TradersWorks.com: NEWS on Volume Leaders- PGPM, AWYB, MSRM, CKYS- October 2nd , 2006
Dallas, Texas, Oct 02, 2006 (M2 PRESSWIRE via COMTEX) -- TradersWorks today
with Pilgrim Petroleum Corporation (OTC:PGPM); American Way Business Development
Corporation (OTC:AWYB); Mobilestream Oil and Global Resource (OTC:MSRM);
CyberKey Solutions, Inc. (OTC:CKYS)
Oil Update: Oil continue rising on Nigeria and Venezuela's oil cut production.
Nymex climbed to $63.21, while Brent increased to $61.48. More on
Tradersworks.com
Investors, day traders and the financial community, TradersWorks.com continue
following most recent developments today.
Pilgrim Petroleum Corporation (OTC:PGPM) announced on Friday the company's
projected EPS (Net Earnings / Outstanding Shares) $102,370,000/358,841,164 of
0.29 based on Pilgrim's Future Net Revenues estimations. Thus, the resulting EPS
multiplied by a sustainable growth rate of 25% and multiplied by the average
industry P/E ratio of 14.79 (Reuters), Pilgrim's intrinsic value or estimated
stock value should be worth $1.055 per share. This assessment doesn't include
all of Pilgrim Petroleum properties, only those in Wichita and Archer counties.
We will disclose results next quarter for the rest of our properties. In its
efforts to become a fully reporting company, Pilgrim Petroleum concluded its
initial phase of acreage resource estimation and economic valuation. It will
continue to value and put in line the additional properties recently added to
its asset portfolio, while implementing its ongoing well re-activation program.
Pilgrim Petroleum management is focused on multiple horizons with hydrocarbon
potential and is proud to communicate that the company's combined assets of
marginal wells and potential resources will create additional value to its
current and future shareholders. Rafael Pinedo, President of Pilgrim Petroleum
Corporation, commented, "Pilgrim Petroleum is growing in a very fast pace with
substantial opportunities. Management is committed to continue our process to be
listed in Canada. Pilgrim Petroleum is looking forward to keeping investors
informed of its progress and success in 2006." Stock Price: 0.055, Up+22.22% on
13,500,452 shares traded
American Way Business Development Corporation (OTC:AWYB) ("AWYB") announced
recently that it has completed its transaction with Pure Pleasure Fantasies,
Inc. ("PLEASURE"), a Nevada corporation. Dynamic Resources LLC introduced the
parties and facilitated the transaction. AWYB has, among other things, obtained
all trademarks and patents relating to the Ultimate Adult Board Game "SHADOW SEX
AND FANTASY MAZE". This Ultimate Adult Board Game has opened a new horizon on
the sexual frontier. The SHADOW SEX AND FANTASY MAZE and related adult products
have been in operation since 1998. AWYB is also expected, once the requisite
corporate formalities are met, to thereafter operate under the name Pure
Pleasure Fantasies, Inc. with a new CUSIP symbol. This is very exciting for us,
says Don Platten, President of AWYB. We will be keeping Management in place and
will be appointing a New President for this Company. There is a tremendous
upside in this business; as they say, SEX SELLS. Also, on the corporate side,
those persons heretofore short selling AWYB's stock will be in a serious dilemma
once the stock certificates are called. AWYB plans to take the SHADOW SEX AND
FANTASY MAZE and related adult products to the next level with an aggressive
marketing campaign. American Way Business Development Corporation (OTC:AWYB)
nurture and support its clients with a team of seasoned professionals and an
international network of corporate and financial affiliates, helping on reverse
merger, public shells, initial public offering (IPO) venture capital, raising
capital, help with SEC Edgar filings, prospective mergers & acquisitions,
recapitalizations and restructurings, or follow-on financing.
Stock Price: 0.400, Up+ 116.22% on 8,872,229 shares traded
Mobilestream Oil and Global Resource (OTC:MSRM) jointly announce a meeting
between the companies to be held on October 11, 2006, to discuss the acquisition
by Global of all technologies owned by Mobilestream Oil. Mobilestream Oil, Inc.,
(OTC:MSRM) owns a family of microwave technologies which not only allow for the
complete recycling of an automobile tire (recovering all of the component parts
for resale), but also permit the economic recovery of oil from sources such as
shale, tar sands, oil resid and existing oil wells. As a result of Global's
acquisition of all of the assets of Carbon Recovery Corporation on 9-22-2006,
Global Resource Corporation (OTC Bulletin Board: GBRC) is the exclusive licensee
of Mobilestream Oil's family of technologies. Both companies' management feel
that under one corporate structure their shareholders could gain a much added
value. Mobilestream Oil's President Frank Pringle also announced that he will be
converting a large block of common stock, leaving Mobilestream Oil with
approximately 88,500,000 shares of common stock outstanding. "I feel that our
shareholders will benefit directly by my conversion of stock and any type of
acquisition or merger plan by our two companies. This, of course, doesn't even
take in to account that Mobilestream Oil is the single largest shareholder of
Global Resource Corporation owning 37,500,000 shares of Global Recourse
Corporation and the substantial license valuation given to us by an independent
expert for our tire technology." The shares of Global Resource Corporation have
a present bid price of $1.20 and have a value of $45,000,000.
Stock Price: 0.13, Up+30.00% on 717,769 shares traded
CyberKey Solutions, Inc. (OTC:CKYS) recently announced that the Company has made
its newly remodeled website available to the public at
www.cyberkeysolutions.com. The new upgraded website now offers the Company's new
products, pricing, and services, as well as continued download and online sales
support. One of the hottest marketing trends today is using USB drives as
marketing or promotional giveaways. CyberKey Solutions now offers the
opportunity to customize the CyberKey USB drive or mobile communications devices
with a company's logo and branding for high impact marketing promotions.
CyberKey Solutions reveals several revised names for their products, as a part
of the Company's new marketing campaign. The two redesigned product names are
the CyberKey Ramp, the 8GB version of the CyberKey, and the CyberKey Stealth,
which is the biometric version. "I'm very excited about our upgraded website and
the new services we are offering though it. CyberKey Solutions is a
next-generation solutions provider and our website should reflect our innovative
nature and I feel that we have accomplished that with this new site," stated Jim
Plant, CEO of CyberKey Solutions, Inc. CyberKey Solutions, Inc. recently
announced that it will start marketing and selling its products to partners and
customers in the European market this month. The Company anticipates setting up
partnerships with major European cellular and automobile manufacturers, such as
Nokia, Sony Ericsson, and Volvo, among others.
Stock Price: 0.014, Up+ 12.00% on 19,177,832 shares traded
ABOUT TRADERSWORKS
TradersWorks help your company become visible in the market. Let us know your
story and we do the rest. Contact us at contact@tradersworks.com
DISCLAIMER: TradersWorks.com (TW) not a registered broker/dealer and may not
sell, offer to sell or offer to buy any security. TW profiles are not a
solicitation or recommendation to buy, sell or hold securities. An offer to buy
or sell can be made only with accompanying disclosure documents from the company
offering or selling securities and only in the states and provinces for which
they are approved. The material in this release is intended to be strictly
informational. The companies that are discussed in this release have not
approved the statements made in this release nor approved the timing of this
release. All statements and expressions are the sole opinion of TW and are
subject to change without notice. Information in this release is derived from a
variety of sources including that company's publicly disseminated information,
third parties and TW research. The accuracy or completeness of the information
is not warranted and is only as reliable as the sources from which it was
obtained. TW disclaims any and all liability as to the completeness or accuracy
of the information contained and any omissions of material fact in this release.
The release may contain technical inaccuracies or typographical errors. It is
strongly recommended that any purchase or sale decision be discussed with a
financial adviser, or a broker-dealer, or a member of any financial regulatory
bodies. Investment in the securities of the companies' discussed in this release
is highly speculative and carries a high degree of risk. TW is not liable for
any investment decisions by its readers or subscribers. Investors are cautioned
that they may lose all or a portion of their investment if they make a purchase
in TW's profiled stocks.
TradersWorks.com ("TW") provides its members with the latest news, press
releases, and research reports for all the companies highlighted on the site. TW
utilizes information believed to be reliable herein prepared all material. The
information contained herein is not guaranteed by TW to be accurate, and should
not be considered to be all-inclusive. The owner, publisher, editor and their
associates are not responsible for errors and omissions. They may from time to
time have a position in the securities mentioned herein and may increase or
decrease such positions without notice. Any opinions expressed are subject to
change without notice. TW encourages readers and investors to supplement the
information in these reports with independent research and other professional
advice. All information on featured companies is provided by the companies
profiled, or is available from public sources and TW makes no representations,
warranties or guarantees as to the accuracy or completeness of the disclosure by
the profiled companies or the information contained herein. Please consult a
broker before purchasing or selling any securities viewed on
http://www.tradersworks.com or mentioned herein.
This release contains "forward-looking statements" within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E the Securities
Exchange Act of 1934, as amended and such forward-looking statements are made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. "Forward-looking statements" describe future expectations,
plans, results, or strategies and are generally preceded by words such as "may",
"future", "plan" or "planned", "will" or "should", "expected", "anticipates",
"draft", "eventually" or "projected". You are cautioned that such statements are
subject to a multitude of risks and uncertainties that could cause future
circumstances, events, or results to differ materially from those projected in
the forward-looking statements, including the risks that actual results may
differ materially from those projected in the forward-looking statements as a
result of various factors, and other risks identified in a companies= annual
report on Form 10-K or 10-KSB and other filings made by such company with the
Securities and Exchange Commission. You should consider these factors in
evaluating the forward-looking statements included herein, and not place undue
reliance on such statements. The forward-looking statements in this release are
made as of the date hereof and TW undertakes no obligation to update such
statements.
CONTACT: e-mail: contact@tradersworks.com
M2 Communications Ltd disclaims all liability for information provided within M2
PressWIRE. Data supplied by named party/parties. Further information on M2
PressWIRE can be obtained at http://www.presswire.net on the world wide web.
Inquiries to info@m2.com.