4 Active Stocks to Watch for 5/3/12: AERN, INBP, SYNC, IFON
May 03 2012 - 10:26AM
Marketwired
FinancialNewsMedia.com "stocks to watch" for today: AER Energy
Resources, Inc. (PINKSHEETS: AERN), Integrated BioPharma, Inc.
(OTCBB: INBP), Synacor, Inc. (NASDAQ: SYNC), InfoSonics Corporation
(NASDAQ: IFON).
Breaking News Update: May 3rd, 2012 before the markets opened
for trading, AER Energy Resources, Inc. (PINKSHEETS: AERN) was
pleased to announce it has entered into a 50/50 Partnership to
participate in reworking thirty (30) shallow oil wells on 80 acres
in Eastern Kansas. The Company will rework each of the thirty (30)
wells through proven secondary recovery techniques. AER Energy has
also secured an option to rework up to an additional sixty (60)
wells on an adjacent 145 acres.
Stanley F. Wilson, AER Energy Resources, Inc. President and CEO,
stated, "AER Petroleum, Inc. plans to complete the 30 Kansas
reworks by early 3Q and will begin operations this summer following
the 9 previously announced reworks. The 30 reworks are anticipated
to begin secondary recovery operations in late August." Mr. Wilson
added, "The additional 30 reworks are expected to
produce a minimum of 30 BOPD and $100,000.00 in new monthly
revenues (at current WTI market prices) upon completion."
Al Karmali, AER Petroleum President, stated, " We are taking
advantage of this new partners long term relationships with O&G
lease opportunities in several Oil plays throughout KS and look
forward to completing the 9 reworks this summer south of this
acreage; so we can begin the secondary recovery drilling of the 30
exceptionally shallow wells within the Bartlesville formation."
AER Petroleum, Inc. continues its secondary recovery drilling
and when possible partnering in reworking low risk oil and gas
prospects, in areas of proven production, primarily in the areas of
KS and TX. The company is continuing to acquire quality leases in
established O&G fields, characteristically surrounded by
existing production.
Read the entire AERN press release announcing more about the
partnership along with their full disclosure here:
http://www.financialnewsmedia.com/stock-investing-business-investing-news/featured-news.php?id=150
Investors are urged to research AERN immediately to determine if
this emerging company with continued breaking news is the next
energy game changer.
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Integrated BioPharma, Inc. (OTCBB: INBP) attracted major
attention in the markets yesterday rising 680% on 5.5Mil shares
traded reaching a 52 week high. Integrated Biopharma, Inc.,
together with its subsidiaries, engages in manufacturing,
distributing, marketing, and selling vitamins, nutritional
supplements, and herbal products primarily in the United
States.
Synacor, Inc. (NASDAQ: SYNC) it has acquired Carbyn, the HTML5
Platform that delivers a unified experience for apps across
Net-connected devices including smartphones, tablets, laptops, and
connected TVs. SYNC is up over 9% in early trading this morning
(05/03/12)
InfoSonics Corporation (NASDAQ: IFON) announced today IFON's
gross profit in the first quarter of 2012 was $2.3 million, a 178%
increase over $812,000 in the 2011 first quarter and that net sales
for the first quarter of 2012 of $12.4 million, which represents a
30% increase over $9.5 million for the first quarter of 2011.
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