Penny Stocks on the Move August 2: (DATA, MSLP, NWTT, MMTE, MDTL)
August 2nd, 2010 at 12:35 pm Posted by
Today, The Dean’s noticed these penny stocks on the move:
DATA $0.89 +32.84%
This morning, DATATRAK International, Inc. (PINK: DATA) announced that Daiichi Sankyo Europe GmbH has selected the Company’s eClinical platform for a cardiovascular study encompassing 80 sites and 1,200 patients across europe.
MSLP $0.90 +20.00%
Today, MusclePharm Corporation (OTC: MSLP) added former U.S. Assistant Surgeon General Dr. Roscoe M. Moore, Jr. as its Chief Scientific Director, which is “expected to increase growth opportunities for certain MusclePharm products within the medical community.”
NWTT $0.0008 +14.29%
On July 22, 2010, NW Tech Capital, Inc. (PINK: NWTT) named Bermal Contracting Ltd. as its previously discussed Canadian merger candidate. According to this press release, “NWTT is completing negotiations with Bermal Contracting, and discussions are underway about merger logistics. Details about a definitive merger will be released shortly.”
MMTE $0.0009 +12.50%
After market close Friday, Mammoth Energy Group (PINK: MMTE) announced the signing of a letter of intent to acquire 49% of the outstanding stake of Salt Gold Inter chile Limitata’s concessions in the Salar de Maricunga located in Copiapo, Chile. This concession consists of a reported 1,008 acres, where “results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium.”
MDTL $0.03 +12.36%
Medis Technologies Ltd. (PINK: MDTL) designs, develops, and markets liquid fuel cells for commercial and military power solutions. MDTL has emerged as a mystery mover this morning, trading more than 4 times its 10-day average, and gaining as much as 68.5% on no news today.
