CORAL SPRINGS, FL -- (Marketwire) -- 05/03/12 -- FinancialNewsMedia.com "stocks to watch" for today: AER Energy Resources, Inc. (PINKSHEETS: AERN), Integrated BioPharma, Inc. (OTCBB: INBP), Synacor, Inc. (NASDAQ: SYNC), InfoSonics Corporation (NASDAQ: IFON).
Breaking News Update: May 3rd, 2012 before the markets opened for trading, AER Energy Resources, Inc. (PINKSHEETS: AERN) was pleased to announce it has entered into a 50/50 Partnership to participate in reworking thirty (30) shallow oil wells on 80 acres in Eastern Kansas. The Company will rework each of the thirty (30) wells through proven secondary recovery techniques. AER Energy has also secured an option to rework up to an additional sixty (60) wells on an adjacent 145 acres.
Stanley F. Wilson, AER Energy Resources, Inc. President and CEO, stated, "AER Petroleum, Inc. plans to complete the 30 Kansas reworks by early 3Q and will begin operations this summer following the 9 previously announced reworks. The 30 reworks are anticipated to begin secondary recovery operations in late August." Mr. Wilson added, "The additional 30 reworks are expected to produce a minimum of 30 BOPD and $100,000.00 in new monthly revenues (at current WTI market prices) upon completion."
Al Karmali, AER Petroleum President, stated, " We are taking advantage of this new partners long term relationships with O&G lease opportunities in several Oil plays throughout KS and look forward to completing the 9 reworks this summer south of this acreage; so we can begin the secondary recovery drilling of the 30 exceptionally shallow wells within the Bartlesville formation."
AER Petroleum, Inc. continues its secondary recovery drilling and when possible partnering in reworking low risk oil and gas prospects, in areas of proven production, primarily in the areas of KS and TX. The company is continuing to acquire quality leases in established O&G fields, characteristically surrounded by existing production.
Read the entire AERN press release announcing more about the partnership along with their full disclosure here: http://www.financialnewsmedia.com/stock-investing-business-investing-news/featured-news.php?id=150
Investors are urged to research AERN immediately to determine if this emerging company with continued breaking news is the next energy game changer.
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Integrated BioPharma, Inc. (OTCBB: INBP) attracted major attention in the markets yesterday rising 680% on 5.5Mil shares traded reaching a 52 week high. Integrated Biopharma, Inc., together with its subsidiaries, engages in manufacturing, distributing, marketing, and selling vitamins, nutritional supplements, and herbal products primarily in the United States.
Synacor, Inc. (NASDAQ: SYNC) it has acquired Carbyn, the HTML5 Platform that delivers a unified experience for apps across Net-connected devices including smartphones, tablets, laptops, and connected TVs. SYNC is up over 9% in early trading this morning (05/03/12)
InfoSonics Corporation (NASDAQ: IFON) announced today IFON's gross profit in the first quarter of 2012 was $2.3 million, a 178% increase over $812,000 in the 2011 first quarter and that net sales for the first quarter of 2012 of $12.4 million, which represents a 30% increase over $9.5 million for the first quarter of 2011.
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