Investor News Source Consulting LLC

@InvestorNewsSrc Morning Market Report on 5 OTC Stocks: PINK:IGNT, OTC:PCXCQ, OTC:MDMC, OTC:EKDKQ, PINK:BBDA is issuing a report on 5 stocks to watch on August 15, 2012 Ingen Technologies, Inc. (PINK:IGNT), Patriot coal Corp. (OTC:PCXCQ), Marine Drive Mobile Corp. (OTC:MDMC), Eastman Kodak Co. (OTC:EKDKQ), Bebida Beverage Co. (PINK:BBDA)


New York, NY -- (ReleaseWire) -- 08/15/2012 -- Ingen Technologies, Inc. (PINK:IGNT), released news this morning announcing company has signed a Letter of Intent to acquire SomaLife Consulting LLC.

The Canadian based health products manufacturer is operating in California and will be purchased for $3 million. This acquisition is estimated to add $2 million in immediate operating income to Ingen's existing revenue base. The company has completed the due diligence and plans to close escrow in within approximately 90 days. Yesterday IGNT closed the day on the high of the day $0.018 trading well above average volume with over 900,000 shares traded.

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Patriot coal Corp. (OTC:PCXCQ), over the past two weeks the company has been in a slow and steady up trend trading most days at around average volume. Yesterday the company traded less than 600,000 shares. PCXCQ opened yesterday on the low of the day $0.166 while seeing a high of $0.189.

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Marine Drive Mobile Corp. (OTC:MDMC), announced yesterday that it will be rebranding under the management of TapIn Solutions, LLC. The Company's technology has evolved beyond the golf industry space, and is geared for any industry or company. TapIn Solutions, LLC continues its leadership position in the golf industry as an online marketer and has a well-established presence in the community. As part of the successful integration of the Company's deal management software, will transition under the management of TapIn Solutions, thus rebranding the asset under their name. Yesterday MDMC opened the day at $0.079 and saw a high of $0.089 on over double the 3month running average volume.

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Eastman Kodak Co. (OTC:EKDKQ), looks like it could be starting an uptrend again after a decline in price that began August 6th. Yesterday EKDKQ opened at $0.225 and saw a high of $0.239 trading over 10 million shares.

Could EKDKQ continue this trend? For a full analysis sign up here:

Bebida Beverage Co. (PINK:BBDA) yesterday opened at $0.0099 and saw a range between $0.0144 and $0.0092. BBDA traded well over the average volume with over 210 million shares traded yesterday.

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