The Wet Seal, Inc. (Nasdaq:WTSLA) reached up 17% in morning trading to $4.68 with 1M shares traded. The Wet Seal, Inc. is a leading specialty retailer of fashionable and contemporary apparel and accessory items. As of July 30, 2011, the Company operated a total of 542 stores in 47 states and Puerto Rico, including 460 Wet Seal stores and 82 Arden B stores. The Wet Seal, Inc. (Nasdaq:WTSLA - News) yesterday announced results for its fiscal second quarter ended July 30, 2011, and introduced guidance for the third quarter of fiscal 2011.
SavWatt USA, Inc. (OTCBB: SAVW) reached up 18.75% in morning trading to $.0019 with 25M shares traded. SavWatt is leading the LED lighting revolution and setting the stage to obsolete the incandescent light bulb through the use of energy-efficient, environmentally friendly LED lighting. SavWatt is a market-leading innovator of LED lighting. SavWatt's product families include LED fixtures, bulbs, Street Lights and Parking Lights. SavWatt USA, Inc. (OTC.BB: SAVW.OB - News) announced today that it has entered into an exclusive worldwide license for LED lights utilizing P2i's liquid repellent nano-coating technology, see www.p2i.com.
Pengram Corporation (PINK:PNGM) reached up 58.73% in morning trading to $.10 with 350K shares traded. Pengram is an emerging gold exploration company searching the globe for outstanding gold properties primarily in favorable mining jurisdictions. Its strategy is to evaluate and acquire properties where previous work has been conducted and yielded positive results for the presence of gold. Its portfolio currently consists of four properties -- three in Nevada and one in British Columbia -- under active evaluation for development, in addition to the Long Canyon Gold Trend Mineral Claims under due diligence and negotiation for acquisition. Pengram Corporation (Pinksheets:PNGM - News) today announced it has executed new, separate option agreements on three of its key Nevada portfolio of properties Golden Snow, CPG and Fish.
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