Yesterday, a press release came in mid session from Cannabis Science, Inc. (CBIS), announcing an agreement the company had entered into. CBIS reportedly signed a drug development and laboratory services agreement with ImmunoClin, Corp. (IMCL). Under the agreement, CBIS will work in collaboration with its new partner through its wholly-owned UK subsidiary, ImmunoClin, Ltd. to advance clinical studies and formulations of CBIS' proprietary cannabinoid......more
After two weeks of losing value in price, the stock of Implant Sciences, Corp. (IMSC) managed to close a session in the green at the end of last week. At the outset of this week, however, IMSC was back in the red, continuing its downward spiral. This came about after the company filed its annual disclosure on the date it promised to.
It often happens that penny stocks go up after timely submitting a financial report, even if the results are not that......more
Adaptive Medias, Inc. (ADTM) has been going up the charts ever since announcing the launch of its flagship platform, the Media Graph platform. ADTM made the announcement for the launch in a press release dated September 18. The product offering was described as a means for providing publishers, producers, and advertisers the ability to monetize digital video content across all screens and devices through one centralized solution.
The impact this announcement......more
Just a couple of weeks ago, Elray Resources, Inc. (ELRA) was one of the triple zero penny stocks who appeared to have no perspective. The landscape changed for ELRA when the company issued a press release on September 19, informing its shareholders that the plans for a reverse stock split that was to occur on September 22 had been canceled.
In that day's session, ELRA saw an increase in price of nearly 289%, going from $0.0009 to $0.0035. The next......more
It has not been a stable run for Ener-Core, Inc. (ENCR) lately. The company recently entered into a $4 million equity financing that got a discrepant reaction. When ENCR announced the deal on September 19, the ticker soared up on a volume of over 6,2 million shares trading hands. The high demand had a price to pay, however, as the ticker crashed by 30.72%, losing over $0.10 in share value.
The day after, ENCR went through a positive correction, gaining......more