posted
One to watch, up over 100% today with strong volume the past two days. Currently at .0015, not sure how much room it has to run but worth keeping an eye on it, no pr released.
posted
I would really like to see what is driving this, otherwise I just don't know if the stock can sustain this run up. I know they were planning their exit from Chapter 11, but I would like to see a juicy PR to confirm.
Stonebridge Resources Explorations Ltd. (Pink Sheets: SBGX - http://finance.yahoo.com/q?s=SBGX.PK ) Stonebridge Resources Explorations Ltd., has entered into a letter of intent with 6070205 Canada Inc. to Acquire 50% interest in the mining claims of their property in Northern Ontario, 15 km N.W. of Kirkland Lake.
The property was explored previously by a number of companies and previous drilling indicated geology finds that are favorable for a potential large sulphite deposit.
The initial drilling done in 1998 indicated zinc mineralization in a number of drill holes, varying from 0.6 meters of 4.4% zinc and 1.76% zinc over 4.6 meters, 1.33% zinc over 4 meters.
In the year 2002 a megatem airborne survey was conducted over the property identifying several areas of interest. A confirmation of the geophysical result from the airborne survey was obtained by a ground geophysical survey that identified the down plunge extension of the previous drilling. It was recommended that a 3 drill hole program for a total of 500 meters be undertaken.
Harold Pizel, Stonebridge Resources President, said; "This agreement signed once again shows our strong belief and commitment to the mineral rich Northern Ontario region, we are excited about the opportunities ahead."
Stonebridge Resources Explorations Ltd. is a junior resource and exploration company concentrating on acquiring and consolidating large advanced exploration-stage companies with near term production potential and future growth potential and acquiring this growth initiative in a profitable and socially responsible manner.
OrbitTravel.com Corporation (Pink Sheets: OBTV - http://finance.yahoo.com/q?s=OBTV.PK ) OrbitTravel.com Corporation is a travel distribution and electronic commerce company that assists travel suppliers and tourism destinations. The Company allows its clients to promote, distribute, and sell their products electronically to travel buyers worldwide via the Internet, airline global distribution systems, public Internet service providers, and private intranets.
The Company's goal is to create an on-line travel marketplace or Travel Exchange that allows travel suppliers to post on-line displays of product and service offerings to a global travel purchasing audience consisting of travel agents and travel planning consumers.
Paid, Inc. (OTCBB: PAYD - http://finance.yahoo.com/q?s=PAYD.OB ) Discounted shipping -- one of the most significant tools that merchants can use to entice consumers to purchase online -- is a new feature now available to online retailers in Paid, Inc.'s ShopCart(TM) ecommerce solution. Paid's ShopCart solutions for e-tailers provide state-of-the-art functionality for calculating accurate shipping charges, including applicable carrier fees, insurance, and special packaging and handling based on the origin, final destination, size and weight of the merchandise. With the new ShopCart Discounted Shipping Promotion feature, online retailers will be able to offer their customers discounted or free shipping based on various situations, such as a special free shipping promotion or discounted shipping rates based on certain thresholds for the value of the order.
Ken Cassar, a veteran retail analyst, notes in an article in "Microsoft Small Business" that "reductions in shipping fees are among the most effective promotions out there. Retailers can see greater returns from $1 off shipping costs than $1 off product costs."
"We are continually adding new features to our eCommerce suite to help our customers grow their businesses," said Tom McGovern, Paid Inc. Director of Software Sales & Marketing. "The Discounted Shipping feature has been one of the most requested enhancements since we introduced ShopCart to the eCommerce market six months ago. We immediately began working on this enhancement and are proud to introduce it as a very robust, user-friendly set of features that will help e-tailers execute promotions to increase sales."
MobilePro Corp. (OTCBB: MOBL - http://finance.yahoo.com/q?s=MOBL.OB ) MobilePro Corp. announced that it has signed a term sheet for a new $15.5 million financing with Cornell Capital that significantly lowers the company's cost of capital. The Company anticipates closing the financing within the next two weeks.
The financing carries an interest rate of 7.75%, has a term of three years, is convertible into common stock at $0.30 per share and includes six million warrants with an exercise price of $0.50 a share. The new financing will replace a bridge financing from a Connecticut-based hedge fund, which had an interest rate of 23%.
MobilePro CEO Jay Wright said, "We are very pleased to have lined up this favorable new funding. It immediately cuts our annual interest expense by over $2 million per year (over half a cent per basic share outstanding) while positioning us to ultimately convert the debt into equity at prices above our 17-month high. By eliminating restrictive covenants, it also allows us to re- energize our acquisition program and continue building shareholder value. In short, it is a very solid package."
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posted
A group called 'shakers' is behind this, great entry point at .002 this morning, could have bailed with a very nice profit at pretty much any time today!
Shame I bought PLNI instead, lol.
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