Active Penny Stocks in the News
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ITC^DeltaCom, Inc. (OTC Bulletin Board: ITCD) reached up 102.76% in morning trading to $2.94 with 1M shares traded. ITC^DeltaCom, Inc. (Deltacom), headquartered in Huntsville, Alabama, provides, through its operating subsidiaries, integrated telecommunications and technology services to businesses and other communications providers in the southeastern United States. Deltacom has a fiber optic network spanning approximately 16,400 route miles (12,483 owned or controlled under IRU agreements), and offers a comprehensive suite of voice and data communications services, including local, long distance, broadband data, Internet connectivity, wireless voice and data services, and customer premises equipment. Deltacom is one of the largest competitive telecommunications providers in its primary eight-state region. EarthLink, Inc. (Nasdaq: ELNK) and ITC^DeltaCom, Inc. (OTC Bulletin Board: ITCD) today announced a definitive merger agreement under which EarthLink will acquire ITC^DeltaCom (Deltacom) for $3.00 per share in cash. The transaction is valued at approximately $516 million, including assumption of $325 million in debt.
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Healthmed Services, Ltd. (Pinksheets:HEME) reached up 18.08% in morning trading to $.307 with 6M shares traded. HealthMed Services Ltd, formed in 2000 when technology was on the rise. The focus of the company has been to develop products to better efforts of the healthcare industry through the use of technology. The company is building a revolutionary product that will forever change the way the healthcare industry communicates within itself. HealthMed remote desktop software will allow a handheld computer device to transmit information directly with a desktop pc or server. This will allow records to be electronically created and stored, rather than manual printed and scanned. This will reduce required manpower for pushing paper. This will allow for more accurate record keeping, thus decreasing lawsuits in a litigious society. Most importantly, it will also free up more time for healthcare professionals thus allowing more time to be spent with clients or family. Healthmed Services, Ltd. (Pinksheets:HEME - News) is pleased to announce Healthmed's neural communicator, Neuro Vantage, is now being supported by Facebook. Previously, Healthmed announced Bing and Google search engines will offer the Company's newest software.
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Caribbean Casino and Gaming Corp. (Pinksheets: CGAQ) reached up 13.04% in morning trading to $.026 with 8M shares traded. Caribbean Casino and Gaming Corp. is the owner and operator of the Sosua Bay Grand Casino. The corporation is focused on becoming a leader in the Caribbean for gaming and entertainment to include live betting in its partnership with Kenilworth Systems Corporation from cameras located above tables within the Sosua Bay Grand Casino. Not only will Caribbean Casino and Gaming Corp. offer world class gaming and accommodations within its facilities for those visiting our properties, but also allow patrons to wager (where allowed) from the comfort of their own home or hotel room. The casino is now the centerpiece in the Sosua Bay Resort at Puerto Plata, Dominican Republic, the largest and most populated Caribbean Island. Caribbean Casino and Gaming Corp. (Pinksheets:CGAQ - News) announced today their due diligence and negotiation for the second casino location is completed with the final contract signing set for October 4th. Renovations of the location will be completed during the following 3 weeks with a November 2010 Grand Opening expected. The location features waterfront views in its exclusive location matched with an 890 room hotel in a self contained resort community.
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