Shares of Amarantus Biosciences Inc (OTCBB: AMBS), a California based biotechnology company that develops new treatments for Parkinson’s disease and Traumatic Brain Injury, are rallying in today’s trading.
At last check, AMBS shares were trading 59.91% higher at $0.0339, with volume up from daily average of 7.01 million to 32.59 million. The stock has been trading so far in the range of $0.0212 and $0.0375.
AMBS had been recently approached by Rainbow Coral Corp (OTCBB: RBCC) to take up a joint study on the treatment of Alzheimer. Since Alzheimer is commonly result from neuronal proteins, RBCC believes that the treatment used by AMBS for Parkinson’s disease could prove beneficial to the Alzheimer patients thereby vastly increasing the market for the therapy.
Shares of Southridge Enterprises Inc (OTCPK: SRGE), a Texas based company engaged in exploration of mineral properties in Canada, are seeing a huge rally in today’s trading.
At last check, SRGE shares were trading 40.32% higher at $0.0087, with volume up from daily average of 27.27 million to 36.43 million. The stock has been trading in the range of $0.0066 and $0.0088 so far in today’s trading.
SRGE recently announced its third quarter financial results. For the period ended May 31, 2012, the company’s revenues were $942,314. The company reported net income of $311,611. This reflected the impact from the initiation of mineral production at its Cinco Minas facility in Jalisco, Mexico. SRGE currently owns several mineral properties in Mexico including the ones in Cinco Minas, Gran Cabrera, Los Compadres, La Esperanza and La Canita.
Shares of Everybody’s Phone Co (OTCPK: EVPH), a Texas based Tele Communications Company that leases telephone lines from local providers and resells its pre-paid services to customers, are soaring in today’s trading.
At last check, EVPH shares were trading 20% higher at $0.0006, with volume up from daily average of 5.76 million to 56.15 million. The stock has been trading in the range of $0.0005 and $0.0007 so far in today’s trading.
EVPH recently launched a consumer awareness campaign to increase the visibility of EVPH services to public. It had published a neighborhood focused print advertisement in the free newspaper ‘The Green Sheet’ which gets circulated among 1.7 million weekly readers. President of EVPH, Norman George said that the company forecasts to increase its revenues by 1.5 million in 2013.
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