Penny Stocks in the News: (OTC:OCTX), (OTC:HIDC)
New York, NY -- (ReleaseWire) -- 04/19/2013 --Octagon 88 Resources, Inc. (OTC:OCTX) announced that it has engaged CEC North Star Energy Ltd of Calgary, Alberta to license and operate a summer drilling program for the first of two drill targets on leases owned in the Red Earth area of north central Alberta Canada.
These Keg River drill targets are in an area which historically has been known to have initial production ranging from 150 to 450 barrels a day of light crude with the extra benefit of low operating costs, long production curves and high net backs resulting in quick payouts.
Octagon 88 owns 100% working interest in the Red Earth leases, Octagon has now engaged CEC North Star to be the operator, this being a direct result from recent success of the coring program completed in Q1, 2013.
Octagon 88 Resources, Inc., a natural resource exploration stage company, focuses on acquiring, exploring, and developing oil and gas assets in the United States and Canada.
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Harbor Island Development Corp.’s (OTC:HIDC) BrandSeed Media Services, announced that the Company signed an exclusive print marketing agreement with American Enhancement Products, Inc.
AEP has committed to expand its marketing campaign with BrandSeed across newspapers nationwide for NxUltra®, an innovative, all-natural supplement enhancing men’s energy levels and sexual performance.
“We are pleased that our initial testing of the NxUltra print campaigns has performed so well. We believe that NxUltra can obtain substantial market share in this billion dollar market. We are working with AEP to build a direct marketing platform to create long term competitive advantage in this growing market. BrandSeed is now in the position to greatly increase media spending and drive substantial recurring revenues from these newly acquired customers,” commented Chuck Anton, President and CEO of Harbor Island Development.
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