Tuesday's OTC Gainers: CIRC, SRCH, INTK, FNMA

POINT ROBERTS - September 7, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top gainers on the OTCBB for September 06.

CirTran Corp (OTC: CIRC) was the biggest gainer moving up 0.0008 (66.67%) to $0.0020 with more than 9.12 shares trading hands. In August, CirTran reported a gain of $6,005,885 in the value of derivatives it held during the quarter, as compared with a gain in derivative value of $120,652 in the same period in fiscal 2010. That substantial increase boosted the net income attributable to CirTran to $5,263,106 for the quarter as compared with a loss of $118,174 in the second quarter of fiscal 2010.
Searchlight Minerals Corp. (OTC: SRCH) surged 0.310 (59.62%) to $0.830 on over 3.65 million shares traded hands, compared to its average volume of 524K shares. The company announced the results of a progress report from independent engineering firm SGS Lakefield Research Chile, S.A. ("SGS").
Industrial Nanotech Inc. (OTC: INTK) added 0.0070 (33.33%) to $0.0280 on over 2.23 million shares - over 10X its average volume. Recently the company announced that they have begun shipment of 2,973 gallons of the Company's patented Nansulate(R) Translucent PT insulation and corrosion control coating to industrial contractor, Montaco, who will be applying the product on fuel oil storage tanks at the Porto refinery in Portugal beginning late August through September 2011.
Federal National Mortgage Association (OTC: FNMA) climbed 0.017 (5.21%) to $0.335. The percentage of mortgages in default more than 60 days in Fannie Mae’s portfolio have fallen to the lowest level in two years, another sign that defaults are slowly but steadily declining as more homeowners pay their mortgages on time.
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