These Stocks Shine as the Market Stumbles: U.S. Energy Initiatives Corp. (PINKSHEETS: USEI), AGR Tools Inc. (OTCBB: AGRT), Organovo Holdings Inc. (OTCBB: ONVO), Synacor Inc. (NASDAQ: SYNC)
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Equities Awareness Group LLC
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Mobile Stock Picks specializes in identifying companies with ground breaking news or stocks ripe for a technical breakout before anyone else, and today announces four stocks that have shined while the general market has stumbled:
- U.S. Energy Initiatives Corp. (PINKSHEETS: USEI)
- Organovo Holdings Inc. (OTCBB: ONVO)
- AGR Tools Inc. (OTCBB: AGRT)
- Synacor Inc. (NASDAQ: SYNC)
Breaking News Alert: U.S. Energy Initiatives Corp. (PINKSHEETS: USEI) Enters Joint Venture for Sale of Alternative Fuel. U.S. Energy (PINKSHEETS: USEI) 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. The proprietary patent pending gasoline replacement product was developed by Bulova over several years. The product, A Universal Fuel™, is an enhanced energy feedstock blended with methanol and gasoline commanding an industry setting 96 Octane which is higher than any commercially available non-racing fuel. The product is sold under the brand Singular 96™.
The initial delivery of the fuel occurred on May 25, 2012. Approximately, 800 vehicles were fueled with Singular 96™. The price for this premium grade 96 Octane fuel was seven (7) cents a gallon, below the local prevailing price for regular grade 87 Octane gasoline.
According to Anthony Miller, U.S. Energy (PINKSHEETS: USEI) CEO, "This relationship is a logical progression for our company, because it fits with our core business goals and objectives. This venture will provide Immediate and Significant revenue for us. This retail commodity has tremendous demand currently, which should generate continued sales year after year."
Technical Alert: Organovo Holdings Inc. (OTCBB: ONVO) gains 100% in 15 days! Andrew Bowden, a Seeking Alpha contributing author, initiated a long position in Organovo (OTCBB: ONVO) and explained why he believes it to be a great buy at current levels.
"Organovo (OTCBB: ONVO), a new biotech 3D printing company only a few years old. It will blow your mind learning about their innovative 3D bio printers (if you haven't heard about them yet.) Organovo's (OTCBB: ONVO) primary focus is to be able to create organs that are viable for organ transplants, as soon as possible. The company has made strides in scientific innovation every year; recently being praised for their innovative product by Popular Sciencemagazine and other similar publications.
"Currently the company generates revenue by creating skin tissue and selling them to pharmaceutical companies so they can test trial drugs for toxicology and other side effects. They have already formed a partnership with Pfizer to supply them with experimental samples for their research.
"Other pharmacy companies will soon begin to use their tissues for their own experiments. Another revenue stream that is still being capitalized on is licensing their equipment and technology to schools like Harvard Medical School. Since the stock's IPO in February, the stock has grown from $1.27 to $4.10 and is continuing to grow regardless of economic woes."
Breaking News Alert: AGR Tools Inc. (OTCBB: AGRT) Issues Guidance on Pending Acquisition. AGR Tools (OTCBB: AGRT) is pleased to announce that, subsequent to all material terms including the obtaining of a title opinion confirming the terms of the lease that is acceptable to counsel, being met by both parties in the previously announced Letter of Intent to acquire a 700 acre oil lease from Consolidated Oil and Gas in Overton County, Tennessee, the final acquisition and operating contract and may be executed by both parties as early as Friday, June 15th, 2012. Following the execution of this agreement the parties look to set an immediate timetable for an AFE agreement (approved for expenditure) on the budget for the initial 10 oil wells to be drilled within the lease.
Mr. Vern Wilson, CEO of AGR Tools (OTCBB: AGRT) said, "We are thrilled to be moving so quickly on our first oil property. The very professional team at Consolidated has undoubtedly helped this acquisition to move smoothly and with definitely help during the development process of these oil properties."
Breaking News Alert: Synacor Inc. (NASDAQ: SYNC) TV Everywhere Expert Michael Bishara to Speak at the TV of Tomorrow Show, June 12, San Francisco. Synacor (NASDAQ: SYNC), provider of the leading technology platform enabling cable, satellite, telecom and consumer electronics companies to authenticate their consumers and deliver digital entertainment, TV Everywhere, and online services, today announced its Vice President and General Manager of TV Everywhere, Michael Bishara, will be addressing TV of Tomorrow Show attendees. Bishara will be participating in a streaming media panel at 2 p.m. on Tuesday, June 12, at Yerba Buena Center for the Arts, San Francisco, CA.
A TV Everywhere visionary, innovator and pioneer, Michael Bishara -- largely credited as a force behind the development and successful launch of HBO GO -- will join the panel, The State of the Streaming Nation: OTT, TV Everywhere and Beyond.
TV of Tomorrow focuses exclusively on the delivery and user experience of interactive TV across multiple platforms (e.g., cable, satellite, connected TV/OTT, iPad, and other tablet/companion devices, IPTV, Web, smartphones, social networks, VOD, game consoles, etc.). The panel will explore some of the most pressing issues that have come into play as a result of the rise of streaming video services. It also will discuss the pay-TV industry's strategy to use TV Everywhere services to prevent competitive threats posed by those services.
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