Shares of MultiCell Technologies Inc. (OTC: MCET) are rallying in today’s trading after the company announced that the U.S. PTO has granted it a patent describing the isolation and use of human liver cells to treat liver diseases. MCET is a clinical-stage biopharmaceutical company developing novel therapeutics and discovery tools that address unmet medical needs for the treatment of neurological disorders, hepatic disease and cancer. Shares spiked over 360% by midday today, on significantly high volume of nearly 300 million shares.
Phoenix, Arizona-headquartered Bonanza Goldfields Corp. (PINK: BONZ) , an exploration and mining company, today said it is now ready to commence production at the Hull Lode and the Tarantula Gold claims. Shares of BONZ soared following the news, gaining almost 15% to $0.0085 by midday today, on strong volume of 10.75 million shares. (PINK:BONZ), (BONZ)
Shares of ValCom Inc. (PINK: VLCO) gained nearly 4% so far in today’s session, on above-average volume of 16.19 million shares. Clearwater, Florida-based VLCO, through its operating divisions and subsidiaries, creates and operates full service facilities that accommodate film, television and commercial productions with its four divisions comprised of television and film production, broadcasting (My Family TV Network), distribution, and live theater. (PINK:VLCO), (VLCO)
Cannabis Medical Solutions Inc. (OTC: CMSI) shares are jumping in today’s trading, spurred by news the company has executed a term sheet for up to $5 million in funding from a Chicago, Illinois-based private equity investment firm. CMSI specializes in merchant payment solutions and financial products for the medical marijuana and health care industries. Shares gained over 5% to $0.0120 so far in today’s session, with volume of over 3.25 million shares. (OTC:CMSI), (CMSI)
Shares of Environmental Infrastructure Hlds Corp. (OTC: EIHC) got a boost today after the company reported upbeat results for the full-year 2010, posting revenue of $3.27 million and record earnings for its Equisol subsidiary. EIHC is the parent company of various environmental manufacturing, engineering and services companies. Shares gained almost 86% to $0.0650 by midday today, on above-average volume of 3.82 million shares. (OTC:EIHC), (EIHC)
CopyTele Inc. (OTC: COPY) today said it has signed two license agreements with Taiwan’s AU Optronics Corp. (AUO) to produce and market COPY’s E-Paper and Nano Display technologies. AUO has agreed to pay up to $10 million for both technologies. Shares of COPY soared following the news, gaining 56% to $0.390 by midday today. (OTC:COPY), (COPY)
Shares of of Compass Biotechnologies Inc. (OTC: COBI) plummeted almost 17% to $0.250 so far in today’s session, with volume of over 664K shares. COBI, a specialty biopharmaceutical company, today said its president and COO, Dr. Joseph Sinkule, has been invited to speak at this year’s The World Generic Medicines Congress Americas. (OTC:COBI), (COBI) (source : www.beaconequity.com )
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