OTC Stock Picks is engaged in providing the most up to date and useful information on Best Penny Stocks poised to breakout. Our newsletter alerts the market with picks that Wall Street stock traders have ignored or havent found out about yet. These are the awesome penny stocks that the underground penny stock experts brag about in our penny stock blogs. Stocks escalations are under review, with growing volumes, the companies in focus are Signature Devices Inc. (OTCPINK:SDVI), VIROGEN INC (OTCPINK:VRNI) and mPhase Technologies, Inc. (OTCQB:XDSL) made investors happy due to enlargement in its shares and with positive move for the day.
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Signature Devices Inc. (OTCPINK:SDVI) remained among optimistic movers of the day and traded actively during prior trading session, overall trading volume was 23.36 million shares along with the average trading volume of 16.99 million shares. Opening price of the stock was $0.0003 to close at $0.0003 after moving up 50.00% for the day.
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Signature Devices has posted its financial results of year 2012, in 2012, the company posted Total Assets of $1,618,248 versus $2,217,218 for 2011. Its total revenues remained $129,620 for 2012 as compared to $1,065,152 for 2011. The decrease in revenues is the result of bad debt write-offs with one big debtor. The bad debt resulted in Signature Devices unable to deliver additional goods to market.
Our next pick for the day is VIROGEN INC (OTCPINK:VRNI) was also a bullish mover for the day, jumped up 14.29% after opening its shares at the price of $0.0007 to close at $0.0008. VRNIs total trading volume for the day was 19.83 million shares.
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Beta value of the company stood at 1.99 points. In last three months of trading the company moved up and scored 100% and in last one month of trading the company amplified and scored 33.33%.
Another bullish stocks under consideration is mPhase Technologies, Inc. (OTCQB:XDSL), its shares went up 25.00% and $0.0035 after opening at the price of $0.0028. Total trading volume of the stock was 11.48 million shares. Its beta value stood at 1.77 points. During last one month of trading the company went up and scored more than 52%.
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mPhase Technologies reported that on the heels of filing a US letter patent application for automatic dispensing of preset dosages for a drug delivery system that the Nanodermatology Society declared 2013 the year of Topical Delivery.
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