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Shares of Sefe Inc. (SEFE) Rose Higher in Tuesday’s Session

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Shares of Sefe Inc. (OTC: SEFE), a technology-and solutions-driven company, rose sharply in Tuesday’s trading session.

The penny stock of SEFE ended the day 11.90% higher at $0.940, with volume at 3.38 million. Despite Tuesday’s gains, SEFE shares are down more than 13% in the last three trading sessions.

SEFE recently provided an update to shareholders on a number of recent developments. The company said that it has begun negotiating with a potential strategic partner on its alternative on its alternative energy initiatives. SEFE expects to provide details in the coming weeks.

SEFE also said that it is in the process of reviewing and negotiating several shareholder friendly financing proposals.

Posted by on Wednesday, May 9th, 2012. Filed under Internet, Stocks. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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