Penny Stocks News

A bankruptcy court approved Patriot Coal Corporation’s (PINK:PCXCQ) $802 million debtor-in-possession financing.

First some blockbuster news comes out, then the share price skyrockets, a few investors are hooked in, and finally the stock tumbles. A classic pump and dump scheme. One such classic pump and dump scheme seems to be Great Wall Builders Ltd. (OTC:GWBU), which claims to own a patent pending technology that can reduce vehicle […]

KMA Global Solutions International Inc. (PINK:KMAG) shares have been among the biggest gainers on the OTC market in the last six months. KMAG, whose mission is to become the preferred supplier of source tagging products, has not just seen a sharp rise in its shares but even its revenue. Earlier this month, KMAG said that […]

Oil and gas exploration and development company Independence Energy Corp. (OTC:IDNG) has taken yet another step towards building a long-term pipeline of new projects by executing a definitive agreement for acquisition of up to 25% working interest in Coleman South Lease exploration joint development project in Coleman County, Texas. With the latest agreement, IDNG is […]

Cleantech Transit Inc. (OTC:CLNO) has been one of the biggest gainers on the OTC market this week. The stock has posted gains of more than 200% this week. So what is driving CLNO shares higher? Cleantech shares have been gaining momentum after the company this week said adopted a new business development strategy. CLNO said […]

AMR Corp. (PINK:AAMRQ), the parent company of American Airlines, commenced talks with its pilots about concessions on Monday. AMR’s held similar discussions with flight attendants, but failed to reach an agreement on cost-cutting measures. The discussions between AMR and its unions are being mediated by a federal judge. In case, the bankrupt company fails to […]

Eastman Kodak Company (PINK:EKDKQ) shares fell sharply on Thursday, extending their losses for May. The stock fell 5.85% to finish the day at $0.161. The stock tumbled more than 43% in the month of May. Last month, Eastman Kodak suffered a major setback in its bankruptcy process after an International Trade Commission (ITC) judge ruled […]

Thwapr Inc. (OTC:THWI) is the developer of a mobile video sharing platform. According to THWI, its cloud-based mobile video sharing platform helps in sending quality video content from any mobile device, network or carrier. THWI believes that its platform can help brands to generate additional revenue by mobilizing their existing content. THWI itself expects to […]

Cannabis Science Inc. (OTC:CBIS), a development-stage company engaged in the development, production and commercialization of phytocannabinoid-based pharmaceutical products, is an emerging company in the highly controversial medical marijuana industry. Based in Denver, Colorado, CBIS has made some steady progress this year, and this reflects in the company’s shares’ performance in 2012...

Advanced Cell Technology Inc. (OTC:ACTC) shares rose sharply on Monday, extending their gains from last week. ACTC shares rose 8.01% to finish at $0.0890 on Monday, taking their gains in the last three trading sessions to over 23%. Advanced Cell Technology, which is a leading company in the field of regenerative medicine, this month, released […]