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BIEL, LIEG, EQLB Active OTC Stocks on Watch
"We intend to provide this additional data to the U.S. FDA to supplement our applications and obtain additional new product market clearances. After all, we have already sold more than 200,000 safe and effective devices around the world." stated Andrew Whelan, president and CEO of BioElectronics
Li3 Energy, Inc. (OTCBB:LIEG) increased 12% to 0.42 after the Company announced that it has completed the initial closing of its private placement offering (for a total of 4,000,000 units of its securities (to institutional and accredited investors and non-U.S. persons for aggregate gross proceeds of $1,000,000, at an offering price of $0.25 per Unit. Each Unit consists of one share of common stock of Li3 Energy, and a warrant to purchase one share of common stock at an exercise price of $0.70 per share.
EQ Labs, Inc. (Pink Sheets:EQLB) shares jumped 49% to trade at 0.0139 after the Company announced a 300 percent increase in revenues for the first quarter 2010 compared to the fourth quarter 2009 in one of its key sales regions. So far the stock has hit its 52 week high of 0.27 and its 52 week low of 0.004. Today the stock has traded on higher volume compare to its 10 days average volume.
Maurice Owens, Chief Executive Officer of EQ Labs, commented, "We are very happy to deliver this exciting news to our shareholders. We want to stress that this is sequential growth as we have seen a sudden spike of sales in First Quarter 2010 as compared to Fourth Quarter 2009."
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By mmanish on Top OTC Stocks Gainers | Thursday June 17, 2010 09:57 am
BioElectronics Corporation (PINKSHEETS: BIEL) shares jumped 18% to trade at 0.025 on high volume since the company announced it is strengthening its U.S. FDA clearance applications with additional research and findings to better articulate its product classification, claims and improve its patented pain products."We intend to provide this additional data to the U.S. FDA to supplement our applications and obtain additional new product market clearances. After all, we have already sold more than 200,000 safe and effective devices around the world." stated Andrew Whelan, president and CEO of BioElectronics
Li3 Energy, Inc. (OTCBB:LIEG) increased 12% to 0.42 after the Company announced that it has completed the initial closing of its private placement offering (for a total of 4,000,000 units of its securities (to institutional and accredited investors and non-U.S. persons for aggregate gross proceeds of $1,000,000, at an offering price of $0.25 per Unit. Each Unit consists of one share of common stock of Li3 Energy, and a warrant to purchase one share of common stock at an exercise price of $0.70 per share.
EQ Labs, Inc. (Pink Sheets:EQLB) shares jumped 49% to trade at 0.0139 after the Company announced a 300 percent increase in revenues for the first quarter 2010 compared to the fourth quarter 2009 in one of its key sales regions. So far the stock has hit its 52 week high of 0.27 and its 52 week low of 0.004. Today the stock has traded on higher volume compare to its 10 days average volume.
Maurice Owens, Chief Executive Officer of EQ Labs, commented, "We are very happy to deliver this exciting news to our shareholders. We want to stress that this is sequential growth as we have seen a sudden spike of sales in First Quarter 2010 as compared to Fourth Quarter 2009."
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