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Micro-Cap on Watch; WebSafety Inc. (WBSI)

By Warren Paige

WebSafety Inc. (OTC: WBSI), a leading provider of mobile phone software solutions that notify parents and employers of cyber-bullying, explicit or degrading texting and unlawful internet behavior, announced on Tuesday that it will marketing its mobile phone child protection parental notification software to Mobile Posse’s smartphone customers.

WBSI said that its software will be available to Mobile Posse smartphone subscribers across North America. Commenting on the development, Rowland W. Day II, CEO of WebSafety, said that by marketing through the home screen, WBSI is taking a crucial step to launch its mobile software to a large number of mobile phone users that have direct interest in safeguarding their children’s safety.

WBSI shares are gaining momentum in trading today. At last check, the stock was trading 3.45% higher at $0.0300 on above average volume of 6.42 million. The stock is up more than 34% this week.

 

June 20th, 2012 | Tags: | Category: Hot MicroCaps

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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.