Shares in GrowLife Inc. (OTC: PHOT), a manufacturer and marketer of horticulture and lifestyle products in the U.S. and internationally, are up sharply in trading today. At last check, PHOT shares were trading 15.38% higher at $0.0525 on above average volume of 14.92 million. The stock has gained over 22% in the last three trading sessions.
Earlier this week, PHOT announced that it completed the acquisition of Rocky Mountain Hydroponics LLC, Evergreen Garden Center LLC and online portal 58Hydro.com. Following the completion of the acquisition, PHOT has become one of the largest and most diversified conglomerates related to indoor gardening in the U.S.
Shares of Global Clean Energy Inc. (OTC: GCEI), a cleantech corporation engaged in the development and marketing of proprietary technology in waste to energy management, are soaring in trading today. At last check, GCEI shares were trading 28.21% higher at $0.0250 on above average volume of 8.99 million. The stock hit an intra-day high of $0.03 earlier today.
Earlier this month, GCEI provided an update on its funding and operations. Brian Levine, COO of Global Clean Energy, said that the company will ensure its shareholders are updated on tangible developments and agreements as it creates a valuable footprint in North America.
Shares of Dragon Capital Group Corp. (OTC: DRGV), a company engaged in the development and integration of software applications mainly in China, are rallying in trading today. At last check, DRGV shares were trading 11.43% higher at $0.0039 on above average volume of 13.23 million. The stock hit an intra-day high of $0.01 earlier today.
DRGV shares are gaining momentum after the company provided updated financial guidance for the full year 2013. The company expects 2013 revenue to increase 20% to $24 million. Net income for 2013 is expected to increase 67% to $1 million.
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