UVSE Universal Energy Corp (CE)

eLocity's stocks to watch for today are -- Uranium Hunter Corporation (OTCBB: URHN), Universal Energy Corp. (OTCBB: UVSE), GoldSpring, Inc. (OTCBB: GSPG), SpongeTech� Delivery Systems, Inc. (OTCBB: SPNG):

Investors, have a look at Uranium Hunter Corporation (OTCBB: URHN), a natural resource corporation devoted to the exploration and development of deposits of Uranium and Gold in East Africa. The Company announced on Friday that its Ruhuhu trenching results have yielded 2475 cps at target RL4T2. The reading was taken as part of the ongoing advanced field program at Ruhuhu, marking the highest readings found to date.

After previous results yielding 1253 cps at Ruhuhu target 4 over a 145m trend, Uranium Hunter Corporation said it now has further results that confirm potential mineralization. The Company said it looks forward to further results at Ruhuhu and will update shareholders as the results of the field program become available.

President of Uranium Hunter, Ghaith Qamheiah, commented, "With the current volatility in the financial markets, we are very pleased to be making solid progress on our East African Uranium Projects. The demand for uranium is tremendously high, and we continue to work towards delivering solid results to our shareholders."

Shares of Uranium Hunter Corporation (OTCBB: URHN) closed on Friday at $0.15.

Other stocks to watch:

Universal Energy Corp. (OTCBB: UVSE), an energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States, announced last week that a world renowned processing and development services provider had been selected to reprocess the proprietary seismic data at the Company's Lone Oak prospect. The processing techniques will take four to six weeks to complete and will provide the necessary data to further develop the Lone Oak prospect, the Company said.

UVSE closed on Friday at $0.0017.

GoldSpring, Inc. (OTCBB: GSPG), a North American precious metals mining company, announced on Thursday that it will be hosting its first Investor Day at its Comstock property on October 11, 2008 from 10 am to 4 pm pacific time. The Company said the Day will consist of a comprehensive tour of its Comstock property, including the Hartford Complex, an overview of its mineral holdings and the property's geologic setting and a discussion of the Company's Preliminary Resource Report.

GSPG closed on Friday at $0.0285.

SpongeTech� Delivery Systems, Inc. (OTCBB: SPNG), a development stage company that designs, produces and markets a unique line of reusable cleaning products for household use, announced on Thursday that it had started an aggressive marketing campaign the previous weekend utilizing the combined values of Howard Stern, Chris Russo, and NASCAR Radio on SIRIUS Satellite Radio, which coupled with its aggressive TV advertising, had resulted in five consecutive days of gross internet sales over $1,000,000.

SPNG closed on Friday at $0.0275.

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