VRAI Upate: Attacking .01 Ceiling

VRAI Updated Chart From This Morning


VRAI continues it's push as it attacks the .01 ceiling. There has been no news from the company lately for an explanation of why the stock price has mushroomed up this week.
The company filed a Form 8K for Bankruptcy or Receivership in Oct. 2007.
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SYNM Chart Shows Upward Momentum

SYNM Chart



Syntroleum Corp shares rose in price 66 percent, after broker Merriman Curhan Ford gave SYNM a buy rating. SYNM shares closed at 88 cents on Wednesday afternoon and continue to move higher today reaching a intraday high today of $1.26. Before the buy rating was issued, SYNM shares had lost more than 3/4 of their value in 2007. Merriman analyst Jesse Herrick, in a message to clients, said "the company has the technology to make clean synthetic fuels and also the necessary cost structures to commercialise it through its joint venture with Tyson Foods."

GBVS Moving Higher This Week On Stock Buy Back News

GBVS (OTCBB)



Global Beverage Solutions (GBVS:OTCBB) continues to trend higher this week with penny investors pushing the share price up on stock buy back news earlier in the week. Global Beverage Solutions announced that the company has entered into an agreement to repurchase 60,500,000 shares of its common stock from XStream Beverage Network, Inc. The shares were originally issued to XStream Beverage as part of Global Beverage's acquisition of Beverage Network of Maryland, Inc., in February 2007.
Global Beverage issued a convertible note in the principal amount of $700,000 to XStream Beverage for the repurchase of the shares. The convertiable note will mature on October 31, 2008. Under the terms of the agreement, if Global Beverage defaults on the note, the holder of the note has the option to convert the outstanding principal and any accrued interest, into shares of Global Beverage's common stock. Global Beverage must make a $500,000 payment under a related note on or before May 1, 2008 or wil be in default.
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SLVO Releases News: Letter Of Intent

SILVERADO FINANCIAL (SLVO OTC:PK) announced today that a letter of intent has been signed to purchase Water Skeeter Sports Innovations, Inc. The company says they plan to complete this acquisition within ten days.

Water Skeeter Sports Innovations, Inc. is an industry leader in pontoon craft and float tubes with intentions of expanding their current line of products with the introduction of several new technologies that have been engineered for use as it relates to their products.

Water Skeeter Sports had sales in excess of $800,000 during the first three quarters of last year and the company said they expect to increase sales substantially during 2008.

In other news, Silverado Financial said they are continuing to work towards implementing their plan to place hot-coffee dispensers in test markets in Southern California with negotiations to finance the purchase of their first series of machines are ongoing.

SGCP Poised To Go Higher?

SGCP (OTC:PK)




Sierra Gold Corporation is trying to hold recent gains and break through to hold the .02 ceiling. Gold penny stocks have been running lately with the increase in gold. Penny stock traders have shown a interest in gold penny stocks this week as a number of them have moved higher.
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EFJI Bounce

EFJI Chart



EFJ, Inc. bounced yesterday and appears to be trying to hold on to the gain and reach previous highs. EFJI announced on January 16th that the company is now in Compliance with Marketplace Rule 4350(d)(2).

UHCR Up Another 15% Today

UHCR(OTC:PK)



Ulysses Holding Corp. (UHCR OTC:PK) continues to move higher a third consecutive day as penny investors push UHCR higher on dividend news released from the company on Tuesday. UHCR management took action based on the advice of its Financial Advisors, to increase liquidity in the Company's stock. The 1 for 1 Stock Dividend is for all Common Shareholders only since management does not own or hold any Common Shares.
The Stock Dividend will be payable to investors of record on February 11, 2008 and will be payable to these investors on February 29, 2008.
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MPET Continues Up After Recent Bounce

Magellan Petroleum Corporation (MPET)




Magellan Petroleum Corporation's chart shows a continued upward movement after a recent bounce from strong support. Magellan announced at the annual meeting, the Company's shareholders overwhelmingly voted, by more than a 3-to-1 margin, in favor to authorize the Company's Board of Directors to implement a reverse stock split of the Company's common stock at a ratio of not less than 1-for-2 and not greater than 1-for-10 at any time before December 31, 2009, with the exact ratio to be determined by the Board of Directors.
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GLGT Waking Up?

GLGT(OTC:PK)



Global General Technologies (GLGT) chart is showing some interest from penny traders today. No relevant news has been released from the company in sometime with the volume being very light.

CONX: Trying To Break Out?

CONX(OTCBB)


Corgenix Medical Corporation (CONX:OTCBB) chart shows a potential breakout with penny investors possibly pushing CONX shares higher on recent news and developments from the company in January. CONX is developer and marketer of diagnostic test kits, announced today that it's AspirinWorks® test now available to physicians and other laboratories through Quest Diagnostics Incorporated , the nation's leading provider of diagnostic testing and information.
Corgenix Medical Corporation also announced last week the number of laboratories offering its AspirinWorks® test is growing larger. The product is now available to physicians and laboratories across the United States, Europe, South America, Mexico, Israel and Japan.
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WNBD Still Rocking Up 44%

WNBD(OTC:PK)


Winning Brands chart continues to move up 3 of the 4 trading days this week. Announcing Monday that operations will begin in Europe, penny stock investors have rewarded Winning Brands with a great chart this week, more than doubling the share price of WNBD.

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Penny Investors Enjoying MDOR Ride

MDOR (OTCBB)




MDOR is enjoying it's third day of upward movement. After announcing on Wednesday the signing and closing of a 5 year, $91,200,000.00 contract, with National Sales & Supply for rubber buffings effective immediately, penny investors and traders have been watching MDOR fly. Increasing the price of the stock almost 100% in three days, MDOR has been a winner on the OTCBB this week.
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AWYI Continues Move Higher Today

AWYI (OTCBB)



AWYI (OTCBB) continued it's move higher for the third straight day. Penny stock traders and investors have jumped on board following the January 16th news release that the company has signed a letter of intent to acquire Lime Truck, Inc., a Dallas based mobile truck advertising company. The first step toward closing the deal should be completed in two months according to the company news release on January 16.

VRAI Extending Gains From Yesterday

VRAI (OTC: PK)



Viragen Inc. (VRAI.PK) is extending gains into the second day with 3 out of 4 days this week showing upward movement. No recent news or developments have been released from the company.
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HRAL: January Has Been A Outstanding Month For Shareholders

HARL (OTC:PK)



HearATLast shareholders have reason to be happy. HARL (OTC:PK) shares have more than doubled since the last week of December where it was trading around fifty cents. A recent news release in early January informed shareholders that the company had been busy in November and December opening five new locations acrosss Canada, expanding into Alberta.
HARL posted record sales in November and December totaling $203,446 US, their biggest month in the compaany's history.
In Novemebr, HRAL also announced a private placement funding package totaling $1 million. The company received the investments funds from accredited investors for the purchase of 666,667 shares of restricted stock which represents a purchase price of $1.50 per share. The investors have agreed to lock the restricted shares for a period of 2 years after which point, the shares can be sold on the open market.
The company went on to say that the funding terms wer simple with no convertiable features, warrents or stock options. All common stock that was sold in the transaction will have a two year restriction as soutlined by rule 144.
Penny stock investors have shown an interest in HARL in the month of January as the stock has more than doubled since the lst week of December.
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