Tasty Baking Company (NasdaqGM:TSTY) reached up 146.58% in morning trading to $3.97 with 1M shares traded. Tasty Baking Company, founded in 1914 and headquartered in Philadelphia, Pa., is one of the country's leading bakers of snack cakes, pies, cookies, and donuts. Flowers Foods (NYSE:FLO - News) ("Flowers") and Tasty Baking Company (NasdaqGM:TSTY - News) ("Tasty") today announced a definitive merger agreement whereby Flowers will acquire all of the outstanding shares of Tasty common stock for $4.00 per share in cash for a total purchase price of approximately $165 million, including Tasty's existing indebtedness.
AISystems, Inc. (OTCBB:ASYI) reached up 72.22% in morning trading to $.155 with 400K shares traded. AISystems has developed a unique, proprietary business platform software system for the airline industry called jetEngine™, which is comprised of systems and mathematical algorithms capable of generating significant profitability improvements through strategic business planning capabilities, resource scheduling, revenue management and integrated operations. AISystems, Inc. (OTC.BB:ASYI - News) ("AISystems" or the "Company") today announced that it is inviting selected airlines, airline industry planners, executives, management consultants and financial analysts to participate in its jetEngine™ Business Planning Suite ("jetEngine™ BPS") Beta Customer Program.
Energtek Inc. (PINK:EGTK) reached up 14.71% in morning trading to $.195 with 800K shares traded. Energtek develops and applies innovative low-pressure mobile transportation solutions for industrial consumers and fleets of small vehicles. The company is also involved with oil and gas exploration in Israel. Energtek operates subsidiaries in North America, Europe, Asia and the Middle East. Energtek Inc. (Other OTC:EGTK.PK, Pink Sheets: EGTK) announced today that the company signed a multi-million dollar contract, with expected accumulated revenues near $100MM over the ten-year contract period, to sell natural gas to one of the largest commercial entities in Bosnia and Herzegovina.
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