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Micro-Caps on Watch; China Teletech Holding Inc. (CNCT), Green Innovations Ltd. (GNIN), Trulan Resources Inc. (TLAN)

Shares of China Teletech Holding Inc. (PINK: CNCT), a distributor and trader of rechargeable phone cards, cellular phones, and accessories in China, are soaring in trading today. At last check, CNCT shares were trading 32.04% higher at $0.375 on above average volume of 3.17 million. The stock hit an intra-day high of $0.37 earlier today. CNCT shares have gained more than 356% in the last three trading sessions.

CNCT shares have risen sharply in the last few trading sessions even though the company has not made any major announcements. The gains may have been due to some stock promotion activity.

Shares of Green Innovations Ltd. (OTC: GNIN), an importer and distributor of bamboo-based hygienic and household products, are climbing in trading today. At last check, GNIN shares were trading 14.08% higher at $0.810 on volume of 637,057. The stock hit an intra-day high of $0.83. Despite the sharp rise in trading today, GNIN shares have fallen more than 11% in the last three trading sessions.

GNIN shares are soaring after the company announced that its wholly-owned subsidiary, Green Hygienics Inc., received vendor listing from Vallarta Supermarkets Inc. in California. Green Hygienics’ National Sales Manager, Tray Harrison said that the company is very pleased with the initial positive response that it received from Vallarta and looks forward to receiving their first purchase order over the next few weeks and shipping product for their 43 retail locations soon after.

Shares of Trulan Resources Inc. (PINK: TLAN), a mining company, are rallying in trading today. At last check, TLAN shares were trading 10.83% higher at $0.133 on above average volume of 2.04 million. The stock hit an intra-day high of $0.14 earlier today. In the last three trading sessions, TLAN shares have gained nearly 21%.

TLAN shares are gaining after the company today said that it received the required due diligence information relating to the intended acquisition of iron, gold, platinum and high value industrial mineral deposits in Chile.


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