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GALT, ICOR, IDOI are included in our Midday Stock Report

Posted on 7/23/2012 11:32:30 AM in #Stocks | 0 comments comments

 



Galectin Therapeutics
(
Nasdaq:
GALT) reached up 82.80% in
morning trading to $3.2355 with 900K shares traded. Galectin Therapeutics
is developing promising carbohydrate-based therapies for the treatment of
fibrotic liver disease and cancer based on the Company's unique understanding
of galectin proteins, key mediators of biologic function. They are leveraging
extensive scientific and development expertise as well as established
relationships with external sources to achieve cost effective and efficient
development. They are pursuing a clear development pathway to clinical
enhancement and commercialization for their lead compounds in liver fibrosis
and cancer. Galectin Therapeutics (GALT) today announced that it has received a
notice of issuance from the U.S. Patent and Trademark Office for Patent Number
8,236,780 “Galactose-prolonged polysaccharides in a formulation for
antifibrotic therapies”.





InterCore Energy,
Inc. (OTCBB:
ICOR
)
reached
up 34.33% in morning trading to $.09 with 700K shares traded. InterCore Energy,
Inc. is a public company that, in addition to managing its own operating
entities, plans to participate in emerging companies in the energy sector that
are run by exceptionally talented entrepreneurs and operating executives who
are dedicated to creating positive change in our world. InterCore functions as
an owner, product developer, and investor focused primarily on providing
equity, acquisition debt, or bridge financing to emerging high-growth companies
and entrepreneurs in the area of clean energy. InterCore Energy, Inc. (OTCBB:
ICOR) announced that on Friday, July 20, 2012, its Board of Directors adopted a
resolution granting warrants to the Company's senior management team. The
structure of the warrant packages is consistent with one of the basic operating
principles of ICOR: that management's rewards would be linked to ICOR's
financial performance. The intention has always been that management would have
performance-linked incentives that places the management team and the Company's
investors on the same side of the table.





IDO Security Inc. (OTCBB:IDOI) reached up 12.20% in
morning trading to $.69 with 2M shares traded. Headquartered in New York with a
subsidiary in Israel, IDO Security designs, develops and markets the patented
MagShoe™ shoe scanning device (SSD), filling a critical void in today's
detectors by extending screening to the lower body and feet. MagShoe™'s
"shoes-on" design maximizes security, thoroughness and accuracy while
eliminating the need to remove shoes for increased convenience and safety;
neither invasive nor harmful to the body as some of the other screening devices
currently used in the marketplace. Ideal for security and loss prevention at
virtually any facility, MagShoe™ is currently in use worldwide at international
airports, cruise lines, government agencies, correctional facilities, mints and
more. IDO Security Inc. (IDOI) Friday announced that the Company is
demonstrating the MagShoe at an Illinois prison facility as a pilot program for
Illinois officials to confirm the effectiveness of the MagShoe to combat the
penetration of cellular phones, electronic devices and weapons that have been a
known concern in correctional facilities across the U.S.



 



For
a detailed quote on any of the following companies, or to read the full news
articles visit PennyTrader.com



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Disclosure:
PennyTrader.com is not currently being compensated for any stocks covered in
this midday report.



PennyTrader.com is not a registered investment advisers
or broker/dealer. PennyTrader.com makes no recommendation that the purchase of
securities of companies profiled in this press release is suitable or advisable
for any person or that an investment such securities will be profitable. In
general, given the nature of the micro cap companies covered and the potential
lack of an active trading market their securities, investing in such securities
is highly speculative and carries a high degree of risk. For our full
disclaimer go to CLICK
HERE



 

 

 

 

 

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