A bi-weekly Internet and Hard Copy publication featuring:
breaking news and corporate changes with CEO, CFO and Analyst interviews

Walter Banks, Publisher, Christy Rivers, Editor-In-Chief, Charlie Diaz, Associate Publisher & Marketing Director, Lynn Fosse, Senior Editor, Margaret M. Arraiz, Editor, Mike Ponikiewicz, Director of Production and website Publishing.

Subscriber Index

To view Interviews: highlight & left click on the company name!
CEOCFO Analysis Newsletter
Featuring detailed company profiles and insightful comments from:
Top Executives and Analysts!

May 25, 2007
Financial, Consumer Goods, Healthcare & Exploration

Financial
Regional Banks
First State Bancorporation (FSNM-NASDAQ)
“We believe that we have a unique franchise that operates in four states that have great growth trends and generally very solid economic conditions. We have proven that our business model is simple, yet very effective. We think we can continue to grow profitably and provide the kind of long term return that our shareholders expect. The growth potential for us now is not going to come just from New Mexico as it did in the past, but from the markets in Colorado, Utah and Arizona, which are huge. We have a very small market share in each one of those and we think for the long-term investor who expects returns in the high teens on a year in and year out basis, we have proven we can do that. We are confident that we can continue to do that in the future.” - H. Patrick Dee

Financial
Regional Banks
Analyst Interview Covering:
First State Bancorporation (FSNM-NASDAQ)
Peyton N. Green, Senior Analyst, Financial Institutions Group
FTN Midwest Securities Corp.
“The CEO, Michael R. Stanford, along with COO, H. Patrick Dee, have been with the company since the early days. What is most impressive is that they took a community bank with a strong position in Taos, which is not a growth market, and have created the largest local bank in Albuquerque, after starting basically from scratch. Back in 1994 when they moved into Albuquerque, they had maybe 1% market share, which has blossomed into 14%, positioning First State as the third largest bank in the MSA and the largest local bank. Over 80% of the growth was organic. They went from a position of not even being known to one of being very visible in New Mexico over the last 14 years. At the time, no one gave them much of a chance. Certainly in much of the 1990’s, there was a ton of M&A activity in New Mexico and First State benefited from being stable and in a growth mode.”

“We feel 10% balance sheet growth will look pretty good over the next couple of years, maybe even 3 years. We believe that First State will do better than that given its concentration in the inter-mountain West. Separately, management’s focus on improving bottom-line profitability, should enable earnings per share (“EPS”) to grow 15 to 20% over the next couple of years; coupled with the pullback in the valuation over the past six months, the opportunity for above average top-line and bottom-line revenue and EPS growth makes the shares particularly interesting in our opinion. Again, we believe top line balance sheet growth should be 10%-plus and bottom line growth should approach 15 to 20%.” - Peyton N. Green, Senior Analyst, Financial Institutions Group, FTN Midwest Securities Corp.

Consumer Goods
Rubber & Plastics
AEP Industries Inc. (AEPI-NASDAQ)
“There are probably north of 300 extruders of flexible packaging in the United States and we are one of them. Many of those 300 are small operators, with an average capacity of less than 25 million pounds a year. We are one of the bigger ones, our production volume last year was in the area of 800 million pounds. The benefit of our size is that is that we can supply national accounts with an array of products with consistent properties across the country.” - Paul M. Feeney

Financial
Regional – Pacific Banks
1^st Enterprise Bank (FENB.OB-OTC: BB)
“We have a very unique blend of talent and experience here. We opened the bank in July of 2006, with a staff of twenty. Eighteen of us had all worked together for various lengths of time, up to as long as seventeen years. We not only have all spent our entire banking careers handling this market niche, but we have spent most of our careers doing it as a cohesive team at a highly successful previously independent bank. We started out with a strong culture right from day one as opposed to many of the other recently opened banks that have been cobbled together with people from different organizations and in some cases from outside of this geographical market.” - John C. Black

Healthcare
Diagnostic Substances
Synta Pharmaceuticals Corp. (SNTA-NASDAQ)
“Drug discovery and development is very difficult, with a high failure rate. There are very few companies in our industry, at our size, that have a drug that works – and a drug that works is very valuable. We have a drug that has been shown to be effective, in rigorous clinical testing, in an area of major unmet medical need.” - Safi R. Bahcall, Ph.D.

Exploration
Metals/Mining
Klondike Silver Corp. (KS-TSXV)
“We focus on having 98 percent of our product in Canada. We would like to find more mines for Canada and develop projects in Canada and keep our staff in Canada. It is much safer here, a great place to work, a great mining environment, no problem getting permits and putting things into production. There is not graft here, and everything is on the table and if you find a good mine here it will reflect the share price.” - Richard W. Hughes|

Exploration
Metals/Mining
Golden Chalice Resources, Inc. (GCR-TSXV)
“Golden Chalice is starting to spend about $5 million on its drill programs on the 30 odd projects. These are mega-sized projects with big dollar returns. It is hard to find mines because the odds are against you, but our track record has been 1 in 35 that has made the mines. Our projects today are far better than in the past. We think we are going to have several successes in Golden Chalice and anyone that is involved with the shares for the next year or two years, they will see a lot of activity in the stock and hopefully a lot of upside potential, and hopefully some new mines for Canada and we are working hard on it.” - Richard W. Hughes

Financial
Pacific Banks
Prineville Bancorporation (PNVL-OTC: BB)
“We re-invest 100% of local deposits right back into the market we serve. We think reinvesting in the community is essential for the bank because that is what is going to make a stronger economy locally. Therefore, if we bring in deposits from customers, we want to be able to reinvest those funds whether it is in our facilities, loans to our customers and even the profits that are reinvested into the community events I mentioned earlier. We think it is important for us because that is a differentiating factor. It keeps our economy strong and it keeps our community strong. It may be harder to judge from the customers, but we have gained deposit market share in each of the last three years with this strategy. That tells us that we are not only growing as fast as the market, but we are growing faster meaning that we are picking up some market share. We think that the customers value that proposition and are willing to select us as one of their financial institutions because of that commitment and investment that we are making.” - Robin Freeman

Newsflash!

To view Releases highlight & left click on the company name!
CEOCFOinterviews.com

Western Lakota Announces Record Earnings for the Fourth Quarter and Year Ended December 31, 2005

CALGARY, ALBERTA--(CCNMatthews - March 7, 2006) - Western Lakota Energy Services Inc. (TSX:WLE) reports the record results of its 2005 operations and the fourth consecutive year of substantial financial growth. The Company's rig and equipment fleet increased significantly in the year and the Company continued to achieve rig utilization rates above industry averages, allowing the Company to capitalize on record drilling activity in 2005. Revenue in 2005 increased 183% to $105 million, net income from continuing operations increased 185% to $22 million and earnings per share from continuing operations doubled to $0.60 per share (2004 - $0.30).

Posted: 3/7/06 - CEOCFOinterviews.com

Western Lakota Signs Financing Commitment for an Additional $49 Million of Credit Facilities and Completes Construction of Additional Equipment

CALGARY, ALBERTA--(CCNMatthews - March 6, 2006) - Western Lakota Energy Services Inc. (TSX:WLE) is pleased to announce that it has signed a financing commitment with GE Capital Solutions, a Canadian Division of GE Commercial Finance, for an additional $49 million of credit facilities, of which $24 million is subject to syndication by GE Capital Solutions. This credit facility, along with proceeds from an equity issue which closed on February 28, 2006 and cash flow from operations, will be used for the Company's 2006 rig construction program. The loan will be funded in tranches upon the completion of each rig. Interest rates can be floating or fixed at the Company's option and are similar to rates the Company already has with GE Capital Solutions. Each tranche is to be repaid over 48 month terms.

Posted: 3/7/06 - CEOCFOinterviews.com

Cambridge Heart Updates Time of Lehman Brothers 9th Annual Global Healthcare Conference Presentation

BEDFORD, Mass.--(BUSINESS WIRE)--March 6, 2006--As previously announced, Mr. David Chazanovitz, President and CEO of Cambridge Heart, Inc. (OTCBB-CAMH), will present at Lehman Brothers 9th Annual Global Healthcare Conference on Wednesday, March 8, 2006. The presentation is now scheduled for 3:45 PM EST. The conference is being held at Loews Miami Beach Hotel from March 8-10, 2006.

Posted: 3/7/06 - CEOCFOinterviews.com

Substantial Increases In Land Position and Exploration Targets at Nayarit’s Orion Gold Project

Toronto, Ontario, March 5, 2006 - Nayarit Gold Inc. is pleased to announce that it has staked 82,300 hectares of highly prospective mineral concessions, contiguous to its the existing Orion Gold Project. This staking was strategically designed to consolidate several interesting historical mineral occurrences, and follows management belief that the Orion Gold Project and the adjacent prospects have high potential for future discoveries. Nayarit Gold’s has increased its land position by 700%, to more than 93,950 hectares.

Posted: 3/6/06 - CEOCFOinterviews.com

SSWM Second Quarter Booked Revenue Surpasses Prior Year

- YTD Revenue for FY 2006 Ahead of FY 2005 Totals for Two Quarters -

CARLSBAD, Calif.—March 2, 2006--Sub-Surface Waste Management of Delaware, Inc., (OTC Bulletin Board: SSWM) today announced that booked revenue to date for the second quarter FY 2006 ending March 31, 2006 already exceeds $300,000 which surpasses the actual revenue of $248,381 for the entire second quarter of FY 2005. Year to date revenue for 2005 totals $362,306 compared to $312,462 through 3/31/2005 last year. SSWM continues to experience improved revenue from its new business development efforts in Mexico during the new fiscal year following the record breaking revenue of 2005 and expects additional revenue to be booked in March.

Posted: 3/6/06 - CEOCFOinterviews.com

Drilling underway to test depth extension

of Eau Claire Gold Deposit

March 1, 2006 - Eastmain Resources Inc. (TSX:ER) announced that a winter diamond drill program is underway at its Eau Claire gold deposit located in Northern Quebec. Up to 4,000 metres of drilling in 6 holes is planned to trace the deeper, down-plunge or southeast-rake extension of the high-grade, quartz-tourmaline vein system. The program will focus on testing the Eau Claire vein system at vertical depths of 400 to 750 metres in search of lode gold ores. Drilling will target the downward extension of mineralization intersected in hole 38 (13.7 g/t gold across 5.0 metres or 0.40 oz ton/16.4 ft, including 42.6 g/t gold across 1.5 metres or 1.24 oz ton /4.92 ft) as well as mineralization below and lateral to hole 44. Hole 44 intersected three parallel high-grade veins ranging from 11.9 to 20.4 g/t gold across intervals from 1.4 to 1.6 metres at 600 metres vertical depth (News release - November 11, 2004).

Posted: 3/6/06 - CEOCFOinterviews.com

Tandy Leather Factory, Inc. Reports 13% Sales Increase in February

FORT WORTH, Texas--(BUSINESS WIRE)--March 2, 2006--Tandy Leather Factory, Inc. (AMEX:TLF) reported today that sales for the month of February were $4.6 million, an increase of 13% from $4.0 million last year. Year to date sales are up 12% to $9.1 million in the current year from $8.1 million last year.

Posted: 3/6/06 - CEOCFOinterviews.com

Tandy Leather Factory to Open Three Retail Stores in March 2006

FORT WORTH, Texas--(BUSINESS WIRE)--Feb. 28, 2006--Tandy Leather Factory, Inc. (AMEX:TLF) announced today that it plans to open Tandy Leather retail stores in Little Rock, Ark., Denver, Colo. (Littleton), and Irving, Texas. These new stores are the fourth, fifth and sixth of twelve planned store openings in 2006 and bring the number of Tandy Leather retail stores to 56. The Little Rock store will be located at #1 Stagecoach Village Drive. The Denver store will be located at 5151 S. Federal Blvd. in Littleton and the Irving store will be located at 2000 Esters Road. The Little Rock store will open this week, and the Denver and Irving stores will be open by the middle of March.

Posted: 3/6/06 - CEOCFOinterviews.com

ASPEN EXPLORATION ANNOUNCES 15 WELL DRILLING PROGRAM

DENVER, COLORADO, March 1, 2006. Aspen Exploration Corporation (OTCBB: ASPN.OB), an energy company with offices in Bakersfield, California, and Denver, Colorado, announced today details on its 2006 drilling program. The Company plans to drill approximately 15 wells this year in the Sacramento Valley gas province of northern California and 1 oil well in Kern County, California. Aspen drilled ten successful gas wells out of ten attempts in 2004 for a 100% success rate, and nine gas wells out of ten attempts in 2005. During the last 5 years, Aspen has participated in the drilling of 35 operated wells, 31 of which were completed as gas wells, and 4 dry holes which were plugged and abandoned, a success rate of 89%.

Posted: 3/6/06 - CEOCFOinterviews.com

BUGS Reports Record Breaking 2005 Financial Results

- Total Revenues up 186%, Gross profits up 205%, Net Losses cut 25% from Prior Year -

CARLSBAD, Calif.—March 1, 2006—U.S. Microbics, Inc., (OTC Bulletin Board: BUGSE) today announced audited financial results for fiscal year 2005 ended September 30, 2005.

Posted: 3/6/06 - CEOCFOinterviews.com

POTLATCH BOARD ELECTS NEW VP AND GENERAL COUNSE

February 28, 2006 - Spokane, WA – Potlatch Corporation’s (NYSE: PCH) Board of Directors has elected Pamela A. Mull, 51, who has been Potlatch’s Associate General Counsel since 1990, as Vice President and General Counsel for the company. She replaces Ralph M. Davisson, who has reached mandatory retirement age of 65 following a distinguished 26-year career with the company. Michael S. Gadd, 41, will replace Mull as Associate General Counsel.

Posted: 3/6/06 - CEOCFOinterviews.com

GENOIL INC. AND HEBEI ZHONGIE PETRO-CHEMICAL GROUP SIGN A MEMORANDUM OF UNDERSTANDING TO JOINTLY BUILD THE FIRST MAJOR HEAVY OIL HYDROCONVERSION UPGRADER IN CHINA

February 28, 2006 - Genoil Inc. (TSXV: GNO & OTCBB: GNOLF) has entered into a non-binding Memorandum of Understanding (the "MOU") with Hebei Zhongie Petro-Chemical Group to jointly develop and build the first major commercial heavy oil upgrader in China, with a capacity of 30,000 barrel per day based on the Genoil GHU technology. The first step in the implementation of this MOU is to conduct an engineering and feasibility study to install a Genoil Hydroconversion Unit ("GHU") based on a M380 feed at Nanpaihe Town, Huanghua City, Hebei, China.

Posted: 3/6/06 - CEOCFOinterviews.com

Vical Announces Webcast of CEO Presentation at Cowen & Co. Health Care Conference

February 28, 2006 - Vical Incorporated Nasdaq: VICL) today announced that its presentation at the Cowen & Co. Health Care Conference will be webcast live on Tuesday, March 7, 2006, at 9:40 a.m. Eastern Time. Vical's President and Chief Executive Officer, Vijay B. Samant, will provide an overview of the company's technologies, development programs, and strategic partnerships. The audio webcast and slides will be available through a link in the Webcast Center at www.vical.com. A replay will be available following completion of the live presentation.

Posted: 3/6/06 - CEOCFOinterviews.com

MATECH Bridge Engineering Expert to Speak at

International Bridge Conference

Dr. Phares Set to Participate in EFS Crack Detection Technical Session

LOS ANGELES, CA - February 23, 2006 - Renowned bridge engineering expert, Dr. Brent Phares, PE, Marketing Director for Material Technologies, Inc.’s (OTC BB: MTNA.OB) (MATECH) will speak at the 23^rd Annual International Bridge Conference, June 12-14, in Pittsburgh, Pennsylvania. Dr. Phares, an expert in bridge testing, evaluation, design and construction, will make a presentation and lead a discussion on the accuracy, cost and application of MATECH’s patented Electrochemical Fatigue Sensor (EFS™), an innovative nondestructive crack detection system.

Posted: 3/6/06 - CEOCFOinterviews.com

ISCO INTERNATIONAL REPORTS FINANCIAL RESULTS FOR THE FOURTH QUARTER AND FULL YEAR 2005; TERMINATION OF POISON PILL

Elk Grove Village, IL (February 23, 2006) – The fourth quarter of 2005 continued the trend of improvement over previous years for ISCO International, Inc. (AMEX: ISO), a leading global supplier of radio-frequency management and interference-control systems for the wireless telecommunications industry, Chief Executive Officer John Thode announced. ISCO's four best quarters have all been achieved during 2005, and the fourth quarter saw revenue close to all of 2004. Thode added that revenue during 2005 was roughly four times that of the full year 2004.

Posted: 2/26/06 - CEOCFOinterviews.com

EASTMAIN EARNS 100% INTEREST

IN RUBY HILL PROPERTIES

February 22, 2006 - Eastmain Resources Inc. (ER:TSX) announced that it has earned 100% interest in two gold properties located within the Upper Eastmain River greenstone belt of James Bay, Quebec from Ruby Hill Exploration Inc. These properties cover 10,600 hectares of prospective geology similar to the key mine horizon west of Campbell Resources Inc.'s Eastmain Gold Mine. This key horizon is also comparable to rocks hosting significant gold and nickel-copper deposits in the Kalgoorlie and Kambalda regions of Western Australia.

Posted: 2/26/06 - CEOCFOinterviews.com

Governor Herrera Requests Proposal for Emergency Response Centers

- SSWM and UNAM to equip, staff and train up to eight centers throughout state -

CARLSBAD, Calif. – February 22, 2006-- Sub-Surface Waste Management of Delaware, Inc. (OTCBB:SSWM), announced that its officers of Mexico subsidiary company Environmental Tec International, S.A. de C.V. (ETI), met with officials in the State of Veracruz on Thursday February 16, 2006 to discuss deployment of Environmental Emergency Response Centers throughout the State and remediation of an on-going release of crude oil into sensitive wetland areas outside Ciudad Coatzacoalcos in the southern oil production part of the State.

Posted: 2/26/06 - CEOCFOinterviews.com

Possis Medical, Inc. Reports Second Quarter Results; Company Meets Earnings Per Share Guidance; Total Revenue Below Guidance

MINNEAPOLIS--Feb. 21, 2006--Possis Medical, Inc. (NASDAQ:POSS), a company that develops, manufactures and markets pioneering medical devices for the large and growing cardiovascular and vascular treatment markets, today reported sales of $15.1 million for the fiscal second quarter ended January 31, 2006, versus $16.2 million in the year-ago period, and $15.5 million sequentially in the first quarter of fiscal 2006.

Posted: 2/26/06 - CEOCFOinterviews.com

AngioJet(R) Therapy Shown Safe and Effective as Part of Rescue Percutaneous Coronary Interventions

MINNEAPOLIS-- Feb. 21, 2006-- Study Shows Interventional Techniques, Including AngioJet(R) Therapy for Significant Thrombus, Can Be Performed with Excellent Outcomes in High-Risk Patients Following Failed Clot-Busting Drug Therapy

Posted: 2/26/06 - CEOCFOinterviews.com

Dejour Increases Private Placement to C$8,250,000

Vancouver, BC, Canada, February 21, 2006 – Dejour Enterprises [WINDOWS-1252?]Ltd. (TSX-V: DJE, TSX-V: DJE.WT, OTC: DJEEF), Dejour Enterprises Ltd. (the Company) has agreed, in conjunction with its agent, Pacific International Securities Inc., to increase the number of shares to be issued for the brokered private placement previously announced on February 6, 2006 to 5,500,000 flow-through common shares and reduce the price to CAN$1.50 per share. Total funds to be raised will be CAN$8,250,000 (the Offering), subject to regulatory approval. Closing will be on or about February 28, 2006.

Posted: 2/26/06 - CEOCFOinterviews.com

Ebola DNA Vaccine Produces Immune Responses in All Fully Vaccinated Volunteers in Phase 1 Trial

February 21, 2006 - Vical Incorporated Nasdaq: VICL) announced today that an Ebola vaccine candidate administered using Vical's proprietary DNA delivery technology was safe and well tolerated, and produced both antibody and T-cell Ebola-specific responses in all healthy volunteers who received the full 3 doses of vaccine.

Posted: 2/26/06 - CEOCFOinterviews.com

You are cordially invited to the
2006 PDAC – The 74^th Prospects & Developers Association of Canada International Convention

February 20, 2006 - Eastmain Resources Inc. welcomes and invites you to join Dr. Donald Robinson Ph.D. C.E.O. and Ms. Cathy Butella, Exploration Manager in Booth 2729 at the Metro Toronto Convention Centre to learn more about how Eastmain Resources Inc is, "Building for tomorrow, today!" During this event Eastmain invites all brokers, fund managers and investment clubs to take this opportunity to meet with us to discuss our upcoming activities.

Posted: 2/26/06 - CEOCFOinterviews.com

WebSecure Anti-Keylogging Software for Consumers
Thwarts Online ID Theft, Launches at DEMO 2006

Browser Toolbar Restores Security of
Online Banking, E-Commerce and E-mail

DEMO 2006/PHOENIX (Feb. 6, 2006) - StrikeForce Technologies (OTCBB: SKFT), experts in identity assurance, today introduced a ‘weapon’ for consumers to help prevent identity theft: WebSecure™ 1.0, the anti-keylogging software. WebSecure is an anti-keylogger toolbar that makes confidential information typed onto Web pages invisible to would-be thieves’ prying eyes.

Posted: 2/23/06 - CEOCFOinterviews.com

ASPEN EXPLORATION DIRECTORS TO SELL
SHARES UNDER SEC RULE 10b5-1

Bakersfield, CA and Denver, CO, February 15, 2006. Aspen Exploration Corporation (OTCBB: ASPN) announced today that Robert A. Cohan, president, CEO, and a Director and R. V. Bailey, chairman of the Board of Directors, have established a pre-arranged trading plan to sell shares of the company over a designated period in accordance with rule 10b5-1 of the Securities and Exchange Commission. Under the plan, during a six month period commencing on February 22, 2006, Mr. Cohan plans to sell 67,000 shares of Aspen stock in open market transactions. Mr. Bailey plans to sell 63,000 shares of Aspen stock in open market transactions during a three month period commencing February 22, 2006. The transactions are part of the two director’s ongoing program of tax planning and asset diversification. Rule 10b5-1 permits insiders to implement a written plan to sell stock when they are not in possession of material non-public information and continue to sell shares on a regular basis even if they receive such information subsequently.