Cardio Vascular Medical Device Corp. (OTC:CVSL) has gained more than 50% in early morning trading today. The stock has traded more than 900K in volume so far compared to an average daily volume of 1.56M. According to our research and yahoo finance profile Cardio Vascular Medical Device Corp. does not have significant operations. It intends to engage in the manufacture and distribution of maneuverable-coiled guide wire, a slender flexible metal wire with a soft tip made of a coil that could be bent prior to insertion into the arteries during surgery. The company was founded in 2007 and is based in Independence, Ohio. So, the surge in today’s price is unknown at this hour.
Sky Power Solutions, Corp. (OTCBB: SPOW) (www.skypowersolutions.com), an emerging leader in the development and marketing of next generation lithium-powered batteries worldwide, and developer of residential concentrated solar collectors with the ability of producing 2 Kilowatts (kw) of electric power with ZERO emissions using Sun Light as the only fuel. Shares have gained more than 25% at a trading volume of 273K. The reason for this rise in share prices is a press release announced by the company today morning. The company announced today that they have formed an engineering alliance with Li-ion Motors Corp — for the further development of the Sky Power Residential, concentrated solar collector electric generation system. This alliance takes advantage of the technological advances Li-ion Motors — makers of the world’s fastest all electric supercar — achieved leading up to winning the 2010 X-Prize competition by achieving an astonishing 187 miles per gallon equivalent (MPGe) with their all electric WAVE II.
Medical Care Technologies Inc. (OTC:MDCE) is gaining momentum on news release. The company announced yesterday after market close that its plans to construct its new pediatric center. The company is currently organizing finances for the project. The new health center to be known as Teddyberry will have around 4,000 plus ft2 area of health and wellness facility for children and will be centrally located in Dongguan’s high end commercial district. The hospital will be close to medical entities, educational teaching facilities and major international schools. The location attraction will enable the company to forge joint ventures and take advantage on synergies between different organizations at the upcoming healthcare location. The stocks have gained 85% in early morning trading today at a share volume of 2.74M compared to an average volume of 447,800K.
Revonergy Inc (OTC:RNRG) prices have surged by more than 80%. The increasing momentum can be accounted for a stock promotion that was supported by a news released by the company. Our resources suggest that a promoter was paid 7,000 USD for one day advertisement on RNRG. The company announced that Revonergy’s consultants Fladgate Exploration has finalized and presented to management a multi phase exploration program for the Perth Property. Geologists have visited the Perth property twice since the joint venture agreement (the “JV Agreement”) with Red Metal Resources was announced March 21, 2011.
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