Published: January 23, 2006
Wall Street News Alert: Emerging Public Company Announces Strategic Partnership With Rollins Energy de Mexico! January 23, 2006
Wall Street News Alert's "stocks to watch" this
morning are: Coil Tubing Technology, Inc. (OTC: CTBG), Cisco Systems
(NASDAQ: CSCO), Lucent Technologies (NYSE: LU) and Oracle (NASDAQ: ORCL).
Once again, Coil Tubing Technology, Inc. (OTC: CTBG) may be on the screen
of aggressive investors and day traders! Early this morning, the company
issued a press release announcing that it has entered into a strategic
partnership with Rollins Energy de Mexico subsidiary Thru Tubing Solutions.
News of the strategic partnership could get the attention of investors! CTT
will provide a full line of proprietary coil line tubing technologies to
support well servicing operations in the northern and southern regions of
Mexico through July 2007. Rollins Energy de Mexico's primary client for oil
and gas well servicing will be PEMEX, the country of Mexico's largest
corporation.
Watch this company! "The partnership with the Rollins group is an ideal
opportunity to place a concerted effort upon expanding the proprietary
products of CTT into international markets with a corporation that has
worldwide exposure and prestige," stated Jerry Swinford, President of Coil
Tubing Technology.
Investors should continue to monitor the progress of Coil Tubing! Late last
week, the company announced that it has been approved by British Petroleum
(BP), Rocky Mountain and Mid Continent divisions to supply the patented CTT
Subterranean Rotating Device. The company estimated that BP will work over
350 wells in the Rocky Mountain and Mid Continent divisions, utilizing the
Rotating Tool, over the next year.
Prior to the latest press release, the stock closed had closed Friday at
Seventy Nine cents a share.
For an in-depth profile of Coil Tubing Technology, Inc. issued last Friday,
visit http://www.thenewssvc.com/CTBG011906.html
In case you are not familiar with the company: Coil Tubing Technology, Inc.
(CTT) has specialized in the design of proprietary tools for the coil
tubing industry since 1990, concentrating on four categories of coil tubing
application: thru tubing fishing, thru tubing work over, pipeline clean
out, and coil tubing drilling. CTT was founded in 1998 by Jerry Swinford,
an oilfield tool designer with more than 15 patents granted or pending and
more that 25 years experience in the creation of oilfield tools.
Stocks showing interesting activity Friday at the close of the regular
trading day were: Cisco Systems (NASDAQ: CSCO) down 2.6% on 77.9 million
shares traded, Lucent Technologies (NYSE: LU) down 1.1% on 64.3 million
shares traded and Oracle (NASDAQ: ORCL) down 1.8% on 53.8 million shares
traded.
Commentary:
"Oil prices rose to open the week above $69 a barrel on supply fears linked
to Iran's dispute with the West over the restarting of its nuclear program
and continuing labor unrest in oil-rich Nigeria. Crude oil prices are
approaching the record high of $70.85 a barrel on August 30th," Stated
Sonja Rudd in Wall Street News Alert's daily commentary continued at:
http://www.WallStreetNewsAlert.com.
effective awareness campaigns. If you're interested in telling your story,
WSNA's email alert service is free to those investors who sign up on the
WSNA home page. The alert service is designed to notify investors of
undervalued and often overlooked stocks. Subscribers are introduced to
Special Situation companies that have the potential of showing increased
activity. The Wall Street News Alert home page has experienced over 50
million hits. To subscribe to this free service, visit the Wall Street News
*** Wall Street News Alert is not affiliated with faxes bearing names such
as: Wall Street Stock Alert, Wall Street Investor Alert, Wall Street News
Alert or any other fax using various combinations of the generic words Wall
Street! If you receive any such fax, please do not contact us.
You may wish to inquire about the fax, with
the CEO of the company that the fax is written about ***
Wall Street News Alert is a division of Wall Street Capital Funding LLC
(WSCF). WSCF is not a registered broker/dealer and may not sell, offer to
sell or offer to buy any security. WSCF profiles are not a solicitation or
recommendation to buy, sell or hold securities. An offer to buy or sell can
be made only with accompanying disclosure documents from the company
offering or selling securities and only in the states and provinces for
which they are approved. The material in this release is intended to be
strictly informational. The companies that are discussed in this release
have not approved the statements made in this release nor approved the
timing of this release. All statements and expressions are the sole opinion
of WSCF and are subject to change without notice. Information in this
release is derived from a variety of sources including that company's
publicly disseminated information, third parties and WSCF research. The
accuracy or completeness of the information is not warranted and is only as
reliable as the sources from which it was obtained. WSCF disclaims any and
all liability as to the completeness or accuracy of the information
contained and any omissions of material fact in this release. The release
may contain technical inaccuracies or typographical errors. It is strongly
recommended that any purchase or sale decision be discussed with a
financial adviser, or a broker-dealer, or a member of any financial
regulatory bodies. Investment in the securities of the companies discussed
in this release is highly speculative and carries a high degree of risk.
WSCF is not liable for any investment decisions by its readers or
subscribers. Investors are cautioned that they may lose all or a portion of
their investment if they make a purchase in WSCF profiled stocks.
This profile is not without bias, and is a paid release. WSCF has been
compensated for dissemination of company information on behalf of one or
more of the companies mentioned in this release. (WSCF has been compensated
Twenty Thousand Dollars for current coverage AND Fifteen Thousand Dollars
for past coverage of Coil Tubing Technology, Inc. (OTC: CTBG), by a third
party (ATN Enterprises LLC), who is non-affiliated and may hold a
significant position in the stock, for services provided including
dissemination of company information in this release. WSCF holds no shares
of the stock. WSCF may receive additional compensation for extension of its
services. Any additional compensation will be disclosed at such time that
WSCF is aware of a clients' desire to extend the original services. WSCF
may have received shares of a company profiled in this release prior to the
dissemination of the information in this release. WSCF may immediately sell
some or any shares in a profiled company held by WSCF and may have
previously sold shares in a profiled company held by WSCF. WSCF's services
for a company may cause the company's stock price to increase, in which
event WSCF would make a profit when it sells its stock in a company. In
addition, WSCF's selling of a company's stock may have a negative effect on
the market price of the stock.
This release contains "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E the
Securities Exchange Act of 1934, as amended and such forward-looking
statements are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. "Forward-looking statements"
describe future expectations, plans, results, or strategies and are
generally preceded by words such as "may," "future," "plan" or "planned,"
"will" or "should," "expected," "anticipates," "draft," "eventually" or
"projected." You are cautioned that such statements are subject to a
multitude of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results may
differ materially from those projected in the
forward-looking statements as a result of various factors, and other risks
identified in a company's annual report on Form 10-K or 10-KSB and other
filings made by such company with the Securities and Exchange Commission.
You should consider these factors in evaluating the forward-looking
statements included herein, and not place undue reliance on such
statements. The forward-looking statements in this release are made as of
the date hereof and WSCF undertakes no obligation to update such
statements.
Distributed by Market Wire
Copyright © 2012, MarketWire
Copyright © 2012, NewsBlaze,
Daily News