Winners and Losers: 8/06/2001
Houston, TX -- (OTCBB NEWSWIRE) -- August 6, 2001, The OTCBB broader internals reveal declining issues reclaimed victory over advancing issues. The twenty most active list proved negative as well, with 11 decliners and 8 advancers. But with issues moving more that 20% on the twenty most active list it was a completely different. There were 6 issues posting over 20% gains and only 1 issue losing more than 20%.
Winners
Thermo Tech Technologies (TTRIF: .006) just made the list with .001 (20%) gains. It was the most active issue on the winner's list of issues moving more than 20%, trading 46,959,300 shares. TTRIF announced last week the appointment of Dr. Mohammed A. Alwosabi as Chief Financial Officer. Alwosabi is leaving his position of Dean of the College of Business Administration of Ajman University of Science and Technology in Abu Dhabi (United Arab Emirates).
iBIZ Technology Corp. (IBIZ: .095) closed with .044 (86%) gains, at its high of the day. The company made two announcements today. iBIZ completed the integration of Qhost.com, into the Company's data center. The second press release announced that Eurpac Service, Inc. (Eurpac), the primary distributor of electronics, entertainment and other consumer products to U.S. military exchanges, U.S. Navy ships and veteran's canteen services located worldwide, will distribute iBIZ PDA accessories exclusively, beginning in August, 2001.
Saratoga International Holdings Corp. (SRGO: .003) made a gigantic leap from the losers' list, where it usually finds itself, to the winners list by posting .001 (50%) gains. Volume was 82,780,000. We have not heard from the company since its most recent ticker symbol change and second reverse split.
eClubsworldwide (formerly Dominix) (DMNX: .08) shares took off in early trading and closed with .049 (158%) gains. Apparently, there are quite a few rumors surrounding today's action. The company's last press release, July 24, announced their subsidiary, ICON, entered into an agreement with Contact World, a leading call center company in the Philippines, to be its US representative for all of its call center and help desk services work. The projected revenue for this contract will be in excess of $30 million over the next five years.
Cyber Mark International (CMKI: .078) continued Friday's recovery, after shares plummeted to .02, when mass confusion surrounded the 10:1 forward split that did not occur as scheduled. See Cyber Mark Sets New Date for 10:1 Forward Split. In today's session, CMKI added another .024 (44%) to its share price, approaching the .08 mark, where shares closed on the day the forward split was to be completed. Volume was 3,320,900.
Ambra Resources Group Inc. (ABRG: .045) closed up .008 (20%), surpassing the closing high .043, when shares rallied 30% on the announcement ABRG announced early results of the Ten Well Drilling Program in Wharton County, Texas, with Venture Energy Inc. Volume was 2,835,000, over 3X its daily average.
Loser
AmeriResource Technologies, Inc. (ARET: .003) lost .001 (25%), on volume of 5,004,000. The company's last press release, June 20, announced the company became one of the new partners in "David Slay's Golden Steer Restaurant." Mr. Slay, who is head of the Restaurant/Hospitality Division of AmeriResource Technologies, Inc., has formed Prime Enterprises 2001, LLC, the company has taken ownership of the Las Vegas restaurant, a city landmark since 1959
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