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SmallCapNewsRelease:(OTC: HYBE) Acquires 35 Billion Cubic Feet Of Proven Reserves


JERICHO, NY--(SmallCapNewsRelease)--February 19th, 2010 Hybrid Energy Holdings, Inc (OTC: HYBE) announced today that they have closed their acquisition of nine (9) current cash-flow producing energy properties in and around McAllen Texas.

Hybrid Energy entered into an equity based transaction of preferred stock for approximately $6.9 million in immediate profitability. The proven reserves on the properties are estimated at $175,000,000.

No reverse split or modification to capitalization structure will be done as a result of this acquisition.

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SmallCapNewsRelease gainers are Peco II Inc (NASDAQ: PIII) SinoCoking Coal and Coke Chemic (NASDAQ: SCOK) RAIT Financial Trust (NYSE: RAS) Midwest Banc Holdings (NASDAQ: MBHIP) Man Sang International (AMEX: MHJ) Dataram Corp (NASDAQ: DRAM) Colonial Bankshares (NASDAQ: COBK) Newpark Resources (NYSE: NR)

SmallCapNewsRelease decliners ARYx Therapeutics (NASDAQ: ARYX) Unilife Corp (NASDAQ: UNIS) EnergySolutions Inc (NYSE: ES) Endologix Inc (NASDAQ: ELGX) The Knot Inc (NASDAQ: KNOT) Merit Medical Systems (NASDAQ: MMSI) Encorium Group (NASDAQ: ENCOD) Canadian Solar (NASDAQ: CSIQ)

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