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Micro-Caps on Watch; Cereplast Inc. (CERP), ARX Gold Corp. (DUCP), Internet Media Services Inc. (ITMV)

Shares of Cereplast Inc. (PINK: CERP), a company engaged in the development and commercialization of bio-based resins, are soaring in trading today. At last check, CERP shares were trading 58.14% higher at $0.0340 on above average volume of 48.41 million. The stock touched an intra-day high of $0.04 earlier today. CERP shares have gained more than 69% in the last three trading sessions.

CERP shares are gaining momentum after the company announced its preliminary first-quarter 2013 revenue results. The company said that it expects to report 2013 first-quarter revenue of approximately $900,000 to $1 million, which is above the total revenue for the entire 2012 fiscal year.

Shares of ARX Gold Corp. (OTC: DUCP), a natural resource company focused on gold and precious metals, are rallying in trading today. At last check, DUCP shares were trading 39.15% higher at $0.0263 on above average volume of 6.75 million. The stock touched an intra-day high of $0.03. In the last three trading sessions, DUCP shares have gained more than 74%.

DUCP, earlier this week, provided an update on various corporate initiatives undertaken by the company’s management.

Shares of Internet Media Services Inc. (PINK: ITMV), a diversified digital media company engaged in the creation, acquisition, ownership and operation of a portfolio of integrated Internet properties, are seeing a huge rally in trading today. At last check, ITMV shares were trading 81.82% higher at $0.0300 on above average volume of 5 million. The stock touched an intra-day high of $0.05 earlier today.

According to a filing made by ITMV earlier this week, the company had a net loss of $426,998 for the year-ended December 31, 2012, compared to a net loss of $566,442 reported for the same period in the previous year.

 


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