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Micro-Caps on the Move; Titan Energy Worldwide Inc. (TEWI), Independence Energy Corp. (IDNG), Medical Marijuana Inc. (MJNA)

Shares of Titan Energy Worldwide Inc. (PINK: TEWI), a company engaged in the management and sale of power generation equipment and energy management solutions to industrial, commercial, and institutional customers globally, have skyrocketed in trading today.

At last check, TEWI shares were trading 452.22% higher at $0.0497 on above average volume of 33.48 million. The stock hit an intra-day high of $0.05 in trading today.

TEWI earlier this week released its preliminary 2012 financial results. The company’s revenue for 2012 rose 36% over 2011. The company posted positive EBITDA for 2012.

Jeffrey Flannery, CEO of Titan Energy Worldwide, said that 2012 was the year that TEWI emerged as a significant national participant in the growing emergency and backup power industry.

Shares of Independence Energy Corp. (OTC: IDNG), an oil and gas company, are soaring in trading today. At last check, IDNG shares were trading 37.99% higher at $0.0247 on above average volume of 15.47 million. The stock hit an intra-day high of $0.04 earlier today. IDNG shares have gained more than 165% in the last three trading sessions.

IDNG shares are soaring in trading today after the company announced completion of acquisition of Coleman South Oil and Gas land package in Texas.

Shares of Medical Marijuana Inc. (PINK: MJNA), a company engaged in the medical marijuana and industrial hemp markets, are climbing in trading today. At last check, MJNA shares were trading 2.50% higher at $0.287 on volume of 5.87 million. The stock hit an intra-day high of $0.32 earlier today. Despite the gains today, MJNA shares have fallen more than 7% in the last three trading sessions.

MJNA shares are gaining after the company announced that its brand received favorable press in Massachusetts.