NHCT.OB -- National Healthcare Tech

[Livana]

The stock has gone up x10 in the past 3 days on very high volume.
No particular news. Should this one be on our watch list?

Profile
National Healthcare Technology, Inc., a development stage company, engages in the exploration, production, and mineral lease purchase of oil and gas properties on the gulf coast. It has leasehold rights to drill and exploit 160 acres of certain underlying oil and gas reserves located in the County of Custer, Oklahoma. The company is based in San Diego, California.

Day's Range:     0.14 - 0.35
52wk Range:     0.03 - 5.50
Volume:               1,061,901
Avg Vol (3m):     62,821.7
Market Cap:    14.18M

[Livana]

Press Release

Source: National Healthcare Technology Inc.

Brighton Oil Announces Substantial Results
Monday March 19, 8:44 pm ET

LOS ANGELES, CA--(MARKET WIRE)--Mar 19, 2007 -- National Healthcare Technology Inc. (OTC BB:NHCT.OB - News), d/b/a Brighton Oil, announced today that it has completed several major changes to the company.

The company has received final approval from the majority shareholders to change the name from National Healthcare Technology Inc. to Brighton Oil Inc. These actions will be formally approved at the shareholders' meeting to be held within the next several weeks.

The company has announced the appointment of Sam Plunkett as the new president of the company. Sam Plunkett has extensive experience in oil and gas development, as well as securities and law. Mr. Plunkett is a licensed attorney in the state of California, and brings an enormous amount of skill and knowledge to the company. Mr. Plunkett's background will allow the company to quickly execute its acquisitions, agreements and contracts.

The company also has announced the closing of the purchase of an oil and gas drilling rig, which will be used for the drilling of the wells which the company will be developing. That rig is being mobilized to start drilling on several of the lease locations which the company owns in the next few weeks.

The company also has announced the closing of several purchases of oil and gas leases, and the execution of several additional leases which will be closing in the next week. The company is now positioned to grow substantially.

In addition, the company is set to relocate its main office to Dallas by the end of April. This will allow the company to hire highly trained and experienced oil and gas personnel and have a geographic central base in which to operate its projects. The company will maintain field offices in Kansas, California, and Oklahoma.

Mr. Plunkett has stated, "The company can now focus on its growth, improving shareholder value and directing the company to expand upon the oil and gas opportunities which exist. It is my expectation that the share price of the company should dramatically improve over a very short period of time."

[gmarc66]

Livana, this was a beautfiul move up and i also had watched it while it did that previous multi day run. I kept it on my watchlist and waited to see if it would cross its gspot of .40..which it did on friday.   It had a nice move and watching to see if it continues higher next week.  I wanted to post the chart on friday but was having pc problems. Anyway, gspot was .39.


GL

Julia