Smart-Tek Solutions, Inc. closed at $0.47 Tuesday, trading 221,167 shares.
Smart-Tek Appoints New Chairman and Chief Executive Officer
NEWPORT BEACH, Calif., March 17, 2010 -- Smart-Tek Solutions, Inc. (OTCBB: STTN), today announced that Brian Bonar has been selected as the new Chief Executive Officer and will also take over the position of the Chairman of the Board of Directors.
About Smart-Tek Solutions, Inc
The parent, Smart-Tek Solutions, Inc., generates revenue from the installation of security systems in construction projects. Its board is currently in negotiations to sell its original business and focus entirely on the PEO business of its wholly owned subsidiary, in order to achieve the best value for its shareholders. The original business generated $3.3 and $3.8 Million of revenue in 2009 and 2008 respectively, and $0 and ($3.1) loss of earnings in 2009 and 2008 respectively.
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Signature Exploration and Production Corporation closed at $0.79 Tuesday, trading 30,910 shares.
Signature Exploration and Production Corp. Provides Update on Illinois Reef Prospect
HOUSTON, March 17, 2010 -- Signature Exploration and Production Corporation (OTCBB: SXLP), an independent energy company engaged in the exploration, development, exploitation and acquisition of oil and natural gas properties in the U.S., announced today an update on the progress of the Company's 25% working interest in ten off set wells located in Fayette and Macon Counties of Illinois ("the Illinois Reef Prospect").
About Signature Exploration and Production Corp.
Signature Exploration and Production Corp. is an independent energy company engaged in the exploration, development, exploitation and acquisition of on-shore oil and natural gas properties in conventional producing areas along the gulf coast of Texas. Management's strategy is to continue making acquisitions of select properties that have been identified as economically attractive, technically and geologically sound and have significant upside potential. Visit www.signatureexploration.com for more information. For additional small cap news, tools and tips visit http://stockprofiler.us/?action=main.market_news
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