Crescent Financial Corporation (Nasdaq:CRFN) reached up 86.95% in morning trading to $4.06 with 100K shares traded. Crescent Financial Corporation is the parent company of Crescent State Bank. Crescent has total assets of $973.0 million, deposits of $724.4 million, and gross loans of $676.8 million as of December 31, 2010. The bank operates 15 full-service banking offices in the communities of Cary (2), Apex, Clayton, Garner, Holly Springs, Sanford, Southern Pines, Pinehurst, Raleigh (3), Knightdale and Wilmington (2), North Carolina. Crescent Financial Corporation (Nasdaq:CRFN - News) and Piedmont Community Bank Holdings, Inc., announced yesterday evening that they have entered into a definitive agreement pursuant to which Piedmont will invest $75 million in Crescent and therefore acquire a majority interest in the company.
Solar3D, Inc. (OTCBB:SLTD) reached up 60% in morning trading to $.24 with 100K shares traded. Solar3D, Inc. is developing a breakthrough 3-dimensional solar cell technology to maximize the conversion of sunlight into electricity. Up to 30% of incident sunlight is currently reflected off the surface of conventional solar cells, and more is lost inside the solar cell materials. Inspired by light management techniques used in fiber optic devices, their innovative solar cell technology utilizes a 3-dimensional design to trap sunlight inside micro-photovoltaic structures where photons bounce around until they are converted into electrons. This next generation solar cell will be dramatically more efficient, resulting in a lower cost per watt that will make solar power affordable for the world. Solar3D, Inc. (OTCBB:SLTD.ob - News) announced yesterday afternoon that its design will take advantage of low cost semiconductor processes to enable mass production.
Global Earth Energy Inc. (OTCBB:GLER) reached up 24.03% in morning trading to $.016 with 3M shares traded. Global Earth Energy Inc. provides renewable energy solutions. In addition, the Company is pursuing joint venture agreements with green solution providers worldwide. Global Earth Energy Inc. (OTC.BB:GLER - News) announced late yesterday morning it has entered into a joint venture partnership with Innovated Concepts of Ethanol, Corp. ("ICE"), a South Dakota corporation, which is in the business of ethanol.
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