Dear PSL members,

High momentum stocks: (EFGU, ISCO, KNDI, GNBT, FCEL)

EMPIRE FILM GRP INC (PINK: EFGU) surged by 122.2% to close at $0.04 whereas overall traded volume stood at 5.21 million shares.

International Stem Cell Corp (OTC: ISCO) went up by 22.3% and closed at $1.37 with total traded volume of 1.03 million shares in the last trading day. International Stem Cell Corporation is a biotechnology company. The Company is focused on therapeutic biomedical research and cosmeceutical products. Its wholly owned subsidiary Lifeline Cell Technology (LCT) creates, manufactures and sells research products to culture human cells. Lifeline generates revenue and provides cell manufacturing knowledge and infrastructure to support long term therapeutic objectives. The Company’s wholly owned subsidiary Lifeline Skin Care (LSC) creates cosmetic skin care products derived from the human cell technologies.

Kandi Technolgies Corp. (NASDAQ: KNDI) moved up by 12.4% to close at $3.64 whereas traded volume stood at 529,619 shares for the day. Kandi Technologies, Corp. (Kandi) is engaged in the design, development, manufacturing, and commercializing of electrical vehicle, all-terrain vehicles, go-karts, and specialized automobile related products for the People’s Republic of China (PRC) and global export markets. Sales are made to dealers in Asia, North America, Europe and Australia. Kandi’s products include off-road vehicles (which include all-terrain vehicles (ATVs), utility terrain vehicle (UTVs), and go-karts), motorcycles and mini-cars. Its subsidiaries include Continental Development Ltd., Zhejiang Kandi Vehicles Co. Ltd. and Kandi Special Vehicles Co., Ltd. The Company is a manufacturer of go-karts in the People’s Republic of China. Kandi produces a range of go-karts, from the 90cc class to the 1,000cc class in cylinder displacement. During the year ended December 31, 2009, the Company launched the battery powered all-electric CoCo.

Generex Biotechnology Corporation (NASDAQ: GNBT) closed at $0.38 after gaining by 11.8% with overall traded volume of 7.07 million shares in the last trading session. Generex Biotechnology Corporation (Generex) is a development-stage company. The Company is engaged in the research, development and commercialization of drug delivery systems and technologies. The Company is focused on its technology for the administration of formulations of large molecule drugs to the oral (buccal) cavity using a hand-held aerosol applicator. Through its wholly owned subsidiary, Antigen Express, Inc. (Antigen), the Company has expanded its focus to include immunomedicines incorporating vaccine formulations. The Company’s subsidiaries include Generex Pharmaceuticals Inc., Generex (Bermuda), Inc., Generex Pharmaceuticals (USA) LLC and Generex Marketing & Distribution Inc. In April 1999, the Company completed a reorganization in which it merged with Generex Idaho. In September 2009, the Company announced the incorporation of SIA Generex Biotechnology BALTIC as a wholly owned subsidiary.

FuelCell Energy, Inc. (NASDAQ: FCEL) increased by 10.6% to close at $1.36 whereas total traded volume stood at 6.77 million shares. FuelCell Energy, Inc. (FuelCell Energy) is engaged in the development and production of stationary fuel cells for commercial, industrial, government and utility customers. Its Direct FuelCell (DFC) power plants are generating power at over 55 locations worldwide. The Company’s products have generated over 400 million kilowatt hour (kWh) of power using a variety of fuels, including renewable wastewater gas, food and beverage waste, natural gas and other hydrocarbon fuels. The products include Direct FuelCell or DFC Power Plants. In addition, the Company develops its carbonate fuel cells, planar solid oxide fuel cell (SOFC) technology.

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