Active Penny Stocks in the News
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ACT Clean Technologies, Inc. (OTC: ACLH) was up 284.62% in morning trading to $.05 with 29M shares traded. ACT Clean Technologies, Inc. is committed to both a safer environment through cleaner technologies as well as more profitable methods of oil recovery and production from oil sands and other petroleum reserves. ACT Clean Technologies, Inc. (Pink Sheets: ACLH) announced today that its subsidiary, American Petroleum Solutions, Inc. (APS), has products that clean the types of oil spills such as that caused by the BP and Transocean rig disaster in the Gulf of Mexico today.
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Shrink Nanotechnologies, Inc. (OTCBB: INKND) reached up 58.54% in morning trading to $.325 with 5M shares traded. Shrink Nanotechnologies, Inc. (“Shrink”) (OTCBB:INKN - News)(OTCBB:INKND), an innovative nanotechnology company developing products and licensing opportunities in the solar energy production, medical diagnostics and sensors and biotechnology research and development tools businesses, announced today that it has received notification that it has purchased the PowerSkin™ trademarks from the bankruptcy estate associated with the Millennium Cell (NASDAQ:MCEL - News). Pending additional clearances from the US Patent & Trademark Office, Shrink will market its Quantum Dot Solar Concentrator technologies, which enhances existing silicon-based photovoltaic (PV) systems and the ability for these systems to absorb sunlight and convert it to electricity, under the name PowerSkin™.
For detailed quote and full article http://www.pennytrader.com/quotes/INKND.php
Preferred Bank (Nasdaq: PFBC) was up 57.73% in morning trading to $3.0599with 1M shares traded. Preferred Bank (Nasdaq: PFBC), an independent commercial bank focusing on the Chinese-American and diversified Southern California mainstream market, today reported preliminary results for the quarter ended March 31, 2010 . Preferred Bank reported net income of $3.1 million or $0.20 per diluted share for the quarter compared to a net loss of $1.3 million or $0.14 per diluted share for the first quarter of 2009 and compared to a net loss of $28.4 million or $1.80 per diluted share for the fourth quarter of 2009.
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PennyTrader.com is not a registered investment advisers or broker/dealer. PennyTrader.com makes no recommendation that the purchase of securities of companies profiled in this press release is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the micro cap companies covered and the potential lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk. For our full disclaimer go to http://www.pennytrader.com/disclaimer/
