PGI Energy, Inc. (PINK:PGIE) reached up 34.62% in morning trading to $.0035 with 7M shares traded. PGI Energy, Inc., is an energy holding company, headquartered in Houston, Texas. The company’s purpose is to acquire assets in the proven producing oil and gas assets, refinery and pipeline sectors of the energy industry and other synergistic assets. The company will only acquire proven producing, and income producing assets. PGI Energy, Inc. (Pink Sheets:PGIE.pk - News) has entered into the electrical power generation market with its joint venture partners J & L Instrumentation & Power and its subsidiary Knox J & L Energy Solutions Limited. The parties will jointly develop several 1000 MW power plants in AJAOKUTA NIGERIA.
Marina Biotech, Inc. (NASDAQ:MRNA) reached up 50.27% in morning trading to $.278 with 13M shares traded. Marina Biotech is a biotechnology company, focused on the development and commercialization of RNA interference- (RNAi) and RNA-based therapeutics. The Marina Biotech pipeline currently includes a clinical program in Familial Adenomatous Polyposis (a precancerous syndrome) and two preclinical programs -- in bladder cancer and malignant ascites. Marina Biotech entered into an exclusive agreement with Debiopharm Group for the development and commercialization of the bladder cancer program. Marina Biotech's goal is to improve human health through the development of RNAi and RNA-based compounds and drug delivery technologies that together provide superior therapeutic options for patients. Marina Biotech, Inc. (NASDAQ:MRNA - News) reported data demonstrating that its proprietary technologies, its liposomal-based delivery technology SMARTICLES® as well as its Conformationally Restricted Nucleotide (CRN) technology, support the development of both microRNA (miRNA) mimetics and antagonists. Systemic administration of a SMARTICLES formulated miRNA mimetic in an orthotopic liver tumor model demonstrated inhibition of tumor growth, as indicated by a decrease in a systemic liver tumor biomarker, alpha-feto protein, and a decrease in tumor weight of greater than 80%.
SkyPeople Fruit Juice, Inc. (NASDAQ:SPU) reached up 10.56% in morning trading to $2.93 with 150K shares traded. SkyPeople Fruit Juice, Inc., a Florida company, through its wholly-owned subsidiary Pacific Industry Holding Group Co., Ltd., a Vanuatu company, holds 99.78% ownership interest in SkyPeople Juice Group Co., Ltd. ("SkyPeople (China)"). SkyPeople (China) is engaged in the production and sales of fruit juice concentrates (including fruit purees, fruit puree concentrates, and clear fruit juice concentrates), fruit beverages (including fruit juice beverages and fruit cider beverages), and other fruit related products (including primarily organic and non-organic fresh fruits, kiwifruit seeds and apple aroma) in and from the PRC. Its fruit juice concentrates are sold to domestic customers and exported directly or via distributors. Fruit juice concentrates are used as a basic ingredient component in the food industry. Its brand, Hedetang, which is a registered trademark in the PRC, is positioned as a high quality, healthy and nutritious end-use juice beverage. SkyPeople Fruit Juice, Inc. (NASDAQ:SPU - News) today announced the filing of a defamation lawsuit against Absaroka Capital Management LLC ("Absaroka Capital") and its analyst, Kevin Barnes.
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
