Penny Stocks on the Move July 27: (EQLB, ARGC, VTG)

July 27th, 2010 at 10:42 am Posted by The Dean
Dear Students

The Dean wants all of his students to read up on these penny stocks on the move for Tuesday, July 27, 2010:

EQLB $0.016 +77.78%
Prior to market open, EQ Labs, Inc. (PINK: EQLB) announced the company will be launching a nationwide promotion at the Las Vegas Boulevard location of Walgreens on Labor Day weekend. This promotional contest will allow two purchasers to win separate prizes: a free personal poker seminar with poker-star Vanessa Rousso; and a “thrill ride” with champio Baja racer, T.J Flores, and the LVDC Racing Team. Additionally, this promotion will “begin a national rollout of its energy drink in additional Walgreens stores.” The Company’s EQ Smart Energy Drink is currently sold at Best Buy, 7-Eleven, and other leading retailers.

ARGC $0.017 +36.00%
Last week, Artepharm Global Corp. (OTC: ARGC) announced that Doctors Without Borders/Medecins Sans Frontieres (MSF) will be involved with its “malaria eradication project” on the Comoros Islands led by the Company’s subsidiary, Artepharm Co. Although ARGC hasn’t issued news since then, this penny stock has seen more than 900,000 shares of volume this morning.

VTG $1.25 +12.05%
Monday evening, Vantage Drilling Company (AMEX: VTG) announced its wholly owned subsidiary, Offshore Group Investment Limited, has priced an offering of $1 billion aggregate principal amount of 11.500% Senior Secured First Lien Notes due 2015. These notes will reportedly be issued at a price equal to 96.261% of their face value.

Disclosure: The Dean expects to be compensated $10,000 by a third party (Empire Relations Group) for providing communication services for EQ Labs Inc (EQLB).

Happy Trading, The Dean



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