Dear PSL members,

OTC major falls of the day: (SRSR, ESPH, NVLT, CBIS, PLGC)

SARISSA RESOURCES IN (PINK: SRSR) dropped by 12.12% to close at $0.029 whereas overall traded volume stood at 2.51 million shares for the day.

Ecosphere Technologies, Inc. (OTC: ESPH) closed at $0.71 after moving down by 12.79% with total traded volume of 2.31 million shares. Ecosphere Technologies, Inc. (Ecosphere) is a diversified engineering, technology development and manufacturing company. The Company is using its Ecosphere Ozonix technology to assist gas and oil companies in treating water used to fracture natural gas wells in an environmentally friendly manner; in eliminating the use of chemicals to treat bacteria and reduce scaling in the fracturing process; in eliminating the need to dispose of contaminated water which flows back after fracturing wells, which reduces environmental regulatory issues, and improving the efficiency and productivity of natural gas wells. Ecosphere provides energy exploration companies with an onsite, chemically free method to kill bacteria and reduce scaling during fracturing and flowback operations.

Novelos Therapeutics, Inc. (OTC: NVLT) went down by 1.67% to close at $0.059 whereas traded volume stood at 2.10 million shares for the day. Novelos Therapeutics, Inc. (Novelos) is a biopharmaceutical company focused on developing and commercializing oxidized glutathione-based compounds for the treatment of cancer and hepatitis. The Company’s compound, NOV-002 is a small-molecule compound based on a formulation of oxidized glutathione that has been administered to approximately 1,000 cancer patients in clinical trials. As of December 31, 2009, NOV-002 was in Phase II development for solid tumors in combination with chemotherapy. The Company’s second glutathione-based compound, NOV-205 acts as a hepatoprotective agent with immunomodulating and anti-inflammatory properties.

CANNABIS SCIENCE INC (OTC: CBIS) reported the fall of 2.73% and closed at $0.074 with overall traded volume of 1.96 million shares in the last trading session.

Playlogic Entertainment, Inc. (OTC: PLGC) decreased by 88% to close at $0.024 whereas total traded volume stood at 1.94 million shares. Playlogic Entertainment, Inc. (Playlogic Entertainment) is a publisher of interactive entertainment products, such as video game software and other digital entertainment products. It publishes on all interactive entertainment hardware platforms, like Sony’s PlayStation 3, and Playstation2, Microsoft’s Xbox 360 and Nintendo’s Wii, personal computers (PCs) and handheld devices (such as Nintendo DS, and PSP) and mobile devices. The Company sells its products to distributors, who sell to retail. It also sells directly to consumers through online distribution channels.

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