Dallas, TX 7/17/2009 9:25:00 PM
News / Business

Sars Corporation (OTC:SARO) is the Highest Volume Gainers Among OTC Stocks During Morning Trading Hours

Spongetech Delivery Systems, Inc. (OTC:SPNG) and Wellstar International, Inc. (OTC:WLSI) Round Out Top Three Percentage Gainers During Morning Trading Hours

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Spongetech Delivery Systems, Inc. (OTC:SPNG) is the top percentage gainer on huge volume. In an early session, it surged 8% at $0.102 on over 7 million shares. Today, July 17,  SpongeTech® Delivery Systems, Inc.  , America’s Cleaning Company announced that the Company has received its initial purchase order for its products from Wakefern Food Corp. (“Wakefern”), the merchandising and distribution arm for ShopRite. The products will be made available in select northeast ShopRite locations in particularly high volume areas. The Company will focus on penetrating other large national supermarket chains to help diversify revenues most effectively

 

Sars Corporation (OTC:SARO)  is moving up on very high volume. It surged 25% at $0.0005 and traded 8 million shares. Today, July 17, SARS announces the closing of a merger between the Company's U.S.-based monitoring and management services business and an Illinois-based conglomerate specializing in mechanical and electrical construction, energy infrastructure, facility installation, service and design (announced June 3, 2009). The companies acquired include Environmental Insulation, Inc., ESDD, LLC, Alternatech, Inc., Swank Enterprises, Inc. d/b/a Art & Print, Inc., Associated Mechanical, Inc. and R.J. Power Plumbing & Heating Company (collectively referred as "Associated Mechanical") through a merger between each of the individual entities and FasTech Services, Inc. ("FasTech Services"), a newly formed, wholly owned subsidiary of SARS. SARS and Associated Mechanical amended the original merger agreement to extend the closing date to July 8, 2009 and adjusted the contemplated share distribution of SARS' common stock to Associated Mechanical to 60%.

 

Wellstar International, Inc. (OTC:WLSI) surged 15% at $0.0003 on 3 million shares in the early morning trade Wellstar International, Inc. (Wellstar), incorporated on December 5, 1997, through its wholly owned subsidiary, Trillennium Medical Imaging, Inc. (TMI), is engaged in developing and licensing the use of advanced thermal imaging technology. The TMI Infrared Technology and software is approved by the United States Food and Drug Administration (FDA) as an Adjunctive Diagnostic screening procedure for early breast cancer detection, differential diagnosis of pain dysfunctions, (such as Reflex Sympathetic Dystrophy, Neuromuscular Skeletal Syndromes and Neurological disorders), detection of pressure ulcers, deep tissue injuries, and bed sores, as well as orthopedic applications.

 

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