Wall Street News Alert: Aggressive Investors Alert Issued on CLTH -- October 16, 2008

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding

WESTON, FL -- (Marketwire) -- 10/16/08 -- Wall Street News Alert's "stocks to watch" this morning are: CleanTech Biofuels, Inc. (OTCBB: CLTH), ConocoPhillips (NYSE: COP), Petroleo Brasileiro SA (NYSE: PBR) and GE (NYSE: GE).

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Having announced this week that it has closed the merger of Biomass North America Licensing, Inc. into its wholly-owned subsidiary, CleanTech Biofuels, Inc. (OTCBB: CLTH) should have investors monitoring the stock closely. Yesterday after the markets closed, the company issued a press release announcing that it has fulfilled its first milestone pursuant to its exclusive worldwide sublicense agreement for technology developed at the University of California, Berkeley for converting cellulose to ethanol.

More great news! Under the License Agreement, CleanTech is required to make payments to HFTA upon meeting certain development milestones for validation and commercialization of the technology. The first milestone, which was recently met, required that CleanTech satisfactorily test the technology using equipment developed at the University of California, Berkeley and subsequently purchased by CleanTech, to generate fermentable sugars from municipal solid waste at efficiencies satisfactory to CleanTech.

The patented technology, initially developed and tested at the University of California, Berkeley, utilizes nitric acid for hydrolyzing cellulosic material, rather than sulfuric or hydrochloric acid, for the production of ethanol and other fuels from biomass in municipal solid waste. Sulfuric or hydrochloric acid is typically used in the industry for hydrolyzing biomass; however, CleanTech believes that nitric acid hydrolysis represents the cutting edge of current technology in the cellulosic ethanol industry. CleanTech also obtained a nonexclusive worldwide license to use the technology for all other feedstocks for producing ethanol.

The licensed technology is described in U.S. Patents No. 5221357, 5366558, 5536325, 5628830, and 6019900. The sublicense agreement is with HFTA, a company formed by the developers of the technology.

It was this week the company reported it has closed the merger of Biomass North America Licensing, Inc. into its wholly-owned subsidiary. CleanTech plans to move quickly to implement its newly acquired technology at a commercial waste transfer station in Chicago, Illinois to produce cellulosic biomass from municipal solid waste. In cooperation with the owner of the site, the permitting and approval process for construction of the plant is underway.

The cellulosic biomass to be produced at the facility can be used for a variety of purposes, including solid fuel for the production of electricity in existing coal-fired power plants. CleanTech has been approached by several utilities who desire to purchase the biomass from the proposed Chicago plant for use in existing power plants.

Investors are urged to continue to monitor the progress of the company!

Before the news was released, the stock closed Wednesday at Forty Nine cents a share.

For Wall Street News Alert's in-depth profile of CleanTech Biofuels, visit http://www.WallStreetNewsAlert.com/HotStocks/CLTH101508/default.aspx

In case you are not familiar with the company: CleanTech Biofuels, Inc. is a development stage company with technology that the company believes is capable of converting municipal solid waste into ethanol and other energy products. By using the existing infrastructure for municipal solid waste collection and disposal to collect biomass at low or possibly negative feedstock cost, the Company expects to achieve profitability quickly relative to other energy producers who must develop their infrastructure to collect and transport more expensive feedstocks such as sugar cane, corn or even switchgrass, wood waste, or corn stoverl.

ConocoPhillips (NYSE: COP) down 13.8% on 18.4 million shares traded. ConocoPhillips is an integrated petroleum company with interests around the world.

Petroleo Brasileiro SA (NYSE: PBR) down 23% on 44.3 million shares traded. Petrobras is a Brazil-based international energy company that performs in a profitable manner, with social and environmental responsibility. The eighth largest oil company and the eighth most respected company in the world, Petrobras operates in 27 countries.

GE (NYSE: GE) down 7.6% on 113 million shares traded. GE is Imagination at Work -- a diversified technology, media and financial services company focused on solving some of the world's toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide.

Market Commentary:

"Oil prices hit a new 13-month low as light, sweet crude for November delivery fell $2.95 to $75.68 a barrel on the New York Mercantile Exchange after earlier sliding to $74.57, the lowest trading level since Sept. 5, 2007," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF also maintains a contractual, working relationship with Stock Market Alerts LLC and its Wall Street Enews brand. WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.

This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. For current services performed for CleanTech Biofuels, Inc. (OTCBB: CLTH), WSCF has been compensated Two Hundred Thousand shares, by a third party, Five Sigma Limited, who is non-affiliated and may hold a significant position in the stock. WSCF holds One Hundred and Ninety Two Thousand of those shares as of this release, and intends to immediately continue selling its shares as this release is being circulated. WSCF was previously compensated Seventy Five Thousand Dollars for coverage of CleanTech Biofuels, Inc. (OTCBB: CLTH), by third party, Bright Star, who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

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