Top 3 OTC-BB and Pink Sheet Market Movers
Matech Corporation (MTCH), Cord Blood America Inc. (CBAI), and Panglobal Brands, Inc. (PNGB) were among today’s top OTC market movers.
Matech Corporation [[MTCH.OB]], which develops devices and systems that indicate the status of fatigue damage in metal components, saw its shares jump more than 50 percent after signing a contract to perform testing on a landmark bridge for a major interstate transportation agency. The testing will be conducted using its revolutionary Electrochemical Fatigue Sensor System.
Cord Blood America Inc. [[CBAI.OB]], which collects and preserves umbilical cord blood for clients, saw its shares jump nearly 25 percent after retiring three notes signed with CorCell, Inc. The company has undergone a major effort this year to reduce debt and strengthen its balance sheet for their future, and shareholders have applauded each step in the direction with a higher share price.
Panglobal Brands, Inc. [[PNGB.OB]], which designs and sells clothing and accessories, saw its shares jump more than 35 percent after being featured in several investment newsletters. The move also follows the company’s strong second quarter, where it saw a 62% increase in sales and a strong improvement across all of its business segments. The company also sees continued growing going forward.
CONTACT: Daniel Minton, Managing Director, 406-862-5400, daniel@accelerize.com