Showing posts with label IPRC. Show all posts
Showing posts with label IPRC. Show all posts

Tuesday, August 30, 2011

Tuesday's Promo Stocks: (OTC:LSTG); (OTC:IPRC); (PINK:NYXO)

Tuesday's Promo Stocks: (OTC:LSTG); (OTC:IPRC); (PINK:NYXO)Oxford, MS 8/30/2011 (PennyPayDay) -- Lone Star Gold, Inc. (OTC:LSTG) is a gold exploration and development company based in Albuquerque, New Mexico. LSTG is under promotion and also recently announced that on August 26th, 2011, it signed a $15 million equity financing agreement with Hong Kong based equity investor North American Gold Corp. According to the terms of the agreement, Lone Star is to specifically use the proceeds from the financing to fund operating expenses, working capital and general corporate activities related to the exploration and development of the Company's Mexico based La Candelaria gold and silver mining project.

Imperial Resources, Inc. (OTC:IPRC) is a smallcap oil and gas exploration company that is also under promotion this morning and has third party investors churning out e-mail campaigns in hopes of giving the stock a spike in volume… Imperial Resources doesn’t have any recent news other than some vague drilling update announced last week…

Another highlighted stock this morning is StrikeForce Technologies (OTC:SFOR) which is not under any promotion that I can see, but has nonetheless been a very active smallcap stock averaging nearly 1 million shares traded each day. StrikeForce Technologies helps to prevent online identity theft and data security breaches for consumers, corporations, and government agencies. It provides powerful two-factor, 'Out-of-Band' authentication and keystroke encryption solutions in hopes of providing a more safe and secure on-line experience with its pro-active approach to keeping hackers out of our inboxes and bank accounts.

PennyPayday Free Stock Quotes and Approach to the Stock Market

PennyPayday focuses on bringing penny stocks and small-cap companies from all exchanges into the spotlight for investors seeking early development opportunities. PennyPayday has quickly become a recognized penny stock site and a top source for investors seeking information and research on today's emerging hot stocks. PennyPayday provides the investing public with stock market daily news, free real-time stock quotes, free stock charts, research for investing, as well as economic stories, videos, and market briefs from a staff of experienced and dedicated financial journalists.

Sign up for our Free Newsletter today, and join the thousands already getting our emails on the hottest stocks to watch.

Disclaimer: Neither www.PennyPayday.com nor its officers, directors, partners, employees or anyone involved in the publication of this website or newsletters is a registered investment adviser or licensed broker-dealer in any jurisdiction whatsoever. PennyPayday may or may not have been compensated by mentioned companies. For full disclaimer/disclosure please read PennyPayday's disclaimer.

Distributed by Viestly

Monday, January 3, 2011

Imperial Resources (OTC:IPRC) Gets New Capital and E-mail Campaign

Imperial Resources (OTC:IPRC) Gets New Capital and E-mail CampaignImperial Resources (OTC:IPRC) today announced that on December 31, 2010 it entered into a Securities Purchase Agreement for a subscription for the Company’s common stock (“Agreement”) from a single investor (“Investor”). The stock is also under promotion via a third party today with an e-mail marketing campaign so, we will keep our eye on this one.

The Investor subscribed for $500,000 worth of common stock in the Company (“First Subscription”) to be paid in cash within fourteen days of the Agreement. The issue was priced at approximately $0.68 per share reflecting a 10% discount to the Volume Weighted Average closing Price (“VWAP”) for the ten business days prior to the Agreement. 737,041 new shares of common stock will be issued, a minimal dilution of just 1.8% of the prior number of issued and outstanding shares.

The Company anticipates that the proceeds of the First Subscription will be applied to a significant investment in initial land leasing for its planned transformational Oklahoma Prospect, other low risk, quick hitting opportunities and for general working capital.

The Agreement also provides for further subscription at the Investor’s sole discretion until December 31, 2011, in tranches of a minimum of $500,000 and up to a maximum total of $2,500,000, to be priced at a 15% discount to VWAP or $0.68 per share, whichever is greater.

Robert Durbin, CEO, commented; “I am delighted that we have conducted this placing which allows us to immediately get on with our leasing acreage in our Oklahoma Prospect. The First Subscription is at an even better value for stockholders than the highly favourable debt conversion announced on December 13, 2010. This, I believe, reflects demand for Imperial’s model.”

To find out more about Imperial Resources, visit the website at www.imperialresourcesinc.com.

Distributed by IntelBuilder Social Media Platform