Wondering why is AmBase Corp. (ABCP) stock running so hard? Read OPINION & ORDER at this link. “…This opinion disposes of the calculation of damages owed to Plaintiffs. Taken into consideration in this opinion are damages trial testimony, deposition testimony, expert reports, exhibits, post-trial briefs, and closing arguments. For the reasons stated below, Plaintiffs are […]
OXiGENE, Inc. (OXGN) announced restructuring of its clinical programs & new focus of the company: Phase 3 registrational study of ZYBRESTAT in patients with anaplastic thyroid cancer & Phase 2 ZYBRESTAT trial in non-small cell lung cancer have been put on hold. Investigator-sponsored Phase 1 trial of OXi4503 in patients with AML or myelodysplastic syndrome […]
Crowne Ventures Inc. (CRWV) implemented anomalous share-dumping event for the second day in a row. Neither company’s press releases nor million dollars promotion helped to prevent the share-selling pressure. However, today CRWV didn’t have significant T-Trades ( only 30,000 shares versus 6,000,000 as of yesterday) & we’re watching CRWV for the bounce. Today’s news: Crowne Ventures, […]
AVIX Technologies, Inc. (AVIX) shares sunk for 50% today on almost 20X 10day average volume. AVIX announced today that Actus Interactive Software (“ACTUS”), its proposed wholly owned subsidiary, has deployed during the last ninety days its Multi-touch capable, Interactive Kiosk platform in a wide range of hotel locations from coast to coast. Installations began in May […]
TiVUS, Inc. (TIVU) today announced it has established a comprehensive hotel industry distributor network through its new strategic partnership with TEL Electronics, Inc. […] “I am pleased to announce this vital strategic partnership with TEL,” commented Phil Marriott , TiVUS ‘ executive vice-president of sales. “TEL brings over 33 years of experience in hotel communication […]
NuPathe Inc. (NASDAQ: PATH) today announced that it has received a Complete Response Letter (CRL) from the U.S. Food & Drug Administration (FDA) regarding the New Drug Application (NDA) for its migraine patch (Zelrix). PATH shares plunged to $2.06 at pre-market trading hours. PATH traded over 5.7M shares compared to 204K 10day average volume. Our […]
EGPI Firecreek, Inc. (OTCBB:EFIR) announced today that company is in the final stages of negotiations to acquire multiple leases for oil and gas production in East Texas and Louisiana. […] Negotiations for the acquisition have been ongoing and are estimated to include acquiring 100% working interests and 80% of the corresponding net revenues of the […]
Bayport Corporation (EXTO) announces today 71.6% reduction of its authorized shares. EXTO traded over 10day average volume as of 10 a.m. EST. Exit Only, Inc./Bayport Corporation Announces 71.6% Reduction of Authorized Shares SANTA MONICA, CA — (MARKET WIRE) — 08/29/11 — Exit Only, Inc. (PINKSHEETS: EXTO) today announced that its recently acquired Bayport Corporation , […]
The most talked-about penny stocks on the street: Crowne Ventures Inc. (CRWV), Infrared Systems International (IFRS), Next One Interactive, Inc. (NXOI) & SavWatt USA, Inc. (SAVW) Crowne Ventures Inc. (CRWV): PSH alerted subscribers to this play in Wednesday’s newsletter. “Buy on dips” – our tactic worked beautifully as nearly tripled our position with buys from $.052 to […]
Shares of Star Scientific, Inc. (Nasdaq: CIGX) plunged almost 50% today on the decision issued today by the Federal Circuit Court of Appeals. Star Scientific, Inc. so far lost its patent-infringement trial against Reynolds American Inc. A few quick facts: Star Scientific has numerous valid patents, their CigRX is a proven working product, Anatabloc launch […]
