Hot OTC Stocks: (OTC:SWVI), (PINK:CERP), (PINK:MJNA), (OTC:PHOT)

Lakeway, NY -- (SBWIRE) -- 02/08/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

SWINGPLANE VENTURES (OTC:SWVI) moved up 14.43% and closed at $0.452 on a traded volume of 9.24 million shares. The Company reported that all the initial payments in the total amount of $1,200,000 have been made as required under the assigned option agreement and amendments with Swingplane making the last payment of $125,000 to bring the Option into full compliance. Swingplane and Mid Americas Corp. have completed payments of $1,200,000 with Swingplane making the last two payments, totaling $250,000. The Algarrobo Property is located approximately 850 km north of Santiago, in the III Region, Province of Copiapo, Chile. The city of Copiapo is located approximately 43 km to the southeast of the Property, with the small port city of Caldera 25 km to the east.

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Cereplast Inc. (PINK:CERP) slipped 18.20% and closed at $0.0490 on a traded volume of 74.72 million shares. The Company has appointed Mr. Michael Okada as Chief Financial Officer, effective February 5, 2013. Mr. Okada has been the acting Interim Chief Financial Officer of the Company since February 2012. Cereplast designs and manufactures proprietary bio based, sustainable bio plastics which are used as substitutes for traditional plastics in all major converting processes.

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Medical Marijuana Inc. (PINK:MJNA) soared 16.12% and closed at $0.317 on a traded volume of 23.98 million shares. Last month, the Company pre-announces its fourth quarter earnings. The net income was $3.39 million in the fourth quarter. The gross revenues were $5.10 million, an increase of $4.5 million and over 1,100% from the previous year quarter. The Company provided an update on the expansion of its Red Dice Holdings Dixie Elixirs & Edibles brand nationally and in Colorado through additional market penetration and product development.

Is MJNA a Buy After The Solid Momentum? Find Out Here

Growlife Inc. (OTC:PHOT) decreased 0.67% and closed at $0.074 on a traded volume of 22.51 million shares. Last month, the Company has retained Integrity Media Inc. as its Investor Relations firm of record. Integrity Media Inc. is based in Las Vegas, NV. The firm is one of the true pioneers of Internet-based financial communication and has worked with hundreds of public companies in a wide variety of industries. GrowLife sells and distributes mini-hydroponic greenhouses and horticultural seeds, mineral nutrient solutions, growing mediums and germination kits.

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