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Follow on Google News | Investorsvoice Issues Stock Alerts On GRYO, ABWTQ, HLXW and GOHGInvestorsVoice, publishers of free stock alerts (www.investorsvoice.com), reports on the following stocks
By: InvestorsVoice Gryphon Resources, Inc. (GRYO) a mineral exploration company with a focus on lithium properties surged nearly 20% after successfully completing a $320,000 private placement needed to launch its lithium exploration program in Arizona. Many investors saw the success of the fundraising as an important vote of confidence in the project’s future potential. Despite the optimism, investors should be aware that the mining company has generated no revenues since its inception in 2006, while it has accumulated net losses of more than $300,000 for the period. Meanwhile, the firm’s current assets are exceeded by their current liabilities, suggesting that they may need to raise additional capital in the near-term. AbitibiBowater Rises on Bankruptcy Exit AbitibiBowater Inc. (ABWTQ,) a producer of specialty papers for newsprint and other uses, rose more than 45% after the U.S. Bankruptcy Court issued an opinion confirming its plan of reorganization under Chapter 11, clearing the way for its emergency from creditor protection. Despite the likely cancellation of common shares, the common stock surged sharply higher. The company has entered into commitments for debtor-in-possession financing totaling approximately $300 million, as well as an amendment providing for the continuation of an existing securitization program for its accounts receivable, in the proximately amount of $210 million. The company’s common stock is currently trading for around $3.29 million. Helix Wind Jumps on NFL Mention Helix Wind Corp (HLXW) a provider of global renewable energy solutions, jumped more than 140% after actual renderings of its wind turbines lining the top of Lincoln Financial Field were shown during the Eagles NFL game last Monday. In cooperation with Solar Blue, the wind portion of the renewable energy plan should be operational by September 2011. Investors are hoping that the new visibility will be a vote of confidence for the renewable energy company’s unique products. Despite this optimism, investors should be aware that the company generated just $85,820 in revenues during the third quarter, while its net loss surpassed $1.5 million with about 198.5 million shares outstanding. Global Holdings Still in the Spot Light Global Holdings Inc. objective is to acquire, partner with and promote advanced technologies through management coaching, effective intellectual property deployment, business networking and intelligent financial solutions. The company is a technology incubator that offers a specialized menu of support resources and services. Management believes it will accomplish its goal to maximize shareholder value through strategic acquisitions and effective business design. # # # InvestorsVoice provides investor relations services to emerging micro and small cap companies; providing investor awareness services, comprehensive stock coverage, stock news alerts, and client stock newsletter coverage. End
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