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Monday, January 3, 2011

Tuesday's Watch List

ZLUS -  CoreStream Energy Inc.(ZLUS) is a HOT oil & gas stock in which current investors are awaiting a press release due this month discussing major events with respect to both its past business assets, debts and its emerging oil and gas projects. CoreStream Energy also announced that is currently working on its 2010 financial reporting and should be in full compliance within the next 60 days and are confident that they will remain compliant in the future. CoreStream Energy also announced that its subsidiary, Zealous Asset Management, LLC (ZAM) and the two funds ZAM manages, Ault Glazer Capital Partners LLC (AGCP) and Zealous Partners LLC (ZP), have settled all legal matters with Patient Safety Technologies, Inc. (PSTX.OB) et al. The lawsuit was filed by ZAM and the funds in Orange County Superior Court, Case Number 30-2010-00424948, on November 16, 2010. The Company expects that the settlement should have a major positive effect on its balance sheet and help the Company reduce its legal costs and obligations. The Company is still assessing the financial implications of this settlement and will discuss some of the effects of the settlement in the upcoming investor update next week.Currently trading at .0046, we feel that this is severely undervalued and can easily gain over 100% in total profits from this level.
http://finance.yahoo.com/news/CoreStream-Energy-Inc-Sells-iw-91471735.html?x=0&.v=1
http://finance.yahoo.com/news/CoreStream-Energys-iw-70190049.html?x=0&.v=1

With Oil Prices looking to once again break all time highs this year and gas exceeding well over $3/gal & some analyst & energy experts say that gas prices will see $4/gal this year, investors are rummaging around for the most undervalued oil & gas stock they can find and the PennyStocKingZ believe that we have found it. CoreStream Energy changed CEO's back in August of last year and so happens to be a blood heir 3rd generation  heir of oil billionaires. Chris Rainbolt is the CEO of CoreStream Energy and his billionaire fathers and forefathers have keen knowledge on knowing which lands in the United States have an abundance of oil lying underneath. This CEO is serious about restructuring this company and selling off all assets that are not energy related so that they can focus on their primary goal at hand & that is OIL BABY!

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