The stock could be making another move to $.01 and we could see a break there. Keep this stock on watch.
Wednesday, September 26, 2012
LGBS - Starting Next Leg Higher?
The stock could be making another move to $.01 and we could see a break there. Keep this stock on watch.
SUGO - From Zero To Hero
SUGO started September as an unwanted stock with almost no buying to speak of and then volume started to come. The company then issued a well timed press release that has since helped push the stock up to $.0008 a share today from $.0001 earlier this month.
Can the stock sustain the positive momentum and head to $.002 or better? Recent money volume tells a good story about the potential price movement from here. If we see the money continue to pour into the stock, SUGO could put in another 50-100% based purely on momentum and buying interest.
WARWICK, RI, Sep 18, 2012 (MARKETWIRE via COMTEX) -- Sungro Minerals, Inc. (OTCQB: SUGO), an Exploration Stage Mining Company, announced today that it has established a wholly-owned subsidiary named "Sungro Minerals Africa." In a departure from its previous domestic development efforts, Sungro Minerals, Inc. has created Sungro Minerals Africa to acquire mineral rights throughout the African continent. To date, the company has identified several promising and significant opportunities, and in May of this year, representatives of the Company travelled, at the invitation of the government, to one of the countries that has significant opportunities. The Company is currently in negotiations to acquire various parcels and will update shareholders as to future developments.
In other matters, the Company is working with its legal team to address the chill placed on deposits of the Company's common stock by the Depository Trust & Clearing Corporation (DTCC). The Company has received a listing of transactions that require substantiation, and believes that once the proper documentation and attestations are provided, that the DTCC will remove the deposit chill.
About Sungro Minerals, Inc. Sungro Minerals, Inc. is an early stage Mining and Exploration Company seeking to acquire, develop, and manage various mineral properties and resources both in the United States and around the world.
Cautionary Note to U.S. Investors This press release may use the terms "measured resources," "indicated resources," "inferred resources," and "historical resources" which are calculated in accordance with the Canadian National Instrument 43-101 and the Canadian Institute of Mining, Metallurgy and Petroleum Classification system. The United States Securities and Exchange Commission (the "SEC") does not recognize these terms and the SEC guidelines (Industry Guide 7) provide that such terms shall not be included in a registrant's filings with the SEC (unless required to be disclosed by foreign or state law). The SEC permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. "Inferred resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an "inferred mineral resource" will ever be upgraded to a higher category. U.S. investors are cautioned not to assume that any part or all of a measured, indicated or inferred resource exists or is economically or legally mineable. U.S. investors are urged to consider closely the disclosure in our Form 10-K which may be secured from us, or from the SEC's website at http://www.sec.gov.
Tuesday, September 25, 2012
EKNL - Stock Soaring on News
EKNL is up over 100% today based on this news release:
EKO International Corp - Distribution of Frequency Rhythmic Electrical Modulation Systems
PR Newswire "Press Releases US - English"
BURLINGTON, ON, Sept. 25, 2012 /PRNewswire/ -EKO
INTERNATIONAL INC. (EKO) -
EKNL- Pinksheets -- is pleased to announce that oeBin Ltd., of
Burlington, ON, has been engaged byNeuroVasc Clinical Inc. (NCI),
(a
joint venture company owed 51 % byNeuroVasc Medical Inc. (NVMI)
and 49%
by EKO.), as NCI's sole distributor representative for FREMS
equipment in the states of New York and Florida.
FREMS (Frequency Rhythmic Electrical Modulation System) equipment is
used in the treatment of Peripheral Neuropathy (damage to nerves in
extremities such as lower legs and feet causing an interruption in
communication between the brain and parts of the body with damaged
nerves).
With over 60 million diabetics in North America and 60% of them
suffering from Peripheral Neuropathy, the need for this treatment is
overwhelming.
Further news is expected to be released in the immediate future in
respect of FREMS and EKO's involvement with the technology and expected
corporate earnings as a result.
In order to clarify the present state of shareholdings in EKO, the
company wishes to confirm that it fully complied with the April Order
by theChancery Court of Delaware
to issue 2,926,224 free trading
shares of EKO, bringing the number of issued and outstanding shares as
of the date of this release from 28,756,746 to 31,682,970 and the
current float of free trading shares as of the date of this release to
8,079,427.
EKO will be issuing a further 1,000,000 restricted shares toNeuroVasc
Medical Inc. in consideration for EKO's participation in the NCI Joint
venture which holds the exclusive rights to market FREMS equipment.
SOURCEEKO INTERNATIONAL
CORP.
EKO International Corp - Distribution of Frequency Rhythmic Electrical Modulation Systems
PR Newswire "Press Releases US - English"
BURLINGTON, ON, Sept. 25, 2012 /PRNewswire/ -
EKNL- Pinksheets -- is pleased to announce that oeBin Ltd., of
Burlington, ON, has been engaged by
joint venture company owed 51 % by
by EKO.), as NCI's sole distributor representative for FREMS
equipment in the states of New York and Florida.
FREMS (Frequency Rhythmic Electrical Modulation System) equipment is
used in the treatment of Peripheral Neuropathy (damage to nerves in
extremities such as lower legs and feet causing an interruption in
communication between the brain and parts of the body with damaged
nerves).
With over 60 million diabetics in North America and 60% of them
suffering from Peripheral Neuropathy, the need for this treatment is
overwhelming.
Further news is expected to be released in the immediate future in
respect of FREMS and EKO's involvement with the technology and expected
corporate earnings as a result.
In order to clarify the present state of shareholdings in EKO, the
company wishes to confirm that it fully complied with the April Order
by the
shares of EKO, bringing the number of issued and outstanding shares as
of the date of this release from 28,756,746 to 31,682,970 and the
current float of free trading shares as of the date of this release to
8,079,427.
EKO will be issuing a further 1,000,000 restricted shares to
Medical Inc.
venture which holds the exclusive rights to market FREMS equipment.
SOURCE
Monday, September 24, 2012
DKGR - Stock Rises On New CEO Actions
CARSON CITY, Nev., Sep 24, 2012 (BUSINESS WIRE) -- Drake Gold Resources Inc. (OTC:
Matousek, who formerly served as the company's investor relations provider, is a multilingual international consultant and entrepreneur who has worked extensively with the public markets in both Canada and the United States. He is a Veteran of Foreign War from his time as a U.S. Naval officer with extensive experience and unparalleled success in capital markets. His background includes directorships and key officer positions as well as shareholder communications.
Drake's majority shareholder has been adamant that a man like Matousek at the helm is valuable, stating, "He is indispensable and has already achieved, in the last 60 days, more than previous management has in the last 5 years; all in the name of company growth and building shareholder value."
Matousek states, "This is not your father's Oldsmobile, in so many words. Drake Gold Resources holds immense potential as a domestic resource company. As we continue to build fundamentals, we are fostering collective success for operations and our shareholder base."
In less than 60 days as CEO, Matousek has ensured the company:
-- Is current with the Nevada Secretary of State, after years of non-compliance by previous management.
-- Is current with the company's transfer agent.
-- Is in possession of recovered material proprietary information.
-- Has secured key individuals to foster the company toward exponential growth. The company continues to attract strategic alliances toward expedited growth.
-- Has negotiated an amendment of Pennsylvania lease agreements to ensure what will become an additional 50% working interest in target leases toward the goal of owning the particular lease outright. A copy of the amended agreement will be posted to the company's website this week.
-- Has implemented a much-needed 'rumor free' information source via official website and press release, with each dissemination reviewed by counsel prior to release. As well, the company is currently working to fulfill obligations necessary to achieve OTC Pink Current Information Tier as rated by www.otcmarkets.com
-- Has initiated a policy in place with shareholders to operate in the present and in what is to come. The company will NOT go out of its way to rationalize on behalf of what it feels to be poisonous persons and/or elements that were previously engaged in the company.
-- Further, its 'No Tolerance' policy "has ensured that such elements and persons have been completely removed from the company and its operations so as not to further distract us from our imminent project flow, near term revenues and long-term growth," states Matousek.
Matousek further notes, "I am working diligently to move the company forward, to reach its full potential; working aggressively to create a debt free company by end of Q1 2013. Nobody else in the last nine year history of the company has accomplished what we have. In addition we have some exciting updates to share on secured transactions and negotiations underway."
On that note, the company is also closing a significant transaction with streamlined energy producer, Parker Technologies Inc. (www.parkertechnologiesinc.com), to be detailed and finalized in the coming days.
Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
SOURCE: Drake Gold Resources Inc.
Tuesday, September 18, 2012
Monday, September 17, 2012
SEC Suspends 16 Stocks
The suspensions are part of a broader crackdown this year, which has resulted in a record 609 suspensions so far during 2012.
The
The agency has also increased its scrutiny of Chinese companies, amid concerns about the accuracy of their publicly disclosed information.
The latest group of companies facing suspension are:
Also,
And
Tuesday, September 11, 2012
Five Sub-Penny Charts To Watch
At the start of 2012 I posted charts to watch heading into the year. All of them rose 150% or more: http://pennystockgurus.blogspot.com/2012/02/150-or-bust.html
With the year 67% over I have five charts to watch. I think all five will at some point post an over 100% gain from their current prices. The stocks are UYMG at $.001, ERBB at $.0021, STKO at $.001, ELRA at $.0012 and MCVE at $.03.
With the year 67% over I have five charts to watch. I think all five will at some point post an over 100% gain from their current prices. The stocks are UYMG at $.001, ERBB at $.0021, STKO at $.001, ELRA at $.0012 and MCVE at $.03.
Monday, September 10, 2012
SRGE Continues To Soar This Time On News
Southridge Announces Major Multi-Million Dollar Expansion of Cinco Minas Mill to 500 Ton per Day (tpd)
Marketwire "Press Releases"
The expanded CMM design and layout is complete and foundations are now under construction. All the major system components have been requisitioned and are confirmed for transfer and delivery to the Cinco Minas property. The required secondary facilities including buildings, electrical power, water and road access, are also nearing completion. Additionally, the CMM environmental permitting processes are moving forward rapidly and the Mexican Governmental Agencies have commented that they are satisfied with the progress and the diligent care demonstrated in the Company's environmental protocols and safety programs. The Company has taken a critical success factor approach in the planning of this major expansion of the
Southridge's recent
The CMM expansion is being led by Southridge's Engineering professionals and the Mill Assessment Committee (MAC). With Phase I already well underway, the project team has been carefully ensuring that quality, technology, safety and proficiency are incorporated into every aspect of the expansion. Southridge has already begun the hiring process to fulfill the construction manpower required with 18 new employees now in place. The Company expects to add another 35 employees, with a variety of skills and experience, to complete the construction workforce over the next year of the CMM expansion.
"We believe the factors driving long-term growth in Gold & Silver demand are unlikely to reverse," said Company President and CEO,
In conjunction with the mill expansion project, the Company hosted a several day visit of two research and mining analysts at the Cinco Minas -- Gran Cabreara Gold and Silver Mines. At Cinco Minas, the analysts attended the ground-breaking ceremony that officially launched the commencement of the 500 tpd mill expansion construction.
Southridge recently announced that the 2012 4th Quarter Earnings and Production values at Cinco Minas. In fiscal 2012, the Company processed over 9,000 tons of ore and recorded revenues of
In other recent Company developments, the anticipated and long-awaited public update at the Mexican Mining Registry of the Cinco Minas mineral concession ownership being duly reflected in Southridge's name is now complete. Also, the Company had now engaged the necessary professional services to migrate and up-list the Company's reporting status back to the Over-The-Counter Bulletin Board. It is anticipated that this process will be complete before the end of 2012.
Additionally,
For further information on the Company's Gold and Silver projects, visit our website: http://www.southridgeminerals.com.
(http://youtu.be/R6P8oght4Ik)
(http://youtu.be/o2LfLaSu8ww)
Facebook:
(http://www.facebook.com/pages/Southridge-Minerals-Inc/163457600376466)
Twitter: (http://twitter.com/SouthridgeSRGE)
About
What sets Southridge apart is its vast experience in
Forward-Looking Statements
Although the Company believes that the forward-looking statement of beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's published current and periodic reports.
Contact:Southridge Enterprises Inc. Investor Relations Tel. (214) 699-6255 Email: info@southridgeminerals.com http://www.southridgeminerals.com
Source:
Friday, September 7, 2012
BBDA Gearing For Third Leg Higher?
I have successfully called each of BBDA's rallies this year. First the rally from $.0004 to over $.004, which I alerted my subscribers to before the stock moved, when the stock was virtually dormant and trading only $5,000 to $10,000 a day at most compared to the $500,000+ its has been seeing on this latest rally. The second from $.0029 to $.0199. Both ended up being very profitable. Had you bought at $.0004 (there were millions upon millions of shares for sale when I alerted it at $.0004) and sold at the recent high of $.0199 you are looking at a possible $400 into $19,900 return.
Right now I think BBDA is gearing up for its next leg higher, a move that will take the stock over 100% higher from current levels. The short term chart is showing a cup and handle formation which is bullish. Also note that any bouts of selling only sends the stock down temporarily. The uptrend is not done yet.
BBDA's most recent news:
STATESVILLE, N.C., Sept. 6, 2012 /PRNewswire via COMTEX/ -- Bebida Beverage Company (OTC markets:
"It is amazing how many new store chains and distributors are coming out of the woodwork following our announcement on 28 June, 2012. We have gained a huge amount of credibility in the beverage market in the last few weeks. Now, our European expansion is well underway and we expect that the sky is the limit. After all, in today's busy world, people everywhere need to relax and unwind as well as get a better night's sleep. It won't be long now before liquid relaxation products are everywhere; and, we are a market leader," said Brian Weber, CEO of Bebida Beverage Company.
About BeBevCo
BeBevCo (Bebida Beverage Company) develops, manufactures and markets liquid relaxation products including KOMA Unwind "Liquid Relaxation" (TM), KOMA Unwind Sugar-free "Liquid Relaxation" (TM) and KOMA Unwind "Liquid Relaxation" Shot(TM) as well as Potencia Energy, Potencia "BLAST" energy shot, Relax 5 shots and Piranha Water.
Safe Harbor Statement
Except for historic information contained in this release, the statements in this news release are forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital to execute its business plan, and effectively compete against similar companies.
SRGE Continues It Strong Move Out Of Triple Zero's
DALLAS, TX, Sep 05, 2012 (MARKETWIRE via COMTEX) -- Southridge Enterprises Inc. (PINKSHEETS: SRGE) ("Southridge" or the "Company") is pleased to announce that it has recorded milestone mineral production and revenues for the fourth quarter and year ending August 31, 2012, from its 60 ton per day (tpd) mill site at Cinco Minas in Jalisco, Mexico. In fiscal 2012, the Company processed over 9,000 tons of ore and recorded revenues of $3.14 Million.
Cinco Minas is the Company's flagship mineral property with a 60 tpd mill and 2 year supply of ore production currently on surface. In 2012, the Company confirmed the surface stockpile grades cited in the 2007 Behre Dolbear Report and released the planned expansion to increase the mill capacity to 500 tpd. Additionally, the Cinco Minas property has a world-class confirmed gold and silver resource of 235,000 oz. gold, and 23.3 million oz. silver with 80% of the known vein system at Cinco Minas has yet to be tested. Today's market value of the confirmed resource at Cinco Minas is well over $1 Billion USD, prior to the completion of further planned exploration to expand the resource.
"We are excited to announce our initial mineral production and revenues. It has been a challenging couple of years for both management and shareholders, since we first began our new Mexican gold and silver exploration and production initiative. Today's announcement of our record revenues clearly shows our undeniable success in making the Company's goals a reality," expressed Southridge President & CEO, Michael Davies.
In other recent Company developments, the anticipated and long-awaited public update at the Mexican Mining Registry of the Cinco Minas mineral concession ownership being duly reflected in Southridge's name is now complete. Also, the Company had now engaged the necessary professional services to migrate and up-list the Company's reporting status back to the Over-The-Counter Bulletin Board. It is anticipated that this process will be complete before the end of 2012.
Additionally, Mathers Research has initiated research coverage of Southridge, with a "Speculative BUY" Opinion and a near term price target of $0.20 cents per share. The Mathers Research report is available as a free download on the Mathers Research Website @http://mathersresearch.com/srge-report
For further information on the Company's Gold and Silver projects, visit our website, http://www.southridgeminerals.com
Southridge Investors can access the following Southridge Minerals social media channels:
YouTube Cinco Minas Mexico Project: (http://youtu.be/R6P8oght4Ik)
(http://www.facebook.com/pages/Southridge-Minerals-Inc/163457600376466 ) (http://twitter.com/SouthridgeSRGE)
About Southridge Minerals, Inc. (PINKSHEETS: SRGE) Southridge Minerals, Inc. is a U.S.-based mineral exploration company dedicated to acquiring and developing mineral resources in geologically permissible and politically stable areas of the world. The Company seeks out early stage opportunities with good mineralization indicators that exhibit significant blue-sky potential. Southridge pursues and advances these projects that are or will be of interest to mid-size and major producers. By forming alliances on individual projects, the Company expects to develop its interests in mines operated by its partners, allowing it to continue to build value through continued exploration. Southridge is currently focused on projects in Mexico.
What sets Southridge apart is its vast experience in Mexico and the knowledge of the geological conditions and formations pertaining to known large gold deposits that have received very little attention to date. This comparative advantage, combined with a specific geographical and mineral focus, will allow for more efficient asset and income growth in the future for the benefit of shareholders' investments.
Forward-Looking Statements Although the Company believes that the forward-looking statement of beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's published current and periodic reports.
Thursday, September 6, 2012
Wednesday, September 5, 2012
Tuesday, September 4, 2012
BBDA - One of My Best Alerts Ever Forming Cup and Handle?
BBDA was an alert to my subscribers at $.0003/.0004 a share. The stock recently hit almost $.02 a share. Today the stock is still holding to gains and is looking very strong.
http://thepennystockgurus.com/articles/bbda-stock-soars-from-0003-0004-to-0144/
BBDA continues to maintain strong bid support, and could have formed a cup and handle. This means this stock is poised to break to new highs? We will soon find out.
UYMG Issues Impressive News Today
UYMG is a stock I posted last week as a bounce candidate. Today's news could help bolster investor sentiment. After posting some strong revenue numbers the president of UYMG stated:
Might not be a bad time to take a closer look at UYMG. I think the stock heads back over $.002 this week... but what do I know?
On Track Technology Begins Work On Production Leases In Navarro County
EAST HANOVER, N.J., Sept. 4, 2012 /PRNewswire via COMTEX/ -- Unity Management Group (OTC Pink:UYMG ), a business resource and service company, is pleased to announce its wholly owned subsidiary, On Track Technology Solutions Inc. (OTT), and their consulting firms have entered into a farm out agreement to begin work to establish production on a group of contiguous leases in Navarro County. There are approximately 52 wellbores with 6 being State approved injection wells; wellbores identified at the Texas Railroad Commission as lease numbers 01689, 02032, 02033, 02216 and 02503.
"Our authorized share count has risen this year to account for our transition into On Track Technology becoming our main subsidiary. We will not be raising the Authorized share count any further while we control/own UYMG," said Michael Oliver president of Unity Management group Inc. He went on to add that our valuation or market capitalization is very low for the nature of what we are trying to accomplish. Our valuation is that of many OTC Market shell companies at this time. We are not a shell and have many results, announcements, and filings coming, that will yield a higher value immediately as traders and investors participate in the trading of our stock. We are looking for millions of dollars of value and business here, not 10s of thousands or hundreds of thousands.
Might not be a bad time to take a closer look at UYMG. I think the stock heads back over $.002 this week... but what do I know?
EAST HANOVER, N.J., Sept. 4, 2012 /PRNewswire via COMTEX/ -- Unity Management Group (OTC Pink:
OTT President, Eddie Schilb said, "On Track is working with an area Geologist, and a Chemical firm to develop a confidential completion, and chemical Huff & Puff treatment using Co2, Nitrogen or a combination of the two. Based on conversations with one Petroleum Engineer we believe a potential of 89 BOPD may be achievable upon a successful implantation, and successful results of treatment, installation of proper production equipment, and pressurization of certain/specific wellbores within the leases. While the price of oil varies daily we used $86.08 per barrel (todays price although most 5 year forecast is $101.07 Per Barrel); upon successful implementation 89 BOPD would add approximately $186,318 per month or $2,235,821 annually.
On Track Vice President and Staff Engineer Ayo Odetunmibi commented that this property fits nicely with our other properties. "We are looking forward to testing these wells; it is an exciting time and I am excited about the potential in this field. Eventually we want to test the possibility of other profitable formations on this acreage."
"Our authorized share count has risen this year to account for our transition into On Track Technology becoming our main subsidiary. We will not be raising the Authorized share count any further while we control/own UYMG," said Michael Oliver president of Unity Management group Inc. He went on to add that our valuation or market capitalization is very low for the nature of what we are trying to accomplish. Our valuation is that of many OTC Market shell companies at this time. We are not a shell and have many results, announcements, and filings coming, that will yield a higher value immediately as traders and investors participate in the trading of our stock. We are looking for millions of dollars of value and business here, not 10s of thousands or hundreds of thousands.
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