redhotpennystock.com: PAVC, NVD, SPNG, PINR, IDT, ALIN "Redhotpennystock.com alert"

Dec 22, 2008 (M2 PRESSWIRE via COMTEX) -- SPNG | Quote | Chart | News | PowerRating -- -- Bull in Advantage, LLC a.k.a. Redhotpennystock.com names: Paivis, Corp. (PINKSHEETS: PAVC), NovaDel Pharma Inc. (AMEX: NVD), SpongeTech (OTCBB: SPNG), Pine Ridge Holdings, Inc. (PINKSHEETS: PINR), IDT Corporation (NYSE: IDT; IDT.C) and All Line, Inc. (Pink Sheets: ALIN | Quote | Chart | News | PowerRating) its "Bullinadvantage.com Alert."

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Paivis, Corp. (PINKSHEETS: PAVC - http://finance.yahoo.com/q?s=PAVC.pk)

December 22nd, 2008-- Paivis, Corp. (PINKSHEETS: PAVC | Quote | Chart | News | PowerRating) ("PAIVIS" or the "Company") today announces that as part of its plan to improve every aspect of the Company's performance, the Company will conduct an examination of its stock data to determine if there are any irregularities in its share structure positions.

Paivis has in the past been the victim of short selling and the Company wishes to be proactive to avoid falling victim again now or in the future. The Company will obtain and review, at its earliest convenience, any and all information available to it over the next several weeks and on an ongoing basis into the foreseeable future.

If the Company finds any abnormalities in its share structure it will take action immediately to ensure the Company's goals and plans are not derailed and to ultimately benefit its shareholders.

About Paivis, Corp.

Paivis, Corp. is a wholesale telecommunications carrier that sells prepaid "point-of-sale activated" and live cards. Paivis generates its revenues through the sale of prepaid calling cards and wireless services, and international wholesale termination. Products are sold throughout many of the country's major retail outlets.

NovaDel Pharma Inc. (AMEX: NVD - http://finance.yahoo.com/q?s=NVD)

December 22nd, 2008-- NovaDel Pharma Inc. (AMEX: NVD | Quote | Chart | News | PowerRating) today announced that Zolpimist (zolpidem tartrate) 5 mg and 10 mg Oral Spray has been approved by the U.S. Food and Drug Administration (FDA) for the short-term treatment of insomnia characterized by difficulties with sleep initiation. Zolpimist is NovaDel's second product approved by the FDA that uses NovaDel's proprietary NovaMist oral spray technology. Zolpimist contains zolpidem tartrate, the same active ingredient as Ambien(R), the world's leading sedative hypnotic for the treatment of insomnia.

"We believe the FDA's approval of Zolpimist provides patients with an important treatment option for insomnia, as Zolpimist provides rapid absorption from the oral mucosa," commented Steven B. Ratoff, Chairman of the Board and Interim CEO of NovaDel. "This achievement is another major milestone for NovaDel as it further validates our ability to develop innovative drugs based on the NovaMist technology. We are actively seeking a partner to commercialize this innovative product and believe that this approval should enhance those efforts."

NovaDel submitted its Zolpimist application using the FDA's 505(b)(2) process based on data from two randomized, open-label, dose-ranging studies comparing Zolpimist with Ambien tablets in young and elderly healthy volunteers. Both studies compared the pharmacokinetics and safety of comparable doses of zolpidem administered as an oral spray versus tablets. The pharmacokinetic profiles were assessed by the maximum drug concentration (Cmax) and total exposure to drug (area-under-the-curve/AUC0-inf). The speed of drug absorption and level of sedation were also assessed in these studies. The results demonstrated bioequivalence between Zolpimist and Ambien. Also included in the submission were data from process validation and registration stability batches produced at the intended commercial manufacturing facility.

Important Safety Information

Zolpimist is indicated for the short-term treatment of insomnia characterized by difficulties with sleep initiation. Due to its rapid onset of action, patients should take Zolpimist immediately before bedtime and be prepared to get a full night's sleep (7-8 hours). Patients should use extreme care in or avoid engaging in activities requiring full alertness such as driving or operating hazardous machinery the morning after taking any sleep medication. Do not take any sleep medicine with alcohol. Complex behaviors such as somnambulism (sleepwalking), including driving or eating while not fully awake, with amnesia for the event, as well as cases of severe allergic reactions have been reported in patients who have taken a sedative hypnotic. Patients reporting such events should contact their physician immediately, discontinue use and not be rechallenged. Prolonged usage of a sedative hypnotic should be avoided without first consulting a physician. Patients experiencing unusual changes in thinking or behavior, or if sleep problems persist, should see their physician as these may be indicative of another medical condition. Sedative hypnotics are non-narcotic, however they do have some risk of dependency. The most commonly observed side effects in controlled clinical trials were headache, somnolence and dizziness. For full prescribing information, including the FDA medication guide and patient instructions for use, please visit www.novadel.com.

Ambien is a registered trademark of sanofi-aventis. Zolpimist is a pending trademark of NovaDel Pharma Inc. NovaMist is a pending trademark of NovaDel Pharma Inc.

ABOUT INSOMNIA

Insomnia is a sleep disorder whose sufferers experience inadequate or poor quality sleep and report one or more of the following: difficulty initiating sleep, difficulty maintaining sleep, and waking up too early. According to the "2005 Sleep in America Poll," 54% of those surveyed indicated they experience at least one symptom of insomnia a few nights per week. Only approximately 14% of the respondents reported using any sort of sleep-aid therapy. Walsh and Engelhardt (1999) estimated $14 billion is spent each year on the direct costs of insomnia, including pharmaceuticals, healthcare services and hospital and nursing home care. Cowen & Company estimated the total non-benzodiazepine prescription market in the U.S. for the treatment of insomnia in 2006 was approximately $3.4 billion, growing to $3.8 billion by 2011. Ambien/Ambien CR(TM) (zolpidem tartrate) and generic zolpidem tartrate are the dominant prescription drugs totaling more than 70% of the market in 2006. The patent on Ambien has expired and generic products were introduced.

ABOUT NOVADEL PHARMA

NovaDel Pharma Inc. is a specialty pharmaceutical company developing oral spray formulations for a broad range of marketed drugs. The Company's proprietary technology offers, in comparison to conventional oral dosage forms, the potential for faster absorption of drugs into the bloodstream leading to quicker onset of therapeutic effects and possibly reduced first pass liver metabolism, which may result in lower doses. Oral sprays eliminate the requirement for water or the need to swallow, potentially improving patient convenience and adherence.

NovaDel's oral spray technology is focused on addressing unmet medical needs for a broad array of existing and future pharmaceutical products. The Company's most advanced oral spray candidates target angina, nausea, insomnia, migraine headaches and disorders of the central nervous system. NovaDel plans to develop these and other products independently and through collaborative arrangements with pharmaceutical and biotechnology companies. To find out more about NovaDel Pharma Inc. (AMEX: NVD), visit our website at www.novadel.com.

SpongeTech(R) (OTCBB: SPNG - http://finance.yahoo.com/q?s=SPNG.ob)

December 18th, 2008-- SpongeTech(R) Delivery Systems, Inc. America's Cleaning Company(TM), (OTC Bulletin Board: SPNG), is pleased to announce that, for the week ending December 10, 2008, its product reached No. 19 on the Jordan Whitney Top 60 Direct Response Spots for the same week. This report ranks the top sixty direct response spots which sell traditional Direct Response Television ("DRTV") products directly or indirectly (excluding music offers) based upon confidential media budgets and Jordan Whitney's monitoring of national cable and selected broadcast markets. Jordan Whitney, an independent clearinghouse, is one of the industry's oldest monitoring services that provide up-to-date information on DRTV, which include infomercials, short-form DRTV commercials, the websites for these products, and the companies involved in their production and distribution. Jordan Whitney also monitors media budgets for companies that utilize cable and broadcast direct response marketing television.

SpongeTech(R) also reached the No. 12 spot on the Jordan Whitney Top 20 Short-Form Retail Products Report, which ranks the top 20 traditional short-form products using DRTV commercials that are two minutes or less in length.

SpongeTech(R)'s COO Steven Moskowitz stated, "These high rankings confirm that our efforts via TV, radio, and web are effectively finding our target consumers, and we will continue to be aggressive in our development of new commercials and spots to introduce our cutting-edge delivery system products throughout America and internationally in 2009."

For more information please contact Investor Relations at 1-877-SPONGE T and ask for Bill Young or visit the company website at: www.spongetech.com.

About SpongeTech(R) Delivery Systems, Inc.

SpongeTech(R) Delivery Systems is a company which designs, produces, and markets a unique line of reusable cleaning products for household use. These sponge-based products utilize SpongeTech(R)'s Proprietary, patent (and patent- pending) technologies involving hydrophilic (liquid absorbing) foam and polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, the latter of which comes pre-loaded with specially formulated soaps and wax that are released when the sponge is wetted and applied to a surface with minimal pressure. The Company's current product line is designed for Car Care and Pet Care, however, SpongeTech(R) is currently exploring additional applications for its technology including an anti-bacterial, kitchen and bath cleaner, as well as a unique 'foaming' bath sponge for children.

Pine Ridge Holdings, Inc. (PINKSHEETS: PINR - http://finance.yahoo.com/q?s=PINR.pk)

December 19th, 2008-- Pine Ridge Holdings, Inc. (PINKSHEETS: PINR | Quote | Chart | News | PowerRating) CEO Kevin May, made announcements related to ServeNation, LLC and other Pine Ridge Holdings companies.

ServeNation was started on May 15, 2008 with the concept of helping non-profit organizations raise funds with safe and simple on-line tools. Starting with no more than an idea, it was felt that 24/7 on-line fundraising would be a business that would grow quickly, either to keep long-term or to sell.

Soon after incorporation, a valuation was done on the company by a local merger and acquisition firm and it was discovered that a value of 3.5 times gross revenue was applicable. This led to the strategy of building the number of stores quickly and driving up sales so a determination of the future could be made.

In less than seven months, ServeNation has built an impressive list of customers, including Red Cross Branches, Habitat for Humanity offices, radio stations, YMCAs, food banks and schools to name a few. Currently there are 192 active ServeNation fundraising sites.

Revenues for December, as of the writing of this press release, have topped $100,000. It should be noted that these revenues solely reflect ServeNation and not our other holdings. Management feels this is a significant achievement for a 7-month-old company, however we have already begun moving towards greater business. Over the past month ServeNation launched a campaign towards elementary and high schools that are already familiar with gift card programs. The on-line stores are the perfect free add-on to current school programs and in just two weeks, ServeNation has signed up more than 20 schools with anticipated annual revenues of more than $1 million.

Management intends to update our shareholders by years end regarding revenues from our other companies within the Pine Ridge portfolio.

Shareholders are encouraged to visit http://www.pineridgeholdings.com for informational updates.

IDT Corporation (NYSE: IDT - http://finance.yahoo.com/q?s=IDT)

December 22nd, 2008-- IDT Corporation (NYSE: IDT; IDT.C), a diversified telecommunications, energy and consumer services company, said today that the New York Stock Exchange (NYSE) will continue to conditionally list IDT's Common Stock and Class B Common Stock while the Company works to regain compliance with NYSE listing criteria within the Exchange's prescribed timeframe. As part of its effort to attain the NYSE's minimum share price requirement, IDT will execute a one-for-three reverse stock split for each class of its outstanding shares early next year. In addition, IDT's Board of Directors has expanded its authorization for stock repurchases to twenty-five million shares of the Company's Common Stock and Class B Common Stock.

In a letter dated December 19, 2008, the NYSE informed IDT that it had accepted IDT's business plan submission to regain compliance with the NYSE's listing criteria. The continued listing is subject to quarterly reviews of IDT's progress toward satisfying the interim goals and milestones outlined in IDT's NYSE submission. Failure of IDT to meet these interim objectives would result in IDT being subject to NYSE trading suspension. Subject to the outcome of these reviews, the Company has until April 2009 to meet the NYSE's minimum share price requirements and has until March 2010 to meet the NYSE's average global market capitalization requirement.

"Our stockholders realize significant benefits from our listing on the New York Stock Exchange," said Howard Jonas, IDT's Chairman, "and we are working hard to retain it. As we continue to execute on our business plan, we expect that the market will better reflect IDT's underlying value."

IDT's Board of Directors approved a one-for-three reverse stock split of all classes of IDT common stock on December 17, 2008. The reverse split will apply to all IDT stockholders of record at the close of business on January 20, 2009.

IDT's Board of Directors also expanded its stock repurchase authorization to cover up to an aggregate of twenty-five million shares of IDT Class B Common Stock and Common Stock. IDT has repurchased 15 million shares since June 2006 under the previous stock repurchase program, including 7.3 million shares during the first and second quarters of the current (2009) fiscal year.

"We will continue to repurchase stock at a pace consistent with our businesses' working capital requirements and available resources," said IDT CEO Jim Courter.

About IDT Corporation:

IDT Corporation (www.idt.net) is a consumer-focused multinational holding company.

All Line, Inc. (Pink Sheets: ALIN - http://finance.yahoo.com/q?s=ALIN.pk)

December 22nd, 2008-- All Line, Inc. (Pink Sheets: ALIN), a company engaged in telecommunications, multimedia, IT development and environmentally friendly energy and resources, today updates shareholders and the investment community on the Company's new multimedia initiative that targets select Asian markets with $550 million in business opportunities.

The Company has recently signed definitive agreements to acquire a ten percent ownership in Vietnamese Media Group, Inc., twenty percent in Vietnam Home Shopping Network, Inc., and ten percent in Chinese Media Group Corporation. The combined enterprise value of these select Asian multimedia companies is estimated to be in excess of $550 million in the next three to five years. The Company also has an option to take a controlling interest in all of these companies in the future on terms and conditions mutually acceptable to the parties involved.

According to these definitive agreements, All Line will pay for these acquisitions with a combination of cash and restricted stock in the Company.

These acquisitions are part of All Line's new initiative to own interests in select Asian multimedia businesses that have potential for sustainable growth with a goal to eventually consolidate highly successful ones under a new All Line Asian multimedia division in the future.

Won Jai Chang, President of All Line, reiterated: "We are very excited about the new relationships with these select Asian multimedia enterprises and believe these acquisitions will help leapfrog All Line's participation in these high-growth market segments which will increase the market value of our company in the near future."

About All Line

All Line, Inc. (Pink Sheets: ALIN | Quote | Chart | News | PowerRating) is a Nevada corporation engaged in telecommunication, multimedia, IT development, and environmentally friendly energy and resources. The Company has established strong business ties in these areas with Korea and other Asian countries. For more information, visit the Company's web site www.allline.com.

About Chinese Media Group

Chinese Media Group Corporation (CMGC) was established by a group of seasoned media veterans and is a majority owned subsidiary of East Media Holdings Inc. (EMHI) (www.emhi.net). CMGC aims to own and operate Chinese multimedia, including print, online, on air and convergence, across the Americas and Asia-Pacific. Web site: www.cmgc.tv.

About Vietnam Media Group

Vietnam Media Group, originally formed in February 2004 to engage in telecommunication services and VOIP, is established by a group of seasoned technology, media and telecom professionals to lead Vietnamese media opportunities outside Vietnam, encompassing various forms of media, from on air, to online to in print.

VMG will start off in North America, then phase into opportunities in Europe, Asia and Australia. Web site: www.vmgc.tv.

About Vietnam Home Shopping Network

Vietnam Home Shopping Network, a majority-owned subsidiary of East Media Holdings, Inc., will be launching the first integrated home shopping network in Vietnam, on platforms of cable/DTH/web, supported with www.vhsn.tv e-commerce operations and VHSN magazine to be distributed to pay TV households, currently at 1.5 million. The web TV enables overseas Vietnamese to view and purchase for delivery anywhere, including their loved ones in Vietnam. Web site: www.vhsn.tv.

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