Wednesday's Promo Stocks: (OTC:GCLL); (PINK:VGTL)

Tomahawk, WI 8/31/2011 (PennyPayDay) – GreenCell Inc. (OTC:GCLL), founded in 2009 and headquartered in Orlando, Florida is engaged in a joint venture with SenCer Inc. to develop, commercialize, and market SenCer's UltraTemp(TM) ceramic composite materials for home and transportation applications.

GCLL is under an e-mail promotion today initiated by a third party investor. Beacon Equity is pushing out the e-mails and as I write, shares of GCLL were up slightly at $0.71 per share on moderate volume.

VGTel, Inc. (PINK:VGTL) operates in the telemarketing sector of the telecommunications industry. The company focuses on offering GMG System, a telemarketing campaigning product that is designed to enable a single user of the System to set up a telemarketing campaign to distribute messages to bulk lists of recipients in the medium of text, voice, fax, or multimedia. VGTL is also under an e-mail promotion campaign that has been ineffective so far this morning. The stock price has spiked about 10 percent but has very little volume.

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Facebook Application PEEP Acquired

Venture Industries, Inc., having recently entered a share exchange agreement with VGTel, Inc. (OTC:VGTL), announced today, in a press release, the acquisition of the PEEP service mark and PEEP intellectual property. PEEP is a video chat application that has recently launched on Facebook. Shares of VGTel closed yesterday at $9.85 per share and only average about 2,400 shares traded per day. The company has a market cap of $94 million and a 52-week range between $8.50 and $10.00 per share.

“Having acquired the IP and the service mark for PEEP, we intend to offer one-to-one and multi-way video conversation to the global social audience -- an audience that is looking for real-time, personal interaction. Along with mobile, social media is fast becoming one of the most efficient and engaging ways to connect brands with consumers. The introduction of a video service, one as easy to use and as interactive as PEEP, will only accelerate that trend,” states VGTel President Larry Harris, previously CEO of Ansible Mobile, a joint venture between Interpublic Group and Velti.

According to the press release, this announcement means even as other social media companies have begun finalizing their plans to IPO this year, Venture is the first publicly traded social media company to offer interactive video with two and multi-way chat.

“Venture plans to rapidly move the PEEP application out of beta testing and to begin monetizing it via advertising and other services. We think the massive reach of social media, coupled with the personal story-telling power of video chat has enormous potential. Venture looks to launch PEEP across most web and mobile platforms before the end of the year,” continues Harris.

VGTel, Inc. and Venture Industries, Inc. are media technology companies providing personal media services and applications for use in social media and mobile communication platforms.

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VGTel (OTCBB:VGTL): Plan's To Move into Mobile Technology

VGTel, Inc. (OTCBB:VGTL) announced today it has entered into a definitive Agreement of Plan and Share Exchange ("Agreement") with Venture Industries, Inc. VGTel, Inc. will acquire 100% of the issued and outstanding shares of Venture Industries, Inc. in exchange for the issuance of 65% of the outstanding shares of VGTel, Inc. Pursuant to the terms of the Agreement, closing will take place when the conditions precedent to closing have been met. Among the terms to be met are the filing of audited financial statements for both interim and annual periods of Venture Industries, Inc.

Larry Harris, a veteran marketing executive and entrepreneur, will be named President of VGTel, Inc. At 48 years of age, Mr. Harris' experience spans a broad range of capacities in both the advertising industry and in defining new marketing paradigms for the convergence of media with digital technology. He founded one of the first interactive agencies within a major ad agency at FCB, led marketing integration at Draft and was most recently CEO of Ansible Mobile, the innovative mobile marketing joint venture between marketing services holding company, Interpublic Group and Velti, a leading provider of mobile marketing solutions.

Mr. Harris said, "The digital marketplace is undergoing fundamental change as both consumers and advertisers seek to connect to a custom content experience and the real time delivery of information. Winning solutions will be grounded on the smart use of data and full dynamic technology platforms. Venture Industries' highly skilled talent pool and cutting edge technology along with strategic additions to our platform will be a powerful competitor in rapid-growth areas of marketing such as delivery of online video and mobile marketing offerings. I'm energized by this opportunity and look forward to the completion of this transaction." VGTel, Inc. anticipates the audits will be completed prior to the end of the first quarter at which time the transaction will be completed.

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