On The Upside:
Shares of Latitude Solutions, Inc. (OTCQB: LATI.OB) popped 18.52% to $1.60 after the company announced agreements with two companies for the pilot test deployment of its Integrated Water Systems™ technology to service coal fired power utilities.
Viterra, Inc. (OTCPink: VTRAF.PK) issued a statement regarding the reports that there are third party expressions of interest of at least C$16 per common share. Shares rose nearly 10% to $16.22.
The stock of Origen Financial, Inc (OTCPink: ORGN.PK) was up 9.42% to $1.41 after the company announced an improvement in its net loss for the fourth quarter and year ended December 31, 2011. The company’s board of directors also declared a common stock dividend of $0.15 per share as a return of capital.
On The Downside:
Rotech Healthcare, Inc. (OTCQB: ROHI.OB) announced disappointing 2011 results sending the stock down 24.12% to $1.29.
Shares of Niko Resources Ltd. (OTCPink: NKRSF.PK) fell 7.24% after the company announced a downward revision in reserves at its D1/D3 fields.