Thwapr, Inc. (OTCBB: THWI) reached up 26.19% in morning trading to $.053 with 1M shares traded. Thwapr empowers brands to mobilize, monetize and socialize content, extending distribution reach while delivering the highest possible quality and user experience regardless of device, network or carrier. Founded by digital video pioneers from Apple, Avid and MTV, Thwapr's patent-pending technology is revolutionizing mobile video. Thwapr is making branded mobile video sharing easy, and reliable so marketers can reach the hundreds of millions of consumers with Web-enabled mobile devices. Thwapr, Inc. (OTC.BB: THWI) announced yesterday it was selected by MSG Varsity to provide mobile video services for its video content. MSG Varsity is a multi-platform suite of services comprised of an Emmy award-winning 24/7 HD television network, a comprehensive online destination, and a groundbreaking interactive service, all dedicated to high school sports, academics and activities happening throughout the tri-state area.
Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) reached up 14.02% in morning trading to $1.83 with 2M shares traded. Arena is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing oral drugs that target G protein-coupled receptors, an important class of validated drug targets, in four major therapeutic areas: cardiovascular, central nervous system, inflammatory and metabolic diseases. Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) and Eisai Inc. announced today that the US Food and Drug Administration (FDA) has accepted for filing and review Arena's resubmission of the New Drug Application (NDA) for lorcaserin. The FDA considers the resubmission a complete, class 2 response, and assigned a new Prescription Drug User Fee Act (PDUFA) target date of June 27, 2012.
Mad Catz Interactive, Inc. (AMEX/TSX: MCZ) reached up 10.71% in morning trading to $.62 with 200K shares traded. Mad Catz Interactive, Inc. is a global provider of innovative interactive entertainment products marketed primarily under its Mad Catz® (casual gaming), Cyborg™ (pro gaming), Tritton® (gaming audio), Saitek® (simulation), and Eclipse™ (home and office) brands. Mad Catz also develops flight simulation software through its internal ThunderHawk Studios™; operates flight simulation centers under its Saitek brand; operates a videogame content website under its GameShark® brand; publishes games under its Mad Catz brand; and distributes games and videogame products for third parties. Mad Catz distributes its products through most leading retailers offering interactive entertainment products and has offices in North America, Europe and Asia. Mad Catz Interactive, Inc. (“Mad Catz”) (AMEX/TSX: MCZ) announced today the F.R.E.Q.5 Pro Gaming Headset for PC, expected to ship Spring 2012 and being released under the Company’s Cyborg professional gaming brand.
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