Friday, March 26, 2010

StockProfiler.US: Small Cap Companies: Lux Energy Corp. & Baltia Air Lines, Inc.



CALGARY, March 25, 2010 -- Lux Energy Corp. (OTCBB: LUXE), an oil and gas production and exploration company, today announced that it has signed an agreement to participate in a deep well test in the Lower Tuscaloosa "C" structure in Pike County, Mississippi.

Lux Energy Corp. closed at $0.02 Thursday, trading 222,394 shares.

Lux Energy Signs Agreement for Participation in Mississippi Tuscaloosa Deep Play

About Lux Energy Corp.

Lux Energy Corp. is an oil and gas production and exploration company focusing on developing oil and gas resources in North America. Further information and news releases are available at www.luxenergycorp.com.

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JAMAICA, N.Y., March 25, 2010 -- JFK INTERNATIONAL AIRPORT -- Baltia Air Lines, Inc. (OTCBB: BLTA) announced today that it has executed a cargo handling agreement with Cargo Terminal Pulkovo for the physical handling of outbound and inbound cargo, ramp services, mail handling and shipping document processing.

Baltia Air Lines, Inc. closed at $0.078 Thursday, trading 128,164 shares.

Baltia Air Lines Signs Cargo Handling Agreement

About Baltia

Baltia Air Lines, Inc. is a New York corporation with base of operations in Terminal 4 at JFK International Airport in New York. Today, after JetBlue and Virgin America, Baltia Air Lines is the only new start-up United States Part 121 (heavy jet operator) airline in existence that has received Department of Transportation approval. Baltia's goal is to become the leading U.S. airline in the trans-Atlantic market between the major U.S. cities and capital cities of Eastern Europe, including Russia, Latvia, Ukraine, and Belarus. Baltia intends to provide high quality three-class passenger service, and reliable cargo and mail transportation. Baltia plans to begin their foreign scheduled air transportation as the only U.S. airline, connecting directly, to two of the world's most prominent cities -- New York and St. Petersburg.

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Please Note: All news contained herein has been previously issued by the companies mentioned in this release, and is the property of each company, respectively. All news is edited for content. The companies that are discussed in this opinion have not approved the statements made in this opinion.

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