Active Penny Stocks in the News
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ChinaTel Group, Inc. (OTC Bulletin Board: CHTL) surges 36.40% in morning trading to $1.63 with 6M shares traded. ChinaTel Group, Inc. (ChinaTel) (OTC Bulletin Board: CHTL), a leader in high speed wireless broadband and telecommunications infrastructure engineering and construction services, today announced it has signed and received the first combined installments of two stock purchase agreements calling for a total investment of $640 million into the company. The combined investment represents 48% of the total outstanding shares, valuing ChinaTel in excess of $1.33 billion.
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Bederra Corporation (PINKSHEETS: BEDA) reached up 16.67% in morning trading to $.0014 with 53M shares traded. Bederra Corporation provides multiple modality diagnostic medical imaging services to the greater Houston area and the world famous Texas Medical Center. Bederra Corporation (PINKSHEETS: BEDA) disclosed that the acquisition of Texas Mobile Health (TMH) is still on track and is expected to close by March 15th or sooner.
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CAPE Systems Group, Inc. (Plink Sheets: CYSG) was up 14.29% in morning trading to $.0008 with 164M shares traded on breaking news out today. CAPE Systems is an international provider of supply chain management technologies. CAPE Systems offers a comprehensive range of software systems and tools, from packaging and pallet optimization software, RFID asset tracking, to integrated warehouse and inventory management solutions, pick-to-light systems, and transportation management systems for enterprise wide and collaborative supply chain optimization. CAPE Systems Group, Inc. (Plink Sheets: CYSG) today announced that it has implemented a Transportation Management System (TMS) for Regis Corporation, the global leader in the hair care industry.
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