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Beacon Research Issues TraderNotes on MMTE, UCOI, LLEG, NOV, EPIX for December 19, 2007

Today’s TraderNotes include: Mammoth Energy Group, Inc. (Pink Sheets: MMTE), Unico, Inc. (OTCBB: UCOI), Laidlaw Energy Group, Inc. (Pink Sheets: LLEG), National Oilwell Varco, Inc. (NYSE: NOV), EPIX Pharmaceuticals (Nasdaq: EPIX)

 

Mammoth Energy Group, Inc. (MMTE) TraderNote – MMTE Finds Growth Potential From Its Noble and Kay County Properties in Oklahoma

 

Mammoth Energy Group, Inc. (MMTE) closed yesterday at 0.09, a positive change of 0.01 or an increase of 11.88% from the previous close of 0.08.  Mammoth Energy Group, Inc. is an oil and gas exploration holding company, consisting of a wholly owned subsidiary, United Gas OK, Inc. whose primary focus is the development of shallow gas projects in northeastern Oklahoma due to the low risk, blanket characteristics in the area that make it possible to drill and produce a well nearly every time.  It is currently focused on developing its Noble and Kay County properties in Oklahoma that covers approximately 1,400 acres.  In yesterday’s trading, MMTE traded a volume of 95,701 shares within the range of 0.07 – 0.09.  Share prices hit the high of 0.09 at closing, indicating a near-term bullish signal, while low for the day touched the 52-week and year low rate of 0.07, establishing a significant immediate support level.  

 

Unico, Inc. (UCOI) TraderNote – UCOI Boosted by Its 2006 Missouri and Illinois Exports Amounting to US$12.8B and US$42.1B, Respectively

 

Unico, Inc. (UCOI) heavily traded yesterday with a volume of 29,305,425 shares within the narrow range of 0.0007 – 0.0008.  Unico, Incorporated, through its subsidiaries, engages in the exploration, development, and production of gold, silver, lead, zinc, and copper concentrates. The company owns interests in Deer Trail mine, which covers 28 patented claims, 5 patented mill sites, and 171 unpatented claims located on Deer Trail mountain in the Tushar mountains of East Central, Utah in the Mount Baldy and Ohio Mining districts, approximately 5 miles south of Marysvale, Utah.  It also has interests in Silver Bell mine that consists of 26 patented mining claims located in American Fork Canyon, Utah County in Utah; and an option to purchase mining claims in Bromide Basin mine containing approximately 400 acres in the Henry Mountain Mining district, located in Garfield County, Utah.  Missouri exports hit $12.8 billion last year, up 22 percent from 2005, and experts predict this year's export sales will be even higher. Illinois exports totaled $42.1 billion in 2006, up 17 percent from the year before.  Canada, Mexico, Japan, the United Kingdom and China are the top export countries for both states.  In yesterday’s trading, UCOI closed at 0.0007, a negative change of 0.0001 or a decrease of 12.50% from the previous close of 0.0008.  At present, it has 4.82B shares outstanding.

 

Laidlaw Energy Group, Inc. (LLEG) TraderNote – LLEG Received Financing Offer From A Major Wall Street Investment Bank

 

Laidlaw Energy Group, Inc. (LLEG) heavily traded yesterday with a volume of 23,780,885 shares within the range of 0.0013 – 0.0016.  Laidlaw Energy Group is engaged in the development of independent power plants that generate electricity from renewable resources. LLEG's mission is to build and manage a profitable portfolio of renewable energy facilities through the development of new facilities and acquisition of existing facilities.  LLEG is headquartered in New York, New York.  LLEG is finalizing the transaction to acquire the assets in Berlin, NH, and is on track for a closing around the end of the year.  They have received an offer of financing from a major Wall Street investment bank that, coupled with their equity capital and that of their partners, will provide the necessary funding to complete the development of a biomass-energy project.  In yesterday’s trading, LLEG closed at 0.0013, a slight negative change of 0.0002 or a decline of 13.33% from the previous close of 0.0015.

 

National Oilwell Varco, Inc. (NOV) TraderNote – NOV Acquires All Outstanding Shares of Grant Prideco, Inc. In Merger Agreement

 

National Oilwell Varco, Inc. (NOV) heavily traded yesterday with 11,267,098 shares within the range of 68.16 – 73.14.  National Oilwell Varco is a worldwide leader in the design, manufacture and sale of equipment and components used in oil and gas drilling and production operations, the provision of oilfield services, and supply chain integration services to the upstream oil and gas industry.  Recently, National Oilwell Varco, Inc. and Grant Prideco, Inc. jointly announced that they have entered into a definitive merger agreement pursuant to which National Oilwell Varco will acquire all of the outstanding shares of Grant Prideco for consideration of $23.20 in cash and 0.4498 shares of National Oilwell Varco per share of Grant Prideco.  In yesterday’s trading, NOV closed at 69.70, a slight negative change of 0.99 or a decrease of 1.40% from the previous close of 70.69. 

 

EPIX Pharmaceutical (EPIX) TraderNote – EPIX Actively Traded Yesterday with 15,539,616 Shares in 31,661 Transactions

 

EPIX Pharmaceutical (EPIX) actively traded yesterday with a volume 15,539,616 shares valued at US$62.19M in 31,661 transactions.  EPIX Pharmaceuticals is a biopharmaceutical company focused on discovering and developing novel therapeutics through the use of its proprietary and highly efficient in silico drug discovery platform. The company has a pipeline of internally-discovered drug candidates currently in clinical development to treat diseases of the central nervous system and lung conditions.  EPIX also has collaborations with leading organizations, including GlaxoSmithKline, Amgen, Cystic Fibrosis Foundation Therapeutics and Bayer Schering Pharma AG, Germany.  In yesterday’s trading, EPIX closed at 4.02, a positive change of 1.05 or an increase of 35.35% from the previous close of 2.97.  At present, it has 36.06M shares outstanding. 

 

Beacon Equity Research Disclosure

 

The analysts contributing to this report do not hold any shares of Mammoth Energy Group, Inc. (MMTE).  Additionally the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research (“Beacon”) certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report.  Beacon Equity Research and its affiliates have been compensated one million shares from Star Consulting for enrollment of MMTE in this research program and to coordinate a marketing program.  This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
 
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