Cal-Bay International Inc. (PINK:CBYI) hit a record trading volume yesterday. The number of traded shares reached 172 million whereas just for comparison the 90-day average is 10 million. On this haevy volume, the value of CBYI shares declined by 25%.
The increased trading activity seems to originate from the announcement that was made on Monday. Then, Mr. Dennistion, CEO of CBYI, said that the company was proceeding with a couple of projects which include Green Related Business and Technology.[BANNER]
If you should go to iHub to have a look on the message board on Hi Score Corp. (PINK:HSCOD), you will see a warning which says: HSCO-HSCOD is a Multiple REVERSE SPLIT Offender. When we last covered HSCO in January, its stock had just hit a rock-bottom level of $0.0002 per share. That is why, the recent reverse stock split has hardly come as a surprise to investors.
Nevertheless, HSCOD made a quantum leap yesterday. Gaining 164%, it rallied to $0.0029 on a six-week high volume of 62.5 million, well... more
Allied Security Innovations, Inc. (PINK:ADSV) soared 20% to $0.0024 on a trade alert from OTC Tip Reporter. Trading volume reached nearly 52 million shares which is 4 times higher than the 90-day average.
The company filed a federal lawsuit against Erik Hoffer in February this year. ADSV claims that the latter deliberately published false statements about ADSV's financial position. Since then, the only updates from the company were based on the lawsuit. Therefore, the true reason why ADSV managed... more
Yesterday, El Maniel International Inc (PINK:EMLL) surged 40% on an impressively high volume. 335 million shares changed hands on the session yesterday, signaling that something important had happened and attracted the attention of investors.
In fact, yesterday EMLL announced that there were significant gold findings on the Ghana gold property. EMLL went on to make a projection of the future revenues from the gold reserves. However, no official document was provided to support the news which was published... more