Active Penny Stocks in the News
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Qiao Xing Universal Resources, Inc. (Nasdaq: XING) reached up 18.36% in morning trading to $1.74 with 650K shares traded. Qiao Xing Universal Resources, Inc. (Nasdaq: XING) ("the Company" or "XING"), an emerging Chinese resources company headquartered in Huizhou, Guangdong Province, today announced its unaudited results for the three months ended March 31, 2010.
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SatMAX Corp. (Pinksheets: SATM) reached up 33.33% in morning trading to $.068 with 370K shares traded. SatMAX Corp. (Pinksheets:SATM - News), a leading global provider of wireless, non-line-of-sight satellite communications products and services to the $46 billion ground-based satellite communications industry, announced Friday afternoon that it is expanding its aviation vertical market strategy to generate new growth opportunities related to the deployment of its successful Alpha EMS Portable satellite communications repeater. The company will also hire or partner with industry participants to develop this important vertical market.
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The Amergence Group (Pinksheets: AMNG) reached up 15.92% in morning trading to $.0415 with 23M shares traded. The Amergence Group provides valuable advice and support to new businesses with its goal of accelerating their intended plans to introduce edgy, disruptive, and/or innovative technologies to the world market. The Amergence Group (Pinksheets:AMNG - News), announced Friday afternoon that its subsidiary, PanPacific International, will launch the "PanPacific Travel Network" -- an interactive, electronic concierge service for hotels and busy public areas throughout China. The information kiosks are designed to provide consumers with an up-to-date "gateway" of local attractions and discount information on goods and services offered throughout the area.
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