Head for the Lifeboats With These Sinking Small Cap Stocks? BISN & IALS

On Friday, small cap stocks Bison Petroleum Corp (OTCMKTS: BISN) and Interactive Leisure Systems Inc (OTCMKTS: IALS) sank 16.27% and 16%, respectively, and despite being the subject of recent paid promotions or investor relation campaigns. Of course, there is nothing wrong with a properly disclosed stock promotion or paid for investor relations campaigns, but investors and traders alike need to be careful about how they get into and exit such stocks before getting badly burned. With that in mind, here is a quick look at both small cap stocks to help you decide on an investment or trading strategy for this week:

Bison Petroleum Corp (OTCMKTS: BISN) Has Given Another Corporate Update

Small cap Bison Petroleum Corp is a publicly traded oil and gas exploration and development company based in Salt Lake City, Utah, and dedicated to the exploration and development of domestic Energy in the Bighorn Basin of Wyoming. On Friday, Bison Petroleum Corp sank 16.27% to $1.39 for a market cap of $65.35 million plus BISN is up 396.4% since last June according to Google Finance.

What's the Catch With Bison Petroleum Corp? According to various disclosures, a transaction of $6,500 has or will occur to mention Bison Petroleum Corp in various investment newsletters. Last Wednesday, Bison Petroleum Corp provided a corporate update which also included further details about its Independence Prospect plus the appointment of two seasoned advisors. Back in August, Bison Petroleum Corp had acquired a 100% Working Interest (WI) and 80% Net Revenue Interest (NRI) in the 840-acre Independence Prospect located in the "prolific" Bighorn Basin, Wyoming and the company is currently developing an exploration plan for these leases plus they have appointed a Vice-President of Explorations and a Senior Geological Advisor. Back in September, Bison Petroleum Corp also announced the appointment of a new CEO and the launch of its corporate website. A quick look at Bison Petroleum Corp's financials reveals no revenues; net losses of $340k (most recent reported quarter), $16k, $56k and $30k for the past four quarters; and $30k in cash to cover $36k in current liabilities at the end of last July.

Interactive Leisure Systems Inc (OTCMKTS: IALS) Announces Acquisitions

Small cap Interactive Leisure Systems is a technology company specializing in the global travel industry that intends to purchase an enterprise software platform for the marketing, sale and management of travel products. On Friday, Interactive Leisure Systems sank 16% to $0.021 for a market cap of $1.44 million plus IALS is up 10,400% over the past year and up 425% over the past five years according to Google Finance.

What's the Catch With Interactive Leisure Systems Inc? According to various disclosures, transactions of 5k and $10k have or will occur to mention Interactive Leisure Systems in various investment newsletters. However, Interactive Leisure Systems has largely been quiet since September when the company announced it had entered into a technology consulting and facilities management agreement with Advanced Global Ventures, Inc. (AGV). Interactive Leisure Systems also announced an agreement to acquire a suite of domain names for use in its affinity group, leisure travel business plus an agreement to acquire Travel Time Technologies, Inc. (TTT), a leader in the private label travel technology field, for an undisclosed sum. However, a quick look on both Google Finance and Yahoo! Finance reveal the latest financials date from the end of 2007 – meaning its investor beware.