Saturday, April 3, 2010

StockProfiler.US: Penny Stocks in the News: Gateway Energy Corporation & Emerald Dairy, Inc.



HOUSTON, April 1, 2010 -- Gateway Energy Corporation (OTCBB: GNRG) ("Gateway") today announced that its Special Committee, established to consider strategic alternatives to enhance shareholder value, has engaged as its independent financial advisor Growth Capital Partners, L.P.

Gateway Energy Corporation closed at $0.39 Thursday, trading 310 shares.

Gateway Energy Corporation's Special Committee - Engages Growth Capital Partners, L.P. as Independent Financial Advisor to Explore Strategic Alternatives

About Gateway Energy

Gateway Energy Corporation owns and operates natural gas gathering, transportation and distribution systems in Texas, Texas state waters and in federal waters of the Gulf of Mexico off the Texas and Louisiana coasts. Gateway gathers offshore wellhead natural gas production and liquid hydrocarbons from producers, and then aggregates this production for processing and transportation to other pipelines. Gateway also transports gas through its onshore systems for non-affiliated shippers and through its affiliated distribution system and makes sales of natural gas to end users.

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RESTON, Va., April 1, 2010 -- Emerald Dairy, Inc. (
OTCBB: EMDY), a leading producer and distributor of infant and children's formula, milk powder and soybean products in China, today announced results for the fiscal year ended December 31, 2009.

Emerald Dairy, Inc. closed at $1.29 Thursday, trading 42,699 shares.

Emerald Dairy Inc. Reports FY 2009 Net Income Rose to $4.2 Million, Up From $2.3 million for FY 2008

About Emerald Dairy, Inc.

Through its wholly-owned operating subsidiaries, Emerald Dairy, Inc. is a producer and distributor of infant and children's formula, milk powder and soybean products in the People's Republic of China. The Company's products are sold under two brand names -- "Xing An Ling," designed for low-end customers, and "Yi Bai," designed for middle and high-end customers. They are distributed throughout 20 provinces in mainland China and sold in over 5,800 retail outlets.

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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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