ZOOM Technologies Stock Surges On Inked LOI (NASDAQ:ZOOM)
ZOOM Technologies, Inc. (NASDAQ:ZOOM)
With the Dow Jones Industrial Average, S&P 500, NASDAQ, Gold, and Crude Oil all in the putting green this black Friday, check out ZOOM Technologies, Inc. ticker symbol ZOOM. The Stock has skyrocketed +229.58% Up 5.51 generating above 2.7 million shares in the financial markets Friday November 29, 2013 11:34AM EST. ZOOM Technologies is a technology holding company focused on the mobile telecommunications and technology space. What’s pushing the stock Up you ask?
ZOOM Technologies inked a Letter of Intent with Beijing Baifen Tonglian Information & Technology Co., Ltd. to obtain, directly or indirectly, all the outstanding shares of Baifen. Under the terms of the arrangement, ZOOM Technologies will issue to Baifen’s shareholders 12 million new shares of ZOOM Technologies common stock representing about 80% of ZOOM Technologies ownership interest post-transaction. With Baifen’s capacity of support supplied from their prestige business model, ZOOM Technologies has major potential to augment value to its shareholders. In layman’s term, Zoom Technologies should experience an even greater year coming 2014.
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Metabolix, Inc. (NASDAQ:MBLX)
As black friday shoppers continuously escalate globally during the start of the holiday buying season, check out Metabolix, Inc. ticker symbol MBLX. The Stock has launched +37.65% Up 0.32 generating over 827 thousand shares in the financial markets Friday November 29, 2013 12:10PM EST. Metabolix is a innovation-driven performance bio materials company delivering sustainable solutions to the plastics, chemicals and energy industries. What’s moving the stock Up you ask?
Metabolix management is expected to make a presentation to investors at the LD Micro Conference in Los Angeles on Tuesday, December 3, 2013 at 3:00 p.m. PT / 6:00 p.m. ET. With the compound annual growth rate of the Polyhydroxyalkanoate Market predicted to hit over 10,000 metric tons by the end of 2013, investors could become inticed on those figures alone with a even greater expectancy as the Polyhydroxyalkanoate Market predictions estimate over 34,000 metric tons by 2018. The Company previously launched Mvera B5010, which is known as a certified compostable resin for film and bag applications developed in collaboration with Samsung Fine Chemicals.
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