Shares of Chimera Energy Corp. (OTC: CHMR), a development-stage company supplying equipment and components utilized in exploration and production of oil and gas, saw a huge rally in trading today.
CHMR shares touched an all-time high of $2 in trading before finishing the day 23.13% higher at $1.81 on above average volume of 1.42 million.
CHMR shares rallied today after the company announced that it executed a Memorandum of Understanding (MOU) with Pemex regarding the use of CHMRâ€™s revolutionary exothermic Non-Hydraulic Extraction method throughout Latin America. Pemex is the largest company in Mexico.
On Wednesday, Chimera Energy announced that it will participate in the North American Prospect Expo. The company will present its new Non-Hydraulic Shale Oil Extraction system at the Expo.
The North American Prospect Expo, which is the premier E&P networking venue, provides a marketplace for the buying, selling and trading of oil and gas prospects and producing via exhibit booths.
CHMRâ€™s Non0Hydraulic Extraction process has been designed to safely replace hydraulic fracturing (AKA fracking and fracing) without negative environmental impacts. The process uses no water.
Shares of Bebida Beverage Company (PINK: BBDA), a developer, manufacturer and marketer of functional drinks and bottled water in the U.S., surged in trading today.
BBDA shares ended the day 10.39% higher at $0.0085 on above average volume of 116.41 million. In the last five trading sessions, BBDA gained more than 203%.
Earlier this week, Bebida Beverage announced that it took another step in its efforts to completely cover the country from coast to coast with its KOMA Unwind Liquid Relaxation drinks.
Bebida Beverage said that it entered into a partnership with Amagra LLC under which Amagra will distribute KOMA Unwind to a significant area of northern California, which will include San Jose. With a population of 7.6 million, San Jose is the third largest city of California.
Bebida Beverage CEO Brian Weber said that the part of California that Amagra is covering is a big step forward for BBDA in getting its distribution country wide and now there are nearly 10 million stressed out Californians that will be able to unwind and relax at the end of the day and get a great nightâ€™s sleep.