redhotpennystock.com: HYII, PRMO, TNOG, ABK, CCMJ "Bullinadvantage.com Alert"

Wed. July 09, 2008; Posted: 10:15 AM

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Hybred International, Inc. (The Company), (PINK SHEETS: HYII - http://finance.yahoo.com/q?s=HYII.pk)

July 9th, 2008-- Hybred International, Inc. (The Company), (PINK SHEETS: HYII | Quote | Chart | News | PowerRating) is pleased to announce today that we have become current in our financial reporting status with PINKSHEETS. Our current status has been upgraded to Pinksheets Current Information Issuer. There are currently 100,115,519 shares issued and outstanding with a public float of 19,515,519 shares. "It is the company's goal to stay current in our quarterly reports and to file an audited 10k for 2008, as well as an updated form 211 in order for the Company to be listed on the Bulletin Board Exchange(BBX)," says Gary Kouletas, the Company's President and CEO. "We are also very excited about the leap our Company has made in the current weeks to transform from its Research & Development phase into a Company that is geared for Manufacturing and Sales." Gary Kouletas goes on to say, "We anticipate generating sales in the coming quarter and being profitable by year end."

Prom Resources, Inc. (PINKSHEETS: PRMO - http://finance.yahoo.com/q?s=PRMO.pk)

July 8th, 2008-- Prom Resources, Inc. (PINKSHEETS: PRMO | Quote | Chart | News | PowerRating) ("the Company") announces its first gold sale. The first shipment of 50kg was smelted and sold for the amount of USD $1,250,000. "This past year was tainted with a number of delays and setbacks for which the Company and its shareholders had to bear the brunt. So, I am very pleased that we could turn things around just before the end of the fiscal year and end it on a positive note. Since the main obstacles were overcome, this new fiscal year is expected to be rosier. We anticipate strong sales and business developments," said, President of the Company, Dror Moradov.

Titan Oil and Gas Inc. (Pink Sheets: TNOG - http://finance.yahoo.com/q?s=TNOG.pk)

July 9th, 2008-- Titan Oil and Gas Inc. (Pink Sheets:TNOG) has made the first of its planned acquisitions with the Crows Run Project (CRP) in Western Pennsylvania. CRP represents a significant turning point for the company as it can now claim 27 wells in production as it moves to maintain and rework all 61 wells included in the deal.

Oil production for the previous three years is as follows; 2005 - 846 bbl 2006 - 1,172 bbl 2007 - 654 bbl The total three-year production was 2,672 bbl, or an average yearly production of 890 bbl. Additionally, the connection of an approximate 300 foot pipeline to Columbia Gas of Pennsylvania will produce over 2,000 MMBTU per month, in its current form, based on 2003 production levels. Included in the acquisition is $55,000 worth ($500,000 initial value) of equipment, a CD used to secure the blanket bond valued at $28,000, a contract to sell oil to Ergon (http://www.ergon.com/main.html) and a Pennsylvania EPA license for the project. The full technical report is available on the website at: http://www.TitanOilandGas.com/docs/Crows-Run-Report.pdf The well sites are located in areas of proven production in Western Pennsylvania. CRP's original estimated reserves were calculated in excess of 13 million bbls in the eighties (see technical report), with very little production to reduce this figure in the interim. The best well produces 5 bbls of oil per day while others produce around 1-2 bbls of oil per week. Since being drilled in the '80s, the wells have had little in the way of maintenance (average rework cost is $5,000-7,000 per well). These production numbers will dramatically improve by simply removing paraffin build up and updating pumpjacks. Other improvements will be made with the application of modern stimulation and enhancement techniques that compound production increases. Titan estimates that with simple maintenance, wells producing 1-2 bbls a week would move to that same figure per day as well as bringing online many that have been choked into nonproduction. Titan management looks at this as a first step in its acquisition plan that will include the use of a special preferred share class, which will be presented and described in the business plan as well as at the annual general meeting to gain stockholder approval in the coming months. According to Titan Oil and Gas President Brandon Toth, "What we have with Crows Run is a project that can bring us current production but promises something much more enduring. This is really a low risk endeavor with current producing wells that have never been fully exploited. There are significant reserves of oil that can be accessed with simple maintenance. We will also be working with a technology partner that can enhance these wells for much lower prices than were paid just five years ago using a directional water jet that breaks right through surrounding formations. This technology lessens the impact on the environment." ABOUT TITAN OIL AND GAS, INC. Titan is an energy company with interests in oil and gas development, drilling and production. Titan follows a conservative business model, focusing on redevelopment of oil and gas fields with a history of production and also exploration and development of new properties. For further information about Titan Oil and Gas, please visit our website at http://www.TitanOilandGas.com or blog at http://www.TitanOilandGas.com/wordpress.

Ambac Financial Group, Inc. (NYSE: ABK - http://finance.yahoo.com/q?s=ABK)

July 7th, 2008-- Ambac Financial Group, Inc. (NYSE: ABK | Quote | Chart | News | PowerRating) (Ambac) today announced that in response to persistent and unfounded speculation regarding Ambac's liquidity situation, it has released information about collateral requirements and terminations of its investment agreement business related to recent actions by the rating agencies. "Despite the challenging current environment, it is important for us to continually communicate that we have ample liquidity to manage our commitments going forward," said Chairman and Chief Executive Officer, Michael Callen, "Our company-wide resources available are a multiple of any conceivable collateral or termination requirement in our financial services businesses." Rating agency actions affecting Ambac Assurance Corporation (AAC) during June resulted in $506 million of increased collateral posting requirements in the investment agreement business and investment agreement terminations of $270 million: -- The downgrade of AAC by Standard & Poor's to AA on June 5, 2008, resulted in an incremental collateral posting requirement of approximately $76 million. -- Moody's downgrade of AAC to Aa3 on June 19, 2008, resulted in an incremental collateral posting requirement of approximately $70 million and investment agreement terminations of approximately $270 million. -- The action by Fitch to withdraw the ratings of AAC on June 26, 2008, resulted in an incremental collateral posting requirement of approximately $360 million. The current collateral and termination obligations have been adequately covered by the investment agreement asset portfolio. Aggregate collateral requirements and terminations for the investment agreement business at various AAC rating levels, starting with the lower of AAC's two current ratings (currently Moody's at Aa3), are as follows:

($ in billions) Current Aa3 A+/A1 A/A2 A-/A3 ------------------------------------------========-=====-======-====== Cumulative collateral requirement $2.7 $4.6 $6.0 $5.8 ---------------------------------------------------------------------- Cumulative terminations $0.3 $0.6 $0.6 $0.9 ------------------------------------------========-=====-======-====== Total cumulative collateral and terminations $3.0 $5.2 $6.6 $6.7 ---------------------------------------------------------------------- Market value of investment agreement asset portfolio at 5/31/08 $5.6 $5.6 $5.6 $5.6 ------------------------------------------========-=====-======-====== Market value of investments in excess of / (deficient to) cumulative collateral requirement and terminations $2.6 $0.4 ($1.0) ($1.1) ------------------------------------------========-=====-======-======

The book value of investment agreement liabilities at May 31, 2008, amounted to $6.9 billion (down from $7.7 billion at December 31, 2007). The market value of the investment agreement asset portfolio, including cash of approximately $400 million, as of May 31, 2008, is approximately $5.6 billion. In addition, the market value of interest rate derivative contracts held by the investment agreement business is positive $160 million. Based on May 31, 2008 investment agreement asset portfolio market values: -- Upon a downgrade of AAC to A+ or A1, which Ambac believes is unlikely, Ambac estimates that the investment agreement asset portfolio has sufficient value to meet projected cumulative collateral requirements and terminations. -- Upon a downgrade to A or A2, which Ambac believes is unlikely, Ambac estimates that the investment agreement asset portfolio is insufficient to cover the projected cumulative collateral requirement and terminations by approximately $1.0 billion. -- Upon a downgrade to A- or A3, which Ambac believes is unlikely, Ambac estimates that the investment agreement asset portfolio is insufficient to cover the projected cumulative collateral requirement and terminations by approximately $1.1 billion. In the event of cash and/or security shortfalls in the investment agreement business, management anticipates utilizing the resources of AAC (through inter-company transactions). Utilizing the resources of AAC would allow time for the assets in the investment agreement asset portfolio to recover in value and would preempt claims on insurance policies issued by AAC and prevent the realization of losses in the investment agreement asset portfolio. Ambac is in discussions with the Office of the Commissioner of Insurance of the State of Wisconsin (OCI) with respect to its strategies for managing the collateral posting and termination obligations of the investment agreement business. These discussions have been positive. Ambac believes that it will obtain OCI's approval of its plans to address the collateral posting and termination obligations of the investment agreement business in the event of downgrades to the A/A2 rating level. AAC's investment portfolio is valued at approximately $12 billion with over $1 billion in cash and short-term securities at May 31, 2008. At the A/A2 rating level, Ambac management would evaluate its various resources and utilize those considered most appropriate to satisfy the contractual obligations of the investment agreement business. Management continues to closely monitor the cash requirements of the investment agreement portfolio and manages the related cash and securities portfolio accordingly. The Company expects to report its second quarter 2008 earnings on August 6, 2008, and will provide a comprehensive update on its financial services businesses.

CruiseCam International, Inc. (PINKSHEETS: CCMJ - http://finance.yahoo.com/q?s=CCMJ.pk)

July 9th, 2008-- CruiseCam International, Inc. (PINKSHEETS: CCMJ | Quote | Chart | News | PowerRating) is pleased to announce that it has been awarded a critical and extremely valuable supply contract from Rentar Logic, Inc. Rentar Logic, Inc. is the only company in the world that combines the Rentar Fuel Catalyst (http://www.rentar.com), a pre-combustion fuel technology with 26 domestic and international patents, and proprietary software to reduce fuel consumption and harmful emissions. Frank Reilly, President of Rentar Logic, Inc., stated that "We are very impressed with the CruiseCam technology and will utilize their technologies to enhance our verification systems to provide another vital element in the certification procedure which will supply more comprehensive and valuable data for our customers." CruiseCam will manufacture and supply digital video components for Rentar Logic. CruiseCam's technology will add to Rentar Logic's current apparatus configuration by creating additional circuitry that will permit live streaming video to be delivered to fleet headquarters or any other location of their choice. "This is a part of CruiseCam's corporate initiatives program that has been in development for some time and is now finally coming to fruition. This strategic alliance will further the goals of the company by creating a large product supply channel that will allow the company to realize a dynamic new revenue stream while advancing current core product objectives," stated Scott Watkins, CEO of CruiseCam International, Inc. "The size of this contract is significant and given that conservative sales goals are reached, CruiseCam will realize revenue in excess of $10-15,000,000 in the next 24 months. Equally important is the opportunity to be part of what appears to be one of the most significant increased fuel mileage programs available today. Rentar Logic is clearly in a position to reduce fuel consumption in small to large trucking fleets," stated Mr. Watkins. The structure for CCMJ is 500 million authorized shares, 379 million issued and outstanding shares, with 229 Million restricted shares leaving a tradable float of approximately 150 million shares. CruiseCam has authorized its transfer agent -- Island Stock Transfer -- to confirm these figures for all those who inquire. Mr. Watkins also commented that "CCMJ has not, is not and will not participate in any form of toxic financing. Based on current contracts and additional potential revenue streams to the company, CCMJ is committed to maintaining this share structure with a view to increasing shareholder value and share price. Based on the exciting and continuing developments and relations the company is engaged in, CCMJ believes it is important to inform our shareholders of these developments via press releases on a weekly basis. About CruiseCam International CruiseCam International, Inc. (PINKSHEETS: CCMJ), through its two operating subsidiaries, develops and markets integrated, "in-car" camera mount and recording systems for law enforcement, consumer, commercial and transportation applications, as well as for competition racing cars. The Company's patented technology and industry-first "Cruisecam" offering have been developed since 1996, and are distributed nationwide. For more information, visit: http://www.cruisecam.com/. About Rentar Environmental Solutions Rentar Environmental Solutions, the world leader in pre-combustion fuel technology, holds 26 domestic and international patents on the Rentar Fuel Catalyst. The Rentar Fuel Catalyst has been extensively tested by numerous third party laboratories recognized by EPA, CARB (California Air Resources Board), foreign governments and prominent corporate entities. At present there are 10,000 Rentar Fuel Catalyst units deployed. When coupled with the Rentar Logic proprietary software application it provides an unparalleled fuel management tool. Rentar Logic is the only company that combines a proven fuel catalyst and proprietary verification software into one bundled product.

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For full details on Ambac Financial Group (ABK) click here. Ambac Financial Group (ABK) has Short Term PowerRatings of 6. Details on Ambac Financial Group (ABK) Short Term PowerRatings is available at This Link.

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