Boca Raton, Fla.-based beverage company Celsius Holdings Inc.'s (OTCPINK: CELH) stock volume was low Mar. 31, with just 8,555 shares changing hands, less than half its three-month average volume of 18,039.
No Significant News or Financial Info
Aside from the standard fare of promotional press releases about festivals and various celebrity endorsements of its product, Celsius hasn't made any significant announcements since it unveiled its exclusive partnership with UAE International Investments (UII), a major financial and distribution power in the Middle East. Even that news lacked any real specifics, including any concrete numbers.
Celsius' latest financials on file are three years old, which reported that the company lost $459,632 for the quarter ending Mar. 31, 2011.
On Mar. 31, CELH's share price closed at 85 cents, unchanged from its share price of the previous day.
Sign up today for timely and hot stock alerts here, or by cutting and pasting the following link in your Web browser:
OXiGENE Inc. Latest Financials Reveal Lackluster Year
Clinical-stage biopharmaceutical company OXiGENE Inc. (NASDAQ:OXGN) recently reported financial results for the year ended Dec. 31, 2013.
The San Francisco-based BioPharma company that is developing drugs to treat cancer reported a net loss of $8.3 million compared to a net loss of $8.1 million for the comparable period in 2012.
Additionally, the Company recorded a non-cash deemed dividend of $4.8 million in 2013 related to the preferred stock equity financings completed in April 2013 and September 2013. The non-cash deemed dividend resulted in a net loss attributable to common stockholders of $13.1 million for the year ended Dec. 31, 2013 and a net loss attributable to common stockholders of $4.67 per share.
During the year ended Dec. 31, 2013 the Company successfully raised approximately $9.1 million in net proceeds by issuing stock through its "At the Market" agreement (ATM) and by issuing stock and warrants through two private placements to accredited institutional investors. Additionally, on Feb. 18, 2014, the Company successfully closed a public offering of common stock and warrants, raising $12 million in gross proceeds, or approximately $11.1 million in net proceeds, after deducting placement agents' fees and before other offering expenses. In the February offering, the Company issued 5.9 million shares of common stock and 2.9 million warrants for the purchase of common stock.
At Dec. 31, 2013, OXiGENE had cash and restricted cash of approximately $7 million, compared to approximately $5 million at Dec. 31, 2012. As of Feb. 28, 2014, OXiGENE had cash of approximately $16.2 million, including the proceeds from its recent financing.
Additionally in Mar. 2014, warrants were exercised for the purchase of 3.8 million shares of common stock for net proceeds of $9.3 million through Mar. 17, 2014. Common stock outstanding as of Mar. 17, 2014 was 15,236,069 shares.
On Mar. 31, OXGN's share price closed at $3.73, up 16 cents from its share price of $3.57 the previous day.
Applied Energetics Inc. Stock Volume Soars
Applied Energetics Inc. (OTCQB: AERG) stock volume skyrocketed Mar. 31, with 364,215 shares changing hands, 2.5 times its three-month average volume of 145,976 shares.
What's behind the sudden surge in volume is a mystery. The Tucson, Ariz.-based laser maker of military applications hasn’t issued a press release since May 11, 2012. The last financial the company filed was on Dec. 31, 2012, which showed the company with a net income of -$3.5 million.
On Mar. 31, AERG's share price closed at 0.0188 cents, down 0.0012 cents from the share price of 2 cents the previous day.
Pennypickalerts.com issues momentum alerts on stocks that can provide gains to day traders.
Pennypickalerts.com provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more.
Pennypickalerts.com monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals Pennypickalerts.com is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading Penny Stocks. Gain an Edge by joining the Pennypickalerts.com newsletter and receiving alerts from a Pro-Active team of researchers. Pennypickalerts.com believes traders should have a chance at successfully trading penny stocks and invites traders and investors to be part of the Free VIP membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.pennypickalerts.com
Pennypickalerts.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always own due diligence with any potential investment.