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Micro-Cap in News; Evader Inc. (EVDR)

By Warren Paige

Evader Inc. (PINK: EVDR) today announced the filing of sufficient disclosure documents in order to improve its ranks on Pink Sheets.

EVDR said that it has obtained the Current Info Rank Icon Status, which clears the way for the company’s merger with DR Robotics Company. Obtaining the Current Info Rank Icon Status was the last remaining condition ahead of EVDR’s merger with DR Robotics.

EVDR shares are seeing significant activity in trading today. At last check, the stock was down 10% to $0.0009 on above average volume of 32.51 million. The stock has gained 50% in the last one month.

June 25th, 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.