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On December 21, 2009, all unconverted shares of The Alpine Group, Inc. (PINKSHEETS: APNI) series A cumulative convertible stock, par value $1.00 per share (”Alpine Series A Preferred Stock”) ceased to be convertible in accordance with the terms of the Certificate of Designations therefor. At September 30, 2009, there were 12,159 shares of Alpine Series A Preferred Stock outstanding with an aggregate liquidation value of $4.6 million. As at December 21, 2009, 7,806 shares of Alpine Series A Preferred stock with an aggregate stated liquidation value of $3.0 million were converted into 5,799,931 shares of Alpine common stock, par value $0.10 per share (”Common Stock”) at the conversion rate of 743.01 shares of Common Stock per share of Alpine Series A Preferred Stock.

City Telecom (H.K.) Ltd. (”City Telecom”) (SEHK:1137) (Nasdaq:CTEL) has submitted an application for a Domestic Free Television Programme Service in Hong Kong today. As a group, City Telecom has a 17-year track record of innovation in the telecom industry, including more than 6 years of running a subscription-based video service over the Internet via its wholly owned subsidiary, Hong Kong Broadband Network Ltd (”HKBN”).

Cavitation Technologies, Inc. (CTI) (OTC Bulletin Board: CVAT) has previously announced Its latest development the CaviGulation system, designed for physico-chemical reactions used in water treatment. With water well on its way to becoming one of the hottest commodities, an obvious solution is to take the salt out of seawater. Desalination technology has been around for thousands of years.

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