TMTF more than fair, ILNS far from idle, DGNG drops

Posted on: March 31st, 2011
Written by:
Glenn

Tremont Fair Inc. (OTCBB: TMTF) had a spring in its step late Thursday, gaining 133.3% to 3.5 cents, on volume of 13,000, just nosing out its daily average.

Intellect Neurosciences Inc. (OTCBB: ILNS) was a volume champion Thursday, trading in 43.9 million shares, compared to its 19.9-million-share daily average. Share prices were around a quarter of a cent Thursday, or 38.9% higher than Wednesday’s close.

Diguang International Development Co. Ltd. (OTCBB: DGNG) plummeted 57.1% to 15 cents late Thursday. Volume for the stock was a mere 16,000 shares, still better than a daily average of 10,100, on the release of 2010 financial figures. Net revenue increased 13.4% year-over-year to $16.3 million. Net loss was $2.7 million, or $0.12 cents per diluted share, in 2010, compared to a loss of $2.9 million, or $0.13 per diluted share, in 2009.

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