Stock on the Move for Wednesday: IOGH! August 1, 2007
Market Wire, August, 2007
Stock Market Alerts' performance stock list includes: International Oil & Gas Holdings Corporation (PINKSHEETS: IOGH), Bunge Limited (NYSE: BG), Constellation Energy (NYSE: CEG), BP (NYSE: BP).
Having commence biodiesel sales of 6,000 gallon-per-day, with a target of doubling shipments by Mid-Summer, International Oil & Gas Holdings Corporation (PINKSHEETS: IOGH) is a "must-see" stock. The company, a diversified holding company, managing assets in the energy, bio-fuel, bio-chemicals and renewable technologies markets, has recently issued several press releases that should have investors paying close attention.
Yesterday after the markets closed, the company announced that chemical industry manufacturers have begun purchasing biodiesel production by-products from the company's Oklahoma plant.
"We feel that our proprietary process for producing biodiesel and green energy by-products comes at a key time when America's committed to achieving energy independence," said Mr. Graves. "With sales underway for our biodiesel and now our biodiesel production by-products, IOGH is moving in the right direction at the right time for America's future."
The company reports that bio-chemical manufacturers plan to market specialty chemical products such as cleaning solvents, surfactants, additives for two-cycle engine oils, and marine fuel replacements. IOGH biochemical by-products will replace the petroleum-based chemicals commonly used for these products, creating new categories of green energy products for American consumers.
This additional great news for IOGH investors, as, in regards to the company's planned 12,000 Gallon-Per-Day production schedule, the company also recently announced that it has secured an agreement with the trucking firm "CP and the Farm Boys Inc." to truck raw material into IOGH facilities and then to truck finished product out to all IOGH customers.
There is also a potential acquisition that could make a significant impact on the company! On July 19th, 2007, the company also announced the signing of a Letter of Intent to acquire 100 percent of three privately owned oil and gas companies. According to the press release, the transaction includes 171 producing wells and 6,079 acres. According to the release, a reserve study completed June 30, 2007 by M. Hugh Hefner Ph.D. at Hefcorp-jon places the proven reserves at 66,602,000Mcf of gas and estimated potential Coal-Bed Methane reserves at 46,172,000Mcf, totaling over one billion cubic feet of proven and potential reserves!
Watch this company closely!
IOGH closed Tuesday at Seven cents a share.
For Stock Market Alerts' in-depth profile of International Oil & Gas Holdings, visit http://www.wallstreetenews.com/HotStocks/IOGH073107/default.aspx .
Other Stocks of interest yesterday were:
Bunge Limited (NYSE: BG) up 0.4% on 1.7 million shares traded. Bunge Limited is a leading global agribusiness and food company founded in 1818 and headquartered in White Plains, New York. Bunge's over 22,000 employees in over 30 countries enhance lives by improving the global agribusiness and food production chain. The company supplies fertilizer to farmers in South America, originates, transports and processes oilseeds, grains and other agricultural commodities worldwide, produces food products for commercial customers and consumers and supplies raw materials and services to the biofuels industry.
Constellation Energy (NYSE: CEG) down 0.7% on 2.5 million shares traded. Constellation Energy ( www.constellation.com ), a FORTUNE 200 company with 2006 revenues of $19.3 billion, is the nation's largest competitive supplier of electricity to large commercial and industrial customers and the nation's largest wholesale power seller. Constellation Energy also manages fuels and energy services on behalf of energy intensive industries and utilities. It owns a diversified fleet of 78 generating units located throughout the United States, totaling approximately 8,700 megawatts of generating capacity. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland.
BP (NYSE: BP) down 0.7% on 4.2 million shares traded. BP is a global producer, manufacturer and marketer of oil, gas, chemicals and renewable energy resources.
The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company." The company received compensation for services performed for International Oil & Gas Holdings Corporation (PINKSHEETS: IOGH). The compensation was Eleven thousand dollars, from third party, Level Marketing, who is non-affiliated and may hold a significant position in the stock. Because Wall Street Enews received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.
The information contained in this press release is for informational purposes only, and not to be construed as an offer to sell or solicitation of an offer to buy any security. The company makes no representation or warranty relating to the validity of the facts presented nor does the company represent or warrant that all material facts necessary to make an investment decision are presented above. Stock Market Alerts LLC is an advertising company and therefore, this release should be viewed for informational purposes only.
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