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Shares of Augme Technologies Inc. (AUGT) Climbing in Early Friday Trading

Shares of Augme Technologies Inc., a provider of strategic services and mobile marketing innovation to leading consumer and healthcare brands, are climbing in today's trading.

The acquisition of key mobile innovation patents

Augme Technologies this week announced the acquisition of key mobile innovation patents. AUGT acquired a family of five issued U.S. patents, which cover Voice over Internet Protocol and other important mobility inventions.

Nathaniel Bradley, Chief Research Officer at Augme Technologies, said that the patent acquisition supports AUGTs growth strategy, which includes the monetization of the company's Hipcricket operating business and intellectual property portfolio.

Large caps like Google and Apple can takes years to double nevertheless we see explosive penny stocks that DOUBLE or TRIPLE every week.

More information: Tech24