Top 3 OTC-BB and Pink Sheet Market Movers
GreenShift Corporation (GERS), Alternative Energy Development Corporation (ADEC), and Matech Corporation (MTCH) were among today’s top OTC market movers.
GreenShift Corporation [[GERS.OB]], which develops clean technologies that facilitate the use of natural resources, saw its shares jump by nearly 200 percent after announcing that the U.S. Patent and Trademark Office has issued it patent titled “Method of Processing Ethanol Byproducts and Related Subsystems” for the extraction of corn oil to GS CleanTech Corp.
Alternative Energy Development Corporation [[ADEC.OB]], which provides after-market fuel conservation technologies, saw its shares jump more than 20 percent after Bennett Wholesale agreed to a 5,000 unit purchase commitment for the company’s patented e3 Fuel Saver – a cost-effective automotive fuel saving device designed to help consumers save money at the pump.
Matech Corporation [[MTCH.OB]], which develops devices and systems that indicate the status of fatigue damage in metal components, saw its shares drop more than 30 percent despite announcing that its COO was asked to present at the Department of Homeland Security’s Aging Infrastructure Conference at Columbia University.
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