PennyTrader.com Presents Today’s Midday Stock Report: CBYI, THWI, SMNG
Stocks are trying to recover from a recent slip that took all three major averages into negative territory. Defensive-oriented issues are currently out in front of the broad market — Utilities are up 0.6%, Consumer Staples and Telecom are up 0.5%, while Health Care is up 0.3%.
CBYI - Trade Alert
Up 50% in morning trading to $.0003 with 79M shares traded
Primarily a Residential & Commercial Real-Estate acquisition and development Holdings Company, Cal-Bay plans to continue the acquisition of distressed and undervalued residential and commercial real estate along with land acquisitions. The land and commercial properties being primarily for use by its own subsidiary companies for the production of “Clean Energy & Power Technologies and Energy Saving Solutions” creating a multi-level revenue center for the company and its Investors. Cal-Bay International, Inc. (CBYI.PK) today announced the company is in negotiations with the City of Oroville, California’s largest natural water distributor for the development of a Natural Water Processing & Bottling Facility on the company’s 200 acre “Enterprise Zone” facility in the City of Oroville, California.
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THWI – News Alert
Up 74.58% in morning trading to $.0419 with 3.5M shares traded
Thwapr is a mobile video sharing platform company that has engineered a proprietary technology to deliver the best possible mobile video quality and user experience regardless of device, network or carrier. Thwapr’s seamless device agnostic process empowers users to socialize video content, and provides a solution to monetize the mobile community. Founded by digital video pioneers from Apple, Avid and MTV, Thwapr’s patent-pending technology allows brands and marketers a new visual communication channel to engage the hundreds of millions of consumers with Web-enabled mobile devices. Thwapr, Inc. (THWI.OB) has signed an exclusive agreement with a leading marketing and branding company in Asia, Shyalala, to develop new business opportunities by introducing Thwapr as a new visual communication channel in Asia for brands and personalities to engage their communities.
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SMNG – News Alert
Up 11.54% in morning trading to $.0029 with 4.5M shares traded
Strategic Mining Corp.’s goal is to become a significant explorer and developer of gold properties in Guinea and Vietnam. It is currently planning more exploration and development programs on its Siguiri property, and intends to expand its property base in Guinea by acquisition and joint venture. Strategic Mining Corp. (OTCBB:SMNG.OB – News) announced it has achieved a $5,000,000 Reserve Equity Financing (”REF”) from AGS Capital Group, LLC, a U.S. based specialist investor group, to fund general Company operations and gold exploration work on the Siguiri property in Guinea.
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