In this short segment we will cover the most essential news released in pre-market hours.
CoreStream Energy, Inc. (ZLUS.PK) today announced the successful drilling of the State Lease #2 well in the Catahoula Lake area in LaSalle Parish, LA, an area of significant proven reserves that has seen considerable success in the past. Full Release. The news may warrant a positive reaction in terms of share price.
Novadel Pharma Inc. (NVDL.OB) announced that it has received a $500,000 milestone payment from Akrimax Pharmaceuticals. The milestone payment was received in connection with the license and distribution agreement, dated October 27, 2009, between NovaDel Pharma Inc. and Mist Acquisition, LLC, an affiliate of Akrimax Pharmaceuticals. The agreement provides Akrimax with a license to manufacture and commercialize NitroMist® in North America. NitroMist is NovaDel’s oral spray formulation of nitroglycerin, which has been approved by the FDA for acute relief of an attack of angina pectoris, or acute prophylaxis of angina pectoris, due to coronary artery disease.
This cash injection may be well received by shareholders and further interest potential investors.
International Development & Environmental Holdings (OTCBB:IDEH) continues to actively pump up their stock. See International Development & Environmental Holdings (OTCBB: IDEH): More Holes Than A Block of Swiss Cheese. The company took on another round of promotion while it continued releasing ‘acquisition’ news. This morning the company has informed shareholders that it will be a good steward to the properties it plans on acquiring. How cute. Avoid this one if possible.
My Freightworld Technologies, Inc. (MYFT.PK) anounced the appointment of a new Director, Russ Hafferkamp. You can read about him in the Full Release. Management is often overlooked as a key ingrediant to a successful company. Experienced and talented persons are needed to steer this company, and any company for the matter, in the right direction. Good piece of news for shareholders.