IntelliCell BioSciences Inc. (OTCPink: SVFC) continued to be one of the most heavily traded penny stock Oct. 23, with 886 million shares changing hands, about 9 times higher than its 30-day average of 96.5 million shares.
The New York-based regenerative medicine company has not been in the news lately and hasn’t issued a press release since August. What’s behind the sudden volume surge and increase in share value is anybody’s guess.
We do know that IntelliCell operates in the regenerative medicine market using adult autologous stromal vascular fraction cells (SVFs) derived from the blood vessels in adipose tissue.
On Oct. 23, SVFC’s share price closed at 0.0002 cents, unchanged its previous day’s close.
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Vuzix Corp.’s New Smart Glasses Connect with Most IOS Devices
On Oct. 23, Vuzix Corp.’s (OTCQB: VUZI) share value was flat, with just 43,723 shares changing hands, less its 30-day average volume of 53,488 shares.
The low volume comes on the heels of the positive news that the Rochester, N.Y.-based video eye ware company has just released its OS 2.0 upgrade for its M100 Smart Glasses that enables it to work with most iOS devices.
The M100 Smart Glasses Manager application for iOS is now in final test for submission to Apple for iTunes launch approval.
Connects Seamlessly to Most iOS Devices
According to Vuzix, with iOS support, the M100 will connect seamlessly to most iOS devices including the new iPhone 6 and iPhone 6 Plus.
The Smart Glasses Manager application allows the M100 to be controlled by iPhones and enables features like Bluetooth hands-free headset coms, streaming audio, and many other advanced M100 Smart Glasses capabilities including support for both M100 native applications and M100 legacy Android applications alike.
VUZI’s share value closed at $3.14, up 14cents from its closing price of $3.00 the previous day.
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Catasys Inc.’s Stock Volume Soars
Catasys Inc.’s (OTCBB: CATS) stock volume soared Oct. 23, with 57,800 shares changing hand, about 3 times higher than its 30-day average volume of 17,147 shares.
Because the Los Angeles-based proprietary health management services company has not been in the news lately, or issued any press releases, it’s difficult to say what is behind this sudden surge.
However, we do know that its financial results for its second quarter ended Jun. 30, 2014 were somewhat positive.
Here are the highlights:
-- 80% increase in second quarter enrollment compared with the same quarter last year.
-- 192% increase in recognized revenue from the healthcare services to $312,000 in the second quarter, compared with the same quarter last year.
-- $295,000 increase in deferred revenue from healthcare services to $829,000 at June 30, 2014, compared with December 31, 2013.
-- In August 2014, Catasys signed an amendment to an existing contract with one of the largest insurance providers in the country, expanding the availability of OnTrak to the provider's commercial members in Florida. Enrollment is expected to commence by the end of the fourth quarter.
-- Catasys currently operates programs in Kansas, Louisiana, Massachusetts, Oklahoma, West Virginia, Kentucky, and Wisconsin
On Oct. 23, CATS’ share price closed at 2.10 cents, up .10 cents, from the previous day’s closing price of $2.07.
Find out what could be the best investor’s move when it comes to CATS by getting the complete report here or by cutting and pasting the following link in your Web browser:
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