PennyStockForums.net Stock Pick for
May 25, 2007 is NLUB!
This one has been on our Radar for quite sometime. It was trading at 21 cents on September 2006. It recently hit an all-time low of .0007 on May 23rd. It has an extremely small float of 15 million shares, meaning it moves realy fast with small buying pressure. This is a real company, selling real products. Check out the website at https://www.nitrolube.com/index.html.
As of May 24th, it ended up 100% at .002. We think it has 50-100% potential in the next few days. Just a warning, it is very volatile, so be wary of the big spreads. Adn as we always recommend, take some profits. We are releasing this early so you can do your due diligence. Here are some of the news releases that have been released. There was a 3 for 1 r/s In january. This had an unbelievable 5 million float before then! We have also requested the symbol to be updated on stockcharts, so we don't have an updated chart right now. Good luck all! Last pick PMCL up 300%, where will NLUB be by next week?
LANGLEY, British Columbia, Oct. 25, 2006 (PRIMEZONE) -- Jason Rite, President of Nitro Lube Inc. (Pink Sheets:NTLB), today stated, "The recent vicious selling attack on the company's common stock is a mystery and a great disappointment. Some of our shareholders have been demoralized by the sell-off from a sixty-five cent price level to six cents in a matter of a few weeks. We are investigating the possibility that our stock may have been 'shorted' by unscrupulous market makers."
Mr. Rite further stated, "I want to assure our loyal shareholders that the company is in good condition. Our products are the best and our customer base is growing daily. Management of Nitro Lube is determined to continue on its goal to bring quality products to its customers and value to its shareholders." Nitro Lube also conducted a webcast interview with The Green Baron Report that can still be heard through the webcast link at www.TheGreenBaron.com.
About Nitro Lube, Inc.
PALM DESERT, Calif., May 15, 2007 (PRIME NEWSWIRE) -- Jason Rite, President and CEO of Nitro Lube, Inc. (Pink Sheets:NLUB) and Nitro Lube Canada, Inc. announced from Nitro Lube USA's office in Palm Desert that Nitro Lube Canada, Inc. has granted Nitro Lube USA, Inc. an exclusive license to manufacture and sell Nitro Lube brand products (including PMF 2000) throughout the United States and Mexico. The licensing agreement also includes all rights, title and claim to the Nitro Lube name, copyrights and trademarks in those countries.
"Our shareholders will be pleased to know that this important step was completed in order to implement the company's marketing plan in the vast market south of Canada. We will soon announce the new management team for Nitro Lube USA and when its new website, www.nitrolubeusa.com, will be open for business," stated Mr. Rite.
About Nitro Lube, Inc.
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