Shares of Sunpeaks Ventures Inc. (OTC: SNPK), a distributor of hard-to-fund and specialty drugs to the healthcare provider market, are continuing to rally in trading today.
At last check, SNPK shares were trading 27.78% higher at $0.0690 on above average volume of 5.75 million. The stock touched an intra-day high of $0.08 in trading today. SNPK has gained more than 58% in the last three trading sessions.
The rally in SNPK shares was sparked after the company earlier this week announced its second-quarter financial results. For the quarter ended June 30, 2012, SNPK reported gross sales of $1.23 million on a non-adjusted basis.
SNPK also said that it is continuing to expand its pharmaceutical license base and is now licensed in 30 states.
Shares of Medical Marijuana Inc. (PINK: MJNA), a company operating in the medical marijuana and industrial hemp markets, are extending their gains in todayâ€™s trading.
At last check, MJNA shares were trading 6.81% higher at $0.0486 on above average volume of 8.69 million. The stock has now gained more than 40% in the last three trading sessions.
MJNA shares have been rallying after the company reported its second-quarter financial results. For the second quarter ended June 30, 2012, MJNA reported gross revenue of $2.40 million. The companyâ€™s net income for the period was $1.47 million.
CEO Michael Llamas said that MJNA has spent the last year and a half essentially getting its house in order by clarifying the growth strategy and systematically identifying, acquiring and growing early stage companies across the spectrum of the medical marijuana and hemp industries from product development and production to retail sales.
Shares of All American Pet Co. Inc. (PINK: AAPT), a producer of healthy products for dogs, are continuing to rally in trading today.
At last check, AAPT shares were trading 20.37% higher at $0.0325 on above average volume of 6.55 million. The stock has now gained more than 51% in the last three trading sessions.
AAPT shares have been gaining momentum after the company this week announced that demand for its NutraBarsâ„˘ has exceeded its initial production run owing to wide retail buyer reception.