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  • 3 Pre-Lunch OTCBB Market Movers - (OTCBB: GOHG, LUXE, SIOR) 0 comments
    May 19, 2010 3:29 PM

    Global Holdings Inc. (OTCBB: GOHG) is trading at $0.075 up $0.035 or 87% on heavy volume of 203k:


    This morning the company announce its acquisition of Bosonic Industrial Corp. Bosonic is a newly formed company that is developing a proprietary application for velocity dependent electrical energy harvesting in order to offer an efficient and environmentally friendly alternative to long-term, large-scale energy production for municipalities and private industry. Bosonic is also developing other green technologies as well as advancements in homeland security. Scientist, Stephen Boyd, will assume the role of Chief Technical Officer of Global

    Lux Energy Corp. (OTCBB: LUXE) is trading at $0.03 up $0.013 or 76% on heavy volume of 1.7M:

    An oil and gas production and exploration company today reported that the Operator of the Woodrush project in the Peace River Arch, Northeast British Columbia, has released the results of a 24 hour production test of the new oil discovery on the property. Lux Energy Corp has a working interest in this project. The well was subsequently completed in the Halfway sand and flow tested in excess of 500 barrels of oil per day (BO/day) of light sour oil during a 24 hour test. Pipelines are now being laid to the Operator's central production facility. Production is to commence soon at rates between 300 and 400 BO/day.

    Superior Oil and Gas Co. (OTC BB: SIOR) is trading at $0.064 up $0.021 or 48% on heavy volume of 232k:

    On May 11th the company reported it had acquired the Donahoe#1 well in Logan County, Oklahoma. According to Dan Lloyd, Jr., Vice President of Superior, "This is a welcome addition to our Logan County properties." "We should be able to improve this well's performance with only modest work-over efforts. It is well situated amidst extensive infield production and accompanying delivery infrastructure."


    Disclosure: no positions
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