Los Angeles, CA - January 4, 2012 – USA Graphite Inc (OTC: USGT) jumped up 1.25% to $0.810 on a traded volume of 545k shares. Recently, the Company said that its search for additional large tonnage high carbon content properties is proving to be very successful. The Company has been evaluating additional projects in Nevada that have the resources to host their own mine or be strategically linked in to operations with the Company's other Nevada assets. USA Graphite focused on the acquisition, exploration and development of world-class graphite properties in North America. USA Graphite intends to become a domestic graphite supplier.
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Southridge Enterprises Inc (PINKSHEETS: SRGE) increased 3.64% to $0.0057. The U.S. Securities and Exchange Commission had 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 deals in engaged in the acquisition and exploration of mineral properties.
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Vendum Batteries Inc (PINKSHEETS: VNDB) among the gainers and the stock climbed up 37.50% to $0.0011 on a traded volume of 38.84 million shares. The 52-week range for the stock is $0.00 and $0.11. So far this year, the stock is up over 150%. The Company is focused on identifying, evaluating, acquiring, developing and partnering for the commercialization of eco-friendly power sources.
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Bio Matrix Scientific Group Inc (PINKSHEETS: BMSN) declined 7.14% to $0.0013 on a traded volume of 18.86 million shares. The 52-week range for the stock is $0.02 and $0.18. The 50-Day Moving Average and 200-Day Moving Average prices is $0.03 and $0.04 respectively. The Company is in the business of designing, developing and marketing medical devices, specifically disposable instruments used in stem cell extraction and tissue transfer procedures and operating cryogenic cellular storage facilities, specifically stem cell banking facilities.
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Vringo Inc (AMEX: VRNG) soared 4.57% to $3.66 on a traded volume of 3.07 million shares. Recently, the Company said that Ashley Keller has joined the company's board of directors. The Company is engaged in developing software for mobile phones. It provides a platform, which allows users to create, download and share mobile entertainment content in the form of video ringtones for mobile phones.
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