Dow Jones 11120.04 -96.46 3:00 pm PST, April 8, 2006 NASDAQ 2339.02 -22.15 For info, visit access.smallcapnetwork.com S & P 500 1295.50 -13.54 Change your subscription status here Russell 2000 756.13 -10.10 VOLUME 06: ISSUE 28 Profit From eCommerce. Now. Since we profiled eCommerce technology firm NeWave (OTCBB: NWWV) on March 22nd at 19 cents, the Company has been anything but idle. (Have a read of our piece for a detailed background).  This Company, in our opinion, is poised for significant ongoing success and firmly on track to deliver outstanding shareholder returns. Due to the significant and ongoing sales growth, we strongly suggest continued accumulation of NeWave shares at these levels. Besides paying off a whacking $500,000 of its debt within the last few weeks--thanks to a growing surge in cash flow-- NeWave's online site enrollments clocked in at a huge 43,000 new subscribers in March alone (release below)--the fifth consecutive month of significant membership growth and 72 percent ahead of its record February sign-ups. (We told you they'd be good...) As you'll recall, NeWave has three unique eCommerce sites: www.onlinesupplier.com, www.buydiscount.com and www.mysoftwaretutor.com. Have a look. Heck, you may even want to sign up. At $20 a month for a base membership, NeWave also has the opportunity to up sell members to premium offerings, including the very cool ActionLine, a live eBay Coach product at $59.95 per month and the mysoftware tutor product at $19.95 per month. The subscription revenues have and will add up quickly. I'm sure you can do the math. While there is some attrition, the impressive subscription and product sales growth trend already proves that NeWave has the technology as well as the right products at the right time for both customers and shareholders. Investors need only look at the volumes on this chart to see that we are in NeWave at the right time. Significant investor interest has already appeared and the shares look to want to stay above the sub-20 cent level and move higher. The spikes seen between 15 and 30 cents are very positive technical signs, although the lack of follow through after the last big volume day is somewhat annoying. We haven't seen the confirmed double repo we were looking for, as yet. That said, as momentum continues, we could well see at least a 3/8 retracement of the previous big sell-off. That would give us a target of 80 cents--a very decent return. Bottom line: accumulation at current levels likely means that any short-term risk is well worth the potential reward. Big-time. Investors have to be impressed not only with the phenomenal growth NeWave has already posted, but also its aggressive drive to pay off debt and move to sustainable and growing profitability ASAP. Given the growth already and that to come, we reiterate our opinion that shareholders who wait to accumulate shares at these levels will likely be disappointed. NeWave represents a high growth, dynamic Company that has already proved --and we believe will continue to do so in spades--that it deserves a place in the SmallCap portion of your portfolio.   NeWave March Memberships Continue Surge; Increase 72% Over Prior Month Goleta, CA – April 7 Newswire / NeWave, Inc. (OTC Bulletin Board NWWV - News) today announced that it enrolled a record 43,000 new members for the month of March, a 72% increase over February. NeWave CEO Michael Hill stated, “The fact that we are announcing extraordinary results for the fifth consecutive month, I believe is proof positive that NeWave is fast becoming a significant player within the ecommerce loyalty club marketplace. Consumers as well as competitors alike have begun to take notice of the quality and success of our offerings and we certainly welcome the higher profile. I believe our shareholders can expect to see a significant improvement in our results this year.” About NeWave, Inc. NeWave, Inc. through its websites onlinesupplier.com, buydiscount.com and mysoftwaretutor.com, provides ecommerce solutions and thousands of high value products at significant savings to its online loyalty club customers and members. To find out more about NeWave (OTCBB: NWWV), visit our websites at www.newave-inc.com, www.onlinesupplier.com and www.buydiscount.com. The Company’s public financial information and filings can be viewed at www.sec.gov. Forward Looking Statements This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products and services or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.   Contact: Michael Novielli Chairman NeWave, Inc. mnovielli@newave-inc.com ph (845)575-6770 We Value Your Feedback Got comments, questions or suggestions? Send 'em on over: Editor@smallcapnetwork.com If you wish to send a written request or inquiry, please send it to our physical address: TGR Group, LLC 4653 Carmel Mtn Rd Suite 308 #402 San Diego, CA 92130 Whither BioCurex? While there hasn't been much recent news, some interesting things showed up on the chart of biotech BioCurex (PK: BOCX). When we applied an MACD (Moving Average Convergence / Divergence) filter we found that even though the shares have been trading sideways with a slight downside bias, the filter revealed a 'bullish divergence'. Simply put, the activity is actually showing some impressive buyside strength. This indicsation is often a precursor to a major positive move. Probably right to accumulate the shares at these levels as, if this plays out, there is a decent rally developing. The chart is here. Have a look.   Whither Gold? Even though we're not gold bugs, we drop in from time to time. We were bullish last November when we last published on the yellow metal. You can read our thoughts, then, here. We're using the monthly Gold bugs Chart as our proxy. We circled the consolidation area formed back in November as the catalyst for the next leg up, which subsequently occurred. With the HUI at 350 now, we see more upside, but once the index hits 390-400, all we can say is look out below as, in our opinion, that will herald the level at which we see a major pullback. No hurry to exit as 30-40-50 more points on the HUI represents a decent further move in bullion. Thought you'd like to know... Subscribe Information is power and timely information is profitable. Become informed and profit from SmallCapDigest Profiles and Trading Alerts by becoming a Preferred Member today. There is no cost associated with your email subscription. Add your email address below and make sure to check your email inbox and confirm your opt-in request to start receiving the SmallCapDigest Email Newsletter on a regular basis. To ensure newsletter delivery, you can add any additional email addresses you may have to the SmallCapDigest Member List. 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All companies are chosen on the basis of certain financial analysis and other pertinent criteria with a view toward maximizing the upside potential for investors while minimizing the downside risk, whenever possible. Moreover, as detailed below, this publication accepts compensation from third party consultants and/or companies which it features for the publication and circulation of the SmallCap Digest or representation on SmallCapNetwork.net. Likewise, this newsletter is owned by TGR Group, LLC. To the degrees enumerated herein, this newsletter should not be regarded as an independent publication. Visit Here to view our compensation on every company we have ever covered, or visit the following web address: http://access.smallcapnetwork.com/compensation_disclosure.html for our full compensation disclosure and http://access.smallcapnetwork.com/short_term_alerts.html for Trading Alerts compensation and disclosure. TGR Group LLC has been paid a fee of $60,000 by NeWave for coverage of the company. In addition, one of the principles of TGR Group LLC is also a principle of MarketByte LLC. In a separate contractual relationship in 2004, MarketByte LLC was paid a fee of $25,000 in cash and 750,000 newly issued, restricted shares by NeWave for coverage of the company. The aforementioned shares are all currently eligible to be free trading. The term of MarketByte's obligation to NeWave has expired. TGR Group LLC has been paid a fee of $25,000 and one million newly issued restricted shares by Biocurex for coverage of the company. Under SEC Rule 144, 570,000 shares of the 1 million newly issued restricted shares are now eligible for sale into the public market. TGR Group has submitted the appropriate filings to sell the shares. In addition, on March 22, 2005, TGR entered into an extended agreement with Biocurex for a fee of 25,000 newly issued restricted shares. 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