Cardio Infrared Technologies, Inc. (PINK:CDOI) reached up 38.97% in morning trading to $.0542 with 13M shares traded. Cardio Infrared Technologies, Inc. is a technology and marketing company, which is focused on developing the revolutionary and evolutionary process of combining exercise equipment with medical benefits that go far beyond the normal benefits of standard exercise equipment. Cardio Infrared Technologies, Inc. is committed to continue to market this equipment to the exercise and medical markets and to aggressively expand the market into every country around the world. Cardio Infrared Technologies, Inc. (Pinksheets:CDOI - News) CEO Wayne Bailey issued a statement today addressing the eligibility of the Company's securities with the Depository Trust and Clearing Corporation ("DTC").
Southern Community Financial Corporation (NASDAQ:SCMF) reached up 16.05% in morning trading to $4.41 with 30K shares traded. Southern Community Financial Corporation is headquartered in Winston-Salem, North Carolina and is the holding company of Southern Community Bank and Trust, a community bank with twenty-two banking offices throughout North Carolina. Southern Community Financial Corporation (NASDAQ:SCMF - News) announced that it earned $511 thousand in the second quarter of 2011, equating to $0.03 per common share. This is its first profit since the onset of the financial crisis in fourth quarter of 2008.
Digagogo Ventures Corp. (OTCBB:DOGO) reached up 10% in morning trading to $.66 with 350K shares traded. Digagogo Ventures Corp. is developing a digital sales and distribution network designed to connect households together and enable individuals to buy or sell items within a local community. Digagogo Ventures Corp. (OTC.BB:DOGO - News) announced that the Company's securities have commenced trading on the Börse Berlin Stock Exchange (www.boerse-berlin.com) under the symbol "6DG."
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
