Longwei Petroleum Investment Holding has executed a Purchase and Sale Agreement with Taiyuan Coal Gasification Group Rail Transport Company, pursuant to which Taiyuan has agreed to purchase 30,000 metric tons of finished oil products from Longwei Petroleum to be delivered in 2009.

The future of American cars rests with hybrid technology. As the country moves away from its dependence on foreign oil and adopts more environmentally friendly automotive measures, companies like Quantum Fuel Systems (NASDAQ: QTWW), who are developing a wide range of premium hybrid cars, are set to benefit. One of those cars in particular is going to catch the attention of the whole country: the Fisker Karma, Quantum’s premier plug-in hybrid sports car, being showcased in January 2009, at the North American International Auto Show in Detroit, Michigan.

China small-cap stocks have been decimated along with everything else. But even before the market turmoil of the last two months, China small-cap stocks were generally illiquid and undervalued. Most of the small-cap companies going public in the U.S. are manufacturers. The policies implemented during the Cultural Revolution (1963-1983) set the country back at least 30 years in terms of developing new technologies. The revolution put in place a great turning inward and an eschewing of all things not Chinese — factors which when combined with a rigid communist ideology did little to encourage creativity and innovation.

ZAGG (OTCBB: ZAGG), the leading provider of protective film coverings for personal electronics, reported strong 3rd Quarter results. ZAGG’s proprietary, ultra-tough military grade film covering called the InvisibleShield, is gaining popularity which translates into increased sales. ZAGG experienced a 485 % increase in 3rdQ over 3rdQ sales with $6.8M in sales for 2008 and $1.4M in sales for 2007.

Leaders in the medical field have yearned for years to be able to prevent diseases and other ailments rather than just having to treat them. The will to do so had always been there but the question was, “How?” Rxi Pharmaceuticals Corp. (NASDAQ: RXII) believes they have the answer with RNAi therapy. RNA interference (RNAi) is a mechanism that inhibits gene expression at the stage of translation or by hindering the transcription of specific genes. Basically, if you have the gene of particular disease, RNAi therapy can prevent this gene from “expressing itself”, which means that you will not show the symptoms of the disease.

In this new digital age with the world growing more interconnected everyday, serious opportunities present themselves for seasoned telecommunications companies. Elephant Talk Communications, Inc. (OTCBB: ETAK), is a world class telecommunications company providing next generation telecom solutions with state-of-the-art technology in wireless products and services. With a substantial pipeline of acquisitions underway, ETAK is poised for a sharp increase in its revenue base and a breakout year in 2009.

China Display Technolgies (OTCBB: CDYT), the fifth largest backlight unit (BLU) developer and manufacturer in China, recently announced exceptional 3rd Quarter results. Capitalizing on the booming BLU market which encompasses the advanced backlighting units installed into cell phone display screens, camcorders, digital cameras, televisions and numerous other devices, has proven extremely profitable. Comparing 9 months ended Sep 30, 2008 to 2007, CDYT’s sales grew 33% from $20.5M to $27.7M.

Not deterred by market heartaches, WorldWide Energy & Manufacturing USA (OTCBB: WEMU) announced extremely impressive financial results for the third quarter ended September 30, 2008. The seasoned industrial manufacturing firm has channeled its 14 years of manufacturing experience into the booming $23 billion a year solar industry, and the results speak for themselves. Comparing the nine months ended September 30, 2008 to 2007, revenues grew 283% from $8.M to $31.3M while net income rose 163% from $453, 913 to $1.19M. These are serious numbers during any market, let alone today’s.

Bioheart, Inc. (Nasdaq: BHRT), a pioneer in the biotechnology field with their “myoblast” muscle stem cell therapy for heart failure patients, recently announced that the company has received a Notice of Allowance from the US Patent and Trademark Office for nine new patents.

YIYANG, Jiangxi Province, China, — Fuda Faucet Works, Inc. (OTC BB: FUFW) (“Fuda Faucet” or the “Company”), a Chinese company engaged, through variable interest entities, in the business of developing, manufacturing, marketing and distributing mid-tier European style brass faucets, spouts and fittings to the international markets, has announced its financial results for the third quarter ended September 30, 2008.