STOCK GOODIES PLAYS OF THE WEEK

[Gatorelf]

Stocks to Watch AGOE @ .23 oil and gas play. Amerigo Energy Provides Acquisition Update

March 16, 2011 "The Company" (OTC Bulletin Board:AGOE.ob ), provided the following information regarding it's anticipated merger/acquisition. If an agreement can be reached, the company expects to announce a letter of intent detailing the terms by March 24, 2011.

The company has entered into a due diligence period with two potential candidates for the purposes of merger or acquisition. The companies are both involved in consumer products and technology.

"We are thrilled to have identified two potential partners to further our negotiations for acquisition. Either of the aforementioned candidates will dramatically enhance the value for our existing shareholders while keeping dilution to a minimum. I remain steadfast on the point of completing this transaction without a reverse split or any recapitalization that might negatively impact share price or liquidity. We feel the candidates we are working with provide the best opportunity for our current and future investors," stated Jason Griffith, Amerigo Energy's Chief Executive Officer.