New World Gold Corp. (OTCPINK: NWGC) saw its share volume skyrocket on May 22nd with 144,632,656 shares exchanging hands, twenty-six times higher than its three month daily average volume of 5,523,616 shares.
With no new news this month, one can only speculate as to why this uptick in volume occurred, but here is what is known about the company:
New World Gold Corporation engages in defining, developing, and producing gold assets in the United States and internationally. It holds interests in the Montana project in the United States and the Ecuador and Peru projects in South America.
In addition, revenue for the First Quarter ended March 31, 2014 was $2,488,516 versus $1,673,919 last year. This is an increase of $814,597 (48.7%). The net profit for the first quarter ended March 31, 2014 was $750,608 versus $378,164 last year, an increase of $372,444 (98%).
NWGC closed the day at $.0043 on May 22nd, 168.75% higher than its previous close of $.0016.
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DecisionPoint Systems To Present At Third Annual Marcum LLP MicroCap Conference
DecisionPoint Systems, Inc. (OTCQB: DPSI) saw its share volume explode on May 22nd with 1,153,386 shares exchanging hands, thirty-six times higher than its three month daily average volume of 31,946 shares.
This jump in volume comes after DecisionPoint Systems, a leading provider and integrator of Enterprise Mobility and Wireless Applications, announced it plans to present at the Third Annual Marcum LLP MicroCap Conference on Thursday, May 29, 2014.
DecisionPoint Systems, Inc. delivers improved productivity and operational advantages to its clients by helping them move their business decision points closer to their customers. They do this by making enterprise software applications accessible to the front-line worker anytime, anywhere. DecisionPoint utilizes the latest wireless, mobility, and RFID technologies.
DPSI closed the day at $.34 on May 22nd, 17.07% lower than its previous close of $.41.
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Gray Fox Petroleum Provides Update On Drilling Targets
Gray Fox Petroleum Corp. (OTCQB: GFOX) saw its share volume continue its upward trend on May 22nd with 354,987 shares exchanging hands, significantly higher than its three month daily average volume of 204,525 shares.
This uptick in volume comes after Gray Fox Petroleum Corp. provided an update on its exploration plan to identify drilling targets on its 32,723-acre West Ranch Prospect (100% Working Interest; 82% Net Revenue Interest). The prospect is comprised of 22 Federal leases in the Butte Valley Oil Play Region of north-central Nevada, located in Elko and White Pine Counties, 50 miles north of Ely, NV. The Company's initial exploration plan is designed to identify new drilling locations targeting the peak of structural closures.
The Company is currently in the process of completing a geologic and geophysical interpretation that will enhance the possibility of locating a successful oil and gas drill site. Through the acquisition of additional seismic and gravity data, drilling targets of wells that might have been missed will be identified. This phase of exploration is expected to be completed by the end of October 2014.
Finally, with the above mentioned processes underway, the Company is also currently working to define drilling location(s) and complete its reserves assessment. This phase of exploration expected to be completed by the end of January 2015.
GFOX closed the day at $1.06 on May 22nd, 10.42% higher than its previous close of $.96.
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Eco-Shift Power Corp. Opens Office In Los Angeles
Eco-Shift Power Corp. (OTCQB: ECOP) saw its share volume surge on May 22nd with 397,532 shares exchanging hands, much higher than its three month daily average volume of 93,403 shares.
This swell in volume comes after ECOP, one of Canada's leading energy management and lighting firms, announced the opening of its new office in Los Angeles, California.
"The California energy efficiency market is far and away one of the largest and most progressive in North America. The regulatory environment governing energy policy in California has resulted in increasing pressure for businesses to become more energy efficient, or face increased operating costs and in some cases even fines," says Gib Wood, the firm's president and CEO. "With the opening of our new Los Angeles office, we will be perfectly positioned to deliver our world class energy efficiency solutions to a massive base of clients who need it most."
ECOP Lighting Solutions and Energy Management serves a client roster including Mattel, ThyssenKrupp, and Parmalat. With a foundation in new-era LED lighting and wireless and web-enabled technologies, ECOP is transitioning clients' decision making from old, fixed technology to the new information age.
ECOP closed the day at $.86 on May 22nd, 1.19% higher than its previous close of $.8499.
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