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Micro-Caps on Watch; IceWEB Inc. (IWEB), Vendum Batteries Inc. (VNDB), Active Health Foods Inc. (AHFD)

Shares of IceWEB Inc. (OTC: IWEB), a manufacturer, marketer and seller of purpose built appliances and network and cloud-attached storage solutions, are up sharply up sharply in trading today.

At last check, IWEB shares were trading 4.69% higher at $0.0670 on above average volume of 2.23 million. The stock hit an intra-day high of $0.07 in early trading. IWEB shares have gained nearly 12% in the last three trading sessions.

IWEB shares have risen sharply in trading today after the company announced that it consummated an Exclusive Reseller Agreement with CodeLathe. Rob Howe, CEO of IceWEB, said that the company’s exclusive agreement includes lead-sharing as well as aggressive pricing for what is emerging as the hottest segment of cloud computing for 2013.

Shares of Vendum Batteries Inc. (PINK: VNDB), a developer of cellulose-based power source for the automotive and aeronautical industries, are seeing huge activity in trading today.

At last check, VNDB shares were trading at $0.0010 on above average volume of 86.12 million. The stock has gained more than 230% in the last three trading sessions.

VNDB shares’ recent gains could be due to some stock promotion activity as the company has not made any major announcement in the recent past.

Shares of Active Health Foods Inc. (OTC: AHFD), a development-stage company engaged in the development and marketing of organic bars under the Active X brand name in the U.S., are seeing a huge rally in trading today.

At last check, AHFD shares were trading 66.67% higher at $0.0015 on above average volume of 27.18 million.

AHFD shares are soaring in trading today after the company announced that on December 30, 2012, its Board of Directors entered into a definitive agreement with Manos Beverages Inc. under which AHFD will acquire Manos.

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