Active Penny Stocks in the News
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Majestic Capital, Ltd. (Nasdaq: MAJC) reached up 85.96% in morning trading to $.40 with 230K shares traded. Majestic Capital, Ltd., through its subsidiaries, is a specialty provider of workers' compensation insurance products. The Company seeks to provide quality products and services that fit the needs of its insureds and is dedicated to developing and maintaining a mutually beneficial, long-term relationship with them. The Company's workers' compensation insurance coverage is offered to employers in California, New York, New Jersey, Arizona, Nevada, and other states. Majestic Capital, Ltd. (Majestic Capital) (Nasdaq: MAJC - News) announced that it has entered into a definitive agreement to be acquired by Bayside Capital Partners LLC (Bayside Capital Partners) for $0.45 per share in cash, or an aggregate purchase price of approximately $7.8 million. The $0.45 per share in cash purchase price represents a premium of 105% to Majestic Capital’s closing price yesterday of $0.22. Bayside Capital Partners is a holding company, the principal members of which are Lancer Financial Group, Inc. (Lancer Financial), David and Timothy Delaney, and individuals who are, in some cases, shareholders of Lancer Financial.
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Emerging Healthcare Solutions (Pink Sheets: EHSI) reached up 27.33% in morning trading to $.191 with 140K shares traded. Emerging Healthcare Solutions, Inc. invests in and participates in the profits of emerging breakthrough medical technologies. Emerging Healthcare Solutions (Pink Sheets:EHSI - News) President and CEO Cindy Morrissey said Tuesday that a recent study at the University of Cambridge seems to indicate that realistic stem cell therapies to replace diseased or damaged tissues may be closer than ever.
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Verde Media Group Inc. (OTCPK: HMIT) reached up 11.11% in morning trading to $.001 with 3M shares traded. Verde Media Group Inc. operates a managed media financing company with production, distribution, and development functions. Verde Media Group Inc. (OTCPK: HMIT), announces that post-production for the reality series “Cowboy Mining”, has begun with Transition Productions.
For detailed quote and full article http://www.pennytrader.com/quotes/HMIT.php
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