subject: Pennypayday Tuesday Stock Recap [print this page] PennyPayday.com -- OTCBB Stocks Up On Fresh News: (LBAS, DRLY, and SNRY)
Location Based Technologies (OTC:LBAS) is up 42.86 percent after trading 254,297 shares on the day. This increase to $0.20 per share came after LBAS released news regarding the completion of PocketFinder and PetFinder. These devices are nearing completion of the final hurdle for sales in the United States. The news release stated that the company is expecting to receive its approval from AT&T Laboratories Network Certification next week.
Doral Energy Corp. (OTC:DRLY) has traded 149,156 shares and is up over 16 percent to close the day at a PPS of $0.045. Doral released news at today's open regarding a Sale Agreement to acquire 6,800 acres of producing Oil and Gas assets within New Mexico. This agreement states that DRLY will purchase 15 leases that are producing approximately 54 BOPD within the Permian Basin at a purchase price of $1.7MM. The working interest in these leases are ranging from 32.3% to 87.5%.
Solar Energy Initiatives Inc. (OTC:SNRY) closed the day at $0.135 after trading more than 800K shares on the day. This increase of more than 21% came after the company released news about receiving a grant from the South Caroline Energy Office. The grant has a value of $704,110 and is to be used for a solar rooftop array on its showcase facility in Kingstree, SC. This grant will allow SNRY to complete the solar array that will generate the energy needed to operate this facility and was funded from a federal stimulus package. Penny Payday is aware of one newsletter being paid cover SNRY today.
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PennyPayday.com -- Notable Pinksheet Moves: (SBRH, IAUS, and IFUS)
Sebastian River Holdings Inc. (PINK:SBRH) traded more than 1.7 million shares today and closed at $0.19. This price per share represents an increase of 15.15% but the stock saw prices as high as $0.45 which would be an increase of 172.73%. The company released news at 2:00 PM regarding newly appointed advisors to their board of directors.
International Automated Systems, Inc. (PINK:IAUS) closed up four cents to a PPS of $0.28. This increase of 16.67% came after the stock traded 174,415 shares. IAUS also had a volatile trading day and saw prints as low as $0.26 and as high as $0.38. International Automated Systems, Inc. released news today that stated that they were exploring a Multi-Million dollar partnership in deployment of it new solar technology that the company considers to be" breakthrough technology" in the industry. " IAUS has developed a new and unique solar technology that can be produced at a cost significantly lower than traditional solar power technologies today and the only solar technology that IAUS believes has the versatility and price point to replace oil. IAUS currently has solar power plant projects in the works at various stages of development."
Impact Fusion International Inc. (PINK:IFUS) was heavily marketed today and showed new investors a nice return. The IFUS market closed up 33.33% on the day after trading 6,523,773 shares. Penny Payday is aware of eight different newsletters that were paid to cover this company in the past two days. Today IFUS released news about scheduling a conference call for potential consumers and investors of their proprietary nutraceuticals.
