Portlogic Systems Inc. (OTCBB: PGSY) reached up 62.50% in morning trading to $.39 with 2.5M shares traded. Portlogic Systems Inc. is a mobile and Internet software developer and solutions provider for electronic payments, ticketing and marketing delivery and community communication systems. Portlogic Systems Inc. (OTC.BB: PGSY) announced Friday the appointment of AdaptMedia Inc. as its exclusive out-of-home advertising agency. Portlogic will use AdaptMedia's vast National network to deploy its mobile marketing network in Canada.
Dutch Gold Resources, Inc. (PINK: DGRI) reached up 32% in morning trading to $.0033 with 52M shares traded. Dutch Gold Resources, Inc. is engaged in the acquisition and development of gold properties in North America. The company's strategy is to focus on overlooked resources that can be quickly and cost-efficiently brought into production, and to seek out potentially significant exploration targets in high value geographies. The Basin Gulch project Montana, and the Gold Bug Mine in Oregon comprise the Company's current portfolio. Dutch Gold Resources, Inc. (DGRI.PK) announced Friday that it has scheduled a press conference to announce important new corporate developments and an expansion of its business strategy. The webcast will be held May 17, 2012, 1:15 EDT from NASDAQ MarketSite 4 Times Square New York, NY.
Tii Network Technologies, Inc. (NasdaqCM: TIII) reached up 42.07% in morning trading to $2.06 with 3M shares traded. Tii Network Technologies, Inc. headquartered in Edgewood, New York, designs, manufactures and sells products to the service providers in the communications industry for use in their networks. Their products are typically found in the Telco Central Office, outdoors in the service providers' distribution network, at the interface where the service providers' network connects to the users' network, and inside the users' home or apartment, and are critical to the successful delivery of voice and broadband communication services. Tii Network Technologies, Inc. (TIII) today reported results of operations for the three months ended March 31, 2012. Net sales for the three months ended March 31, 2012 were $12,926,000 compared to $14,976,000 for the comparable prior year period, a decrease of $2,050,000 or 13.7%. The sales decrease was primarily due to a decrease in sales for the Porta Copper Products Division partially offset by increased sales of core business products and increased Tii Fiber Division sales of $520,000.
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