Tuesday's Penny Stocks OTC Winners: (OTC: ELTP), (OTC: COIN), (OTC: COBI) (OTC: CTLH)

POINT ROBERTS - September 28, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for September 27th.

Elite Pharmaceuticals, Inc (OTC:ELTP) was the biggest gainer soared 0.025 (33.33%) to $0.100 with more than 11.21 million shares trading hands after the company and ECR Pharmaceuticals ("ECR"), a wholly owned subsidiary of Hi-Tech Pharmacal (Hi-Tech), announced today the launch of Lodrane D(R). Lodrane D(R) is an immediate release formulation of brompheniramine maleate and pseudoephedrine HCl, an effective, low-sedating antihistamine combined with a decongestant.
Converted Organics Inc. (OTC:COIN ) surged 0.0114 (25.56%) to closed at $0.0560 on over 3.36 million shares , compared to its average volume of 631K shares after the company has signed an agreement with South Canyon Waste Systems, LLC (SCWS) to provide financing for the Industrial Wastewater (IWW) project at the South Canyon Landfill in Glenwood Springs, Colorado.
Compass Biotechnologies, Inc. (OTC: COBI) added 0.0055 (13.92%) to $0.0450 on over 5.16 million shares - over 50X its average volume. The company announced that it has entered into an expanded relationship with PanGen Biotech of South Korea, which will allow Compass to offer a globally marketed comprehensive laboratory reagents product line for sale under the Compass Biotech name.
CLAVIS TECHNOLOGIES INTL (OTC: CTLH) climbed 0.010 (11.11%) to $0.100. The Company announced that the Company has entered into a contract with SKC, Inc., a world leader in polyester films, to develop a RFID-based product management system for its film products.
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