Houston, TX, United States, via ETELIGIS INC., 11/06/2012 - - REPUBLIC OF TEXAS(PINK:RTXB)soared 24.50% to $0.0249 on a traded volume of 1.13 million shares.The Chief Executive Officer and Chairman of the Company have entered into a Letter of Intent with Bergheim Texas BBQ for Bergheim to execute a co-packing agreement with RTXB. The Company will provide smoked meats for RTXB's 1824 Texas Best Barbecue Restaurants.Act as a fulfillment house for RTXB's website smoked meat sales. Fill any other sales orders generated directly or indirectly by RTXB or its subsidiaries.
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Vringo Inc (AMEX:VRNG) augmented 8.35% to $4.28 on a traded volume of 2.70 million shares. The Company provided an update on its wholly-owned subsidiary I/P Engine's case styled I/P Engine versus AOL et al. This case is currently in trial in U.S. District Court, Eastern District of Virginia, Norfolk Division.
The Company is engaged in the innovation, development and monetization of mobile technologies and intellectual property.
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PACWEST EQUITIES INC (PINK:PWEI) jumped up 10.92% to $0.604. The Company said that its wholly owned subsidiary, PurGro Electronics posted third quarter results. The sales increased 430% over 3rd quarter results for 2011.
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MEDICAL MARIJUANA INC (PINK:MJNA) surged up 1.63% to $0.125on a traded volume of 644k shares. The Company announced that its Portfolio of Companies are well positioned independent of the final results in the November 6 decisions in Colorado and Washington to legalize recreational marijuana for adults 21 and over, as well as, the Pending Decision in the Ninth District Court of Appeals.
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Southridge Enterprises Inc (PINK:SRGE) slipped 2.50% to $0.0118 on a traded volume of 11.74 million shares.The Southridge Minerals Inc announced a cash dividend of $0.00003 per common share, payable on November 22, 2012 to shareholders. The dividend represents a payout of just over 5% of the recently reported quarterly net income.The Southridge Minerals Inc is a wholly owned subsidiary of Southridge Enterprises Inc.
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