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Today's Top 3 Investment Newsletters

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Trading Markets (AIG)

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Penny Pic (NVNC)

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Wall Street Resources (CXTO)


The QualityStocks Daily

SofTech Inc. (SOFT)

Today we highlight SofTech Inc. (SOFT), here at the QualityStocks Daily Newsletter.

Founded in 1969, SofTech Inc. is a provider of Product Lifecycle Management (PLM) solutions. Headquartered in Lowell, Massachusetts, the Company has software development centers at Lowell and in Troy, Michigan. The Company also operates sales and service offices in the U.S., Germany, Italy, and France, with distribution partners throughout Asia and Europe.

SofTech, Inc.'s solutions include their flagship ProductCenter™ PLM solution, and their computer-aided design and manufacturing (CAD/CAM) products, including CADRA™ and Prospector™.  The ProductCenter™ PLM automates product data and lifecycle processes. Their solutions speed up products and profitability by fostering innovation, extended enterprise collaboration, product quality improvements, and compressed time-to-market cycles. Users who benefit from SofTech software solutions include General Electric Company, Goodrich, Honeywell, Siemens, Sikorsky Aircraft, U.S. Army, and Whirlpool Corporation.

In April, SofTech announced financial results for the third quarter of Fiscal Year 2009 (quarter ended February 28, 2009). Revenue was approximately $2.2 million for quarter three 2009, as compared to $2.4 million for quarter three 2008 (quarter ended February 29, 2008). The Company’s profitability improved substantially, with net income increasing by approximately $338,000, from a loss of $133,000 ($.01 per share) in quarter three 2008, to net income of approximately $205,000 or $.02 per share in quarter three 2009.

In early June, SofTech, Inc. announced their ProductCenter™ PLM Discovery Program as a means for companies to achieve the benefits of a PLM solution without the uncertainty of whether or not they have invested in the right technology or long-term partner. They designed the program so that in one week a live PLM solution will be functional. This is with a company using their own product data in their own environment.

Last week, SofTech, Inc. announced that they are celebrating forty years in business. Since the Company began in June 1969, SofTech is continuing with their original focus. This is to deliver premier software solutions and support to their global clients.
Jean Croteau, SofTech’s President, stated, "SofTech appreciates that our success is built on valuing both our customers and employees. We are committed to meeting our customers' needs by continuing to deliver innovative solutions that accelerate products and profitability, thereby enabling our customers to achieve superior competitiveness and business performance."

SofTech Inc. (SOFT) closed today's session at $0.12 up $0.03 or 33.33 percent. Volume was 5,000 for a 3-month average volume of 7,864.

Golden Phoenix Minerals Inc. (GPXM)

Today we highlight Golden Phoenix Minerals Inc. (GPXM), here at the QualityStocks Daily Newsletter.

Founded in 1997, Golden Phoenix Minerals Inc. acquires, develops, and mines precious and strategic metal deposits in North America. The Company focuses their efforts on properties that contain deposits of gold, silver, molybdenum, and other minerals. Golden Phoenix Minerals, Inc. is an OTCBB traded company. They have their corporate headquarters in Sparks, Nevada. 
 
The Company owns the Mineral Ridge gold and silver property near Silver Peak, Nevada. They also own the Northern Champion molybdenum mine in Ontario, Canada. Golden Phoenix Minerals Inc. was also manager/operator and the majority owner of the Ashdown Project LLC gold and molybdenum property. The Ashdown mine is 293 unpatented lode mining claims covering nine square miles in Humboldt County, Nevada. The Company and Win-Eldrich Mines Ltd. of Toronto held this property jointly. Win-Eldrich owns their share through their U.S. subsidiary Win-Eldrich Gold Inc.

In May, Golden Phoenix Minerals, Inc. announced that they entered into definitive agreements to sell all of their interest in the Ashdown Project LLC to Win-Eldrich Gold, Inc. Golden Phoenix will receive a purchase price of US $5.3 million to be satisfied by the issuance of a limited recourse secured promissory note for US $5.3 million. The note bears interest at prime plus 2 percent computed from April 1, 2009, for a term of 72 months, with the first payment due in May 2010.

Golden Phoenix's Mineral Ridge Gold & Silver Mine gold deposits are on the northeast portion of the Silver Peak Mountain Range in Esmeralda County, Nevada. Records show the mine historically produced 680,000 ounces of gold. It has underground workings and open pits, and has a six-acre heap leach operation, ADR facility, and high volume crusher plant.

The Northern Champion mine is in south-central Ontario, Canada, near the town of Renfrew.  This approximately 700-acre claim group contains molybdenite deposits in two different types of formations located near the surface. Golden Phoenix acquired the mine and a NI 43-101 Technical Report in 2006.

Golden Phoenix Minerals Inc. looks for properties that are near production. They also seek properties that have the potential for additional discoveries. The Company desires to acquire properties through purchase or partnership agreements.

Golden Phoenix, as announced on May 28, 2009, entered into a Standstill agreement with Scorpio Gold. This is for completing due diligence and negotiating final terms prior to entering into a definitive joint venture agreement between the parties and potentially restarting gold and silver production at the Mineral Ridge mine, located in Esmeralda County, Nevada.

Last week, Golden Phoenix announced that Scorpio Gold Corporation completed their initial due diligence on the Mineral Ridge property. Under the terms of the Standstill agreement, Scorpio advised Golden Phoenix that they wish to proceed with the transaction and commence negotiating a definitive joint venture agreement.

Golden Phoenix Minerals Inc. (GPXM) closed today's trading session at $0.025 up $0.005 or 25.00 percent. Volume was 440,500 for a 3-month average volume of 283,052.

Novo Energies Corporation (NVNC)

Pennypic reported on Novo Energies Corporation (NVNC), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Novo Energies Corporation is a renewable energy company with offices in New York, New York, and Montreal, Quebec, Canada. Trading on the OTCBB, the Company has developed and designed a new process, through their new subsidiary, which combines Thermolysis and Gasification to transform plastics and tires waste to liquid fuels. Novo Energies Corporation is working to become a leader in the waste to energy industry.

The Company's corporate mission is to continue expanding within the renewable energy sector by developing and implementing renewable energy solutions. They are doing this while maintaining their commitment to conserve energy and help reduce pollutants and unwanted wastes

Yesterday, Novo Energies announced that they have begun the process of forming their renewable energy plastic and tire waste-to-liquid fuel subsidiary - WTL Renewable Energy, Inc. They will establish WTL as a Canadian Federal Corporation and wholly owned subsidiary of Novo.  Based upon a novel technology, WTL will initially plan, build, own, and operate renewable energy plants throughout North America. These plants will transform residual plastics and tires to valuable liquid low carbon fuels such as diesel, gasoline, and fuel additives.

WTL Renewable Energy, Inc. anticipates entering into long-term supply contracts with waste generators. These include municipalities and commercial operations. Their forecast, based on supply negotiations and evaluation, enables them to construct at least 12 plants annually on a long-term basis.

Their business strategy is to install small to medium capacity plants of 15 tons/day plastic waste and/or 30 tons/day tire waste to generate approximately 60 barrels/day of fuel oil or fuel additives. These will provide Novo Energies Corporation with projected daily revenues of approximately $10,000 and annual revenues in excess of $3,000,000 per plant.

Novo Energies Corporation (NVNC) closed Wednesday's session at $1.00 up $0.78 or 354.55 percent. Volume was 797,805 significantly higher than the 3-month average of 3,712.

Insight Health Services Holdings Corp. (ISGT)

Today we report on Insight Health Services Holdings Corp. (ISGT), here at the QualityStocks Daily Newsletter.

Headquartered in Lake Forest, California, Insight Health Services Holdings Corp. is a nationwide provider of diagnostic imaging services. As an OTCBB-traded enterprise, the Company serves patients, physicians, managed care entities, hospitals, and other contractual customers, and they do this in more than 30 states. This includes the targeted regional markets of California, Arizona, New England, the Carolinas, Florida, and the Mid-Atlantic states. The Company's goal is to be the provider of choice in each community they serve.

Founded in 1982, Insight Health Services Holdings Corp. provides diagnostic imaging services via a network of fixed-site centers and mobile facilities. The Company's services include magnetic resonance imaging (MRI), Open MRI, computerized tomography (CT), positron emission tomography (PET), and combined PET/CT. They serve over 600,000 patients across the United States yearly through a network of approximately 61 fixed site imaging centers and more than 100 mobile diagnostic imaging units. They are one of the largest integrated providers of diagnostic imaging services in the U.S.

Insight provides turnkey imaging solutions and individualized partnership opportunities for physicians, hospitals, clinics, radiology groups, and other healthcare providers. Last month, InSight Health Corp. announced that they reached a three-year agreement with Quorum Health Resources, a leading national hospital management company based in Brentwood, Tennessee. This is for Insight to become a contracted supplier of diagnostic imaging mobile-shared services. Insight will provide Quorum's network of approximately 150 client hospitals access to MRI, CT, and PET/CT.

"We are very excited to partner with QHR as its strategic service provider of diagnostic imaging services,” said Steven M. King, executive vice president of sales and marketing for the Company. “With the economy affecting our already fragile healthcare system, it is imperative that we continue to form strategic partnerships with hospital networks such as QHR, so that we can provide a fiscally responsible solution for their short and long term imaging needs."

Insight Health Services Holdings Corp. (ISGT) closed today at $0.08 up $0.04 or 77.78 percent. Volume was 24,000 for a 3-month average volume of 6,848

Finlay Enterprises Inc. (FNLY)

We are highlighting Finlay Enterprises Inc. (FNLY) today, here at the QualityStocks Daily Newsletter.

Headquartered in New York, New York, Finlay Enterprises, Inc., through their subsidiary Finlay Fine Jewelry Corporation, engages in the retail of fine jewelry in the United States. The Company operates licensed fine jewelry departments in department stores for retailers. They also operate stand-alone jewelry stores with a focus on the luxury markets. Founded in 1887 as a mail order house for fine jewelry, Finlay Enterprises Inc. trades on NASDAQ's OTCBB.

Finlay is one of the leading retailers of fine jewelry and the largest operator of licensed fine jewelry departments in department stores throughout the United States. Finlay Enterprises, as they did in the past, returned to operating freestanding luxury stores with the acquisition of Carlyle & Co. Jewelers in May 2005.  Carlyle operates stores located primarily in the southeastern United States under the Carlyle, J.E. Caldwell, and Park Promenade names. In November 2006, Finlay added Congress Jewelers, a group of stores located in Southwest Florida.

The newest addition to the Finlay family is Bailey Banks & Biddle, which the Company acquired in November of 2007. The addition of this prestigious brand helps to significantly increase Finlay's share of the luxury fine jewelry market.  Finlay Enterprises Inc. operates in 476 locations in the United States, including 68 Bailey Banks & Biddle, 34 Carlyle, and 5 Congress specialty jewelry stores.

Finlay Enterprises Inc. sells fine jewelry as fashion accessories, which include necklaces, earrings, bracelets, rings, and watches. The Company also sells gold, designer jewelry, diamonds, precious gemstones, and giftware. The Company also offers jewelry and watch repair services.

On June 16, 2009, Finlay Enterprises, Inc. provided an update on the execution of their strategic plan. The Company continues to execute on their previously announced plan to exit the department store channel, consolidate certain of their underperforming specialty stores, and reorganize around their better performing specialty stores.

Finlay Enterprises Inc. (FNLY) closed Wednesday's session at $0.05 up $0.01 or 11.11 percent. Volume was 5,000 shares for a 3-month average volume of 28,600.

Cheetah Oil & Gas Ltd. (COGL)

We are highlighting Cheetah Oil & Gas Ltd. (COGL), here at the QualityStocks Daily Newsletter.

Cheetah Oil & Gas Ltd. engages in the acquisition, exploration, and development of petroleum and natural gas properties. Their corporate mission is to build the Company into a strong Oil & Gas exploration and development company. With headquarters in Nanaimo, British Columbia, the Company trades on NASDAQ's OTCBB. Cheetah continues to evaluate North American energy projects that are reasonably obtainable and can deliver long-term value to shareholders.

Recently the Company announced that on April 3, 2009, Cheetah Oil & Gas agreed to purchase producing Oil & Gas Assets in the State of Mississippi. The Company acquired an 8 percent Working Interest in the Belmont Lake field. This field has current production of 130 bbl/d of light oil from two producing wells. The Belmont Lake field has proven reserves of 400,000 bbl's of oil. It is open to further development and exploration upside, according to Cheetah Oil & Gas Ltd.

Included in the Company's purchase is an option to drill wells on over 132,000 acres of exploration lands. These are lands that have extensive existing 2-D and 3-D seismic coverage. Project operators identified multiple targets for potential future drilling. Cheetah Oil & Gas Ltd. has a 40 percent Working Interest in the option on these exploration wells over these lands. The total purchase price of the assets was approximately $186,000. This amount works out to a flowing bbl metric of less than $18,000.00, under $6.00 per barrel of proven reserves per Cheetah Oil & Gas Ltd.'s 8 percent Working Interest.

The Company continues their transition towards becoming a producing oil & gas company, and the Belmont Lake acquisition helps them further these goals.  The Belmont Lake project provides the Company with immediate cash flow. In addition, there are proven probable development locations that Cheetah believes will increase production and cash flow by a significant amount once the Company develops them.

Cheetah Oil & Gas Ltd. (COGL) closed today's trading session at $0.018 up $0.013 or 252.94 percent. Volume was 14,652 for a 3-month average volume of 55,288.

Adama Technologies Corp. (ADAC)

Today we are highlighting Adama Technologies Corp. (ADAC) as "One to Watch", here at the QualityStocks Daily Newsletter.

Headquartered in Tel Aviv, Israel, Adama Technologies Corp. is a "Brownfield remediation" company. The Company's patented technology is the foundation of their operations. The technology successfully treats all Resource and Recovery Act (RCRA) and Universal Treatment Standards (UTS) metals. This technology successfully completed the U.S. (EPA) "SITE" program and is available for commercial use. Adama Technologies Corp. trades on the OTCBB.

Brownfields are sites affected by the former uses of the site or surrounding land. These sites are derelict or underused and may have contamination problems. Management of contaminated land means looking for ways to manage or eliminate risks, however, the primary objective of Brownfield redevelopment is the reuse of the land and the reintegration of the properties into the economic cycle.

Adama Technologies Corp. utilizes their $60,000,000 patented MBS (Molecular Bonding System) technology. Adama commitment is to providing long-term permanent solutions to hazardous heavy metal waste problems. Their MBS technology successfully treats metals including arsenic, cadmium, chromium, lead, mercury, and many others. In addition, this technology has the ability to treat difficult waste streams along with being able to treat multiple metals with different solubility points.

Applications for the Company's technology include soils, sludges, ashes, baghouse dusts, and barrel wastes. The MBS technology has major cost advantages over hazardous waste landfill and alternative remedial technology options. There are an estimated 450,000-plus Brownfields in the United States. Cleaning up and reinvesting in these properties increases local tax bases, facilitates job growth, and utilizes existing infrastructure. It also takes development pressures off undeveloped, open land, and improves and protects the environment.

In May of this year, Adama Technologies Corp. announced that their management successfully consummated the acquisition of the license for their technology. The technology is the soil remediation technology, which is able to utilize a solid phase chemical stabilization process. Toxic metals undergo conversion rapidly and permanently to non-hazardous, insoluble, non-leachable states.
"This acquisition represents a giant leap forward for Adama," stated Aviram Malik, Chief Executive Officer. The patented technology has passed all EPA requirements and is ready for use immediately. It provides industry and government the ability to reclaim properties that were abandoned long ago."

We're tracking Adama Technologies Corp. (ADAC) on our radar screens as "One to Watch", here at the QualityStocks Daily Newsletter.

Adama Technologies Corp. (ADAC) closed Wednesday's trading session at $0.30 up $0.18 or 150.00 percent. Volume was 26,200 for a 3-month average volume of 2,172.

Access Pharmaceuticals Inc. (ACCP)

Ceocast reported this month on Access Pharmaceuticals Inc. (ACCP), and today we highlight the Company as "One to Watch", here at the QualityStocks Daily Newsletter.

Access Pharmaceuticals, Inc. is an emerging biopharmaceutical company. Headquartered in Dallas, Texas, the Company develops and commercializes propriety products for the treatment and supportive care of cancer patients. Trading on the OTCBB, Access Pharmaceuticals is part of the Drug Manufacturers-Other industry in the Healthcare sector. Founded in 1988, they focus on adding value to product concepts in research by advancing those products through clinical development. They have adopted a semi-virtual model to control costs. In addition, they advance projects by utilizing their experienced clinical and regulatory team and a small team of experienced pharmaceutical scientists.

Access Pharmaceuticals Inc.'s products include ProLindac™, currently in Phase 2 clinical testing of patients with ovarian cancer, and MuGard™ for the management of patients with mucositis. Their other advanced drug delivery technologies include Cobalamin™-mediated targeted delivery and oral drug delivery, the company’s proprietary nanopolymer delivery technology based on the natural vitamin B12 uptake mechanism. Their offerings also include Angiolix®, a humanized monoclonal antibody that acts as an anti-angiogenesis factor. The Company targets this to breast cancer. They also have their Thiarabine, a new generation nucleoside analog that has demonstrated both pre-clinical and clinical activity in certain cancers.

In June, the Company reported that they signed evaluation agreements with two biopharmaceutical companies for their Cobalamin™ Oral Drug Delivery Technology. Both companies plan to evaluate Access' Oral Insulin product in preclinical models as a prerequisite to entering licensing discussions. Access Pharmaceuticals announced previously that they had an agreement with a large pharmaceutical company for the evaluation of Cobalamin oral drug delivery formulations of human growth hormone (hGH).

On Monday, Access Pharmaceuticals Inc. announced that their European partner, SpePharm commenced commercial launch of MuGard in Greece. Under a license from Access Pharmaceuticals, SpePharm is responsible for manufacturing, regulatory approval, and commercialization in the 27 countries of Europe. SpePharm plans to launch MuGard in the rest of Europe over the coming 12 to 18 months. The license agreement includes royalties on net sales to Access Pharmaceuticals. This launch follows previous commercial launches in Germany, Italy, and the United Kingdom.

We have Access Pharmaceuticals Inc. (ACCP) locked on our radar screens as "One to Watch", here at the QualityStocks Daily Newsletter.

Today, Access Pharmaceuticals Inc. (ACCP) closed trading at $2.25 for no change. Volume was 15,164 for a 3-month average volume of 20,999.

The QualityStocks Company Corner

Avalon Oil & Gas, Inc. (AOGN)
Suspect Detection Syst. (SDSS)

Sector 10 Inc. (SECI)
Savoy Energy Corp. (SNVP)

Avalon Oil & Gas, Inc. (AOGN)

The QualityStocks Daily Newsletter would like to spotlight Avalon Oil & Gas, Avalon Oil & Gas, Inc. (AOGN). Today Avalon Oil & Gas, Inc. closed trading at $0.0158. Their volume today was 1,081,321 shares. Their 3-month average volume is 92,551 shares.

Avalon Oil & Gas, Inc. (AOGN) announced that it views the recent price rally in oil as encouraging for the industry and for its near term acquisition plans.

Avalon Oil & Gas, Inc. (AOGN) is an independent domestic oil and natural gas producer focused on leveraging efficient reservoir maintenance and innovative technologies to generate stable cash flows and production. By acquiring a portfolio of oil and gas leases to generate asset growth, the company aims to deliver a sustainable rate of return for their shareholders. Avalon currently owns working interests in Texas, Arkansas, Louisiana, and Oklahoma.

Instead of engaging in exploration and drilling exploration wells, the company invests in underdeveloped properties with existing stable cash flows. This relatively low risk business strategy enables Avalon to realize almost immediate cash flows and allows management to concentrate on expanding production of the acquired oil and gas properties.

The company is also in the process of acquiring a portfolio of new technologies developed for the oil and gas industry. Avalon first evaluates the commercialization potential with regard to technology and market viability, and then if merited, proceeds to rapid prototype development and field testing. The technologies currently under review were developed at leading universities and research labs, including the University of Wyoming and the Lawrence Livermore National Laboratory.

Even during challenging times, the world depends on oil & gas exploration and production companies to deliver millions of barrels of oil every day. Increased demand from emerging countries such as China further escalates competition for this precious resource. With a solid management team and impressive portfolio of leasehold interests and joint ventures, Avalon is well positioned to generate substantial revenues in the short and long term future. Disclaimer

Avalon Oil & Gas Company Blog

Avalon Oil & Gas, Inc. News:

Avalon Management Positive on Energy Pricing and Development Opportunities

Avalon Receives Initial Revenues from Scissortail Energy for the Grace #2 and Grace #5A Wells

Avalon Completes Work-over on the Grace #6 Well

Suspect Detection Systems, Inc. (SDSS)

The QualityStocks Daily Newsletter would like to spotlight Suspect Detection Systems Inc. (SDSS). Today Suspect Detection Systems, Inc. closed trading at $0.25, which was up $0.02 or 8.70 percent. Their volume today was 68,725 shares.

Suspect Detection Systems Inc. (SDSS) has dedicated its efforts to developing innovative Homeland Security, Military Intelligence and Law Enforcement advance technologies based on extensive intelligence and counter-terrorism expertise accumulated in Israel and around the world. The company was founded by former senior officials of Israeli security and senior experts of the high-tech industry.

The company's first advanced line of product, COGITO, is designed to identify malicious intent in various settings and scenarios. The technical solution is comprised of a front-end, the Test Station, and a back-office where multiple-station and multiple-site data is stored, managed and distributed. In a 5 minute test, the system can identify terrorists, employees who have hostile intents, criminals, smugglers or collaborators and direct further interrogation.

The military grade COGITO1003 is a fully automated, stationary "Internal Threat" and Pre Employment and employee integrity screening system. This technology was successfully tested by U.S. Governmental Agencies, Israeli Security agencies and is currently being used by both commercial and governmental customers in Israel, Mexico, India, South Africa and some former Soviet Union countries.

Suspect Detection Systems Inc. aims to assist law enforcement agencies all over the world as they fight against local and international sophisticated organized crime and terrorism. Leveraging its advanced technology and team of experienced professionals, the company provides innovative solutions that can be deployed today to protect the security of tomorrow. Disclaimer

Suspect Detection Systems Company Blog

Suspect Detection Systems News:

Suspect Detection Systems Inc. Completes 2-Year R&D for Cogito4M Military Grade Rapid Interrogation Technology

Suspect Detection Systems Inc. Announces Sale of Mobile Cogito Interrogation System in Central Asia

OTC Select Announces Daily Stock Watch

Sector 10 Inc. (SECI)

The QualityStocks Daily Newsletter would like to spotlight Sector 10 Inc. (SECI) Today, Sector 10 Inc. closed trading at $0.27, for no change. Their volume today was 48,850 shares for a 3-month average volume of 9,194

Sector 10 Inc. announced that they are well positioned as their initiatives and technology gain ground. The Company has already received inquiries from major corporations in the U.S. and internationally for their solutions coupled with proposals for strategic alliances.

Sector 10 Inc. is focused on becoming the world's leading provider of mobile and stationary emergency life response equipment. The company dedicates its efforts to restructuring a fragmented industry with its globally patented Mobile and Stationary Response Unit (”MRU” and “SRU”) product lines and saving lives.

While expanding its global client base, Sector 10 strives to remain rooted in its core competencies and operating principles. The company's strategy is to continue to invest in management and business development, increase efficiency, manage risk and further strengthen our culture. Sector 10 aims to reach corporate profitability and produce a favorable investment environment by establishing a balanced trend of growth and capital management.

The company is perfectly positioned to capitalize on an extremely fragmented industry and dominate its future growth. While billions of tax dollars are wasted in emergency response, little is spent on preparedness. Through Sector 10's pre-deployed solutions, immediate help and safety is available to those who need it most. These systems provide first aid supplies, life saving equipment, occupant tracking through a real-time 3D interface, and emergency communications.

Leading the way at Sector 10 is Pericles DeAvila who serves as the company's CEO, inventor and lead creative thinker. DeAvila is responsible for all strategic, financial and operational aspects of Sector 10 and its associated businesses. DeAvila studied business and construction management in California and also studied at the Institute University of the Azores. He fluently speaks Portuguese, Italian, French, Spanish, as well as English and has entrepreneurial experience nationally and internationally. Disclaimer

Sector 10 Inc. Blog

Sector 10 Inc. News:

SectorWatch.biz: Rethinking Emergency Response

Sector 10, Inc.: U.S. Businesses Face New Challenges as the New 2009/2010 Fire Codes and Regulations Begin to Take Effect

Sector 10's Mobile Response Units (MRU) Generates Humanitarian Interest for Placements Around the World as Mobile Clinics

Savoy Energy Corp. (SNVP)

The QualityStocks Daily Newsletter would like to spotlight Savoy Energy Corp. (SNVP). Today, Savoy Energy Corp. closed trading at $0.35, for no change. Their volume today was 38,850 shares.

Savoy Energy Corp. (SNVP), an independent oil and gas company, is focused on building a diversified portfolio of valuable oil and gas assets in the United States. Incorporated in 1982, the company’s business model is to identify abandoned oil and gas assets, which are then brought online through recompletion and work-over activities, a meticulous process of evaluation, application of modern well technology, and stringent management controls.

The company’s officers, directors and geologists together retain more than a century of experience in the oil and gas industry. The management team is focused on strategically increasing Savoy Energy’s asset base and cash flow, while significantly reducing the cost of initial drilling, effectively reducing the risk of traditional exploration projects. Furthermore, the company’s financial structure allows it to minimize the high overhead of traditional E&P companies.

Today, it’s a distinct financial advantage to be a small company looking for small abandoned properties for acquisition. Larger companies, as well as most mid-size companies, are searching for large acquisitions and new drilling to successfully increase the size of their company. However, large acquisitions are expensive and the cost of drilling can prolong the return on investment. Furthermore, large plays are difficult to locate, encouraging most companies to look outside U.S. borders.

Since inception, Savoy Energy has successfully owned or participated in more than 100 wells in Texas, Oklahoma, and Ohio. Currently, the company leases four properties in Gonzales County, Texas. These properties include: Wright, 485.41 acres; Rozella Kifer, 193.003 acres; Ali-O No.1, 82.66 acres; and Zavadil No.1, 45 acres. Savoy Energy’s phased approach is to concentrate on existing low maintenance production, exploit low risk sidetrack drilling opportunities as identified through day to day research, and use the accumulated information and results to advance operations. Disclaimer

Savoy Energy Corp. Blog

Savoy Energy Corp. News:

iB3 Networks, Inc. Completes Website for Savoy Energy Corporation

Savoy Energy Corp. Signs Letter of Intent to Acquire 100% Working Interest of Producing Texas Oil Well

 

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About "The QualityStocks Daily"

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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