Penny Stock Movers: Growlife Inc, Medisafe 1 Technologies

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Penny Stock Movers: Growlife Inc, Medisafe 1 Technologies Corp, Bio Matrix Scientific Group, Echo Automotive, OmniComm Systems

Growlife Inc. (OTC: PHOT) surged up 16.80% to $0.103 on a traded volume of 17.23 million shares. The Company announced that it has engaged Medicus Research, LLC to provide a comprehensive review of worldwide scientific literature on the therapeutic benefits of medical marijuana. Medicus Research is a premier organization engaged in clinical trials across various disciplines and is uniquely staffed to concentrate on early stage botanical drugs and the related published medical literature.

Is PHOT a Buy After Today’s Gail? Let’s Find Out Here

Medisafe 1 Technologies Corp (OTC: MFTH) went up 17.24% to $0.0034 on a traded volume of 3.0 million shares. The company intends to issue the one-time special dividend to all existing shareholders pursuant to the perpetual license sale of technology rights to SAFECODE DRUG TECHNOLOGIES CORP. The Ex-Dividend date for its dividend to its shareholders on April 30 2013, record date on May 3 2013 and the payment date on May 6 2013.

Bio Matrix Scientific Group Inc. (PINK: BMSN) increased 20% to $0.0120 on a traded volume of 33.67 million shares. The wholly-owned subsidiary of Bio-Matrix Scientific Group Inc., Regen BioPharma announced filing of an Investigational New Drug application with the FDA to initiate clinical trials assessing the company’s HemaXellerate I stem cell drug in patients with drug-refractory aplastic anemia. Bio-Matrix Scientific Group Inc. is a development-stage company. The Company is in the business of designing, developing and marketing medical devices, specifically disposable instruments used in stem cell extraction and tissue transfer procedures and operating cryogenic cellular storage facilities, specifically stem cell banking facilities.

Is BMSN a Buy After Today’s Soar? Let’s Find Out Here

Echo Automotive Inc. (OTC: ECAU) slipped 9.84% to $1.10 on a traded volume of 1.19 million shares. The Company announced plans to hold an investor forum, facility tour and technology demonstrations at their R&D facility in Andersen, Indiana on March 22nd, 2013.

Should Investors Buy ECAU after Today’s Slump? Don’t Miss Out Special Trend Analysis Here

OmniComm Systems, Inc. (PINK: OMCM) decreased 5.0% to $0.190 on a traded volume of 10k shares. The Company announced the renewal of an Enterprise Agreement to deploy TrialMaster, their Electronic Data Capture suite, with one of the largest biotechnology companies in the U.S. This two year agreement is expected to generate over $2M in revenue during the support of multiple clinical trial programs.

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