Shares of Gear International Inc. (PINK: GEAR), a company strategically focused on gold and silver mining, providing financing for gold and silver mining projects, and precious metals processing and refining, rose in Friday’s trading session.
The penny stock of GEAR ended the day 0.87% higher at $0.232, with volume up from daily average of 523,540 to 5.94 million. The stock gained 10.48% in the last three trading sessions.
Gear International last week announced the immediate acquisition of two senior advisors that will join the company’s executive team. The company said that it finalized agreements with Felix Abangin, who is the minister of environment and natural resources in the Philippines, and Jamal Lucas, an emerging market resource development specialist with expertise in global finance.
Shares of LuxeYard Inc. (PINK: LUXR), a members-only flash sale site for luxury home furnishings, décor and fashion, rose sharply in Thursday’s trading session.
The penny stock of LUXR ended the day 9.24% higher at $1.30, with volume at 1.43 million. Despite the gains on Thursday, the stock fell 23.21% in the last three trading sessions.
LuxeYard this week announced that it expanded into the men’s apparel sector. LUXR said that its trendsetting, members-only Web site will feature 10 to 15 designer labels, as well as popular up-and-coming brands at discount of up to 70% off retail on a range of apparel and accessories.
Daniella Clarke, style consultant at LuxeYard, said that the establishment of men’s apparel and accessories on LUXR is an exciting progression for LUXR.
Shares of Sunpeaks Ventures Inc. (OTC: SNPK), a value-added distributor of hard-to-find and specialty drugs to the healthcare provider market, continued to slide in Wednesday’s trading session.
The penny stock of SNPK ended the day 20.91% lower at $0.0870, with volume at 22.79 million. The stock has fallen more than 48% in the last three trading sessions. In the last one month, SNPK shares dropped more than 95%.
Sunpeaks Ventures this month filed a defamation lawsuit against Deal Flow Media Inc., Thomas Siudak, Red Carpet Books Inc. and Bill Martlink alleging that they engaged in a systematic series of false, defamatory and malicious statements as part of a conspiracy in an attempt to cause harm to the company.
Shares of Summer Infant Inc. (NASDAQ: SUMR), a designer, marketer and distributor of juvenile health safety and wellness products, are falling in Wednesday’s trading session. At last check, the stock is 6.09% lower at $3.01. The small-cap stock of SUMR ended Tuesday 33.47% lower at $3.20.
SUMR shares fell Tuesday after the company released its first-quarter financial results. SUMR reported first-quarter net revenue of $63 million, representing an increase of 7.8% over the same period in the previous year.
Gross profit for the first quarter rose 7.1% on a year-over-year basis to $21.1 million. The company’s gross margin for the quarter was 33.5%, down from 33.7% reported for the same period last year. SUMR reported net income of $1.3 million, or $0.07 per share for the first quarter, compared with $1.2 million, or $0.07 per share reported for the same period in the previous year.
Shares of Summer Infant Inc. (NASDAQ: SUMR), a designer, marketer and distributor of juvenile health, safety and wellness products, are sinking in today’s trading.
At last check, the small-cap stock of SUMR was trading 25.36% lower at $3.59, with volume up from daily average of 45,768 to 1.04 million.
Summer Infant shares are falling after the company reported its first-quarter financial results. For the first quarter ended March 31, 2012, SUMR reported net revenue of $63 million, representing an increase of 7.8% over the same period in the previous year. The year-over-year increase in revenue was driven by the addition of Born Free, which SUMR acquired on March 24, 2011.
Net income for the first quarter of 2012 was $1.3 million, or $0.07 per share, compared with $1.2 million, or $0.07 per share reported for the same period in the previous year.
Shares of LuxeYard Inc. (PINK: LUXR), a members-only flash sale site for luxury home furnishings, décor and fashion, plunged in Monday’s trading session.
The penny stock of LUXR ended the day 9.19% lower at $1.68, with volume up from daily average of 1.51 million to 2.13 million.
LuxeYard recently announced the acquisition of leather furnishings specialty site, LeatherGroups.com.
LeatherGroups.com is the online division of Solana Beach, California-based furniture retailer homeLOFT. The transaction was led by LUXR’s CEO Braden Richter. The transaction coincided with the creation of an acquisitions team at LUXR. The acquisitions team will be based in LUXR’s New York Office.
Commenting on the acquisition, Tony Winders, executive vice president of Revenue at LuxeYard, said that LeatherGroups is the perfect complement to LUXR’s core home furnishings flash sale business and shows the company’s ability to make strategic acquisitions necessary to achieve its long-term objectives.
Shares of DoMark International Inc. (OTC: DOMK) fell sharply in Friday’s trading session. The penny stock of DOMK ended the day 8.28% lower at $2.66, with volume at 650,170. The stock has fallen 38.14% in the last three trading sessions.
DoMark International this month announced that its CEO Michael Franklin returned from China after successfully overseeing production details of the new Solapad product. Franklin also made arrangements for capitalizing on Solapad’s surprising demand.
Solapad is an ever-charging solar and battery system for all versions of the iPad. The product is expected to arrive in the hands of U.S. consumers in a few weeks.
Shares of LuxeYard Inc. (PINK: LUXR), a members-only flash sale site for luxury home furnishings, décor and fashion, are soaring in today’s trading.
At last check, the penny stock of LUXR was trading 9.24% higher at $2.01, with volume at 828,238. Despite today’s gains, the stock is down more than 6% in the last three trading sessions.
LuxeYard this week announced the acquisition of leather furnishings specialty site, LeatherGroups.com.
LeatherGroups.com is the online division of Solana Beach, California-based furniture retailer homeLOFT. Tony Winders, executive vice president of Revenue at LuxeYard, said that LeatherGroups is the perfect complement to LUXR’s core home furnishings flash sale business and demonstrates the company’s ability to make the strategic acquisitions necessary to achieve its long-term objectives.
Shares of Oryon Holdings Inc. (PINK: ORYN) are sharply up in Wednesday’s trading session. At last check, the penny stock of ORYN is 7.29% higher at $1.04. The stock ended Tuesday’s session 7.87% higher at $0.960. In the last three trading sessions, the stock gained more than 21%.
ORYN shares have been gaining momentum despite there being no recent news or development related to the company. The gains could be due to some stock promotion activity.
Oryon Holdings is a pre-exploration stage company engaged in the acquisition, exploration and development of mineral properties for gold.
Shares of Sunpeaks Ventures Inc. (OTC: SNPK), a value-added distributor of hard-to-find and specialty drugs to the healthcare provider market, plunged in Monday’s trading session.
The penny stock of SNPK ended the day 24.50% lower at $0.190, with volume at 17.92 million. The stock has fallen 46.47% in the last three trading sessions.
Sunpeaks Ventures recently announced that its wholly owned subsidiary Healthcare Distribution Specialists LLC (HDS) entered into an advertising agreement with Pulse Advertising LLC for the marketing of Clotamin in Washington D.C.
Mackie A. Barch, CEO of Sunpeaks Ventures, said that Washington D.C. is another key metropolitan area for potential Clotamin sales and the agreement with Pulse was designed to quickly enter this market by leveraging the promotional strengths of the all-news radio format with the persuasive reach of the Internet.
Shares of Cannabis Science Inc. (OTC: CBIS), a medical marijuana company, fell sharply in Friday’s trading session. The penny stock of CBIS ended the day 9.55% lower at $0.0805, with volume at 4.83 million. The stock is down more than 17% in the last three trading sessions.
Cannabis Science on Friday announced that the company supports House Minority Leader Nancy Pelosi’s statement to President Obama.
In her statement, Pelosi said that access to medical marijuana for individuals who are ill or enduring difficult and painful therapies is both a medical and a states’ rights issue.
Dr. Robert Melamede, CEO of Cannabis Science, said that it is about time members of Congress spoke out in favor of democracy and he expects to continue to see more and more politicians come out in favor of the medical cannabis industry.
Shares of LifeVantage Corp. (OTC: LFVN), a dietary supplement company engaged in the marketing and sale of products through network marketing, or multi-level marketing industry, are down in today’s trading.
At last check, the penny stock of LFVN was trading 2.62% lower at $3.35, with volume at 225,035.
LifeVantage on Thursday announced that it will release its first-quarter financial results after market close on Tuesday, May 15, 2012.
Earlier this week, the company said that it welcomed record numbers of independent distributors to Anaheim, California for its annual Global Convention 2012, which was held between April 26 and April 28. The company announced new market of Australia at the convention.
Shares of Liquidmetal Technologies Inc. (OTC: LQMT), a developer, manufacturer and marketer of products made from amorphous alloys, tumbled in Wednesday’s trading session.
The penny stock of LQMT ended the day 23.01% lower at $0.455, with volume up from daily average of 5.95 million to 14.51 million. Despite the drop on Wednesday, the stock is up 21.33% in the last three trading sessions.
According to a filing made by Liquidmetal recently, the company issued a bridge promissory note to Visser Production Cast LLC in the aggregate principal amount of $300,000. The note is unsecured and is due and payable on demand within three days after the company receives notice of payment from Visser.
Shares of Stevia First Corp. (OTC: STVF), a company seeking to establish a vertically integrated stevia enterprise in the U.S., fell in Tuesday’s trading session.
The penny stock of STVF ended the day 2.81% lower at $0.864, with volume at 2.34 million.
Stevia First recently reported on the progress in the stevia market. The company said that the pace of new stevia product introductions is staggering, with over 500 new products introduced worldwide last year alone. Some of these products have been very successful.
With consumer awareness of stevia rising fast, STVF is looking to capitalize on this trend. In the last two months, the company has leased 1,000 acres of land for a base of operations that includes unique zoning for food processing and other industrial uses, and a build-out for its current headquarters. STVF has also initiated stevia germination trials and vegetative propagation.
The stock of IC Places Inc. (PINK: ICPA), gained by more than 35% on Monday’s trading session. During Monday’s trading session, the stock reached as high as $0.04 and closed out the day at $0.0358 with a huge gain of 35% from its previous day’s close. However, the stock lost 3% in the after trading hours.
The company stock price gained 300% in the past two week with the stock price ranges between $0.04 and $0.01. The stock is gaining steadily in the last ten trading sessions. The company reported loss of $999,000 and $31,000 revenue for the fiscal year ended December 31, 2011. In its annual report, the company mentioned that cash in the bank at December 31, 2011 was $232,000. With market capitalization of $12.78 million, ICPA shares have traded as high as $.29 over the past 52 weeks, which is 87.93% off that high at last traded stock price.
IC Places Inc, a Multi Media Entertainment Company, is engaged in business of producing video programs which are watched by millions of people every month on several different platforms.
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InvestorSoup.com is committed to provide intelligent commentary and solid analysis of small cap stocks, micro-cap stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily on the underserved OTC stocks market, or “penny stock” market, which has traditionally been shunned by Wall Street. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.
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DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BlueWave Advisors has been compensated thirty thousand dollars from Flip Ventures (a non-controlling third party shareholder) for ICPA advertising and promotion.
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Shares of Demand Media Inc. (NYSE: DMD), a company focused Internet-based model for the professional creation of content at scale, are seeing a huge rally in Monday’s trading.
At last check, the small-cap stock of DMD was trading 16.97% higher at $8.48, with volume up from daily average of 139,304 to 2.26 million.
Demand Media shares are soaring in today’s trading after a report said that the company pulled out of a deal to go private. According to a report by AllThingsD tech blog, DMD was in discussions with Thomas H. Lee Partners, a private equity firm, to go private in a transaction valued at $1.2 billion.
However, Demand Media pulled out of the deal for various reasons.
About InvestorSoup
InvestorSoup.com is committed to provide intelligent commentary and solid analysis of small cap stocks, micro-cap stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily on the underserved OTC stocks market, or “penny stock” market, which has traditionally been shunned by Wall Street. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.
Disclaimer
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication.
The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. BeaconEquity.com is a wholly owned subsidiary of BlueWave Advisors, LLC.
Shares of Stevia First Corp. (OTC: STVF), a company seeking to establish vertically integrated stevia enterprise in the U.S., plunged in Thursday’s trading session.
The penny stock of STVF ended the day 24.36% lower at $0.832, with volume up from daily average of 2.30 million to 2.96 million. The stock is down more than 44% in the last three trading sessions.
Stevia First announced this week that it secured a lease for its first major land position towards the development of a 1,000 acre base of commercial stevia operations.
STVF said that newly leased lands will become part of its operations over the coming months. A significant portion of the 1,000 acre property appears to offer conditions suitable for stevia planting after completion of typical ground preparatory efforts and fertilization.
Shares of Stevia First Corp. (OTC: STVF), an early-stage agribusiness based focused on industrial scale production of stevia, are sinking in today’s trading.
At last check, the penny stock of STVF was trading 25.45% lower at $0.820, with volume at 1.91 million. The stock is down more than 42% in the last three trading sessions.
STVF shares are sinking today even as the company announced on Wednesday that it secured a lease for its first major land position towards the development of a 1,000 acre base of commercial stevia operations. The leased land will become part of STVF’s base of operations over the coming months.
Shares of PolyMedix Inc. (OTC: PYMX), a clinical-stage biotechnology company engaged in the development of first-in-class, small-molecule drugs for the treatment of serious acute care conditions, plunged in Tuesday’s trading session.
The penny stock of PYMX ended the day 20% lower at $0.680, with volume up from daily average of 366,450 to 2.15 million. The stock fell 37.61% in the last three trading sessions.
PolyMedix shares tumbled on Tuesday even as the company reported positive results from Phase II clinical trial with PMX-30063, first-in-class investigational antibiotic.
Daniel Jorgensen, MD, MPH, senior vice president of Clinical Development and chief medical officer at PolyMedix, said that he is very encouraged by the final results seen in PYMX’s first Phase II study and these results are particularly exciting as PMX-30063 is the first of a new class of antibiotics that imitates the body’s own immune system and its ability to fight off bacteria.
Shares of MusclePharm Corp. (OTC: MSLP), a developer, manufacturer and marketer of nutritional supplements for athletes, fell sharply in Monday’s trading session.
The penny stock of MSLP ended the day 7.95% lower at $0.0220, with volume up from daily average of 23.95 million to 149.77 million. Despite Monday’s losses, MSLP shares gained 31.74% in the last three trading sessions.
MusclePharm today announced that its board of directors approved a stock repurchase program of up to 100 million shares of MSLP common stock in open market operations.
John H. Buhler, COO and vice president of MusclePharm, said that the repurchase program reflects the board’s optimism and confidence in the future of MSLP and the belief that at current prices, MSLP shares represent an attractive long-term investment for the company and its shareholders.