New York, NY -- (ReleaseWire) -- 10/03/2012 -- Pressure BioSciences, Inc (OTC:PBIO) almost doubled its three month running average and traded over 35,000 shares yesterday. It opened at a price of $.35, reached a high of $.44 and ended up closing where it started at $.35. Over the last three days on the market, PBIO has traded an average of over 70,000 shares per day.
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Rapid Fire Marketing, Inc (PINK:RFMK) opened Tuesday at $0.003 and saw a high of $.0037 before settling to $.0035 at the close. Nearly 77 million shares were traded which is the highest in over two years. The company announced last Thursday that they have obtained its first institutional investments from Ironridge Consumer Co., a division of Ironridge Global IV Ltd. The first investment which is nearly $700,000 will enable RFMK to settle accounts payable and significantly increase its inventory of vapor inhalers, expand its product line and business operations via a new division. Additionally, the costs of the Company getting to fully reporting status will be offset significantly via the Ironridge investment.
The second funding is a $1.5 million cash financing which will enable the company to more than meet all financial obligations as well as expand its business on all fronts. The term of this deal is for 30 months whereby Rapid Fire Marketing will receive $50,000 in funding per month.
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Converted Organics, Inc (OTC:COIN) traded more than 114 million shares yesterday which is seven times its three month average. Single day volume hasn’t reached that level since April. It had an opening price of $.0011 which was also the low for the day. It peaked at $.0017 and closed at $.0013.
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Pristine Solutions, Inc (OTC:PRTN) opened at $.0491 and closed at $.0217. It reached a high of .06 on the day. Almost 30 million shares were traded and there has been a consistent increase in volume since the middle of last week.
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TagLikeMe Corp. (OTC:TAGG) saw a high of $.28 before closing at $.079. TAGG traded just over 140 million shares yesterday. Also as of yesterday, they announced that it positioned itself at the forefront of the estimated $16.9 billion social media market with its new social search, save and share platform TagLikeMe.com.
TAGG is a significant entry into the new social media phenomenon becoming widely known as Common Information Networks. These networks allow individuals to easily search multiple search engines and organize results into a more visual interface that can be shared via social networks.
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