MZBYE jumps, CMGR busy, UGDM demurs

Posted on Wednesday, December 22nd, 2010

Mezabay International Inc. (OTCBB: MZBYE) leaped in price 62.5 percent to 21-100ths of a cent. Volume was 6.69 million shares, towering over its normal volume average of 603,264 shares a day. The Company is engaged in the e-commerce business including IT consulting, programming and display advertising services.

Camelot Entertainment Group Inc. (OTCBB: CMGR) was busy in Wednesday trading, with 160.69 million shares changing hands, just shy of its usual daily average of 180.7 million. CMGR projects gross sales for 2010 to exceed $2,200,000, with revenues expected to exceed $500,000.

Universal Gold Mining Corp. (OTCBB: UGDM) scaled back 54.3 percent to 16 cents Wednesday, on volume of 58,000 shares, falling short of its daily average of 71, 543. UGDM is a gold exploration and development company aiming to develop a diversified portfolio of gold mining assets in frontier territories.

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