Top 5 OTC-BB and Pinksheets Market Movers
Dynamic Response Group, Inc. (DRGZ), Kodiak Energy Inc. (KDKN), Access Pharmaceuticals, Inc. (ACCP), Cobra Oil & Gas Company (CGCA), and Aradigm Corporation (ARMD) were among today’s top OTC movers.
Dynamic Response Group, Inc. [[DRGZ.OB]], an electronic and multimedia retail marketing company, saw its shares jump more than 50 percent after it signed a deal to repackage and renew the Gem Magic brand. The product is a 20 million dollar seller in the TV infomercial business, and the company plans to launch new spots for the product within the next few weeks.
Kodiak Energy Inc. [[KDKN.OB]], an exploration stage oil and gas company, saw its shares jump more than 50 percent after being featured in an investor newsletter. The company has also been strong lately on the success of its Cougar Energy subsidiary, which is preparing to launch its CREEnergy project set to cover some 46,000 gross acres for 10 years.
Access Pharmaceuticals, Inc. [[ACCP.OB]], a biopharmaceutical company focused on developing products based on nanopolymer chemistry technologies, saw its shares rise more than 30 percent after MuGard Data from a UK study showed prevention of oral mucositis in head and neck cancer patients. Investors are bullish on the implications of these results.
Cobra Oil & Gas Company [[CGCA.OB]], an exploration stage oil and gas company, saw its shares rise more than 30 percent after providing a technology update for its Utah Oil Sands Prospect. The company will use a process called In-situ Combustion to efficiently extract oil from the promising oil sands project, while also upgrading the oil to a lighter grade.
Aradigm Corporation [[ARDM.OB]], a specialty pharmaceutical company focused on the development and commercialization of drugs delivered by inhalation for the treatment of severe respiratory diseases, saw its shares jump more than 13 percent after receiving FDA clearance for Phase IIb clinical trials of Inhaled Liposomal Ciprofloxacin to treat bronchiectasis.
CONTACT: 888-288-5215 · Please read our Full Disclaimer pertaining to this article.