Dallas 5/29/2012 10:39:41 PM
News / Finance

AGRT, ECDC, AERL are included in our Midday Stock Report

PennyTrader.com Presents Today’s Midday Stock Report: AGRT, ECDC, AERL

AGR Tools Inc. (PINK:AGRT) reached up 170.37% in morning trading to $.37 with 9M shares traded. AGR Tools/ AGR Energy Holding's mission is to deliver a competitive and sustainable rate of return to shareholders by developing, acquiring and exploring for oil and gas resources vital to the world's health and welfare. AGR Tools Inc. (AGRT.PK) Friday announced the incorporation of a wholly owned subsidiary, AGR Energy Holdings Inc (or "AGR Energy"). AGR Energy will form an arm of AGR which will focus on oil & gas exploration and production within the continental United States.

East Coast Diversified Corporation (OTCBB:ECDC) reached up 14.29% in morning trading to $.004 with 15M shares traded. East Coast Diversified Corporation is a holding corporation with a diversified group of technology companies. Its business portfolio includes businesses offering technology for logistics and asset management, media entertainment technology, transportation safety and class attendance monitoring system and social media applications. East Coast Diversified Corporation (ECDC.OB), through its subsidiary EarthSearch Communications, Inc., announces a $5 million+, Five Year Master Distributor agreement with Komtelecom in Russia.

Asia Entertainment & Resources Ltd. (Nasdaq:AERL) reached up 11.51% in morning trading to $4.65 with 100K shares traded. Asia Entertainment & Resources Ltd. is a holding company which operates through its subsidiaries and related promoter companies as a VIP room gaming promoter, and is entitled to receive all of the profits of the VIP gaming promoters from VIP gaming rooms. AERL's VIP room gaming promoters currently participate in the promotion of three major luxury VIP gaming facilities in Macau, China, the largest gaming market in the world. One VIP gaming facility is located in the luxury 5-star hotel, the Star World Hotel & Casino in downtown Macau, which is operated by Galaxy Casino, S.A. Another VIP gaming room is located in the all new Galaxy Resort Macau in Cotai, which is operated by Galaxy Casino, S.A. The third VIP gaming room is located at the Venetian Macao-Resort-Hotel in Cotai. Asia Entertainment & Resources Ltd. today announced that it has engaged an investment bank and a Hong Kong law firm for a Pre IPO enquiry in relation to seeking a dual listing of its securities in Hong Kong.

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