Orlando, FL -- (SBWIRE) -- 09/03/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On HEMP, INC. (OTCMKTS:HEMP), Eastman Kodak Company (OTCMKTS:EKDKQ).
HEMP, INC. (OTCMKTS:HEMP) shares plunged 32.08% and closed at $0.0180 on no official news. The company has been on the forefront of film production surrounding the hemp movement since its inception. In fact, Hemp, Inc.'s production company, Marijuana Inc. TV (www.MarijuanaInc.tv) was among the first to interview Chaz Moore back in 2012 and give its support of medicinal marijuana usage, along with its support of the Cash Hyde Foundation and ongoing educational efforts, to not only educate the public on the difference between hemp and marijuana, but also to educate the public on the true medicinal value of cannabis.
Additionally, the company on July 18 said it feels it is necessary to inform and educate shareholders, and others who may be misinformed, on the difference between Industrial Hemp and marijuana. It is important to note that Industrial Hemp products are completely legal for consumers to purchase in the United States.
Are investors worried about the recent updates with HEMP? Find out with a free trend analysis HERE
Eastman Kodak Company (OTCMKTS:EKDKQ) shares fell 6.94% to $0.0550. The company on August 29 said it continues to expand the range of papers that have been tested and rated within the Paper Rating Program for KODAK PROSPER Presses. Launched more than a year ago, the rigorous program is designed to help assure users that the media they select will perform as expected in production and will give the best results for their particular needs and applications.Additionally, the company’s creditors have voted in favor of its Plan of Reorganization, and with this positive outcome, the company is well positioned to seek confirmation of its Plan of Reorganization at the confirmation hearing scheduled for August 20 before the U.S. Bankruptcy Court for the Southern District of New York.
Moreover, In a supplement to its Plan of Reorganization (the "Plan") filed on August 14 with the U.S. Bankruptcy Court for the Southern District of New York, Eastman Kodak Company ("Kodak") named the individuals selected to serve on the Board of Directors of reorganized Kodak by the parties providing the backstop to Kodak's recently completed rights offering and the Unsecured Creditors Committee ("UCC"). The term of the new Board members will begin upon Kodak's emergence from Chapter 11, and is subject to the confirmation of the Plan by the Bankruptcy Court.
Is EKDKQ going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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