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    Corporate Resource Services Posts Q1 Profits (OTCBB:CRRS) (OTCMKTS:TEXQY)

    June 01 Jun 2013 | 02:10



    Corporate Resource Services, Inc. (CRRS)

    Last Friday, the company shed (-2.37%) down -0.04 at $1.65 with 21,152 shares at the close (ref. google finance May 31, 2013), but don’t let this get you down.

    Corporate Resource Services, Inc. previously reported results for the quarter ended April 5, 2013, which included quarterly revenues of $194.2 million, an increase of 34.2% over the same quarter in 2012. EBITDA for the quarter was $2.0 million and net income improved to $0.1 million from a loss of $2.7 million in the year-earlier period. This is the third consecutive quarter of profitability for the Company.

    Take a look at Corporate Resource Services, Inc. (CRRS) 5 day chart:


    For more information please visit Corporate Resource Services, Inc. (OTCBB:CRRS) at www.crsco.com



    Target Energy Limited (TEXQY)

    On the International OTCQX Target Energy (TEXQY) is going for $6.50 . Now what makes TEXQY convenient  in my opinion is that this is a ADR. For those that dont know a ADR means “American Depositary Receipt”.   From my understanding, these Target Energy Limited american depositary receipt’s on the OTC are bundles of 100 shares of common stock. So with Target Energy Limited american depositary receipt price value at $6.50, I would assume that this is a bargain because Target Energy Limited is profitable and could ramp up the production.

    Target Energy Limited, a Houston-based Australian public oil and gas exploration and production company with producing assets in Permian Basin and Texas & Louisiana Gulf Coast.

    Target Energy Limited’s production increased by +320% in 2013 following successful Permian Basin drilling campaign. In April, the Company was generating in excess of $400,000 per month in net sales revenue. The Company’s ongoing 2013 drilling programs in Permian Basin and Louisiana are likely to add significantly to their production and reserves.

    To view Target Energy Limited video click link http://crwetube.com/media/target-energy-ltds-managing-director-laurence-roe .

    Now take a look at Target Energy Limited (TEXQY ) 1 day chart (ADR price $ 6.50):


    Target Energy stock can be traded directly on the Australian Securities Exchange (stock code TEX ). More conveniently for US investors, Target Energy ADR’s can now be traded on the New Yorkbased OTCQX International platform (stock code “TEXQY ”). Keep in mind, a Target Energy ADR is equivalent to 100 Target common shares.

    In my opinion, this is a great Company that has produced great profit with the ability to ramp up production. Keep a eye out for Target Energy Limited ticker “TEXQY ”. Don’t forget you can also go to the Australian Securities Exchange Target Energy (ASX:TEX).

    For more information please visit Target Energy Limited (ASX:TEX) (TEX.AX) (OTCMKTS:TEXQY) at http://targetenergy.com.au/

    Stay tuned!

    Remember: Always do your homework and consult your own financial professional.

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