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10/15/2012 Trending Stock Report: OTC:ONVO, OTC:NGRC, OTC:ELTP, OTC:XSNX, OTC:MAXE is issuing a trend Report on October 15, 2012: Organovo Holdings, Inc. (OTC:ONVO), National Graphite Corp. (OTC:NGRC), Elite Pharmaceuticals, Inc (OTC:ELTP), XsunX, Inc (OTC:XSNX), Maxwell Resources (OTC:MAXE)


New York, NY -- (ReleaseWire) -- 10/15/2012 -- Organovo Holdings, Inc. (OTC:ONVO) last week upgraded from OTCQB to trade on the OTC market's prestigious marketplace, OTCQX. The company had a slight gap up this am to open at $2.50 and has seen a high of $2.52 with a low $2.37.

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National Graphite Corp. (OTC:NGRC), opened today at $.85 and has seen a range between $1.02 and $.84. Trading over 10 times the 3month running average with over 700,000 shares before the lunch hour. The company announced last week Phase 2 results and the discovery of a second high grade graphite zone. The survey results indicate the strike length of the conductive zone exceeds 1,500 meters with depths exceeding 500 meters. The highly conductive zone is located adjacent to a dike of basalt composition and represents a zone of high grade (+40%) graphite.

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Elite Pharmaceuticals, Inc (OTC:ELTP), today announced that Elite received approval as of September 28th from the U.S. Food and Drug Administration for generic phentermine capsules 15 mg and 30 mg. Elite also announced that the sole supplier of the active pharmaceutical ingredient ("API") approved for this phentermine capsule product has restricted the amount of API available to Elite and this will delay the launch of this product. ELTP has traded well over its average volume with over 2.3 million shares traded before the lunch hour.

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XsunX, Inc (OTC:XSNX) traded over quarter million shares and maintained a its price channel right around the $0.03 mark headed into the lunch hour. A Recent press release and Business update focused on the company targeting THIS MONTH to complete its CIGSolarTM TFPV cell evaporation system.

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Maxwell Resources (OTC:MAXE) announced today that Roy Pillmore, a highly regarded geologist with considerable expertise in coal deposits within the vast Raton Basin, has joined Maxwell Resources as a consulting geologist. Pillmore will work with Maxwell as it explores the Raton Basin for potential energy (coal) and valuable metals (gold and silver) reserves. Maxwell will explore the Basin based upon a 1991 USGS survey authored by Pillmore's father, renowned USGS geologist, the late Charles "Chuck" Pillmore.

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