Los Angeles, CA – January 2, 2013 - - Southridge Enterprises Inc (PINKSHEETS: SRGE) halted at $0.0057. The U.S. Securities and Exchange Commission temporarily suspended trading in the securities of Southridge because of questions regarding the accuracy of statements made by Southridge in press releases to investors concerning, among other things, the company's business operations and arrangements.
The Company announced a new Joint Partner with Kinross Gold Corp for its Cinco Minas and Gran Cabrera properties. Southridge's joint partnership with Kinross is valued around $550,000,000 to $600,000,000. Southridge and its advisers are currently working hand in hand with Kinross to finalize the remaining documents and agreements in order to execute this new joint partnership for its Cinco Minas and Gran Cabrera properties with Kinross.
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USA Graphite Inc (OTC: USGT) surged up 3.29% to $0.803. The Company plans to conduct both a bulk sampling program and detailed mapping study over the entire extent of the graphitic hornfels units at its flagship Blue Wing Mountains graphite project in the first quarter of 2013. The Company believes that metamorphism has not altered the geologic structure of the original sedimentary beds.
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AMARANTUS BIOSCI INC (OTC: AMBS) escalated 1.85% to $0.110. The Company has purchased all of the intellectual property assets from Power3 Medical Products. Power3 was in bankruptcy and gave Amarantus the ability to acquire all of Power3's the IP for the diagnosis of multiple neurodegenerative diseases and oncology for $40,000. The Company is a biotechnology company developing treatments and diagnostics for diseases associated with neurodegeneration and apoptosis.
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Cellceutix Corp (OTC: CTIX) increased 4.62% to $1.81. Recently, the Company said that a cancer drug it is testing in clinical trials at the Dana-Farber Cancer Institute and Beth Israel Deaconess Medical Center in Boston is more advanced than similar medications under development by the larger drugmakers.
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Highline Technical Innovations Inc (PINK:HLNT) soared 3.48% to $0.0119.Alternative Hydrogen Solutions LLC is the exclusive provider of Highline Technical Innovations' Hy-Impact line of intelligent hydrogen systems. Alternative Hydrogen Solutions LLC announced that it has retained the services of Legacy Consulting Inc. Legacy, a specialist firm in both government and business consultancy will partner with AHS to facilitate new relationships and build brand recognition and acceptance for their products.
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