Penny Stock News: Anoteros Completes Merger with COA Holdings, Inc.

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We are very pleased that we were able to complete this merger, we believe this was a necessary step that will allow us to fully implement our plan of operations.

Harbor City, CA (PRWEB) May 03, 2011

Anoteros, Inc. (OTCBB: ANOS) is pleased to announce the completion of a merger with COA Holdings, Inc., a Nevada corporation. Anoteros has acquired COA Holdings, Inc. through the merger of COA Holding, Inc. into Antero Payment Solutions, Inc., a Nevada corporation and wholly-owned subsidiary of Anoteros. As a result of the merger, COA Holdings will continue its current line of business as a wholly-owned subsidiary of Anoteros and will conduct its future operations under the name Antero Payment Solutions, Inc. Upon completion of the transaction, the former COA Holdings, Inc. shareholders will own approximately 90% of Anoteros, Inc. issued and outstanding common stock.

Penny Stocks are stocks traded for under $2 and they represent the small cap companies. They trade on the OTCBB so you will not find them on the major stock exchanges. They are very cheap stocks and normally come for businesses needing capital. They are a very risky investment as the business can go under and leave you with a stock worth nothing. However that being said penny stock trading can be a great money maker, and there are numerous traders who make 6 figures and more from them each year.

The best reasons to trade in penny stocks are the fact that they do not require a large initial investment, meaning that they are an affordable investment for many. Penny stocks are cheap. For example if you were to buy 1000 shares in a company with shares at 10 cents, you would only require an investment of $100, whereas if the shares cost $5 you would require an investment of $5000. Penny stocks also have the potential of huge gains, and have been known to rise as much as 1000% daily. Therefore your $100 investment can be worth $1000. This is very unlikely to happen to other stocks from large cap businesses.

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