February 12, 2013 at 12:09 PM EST
Csrnewsdaily.com Issues Investment Alert On (OTCPINK:NTEK), (OTCQB:JBII), (NASDAQ:PPHM)

NEW YORK, February 11, 2013 NanoTech Entertainment Inc. (OTCPINK:NTEK) moved up 6.75% to $0.0253 on a traded volume of 174k shares. The Company announced the expansion of its online infrastructure in preparation of the release of several upcoming Cloud Based IPTV and Mobile Phone Applications. NanoTech has signed a multi-year contract with Hurricane Electric for use of its new datacenter in Fremont, CA. NanoTech will be installing state of the art servers with a significant expansion into the new data center, Fremont 2.

JBI Inc. (OTCQB:JBII) decreased 6.25% to $0.90. The Company announced an update on its Plastic2Oil business operations. The total fuel production in the fourth quarter of 2012 increased over total amounts produced in the third quarter of 2012. The Company believes that production would have been higher if it had not experienced significant downtime in December associated with a planned stack test on the Company's second processor. This stack test was performed to procure permits that would allow JBI the option of processing heat transfer fluid in conjunction with its plastic feedstock to optimize the yield per hour of the processors.

Peregrine Pharmaceuticals (NASDAQ:PPHM) went up 0.90% to $2.06. The 52-week range for the stock is $0.39 and $5.50. The Company has Price/Sales ratio of 17.18 and Price/Book ratio of 19.81. The 50-Day Moving Average and 200-Day Moving Average prices is $1.87 and $1.76 respectively. Peregrine Pharmaceuticals is a biopharmaceutical company developing monoclonal antibodies for the treatment and diagnosis of cancer.

 

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