Active Penny Stocks in the News
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Trend Exploration, Inc. (Pinksheets: TRDX) reached up 79.10% in morning trading to $.036 with 1M shares traded. SciMeDent Health, Corp. f/k/a Trend Exploration, Inc. is a company focused on being a leading developer and marketer of products and services for medicine, dentistry and life sciences. SciMeDent plans to achieve growth initially through mergers and acquisitions. SciMeDent Health, Corp. f/k/a Trend Exploration, Inc. (Pinksheets: TRDX - News) today announces to its shareholders that its negotiations are progressing well towards a definitive agreement with Genesis Biopharma, Inc. ("Genesis") to acquire an exclusive worldwide sublicense for a new compound in development for the treatment of Painful Diabetic Neuropathy (PDN).
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Green Globe International, Inc. (Pinksheets: GGII) was up 40% in morning trading to $.0112 with 5M shares traded. Green Globe International, Inc. is the worldwide owner of the Green Globe brand, which includes the leading sustainability certification and benchmarking programs, carbon footprint calculation and offset programs, and a broad range of consulting services. Green Globe International, Inc. (Pink Sheets: GGII - News) today commented on the July 14th announcement by Village Green Global, Inc. and Epicor Software Corporation regarding a strategic alliance between the two companies to extend Epicor's next-generation enterprise resource planning (ERP) suite with offerings that will provide companies the ability to identify, analyze, audit, track, manage, benchmark and report on carbon emissions, environmental impact and energy consumption. The alliance is intended to address the increased pressure companies are facing to engage in sustainable business practices and to track their carbon reduction compliance now and into the future.
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Cypress Bioscience, Inc. (NASDAQ: CYPB) was up 31.60% in morning trading to $3.29 with 9M shares traded. Cypress Bioscience, Inc develops and commercializes therapeutics and personalized medicine services to facilitate improved and individualized patient care. Ramius Value and Opportunity Advisors LLC, a subsidiary of Ramius LLC (collectively, “Ramius”), today announced that it has sent a letter to the Board of Directors of Cypress Bioscience, Inc. (“Cypress” or “the Company”) (NASDAQ: CYPB - News) outlining an offer to acquire all of the outstanding shares of the Company that it does not already own for $4.00 per share in cash. The Ramius offer described in the letter represents a 60% premium over the July 16, 2010, closing price and a 74% premium over the average closing price since the acquisition of BioLineRx’s BL-1020 drug. Ramius currently owns 9.9% of the outstanding common stock of
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