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OTC Stocks Top Gainers: PSWS, CEMI, ERFW, CTDBD
By suzyma on Top OTC Stocks Gainers | Friday May 21, 2010 11:08 am
OTC Stocks Top Gainers: PSWS, CEMI, ERFW, CTDBD

Puresafe Water Systems Inc. (OTCBB:PSWS) this morning surged 17% to trade at $0.23 on now news. The stock gains around 400% since last month. Recently the Company signed a contart with Bircon Ltd to develop PureSafe First Response Water System line of mobile water decontamination and purification systems to provide drinking water to the immediately affected population of a disaster on a short term basis.

This morning, Chembio Diagnostics, Inc. (OTCBB:CEMI) climbed 13% and trade at $0.25 on 400,000 volume, higher volume compare to average volume of 57,000 on now news. The Company evelops, manufactures and markets rapid point-of-care diagnostic tests (POCTs) that detect infectious diseases. The Company’s main products are four rapid tests for the detection of human immunodeficiency virus (HIV) antibodies.

Paradigm Oil and Gas, Inc. (OTCBB:PDGO) shares surged 24% to trade at $0.98 after the company release a news release yesterday stating that PDGO Board of Directors unanimously agreed to create a 100% owned technology and service subsidiary, Paradigm Technology Solutions Inc.

Citadel Broadcasting Corporation (OTCBB:CTDB) climbed 16% to trade at $0.024 on no news. Citadel Broadcasting Corporation is the third largest radio group in the United States, with a national footprint reaching more than 50 markets. Since December 2009, the Company filed voluntary petitions in the United States Bankruptcy Court for the Southern District of New York (the "Court") seeking relief under the provisions of Chapter 11 of Title 11 of the United States Code.


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