Warfare Watch For March 4; HDY, BQI, USAT

Hyperdynamics Corporation ( AMEX:HDY ) recently announced that its well
management company, AGR Petroleum Services issued an invitation to tender to
drilling companies as part of its exploration program offshore in the Republic
of Guinea.  The tender covers the drilling of two wells plus an optional third
well as agreed in the work program and budget between Hyperdynamics and Dana
Petroleum last year. Dana holds a 23% interest in the project with Hyperdynamics
holding the remaining 77% as operator. Hyperdynamics Corporation stock is
currently trading at $6.01. The stock is up 11.48% from its previous close.
Hyperdynamics Corporation shares touched the high of $6.10 and lowest price in
today's session is $5.44. The company stock's beta is 2.54. The company
stock traded in the range of $0.90 and $7.78 during the past 52 weeks. The
company's market cap is $756.20 million. Oilsands Quest Inc. ( AMEX:BQI )
recently responded to the class action complaint filed in the U.S. District
Court for the Southern District of New York. The company is alleged of an
overstatement of the accounting value of the companys assets during a three-year
period between 2006 and 2009. The trading price of the companys securities was
artificially inflated during that period, to the detriment of shareholders. The
company management believes that the complaint is without merit and it intends
to defend this lawsuit vigorously. Oilsands Quest stock is currently trading at
$0.584. The stock is up 7.12% from its previous close. Oilsands Quest shares
touched the high of $0.58 and lowest price in today's session is $0.55. The
company stock's beta is 0.92. The company stock traded in the range of $0.36
and $0.99 during the past 52 weeks. The company's market cap is $196.70
million. USA Technologies Inc. ( NASDAQ:USAT ) posted record quarterly revenues
and gross profit, as well as positive EBITDA for the second quarter, as its
products continue to gain market acceptance. The company reported second quarter
revenues increased 60% to $6.0 million as compared to $3.8 million in the second
quarter of the prior year, while revenue from recurring license and transaction
fees increased 81% to $3.8 million compared to $2.1 million for the quarter a
year ago. The gross profit for the quarter was $2.5 million, or 41% of revenue,
and was up 146% as compared to $1.0 million, or 27% of revenue, in last year's
fiscal second quarter. USA Technologies stock is currently trading at $2.51. USA
Technologies shares touched the high of $2.75 and lowest price in today's
session is $2.36. The company stock traded in the range of $0.46 and $2.75
during the past 52 weeks. The company's market cap is $65.55 million.