Lakeway, NY -- (SBWIRE) -- 02/26/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Alumifuel Power Corp (PINK:AFPW) plunged 50% and closed at $0.0001 on a traded volume of 111.05 million shares. AlumiFuel Power Corporation announced that the prospective merger of its operating subsidiary, AlumiFuel Power Technologies and Genport srl into a new U.S. corporate entity, NovoFuel, Inc., is proceeding according to plan. The parties are finalizing a definitive merger agreement through which each would own 50% of NovoFuel before any future financings. AlumiFuel Power Corporation is a holding company that operates primarily through its subsidiary, AlumiFuel Power, Inc. API is an early production stage alternative energy company that generates hydrogen gas and superheated steam through the chemical reaction of aluminum, water and additives.
Is AFPW a Strong Buy After The Recent Gain? Let’s Find out Here
Winning Brands Corporation (PINK:WNBD) declined 50% and closed at $0.0001 on a traded volume of 72.60 million shares. So far this year, the stock is down over 67%. Winning Brands Corporation, through its subsidiary, Niagara Mist Marketing Ltd., designs, manufactures, and sells household and commercial cleaning products, as well as cosmetic and personal care formulations primarily in the United States, Canada, and internationally.
Is WNBD a Strong Buying Opportunity After The Recent Slump? Find out Here
East Coast Diversified Corp (NDA) (PINK:ECDC) closed at $0.0001 on a traded volume of 65.50 million shares. So far this year, the stock is down over 50%. The 52-week range for the stock is $0.0 and $0.01. East Coast Diversified Corporation through its Subsidiary, EarthSearch Communications International, Inc. offers a portfolio of global positioning system devices, radio frequency identification technology interrogators, integrated GPS/RFID technologies and Tag designs.
Should Investors Consider ECDC After The Recent price Action? Get Free Trend Analysis Here
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