Active Penny Stocks in the News
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Fox Petroleum Inc. (Pinksheets: FXPT) reached up 68.57% in morning trading to $.059 with 630K shares traded. Fox Petroleum Inc is focused on acquiring, developing and operating plastic recycling operations throughout North America. With a focus on plastic waste compounds and the aggregating of plastic scrap products for manufactures. Fox Petroleum's goal is to become an important partner for leading recycling companies who need proficient services. Fox Petroleum Inc. (PINKSHEETS: FXPT) announced today that Resource Polymers Inc , its Canadian operating subsidiary, finalized installation of its new green recycling line.
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Encounter Technologies, Inc. (Pinksheets: ENTI) reached up 11.11% in morning trading to $.001 with 35M shares traded. Encounter Technologies, Inc. provides end-to-end technology and online marketing services, including design, build, hosting and online marketing support. They specialize in social media, video technology and online entertainment web solutions. Encounter Technologies, Inc. (Pinksheets:ENTI - News) reveals behind-the-scenes photos of the exclusive video shoot with rappers Vado and Jae Millz. The Music Matrix team shot custom footage in Harlem and The Bronx for a full-length video and interactive music video promotion to premier on the site. The photos are branded with the Music Matrix name and are now highlighted in the gallery section of the popular web site, http://www.whatspoppin.net.
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Highway Holdings Limited (Nasdaq:HIHO) reached up 38.82% in morning trading to $2.90 with 180K shares traded. Highway Holdings produces a wide variety of high-quality products for blue chip original equipment manufacturers -- from simple parts and components to sub-assemblies. It also manufactures finished products, such as light fixtures, LED lights, radio chimes and other electronic products. Highway Holdings is headquartered in Hong Kong, and currently operates with its principal manufacturing facility in Shenzhen and a factory in Wuxi in the People's Republic of China. Highway Holdings Limited (Nasdaq:HIHO - News) today announced it has received orders valued at approximately $5.56 million for protective cases for a popular mobile phone from a U.S.-based supplier of these accessories.
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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/
