Lonestar Resources Ltd. (OTCQX: LNREF) saw its share volume skyrocket on June 9th with 6,702,497 shares exchanging hands, 25 times higher than its three month daily average volume of 265,039 shares.
Just last week, it was announced that Lonestar Resources, an oil and gas exploration company based in Fort Worth, Texas, had been approved to trade on OTCQX(r), the best marketplace with qualified companies.
"We are pleased to welcome Lonestar to OTCQX," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "Trading on OTCQX enables Lonestar to provide its U.S. investors transparent trading and convenient access to its news and disclosure so they can more easily analyze, value and trade its securities. We look forward to working with Lonestar as they continue to enhance value for its shareholders."
"Lonestar is at an exciting stage in its development having recently completed a strategic transaction in the Eagle Ford which expanded its net leasehold position in the Eagle Ford Shale play to over 23,000 acres, and established substantial liquidity in the form of its $220 million Senior Unsecured Note Offering," stated Frank D. Bracken, III, Lonestar's CEO.
LNREF closed the day at $.461, 30.59% higher than its previous close of $.353.
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VPLM Continues To See High Share Volume Amid Blackout Period
Voip-Pal.com, Inc. (OTCPINK: VPLM) saw its share volume soar on June 9th with 2,894,220 shares exchanging hands, three times higher than its three month daily average volume of 870,914 shares.
VPLM enacted a "blackout period" last week. The purpose of the Blackout Period is to preclude specific individuals and entities close to the Company from trading Voip-Pal stock during the Blackout Period. This will allow its board members to consider an event or events that may occur that are material and known only to a few directors and/or executives. The Blackout only affects past and present Company Directors, Officers, Attorneys, Investor Relations Personnel, Insiders, close associates of Insiders or those perceived to be Insiders as a result of current or prior involvement with Voip-Pal. The Blackout Period takes effect at 9:00 AM (EST) on June 6, 2014 and is scheduled to be in place until the close of the market on June 20, 2014.
Dr. Thomas Sawyer, Chairman and CEO of Voip-Pal, stated, "This Blackout Period should not be an inconvenience to most shareholders, and those that are affected understand the requirement for such action during periods of discussions or negotiations. This action is a necessary step which will allow the Board of Directors to proceed with the business at hand in a compliant manner and protect the interests of our shareholders."
VPLM closed the day at $.2701, 7.14% higher than its previous close of $.2521.
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3D Pioneer Systems Launches Website
3D Pioneer Systems Inc. (OTCQB: DPSM) saw its share volume surge on June 9th with 1,085,644 shares exchanging hands, nearly six times higher than its three month daily average volume of 184,505 shares.
3D Pioneer Systems, Inc. announced today it is in the process of launching its website www.BeatAny3DPrint.com, a 3D printing service which is anticipated to beat any existing quotes for 3D printing jobs.
3D Pioneer believes that 3D printing should be accessible to all -- and this service shall serve as a big step towards achieving this goal which is in line with the Company's overarching strategy. The 3D Printing industry is one that is very promising -- and 3D Pioneer is excited with the launch of the website.
"If customers are not happy with the price that they have been quoted, 3D Pioneer will match the price that has been quoted by one of our competitors. In effect, We'll Beat It! Customers perfectly happy with the price quoted for the 3D printing job, We'll STILL Beat it!" says Conrad Zammit, 3D Pioneer's Technical Advisor.
DPSM closed the day at $.586.
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