Get the latest news on Zim stock with updates on market trends, financials, and analysis from Benzinga. Stay informed on ZIMCF performance

Latest Zim Stock News | OTC:ZIMCF | Benzinga

Zim Corp has sold its operations and is currently focused on biomedical research. The company focused all of its resources on developing intellectual property and advancing research and development in the areas of new synthetic drugs and immunotherapies. It generates geographic revenue from Canada.

News

Intraday Update

Markets

Movers

Trading Ideas

ACGLO

ACGLP

ACOPF

ACRL

AHNR

AKRO

ALMFF

AMAT

AMYZF

ANSS

APHD

ARCAY

ARCT

ARNGF

ASMIY

ASML

ASMLF

AUDC

BALMF

BGAVF

BHPBF

BKRRF

BPYPP

BYND

CAGDF

CHMA

CHOLF

CKDXY

CMPGY

CNMF

CNNB

CPRT

CRVL

CRWD

CVAS

CZMWY

DCGD

DISH

DRGDF

DYFSF

New Oriental Education & Technology Group

EFIN

ENPH

ESGRO

ESGRP

FALC

FRRVY

FTMNF

GKPRF

GNBT

GNCGF

GNRC

GNTX

HCHDF

HGKGY

IBERIABANK Corporation - Depositary Shares Representing Series B Fixed to Floating

IBKCP

ICGUF

IEHC

INGIY

IPHI

ISCB

ISDAY

ISVLF

JYNT

KDKN

KELYA

KGTFY

KLAC

KNTNF

KRYS

KTOS

LMEFF

LPLA

LRAD

LRCX

LSYN

LZAGF

Stocks that Broke 52-Week Highs Tuesday

Long Ideas

Short Ideas

Small Cap

After-Hours Center

CABN

CCGI

ZIMCF

Benzinga&#39;s Microcap Movers for Friday February 17, 2012: CABN, CCGI, ZIMCF

Zim Corp

Below are highlights from Benzinga's daily coverage of microcap securities making big moves:

ZIM Corporation

Shares of ZIM Corporation (<a class="ticker" href="/stock/zimcf#">ZIMCF</a>), the Ottawa, Canada provider of software products and services for the database and mobile markets, rose 8,900% Friday on only 90,000 shares.

Zim announced Friday its financial results for its second quarter ended December 31, 2011. All figures presented are calculated in accordance with generally accepted accounting principles in the United States and presented in US dollars. 

Revenue for the quarter ended December 31, 2011 was $483,869, a decrease from $503,425 for the same period last year. The decrease in revenue is primarily attributable to a decrease in SMS messaging and mobile content revenue. 

Net income for the quarter ended December 31, 2011 was $211,604 or a basic and diluted income per share of $0.002. The net income for the same period last year was $123,493 or a basic and diluted income per share of $0.001. The increase in net income principally reflects an increase in enterprise software sales, software revenue recognition and receipt of income tax credits related to research and development. 

ZIM Corporation closed at $0.01 on Friday.


Car Charging Group

Shares of Car Charging Group (<a class="ticker" href="/stock/ccgi#">CCGI</a>), the Miami Beach, FL supplier of EV charging services, rose 28% Friday on 14 times the average daily volume.

On January 31, 2012, Car Charging Group entered into a Stock Purchase Agreement with Platinum Partners Liquid Opportunity Master Fund, LP. Pursuant to the Purchase Agreement, the Company sold 500,000 shares of its common stock, $0.001 par value per share to the Purchaser at per share price of $1.00 for aggregate offering proceeds of $500,000. The proceeds received by the Company will be used for working capital and the acquisition and installation of Electric Vehicle Charging Stations

Car Charging Group closed at $1.80 on Friday.


Carbon Sciences

Shares of Carbon Sciences (<a class="ticker" href="/stock/cabn#">CABN</a>), the Santa Barbara, CA developer of processes to turn gas into transportation fuel, rose 32% Friday on twice the average daily volume.

On February 13, Carbon Sciences announced that it had filed two provisional patent applications related to its steam reforming catalyst technology. The patents are designed to provide comprehensive protection for its global intellectual property portfolio.

Carbon Sciences closed at $1.70 on Friday.

Benzinga's Microcap Movers for Friday February 17, 2012: CABN, CCGI, ZIMCF

Comments

Zim Stock News

News

Latest Zim Stock News | OTC:ZIMCF | Benzinga

Tuesday, July 23, 2019

Saturday, February 18, 2012

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga