Many trading session begin where hot penny stocks have a huge day based on an $85 press release of a planned merger or a letter of intent signing. With this in mind, we at AimHighProfits thought it would be a good idea to cover the Companies we track that sent out press releases prior to the open of Tuesday, July 10, trading session to see how investors reacted to their news.
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Treaty Energy Corporation (TECO)
TECO stock opened at 0.0695 and rose as high as 0.0725, a maximum gain of 4.32%, after the growth-oriented international energy company announced a progress update on the San Juan #2 Well in Belize. The San Juan #2 well was cased and cemented in on Friday, July 6th. After allowing 24 hours cure time on the cement the well was checked for the cement bond and then the well was case-hole logged.
Preventia, Inc. (PVTA)
PVTA stock opened at 0.67 and rose as high as 0.73, a maximum gain of 8.96%, after the Company announced the launch of an operational unit subsidiary, Preventia Group Corporation, to create and distribute financial products. Preventia expects to immediately develop and market financial products for dematerialization reaching out to firms positioned to run their own electronic trading operations.
Telefix Communications (TLFX)
TLFX stock opened at 0.009, the high of the day, after announcing that the Company retained Cantando & Associates, LLC to leverage and maximize its certification as a Woman Owned Business supplier to Corporate Diversity Buyers. Cantando & Associates is a woman-owned company very experienced in navigating the necessities for certification, retention of that certification, and marketing to corporations seeking WBENC-certified businesses.
Stevia First Corp. (STVF)
STVF stock opened at 0.42 and rose as high as 0.44, a maximum gain of 4.76%, after the Company announced some recent news coverage in the influential California based agricultural weekly newspaper, Ag Alert. Ag Alert (www.agalert.com) is the weekly newspaper of the California Farm Bureau Federation, reaching Farm Bureau agricultural and collegiate members.
IZEA, Inc. (IZEA)
IZEA stock opened at 0.0634 and has risen so far to 0.08, a gain thus far of 26.18%, after announcing that Tom Geraghty has joined the organization as Senior Vice President of Products and Partnerships. In this role, Geraghty will lead IZEA’s product development, software engineering, and strategic partnerships organizations.
Green Energy Solution Industries, Inc. (GESI)
GESI stock opened at 0.021 and rose as high as 0.022, a maximum gain of 4.76%, after announcing that a major announcement of strategic progress for its business plan advancement will be made on StockTradersTalk.com Radio show scheduled for Thursday, July 12, 2012 at 8:00 p.m. EST. CEO Gordon MacKay stated that the announcement would be a major one announcing a large step forward in the Company’s business plan for the completion of the Alberta renewable energy project utilizing used waste rail ties for creation of energy.
Nova Mining Corp. (NVMN)
NVMN stock opened at $1.51 and has risen to as high as $1.71 so far, a gain of 13.25%, after stating that Nova Mining’s President, James Dilger, leaves for China tomorrow for the purpose of negotiating lithium pricing with multiple lithium-ion battery manufacturers there.
PositiveID Corporation (PSID)
PSID stock opened at 0.035, the high of the day, after announcing that it entered into an agreement with Simplex Healthcare, Inc., the parent company of the third largest mail order supplier of diabetic testing supplies, Diabetes Care Club, LLC, to provide PositiveID’s iglucose® System for diabetes management. Simplex will purchase iglucose units and will begin trialing the iglucose mobile health diabetes management solution among its members.
Neologic Animation Inc. (NANI)
NANI stock opened at 0.12 and rose as high as 0.14, a maximum gain of 16.67%, issued a statement and research documents supporting their plan to generate revenues from serving the enormous and continually expanding the market of the estimated 100 Million Chinese primary school students with their “Naniya World” education product
Organic Plant Health, Inc. (OPHI)
OPHI stock opened at 0.08 and traded just 700 shares today after announcing a new agreement with MSEP, LLC, a South Carolina based, high volume bottling and product packaging company. The Company expects to begin bottling of its new Eco-Cedar™ all-natural insect control product at the MSEP facilities by early August.
Nouveau Life Pharmaceuticals (NOUV)
NOUV stock opened at 0.008 rose to as high as 0.011, a maximum gain of 37.50%, after announcing the official launch of the Company’s Affiliate Sales Program as part of its larger strategic marketing plan.
Advaxis, Inc. (ADXS)
ADXS stock opened at 0.09 and rose to as high as 0.093, a maximum gain of 3.33%, after announcing that Thomas Moore, Chairman & CEO of Advaxis, will present at the 2012 Southern California Investment Forum that will take place July 10th&11th, 2012 in both San Francisco, California and Las Vegas, Nevada.
Implant Sciences Corporation (IMSC)
IMSC stock opened at 1.42 and rose to as high as 1.52, a maximum gain of 7.04%, after announcing that it became a member of the Airforwarders Association, an alliance of Indirect Air Carriers, Cargo Airlines, and affiliated businesses located throughout the global transportation community. The Association serves as the voice of the airforwarding industry, advocating for its members and providing information and education to the air and expedited freight forwarding industry.
Bullfrog Gold Corp. (BFGC)
BFGC stock opened at 0.60, the high of the day, after announcing that it acquired an option to purchase the Klondike Project located in the Alpha Mining District about 40 miles north of Eureka, Nevada. The initial property included 64 unpatented mining claims, to which Bullfrog recently staked an additional 100 claims.
Universal Bioenergy Inc. (UBRG)
UBRG stock opened at 0.0242 and rose ever so slightly to 0.0243, a maximum gain of 0.41%, after gloating about how the shares of its penny stock jumped 25.26% after trading 8,076,647 shares on Monday, July 9, 2012. The increase was attributed to the Company’s Monday announcement that its subsidiary, NDR Energy Group, sold over 1.86 billion cubic feet of natural gas, setting a new record for the month of July, that will generate millions in additional revenues.
Green Technology Solutions, Inc. (GTSO)
GTSO stock opened at $1.42, the high of the day, after commenting on their continued pursuit of promising new tungsten plays around the globe, rising demand for the super-hard metal coupled with dwindling supplies is keeping prices high. The British Geological Survey ranks tungsten among the scarcest elements on earth—rarer even than rare earths, which have seen an explosion in value in recent years.
Bottom Line: Tuesday morning’s round of penny stock press release bingo didn’t offer much to scream out about. It seems fitting how we mentioned yesterday that shorts could limit the gains PVTA stock would have as day 1 of the TBX promo offered less than 10% gains. Wedneday’s bingo round will commence as of midnight tonight so stay tuned for your number to be called.
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