QualityStocks.net would again like to highlight Data Call Technologies, Inc. (DCLT) "As One To Watch" previously at $0.034 up 2% at $0.035 with 29,000 shares traded. Data Call released its operating results for the first quarter ended March 31, 2008. Data Call reported net revenues rose 778% from 8,040 Q1 2007 versus $70,627.00 for the first quarter of 2008. The company attributed the increase in revenues to the growth from several accounts, in addition to a successful exhibition at this year’s Digital Signage Expo. The company announced its projected revenue for Q2-2008 is $78,200, which will represent an 11% increase over Q1-2008. The company also reported a 47% reduction in cash expenditures, over Q1-2007. Moving forward, Data Call is committed to maintaining efforts to streamline operations and focus on improving customer value of the Direct Lynk Messenger product.
Tengasco, Inc. (TGC) shares broke their 52 week high this week after The May 2008 issue of the Oil & Gas Financial Journal ranked Tengasco as the 12th fastest growing oil and gas company, 5th best in percentage return on total assets, and 6th best in return on total revenue percentage based upon the measures used by the magazine. Tengasco, Inc. engages in the exploration, production, and transportation of oil and natural gas in Kansas and Tennessee. The company also leases producing and non-producing properties, as well as owns pipeline and other infrastructure facilities used to provide transportation services. As of December 31, 2007 it had 273 wells comprising 208 working wells, including 149 oil producing wells and 59 gas producing wells. Tengasco markets its crude oil to refining companies, utilities, and private industry end-users; and natural gas to utilities, private industry end-users, and natural gas marketing companies.
Fieldpoint Petroleum Corporation (FPP) previously at $5.80 up 24% at $7.23 with 5,391,392 shares traded was highlighted by Speculating Stocks. Fieldpoint Petroleum Corporation shares climbed to a new 52 week high today after the company announced today its first quarter financial results for the three months ended March 31, 2008. Ray D. Reaves, President and CEO of FieldPoint, stated, “Overall barrels of oil equivalent production was up 7% for the quarter ended March 31, 2008 as compared to the same period in 2007. This increase, combined with higher oil and natural gas prices, led to a significant increase in revenues and earnings per share for the period. The increase in revenue is attributed primarily to a 65% increase in oil prices, which averaged approximately $92.65 per barrel, and a 22% increase in natural gas prices which averaged approximately $6.97 per MCF in 2008. These prices compare to $56.19 per barrel for oil and $5.73 per MCF of natural gas for the same period in the prior year.
Kentucky USA Energy, Inc. (KYUS) previously at $2.69 up 18% at $3.18 with 2,148,532 shares traded was highlighted by Standout Stocks and HotOTC.com. Kentucky USA Energy, Inc. announced today that the Company has staked out 5 locations for initial wells in the New Albany Shale on its 2200 acre leasehold located in the western Kentucky region. Recent data analysis has identified several drilling prospects, and the Company plans to drill these initial wells to a total depth of 3,000 feet or to a depth sufficient to adequately test the base of the New Albany Shale formation. Kentucky USA Energy, Inc. a natural gas exploration and production company recently updated investors on the results of an independent study of the Company's gas reserves on its approximate 2200 acre leasehold in the western Kentucky region in counties of Todd, Christian and Muhlenberg.
ZAP (ZAAP) previously at $1.00 up 18% at $1.18 on heavy volume with 2,532,983 shares traded was highlighted by StockEgg.com, Stock Stars, AheadoftheBulls, OTC Stock Alert, Stand Out Stocks, Small Caps U.S., Small Cap Voice, Stocks in the Spotlight, Investor Ideas. ZAP has a big week ahead of them after announcing that "Golf Carts of Lincoln" formerly a golf cart dealership has transformed itself into an electric car dealership. The dealership is located in Rocklin, California, and will be called Electric Car Living. Investors should watch for the end of this month May 30th and 31st when the former golf cart dealership will introduce the new affordable electric car design called the ZAP Xebra. The event is Friday from 3pm to 7pm and Saturday from 11am to 3pm.
ZAP designed the Xebra as a simple alternative to the growing demand for electric cars. The vehicle is suitable for city-speed driving, commuting and fleet use, situations where electric vehicles can be more economical than gasoline cars.
China Display Technologies, Inc. (CDYT) previously at $2.08 up 10% at $2.30 with 68,189 shares traded was highlighted by OTC Picks, Sizzle Stocks, StockMarket News Alert. China Display Technologies, Inc. a leading manufacturer of optoelectronic products, specializing in small- to mid-sized LED and CCFL backlight units for LCD displays in China. Company shares rose this month after the company reported record financial results for the first quarter of 2008, which saw revenues increase 46.4% compared to the same period of 2007 to $6.7 million. Gross profits also rose 49.7% from the first quarter of 2007 to $1.5 million, representing 22.3% of sales. The company also announced it would implement a Share Exchange Agreement to improve the capital structure.
XsunX, Inc. (XSNX) previously at $0.44 up 1% at $0.445 with 801,553 shares traded was highlighted today by Money TV, Twin Trader, Investor Ideas, Twin Trader, Beacon Equity Research, HotOTC.com, Olympus Markets, OTC Picks, StockEgg.com, Red Chip, Stand Out Stocks. XsunX, Inc. announced this month that it has signed an agreement with Praxair, Inc. for the supply of bulk industrial gases for its new multi-megawatt thin film photovoltaic (TFPV) solar manufacturing facility near Portland, Oregon. XsunX is refurbishing an existing 90,000 sq. ft. building, located in Wood Village, to house its integrated TFPV manufacturing operations. XsunX, Inc. recently obtained a $21 million equity financing commitment to support the launch of its base line production system. XsunX, Inc. was able to parlay the recent round of financing to complete negotiations and enter into a lease for its new manufacturing facility to be located in Oregon, U.S.A.
Power-Save Energy Company (PWSV) previously at $2.25 up 1% at $2.29 with 22,950 shares traded was highlighted by Penny Stocks Finder Blog, OTC Picks and Standout Stocks. Power-Save Energy Company shares have climbed following the company announcement that it has concluded the acquisition of substantially all the assets of U.S. Energy Conservation Corporation including its patented product the "Wattman" (U.S. Patent 6,046,549 and 6,020,726). The addition of the assets of U.S. Energy Conservation Corporation along with the patented Wattman (to be renamed HID Light Manager), will enable Power-Save Energy Company to expand its energy conservation product line, adding the recently introduced Power-Save Solar and Power-Save Wind Turbine, to the companies quality tested and certified products. The acquisition news also enable the company to provide their customers with affordable price points, making energy conservation affordable to everyone.
QualityStocks.net would like to highlight Intellegentias Inc. (ITLI) closed today at $0.20 with 6,954 shares traded. Intellegentias Inc. announced that they have become the newest member of the European Competitive Telecommunications Association (ECTA). The ECTA is a Brussels- based association that represents service providers and network equipment vendors to key government and regulatory bodies, maintains a forum for networking-related business issues, and assists new market entrants to help ensure an even playing field. Intellegentias Inc. is poised to capitalize on new German legislation that requires every German telco and Internet service provider will be required to keep phone and Internet surfing log data on each subscriber for 6 months. These logs can then be used by the police and intelligence services to help in important criminal investigations, or when online crimes are committed. The company announced today that Retentia, Inc., its subsidiary focused on the Data Retention software sector, intends to step up its sales and marketing activities in Germany.
QualityStocks.net would like to highlight one of our newest clients Teknik Digital Arts, Inc. (TKNK) closing today at $0.17. Teknik Digital Arts, Inc. specializes in the development of physically-interactive video gaming software systems, which offer an innovative way to play video games, while at the same time improving health by using video game technology to enable all video gamers to burn calories and build muscle while playing their favorite video games. Video games once played a major role in the increase of childhood obesity, but in the last few years we have witnessed a trend of physically-interactive video gaming and communities (leagues), both of which encourage families to use entertainment technology in a healthy way.
QualityStocks.net would like to highlight one of our newest clients Gemini Explorations (GXPI) previously at $0.08 up 3% at $0.083 with 189,799 shares traded. Gemini Explorations, Inc. shares climbed after the company announced that they have agreed with QualityStocks to be featured in The Small Cap QualityStocks Daily Newsletter, Daily Internet broadcast with Cathy Rankin, Vanessa Ramirez and Jenn Hoffman and QualityStocks Daily Blogs and Message Boards. Gemini Explorations, Inc. shares rose again today after the company announced that it has it has increased the cash flow projections for the Los Chorros Gold Mine. MPGS reports that a 100 tonne per day production rate would produce US$1,080,280 monthly and over US$12,900,000 annually. These estimates are based on US$730 per ounce gold with US$200 per ounce operating and production costs netting US$530 per ounce.
QualityStocks.net would like to welcome our newest client SkyPostal, Inc. Omega United, Inc. shares recently broke their 52 week high after the company announced it announced record financial results for the first quarter of 2008. The results include sales of $2,440,801, a 40% increase over the previous year's first quarter revenues of $1,747,765, demonstrating the success of the Company's initiatives to become one of the largest facilitators of mail delivery from Europe and the US into LAC, reliably delivering more than 130 tons of mail per month into the region. Omega United, Inc. recently announced it had acquired SkyPostal, Inc., in a move to change its corporate strategy and direction. Omega will cease its previous business activities and file to change its name to SkyPostal Networks, Inc. SkyPostal is one of the largest facilitators of mail delivery from Europe and the US into LAC, for major European postal administrations and the leading mail consolidators, delivering more than 150 tons of mail per month into the region.
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