San Diego, CA 7/10/2009 6:01:38 PM
Delta Mutual, Lumonall Top Penny Stock Charts
Delta Mutual, Inc. (DLTZ) and Lumonall, Inc. (LUNL) were both huge winners from the penny stock world yesterday. Is this a clue of bigger things?
Lumonall, Inc. (LUNL) and Delta Mutual, Inc. (DLTZ) were Thursday's biggest gainers among penny stocks. Both were higher by triple-digit percentages at some point in the trading day. Though Delta Mutual did not retain all of its gain, Lumonall did. The unprompted activity could hint of impending news in support of the gains.
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About Lumonall, Inc.
Lumonall, Inc. (LUNL), formerly Midland International Corporation is a supplier of photo luminescent (PLM) products with a concentration on exit signs and safety way guidance systems (SWGS). In February 2007, the Company acquired a 30% interest in Prolink Property Rights AS, Norway (PPRAS), the holder of the world-wide intellectual property rights to the PLM products. In May and June 2007, Lumonall, Inc. signed a number of distributors to take the PLM product to market. These partners include the Willis Group of Companies in Canada, and Designer Building Solutions, Butler-Johnson Corporation, Hallmark Building Supplies and Parksite, Inc. in the United States.
About Delta Mutual, Inc.
Delta Mutual, Inc. (DLTZ) is focused on exploration, research and production of oil and natural gas, as well as alternate energy sources. The Company's main source of revenue will be derived from the sale of the crude oil and natural gas produced from the oil and gas concessions, in which it has made investments. The Company operates in two segments: North America (United States) and South America. On March 4, 2008, the Company acquired Altony S.A. (Altony), which owns 100% interest in South American Hedge Fund LLC. South American Hedge Fund LLC has investments in oil and gas concessions in Argentina and focuses on its investment activities in the energy sector. As of December 31, 2008, the Company terminated all of the construction technology activities that were carried out by Delta Technologies, Inc., a wholly owned subsidiary.
Forward-Looking Statement: This press release may include or imply "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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http://community.smallcapnetwork.com/Penny-Stocks-TGRW-AERO-CCCFF-DLTZ-and-LUNL-Light-Up-the-Bulletin-Board/s/article/view/p/mid/2/id/43/
