PennyTrader.com Presents Today’s Midday Stock Report: USEI, APGS, BWMG
Stocks are pushing higher so that the three major equity averages now sport solid gains at morning highs. The move comes in the wake of the latest ISM Services Index. The Index for May came in at 53.7, which is up from the 53.5 posted in the prior month, and better than the 53.1 that had been generally expected among economists polled by Briefing.com.
USEI - Trade Alert
Up 30.37% in morning trading to $.0425 with 5M shares traded
US Energy Initiatives has two separate energy initiatives; one in the automotive sector and one in the oil, gas & technology sector. They will continue to develop and market their automotive technologies which they have done since 1996; and focus on manufacturing and marketing GREEN retrofit systems for the conversion of gasoline and diesel engines, and market new and innovative hybrid fuels. They will also acquire and develop stranded or un-recovered oil properties for enhanced oil production, create partnerships with operators, create strategic alliances for primary and secondary recovery, and partner with farm-ins on properties where technology will be utilized to improve recovery efforts. Their goal here is to become an environmentally responsible oil and gas company; utilizing all methods available to improve oil recovery. US Energy Initiatives (USEI.OTC) announced today that it has entered a Joint Venture with BulovaTech Labs, Inc., a private company located in Austin, Texas, and Silicon Valley, California (”Bulova”), to distribute a fuel product designed to replace the current formulation of gasoline.
To Read Full Story go to: http://www.pennytrader.com/
********************
APGS – News Alert
Up 21.67% in morning trading to $.1095 with 1M shares traded
Apps Genius Corp develops, markets, publishes, and distributes social games and software applications that consumers can use on a variety of platforms. The platforms include social networks, wireless devices such as cellular phones and smartphones, including the Apple iPhone™, and standalone websites. Their Entertainment Division focuses on leveraging the fan base of existing social media and entertainment brands to market apps and games developed. To date, They have released several applications including ‘Bed Bug Alert,’ an informational tool for the Apple iPhone™, ‘My Mad Millions,’ a game application for Facebook™, ‘Slap a Friend,’ a game application for the Apple iPhone™, ‘Bruisers,’ a game application for Facebook™, and ‘Crazy Dream’ Application for Facebook™. Apps Genius Corp (APGS) issued an update summarizing corporate developments including progress on its soon-to-launch crowdfunding site, GetFunded.com, as well as upcoming game releases.
To Read Full Story go to: http://www.pennytrader.com/
********************
BWMG – News Alert
Up 11.69% in morning trading to $.043 with 15M shares traded
Brownie’s Marine Group, Inc. and its wholly owned subsidiary, Trebor Industries, Inc., d/b/a Brownie’s Third Lung, based in Fort Lauderdale, Florida designs, tests, manufactures and distributes recreational hookah diving, yacht based scuba air compressor and Nitrox Generation Systems, and scuba and water safety products. The Company sells its products both on a wholesale and retail basis and is comprised of three highly specialized dive product groups. Brownie’s Marine Group, Inc. (OTCBB:BWMG – News) today announced that on May 25, 2012, the Molecular Impact Energy (MIE) steam generation system produced continuous steam without a conventional boiler apparatus. The MIE system was also successfully attached to a conventional double acting two-cylinder steam engine. Developing the test platform to prove the relative energy efficiency of the Molecular Impact Energy (MIE) invention and the eventual integration for the entire marine industry for which Brownie’s has exclusive rights, is a key near-term goal of the Company.
To Read Full Story go to: http://www.pennytrader.com/
********************
To Follow PennyTrader on Twitter: http://twitter.com/pennytrader
To Join Our Facebook Page: http://www.facebook.com/PennyTrader2
PennyTrader.com, PO Box 791, Prosper, TX 75078, Telephone: (972) 546-3740, Email: Publisher@PennyTrader.com.This email address is being protected from spam bots, you need Javascript enabled to view it
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. PennyTrader.com makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. You are receiving this email because you have registered on PennyTrader.com or one of our affiliate companies.
The information contained in our report should be viewed as commercial advertisement and is not intended to be investment advice. The report is not provided to any particular individual with a view toward their individual circumstances. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Our newsletter and website have been prepared for informational purposes only and are not intended to be used as a complete source of information on any particular company. An individual should never invest in the securities of any company profiled based solely on information contained in our reports. Individuals should assume that all information contained in the report about profiled companies is not trustworthy unless verified by their own independent research.
Any individual who chooses to invest in any securities should do so with caution. Investing in securities is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Always research your own investments and consult with a registered investment advisor or licensed stock broker before investing.
Information contained in our report will contain “forward looking statements” as defined under Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Subscribers are cautioned not to place undue reliance upon these forward looking statements. These forward looking statements are subject to a number of known and unknown risks and uncertainties outside of our control that could cause actual operations or results to differ materially from those anticipated. Factors that could affect performance include, but are not limited to, those factors that are discussed in each profiled company’s most recent reports or registration statements filed with the SEC. You should consider these factors in evaluating the forward looking statements included in the report and not place undue reliance upon such statements. We are committed to providing factual information on the companies that are profiled. However, we do not provide any assurance as to the accuracy or completeness of the information provided, including information regarding a profiled company’s plans or ability to effect any planned or proposed actions. We have no first-hand knowledge of any profiled company’s operations and therefore cannot comment on their capabilities, intent, resources, nor experience and we make no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company and related public information sources which we believe to be reliable but we cannot guarantee the accuracy of the information. To the fullest extent of the law, we will not be liable to any person or entity for the quality, accuracy, completeness, reliability, or timeliness of the information provided in the report, or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of information we provide to any person or entity (including, but not limited to, lost profits, loss of opportunities, trading losses, and damages that may result from any inaccuracy or incompleteness of this information). We encourage you to invest carefully and read investment information available at the websites of the SEC at http://www.sec.gov and FINRA at http://www.finra.org.
Disclosure: PennyTrader.com is not currently being compensated for any stocks covered in this midday report.
Leave a Comment