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Penny Stock Sefe Inc. (SEFE) continues Slide on Friday’s Trading Session

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

The penny stock of SEFE ended the day 18.99% lower at $0.725, with volume at 2.66 million. The stock is down more than 20% in the last three trading sessions.

SEFE recently announced the filing of international protection for its intellectual property covering Strain Reduction on a Balloon System in Extreme Weather Conditions, Atmospheric Energy Collection and Collection of Atmospheric Ions.

CEO Donald Johnston said that SEFE’s technology has multiple potential applications, and part of the company’s long-term strategy has been to create distribution relationships for its technologies overseas.

Posted by on Monday, May 14th, 2012. Filed under Internet, Technology. 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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