1st Mariner Bancorp (OTCBB: FMAR) reached up 115.38% in morning trading to $.14 with 150K shares traded. 1st Mariner Bancorp is a bank holding Company with total assets of $1.2 billion. Its wholly owned banking subsidiary, 1st Mariner Bank, operates 22 full service bank branches in Baltimore, Anne Arundel, Harford, Howard, Talbot, and Carroll counties in Maryland, and the City of Baltimore. 1st Mariner Mortgage, a division of 1st Mariner Bank, operates retail offices in Central Maryland and the Eastern Shore of Maryland. 1st Mariner also operates direct marketing mortgage operations in Baltimore. 1st Mariner Bancorp (OTCBB: FMAR.OB) announced Friday that Edwin F. Hale Sr., chairman and chief executive officer of the company and bank, retired from the board and his executive capacity effective December 22, 2011.
Crystallex International Corporation (TSX:KRY)(OTCQB:CRYXF) reached up 37.50% in morning trading to $.066 with 400K shares traded. Crystallex International Corporation is a Canadian based mining company, with a focus on acquiring, exploring, developing and operating mining projects. Crystallex has successfully operated an open pit mine in Uruguay and developed and operated three gold mines in Venezuela. The Company's principal asset is its international claim in relation to its investment in the Las Cristinas gold project located in Bolivar State, Venezuela. Crystallex International Corporation (TSX:KRY.TO)(OTCQB:CRYXF.PK) announced Friday afternoon that it has obtained an order from the Ontario Superior Court of Justice (Commercial List) for protection under the Companies' Creditors Arrangement Act (Canada) (NCAA). Ernst & Young Inc. was appointed monitor under the order. Subject to the order, proceedings by creditors and others cannot be continued or commenced without the consent of the Company and the monitor, or leave of the court.
Kandi Technologies, Corp. (NASDAQ: KNDI) reached up 7.04% in morning trading to $3.80 with 150K shares traded. Kandi Technologies, Corp. is a manufacturer and exporter of a variety of vehicles in China, making it a world leader in the production of popular off-road vehicles (ORVs). It also ranks among the leading manufacturers in China of all-terrain vehicles (ATVs), specialized utility vehicles (UTVs), and a recently introduced second-generation high mileage, two-seat three-wheeled motorcycle. Another major company focus has been on the manufacture and sale of the COCO electric vehicle (EV), a highly economical, beautifully designed, all-electric super mini-car for neighborhood driving and commuting. The convertible and hardtop models of the COCO EV are available in the United States and other countries, while the Chinese government has approved the sale of Kandi EVs in China since 2010. Kandi Technologies, Corp. (the 'Company' or 'Kandi') (NASDAQ: KNDI) announced Friday the Company and State Grid jointly demonstrated the Express-Battery Technology at China International Electric Vehicle and Charging Equipment & Storage Technology Exhibition sponsored by the China Electricity Council (CEC) in Haikou City, Hainan Province this past week from December 19th to 21st, 2011.
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