OTC Market Movers: April 4, 2012

April 4, 2012

On The Upside:

Issuer Direct Corporation (OTCQB: ISDR.OB) announced today that its board of directors declared a quarterly cash dividend of $0.03 per share payable May 3, 2012 to shareholders of record as of April 19, 2012.  The stock jumped 14.11% to $3.80 on the news.

Shares of MEDL Mobile Holdings (OTCQB: MEDL.OB) were up 8.25% to $1.05 after the company announced that it has retained Merriman Capital, Inc. as its capital markets advisor.

The stock of Planet Payment, Inc. (OTCQX: PLPM.PK) added 3.16% to $3.92.  The stock has been strong since announcing earnings on Friday of last week.

On The Downside:

Shares of Florida Gaming Corp. (OTCQB: FGMG.OB) fell over 22% to $3.00 after the company revealed in its 10-K filing that it was in default of its $87 million credit agreement dated April 25, 2011.

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