New York (December 27th, 2012) - Garb-Oil & Power Corporation (PINKSHEETS: GARB), a company engaged in the manufacture and sale of equipment and products to the waste processing, energy, and recycling industries in the U.S., is seeing significant activity in mid-day trading today. At last check, GARB was trading flat at $0.0001 on volume of 626.77 million, which is substantially above the daily average volume of 8.43 million.
GARB has not seen significant trading activity in the last one month. Earlier this month, the company had announced that it entered into a Letter of Intent to acquire 100% of O’Leary Enterprise Inc. and the building and land on which the business is operated.
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Organovo Holdings Inc. (OTCQB: ONVO), a developer of three-dimensional (3D) bioprinting technology for creating functional human tissues on demand for research and medical applications, is soaring in mid-day trading today, extending its gains for the week.
At last check, ONVO was trading 12.78% higher at $2.56 on volume of 454,959, which is well above the daily average volume of 257,373. ONVO has now gained more than 20% this week.
ONVO has been gaining momentum after the company last week announced that it partnered with Autodesk Research to develop 3D bioprinting software. ONVO has broken through some key technical levels a result of the rally, which is a bullish signal. The next resistance level for the stock is at around $2.75.
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