KING (King Res Inc) .0015 this stock is a shell stock which recently became more than just that by acquiring Cressent Energy, which is now its main subsidiary. Cressent Energy is an independent Oil and Gas company with numerous wells in Texas. Today's trading saw KING quickly at .0018 on light volume in just the first 20 minutes of trading. Although not confirmed the float appears very thin. The stock pulled back to .0009 and quickly got to .0012 and finally closed at .0015. This stock traded close to 8 million shares today and rumor of acquisitions are stirring in some forums. With Middle East tensions still occuring oil could quite possibly reach 100-150$ a barrel. This in my opinion a great buying opportunity for investors. We have seen what petrol stocks have done recently, stocks like BGOI, BYSD and PFNO posted imprssive gains and are still trading well ,I think KING makes a similar run, my short term target is .004
Company's main subsidiary Cressent Energy Inc. is an independent oil and gas company actively engaged in the exploration, development and production of oil and gas in the state of Texas. Cressent Energy is dedicated to being environmentally responsible. Company places emphasis on the health and safety of the areas where they drill. The company currently operates 12 running wells, and holds 16 oil and gas leases. The company continues to bringing oil and gas wells back to production, aiming to revive up to 34 wells in 2011. Once finalized, the company expects these wells to pump up to 70 barrels of oil a day.
About Company:King Resources, Inc. (King Resources) was engaged in the acquisition, exploration, development, and production of oil and gas properties in the United States. As of October 31, 2000, the Company did not operate any oil and gas properties. It had projects in Jefferson County in Mississippi, Texas, Louisiana, Romania and Off Shore Gulf of Mexico. The Company also provided seismic data to other companies on lease. In December 2010, the Company completed the merger with Cressent Energy.
HENDERSON, NEVADA, Dec 10, 2010 (Marketwire via COMTEX) -- King Resources, Inc. (PINK SHEETS:KING) (http://www.king-resources.com
King Resources is an independent exploration and production company engaged in the acquisition, drilling and production of oil and natural gas in the United States and overseas. KING is pleased to have a subsidiary in the same industry, and foresees these companies working seamlessly together.
In other news, a minor litigation matter that company two majority shareholders were engaged in and created an overhang for KING has now successfully finalized to a mutual satisfaction. KING management wishes Belmont Partners all the best in their future endeavours.
In addition to the Cressent Energy merger, the company is confident that a second separate merger candidate is interested in becoming a part of the KING family. The company will advise the public as the negotiations progress.
NUBL (Numobile Inc) .0004 News about uplisting out yesterday during trading caused a surge in buys, .0002-.0004 in an instant. NUBL is bottomed and has traded as high as .85 and was .0007 to .001 range this is an easy 100% range. The company is active and the uplisting shows that the company is serious about business. We may see this gap in the a.m
FORT WORTH, TX--(Marketwire - 02/28/11) - NuMobile, Inc. (Pinksheets:NUBL - News) today announced that the Company's stock quotation has moved exclusively to the OTC Markets Group, Inc.'s OTCQB, effective February 23, 2011. The OTCQB is one of three tiers established by OTC Markets and identifies companies that are fully reporting with the SEC, to include NuMobile. NuMobile was previously dually quoted on both the OTCBB and OTC Markets quotation systems. Last week, more than 560 dually quoted companies, including NuMobile, moved to being quoted exclusively on the OTCQB. The FINRA operated OTCBB, now contains approximately 20 securities which are quoted solely on this system and represent less than 0.1% of the average daily dollar volume for the entire OTC market.
For further information regarding this change, see 'OTCBB Delistings and Rule 15c2-11: What Happened?' at http://tinyurl.com/46tbry6.
More information about OTCQB can be obtained at http://www.otcmarkets.com/learn/otc-market-tiers
CMSI (Cannabis Med Solutions Inc) .0134 close to 2 million shares traded on Monday the stock is getting more and more attention from investors, we saw what CBIS has done, the stock trades easy and anyone who loads will benefit, my short term target on CMSI is .08
EGOH ( Eagle Oil Holdings Inc) .034 This stock has been holding very well, we are still waiting for acquisition news another oil stock that can rally at anytime , I say when we get news this thing goes parabolic