Biostar Pharmaceuticals, Inc. (Nasdaq:BSPM) reached up 33.33% in morning trading to $2.96 with 3M shares traded. Biostar Pharmaceuticals, Inc., through its wholly-owned subsidiary and controlled affiliate in China, develops, manufactures and markets pharmaceutical and health supplement products for a variety of diseases and conditions. The Company's most popular product is its Xin Ao Xing Oleanolic Acid Capsule, an over-the-counter ("OTC") medicine for chronic hepatitis B, a disease affecting approximately 10% of the Chinese population. In addition to its hepatitis product, Biostar currently manufactures two broad-based OTC products, two prescription-based pharmaceuticals, one medical device and five health supplements. Biostar Pharmaceuticals, Inc. (Nasdaq:BSPM - News) ("Biostar" or "the Company") today announced financial results for the fourth quarter and full year ended December 31, 2010. • 2010 revenue increased 50.4% to $80.2 million • Aoxing sales increased 45.5% to $53.4 million in 2010 • 2010 gross profit increased 54.1% to $60.1 million; gross margin up 170 basis points to 74.9% • 2010 cash flow from operations increased 126.4% to $12.8 million • Company's rural distribution network surpasses 10,000 locations; Company focused on increasing sales and market penetration from these locations in 2011
GoSolarUSA (PINK:GSLO) reached up 32.20% in morning trading to $.349 with 1M shares traded. GoSolarUSA primarily identifies and develops new solar energy technologies in the United States. GoSolarUSA (PinkSheets:GSLO.pk - News) issued a reminder today that time is running out to sign up for the Volt Solar Charger waiting list and giveaway at GoSolarUSA.com. Thousands of iPhone users have signed up online to be among the first notified when the Volt goes on sale in North America since GoSolarUSA established the waiting list in January. GSLO will also give away a brand-new Volt to 100 randomly selected people signed up for the waiting list with no purchase necessary. With the Volt expected to reach U.S. shores soon, however, the contest window is closing fast.
Net Savings Link, Inc. (OTCBB: CXLT) reached up 21.43% in morning trading to $.51 with 6M shares traded. Net Savings Link, Inc. seeks to provide real value to both large businesses and organizations, as well as families and individuals by delivering one stop electronic access to savings, discounts, sales, coupons, specials and preferred member venues on those categories that consume the majority of today’s net disposable income. Products and services including groceries, dining, travel, shopping, wellness, banking, and communications are provided by preferred vendors, accessed through Net Savings Link's site, and in turn provided to end users ranging from large businesses to individuals. Net Savings Link, Inc. (OTC Bulletin Board CXLT) announced yesterday afternoon the introduction of their new financial make over program that will be given away to the first 100,000 members.
For a detailed quote on any of the following companies, or to read the full news articles visit PennyTrader.com
About PennyTrader.com
PennyTrader.com is a financial and investor relations website committed to covering the microcap market space including Pink Sheets and OTC Bulletin Board and sub-$5 big board stocks. We strive to provide you with the best stocks alerts in the market! We focus on OTCBB, OTC, penny stocks, sub-$5 big board stocks, and timely stocks picks and alerts. Our goal is to inform you of the HOTTEST stocks in the market before they move. Our staff has years experience in the stock market, and we are confident that you’ll be impressed with the results of our stock picks! If you wish to feature your organization on our website then you can contact us at publisher@pennytrader.com.
Disclosure: PennyTrader.com is not currently being compensated for any stocks covered in this midday report.
PennyTrader.com is not a registered investment advisers or broker/dealer. PennyTrader.com makes no recommendation that the purchase of securities of companies profiled in this press release is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the micro cap companies covered and the potential lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk. For our full disclaimer go to CLICK HERE