Stock Hot Tips Presents Updates on PWRM,COIN,SDR,URST
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12/10/2009 6:28:47 PM
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Thursday December 10, 2009
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Power3 Medical Products, Inc. (OTCBB:PWRM - News), (www.power3medical.com), announced that the company made significant advances in the technology for their BC-SeraPro serum protein based blood test for diagnosis of early stage breast cancer, as disclosed in recent filings of three pending US utility patent applications.
Converted Organics Inc. (NASDAQ:COIN) announced today that it received notice on December 4, 2009 from The NASDAQ Stock Market stating that the closing bid price of its common stock had fallen below $1.00 for thirty consecutive business days, from October 22, 2009 to December 3, 2009, and, therefore, that the Company was not in compliance with NASDAQ Listing Rule 5550(a)(2) (the "Rule") as of December 3, 2009.
Stroud Resources Ltd. (TSX VENTURE: SDR) ("Stroud") is pleased to announce that it has completed its previously announced non-brokered private placement of units. Stroud has issued and sold today 6,000,000 units at a price of $0.05 per unit raising gross proceeds of $300,000. Each unit consisted of one common share and one common share purchase warrant, with each warrant entitling the holder to acquire one common share at a price of $0.10 until December 10, 2010. The exercise price of the warrants was increased from the price originally announced to comply with regulatory requirements. In connection with the placement, the Company has paid finder's fees of $5,250 to registered dealers who have arranged for purchasers of units. All securities issued pursuant to the private placement are subject to a 4-month hold period.
Uranium Star Corp. (OTCBB:URST) (FRANKFURT:YE5) (the "Company") is pleased to announce that the Special and Annual Meeting of its Stockholders was held in Toronto, Ontario, Canada on December 9, 2009.
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