Vista Gold Corp. (VGZ)

Vista Gold Corp. (VGZ)

Speculators unquestionably must be content with Vista Gold Corp. (VGZ ) and its transient execution. All things considered, the stock has hopped by 203.7% in the previous 4 weeks, and it is likewise over its 20 Day Simple Moving Average also. This is surely a decent pattern, yet speculators are presumably asking themselves, would this be able to positive pattern proceed for VGZ?

While we can never know without a doubt, it is entirely reassuring that evaluations for VGZ have moved higher in the previous couple of weeks, implying that expert notion is moving in the correct way. In addition, the stock really has a Zacks Rank #2 (Buy), so the late move higher for this spotlighted organization may proceed throughout the following couple of weeks.

Denver, Colorado-based Vista Gold Corp. is an international gold mining company with a 20-plus year history of gold exploration, development and operations. The company’s two main projects are the Concordia gold project located in Baja California Sur, Mexico, and the Mt. Todd gold project in Northern Territory, Australia.

The company’s shares are currently trading around 1.04 a share with an average volume of 439,893 shares. Its outstanding shares are standing around 84 million.

The company recently announced results for the second quarter of 2016. Its net income stood around $1.6 million or $0.02 per share, including an unrealized $3.3 million mark-to-market gain on its investment in Midas Gold Corp. In the same period of last year, it generated net income of $3.6 million or $0.04 per share.

In the first half of this year, its working capital totaled about $16.0 million, which includes cash and short-term investments, while the company has no debt at the moment..

Silver Bull Resources, Inc. (NYSEMKT:SVBL)

Silver Bull Resources, Inc. (NYSEMKT:SVBL)

Silver Bull Resources, Inc. (NYSEMKT:SVBL) made a declaration last year, demonstrating that it would apply to move its posting from the “NYSE MKT” trade to the OTC trade as this would spare the organization cash. Just on the off chance that not all financial specialists understand, the NYSE MKT is not the same as a customary New York Stock Exchange posting, in light of the fact that the NYSE MKT trade is intended for littler organizations that may typically have an OTC posting.

Its outstanding shares are at 174,774,967, while authorized share are at 300,000,000.

Prior to this news turned out, Silver Bull shares had effectively gotten hammered because of the decrease in the prices of silver in the previous year or thereabouts.

Taking into account various measurements, the organization as of now had all the earmarks of being profoundly underestimated, yet the stock is significantly less expensive now because of what gives off an impression of being an incredibly overstated auction and eruption by a few financial specialists.

Shares of Silver Bull have a 52-week high of 35 pennies and were thumped (simply like numerous silver stocks) to pretty much 11 pennies for each share toward the beginning of June.

Be that as it may, Silver Bull shares are presently down to around 7 to 8 pennies for every share, which speaks to an extra decrease of around 30%, right over the news about exchanging to the OTC trade.

That is a gigantic overcompensation, since this organization is as of now terribly underestimated while considering the silver and zinc saves it holds, additionally in light of the fact that this is a sensible move for the organization as a component of watching out for costs.

Purchasing out-of-support stocks for as little as possible is a most loved technique of mine and it can pay off to purchase when different financial specialists are frightful and excessively negative.

Shares of Roxgold Inc (ROG)

Shares of Roxgold Inc (ROG)

Shares of Roxgold Inc (ROG) got a decent knock after the organization discharged production and operations guidance for ultra-high review Yaramoko venture in Burkina Faso.

The Toronto-based junior was changing hands at $1.51, including 2.7% the TSX Venture Exchange on the day, conveying year to date picks up for the $534m counter to 116%. Its outstanding shares are around 18,041,151, while authorized shares at 50,000,000.

Roxgold declared toward the end of August gold generation had achieved 35,753 ounces at a normal plant bolster evaluation of 15.44 g/t Au, including that the organization remains track to achieve business creation this quarter.

The organization poured first gold at the $111 million underground mine in West Africa in May. Yaramoko will deliver 99,500 ounces all things considered every year for an underlying 7.4 years.

In August, stoping operations were set up with the fruitful mining and extraction of the principal stope. Because of the ideal rock conditions experienced the stope size was expanded from 25 meters to 40 meters and conveying 4,321 tons of metal at a normal gold evaluation of 28.49 g/t Au as indicated by an announcement.

The general weakening for the stope was 10.7%, contrasting positively and the Feasibility Study presumption of 20.5%. As of now a second stope is being gotten to, said Roxgold.

The handling plant keeps on working great with high accessibility and gold recuperation has normal 99% in August, over the plausibility study suspicion of 96.9%. Moreover, the plant group keeps on watching enhanced working execution in the gravity circuit as indicated by Roxgold.

Work is additionally advancing on the association with the high voltage national power framework in Burkina, which ought to be finished amid the principal quarter of one year from now.

Roxgold possesses 100% of Yaramoko, however the legislature of Burkina Faso is qualified for 10%. Top shareholder is Appian Capital Advisory, a $750 million private value firm shaped by industry veterans a year ago.

NewCastle Gold Ltd. (CVE:NCA)

NewCastle Gold Ltd. (CVE:NCA)

NewCastle Gold Ltd. (CVE:NCA) stock kept on progressing after the organization reported extra examine comes about because of the organization’s continuous 22,000 meter drill crusade at its Castle Mountain oxide gold task situated in San Bernardino County, California.

By the nearby on Thursday the little top changed hands at $1.22 a share in the Toronto Stock Exchange with a higher than normal one million shares changing managing the organization a business sector worth $194 million. Vancouver-based NewCastle stock is up a bewildering four-fold in quality this year. Its outstanding shares are at 157.93m, while authorized shares at 100,000,000.

In an announcement the organization said the system keeps on focusing on the strike and profundity augmentations to the principle mineral asset along the Oro Belle Trend. The OBT is one kilometer wide by two kilometers in length and stays open toward the upper east and at profundity

President and CEO Gerald Panneton who joined said “the nearness of high-review gold mineralization 100 meters underneath the presently displayed pit will have a positive effect in the subsequent drill program got ready for our pre-plausibility study, which will concentrate on the southern part of the OBT. The present system is characteristic of the brilliant potential to enhance the evaluation and coherence, furthermore to build the asset potential close to the present pit limits for future arranging.”

Panneton, a geologist with more than 30 years in mineral investigation and improvement joined Newcastle a month ago. Panneton was the author of Detour Gold and under his initiative, the Detour Lake Project developed from 1.5 million ounces in assets to more than 16 million ounces for possible later use and into generation in under 6 years after its securing.

Independence Energy (IDNGD.OB)

Independence Energy (IDNGD.OB)

Independence Energy (IDNGD.OB) is a $100+ million self-recognized oil organization, that doesn’t really create any oil, and has an administration with a background marked by association in advanced organizations which experienced ensuing calamitous decrease in share price. This piece will concentrate on administration’s questionable foundation, current limited time exercises encompassing IDNG’s stock and some extra supporting proof that IDNG is being utilized as a vehicle for a Pump and Dump plan.

Its outstanding shares are standing around 357,072,547, while authorized share are at 450,000,000.

Independence Energy Corp. came into its present incarnation as a consequence of a converse merger with a recorded shell organization Oliver Creek Resources in 2008, as plot in this 8-K. Analysts highlights reverse merger organizations are regularly utilized as vehicles for extortion and the SEC has likewise cautioned financial specialists about the dangers of putting resources into converse merger stocks like IDNG in a late notice accessible here.

As indicated by its filings, IDNG was composed to investigate normal asset properties, right now in The United States.

Then, the recorded financials of the latest 10-Q demonstrate that the organization has never created any income or oil from its properties and records an unimportant $308K in resources. As indicated by the latest 10-K the main representative, officer and board executive is Gregory C. Rotelli.

The recent stock split also raised traders concerns. Since it looks bad from a business point of view and would just serve to restrain the real financing choices accessible to IDNG, analysts see the split as a manipulative activity. There is no purpose behind this stock split other than to make the stock less alluring to short. The company’s authorized shares are standing around 450,000,000.

Imperial Petroleum Found Guilty in Misrepresentation

Imperial Petroleum Found Guilty in Misrepresentation

The last respondent in a biofuels trick was discovered blameworthy in government court this week in what prosecutors said was “the biggest scam and securities extortion plan in Indiana history.”

Its outstanding shares are standing around 34.90M, while authorized share are at unlimited.

Imperial Petroleum Inc. President and CEO Jeffrey Wilson of Evansville was discovered blameworthy Wednesday night on numerous criminal allegations taking after an eight-day jury trial. U.S. Locale Judge Sarah Evans Barker of the Southern District of Indiana managed the case.

Wilson was sentenced securities misrepresentation, recording false reports with the U.S. Securities and Exchange Commission, erroneously confirming reports to the SEC, deceiving the organization’s outside reviewer and misleading government specialists.

The extortion included more than $140 million in income and $56 million in criminal benefits, prosecutors said.

Wilson was one of seven respondents—including two Fishers occupants—charged for the situation. The greater part of the others as of now have confessed.

The SEC started researching the case in 2012 after E-Biofuels LLC of Middletown, an Imperial Petroleum auxiliary, petitioned for Chapter 7 liquidation insolvency.
Government prosecutors reported 88 separate charges against the seven co-respondents, in addition to three partnerships, in September 2013.

Prosecutors said E-Biofuels picked up benefits wrongfully by asserting to deliver biofuel at its Middletown plant, charging a premium for the item and guaranteeing government tax cuts saved for biofuel makers.

In actuality, prosecutors said, E-Biofuels was obtaining biodiesel from co-plotters Joseph Furando and Katirina Tracy in New Jersey, through their organizations CIMA Green and Caravan Trading Co. E-Biofuels spoke to clients that it was delivering the biofuel however it was very checking up the fuel and exchanging it at a benefit, prosecutors said.

“By and large, the backstabbers included overabundance of $1.60 per gallon for doing nothing to the biodiesel other than move it around,” a U.S. Lawyer’s Office proclamation said.

The co-litigants running E-Biofuels included siblings Craig Ducey and Chad Ducey, both of Fishers, and Chris Ducey of North Webster alongside Brian Carmichael of Bend, Oregon.

Hydrocarb Energy Corp (OTCBB:HECC)

Hydrocarb Energy Corp (OTCBB:HECC)

Hydrocarb Energy Corp (OTCBB:HECC) is moving lower in late exchanging after a surge upwards toward the start of the year.

The ticker has been around for a considerable length of time experiencing 2 reverse stock parts and the same number of name changes including Strategic American Oil Corp until April 2012 and Duma Energy Corp until February 2014 preceding transforming it to Hydrocarb Energy Corp.

Hydrocarb Energy Corporation is a publicly-traded Domestic and International Energy Exploration and Production Company targeting major under-explored oil and gas projects in emerging, highly prospective regions of the world. With exploration concessions in Africa, production in Galveston Bay, and Oil Field Services in the United Arab Emirates, we maintain offices in Houston, Texas, Abu Dhabi, UAE and Windhoek, Namibia.

The company has outstanding shares around 26,066,191, while authorized shares are standing around 1,000,000,000.

Galveston Bay, Gulf Coast, Texas: Hydrocarb has 18,850 sections of land Held by Production (HBP) and a few investigation ventures being developed in the Bay, 90 wellbores presently under specialized assessment for potential workovers, and 15 Frio skylines to be re-assessed.

Furthermore, in 2015, HECC’s store substitution proportion, a key measure of development for financial specialists, was more than 1800% (18.9:1) for oil and more than 4100% (41.1:1) for gas. Stores were assessed by petroleum engineers R.E. Davis and Associates utilizing SEC rules.

On December 3 HECC announced Mr. Robert M. Harrell has joined the company’s Board of Directors as the second independent director effective November 23, 2015. The company previously disclosed the appointment of Mr. Harrell in its Current Report on Form 8-K filed with the Securities and Exchange Commission on November 23, 2015. Now with two out of three directors being deemed independent, the company has a majority independent board.

GeoGlobal Resources Inc.,

GeoGlobal Resources Inc.,

GeoGlobal Resources Inc., is a rising universal oil and gas E&P organization with its real advantages in India, where oil and gas generation has started in three of the Company’s advantages in the inland Cambay Basin, and gas creation testing has initiated from the major demonstrated seaward Deen Dayal West Field in the Krishna-Godavari Basin where GeoGlobal’s accomplices have spent over US$3 billion on investigation and improvement to date.

Its outstanding shares are standing around 185,900,113, while authorized share are at 250,000,000.

Notwithstanding continuous challenges, the Company has been gaining significant ground as it recoups from its condition of close fall nearly eight months prior.

The arranged determination of extraordinary non-installment of due income from the Cambay Basin delivering fields is currently in procedure of settling, taking after which the Company hopes to then get around US$100k a month as its income offer from these interests.

Shri Narendra Modi, Prime Minister of India, as of late gave the important change to accommodate creation beginning of the hotly anticipated Tarapur #6 and related seven evaluation wells. This will give the hotly anticipated extra creation income from wells bored in 2007-2009 and give expected income in overabundance of $400,000 every month, net to GGR from early this year.

Expected penetrating of creation wells in the 1,200 sq km Tarapur Ring Fence Block booked to begin in the not so distant future is gauge to give operational income upside as GeoGlobal will target generation of 30,000 BOPD in the underlying advancement stage.

The Offshore KG field, where our accomplices to date have spent over US$3 billion in investigation and improvement, at last started gas creation testing in Aug, 2014. Introductory test creation is anticipated at around 55 MMcf every day by late Q1, 2015 and to more than 200 MMcf every day in 3-4 years. A further six Discoveries in the KG Offshore field are yet to be created.

It has settled issues and obligation with the Myra and Sara JV Block accomplices, where Ratio and Energean have gotten to be accomplices to re-bore and work the Sara Prospect at an expense of about US$80 million. Right now, GeoGlobal holds a 5% interest.

GMX Resources Inc Separated Following oil Prices Slump

GMX Resources Inc Separated Following oil Prices Slump

GMX Resources Inc. is an unadulterated play free oil and common gas investigation and creation organization. The Company is centered around the advancement of Haynesville/Bossier Shale and Cotton Valley Sands in the Sabine Uplift of the Carthage, North Field of Harrison and Panola districts of East Texas (its center range).

Its outstanding shares are standing around 2,000,000, while authorized share are at 350,000,000.

GMX Resources has risen up out of liquidation as two secretly held organizations: Thunderbird Resources Equity Inc. also, Thunderbird Resources LP.

The Oklahoma City-based oil and characteristic gas maker petitioned for liquidation security April 1, 2013, posting resources of $281 million and obligations of more than $485 million.

An insolvency judge endorsed the redesign arrangement Jan. 22. Under terms of the arrangement, holders of a portion of the organization’s senior secured notes consented to purchase “generously all” of the organization’s advantages for $338 million.

The rearrangement arrangement decreases the aggregate sum of remarkable obligation by about $505 million. General unsecured lenders got an ace rata offer of premiums in a loan boss trust and $1.5 million in real money. All rights and interests of holders of GMX’s basic and favored stock have been ended.

GMX beforehand said it had 65 representatives in its workplaces in Oklahoma City, Denver, Texas and North Dakota before taking out an unspecified number of positions a year ago.

The organization controls oil and normal gas delivering resources in North Dakota, Colorado and East Texas.

Gastar Exploration Inc. (GST)

Gastar Exploration Inc. (GST)

Like insightful purchasing choices, leaving certain underperformers at the correct time amplifies portfolio returns. Auctioning off failures can be troublesome, however in the event that both the offer cost and gauges are falling, it could be a great opportunity to dispose of the security before more misfortunes hit your portfolio.

One such stock that you might need to consider dropping is Gastar Exploration Inc. (GST), which has seen a noteworthy value decrease in the previous four weeks, and it has seen negative profit gauge modifications for the present quarter and the present year. A Zacks further affirms shortcoming in GST.

Its outstanding shares are standing around 4,045,000, while authorized share are at 10,000,000

A key purpose behind this move has been the negative pattern in income gauge corrections. For the entire year, Zacks have seen 4 gauges moving down in the previous 30 days, contrasted and no upward correction. This pattern has brought on the accord misfortune evaluation to augment, going from lost 18 pennies an offer a month prior to its present level of lost 25 pennies.

Additionally, for the present quarter, Gastar Exploration has seen 1 descending evaluation update versus no correction the other way, enlarging the agreement misfortune appraisal to lost 6 pennies an offer from lost 5 pennies in the course of recent days.

The stock likewise has seen some quite horrid exchanging recently, as the share price has dropped 50.3% in the previous month.

So it may not be a decent choice to keep this stock in your portfolio any longer, at any rate in the event that you don’t have quite a while skyline to hold up.

On the off chance that you are still inspired by the oil fare and generation area, you may rather consider a superior positioned stock – TransGlobe Energy Corporation (TGA), which now holds analysts Strong Buy and might be better choice as of now.

Dune Energy Eaten Away with Low oil Prices

Dune Energy Eaten Away with Low oil Prices

Dune Energy Inc. petitioned for liquidation security in the wake of falling oil prices brought on a proposed merger with Eos Petro Inc. to go into disrepair. Its outstanding shares are standing around 72,644,643, while authorized share are at 4,200,000,000.

The Houston-based vitality organization petitioned for Chapter 11 protection in U.S. Liquidation Court in Austin, Texas, posting resources of $229.5 million and obligations of $144.2 million. Senior loan specialists are owed $39 million, while second-lien moneylenders are owed about $68 million.

As a state of a $10 million liquidation credit, Dune’s senior loan specialists are requiring that the organization put itself available to be purchased. Pre bankruptcy showcasing endeavors neglected to deliver a lead offer, court papers say.

In a statement recorded with the court, Dune’s rebuilding boss, Donald R. Martin, said the decrease in oil prices cut into the organization’s primary concern, with 2014 income of $43 million down from $55.5 million in the earlier year. After Dune stumbled money related contracts on its advance, its banks restricted how much the organization could acquire, inciting the Chapter 11 recording.

“Amid 2014, as an aftereffect of a critical decrease in oil prices, the account holders’ incomes fell forcefully,” Mr. Martin said. “In spite of the fact that the account holders could diminish costs, the noteworthy decrease in income forced a strain on the indebted individuals’ liquidity.”

Established in 1998, Dune’s possessions incorporate properties covering more than 74,000 gross sections of land crosswise over 15 creating oil and normal gas fields in Texas and Louisiana. Vitality delivered is sold fundamentally to residential pipelines and refineries, court papers say.

Rise started searching for a purchaser a year ago and settled on Eos, whose merger offer esteemed the organization at $135.9 million, as indicated by Mr. Martin.

Eos, be that as it may, was eventually not able to arrange the financing, and the merger assertion was ended. As indicated by Dune, it is owed $5.5 million as a separation charge. A representative for Eos couldn’t promptly be achieved Monday for input.

Don’t Invest in Longwei Petroleum Investment Hold Ltd (LPH)

Don’t Invest in Longwei Petroleum Investment Hold Ltd (LPH)

Longwei is purportedly occupied with the wholesale conveyance of completed petroleum items in the People’s Republic of China (the “PRC”). LPH’s home office are situated in Taiyuan, Shanxi Province, adjoining and ignoring its Taiyuan fuel storeroom. LPH has a reported fuel stockpiling limit of 220,000 metric tons situated at three storerooms inside Shanxi: Taiyuan, Gujiao and Huajie, which it claims have singular stockpiling limits of roughly 50,000 metric tons (“mt”), 70,000mt, and 100,000mt, separately.

Lamentably for proprietors of LPH stock, analysts have discovered that the organization’s indicated business operations are hugely exaggerated and a bold extortion, on a request of size unmatched before by any China-based organizations we have seen.

Moreover, analysts have no confidence in LPH’s inspector, Anderson Bradshaw. This is on account of the company’s head of value control, Russell Anderson, was the review accomplice of YUII while he worked at Child, Van, Wagoner and Bradshaw. Russell neglected to recognize the huge YUII extortion we revealed and did not leave until the YUII Chairman conceded misrepresentation.

LPH stock as analyst think is practically useless, totally un-investable and ought to be promptly delisted by the New York Stock Exchange (“NYSE”). We are sending the greater part of our proof to the NYSE and different securities controllers, pretty much as we have done in earlier cases.

Recently, on June 27 — China-based Longwei Petroleum Investment Holding Ltd. and its chief financial officer Michael Toups made fraudulent misrepresentations about the concern’s storage capacity, the Securities and Exchange Commission.

The agency is asking the court to order permanent injunctions, civil money penalties, disgorgement plus prejudgment interest, and an officer/ director bar against Toups. The commission also launched an administrative proceeding against Longwei to decide whether to suspend or revoke the registration of its securities.

Its outstanding shares are standing around 100,179,198, while authorized share are unlimited.

Zynerba Pharmaceuticals has Further Upside

Zynerba Pharmaceuticals has Further Upside

Zynerba Pharmaceuticals, Inc. engages in the research and development of drugs. The company’s clinical programs include: patch and gel for transdermal delivery and synthetic cannabinoid therapeutics. It is is headquartered in Devon, PA and was established on January 31, 2007.

The company’s stock currently trades around $10.5 a share with a 52-week range of $4.64 a share to $23 a share. It has market capitalization of $94 million, while daily volume is around 74,121 shares. Its outstanding shares are standing around 8,733,963.

Zynerba as of late reported solid results for the second quarter of 2015. Amid the second quarter, Zynerba accomplished a few clinical turning points and reinforced the association. The company accomplished a huge breakthrough with its lead improvement compound, ZYN002, including start of a Phase 2 clinical study in epilepsy patients.

It is additionally satisfied to welcome two new options to its official administration group. Jim Fickenscher, who will go along with the company on September 13, is a prepared official in the pharmaceutical business who has been the CFO for other biopharmaceutical organizations, including Auxilium. He brings an abundance of monetary and corporate advancement experience. The company additionally welcomes Dr. Nancy Tich, who went along with the company in June.

Aside from management changes, the company also looks in a strong cash position to support its investment in growth opportunities.

At the end of second quarter, cash and cash equivalents stood around $32.1 million, compared with the same period of last year.

The company’s research and development expenses for stood around $4.8 million, including stock-based compensation of $0.4 million. The company’s net loss for the second quarter of 2016 was standing around $6.2 million with net loss of $0.70 per share.

Warren Resources (NASDAQ:WRES)

Warren Resources (NASDAQ:WRES)

Warren Resources (NASDAQ:WRES) petitioned for liquidation insurance under Chapter 11 on June 2. This was not astounding as Warren had contracted a Chief Restructuring Officer toward the beginning of April. Warren already said that its first-lien loan specialists had made a rebuilding proposition, yet that the second-lien and unsecured banks had not consented to it yet.

This time the main lien, second-lien and unsecured loan specialists are all going to play a part with the rebuilding understanding.

As expected, the value is likely useless as the rebuilding arrangement mulls over the value being wiped out as a feature of the rebuilding. New value will be issued to the banks, with 82.5% heading off to the principal lien debt holders and the staying setting off to the second-lien and unsecureds.

Warren Resources managed to get its advantage costs decreased significantly as a consequence of the rebuilding, despite the fact that the loan fee on its new first lien office is high with money enthusiasm at LIBOR + 900 premise focuses with a 1% LIBOR floor, in addition to another 1% to be added to the chief.

Warren’s anticipated earn back the original investment point descends from $75 WTI oil and $4 Henry Hub common gas to around $66 oil and $3.35 normal gas or $62 oil and $3.50 characteristic gas.

Warren needs higher oil and gas prices to have the capacity to keep up generation levels post-rebuilding without resource deals. This is recognized in the SEC documenting, with one potential arrangement including turning into a Marcellus immaculate play with no obligation subsequent to offering its different resources.

Warren’s rebuilding will altogether decrease its obligation and interest costs. In any case, extra strides might be expected to address the organization’s long haul suitability if oil and gas costs don’t enhance by a reasonable piece. Hence, we may wind up seeing Warren turn into an unadulterated play Marcellus organization in the event that it offers its different resources for pay off its obligation.

VPR Brands Continues to Grow

VPR Brands Continues to Grow

VPR Brands is a technology holding company, whose assets include issued U.S. and Chinese patents for atomization related products including technology for medical marijuana vaporizers and electronic cigarette products and components.

The company is also engaged in product development for the vapor or vaping market, including e-liquids. Electronic cigarettes (also known as ecigs) are devices which deliver nicotine through atomization, or vaping of e-liquids and without smoke and other chemicals constituents typically found in traditional tobacco burning cigarette products.

It recently announced strong results for the latest quarter. VPR Brands generated revenues of $61,526, while its cost of sales were standing around $36,936 which leaves the company with a gross profit of $24,590.

Its CEO said, “We have achieved a huge milestone and had our first quarter of revenue for the company, while a modest amount of $61,526 in sales this represents our initial entry into over 100 retail vape shops with our new HELIUM brand E-Liquid in the United states and abroad including the United Kingdom and China. We began shipping our HELIUM brand product in late April and continued placing product through May and June‎. We have already received and shipped reorders from customers and distributors on the initial placement as their initial stock had sold through.”

In the month of July, VPR Brands acquired Vapor Corp’s brands, the wholesale business assets and operations. Looking ahead the company is seeking to acquire the small businesses and brands with each catering to a different market segment and price category from the Vape Shop market with its HELIUM brand to the alternative medicinal market.

Its stock currently trades around $0.04 a share, with a 52 week range of $0.25 – $1.10 a share. The company has outstanding shares around 44,292,125, while authorized share are standing around 99,000,000,000.

Vapir Enterprises Inc. ( OTCQB:VAPI)

Vapir Enterprises Inc. ( OTCQB:VAPI)

Vapir Enterprises Inc. ( OTCQB:VAPI) invent, develop and manufacture revolutionary, state-of-the-art and user friendly medical-grade vaporization devices. Its vaporizers extract active ingredients from source by a unique and a proprietary process, and deliver very high quality, natural vapor for the best user experience.

The company’s stock currently trades around $0.09 a share with a market capitalization of $4.36 million. Its average daily share volume is around 1500 shares. Its outstanding shares are standing around 49,766,833, while authorized shares at 100,000,000.

Vapir is seeking to expand its foot-prints through acquisitions and partnerships. It recently announced distribution partnership With Germany-Based Reinhart Wholesale. Founded by Principal/CEO, Lukas Reinhart, Reinhart Wholesale is the leading distributor of vaporizers in Europe with over 5,000 brick-and-mortar customers in Germany alone. Reinhart also maintains a major retail and eCommerce footprint in the UK, Poland, Spain, Italy, and Netherlands.

The company has been expanding its foot-prints and has recently appointed new new Managing Director and Chief Marketing Officer.

Vapir Enterprises and Phillips & King / Kretek International recently formed distribution partnership in North America.

Phillips & King International is the leading distributor of specialty tobacco, vapor, and alternative smoking products in the U.S. Since 1906, the company has built a strong reputation by focusing on independent brick-and-mortar shops. They employ more than 40 inside and outside sales staff who call on thousands of shops in all 50 states, US Virgin Islands, Guam, and Puerto Rico. The company offers a diverse selection of products totaling 18,000 SKUs warehoused in a 150,000 sq. ft. semi-automated facility.

Two Rivers Water & Farming (OTCQB:TURV)

Two Rivers Water & Farming (OTCQB:TURV)

Two Rivers Water & Farming (OTCQB:TURV) is building a new water paradigm for the arid regions of the southwestern United States. Two Rivers assembles its water assets by acquiring irrigated farmland with senior water rights because 85% of water rights in the arid southwest are owned by agricultural interests.

The company’s stock currently trade around $0.45 per share with a 52-week range of $0.85 a share to $0.12 a share. The company has a market capitalization of $14 million with an average daily share volume of 45,128 shares. Its authorized shares are standing around 100,000,000 share, while outstanding shares are around 26,980,811.

Two Rivers Water & Farming and their subsidiary GrowCo are in the last phases of finishing their first cutting edge, mechanical scale nursery for developing cannabis in Colorado. Utilizing horticultural expertise and involvement with logistics, they construct current, high-effectiveness nurseries that help cannabis agriculturists twofold their yield at a large portion of the expense versus routine warehouse developing operations.

Their first office has a 91,000 sq ft nursery and 15,000 sq ft distribution warehouse. At the point when the second nursery is finished, GrowCo will have 180,000 square feet of develop space and an aggregate of 360,000 square feet is normal in Colorado before the end of 2016. This will make GrowCo the biggest administrator of cannabis nursery offices in the nation.

Recently, they declared that their accomplice Suncanna had their permit to develop pot endorsed in Pueblo County, Colorado. This is a noteworthy stride forward for GrowCo as far as month to month incomes and income. I anticipate that huge changes will their financials starting next quarter.

Surna Inc (OTCMKTS:SRNA)

Surna Inc (OTCMKTS:SRNA)

Surna Inc (OTCMKTS:SRNA) is one name that ought to be on each penny stock financial specialist’s radar. The organization is making enormous moves and conveying for its shareholders. Its first quarter comes about demonstrated that and now shares are near breaking out to the upside.

Surna creates imaginative advancements and items that screen, control as well as location the vitality and asset escalated nature of indoor cannabis development. At present, the organization’s income stream depends on its fundamental item offerings – supplying mechanical innovation and items to business indoor cannabis develop offices.

In the latest quarter, sales increased more than 200% to $2.5 million, contrasted with $819,000, reflecting strong sales and more noteworthy demand as more states authorized cannabis. Gross margin enhanced to 43.6% from 10.8%, reflecting good item blend and the advantage of another evaluating plan. Working costs were $724,000, contrasted with $968,000. Operating income enhanced to $365,000, from a working loss of $880,000.

As of March 31, 2016, cash was standing around $1.1 million, contrasted with $331,000 at December 31, 2015. Deferred revenue was around $1.4 million, up from $986,000. Defered income speaks to contracts in advancement, as the organization perceives income as items are sent or services are performed. The organization gained significant ground in Q1.
Surna secured an agreement for roughly $725,000 with Las Vegas cultivator Cloud 9 Wholesale for an office that spreads 30,000 square feet, which will require around 550 tons of cooling hardware for development atmosphere control.

SRNA likewise got four configuration licenses from the United States Patent and Trademark Office for its Surna Reflector items that convey more straightforward light to the covering while giving one of a kind thermodynamic attributes that enhance heat exchange from the development territory.

Surna now has eight pending patent applications and four issued licenses. Its outstanding shares are standing around 145,898,850, while authorized shares at 500,000,000