WhisperfromWallStreet.com Today’s Stock Promotions- CADDO INTL INC (Other OTC: CADD.PK) - ENERBRITE TECHNOLOGI (Other OTC: ETGG.PK) - NEVADA GOLD HLD (OTC BB: NGHI.OB)
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Stocks undergoing promotion campaigns today.
CADDO INTL INC (Other OTC: CADD.PK)
Caddo International, Inc. (Pink Sheets: CADD - News) announced today they have started working with www.pinksheets.com to become compliant with all their filing. The company management is also taking necessary steps and working on becoming a reporting company in the near term. Furthermore, Caddo has recently set up an account with the title company to verify title of the minerals on the 183 Acre Gravel & Concrete site located outside Dallas, Texas.
ENERBRITE TECHNOLOGI (Other OTC: ETGG.PK)
EnerBrite Technologies Group, Inc. (Other OTC:ETGG.PK - News), an operating oil and gas production company along with its wholly owned subsidiary Rebel Oil Company, announces its plan to implement an infill drilling and gas flood program. With an infill drilling and gas flood of the Weir sand, the Company should double existing production on the property. After the deep exploration wells are drilled and assuming one successful well, an additional unrisked net present value is estimated to be $24 million per well at an 8% discount factor. The Company intends to pursue further acquisitions in Kentucky to expand on its current interest in 76 oil wells in Johnson County.
NEVADA GOLD HLD (OTC BB: NGHI.OB)
20-May-2009 - Quarterly Report
Form 10-Q for NEVADA GOLD HOLDINGS, INC.
Management's Discussion and Analysis of Financial Condition and Results of Operations.
Results of Operations
We were incorporated on October 7, 2009 accordingly we are unable to present comparative numbers. During the three months ended March 31, 2009, we incurred general and administrative expenses of $158,283. The expenses were primarily legal, accounting and other professional fees incurred in connection with our merger with Nevada Gold Enterprises, Inc. and the related public filings. This resulted in a net loss of $158,283 for the three months then ended.
From inception on October 7, 2008 through March 31, 2009, we incurred general and administrative expenses of $248,565. The expenses were primarily legal, accounting and other professional fees incurred in connection with our merger with Nevada Gold Enterprises, Inc. and the related public filings. The net loss also includes $112,500 for the value of the convertible feature attached to the convertible debt. This resulted in a net loss of $248,565 for the period months then ended.
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