STL Marketing Group, Inc. STLK
We’ll continue to follow this play, and keep our readers abreast of any new information as it becomes available.
Colorado Springs, CO— (January 24th 2013) – STL Marketing Group, Inc. (OTC: STLK) has finalized the merger with Versant Corporation. The Board of Directors of Versant Corporation has approved the share exchange plan for the remaining minority shares in Versant Corporation. As per our agreement in mid-October, Versant Corporation will be a wholly owned subsidiary of STL Marketing Group, Inc.
The Company will implement this exchange plan as soon as possible, to continue the necessary fund raising activities. The Company will be raising at least $8,500,000 for its renewable energy business through a variety of mechanisms.
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World Moto, Inc. FARE
FARE, a play from yesterday’s extended watchlist, opened at .1172 and ran to .17 in the first 15 minutes of trading, marking gains of up to 45% for sharp traders who were in at the open and made a quick exit at the top.
There were a few bounces that followed throughout the day, one from .083 to .124 (50%), and then again from .09 to .12 (33%). In all, up to 128% in cumulative gains out of FARE on Thursday.
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ATTENTION: Be sure to be on the lookout for Monday’s report, which will contain a hot new pick.
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Extended Watchlist:
TAGG, AMEL, HBRM, ENTB, AQLV