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Los Angelas, CA -- (SBWIRE) -- 09/07/2012 -- Shares of Pristine Solutions Inc. (OTC: PRTN), holder of intellectual property and global marketing rights to a patent pending novel indication of an existing FDA approved drug, surged in Wednesday’s trading session.The penny stock of PRTN ended the day 20.2% higher at $0.291. Despite the huge gains in Wednesday’s trading session, PRTN is down more than 24% in the last five trading sessions.Earlier this week, PRTN announced that its wholly owned subsidiary, Eaton Scientific Systems Ltd., signed an agreement with RoxSan Pharmacy Inc. to provide Tropine 3 for its upcoming clinical trial participants. Tropine 3 is a patent pending novel indication of FDA approved homatropine. Eaton Scientific Systems is testing Tropine 3 as a non-hormonal treatment of hot flashes in pre-menopausal, peri-menopausal, and post-menopausal women.
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Viking Minerals Inc. (OTC: VKMD) is trading in the range of $0.091 and $0.165 during Thursday’s trading session. The stock had opened at $0.14 and is currently trading at $0.131, down 2.96 percent from its previous close of $0.14. VKMD recorded the volume of 1.956 million shares. Its average daily trading volume stands at 104K shares. The company stock has traded in the range of $0.07 and $0.25 during its past 52 weeks. VKMD has market capitalization of $14.148K and it reported its latest Earnings per Share at -$0.16. The company has 108K shares outstanding in the market. The company stock is trading below its short term 20 days moving price of $0.14, however, it is above its long term 50 days moving average price of $0.13.
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Dynamic Ventures Corp. (OTCBB:DYNV) is amongst the biggest gainers on the OTC market in mid-day trading today. At last check, DYNV was trading 117.39% higher at $0.0300 on volume of 11.83 million, which is significantly above the daily average volume of 87,160. DYNV opened at $0.02 in trading today, and rose to an intra-day high of $0.06 before paring some of the gains. The stock's intra-day low is $0.01. The stock has gained more than 51% in the last five trading sessions. Despite the significant gains in trading today, DYNV is down more than 4% in the last one month.
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Shares of Cannabis Science Inc. (PINK: CBIS), a developer of pharmaceutical grade medical marijuana products, soared in Wednesday’s trading session. The penny stock of CBIS ended the day 41.48% higher at $0.0481 in Wednesday’s trading session. Despite the gains in Wednesday’s trading session, the stock is still in red in the last one month. CBIS shares rallied on Wednesday despite there being no recent news or development related to the company. The gains, therefore, could have been due to some stock promotion activity. According to a recent filing, CBIS had total revenue of $7,000 for the quarter ended June 30, 2012, compared to $116,000 reported for the quarter ended March 31, 2012. The company posted an operating loss of $4.49 million for the June quarter, compared to an operating loss of $7.4 million reported for March quarter.
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