Active Penny Stocks in the News
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LIGATT Security International (Pink Sheets: LGTT) was up 50% in morning trading to $.0006 with 316M shares traded. LIGATT Security International (Pink Sheets: LGTT - News), a cyber security company, today announced that the company will be buying back shares on the open market and through private individuals in order to increase LSI's share price.
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MedCAREERS GROUP, Inc. (OTC Bulletin Board: MCGI) reached up 36.88% in morning trading to $2.19 with 860K shares traded. MedCAREERS GROUP, Inc.'s mission is to become a leader in the healthcare career arena with a focus on the healthcare professional. MedCAREERS Group, Inc. today announced that it has entered into a letter of intent to acquire a nurse staffing company located in the Southeast. The acquisition target has annual revenues of approximately $3.9 million and has an operating cash flow of approximately $180,000 per year. The transaction is structured as an asset purchase and is subject to due diligence, financing, and completion of definitive documentation. The purchase price for the assets is approximately $500,000 with 50% of the purchase price being financed over time by the sellers.
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Cannon Exploration (Pink Sheets: CNEX) was up 42.86% in morning trading to $.002 with 55M shares traded. Cannon Exploration is positioning itself to emerge as a quality mineral resource Exploration Company in the North American mining industry, focusing primarily on properties located in preferred mining districts in
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