Dallas,Tx 5/27/2010 10:52:51 PM
News / Business

Hot Penny Stocks of the Day (RIGH, QASP, JEDM)

Hot Penny Stocks

 

RightSmile, Inc. (Public, OTC:RIGH) is the biggest stock performer and soared 164% to $0.0045 with over 58 million shares after confirming that they are on track to meet year-end sales goals for its SmileShoppes. Currently, the firm has over 40 locations with a number of locations set to come online over the next few weeks.

 

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Based in Port St. Lucie, Florida, RightSmile, Inc. engages in the distribution of branded and private label Cosmetic Laser Teeth Whitening products. RightSmile® provides an exclusive turn-key Cosmetic Teeth Whitening System designed to complement existing health, beauty and medical businesses.

 

QUASAR AEROSPACE INDUS (Public, PINK:QASP) rose 27% to $0.02 with over 32.50 million shares extended its rally by moving up another 17% after announcing that it secured bridge financing of $500,000 to cover expenses to secure a $10 million loan, which will be used in part to secure a $100 million loan.

 

JEDI MIND INC (Public, PINK:JEDM) soared 47.62% to $0.0310 after announcing that its next software application in development is scheduled to hit the PC gaming market next month. Rather than using a keyboard or mouse, video gamers will be able to use their mind to play.

 

The PC gaming market reached $13 billion in sales in 2009, and the thought-control company expects to take a 3-5% market share by offering an alternative gaming experience. During the first quarter, the company reported sales of $200,827 and a net profit of $57,102. Meanwhile, its balance sheet also remains relatively healthy with $674,757 in assets.

 

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