Genta Incorporated (GETA), American Lithium Minerals Inc. (AMLM), and Total Nutraceutical Solutions (TNUS) were among today’s top OTC market movers.
Genta Incorporated [[GETA.OB]], a biopharmaceutical company engaged in pharmaceutical drug research and development, saw its shares drop more than 60% after announcing yet another round of disappointing results for its Genasense drug in melanoma. The drug has failed to obtain FDA approval since its initial application in 2004 by failing to show any benefit.
American Lithium Minerals Inc. [[AMLM.OB]], an exploration stage mining company focused on U.S. lithium projects, saw its shares rise nearly 25 percent after retaining the services of AGORACOM Investor Relations to provide online investor relations services, a web 2.0 social network for current shareholders and Tier-1 awareness through the world’s biggest websites.
Total Nutraceutical Solutions [[TNUS.OB]], a development stage company focused on organic natural mushrooms, saw its shares rise more than 60 percent after being featured in an investment newsletter. Recently, the company also announced that it a unique natural whole food mushroom-based vitamin D supplement.
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