Seven Arts Entertainment Inc. (NASDAQ: SAPX) reached up 17.86% in morning trading to $.33 with 250K shares traded. Seven Arts Entertainment Inc. is the successor to Seven Arts Pictures Plc, which was founded in 2002 as an independent motion picture production and distribution company engaged in the development, acquisition, financing, production, and licensing of theatrical motion pictures for exhibition in domestic (i.e., the United States and Canada) and foreign theatrical markets, and for subsequent worldwide release in other forms of media, including home video and pay and free television. Seven Arts Entertainment Inc. (NASDAQ: SAPX - News) ("Seven Arts") yesterday afternoon announced it has completed the acquisition of all of the capital stock of Big Jake Music ("BJM"), a newly formed record and multi-media entertainment company, for $5,000,000 of convertible preferred stock, convertible into common stock at a premium to the market price at closing, and which is subject to restricted holding periods.
Healthnostics, Inc. (PINK: HNSS) reached up 37.50% in morning trading to $.0011 with 14M shares traded. Healthnostics, Inc. is a medical products manufacturer, system manufacturer, product distribution, and consulting company. Healthnostics' subsidiary, World Wide Wipes Co., is a major manufacturer and distributor of medical and general swabs, and alcohol prep pads. World Wide Wipes market includes wipes for medical, veterinary, disinfecting, and a variety of other uses. The Company places a priority on price, quality, and convenience, providing prompt, free shipping. Healthnostics, Inc. (Pinksheets: HNSS.PK - News) announced results for the 2nd Quarter ending June 30, 2011 of $298,518 in earnings on revenue of $403,220 as compared to the same period in 2010 of a $23,772 loss on revenue of $207,942. The 2nd Quarter results also surpassed 1st Quarter earnings of $278,626 on revenue of $358,220.
Force Fuels, Inc. (OTCBB: FOFU) reached up 9.76% in morning trading to $.09 with 800K shares traded. Force Fuels, Inc.'s primary products of the company are regulated and standardized energy based products, which do not require marketing or sales force, thus completely eliminating the related expenses. These energy based products include oil, natural gas, solar, wind and hydrogen. In the oil and gas field the company plans to focus on the purchase of marginally producing shallow oil wells, which are relatively inexpensive to operate and can be optimized with existing technologies; the purchase of leases with potential for additional drilling in proven producing areas; and the acquisition of in-house know-how to further optimize production through stimulation, refurbishing and site optimization. Force Fuels, Inc. (OTC.BB: FOFU.PK - News) announced today -- With the completion of their financing and the beginning of Phase II of its drilling plan completed by Carroll Energy, Force Fuels has finished the reports needed to drill 15 new wells on the Kansas property Force Fuels acquired in 2010.
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