Active Penny Stocks in the News
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Heli Electronics Corp. (OTCBB: HELI) reached up 48.89% in morning trading to $.134 with 53M shares traded. Heli Electronics Corp. is the primary marketing, promotion, logistics, and after-sales service agency of audio and visual (AV) products for Haier Group, a world leader in electronics and electrical appliances. Heli Electronics Corp. (OTCBB: HELI - News) today announced an update to its shareholders on the impact of the Share Exchange Agreement closed on June 15, 2010.
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American Lithium Minerals, Inc. (OTCBB: AMLM) was up 10.34% in morning trading to $.96 with 590K shares traded. American Lithium is a U.S.-based mineral exploration company focused on the development of lithium and boron resources in
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EF Johnson Technologies, Inc. (Nasdaq: EFJI) was up. 38.83% in morning trading to $1.43 with 2M shares traded. EF Johnson Technologies, Inc. focuses on innovating, developing and marketing the highest quality secure communications solutions to organizations whose mission is to protect and save lives. EF Johnson Technologies, Inc. (Nasdaq: EFJI - News) today announced that it has entered into an amendment to its merger agreement with an affiliate of Francisco Partners. Under the terms of the amended merger agreement, an affiliate of Francisco Partners will acquire all of the outstanding shares of EF Johnson Technologies' common stock for $1.50 per share in cash. This is an increase of over 42% over the $1.05 per share cash purchase price contemplated by the parties' original merger agreement previously announced on May 17, 2010. EF Johnson Technologies' Board of Directors unanimously approved the amended merger agreement.
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Brand Neue Corp (OTCBB: BRNZ) was up 22% in morning trading to $1.22 with 500K shares traded. Brand Neue Corp (OTC.BB: BRNZ - News) ("Brand Neue" or the "Company"), as the exclusive North American sales agent and distributor for Luma Vue LED Lighting products and systems ("Luma Vue") is pleased to announce that, independent US laboratory testing of its 48" LED tube confirms production of 98.6 lm/W (lumens per watt) of electricity consumed - nearly twice the industry average of 50 lm/W and delivered a superior color temperature of light. The laboratory results position Luma Vue's LED tubes as a superior, safe alternative to traditional fluorescent lighting. Lumens per watt testing is the lighting industry standard of measuring units of light perceived by the human eye, generated per watt of power consumption.
For detailed quote and full article http://www.pennytrader.com/quotes/BRNZ.php
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