Top 5 OTC-BB and Pinksheets Market Movers
Left Behind Games Inc. (LFBG), BioNeutral Group, Inc. (BONU), Puda Coal, Inc. (PUDC), Neah Power Systems, Inc. (NPWS), and Bluegrass Energy Inc. (BLUG) were among today’s top movers.
Left Behind Games Inc. [[LFBG.OB]], a developer and producer of video games based on the Left Behind series of novels, saw its shares jump nearly 70 percent after signing a distribution agreement with Jack of All Games. Under the agreement, Jack of All Games will distribute the company’s products to major North American retailers that could include Amazon.com, Best Buy, Eurpac, Fry’s Electronics, GameStop, Target, Toys R Us and Hastings.
BioNeutral Group, Inc. [[BONU.OB]], a specialty life sciences company focused on commercializing a combinational chemistry-based technology, saw its shares surge more than 10 percent after independent laboratory testing showed that its hospital-grade Ygiene eliminates Aspergillus Niger (black mold) spores in record time. Aspergillus Niger is a type of black mold that can lead to prolific human health threatening problems.
Puda Coal, Inc. [[PUDC.OB]], a supplier of metallurgical coking coal to China’s industrial sector, saw its shares drop more than 15 percent after announcing plans to reincorporate in Delaware and complete a 7-to-1 reverse stock split. The steps represent strategic steps in the company’s near-term plan to list their stock on a senior stock exchange and reduce legal costs over the long-term, among other benefits.
Neah Power Systems, Inc. [[NPWS.OB]], a developer and distributor of renewable energy solutions, saw its shares rally more than 13 percent, continuing its previous move higher. The company has developed high-performance fuel cells for a variety of customers. Recently, the company signed a Memorandum of Understanding (MOU) with EKO Vehicles of Bangalore, India, to develop an on-board methanol fuel cell battery charger.
Bluegrass Energy Inc. [[BLUG.OB]], a development-stage oil and gas development and exploration company, saw its shares jump more than 8 percent on no news. The company has begun to initiate its strategy to secure a significant reserve and asset base in Eastern Kentucky. In Phase I, the company intends to secure proven reserves in excess of 100 BCFE within the next three years and then to begin building assets.
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