Active Penny Stocks in the News
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Guangzhou Global Telecom Inc. (OTC Bulletin Board: GZGT) surges 88.24% in morning trading to $.016 with 3M shares traded. Guangzhou Global Telecom Inc. (OTC Bulletin Board: GZGT), a mobile phone handset, pre-paid calling card distributor and provider of value-added mobile services in China, reported a debt settlement agreement entered with Enable Growth Partners LP, Pierce Diversified Strategy Master Fund LLC, and Enable Opportunity Partners LP (collectively, the "Holders"), to settle certain convertible debentures and common stock purchase warrants pursuant to a transaction dated and amended on . Pursuant to the Settlement Agreement, all the warrants outstanding to the Holders and convertible debts which is approximately $2.9 million as of will be settled by a total payment of $1,300,000 to the Holders by the Company by no later than . In addition, the Holders have agreed to cancel all of the Company shares held by them at such time as the payment has been made. In other words, the Company may have $1.6 million net profit once $1.3 million settlement payment is made on time.
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Artfest International, Inc. (OTCBB: ARTS) reached up 38.49% in morning trading to $.0349 with 9M shares traded. Artfest International, Inc. (OTCBB: ARTS), a leading-edge sports, arts and memorabilia distribution company, announced today the launch of its revolutionary, proprietary direct sales network, ACG.
For detailed quote and full article CLICK HERE
Americas Energy Company (OTCBB: AENY) was up 16.12% in morning trading to $4.099 with 795k shares traded on breaking news out today. Americas Energy Company (OTCBB: AENY) is a consolidator of high quality energy properties, operating out of our main offices in
For detailed quote and full article CLICK HERE
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