YAHOO FINANCE NEWS OUT,,,
June 18, 2015 / Volatility and speculation are two driving forces when it comes to small-cap stocks and sub small-cap stocks. The micro cap companies have focused on early stage development and use the capital markets to help make dreams become reality. It's not a fluke that many small-cap stocks ended up growing into multi-million dollar companies and a quick Google search of small-cap stocks that made it big will fill up your computer screen with articles on the major successes that many companies have had after starting out as a small cap company. The trend continues in today's market and companies like Enviro-Serv Inc (EVSV), iHookup Social, Inc. (HKUP), and The MaryJane Group, Inc. (MJMJ) have all seen recent price and volume spikes due to news and corporate announcements.
Enviro-Serv has been working to gain exposure within the pest control space specifically within the State of Florida. Following the announcements that the company has successfully obtained the capital to firm up final negotiations for the Pestmaster Services franchise for the Tampa Bay area, Enviro-Serv's subsidiary, Xterminate, could soon be able to operate as Pestmaster Tampa. This arrangement is slated to allow Enviro-Serv through Xterminate to take advantage of the relationships the Pestermaster brand has in place with larger organizations like those relating to federal opportunities. The Company anticipates closing the agreement on or before June 30th. With much more anticipation, stock price has spiked from $0.0007 to highs of $0.0012. During the course of the last 45 days, shares of EVSV have rallied as much as 650%.
iHookup Social, Inc. announced Tuesday that downloads of iHookup Social's app in the Apple iTunes store have now translated to more than 600,000 registered users. The Company develops and markets a mobile/social app positioned at "the intersection" of social media and location-based connections. Shares of HKUP have jumped during June and the reaction to Tuesday's news continued to hold the trend. Since starting the month at $0.0012, the share price hit new two-month highs of $0.0099 during the Tuesday session. In response to the latest announcement, Robert Rositano, CEO, iHookup Social, stated, "We view our greatly valued 600,000+ users as kindling for a new 'friendable' fire. We are bringing 600,000+ users who are inherently viral and proven by their very presence in our community to be an ideal demographic for 'friendable' and our brand expansion."
The MaryJane Group, Inc. has gained the attention of the media as of late after announcing that it would be opening the first cannabis resort, CannaCamp. Furthermore in a release on Tuesday, the Company announced the elimination of nearly $300,000 in aged convertible debt as a result of the conversion of an aggregate of $361,232. Though trading has been mixed this month, shares of MJMJ have enjoyed a price increase by as much as 585% after hitting highs of $0.0137earlier in June.
