Dallas 7/31/2012 11:18:47 PM
News / Finance

OBJE, WGAS, AMRS are included in our Midday Stock Report

PennyTrader.com Presents Today’s Midday Stock Report: OBJE, WGAS, AMRS

Obscene Jeans Corp. (OTCBB: OBJE) reached up 85.19% in morning trading to $.05 with 400K shares traded. Obscene Interactive, a division of Obscene Jeans Corp., is an emerging global developer of social gaming applications. OBJE's cutting-edge technology platform enables its titles to be accessible to a broad audience of consumers all over the world, supporting multiple platforms for universal appeal. Obscene Interactive is focused on delivering the best in social gaming solutions to the mass market. Obscene Interactive, the gaming subsidiary of OBJ Enterprises, Inc. (OTCQB: OBJE), and Source Street, LLC, are thrilled to announce that development has begun on the joint venture’s very first online game.

Worthington Energy, Inc. (OTCBB: WGAS) reached up 10% in morning trading to $.0099 with 4M shares traded. Worthington (f/k/a Paxton Energy, Inc.) engages in the acquisition, exploration, development and drilling of oil and natural gas properties. Worthington is an energy turnaround company whose strategy is to acquire cash flow producing properties with proved and probable reserves, develop the fields by reworking existing wells and drilling new wells. Worthington Energy, Inc. (WGAS) reported that the Company has again made significant progress on the I-1 Well completion and tie in.

Amyris, Inc. (Nasdaq: AMRS) reached up 18.98% in morning trading to $4.21 with 1M shares traded. Amyris has developed advanced microbial engineering and screening technologies that modify the way microorganisms process sugars. Amyris is using this industrial synthetic biology platform to design microbes, primarily yeast, and use them as living factories in established fermentation processes to convert plant-sourced sugars into renewable chemical and transportation fuel products. Amyris, Inc. (AMRS) signed today an amendment to its existing technology collaboration agreement with Total (FP.PA). Under the enhanced collaboration, Total reaffirms its commitment to Amyris's technology and dedicates its $82 million funding budget over the next three years exclusively for the deployment of Biofene, Amyris's renewable farnesene, for production of renewable diesel and jet fuel. Upon completion of the research and development program, Total and Amyris intend to form a joint venture company that would have exclusive rights to produce and market renewable diesel and/or jet fuel, as well as non-exclusive rights to other specialty products.

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