Beacon Equity Research announces the release of Trade Alerts covering BeaconEquity OTC Index Gainers: Universal Energy Corp. (OTCBB: UVSE), Green Earth Technologies Inc. (Pink Sheets: GETG), Searchlight Minerals Corp. (OTCBB: SRCH), Gulf Ethanol Corp. (Pink Sheets: GFET), YTB International Inc. (OTCBB: YTBLA) and NutraCea (OTCBB: NTRZ).
In the Trade Alert, the author highlights Universal Energy’s disclosing it consummated the offer and sale of $777,000 unsecured convertible 8% debentures:
“Universal Energy Corp. (UVSE) shares plummeted 50% to close at 0 cents Thursday. Universal Energy, an independent energy company, engages in the acquisition and development of crude oil and natural gas leases in the United States and Canada. … The company recently disclosed it consummated the offer and sale of an aggregate of $777,000 principal amount of its unsecured convertible 8% debentures and associated warrants between the company and the purchasers of the debentures and warrants. Universal Energy said it received aggregate proceeds of $605,000 reflecting a 20% original issue discount to the purchasers. The securities purchase agreement, although dated as of October 31, 2008, contemplated a simultaneous signing and closing that occurred November 19, 2008. The debentures, bearing interest at a rate of 8% per annum, will be due and payable September 30, 2010.”
The Trade Alert author also featured Green Earth Technologies’ announcement of its G-OIL 4-Cycle 10W-30 Eco Engine Oil, which is now available at over 2,000 retail locations:
“Green Earth Technologies (GETG) shares surged 8.33% to 52 cents Friday morning. Green Earth produces G-branded superior performing totally green products made with American-grown base oils that utilize the power of nanotechnology to deliver environmentally friendly products with no compromise. … The company recently announced their G-OIL 4-Cycle 10W-30 Eco Engine Oil is now available to consumers at over 2,000 locations. All G-OIL products are made with domestically grown feed stocks and are recyclable, renewable and ultimate biodegradable. G-OIL 4-Cycle 10W-30 Eco Engine Oil can be purchased at national home and hardware centers and is recommended for use wherever SAE 10W-30 or SAE 30 oil is specified. Applications include equipment for lawn and garden, small tractors, log splitters, compressors, generators, steam and pressure cleaners/washers and pumps.”
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Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
