Active Penny Stocks in the News
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Zanett, Inc. (NASDAQ:ZANE) surges 86.41% in morning trading to $3.43 with 6M shares traded. Zanett is a leading business process outsourcing (BPO), IT enabled services (ITES), and information technology (IT) consulting firm serving Fortune 500 corporations and mid-market organizations in Healthcare, Life Sciences, Manufacturing & Distribution, Retail, Gaming & Hospitality, and State & Local Government. Zanett, Inc. today announced that it has set an in-house corporate record for contracts signed in a single quarter since the Company was founded over 10 years ago. During the first 3 months of 2010, over $17.1 million dollars in new business has been closed.
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Genta Incorporated (OTCBB: GETA) reached up 39.13% in morning trading to $.064 with 44M shares traded. Genta Incorporated is a biopharmaceutical company with a diversified product portfolio that is focused on delivering innovative products for the treatment of patients with cancer. Genta Incorporated (OTCBB: GETA.OB) today announced that the U.S. Food and Drug Administration ( FDA ) has granted the Company's request for "Fast Track" designation of tesetaxel for treatment of patients with advanced gastric cancer. Tesetaxel -- a late Phase 2 oncology product -- is the leading oral taxane currently in clinical development.
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Artfest International, Inc. (OTCBB: ARTS) was up 39.02% in morning trading to $.0057 with 47M shares traded. Artfest International, Inc. brings together artists, investors, decorators, designers, private collectors and art galleries. Artfest International, Inc. (OTCBB: ARTS) is pleased to announce that Time Warner Cable will be the distribution outlet of Artfest International's "Artfest Direct" program to 550,000 Time Warner Cable customers. Artfest has an "On-Demand" distribution agreement with Time Warner, Inc. , the second largest cable operator in the country, which will give Artfest International its base for the development of the Art Channel "On-Demand" program. Starting next month, Artfest will be showcasing its Art and Sports memorabilia, on its Time Warner Art Channel program slot. As part of the distribution agreement with Time Warner, Artfest is able to sell advertising/commercial space that is available on its Art Channel TV slot.
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