UnionTown Energy Inc. (OTCBB:UTOG) reached up 22.67% in morning trading to $2.11 with 1M shares traded. UnionTown Energy Inc. is focused on the acquisition, exploration, development and production of oil and natural gas properties. Their strategy is to build a portfolio of energy producing assets in known and producing oil and gas fields throughout North America. With the completion of their acquisitions of the Musselshell Property, New Miami Property and the Darby Block Property, they're moving rapidly to bring the first wells to production. They're also in advanced stages of acquisition of other oil and gas properties, including the Teton River, and continue to develop a pipeline of additional potential acquisitions under consideration in the continental USA. UnionTown Energy Inc. (OTC.BB:UTOG - News) announced today that the Company's offer to purchase the 24,000 acre oil and gas property, formerly owned by Fortuna (US) L.P. (now operating under Talisman Energy USA Inc.), was accepted yesterday.
Applied DNA Sciences, Inc. (OTCBB:APDN) reached up 16.36% in morning trading to $.064 with 300K shares traded. Applied DNA Sciences, Inc. sells patented DNA security solutions to protect products, brands and intellectual property from counterfeiting and diversion. SigNature DNA is a botanical mark used to authenticate products in a unique manner that essentially cannot be copied, and provide a forensic chain of evidence that can be used to prosecute perpetrators. Applied DNA Sciences, Inc. (OTC.BB:APDN - News), and an agency of the U.S. government have launched a pilot program to show the logistic facility of DNA marking to block counterfeit microchips in mission-critical government supply chains.
Cyclone Power Technologies Inc. (PINK:CYPW) reached up 20.69% in morning trading to $.35 with 400K shares traded. Cyclone Power Technologies is the developer of the award-winning Cyclone Engine – an all-fuel, clean-tech engine with the power and versatility to run everything from waste energy electric generators and solar thermal systems to cars, trucks and locomotives. Invented by company founder and CEO Harry Schoell, the patented Cyclone Engine is an eco-friendly external combustion engine, ingeniously designed to achieve high thermal efficiencies through a compact heat-regenerative process, and to run on virtually any fuel - including bio-diesels, syngas or solar - while emitting fewer greenhouse gases and irritating pollutants into the air. Currently in its late stages of development, the Cyclone Engine was recognized by Popular Science Magazine as the Invention of the Year for 2008, and was presented with the Society of Automotive Engineers’ AEI Tech Award in 2006 and 2008. Additionally, Cyclone was recently named Environmental Business of the Year by the Broward County Environmental Protection Department. Cyclone Power Technologies Inc. (Pink Sheets:CYPW.pk - News) announced today that Raytheon Integrated Defense Systems (IDS), a business of Raytheon Company, has placed an initial purchase order for multiple engines from Cyclone. This contract is valued at approximately $400,000. The work will be performed at Cyclone’s facility in Florida.
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