Active Penny Stocks in the News
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Quasar International Holdings, Inc. (Pinksheets: QASP) reached up 45.24% in morning trading to $.0061 with 30M shares traded. Quasar Aerospace is a multi-faceted aviation company focused on excellence in its principal businesses - aircraft and component design and manufacture, and flight training. Quasar offers the best in flight training through its Atlantic Aviation flight school. Quasar International Holdings, Inc. (Pinksheets: QASP - News), Dean Bradley steps down as CEO/President of Quasar International Holdings, Inc. and announces the appointment of a new management team.
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Kalahari Greentech, Inc. (Pinksheets: KHGT) reached up 40.62% in morning trading to $.225 with 450K shares traded. Kalahari Greentech Inc. is an energy company focused on developing, constructing and operating wind and solar energy projects, either on its own or in partnership with other energy companies. Kalahari Greentech, Inc. (Pink Sheets: KHGT - News) released a statement today detailing costs and revenues for its patented Solar Thermal "Tri-Brid" generator.
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B GREEN INNOVATIONS, Inc. (OTCBB: BGNN) reached up 42.11% in morning trading to $.0027 with 9M shares traded. The B Green Innovations, Inc. ("B Green") "Go Green" mission from its inception is to create a "Green" company for the development of solutions to eliminate waste from the world's environment. B Green offers consumers a realistic and necessary solution to the problem of waste around the world. B GREEN INNOVATIONS, Inc. (OTC.BB:BGNN - News) announced today that the Board of Directors has authorized a reduction in the number of authorized Class A Common Stock shares of forty percent (40%). This reduction in the authorized shares is subject to shareholder approval at the next shareholders meeting. The Company decided that is was best to reduce the number of authorized Class A Common Stock shares to eliminate these shares from ever being issued to minimize the risk of further dilution of shareholders' value so that the Company may grow and maximize shareholder value.
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PennyTrader.com is not a registered investment advisers or broker/dealer. PennyTrader.com makes no recommendation that the purchase of securities of companies profiled in this press release is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the micro cap companies covered and the potential lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk. For our full disclaimer go to http://www.pennytrader.com/disclaimer/
