Top Penny Stock Gainers Today include CBAI, LACO, GSLO

Active Penny Stocks in the News

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Cord Blood America, Inc. (OTC Bulletin Board: CBAI) reached up 34.78% in morning trading to $.0062 with 56M shares traded. Cord Blood America, Inc. (http://www.cordblood-america.com) (OTC Bulletin Board:CBAI.ob - News), the umbilical cord blood stem cell preservation company focused on bringing the life-saving potential of stem cells, a biological insurance policy, to families nationwide and internationally, today announced that all preliminary due diligence is now complete for the acquisition of controlling interest in BioCells, Inc. BioCells is headquartered in Argentina, with affiliates under development in Peru, Colombia, Bolivia, Panama and Puerto Rico. The acquisition is expected to be closed no later than August 31, 2010.

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Lakes Entertainment, Inc. (NASDAQ: LACO) was up 23.23% in morning trading to $1.91 with 120K shares traded. Lakes Entertainment, Inc. currently has development and management or financing agreements with three separate Tribes for casino operations in Michigan and California, for a total of three separate casino sites. Lakes is currently managing the Four Winds Casino Resort for the Pokagon Band of Potawatomi Indians and the Red Hawk Casino for the Shingle Springs Band of Miwok Indians. Lakes is also involved in other business activities, including the licensing of table games to Tribal and non-Tribal casinos. Lakes Entertainment, Inc. (NASDAQ: LACO - News) announced today that on July 13, 2010, it entered into a Termination Agreement with Penn Ventures, LLC, a subsidiary of Penn National Gaming, Inc. (“Penn”) whereby in exchange for a $25 million payment from Penn to Lakes, Lakes agreed to relinquish all right, title and interest it had in the casino projects in Columbus, Ohio and Toledo, Ohio which are proposed to be developed by Penn.

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GoSolarUSA Inc. (PinkSheets: GSLO) was up 15.79% in morning trading to $1.10 with 100K shares traded. GoSolarUSA identifies and develops new solar energy technologies in the United States. GoSolarUSA Inc. (PinkSheets:GSLO - News) disclosed that the Company has reached an understanding with PREE™ regarding the terms and future participation between the two companies in the development, delivery and marketing of the new PREE™ product line. PREE™ owns a breakthrough technology that uses wireless internet signals and solar energy to keep Smartphones constantly charged without having to be plugged in.

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