Austin, TX 10/23/2007 9:43:22 PM
Speak with other shareholders about: (OTCBB: NEOM), (OTCBB: CPNE) and (OTCBB: PGRIW).
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NeoMedia Technologies Inc. (OTCBB: NEOM) up 37.5% on 4.9 million shares traded.
NeoMedia Technologies, Inc. (USA) is the global leader in optically initiated wireless transactions, bridging the physical and mobile world with innovative direct to web technology solutions. To provide a robust high-performance infrastructure for the processing of optical codes, NeoMedia extends their offering with the award-winning Gavitec technology. On Oct. 22nd 2007, NeoMedia Technologies Inc. and its wholly owned subsidiary, Gavitec AG - mobile digit, unveiled their co-developed code-reading application -- NeoReader -- designed to turn a camera phone into a 1D and 2D barcode scanner that provides one-click access to mobile content.
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Commerce Planet, Inc. (OTCBB: CPNE) up 23.2% on 1.1 million shares traded.
Commerce Planet, Inc. is an internet-based media company that offers online media products, lead generation services and direct marketing tools to its client partners. Commerce Planet offers an internet turnkey media solution through its network of wholly owned subsidiaries, which includes Consumer Loyalty Group, LLC, Legacy Media, LLC, OS Imaging, LLC and Interaccurate, LLC. On Oct. 22nd 2007, the company announced that its Board of Directors unanimously approved and are recommending to stockholders a proposal that would give the Board of Directors authority, at its discretion, to effect a reverse split of the Company's common stock in order to successfully apply for a national exchange listing.
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Platinum Energy Resources, Inc. (OTCBB: PGRIW) up 16.9% on 122,000 shares traded.
Platinum Energy, based in Montvale, New Jersey, is a special purpose acquisition corporation seeking to acquire assets or operating businesses in the global oil and gas exploration and production industry. Platinum Energy will seek to build a portfolio of assets using multiple acquisitions subsequent to its first. Platinum Energy's strategy calls for the use of hedge financing to maximize profit and reduce risk resulting from volatile energy markets. On Oct. 22nd 2007, the company announced that Braesridge Energy LLC, an affiliate of Platinum Energy's Chief Executive Officer and director, Barry Kostiner, has privately negotiated the purchase of, and intends to purchase, 2,000,000 shares of Platinum Energy's common stock, representing approximately 14% of the shares issued in Platinum Energy's IPO, from stockholders of the company. Following consummation of the anticipated purchases, Braesridge will beneficially own 2,188,300 shares of Platinum Energy common stock.
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