MICHAEL WACHS CEOCAST

Auriga Laboratories, Inc. (OTCBB: ARGA), a specialty pharmaceutical company with products for the treatment of acute respiratory diseases and dermatological conditions, last week reported it had acquired the exclusive license to market Ellevan gel, a new OTC intranasal lubricant developed by Dr. Donald Carter, MD, PC, a Colorado-based otolaryngologist. Ellevan is a unique formulation consisting of microencapsulated saline, which produces longer-lasting nasal hydration, unlike current saline solutions often recommended by physicians. Since it does not have a seasonal element to sales, such as cold/flu products and remedies, Ellevan should provide a consistent revenue stream for Auriga’s Consumer Brands Division. Auriga began marketing its Zinx line of OTC cold/cough products earlier this year. Shares ended the week at $1.30, up 13 cents.

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China Digital Media Corporation (OTCBB: CDGT), a rapidly developing digital media company in China, announced record quarterly sales for its second quarter ended June 30, 2006 as revenues increased 241% to nearly $4.5 million. And even though the company had a substantially higher corporate tax rate, CDGT was still able to increase net income by 11%. The strong revenue growth in the 2006 second quarter was primarily due to the increase in number of digital TV subscribers in the DTV operations in Nanhai, and additional contributions from advertising agency business and channel management of joint ventures operations in Guizhou. Furthermore, management anticipates that synergies from the combination of channel management and advertising agency business will drive CDGT’s growth for many years to come. Despite the news, shares lost 2 cents last week, closing at 0.95.

CEOCAST MICHAEL WACHS INTERVIEW - i2Telecom International, Inc. (OTCBB: ITUI), a developer of award-winning patented and innovative high-quality mobile applications and services, released results for the twelve month period ended December 31, 2008. The company reported a decrease in revenue to $629,825 compared with $865,151 in 2007, due to the shift to a higher percentage of recurring service revenues and a new product line. ITUI sold a piece of its intellectual property for $6.5 million during the period, which helped bring its gross receipts total to $7,129,825. Net loss for 2008 totaled approximately $2.9 million, or ($0.01) per share, versus a net loss of approximately $9 million, or ($0.07) per share, in 2007. The decrease in net loss is primarily attributable to the intellectual property sale which provided a net gain of $5,193,620. The company managed to significantly reduce its net loss compared to the previous fiscal year despite the overall contractions characterizing world economies during the period, suggesting that they will be well positioned to achieve profitability as markets continue to stabilize. Shares lost a penny on the week to close at $0.05.

MICHAEL WACHS CEOCAST BUSINESS - National Storm Management, Inc. (OTC: NSMG), a national construction company providing storm restoration services in seven states, released earnings for the second quarter ended June 30th. The second quarter operating loss was $325,000 compared to $453,000 in the first quarter of 2008 and $1.3 million in the second quarter of 2007. The operating loss was the lowest in the last three years as the company continues its rebuilding process after surging growth in 2004 and early 2005. Going forward, the company will concentrate on adding one or two additional locations. The Atlantic hurricane season has been extremely active and company's Florida and Georgia operations are currently tracking three named storms that have possible East Coast ramifications. NSMG is prepared to help these areas recover if a storm should hit. Shares lost a penny to close the week at $0.03.

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