New York, NY, November 11, 2010 --(PR.com
)-- (Investrend Research Syndicate) -- Kipley J. Lytel, CFA, MBA, senior analyst with New York City-based Prime Equity Research has initiated coverage on Force Energy Corp. (OTCBB: FORC) with a 12-month stock target price and analyst’s rating, in a report dated November 8, 2010.
The full report includes important disclosures, disclaimers and analyst information. Investrend and Prime Equity Research both advise investors to exercise a reasonable degree of due diligence before trading in the equities of any public company, including carefully reading entire analyst reports and report disclosures, and then only in conjunction with advice from a registered financial advisor or broker. Investrend and Prime Equity Research both further advise that any analyst rating, recommendation, target valuation, price target or opinion should be considered merely a portion of an investor’s total investigative process. More about ratings and valuations is available via Investrend (at http://www.investrend.com/ratings).
A complimentary copy of the report, which includes important disclosures, disclaimers and analyst’s qualifications, is available for download via Investrend Syndications (at http://www.investrend.com/FORC-initial).
Additional recent reports from Prime Equity Research are available via the Investrend Research Syndicate (at http://www.investrend.com/synd0005).
Additional information about Force Energy is available via the company’s website (at http://www.forceenergycorp.com/).
About Force Energy Corp.
Force Energy Corporation (FORC) is a Lithium and Hydrocarbon Exploration and Development Company based in Denver, Colorado. According to the U.S Geological Survey, the three main global end-use markets for Lithium include ceramics and glass, batteries and lubricating greases. Batteries, especially rechargeable batteries, are the market for lithium compounds with the largest growth potential as major automobile companies continue to pursue the development of lithium batteries to power hybrid electric vehicles. Force Energy plans to explore and develop its Zoro 1 Lithium property which is located in the Snow Lake area of west-central Manitoba, Canada. Drilling indicated Lithium mineralization on our Zoro 1 property coupled with data from trenching indicate total undiluted tonnage given as 1,727,550 tons of the Lithium bearing mineral which assays at 0.945% Lithium Dioxide. Force Energy also maintains a 50% working interest in the Hayter Well, located in Alberta, Canada. Force Energy Corporation’s shares are publicly traded on the NASDAQ OTCBB under the ticker symbol FORC.
About Prime Equity Research
Prime Equity Research (http://primeequityresearch.com/) enables publicly traded companies unbiased, fee-based equity coverage by third party analyst coverage. Prime Equity Research reports and recommendations are used by both institutional and individual investors to obtain accurate, independently compiled securities data. In today’s environment, companies that do not provide enough profit potential (i.e. Investment banking commissions, fees, trading profits etc.) for brokerage based/investment banking platforms tend not to be followed. Prime Equity Research provides independent research for high quality, deserving public companies without the built in conflicts of interest that permeate the research community in this ever-changing regulatory climate.
About the Investrend Research Syndicate
The Investrend Research Syndicate (http://www.investrend.com/research/syndicate), a proprietary entity of Investrend Communications, Inc., distributes reports published by sources dedicated to unbiased, reliable analytics and complete transparency. The primary measure for determining those sources is the “Standards for Independent Research Providers” (http://www.investrend.com/FIRST/standards).
“Safe Harbor” Statement
This announcement may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Force Energy Corp. to differ materially from those implied or expressed by such forward-looking statements. Such factors include, among others, the risk factors included in reports filed with the SEC under the Exchange Act. This press release speaks as of the date first set forth above and Force Energy Corp. assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products and services, inability to deliver products and services when promised, inability of potential customers to pay for ordered products and services, and political and economic risks inherent in international trade.
Cautionary Note to U.S. Investors
The United States Securities and Exchange Commission permits resource companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We may use certain terms on this press release, such as those related to prospective resources, that the SEC's guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 10K. You can also obtain this form from the SEC by calling 1-800-SEC-0330. Additional information may be found at the SEC website.
The OTC Bulletin Board Exchange has neither approved nor accepts responsibility for the adequacy or accuracy of the above news release.
FTS Holdings, Inc. (a "third party"), has paid Investrend Communications, Inc. ("Investrend") US $8,800 to facilitate the initiation of independent equity analytics on Force Energy Corp., as well as to provide visibility for said equity analytics. Investrend has paid Prime Equity Research ("Prime Equity") US$ 7,040 to write and publish an initiating equity analytics report on Force Energy Corp., and Prime Equity paid any and all reporting analyst(s) full fees in advance of undertaking said analytics. No promise of favourable point of view or opinion was or has been made by Investrend, Prime Equity Research or the analyst(s) writing for Prime Equity, to the subject company. Further, it is Investrend’s and Prime Equity’s policy that neither firm nor its principals, nor the assigned analyst(s) own or trade shares of any subject companies or subject companies' "competitors".
Force Energy Corp. (FORC)
1400 16th Street
16 Market Square
Denver, CO 80202 USA
Direct Ph: (+1) 720-470-1414
Toll Free: (+1) 877-436-8128
Prime Equity Research
110 Wall Street, 11th Floor
New York, NY 10005
Phone: (+1) 917-513 4601
(Source: Force Energy Corp.)