Most Talked About Penny Stocks for August 27: (SHMN, MGON, BTDG, EFIR, DMGM)

August 27th, 2010 at 10:26 am Posted by

The Dean wants all of his students to check out these most talked about penny stocks for Friday, August 27, 2010:

SHMN $0.058 -4.92%
Yesterday, SOHM, Inc. (PINK: SHMN), a generic manufacturer that produces and markets generic drugs, announced that it has posted a 1,000% increase year-over-year in revenue for the second quarter ended June 30, 2010. This morning, the Company announced it has further broadened its international sales channels in Southeast Asia by signing an exclusive agreement for the marketing and distribution of its private label generic pharmaceutical products in Sri Lanka.

MGON $0.075 +4.17%
Megola Inc. (OTC: MGON) is a leading environmental solutions provider. Today, the Company announced continued textile certification tests are being conducted on fabrics used in the battle dress uniforms (BDU) for the United States Armed Forces.

BTDG $0.0081 -8.99%
B2 Digital, Inc. (PINK: BTDG) is a technological development corporation, which provides in-room and on-demand video entertainment and satellite services to the lodging industry in the United States. After market close Thursday, the Company issued a corporate update that discussed its plans to acquire Castle Creek Silver, Inc. in a share exchange agreement. Castle Creek reportedly plans to “become a mid-tier silver producer through an aggressive acquisition and development plan focused on advanced-stage projects with known silver resources exhibiting potential for expansion.”

EFIR $0.0023 +4.55%
EGPI Firecreek Inc. (OTC: EFIR) provides oil and gas production services. Today, the Company announced it has secured exclusive rights necessary to negotiate the acquisition of Terra Telecom LLC, a provider of state-of-the-art communication technologies efficiently serving all sized companies and organizations.

DMGM $0.013 +420.00%
Distribution Management Services, Inc. (PINK: DMGM) engages in the acquisition, development, and sale of real estate property. No news or business updates out for this pink sheet stock, but that hasn’t stopped DMGM from moving up as much as 500% today.