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Micro-Caps on Watch; Firemans Contractors Inc. (FRCN), Globalgroup Investment Holdings Inc. (GIHI), American Diversified Holdings Inc. (ADHC)

Shares of Firemans Contractors Inc. (OTC: FRCN), a full-service contractor offering professional services for commercial and government clients, are seeing a huge rally in trading today.

At last check, FRCN shares were trading 91.49% higher at $0.0090 on above average volume of 12.85 million. The stock gained 170% in the last three trading sessions.

FRCN shares have been gaining momentum after the company earlier this week announced that it benefited from a total combined repeat business of 36% and 61% in 2012 and 2011, respectively, with the stimulus seeming to stem from ongoing additions of Fortune 500 companies and major property management companies to the client portfolio.

FRCN said that its management expects approximately 92% of clients to return in 2013. Renee Gilmore, CEO of Firemans Contractors, said that FRCN’s repeat client base shows the high quality of the company’s work as well as the sheer size of the company’s clientele.

Shares of Globalgroup Investment Holdings Inc. (PINK: GIHI), provider of technology solutions for payment and collection services, are continuing to rally in trading today.

At last check, GIHI shares were trading 66.67% higher at $0.0020 on above average volume of 56.70 million. The stock has gained more than 185% in the last three trading sessions.

Earlier this month, GIHI announced new incentives under its “America’s Layaway Mall” (ALM) online merchandise layaway shopping program. ALM provides fiscally challenged consumers a viable online shopping alternative.

GIHI said earlier this month that ALM will provide year-round layaway services for consumers shopping for major brands within electronics, computers, jewelry, toys, games, home/garden, and other popular categories.

Shares of American Diversified Holdings Inc. (PINK: ADHC), a developer of mobile healthcare applications for iPhone, iPad, Android and other mobile devices, are extending their gains for the week in trading today.

At last check, ADHC shares were trading 11.84% higher at $0.0085 on above average volume of 21.92 million. The stock has now gained more than 84% in the last three trading sessions.

ADHC shares have been surging after the company announced that it eliminated its entire debt by converting it into newly authorized Preferred “B” shares.

 


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