Kolkata, West Bengal -- (SBWIRE) -- 09/23/2013 -- Specialpennystockalert.com, an investment community with a special focus on updating investors with recent news on Elite Pharmaceuticals Inc (OTCBB:ELTP), Primco Management Inc (OTCBB:PMCM), Genius Brands International Inc (OTCBB:GNUS).
Elite Pharmaceuticals Inc (OTCBB:ELT P) shares increased 2.90% to $0.160. The company on Sept. 18 announced the initial shipment of naltrexone hydrochloride 50 mg tablets under the License, Manufacturing and Supply Agreement with its sales and marketing partner, triggering a milestone payment. Elite's sales and marketing partner will distribute the product as part of a multi-product distribution agreement. Naltrexone is an opioid receptor antagonist used primarily in the management of alcohol dependence and opioid dependence. For the calendar year 2012, Revia and its generic equivalents had total U.S. sales of approximately $16 million according to IMS Health Data.
Should Investors Buy ELTP After Yesterday’s Jump? Find Out Here
Primco Management Inc (OTCBB:PMCM) stock gained 4.76% to $0.0022. The company on Sept. 16 announce that, for a limited time, its Top Sail Productions subsidiary is offering a special 25% discount to music lovers purchasing one or more of the Casey Kasem presents America’s Top Ten Hits CD series.
Additionally, the company on August 28 announce that its ESMG/Top Sail Productions’ music divisions have closed an exclusive US distribution deal to release an extraordinary catalog of over 2,000 titles, including hit songs performed by such iconic artists as Rick James, The Gap Band, The Chi-Lites, The Emotions, The Impressions, Patsy Cline, Jimmy Cliff, and many more.
Is PMCM A Good Buy After The Recent Price Movement? Find Out Here
Genius Brands International Inc (OTCBB:GNUS) shares dropped 48% and closed at $0.0260 in the last trading session. On August 30, 2013, Genius Brands International, Inc., a Nevada corporation (the "Company"), sold $530,000 of its 12% convertible promissory notes (the "Bridge Notes") to certain accredited investors. The sale of the $530,000 of Bridge Notes includes the conversion of accrued but unpaid loans and compensation owed to members of management in the aggregate amount of $221,000, which such conversion is conditioned up such members of management investing an aggregate of $221,000 in a future financing.
Additionally, the company on August 20 announced its new app, Baby Genius(R) Jukebox, has begun beta testing and is planned for release in the App Store(TM) in September 2013.
Following the Company's pursuit of multiple digital distribution channels for its Baby Genius(R) products, as well as its growing portfolio of other branded content, Baby Genius(R) Jukebox is the first in a series of all-new interactive 3D animated apps for iPad, iPad Mini and iPhone planned for release over the next 18 months.
Is GNUS A Good Buy After The Recent Price Movement? Find Out Here
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