ParaFin Corporation (PINK:PFNO) reached up 50% in morning trading to $.0003 with 22M shares traded. ParaFin Corporation, a Development Stage company, has engaged in the acquisition and exploration of Oil and Gas properties since it was founded in Colorado in 1978. It is now a Nevada Corporation and has made quarterly or 10-QSB and annual or 10-KSB filings every year since 1979. ParaFin Corporation (Pink Sheets:PFNO) announced today that to finance acquisitions and hydrocarbon exploration in the U.S.A., representatives of ParaFin Corporation, have been actively negotiating with financial institutions to monetize the 800 Series FF ING BANK N.V. 5.5% June 16, 2010 EURO1,000,000 Bearer Bonds. The value of the 800 Series FF ING Bank N.V. Bearer Bonds owned by ParaFin is in excess of US$1.6 Billion. The first admission by ING Bank N.V. that ING Bank N.V. issued Series FF June 16, 2010 Bearer Bonds in June, 2000 was received in a letter from the attorneys for ING Bank N.V. to Attorneys for ParaFin.
Vimicro International Corporation (NasdaqGM: VIMC) reached up 34.12% in morning trading to $1.6899 with 500K shares traded. Vimicro International Corporation is a leading multimedia semiconductor and solution provider that designs, develops and markets mixed-signal semiconductor products and system-level solutions that enable multimedia capabilities in a variety of products for PC/Notebook, consumer electronics and surveillance markets. Vimicro is aggressively expanding business into the surveillance market with system-level solutions and semiconductor products to capitalize on China's domestic demand. Vimicro International Corporation (NasdaqGM: VIMC) today announced the signing of a strategic cooperative agreement (the "Agreement") with Tianjin Samsung Techwin Opto-Electronics Co., Ltd. outlining broad-based cooperation in the areas of technology, products, and business development. Tianjin Samsung Techwin Opto-Electronics Co., Ltd. ("Samsung") is a joint venture that was founded by Samsung Techwin Co., Ltd. and Tianjin Zhonghuan Electronic Information Group in 2008.
Sunpeaks Ventures, Inc. (OTCBB:SNPK) reached up 9.60% in morning trading to $.605 with 2.5M shares traded. Sunpeaks Ventures, Inc. and its wholly owned subsidiary Healthcare Distribution Specialists, LLC ("HDS"), is a nationally focused, value-added distributor of specialty drugs and over-the-counter ("OTC") branded multivitamins to the healthcare provider market. HDS also owns and markets Clotamin®, a specialized over-the-counter multivitamin product designed exclusively for use by patients also on Warfarin®, a popular blood thinner that has a long list of known adverse drug and food interactions. Sunpeaks Ventures, Inc. (SNPK.OB) and its wholly owned subsidiary Healthcare Distribution Specialists, LLC ("HDS") announced yesterday that HDS has entered into a binding letter of commitment (the "Agreement") with Dayton Professional Baseball, LLC ("DPB"), the owner of the Dayton Dragons professional baseball team.
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