NEW YORK, NY – October 11, 2012 - - Hollund Industrial Marine Inc(PINK:HIMR) shares climbed 20% to $0.0006 in the early hour after the company announced that the Company has begun exploring options in its growth and expansion strategies - accelerating discussions with merger prospects, as the South American Project Development Team begins preparing for a possible joint venture abroad. Management indicates that Hollund has immediate strategic plans to further its appeal to potential merger prospects as well as an impending South American joint venture.
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BARON CAPITAL ENTERPRISE(PINK:BCAP) stock gained 0.13% to $147.94. The 52 week trading range for the company is $1.11 - $147.94. The shares of the company gained 32% in the last one year. The Company has two protected cells, the Better Capital 2009 Cell and the Better Capital 2012 Cell. The principal activity of the Company is to act as a feeder fund through each Cell and pursue an investment objective, which aims to generate total returns by means of a policy of investing (2009 Cell through Fund I and 2012 Cell through Fund II) in a portfolio of distressed businesses, such returns being expected to accrue largely through capital growth.
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Frogads Inc(PINK:FROG) stock is trading at $0.0006 in the early hour. The 52 week trading range for the company is $0.00 - $0.59. The shares of the company climbed 33% in the last one year. The Company is engaged in the operation of its Internet based bulletin board service, which provides free listing of products and services. It provides an Internet site where sellers of products and services list their products and services for free.
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THEDIRECTORY.COM INC(PINK:SEEK) shares climbed 66.67% to $0.0005 in the early hour on an above average volume of 15.21 million shares, 2.5x times its daily average traded volume. The shares of the company declined 61% in the last one year.
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Eastman Kodak Company(PINK:EKDKQ) fell 2.26% to $0.195. Eastman Kodak Co. (EKDKQ) said it will terminate its health-care and survivor-benefits program, resolving a $1.2 billion retiree-benefits liability.
The company will provide retirees with a $7.5 million cash payment to support initial administration and benefit obligations, a $635 million unsecured claim and a $15 million allowed administrative claim. The retiree benefits program--called the other post-employment benefits, or OPEB, program--includes medical, dental, life insurance and survivor income benefits. The proposed settlement won't affect retiree pension benefits.
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