PennyTrader.com Presents Today’s Midday Stock Report: SIPN, BWMG, OPWV
Stocks have pushed higher in response to a better-than-expected ISM Manufacturing Index. The April reading improved to 54.8 from 53.4 in the prior month, contrasting with the Briefing.com consensus for a decline to 53.0.
Monthly construction spending numbers were also released moments ago. Overall spending increased by 0.1% in March, but a 0.5% increase had been broadly anticipated.
SIPN- Trade Alert
Up 100% in morning trading to $.05 with 2.5M shares traded
For the last three years, SIPP has worked diligently with several development stage companies in developing and then acquiring full rights and title to their products and or services. As of today, Step by Step…SIPP has grown to be the proud parent of six (6) divisions. Through its television production facilities, "La Bonne Table Productions", SIPP plans to initially market its products and services through its own media productions company. SIPP International Industries, Inc., (SIPN.PK) announced yesterday that they have received a Federal Vendor number to begin selling (through bid process) their beverage, medical products, and their Z-CAC Controlled Atmosphere Container to U. S. government agencies.
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BWMG – News Alert
Up 22.09% in morning trading to $.0525 with 1M shares traded
Brownie’s Marine Group, Inc. and its wholly owned subsidiary, Trebor Industries, Inc., d/b/a Brownie’s Third Lung, based in Fort Lauderdale, Florida designs, tests, manufactures and distributes recreational hookah diving, yacht based scuba air compressor and Nitrox Generation Systems, and scuba and water safety products. The Company sells its products both on a wholesale and retail basis and is comprised of three highly specialized dive product groups. Brownie’s Marine Group, Inc. (BWMG.OB – News) today announced strategic plans to further leverage its considerable portfolio of Intellectual Property Rights. Brownie’s currently holds ten patents and is a party to numerous license agreements covering new technology it has developed.
To Read Full Story go to: http://www.pennytrader.com/
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OPWV – News Alert
Up 10.25% in morning trading to $2.85 with 1.5M shares traded
Unwired Planet, formerly Openwave Systems Inc., is the inventor of the mobile internet. Unwired Planet established many of the foundational patents that allow mobile devices to connect to the Internet. Over the years, the company has amassed a patent portfolio of approximately 200 issued US and foreign patents and approximately 75 pending applications, many of which are considered foundational to mobile communications, and span smart devices, cloud technologies and unified messaging. Unwired Planet is headquartered in Silicon Valley, California. Unwired Planet (NASDAQ: OPWV – News) today announced the completion of the sale of its Mediation and Messaging product businesses to Marlin Equity Partners.
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