Dallas 3/22/2011 1:03:03 AM
News / Finance

JTBK, MREO, FSWA, PLLX, PNNB: Microcap Companies With Triple Digit Gains

Microcap Companies With Triple Digit Gains: JTBK, MREO, FSWA, PLLX, PNNB

Jetblack Corp. (OTCBB:JTBK) has exploded 2450% to settle at $.51 a share with a volume of 4300 shares. For the past 52 weeks the stock has been trading between one cent and $.51 a share. Company has a market cap of $78 million and has 154 million outstanding shares.

Jetblack Corp., formerly Tortuga Mexican Imports Inc., is a development-stage company. The Company focuses to develop an online reservation system to access to various private jet aircraft, airports worldwide and a network of pre-approved, safety-checked operators. It focuses on developing a booking engine, which provides real-time availability of small jets available for charter in certain areas and selects the option from the inventory of aircraft.

Mirenco Inc. (OTCBB:MREO) has tripled by 305% to settle at nine cents a share with a volume of 300 shares. For the past 52 weeks the stock has been trading between one cent and $.16 a share with an average volume of 1622 shares. Company has a market cap of $2.88 million and has 31.97 million outstanding shares.

Mirenco, Inc. (Mirenco) is engaged in developing, marketing and distributing technologically advanced products improving efficiencies in engine combustion and equipment application. Mirenco also offers consultative services in evaluating diesel engines through its Mirenco Diesel Evaluation Procedure (MDEP), which consists of testing procedures and making recommendations for maintenance activities and/or application of Mirenco's technology. The Company products include D-Max, C-Max, HydroFireInjection, HydroFireFluid, HydroFireLubricant, EconoCruise and Fuel-Tracker.

First Sound Bank (OTCBB:FSWA) has gained 285% to settle at $.27 a share with a volume of 10,600 shares traded. For the past 52 weeks the stock has been trading between two cents a share and $.49 a share with an average volume of 4100 shares. Company has a market cap of $147,000 and trades with a current beta of 4.31.

Pollex, Inc. (OTCBB:PLLX) has gained 278% to settle at five cents a share with a volume of 150 shares. For the past 52 weeks the stock has been trading between one cents a share and five cents a share with an average volume of 3448 shares. Company has a market cap of $247,000 and trades with an average beta of 2.72.

Pollex, Inc., formerly Joytoto USA, Inc. provides online gaming services and MP3 and other technical products through its wholly owned subsidiary, Joyon Entertainment, Inc. (JEI). JEI manages the business of its two wholly-owned subsidiaries, Joytoto America, Inc (JAI), and Joytoto Technologies, Inc (JTI). JAI has acquired a license to operate an online game service, using four online game developed by the Licensors, in the United States, for a period of 10 years. The Company operations are organized into two business segments: Consumer Electronics and Online Games.

Pinnacle Bank of Oregon (PINK:PNNB) has gained 150% to settle at $0.005 with a volume of 25,000 shares traded. For the past 52 weeks the stock has been trading between one cents a share and $.13 a share with an average volume 83000 shares.

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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.

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