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New York, December 27, 2013 / Accesswire / – Market Buzz Report, which provides live alerts on penny stocks, issues critical stocks analysis for Facebook Inc (NASDAQ:FB), Endeavor IP, Inc. (ENIP), Bison Petroleum, Corp. (BISN), WPCS International Incorporated(NASDAQ:WPCS).
Facebook Inc (NASDAQ:FB) shares dropped 0.47% to $57.46 in the pre-market hour. The company on Dec. 20 announced the pricing of its underwritten registered public offering of 70,000,000 shares of its Class A common stock at a price to the public of $55.05 per share. A total of 27,004,761 shares are being offered by Facebook, and a total of 42,995,239 shares are being offered by certain selling stockholders, including 41,350,000 shares offered by Mark Zuckerberg. Closing of the offering is expected to occur on December 26, 2013, subject to customary closing conditions.
Additionally, the company on Dec. 17 said it soon plans to begin video advertising within members’ News Feeds, a move that takes aim at massive spending budgets for television ads. The social-networking giant says in a “short amount of time” marketers will be able to tap into video ads. Facebook is testing out an ad for the film Divergent with a small number of people this week.
Endeavor IP, Inc. (ENIP) stock closed at $0.66. On December 5, 2013, Endeavor IP, Inc. (the “Company”) held a presentation at the 2013 LD Micro Conference in Los Angeles, California.
Additionally, the company on Nov. 19 announced that it has been issued a Notice of Allowance from the United States Patent and Trademark Office (“USPTO”). The Notice of Allowance pertains to its wholly-owned subsidiary Endeavor MeshTech, Inc. and the patent titled Wireless Communication Enabled Meter and Network.
Bison Petroleum, Corp. (BISN) stock closed at $0.87. On December 12, 2013, Bison Petroleum, Corp. (the “Company”) entered into a Lease Purchase Agreement with Nelan Advisors Corporation, a British Virgin Islands corporation (“Nelan”), whereby Nelan conveyed a 50% working interest certain oil and gas leases issued by the State of Montana that pertain to properties within the State of Montana.
Bison is the successor in interest to Nelan, and will issue 150,000 shares of its common stock comprised of “restricted securities” as defined in Securities and Exchange Commission Rule 144 and the assumption of the payments of Nelan to its predecessors under the leases, of $100,000 in 60, 120 and 180 days from the effective date of the Lease Purchase Agreement or December 12, 2013.
WPCS International Incorporated (NASDAQ:WPCS) stock climbed 82.12% to $2.73 in the pre-market hour. The company on Dec. 26 announced that its wholly-owned subsidiary, BTX Trader, LLC (“BTX Trader” or “BTX”) has released a beta version of its Windows-based trading platform that is now available to the public at www.btxtrader.com. BTX Trader, which was recently acquired by WPCS, is the first trading platform to enable Bitcoin traders and industry researchers to access market data and execute orders on the five most popular Bitcoin exchanges in a single application.
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