HyperSolar, Inc. (HYSR) spiked yesterday after the company made an announcement that triggered a positive market reaction. HYSR issued a press release in which the company announced it has successfully developed a novel system architecture which can be used to efficiently separate and produce renewable pure hydrogen from sunlight and air.
The technological achievement of HyperSolar was dubbed as a “breakthrough” by the company and the market......more
After a couple of weeks of low trading volume, Cannabis Kinetics, Corp. (CANK) got back among the more highly traded OTC penny stocks. CANK regained its position upon signing a definitive agreement to purchase all of the operating assets of a company called The Big Tomato.
The deal was in the works for about a month. The letter of intent for the acquisition was signed on September 17 and later amended on October 2. An 8-K was received on October 8 by the SEC,......more
Vuzix, Corp. (VUZI) bounced up the charts on Friday after the company announced that SAP has launched two enterprise applications that support the company's Vuzix M100 smart glasses. The augmented reality applications are called SAP® AR Warehouse Picker and SAP® AR Service Technician. This announcement propelled VUZI stock up, as the ticker closed at the $3.00 mark in the last trading day of the week, gaining $0.26 in price.
On Monday, however,......more
Ekso Bionics Holdings, Inc. (EKSO) managed to pick up momentum last week. On Wednesday, the company announced engaging in a humanitarian venture for aiding in the rehabilitation process of war veterans. EKSO issued a press release on October 15, announcing the company had received an order from the Jesse Brown VA Medical Center in Chicago for three of the Ekso GT™ robotic exoskeletons.
The exoskeletons will be used in general neuro rehabilitation......more
Cardinal Energy Group, Inc. (CEGX) got back in the green last Thursday after a few sharp corrections. CEGX stock has been rather volatile as of late, bouncing up and down for no apparent reason. Can the progress the company recently reported get it on the right track long term?
Although penny stocks' movements are usually hard to predict, getting a better look at CEGX's recent venture initiatives could help set the bar for the expectations on the company's......more