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Earth Biofuels Files Quarterly Report

Earth Biofuels, Inc. (EBOF.OB) announced financial results for the third quarter ending September 30: — Total revenue of $10.3 million, up from $4.8 million for the two quarters ended June 30, 2006. — Net income of $3.4 million compared to a loss of $19.3 million for the two quarters ended June 30, 2006. — aggregate loss of $15.9 million for the 9 month period ended September 30, 2006 includes $16.7 million of non-cash expenses. — Increase in working capital from negative $5.6 million on December 31, 2005 to positive $14.8 million on September 30, 2006. — Increase in total shareholder equity from negative $946,971 on December 31, 2005 to positive $70.0 million on September 30, 2006. Earth Biofuels produces and distributes biodiesel fuel through the company’s network of wholesale and retail outlets. The fuel is sold under Willie Nelson’s brand name, “BioWillie.” The Earth Biofuels also produces and markets liquefied natural gas (LNG). Website: http://www.earthbiofuels.com     

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SES Solar Announces a $3.7M Private Placement

SES Solar Inc. (SESI.OB), a Switzerland-based developer of cost-effective, high productivity solar panels and solar roof tiles, has concluded a private placement of US$3.7 million for 4,100,001 common shares of the company at USD 0.90 per share. Proceeds will be used to build its new state-of-the-art solar panel manufacturing facility in Geneva. “We are very pleased with the confidence investors are showing in SES Solar,” said Jean-Christophe Hadorn, president and CEO. “We are in advanced negotiations for obtaining the balance of the construction financing, and believe we will conclude those discussions soon.” SES Solar’s current business plan includes the development of new assembly lines based on its patented methodology which allows for low cost production of technologically advanced solar panels and solar roof tiles in Europe. Website: [sorry this link is no longer available]     

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