NEW YORK, February 07, 2013 – eLayaway, Inc. (OTCQB: ELAY) jumped up 33.33% to $0.0012 on a traded volume of 51.55 million shares. The Minnesota Vikings have chosen to extend their agreement with eLayaway, Inc. to process their 2013 season ticket renewal program for their fans. This is for the fifth year in a row related to extending of agreement. The popular payment plan makes it possible for Vikings’ fans to use layaway to pay over time for their season ticket renewals.
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Cereplast Inc. (OTCQB: CERP) decreased 11.52% to $0.0530 on a traded volume of 33.83 million shares. The Company has appointed Mr. Michael Okada as Chief Financial Officer, effective February 5, 2013. Mr. Okada has been the acting Interim Chief Financial Officer of the Company since February 2012. 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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Kenergy Scientific Inc. (OTCQB: KNSC) augmented 50% to $0.0003 on a traded volume of 23.92 million shares. Ken Glynn, President and CEO of GreenSmart Stores and Kenergy Scientific received numerous phone calls from shareholders and potential shareholders yesterday after the press release indicating change of direction for the company.
Ken Glynn, President and CEO of GreenSmart Stores and Kenergy Scientific announced that the company would seek a new business entity acquisition to change its direction and its financial status.
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Infrastructure Developments Corp (OTCQB: IDVC) jumped up 40% to $0.0007 on a traded volume of 12.70 million shares. The 52-week range for the stock is $0.01 and $0.65. The Company has Price/Sales ratio of 0.68. The 50-Day Moving Average and 200-Day Moving Average prices is $0.01 and $0.04 respectively.
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Alumifuel Power Corp (OTCQB: AFPW) climbed up 100% to $0.0002 on a traded volume of 78.63 million shares. The Company has signed a Term Sheet with Genport, srl of Italy, which would merge its AlumiFuel Power Technologies, Inc. and Genport into a new U.S. corporate entity, NovoFuel, Inc. This initiative is the result of continuing Joint Venture discussions between the parties.
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