Earth Dragon Resources, Inc. (OTCBB: EARH) has lost only 1.48% or $0.003 with a volume of 3.9 million shares to settle at $.20. The stock has been making significant moves in the past few weeks as it's been trending nicely above its 50 day moving average of $0.157 with a relative strength index of 48.42.
Earth Dragon Resources Inc. is an exploration-stage company. The Company has acquired the right to conduct exploration activities on the Mountain Queen Lode Mining Claim, located in Clark County, Nevada, the United States. The Mountain Queen Lode Claim consists of one located claim with an area of 20 acres located in the Goodsprings Mining District situated within the southwestern corner of the State of Nevada, the United States.
Hyper Solar Inc. (OTCBB: HYSR) has gained 14.29% with an astonishing volume of 1.6 million shares to settle at $.16 a share at the close. The stock had a nice breakout today as it rose above its consolidation point of $.12 to $.16 with an increasing relative strength index of 68.
Hypersolar, Inc. is engaged in developing solar concentrator technology to increase the power output of solar cells. Based on micro-photonics, the Company is developing a thin and flat solar concentrator that can deliver sunlight onto solar cells. The thin and flat nature of the solar concentrator allows it to be placed as a layer directly on the surface of solar cells in conventional photovoltaic flat panel designs.
AI Systems Inc. (OTCBB: ASYI) has exploded 18.68% or three cents to settle at $.19 a share with a moderate volume of 225,500 shares. The stock is trading with a relative strength index of 50.48 as it has been consolidating recently at $0.19 range. The stock is still trading way below its 200 day moving average of $.33.
AISystems, Inc., formerly Wolf Resources Inc., is a systems design company that has developed a business platform for the commercial airline industry. The solution is jetEngine is an integrated system that represents a fundamental technology shift in airline resource planning. The Company's approach is the integration of the marketing, fleet, crew, and maintenance schedules. On March 19, 2010, the Company acquired Airline Intelligence Systems Inc. (AIS), a development-stage company focused on software development for the airline industry.
Davi Luxury Brand Group Inc. (OTCBB: MDAV) has gained 19.19% or $.19 to settle at $1.18 a share with a moderate volume of 219,269. The stock has ranged today from $1 to $1.25 a share, but in the past 52 weeks it depicted volatility between $.75 and $2.60 a share. I love seeing increased volume with an increased PPS, so keep a close watch on this company tomorrow.
Davi Luxury Brand Group, Inc., was an exploration-stage company engaged in the acquisition and exploration of mineral properties. During the fiscal year ended September 30, 2010, the Company lost all of the mineral rightsthe that it owned.
Pervasip Corp. (OTCBB: PVSP) is doing terrible as its been in a long downtrend using its 50 day moving average of $0.40 as a resistance level and trading way below its 200 day moving average of $0.445 with a relative strength index of 40.17. I definitely would not want to touch this one until further announcements or improved fundamentals of the company.
Pervasip Corp. is a provider of local, long distance and international voice telephone services. It provides these services using a Linux-based, open-source softswitch, which utilizes an Internet protocol (IP) telephony product. It provides its IP telephone services on a wholesale basis to other service providers, such as cable operators, Internet service providers, wireless fidelity (WiFi) and fixed wireless broadband providers, data integrators, resellers and satellite broadband providers.
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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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