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We have been watching this one very closly over the past few days and it looks prime for a possible move to the upside I think that if we can break .14 to .145 on the bid side that a test of .17 is certainly not out of the question. Also note the nice cup and handle. Annotated chart borrowed from Moving Pennies.
We have been watching this one very closly over the past few days and it looks prime for a possible move to the upside I think that if we can break .14 to .145 on the bid side that a test of .17 is certainly not out of the question. Also note the nice cup and handle. Annotated chart borrowed from Moving Pennies.
We have been watching this one very closly over the past few days and it looks prime for a possible move to the upside I think that if we can break .14 to .145 on the bid side that a test of .17 is certainly not out of the question. Also note the nice cup and handle. Annotated chart borrowed from Moving Pennies.
Seems like seeker is right a big part of the time.
News travels fast.
Universal Bioenergy Announces it Closes Acquisition of Whitesburg Coal Mine in Deal V
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Universal Bioenergy Inc., (OTCMarkets:UBRG), a publicly traded independent diversified energy company, is pleased to announce that it has closed the transaction for the acquisition of a 40% stake in the Whitesburg Friday Branch Mine LLC, a producer and provider of thermal steam coal in eastern Kentucky in a deal valued at over $264 million over the next five years. Formal notification of the closed transaction is pending filing with the U.S. Securities and Exchange Commission on Form 8-K, which will include a copy of the definitive agreement.
The Company will now rapidly expand into the coal energy market sector now that it has completed this acquisition. Thermal/Steam non-coking coal is used as a primary source of energy for coal fired powered plant electric generation. Universal and Whitesburg will mine, produce and market "Thermal/Steam" coal to sale to its electric utility customers for power generation The Whitesburg mining operations are the surface and high wall mining type and does not include any underground mining. Whitesburg owns the leases for the coal mineral rights, has the mining permits from the State of Kentucky and expects to start full mining production in March 2012. The deal is projected to generate over $264 million in estimated revenues for the Company over the next 5 years.
Domestic and global demand for coal continues to grow. According to the American Coal Foundation, 9 out of every 10 tons of coal mined in the United States today is used to generate electricity, and more than half of the electricity used in this country is coal generated electricity. The U.S. Energy Information Administration (EIA) says coal as a fuel source for electricity generation will increase 25% by 2035 in the United States. Overall, the EIA predicts that coal will remain the dominate fuel source for electricity generation, growing to about 11,000 terawatt hours from its current level of about 8,000.
Universal's President Vince M. Guest states, "This acquisition marks a major milestone for us, as it gives us a diverse energy product portfolio including natural gas, propane, oil and coal. We believe this acquisition will help position us to up-list to NASDAQ, and take advantage of our other acquisition targets in the energy industry. Under the terms of the agreement, Universal will market the coal, and the mine is projected to generate an estimated $264 million in gross revenues for Universal over the next 5 years. That's an average of $52.80 million in sales annually, in additional to our estimated $71.74 million in sales for 2011. The potential earnings to be generated from this acquisition is estimated at $5 to $8 million annually for Universal alone. Although we cannot guarantee an actual valuation, according to industry valuation standards using average P/E ratios from Standard & Poor's, at a multiple of 15 times earnings, a valuation of $75 to $120 million dollars is an estimate of the potential additional market capitalization value of this acquisition alone to Universal."
About Universal Bioenergy Inc.
Founded in 2004, Universal Bioenergy Inc., is a publicly traded independent diversified energy company that produces and markets natural gas, petroleum, coal and propane. We market energy resources to the largest public utilities, electric power producers and local gas distribution companies in the U.S., that serve millions of commercial, industrial and residential customers. We are also engaged in the acquisition and development of existing or recently discovered oil and gas fields, leases and surface coal mines. For more information visit www.universalbioenergy.com
The Universal Bioenergy Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6784
Safe Harbor Statement - There are matters discussed in this media information that are forward looking statements within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. Such statements are only forecasts and actual events or results may differ materially from those discussed. For a discussion of important factors which could cause actual results to differ from the forward looking statements, refer to Universal Bioenergy Inc.'s most recent annual report and accounts and other SEC filings. The company undertakes no obligation to update publicly, or revise, forward looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.
CONTACT: Media Relations:
Solomon Ali
949-559-5017
Thanks joepenny This is great news. Good luck everybody!!!!
Keep this one on radar as i think there is more to come!!!!
Here is just a small sample of recent developments for the company.
UBRG Reports Sales Of $71 Million in 2011 - Expects to TRIPLE Sales in 2012!
http://finance.yahoo.com/news/Universal-Bioenergy-Projects-pz-3891891605.html?x=0
The recent acquisitions in gas storage and trading, and higher sales of natural gas, propane, oil and coal will literally fuel the bottom line of UBRG in 2012. The company has shown consistent sales and double-digit growth. Sales have climbed from $41 million in 2010 to $71 million in 2011.
* UBRG entered advanced negotiations for natural gas storage with a large U.S. distributor.
* Their subsidiary, NDR Energy Group, is in final negotiations to supply natural gas for two multi-billion dollar energy companies.
* UBRG outlined a strategy to add new profit centers by taking over service providers in the natural gas supply and distribution business.
* UBRG announced the sale of 2.53 billion cubic feet of natural gas in January raising the 2012 annual revenue projections to over $200 million.
Nice day for DIGX today as traders were able to get in and out with some smaller % gains today as the stock closed up 6.5% at .1917 and was high at .205 on 182,000 shares traded Total dollar volume was $34859.00 Congrats to all who were able to take some profits on this one today.
As always treat these smallcaps as trades only get in and out, Take profits when avail and cut small losses before they become big losses.
DIGX Technical play. We have been watching this one over the past several days and todays increased buying volume caught my eyes as it tells me that somebody is accumulating the stock. Does somebody or sombodies know something? Take note of the chart as this one has been working its way back up to previous highs. This one has some nice upside potential imo as the first resistance on the daily chart is at todays high of .25 and is .07 from todays close of .18 After .25 we have some limited resistance of .26 .275 with blue sky above.
As always take profits when avail and cut small lossses before they become big losses. Good luck and happy trading.
DIGX Technical play. We have been watching this one over the past several days and todays increased buying volume caught my eyes as it tells me that somebody is accumulating the stock. Does somebody or sombodies know something? Take note of the chart as this one has been working its way back up to previous highs. This one has some nice upside potential imo as the first resistance on the daily chart is at todays high of .25 and is .07 from todays close of .18 After .25 we have some limited resistance of .26 .275 with blue sky above.
As always take profits when avail and cut small lossses before they become big losses. Good luck and happy trading.
And my opinion on DIGX.
DIGX Technical play. We have been watching this one over the past several days and todays increased buying volume caught my eyes as it tells me that somebody is accumulating the stock. Does somebody or sombodies know something? Take note of the chart as this one has been working its way back up to previous highs. This one has some nice upside potential imo as the first resistance on the daily chart is at todays high of .25 and is .07 from todays close of .18 After .25 we have some limited resistance of .26 .275 with blue sky above.
As always take profits when avail and cut small lossses before they become big losses. Good luck and happy trading.
Dig-It Underground Inc. Announces Initial Order of Stephen Fishwick Artwork by Event Network, Inc.
Press Release: Dig-It Underground Inc. – 10 hours ago
LAS VEGAS--(BUSINESS WIRE)-- Dig-It Underground Inc. (Pink Sheets: DIGX) is pleased to announce that its wholly owned subsidiary Get Down Art has opened a new account, Event Network Inc., which operates hundreds of specialty retail stores in aquariums, American history museums, botanical gardens, children’s museums, iconic cultural centers, natural and cultural history centers, science attractions, traveling exhibitions, and zoos across the United States.
Get Down Art's first order for Event Network Inc. has been shipped to the Georgia Aquarium Store, due to arrive the first week of January 2012. Stephen Fishwick’s “For Life” Collection of artwork will be featured at the Georgia Aquarium Store. The Stephen Fishwick “For Life” Collection is a series of artwork based on endangered species that hopes to raise awareness and funds to assist in saving the many habitats and animals that are being threatened.
Brandon Donofrio, President of Dig-It Underground Inc., stated, "Event Network, Inc. is a very impressive company with a passion for retail. We are honored to be a new vendor with them. We are looking forward to a long-term relationship that will increase the exposure for the Stephen Fishwick art collections and make unique products with Event Network, Inc. We will be updating new exciting additions to our relationship over the next several months.”
Get Down Art is a 6-year-old Las Vegas based company specializing in the worldwide marketing of consumer products to retailers, specializing in apparel, branding intellectual properties, and graphic illustrations of world famous artists and brands including Sin City Kitty™. The company’s e-commerce website can be viewed at www.getdownart.com.
The information contained in this release consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward–looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, and competition in general that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward–looking statements whether as a result of new information, future events or otherwise.
Dig-It Underground Inc. Announces that Spencer’s Gifts Adds an Additional Stephen Fishwick “Icons” Collection Poster
Press Release: Dig-It Underground Inc. – Tue, Dec 27, 2011 3:30 PM EST
LAS VEGAS--(BUSINESS WIRE)-- Dig-It Underground Inc. (Pink Sheets: DIGX) announces that its wholly owned subsidiary, Get Down Art, has sold the world-famous artist Stephen Fishwick's “Watch Tower” poster to Spencer’s Gifts.
Get Down Art has had seven titles in the over 600 Spencer’s Gifts Stores during the 2011 holiday season, and the new Stephen Fishwick ‘Watch Tower” title continues our established relationship.
The Stephen Fishwick “Watch Tower” was commission by the Hard Rock Hotels. The massive 5-foot by 7-foot original hangs in the Hard Rock Hotel in Sydney, Australia. The Stephen Fishwick “Icons” Collection is a series of original paintings that are artist interpretations of iconic people, places and things.
Brandon Donofrio, President of Dig-It Underground Inc., stated, "Spencer’s Gifts has over 600 stores across the United States and continues to be a great account for us. We look to expand our relationship with Spencer’s in 2012 with additional products and categories.”
Get Down Art is a six-year-old Las Vegas-based company specializing in the worldwide marketing of consumer products to retailers, specializing in apparel, branding intellectual properties, and graphic illustrations of world-famous artists and brands, including Sin City Kitty™. The company’s e-commerce website can be viewed at www.getdownart.com.
The information contained in this release consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward–looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, and competition in general that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward – looking statements whether as a result of new information, future events or otherwise.
I can't believe that nobody has posted the last 2 days news on DIGX as this one has held up nicely so i guess i will get things caught up here.
BTW got you marked and following. Go PBGC.
We have all seen chatter followed by wow factor news move a stock many times. Im not in nor have i been compensated in anyway but i do have it on radar. Good luck everybody
Is good to see you back Im fairly certain that this board will come alive very soon. Is always good to hear from you!!!!
NVSR Volume looks to be starting watch for the spread to close then BLAMMO imo. Good luck everybody
NVSR Volume looks to be starting watch for the spread to close then BLAMMO imo. Good luck everybody
NVSR on radar with a huge amount of buzz over the past days and recent news of 2.4 MILLION dollar funding.
NavStar Technologies, Inc. Announces $2.4 Million in Funding From Southern California Investor Group
http://finance.yahoo.com/news/NavStar-Technologies-Inc-iw-733354861.html?x=0" rel="nofollow" target="_blank" >http://finance.yahoo.com/news/NavStar-Technologies-Inc-iw-733354861.html?x=0
The past trading history on NVSR shows that is known for making some large moves,Get this one on radar as it is positioned to make another possible move to the upside.
Good evening bud. Looking foward to a great week here You been posting some good stuff.
NVSR on radar with a huge amount of buzz over the past days and recent news of 2.4 MILLION dollar funding.
NavStar Technologies, Inc. Announces $2.4 Million in Funding From Southern California Investor Group
http://finance.yahoo.com/news/NavStar-Technologies-Inc-iw-733354861.html?x=0" rel="nofollow" target="_blank" >http://finance.yahoo.com/news/NavStar-Technologies-Inc-iw-733354861.html?x=0
The past trading history on NVSR shows that is known for making some large moves,Get this one on radar as it is positioned to make another possible move to the upside.
Very well said RTXB on radar here!!!!
NVSR on radar with a huge amount of buzz over the past days and recent news of 2.4 MILLION dollar funding.
NavStar Technologies, Inc. Announces $2.4 Million in Funding From Southern California Investor Group
http://finance.yahoo.com/news/NavStar-Technologies-Inc-iw-733354861.html?x=0" rel="nofollow" target="_blank" >http://finance.yahoo.com/news/NavStar-Technologies-Inc-iw-733354861.html?x=0
The past trading history on NVSR shows that is known for making some large moves,Get this one on radar as it is positioned to make another possible move to the upside.
NVSR on radar with a huge amount of buzz over the past days and recent news of 2.4 MILLION dollar funding.
NavStar Technologies, Inc. Announces $2.4 Million in Funding From Southern California Investor Group
http://finance.yahoo.com/news/NavStar-Technologies-Inc-iw-733354861.html?x=0" rel="nofollow" target="_blank" >http://finance.yahoo.com/news/NavStar-Technologies-Inc-iw-733354861.html?x=0
The past trading history on NVSR shows that is known for making some large moves,Get this one on radar as it is positioned to make another possible move to the upside.
Like rumor of a possible 4 mil contract.
Im hearing some good things coming on this one.