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Penny Stocks Buzz: Medbox Inc, GreenGro Technologies, Federal National Mortgage Association, Growlife Inc

Wednesday, 08 January 2014 11:30 AM

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New York, January 08, 2014 / Accesswire / - Market Buzz Report, which provides live alerts on penny stocks, issues critical stocks analysis for Medbox Inc (OTCMKTS:MDBX), GreenGro Technologies, Inc. (OTCMKTS:GRNH), Growlife Inc (OTCBB:PHOT), Federal National Mortgage Association Fannie Mae (OTCBB:FNMA).

Medbox Inc (OTCMKTS:MDBX) shares gained 20.43% to $89.10. The company on Jan. 7 announced it has improved on its products for use in recreational and medical marijuana facilities. Company executives discussed the many improvements to the Medbox machines, which shall soon be marketed as a "safe" that dispenses medicine. The company also boosted its overall inventory by ordering 2 containers of machines from AVT, which will be outfitted with the proprietary technology that makes the Medbox so unique.

Free Urgent Insider Catalyst Report For MDBX Available Here:  http://marketbuzzreport.com/index.php?code=MDBX (Or Copy and paste the URL into your browser)

GreenGro Technologies, Inc. (OTCMKTS:GRNH) shares surged 101.92% to $1.03. The company on Nov. 14 has released an update to current activities as well as pro forma projections. This announcement provides a more comprehensive look into the numbers that make up the projections around its subsidiary BP Gardens, an ambitious greenhouse project that promises to bring commerce and community together in a scalable and profitable manner. The company previously announced the formation of the wholly owned subsidiary of BP Gardens. The ambitious project entails the control of a four acre property in the heart of Southern California's prime real estate near major tourist attractions.

Free Urgent Insider Catalyst Report For GRNH Available Here:  http://marketbuzzreport.com/index.php?code=GRNH (Or Copy and paste the URL into your browser)

Growlife Inc (OTCBB:PHOT) shares increased 7.25% to $0.24. The company on Jan. 3 announce that the Company has added Alan R. Hammer to the Board of Directors. Hammer joins GrowLife via a Board seat allocated to CANX USA LLC, GrowLife's recently announced Joint Venture partner which has provided the Company with a capital pledge of up to $40 million U.S. for acquisitions, growth capital, and its GIFT program operating in the legal cannabis industry. Hammer is a veteran attorney and advisor who has concentrated his law practice in the areas of investment real estate transactions and tax appeals, representing the purchasers and sellers of office buildings, shopping centers, industrial facilities and apartment complexes since 1971

Free Urgent Insider Catalyst Report For PHOT Available Here:  http://marketbuzzreport.com/index.php?code=PHOT (Or Copy and paste the URL into your browser)

Federal National Mortgage Association Fannie Mae (OTCBB:FNMA) shares gained 0.98% to $3.10. The company on Dec. 24 said it will sell $500 million of benchmark bills. The sale consists of $250 million of three-month bills due March 26, 2014 and six-month bills due June 25, 2014. Settlement is Dec. 24 and Dec. 26.

Additionally, the company on Dec. 4 said it sold $1.0 billion of benchmark bills at mixed interest rates compared with last week's sale of similar maturities. Fannie Mae said it sold $500 million of three-month bills due March 5, 2014 at a 0.080 percent stop-out rate, or lowest accepted rate, down from the 0.091 percent rate for $500 million of three-month bills sold Nov. 27.

Free Urgent Insider Catalyst Report For FNMA Available Here:  http://marketbuzzreport.com/index.php?code=FNMA (Or Copy and paste the URL into your browser)  

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