Pompano Beach, FL, January 3, 2013 -- Bebida Beverage Company (PINKSHEETS: BBDA) slipped 5.17% to $0.0055 on a traded volume of 6.97 million shares. Last month, the Company announced that F & A-B Sales is offering KOMA UNWIND Liquid Relaxation to over 2,000 convenience stores. F & A-B Sales has a large in-house distribution network as well as a significant sales team. The Company sells and distributes general merchandise and a full line of Red Line Energy Drinks and will pull BeBevCo Products through Sherwood Foods. Bebida Beverage Company is a developer, manufacturer and marketer of liquid relaxation and energy products.
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GLOBALGRP INV HLDGS (PINKSHEETS: GIHI) jumped up 20% to $0.0006 on a traded volume of 156.27 million shares. The Company announced that its subsidiary Sovereign Oil Corp has completed the initial clean-up of the Baker lease tank battery in preparation for oil storage from the accessible production of the 9 existing wells and 3 additional wells scheduled to be re-worked in first quarter.
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Longwei Petroleum Investment Hold Ltd (AMEX: LPH) among the losers and the stock decreased 72.85% to $0.624 on a traded volume of 14.50 million shares. Last month, the Company has renewed its agreement with RedChip Companies Inc for investor relations services. Longwei Petroleum Investment Holding Ltd is an energy company engaged in the storage and distribution of finished petroleum products in the People's Republic of China.
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North American Palladium Ltd (USA) (AMEX: PAL) decreased 2.61% to $1.49 on a traded volume of 2.03 million shares. Previous month, the Company said that Mr. Jeffrey Swinoga has resigned as Vice President Finance and Chief Financial Officer, effective January 4, 2013, to pursue a Chief Financial Officer position at another public company.
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TransAtlantic Petroleum Ltd (ADR) (AMEX: TAT) jumped up 3.33% to $0.956 on a traded volume of 454k shares. The Company announced the Company's 2013 capital budget and production guidance, provides an operations update and announces enhancements to the Company's organizational structure. The Board of Directors has approved a capital expenditure budget for the twelve months ending December 31, 2013 of $131 million net to the Company. The Company expects production to total 1.8 million to 2.1 million barrels of oil equivalent or an average production rate of between 5,000 and 5,700 boe per day during 2013.
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