Yippy, Inc. (OTCQX:YIPI) reached up 27.97% this morning following news about company's merger with MuseGlobal. Yippy, Inc. is a technology company that specializes in the development of search, data normalization, and aggregation through application service environments for consumer and enterprise markets. Yippy's proprietary web-based product suites are deployed over cloud architecture and provide secure, redundant and maintained Data as a Service for businesses and education markets. The Company also operates several online web properties and educational reference portals. Yippy has been approved to trade on the OTCQX U.S., the intelligent marketplace for the best OTC companies with the highest financial standards and superior information availability. Yippy, Inc. (YIPI) reported that the Company entered into an agreement to merge with MuseGlobal, a leading provider of content integration and data virtualization services.
ZaZa Energy Corporation (NasdaqCM: ZAZA) reached up 31.38% in morning trading to $4.27 with 1M shares traded. ZaZa Energy Corporation is a decidedly unconventional exploration and production company with a world-class portfolio consisting of resource assets in Texas, U.S.A and in the Paris Basin, France. ZaZa’s singular focus is the continuous, safe, and efficient development of its diverse and ever expanding oil and gas resource portfolio. ZaZa is committed to generating superior shareholder returns by leveraging its industry leading technical expertise to continuously streamline its operations, maximize production and reduce operating costs. ZaZa Energy Corporation (ZAZA) announced that it has simultaneously (i) signed a Heads of Agreement (“HoA”) with Hess Corporation (“Hess”) (collectively, the “Parties”) to effect a transaction that will lead to the termination or modification of the Parties’ 2010 agreements in Texas and France, (ii) amended the existing exploration and development agreement with Hess in Texas for which ZaZa has been paid an immediate cash consideration of $15 million; (iii) agreed to pay down its $100 million senior secured notes due 2017 by $33 million, and (iv) engaged Jefferies & Company, Inc. (“Jefferies”) to lead a joint venture process for ZaZa’s Eagle Ford core and Woodbine/Eaglebine assets.
Ampio Pharmaceuticals, Inc. (NasdaqCM: AMPE) reached up 11.46% in morning trading to $3.5667 with 1M shares traded. Ampio Pharmaceuticals, Inc. develops innovative proprietary drugs for inflammation, eye disease, kidney disease, CNS disease, metabolic disease and male sexual dysfunction. The product pipeline includes new uses for previously approved drugs and new molecular entities ("NMEs"). By concentrating on development of new uses for previously approved drugs, approval timelines, costs and risk of clinical failure are reduced because these drugs have strong potential to be safe and effective while their shorter development times can significantly increase near term value. A key strategy includes actively exploring partnership, licensing and other collaboration opportunities to maximize Ampio's product development programs. Ampio Pharmaceuticals, Inc. (AMPE) announced today that it's CRO has completed analysis of the primary end point in the Optina™ clinical trial for DME conducted at St Michael Diabetes Hospital in Toronto Canada.
Thwapr, Inc. (OTCBB:THWI) reached up 33.33% in morning trading to $.044 with 700K shares traded. Thwapr is a mobile video sharing platform company that has engineered a proprietary technology to deliver the best possible mobile video quality and user experience regardless of device, network or carrier. Thwapr's seamless device agnostic process empowers users to socialize video content, and provides a solution to monetize the mobile community. Founded by digital video pioneers from Apple, Avid and MTV, Thwapr's patent-pending technology allows brands and marketers a new visual communication channel to engage the hundreds of millions of consumers with Web-enabled mobile devices. Thwapr, Inc. (THWI) today announced that it has signed an agreement with IgMobile Holdings Sdn Bhd to be Thwapr's exclusive Channel Partner for Malaysia.
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