For Thursday, August 16th
CFBK, PURE, ABHI, RNTL, AHFD, CDOI
Our Stocks to Watch today include U.S. Corp. (OTC: HAIR), Central Federal Corp. (Nasdaq: CFBK), Pure Bioscience Inc. (NASDAQ: PURE), AmbiCom Holdings Inc. (OTC: ABHI), Rockwood National Corp. (OTC: RNTL), Active Health Foods Inc. (OTCBB: AHFD) and Cardio Infrared Technologies Inc. (OTC: CDOI).
BIOSTEM U.S. CORPORATION (OTC: HAIR)
Detailed Quote: http://www.otcpicks.com/quotes/HAIR.php
Company Profile: http://www.biostem.us
Biostem U.S., Corporation (HAIR) is a fully reporting Nevada corporation with offices in Clearwater, Florida. Biostem U.S. is a technology licensing company with proprietary technology centered on providing hair re-growth using human stem cells. The company also intends to train and license selected physicians to provide Regenerative Cellular Therapy treatments to assist the body's natural approach to healing tendons, ligaments, joints and muscle injuries by using the patient's own stem cells. Biostem U.S. is seeking to expand its operations worldwide through licensing of its proprietary technology and acquisition of existing stem cell related facilities. The company's goal is to operate in the international biotech market, focusing on the rapidly growing regenerative medicine field, using ethically sourced adult stem cells to improve the quality and longevity of life for all mankind.
August 13 - Biostem Medical Director, Dr. Marina Pizarro Performs First Biostem Method™ of Hair Re-Growth Procedures at Orlando Training Facility Located at the Pizarro Hair Restoration Clinic
Pizarro Hair Restoration Clinic Now Ready to Train Biostem Affiliates From Around the United States
Biostem U.S., Corporation (OTC: HAIR) ("Biostem" or "the Company") is a fully reporting public company in the stem cell regenerative medicine sciences sector. President, John Satino announced today that the Pizarro Hair Restoration Clinic in Orlando, Florida is now equipped and ready to begin offering The Biostem Method™ of hair re-growth using the patient's own adult cells in a minimally invasive, painless procedure. In addition, Biostem Medical Director and Trainer, Dr. Marina Pizarro is ready to offer onsite training to new Biostem affiliates.
According to Satino, "This week, Dr. Pizarro treated her first two patients using The Biostem Method™ of hair re-growth in her Orlando office. This paves the way for Biostem to start offering affiliate agreements throughout the country in response to the many inquiries from physicians who want to offer this transplant alternative to their patients. We are making plans to open affiliate offices in major cities soon, after which we will expand the services to rural and international locations focusing first on Europe and Asia."
As a side note, Satino stated that, "While the industry typically sees more males requesting hair transplant for hair re-growth solutions, it is interesting that the first two treatments Dr. Pizarro performed were on women. Statistics do show that women suffer hair loss in significant numbers, yet are less likely to go through the transplant procedure. The Biostem Method™ finally offers women as well as men, a viable and proven alternative."
CENTRAL FEDERAL CORPORATION (NASDAQ: CFBK)
"Up 40.21% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/CFBK.php
Central Federal Corporation operates as the holding company for CFBank that provides various financial services. It accepts various deposit products that include savings accounts, retail and business checking accounts, money market accounts, and certificates of deposit. The company’s loan portfolio comprises commercial, commercial real estate, and multi-family mortgage loans; single-family residential mortgage loans; construction, land, and land development loans; and consumer loans, including home equity lines of credit, automobile loans, home improvement loans, and loans secured by deposits. It also provides Internet banking, mobile banking, remote deposit, corporate cash management, and telephone banking services. As of April 19, 2012, Central Federal Corporation had four full-service banking offices in Fairlawn, Calcutta, Wellsville, and Worthington, Ohio. The company was formerly known as Grand Central Financial Corp. The company was founded in 1892 and is headquartered in Fairlawn, Ohio.
No recent news for Central Federal Corporation (Nasdaq: CFBK).
PURE BIOSCIENCE INCORPORATED (NASDAQ: PURE)
"Up 17.59% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/PURE.php
Pure Green, LLC is the international distributor of PureGreen24 disinfectant and deodorizer. Pure Green is dedicated to reducing health risks caused by exposure to pathogens without endangering humans and animals during the disinfecting process. PureGreen24 kills MRSA and Staph, yet also kills common household germs and provides 24-hour effectiveness against standard bacteria. PureGreen24 can be used in the presence of children and animals.
August 14 - PURE Bioscience Announces 1-for-8 Reverse Stock Split
PURE Bioscience, Inc. (NASDAQ: PURE), the creator of the patented silver dihydrogen citrate (SDC) antimicrobial, today announced it has finalized a reverse stock split. As previously announced in a news release dated August 1, 2012, Pure Bioscience’s stockholders approved a reverse stock split at the Company’s annual meeting of stockholders convened July 31, 2012. The Company’s Board of Directors was authorized to proceed with an amendment to the Company’s Certificate of Incorporation to effect a reverse stock split and determine the effective date of the reverse split and the ratio of the split within a range of no less than 1-for-4 or greater than 1-for-10.
The Board of Directors has determined to fix the ratio for the reverse stock split at 1-for-8, with an expected effective date to be following the close of the market today, and trading on a post-reverse split-adjusted basis on the NASDAQ Capital Market to begin as of the opening of trading on August 15, 2012. The Company’s common stock will continue to be reported on the NASDAQ Capital Market under the symbol “PURE” (although NASDAQ will likely add the letter “D” to the end of the trading symbol for a period of 20 trading days to indicate that the reverse stock split has occurred). The common stock will have a new CUSIP number (74621T 209) upon the reverse stock split becoming effective.
Upon the effectiveness of the reverse stock split, each eight (8) shares of the Company’s issued and outstanding common stock will be automatically combined and converted into one (1) issued and outstanding share of common stock, par value $0.01 per share. The reverse stock split will affect all issued and outstanding shares of the Company’s common stock, as well as common stock underlying stock options, warrants, and convertible notes outstanding immediately prior to the effectiveness of the reverse stock split. The reverse stock split will reduce the number of outstanding shares of the Company’s common stock currently outstanding from approximately 57.8 million to approximately 7.2 million. The number of authorized shares of the Company’s common stock will not be affected by the reverse stock split.
No fractional shares will be issued in connection with the reverse split of the issued and outstanding common stock. Stockholders who would otherwise hold a fractional share of the Company’s common stock will receive a cash payment in lieu of such fractional share based on the average closing price of the common stock on the NASDAQ Capital Market for the five trading days prior to the effective date of the reverse stock split.
Stockholders with shares held in book-entry form or through a bank, broker, or other nominee are not required to take any action and will see the impact of the reverse stock split reflected in their accounts after August 15, 2012. Beneficial holders may contact their bank, broker, or nominee for more information. Stockholders with shares held in certificate form are required to exchange their stock certificates for book-entry shares representing the shares of common stock resulting from the reverse stock split. Shortly after August 15, 2012, registered holders who hold stock in certificate form will receive a Letter of Transmittal and instructions for exchanging their certificates from the Company’s transfer agent, Computer Share.
AMBICOM HOLDINGS INCORPORATED (OTC: ABHI)
"Up 101.61% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/ABHI.php
AmbiCom is headquartered in Milpitas, California, and is a leading designer and developer of wireless products focusing on the wireless medical industry. The Company's wireless modules and devices are based on the Company's innovative application software for both WiFi and Bluetooth technologies. AmbiCom is committed to wireless design and development of software and hardware, and to bringing new and innovative products to the wireless medical markets and other sectors. AmbiCom also serves as a distributor for innovative healthcare products both in the US and abroad. The Company plans to grow organically, and to augment that growth by selectively acquiring complementary products and technologies via acquisition opportunities deemed to be of strategic value.
No recent news for AmbiCom Holdings, Inc. (OTC: ABHI).
ROCKWOOD NATIONAL CORPORATION (OTC: RNTL)
"Up 333.33% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/RNTL.php
Rockwood National Corporation operates as a real estate services organization in the United States. It offers default loss mitigation, real estate brokerage, mortgage lending, and title insurance services. The company, through its subsidiary, Elite Home Loans, offers mortgage lending services on a national level. Rockwood National Corporation is based in Boca Raton, Florida.
No recent news for Rockwood National Corporation (OTC: RNTL).
ACTIVE HEALTH FOODS INCORPORATED (OTCBB: AHFD)
"Up 11.11% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/AHFD.php
Active Health Foods, Inc., a development stage company, develops and markets energy bars under the ‘Active X’ brand name in the United States. It offers energy bars in almond chocolate delight, peanut butter chocolate joy, cashew berry dream, and coconut cocoa passion flavors. It intends to sell its products to retailers, including health food stores, gyms, grocery retail outlets, and convenience stores, as well as to distributors. Active Health Foods, Inc. was founded in 2008 and is based in Riverside, California.
August 10 - Active Health Foods, Inc. Announces ACTIVE X BARS Will Be Featured At The 'Annual UNFI West Supplier Conference'
Active Health Foods, Inc. (OTCBB: AHFD), the maker of "Active X™" 100% Organic Certified, 100% Natural, Kosher and Vegan Certified Energy Bars and "All Natural Flavors," a sparkling, flavored, sugar free beverage, announces that its energy bars will be featured when UNFI holds its annual "UNFI WEST SUPPLIER CONFERENCE" on August 20th, 2012 at the Rancho Bernardo Inn in San Diego.
This event is an opportunity for Active Health Foods, Inc., as a vendor of UNFI, to meet with and educate all 95 of UNFI's sales team members who will be going out representing ACTIVE X BARS in addition to F & M Merchant Group across America calling on every major grocery retailer, some convenience store chains and hundreds of Mom and Pop retailers that buy from UNFI.
Company and product signage will identify Active Health Foods, Inc.'s location at the show as UNFI sales team members move around the room stopping at each vendor's table in groups of 3 at a time in 15 minute intervals until Active has seen all 95 team members. Eager to hear about ACTIVE X BARS and what promotions Active has for them to offer their retailers, they will be ready to go out and secure distribution and begin to write orders. As they leave Active's location they will be handed a brochure with valuable information about ACTIVE X BARS and samples of each of the 4 flavors.
"Adding a sales team of 95 very excited UNFI sales leaders is a major step in securing retail distribution, driving sales volume, and creating product exposure essential for our success," said Greg Manos, President and C.E.O. of Active Health Foods, Inc. who added, "We look forward to a long and mutually beneficial working relationship with UNFI."
In addition to excellent distribution services, UNFI provides a range of innovative, value-added services for its customers and suppliers including marketing and promotional tools, merchandising, category management and store support services.
CARDIO INFRARED TECHNOLOGIES INCORPORATED (OTC: CDOI)
"Up 100.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/CDOI.php
Cardio Infrared Technologies, Inc. is a technology and marketing company, which is focused on developing the revolutionary and evolutionary process of combining exercise equipment with medical benefits that go far beyond the normal benefits of standard exercise equipment. Cardio Infrared Technologies, Inc. is committed to continue to market this equipment to the exercise and medical markets and to aggressively expand the market into every country around the world. The technology has been featured on Good Morning America and The View. Cardio Infrared Technologies, Inc. also has an aggressive growth plan that includes mergers and acquisitions and the development of innovative new equipment and programs within the exercise and medical industries.
No recent news for Cardio Infrared Technologies, Inc. (OTC: CDOI).