Strategic American Oil Corp. (OTCBB:SGCA) has gained 3.7% or $0.005 to settle at $.14 with a volume of 23,000 shares. The stock has been trading below its 50 day moving average of $.17 and its 200 day moving average of $.18 with a relative stregth index of 40.27. Strategic American Oil Corporation is a natural resource exploration and production company engaged in the exploration, acquisition and development of oil and gas properties in the United States. The Company maintains an aggregate of approximately 395 gross (217 net) developed acres and approximately 6,120 gross (4,456 net) undeveloped acres, pursuant to leases or acquisitions.
mPhase Technologies Inc. (OTCBB:XDSL) has gained 3.03% or $0.0002 to settle at $0.0068 with a volume of 5.1 million shares. mPhase Technologies, Inc. (mPhase) is a development-stage company specializing in developing smart surfaces using materials science engineering, nanotechnology science and the principles of microfluidics and microelectromechanical systems (MEMS). The Company develops products for both commercial and military applications.
Atna Resources Ltd. (OTCBB:ATNAF) has lost 0.63% or $0.004 cents to settle at $.63 a share with a volume of 79,000. Atna Resources Ltd. (Atna) is engaged in exploring, acquiring, developing and mining precious metals, uranium and other mineral properties. The Company is involved in all phases of the mining business from exploration, development drilling, feasibility studies, permitting, construction, operation and final closure of mining properties. Atna's ongoing exploration and development efforts are focused primarily on precious metals in the Western United States. The Company has conducted a portion of its mineral exploration and development activities through joint ventures with other companies.
Solar Energy Initiatives Inc. (OTCBB:SNRY) has gained 12.31% or $0.003 to settle at $0.029 with a volume of 14,980,000 shares traded by midday. Solar Energy Initiatives, Inc. is a provider of solar solutions with three wholly owned subsidiaries focused on projects, solar education and distribution of solar products. Its products include solar panels, inverters, solar thermal systems, system design, financial consulting and analysis, construction management, and maintenance and monitoring. The SNRYPower subsidiary is a developer and manager of municipal and commercial scale solar projects.
IDO Security Inc. (OTCBB:IDOI) has been relatively unchanged at $0.0003 with a volume of 107,150,000 shares traded by midday. IDO Security Inc. (IDO) is engaged in the design, development and marketing of devices for the homeland security and loss prevention markets that are intended for use in security screening procedures to detect metallic objects concealed on or in footwear, ankles and feet through the use of electro-magnetic fields.
OTCPicks.com is not a registered investment advisers or broker/dealer. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk. Always do you own homework before investing in any stock.
Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Disclosure: OTCpicks.com has not been compensated for any current or recent stocks listed in this stock news report
