Ku6 Media Co. Controlling Shareholder to Sell 41% Stake to Xu Xudong; Limitless Venture Group Announces The HempCore Health Series


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NYSE:MDR / NASDAQ:KUTV / PK:FRTD / PK:LVGI
04/02/2014 [ACCESSWIRE]

McDermott International Inc. (NYSE: MDR) – For an in-depth report on McDermott International Inc. follow: www.BullTrends.com/stockquote/MDR

MDR shares closed down 10.10% on Tuesday with about 37 million shares traded. The stock was one of the biggest decliners on the NYSE. Shares fell after the company announced the pricing of a public offering. The company announced it would offer 10 million tangible equity units at a state value of $25 apiece. The offering includes an option for underwriters to purchase an additional 1.5 million units.

Ku6 Media Co., Ltd. (NASDAQ: KUTV) - For an in-depth report on Ku6 Media Co., Ltd. follow: www.BullTrends.com/stockquote/KUTV

Shares of Ku6 Media Co. closed up 42.86% on about 9.1 million shares traded. The stock was one of the biggest gainers on the NASDAQ. The controlling shareholder announced they will sell a 41% stake to Xu Xudong.  Shanda Media will sell 1,938,360,784 of the media company to Xu. Xu currently owns about 70.5% of Shanda Media, and is the founder of Sky Profit Limited.

Fortitude Group, Inc. (OTC: FRTD) - For an in-depth report on Fortitude Group, Inc. follow: www.BullTrends.com/stockquote/FRTD

Shares of Fortitude Group closed up 144% on Tuesday with about 128 million shares traded almost. The stock was one of the biggest gainers in the OTC marketplace and hit a new yearly high of $0.04 during intra-day trading. The company had no significant news.

Limitless Venture Group Inc. (OTC: LVGI) – For an in-depth report on Limitless Venture Group Inc. follow: www.BullTrends.com/stockquote/LVGI

Shares of LVGI closed down 17.78% on about 292 million shares traded. The stock was one of the biggest decliners in the OTC market. The company announced through its Limitless Health division has developed and about to enter into production on a line of HEMP based health products called The HempCore™ Health Series.

 

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