Shares of Cannabis Science Inc. (PINK: CBIS), a medical marijuana company, are seeing a huge rally in trading today.
At last check, CBIS shares were trading 22.06% higher at $0.0415 on above average volume of 15.13 million. The stock touched an intra-day high of $0.05 in trading today.
According to a filing made by CBIS last week, the company’s total revenue for the three-month period ended June 30, 2012 was $7,000, compared to $116,000 reported for the three-month period ended March 31, 2012.
CBIS reported a net loss of $4.49 million for the three-month period ended June 30, 2012, compared to $7.46 million reported for the same period in the previous year.
Shares of Global Karaoke Network Inc. (PINK: GKNI), a development-stage company, are soaring in trading today.
At last check, GKNI shares were trading 25% higher at $0.125 on above average volume of 1.54 million. The stock touched an intra-day high of $0.17 in trading today.
GKNI’s gains could be due to some stock promotion activity as the company has not made any major announcement in the last few days.
According to a filing made by GKNI in July, the company did not generate any revenue for the quarter ended March 30, 2012, and had a net loss of $14,000 for the period.
Shares of Pristine Solutions Inc. (OTC: PRTN), holder of intellectual property and global marketing rights to Tropine 3 through its recently acquired subsidiary Eaton Scientific Systems Ltd., are soaring in trading today.
At last check, PRTN shares were trading 18.96% higher at $0.288 on volume of 20.52 million. The stock touched an intra-day high of $0.32 in trading today.
PRTN shares are gaining today after its subsidiary announced that it entered into an agreement with RoxSan Pharmacy Inc. to provide continued specialized compound prescription of Homatropine in a novel oral suspension to support planned FDA compliant Clinical trial participants.
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