Some days we see movement in stocks but there’s nothing to support it. So today, let’s look at some highly active gainers on the OTCBB with no recent company news. One thing to do when no information is available on the Internet is to call the company directly for an explanation, but this often leads to unreturned messages and emails.
Shares of Poly-Pacific International Inc. (OTCBB: PLYPF) were trading up 8 cents (50 percent) to 24 cents per share on volume of over 151 thousand shares, and they haven’t issued any press releases or filings since March 1, 2007. Market News First (MN1) attempted to contact Poly-Pacific, but calls were not immediately returned. Poly-Pacific manufactures a complete line of plastic media blasting for a wide variety of commercial and industrial applications including paint stripping, coating removal, surface preparation and conditioning.
Shares of KMA Global Solutions International Inc. (OTCBB: KMAG) were trading up 30 cents (50 percent) to 90 cents per share on volume of about 64 thousand shares, and they haven’t issued any press releases or filings since March 12, 2007. MN1 attempted to contact KMA Global, but calls were not immediately returned. KMA Global is an innovator and internationally recognized leader in the Electronic Article Surveillance industry, focused on providing cost-effective source tagging solutions for customers in the apparel, multimedia, sporting goods, food, pharmaceutical and general merchandise industries.
Shares of SiriCOMM Inc. (OTCBB: SIRC) were trading up 8 cents (44 percent) to 26 cents per share on volume of 99 thousand shares. SiriCOMM last released news in a Form 8-K filed with the Securities and Exchange Commission (SEC) on April 11, 2007, announcing the election of Mark L. Grannell as the company’s CEO. MN1 attempted to contact SiriCOMM, but calls were not immediately returned. SiriCOMM operates as an application service provider. It specializes in wireless Internet connectivity and productivity applications to the trucking transportation industry.