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Micro-Caps on Watch; A123 Systems Inc. (AONEQ), Seven Arts Entertainment Inc. (SAPX), Resource Ventures Inc. (REVI)

Shares of A123 Systems Inc. (PINK: AONEQ), a designer, developer, manufacturer and seller of rechargeable lithium-ion and energy storage systems, are soaring in trading today. At last check, AONEQ shares were trading 17.86% higher at $0.0330 on above average volume of 16.26 million. The stock hit an intra-day high of $0.04 earlier today. AONEQ shares have gained 32% in the last three trading sessions.

AONEQ, which filed for bankruptcy last year, recently won court’s permission for creditors’ vote on payment plan.

Shares of Seven Arts Entertainment Inc. (PINK: SAPX), operating as an independent motion picture production and distribution company, are seeing a huge rally in trading today. At last check, SAPX shares were trading 43.33% higher at $0.0086 on above average volume of 44.44 million. The stock hit an intra-day high of $0.01 earlier today. SAPX shares have gained more than 104% in the last three trading sessions.

SAPX last month reported its results of operations for the quarter ended December 31, 2013. The company posted a gross loss of $84,288 and total revenue of $182,797 for the quarter, compared to a gross loss of $412,686 and revenue of $207,790 reported for the same period in the previous year.

Shares of Resource Ventures Inc. (PINK: REVI), an emerging independent global Electric Power Production and Petroleum Exploration Company, have risen sharply in trading today. At last check, REVI shares were trading 10.34% higher $0.160 on above average volume of 3.63 million. The stock hit an intra-day high of $0.17. REVI shares have gained more than 52% in the last three trading sessions.

REVI President Bob Thompson last week announced that the company through its wholly-owned subsidiary, Global Energy Management Ltd., signed a Letter of Intent (LOI) with a renewable energy producer in the Czech Republic for the purchase of solar power facilities.


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