Archive for March, 2010
Amerilithium went up again by 6,25% yesterday after the downtrend and closed at $1,12. The company has now paid to promoters to drive the stock price up, since the positive impact of several previous press releases about expected financing and new asset purchases cannot be seen anymore. On March 30, the company engaged in mineral exploration and mining, paid $10,000 to Small Cap Voice to promote their stock. The market reacted with a trading volume of $489,401.920 on the same day and the stock realized a daily high of $1,19 per share. Around ten days before that the OTC Bulletin...
Although CrowdGather Inc. has recently expanded its network of Internet communities, shortly after that the stock reached the absolute bottom for this year and closed at $1,04 on March 19. After the last filing with the SEC, investors seem to be concerned about ownership dilution and increasing net losses. On March 16 CrowdGather Inc. announced the acquisition of FreeForums.org, the largest Internet platform hosting free forum communities. The expanded forum network will reach a traffic of 80 Million monthly page viewers, an increase by over 500%. The deal worth $1,000,000 in combination of stock and cash, will according to CrowdGather’s...
SMC Recordings is heading towards the bottom again on March 26. After reaching this year’s top at $1,55 on March 24, SMC started falling down again progressively and lost remarkable 42,59% for only two trading days, inspite of improved investor relations and new star releases. At first sight it seems contrasting to the latest furor of SMC’s best selling artist Rakim, who had a major placement with his song “Euphoria” on Ultimate Fighting Championship Primetime episode 2 last Thursday. The closing price of $0,8899 on Friday is though probably much nearer to the fundamental value, considering that no actual official...
Two more following promotions for GEN2Media Corp., this time by Hot OTC’s and Stock Eggs seem to have had their effect on the company’s stock on March 25. GEN2Media paid $85,000 to each of the promoters to spread some good news about GEN2Media yesterday. As a result, a price jump by 17,65% followed and the stock closed at $0,400. The trading volume was also extraordinary high on that day, in fact a couple of times higher compared to the previous two days. According to the OTC Bulletin, the innovative video technology company focusing on video production and online video advertising...
Sunwin’s stock is about to reach its third subsequent peak since the middle of March 2010 and closed yesterday at $0,345, a relatively unusual increase by 7,81%. The company’s management has announced on March, 25 the official reception of “Letters of no Objection” from the FDA for 5 Sunwin stevia extract products, which are now considered safe for use in the USA. The news affects the future development of the second of the two business segments of Sunwin: the selling of the natural sweetener Stevioside. The FDA affirmation gives Sunwin now the chance to establish new competitive advantages through working...
Entest BioMedical Inc. is making significant progress in the research and treatment of Chronic Obstructive Pulmonary Decease (COPD), explaining the constant rise of its stock price which reached on March 24, 2010 its highest close since October 2009 with $1,90 and a daily high at $ 1,95. A day before, the company announced the filing of a patent application allowing the use of stem cell attracting molecules called chemokines in the treatment of COPD. Chemokines are naturally produced by the body and are essential for the healing process during tissue injuries. Entest’s new invention can enhance the efficiency of both...
On December 3, 2009, Genesis Electronics Group announced that it has licensed two patents from the Johns Hopkins University Applied Physics Laboratory. The introduced new technology allows using transferred solar energy for charging the batteries of mobile phones and other portable communication devices. Thus, Genesis Electronics continues offering innovative high-tech products for individuals and small businesses. In compliance with its corporate strategy to offer up-to-date technologies and to recognize the potential of new emerging markets, the company expanded its business activity already on May 22, 2008 through the merger with Genesis Electronics Inc. After the acquisition of Genesis Electronics Inc.,...