NEW YORK, January 31, 2013 - MAXAM GOLD CORP (OTCPINK: MXAM) surged up 16.67% to $0.0014 on a traded volume of 9.05 million shares. Pembina Limitada S.A. and Maxam Gold Corporation received the report of estimated reserves and production capacity. Maxam Gold Corporation and Pembina Limitada S.A. have committed to have these concessions in production this year, with a bottom line profitability of $3,896,000 by year-end. Maxam Gold Corporation is a leading gold mining and development company with claims in the western United States and Nicaragua.
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Cereplast Inc (OTCQB: CERP) slipped 13.73% to $0.0220 on a traded volume of 10.41 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 bio plastics which are used as substitutes for traditional plastics in all major converting processes.
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CirTran Corp (OTCQB: CIRC) jumped up 29.41% to $0.0022 on a traded volume of 108.50 million shares. In the last one year, the stock is up over 200%. Cirtran Corporation provides a mix of high- and medium-volume manufacturing services and products using various applications for electronics OEMs in the communications, networking, peripherals, gaming, law enforcement, consumer products, telecommunications, automotive, medical, and semiconductor industries.
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Great China Mania Holdings Inc (OTCQB: GMEC) augmented 12.37% to $0.105 on a traded volume of 787k shares. The Company announced its first cooperation with former Dreamworks movie expert to produce its first action movie in Asia. It is the first movie to be produced under GMEC. The planning stage has been completed and the details including the budget, schedule and the storyline will be announced shortly.
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Vringo Inc (AMEX: VRNG) went up 2.55% to $3.22 on a traded volume of 1.41 million shares. The Company’s wholly owned subsidiary, I/P Engine, filed a patent infringement lawsuit against Microsoft Corporation in the Southern District of New York. The lawsuit alleges infringement of U.S. Patent Nos. 6,314,420 and 6,775,664, entitled Collaborative/Adaptive Search Engine and Information Filter System and Method for Integrated Content-Based and Collaborative/Adaptive Feedback Queries, respectively.
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