Obsidian Financial’s Morning Market News for Thursday October 13, 2011: AER Energy Resources Inc., General Motors Co., GLG Life Tech, Neustar Inc., United Technologies Corp.

OFinancialinc.com announces the following stocks to its Morning Market News: AER Energy Resources Inc. (OTC: AERN), General Motors Co. (NYSE: GM), GLG Life Tech (NASDAQ: GLGL), Neustar Inc. (NYSE: NSR), United Technologies Corp. (NYSE: UTX)

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AER Energy Resources, Inc. (OTC: AERN) announced yesterday 10/12/11, it has successfully signed an agreement with Black Gold Exploration LLC of Farmersville, TX for the purchase of a 50% interest in a joint venture. AER Energy Resources, Inc. is purchasing a 50% joint venture interest for the drilling of two new wells on leases in Knox County, Texas. The agreement calls for a Definitive Joint Venture to be executed no later than October 20, 2011 with closing no later than November 11, 2011. Both companies expect successful completion of the JV.

To view the full press release for AER Energy Resources, Inc. (OTC: AERN), CLICK HERE or visit OFinancialinc.com

Other stocks highlighted include:

General Motors Co. (NYSE: GM) said Wednesday 10/12/11, that it will start selling an all-electric Chevrolet small car for the U.S. market in 2013. GM's Chevrolet Spark minicar will go up against Nissan Motor Co.'s Leaf, the only all-battery-powered car currently available in the U.S. from a major auto maker. It will be GM's first attempt at an all-electric vehicle in the U.S. since the company scrapped the EV-1 more than a decade ago. The auto maker did not provide any details of the vehicle's range on a charge or pricing.

GLG Life Tech (NASDAQ: GLGL) provided a response yesterday 10/12/11, to various unfounded allegations in connection with the company's global stevia business and AN0C joint venture operations. The company has become aware of certain allegations made against it in an article dated Oct. 7, published on the GeoInvest website in the U.S. Generally, the allegations claim that the company's 2011 financial statements may have been misrepresented and that the company failed to provide adequate disclosure surrounding its operational activities. The company unequivocally denies that the company's previously filed financial statements were misrepresented and believes it has properly and accurately disclosed the nature of its business and operations. The article contains a number of allegations regarding specific operational matters that the company believes are either wholly inaccurate or misleading. As stated in the company's press release issued Oct. 6, the company remains confident in its business strategy, its growth opportunities, its people and the progress it is making with both its global stevia business and the AN0C all-natural sweetened zero-calorie products in China.

Neustar, Inc. (NYSE: NSR) and Targus Information Corporation, or TARGUSinfo, announced on 10/11/11, that they have entered into a definitive agreement under which Neustar, a global leader in network addressing, routing and policy management, will acquire TARGUSinfo, a leading, independent provider of real-time, on-demand information and analytics services including Caller ID, for approximately $650 million in cash. TARGUSinfo’s services help its customers identify, verify, score and locate their customers and prospects. It processes over 100 billion transactions per year. The company generated approximately $149 million in revenues for the twelve months ended September 30, 2011, representing 20% year-over-year growth, with an adjusted EBITDA margin of approximately 45%, excluding the impact of expenses associated with a 2010 TARGUSinfo recapitalization event.

United Technologies Corp. (NYSE: UTX) announced today 10/13/11, that group company Pratt & Whitney and Rolls-Royce, a global provider of the power systems, have reorganized their participation in IAE International Aero Engines AG (IAE). The IAE is engaged in the production of the V2500 engine for the A320 family of aircraft. As per the agreement made by the companies, Rolls-Royce will sell its equity and program shares in IAE to Pratt & Whitney for $1.5 billion. Pratt & Whitney plans to discuss a potential offer of a part of the shares to be acquired with MTU Aero Engines AG (MTU) and Japanese Aero Engines Corporation (JAEC), IAE partners of Pratt & Whitney. In addition to the agreed sales price for the next fifteen years after the completion of the deal, Rolls-Royce will be entitled to receive a fixed amount for each hour flown by the current installed fleet of V2500-powered aircraft. Apart from this restructuring, Pratt & Whitney and Rolls-Royce entered into a new partnership agreement to power future mid-size aircraft, with capacity of 120 – 230 passengers. A joint venture company will be formed in which both the companies will have equal share and will produce new engines for the next generation of aircraft, replacing the existing mid-size fleet.

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All material herein was prepared by Obsidian Financial Communications, Inc. (OFC) based upon information believed to be reliable. The information contained herein is not guaranteed by OFC to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. OFC is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://OFinancialinc.com or mentioned herein. AER Energy Resources, Inc. (OTC: AERN) - OFC has not been compensated for AERN. In addition to any compensation mentioned above, additional compensation can be equal to ten percent of any newly issued or registered securities of the profiled companies. OFC's affiliates, officers, directors and employees may own shares and intend to buy and sell additional shares of the companies mentioned herein and may profit in the event those shares rise in value. OFC will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. To see OFC's full disclaimer / compensation, please visit our web site:  http://ofinancialinc.com/disclaimer

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