Active Penny Stocks in the News
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Alanco Technologies, Inc. (NASDAQ:ALAN) reached up 23.52% in morning trading to $1.6799 with 145K shares traded. Alanco Technologies, Inc. provides wireless monitoring and asset management solutions through its StarTrak Systems subsidiary. StarTrak Systems is the dominant provider of tracking, monitoring and control services to the refrigerated or “Reefer” segment of the transportation marketplace, enabling customers to increase efficiency and reduce costs of the refrigerated supply chain. Alanco Technologies, Inc. (NASDAQ:ALAN - News) today announced preliminary unaudited sales results for its fiscal first quarter ended September 30, 2010. StarTrak Systems, the Company’s sole operating subsidiary following the recent divestiture of underperforming assets, reported first quarter sales totaling approximately $3.7 million, a 25% increase compared to the prior year first quarter results. During the first quarter the Company reported adding a record 24 new accounts in diverse refrigerated transport market segments including: truckload, intermodal, food service, private fleet, life sciences and international refrigeration applications.
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Sunergy, Inc. (Pinksheets: SNEY) reached up 19.35% in morning trading to $.0037 with 7M shares traded. Sunergy is an aggressive junior mining exploration and development Company that is production oriented at the earliest possible profitable opportunity. They control 100% of the 150 SQ. Km. Nyinahin mining concession with a full prospecting license. Sunergy, Inc. (the "Company") (Pinksheets:SNEY - News) reports that due diligence on the Allied Mining and Supply, LLC (Nevada) planned acquisition of 100% of their Company has been completed successfully (See Press Release dated September 7, 2010). The terms of the definitive agreement have also been agreed upon and the Company intends to close the transaction as soon as practical. Full details will be published at closing, but suffice it to say the recent depressed market for Sunergy shares has had no adverse effect on the Company's ability to complete the transaction.
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International Stem Cell Corporation (OTCBB: ISCO) reached up 13.10% in morning trading to $1.278 with 350K shares traded. International Stem Cell Corporation is a California-based biotechnology company focused on therapeutic and research products. ISCO's core technology, parthenogenesis, results in creation of pluripotent human stem cells from unfertilized oocytes (eggs). These proprietary cells avoid ethical issues associated with use or destruction of viable human embryos and, unlike most other major stem cell types, can be immune matched and be a source of therapeutic cells with minimal rejection after transplantation into hundreds of millions of individuals of differing racial groups. ISCO also produces and markets specialized cells and growth media for therapeutic research worldwide through its subsidiary, Lifeline Cell Technology, and is developing a line of cosmeceutical products via its subsidiary, Lifeline Skin Care. ISCO is advancing novel human stem cell-based therapies where cells have been proven to be efficacious but traditional small molecule and protein therapeutics have not. International Stem Cell Corporation (OTCBB:ISCO.ob - News) and a new firm to be formed by John Mauldin announced today the formation of a new joint marketing venture to launch a line of skin care products developed by ISCO’s wholly owned subsidiary, Lifeline Skin Care, Inc. (“LSC”). Mauldin, a significant marketing talent, is president of Millennium Wave Investments and author of an economic letter that goes to over 1.5 million readers.
For detailed quote and full article http://www.pennytrader.com/quotes/ISCO.php
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