Note: You are reading this message either because your browser is not standards-compliant, or your browser failed to load our css files.

 
 

Market Summary

Dow 11626.92 +24.42 (+0.21%)
Nasdaq 2317.02 +13.06 (+0.57%)
Russell 2K 719.70 +2.88 (+0.40%)
S&P 500 1283.34 +6.34 (+0.50%)
S&P 100 593.66 +4.97 (+0.84%)
Quotes are delayed 20 minutes.

Current Targets and Stops

Symbol Picked ST SSL
AAPL $93.00 $225.00 $175.00
CPNE $0.50 $4.50 $1.45
CREE $25.00 $50.00 $23.00
EFSF $0.18 $0.50 $0.16
NIHK $0.04 $0.13 $0.08
PNWIF $1.80 $6.00 $3.00
QID $38.67 $42.19 $35.00
RIMM $115.00 $120.00 $112.00
SPKL $0.69 $2.00 $0.90
TCGD $0.87 $2.00 $0.65
TTGL $0.84 $3.00 $1.73
ST Denotes Suggested Target.
SSL Denotes Suggested Stop Loss.
Click Here to View the V2K International Video Presentation
Free Annual Reports

OTC Blog

OTC Journal RSS Content

The OTC Journal content is also available via RSS feeds, viewable with an RSS or Atom capable client.

Don't miss an article. Click Here for complete instructions on how to add our RSS feeds to your Outlook or Internet Explorer.

Company

Profiled Company

Company Name: Platina Energy Group
Symbol: PLTG
Website: http://www.platinagroup.com
Coverage Period: June 19, 2008 - June 19, 2009
Featured Newsletter: June 19, 2008 Edition

Quote Data : Platina Energy Group Inc (PLTG)

Last Trade: 0.1230
Last Size: 12,700
Trade Time: 13:26
Change: -0.0070 (-5.38%)
Prev Close: 0.1300
Open: 0.1340
Volume: 473,711
Bid: 0.1230
Ask: 0.1270
Bid x Ask Size: 5000x5000
Day's Range: 0.12 - 0.13
52wk Range: 0.07 - 0.51
P/E (ttm): N/A
EPS (ttm): -0.32
[Chart]
Yahoo! Chart - SEC Filings
Insider Transactions - Balance Sheet

Business Summary

Platina Energy Group, Inc. is a diversified exploration and production (E & P) Company. It is the first of its kind listed on the NASDAQ OTCBB (symbol: PLTG), to advent environmentally and socially responsible well site remediation methods. Under the direction of President and CEO Blair Merriam, since its organization in 2005, the Company has successfully acquired properties in Northeast Tennessee, West Texas, Central Texas and is now expanding into Oklahoma, East Texas, Kentucky and Wyoming. With various financing structures for acquisition and development in place, the Company has been able to diversify its exposure while building solid assets and cash flow coupled with accretive share issuance. Platina has advanced to one of the fastest growing Companies of its type using a combination of acquisition and organic growth. Supporting all of this is a major stake in ownership and equity investment by management evidencing a strong alignment of interest between passive investors and insiders. The Company, headquartered in Dallas, Texas, has made key acquisitions potentially worth hundreds of millions in proven and possible reserves. With production increasing on a monthly basis, operational profitability is expected as early as the first part of 2008. Further, the Company owns certain exclusive rights to the Thermal Pulse Unit (TPU). This is a proprietary heavy oil recovery technology capable of increasing certain types of production with the potential to reduce US dependence on foreign oil from increased efficiency of existing US reserves. Since its inception, Platina’s management has been aggressively structuring a portfolio through lease acquisitions that are both geologically and geographically diverse. Based on the foregoing, the Company is positioned to achieve significant growth through its drilling and rework activity.

Latest Newsletter Editions

Tue, Jul 15, 2008 @ 01:07 pm
How's Ugly Working So Far? If those who took the time to read my weekend edition on How To Make Ugly Work For You, so far there has been one stock to look at. Genetech (NYSE: DNA) reported earnings post close yesterday, and there was a brief opportunity to take a profit on a short trade or a put option...
Mon, Jun 30, 2008 @ 02:06 pm
Energy is just flat out getting goofy and technically, we don't see it coming back to reality anytime soon. $150 a barrel seems inevitable and $180 to $200 is not out of the question, not yet anyway. So, I hope many of you took our suggestion of playing the broader markets to the short side. Until proven...
Mon, Jun 23, 2008 @ 08:06 pm
Platina Goes to Pluto and Back Welcome to the erratic world of micro caps. For those of you who missed it, just this last Thursday we launched a new feature profile on Platina Energy Group (OTC BB: PLTG), a small but potentially exciting oil & gas production company with properties in Kentucky...
Sun, Jun 22, 2008 @ 12:06 pm
Special Announcement: Limited Service Until July 1st It's time for a little vacation. Normally, when I take a trip, it's somewhere there's an internet connection and I keep up to date on my notebook computer. Next week I won't have that option. I'll be out of touch with the electronic world temporarily...
Thu, Jun 19, 2008 @ 01:06 pm
Platina Energy Group (OTC BB: PLTG): My Kind of Twelve Cent'r It's a recipe Betty Crocker herself would be proud of. It's a recipe for successful speculation on low priced stocks. Here are the key ingredients to bake into the cake: Find a company in the hottest sector- the one investors are piling into...

Latest Blog Entries

Fri, Jun 20, 2008 @ 06:34 am
PLTG opened fairly reasonably at $.135 this morning. I would go ahead and grab all you want up to $.15 for today. Then, we’ll see how things pan out from there.

Disclosure

Disclaimer:
MarketByte LLC has been paid a fee of $30,000 and 10,000 newly issued Series D Convertible Preferred shares by Platina Energy for coverage of the company. The Series D convertible preferred is convertible into 1 million newly issued restricted shares in Platina Energy Group.

Recent News Headlines

Wed, 23 Jul 2008 13:04:10 Etc/GMT
Thu, 17 Jul 2008 20:48:56 Etc/GMT
Wed, 16 Jul 2008 10:02:38 Etc/GMT
Tue, 15 Jul 2008 20:05:00 Etc/GMT
Mon, 30 Jun 2008 20:05:00 Etc/GMT
Mon, 23 Jun 2008 18:44:00 Etc/GMT
Thu, 19 Jun 2008 20:05:00 Etc/GMT
Tue, 17 Jun 2008 10:03:07 Etc/GMT
Thu, 12 Jun 2008 07:00:00 Etc/GMT
Tue, 10 Jun 2008 13:04:25 Etc/GMT
Mon, 2 Jun 2008 07:00:00 Etc/GMT
Platina Energy Group, Inc. (Frankfurt: O5Y) reports gas production of 100mcf per day flowing into the pipeline for the first well drilling activity in Kentucky as of last week. The current drilling rig has already moved to the second location and has commenced drilling. An additional rig has become available due to corporate changes with another Company. Platina has contracted for this rig and has been promised delivery within 1-2 weeks.
Fri, 30 May 2008 21:03:27 Etc/GMT
Fri, 16 May 2008 10:07:02 Etc/GMT
Thu, 24 Apr 2008 07:00:00 Etc/GMT
Platina Energy Group, Inc. (Frankfurt: O5Y) reports oil production of 7-13 barrels per day from the combined output of O'Daniel, Rick #1 and Stout wells in Oklahoma. Bowie Energy, a subsidiary of Platina Energy Group, is the local business representative for the prospect.
Thu, 17 Apr 2008 07:00:00 Etc/GMT
Platina Energy Group, Inc. (Frankfurt: O5Y) recently acquired "down hole" oil field technology as part of a licensing agreement from the University of Texas. The patented technology solves a common problem in the oil and gas industry with certain types of wells whereby the ability to produce natural gas at the same time as oil, had previously been limited.
Wed, 9 Apr 2008 16:50:44 Etc/GMT
Fri, 4 Apr 2008 17:46:55 Etc/GMT
Thu, 3 Apr 2008 07:05:00 Etc/GMT
Platina Energy Group, Inc. (Frankfurt: O5Y) reports that it has had natural gas well production on its Kentucky field commanding up to a 20% premium to spot pricing resulting from high BTU content. This field, managed by Wildcat Energy, a wholly owned subsidiary of Platina, has exceeded projections and is now entering our next fiscal year profitably.
Thu, 27 Mar 2008 10:04:03 Etc/GMT
Tue, 25 Mar 2008 13:51:00 Etc/GMT

Having Trouble Getting Our Email Newsletter?

White List Us. Click Here for more info...
Click Here to View the Spicy Pickle Video Presentation

Latest Blog Entries

Mon, Jul 21, 2008 @ 09:35 pm
It was a pretty ho hum day. The day started out reasonably strong as B of A came out and announced much lower write downs than the market had anticipated. Financials were up early, and carried the market a bit higher. The larger financial institutions are not doing as badly as the market would have [...]
Mon, Jul 21, 2008 @ 09:21 pm
I know there hasn’t been a lot to chew on out of EFSF of late. I have been briefed on developments at the company. The DR program is being fine tuned, and they will be back out there soon with a bigger commitment. There was an article that appeared in a recent edition of Equities Magazine. [...]
Wed, Jul 16, 2008 @ 01:18 pm
Oil, oil, oil, oil. Huge bank rally today along with the first decent up day in the larger markets in the last month. The S&P 500 has dropped 220 points and the DOW has dropped 2,000 points since we’ve had a decent up day like this. One decent day in the larger market does not make [...]

Recent Newsletter Editions

Sat, Jul 19, 2008 @ 08:07 pm
Comments in the BLOG For all of you who were following the trading strategy I laid out in last weekend's edition for shorting large caps into earnings releases, you probably have figured out by now that I have pretty much abandoned that idea. The Daily BLOGs have contained no short term trading ideas...
Thu, Jul 17, 2008 @ 11:23 am
Spicy Pickle (OTC BB: SPKL) Notches #42 SPKL announced store #42 is now open for business. It is located in Michigan- Portage, Michigan to be precise. Michigan represents the 14th state for Spicy Pickle. The Michigan franchisee has committed to opening 10 stores in the Kalamazoo- Grand Rapids- Ann Arbor...
Tue, Jul 15, 2008 @ 01:10 pm
How's Ugly Working So Far? If those who took the time to read my weekend edition on How To Make Ugly Work For You, so far there has been one stock to look at. Genetech (NYSE: DNA) reported earnings post close yesterday, and there was a brief opportunity to take a profit on a short trade or a put option...