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Micro-Caps on Watch; M Line Holdings Inc. (MLHC), Goff Corp. (GOFF), Lot78 Inc. (LOTE)

Shares of M Line Holdings Inc. (PINK: MLHC), a provider of various products and services to the machine tool industry in the U.S., are seeing a huge rally in trading today. At last check, MLHC shares were trading 404.90% higher at $0.103 on above average volume of 3.31 million. The stock hit a 52-week high of $0.28 earlier today.

MLHC shares are soaring despite there being no recent news or development related to the company. The gains therefore could be due to some stock promotion activity.

Shares of Goff Corp. (OTC: GOFF), a company engaged in gold exploration with a view to developing highly prospective gold projects, are marginally lower in trading today. At last check, GOFF shares were trading 0.15% lower at $0.338 on volume of 6.66 million. The stock hit a 52-week high of $0.35 earlier today. Despite the decline in trading today, GOFF shares have gained more than 18% in the last three trading sessions.

GOFF shares are struggling today even as the company’s wholly-owned subsidiary, Golden Glory Resources S.A., on Wednesday, announced a multi-phase exploration program for its newly acquired Gold Project in Department of Caldas, Colombia.

Shares of Lot78 Inc. (OTC: LOTE), a designer, marketer, distributor and seller of urban apparel, are climbing in trading today. At last check, LOTE shares were trading 5.36% higher at $1.18 on above average volume of 191,568. The stock has gained more than 24% in the last three trading sessions.

LOTE shares are gaining momentum after the company announced that it extended its global distribution agreement with online retailer NET-A-PORTER.


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