NEW YORK, February 07, 2013 – O2 Secure Wireless Inc. (OTCPINK: OTOW) jumped up 30.0% to $0.130 on a traded volume of 75k shares. The Company announced the implementation of its FIT proprietary security software. Fit is a fully functional retina and Facial Integration security Technology software program, that can be implemented in a wide variety of security protocols.
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Medical Marijuana Inc. (OTCPINK: MJNA) went down 4.76% to $0.26 on a traded volume of 8.90 million shares. Last month, the Company pre-announces its fourth quarter earnings. The net income was $3.39 million in the fourth quarter. The gross revenues were $5.10 million, an increase of $4.5 million and over 1,100% from the previous year quarter. The Company provided an update on the expansion of its Red Dice Holdings Dixie Elixirs & Edibles brand nationally and in Colorado through additional market penetration and product development.
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Bio Matrix Scientific Group Inc. (OTCPINK: BMSN) moved up 6.25% to $0.0051 on a traded volume of 27.55 million shares. The wholly-owned subsidiary of Bio-Matrix Scientific Group Inc., Regen BioPharma announced filing of an Investigational New Drug application with the FDA to initiate clinical trials assessing the company's HemaXellerate I stem cell drug in patients with drug-refractory aplastic anemia.
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Southridge Enterprises Inc. (OTC: SRGE) is currently trading at 0.0018 on a traded volume of 504k shares. The Company’s subsidiary, Southridge Minerals has issued a corporate update for shareholders of the Company to address questions arising from a recently announced joint partnership with respect to Cinco Minas. Southridge would like to inform shareholders that the joint partnership is no longer valid and the Company is pursuing other joint partnership opportunities at this time.
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Optimum Mobile Imaging Corp. (OTCPINK: ICBU) decreased 26.81% to $0.0505 on a traded volume of 2.47 million shares. The Company has significantly reduced operating expenses and is streamlining operations to cut waste. IMD has indicated that ongoing operating expenses have been cut by a substantial amount. This move will serve to bring the company closer to a profitable situation sooner than expected.
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