Bookmark and Share

Micro-Caps on Watch; IceWEB Inc. (IWEB), Green Innovations Ltd. (GNIN), Echo Automotive Inc. (ECAU)

Shares of IceWEB Inc. (OTC: IWEB), a manufacturer, marketer and seller of purpose-built appliances and network and cloud attached storage solutions, are soaring in trading today. At last check, IWEB shares were trading 31.82% higher at $0.0435 on above average volume of 31.72 million. The stock touched an intra-day high of $0.05. IWEB shares have gained nearly 36% in the last three trading sessions.

Earlier this week, IWEB announced that it received an order from a county government for a complex IceWEB storage installation valued at $295,830.

Shares of Green Innovations Ltd. (OTC: GNIN), an importer and distributor of bamboo-based hygienic and household products, are seeing a huge rally in trading today. At last check, GNIN shares were trading 33.09% higher at $0.905 on volume of 1.44 million. The stock hit an intra-day high of $0.94.

GNIN shares are gaining momentum after the company announced that its wholly-owned subsidiary, Green Hygienics completed the initial purchase order-delivery-pay cycle with recent first time customer JONS International Marketplace.

Shares of Echo Automotive Inc. (OTC: ECAU), a manufacturer of cost reduction technology for converting fleet vehicles into highly fuel efficient plug-in hybrids, are rallying in trading today. At last check, ECAU shares were trading 42.29% higher at $0.498 on above average volume of 1.41 million. The stock hit an intra-day high of $0.59. Despite today’s rally, ECAU shares have fallen more than 2% in the last three trading sessions.

ECAU shares are surging today after the company announced that it completed private placement financing. CEO Dan Kennedy said that the financing gives the company additional working capital to continue furthering its technology and executing on its business plan. Kennedy added that the company’s focus continued to be on building its business.


Leave a Reply

  

  

  

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


-------------------------------------------------------------------------------------------------------------------------
All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.