First Liberty Power Corp.’s (OTCPink: FLPC) was one of the most active penny stocks Sept. 30, with 99.5 million shares changing hands, nearly 10 times its 30-day average volume of 10.1 million share.
At the same time, the Las Vegas-based mining company’s share value lost nearly a third of its value.
This comes on news that the company has completed of a Letter of Intent to acquire a 50% operational interest in a central Nevada processing facility, known as the Liberty Precious Metals Processing Facility for $2.1 million.
The acquisition is located on 40 acres of private land in Amargosa Valley, Nevada, approximately two hours north‐west of Las Vegas
Management Shake Up
The proposed acquisition comes less than 30 days after a management reorganization that saw its CFO step down. So far, the company has not named a replacement.
Sudden changes such as these are viewed as red warning flags by some analysts and investors, so it is not surprising that First Liberty Power’s stock value continues its downward tread. Some speculate that losing a CFO just before announcing a major acquisition could signal discord on critical financial matters.
On Sept, 30, FDPC’s share price closed at 0.0019 cents, down 0.0009 cents, or 32.14%, from its close of 0.0028 cents the previous day.
Find out what could be the best investor’s move when it comes to FDPC by getting the complete report here or by cutting and pasting the following link in your Web browser:
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Solar 3D Stock Volume Soars
Solar 3D Inc. (OTCQB: SLTD) share volume soared Sept. 30, with 12.2 million shares changing hands, more than twice its 30-day average volume of 5.2 million.
Still, its share value has nearly tripled since July 2. Industry observers say the uptick is being triggered by a flurry of positive news and strong financials the Santa Barbara energy company recently released.
For example, on Sept. 11, Solar 3D announced that its SUNworks division is now offering “Battery Storage Systems” with its solar electric systems for customers seeking solar power solutions optimized for increased cost efficiency and reliability.
Strong Financials
In addition, Solar 3D’s second quarter results for 2014 quickly separated it from the pack of most penny stock energy companies. The company managed to generate revenue of $7.5 million and rack up a net profit of $223,000, according to its latest 10-Q.
On Sept, 30, SLTD’s share price closed at 0.0019 cents down 2 cents, or 32.14% from its close the previous day.
Find out what could be the best investor’s move when it comes to SLTD by getting the complete report here or by cutting and pasting the following link in your Web browser:
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NuState Energy’s Share Price Takes Major Dip
NuState Energy Holdings Inc.’s (OTCPink: NSEH lost 17.85% of its share value Sept. 30, just two weeks after it announced a major management shakeup, which included replacing its CEO and some members of its board of directors.
On Sept, 30, NSEH’s share price closed at 0.0014 cents, down 0.0003 cents, or 17.65% from its close of 0.0017 cents the previous day.
Find out what could be the best investor’s move when it comes to NSEH by getting the complete report here or by cutting and pasting the following link in your Web browser:
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Kleangas Energy Technologies Inc. (OTCPink: KGET) value skyrocketed Sept. 30, with 131 million shares changing hands, nearly 4 times its 30-day average volume of 33 million.
The Florida-based alternative energy company has not really made any major news lately, but it has been churning out some rather lackluster press releases with few specifics and plenty of forward-looking statements,
On Sept, 30, KGET’s share price closed at 0.0005 cents, unchanged from its close of the previous day.
Find out what could be the best investor’s move when it comes to KGET by getting the complete report here or by cutting and pasting the following link in your Web browser:
http://www.sixfigurestockpicks.com
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