Los Angeles, CA, January 23, 2013 -- MAXAM GOLD CORP (PINKSHEETS: MXAM) among the gainers and the stock jumped up 54.55% to $0.0017 on a traded volume of 59.82 million shares. The Company has acquired Pembina Limitada, S.A. a Nicaraguan Gold Mining Corporation. These newly acquired permits allow Pembina to process 150 metric tons per day as they gear up the exploration and production. The company will be processing 120 metric tons of tailings per day, averaging 4 grams of gold per ton.
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Cereplast Inc (PINKSHEETS: CERP) surged up 33.06% to $0.0325 on a traded volume of 17.32 million shares. The Company has created additional liquidity through the generation of approximately $500,000 in revenue over the last six weeks while continuing to focus on restructuring its operations to further position the Company for growth throughout 2013.Cereplast designs and manufactures proprietary bio based, sustainable bioplastics which are used as substitutes for traditional plastics in all major converting processes.
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GOLD ENTMT GROUP INC (PINKSHEETS: GEGP) is currently trading at $0.0001 on a traded volume of 10.0 million shares. Gold Entertainment Group does not have significant operations. It intends to provide prepaid Internet access cards. The company is based in Fort Lauderdale, Florida.
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East Coast Diversified Corp (NDA) (PINKSHEETS: ECDC) is currently trading at $0.0001 on a traded volume of 10.0 million shares. Recently, the Company announced its new partnership with HotSauce. HotSauce is a leading Nigerian, Lagos-based mobile, online and social media marketing agency.
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AXIOLOGIX INC (PINKSHEETS: AXLX) declined 11.11% to $0.0008 on a traded volume of 12.05 million shares. The Company has filed unaudited results for the three months ended November 30, 2012. The revenues increased 26% to $261,128. The gross margins maintained at 95%. Earnings before interest, taxes, depreciation and amortization were a positive $27,498 for the current quarter. The operating income was $2,397 as compared to loss of $101,986 in the previous quarter. Net loss for the current quarter was $84,917 as compared to $209,942 in the previous quarter.
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