The Morning Wire

Welcome to the Morning Wire for Thursday, April 15th. I'm Amanda Powell. JayHawk Energy is looking to increase its oil output. It's getting ready to put two test wells into full production. JayHawk is just waiting to build the proper facilities needed in North Dakota. The company expects each well to give up 30 to 40 barrels of oil per day. JayHawk is on the bulletin boards as JYHW.OB. Holzer Holzer and Fistel is taking a closer look at Dragon Pharmaceuticals. HHF wants to see if Dragon complied with its fiduciary duties before accepting a proposed buyout from Chief Respect Limited. Another question being asked by HHF is if Dragon shareholders would be paid fairly for their shares. Dragon Pharmaceuticals is currently trading on the bulletin boards as DRUG.OB. China Networks International is turning over a new leaf. The television advertising operator just completed a $25.5 million debt restructuring. The debt holders agreed to accept 23 million common shares and 16 million preferred shares of China Networks to make up for the money. China Networks International trades on the Pink Sheets as CNWHF.PK. Intelspec International is selling out. The company has agreed to sell to Infrastructure Developments Corporation. More than 16 million outstanding shares of Intelspec's stock will be replaced by 14 million shares of IDV. Intelspec was a subsidiary of WWA Group until now. WWA Group trades on the bulletin boards as WWAG.OB. I'm Amanda Powell and that's the Morning Wire. We'll continue bringing you the latest small cap news all day long on PublicWire.com.