Top Penny Stock Gainers Today include GRNE, FEIM, VLYF

Active Penny Stocks in the News

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Green Endeavors, Ltd. (PINKSHEETS: GRNE) surges 18.75% in morning trading to $.095 with 1M shares traded. Green Endeavors, Ltd. (PINKSHEETS: GRNE), headquartered in Salt Lake City, Utah, is a holding company with operations in health & beauty. GRNE owns a majority interest in Landis Salons, Inc. hair salons built around the world-class AVEDA™ product line. Green Endeavors, Ltd. (PINKSHEETS: GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHDD), announced that its salon operations estimated net sales for the year ended December 31, 2009 were $2,044,351.

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Frequency Electronics, Inc. (Nasdaq: FEIM) reached up 11% in morning trading to $5.45 with 73K shares traded. Frequency Electronics, Inc. is a world leader in the design, development and manufacture of high precision timing, frequency control and synchronization products for space and terrestrial applications. Frequency Electronics, Inc. (Nasdaq: FEIM) reported net income for the third quarter of fiscal 2010, which ended January 31, 2010, of $2.0 million, or $0.25 per diluted share, compared to a net loss of $129,000, or ($0.02) per diluted share in the preceding quarter, and net income of $99,000, or $0.01 per diluted share, in the third quarter of fiscal 2009. Net income for the first nine months of fiscal 2010 was $2.6 million , or $0.31 per diluted share, compared to net loss of $1.6 million , or ($0.19) per diluted share, in the same period of fiscal 2009. The fiscal year 2010 periods include a tax benefit of $2.0 million as a result of a change in tax laws regarding the carryback of net operating losses and also include non-cash investment impairment charges to income of $350,000 for the quarter and $550,000 for the nine months ended January 31, 2010.

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Valley Forge Composite Technologies, Inc. (OTC Bulletin Board: VLYF) was up 10.08% in morning trading to $2.62  with 130K shares traded Valley Forge Composite Technologies, Inc., through its subsidiaries, engages in the development and commercialization of counter-terrorism products primarily in the United States. Valley Forge Composite Technologies, Inc. of Covington, KY (OTC Bulletin Board: VLYF.ob - News) and Caravan International Corporation of New York, NY, announce today that the Federation of Malaysia has included THOR LVX™ as a line item in the upcoming Five Year Acquisition Plan. THOR LVX will be used by the Royal Malaysian Customs Department to screen containers at selected major ports in Malaysia.

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