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Wall Street News Alert's "stocks to watch" this morning are: Arrow Resources Development, Inc. (OTCBB: ARWD), F3 Technologies, Inc. (PINKSHEETS: FTCH), Rexahn Pharmaceuticals, Inc. (AMEX: RNN) and BankUnited Financial Corporation (NASDAQ: BKUNA).

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There is additional news coming from Arrow Resources Development, Inc. (OTCBB: ARWD), and investors should be watching the stock closely. Yesterday after the markets closed, the company issued a press release announcing that it has engaged South Bay Capital, Inc. to advise the company in its efforts to raise as much as $10,000,000 for additional operating capital at a conversion price of $2.00. Arrow had recently filed its 10K annual report for year ending December 31st, 2008 with the Securities and Exchange Commission and can be view on the SEC's website.

Last week the company reported it continues to expand its operations as Arrow and its joint venture partners have agreed to commence developing 50,000 hectares of critical land in the South Sulawesi province near the city of Makassar (formerly known as Ujung Pandang) for the cultivation of large scale corn and eucalyptus farming.

This news should be welcomed by investors, as the press release state that this brings the total land under development to 129,000 hectares, or over 300,000 acres and represents an increase of over 60%. Arrow will continue to extend their commitment to sustainable agriculture and develop only deforested land; land which has been previously illegally harvested.

Investors are urged to keep a close eye on future developments. Arrow Resources Development, Inc. develops and coordinates corporate operations, finance, sales and marketing activities along with the administration of the corporate citizenship programs for natural resource development companies in the Asian market. Its initial relationship with Arrow Pacific Resources Group Limited (BVI Company) is for the development of large scale plantation and farming operations in Indonesia. Arrow has signed a similar agreement with Gerakan Masyarakat Pelestari Lingkungan Hidup (GMPLH), and GMPLH's joint venture partner, PT Tiga Duan (Indonesian company owned by Arrow Pacific) for the large scale plantation/farming and ethanol plants in Indonesia. Arrow's agreements entitle the Company to 10% of all gross revenue generated by all their partners' plantation/farming including any and all sales of natural resources and derivative products.

The stock closed yesterday at Seven cents a share.

For an in-depth profile of Arrow Resources Development, visit http://www.wallstreetnewsalert.com/view-company-profiles.php?profile=ARWD_051209.

F3 Technologies, Inc. (OTC: FTCH) up 92.98% on over 4.1 million shares traded. F3 Technologies, Inc. (F3) is an Atlanta-based Software-as-a-Service development company and application service provider created to provide on demand internet solutions to consumers and small to mid-sized companies.

Rexahn Pharmaceuticals, Inc. (AMEX: RNN) up 111.63% on 430,801 shares traded. Rexahn Pharmaceuticals is a clinical stage pharmaceutical company dedicated to commercializing first in class and market leading therapeutics for cancer, CNS disorders, sexual dysfunction and other unmet medical needs.

BankUnited Financial Corporation (NASDAQ: BKUNA) up 122.22% on over 15.9 million shares traded. BankUnited Financial Corp. is the holding company for BankUnited FSB, the largest banking institution headquartered in Florida.

Market Commentary:

Prices at the pump rose 2.2 cents to $2.248 a gallon overnight, according to motor club AAA, Wright Express and Oil Price Information Service. While the cost for a gallon has risen less than a quarter in the past month, most of that increase, 16.9 cents, has occurred in just the last week.

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