Active Penny Stocks in the News
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Reed's, Inc. (NASDAQ:REED) was up 62.72% in morning trading to $2.75 with 2M shares traded. Reed's, Inc. makes the top selling sodas in natural food markets nationwide and is currently selling in 10,500 supermarkets in natural foods and mainstream. Reed's, Inc. (NASDAQ:REED) (OTCBB:REEDP) ("Reed's, or the "Company"), announced today that the Company anticipates strong first quarter sales following on record fourth quarter revenues, which increased 21% over the prior year.
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Genta Incorporated (OTCBB: GETA) reached up 25.47% in morning trading to $.1128 with 18M 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) today announced the presentation of initial results from the first human use of a gallium-containing compound to treat serious infection. In a patient with cystic fibrosis and a highly resistant lung infection, who has been treated over a 2-year period, high concentrations of gallium were achieved in sputum. Moreover, sputum concentrations were higher than simultaneous concentrations in blood and continued to rise even after treatment had been stopped. Measured concentrations in sputum equaled or exceeded concentrations that have been reported lethal to bacteria in laboratory tests. The data were presented at the annual meeting of the American Association of Cancer Research in
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Med Gen Inc. (OTC: MDIN) was up 100% in morning trading to $.0004 with 283M shares traded. Med Gen, Inc. engages in the manufacture, sale, and licensing of healthcare products, primarily to the alternative therapies market. Med Gen Inc. (Pink Sheets: MDIN), today announced a deal that gives it's wholly owned subsidiary, NorthStar Business and Property Brokers, Inc. the right to resell over $30,000,000 in established franchise businesses.
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