Welcome to The Daily Stock Report...brought to you by QualityStocks.Net, performance tracked daily. I'm Cathy Rankin and for Wednesday June 13th we're bringing you the latest news from around the markets as well as the top movers to look out for today... (HEADLINE NEWS) Today the Quality Stocks Daily is offering a re-cap of some of the top movers and shakers on the Quality Stocks watch list, this special report is brought to you today by Global Resource Corporation (GBRC.PK) Global Resource is a development stage company, holds rights to a technology that has various applications to recover energy, such as oil and gas from waste materials. It has an exclusive license with Mobilestream Oil, Inc. for a family of technologies, which allow for the recycling of an automobile tire, as well as permit the economic recovery of oil from sources, such as shale, tar sands, oil resid, and existing oil wells. Terax Energy (TEXG.OB) announced that Westar Oil Inc has acquired the senior debt position held by third party creditors in the amount of Three Million Dollars. Westar intends to convert the debt into stock of Terax Energy at a value of $6.75 per share The share exchange agreement with calls for Westar shares to be valued at $24.50 per share and Terax shares will be valued at $6.75 per share. That exchange will be effective for all shareholders of record as of June 21, 2007. Terax Energy, Inc. operates as an independent gas exploration, development, and production company in the United States. Raven Gold Corp. (RVGN) signed a new La Currita Groupings Joint Venture Agreement with Tara Gold Resources Corp. raising the exploration expenditure commitments from $3.5 million usd to $4.25 million usd on Raven Gold's La Currita project located near Temoris, Chihuahua, Mexico The company also announced today that Mr. David Michaud has accepted the position of Director for the company. He has specialized in the operation of large-scale metallurgical concentrators for the past 15 years. Dynamic Leisure Corporation (DYLI.OB) shares were boosted this on news that Dynamic Leisure was awarded an exclusive travel provider contract for Veterans Helping Veterans, Inc. DLC will offer a variety of travel programs to over 7 million veterans within V2v's database, and potentially 26 million American veterans worldwide Dynamic Leisure Corporation announced recently they have been awarded a net rate merchant contract with Leading Interactive Reservations, LLC, and American Veterans will have access to these discount travel products beginning in the 3rd Quarter of this year on DLC's new website. Southern Home Medical Equipment, (SHMM.PK) Inc. announced yesterday the company has completed the acquisition of the Villa Platte, Louisiana branch of Evangeline Medical and Nursing Supply, Inc Greg Tucker, President of Southern Home Medical Equipment, Inc. commented on the acquisition stating " "With the addition of this branch of Evangeline Medical, we are on pace to attain approximately $2,100,000 in rolling 12 month revenues Southern Home Medical Equipment, Inc. provides various home care services and products, including respiratory and durable medical equipment. And that's our newsmakers, Stay tuned right here to Quality Stocks Daily for the latest news from small cap to large cap, and everything in by QualityStocks.Net, where performance is tracked daily. Thank you for tuning in, I'm Cathy Rankin, Have a great day and we'll see you tomorrow, right here on the daily report.
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Added: Sep 19, 2007 |
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Author: QualityStocks |
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