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Article Excerpt M2 PRESSWIRE-30 June 2008-OTCPicks.com: OTCPicks.com Daily Market Movers Digest Midday Report for Monday, June 30th GYGC, CABN, FRGY, DDSS, BZTG(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:30062008
Our Stocks to Watch today include Guyana Gold Corp. (OTC: GYGC), Carbon Sciences Inc. (OTCBB: CABN), Frontier Energy Corporation (OTC: FRGY), Labopharm Inc. (NASDAQ: DDSS), Buzz Technologies Inc. (OTC: BZTG)
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GUYANA GOLD CORPORATION (OTC: GYGC) "Up 10.87% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/GYGC.php
Company Profile: http://www.otcpicks.com/guyana-gold/guyana-gold.htm
Guyana Gold Corporation is a junior mineral exploration company that specializes in identifying, acquiring and developing precious and base metal properties as well as assessing whether certain claims possess exploitable commercial and precious mineral reserves. The Company's objective is to develop a balanced global portfolio of early-to-advanced stage projects. Guyana is currently focused on gold projects in the Caribbean. The Company's key mineral project is located in the region of Port Kaituma, in which the Company holds a 50% interest as part of its joint venture with Octagon Mining Corp. The main interests along the Guyana Shield are gold, diamond and bauxite and, recently, semi-precious stones.
GYGC News:
June 30 - Guyana Gold Corp. to Cancel 114,250,000 of Its Common Shares of the Company Stock
Guyana's Cancellation Will Reduce the Outstanding Shares from 165,038,947 to 50,788,947
Guyana Gold Corp. (OTC: GYGC) announced that a decision has been made to cancel 114,250,000 common shares. This cancellation will reduce the company's outstanding shares from 165,038,947 to 50,788,947, which represents approximately 70% of the issued and outstanding shares.
Eduard Aronov, President of Guyana Gold Corp., commented that, "This action to reduce the company's issued and outstanding shares shows the great commitment level management has for its shareholders and to the future growth of the company." Additionally he noted, "I am confident that our future revenue stream will continue to produce results that our shareholders have come to expect. These things, combined with other exciting events we see in the very near future, should make the next couple of years very exciting for Guyana Gold Corp."
Further details will be released as they become available.
CARBON SCIENCES INCORPORATED (OTCBB: CABN)
Detailed Quote: www.otcpicks.com/quotes/CABN.php
Company Profile: www.otcpicks.com/carbon-sciences/carbon-sciences-2.htm
Carbon Sciences, Inc. focuses on developing GreenCarbon technology to convert carbon dioxide into a form that would not contribute to global warming. Its GreenCarbon technology is targeted at coal-fired electrical power plants and fuel production plants. The company was founded in 2006 as Zingerang,...
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