To OTC Dispatch Subscribers:

Congratulations to our subscribers who timed our last pick
just right. On Wednesday May 30th we came out with a Trading
Alert on PETP. We warned our subscribers (heavily) that it
was NOT a long-term investment, but rather a short-term
potential flip. Those of you who are of a trader-disposition
decided to give it a whirl, and had a good trading
opportunity.

When we told you about PETP, it had just closed at $1.15. We
made it clear that we felt the trading range would be tight.
Here is what we said:

> If the stock trades up to $1.43 our technical indicators
> consider it a sell. Stop loss indicators have been issued
> for $1.08. The expected trading range is tight, so be
> cautious!

The next day, June 1st, the stock opened at $1.34! Those of
you who read our Trading Alert would NOT have bought at that

price, since you knew the OTC Dispatch Technical Indicators
considered it a sell at $1.43.

For those of you who were patient, the stock traded between
$1.23 and $1.39 that day, giving you a tight range in which
to execute your trades. Judging by the response we got in
your emails to us, many of you picked up a 5-10% gain. Nice
work!

To those of you who tried to trade the stock but got beat
on poor execution, remember that the OTC Dispatch Trading
Alerts are ONLY meant for short-term speculative trading
purposes.

Generally however, the OTC Dispatch covers companies that
we think represent a 6-18 month hold period. In other
words, most of our picks are micro-cap stocks that
deserve to be held for a considerable period of time
before selling.

For our new subscribers, please remember therefore that
there is a DIFFERENCE between our Trading Alerts and our
regular stock picks. Trading Alerts are short-term
high-risk swings, and our regular picks are meant to be
held for the longer term.

Many of our subscribers often email us their own picks,
and ask us to write them up. We appreciate that feedback -
always! - and we may write up your stock pick if we think
it is a good one. But remember! - we do an enormous amount
of due diligence and most stocks do not make it through
our criteria.

And now for an OTCBB Highlight or two!

Oh for the wonderful days of only a a bit more than a
year ago, when the OTCBB was rocking! Do not fear, it
is coming back. But we could not help but be impressed
by some interesting stats.

Total dollar volume on the OTCBB last year around this
time was about $7 billion per month (this does not
account for double-counting). Right now it is at around
$1 billion per month.

Average daily dollar volume right now therefore is
around $50 million. Last year it was $350 million.

Average daily volume right now is about 270,000,000
shares. A year ago it was about 450,000,000.

What we find interesting is that, while daily trading
volume is more than 50% of what it was a year ago, daily
dollar volume is around 15% of what it was. This is
important because dollar volume has not been this low
since 1993. Yet share volume is still around early 1999
levels!

The total number of OTCBB-quoted issuers has been
relatively static for the last few years (except for
the 1997-99 spike, but mandatory reporting took the
number back down to historic levels by 2000).

What does all this tell us? What we are all-too-well
familiar with - average share prices of OTCBB-quoted
companies are at HISTORIC lows. We believe many OTCBB
stocks will provide 5 to 10 times ROI over the next 18
months, but the trick is determining which ones. Most
of them are volatile, and many won't make it. Our
mission is to tell you about the ones that have the
best chance of doing extremely well.

Until next time, good speculating!

OTC Dispatch Editorial Team
================================

Disclaimer:
OTC Dispatch is published by OTC Dispatch Inc. OTC Dispatch
has not received any compensation for this report.
OTC Dispatch, its staff and directors, do not own stock in
Petapeer Holdings and is not affiliated with Petapeer
Holdings.
The words and claims contained in this report have
been taken from publicly available documents on
the web and the SEC filings, and may make use of any
public information including but not limited to
company issued press releases, SEC filings, profiles
from brokerage reports, newspapers, magazines,
journals, electronic databases on the web,
electronic message board postings on the web and other
research sites. This notice shall not constitute an offer to
sell or the solicitation of an offer to buy nor shall there
be any sale of these securities in any state in which such
offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of
any such state. Please check with your broker or with the
company to determine whether these securities may be
purchased or sold in your state of residence prior to
effecting a transaction.
OTC Dispatch Inc, its directors, executives, employees and
agents are not, nor do they claim to be broker/dealers or
registered investment advisers. OTC Dispatch is a
publication provided to subscribers. The company profiles
provided in this email are for informational purposes only
and should not be interpreted as buy or sell recommendations.
Stock gains referred to in the email alerts sent to you may
represent the short-term success of the companies listed and
are in no way intended to imply the achievement of long-term
or sustained gains. Micro cap stocks are extremely volatile,
and you may lose all or part of your investment. You must do
your own research before deciding to buy or sell securities.
OTC Dispatch Inc does accept compensation from some companies
profiled from time to time, but in all cases it is fully
disclosed as to the dollar amount and the name of the payor,
in each email alert, but is not affiliated in any way with
any profiled company. OTC Dispatch Inc did not accept, seek
or solicit any compensation from any broker, dealer, or other
investment advisers for consideration of the current company
profiled.
OTC Dispatch Inc, its directors, executives, and employees
have not invested in the current company profiled, have not
received stock as compensation, and do not hold a position in
the company profiled. Viewers of this email alert assume full
responsibility to carefully research the company profiled
before making a decision to invest in such company. Under no
circumstances shall any member of OTC Dispatch Inc be held
liable for any loss incurred by any individual or individuals
as a result of any individual or individuals decision to
invest in any company profiled by OTC Dispatch. Viewing stock
picks in this email alert shall not create under any
circumstances an offer to buy or sell stock in any company
profiled. Nor shall it create any principal-agent relationship
between viewer and OTC Dispatch Inc. Short term investing
involves significant risk, and you can lose some or all of your
investing capital. Please contact a qualified registered
representative or financial planner before investing in any
stocks, including those profiled in email developed or
distributed by OTC Dispatch. Companies profiled in OTC Dispatch
email may trade in fast moving, highly volatile markets, and
any viewer of OTC Dispatch's email alerts should observe the
trading behavior of any profiled company prior to purchasing.
Companies profiled in OTC Dispatch's email alerts often carry
a high degree of risk. Past performance of the companies
profiled is not indicative of future results. The company
profile information displayed in the email alerts you receive
may make use of any public information including but not
limited to company issued press releases, SEC filings, profiles
from brokerage reports, newspapers, magazines, journals,
electronic databases on the web, electronic message board
postings on the web and other research sites. OTC Dispatch does
not attempt to verify the accuracy of the information contained
in said resources, and does not represent or warrant the
accuracy contained in these resources. Investors should, at no
time, rely solely on the information contained in the email
alerts distributed by OTC Dispatch and are urged to research
profiled companies on their own, and make their own investment
decision. Factual statements on this web site are made as of
the date stated and are subject to change without notice. The
words "believe," "expect," "anticipate," "project" and similar
expressions identify forward-looking statements, which speak
only as of the date the statement was made. There are a number
of factors that could cause actual events or results of the
company profiled to differ from those indicated by such
forward-looking statements. If you decide to buy the stocks
profiled here, we strongly suggest using limit orders. The past
performance of the companies profiled is no guarantee of future
results.
SAFE HARBOR DISCLAIMER. Certain statements contained herein
constitute forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and 21E of the Exchange
Act of 1934. Such statements include, without limitation,
statements regarding business and financing, business trends,
future operating revenues and expenses. Although the Company
believes that the statements are reasonable, it can give no
assurances that such expectations will prove to be correct.
Investors are cautioned that any forward looking statements made
by the Company, or contained in any and/or all profile/research
reports, contain no guarantee of future performance, and that the
actual result may differ materially from those set forth in the
forward-looking statements. Difference in results can be caused
by various factors including, but not limited to, the Company's
ability to be able to successfully complete planned funding
agreements, to successfully market its products in competitive
industries or to effectively implement its business plan or
strategies.

---
You are currently subscribed to otcdispatch as: andrew.h.lewis@enron.com
To unsubscribe send a blank email to leave-otcdispatch-163743V@utarget.sparklist.com