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SANTA ANA, Calif., Jan. 29 /PRNewswire/ -- Donner Corp. International, a broker/dealer specializing in investment banking, headquartered in Santa Ana, Ca., today reiterated a Speculative Buy Recommendation on Imperial Petroleum, Inc. (OTC Bulletin Board: IPTM - news), Evansville, Indiana. IPTM through its subsidiaries and affiliates is active not only in its primary areas of focus, gold mining and crude oil and natural gas production, but also in other aspects of mining such as platinum. Through its recently announced plans to develop and install on-site electrical power generation units in conjunction with Rx power for installation in the California marketplace, Imperial is positioning itself in a unique niche within the power generation business that will compliment the development of it natural gas business. In addition to its mining and energy endeavors, the Company is active in environmental industries including wastewater management (Imperial Environmental), industrial water treatment systems (AquaDyn Technologies) and in crude oil reclamation technology.
Jeffrey T. Wilson of Imperial said, ``We are excited about our relationship with Donner Corp. International and the assistance they will bring to the future development of our company's projects and prospects. We believe we have developed some very strategic and significant projects that will have a substantial impact upon the company as we successfully develop and implement our business plan. We have diversified our business plan to include certain opportunities that have presented themselves within our ability to maintain control over the projects, reasonably assure ourselves of the ability to secure future capital as required and control overhead. We believe that the addition of Donner Corp. International and its investment banking capabilities can assist us in gaining exposure and stature as we grow.''
Copies of the Donner report on Imperial Petroleum, Inc. are available at HYPERLINK `` donnercorp.com ''
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