Popular Penny Stocks for September 1: (BRGO, GCKO, MMTC, IDYLF, ICOA)
September 1st, 2010 at 9:32 am Posted by
These five small cap companies have emerged as popular penny stocks for Wednesday, September 1, 2010:
BRGO
Bergio International, Inc. (OTC: BRGO) is a jeweler that creates of the world’s largest diversified jewelry designers and manufactures through acquisitions and consolidation in an estimated $160 billion a year fragmented independently owned jewelry market. On August 12, 2010, the Company reported second quarter sales of $437,893, an increase of 40%. In the first six months of 2010, sales reportedly increased from $454,307 to %48,995, with gross margins improving by 28% for second quarter and 43% for the six month period ended June 30, 2010. This was the Company’s latest development.
GCKO
GeckoSystems International (PINK: GCKO) produces mobile robot solutions for safety, security and service that are reportedly “appropriate not only for the consumer, but also professional healthcare, commercial security and defense markets.” On August 23, 2010, in the Company’s most recent press release, GCKO announced a national provider of corporate, industrial and residential security solutions and proprietary monitoring systems expressed interest in using the Company’s SecurityBots.
MMTC
Micro Identification Technologies, Inc. (OTC: MMTC) has developed, patented and produced a rapid microbial identification system, which “revolutionizes the bacteria ID process and can annually save thousands of lives and tens of millions of healthcare dollars.” After market close Tuesday, the Company issued a report discussing its independent testing, manufacturing, sales and financing goals. Within this press release, MMTC addresses the rapid testing methods market which exceeds $5 billion annually and is expected to increase to $6.2 billion by 2013.
IDYLF
Imaging Dynamics Company, Ltd. (PINK: IDYLF) produces an environmentally friendly and cost-effective solution in digital diagnostic imaging, including high growth radiography (DR) equipment. On August 13, 2010, the Company announced a 64.5% increase in revenues for the second quarter ended June 30, 2010. The Company has not issued news since then, and has not seen any trading volume in over a week.
ICOA
ICOA, Inc. (PINK: ICOA) provides broadband wireless and wired Internet networks and managed services in high-traffic public locations in the United States. Although the Company hasn’t issued news in the past couple of months, ICOA traded 82,235,392 shares, or more than its 10-day average volume, yesterday.
