As Unicorp, Inc. (OTCBB: UCPI) announces its recent discovery tests, the company should be on the radar screen of aggressive investors and day traders! Yesterday after the stock markets closed, the company issued a press release announcing that it expects to be profitable from operations, excluding non-cash charges, by the end of 2006 and revenue to increase by more than 300% compared to 2005.
This is additional good news from the company! The Company has previously announced that its discovery at North Edna in Jefferson Davis Parish, Louisiana should double its current revenue and anticipates additional revenue from its Veltin prospect in St. Landry Parish, Louisiana and Walley Prospect in Greene County, Mississippi during the current fiscal year. The Company is currently negotiating for a contract on a drilling rig so that it can have more control over drilling of the prospects it currently has and future drilling deals it will enter into.
Wall Street News Alert is continuing to place Aggressive Investors on alert to monitor the progress of Unicorp! "We are very pleased that 2006 is shaping up to be a banner year where we will achieve profitability from operations for the first time in the company's history," stated Kevan Casey, CEO of Unicorp. "The number of prospects that we have in inventory to drill continues to grow so I remain very optimistic that 2007 will show the same type of revenue growth that we are achieving in 2006."
In a separate company release issued on Wednesday, the company announced its participation in a Mississippi oil prospect with a potential of $9,620,000 gross production. "This prospect, as with our other prospects, meets our corporate criteria of participating in projects which provide the company the maximum amount of value with a minimal amount of risk, and if successful will provide a significant increase in shareholder value," stated Arthur Ley, COO of Unicorp.
The stock closed yesterday at Sixty-Three cents a share.
For an in-depth profile of Unicorp, visit: http://www.thenewssvc.com/UCPI071306.html
To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit www.WallStreetNewsAlert.com, where you may also sign up to receive free email alerts in advance of our press releases being issued.
In case you are not familiar with the company: Unicorp, Inc is primarily engaged in the acquisition, development, exploration and production of crude oil and natural gas. Its focus is on aggressively acquiring working interests in crude oil and natural gas properties with the intent of exploration and development or by enhancing production through the use of modern development techniques such as horizontal drilling, satellite technology and 3-D seismic. The company's goal is to achieve a high return on its investment by limiting its up-front acquisition costs, by quickly developing its acquisitions and by practicing a sound and smart approach to oil and gas exploration and development.
Intel Corporation (NASDAQ: INTC) down 0.8% on 78.6 million shares traded. Intel, the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live.
Microsoft Corp. (NASDAQ: MSFT) down 1.6% on 73 million shares traded. Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Oracle Corp. (NASDAQ: ORCL) down 0.8% on 52.9 million shares traded. Oracle is the world's largest enterprise software company.
"Oil prices hit a record, settling at a record above $76 a barrel Thursday in a market agitated by turmoil, escalating violence in the Middle East and the threat of supply disruptions there and beyond," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
Let Wall Street News Alert help advertise for your company using our effective awareness campaigns. If you're Interested in telling your story, we can help. Contact us at email@example.com
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 Alert home page at http://www.wallstreetnewsalert.com and select the "join now" button.
WSNA is a Platinum Sponsor of Quality Stocks. Quality Stocks tracks the stock picks of 150 Investment Newsletters every day and reports on their performance. For their free service, visit www.qualitystocks.net.
*** It has come to the attention of Wall Street News Alert (WSNA), that various persons or companies distribute faxes bearing similar names to Wall Street News Alert. 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.***
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. For present and future services, WSCF has been compensated Twenty-Eight Thousand Dollars for current coverage AND was previously compensated Eighty-Three Thousand and Five Hundred Dollars for past coverage of Unicorp, Inc. (OTCBB: UCPI), by the company, for services provided including dissemination of company information in this release. In 2004 and 2005, WSCF was compensated for previous services performed for Unicorp, Inc.; for information on that compensation, contact us at firstname.lastname@example.org. 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 client's 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.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here