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ThursdayMay 22, 2008 10:16 am

Oil Prices Skyrocket over $135.00 a Barrel before Dipping

The price per barrel of oil reached another historic high today. Oil futures pulled back a little after reaching a record high level of $135.00 per barrel. New York light sweet crude hit $135.09 per barrel and Brent North Sea oil reached $135.14 a barrel. "It seems there is no stopping to soaring oil prices," said Andrey Kryuchenkov at the Sucden brokerage in London. "Investors doubt that the market will be able to meet ever growing demand in the long run, with booming emerging market economies underpinning robust demand for energy," he added. Since the beginning of 2008, crude futures…

ThursdayMay 22, 2008 9:31 am

HotOtc Featured Company: USA Superior Energy Holdings Inc. (USSUE.OB) Estimates First Project Value at $122 Million Based on $85 per/Barrel Oil, Pumps 1,000 Barrels in 1st Half of April

Especially in Texas, hot out-of-the-shoot is the way that most start-up companies want to be thought of. They do their due diligence and make the business go right from the start. There is always a little trepidation when investing in a relatively new company entering an established market, but if its plans workout, there can be a tremendous profit upside. USA Superior Energy Holdings Inc., an oil and gas exploration and recovery company, works to recover oil and gas from marginalized shallow wells through the use of new technological processes. The company is beginning operations in Texas and is planning…

ThursdayMay 22, 2008 9:28 am

OTCPicks Featured Company: Transax International Limited (TNSX.OB) Reports Record Financial Figures for First Quarter 2008

Transax International Limited (OTCBB: TNSX) announced record numbers for the first quarter ended March 31, 2008. The company is a provider of health information products and solutions to manage coding, compliance, reimbursement, abstracting, and record management processes for healthcare providers and health insurance companies. Their services assist in reviewing in-patient and out-patient claims data, enable healthcare facilities to collect and report patient demographic and clinical information, and automate the record tracking and location functions. At the closing of Wednesday's trading, the company's stock rose 400.00%. Net revenues totaled $1,480,964 compared to $1,186,226 for the first quarter of last year, a…

ThursdayMay 22, 2008 7:30 am

Joytoto USA Inc. (JYTO.OB) Looking for Success in America

Joytoto USA Incorporated is a multi-media consumer products developer and online video game developer and distributor. Their operations are based in Santa Clara, California, but the company is a subsidiary of their much larger parent company, Joytoto Korea. Joytoto USA is an original equipment manufacturer of digital consumer multimedia products such as MP3 players, and is the exclusive supplier of Best Buy's in-house Insignia Brand of MP3 players. They also develop and distribute online interactive video games. On April 18th, 2007, Joytoto USA announced plans to distribute online video games to consumers in the U.S. to satisfy growing demand, through…

ThursdayMay 22, 2008 7:24 am

Uranium Resources Inc. (URRE) Mining for Future Growth

Incorporated in 1977, Uranium Resources Inc. explores for, develops, and mines uranium. Since incorporation, they have produced over seven million pounds of uranium. Located in Lewisville, Texas, they currently produce uranium at a rate of 400,000 pounds annually. Uranium Resources Inc. is part of the Industrial Metals and Minerals industry. They trade on NASDAQ and have a market capitalization of $250.02M. Their current mining methods involve in-situ recovery (ISR). In-situ mining is a noninvasive, environmentally friendly mining process involving minimal surface disturbance. The company's focus is to capitalize on the strong global market for uranium. They are doing this by…

ThursdayMay 22, 2008 7:22 am

Cherokee Inc. (CHKE) Continues to Ink Major Licensing Deals

Located in Van Nuys, California, Cherokee Inc. (CHKE) is a global apparel company with over 4 billion in annual retail sales. With a market capitalization of $257.08 M, they trade on NASDAQ. Cherokee is a marketer, licensor, and manager of top brands that they own and represent. Cherokee's own brands are their namesake Cherokee line, Sideout, Chorus Line, Saint Tropez West, All That Jazz, and Carole Little. Brands they represent are House Beautiful, Hot Kiss, and Juan Carlos. The company's focus is on global "retail direct" licensing. Cherokee's products are available exclusively with top retailers within defined geographic areas. They…

ThursdayMay 22, 2008 7:20 am

Novori, Inc. (NOVO.OB) Announces Intent to Merge With Zalemark, Inc.

Novori Inc., a leading online jewelry retailer of fine diamond engagement rings, and Zalemark Inc., a manufacturer of fine jewelry, have entered into a merger intent agreement. Both companies are anticipating closing the agreement sometime close to June 21, 2008. Until then, the merger will be subjected to negotiation and execution of binding definitive documents, satisfaction of certain conditions precedent, approval by Novori shareholders and other ordinary and customary closing conditions for a transaction of this type. Zalemark was created by Steven Zale, an award winning jewelry designer and Chairman in 2002 with the initial launch of the Demeter® line…

ThursdayMay 22, 2008 7:17 am

HotOtc Featured Company: Copper King Mining Corporation (CPRK.PK) Readies for Mill Start-Up by Middle to Late Summer

Some of the best investment opportunities come from patience and persistence. When a good idea or product comes along, those that got there first justifiably want to position themselves before offering the idea to others. Keeping an eye out for these hidden gems, and being patient while those in the know get their house under control, can ultimately pay off handsomely in the future with solid profits. Copper King Mining Corporation, a mining and exploration company, is working to reopen mining operations at a southern Utah base-metals mine. This particular deed was first granted and saw mining activities in 1937.…

ThursdayMay 22, 2008 7:14 am

Uranium Energy Corp. (UEC) Launches New Exploration Project

As many people know, uranium-powered facilities currently generate 16 percent of the world's energy, and that ratio is growing all the time. US-based Uranium Energy Corp. focuses on the In-Situ Recovery (ISR) method; an extraction technique involving the insertion of chemical solvents into a mineral pocket and subsequent harvesting of the resulting solution for processing. Nearly all of the uranium mined in the United States is obtained using the ISR method. Upon the historically uranium-rich Colorado Plateau lies the Uruvan Mineral Belt, a veritable hotbed of mining activity. Aptly named, the Uruvan Belt is known specifically for the large quantities…

ThursdayMay 22, 2008 6:29 am

Global Roaming Distribution, Inc. (GRDB.OB) Announces the Addition of 100 New GSM Alliances, Increasing Coverage to 172 Countries

Global Roaming Distribution today announced the addition of 100 new roaming partners, which will provide additional full roaming access to its flagship product, the CelTrek SIM card. The company’s coverage now includes more than 172 countries on over 450 GSM carriers. A few of the names that the company has strategically partnered with include: British Virgin Islands, Haiti, Turks and Caicos Islands, Djibouti, Montserrat, and Palestine Authority. CEO, Florian Y. Seroussi, commented, “Our goal is to add all remaining countries throughout the year to truly live up to our name... Global Roaming. “The CelTrek SIM card allows travelers who depend…

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