Dallas 10/16/2012 10:31:44 PM
News / Finance

GETH, INVE, ECPN included in our Midday Stock Report

PennyTrader.com Presents Today’s Midday Stock Report: GETH, INVE, ECPN

Green EnviroTech Holdings Corp. (PINKSHEETS: GETH) reached up 36.11% in morning trading to $.0049 with 8M shares traded. Green EnviroTech is a converter of waste plastic and rubber destine to landfills into a quality Oil that will be utilized by the oil refineries to create a variety of products. The Company was established in 2008 by Gary De Laurentiis and is headquartered in California. Plans are in place to open the first plastic and rubber conversion plant in western US. The Company has created a subsidiary: Green EnviroTech Wisconsin, LLC, (“GETH WISC”) in anticipation of opening a plant that will convert plastic and rubber from shredder residue into crude oil in Wisconsin. Green EnviroTech Holdings Corp. (PINKSHEETS: GETH) announced today that the tire and plastic to oil samples that were approved in May 2012 precipitated the pricing at the "Brent Crude" spot price. One oil company stated that lab result qualities of all GETH's oil samples were well within their specifications for their refinery.

Identive Group, Inc. (Nasdaq:INVE) reached up 26.67% in morning trading to $1.33 with 2M shares traded. Identive Group, Inc. is focused on building the world's signature company in Secure ID. The company's products, software, systems and services address the markets for identity management, physical and logical access control, cashless payment, NFC solutions and a host of RFID-enabled applications for customers in the government, enterprise, consumer, education and healthcare sectors. Identive's mission is to build a lasting business of scale and technology based on a combination of strong technology-driven organic growth and disciplined acquisitive expansion. The company delivers up-to-date information on its activity as well as industry trends through its industry-leading social media initiatives and educational resource, AskIdentive.com. Identive Group, Inc. (Nasdaq:INVE) (Frankfurt:INV) today announced a new smart card reader for Apple mobile devices that allows iPad®, iPhone® and iMac® users to authenticate themselves to secure networks, websites and payment systems using their smart chip-based IDs or credit cards. The initial version of the reader is targeted at the U.S. government and worldwide enterprise markets.

El Capitan Precious Metals, Inc. (OTCBB: ECPN) reached up 18.84% in morning trading to $.41 with 250K shares traded. El Capitan Precious Metals, Inc. is an exploration stage precious minerals company based in Scottsdale, Arizona that is principally engaged in the exploration of precious metals and other minerals. The Company’s primary asset is its wholly owned subsidiary El Capitan, Ltd., an Arizona corporation, which holds the 100% equity interest in the El Capitan property located near Capitan, New Mexico. El Capitan Precious Metals, Inc. (OTC/BB: ECPN) announced today that the Company has completed a series of tests in Houston, Texas on ultra-concentrated ore procured from 180 tons of material previously concentrated at the El Capitan property, These tests range from 1 pound to 700 pounds of head ore and concentrates.

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