Top 3 OTC-BB and Pink Sheet Market Movers
Matech Corp. (MTCH), China XD Plastics Co. Ltd. (CXDC), and Intelligent Living Corp. (ILVC) were among today’s top OTC market movers.
Matech Corp. (MTCH), an engineering, research and development company, saw its shares jump more than 50 percent after announcing that it will perform services on bridges for the Federal Highway Administration (FHWA) during the remainder of 2009 and 2010. The engineering services will involve the use of its leading Electrochemical Fatigue Sensor technology.
China XD Plastics Co. Ltd. (CXDC), a Chinese manufacturer of modified plastics for automotive applications, saw its shares jump nearly 50 percent after announcing that it was approved for listing on the Nasdaq market. The company expects its shares to begin trading on the Nasdaq on November 27, 2009, under the same symbol of “CXDC”.
Intelligent Living Corp. (ILVC), a home automation solution provider, saw its shares jump more than 150 percent after being featured in several investment newsletters. Earlier this month, the company announced that Home Automation Inc. (HAI) had appointed it as their distributor for the Turkish market, in services that include custom designed user interfaces.
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