9/24/09 9/25/2009 1:46:51 AM
News / Business

Penny stocks breaking out in the penny stock market

Penny Stocks Making 52 Week Highs In The Penny Stock Market

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Nutra Pharma Corp. (NPHC), a biotechnology company that is developing treatments for Adrenomyeloneuropathy (AMN), HIV and Multiple Sclerosis (MS), has announced today that it’s Chairman and CEO, Rik J Deitsch, has been interviewed for the Pharmaceutical Issue of The Wall Street Transcript. “With the impending launch of our first biopharmaceutical product, Cobroxin, and our transition from a research and development stage biotechnology company into a revenue-producing company, it is now more important than ever that we share our story with the investment community,” explained Mr. Deitsch. “As a highly-respected financial publication, The Wall Street Transcript provides the perfect outlet to communicate with retail and institutional investors,” he added. In the last trading session, the stock closed at $0.68.  The company hit  $0.74 on above average trading volume.

 

San West, Inc. (HBSY) designs, manufacturers, sells and repairs off-road buggies -- announced today that it has signed a Letter of Intent with TrophyKart to be the exclusive distributor of TrophyKart products for San Diego County. TrophyKart, best known for its involvement in Dirt Alliance, is the pioneer of, and dominant player in the trophy kart racing circuit. A division created by TrophyKart racing TrophyKart products. Under the terms of the agreement, which is estimated to bring between $150,000 and $250,000 in revenue to Buggy World, company dealerships will offer full sales, parts and service on the trophy karts as Buggy World locations are BAR "Bureau of Automotive Repair" approved to service the TrophyKart products. Buggy World will also identify itself as an authorized dealer of TrophyKart products in advertising and promotions.  Bryan Britton, Vice President of San West, Inc. and General Manager of Buggy World, states, "This represents a new opportunity for Buggy World. While we have great success focusing on serving recreational off road enthusiasts, this is a way for us to enter the competitive racing arena. With our top-notch repair shop and reputation for customization, the professional circuit is a perfect fit for us." In the prior trading session, the stock closed at $0.80. The company traded as high as $0.86 and is currently holding onto gains.

 


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