Revolutionary Concepts Stock Rises 873%, Breaks Trading Barriers, Trades 79.26 Million Shares
February 19 2014 - 3:00PM
Marketwired
Revolutionary Concepts Stock Rises 873%, Breaks Trading Barriers,
Trades 79.26 Million Shares
Stock Rose to Peak of 1005% Over Previous Lowest Trading Day on
February 3, 2013
CHARLOTTE, NC--(Marketwired - Feb 19, 2014) -
Revolutionary Concepts Inc., (OTCQB: REVO), a publicly traded
company that develops online mobile video software and remote
security communication systems, announced that shares of its common
stock rose in price more than 842%, in the past two weeks.
Based on today's intraday trading, its price has traded as high as
$0.0185, as compared to its previous low closing price set on
Monday, February 3, 2014. On Tuesday, February 18, 2014, the
Company's stock traded over 70.26 million shares
The Company's stock has traded more than 338 million shares
since its announcement on Wednesday, February 12, 2014, that REVO
signed a multi-year global licensing agreement with a company for
them to commercialize REVO's patented "EyeTalk Communicator
System." The 338 million shares traded broke the trading barriers
and set an all-time new record high in trading volume for a week of
trading in the Company's History. Since Monday, February 3, 2014,
the Company's stock has traded over 531 million shares.
Encouraged by the news, investors have continued to buy REVO's
stock at a very high rate since Monday, February 3, 2014, which
drove the price to rise to a close of $0.0210 on Thursday,
February 13, 2014 for a total gain of 1005%.
Solomon Ali, REVO's Senior Vice President says, "We continued to
be encouraged by this ongoing interest in our Company and its plans
for potential growth and expansion. This is additional positive
news for our shareholders."
About Revolutionary Concepts Inc. REVO's primary business
is the design and development of the "EyeTalk" Communicator
technology, a mobile video, remote smart camera security
technology. The system is designed to provide nationwide protection
and monitoring of homes and businesses against
multiple threats including robbery, fire, theft, burglary and
other intrusions through mobile phones, wireless video and
remote smart camera security technology. REVO holds patented and
patent pending applications that utilize the technology in
medical/healthcare, sporting events, child monitoring and several
other key areas. For more information visit
www.revolutionaryconceptsinc.com.
Safe Harbor Statement - There are matters discussed in this
media information that are forward looking statements within the
meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6
under the Securities Exchange Act of 1934, and are subject to the
safe harbor created by those rules. Such statements are only
forecasts and actual events or results may differ materially from
those discussed. For a discussion of important factors which could
cause actual results to differ from the forward looking statements,
refer to Revolutionary Concepts Inc.'s most recent annual report
and accounts and other SEC filings. The company undertakes no
obligation to update publicly, or revise, forward
looking statements, whether as a result of new information,
future events or otherwise, except to the extent legally
required.
For inquiries contact: Media Relations Solomon Ali
704-837-5705