HIGH PLAINS GAS INCORPORATED (OTC: HPGS) "Up 58.60% on Friday"
High Plains Gas, Inc. is a Gillette, Wyoming based energy company actively engaged in the acquisition, development and production of natural gas primarily in the Powder River Basin. The Company’s assets include the former Marathon “North & South Fairway” assets. These assets consist of 1614 Coal Bed Methane Wells with associated flow lines and over 155,000 net acres. This combined with the company’s existing 92 natural gas wells gives the company a strong foundation in the natural gas industry. High Plains Gas intends to continue to pursue expansion opportunities for the profitable production and transmission of natural gas. High Plains Gas believes it has unique expertise and experience in the refurbishment and reactivation of wells that produce natural gas from coal bed methane formations that helps position it strategically in the Powder River Basin. In 2011, the Company formed a subsidiary, High Plains Gas Services, LLC, focused on providing construction and maintenance services to the energy industry, primarily in the Western United States.
GOLFGEAR INTERNATIONAL INCORPORATED (OTC: GEAR) "Up 34.80% on Friday"
GolfGear International, Inc. was originally incorporated in 1996 as a golf equipment company. The Company has recently altered its business strategy to include gold and silver mining, providing financing for gold and silver mining projects, and precious metals processing and refining.
247MGI INCORPORATED (OTC: TOFS) "Up 28.57% on Friday"
247MGI, Inc. does not have significant operations. It intends to acquire assets or shares of an entity actively engaged in business. Previously, the company, through its subsidiary, Yard Sale Drop Off, Inc., operated as a trading assistant and power seller that assisted others to list and sell items through on-line auctions on the eBay Web site. The company was founded in 1991 and is based in Fort Lauderdale, Florida.
ENER1 INCORPORATED (NASDAQ: HEV) "Up 52.22% on Friday"
Ener1, Inc., together with its subsidiaries, engages in designing, developing, and manufacturing rechargeable lithium-ion batteries and battery pack systems for energy storage in the United States and South Korea. It operates in three segments: Transportation, Grid Energy Storage, and Small Pack. The Transportation segment produces batteries and battery solutions for hybrid electric vehicles, plug-in hybrid electric vehicles, and electric vehicles, as well as trucks and buses. The Grid Energy Storage segment develops and manufactures energy storage applications for utility grid and commercial applications. The Small Pack segment manufactures lithium-ion batteries for customers in the handheld scanner, personal digital assistant, and medical device markets. The company serves original equipment manufacturers (OEM) in the light and heavy-duty industries, as well as suppliers of automotive, truck, and bus OEMs; utilities, renewable energy suppliers, solar and geothermal installers, and homeowners; and consumer product companies in the telephone and the hand-held scanner markets. Ener1, Inc. was founded in 1985 and is headquartered in New York, New York.
OTCPicks.com, one of the leading penny stock Web sites, presents its daily Stocks to Watch and Midday Market Movers every weekday. In addition to all the latest penny stock news, OTCPicks also offers daily newsletters, unique commentaries and free profiles, alerts and investing tips.
The stocks presented above are available in OTCPicks.com's Free Daily Email Newsletter. For daily penny stock alerts CLICK HERE.
Disclosure: OTCPicks has not been compensated by any of the companies covered in this release.
