What is KNIGHTS O/S?

letter of intent to acquire all the issued and outstanding capital stock of Knight Energy Corp. (Knight) based in Coppell, Texas.

Just call the company, no answer.. Voice mail..

justa.

ITGI...OIL..OIL..OIL..WAtch the L2's....
heading towards $5..at least
Aquired a Knight oil company and released a PR about increase in revenues..
2 Mil O/S...
Look for PR friday.....
and also speculation of Fwd split ...!!!

ITGI revenue news released

Recurring revenues of $17.2 million were driven primarily by the acquisitions of Macgregor and Plexus and include subscription based revenues generated principally from our network connectivity services, order management systems, and our analytical products. Excluding the Macgregor and Plexus acquisitions recurring revenues increased 6% to $2.6 million.

Other revenues, which included $7.8 million related to the NYSE Transaction (as discussed in “Executive Summary” above), increased $9.7 million in First Quarter 2006.

Total expenses increased $27.8 million or 56% compared to First Quarter 2005. Excluding the expenses of Macgregor and Plexus ($17.2 million), expenses from U.S Operations grew 21%.

U.S. compensation and employee benefits expense increased by $16.6 million, or 68% primarily reflecting higher headcount associated with the Macgregor and Plexus acquisitions ($8.7 million) and higher performance based compensation and employee benefits including bonuses, profit sharing and stock-based compensation. Also contributing to these costs was additional headcount related to new product development, sales and support.

Interest expense reflects the cost of our borrowings to finance the acquisitions of Macgregor and Plexus, as discussed in Note 10 to the condensed consolidated financial statements and in “Liquidity and Capital Resources”.

Other expenses increased $6.8 million or 41%, of which $5.4 million relates to the First Quarter 2006 Macgregor and Plexus acquisitions, which were not included in First Quarter 2005 results. Also contributing to the growth in other expenses were (i) higher overall business activity, (ii) higher marketing costs related to our marketing/branding efforts, and (iii) higher consulting fees, primarily related to systems and new business development activities. During First Quarter 2006, we changed our estimate of the useful life of our capitalized software from two years to three years resulting in lower software amortization expense of $0.9 million (see Note 1, “Organization and Basis of Presentation”, to the condensed consolidated financial statements and “Critical Accounting Policies and Estimates”), which partially offset these increases

L2 today was clear indicator of real serious action.....
All buys except one sale...of 200 shars which I think is a MM code for ...I need shares

market maker signal for shares.
100--I need shares
200-I need shares badly,but do not take it down
300-take the price down to get shares
400-trade it sideways based on supply and demand
500-gap one way or another,to the direction of the 500 trade

0.55 10000 OTO 16:01:12
0.55 10000 OTO 16:00:26
0.55 900 OTO 15:58:48
0.54 10000 OTO 15:58:09
0.54 5000 OTO 15:51:01
0.54 10000 OTO 15:47:49
0.54 1000 OTO 15:46:52
0.54 2500 OTO 15:46:41
0.54 2500 OTO 15:45:06
0.54 20000 OTO 15:45:02
0.53 4000 OTO 15:42:34
0.53 10000 OTO 15:37:02
0.52 5000 OTO 15:16:22
0.52 1000 OTO 15:08:47
0.52 417 OTO 14:57:55
0.52 200 OTO 14:03:33
0.55 2000 OTO 13:53:25
0.52 10000 OTO 13:35:27
0.52 3500 OTO 13:34:19
0.52 3500 OTO 13:33:55
0.52 500 OTO 13:15:19
0.52 1000 OTO 13:15:19
0.52 2500 OTO 13:13:22
0.52 2500 OTO 13:12:21
0.52 2000 OTO 13:11:26
0.52 2000 OTO 13:10:20
0.52 10000 OTO 13:06:08
0.52 10000 OTO 13:05:08
0.50 10000 OTO 13:03:31
0.50 10000 OTO 13:03:23

Oil. Gas. Texas.

Ingredients for success. I'll keep an eye on this one.

MONSTER IN MAKIN'!!!!!!!!!!!!!!!!!!!!!!