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PENNY STOCKS IN PLAY (US)
4:07 PM EST - : Liberty Star Uranium & Metals Corp.: announced that on August 26, Platinum Long Term Growth VI LLC and Alpha Capital Anstalt, two former lenders of the Company (the “Plaintiffs”), filed lawsuit in the United States District Court, Southern District of New York, against the Company and James Briscoe, (President and CEO). The Plaintiffs are seeking to require the Company to honor outstanding warrants held by the Plaintiffs at an exercise price of $0.002 (two 10ths of one cent) per share and to issue to the Plaintiffs ten times the number of warrants that the Company has on record, or in the alternative money damages. The claim is based on a provision in the warrant agreements that would permit a “ratchet down” of price and a multiplication of number of warrants in the event of certain share issuances by Liberty Star Uranium & Metals Corp.
Companies mentioned in this penny stock in play include:Liberty Star Uranium & Metals Corp. (LBSR) is trading down $0.091 at $0.084.
4:06 PM EST - : EGPI Firecreek, Inc.: and Terra Telecom, LLC, are pleased to announce plans for continued expansion in the utilities industry. Terra Telecom, a premier Alcatel-Lucent partner, is a leading provider of state-of-the-art communication technologies. Over the years, they have serviced several significant utility companies with a broad range of customized services. Because of their success within this industry, several key opportunities have allowed them the ability to meet and exceed expectations. Because of this, additional opportunities have now made themselves available which will ultimately allow the company to show exponential growth within this specific key market. EGPI Firecreek has signed a binding Letter of Intent to acquire Terra Telecom, LLC. Terms have already been set and agreed to by both parties. Both companies are currently working diligently through their due diligence process in order to finalize the acquisition by September 30.
Companies mentioned in this penny stock in play include:EGPI Firecreek, Inc. (EFIR) is trading up $0.0004 at $0.0015.
11:37 AM EST - : China Crescent Enterprises, Inc.: and NewMarket Technology, Inc. today announced the companies will release a Webcast later today reviewing management's trade mission to India this week to evaluate local systems integration acquisition candidates. Earlier this year, NewMarket announced plans to expand its systems integration operations into India as part of a strategic plan to expand the Company's annual revenue base to augment its 2010 annual forecast of $150 million and improve net income.
Companies mentioned in this penny stock in play include:China Crescent Enterprises, Inc. (CCTR) is trading down $0.0004 at $0.0057. NewMarket Technology, Inc. (NWMT) is trading down $0.0001 at $0.0008.
11:35 AM EST - : IceWEB, Inc.: announced today that IceWEB Channel Partner (ICP), VideoBank, has secured a contract with the Federal Government. The initial installation is scheduled to be deployed in the current fiscal quarter. For more than a decade, VideoBank has revolutionized the ways in which educational institutions, medical facilities, government organizations, entertainment companies and the U.S. military have archived, managed, and distributed their products and services worldwide.
Companies mentioned in this penny stock in play include:IceWEB, Inc. (IWEB) is trading up $0.0039 at $0.1889.
YESTERDAYS PENNY STOCKS IN PLAY
5:29 PM EST - : MagneGas Corp. : announced that it has shipped the China Refinery to purchaser DDI, satisfying all terms of the sale. The Company has accordingly now received the final payment of $855,000, pursuant to the agreement entered into on January 29, 2010.
Companies mentioned in this penny stock in play include:MagneGas Corp. (MNGA) is trading down $0.0179 at $0.112.
5:27 PM EST - : Car Charging Group, Inc. : announced a strategic partnership to incorporate electric vehicle (EV) charging stations into both existing projects as well as future design offerings of Kobi Karp Architecture & Interior Design (KKAID). Kobi Karp is a Miami architect who is the principal and founder of Kobi Karp Architecture & Interior Design, Inc. (KKAID), linked to the design of large-scale, high-rise condominium and hospitality projects to intimate, small-scale low-rise residential and commercial structures. International since 1988, KKAID expanded their architectural and interior design services to new luxury clients, with some recent project locations include; Abu Dhabi, Dubai, Sochi, Cancun, Romania, Grenada, Russia, Mexico and Asia.
Companies mentioned in this penny stock in play include:Car Charging Group, Inc. (CCGI) is trading even at $0.95.
11:37 AM EST - : Cord Blood America, Inc.: announced today that placenta collection services in the third quarter of 2010 for a well-respected, accredited, tissue bank have increased by 40% so far compared to the second quarter of 2010, to a total of more than $35,000 in revenues through July and August 2010. Finally, Cord Blood America's co-founder said the projected date for the closing of the purchase of BioCells, Inc., headquartered in Argentina, with affiliates under development through South America, is now mid-September. BioCells, one of the largest stem cell companies in South America, is profitable with revenues expected to top $1.2 million U.S. in 2010.
Companies mentioned in this penny stock in play include:Cord Blood America, Inc. (CBAI) is trading even at $0.0048.
11:36 AM EST - : InoLife Technologies, Inc.: announced today it will provide and market a proprietary metabolizing test to physicians and practitioners to identify how a patient's genetic makeup may affect the body's response to Plavix (colpidogrel). The test will only be made available to physicians. The Food and Drug Administration recently announced that Plavix must now carry a so-called "black box" warning label after a landmark study revealed that patients who were "non-responders" as a result of a genetic variation were "3.58 times more likely to have a fatal stroke or myocardial infarction."
Companies mentioned in this penny stock in play include:InoLife Technologies, Inc. (INOL) is trading up $0.0523 at $0.055.
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