Penny Stock Analysis

Top 3 OTC-BB Market Movers

Allied Security Innovations, Inc. (ADSV), SpongeTech Delivery Systems, Inc. (SPNG), and Golden Eagle International Inc. (MYNG) were among today's top OTC movers.

Published: Friday, July 17, 2009 @ 1:21 PM PDT
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Allied Security Innovations, Inc. (ADSV.OB: 0.037 +117.65%), which provides homeland security products and proprietary criminal justice software, saw its shares surge as much as 117 percent after announcing year-to-sales of its Secure T.R.A.C.(TM), Secure PERF(C) and Stretch Wrap Secure(C) products had improved from $426,000 through May of 2008 to $739,000 during the same time period in 2009.

SpongeTech Delivery Systems, Inc. (SPNG.OB: 0.103 +7.9%), a manufacturer and marketer of a unique line of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages, saw its shares rally as much as 8.0 percent following this morning's announcement that the company has received its initial purchase order for its products from Wakefern Food Corp, which is the merchandising and distribution arm for ShopRite.

Golden Eagle International Inc. (MYNG.OB: 0.0012 +9.00%), which is engaged in the exploration, mining, and milling of minerals, watched its shares rise more than 9.0 percent today after the company announced it had filed $1.3 million worth mechanic's and mill operator's liens against the Jerritt Canyon mill, located 50 miles north of Elko, Nevada.

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