REVI | Resource Ventures Stock Is All Rev’d Up For Round 2

REVI Stock Quote, REVI.PK, REVI share Price, Resource Ventures Inc., REVI.PKGuess who’s back, back again, Resource Ventures Inc (REVI), this time its Cohen. Yes, the three-day penny stock promotion from The Bull Exchange from March is back and this time REVI stock is getting a rebuilt version of the “Why Didn’t You Open My Last Email?” persistent awareness provider. Starting at a lower price is going to help stats wise since signing a Letter of Intent with Petroskandia AB of Sweden, an oil and gas exploration, production and trading company, obviously means that this POS is the best thing since matzo bread was packaged for bulk sale.

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Market Cap: 4.37M
Last: 0.0468 ▲ +0.0118 (+33.71%)
Volume: 2,158,900
Dollar Volume: $90,388
Open: 0.04
High: 0.047
Low: 0.038
Trades: 135
Authorized: 800,000,000
Issued and Outstanding: 92,660,437
1st Support Level: 0.0409
2nd Support Level: 0.0349

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Just over a month ago, actually the same day AwesomePennyStocks issued their initial alerts on Goff Corporation (GOFF), Resource Ventures’ REVI stock was the feature pick for The Bull Exchange. Gapping open at 0.066 from its previous close of 0.027, traders got bagged into the pinksheeter who played the opening bell alerts by buying in as high as 0.12.

While the shares collapsed the following three trading sessions, REVI did recover to have a quick sprint to 0.17 over the subsequent two trading sessions. The run proved that if a seller isn’t a pig and is willing to let the stock breathe a bit, gains can be made by traders willing to find the right entry and exit points.

The latest news from Resource Ventures claims that a possible joint exploration and development on the Tebourosouk Block in Tunisia which is jointly owned by Petroskandia (50%) and Entreprise Tunisienne d’Activites Petroliere, the Tunisian state-owned oil and gas exploration company (also 50%), could be in the works. The deal, if all the t’s get crossed and i’s dotted, could include a farm-in agreement under which the Company’s wholly-owned subsidiary, Global Energy Management Ltd., would have the chance to earn a 25% retained interest in the block in return for exploration and development funding.

In case you missed the geography class when Tunisia was covered in detail while you were in high school, the Teboursouk permit is onshore, near the Utique gas producing field, very close to the two main structural zones of the northern Tunisia and is comprised of a total area of 4956 square kilometers (1913 square miles).

About REVI Stock

Resource Ventures, Inc., an emerging independent global Electrical Power Production and Petroleum Exploration Company, is focused on the acquisition and development of a diversified portfolio of complementary power generation and energy production projects.

Click here to view the financial filings for REVI on OTCMarkets.
Click here to view the website for Resource Ventures.

Last 5 Trading Sessions:

Date Last Change % Change Volume
04/23/13 0.0468 +0.0118 +33.71% 2,158,900
04/22/13 0.0350 +0.0039 +12.54% 67,100
04/19/13 0.0311 -0.0050 -13.85% 220,300
04/18/13 0.0361 -0.0014 -3.73% 94,000
04/17/13 0.0375 -0.0015 -3.85% 78,900


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Bottom Line:

While 17 is totally out of the question, halfway to a dime might not be making REVI worth adding to the list of penny stocks to watch today. The sands in the hour glass are limited for REVI stock so be preparred to be in front of the screen if you decide to own it.

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