ALJ Regional Holdings, Inc. (OTCPINK: ALJJ) saw its share volume skyrocket to new heights on May 15th with 1,020,397 shares exchanging hands, more than thirty-eight times higher than its three month daily average volume of 26,661 shares.
This surge in volume comes after ALJ Regional Holdings announced results for its second quarter ended March 31, 2014. For the three months ended March 31, 2014, ALJJ posted net income of $3.5 million and earnings per share of $0.11.
ALJJ acquired Faneuil, Inc. ("Faneuil") in October 2013. Faneuil is a leading provider of outsourcing and co-sourced services to both commercial and government entities in the healthcare, utility, toll and transportation industries.
According to Jess Ravich, ALJJ's Executive Chairman, "We were very pleased with Faneuil's results this quarter. We are running ahead of our expectations this year, due in part to growth in our healthcare vertical."
ALJJ closed at $2.33 on May 15th, 36.26% higher than its previous close of $1.71.
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Mantra Venture Group, Ltd. To Present At Third Annual Marcum MicroCap Conference
Mantra Venture Group, Ltd. (OTCQB: MVTG) saw its share volume jump on May 15th with 670,075 shares exchanging hands, significantly higher than its three month daily average volume of 242,135 shares.
This uptick in volume comes after Mantra Venture Group announced that the Company would present at the Third Annual Marcum MicroCap Conference in New York City on May 29, 2014 at the Grand Hyatt New York. Since 2012, the Marcum conference has introduced investors to promising undiscovered companies with a market capitalization of under $500 million. As part of the conference, Mantra will participate in one-on-one meetings with investors and other companies.
"This is an excellent platform from which to get exposure," said Mantra CEO Larry Kristof. "With our cutting-edge technologies and world-class partners, we are a very compelling investment opportunity that has not yet been discovered."
Mantra will be presenting the investment opportunity behind its two technologies, ERC and MRFC. Not only are these part of the red-hot carbon utilization and fuel cell markets, but also represent a novel energy storage solution.
MVTG closed at $.63 on May 15th, 26% higher than its previous close of $.50.
Joe Moscheo Added As Director of Special Projects For Information Architects Corp.
Information Architects Corp. (OTCPINK: IACH) saw its share volume leap on May 15th with 4,730,015 shares exchanging hands, significantly higher than its three month daily average volume of 2,568,422 shares.
This jump in volume comes after Information Architects Corp. announced the addition of long time music and entertainment icon Joe Moscheo as Director of Special Projects and member of the board of directors. Mr. Moscheo has been a fixture in the music business dating back to 1960 when the industry was still in the beginnings of becoming the big business it is today. Mr. Moscheo is still a viable force in the music business and has been an integral part of the changes and growth that have taken place having worked alongside some of the biggest names in the music and entertainment industry.
Information Architects is engaged in the development of exciting new theme parks and destination resorts throughout the US.
IACH closed at $.072 on May 15th, 5.42% higher than its previous close of $.0683.
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