market that exceeds $10 billion per year."