Las Vegas, NV -- (SBWIRE) -- 01/14/2013 -- Petrosonic Energy Inc (PINK:PSON) has been trading since September of last year and has recently made a strong move up from its $0.50 base. The stock saw a recent high of $1.12 and is currently trading just around $1.
Petrosonic Energy was initially incorporated on May 24, 2010 in Tirana, Albania. The two initial shareholders were Sonoro Energy Ltd (a Canadian publicly traded company in TSX- symbol; SNV) and Albnafta, Ltd, an Albanian private company. Trading under the name Bearing Mineral Explorations Inc. the company changed their name to Petrosonic Energy in May 2012 after an 11.25 for 1 forward split of the stock.
Petrosonic Energy, Inc. delivers innovative technologies to the energy sector. Their current focus is to provide technologies that upgrade heavy oil economically and in an environmental friendly manner.
PSON patented SonoprocessTM uses clean tech sonic energy to de-asphalt heavy oil at much smaller scale and lower capital costs than conventional Upgraders and without use of water or release of emissions in the atmosphere.
PSON is being promoted by NBT Group, Inc. with a budget of $2.5M. NBT Group, Inc. and short term the stock continues to trade very strong on big volume.
To find out more about this stock and what OTCMAGIC projects for Petrosonic Energy both short term and long term please go here: PSON
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