PennyProfits Alerts
About Us:
PennyProfits.com is an Internet based financial media service, which aggregates & distributes news and corporate developments within the micro-cap and penny stock markets. PennyProfits has a research database comprised of over 6,000 companies trading on the Pink Sheets® & OTCBB. We continue to expand our offerings through internal development, such as our Capsule Awareness Program (C.A.P.) and through external partnerships.
MARKET RECAP
5/27/11 - Market Micro Recap For Week Of 5/23/11
The OTC companies tracked by PennyProfits moved down this past year, pushing the average stock price 9.7179% to the downside. Fully updated companies now numbers 4417, with the full database hovering at 6,497. See below for several headlines, which moved stocks.
Cryo-Cell International, Inc. (CCEL), one of the world's largest and most established family cord blood banks and global industry leader in innovative stem cell solutions, announced that it was evaluated by SmarTrend as among the top five companies in the Health Care Services industry with the highest earnings yield. According to the SmarTrend article, "Earnings yield is useful to compare the relative benefit of owning a stock versus owning other yield assets such as bonds. If the earnings yield is higher, stocks may be considered undervalued."
The Board of Directors of Alternate Marketing Networks, Inc. (ALTM) has authorized a cash dividend of seven cents per share on the Company's common stock. The dividend is payable on July 7, 2011 to shareholders of record as of June 22, 2011. The Company's sole operating subsidiary, National Home Delivery, Inc., is an ad agency that specializes in national newspaper media buying and placement. This is accomplished through National Home Delivery's three primary divisions, U.S. Suburban Press (USSPI), Specialty Media Solutions (SMS) and Custom Media Solutions (CMS). The Company has provided national advertisers in the U.S. with targeted advertising on a hyper-local level as well as a one-order, one-bill system. The Company has over 2,000 newspapers in its proprietary database.
ForeverGreen Worldwide Corporation (FVRG), a leading provider of nutritional foods and other healthy products, announced that it is experiencing sizeable growth in its new customer base. Paul Frampton, CFO, stated: “During April, we added over 1,000 new distributors or about 35 each day. This is over twice our monthly average and our highest number in well over a year. Even more exciting is that the dollar amount of our first-time orders is up 9% as well. Coupled with the dramatic increase in orders, this will allow the company to meet or exceed expectations of 70% revenue growth for FY 2011. The growth of first-time customers is always a key ingredient in determining future growth as it adds a new base of loyal and enthusiastic consumers that believe in our products and our message.”
Lantis Laser Inc. (LLSR) announced that it has closed on its merger with TAG Minerals Inc. ("TAG") whereby TAG will become its wholly-owned gold & mineral mining subsidiary. TAG is now set to peg and stake out previously explored and bulk sampled gold bearing areas in Zimbabwe, Africa, in conjunction with its operating associate company TAG Minerals Zimbabwe (Private) Limited. TAG intends to commence alluvial surface mining for its gold extraction activities, where the soil and ore bearing gold is very close to the surface, eliminating the need to dig deep into the earth.
4/30/10 - Market Micro Recap For Week Of 4/26/10
4/23/10 - Market Micro Recap For Week Of 4/19/10
4/9/10 - Market Micro Recap For Week Of 4/5/10
4/1/10 - Market Micro Recap For Week Of 3/29/10
3/26/10 - Market Micro Recap For Week Of 3/22/10
3/19/10 - Market Micro Recap For Week Of 3/15/10
3/12/10 - Market Micro Recap For Week Of 3/8/10
3/5/10 - Market Micro Recap For Week Of 3/1/10
2/26/10 - Market Micro Recap For Week Of 2/22/10

