RedChip Research Suspends Research Coverage on Longwei Petroleum

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ORLANDO, Fla., Jan. 3, 2013 (GLOBE NEWSWIRE) -- RedChip Research™, a division of RedChip Companies, Inc. ("RedChip"), today announced it has suspended research coverage on Longwei Petroleum Investment Holding Limited LPH ("Longwei").

RedChip ResearchTM has suspended the investment rating and price target on Longwei until further notice, and the previous investment rating and price target are no longer in effect for Longwei and should not be relied upon. RedChip is terminating its contract with Longwei.

About RedChip Companies, Inc.

RedChip Companies is an international, small-cap research and financial public relations firm headquartered in Orlando, Florida; with affiliate offices in Beijing, China; Paris, France; and Seoul, Korea. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research™, Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Small-Cap TV™, Shareholder Intelligence, Social Media and Blogging Services, Webcasts, and RedChip Radio™. To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/productsandservices.asp.

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CONTACT: RedChip Companies Inc. 1-800-REDCHIP (733-2447) research@redchip.com http://www.redchip.com

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Posted In: Press Releases

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