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Top 10 Penny Stocks
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High Volume Penny Stocks

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Abakan, Inc. (ABKI) Recovers From Crash

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On August 20, Abakan, Inc. (ABKI) announced initiating a private placing of up to 18,750,000 shares of its restricted common stock at a price of $0.40 per share. ABKI stated that it expects to raise up to $7,5 million in proceeds. The private placement is scheduled to close on September 15. The company listed the reasons for making this decision. ABKI has an accumulated debt of over $4,2 million. The company also disclosed its plans of using the proceeds to develop its Cermaclad™ coating process... more

Genius Brands International, Inc. (GNUS) Announces Securing $2 Million Credit Line

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Yesterday evening, Genius Brands International, Inc. (GNUS) issued an 8-K report in which the company reported reaching an agreement with SunTrust Bank. In the terms of the agreement, GNUS secured a revolving credit line in the amount of up to $2 million. The repayment of the loan will be done through the assets of the company. It should be noted that this news was available to investors a day earlier. In an 8-K from August 19, GNUS made a statement on the credit facility which would be further detailed... more

Lithium Exploration Group, Inc. (LEXG) Hesitating Between Recent Announcements

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Lithium Exploration Group, Inc. (LEXG) stock has been on an unstable move in the last few weeks. LEXG has taken up a number of ventures and made some decisions which have reflected on the ticker's trading on the market. The last item of news published by the company got a positive reaction. Yesterday, LEXG announced that it has received the Austrian pump and will begin modifications immediately. The pump is to be modified to become a SonCav ultrasonic generator which is expected to take between four... more

SWK Holdings, Corp. (SWKH) Spikes After Securing Equity Deal

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SWK Holdings, Corp. (SWKH) soared up the charts yesterday after the company managed to close in on a $76,593,960 equity purchase. The deal was made with Carlson Capital, L.P. through the affiliated funds Double Black Diamond Offshore Ltd. and Black Diamond Offshore Limited. SWKH sold an aggregate of 55,908,000 common stock shares to Carlson Capital, L.P. pursuant to the agreement. The penny stock registered an increase of 27.43% in price on a volume of over 2 million shares trading hands. The rise... more
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