TTC Technology Corp. (OTC:TCLIF) On a collision course with new highs

PRLog (Press Release) - Jun 22, 2010 -
Skylab Global Investments has been following the developments of TTC Technology Corp. (OTC:TCLIF) for the past week since the .0004 levels as the stock has been grabbing all the headlines and attention in the penny stock community, TCLIF has been the main talking point on everyone's lips recently and we can see why.

Skylab Global Investments looked to our sources, partners and affiliates in order to shed some light on the recent spike in interest, volume and share price of TCLIF and what we found was very interesting to say the least.

Speculation and rumors are churning amongst investors and the investment community and one regarding a possible R/M (Reverse Merger) is something that caught our attention.  

What is a Reverse Merger?

In layman terms, a Reverse Merger is the acquisition of a public company by a private company, allowing the private company to bypass the usually lengthy and complex  process of going public.  Businessfinance.com has a more detailed explanation (http://www.businessfinance.com/reverse-merger.htm)

Why is this significant?

Reverse Mergers have been known to cause rather large spikes in a stocks share price, stocks that have pending Reverse Mergers or finalized Reverse Mergers have seen their stock price rocket 100% or at times even higher.

What to make of all this?

Remember that this is based upon speculation that is surrounding the company with regards to a potential Reverse Merger, so it is not set in stone.  However, as mentioned speculation in sub penny stocks can at times cause relatively large spikes in volume, interest and share price.  In the event that these speculations hold true, then shares of TCLIF may just explode to higher levels.

Interest continues to remain high for TCLIF in the penny stock investment community through popular stock discussion forums and chat-rooms across the internet.  One example is that of InvestorsHub or I-Hub - which is a stock discussion forum where traders and investors a like gather to discuss various topics on stocks, from price action to technical analysis to speculation and rumors.  InvestorsHub offers a top 15 most discussed list on their website and TCLIF has reigned supreme, keeping the number 1 spot on several occasions.  Just yesterday the number of posts regarding the stock surpassed 1,000 and today we could see a higher number.

It is evident that more and more interest in TCLIF is increasing and as the stock continues to post gains, shares of the company could find themselves boiling to new highs sooner rather than later with a test of the .001 level fast approaching.

Will TCLIF be the stock of 2010?

To receive alerts such as the ones listed above, subscribe to Skylab Global Investments FREE newsletter at http://www.skylabglobalinvestments.com      get the hottest and fastest moving stock alerts on the Market before the crowd.

About Skylab Global Investments

Skylab Global Investments (http://www.skylabglobalinvestments.com) is an emerging leader in providing traders and investors with exceptional stock alerts on a daily basis, FREE of charge. Alerts include various stocks in the small to micro cap markets with a goal to alert traders and investors to the hottest and fastest moving stocks on the Market before anyone else.

Information set forth in this press release contains various "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private Securities

Litigation reform Act of 1995 (the "Act") provides certain "safe harbor" provisions for forward-looking statements. The reader is cautioned that such forward-looking statements are based on information available at the time and/or management's good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed statements. Forward-looking statements speak only as of the date the statement was made. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," 'should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

Skylab Global Investments Disclosure:

Skylabglobalinvestments.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. Neither SkylabGlobalInvestments.com nor its affiliates have a beneficial interest in the mentioned companies; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, SkylabGlobalInvestments.com, for complete risks and disclosures.

Photo:
http://www.prlog.org/10752571/1