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INFRAX Systems (IFXY): Acquisition of Southern Power & Controls (SPC)

Posted on July 5, 2011 by PennyStockHaven in OTC news

INFRAX Systems (IFXY) announced that it has entered into an agreement to acquire Southern Power & Controls (SPC), a privately-held electrical contractor. Acquisition terms include 100% of Southern Power & Controls for $4.9M mostly in cash, plus a combination of notes and stock at closing. Founded in 1994, SPC is a eighty employee, full-service electrical […]

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Smokefree Innotec (SFIO): Back to Life?

Posted on July 1, 2011 by PennyStockHaven in OTC news

Three CEOs face civil and criminal charges of stock manipulation in yesterday’s SEC release. One of them was Thomas Schroepfer, President of Smokefree Innotec, Inc. Smokefree Innotec, Inc. (SFIO) announced that Thomas Schroepfer resigned: Smokefree Innotec Accepts Resignation of President Thomas Schroepfer Today Marketwire   “Press Releases” LAS VEGAS, NV — (MARKET WIRE) — 07/01/11 — George Roth […]

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Global Earth Energy (GLER) & Modern Coal Receive $360 Million, 3-Year Contract

Posted on June 28, 2011 by PennyStockHaven in OTC news

Global Earth Energy (GLER) and Modern Coal, LLC, announced today that through Global Earth Natural Resources, their jointly-owned limited liability company, that they have received a contract estimated to be $360 million over a 36-month period. GLER closed up 75.86% on almost 257M shares. News: WILMINGTON, NC–(Marketwire – 06/28/11) – Global Earth Energy, Inc. (GLER) […]

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iTeknik Holding Corporation (ITKH): Reduces Outstanding Shares

Posted on June 28, 2011 by PennyStockHaven in OTC news

iTeknik Holding Corporation Reduces Outstanding Common Shares by 38% Marketwire   “Press Releases” COMMERCE, MI — (MARKET WIRE) — 06/28/11 — iTeknik Holding Corporation (PINKSHEETS: ITKH) today announced that the Board of Directors has approved measures to reduce the issued and outstanding shares of iTeknik common stock by 300 million shares. The result of the action reduces […]

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Legends Business Group (LGBS): in Talks to Build Hydrogen Plant

Posted on June 28, 2011 by PennyStockHaven in OTC news

Legends Business Group in Talks With Solier Energy Tek to Aid in Efforts to Build Hydrogen Plant in Florida GlobeNewswire   “Press Releases” MIAMI , June 28, 2011 (GLOBE NEWSWIRE) — Legends Business Group (Pink Sheets:LGBS) today announced it has entered into talks with Orlando -based Solier Energy Tek to help the alternative energy company get the […]

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Southern Home Medical (SHOM): Record Oxygen Usage in APNEA Rx Division

Posted on June 28, 2011 by PennyStockHaven in OTC news

Southern Home Medical Reports Record Oxygen Usage in APNEA Rx Division in the Second Quarter Marketwire   “Press Releases” LYMAN, SC — (MARKET WIRE) — 06/28/11 — Southern Home Medical Equipment, Inc. (PINKSHEETS: SHOM), a holding company providing healthcare services, staffing and durable medical equipment to medical institutions, announced today expansion in its APNEA Rx durable medical […]

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Shrink Nanotechnologies (INKN): Sales of Its First Commercial Product

Posted on June 28, 2011 by PennyStockHaven in OTC news

Shrink Nanotechnologies to Begin Sales of Its First Commercial Product – The StemDisc 450 Stem Cell and Cell Culture Product PR Newswire   “Press Releases US – English” IRVINE, Calif. June 28, 2011 /PRNewswire/ — Shrink Nanotechnologies, Inc. (“Shrink”) (OTC Markets: INKN), an innovative high technology innovation and development company announced today, that this week it will […]

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OTC Stock Market: Last Minutes & After-Hours News

Posted on June 20, 2011 by PennyStockHaven in Commentary, OTC news

EC Development, Inc. (EXDI): EC Development, Inc. Signs Agreement to Supply Tahoe CMS Technologies to Atlantis Internet Group Corporation SHAWNEE, OK — (MARKET WIRE) — 06/20/11 — EC Development, Inc. (PINKSHEETS: ECDI) announced today that it has entered into a supply and distribution agreement with Atlantis Internet Group Corporation (ATIG). As part of the agreement, […]

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MusclePharm (MSLP): Licensing Deal with MMA ELITE of UMB, LLC

Posted on June 20, 2011 by PennyStockHaven in OTC news, Stock Picks

MusclePharm to Launch MMA ELITE Supplement Line in Walmart DENVER , June 20, 2011 /PRNewswire/ — MusclePharm Corporation , a Nevada Corporation (” MusclePharm ” or the “Company”) (OTCBB: MSLP), an expanding U.S. Nutritional Supplement Company , is pleased to announce a licensing deal with retail giant MMA ELITE of UMB, LLC (Ultimate Brand Management). […]

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BMOD: Patent Awarded to Cancer Diagnostics Company Biomoda

Posted on June 14, 2011 by PennyStockHaven in Commentary, OTC news, Stock Picks

Biomoda Awarded Patent Expanding Use of CyPath® Assay ALBUQUERQUE, N.M.–(BUSINESS WIRE)– Cancer diagnostics company Biomoda, Inc. (OTC BB:BMOD) received Notice of Allowance for a U.S. Patent issued today that expands on use of the CyPath® assay to include patient response to cancer therapy during the treatment phase of the disease. “Our pilot clinical study demonstrated […]

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