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| LIGA Is On Fire with Big News |
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 Hot Stock to Watch
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Company: LIG Assets, Inc. (Pink Sheets: LIGA)
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Last:
Price: 0.0036
Change (%): + 0.0006 (20.00)
Volume: 10,006,196 |
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LIG Assets, Inc. Signs Definitive Agreement to Merge With West Coast Partners, LLC and CP Resources, LLC to Focus on Oil & Gas Exploration and Production
DALLAS, Sept. 4, 2014 (GLOBE NEWSWIRE) -- LIG Assets, Inc. (OTCPK:LIGA) is pleased to announce that it has officially merged with West Coast Partners, LLC and CP Resources, LLC effective September 02, 2014. West Coast Partners and CP Resources will become wholly owned subsidiaries of LIG Assets, Inc., and it is estimated that they bring added revenue of over 1 million dollars a quarter. The primary focus of the merged entity will be to develop its current portfolio of leases for oil and gas reserves on over 36,000 acres in Nevada and Texas. LIG Assets will maintain its commercial and residential real estate operations, but may consider a spin-off or sale of these assets in the future.
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SmallCapVoice Clients' News
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Company: BreedIT Corp. (OTCQB: BRDT)
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BreedIT, Monsanto and GW Pharma Underscoring Advancements in Medical Marijuana Industry
Whitefish, MT / September 4, 2014 / There is no shortage of philosophies coming from so-called pundits on how to play the legalized marijuana movement. The problem is that it’s a nascent industry full of nascent companies, making it difficult to discern which companies will prevail. Many jumping into the pot space are throwing a dart of momentum plays (mostly those in the competitive growing or retail businesses) with only a modicum of information. There are some sectors that are being somewhat overlooked that may offer a more fundamentally sound opportunity for growth. The biotech space is like stacking speculation (biotech) on top of risk (medical marijuana), but that usually adds up to a home run if a company can get it right. Most investors are aware of the potential regulatory hurdles, but that has not steered them away from GW Pharmaceuticals (GWPH). Probably the best biotech working with cannibinoids, GW Pharma has caught the attention of Wall Street for many reasons, including an upcoming clinical trial for Dravet syndrome, a terrible, life-threatening disease where patients are plagued with seizures that many families argue cannabis provides relief (if not essentially a cure).
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Other Small Cap News
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Company: Sparta Commercial Services, Inc. (OTCQB: SRCO)
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iMobileapp Sees Significant Expansion of Its Customer Base Across US And Canada
NEW YORK, NY--(Marketwired - Sep 4, 2014) - Sparta Commercial Services, Inc. (OTCQB: SRCO), reported today, that its product, iMobileApp.com, a leader in mobile applications for small and growing companies, is experiencing a significant expansion of its customer base, which highlights the diversity of its products across the United States and Canada, in terms of the types of businesses and companies that are becoming subscribers.
Given the recent surge in commercial interest for iMobileapp in both the US and Canada, the company is looking forward to strong growth in the coming months and years.
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Company: Mobetize Corp (OTCQB: MPAY)
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Mobetize and iWire Sign MOU to Develop First Payroll Funded Mobile International Money Transfers for UAE
BLAINE, Wash., Sept. 4, 2014 (GLOBE NEWSWIRE) -- Mobetize Corp (OTC:MPAY) has signed a memorandum of understanding with iWire Consulting of Dubai, UAE to develop and launch the first mobile money transfer service to be funded via payroll for expatriate workers in UAE.
Until 2009, the bulk of the five plus million foreign workers in the UAE, mostly from India, Pakistan, Sri Lanka, Bangladesh and Philippines, were paid with cash - a normal procedure in most of the Middle East that regional governments are now changing. UAE today has over 8 million people living there from 140 different countries and the international money transfer remittance market in the UAE is very large with foreign workers sending home Dh10 billion (US 2.72bn dollars) each month or over US 32 Billion dollars annually.
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Market News
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By Peter Schacknow: CNBC
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Early movers: HD, GPRO, YUM, HRB, PVH, DHI & more
Check out which companies are making headlines before the bell:
Joy Global - The mining equipment maker missed estimates by four cents with third quarter profit of 80 cents per share, excluding certain items. Revenue was also well below forecasts in what Joy Global calls a "challenging commodity market environment" as customers cut their equipment spending.
D.R. Horton - The home builder's stock was upgraded to "buy" from "neutral" at UBS, which said the company is well-positioned heading into the next stage of the housing recovery.
Ciena - The telecom equipment maker reported third quarter profit of 32 cents per share, excluding certain items, four cents above estimates. Revenue also beat consensus, but the company gave a current quarter forecast below Street estimates based on "several significant variables."
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By Dan Murtaugh and Lynn Doan: Bloomberg
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Saudi Arabia Oil Sales to U.S. Imperiled by Shale Boom
After years of keeping the price of crude sold to the U.S. low enough to maintain market share, Saudi Arabia is losing ground as the shale boom leaves U.S. refiners with ample supplies of inexpensive domestic oil.
Arab Light crude for sale in the U.S. averaged 48 cents a barrel less than Light Louisiana Sweet, a Gulf Coast benchmark, in August, the narrowest discount in data compiled by Bloomberg back to 1991. The U.S. imported 878,000 barrels of Saudi crude a day in the first four weeks of August, the least since 2009.
Shale drilling has boosted U.S. oil output to the highest level since 1986. As refineries turn to lower-priced domestic oil to make fuel at a record pace, the Saudis and other foreign suppliers are left with dwindling slices of the market. In June, imports from Saudi Arabia accounted for the smallest share of crude processed at U.S. refineries since February 2010.
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SmallCapVoice (SCV) is an electronic publication. Information sources for our profiles include, but are not limited to, online research, member suggestions, magazines, newspapers, analyst suggestions, information provided by the profiled company, press releases and similar sources. This communication is not an offer to sell or a recommendation that you buy or sell any security. SCV holds no securities licenses and is not qualified to provide investment advice. We are compensated for these advertisements by the profiled companies. You should not use this newsletter as the sole basis for any investment decision. While all investments involve risk, microcap stocks are among the most risky. Many microcap companies have no proven track record. You should only invest in microcap companies if you can afford to lose your entire investment. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. These profiles are paid advertisements. Although we have a reasonable belief that the information in each profile is accurate, we cannot guarantee that the information is accurate. It is important for you to verify all information by your own independent research. You are receiving this message because you have agreed to receive emails from SmallCapVoice.com. You may opt out of our distribution list at any time by clicking on the "unsubscribe" link below. Link to full disclosure about compensation paid to SmallCapVoice.com, Inc. by companies featured on our website or in our e-mail communications. |
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