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otcstockexchange.com: UPZS, ILNP, TGPC, FRPT - OTCStockExchange.com Stock AlertRochester, NY, Jun 01, 2006 (M2 PRESSWIRE via COMTEX)
-- OTCStockExchange.com's "Mid-Day Stock Watch Alert" this afternoon
are Unique Pizza and Subs Corporation (Pink Sheets: UPZS), Industrial
Enterprises of America, Inc. (OTCBB: ILNP), Tonga Capital Corporation
(OTCBB: TGPC), Force Protection, Inc. (OTCBB: FRPT). Unique Pizza and Subs Corporation (Pink Sheets: UPZS - http://finance.yahoo.com/q?s=UPZS.PK ) Unique Pizza and Subs Corporation, a Delaware Corporation, has begun to expand its presence in its home market of Pittsburgh, Pennsylvania. Over the next 60 days, Unique Pizza and Subs will be opening three new locations in Monaca, Wexford and Robinson Township. Unique Pizza and Subs is in various stages of negotiations with numerous prospective franchisees throughout Western Pennsylvania. Unique Pizza and Subs is projecting the opening of 6 (six) new stores and 25 (twenty-five) independent stores converted to UPZSs by the end of 2007 with total sales of $13,285,300. James Vowler, President and CEO of Unique Pizza and Subs, stated, ''As the only publicly traded pizza franchise that is headquartered in Pittsburgh, we are extremely excited about our growth throughout Western Pennsylvania. I designed Unique Pizza and Subs from its conception to be a publicly traded, nationwide franchise. A franchise that would have the quality of a 'mom-and-pop' pizza shop but with the consistency of a major franchise. According to Pizza Today Magazine; 'Western PA has more pizza shops per capita than any other area in the U.S.,' which has made it the perfect market for us to showcase our success. Over the last 15 years, we have won many awards, we have been the official pizzas of the Pittsburgh Penguins and Riverhounds, but our biggest success is the intense loyalty of our customers in the Pittsburgh market. With the addition of thirty-one new locations throughout Western Pennsylvania, it is just another of many strong indications to our shareholders how committed we are to becoming one of the top ten pizza franchises in the U.S.'' The Pittsburgh market will allow Unique Pizza and Subs to demonstrate the tremendous benefits of building an experienced and talented management team. This executive team assembled by President and CEO, James Vowler, has produced a powerfully strategic business model that will strengthen market share, acquire new franchisees rapidly, and dominate a competitive market like Pittsburgh. Unique Pizza and Subs thrives on competition because no other national franchise can produce the quality of a ''mom-and-pop'' pizzeria while maintaining the consistency and strength of a major franchise. Unique Pizza and Subs has many advantages over the competition (superior product, a unique and extensive menu, a Customer Response Center) but the main focus of the investment community is UPZS's ability to grow rapidly in any market. Given that Unique Pizza and Subs rapid growth is not limited by demographics or household incomes, it is making the brokerage firms and individual investors take notice. All of these factors are proof of UPZS's commitment towards national expansion and dedication to building value for their shareholders. Other new markets scheduled for opening this summer are: Atlanta, GA; Austin, TX; Boston, MA; Milwaukee, WI; and Norfolk, VA. About Unique Pizza and Subs Corporation, a Delaware Corporation Unique Pizza and Subs Corporation currently is a startup/development stage company. Jim Vowler, President and CEO, completed four years of research before opening his first pizza restaurant in Millvale, PA and then spent the next eleven years refining every aspect of the pizza business and was responsible for opening more than 20 locations under the name Unique Pizza Factory Corporation. Mr. Vowler's pizzas were the official pizzas of the Pittsburgh Penguins and won numerous awards for taste and quality. Calling on this experience, Mr. Vowler has assembled an experienced management team to further develop the company's unique, quality products and business model that is well positioned for rapid growth. Industrial Enterprises of America, Inc. (OTCBB: ILNP - http://finance.yahoo.com/q?s=ILNP.OB ) Industrial Enterprises of America, Inc., headquartered in New York, NY, is an automotive aftermarket supplier that specializes in the sale of anti-freeze, auto fluids, charcoal fluids, and other additives & chemicals. The company has distinct proprietary brands that collectively serve the retail, professional, and discount automotive aftermarket channels. Tonga Capital Corporation (OTCBB: TGPC - http://finance.yahoo.com/q?s=TGPC.OB ) Tonga Capital Corporation today announced that it has entered into a definitive agreement to acquire 100% of the outstanding stock of privately held Momentum Biofuels, Inc. ("Momentum Biofuels"), a Texas-based company that is developing a business in the production, marketing, and distribution of alternative fuels, with an current emphasis on biodiesel fuel. The combined company will benefit from federal and local tax credits for producers of biodiesel fuel such as those outlined in the U.S. Energy Bill of 2005, Oklahoma House Bill No. 1398 and from other government subsidies for producers of biodiesel fuel. Momentum Biofuels, Inc. is building a state-of-the-art production plant to produce 20 million gallons of biodiesel fuel per year which should be in full maximum production in the fourth quarter of this year, subject to continued financing. "I believe the acquisition of Momentum Biofuels will be a defining transaction for the future growth, development and prosperity of Tonga Capital," stated Jeff Ploen, president and CEO of Tonga. Ploen further said, "This acquisition brings to Tonga a fast-growing business led by a management team with extensive industry experience, expertise, contacts and customers." Agreement Terms and Structure Tonga Capital will pay total consideration of 38,000,000 shares of common stock, to acquire from shareholders 100% of Momentum Biofuels common stock. The transaction, expected to close later this summer, is subject to customary closing conditions. The transaction is expected to be accretive to Tonga Capital's fiscal 2007 results. Tonga Capital Corporation plans on changing its name to Momentum Biofuels, Inc. subject to shareholder approval. The company anticipates raising $5 million of capital through a private placement. The company has also arranged a purchase of common stock from the company's largest shareholders to return to treasury. After the raising of the $5 million of equity and the stock buyback, the company expects no more than 52,200,000 shares to issued and outstanding on a fully diluted basis. The company will appoint Charles Phillips and Elizabeth Evans to the Board of Directors at time of closing. Charles Phillips has extensive knowledge in the biofuels industry and has been involved with several other biofuels companies during the past five years. Phillips is a 63-year-old attorney who has been involved in various aspects of the fuels industry for over 30 years. He holds a JD degree from the University of Texas. Elizabeth Evans, 48, is the President of a merger and acquisitions advisory firm located in the upper Midwest. Her career includes 25 years of experience in corporate development and financial structuring in the financial services, entertainment and energy sectors. Prior to founding her company, Evans led the merger and acquisition activity for the Davis Companies in Los Angeles for seven years in the gaming and leisure sector, reporting directly to Marvin Davis while originating and structuring more than $1 billion in new business. Evans holds a B.A. with Honors from Bowdoin College and a master's in finance from the American Graduate School of International Management. Momentum has identified several other individuals with extensive background in the biofuels industry who will be joining the company shortly. Phillips stated, "I look forward to working with Tonga to develop a profitable biofuels business. The current market environment holds great promise for the company." Momentum Biofuels plans to produce and distribute biodiesel fuel through the development of a network of wholesale and retail outlets. The company is focused on capitalizing on the growing demand for alternative and renewable fuels in the domestic market. For more information, go to the company's Web site at www.momentumbiofuels.com or call 303-570-6093. The company's public competitors include Earth Biofuels, Inc. (OTCBB:EBOF), Nova Oil Inc. (OTCBB:NVAO), Pacific Ethanol, Inc. (NASDAQ:PEIX), and Xethanol Corporation (OTCBB:XTHN). The company feels that it will be extremely competitive with these other companies. Force Protection, Inc. (OTCBB: FRPT - http://finance.yahoo.com/q?s=FRPT.OB ) Force Protection, Inc. and subsidiaries engages in the design, manufacture, and marketing of mine and blast protected vehicles in the United States and South Africa. Its products include The Buffalo, designed principally for route clearing activities; and The Cougar, a light weight vehicle that is used for urban patrol, route clearance support, utility transport, and special unit activities. It primarily serves the United States Army and the United States Marine Corps. About OTCStockExchange.com OTCStockExchange.com (OTCS) is a leading investor relations firm whose primary focus is promoting awareness among brokers, investors, and others in the investment community who are interested in small and micro-cap companies. OTCS is dedicated to helping publicly traded companies gain the exposure they need to move forward with the development of their business plans. OTCS's goal is to feature equity investments in micro or small capitalization companies that have the potential for long-term appreciation. OTCS provides all investors with the latest news, press releases, investment opinions, and research reports for all the companies highlighted on the site. OTCS offers a free financial newsletter. To subscribe or get more information, visit our home page located at http://www.otcstockexchange.com. We offer many investor relations programs to public companies. To feature a company on our web site or in our daily Newsletter or Mid-Day Stock Alert, please contact Chris Wheeler at 585-330-8514 , or via email at info@otcstockexchange.com. OTCStockExchange.com (OTCS) based upon information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by OTCS to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. OTCS is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.otcstockexchange.com or mentioned herein. OTCS has been compensated by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion. Affiliates of the publisher for OTCS are to receive a cash fee of five thousand dollars and 71,429 free-trading shares from a third party shareholder of Unique Pizza and Subs Corporation (UPZS) for this investment opinion feature, and may furthermore buy shares in open market transactions or sell any such shares so acquired at any time, either before, during, our after the publication of this website feature. OTCS will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. OTCS's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event of a rise in value. OTCS will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. 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