Top 3 OTC-BB and Pink Sheet Market Movers
Power Oil & Gas Inc. (PWOIF), ERHC Energy Inc. (ERHE), and Paid Inc. (PAYD) are among today’s top OTC market movers.
Power Oil & Gas Inc. [[PWOIF.OB]], which is engaged in the acquisition and exploration of oil and gas properties in western Canada, saw its shares jump more than 15 percent after it acquired land in the Medicine Hat region of Southern Alberta. The firm’s 100% interest in the more than 600 contiguous acres is located in the most prolific natural gas field in Canada.
ERHC Energy Inc. [[ERHE.OB]], an independent oil and gas company focused on the Gulf of Guinea in West Africa, saw its shares jump more than 5 percent after its technical partner, Sinopec Corp., will take possession of a drilling rig this week, in which the company has a 22 percent interest. Investors remain bullish on the prospects of this drilling interest.
Paid Inc. [[PAYD.OB]], which provides businesses and clients with marketing, management, merchandising, auction management, web site hosting, and authentication services for various industries, saw its shares jump more than 7 percent as the stock continues to rally on past news and speculation for its upcoming earnings next quarter.
CONTACT: Daniel Minton, Managing Director, 406-862-5400, daniel@accelerize.com