ABPA pledges higher, TADF merges, PGRD purges

Posted on Wednesday, December 15th, 2010

Allegiance Bank of North America (OTCBB: ABPA) screamed 150 percent in price Wednesday afternoon to 35-100ths of a cent. Volume of 222,500 shares compared favorably with its daily average of 84,271.

Tactical Air Defense Services Inc. (OTCBB: TADF) dealt in 66.24 million shares by early afternoon Wednesday, compared to an average of 12.73 million a day. Share prices inched up 2.56 percent to four-10ths of a cent. The aerospace/defense services contractor based in Carson City, Nev., announced this week that it has executed an Agreement and Plan of Merger with Tactical Air Support, Inc.

Proguard Acquisition Corp. (OTCBB: PGRD) fell in price by 60 percent Wednesday to six cents. Volume for this stock was 21,500 shares, compared to a daily average of 3,455.

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