Wednesday’s OTC Top Gainers: XTOG, SGCA, LUSI, SRCH
Oil and Gas Stocks Lead as Top Gainers
POINT ROBERTS, (18 Aug, 2011) - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for Aug 17.
XTREME OIL & GAS INC (OTC:XTOG) shares soared 0.195 (95.12%) to $0.40 with more than 442K shares traded hands after the company announced today that over the last 18 months, the Company has been successful in filing with the Securities & Exchange Commission a Form 10 and a S-1 Registration Statement (both approved), a 15C-211 with FINRA through Spartan Securities (approved), three years of Audited Financials and as part of the process of becoming a fully reporting company updated and completed a third party private valuation that concluded the Company was worth $102,520,900 or $2.24 per share today.
Strategic American Oil Corporation (OTC:SGCA) surged 0.010 (8.00%) to $0.135 after announced that it has entered into a non-binding letter of intent ("LOI") to acquire SPE Navigation I, LLC ("SPE"), a private Texas company (the "Acquisition"). As set forth in the LOI, and subject to numerous conditions to closing, in consideration of the proposed Acquisition, the Company has agreed to issue to the shareholders of SPE an aggregate of 95 million restricted common shares of the Company upon the completion of the Acquisition.
LOUISIANA FOOD CO (OTC: LUSI) added 0.110 (36.67%) to $0.41announced Southern Pecan as its Fall 2011 Voodoo Roast Seasonal Blend coffee [southernpecan]. This Southern Pecan blend offers a smooth twist to LUSI's Voodoo Roast Dark coffee and will become available in markets and online near the end of September 2011.
Searchlight Minerals Corp. (OTC: SRCH) climbed 0.115 (21.50%) to $0.650. The stock has jumped about 80% in the past three trading session, after hitting a new 52-week low of $0.35 earlier this week. Searchlight Minerals Corp. (Searchlight) is an exploration-stage company engaged in the acquisition and exploration of mineral properties and slag reprocessing projects.
Investorideas.com Free Investor Tools;
Learn More about Investorideas.com showcase stocks
Sign up for the free investor news and stock alerts http://www.investorideas.com/Resources/Newsletter.asp
Join Investor Ideas – Become a Member
Research renewable energy stocks, gold stocks, water stocks, oil and gas and more with the largest stock directories online for investors
Investorideas.com Members currently have 24/7 online access to the exclusive subscriber-only 13 stock directories in leading sectors including renewable energy, water and energy stocks.
Visit the Investor Ideas membership page to learn more at: http://www.investorideas.com/membership/
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Source – Investorideas.com
800-665-0411 – firstname.lastname@example.org