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www.otc-advisors.com: "Bulls in the Stable" IVHN, DKGR, XKEM, UPZS, FSMH

NY, Jun 06, 2006 (M2 PRESSWIRE via COMTEX) -- www.otc-advisors.com names Innovation Holdings Inc. (Pink Sheets: IVHN), Drake Gold Resources Inc. (Pink Sheets: DKGR), Xechem International, Inc. (OTCBB: XKEM), Unique Pizza and Subs Corporation (Pink Sheets: UPZS) and FSBO Media Holdings, Inc (Pink Sheets: FSMH) its "Bulls in the stable."
To feature your publicly traded company in our alerts, email us @ info@otc-advisors.com or to sign up for our free newsletter visit http://www.otc-advisors.com Innovation Holdings Inc. (Pink Sheets: IVHN - http://finance.yahoo.com/q?s=IVHN.PK)

Innovation Holdings Inc. (PINKSHEETS: IVHN) yesterday announced PharmaSpritz Corporation of Delaware, the manufacturer of SlimSpritz weight control spray and Compozure anti-anxiety spray has initiated a two pronged marketing and sales program for Compozure.

Consisting of the active natural source medicinal ingredients Suntheanine brand L-Theanine and Hydroxylated Lecithin, Compozure is a patented formula that creates an alert yet totally relaxed state of mind without drowsiness. Compozure is clinically proven to reduce stress, improve the quality of sleep, diminish normal symptoms of PMS, heighten mental acuity and reduce negative side effects of caffeine. L-theanine is a unique free form amino acid found in the Green Tea plant.

Beginning in June of 2006 Compozure will be sold on the Internet in partnership with Lipenwald Inc. of Connecticut, and will be sold through direct response advertisements in National FSI publications in both the United States and Canada in August, 2006.

Compozure features a Metered Dose Aerosol Pump that instantly delivers effective and recognized herbal anti-anxiety agents. Compozure is the only anti-anxiety Lipospray available directly to the consumer, worldwide. Compozure's Lipospray technology allows the consumer to self-regulate their intake and control their levels of stress and anxiety.

Mr. Burke has over 30 years experience in the consumer product marketing business, in retail distribution and in direct marketing. In addition, Mr. Burke introduced the first powdered meal replacement for weight loss, NutriSlim, to the Canadian marketplace in 1980.

The Company will rely on Mr. Burke and his management team's expertise to deliver Compozure to the entire marketplace; initially through direct response marketing on the web and print publications and then infomercials. The comprehensive business plan calls for a national retail (in store) roll out by the end of the first year of distribution.

PharmaSpritz Corporation announced on February 22, 2006 that it had signed a Letter of Intent with Innovation Holdings Inc.; a Nevada Corporation, who agreed to purchase all of its assets and those of its Canadian subsidiary in return for shares of Innovation Holdings Inc.

News Headline: Today Robert Blagman, President of Innovation Holdings Inc. was pleased to confirm that the Company will be acquiring PharmaSpritz Corporation and has provided to Mr. Steven Burke a copy of the Share Exchange Agreement for signature.

On May 24th, 2006 additions were made to the Board of Directors to add Mr. Steven Burke and Ms. Rhonda Windsor. Ms. Windsor's role is temporary as she assists the two companies in making the transition. Mr. Burke will become President and Chief Executive Officer upon the signing of the agreement. Upon completion of the acquisition, the Company will apply for a name change and a new symbol and CUSIP will be assigned.

Mr. Burke has over 30 years experience in the consumer product marketing business, in retail distribution and in direct marketing. In addition, Mr. Burke introduced the first powdered meal replacement for weight loss, NutriSlim, to the Canadian marketplace in 1980.

For more information please contact Rhonda Windsor at 905-898-2646 or visit our website at www.slimspritz.com/investor.

Drake Gold Resources Inc. (Pink Sheets: DKGR - http://finance.yahoo.com/q?s=DKGR.PK)

Drake Gold Resources Inc. (PINKSHEETS: DKGR) is pleased to announce the acquisition of Pegasus Well Services, scheduled to be completed within two weeks. Pegasus is a San Antonio-based company that services all of South Texas with a growing list of oil services. (http://www.pegasusoilwellservices.com)

Estimations of revenues for 2006 will be released after evaluation is completed of audited financials and the operations. The acquisition will make Drake a profitable company. The acquisition is being done for all stock, which is restricted for 2 years.

The company plans to expand operations to include complete well services for wells above 10,000 ft. in depth including acidization treatments, cementing, and drilling operations. Pegasus is a growing service provider specializing in shallow oil, gas, and water wells in the South Texas area.

The company began operations in November of 2001 with the first several months being devoted to training personnel, acquiring, and modifying needed equipment. The company became more active over the first 3 years, solidifying its foundation in 2004. Operating with only one cementing unit, its sales for 2005 exceeded $600,000 over a shortened year due to a mechanical rebuild of its main unit.

With the addition of Pegasus, Drake plans on adding additional cementing units, hydraulic fracturing units, drilling rigs, and other needed services, with the intent of becoming a one-stop shop for the oil business. With the growing demand for oil and gas operations in the Texas arena, revenues are expected to continue to rise.

For Drake, the addition of a full-service oil well company will make the advancements into oil and gas development hastened and is lowering capital needed to begin operations. The market today makes it very difficult to schedule equipment needed to perform these services so having them in-house gives Drake the ability to move consistently from project to project without any delays while minimizing risk.

Furthermore, Drake has already made a series of advancements into acquiring oil and gas leases, projects and potential joint ventures to build its portfolio of petroleum operations. The current acquisition and connections already within the industry have located prime targets in South Texas, the Barnett Shale in Texas, California and Louisiana. With the new service division it makes it very easy to obtain projects for low costs and entice current operators to entertain joint ventures.

This is in tune with its recently announced corporate strategy, which is partially outlined here:

"DKGR intends to be a diversified company by operating in the natural resource, petroleum, and alternative energy markets. As a result of ever-increasing scarcity, the market for natural resources is clamoring for diversification and innovative exploration tactics. Potential opportunities for diversification include diamond, gold, silver, copper and other minerals in areas such as Arizona, Oregon, Alaska, British Columbia, the Yukon Territories, and other affiliated sections throughout gold districts in Northern Mexico. DKGR also plans to capitalize on current and long-term trends in energy prices to operate in the petroleum and alternative energy markets."

The Drake team believes acquiring Pegasus Well Services is a step in the right direction -- it minimizes the risk of oil and gas exploration while building solid well-margined cash flows.

Current and future shareholders are encouraged to sign up for email updates. The new Company website provides current news releases, reports, interviews, industry news and market related information. To sign up, click on the link located under the main menu at www.drakegold.com.

Shareholder inquiries and suggestions are welcome and should be directed to the Drake Gold, Investor Relations Team at (toll free) 1-888-601-9983, internationally at 1-503-618-0370, or via email at info@novakcapital.com.

About Drake Gold Resources, Inc.

Drake Gold Resources, Inc. (http://www.drakegold.com) is an early-stage mining and energy company that focuses on the exploration and production of precious metals, diamonds and energy, such as petroleum and coal. Several projects have been identified through Thunder Gulch Resources, Ltd. and its resources in North America. Drake is in the process of completing the acquisition of Pegasus Oil Well Services. (http://www.pegasusoilwellservices.com) Announcements will be made as agreements are completed.

Xechem International, Inc. (OTCBB: XKEM - http://finance.yahoo.com/q?s=XKEM.OB)

Xechem International, Inc. (OTC BB: XKEM) announced today that it has received Orphan Drug designation from the U.S. Food and Drug Administration (FDA), Office of Orphan Drug Products Development, for the five-membered heterocyclic anti-sickling compound known as 5-HMF for the treatment of patients suffering from sickle cell disease (SCD).

Research led by Dr. Donald Abraham of Virginia Commonwealth University (VCU) has shown 5-HMF to be "the best potential anti-sickling agent in 30 years of sickle cell research", performed by his group. 5-HMF not only is a natural product with very little, if any, toxicity, but it has a high affinity for sickle cell hemoglobin. It is also very active in genetically modified mice as shown by Dr. Toshio Asakura, Director, and his colleagues at the NIH-NHLBI Sickle Cell Disease Reference Laboratory at the Children's Hospital of Philadelphia, University of Pennsylvania.

According to Xechem's Chairman and CEO, Dr. Ramesh Pandey, "We are pleased with the FDA's decision granting Orphan Drug Designation to 5-HMF. This puts Xechem into a unique position where the company will have two drugs in the pipeline for treating patients with sickle cell disease. 5-HMF is a new type of drug that interacts specifically with intracellular hemoglobin without interacting with other proteins in the body. Today there are no non-toxic drugs available on the market to treat SCD. We are actively proceeding with our first drug (NICOSAN(TM)) in the hope of bringing it to the Nigerian market immediately following Nigerian regulatory approval. We are also preparing the Investigational New Drug (IND) application for 5-HMF for submission to the FDA in the coming months."

About Orphan Drug Designation

Orphan Drug status entitles a company to various incentives including the waiver of Regulatory Filing fees, access to potential grant funding for non-clinical and clinical research to generate required data for marketing approval, and seven years of marketing exclusivity for a designated drug once approved by the FDA. (Orphan diseases are generally defined as those afflicting less than 200,000 people in the US.)

About Sickle Cell Disease

Sickle cell disease is an inherited blood disorder caused by an abnormality in the hemoglobin molecule. Patients with this disease often produce stiff, abnormally shaped red blood cells that sometimes do not flow freely through blood vessels. This can create clogs in the vessels, which in turn cuts off the flow of normal hemoglobin and oxygen to parts of the body, and can cause severe painful attacks, damage to various organs, and shortened life span. In the US, there are approximately 70-80,000 patients suffering with sickle cell disease, many of whom suffer unpredictable painful crises several times a year lasting a few hours to a week or more. In Nigeria, more than 4 million persons have the disease. Worldwide, approximately 12 million are believed to suffer from this disease.

About Xechem

Xechem International, Inc. is a development stage biopharmaceutical company whose focus and resources are currently being primarily directed toward the development and commercial launch of NICOSAN(TM) (to be marketed as HEMOXIN(TM) in the United States and Europe), which has shown efficacy in the prophylaxis management of Sickle Cell Disease (SCD). In addition to NICOSAN(TM) and 5-HMF, Xechem is also working on anticancer, antiviral (including AIDS), antifungal, antimalarial and antibacterial products from natural sources, including microbial and marine organisms. Xechem's mission is to bring relief to the millions of people who suffer from these diseases. Its focus is on the development of phyto-pharmaceuticals (Natural Herbal Drugs) and other proprietary technologies, including those used in the treatment of orphan diseases.

Unique Pizza and Subs Corporation (Pink Sheets: UPZS - http://finance.yahoo.com/q?s=UPZS)

Unique Pizza and Subs Corporation (Pink Sheets: UPZS), a Delaware Corporation, projects its rapid expansion in 6 (six) U.S. markets in 2006: Atlanta, Ga., Austin, Texas, Boston, Mass., Milwaukee, Wis., Norfolk/Chesapeake, Va. and Pittsburgh, Pa. With these new markets opening, Unique Pizza and Subs will establish 194 (one hundred and ninety-four) locations open by the end of 2007, with sales totaling $84,233,400. In addition to the six territories scheduled to start opening by July 2006, Unique Pizza and Subs is in various stages of negotiations with prospective franchisees in: Canton, Mich., Charlotte, N.C., Chicago, Ill., Greensburg, Pa., Houston, Texas, Ontario, Calif., Phoenix, Ariz., Royal Oak, Mich., and Sacramento, Calif., with the minimum commitment of five locations per franchisee.

James Vowler, President and CEO of Unique Pizza and Subs, stated, "It's exciting and humbling, already having signed commitments in six major markets to open almost two hundred new locations by the end of 2007! Our franchise and marketing departments haven't even started our franchising campaign (scheduled to start marketing 'franchises for sale' in September of this year). We know it is a very ambitious objective to open two hundred new franchises in the next eighteen months, that is why we have selected franchisees that have a strong passion toward our brand, committed to five or more stores and have the financial viability to open them. I designed Unique Pizza and Subs, from the beginning, to expand rapidly in any market. We not only open stores in the high profile areas, but we go into the smaller markets and convert independent pizza shops into a Unique Pizza and Subs in about a week. Our current success is another strong indication to our loyal shareholders of the aptitude of our company to expand our/their franchise nationwide." Unique Pizza and Subs is the only publicly traded pizza franchise that has been designed to succeed in "high profile" as well as smaller markets, allowing for a much more rapid growth in any market than its competition. Unique Pizza and Subs has four clear advantages over the rest of the pizza industry: superior quality of product, a unique and extensive menu, Customer Response Center (C.R.C. receives incoming orders for all nationwide stores), and a well defined strategy for converting existing locations within a market. Unique Pizza and Subs is well positioned for strong growth throughout the U.S. and they anticipate many significant announcements over the next few months to support that contention. This will allow them to reach strategic and financial milestones that will provide reassurance for shareholders and brokers, while propelling serious interest from potential investors.

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 pizza 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.

The Unique Pizza and Subs logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2466 FSBO Media Holdings, Inc (Pink Sheets: FSMH - http://finance.yahoo.com/q?s=FSMH.PK)

FSBO Media Holdings, Inc. recently announced that it has entered into a definitive agreement to acquire privately held Voyage Media LLC.

"Voyage's proprietary software technology has accomplished a delivery system that is not in the market place today," said Kevin Upton, Managing Partner. He also added, "We believe this visual experience will bring a level of comfort and confidence not yet achieved by today's online poker providers. By validation and communicating this trust we will undoubtedly pull market share from existing gaming sites. At the same time, upon completion, we will open up the world of online poker to a whole new cross section of potential gamers, who are afraid to play because they feel unsure or unsafe in the cyber-space environment."

Click here to see the future of online poker: http://www.fsbowebtv.com/realdeal About FSBO Media Holdings Inc.; FSMH utilizes conventional forms of media advertisement such as Internet, TV, print and radio. Other service providers will be able to advertise services and products through the FSBO Media Holdings network of affiliates. FSBO Media Holdings, Inc. will also seek to acquire other businesses related to the real estate industry, as well as other providers of media content. FSBO Media Holdings has established individual divisions to include: FSBO Home Shoppers Network, an online merchandiser of thousands of household items; FSBO Financial Network by which the Video-Spectus www.videospectus.com is produced and sold; FSBO Mortgage; FSBO Title; and FSBO flat fee home listing and marketing services.

FSBO WebTV has modeled its real estate marketing business after the discount stock brokerage businesses that revolutionized their industry, such as Scottrade, E-Trade and other popular consumer accepted brokerage services that have provided the "Self Help Directed" methods of buying, selling and making investment decisions on their own without paying high commissions. www.fsbowebtv.com quality products and business model that is well positioned for rapid growth.

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