Stock to Watch 06/25/09
-Since June 2/09-when it closed at 8 cents on a volume of 1.2 million shares-it has moved up to close at 21 ½ cents as of June 25/09.
-This is an increase of 268% in 18 trading days-trading volumes averaged 544,000 shares per day.
-Company Name: SONIC TECHNOLOGY SOLUTIONS INC.,
-primary emphasis on Heavy Oil Upgrading Technologies.
-SYMBOL: SNV- TSX Venture Exchange.
We have been following this Company for the past six weeks and twice in the last month have suggested investors and traders look at this firm. Do your own DD and discover who is involved with this deal.
-Axemen Resource Capital has been one of the hottest “boutique” financiers and consultants in Vancouver during the last 6 months. (See SNV- Jan. 26/09 News Release.)
-News Release and Sedar Filing dated June 11/09, is also of interest
-Axemen has been involved with the following 4 deals CNY, EAS, UW, and CTT-check out their progress since January, 2009.
-We think SNV has a good chance of performing in a similar fashion.
From a stock point of view SNV has relationships with strong industry players and Consultants who can raise substantial funding, as required, and can expose the Company to a large investor audience.
On the corporate side SNV has a Development Agreement with Shell and a Joint Venture Agreement with Nalco Mobotec-two of the largest Companies in the world, in their respective industries.
Worth a look.