EdgeWater 12/1/2010 2:27:29 AM
News / Business

Double-Digit PINK Stock Movers Of The Day (SNMN, ENTI, QMIN)

Double-Digit PINK Stock Movers Of The Day

SNM Global Holdings (PINK: SNMN) skyrocketed 200% to $0.0003 on about 433.35 million shares. The company announced it signed a Letter of Intent to acquire 51% of Banx and Green Group Inc. Banx and Green Group is an Alternative Energy Company with specialties in Green Construction and Biofuel Development and has a contract to build a minimum of 11 Emergi-Care centers with an estimated value of $28.6 million.

SNM Global Holdings, formerly CineMaya Media Group, Inc., and its subsidiaries are engaged in the entertainment, marketing and ethnic media landscape in North America and have a vertically integrated business model targeting the South Asian and Indian populations in North America.

Encounter Technologies Inc. (PINK: ENTI) slumped 22.22% to $0.0007 on over 161.96 million shares.

Entertainment Cruises International, Inc., formerly known as Encounter.com, Inc., is in the business of providing Internet products and services including, Internet access, colocation and professional services. The Company has formed a subsidiary, CyberCastingCorp.com, to grow externally by acquiring small Internet service providers marketing a wide range of Internet products and services.

Kentucky Energy, Inc. (PINK: QMIN) is 100% higher at $0.0004. The company announced the financial results for September 30, 2010.

The Company incurred an operation loss of $344,943 for the three months ended September 30, 2010, compared to an operating loss of $615,843 for the three months ended September 30, 2009.

For the third quarter, the Company's coal revenues were $764,841 for the three months ended September 30, 2010, as compared to $348,334 for the three months ended September 30, 2009, an increase of 125%.

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