Must Know News: Cheniere Energy, Qualcomm, Creative Edge Nutrition Inc, Alternative Energy Partners Inc


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AMEX:LNG / NASDAQ:QCOM / OTC:BB:AEGY / OTC:BB:FITX
05/30/2014 [ACCESSWIRE]

NEW YORK / ACCESSWIRE / May 30, 2014 / Market Buzz Report, which provides up to date coverage, commentary and alerts on OTC and NASDAQ Stocks, issues critical stocks analysis for Cheniere Energy, Qualcomm, Creative Edge Nutrition Inc, Alternative Energy Partners Inc.

Cheniere Energy, Inc. (NYSEMKT:LNG)’s shares jumped 7.18% to $62.52. Tripp Levy PLLC, a leading national securities and shareholder rights law firm, on May 22 announces that it is investigating Cheniere Energy Inc. (LNG) in connection with possible claims of breaches of fiduciary duty by certain members of the board of directors of the Company.

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Additionally, the company on May 1 reported a net loss attributable to common stockholders of $97.8 million, or $0.44 per share (basic and diluted), for the three months ended March 31, 2014, compared to a net loss attributable to common stockholders of $117.1 million, or $0.54 per share (basic and diluted), for the comparable 2013 period. Results include significant items for the three months ended March 31, 2014 of $46.8 million, or $0.21 per share (basic and diluted), compared to $34.6 million, or $0.16 per share (basic and diluted), for the comparable 2013 period.

QUALCOMM, Inc.(NASDAQ:QCOM)’s shares declined 0.04% to $80.19. The company on May 20 announced that Qualcomm Connected Experiences, Inc., a subsidiary of Qualcomm Technologies, Inc., will release a major update to the Qualcomm(R) Vuforia(TM) mobile vision software platform in the coming weeks.  The Vuforia 3.0 SDK will feature Smart Terrain(TM), a new 3D reconstruction capability that brings a new level of interactivity to augmented reality (AR) experiences.  Additionally, Qualcomm announced a major enhancement to Vuforia object recognition technology that will soon be available to select developers in a beta program.

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Alternative Energy Partners Inc(OTCBB:AEGY)’s shares surged 30.77% to $0.0034. The 52 week trading range for the company is $0.00 - $0.01. The company is engaged in providing support services for medical marijuana. The Company's Simple Prepay system was developed to offer dispensaries, collectives, and delivery services for medical cannabis. Combined with the PharmaJanes on-line and smart phone ordering platform, medical marijuana patients will be able to order, process and pay for their authorized needs. In May, 2013, the Company acquired the PharmaJanes. In May, 2013, it also acquired Simple Prepay merchant payment solution from iEquity Corp.

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Creative Edge Nutrition Inc(OTCMKTS:FITX)’s shares dropped 9.64% to $0.07. The company on May 21 announced that it has retained the leading national law firm Thompson Hine LLP as its corporate counsel. Established in 1911, Thompson Hine has offices in Atlanta, Cincinnati, Cleveland, Columbus, Dayton, New York and Washington, D.C. The firm has been ranked among the top four in the country for "Value for the Dollar" and "Commitment to Help" by in-house counsel, and among the top ten firms for client service excellence, according to The BTI Client Service A-Team: Survey of Law Firm Client Service Performance. Thompson Hine serves premier businesses worldwide.

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Additionally, the company on May 8 announced that it has added Michael K. Clark to its Board of Directors effective immediately. Mr. Clark is currently Chief Executive Officer of MKC Capital Partners, a Wall Street Financial Institution with focus on supporting corporations in the emerging and established capital markets.

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SOURCE: Market Buzz Report  

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