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Addison-Davis Secures $750,000 in Financing Tuesday September 13, 12:30 pm ET
WESTLAKE VILLAGE, CA--(MARKET WIRE)--Sep 13, 2005 -- Addison-Davis Diagnostics, Inc. (OTC BB:ADDI.OB - News) is pleased to announce that they have secured $750,000 in financing. The Company has concluded negotiations and terms are to be released upon closing. The Company expects the financing to close the week ending September 16, 2005.
ADVERTISEMENT "The present financing will allow Addison-Davis to execute its awareness campaign of its new Parents' Tool Drug Test Program," stated Edward W. Withrow III, CEO of Addison-Davis.
The "Parents Tool" Drug Test, a self-contained NIDA (National Institute of Drug Abuse) 5-panel drug test, will be marketed by national retail chains throughout the United States. The "Parents Tool" drug test will screen for Amphetamines (Crystal Meth), Cocaine, Opiates, Phencyclidine (PCP) and Marijuana (THC).
About Addison-Davis
Addison-Davis Diagnostics, Inc. is responding to industry demands by supplying quick response diagnostic tests that are user friendly, produce fast simple results and are less costly, less problematic and less time consuming. Addison-Davis is currently focused on bringing fast and reliable "Point-of-care" Diagnostic Testing through the use of its patented technology to Healthcare Professionals, Hospitals, certain branches of the Government and the Workplace environment for drugs-of-abuse and medical conditions and diseases.
For more information please visit our website www.addisondavis.com or contact Matt Maguire 1-866 THE APPL(E)
Safe Harbor
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Distributed by Filing Services Canada and retransmitted by Market Wire
Contact:
Contact: Matt Maguire 1-866 THE APPL(E)
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posted
L2 at close: BID: 4 MM's @ 25 (ETRD, NITE, SCHB, TDCM) 1 MM @ 24 2 MM @ 23 3 MM @ 21
ASK: 1 MM @ 28 (Nite) 1 MM @ 29 (Schb) 1 MM @ 30 1 MM @ 32 1 MM @ 33 1 MM @ 38 2 MM @ 45
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Willimas is oversold Wilders will probably cross in a couple days with some buying pressure. Stochs turning up MACD ready to cross CCI is showing oversold and is beginning to trend up! This ran from .017 to .120 on July 11th with just 5 million in volume!
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Addison-Davis Commences the Development of Their Parent Community Internet Portal Thursday September 8, 8:30 am ET
WESTLAKE VILLAGE, CA--(MARKET WIRE)--Sep 8, 2005 -- Addison-Davis Diagnostics, Inc. (OTC BB:ADDI.OB - News) is pleased to announce that they have hired Etonic Solutions of Atlanta, GA, to build their Parent Community Internet Portal. The Portal will be designed to inform parents on drug related issues by serving as a resource for parents to access local and National agencies. The portal will also enable parents to post messages, blogs, share stories, and obtain expert advice on how to deal with the issues of drug use among their children.
"I'm excited to participate in such an important project. I believe that in working together with Addison-Davis, parents will have a 'safe' place to come and face the nationwide drug problem in our youth," stated Alex Redovian, CEO of Etonic Solutions.
"We believe this portal will allow our companies to make a major impact in addressing the problems and providing solutions to parents dealing with kids and drugs," stated Edward Withrow III, CEO of Addison-Davis Diagnostics.
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Addison-Davis Diagnostics Parents' Tool Drug Test to Be Marketed by National Retail Chains Throughout the U.S. Beginning First Quarter 2006 as Reported on ****************.com Tuesday August 23, 11:22 am ET
WESTLAKE VILLAGE, CA--(MARKET WIRE)--Aug 23, 2005 -- Addison-Davis Diagnostics, Inc. (OTC BB:ADDI.OB - News) is pleased to announce that their "Parents' Tool" Drug Test Program will be marketed by national retail chains throughout the U.S. beginning in the first quarter 2006, as reported on ****************.com.
"Addison Davis' strategy will allow the retailers to participate in the program. This aspect of the strategy is designed to have the retailer become known as really caring for the mothers in their customer base -- an extremely good marketing step." states Larry Oakley in his column.
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posted
No one else is posting here, but the first PR above mentions that they will close on their funding by 9/16.
I suspect that once the funding is finalized, they will announce some details of their ad awareness campaign. I also would like to see details of which national chain is going to carry their product which would make sense to advertise... "...You can purchase our product at your local <insert local drugstorre chain here WalGreens/Eckerds>..."
I bought in today and plan on picking up some more tomorrow. With some buying pressure, this one will fly as their is a low float yet still some good volume!
The recent drop can also be attributed to the fact that it has been shorted, so with a little rise in pps, the shorts will want to cover thus causing some extra buying pressure.
Threshold Security List - Wednesday, September 14, 2005 Symbol Security Name Market Category Reg SHO Threshold Flag ABLE ABLE ENERGY INC S Y ADDI ADDISON-DAVIS DIAGNOSTICS, INC U Y
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posted
"Drug Stop" has already received 510K and Over-The-Counter Clearance from the FDA. "Drug Stop" is a self-regulating urine specimen test using the latest on-site drug screening technology. The process used by the "Drug Stop" product is one of the easiest to use on-site drug screening tests. Addison-Davis is targeting the $2.2 Billion substance abuse market with "Drug Stop."
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posted
How did I miss this one? Nice find. Got my eye on it at the open.
Posts: 8024 | From: Joisey....see attitude above | Registered: Jan 2004
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can't tell how long on the list... just that they are there!
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looking good this morning.. couple buys on the ask! MACD is going to cross today with a couple u/t or on Monday!
It is looking great for a big run next week!
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posted
a/s is like 5bil,you didnt mention that Sir. too many mms holding shares and shorting how do you have the monthly volume with such a little float,shorting,tell people all the truth,But i agree charts look great on the techie side of the street,AND I AM NOT WITH MOMO!!Im gonna call it like i see it from now on.no disrespect Fo2
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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Well I just got 22,000 in at .03. Looking forward to next week and any Positive Press Release to push this stock Up.
Posts: 162 | From: Acworth | Registered: Aug 2005
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Well like to say Thank You to person who put this Stock on the Board. After reading the News and a little Research this Stock is Poised for Huge Profits for us Investors in the coming weeks. I must go LOng on this One.
Posts: 162 | From: Acworth | Registered: Aug 2005
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quote:Originally posted by CAPTNEMOS: a/s is like 5bil,you didnt mention that Sir. too many mms holding shares and shorting how do you have the monthly volume with such a little float,shorting,tell people all the truth,But i agree charts look great on the techie side of the street,AND I AM NOT WITH MOMO!!Im gonna call it like i see it from now on.no disrespect Fo2
No disrespect there nemo.... just because they have a ton of A/S doesn't mean they are all outstanding....
I called this one based on the chart and the fact that they are receiving their financing this week. Once they get the cash, they can do something with it... i.e. ad campaign....
I would like to see a little buying pressure and then the shorts try to cover, forcing this baby up big time!
It will happen!
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Yes that would be ideal to put it to the mms,but rarely happens,good luck,charts say its primed,3 of the worst mms hold most shares thats what i dont like.
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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Thought that is was a Positive that it closed near it high for the day. Monday can expect more news or tuesday as to the Finalizing of the funding. Then look forward to there ad campaign. Which I beleive will push this stock upto .20 in coming weeks.
Posts: 162 | From: Acworth | Registered: Aug 2005
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Man I cant wait for monday own this one. Actually the hole week I think this one moves up. Think it could be at .12 by end of week. I watched this friday allday and it doesnt take much buying to move this stock up in large amounts.
Posts: 162 | From: Acworth | Registered: Aug 2005
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Put this one own your Radar this morning. When the News start coming out this week will be looking at big gains all week long. .12 to .20 is not out of the question by the end of this week
Posts: 162 | From: Acworth | Registered: Aug 2005
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posted
I think write now is the time to get in at this price level. Once the NEWS start rolling out. This stock will move up fast and furious.
Posts: 162 | From: Acworth | Registered: Aug 2005
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