February 08, 2013 at 12:31 PM EST
OTC Profits Energized: Energy Related Penny Stocks Among Those Logging Huge Gains on Friday

The Bull in Advantage Network presents the following list of trending OTC Stocks, two of which are energy plays that are exploding today on the heels of press releases which were put out this morning: Worthington Energy, Inc. (OTCQB: WGAS), Friendly Energy Exploration (OTCQB: FEGR), MediSwipe Inc. (OTCQB:MWIP) & China Education International, Inc. (OTCPINK: CEII)

 

Worthington Energy, Inc. (OTCQB: WGAS) is an energy company engaged in the acquisition, exploration, development and drilling of oil and natural gas properties. In a recent agreement with Montecito Offshore, LLC, Worthington acquired a 70% working interest, with a net revenue interest of 51.975%, in a 546.875 acre claim located in the Gulf of Mexico offshore from Louisiana. The company referred to a commitment letter for an $8.5 million term loan from Ventana Group LLC which will fund the deal.

Friendly Energy Exploration (OTCQB: FEGR) is engaged in low-cost oil and gas recovery in Texas. Today the company announced it has signed a letter of intent to purchase 45% of the working interest in an 80 acre lease with 22 oil wells in Young County, Texas. The company expects to finalize an agreement within 10 days.

MediSwipe Inc. (OTCQB:MWIP) is a patient security solutions and financial products company for the medicinal marijuana and health care industry. Yesterday the company announced that the state of Michigan has received in excess of ten million dollars ($10,000,000) as the result of medical marijuana legislation from tax revenues in a report released yesterday. This report has been featured in the news feeds of several of the other stocks in the cannabis sector, as it pertains to the industry as a whole.

China Education International, Inc. (OTCPINK: CEII) is a leader in the management and operation of Kindergarten through 12th Grade Chinese private schools, vocational schools, and educational organizations, through its subsidiaries.

 

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