Market Overview

Benzinga's Microcap Movers for Thursday February 23, 2012

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Below are highlights from Benzinga's daily coverage of microcap securities making big moves:

America West Resources

Shares of America West Resources (AWSR), the Salt Lake City, UT coal producer, rose 344% Thursday on 714 times the average daily volume.

Benzinga spoke with a representative of America West Resources who said there was no specific news to account for the huge price move, but mentioned that the company's 10Q filing was due by March.

America West Resources closed at $1.29 on Thursday.

Green Endeavors

Shares of Green Endeavors (GRNE), the Salt Lake city, UT hair salon operator, rose 125% Thursday on 334 million shares.

Green Endeavors announced Thursday that its newly formed subsidiary Landis Experience Center has made significant progress on its proposed Aveda Experience Center.

Richard Surber, CEO of GRNE, stated, "I have received sufficient funding commitments to complete the construction and initial inventory requirements to open our proposed Aveda retail store in Salt Lake City's City Creek Development."

Green Endeavors closed at $0.0009 on Thursday.

Uluru

Shares of Uluru (NYSE: ULU), the Addison, TX pharmaceutical company, rose 30% Thursday on 22 times the average daily volume.

Uluru, announced Thursday that an Australian Register of Therapeutic Goods Certificate has been issued by the Therapeutic Goods Administration approving the marketing of Altrazeal in Australia.

Strategically, this is an important market as the world's largest wound research program is currently being conducted at the Wound Management Innovation Cooperation Research Centre in Australia.

This centre's focus is the development of clinically and cost effective treatment regimens for the management of chronic wounds.

Uluru closed at $0.52 on Thursday.

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