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PFNO, - DrStockPick.com Stock To Watch! - ParaFin CorporationDrStockPick.com is pleased to announce its Stock To Watch! ***FREE Stock Alerts*** From CRWENEWSWIRE's DrStockPick.com Click on the link Below: http://www.crwenewswire.com/c/drstockpick __ PFNO, ParaFin Corporation, PFNO.PK PFNO and a Private Equity Firm have both signed a Term Sheet whereby the Private Equity Firm, based out of Wilmington, DE, will commit to purchase up to $6M USD of shares of common stock of Parafin. The investor is a private equity firm that invests capital into companies in the emerging markets. They have invested in over 100 public and private companies in various sectors including oil and gas, communication, arts and entertainment, services and medical sectors. Sid Fowlds, the CEO of PFNO, stated, "Once the final Agreements have been executed, Parafin plans to immediately begin the 3-D re-processing of all existing seismic data. Having this capital moves Parafin closer to our goal of drilling our first well by the end of summer this year. The remainder of proceeds will be used to meet working capital needs as the company prepares to drill." Furthermore, PFNO’s Board of Directors have voted to become fully reporting and to apply to re-instate the shares of the Corporation to trade on the Bulletin Board. In January, 2008, the Corporation went non-reporting on the advice of Counsel and the shares of ParaFin then traded on the Pink OTC Market under the symbol PFNO.PK. While PFNO’sn shares were listed for trading on the Bulletin Board from 1982 to 2006, the Corporation filed all Annual reports (now 10-KSB) and filings, with Audited Financial Statements, and all Quarterly reports (now QSB). The last 10-KSB with Audited Financial statements filed by ParaFin Corporation with Edgar was for the year ending September 30, 2006. The Financial statements for 2007, 2008 and 2009 have been prepared by Management but have not been Audited. Once the Financial Statements have been Audited, 10-KSB’s and 10-QSB’s for the years 2007, 2008 and 2009 will be filed with Edgar. When the 10-KSB’s and 10-QSB’s have been accepted for filing by Edgar, PFNO will then apply to have its shares re-instated to trade on the Bulletin Board. ** 2,000,000,000 (Two Billion) Barrels of Crude Could be Waiting for PFNO in the Republic of Paraguay ** PFNO, a development stage company, engages in the acquisition and exploration of oil and gas properties. PFNO executed a farmout agreement to acquire the development rights to hydrocarbon concessions in the Republic of Paraguay. These concessions consist of 2,456,453 hectares (approximately 6,069,994 acres) in the Alto Parana Block, Alto Parana Province, the Republic of Paraguay. Recently, PFNO's Directors have approved a development program for the approximately 6.6 million acre hydrocarbon Farmout Concession in the Republic of Paraguay based on the geophysical report of Byron Ayme, consulting geophysicist, dated January 1, 2010. Utilizing the recommendations of the January 1, 2010 report of Byron Ayme, PFNO plans to do extensive 3-D re-processing of all existing seismic data. The re-interpretation of all existing seismic data will be done in Houston, Texas and Calgary, Alberta. The labs have the latest equipment available to do the 3-D re-interpretation of existing seismic. The geophysical report dated January 1, 2010 indicates the Alto Parana Region's Reserves have a very high probability of approximately 2,000,000,000 (Two Billion) Barrels of Crude. PFNO has concluded that the region also has potential for substantial gas reserves. Brazil's latest offshore discovery, estimated at 33,000,000,000 (33 Billion) Barrels, confirms the potential for reserves in the Chaco Parana Basin that covers most of Paraguay and portions of Brazil, Uruguay, Argentina and Bolivia. After the re-interpretation of all existing seismic data, the Farmout Agreement requires PFNO to drill a well to a depth of the shallowest of (1) eleven thousand five hundred (11,500) feet, (2) the bottom of the Devonian formation or (3) the basement underlying the site of the Farmout Obligation Well on the Alto Parana Concession. PFNO plans to do extensive re-processing of all available 2D seismic data available in the area using the latest modern techniques available including depth conversion. The data will be mounted on work stations and interpreted in Houston, Texas and Calgary, Alberta where the labs have the most modern equipment available to do the re-interpretation of existing 2D seismic. Once the results of the re-interpretation of the existing 2D seismic is complete, well location will be determined from that data and drilling will commence. Upon the establishment of production, new seismic will be done and a 3D survey employing state of the art technology will then be undertaken in order to determine the extent of the reservoir. To view the complete report visit www.parafincorp.com __ About DrStockPick.com DrStockPick.com is a stock watch website, a CRWENewsWire.com Division that provides free daily alerts on stocks. DrStockPick.com's alerts are daily e-mail on stocks that are hot in the market. These include stocks with huge volume, penny stocks, stocks with technical indicators and much more. DrStockPick.com also tracks small cap stocks that are on the brink of moving upwards. DrStockPick.com also features companies on its website with research report, analysis, and newsletters. DrStockPick.com is an independent electronic publication that provides information on selected publicly traded companies. DrStockPick.com is not a registered investment advisor or broker-dealer. THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! Please do your own Due Diligence before investing in any of the stocks mentioned above. The disclaimer is to be read and fully understood before using our sites, stock alerts, watch list or joining our email list. DrStockPick.com is owned by Crown Equity Holdings, Inc. who has previously received fifteen thousand dollars in free trading shares and expects another five thousand dollars in free trading shares for compensation from a third party for 30 days of media advertisement services for Parafin Corp. (PFNO.PK). Full disclaimer can be read at www.DrStockPick.com We encourage investors to join the FREE e-mail alerts by visiting: http://www.crwenewswire.com/c/drstockpick About CRWENewswire.com CRWENewswire.com is an independent electronic informative online financial news publication company dedicated in providing company associates, business and financial professionals with economic and investment information, as well as stock highlights. CRWENewswire.com is a division of Crown Equity Holdings, Inc. ***FREE STOCK ALERTS** Sign up to receive FREE stock alerts from CRWENewswire's DrStockPick.com at http://www.crwenewswire.com/c/drstockpick Forward Looking Statement This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. 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