Friday, May 9, 2014

Rainbow Coral Corp. Praises Partner TheraKine’s Fundraising Results in $60B Drug Delivery Market (OTCBB:RBCC, ASX:TEX)

rbcc

Rainbow Coral Corp. (RBCC)

Today, RBCC has shed (-11.76%) down -0.034 at $.255 with 18,300 shares in play thus far (ref. google finance Delayed: 11:33AM EDT July 10, 2013), but don't let this get you down.

Rainbow Coral Corp. previously praised the fundraising results achieved by joint venture partner TheraKine, Ltd., as both companies work together to solve the problems posed by systemic drug delivery.

"TheraKine has done a tremendous job of bringing in outside funds to help push its innovations further into a hungry marketplace," said RBCC CEO Patrick Brown. "The interest in TheraKine's new drug delivery solutions is a fantastic illustration of this new system's incredible market potential."

Rainbow Coral Corp. (RBCC) 5 day chart:

rbccchart

texqy

Target Energy Limited (TEXQY) (TEX)

Target Energy Limited (OTCQX:TEXQY, ASX:TEX) (http://targetenergy.com.au/) is an oil and gas exploration and production company listed on the Australian Securities Exchange and trading under ticker “TEX” and OTC Markets trading under ticker “TEXQY”.

Today (July 10), Target Energy Limited ticker (OTCQX:TEXQY) had remained (0.00%) +0.000 at $6.48 thus far (ref. google finance 12:34PM EDT July 10, 2013), and Target Energy Limited on the Australian Securities Exchange ticker (ASX:TEX) had surged (+9.68%) +0.006 at $.068 with 106,557 shares in play at the close (ref. google finance July 10, 2013 – Close).

Target Energy Limited previously reported that the company is continuing drilling operations at the Pine Pasture #3 oil well on their East Chalkey Oil Field in Parish, Louisiana. The Company had independent studies which indicated that put upside recoverable reserves for Pine Pasture #3 range between 250,000 and 450,000 barrels of oil. In addition, the report also revealed that the East Chalkey Field has an upside estimate of 4 million barrels of oil.

texqyvideo

To view Target Energy Limited video click link http://crwetube.com/media/target-energy-ltds-managing-director-laurence-roe .

Keep in mind, Target Energy Limited production increased by +320% in 2013 following successful Permian Basin drilling campaign. In April, the Company was generating in excess of $400,000 per month in net sales revenue. The Company's ongoing 2013 drilling programs in Permian Basin and Louisiana are likely to add significantly to their production and reserves.

Target Energy Limited (ASX:TEX) 5 day chart:

texchart

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