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10/12/2012 InvestorNewsSource.com Trending Stock Report: OTC:ABCP, PINK:STTYF, OTC:MAXE, OTC:IMUN, PINK:ACYD

Investornewssource.com is issuing a trend Report on October 12, 2012: Ambase Corp. (OTC:ABCP), Sandstorm Metals & Energy Ltd. (PINK:STTYF), Maxwell Resources (OTC:MAXE), Immunovative, Inc (OTC:IMUN), American Community Development Group, Inc (PINK:ACYD)

 

New York, NY -- (ReleaseWire) -- 10/12/2012 -- Sandstorm Metals & Energy Ltd. (PINK:STTYF) had an opening price of $.5235 and has reached as high as $.526 so far. 209,000 shares have already been traded.

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Maxwell Resources (OTC:MAXE) opened the day at $1.32 seeing a high of $1.33 with a low of $1.26. The company has already traded over 5 times its 3month average within the first 2 hours with over 120,000 shares.

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Immunovative, Inc (OTC:IMUN) announced yesterday that Immunovative Therapies, Ltd. ("ITL") has been granted a U.S. Patent entitled "METHOD FOR ALLOGENEIC CELL THERAPY," which was issued September 25, 2012, under Patent No. 8,273,377. Foreign versions of this patent are pending around the world. This patent covers the proprietary method that utilizes immune cells from a normal donor to elicit an anti-tumor mechanism that mimics the Graft vs. Tumor (GVT) effect of non-myeloablative allogeneic stem cell transplants ("Mini-Transplant") without the toxicity of Graft vs. Host Disease (GVHD). Today IMUN opened at $0.27 and has seen a range between .274 to .244.

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AmBase Corp. (OTC:ABCP) announce today that on October 11, 2012, the United States Court of Federal Claims ("Court of Federal Claims") issued an order approving the previously announced settlement agreement in the Supervisory Goodwill legal proceedings between AmBase, the Federal Deposit Insurance Corporation-Receiver ("FDIC-R") and the Department of Justice ("DOJ") on behalf of the United States of America (the "United States") (the "Settlement Agreement"). Pursuant to the Settlement Agreement, within ten (10) business days of the Court of Federal Claims' order, the United States is required to remit $180,650,000 (one hundred eighty million, six hundred fifty thousand dollars) directly to AmBase. Today has brought over a half million shares traded before Noon. Also ABCP opened at $2.80 and has seen a high of $2.91.

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American Community Development Group, Inc. (PINK:ACYD) ACYD released press last week with regard to obtaining a new line of Credit Exclusively for Acquisitions. Yesterday ACYD broke out just as it did last week screaming to highs of $0.0023 on late afternoon momentum. ACYD closed out the day on a slight pullback to $0.0019.

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