All Penny Stocks.com News: 126 Million Revenue Projections over 5 Years as CTGX Mining Signs Acquisition Agreement
Mississauga, ON -- (SBWire) -- 11/12/2014 --AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled “126 Million Revenue Projections Over 5 Years As CTGX Mining Signs Acquisition Agreement.”
Companies mentioned in this article include CTGX Mining Inc. (OTCPK:CHCX), Shell (NYSE:RDS.A), Encana (NYSE:ECA), Total (NYSE:TOT) and MEG Energy (TSX:MEG).
In the small and microcap space, name changes can be very common as companies try to find their space to execute a business model and management gets changed around. Market watchers also see plenty of Letters of Intent and Memorandums of Understanding that are publicized that unfortunately do not end up amounting to anything. Moreover, companies often announce merger and acquisition deals with unknown companies that are touted as being formidable in their respective industries, although little information can ever be found on said companies. That’s just the nature of the beast, but it doesn’t mean there aren’t exceptions.
CTGX Mining Inc. (OTCPK:CHCX) is a firm looking to be getting a deal done that has potential. The lineage of CTGX Mining shows incorporation in 1986 as Superior Growth Inc. and subsequently eight name changes later, looks to be sticking with its current name, according to a supplemental information filing posted on OTC Markets. The filing also shows the stock to be tightly held with 27.07 million shares outstanding and only 2.02 million in the float. Chancellor Investments Ltd. owns 94% of the issued and outstanding common stock.
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