CAVR & TDCP impresses even the large cap investors as both continue their monster bullish run mounting on their already mega gains. CAVR release another impressive press releases that sparked the stock price into a confirmed golden cross formation.
CAVR gave what technical investors were waiting for, a confirmed golden cross and a close above it’s pivot point – now we watch how momentum plays into a stock to much higher levels.
CAVR closed at $0.042 up 10.53% on record volumes of 1.5 million shares – this brings our total tally to 320% since our original alert at $0.01 with our near term target of $0.10 in close reach!
CAVR released impressive news today solidifying a contract worth $5 Million and we can say we expect plenty more where this came from.
CAVU Resources, Inc. Subsidiary CAVU Energy Services, LLC Enters Into Drilling Program Valued at $5 Million
CAVU Resources, Inc. today announced its subsidiary CAVU Energy Services, LLC (“CAVU”) has entered into an agreement with Energy Revenue America, LLC, a Texas limited liability company, (“Energy”) to rework and or drill up to 100 wells in Nowata, Oklahoma valued at approximately $5 (million).
The agreement calls for CAVU to begin reworking the wells on the Envirotek lease Energy is acquiring. With plans to begin in the next few weeks, CAVU has been moving its equipment to a staging area in Nowata, Oklahoma. Energy plans to have CAVU install new equipment, utilizing well stimulation, reentry, complete environmental audits and an action plan utilizing historical data from engineers targeting new drilling sites. The Envirotek property Energy is acquiring has 19 zones with 12 zones targeted that could potentially produce both gas and oil. The wells in the area have historically ranged from 600 to 1200 feet. These shallow wells will allow for a rapid development program. The existing transmission lines owned by Envirotek will be utilized along with planned expansion into undeveloped leases.
“This agreement utilizes idle operating assets of CAVU; this along with the sale of Envirotek should provide cash flow and profits for both 2011 and 2012,” said William C. Robinson, CAVU’s President.
If you listen closely to the CEO’s interview released last week this big announcement was already hinted and that there are more yet to come:
The full CEO interview can be heard at http://www.wallstreetreporter.com/2011/03/cavu-resources-otccavr-ceo-interview/
The gains are far from over, and as more contract are announced CAVR will continue to push higher!
About CAVU Resources, Inc.
During World War II, Navy fighter pilots would look up at the sky and if it was a “CAVU” day then it meant ceiling and visibility unlimited. The pilots believed they would have unobstructed flying allowing them to see their targets quicker, identify the obstacles they needed to overcome, giving them a greater chance of success. The founders of CAVU Resources, Inc., chose the name CAVU because they believe that the company will be the embodiment of its name.
CAVU was formed with the goal of becoming a recognized regional player in the independent oil and natural gas industry by growing the company’s oil and natural gas reserves. CAVU is a natural resource company engaged in the acquisition, exploration and development of oil and natural gas properties. The Company operates in the upstream segment of the oil and gas industry with planned activities including the drilling, completion and operation of oil and gas wells in Oklahoma, Kansas, Colorado and Texas. The Company also owns two pipelines in its area of operations, which will be used for gathering its gas and oil and the gas and oil production of other producers. The Company has acquired leases and is currently exploring additional opportunities in oil, gas and helium leases. The company has acquired significant oil and gas equipment including rigs, trucks and completion equipment.
CAVU’s 100% owned subsidiaries, CAVU Energy Services, LLC provides contract drilling, fracture stimulation and directional drilling services to oil, natural gas exploration and production companies. EnviroTek Fuel Systems, Inc., provides natural gas delivery and marketing thru its own pipelines, FILO quip Resources, LLC a licensed Oil and Gas Operating Company manages the company’s properties and leases in Oklahoma, Colorado and Montana. CAVU plans to expand operations not only in the traditional Oil and Gas business, but also to invest in Geo-Thermal, Wind, taking advantage of the changing environment and in the world’s need for new, green and innovative resources. More information is available at the company’s website at http://www.cavu-resources.com.
TDCP hit two new record highs today, and a monster at that – TDCP hit an intraday price high of over $0.10 and also recorded it’s all time highest volume day of 50 million shares traded – incredible.
TDCP closed at $0.079 up another 5% and a double from our initial alert. Even with a brief low volume pull back, TDCP could not be kept down and it’s their revolutionary technology that has everyone excited.
People are saying this is the next IPOD, blackberry, or even 3D television – we think it much more then all of them put together. We are talking about technology that we see in a Star Wars movie coming to life and a leap into a new era of media delivery!
What make 3DIcon’s a sound investment?
- Intellectual Property Portfolio: 3DIcon own the exclusive worldwide rights to a portfolio of technologies developed by OU, under the auspices of its SRA.
- Research at the University of Oklahoma: 3DIcon’s technologies are being developed by leading researchers and scientists in multiple disciplines on two University of Oklahoma campuses.
- $1 billion Market by 2011: The market for 3D display technologies is expected to reach over $1 billion by 2011.
- CSpace®: Achieved one-color projection into projection medium embedded with light sensitive nano-materials.
- Pixel Precision®: Launched distribution and sales of software product that targets the R&D market for Texas Instruments’ DLP® technology.
3DIcon Corporation is a developer of groundbreaking 3D projection and display technologies that are being designed to produce full color, 360° volumetric images. 3DIcon’s mission is to create true-to-life 3D images that occupy 3D space and appear solid as viewed from any angle with the naked eye. The Company is targeting a myriad of applications for its developing technologies. These commercial applications, which are projected to approach a market size of well over $1 billion by 2011, include scanning for medical and homeland security needs; geo-spatial imaging for oil & gas exploration and air traffic control; entertainment; advertising; and gaming. The Company has recently launched its first product, Pixel Precision®, a software system that serves the R&D market for Texas Instruments’ DLP® technology.