Stocks soared on Tuesday, after Federal Reserve Chair Janet Yellen’s testimony before Congress was far more dovish than investors were anticipating. Overall, the Dow Jones Industrial Average gained 0.57%, S&P 500 rallied 0.73%, and Nasdaq jumped 1.10%, during trading on Wednesday, July 12, 2017. The testimony also provided a lift for commodities: crude oil jumped 0.82%, gold rallied 0.38%, and silver climbed 1.01%.

Micro-cap indices skyrocketed higher on Wednesday, as all ten indices saw positive price action today. Leading the rally was the OTCQX Canada Index, which jumped 1.72% during trading on Wednesday, July 12, 2017.

OTC Markets Wednesday, July 12, 2017
OTC Markets Wednesday, July 12, 2017

Today’s Top OTC Winners:

  • SW Innovative Holdings, Inc. (OTC Pink: SWHI) +188.89%: Shares of the local telephone service provider skyrocketed 188.89% on Wednesday, July 12, 2017. The company reported second quarter 2017 earnings, which showed total revenue of $9,539 and a net loss of $44,700.
  • Integrated Ventures, Inc. (OTCQB: EMSF) +172.73%: Shares of the acquisition & development company shot up 172.73% on Wednesday, after the company announced it has signed a letter of intent to acquire assets of AgroPharma Laboratories, an industrial chemical company.
  • Rich Pharmaceuticals, Inc. (OTC Pink: RCHA) +156.25%: The pharmaceutical developer surged 156.25% today, after the company filed an 8-K detailing of three separate convertible note conversions.
  • Dolat Ventures, Inc. (OTC Pink: DOLV) +28.38%: Shares of the electric vehicle battery and charging technology company rebounded 28.38% on Wednesday, but there were no new updates or press released today. Overall, the stock saw volume of 17.14 million shares on the day.
  • Cannabics Pharmaceuticals, Inc. (OTCQB: CNBX) +20.99%: The cannabis pharmaceutical developer climbed 20.90% on Wednesday, July 12, 2017, after the company announced it has executed a final collaboration agreement with SIMFO GmbH, a German cancer diagnostics company.
  • Aphria, Inc. (OTCQB: APHQF) +16.17%: Shares of the medical cannabis producer rallied 16.17% on Wednesday, July 12, 2017. In addition, the stock was featured in one of our early trading articles this morning; read about it here.
  • mCig, Inc. (OTCQB: MCIG) +14.85%: The vaping and e-cig manufacturer gained 14.85% on Wednesday, but there was no news or press released today. Overall, the stock saw volume of 4.29 million shares on the day.
  • OWC Pharmaceutical Research Corp. (OTCQB: OWCP) +14.56%: Shares of the Israeli cannabis and research company increased 14.56% on Wednesday, but there was no official news or press released today. Overall, the stock saw volume of 1.98 million shares on the day.

Today’s Top OTC Losers:

  • Gold Lakes Corp. (OTC Pink: GLLK) -50%: The gold mining company dove 50% on Wednesday, despite the company’s recent announcement of removing $480,000 in debt from its balance sheet.
  • Dewmar International BMC, Inc. (OTC Pink: DEWM) -23.70%: Shares of the brand management company dropped 23.70% on Wednesday, after the company announced that its CEO has been named to the board of the Minority Cannabis Business Association (MCBA).
  • Tempus Applied Solutions Holdings, Inc. (OTCQB: TMPS) -17.45%: The government contractor declined 17.45% on Wednesday, but there was no official news or press released today. Overall, the stock saw volume of 2.24 million shares on the day.
  • Viva Entertainment Group, Inc. (OTC Pink: OTTV) -15.69%: Shares of the diversified media and entertainment company closed down 15.69% today, but there was no news or press that could be found. Overall, the stock saw volume of 170.95 million shares on the day.

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