Liquidmetal Technologies, Inc. (OTCQB: LQMT) saw its share volume continue to explode on May 28th with 26,633,524 shares exchanging hands, five times higher than its three month daily average volume of 5,344,354 shares.
This jump in volume comes after Liquidmetal Technologies, a leading developer of amorphous alloys and composites, announced that it had recently participated in a development project with Jet Propulsion Laboratory (JPL) to demonstrate the properties of amorphous alloys in mechanical devices that transfer or transform force, motion, or energy to another point through elastic deformation. Compliant mechanisms are advantageous since they provide benefit by reducing part count, simplifying manufacturing and reducing assembly time and cost.
The collaboration resulted in publication of a significant article, “New Methods for Developing and Manufacturing Compliant Mechanisms Utilizing Bulk Metallic Glass,” in Advanced Engineering Materials. The article reports that “[amorphous alloys] are shown to have an optimal combination of mechanical properties and processing ability, making them ideal for complex, low-cost compliant mechanisms...[This work] pushes the envelope for integration into widespread commercial applications by allowing high mechanical performance to be achieved in complex components that can be cast like polymers.”
LQMT closed the day at $.1922, 6.78% higher than its previous close of $.18.
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New World Gold Sees Surge In Share Volume
New World Gold Corp. (OTCPINK: NWGC) saw its share volume skyrocket on May 28th with 61,338,388 shares exchanging hands, seven times higher than its three month daily average volume of 8,778,904 shares.
With no recent news being released by the company, one can only speculate why this uptick in volume occurred. Last month, New World Gold reported its financial results for the first quarter of 2014.
Revenue for the First Quarter ended March 31, 2014 was $2,488,516 versus $1,673,919 last year. This is an increase of $814,597 (48.7%). The net profit for the first quarter ended March 31, 2014 was $750,608 versus $378,164 last year, an increase of $372,444 (98%).
NWGC closed the day at $.01.
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Rainbow International Corp. Sees Share Volume Remain Steady
Rainbow International Corp. (OTCQB: RNBI) saw its share volume continue to rise on May 28th with 1,741,018 shares exchanging hands, slightly higher than its three month daily average volume of 1,285,034 shares.
With no new news on the company, the reason a rise in volume occurred is unknown, but here is what is known about the company:
Established in 1981, Rainbow International offers Restoration and Cleaning services through over 300 locations. Our restoration services cover fire damage restoration, water damage restoration, mold removal, smoke damage restoration, and more.
When disaster strikes you can rely on rapid and professional restoration service from Rainbow International. Our service locations are on call 24-hours a day, seven days a week. Rainbow International Franchisees are certified by the Institute of Inspection, Cleaning and Restoration Certification. The IICRC has served as the industry guardian for inspection, restoration and cleaning services for over 30 years.
Rainbow International is a subsidiary of The Dwyer Group, Inc., a worldwide franchise holding corporation supporting over 1100 franchisees in the United States and twenty-four foreign countries.
RNBI closed the day at $.29, 20.33% higher than its previous close of $.241.
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