Dallas, Texas, Aug 21, 2006 (M2 PRESSWIRE via COMTEX News Network) --
********* Pre-Market Updates for Monday include Med Gen, Inc. (OTCBB: MGEN), Entourage Mining, Ltd. (OTCBB: ETGMF), Chelsea Therapeutics International, Ltd. (OTCBB: CHTP), Maverick Oil and Gas, Inc. (OTCBB: MVOG), MIV Therapeutics Inc (OTCBB: MIVT), and Auctioncities.com Inc (OTC: AUCC) ********* Pre-Market Updates feature companies with significant moves in either volume or price in the past two trading sessions. In our update we analyze recent news about the companies featured and detail the movement in the stock.
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Med Gen, Inc. (OTCBB: MGEN) - Friday's shares stayed even at $0.0063 with a total of 14,653,800 shares traded. On Aug. 9, 2006, Med Gen Inc. announced that it has agreed to supply 350 units of its roll-on pain relief formula, Painenz , to the National Health & Wellness Club for member testing and approval. Med Gen has worked with the National Health & Wellness Club and their affiliate publication Health & Wellness previously, when they approved Med Gen's Snorenz , snoring relief brand by better than 77%. The club seal has since been affixed to all packaging and promotional materials. Paul Kravitz, Chairman said, "that an approval by Health & Wellness carry's significant marketing appeal and could well contribute to significant sales. I am pleased that Painenz has met the interest of this highly recognized organization and look forward to a successful test by 350 of their members."
Med Gen Inc., in business since 1996, manufactures and markets the world's first liquid spray snoring relief formula, Snorenz for which its founders received a patent in 1998. Since its existence, Med Gen has continued to develop its "sprays the way" technology, and in 2003 introduced Good Night's Sleep to the sleep-aid market. Both Snorenz and Good Night's Sleep are nationally advertised and marketed to major chain and drug stores as well as direct sales via the company web site. The company is now completing its testing on a radically different approach and delivery system for its weight loss program, UNDIET(TM). IRI, a retail data reporting service, suggests that the combined market for snoring and sleep aides could exceed $500 million and the weight loss market could exceed $60 billion by 2007. Med Gen Inc, is a full reporting company whose stock trades on the OTCBB under the symbol MGEN.
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!
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yeah hustl dont chase man, this could easily go to .01+ but it could also go the other way in pennyland. sorry u didn't see this the other day!!
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quote:Originally posted by atleast: did check big boards - no indication of any pump... looks like reversing is started.
yep, and this company knows how to keep little momo like this going, looking at the past. News is needed bad here that shareholders will like. then it will ride back to .03 at least. they do have a product. more than most subpennies have
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Got to watch this one early tomorrow. Might hit a huge quick spike early. Glad that other ppl are on this, was getting tired of trading posts with cactus for awhile...lol
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I've been in and out of this one many times. There's no reason for it to be this low, imo we'll definatly go up and if v get some news then we'll fly like last time when there were news out
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I'm holding too, got in pretty low, but would rather take a gain and then buy again low if this is bouncing back down...let's hope this is just a slight pullback...L2s would be good right about now.
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