Wall Street News Alert: Wall Street News Alert: TuesdayaEUR(TM)s Stock to Watch: PGNE -- October 13, 2009
PGNE | Quote | Chart | News | PowerRating -- Wall Street News Alert's "stocks to watch" this morning are: PrimeGen Energy Corporation (OTC: PGNE), HE-5 Resources, Corp. (OTC: HRRN | Quote | Chart | News | PowerRating), Optex Systems Holdings, Inc. (OTCBB: OPXS | Quote | Chart | News | PowerRating) and Global Health Ventures Inc. (OTCBB: GHLV | Quote | Chart | News | PowerRating).
For more information, please visit www.WallStreetNewsAlert.com and you can also follow Wall Street News Alerts on Twitter at http://twitter.com/wsna
Yesterday after the markets closed, PrimeGen Energy Corporation (OTC: PGNE | Quote | Chart | News | PowerRating) announced that the drilling operator at the previously announced Timan-Pechora Project has reported that the drilling of Kochmesskoye # 6 well which began on September 25, 2009 has reached total target depth on October 02, 2009.
Testing of any potentially productive oil bearing zones has been initiated. The Company will be advised as to the commercial viability of the well and productive oil flow rates upon the completion of testing, which is anticipated by the end of the week. Individual wells are also drilling more quickly than originally projected. As part of the accelerated drilling program, a seventh well is scheduled for immediate drilling shortly after the results of the sixth well are announced.
"Our strategy now is to use the cash flow generated from production to progress those projects with the potential to provide the quickest returns" commented Robert Charlton, CEO of PrimeGen Energy Corp.
In addition, the Company is now subscribed and will be reporting its quarterly and annual financial information through the Pink Sheets OTC Disclosure and News Service; the company will be placed in the "Current Information" designation at pinksheets.com. Pink OTC Markets Inc. provides the leading inter-dealer electronic quotation and trading system in the over-the-counter (OTC) securities market. The Current Information designation falls in the "Transparent" category as defined by the Pink Sheets.
The stock closed yesterday at Eight cents a share.
For an in-depth profile of PrimeGen Energy, visit http://www.wallstreetnewsalert.com/view-company-profiles.php?profile=PGNE_101209.
To receive FREE Mobile Stock Alerts formatted especially for your cell phone, text the word "press" in the subject line to 68494.
*** This free service can be discontinued at any time by replying to any one of the alerts with the word "stop"
HE-5 Resources, Corp. (OTC: HRRN | Quote | Chart | News | PowerRating) up 38.8% on 31.9 million shares traded.
On Oct 12, 2009 HE-5 Resources, Corp. recently announced final Closing of private bank acquisition scheduled for this week and Monday Morning News Letter release.
Management has finalized all of the accounting re-assessments', and completion of financial consideration values have been set and agreed upon at a $0.035 a share. Both parties had agreed on share price value a while ago and commonly believe the current share price is way undervalued, and will be at accurate values once the transaction will be finished.
The Company will be appointing new officers who will join the actual management team, and have re-scheduled the shareholders International conference call to take place on Thursday October 15th at 2:00 pm Eastern Time. Management will provide call coordinates shortly. The Company will be returning all calls and email inquiries immediately after closing this week, and will be appointing a representative to provide information to shareholders in English, French, and Spanish.
The Company new Attorney has revised all requisite final documents for the Forward Split requested by FINRA and will be filing this week immediately after the closing.
Optex Systems Holdings, Inc. (OTCBB: OPXS | Quote | Chart | News | PowerRating) up 31.6% on 6.6 million shares traded.
On Oct 12, 2009 Optex Systems Holdings, Inc. a leading manufacturer of optical sighting systems and assemblies primarily for Department of Defense applications, recently announced that General Dynamics Land Systems, a business unit of General Dynamics, awarded Optex a $1.9 million purchase order for additional ICWS (Improved Commander's Weapon Station) Periscopes. The ICWS Periscopes are a critical component of the M1A2 Abrams Tank; and additionally, Optex is currently manufacturing other plastic periscopes for General Dynamics Land Systems for the M1A2 Abrams Tank. Delivery of the ICWS Periscopes is scheduled to begin in January 2011 and continue through February 2013.
Danny Schoening, COO of Optex Systems, commented, "We are pleased to have been awarded this latest purchase order with General Dynamics Land Systems. This is the latest step in our ongoing relationship with General Dynamics Land Systems and demonstrates our ongoing track record of delivery of quality products and great customer service. We are proud to be able to continue to provide technology to support the efforts of our troops around the world."
ABOUT OPTEX SYSTEMS:
Optex, which was founded in 1987, is a Richardson, Texas - based ISO 9001:2008 certified concern, which manufactures optical sighting systems and assemblies, primarily for Department of Defense (DOD) applications. Its products are installed on various types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles, and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.
Global Health Ventures Inc. (OTCBB: GHLV | Quote | Chart | News | PowerRating) up 6.2% on 1.3 million shares traded.
On Oct 12, 2009 Global Health Ventures Inc. or the "Company" a Specialty Pharma recently announced the start of a series of pharmaceutical tests on "Nico-ZTM", it's sublingual formulation product of nicotine. The product is placed under the tongue which allows for a rapid and highly efficient absorption. The Pharmaceutical School of the University of British Columbia in Vancouver is famous for it's top level testing and new formulations of drugs, biological and consumer products. The Company's tests will examine product stability, taste, absorption rates and efficiency. This is a key part of the final stage of the prototype preparation.
About Nico-ZTM
Nico-ZTM is one of the Company's most advanced products designed for smoking cessation and/or a replacement for addiction to cigarette's and other tobacco products. For people craving for a cigarette, but in an environment which does not allow smoking, Nico-ZTM can immediately reduce the craving and the needs for smoking. It is in the form of a thin film paced under the tongue and within seconds the product absorbs into the blood. While there are currently nicotine based products on the market, none of them have the convenience and rapid action that our sublingual product Nico-ZTM has. The nicotine patch is slow and very inconvenient, as well as costly. While gum is inexpensive, it has a very low absorption profile. The nicotine inhalers are expensive and very much regulated. The need for a convenient, low cost and fast acting formulation is highly desirable and the Company believes it will be able to take a large share of the market. Currently it is estimated the nicotine based products have a market of $1.5 billon.
About Global Health Ventures Inc.:
Global Health Ventures, Inc. (the "Company") is a specialty pharma with focus on the Over-The-Counter market. The Company has a new proprietary platform technology that delivers many approved drugs via the sublingual (under the tongue) route. This unique method delivers low dose drugs directly to the blood stream, bypassing all the side effects of digestive and liver system breakdowns, while maintaining product efficacy. The Company currently has five products in late stage development and several more underway.
Market Commentary: Retail gasoline prices edged up overnight, but are still below $2.50 per gallon. Last year, a gallon of gas cost about $3.25 at this time, according to auto club AAA, Wright Express and Oil Price Information Service.
Let Wall Street News Alert help advertise for your company using our effective awareness campaigns. If you're Interested in telling your story, we can help. Contact us at info@wallstreetnewsalert.com
WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of often-overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. The Wall Street News Alert home page has experienced over 200 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com.
*** It has come to the attention of Wall Street News Alert (WSNA), that various persons or companies distribute faxes bearing similar names to Wall Street News Alert. Wall Street News Alert is not affiliated with faxes bearing names such as: Wall Street Stock Alert, Wall Street Investor Alert, Wall Street News Alert or any other fax using various combinations of the generic words Wall Street.***
Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF also maintains a contractual, working relationship with Stock Market Alerts LLC and its' Wall Street Enews brand. WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies' discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.
This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. For current services performed for PrimeGen Energy Corporation (OTC: PGNE), WSCF has been compensated Five Million shares (One Million shares for current services and Four Million shares for previous services), by a third party, NorthStar Capital Corporation, who is non-affiliated and may hold a significant position in the stock. WSCF holds Nine Hundred Thousand of those shares as of this release, and intends to immediately continue selling its shares as this release is being circulated. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a clients desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.
CONTACT: Wall Street News Alert
e-mail: info@wallstreetnewsalert.com
WWW: http://www.wallstreetnewsalert.com
((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
For full details on (GHLV) GHLV. (GHLV) has Short Term PowerRatings at TradingMarkets. Details on (GHLV) Short Term PowerRatings is available at This Link.
For full details on (HRRN) HRRN. (HRRN) has Short Term PowerRatings at TradingMarkets. Details on (HRRN) Short Term PowerRatings is available at This Link.
For full details on (PGNE) PGNE. (PGNE) has Short Term PowerRatings at TradingMarkets. Details on (PGNE) Short Term PowerRatings is available at This Link.
For full details on (OPXS) OPXS. (OPXS) has Short Term PowerRatings at TradingMarkets. Details on (OPXS) Short Term PowerRatings is available at This Link.
- Global Health Ventures Successfully Completes Final Version of Its Prototype X-Excite, Its Male Sexual Enhancement Drug - 02/02/10
- Global Health Ventures Successfully Completes Final Version of Its Prototype X-Excite, Its Male Sexual Enhancement Drug - 02/02/10
- www.StockMarketingInc.com: Get On Board With Us!! Sign Up Today And Let Us Show You What We Can Do!! AMCG,RVBF,COIN,ALTO,MTVO,HR - 01/12/10
- HE-5 Resources Corp. Announces "Trading Barter Bank" is Now in Revenue Generating Mode with its "TBB PRODIGE" Suite - 01/12/10
- Optex Systems Reports Record Year-End Results - 01/11/10
- More News >>


