OneFi Technology, Inc (PINK:ONFI) reached up 60% in morning trading to $.04 with 940K shares traded. OneFi Technology Inc. is an IPTV solutions provider and company which develops broadband networks that are capable of 4G compatibility. OneFi Technology’s focus is on rural communities and developing countries which lack infrastructure. Both WiMax and LDE are wireless technologies for the delivery of broadband internet signal that allows for VoIP, IPTV and general internet use. OneFi Technology, Inc (Pink Sheets:ONFI.pk - News) is announcing it has finished the testing of its bi-directional IPTV platform solution and is ready to launch the technology.
FONAR Corporation (NASDAQ:FONR) reached up 55.30% in morning trading to $2.05 with 870K shares traded. Fonar Corporation, the MRI Specialist™, is the world’s leading developer and manufacturer of MRI scanners. Throughout 25 years of invention, development and production, Fonar has been on the leading edge of innovation in the MRI industry. In 1980, Fonar revolutionized diagnostic imaging through the introduction of the world’s first commercial MRI scanner. Now Fonar has revolutionized diagnostic imaging with its Upright™ MRI, the world’s first MRI that performs Upright™ Imaging and Position Imaging™. FONAR Corporation (NASDAQ:FONR - News) today announced its financial results for the second quarter of fiscal 2011, which ended December 31, 2010. During the quarter, net income and also income from operations, was $1.4 million. This compares to the second quarter of fiscal 2010, which ended December 31, 2009, when the net loss and also the loss from operations was $1.3 million. The Company has had three consecutive quarters of positive net income, and four consecutive quarters of positive income from operations.
Universal Potash Corporation (PINK:UPCO) reached up 53.85% in morning trading to $.20 with 270K shares traded. Universal Potash Corp. is an acquisition driven exploration company dedicated to increasing shareholder value. The Management of Universal Potash's principal focus is the acquisition of premium leaseholds and the future development of these properties and business interests on a global basis. Management efforts are channeled into building Universal Potash Corp. into an international enterprise and meeting the growing challenge of feeding the world. Universal Potash Corporation (the "Company") (Pinksheets:UPCO - News) is pleased to announce technical planning will commence supported by the previous research completed by the US Geological Service. UPCO will include the evaluation of the Gamma/Neutron logs available to UPCO from oil well previously drilled on the majority acquisition interest in the potash rights to three square miles of prospective ground in the Paradox Basin of Utah. Universal Potash Corp.'s newest venture is located less the 1000 yards west of the BLM's designated KPLA (Known Potash Leasing Area) reserve. The UPCO acquisition encompasses nearly 2,000 acres of the School and Institutional Trust Lands Administration (SITLA) subsurface potassium rights.
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