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The QualityStocks Daily

Hot Topic Inc. (HOTT)

Greenbackers reported last week on Hot Topic Inc. (HOTT), Zacks, Clip Report, The Stockster, Stock Tiger did previously, and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Hot Topic, Inc. and their subsidiaries operate as a specialty retailer operating the Hot Topic and Torrid store concepts. The Company has their corporate headquarters in City of Industry , California . Founded in 1988, Hot Topic Inc. trades on the NASDAQ as part of the Apparel Stores industry.

As of February 2, 2008, the Company operated 690 Hot Topic stores in the United States and Puerto Rico . As of that date, they also operated 151 Torrid stores in 36 states. In addition, Hot Topic Inc. sells merchandise on their Websites, hottopic.com, and torrid.com.

The Company's Hot Topic stores target young men and women between the ages of 12 and 22 who are passionate about rock music, pop culture, and music-inspired fashion. Hot Topic stores sell music/pop culture-licensed merchandise, including tee shirts, hats, posters, stickers, patches, and postcards. Other music/pop culture-licensed merchandise includes books, novelty accessories, compact discs, and DVDs.

Hot Topic stores also sell music/pop culture-influenced merchandise, including women 's and men's apparel and accessories. These include woven and knit tops, skirts, pants, shorts, jackets, shoes, and costume jewelry. They also include body jewelry, su nglasses, cosmetics, leather accessories, and gift products for young men and women.

The Company's Torrid stores are a fashion-forward brand targeting plus-size young women, ages 15 to 29. Torrid stores focus on providing these under-served customers with their own fashionable alternative that features style, high quality, and personalized customer service.

Torrid began selling through their stores in April of 2001. Torrid stores offer fashion apparel and accessories, including jeans, novelty tee shirts, fashion tops, sweaters, pants, jackets, and dresses. They also offer hosiery, shoes, intimate apparel, and fashion accessories for plus-size young women.

Hot Topic Inc. (HOTT) closed Monday's session at $8.73 up $0.26 or 3.07 percent. Volume was 1,452,854 for a 3-month average volume of 952,959.

Indevus Pharmaceuticals Inc. (IDEV)

Today, Money Morning reported on Indevus Pharmaceuticals Inc. (IDEV), Greenbackers, The Tycoon Report did last week, StockWire, Momentum Traders, Wall Street News Alert did recently, Penny Picks, Knobias, The Street, Stock Stars, HotOTC.com, and Bull in Advantage did previously, and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Headquartered in Lexington , Massachusetts , Indevus Pharmaceuticals, Inc. is a specialty pharmaceutical company. Trading on the NASDAQ Global Market, they engage in the acquisition, development, and commercialization of products to treat conditions in urology and endocrinology. Their approved products include SANCTURA® and SANCTURA XR™ for overactive bladder, VANTAS® for advanced prostate cancer, SUPPRELIN® LA for central precocious puberty, and DELATESTRYL® to treat male hypogonadism (an inability of the testicles to produce the hormone testosterone).

The company's most advanced compounds in development include, VALSTAR™ for bladder cancer, NEBIDO® for male hypogonadism, PRO 2000 for the prevention of infection by HIV and other sexually-transmitted pathogens, and the octreotide implant for acromegaly and carcinoid syndrome. Acromegaly is a disease involving growth hormone overproduction resulting in enlarged bones in the hands, feet, jaw, nose, and ribs of adults.

Indevus Pharmaceuticals, Inc. signed a development, license, and commercialization agreement with Teva Pharmaceutical Industries Ltd. last fall for the exclusive, worldwide rights to Pagoclone. Pagoclone is a novel non-benzodiazepine treatment shown in clinical studies to reduce the symptoms of panic disorder and generalized anxiety disorder without causing sedation or withdrawal effects seen with benzodiazepine agents. In 2005, Indevus was granted a new U.S. patent covering the use of pagoclone for the treatment of stuttering.

Indevus Pharmaceuticals Inc. recently received marketing approval from U.S. health regulators for their cancer therapy Valstar, withdrawn in 2002 due to impurities in the original formulation. Indevus said in a regulatory filing that they obtained approval from the U.S. Food and Drug Administration on their supplemental new drug application for Valstar. The Company plans to market Valstar during the second half of 2009. In 1998, Valstar received approval as a treatment for bladder cancer in patients who were not candidates for bladder removal.

Last month, a subsidiary of Endo Pharmaceuticals Holdings, BTB Purchaser Inc., successfully acquired 78 percent of the outstanding stock in Indevus Pharmaceuticals Inc. for $276 million and made an offer to acquire the rest of Indevus' stock outstanding.

Last week, Endo Pharmaceuticals announced that they extended the subsequent offering period of the tender offer by their wholly owned subsidiary, for all of the outstanding shares of common stock of Indevus Pharmaceuticals, Inc. The subsequent offering period will now expire at 5:00 p.m., (EST) Friday, March 13, 2009.

Indevus Pharmaceuticals Inc. (IDEV) closed today at $5.70 up $0.05 or 0.88 percent. Volume was 604,244 for a 3-month average of 1,969,370.

MultiCell Technologies, Inc. (MCET)

HotOTC.com, Cool Penny Stocks, and StockEgg.com reported recently on MultiCell Technologies, Inc. (MCET), Stocks in the Spotlight did previously, and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Headquartered in Woonsocket , Rhode Island , MultiCell Technologies, Inc. is an integrated biopharmaceutical company. Trading on the OTCBB, their focus is on the development of breakthrough therapeutics based on a portfolio of therapeutic candidates and patented drug development technologies. The Company plans to pursue strategic alliances to better penetrate the various markets for their therapeutics.

The Company's drug development program focuses on the modulation of the immune system. Their lead drug candidates include drugs to treat multiple sclerosis (MS)-related chronic fatigue, relapsing-remitting MS, type-1 diabetes, and infectious disease. MultiCell Technologies, Inc.'s therapeutic pipeline includes MCT-125, directed at treating chronic fatigue in MS patients. MCT-125 completed a 138 patient Phase II clinical trial and demonstrated strong efficacy in reducing fatigue in MS patients. 

The Company also has their MCT-175, targeting relapse-remitting MS. MCT-175 targets disease specific autoaggressive T-cells that destroy the myelin sheath of nerve cells. It is in preclinical development for the treatment of relapsing-remitting MS. MultiCell has their MCT-275 for the treatment of type-1 diabetes. MCT-275 targets disease-specific autoaggressive T-cells that destroy insulin-producing cells in the pancreas. It is in preclinical development.

In addition, the Company has their MCT-465, addressing influenza A infection. MCT-465 in preclinical studies successfully reduced pulmonary influenza virus levels 1,000-fold in animal models. It has demonstrated effectiveness in reducing virus levels of HIV and HCV in animal models.

MultiCell also specializes in developing primary cell immortalization technologies. This is to produce cell-based assay systems for use in drug discovery. It is also for the production of therapeutic proteins.

Their immortalized human hepatocyte BioFactories™ continues to secrete a range of proteins. These include clotting factors and alpha-1-antitrypsin that are virtually indistinguishable from plasma-derived proteins. MultiCell looks for strategic partners to co-develop genetically engineered producer cells that secrete correctly processed proteins in mass culture.

MultiCell Technologies, Inc. (MCET) closed today at $0.0175 up $0.0076 or 76.77 percent. Volume was 25,813,977 significantly higher than the 3-month average of 334,312.

World Am Inc. (WOAM)

Today we are highlighting World Am Inc. (WOAM), here at the QualityStocks Daily Newsletter.

World Am Inc. is a holding company with a corporate mission to identify, acquire, and develop commercially viable innovative technologies. Trading on the OTCBB, the Company has their headquarters in Newport Beach , California . Their current business plan is to continue to develop their two operating subsidiaries, Senz-It and Isotec, into becoming profitable enterprises. They also plan to acquire additional companies and technologies to increase the value of their Company overall. In addition, plans for World Am Inc. may involve the sale or spin-off of business units as deemed appropriate.

World Am Inc. first intends to invest in one or more companies to be formed or acquired and then grown in cooperation with Select University Technologies, Inc. (SUTI). SUTI has developed a combination of proprietary tools and methodologies. This is to select and incubate technology projects with high commercialization potential. Through the investment of its funds, The Company intends to support financially each target project selected. This is from initial operations through cash flow breakeven and profitability.

The Company's Senz-It Inc. subsidiary intends to manufacture sensors in the field of rapid detection. They provide innovative advancements in the field of micro-sensors that have a wide application in Homeland Security, Indoor Air Quality Monitoring, Food Safety, and Water Quality. Senz-It Inc. designs their products to identify patterns of molecules present in liquid and gases faster and for significantly less cost than current processes.

The Company's Isotec subsidiary provides Isotec Transparent Security products. Isotec's product and market development areas include design and manufacture of automated passage/weapons control systems, and customization of automated passage/weapons control systems for site-specific applications. They also include development and marketing of innovative security systems for use in conjunction with Isotec or other vendor systems, as well as custom design and manufacturing of security system components.

World Am Inc. (WOAM) closed today's session at $0.0005 down $0.0001 or 16.67 percent. Volume was 23,513,625.

New Generation Biofuels Holdings, Inc. (NGBF)

Red Chip reported earlier on New Generation Biofuels Holdings, Inc. (NGBF) and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Headquartered in Lake Mary, Florida, New Generation Biofuels Holdings, Inc. is a renewable fuels provider. They have an exclusive license for North America, Central America, and the Caribbean to commercialize proprietary technology to manufacture alternative biofuels from vegetable oils and animal fats. As part of the Specialty Chemicals industry, New Generation Biofuels trades on the NASDAQ Capital Market. Their process consists of a simple, precise, additive blending process in an emulsion. The process manages the properties of vegetable oil at the point of combustion.

New Generation Biofuels is marketing their proprietary biofuel as a lower cost, renewable alternative energy source with significantly lower emissions than traditional fuels. They are working on establishing direct sales from manufacturing plants that they may purchase or build. They also will consider sublicensing their technology to qualified licensees.

The Company's mission is to market a new class of biofuel for different markets. Key applications for their proprietary biofuels include power generation fuel to replace #2 oil and kerosene in combustion turbines, as well as power generation fuel to replace #2 or #6 fuel oil in existing power boilers. Another application is as heating fuel to replace #2, #4, or #6 fuel oil in boilers and generators. In addition, applications also include marine engines, off road-transport, and general industrial applications.

In October of 2008, New Generation Biofuels Holdings Inc. announced that they signed a sales agreement with Taunton State Hospital in Taunton, Massachusetts to provide renewable biofuel. The hospital will be the first facility to use New Generation Biofuels' product in their industrial boilers.

In late January of this year, New Generation Biofuels Holdings Inc. announced the signing of a Memorandum of Understanding with First Florida Biofuels, LLC. New Generation Biofuels will provide technology and expertise for the development of a potential joint venture. The purpose is to explore and pursue biofuel projects in Florida . First Florida Biofuels will provide their marketing expertise and will arrange financing for the projects.

In February, New Generation Biofuels' announced that construction of their first commercial-scale facility in Baltimore , Maryland reached substantial completion. The Baltimore facility has a nominal production capacity of 5 million gallons per year. However, it is expandable to as much as 50 million gallons per year to support growth in demand for biofuel.

Last Friday, Progress Energy Florida, a subsidiary of Progress Energy (NYSE: PGN), announced that they recently conducted a successful test burn of New Generation Biofuels' proprietary biofuel at the Bartow plant in St. Petersburg, Florida. The testing is important to determine the fuel's potential for use as part of Progress Energy's renewable energy portfolio. The test program is evaluating the technical and environmental performance characteristics of New Generation Biofuel's products as a light off fuel and for flame stabilization in a boiler application. Progress Energy provides electricity and related services to over 1.6 million customers in Florida .

Progress Energy's Strategic Engineering section led the trial. It included representatives from New Generation Biofuels and the University of Florida 's Integrated Product and Process Design (IPPD) program. The researchers involved in the trial are reviewing the data collected during the test burn. Additional biofuel research may include a larger scale boiler test and/or small scale, laboratory testing.

"We are pleased to be working with Progress Energy as we demonstrate our second generation biofuel in boiler applications," said New Generation Biofuels' President and CEO David A. Gillespie. "Progress Energy is taking a leadership role and we look forward to continuing to develop our relationship, bringing low-cost, environmentally friendly renewable energy to the state of Florida ."

New Generation Biofuels Holdings, Inc. (NGBF) closed today's session at $0.6821 down $0.0579 or 7.82 percent. Volume was 10,125 shares for a 3-month average volume of 37,991.80.

Sigma Designs Inc. (SIGM)

Greenbackers, Small Cap Review, Penny Review, reported last week on Sigma Designs Inc. (SIGM), Street Insider, Knobias, Barchart.com, Small Cap Investor, The Stock Advisors, Vital Stocks, Zacks, InvestorPlace.com did previously, and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Headquartered in Milpitas , California , Sigma Designs Inc. develops and markets high-performance, highly integrated System-on-a-Chip (SoC) semiconductors. Founded in 1982, the Company trades on the NASDAQ, and they have sales offices in China, Europe, Hong Kong, Japan, and Taiwan. Sigma Designs develops their products for the IPTV Set-top Boxes, Blu-ray Players/Recorders, HDTVs, Digital Media Adapters, Portable Media Players, and UWB (Ultra-Wideband) Connectivity Products markets.

Sigma also offers complete reference designs for the different market segments they serve. Some of their industry "firsts" include DVD decoder with support for DivX™, DVI, and up scaling to HDTV. Other technologies include MPEG-4.2 HD video decoding, MPEG-4.10 (H.264) HD video decoding, WMV9 HD video decoding, and WMA audio decoding.

In addition, they developed the Single-chip solution for Microsoft® Media Center Extender (MCX) technology, and the Single-chip solution for HDTVs that support MPEG-4.10 (H.264), Dolby® Digital Plus, DLNA, and Microsoft® MCX. On top of all that, they developed the "Secure Media Processor" architecture.

The Company's products sell globally via a direct sales force and distributors. Sigma believes that their field-proven technology represents one of their key competitive advantages. Their technology is now in its seventh generation of silicon and equivalent evolution of software. Sigma Designs Inc. continues to invest and build on the above-mentioned main technology foundations to provide the highest quality digital video/audio solutions possible to their customers.

Today, Sigma Designs Inc. (SIGM) closed at $14.19 down $0.91 or 6.03 percent. Volume was 872,356 for a 3-month average volume of 618,592.

StemCells Inc. (STEM)

Greenbackers and Momentum Traders reported today on StemCells Inc. (STEM), Stock Egg, HotOTC, Standout Stocks, The Stockster, Today's Financial News, Knobias did previously, and we highlight the Company, here at the QualityStocks Daily Newsletter.

StemCells Inc. is a clinical-stage biotechnology company headquartered in Palo Alto , California . They engage in the discovery, development, and commercialization of cell-based therapeutics to treat diseases of the central nervous system (CNS) and liver. The Company's corporate mission is to harness the promise offered by stem cell technology towards the treatment, and possibly, the cure of a broad range of intractable human disease. StemCells Inc. trades on the NASDAQ Global Market.

StemCells Inc.'s product development programs look to repair or repopulate central nervous system and liver tissue damaged or lost due to disease or injury. StemCells Inc. pioneered the discovery and development of HuCNS-SC® cells. These are their highly purified, expandable population of human neural stem cells.

In January 2009, StemCells completed a six patient Phase I clinical trial of their proprietary HuCNS-SC product candidate. This product is a treatment for neuronal ceroid lipofuscinosis (NCL). NCL, or Batten disease, is a rare and fatal neurodegenerative disease that affects infants and young children. StemCells has also received approval from the US Food and Drug Administration (FDA) to initiate a Phase I clinical trial of the HuCNS-SC cells to treat Pelizaeus-Merzbacher Disease (PMD). This rare and fatal brain disorder primarily affects young children.

StemCells owns or has exclusive rights to over 50 issued or allowed U.S. patents and more than 150 granted or allowed non-U.S. patents.

The Company uses a search methodology to isolate rare stem and progenitor cells from human tissues. They have found the human neural stem cell, a candidate human liver stem cell, and a candidate pancreas stem cell. The Company has issued patents or pending patent applications on these three cell types.

On March 2, 2009, StemCells, Inc. and Stem Cell Sciences plc (AIM: STEM) (ASX: STC) announced that they entered into a definitive agreement where StemCells will acquire the operating subsidiaries and certain related assets of Stem Cell Sciences. They will acquire this for 2,650,000 shares of StemCells common stock and approximately $715,000 in cash. Stem Cell Sciences focuses on commercializing applications of stem cell technologies for drug discovery and regenerative medicine research. Stem Cell Sciences plc is a UK-based company.

StemCells Inc. (STEM) closed at $1.98 up $0.60 or 43.48 percent. Volume was 26,096,780 significantly higher than the 3-month average volume of 4,348,670.

Alon USA Energy Inc. (ALJ)

Wall Street Resources, Growth Stock Wire, and Knobias reported earlier on Alon USA Energy Inc. (ALJ), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Alon USA Energy, Inc. is an independent refiner and marketer of petroleum products. Headquartered in Dallas , Texas , they operate mainly in the south central, southwestern and western regions of the United States . Trading on the New York Stock Exchange (NYSE), the company markets gasoline and diesel products under the FINA brand name and is a leading producer of asphalt.

Alon USA Energy Inc. owns four crude oil refineries located in Texas , California , Louisiana and Oregon . These refineries have a total crude oil output capability of approximately 250,000 barrels per day. The company also operates over 300 convenience stores primarily in West Texas and New Mexico . Most of these are under the 7-Eleven and FINA brand names. The company supplies motor fuels to these stores mainly through their Big Spring refinery. Alon also supplies approximately 700 additional FINA branded locations.

ALON also offers an Asphalt Product line. This includes asphalt cements and modified asphalt cements, cutbacks, and performance grades for paving and specialty needs. The company also provides their expertise with Aromatic Solvents to meet their U.S. Oil and Chemical customers' needs.

The Company's Alon Asphalt - Bakersfield manufactures a variety of Cationic and Anionic asphalt emulsions. These are for road construction, overlay, maintenance, cold mix binder, rejuvenation, and preservation.  Alon Asphalt – Bakersfield also manufactures a sealer/rejuvenation specialty emulsion, TOPEIN®C. This TOPEIN®C is a homogenous emulsion of TOPEIN® and selected asphaltene resins.  They specifically formulated this emulsified rejuvenator for extending the life of asphalt pavements, and asphalt pavement surface treatments.

In 2008, Alon announced internal restructuring initiatives and management changes to manage growth they are experiencing due to their purchase of the Krotz Springs refinery from Valero Energy Corp. in July of last year. The purchase of the Krotz Springs refinery was a $473 million transaction and it tripled Alon USA Energy Inc.'s refining capacity.

Alon USA Energy Inc. (ALJ) closed today's session at $10.50 up $1.69 or 19.18 percent. Volume was 472,149 for a 3-month average volume of 228,643.

The QualityStocks Company Corner

Axial Vector Energy Corp. (AXVC)
GTX Corp (GTXO)

Nexia Holdings, Inc. ( NXHD)
AM Oil Resources & Tech(AMOR)

Axial Vector Energy Corporation (AXVC)

The QualityStocks Daily Newsletter would like to spotlight Axial Vector Energy Corp. (AXVC). Today, Axial Vector Energy Corp. closed trading at $0.11, which was up $0.03 or 37.50 percent. Their volume today was 389,589 shares. Their 3-month average volume is 111,462.

Axial Vector Energy Corporation (AXVC) announced the formation of a Joint Venture with Petrosonics, LLC of Reno, Nevada.

Axial Vector Energy Corporation (AXVC) a publicly traded, development-stage company providing global energy solutions, develops multi-fuel engines and generators for use primarily in military and commercial applications.

Founded in 2002, with headquarters in Portland, Oregon, Axial Vector - through a joint venture agreement with Adaptive Propulsion Systems, LLC - develops and manufactures their engines and generators with an eye toward environmental responsibility and social benefit.

Axial Vector Energy Corporation owns, develops and licenses a technologically advanced suite of internal combustion engines and electric power generation modules. The company has also developed the world's only “coreless” no iron electric motors, which consume one half the electricity of conventional electric motors.

These cutting-edge technologies are focused on fulfilling global engine and energy needs by delivering greater fuel-efficiency, cost effectiveness, versatility, and environmental sensitivity than ever before in venues from the commercial to the industrial, including the vehicular and military sectors. Disclaimer

Axial Vector Energy Corporation Blog

Axial Vector Energy Corporation News:

Axial Vector Energy Company Announces Formation of a Joint Venture With Petrosonics, LLC

Axial Vector Updates Investment Community

Axial Vector Energy Corp. Summarizes Highlights of Investor Conference Call

 

GTX Corp (GTXO)

The QualityStocks Daily Newsletter would like to spotlight GTX Corp (GTXO). Today GTX Corp closed trading at $0.068, which was up $0.01 or 17.24 percent. Their volume today was 378,405 shares. Their 3-month average volume is 277,718 shares.

GTX Corp is focused on developing miniaturized GPS tracking and cellular location-transmitting technology platforms for integration into a wide variety of branded licensee consumer products. The company's patented Personal Location Services (PLS) platforms feature miniaturized, always-on Assisted-GPS tracking and wireless location-reporting technologies that provide continuous real-time coordinates.

Since inception, the company has been dedicated to creating patented GPS/GPRS/GSM technologies and establishing key relationships with licensed, branded partners to bring real-time tracking solutions to an assortment of consumer products. GTX Corp plans to integrate its gpVector™ units in a host of lifestyle products and applications used to track children, those afflicted with Alzheimer's, outdoor adventurers, military personnel, police, fire, and public safety workers, and nearly any highly valued asset.

According to Frost & Sullivan, the market for personal location services is expected to grow to an $8 billion dollar industry by 2011. GTX Corp has established a pioneering position within the industry by spending more than$3 million in research and development over the past six years, and is poised to grow rapidly as the global demand for GPS devices continues its explosive growth.

The company is led by CEO, Founder and Chairman Mr. Patrick Bertagna who has more than 25 years experience building companies. He began his career importing apparel from Europe and later went on to design and manufacture a full line of clothing, accessories and footwear in over 20 countries, with sales exceeding $27 million. He later began transitioning into the world of software technology and founded Barcode World, Inc., an international supply chain management application company that grew to 450 premier branded accounts. Disclaimer

GTX Corp Corporation Blog

GTX Corp News:

Validation of 2-Way GPS Marketplace Shifts Demand From Technology to Customizable Applications

Nexia Holdings, Inc. ( NXHD)

The QualityStocks Daily Newsletter would like to spotlight Nexia Holdings, Inc. (NXHD) Today, Nexia Holdings, Inc. closed trading at $0.0001, for no change. Their volume today was 10,008,054 shares.

Nexia Holdings, Inc. is a diversified holdings company with operations in health and beauty, fashion retail, and real estate. Currently, the company owns two salons, one retail store, one online retail store and three commercial properties.

The two salons, Landis Lifestyle Salon and Landis Salon, are both located in Utah. Landis Lifestyle Salon, located in Salt Lake City, is an Aveda™ Lifestyle Salon, while Landis Salon, located in Bountiful, is an Aveda™ Concept Salon. Nexia plans to grow the Landis brand to a national level with up to 5 locations in the Salt Lake region before executing a national expansion plan that could include franchise opportunities.

The retail store, operated by subsidiary Black Chandelier, sets itself apart from clothing giants such as The Gap, Hot Topic, and Target by offering eco-friendly fabrics, in-house sewers and silk screeners, and crazy models like Lisa D'Amato. The store was designed to be a tourist attraction that offers an innovative retail shopping experience.

Nexia also has more than a decade of experience acquiring undervalued properties in the area of Salt Lake City. The company's existing portfolio includes the historic Wallace-Bennett Building (a 38,000 sq. ft. multi-story office building in Salt Lake City), a 7,000 sq. ft. one-story retail building on State Street in Salt Lake City, and 100,000 sq. ft. building on Sam's Boulevard in Kearns. The company also owns seven small parcels of undeveloped raw land in Utah and Kansas.

Disclaimer

Nexia Holdings, Inc. Daily Blog

Nexia Holdings, Inc. News:

Nexia Set to Acquire $500,000 of ARIO Preferred Stock

CEO of Nexia Holdings, Inc. (OTCBB: NXHD) Conducts Exclusive Webcast Interview With "The Green Baron Report"

Nexia Signs Letter of Intent to Acquire Subdivision for $2M in Series C Preferred Stock

 

AM Oil Resources & Technology, Inc. (AMOR)

The QualityStocks Daily Newsletter would like to spotlight AM Oil Resources & Technology, Inc. (AMOR) Today AM Oil Resources & Technology, Inc. closed trading at $0.26, for no change. Their volume today was 76,950 shares. Their 3-month average volume is 67,907 shares.

AM Oil Resources & Technology Inc. is focused on becoming the premier provider of environmentally friendly thermal extraction technologies for the oil field in both domestic and international markets. The company's fully patented technology has been proven to be highly effective in harvesting a greater amount of oil from marginally producing “stripper wells.”

The average daily production of the 480,000+ stripper wells existing in the U.S. today is less than 2.1 barrels. Once the production of these wells falls below a profitable level, operators can either shut-in the wells, abandon the wells and cease production, or continue to produce at a loss. However, according to the U.S. Department of Energy, stripper wells have yielded, on average, only 20% of the total amount of oil in the reserve. Unless a secondary oil recovery method is used, the remaining 80% stays in the ground unusable forever.

Through the utilization of the Company's innovative recovery technologies, it is possible to recover over 50% of the oil remaining at increased production efficiencies. The management team believes that applying the company's proprietary technologies to marginal wells, with known reserves, will earn a profitable niche in the U.S. petroleum industry. AM Oil is ideally positioned to profit from rising global demand for oil by providing an environmentally safe and cost-effective method of maximizing oil production from existing wells. Disclaimer

AM Oil Resources & Technology, Inc. Daily Blog

AM Oil Resources & Technology, Inc. News:

AM Oil Res & Technology Inc.: Rated ¿Speculative Buy,¿ Target Price $0.63 by Beacon Equity Research

AM Oil Resources & Technology Inc. Targets Bakersfield Oil Industry

AM Oil Resources & Technology Appoints Keith Johnson as New CEO

 

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The QualityStocks Daily Newsletter brings you the latest company News and Profiles featuring the "Top Movers and Shakers" from the Small Cap Market each trading day. QualityStocks is committed to bring our subscribers Public companies in our Newsletter Section "Free of Charge" based on Percentage gained, Momentum, Press, and or Company Fundamentals.

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