Stocks are down modestly in midmorning action as the market continues to deal with liquidity concerns. Financials are reversing course from earlier gains amid continued credit woes. Treasuries are higher and remain as a safe-haven investment amid skittishness over economic strength and the credit crunch.
Monday's Top Performing SmallCapVoice.com stocks included:
International Oil & Gas Holdings Corporation (Pink Sheets: IOGH) which was one of SmallCapVoice.com's top performer for 8/20/07 closing up over 16% on trading volume of 256,250 shares.
International Oil & Gas Holdings Corporation recently announced that the Company has contracted to purchase a property containing a 52,000 square foot building situated on 4.8 Acres in Guymon, Oklahoma. With the addition of this building, the company's planned biodiesel production capacity can be scaled to produce 100 million gallons of biodiesel fuel per year, a dramatic increase over current production levels.
Platina Energy Group, Inc. (OTC BB: PLTG) was another SmallCapVoice.com's top performer for 8/20/07 closing up over 9% on trading volume of 471,191 shares. Platina Energy Group, Inc. recently announced that it had reached total depth and finished drilling its first well on the Young County prospect one week ahead of schedule, and has struck oil.
Today's Hot Stock To Watch;
S3 Investment Company, Inc. (Pink Sheets: SIVC), a holding company with two subsidiaries doing business in the China market, today announced the selection of Richardson & Patel, LLP to provide legal representation for the reverse merger clients of Redwood Capital, Inc.
Redwood Capital is a wholly owned subsidiary of S3 Investment Company which assists private Chinese companies in accessing the U.S. capital markets by utilizing a network of investment banking relationships to achieve reverse mergers into U.S. public "shell" companies.
SIVC is today's SmallCapVoice's hot stock to watch.
To get small cap and OTC stock quotes, company news, and much more please visit www.smallcapvoice.com. Don't forget to sign up for our free newsletter. Our newsletter comes out once a day in the morning and features great small cap stock news, audio interviews, investor fact sheets on quality small cap stocks and more. We will never share your email address and we use Constant Contact, the industry standard for ethical email distribution. This provider makes it just as easy to opt out as it is to opt in guaranteed!
About SmallCapVoice.com
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client's financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.
About Platina Energy Group: Platina is an E & P company that owns several oil and gas lease properties in Texas and Tennessee. The Company is currently producing oil in one field. It also owns leases for proven and unproven reserves for which it is in the process of obtaining drilling permits. Additionally, Platina owns rights to a German-inspired, proprietary oil recovery technology that allows for the cost-effective recovery of certain types of untapped reserves that exist throughout the world.
Platina Energy Group Inc. (OTCBB: PLTG) is an OTCBB listed small cap stock company, who recently announced that it has reached total depth and finished drilling its first well on the Young County prospect one week ahead of schedule, and has struck oil.
At this early stage it is too premature to accurately assess the value of the well, or the likely production, however preliminary indications are that production will meet or exceed original estimates.
The field crew is beginning the completion process while moving the primary drilling rig to the second location by next week.
Blair Merriam stated, ?Today Platina Energy Group achieved a tremendous milestone. Last week we were able to expand the Young County funding to $5,000,000.00 to drill up to 50 wells. This week, our first well struck oil. If this is any indication of our coming good fortune, I can only imagine what the remainder of the prospect could yield. With the price of oil hovering in the $70 per barrel range, and with no relief in sight, we are on the way to becoming a major player in this segment of the industry.?
About Small Cap Voice
Small Cap Voice offers small cap & OTC investor relations services, dedicated to ensuring its client companies gain valuable exposure in the small cap and OTC markets. Through internet interviews, conference calls, emails, investment newsletters, small cap & OTC company news and placement on financial web sites Small Cap Voice creates a consistent presence in the public eye for their clients.
Stuart T. Smith has sinced written about articles on various topics from Guide Guitar, Guide Guitar and Small Cap Stocks. Contact: Stuart T. Smith CEO 512-267-2430 ssmith@smallcapvoice.comor. Stuart T. Smith's top article generates over 5400 views. to your Favourites.