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Monday, February 28, 2011

Tuesday's Watch List

APCX - AppTech Corp. released significant news last Friday stating  that 2 billion shares of common stock have been returned to the company as treasury stock. This stock since then has been under heavy accumulation and the PennyStocKingZ a run to double or even possibly tripling your money from .0008. Great consolidation and the chart looks like its ready for another breakout soon.See full press release below.
http://finance.yahoo.com/news/AppTech-Announces-That-2-prnews-1165022252.html?x=0&.v=1

MMTE - Mammoth Energy Group Inc. released significant news last Wednesday stating that it intends to file resolutions with the state of Nevada to cancel all remaining Preferred shares issued to past management.
The company has been unable to come to a considerable resolution and is only protecting the interests of all shareholders while it works through financing situations.The company is in final stages of negotiations and expects to announce acquisitions of its Chilean concessions by the end of the first quarter with quick plans to up list to the OTC-BB market. Mammoth Energy Group has signed a Letter of Intent with Salt Gold Inter Chile Limitada whose concessions are located in the Salar de Maricunga. The company is currently speaking with five other local Chilean and Canadian companies to acquire mining rights and concessions. The company expects its entire lithium package once complete will total acreage of approximately 12,500 hectares or close to 31,000 acres. The value of acres in Chile has been estimated to be $10,000 to $30,000 depending on lithium concentration levels.  
MMTE has been under heavy accumulation in aticipation for the press release due by no later than 03/31. By looking at the trend of the chart, MMTE could very well be trading at .006-.008 before the significant news is released. PennyStocKingZ feel that anything under .004 is a steal and with the going rate of .0032, you can only maximize your profit from these levels. 
http://finance.yahoo.com/news/Mammoth-Energy-Group-to-iw-1931120653.html?x=0&.v=1

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