The Growth of The U.S Economy In the Second Quarter Fuels Small Cap Stocks

CORAL GABLES, FL / ACCESSWIRE / June 25, 2015 / The U.S economy slightly fell in the first quarter of 2015 as it had a hard time with bad weather, a strong dollar, spending cuts in the energy sector and interruptions at West Coast ports. However in the second quarter the economy is showing growth and has rebounded thus far. A rebounding economy can equate to an uptrend in “Blue Chip” stocks, as more investors are willing to invest money in a bullish market. This growth also has ignited movement in small cap companies such as Soligenix, Inc. (OTCQB: SNGX), FBEC Worldwide Inc. (PINKSHEETS: FBEC) and Dominovas Energy Corp. (OTCQB: DNRG).

Soligenix, Inc. is a late-stage biotech company that owns the intellectual property, preclinical and clinical data for SGX301, a novel orphan drug treated for cutaneous T-cell lymphoma. The company recently announced that SGX301 would initiate phase III trials with the help of the National Organization for Rare Disorders (NORD) and the Cutaneous Lymphoma Foundation (CLF). Over the last 5 days Soligenix, price per share has surged 95% from a low of $1.51 to a new 52 week high of $2.95 Wednesday after the news was released. Soligenix price target that was set by Zacks Small Cap Research is $5.50 per share and the stock is currently priced at $2.53.

FBEC Worldwide Inc. offers consumers their signature H.E.M.P infused energy shot. The cannabis space is valued at 3.1 billion dollars according to TheStreet.com. Since May, FBEC has made key announcements that have been the driving force for the increase in stock price from lows of $0.02 to highs of $0.12 in June. One announcement they made was the distribution deal with J&D Labs to manufacture hemp infused nutraceuticals. J&D Labs has over 25 years of experience and a team of 300 experienced members ranging from pharmacists, microbiologists, engineers and chemists. FBEC is currently trading between $0.08-$0.10.

Dominovas Energy Corp. is an energy company that offers an off-grid RUBICON Solid Oxide Fuel Cell system announced an historic partnership with the U.S government. The fuel cell system has been named the first, and only fuel cell Company chosen as a Private Sector Partner to President Barack Obama’s POWER AFRICA INITIATIVE. Over the last 2 days Dominovas Energy Corp. has seen an impressive run opening June 23rd at $0.0052 and seeing a price increase spiking 1,601% to a high of $0.0885 on June 24th. Earlier in June Dominovas entered into a second power provider agreement in the Democratic Republic of the Congo as well as signing a multi-megawatt agreement.

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