Top 5 OTC-BB and Pinksheets Market Movers
Genta Incorporated (GNTA), Medical Connections Holdings Inc. (MCTH), Impala Mineral Exploration Corp. (IMXC), China Finance, Inc. (CHFI), and EcoSystem Corporation (ESYM) were among today’s top movers.
Genta Incorporated [[GNTA.OB]] shares jumped more than 40 percent after announcing that it will release its first quarter 2009 financial results on May 12, 2009 and host a conference call to discuss the results and recent corporate activities at 8:00a.m. EST. Investors are hoping that management will answer some key questions regarding its Genasense Phase III trial progress during the conference call.
Medical Connections Holdings Inc. [[MCTH.OB]] shares surged more than 280 percent after it announced that it sees continued growth in the medical staffing industry. The company unveiled that it was working on strategic acquisitions that would rank the company in the top 22 medical staffing companies in the United States when completed. Investors were extremely bullish on this news, as the company’s future outlook appears to have significantly improved.
Impala Mineral Exploration Corp. [[IMXC.OB]] shares moved more than 10 percent higher on continued strength following news of additional acquisitions and management changes. Shares are well off of their 52-week lows of $0.03, but remain well off of their highs of around $0.60 per share. Investors appear to remain bullish on the company’s prospects going forward.
China Finance Inc. [[CHFI.OB]] shares surged nearly 30 percent as investor continue to look towards China’s future. The company, which provides credit guarantee services, sees great opportunity as China’s economic stimulus could lead to a quicker recovery, while many Chinese companies continue to look for access to capital markets abroad.
EcoSystem Corporation [[ESYM.OB]] shares moved 175 percent higher after it announced plans to conduct operational trials of its Feedstock Machine at targeted poultry and swine processing companies. The machine is an integrated, scalable solution that converts poultry and swing manure into high protein feeds, natural oils, and high quality soil amendments.
CONTACT: Daniel Minton, Managing Director, 406-862-5400, daniel@accelerize.com