Independence Energy Corp. (OTCBB: IDNG) was among the major gainers in the OTC market today. The stock rose 5.78% to finish the day at $3.66, which is also an all-time high for IDNG. The stock traded on above average volume of 2.48 million.
IDNG rose today as the company announced the approval of a 5 for 1 forward split of its common shares outstanding in the form of a stock dividend. Under the proposed forward stock split, IDNG’s shareholders will receive four additional shares of IDNG common stock for every one share of IDNG common stock held on a yet to named record date.
Gregory C. Rotelli, President and CEO of Independence Energy, said that IDNG is pleased to propose the forward stock split since it believes that the split can have a positive impact on the relative liquidity of shares, making the company more attractive to wider range of long-term small-cap company investors.
Find out more IDNG’s forward split by reading Free Trend Analysis Report here: http://www.PennyStocksVIP.com/stocks/?q=IDNG
Cannabis Science Inc. (OTCBB: CBIS) saw significant activity in trading today. The stock ended the day 0.70% lower at $0.0710 on volume of 5.36 million. It touched an intra-day high of $0.08 CBIS rose more than 22% this week.
It was a busy week for CBIS as the company made several announcements. Earlier in the week, CBIS said that it initiated HIV TAT anti-viral drug development program. The company also said that it will be presenting at the XIX International AIDS conference, which will take place in Washington DC from July 22-27, 2012.
CBIS also announced the appointment of Dr. Roscoe M. Moore to its Scientific Advisory Board this week. Dr. Moore currently serves as the CEO and Vice Chairman of the Global Flu Consortium. Dr. Robert Melamede, CEO of Cannabis Science, said that Dr. Moore’s experience and knowledge in the medical field and his background within the FDA and US Public Health Services will be a tremendous asset to CBIS.
Find out more about the latest developments at CBIS by reading Free Trend Analysis Report here: http://www.PennyStocksVIP.com/stocks/?q=CBIS
Bio-Matrix Scientific Group Inc. (OTCBB: BMSN) fell sharply in trading today. The stock ended 18.27% lower at $0.0085 on above average volume of 43.95 million. Despite falling sharply in trading today, BMSN rose more than 183% this week.
BMSN shares soared this week as the company’s wholly-owned subsidiary, Regen BioPharma, executed an option agreement to license its stem cell intellectual property. Regen has an option to license patent #6,821,513, which covers methods of stimulating the bone marrow to generate new blood cells.
David Koos, Chairman& CEO of Bio-Matrix Scientific Group, said that BMSN is excited to get the therapy into the clinic. Koos noted that based on peer-reviewed published annual data, the therapy has the potential to restore immune function faster and more effectively than the existing standard of care.
Find out more about BMSN and its subsidiary by reading Free Trend Analysis Report here: http://www.PennyStocksVIP.com/stocks/?q=BMSN
AGR Tools Inc. ended sharply lower in trading today. AGR Tools Inc fell to an intra-day low of $0.48 in trading today before recovering slightly to finish 7.27% lower at $0.510 on above average volume of 2.15 million. AGR Tools Inc fell more than 9% this week.
AGR Tools Inc this week provided an update on its pending 700 acre oil lease acquisition The company also announced that it appointed Scott Allen as CFO. Allen, a Certified Public Accountant, has extensive experience in the oil and gas industry. As CFO, he is will be in charge of day-to-day financial management of AGR Tools Inc
Vern Wilson, CEO of AGR Tools, said that the company is thrilled to have attracted the talents of Allen as he is not only skilled in many fields of finance, but also in the energy industry.
Gain more insight on AGR Tools Inc and its business activities by reading Free Trend Analysis Report here: http://www.PennyStocksVIP.com/stocks/?q=AGRT
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