PennyTrader.com presents the following stocks to watch today: Spencer Pharmaceutical Inc. (Pink Sheets: SPPH), Consorteum Holdings, Inc. (Pink Sheets: CSRH), Optelecom-NKF, Inc. (Nasdaq: OPTC), and Dutch Gold Resources, Inc. (Pink Sheets: DGRI)
Spencer Pharmaceutical Inc. (Pink Sheets: SPPH) reached up 64.40% in morning trading to $.46 with 3M shares traded. Spencer Pharmaceutical Inc. is a US-based Pharmaceutical Research and Development Corporation, which is developing innovative drug release and absorption systems for the treatment of metabolic diseases such as diabetes and metabolic syndrome. Spencer Pharmaceutical Inc. (PINKSHEETS: SPPH) announced today that an unsolicited offer received on November 4, 2010 is at a premium of $0.97 per share, making the potential transaction valued at $245 million.
Consorteum Holdings, Inc. (Pink Sheets: CSRH) reached up 150% in morning trading to $.0055 with 3M shares traded. Consorteum Holdings, Inc. will build on its extensive expertise within the Payments and Transaction Industry in North America, Europe, and internationally. By identifying new technologies and trends in the changing global marketplace, Consorteum Holdings Inc. aims to increase revenues in existing markets, enter new markets, and deliver unique products and services more effectively and efficiently. Each program and initiative launched is designed to drive additional transaction based, long-term revenues and increased shareholder value. Consorteum Holdings, Inc. (PINKSHEETS: CSRH) is pleased to announce that the Company's MasterCard benefits pilot program with the First Nations initiative in New Brunswick, Canada, has begun the second phase of implementation following successful deployment among the community's administration group.
Optelecom-NKF, Inc. (Nasdaq: OPTC) reached up 50.25% in morning trading to $2.38 with 700K shares traded. Optelecom-NKF is a global supplier of advanced video surveillance solutions. Its range includes IP cameras, video servers/codecs, network video recorders, fiber transmission equipment, video management software, and video analytics. It delivers complete solutions for traffic monitoring and security of airports, seaports, casinos, prisons, utilities, public transit, city centers, hospitals, and corporate campuses. TKH Group N.V. (NYSE Euronext Amsterdam, AMS: TWEKA, "TKH") and Optelecom-NKF, Inc. (Nasdaq: OPTC, " Optelecom-NKF ") today announced that they have entered into a definitive merger agreement for a subsidiary of TKH to acquire all of the outstanding shares of Optelecom-NKF in an all cash merger transaction for $2.45 per share. The per share consideration represents a premium of 59.1 percent over Wednesday, November 10, 2010's closing price on the NASDAQ Capital Market of $1.54 and a premium of 72.7 percent over Optelecom-NKF 's average closing share price on the NASDAQ Capital Market over the past thirty trading days.
Dutch Gold Resources, Inc. (Pink Sheets: DGRI) reached up 56.67% in morning trading to $.047 with 13M shares traded. Dutch Gold Resources, Inc. is engaged in the acquisition and development of gold reserves in North America. The company's strategy is to focus on overlooked resources that can be quickly and cost-efficiently brought into production, and to seek out potentially significant exploration targets in high value geographies. The Basin Gulch project Montana, the Jungo property outside Winnemucca, Nevada, and the Gold Big Mine in Oregon comprise the Company's current portfolio. The DGRI management team is composed of seasoned professionals with decades of experience in geology, and Mergers and Acquisitions, as well as corporate finance. Dutch Gold Resources, Inc. (PINKSHEETS: DGRI) (the "Company") today announced that it has completed the permitting to begin the previously announced drilling program at its Jungo property northwest of Winnemucca, Nevada.
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