StockSharks ALERT: SRCR
Semper Resources, Inc.
Website: iescrete.com
IR Contact: Larry Johnson 509-624-1523
Current Price: $1.50 x $1.625
Shares O/S: 25.5 mm
Float: 3.1mm ( it is felt 80% of the float is tightly held leaving
essentially 600K available on the street)
Expectation: Short Term $5.00 plus, Long Term (60 - 90 days)
$10.00 -
$15.00
COMPANY OVERVIEW:
Norad Corp. recently completed a Reverse Merger into Semper Resources
(SRCR).
Norad, Inc., founded in 1998, has spent the last 2 years developing a
strategic technology IESCRETE(TM), a proprietary chemistry for the
treatment
of contaminated soil and stabilization, as well as innovating and
perfecting
its unique consolidation program.
IESCRETE(TM) is a proprietary chemistry for contaminated soil
solidification
and stabilization. This process binds toxins and surrounding soils
into a
hard, cement like product which is safe and suitable for reuse in
applications such as road bases. The recycling potential of IESCRETE
(TM),
and its cost efficiency, makes it a product
of the future as the United States begins to approach environmental
remediation with a recycling perspective similar to European
developments.
NEWS RELEASES:
News from 8/10
newsalert.com
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av=na-search-&StoryTitle=SRCR
News from 8/7
newsalert.com
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av=na-search-&StoryTitle=SRCR
News from 8/3
newsalert.com
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av=na-search-&StoryTitle=SRCR
News from 7/14
newsalert.com
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av=na-search-&StoryTitle=SRCR
Points of interest from the News Releases:
The recurring statements of building the business through
acquisitions are
very interesting. We expect to see more information from the company
very
soon. We also expect that with sizeable acquisitions the company may
have
to increase the availble shares through a forward split.
Another very exciting point is the statement in the August 03 release.
"In a recently completed EPA sponsored one-year test of technologies
available for in place mine tailings capping, IESCRETE(TM) was
identified as
the most effective and inexpensive process. Norad expects the
potential for
this product to expand exponentially over the next 5 years."
With a statement of approved by the EPA we additionally expect to see
information from the company concerning contracts in the very near
future in
relation to government contracts. This process is also in line with
the
needs of large Oil companies.
The company has additionally secured working capital in the amount of
$1,000,000.00 through a private placement.
The company additionally seems to be putting out PR's very
frequently. We
expect this trend to increase.
In short, we feel this is a rocket about to take off.
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Resources)
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