Penny Stocks to Watch August 19: (AQUM, MGON, FLPC, SMCE, MBHS)
August 19th, 2010 at 8:30 am Posted by
These are The Dean’s penny stocks to watch for Thursday, August 19, 2010:
AQUM
Aquamer Medical Corp. (OTC: AQUM) a development stage medical device company, focuses on the development and commercialization of injectable biocompatible products. Its products consist of a water-based polymer technology, which is utilized as a tissue-bulking agent in the fields of dermatology, urology/gynecology, and gastroenterology. On Tuesday, the Company announced a media and investor conference scheduled for today at 1PM EST at the NASDAQ MarketSite.
MGON
At market close, Megola Inc. (OTC: MGON), a leading environmental solution provider, announced its Anti-Fire product, Hartindo AF21, a water-based, non-toxi fire inhibitor has been sold to a US-based company “that is one of the largest textile and chemical manufacturers in the world with annual sales in excess of 3 billion dollars.”
FLPC
First Liberty Power Corp. (OTC: FLPC) is an exploration stage company engaged in the acquisition, exploration, development, mining, and production of mineral properties in the United States. On Monday, the Company announced that the gravity survey of its Lida Valley lithium claim in Nevada has been completed and provided positive results. FLPC has gained as much as 53% since Monday’s open.
SMCE
After market close Tuesday, SMC Recordings Inc. (PINK: SMCE) announced the renewal of their long-term contract with Fontana, an independent marketing, sales and distribution subsidiary of Universal Music Group, “the world’s leading music company.” SMCE gained 12% in trading Wednesday.
MBHS
On Wednesday, mBeach Software Inc. (OTC: MBHS) and its wholly owned subsidiary, Skin Cancer Scanning Ltd. (SCS), a medical device company, announced the filing of additional patent applications under the framework of the Patent Cooperation Treaty (PCT), which could “facilitate the advanced, non-invasive system to detent and identify skin cancer.”
