NEW YORK, NY -- (Marketwire) -- 12/17/12 -- Stocks On The Move Report: Vringo, Inc. (NYSE: VRNG), Livewire Ergogenics, Inc. (OTCQB: LVVV), Lifevantage Corporation (NASDAQ: LFVN), Southridge Enterprises Inc. (OTCQB: SRGE).
Vringo, Inc. (VRNG) has seen it's share price slowly begin to decline ever since the company won its patent-infringement suit against Google and the software developer for cellphones was awarded $30 million in damages. Of the $30 million awarded to Vringo, Google will pay $15.9 million, AOL will pay $7.9 million, IAC will pay $6.6 million. The stock closed Friday at $3.00 on well below average volume of just 1.2 million shares traded. Find out when the next catalyst could spark a new rally in the companies share price by reading our exclusive report: http://squawkboxstocks.com/report/VRNG
Livewire Ergogenics, Inc. (LVVV) makers of the innovative LiveWire Energy Chew products, rose sharply to close the week after the company announced that its Board of Directors has declared a dividend payable to stockholders of record on January 18, 2013 ("Record Date"). The dividend will be equal to 20% of the share price at the market close on the Record Date. The dividend will be payable in common stock. On Friday, shares rose to a high of $0.315 before settling down to close the day at $0.247 representing a 41.14% gain. Will the stock continue to rise or see a decline following last week's big rally? Find out more in our exclusive report at: http://squawkboxstocks.com/report/LVVV
Lifevantage Corporation (LFVN) saw shares gain 18.64% to close the week at $2.10 after the company announced that its Board of Directors approved a share repurchase program that authorizes the Company to utilize up to $5 million to purchase shares of its common stock. Will the share price of LFVN continue to rise to start the week? Find out in our exclusive report at: http://squawkboxstocks.com/report/LFVN
Southridge Enterprises Inc. (SRGE) saw shares decline 12% to $0.0066 to close the week on volume of nearly 35 million shares changing hands. On Monday the company announced it has engaged Magna Group Capital Management, LLC. regarding their services to facilitate the up-listing process to the OTCBB and has received a term sheet from Magna. Find out if the stock could see a bounce & begin to stage a rally as we near further news regarding their uplisting process in our exclusive report at: http://squawkboxstocks.com/report/SRGE
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