Micro-Caps on Watch; U.S. Energy Initiatives Corp. Inc. (USEI), Montalvo Spirits Inc. (TQLA), Fortitude Group Inc. (FRTD)

Shares of U.S. Energy Initiatives Corp. Inc. (OTC: USEI), a manufacturer and marketer of retrofit systems in the U.S. and internationally, are up sharply in trading today. At last check, USEI shares were trading 11.76% higher at $0.0095 on above average volume of 41.08 million. The stock hit an intra-day high of $0.02 earlier today. USEI shares have gained 25% in the last three trading sessions. USEI shares are climbing after the company announced that it signed a biodiesel production agreement with Promethean Biofuels. Under the terms of the agreement, the two companies will ramp up fuel production to maximum capacity. Anthony Miller, CEO of U.S. Energy Initiatives, said that this is a significant milestone for the company and it is an immediate entry into the fuel production area. Shares of Montalvo Spirits Inc. (OTC: TQLA), a development stage company engaged in the development, marketing, and distribution of alcoholic beverages primarily in the U.S., are up sharply in trading today. At last check, TQLA shares were trading 5% higher at $0.945 on above average volume of 552,029. The stock hit an all-time high of $0.95 earlier today. TQLA shares have gained 8% in the last three trading sessions. TQLA shares have been gaining momentum after the company announced that it continues to meet its expansion plans having recently secured distribution in the states of Connecticut and Oregon. Shares of Fortitude Group Inc. (OTC: FRTD), a provider of online gaming and gaming lifestyle organization services in the U.S., are soaring in trading today. At last check, FRTD shares were trading 37.50% higher at $0.0055 on above average volume of 12.04 million. The stock hit an intra-day high of $0.01 earlier today. FRTD shares are surging despite there being no recent news or development related to the company. The gains therefore could be due to some stock promotion activity.