Kolkata, West Bengal -- (SBWIRE) -- 08/30/2013 -- Specialpennystockalert.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on Medical Marijuana Inc (PINK:MJNA), Alternative Energy Partners Inc (OTCBB:AEGY), Growlife Inc (OTCBB:PHOT).
Alternative Energy Partners Inc (OTCBB:AEGY) stock surged 85.71% to $0.0013 on no official news. The company on July 8 announces that it has appointed Frank Gomez as its Chief Technology Officer. Mr. Gomez was CTO/CCO for Kush Magazine and also part of the WeedMaps.com team during inception. Mr. Gomez is currently the CTO/CCO for Swissloan and CEO of Source Enterprises. Mr. Gomez has been brought on to AEGY to oversee the completion and launch of PharmaJanes[TM] and Simple Prepay[TM].
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Growlife Inc (OTCBB:PHOT) shares climbed 11.70% to $0.0401. The company on August 14 announce the timely filing of its Second Quarter, 2013, financial results for the quarter ending June 30, 2013. Year-to-date 2013 revenue from sales increased to $1,625,625 from the $300,255 recorded in the comparable period in 2012. For the quarter ended June 30, 2013, revenue was $872,557, an increase of $664,111, or more than threes times the $208,446 revenue for the same period in 2012.
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Additionally, the company August 5 announced that the company entered into a collaboration agreement with FusionPharm, Inc. As per the collaboration agreement, GrowLife companies will provide the necessary grow equipment and consulting services to FusionPharm. Further, GrowLife will co-market PharmPods, FusionPharm's commercial-scale fully equipped grow technology.
Medical Marijuana Inc (PINK:MJNA) shares surged 49.92% and closed at $0.195. The company on August 29 inform shareholders and the general public that HempMedsPX--a corporate portfolio company of Medical Marijuana Inc. and the exclusive master distributor and contracted marketing company for CannaVest Corp. and Medical Marijuana Inc.--will be exhibiting at the New York Wholesale Expo at the Javits Center in New York City from September 8-9, 2013.
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Additionally, the company on August 21 announce to shareholders and the general public that The Depository Trust Company (DTC) has determined, effective immediately, to lift the deposit transaction restriction ("chill") and has resumed accepting deposits.
Moreover, CanChew Biotechnologies, a joint venture company with Medical Marijuana Inc. (OTC Pink:MJNA), on August 22 announce that they have signed an exclusive distributorship agreement with ARITEX AG, a Switzerland-based distributor for nutraceutical products in Russia and the Commonwealth of Independent States (CIS).
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