AppTech Corp. (PINK:APCX) has lost 16.67% or $0.0003 to settle at $0.0015 with a volume of 493 million shares. The stock has been trading above its 50 day moving average of $0.0004 with a relative strength index of 66.45, which is considered to be in overbought territory.
App Tech, Corp., formerly Natural Nutrition, Inc., through its wholly owned operating subsidiary, CSI Business Finance, Inc., was primarily engaged in financing and investing activities. In January 2008, Turnaround Partners Inc.'s subsidiary sold its 10% ownership stake in Interactive Nutrition (INII) to INII's parent, Natural Nutrition.
O2 Secure Wireless, Inc. (PINK:OTOW) has lost 3.61% or $0.0006 to settle at $0.016 with a volume of 31.4 million shares. The stock is trading above its 50 day moving average of $0.00660 and its 200 day moving average of $0.00729 with a relative strength index of 59.36.
O2 Secure Wireless, Inc. (O2) was established as an Internet communications company providing high-speed wireless broadband products and services to residents within high-density residential communities, mobile professionals, as well as to companies that support these customers. O2 designs, engineers, deploy and maintain wireless Internet products that are offered to its primary customers. The Company's principal products and services include Wi-Fi Services, Mobile Services and Consulting Services. In July 2010, O2 Secure Wireless Inc completed a merger, pursuant to which Earthcom Service Inc. became the Company's wholly owned subsidiary.
Elysium Internet Ink (PINK:EYSM) has lost 23.08% or $0.0006 to settle at $0.002 with a volume of 266 million shares traded. The stock has penetrated its 200 day moving average of $0.001644 and has been trading far above its 50 day moving average of $0.001048. Stock has a relative strength index of 50.70 which is considered neither overbought nor oversold at this point.
Elysium Internet Inc., formerly US Biodefense, Inc., is a direct navigation Internet media company. Elysium is focused on building targeted industry-specific direct navigation-based Internet directories and portals that generate traffic for its advertising partners. The Company uses an advertisement-based subscription model to generate the majority of its revenue.
Intellect Neurosciences, Inc. (PINK:ILNS) has lost 28.57% or $0.001 to settle at $0.002 with a volume of 160 million shares. The stock price has recently pierced through its 50 day moving average of $0.002 with a relative strength index of 56.81.
Intellect Neurosciences, Inc. (Intellect) is a biopharmaceutical company engaged in the discovery and development of disease-modifying therapeutic agents for the treatment and prevention of Alzheimer's disease (AD). The Company's business is focused on granting licenses to its estate to large pharmaceutical companies and on research and development of therapies for the treatment of AD through outsourcing and other arrangements with third parties.
Washington Mutual, Inc. (PINK:WAMUQ) has lost 2% or $0.001 to settle at $0.049 with a volume of 3 million shares traded by the end of the day. the stock has been on a lengthy downtrend as it has found a resistance level on its 50 day moving average of $0.057 and far below its 200 day moving average of $0.126. The stock has a relative strength index of 28.35 which is considered to be oversold at this level.
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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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