Top 5 OTC-BB and Pinksheets Market Movers
Left Behind Games Inc. (LFBG), 4C Controls Inc. (FOUR), Minera Andes Inc. (MNEAF), Advanced Life Sciences Holdings, Inc. (ADLS), and China Education Alliance, Inc. (CEUA) were among today’s top movers.
4C Controls Inc. [[FOUR.OB]] shares jumped nearly 20 percent after it announced an enhanced partnership agreement with Telespazio. The two parties are currently in a position to enter into a joint investment in the areas of very high resolution (50 cm) optical satellite remote sensing and other strategic operational areas.
Minera Andes Inc. [[MNEAF.OB]] shares jumped more than 25 percent after its annual general and special meeting today. The company also announced that Mr. Robert R. McEwen has been appointed interim President and Chief Executive Officer effective immediately. Investors are bullish on the company’s prospects going forward.
Left Behind Games Inc. [[LFBG.OB]] shares jumped more than 500 percent after it announced an agreement with Wal-Mart Stores. The agreement is to test out the company’s video games at certain Wal-Mart locations. The company also announced the hiring of additional marketing representatives and believes the campaign should hit its height by Christmas.
Advanced Life Sciences Holdings, Inc. [[ADLS.OB]] shares jumped more than 10 percent as investors look forward to its Cethromycin NDA, which is pending with an expected PDUFA decision date of July 31, 2009. If approved, the drug could mean substantial opportunity for investors down the road, despite problems with its Restanza drug in the past.
China Education Alliance, Inc. [[CEUA.OB]] shares jumped more than 8 percent after it announced new board appointments. The new board talent includes Yizhao Zhang, who brings substantial financial experience with companies listed on foreign exchanges. Investors can also appreciate his corporate governance experience in the board room.
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