GetFugu, Inc. (GFGU), Ecotality, Inc. (ETLY), and GeoVax Labs, Inc. (GOVX) were among today’s top OTC market movers.
GetFugu, Inc. [[GFGU.OB]], which is developing next generation mobile search software for handheld devices, saw its shares jump nearly 40 percent after reassuring shareholders that it has more than adequate funding to continue operations into the foreseeable future. Concerns had mounted after SpongeTech and another company had pulled planned investments.
Ecotality, Inc. [[ETLY.OB]], which provides electric vehicle infrastructure products and solutions that are used in on-road grid-connected vehicles, saw its shares jump more than 20 percent after being awarded a patent for its Bridge Power Manager (BPM) in the U.S., which provides cost-effective means to share power with existing electric circuits.
GeoVax Labs, Inc. [[GOVX.OB]], which researches and develops human vaccines for diseases caused by HIV and other infectious agents, saw its shares jump more than 10 percent after issuing a press release explaining that the successful HIV/AIDS vaccine study in Thailand was based on the same premise as its own – they elicit both T cells and antibody.
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