Active Penny Stocks in the News
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Zanett, Inc. (Nasdaq: ZANE) reached up 71.63% in morning trading to $2.42 with 1M shares traded. Zanett provides business and technology consulting services that enable organizations to enhance effectiveness, respond quickly to changing business dynamics, and deliver timely management information. Zanett, Inc. (Nasdaq:ZANE - News) announced today that it is very pleased with rate of contracts closed in the period Q2-to-Date 2010. Between the period of April 1, 2010 and the present, over $12.6 million dollars in new business has been closed. This amount of revenue is comprised of 37 different customers, with the largest customer being responsible for a $7.5 million mandate. Year-to-Date, over $29.7 million of new business has been signed. The bulk of this revenue is expected to be realized within the next 12 months.
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Electric Car Company, Inc. (OTC Bulletin Board: ELCR) was up 29.41% in morning trading to $.0022 with 130M shares traded. Electric Car Company, Inc. (OTCBB:ELCR - News), a vehicle conversion Company that specializes in electric conversions and manufacturing for the Livery and Fleet Markets, today announces entering into a Letter Of Intent Agreement with Liberty Electric Cars, USA LLC to combine the respective expertise of the two Companies in the production of zero emission, Pure Electric vehicles, (view video). The proposed Joint Venture is subject to the execution of a definitive agreement.
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NexMed, Inc. (Nasdaq: NEXM) was up 15.17% in morning trading to $.334 with 1M shares traded. NexMed is the largest specialty CRO based in
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