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Posted by Read the 2nd half. Another scam! on July 01, 2004 at 08:02:32:

Aggressive investors and traders should be watching CorpHQ, Inc. (Pink Sheets:COHQ) this morning! Yesterday after the markets closed, the company issued a press release to further Tuesday's announcement regarding the appointment of Carlton McGee, Sr. as Chief Financial Officer.

This could be good news for investors! According to the press release, the company announced its planned expansion to the Manhattan/Jersey City area of the Eastern United States.

Mr. McGee most recently served as the Business Administrator for the City of Jersey City, New Jersey, where he managed an annual operating budget exceeding $375 million and assisted the Mayor in direct supervision of all divisions of city government.

Mr. McGee operates a government affairs consulting practice in Jersey City, which will be integrated into CorpHQ's East Coast operation. CorpHQ's first portfolio company, My Personal Salon, also operates from offices in New York City. According to a company spokesman, both operations will be housed in the new facility.

Keep your eyes on this company! "We are now actively reviewing properties in both Manhattan and Jersey City, and hope to find a suitable location for our East Coast operations within the next 30 days," said Carlton McGee, CorpHQ CFO. "We plan to use the same format used at our Redondo Beach, Ca office. Our management personnel will work with portfolio companies on a day to day basis and we will be very 'hands-on.' My initial goal is to accelerate the development and growth of My Personal Salon and I am really looking forward to working with their team."

The stock closed yesterday at eight cents a share.

In case you are not familiar with the company: Since the inception of its predecessor company in 1993, CorpHQ, Inc. has evolved from an innovative online marketplace and virtual corporation for small and home-based businesses into a business consulting organization and holding company comprised of established and emerging companies. The CorpHQ companies address vertical market segments in the Consumer Products, Services and Technology industries. For additional information please visit the Company's website at http://www.corphq.com.

My Personal Salon is the brainchild of advertising guru George Lois and beauty industry veteran Jim Morrison -- the combination of state-of-the-art beauty, apparel and lifestyle product development with profoundly innovative marketing. By merging compelling marketing concepts with cutting-edge products, MPS is creating brands that can outsell nationally advertised names.

Stocks showing interesting activity yesterday at the close of the regular trading day were: OraSure Technologies Inc (NASDAQ:OSUR) up 22.4% on 15.5 million shares traded, Avanex Corporation (NASDAQ:AVNX) up 24% on 6 million shares traded and CIENA Corporation (NASDAQ:CIEN) up 13.1% on 46.8 million shares traded.

Commentary:

"According to research by the Investment Company Institute, U.S. mutual funds at the end of 2003 held 22 percent of all retirement monies in the U.S. This group says that strong stock market returns and new investments lifted mutual fund retirement assets by 28 percent a record $2.7 trillion. Total U.S. retirement assets, which included IRA's, annuities, and employer pension plans reached $12.1 trillion at the end of 2003, up 19 percent from the $10.2 trillion in 2002," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. The Wall Street News Alert home page has experienced over 18 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com and select the "join now" button.

Wall Street News Alert is not affiliated with faxes bearing the names Wall Street Stock Alert or Wall Street News Alert!

Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). 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. (WSCF has been compensated Forty-One Thousand Dollars for coverage of CorpHQ, Inc. (PINK SHEETS:COHQ), by third parties (Alex Consulting Inc/Audra Inc), who are 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 shares for extension of its services. Any shares will be disclosed at such time that WSCF is aware of a clients 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. Market commentary provided by Sonja Rudd.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.

SOURCE: Wall Street Capital Funding LLC

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