Savanna East Africa, Inc. (PINK:NVAE) reached up 75% in morning trading to $.0007 with 43M shares traded. Savanna East Africa (SEA) is pursuing several business lines in the growing economies of East Africa, initially in Kenya. SEA is developing opportunities in the region to include initiatives in technology and systems integration services, utility support services, affordable housing and health products manufacturing. Savanna East Africa, Inc. (Pinksheets:NVAE - News) (OTCQB: NVAE) plans to finalize the acquisition of a healthcare sector manufacturing company in July and announce two new acquisition letters of intent. The Company recently concluded a series of key stakeholder meetings in Nairobi. A summary of the outcome of those meetings is reviewed in an on-demand Webcast from CEO LTC Randell Torno, including more details on the anticipated acquisition and the two new opportunities added to the Savanna acquisition pipeline.
Leading Brands, Inc. (Nasdaq:LBIX) reached up 68.98% in morning trading to $4.14 with 550K shares traded. Leading Brands, Inc. is North America's only fully integrated healthy beverage company. Leading Brands creates, designs, bottles, distributes and markets its own proprietary premium beverage brands such as TrueBlue(R) Blueberry Juice, LiteBlue(R) Blueberry Juice, PureBlue(R), PureRed(R), PureBlack(R) and PureWhite(R) SuperJuices and BabyBlue(R) childrens' superfruit blends via its unique Integrated Distribution System (IDS)(TM) which involves the Company finding the best and most cost-effective route to market. Leading Brands, Inc. (Nasdaq:LBIX - News) announces results for its first quarter of fiscal 2011, which ended May 31, 2011. All financial amounts are denominated in Canadian dollars, with all financial figures rounded to the nearest $000. Q1 net income was $448,000 or $0.13 per share ($0.12 fully diluted) versus net income of $408,000 or $0.10 per share in the same quarter of fiscal 2010. Q1 net income before stock based compensation (SBC) increased to $617,000 or $0.18 per share ($0.17 fully diluted) versus $478,000 or $0.12 per share in the same quarter last year.
HotCloud Mobile, Inc. (OTCBB:HOTM) reached up 31.03% in morning trading to $.38 with 350K shares traded. HotCloud Mobile is a leading supplier of wireless products and services designed to enhance the wireless experience. HotCloud offers the latest products on its website, including handsets, unlocked phones, specialty accessories, as well as phone insurance and exclusive mobile applications and licensed content from its in-house design team. From music and ring tones to the latest mobile apps for business or pleasure, HotCloud is the premier destination for mobile products, content and subscription services. HotCloud Mobile, Inc. (OTC.BB:HOTM - News) stated today that it is developing a cloud-based platform to host proprietary content that it intends to push to smartphones, tablets and wireless devices purchased through HotCloudMobile.com and Stars Wireless, Inc.
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