Winston-Salem 12/18/2009 5:28:41 AM
News / Finance

SmallCapReview - Penny Stocks to Watch - EYSM, BGEM, CXPO

 

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Elysium Internet (Pinksheets: EYSM) $0.045. Announced Wednesday that it will unveil its much anticipated patient acquisition program at the 2010 SAM conference January 20 through the 23rd. Elysium Internet Founder and CEO Scott Gallagher commented, "We're very excited to launch our new patient acquisition program at this year's SAM Conference.



What They Do: Elysium Internet (EYSM) is a publicly traded direct navigation Internet media Company. EYSM is focused on building targeted industry specific direct navigation based Internet directories and portals that generate significant traffic for the benefit of its advertising partners. The Company uses an ad based subscription model to generate the majority of its revenue.



Elysium operates through a network of 15 Internet Properties that generate millions of page view’s annually. Due to the extremely high quality of Elysium’s domain portfolio the vast amount of the traffic generated by the network properties is organic or non-paid traffic.

 

Blue Gem Enterprise (OTCBB: BGEM) $0.60. Announced Thursday after market close that has added the full line of Organic Juices from the Apple Rush Company of Illinois (Pink Sheets: APRU). The Apple Rush product line will be distributed by Blue Gem into the delis, health food stores and independents in Southern Florida. Additionally the brand in bottles and cans will be added to its roster of brands available through its direct store distribution network in South Florida. Blue Gem has placed its first order and will begin carrying and selling Apple Rush by January 1st.



What They Do: Blue Gem Enterprise is an emerging beverage distribution company headquartered in South Florida and serves the area from Southern Georgia through the Florida Keys, including major chains, independent stores, hospitals, gyms, hotels and other retailers.

 

Crimson Exploration (Nasdaq: CXPO) $4.31. Announced on Wednesday that it has priced its public offering of 20,000,000 shares of Crimson Exploration common stock at the price of $5.00 per share. The underwriters of the offering also have a 30-day option to purchase up to 3,000,000 additional shares of common stock from Crimson Exploration. The offering is expected to settle and close on December 22, 2009, subject to customary closing conditions. The shares are expected to begin trading on The NASDAQ Global Market effective on December 17, 2009 under the ticker symbol “CXPO.

 

What They Do: Crimson Exploration is a Houston, Texas-based independent energy company engaged in onshore oil & gas exploration and production primarily in South Texas, East Texas and the Upper Gulf Coast.





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