Fox Petroleum Inc. (PINK:FXPT) reached up 128.57% in morning trading to $.016 with 1M shares traded. Fox Petroleum Inc. is focused on acquiring, developing and operating plastic recycling operations throughout North America. The company is currently expanding its Oil and Natural gas portfolios. With a focus on plastic waste compounds and the aggregating of plastic scrap products for manufacturers, Fox Petroleum's goal is to become an important partner for leading recycling companies who need proficient services. Fox Petroleum Inc. (Pinksheets:FXPT - News) announced today that it has signed a Letter of Intent with Camelot Oil Energy S.A. to develop and finance oil projects located in Latin America.
Grid Petroleum Corp. (OTCBB:GRPR) reached up 13.22% in morning trading to $.13 with 500K shares traded. Grid Petroleum Corp is an American oil & gas company focused on the acquisition, exploration and development of oil and gas properties in North America. Grid Petroleum Corp. (OTC.BB:GRPR - News) (hereafter "Grid," "The Company") today provided further details on its most recent acquisition of Joaquin Basin Resources Inc. Effective January 20, 2011, Grid Petroleum acquired Joaquin Basin Resources and its mineral leasehold rights to approximately 4,000 acres of oil and gas property in the prolific central California San Joaquin Basin. This newly acquired property will complement its existing Jonah Field assets, and further asserts Management's strategy of focusing on onshore oil assets in California, which the Company believes is highly prospective.
PFSweb, Inc. (Nasdaq:PFSW) reached up 14.80% in morning trading to $3.80 with 150K shares traded. PFSweb develops and deploys comprehensive end-to-end eCommerce solutions for Fortune 1000, Global 2000 and brand name companies, including interactive marketing services, global fulfillment and logistics and high-touch customer care. The company serves a multitude of industries and company types, including such clients as P&G, LEGO, Carter's, Lucky Brand Jeans, Juicy Couture, Kensie, Monet, kate spade new york, AAFES, Riverbed, InfoPrint Solutions Company, Hawker Beechcraft Corp., Roots Canada Ltd. and Xerox. PFSweb, Inc. (Nasdaq:PFSW - News) today announced its financial results for the fourth quarter and year ended December 31, 2010.
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