Orlando, FL -- (SBWIRE) -- 08/20/2013 -- 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 Eastman Kodak Company (OTCMKTS:EKDKQ), Wild Craze Inc (OTCBB:WILD).
Eastman Kodak Company (OTCMKTS:EKDKQ) shares fell 11.09% to $0.0770. 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.
Additionally, 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.
Are investors worried about the recent updates with EKDKQ? Find out with a free trend analysis HERE
Wild Craze Inc (OTCBB:WILD) shares gained 40% to $0.560. The company on August 19 announced that the Company has opened a new sales and distribution center in Oakville, Ontario, located outside of Toronto, to expand its existing business in Canada.
The Company currently sells its EcoAquariums in Canada in approximately 15 independent stores and two regional chains and there are immediate plans to introduce in Canada the E-Bird RC and the RC Rattlesnake, a radio controlled bird and snake for all ages to enjoy, before the holiday season.
Additionally, Private citizen, George Sharp, on August 16 named Wild Craze, Inc. (WILD), as an additional defendant in an ongoing civil action for violations of California Business and Professions Codes 17529.5 (Anti-Spam). The complaint identifies WILD CRAZE and others involved in a scheme allegedly to disseminate spam emails in order to artificially create a marketplace for the stocks of those companies at artificially high prices.
Is WILD going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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