Dallas 8/25/2012 1:02:19 AM
News / Finance

GYST, CHMR, FRCN are included in our Midday Stock Report

PennyTrader.com Presents Today’s Midday Stock Report: GYST, CHMR, FRCN

The Graystone Company (OTCQB:GYST) reached up 32.58% in morning trading to $.0118 with 2M shares traded. The Graystone Company, Inc. is a U.S.-based mining and exploration company focused on acquiring and developing gold and other mineral properties. The Company's strategy is to build value for shareholders by the identification, acquisition and exploration of early-stage properties that show significant potential for the discovery of gold. The Graystone Company (GYST) announced this week they have entered into a purchase agreement to acquire mining equipment for its alluvial mining properties in Peru. The Company is acquiring the necessary mining equipment for $250,000. Graystone has retained a company in the United States to build the equipment to the necessary specifications for the projects’ needs and the properties’ soil and gravel composition.

Chimera Energy Corp (OTCBB:CHMR) reached up 11.29% in morning trading to $.69 with 750K shares traded. Chimera Energy Corporation is headquartered in the energy capital of Houston, Texas. The Corporation functions internationally with a concentration in developing technology for the shale oil industry, specifically for the Bakken Formation, Marcellus Formation and other domestic shale locations. Chimera Energy Corp (CHMR) President Charles Grob announced the receipt of the official signed document from PEMEX to utilize the Company’s new Non-Hydraulic Shale Oil Extraction system on Central Tajin Area wells number 4, 5 and 6 in the Chicontepic Basin of Mexico.

Firemans Contractors, Inc. (OTCBB: FRCN) reached up 8.11% in morning trading to $.004 with 12M shares traded. Firemans Contractors, Inc. is a full-service contractor providing professional services for commercial and government clients, offering Business to Business Franchise Opportunities. Its services include Road Improvements, Pavement Maintenance, Seal Coating, Parking Lot Striping, Pavement Marking, Asphalt Maintenance and Repair, and ADA Compliance. Firemans Contractors has completed its FDD requirements with the Federal Trade Commission and has developed franchise territories across the U.S. The company's goal is to develop hundreds of new franchise locations in the next 24 to 48 months. Firemans Contractors, Inc. (FRCN) announced today that the company will leverage its newly launched franchise model to bid on TIFIA (Transportation Infrastructure Finance and Innovation Act) projects; allowing the company to possibly secure an additional profit center potentially valued in the millions per annum.

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