Friday, October 16, 2009

Friday's Stocks on the Move

U.S. Energy Corp (USEG) - today announced the initial production rate from its Brad Olson 9-16 #1H Bakken well and provided an overall operations update regarding its various interests in the oil and gas sector. The Brad Olson 9-16 #1H flowed at an initial 24-hour production test rate of approximately 1,805 barrels of oil and 1.84 MMCF of natural gas per day or 2,112 BOE/D.

DecisionPoint (DNPI.OB) - makes enterprise software applications accessible to the front-line worker anytime, anywhere using the latest wireless, mobility, and RFID technologies.

Kandi Technologies (KNDI) - Kandi announced today it has received a letter from the US Department of The Treasury notifying the Company that its low speed electric vehicle, the Kandi "COCO" convertible (Kandi KD08E), has met the requirements of the Qualified Plug-in Electric Vehicle Credit as a Qualified Plug-in Electric Vehicle. Consequently, qualifying purchasers of this vehicle will receive a tax credit in the amount of $4,435.

Bullion Monarch Mining (BULM.OB) - Bullion Monarch Mining engages in acquiring, exploring, leasing, joint venturing, and selling mining properties in the western United States and Brazil. The stock continues its uptred today, up 19 percent.

Ronn Motor Company (RNNM.PK) - Ronn Motor Company announced today that following the successful completion of the H2GO(TM) real-time hydrogen injection system extensive on-road field trials and the impressive results that are being documented for publication, it has taken appropriate steps to pave the way for its move to OTC Bulletin Board trading.

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