Active Penny Stocks in the News
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International Merchant Advisors, Inc. (Pinksheets:IMAI) reached up 30% in morning trading to $.013 with 3M shares traded. International Merchant Advisors Inc. is an international business banker and builder of companies. International Merchant Advisors, Inc. (Pinksheets:IMAI - News) has announced that Gordon Getz has joined IMAI's board of directors and has been named Chief Executive Officer with immediate effect.
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EasyLink Services International Corporation (Nasdaq:ESIC) reached up 19.44% in morning trading to $3.44 with 730K shares traded. EasyLink Services International Corporation ("EasyLink" or "Company") (Nasdaq:ESIC - News) (www.easylink.com), a global provider of comprehensive messaging services and e-commerce solutions, reported fiscal fourth quarter and year end 2010 revenue of approximately $19.9 million and $81.4 million, respectively, net income attributable to common shareholders of approximately $11.9 million or $.41 per basic share, which includes a $10.3 million deferred tax benefit due to the release of previously reserved deferred tax assets, and $15.8 million or $.57 per basic share, respectively, and adjusted earnings before income taxes, depreciation and amortization ("Adjusted EBITDA") of approximately $4.6 million and $20.5 million, respectively.
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SaviCorp (Pinksheets: SVMI) reached up 14% in morning trading to $.0285 with 5M shares traded. SaviCorp is the evolution of more than twenty years of automotive engine emissions testing and materials research and development. The Company was formed to create, support and license a patented supplementary vehicle emissions reduction and fuel efficiency technology to reduce emissions and improve efficiency. SaviCorp (Pink Sheets: SVMI.pk - News) announces the State of California has issued an Executive Order for DynoValve, paving the way for DynoValve to be sold to auto repair shops, emissions testing stations, auto part retailers and Municipal/Business Fleets throughout California to help reduce vehicle emissions.
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