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Micro-Caps in Focus; GraphOn Corporation (GOJO), China Health Resource Inc. (CHRI), Independence Energy Corp. (IDNG)

Shares of GraphOn Corporation (OTC: GOJO), a developer, marketer, and seller of application virtualization software and cloud computing software for various computer operating systems primarily in the U.S., are soaring in trading today.

At last check, GOJO shares were trading 17.07% higher at $0.480 on above average volume of 2.73 million. The stock hit a 52-week high of $0.55 earlier today. In the last three trading sessions, GOJO shares have gained more than 31%.

A filing made by GOJO late last month showed that on February 20th, 2013, the company’s Board of Directors approved certain bonus criteria for its President and CEO, Eldad Eilam for fiscal 2013.

Shares of China Health Resource Inc. (OTC: CHRI), a company engaged in production, processing and commercialization of Dahurian Angelica Root (DAR), are seeing a huge rally in trading today. At last check, CHRI shares were trading 156% higher at $0.0320 on above average volume of 9.87 million.

CHRI shares are surging despite there being no recent news or development related to the company. The gains therefore are likely due to some stock promotion activity.

Shares of Independence Energy Corp. (OTC: IDNG), an oil and gas company engaged in the exploration and production of oil and natural gas in the U.S., are up sharply in trading today. At last check, IDNG shares were trading 5% higher at $0.0210 on above average volume of 4.20 million. The stock hit an intra-day high of $0.03 earlier today. Despite the sharp rise in trading today, IDNG shares have fallen more than 7% in the last three trading sessions.

IDNG shares are climbing today after the company announced that it is in advanced discussions with several operators and drilling companies that are being considered for the development of the Coleman South oil and gas exploration land package, which is located in Coleman County, Texas.

 


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