Top 5 OTC-BB and Pinksheets Market Movers
Dynamic Response Group, Inc. (DRGZ), Deer Consumer Products, Inc. (DCPD), Blugrass Energy Inc. (BLUG), Rapid Link, Inc. (RPID), and Positron Corporation (POSC) were among today’s top OTC movers.
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Dynamic Response Group, Inc. [[DRGZ.OB]], a marketing company engaged in the business of electronic and multimedia retailing, saw its shares jump more than 250 percent over the past few days after announcing $40 million in sales on July 14th. The company’s premier product, Riddex Plus, a staple on national television ads, has become its all time leader in sales.
Deer Consumer Products, Inc. [[DCPD.OB]], a manufacturer and distributor of household appliances sold in China, saw its shares surge nearly 20 percent after announcing that it was approved for a NASDAQ listing while also guiding above estimates. The company will begin trading on Friday under the symbol “DEER” and expects earnings of $0.86 to $0.91 per share.
Blugrass Energy Inc. [[BLUG.OB]], a development-stage oil and gas exploration company, saw its shares drop more than 40 percent after materially defaulting and losing all future rights to participate in the Bullseye Project as a result of its failure to perform. The transaction is now null and void after it failed to make an annual lease payment of $48,610 on or before July 1st.
Rapid Link, Inc. [[RPID.OB]], a voice and data communications provider to customers around the world, saw its shares move up more than 30 percent after receiving a $2.8 million grant from the California Advanced Services Fund. The grant will support the expansion of Rapid Link’s broadband network footprint as part of its “Mother Lode” project.
Positron Corporation [[POSC.OB]], a molecular imaging and radiopharmaceutical products company, saw its shares surge nearly 20 percent after it joined MedAxiom as a corporate partner. MedAxiom is a comprehensive subscription-based service provider and information resource exclusively for cardiology practices, with over 300 practices and 5,400 physicians in the network.
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