Today's Biggest NASDAQ Stock Losers were IFLG, KINS, FRGB : by Penny Stock Pick Alert

November 24, 2009

(EMAILWIRE.COM, November 24, 2009 ) Dallas, TX - InfoLogix, Inc. (NASDAQ:IFLG) plunged 28.57% to $0.100 after the company 20 Nov 2009 announced that the Company , including its subsidiaries, have completed a restructuring transaction with its senior lender, Hercules Technology Growth Capital, Inc. (Hercules), pursuant to which a portion of the Company's outstanding debt with Hercules Technology I, LLC, a wholly owned subsidiary of Hercules, was converted into equity in the Company, the remaining outstanding debt with Hercules was otherwise restructured, the Company issued warrants to purchase equity in the Company to HTI, and certain other debt and earnout obligations with other parties were restructured.

Kingstone Companies, Inc. (NASDAQ:KINS) plunged 25.13% to $1.49. The stock hit an intraday high of $1.49. In the last six months the stock went down over 9%. Kingstone Companies, Inc., formerly DCAP Group, Inc., is engaged in the ownership of an insurance company. The Company focuses on automobile, motorcycle and homeowners insurance and its customer base is primarily individuals rather than businesses.

First Regional Bancorp (NASDAQ:FRGB) plunged 10.21% to $0.512. The stock hit an intraday high and an intraday low of $0.56 and $0.49 respectively. In the last six months the stock went down over 71%. First Regional Bancorp is the bank holding company of First Regional Bank, a state-chartered bank headquartered in the Century City office complex in Los Angeles, California. The Bank offers a range of lending services including commercial, real estate, and real estate construction loans.

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