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World Market Media Oct 23, 2009 Winners and Losers

|Includes: CCGY, Fund.com, Inc. (FNDM)

Today’s upside movers are:

Alternet Systems, Inc. OTCBB symbol ALYI is up today nearly 25% after early morning news of an acquisition and news sales pipeline.

Systems, Inc. (OTCBB: ALYI) today announced a scheduled Webcast presentation to review the Company's acquisition and sales pipeline in China, Africa, Latin America and North America. The Company plans to build a portfolio of mobile payment software solutions through the acquisition of strategic mobile services system integrators and solution developers.

Also on the winning side is:

MediaNet Group Technologies, Inc. symbol MEDG trading on the OTCBB is up 20% at mid-day after news of a merger with DubLi companies.

MediaNet Group Technologies, Inc. (OTCBB: MEDG), operating the largest online mall and affinity program platform through its BSP Rewards subsidiary, announced that effective today it has completed its reverse merger with CG Holdings Limited, a privately-held, European-based holding company for the DubLi companies, a worldwide online trading firm ("DubLi"). Upon completion of the merger, DubLi became a wholly-owned subsidiary of MediaNet, and DubLi's Chief Executive and Operating Officers will assume the same positions with MediaNet. MediaNet's board of directors will also be controlled by directors nominated by DubLi. Additional details of the merger transaction appear in MediaNet's reports on Form 8-K filed with the Securities and Exchange Commission on August 14 and September 30, 2009.


On the Losing side….

Fund.com, Inc. symbol FNDM trading on the Pinks today showed a 12.5 % loss on early trading.
This followed news about several critics who have zeroed-in on the fund, criticizing its high expense ratio and economic forecasting approach. This is known as “The Dent Method.”
Fund.com (OTCBB:FNDM) CEO Greg Webster responded to the criticisms of The Dent Method, saying, "Every manager has a certain method and every advisor approaches the market with what they believe will achieve the best alpha for their investors. H.S. Dent approaches the market in somewhat of a unique way that doesn't necessarily compete with many of the other offerings. Provided you support his view of the markets, then you should buy his products."

China Clean Energy, Inc. (CCGY: OTCBB)trading on the Bulletin Boards today has shown an almost 11% lost despite news about their new facility completion.

This looks to be another “Green Company” in transition.