Trycera Financial, Inc. (OTCBB: TRYF) reached up 87.50% in morning trading to $.045 with 680K shares traded. Trycera Financial, Inc. is a financial services company specializing in the delivery of prepaid card programs, prepaid card program management, alternative credit products and bill payment reporting. The Company also markets a diverse suite of personal financial management solutions and pay as you go services that allow consumers the ability to have recurring and non-traditional payment information such as rent, utilities, insurance and wireless phone service payments reported to national credit reporting agencies. Trycera Financial, Inc. (OTC.BB: TRYF.PK - News) today announced that it has executed a Letter of Intent ("LOI") to purchase an existing business center in a high growth video email communication company.
UTStarcom Holdings Corp. (Nasdaq:UTSI) reached up 20% in morning trading to $1.44 with 500K shares traded. UTStarcom is a leading provider of interactive, IP-based network solutions in iDTV, IPTV, Internet TV and Broadband for cable and telecom operators. The Company sells its solutions to operators in both emerging and established telecommunications and cable markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient, end-to-end IP networks. UTStarcom Holdings Corp. ("UTStarcom" or "the Company") (Nasdaq:UTSI - News) today announced that its board of directors has approved a stock repurchase program of up to $20 million of its outstanding stock over the next 12 months. The stock repurchase program was approved by UTStarcom's board of directors on August 12, 2011, and became effective on August 15, 2011, for twelve months, through August 15, 2012.
Pervasip Corp. (OTCQB:PVSP) reached up 20% in morning trading to $.024 with 2M shares traded. Pervasip delivers VoIP telephone services for the residential and small business markets. Pervasip differentiates itself through a unique combination of high quality voice services, flexible back-office capabilities and automated provisioning systems. It recently entered the mobile VoIP services and applications arena, which is expected to approach 300 million users by 2013. It offers a feature-rich, low-cost, high-quality alternative to traditional phone services. Pervasip Corp. (OTCQB:PVSP) announced that its wholly owned subsidiary, VoX Communications has developed a mobile VoIP App for use on all Android mobile phones.
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