Pompano Beach, FL, January 23, 2013 -- USA Graphite Inc (OTC: USGT) is currently trading at $0.701 on a traded volume of 460k shares. Earlier, the Company announced that it has already signed a letter of intent to acquire the Ruby Mountains Graphite Property, which has potential for high value flake graphite. The financial terms of the transaction consist of approximately $3,200,000 in cash and stock and a $500,000 work program commitment. USA Graphite Inc is a development-stage company. The Company is focusing its business on acquiring or merging with one or more operating businesses.
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Mikros Systems Corporation (PINKSHEETS: MKRS) decreased 14.10% to $0.168 on a traded volume of 289k shares. Recently, the Company was selected by Northrop Grumman to assist in the design of wireless networks on US Navy Submarines for the Consolidated Afloat Networks and Enterprise Services program. Mikros Systems Corporation is an advanced technology company specializing in the research and development of electronic systems technology primarily for military applications.
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Nano Labs Corp (OTC: CTLE) slipped 0.78% to $0.635. Recently, the Company provided letter to shareholders regarding their road map and business plan for success through 2013. The Company focuses on the acquisition of coatings and laminates made from nanotechnology for its own use or licensing to others. The company was formerly known as Colorado Ceramic Tile Inc. and changed its name to Nano Labs Corp. in April 2012.
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AMARANTUS BIOSCI INC (OTC: AMBS) moved down 1.04% and closed at $0.0955 on a traded volume of 830k shares. Recently, the Company announced that an independent peer-reviewed research paper was published in the Journal of Biological Chemistry. The research paper provides insight into the mechanisms of MANF neuroprotection and may be applicable to understanding its functions in other secretory tissues.
So far this year, the stock is down over 28%. The 52-week range for the stock is $0.0 and $0.19. The organization is a biotechnology company discovering and developing treatments and diagnostics for diseases associated with protein misfolding and apoptosis centered on its patented therapeutic protein Mesencephalic Astrocyte-derived Neurotrophic Factor.
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Southridge Enterprises Inc (PINKSHEETS: SRGE) is currently trading $0.0018. So far this year, the stock is down over 63%. The 52-week range for the stock is $0.0 and $0.01. Southridge Minerals focuses on the acquisition, exploration, and development of gold and silver mines in Mexico.
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