Active Penny Stocks in the News
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Med Gen Inc. (Pink Sheets: MDIN) surges 33.33% in morning trading to $.0008 with 100M shares traded. Med Gen, Inc. engages in the manufacture, sale, and licensing of healthcare products, primarily to the alternative therapies market. The company primarily offers SNORenz, a throat spray, which reduces or eliminates the sounds associated with snoring. Med Gen Inc. (Pink Sheets: MDIN. pk - News) announced today that its wholly owned subsidiary, NorthStar Business and Property Brokers, Inc., has signed a Multi-Million dollar listing agreement to intermediate the sale of several agricultural properties located in Colombia plus Central American countries. The properties consist of over thirty coffee producing plantations, several fruit bearing farms and even a small island.
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Superlattice Power, Inc. (OTC Bulletin Board: SLPO) reached up 27.94% in morning trading to $.0435 with 36M shares traded. Superlattice Power, Inc. (OTCBB: SLPO) (http://app.streamsend.com/c/?redirect_to=http%3A%2F%2Fwww.superlatticepower.com), emerging leader in the development and marketing of next generation lithium-powered batteries worldwide, proudly announces due to availability of new Cathode material the development of the fast charge, 80% state of charge (SOC) battery pack in less than 30 minutes shows promising results.
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Comstock Homebuilding Companies, Inc. (NASDAQ: CHCI) was up 22.50% in morning trading to $.98 with 1M shares traded. Comstock Homebuilding Companies, Inc. is a diversified real estate development firm with a focus on moderately priced for-sale and rental residential products. Comstock Homebuilding Companies, Inc. (NASDAQ: CHCI) ("Comstock" or the "Company") today released audited financial results for fiscal 2009 in which the Company's independent auditors have removed the explanatory paragraph with respect to the Company's ability to continue as a going concern from their audit opinion. The Company also announced net income for its fourth quarter ended December 31, 2009 of $1.4 million, $0.07 diluted income per share, compared to a net loss of $4.8 million and diluted loss per share of $0.27 for the fourth quarter of 2008. Total revenue for the fourth quarter of 2009 was $4.0 million compared to total revenue of $5.2 million for the comparable 2008 quarter.
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