Full Motion Beverage (OTC: FMBV), a new age beverage company, announced today that it has agreed to terms to acquire the assets of WM Holdings, makers of GX Supplements. Shares of Full Motion Beverage soared in today’s over-the-counter market following this announcement. Full Motion Beverage is up 105.6% from its previous close and traded over 1 million shares, bypassing its daily average of 72,077. The stock opened at a share price of $0.031, quickly touched an intraday high of $0.046, and eventually closed at $0.037 per share.
Full Motion Beverage now has an incredible gain of 266.3% since New Year’s Day. The stock has experienced some volatility in 2012. It rose and fell significantly several times throughout the year, reaching an annual high of $0.05 in April, and an annual low of $0.009 on July 31, 2012. Volatility is not necessarily a bad thing in certain cases, and such performance typically attracts investors to bet on this small cap stock.
On Twitter, @thestock411, @ClearLaura, and many others tweeted about Full Motion Beverage with enthusiasm today. @pennystock24 mentioned that VIP Stockalert, Stock Brain and a few others promoted Full Motion Beverage today. There are nine results found on stockpromoters.com regarding the promotion of Full Motion Beverage, but today’s promotions are not reported as being compensated.
Other notable headlines for Full Motion Beverage include:
- June 26, 2012: Full Motion Beverage announced that Investment Feature had conducted an audio interview with Dean Petkanas, the company’s Executive Director. The interview included an overview of Full Motion’s business and its forward-looking strategy.
- June 22, 2012: Full Motion Beverage announced that it had signed a letter of intent (LOI) with WM Holdings, makers of GX Supplements.
- June 21, 2012: Full Motion Beverage announced plans to launch its new DSD operations in the New York Market through its wholly owned subsidiary, Full Motion Warehousing.
Full Motion Beverage, incorporated in July 1987, is a diversified beverage company that owns, develops and markets brands in the non-alcohol sector of the beverage industry. Full Motion Beverage produces and wholesales ENERGIZE and other non-alcohol brands. Full Motion Beverage has two subsidiaries: Performaxx Brands and Pure Water Solutions. On April 19, 2010, it announced the acquisition of Pure Water Solutions.