This one looks like it is coiling up tighter and getting ready to burst! Once it lets loose... good luck catching it! I believe it will run fast up to .08 - .10!
I tried calling matt from Apple (IR Firm) but he was out of the office all day. I will try again during the day tomorrow or Thursday if I get a chance! I have a couple questions for him including which national chains the products will be selling in and some details about their ad campaign! If anyone else has any info they want.. post it here and I will check back in before I call!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
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Could you also find out if they have any new products in Pipeline. Also when they expect there product to be out own shelfs and if they are on schedule with the release of there product.
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Tomorrow is your chance to get your cheap shares...
I noticed on the chart that there was a drop on higher than avg volume then 6 days of low volume w/upward movement, then another drop on above avg volume.
This has happened 4 times now.. so we will probably get 6 days of upward movement. My gut instinct is that MM's are shorting this (hence still listed on the sho list), and with some buying pressure it will go up big when they cover (Short Squeeze)
I am taking my GRDX profits and sticking them right here!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
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Well I beleive if this Stock can close back up around .03 by days end that next week could bring some huge gains. If you have been monitoring this stock you can see doesnt take make volume to move it one way or the other.
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Press Release Source: Addison-Davis Diagnostics, Inc.
Addison-Davis Receives $750,000 USD to Finance "Parents' Tool" Drug Test Program Friday September 23, 8:30 am ET
WESTLAKE VILLAGE, CA--(MARKET WIRE)--Sep 23, 2005 -- Addison-Davis Diagnostics, Inc. (OTC BB:ADDI.OB - News) is pleased to announce that they have received funding from their $750,000 financing. ADVERTISEMENT
The proceeds from the funding will be utilized to further its over the counter sales program for the "Parents' Tool" Drug Test Program and its Drug Stop product with the goal of a national distribution campaign. Addison-Davis will also be implementing the "Parents' Tool" interactive web portal which will allow parents to log on to chat, look up information, find local programs, and even post blogs all designed to help keep their children drug-free.
"We are very excited about getting this web portal up and running. The monies we received will enable us to execute our business plan and produce real results for our shareholders," 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 is to 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 at 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
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Well lets see if this news can start to generate this stock on a nice solid upward trend. Then have some big movement come next week.
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If ADDI keeps this upward trend on low volume could be looking at some big gains with volume this afternoon. Need a Nice swing up to make up for my losses own CSJJ.
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