Deliver Your News to the World

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


WEBWIRE

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.

To view the entire press release, please visit http://finance.yahoo.com/news/Hybrid-Energy-Holdings-iw-783465370.html?x=0

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)

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid Small Cap News Release twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation do no trading of any kind and send no faxes or emails.



WebWireID112891




 
 Hybrid Energy
 HYBE
 Drilling
 Small Cap News
 Penny Stock


This news content may be integrated into any legitimate news gathering and publishing effort. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.