Las Vegas, NV -- (SBWIRE) -- 08/14/2012 -- Carbon Sciences Inc (PINK:CABN) jumped up 20.45% to $1.07. The Company announced its plan to act as the project developer of a production plant in the U.S. The project will use ExxonMobil's proprietary methanol to gasoline process. Carbon Sciences is considering various options for the supply of natural gas. Determining the actual site of the production plant will be a function of the location of the natural gas supply, as well as local interest in a project that will create a substantial number of new jobs.
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Viking Systems Inc (NDA) (OTC:VKNG) escalated 38.89% to $0.263 on a traded volume of 8.57 million shares. Conmed Corp will acquire Viking for $0.27 per share in cash. The purchase price represents a 42% premium over the closing price of Viking's common stock on August 13, 2012. The total expected consideration will be approximately $22.5 million. The proposed transaction has been approved by the boards of directors of both companies. CONMED expects the transaction to close in the fourth quarter of 2012.
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Attitude Drinks Inc (NDA) (OTC:ATTD) surged up 16.67% to $0.0007 on a traded volume of 7.10 million shares. So far, the stock went down more than 36%.
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Cord Blood America Inc (OTC:CBAI) soared 32.81% to $0.0170 on a traded volume of 7.92 million shares after the Company announced second quarter results. Revenues increased 26% to $1.80 million. Gross profit increased 32% to $1.29 million in 2012. The net income was $0.15 million in the second quarter of 2012. The Company reported EBITDA positive approximately $.10 million for the second quarter of 2012 versus a negative EBITDA of $.69 million in the comparable period of 2011.
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California Gold Corp (OTC:CLGL) among the top performers and the stock increased 211.54% to $0.0405 on a traded volume of 2.98 million shares. In the last one month, the stock went up more than 134%.
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