The Las Vegas-based disposable e-cigarette maker’s sudden stock volume surge is being fueled in part by the company’s Mar. 10 announcement that its product is now on the shelves in an additional 251 stores, bringing the number of stores in which customers can purchase the brand to more than 400.
American Heritage’s Footprint Growing
Through these distributions, American Heritage has expanded its footprint in California, Florida, Texas, and New Mexico while entering new markets in New York and Oklahoma. Customers in these states should visit the American Heritage website, click on 'Stores', and enter their zip code to find the nearest location.
“In less than a week we have more than doubled our retail placement and broken through into the key state of New York. A number of large national retail outlets such as 7-11 are represented in our distribution portfolio and we are focused on nurturing an ongoing relationship with our retail partners,” said CEO of American Heritage Anthony Sarvucci, in a written statement.
On Mar. 17, AHII’s share price closed at $1.43, up 2 cents from the share price of $1.41 the previous day.
Find out what could be the best investor’s move when it comes to AHII by getting the complete report here, or by cutting and pasting the following link in your Web browser:
Tauriga Sciences Inc. Stock Volume Fueled By Recent Acquisition
The tremendous surge in stock volume comes on the heels of the Danbury, Conn.-based medical devise maker’s agreement to acquire what it described as “California's leading manufacturer of topical medicinal cannabis product since 2009.”
In the Mar.11 press release, Tauriga added that the products made by this unnamed manufacturer “were originally developed to assist people with: arthritis, sore/tense muscles, back/neck pain, sports injuries, cramps, spasms, and chronic aches. The long term plan is to aggressively expand its operations to other states and file for multiple patents to protect its unique formulations and delivery technologies.”
Mystery Company and Mystery Deal
Tauriga Sciences said it will reveal the identity of the California cannabis company that is being acquired within 10 days. All of terms of the acquisition have not yet been disclosed, but here is what the company did release:
“Tauriga has also agreed to pay to cannabis manufacturer, upon execution of the merger agreement $75,000 USD for working capital purposes, and within 10 days of the execution of this merger agreement an additional $100,000 USD for working capital purposes, which will be credited towards any financing obligations of Tauriga as part of the overall transaction,” the press release said.
It will be interesting to see how this announcement will affect TAUG’s stock volume and share price.
On Mar. 17, TAUG’s share price closed at 10 cents, up 3 cents from the share price of 7 cents the previous day.
Find out what could be the best investor’s move when it comes to TAUG by getting the complete report here, or by cutting and pasting the following link in your Web browser:
Advanced Micro Devices Inc. Plagued By Class-Action Lawsuits
Meanwhile, a growing number of class-action lawsuits being filed against semi-conductor maker Advanced Micro Devices Inc. (NYSE:AMD - News) regarding alleged misrepresentations about its Advanced Micro Devices with the product name “Llano,” is helping to drive its robust stock volume.
For example, 20,004,146 AMD shares changed hands by the close of the market Mar. 17. AMD’s share price closed at $3.80, down 5 cents from its closing price of $3.85 the previous day.
Advanced Micro Devices is a semiconductor company with facilities around the world. It operates in two segment including computing solutions and graphics and visual solutions.
Find out what could be the best investor’s move when it comes to AMD by getting the complete report here, or by cutting and pasting the following link in your Web browser:
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