posted
Medical Services Receives Regulatory Approval in Saudi Arabia PR Newswire - November 15, 2006 12:47 PM ET
Related Quotes Symbol Last Chg MSITF Trade 0.0002 0.00 Real time quote.
Medical Services International Inc. (OTC: MSITF) is pleased to announce that it has received regulatory permission to sell its VScan HIV test kit in Saudi Arabia. Testing completed by regulatory agencies shows that once again the VScan test kit exceeded 99% accuracy in terms of sensitivity and specificity. The Company is currently negotiating several large orders with distributors in the Middle East. Market studies and information obtained from regulatory agencies shows that the market in the Middle East will exceed 1,000,000 test kits per year.
In regard to Europe, the VScan HIV test kit is currently approved by regulatory agencies in Russia, Ukraine, Balkans and India. The Company through its distributor has applied for approval in the European Union (CE). Once approval in the European Union is obtained, the Company will have extensive coverage all over Europe, Asia and the Middle East. VScan test kits are currently being shipped into 17 countries in the above noted areas. With the anticipated CE approval that number will increase significantly. Worldwide, the Company is currently shipping into 29 countries. Within the next year, the Company expects to increase the number of countries it is shipping VScan test kits to greater than 60.
About VScan
The VScan rapid test kit is a single use, disposable, accurate, cost effective, easy to use, test for the screening of HIV1&2, Hepatitis B&C, Tuberculosis (TB), Dengue Fever, West Nile, Syphilis, Malaria and Prostate Cancer. The kits cannot be sold in Canada.
Medical Services International Inc. trades in the United States on the NQB Pinksheets under the symbol "MSITF." For further information, please contact Robert Talbot at (780) 430 6363 or http://www.medicalservicesintl.com or http://www.minerva-biotech.com .
NOTE: Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions, risk in product development, market acceptance of new products and continuing product demand, level of competition and other factors described in Company reports and other filings with regulatory bodies.
posted
Careful with this one...Info from their website
Medical Services International Inc. stock trades on the NQB Pink Sheets (what is the Pink Sheets?) in the United States under the symbol MSITF. The Company is considered a foreign issuer that is why there is an F at the end of the stock symbol. The consequences of this is that trading volume is not available in real-time during the day. Instead, it is only reported after the close (usually around 6:30 pm).
There are approximately 15 Market Makers actively trading the Stock. At any point there can be up to an additional 10 Market Maker's on the BID or the ASK.
Shares Outstanding as at June 30, 2004 3.1 Billion
52 week price range: $0.0001 - $.02 * Prices are in U.S. Stock was consolidated 15:1 on February 20, 2001
-------------------- To reach hill top start from the top Posts: 461 | Registered: Jul 2006
| IP: Logged |
posted
I see it's 52 week on the charts as .0001 - .0030???
-------------------- "Sometimes I lie awake at night, and ask, 'Where have I gone wrong?' Then a voice says to me, 'This is going to take more than one night.'" - Charlie Brown (Charles Shultz) Posts: 719 | From: Leesburg, VA | Registered: Jul 2005
| IP: Logged |
posted
i jsut got some at .0002 but it doesnt show my buy and i filled...what the hell is up with that...unless alphatrade and my streamer are both down...but i doubt that
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
| IP: Logged |
posted
Please read the above post from jos_tul. Volume not available in real-time. Great gamble with that news though.
Posts: 395 | From: south dakota | Registered: Nov 2006
| IP: Logged |
Reason for Rejection We were unable to process this order as trading on this security has been halted.
Market orders are not permitted for a stock that is halted.You can submit a Day order with a limit price for this security or wait until the halt is lifted and then submit your order.
Posts: 1580 | From: World | Registered: Jul 2006
| IP: Logged |
posted
For those of you that are still invested in this sleeper.FYI! Just got off phone with company and got a few questions answered!
1. New website with company udates will be released soon. 2. Financials will be out Dec.-Jan. time frame.
Posts: 395 | From: south dakota | Registered: Nov 2006
| IP: Logged |
posted
Member Rated: posted December 27, 2006 11:00 -------------------------------------------------------------------------------- MSITF (.0002) Completes Further Testing of Its VScan HIV Test Kit With Excellent Results
PR Newswire "US Press Releases "
EDMONTON, Alberta, Dec. 27 /PRNewswire-FirstCall/ -- Medical Services International Inc. (Pinksheets: MSITF) is pleased to announce that it has completed additional testing of its VScan HIV test kit with the National Institute For Communicable Diseases. The regulatory agency tested 500 VScan HIV test kits with the following test results: Sensitivity- 100%, Specificity- 100%. It is very rare for a test kit to test with such accuracy. The final report also refers to ease of performance with a rating of "very easy to use" and suitability for use rating as "very suitable." A report of this magnitude from an agency with the excellent reputation of the National Institute For Communicable Diseases confirms the reliability of the VScan HIV test kit.
This report once again demonstrates the accuracy of the VScan HIV test kit. The many excellent independent test results are now being included in new updated marketing brochures and will be included on the new website that is currently being constructed. It is felt that reports of this magnitude combined with additional approvals in more countries combined with the new website will significantly increase kit sales in 2007. The Company is looking forward to an exceptional new year.
About VScan
The VScan rapid test kit is a single use, disposable, accurate, cost effective, easy to use, test for the screening of HIV 1&2, Hepatitis B&C, Tuberculosis (TB), Dengue Fever, West Nile, Syphilis, Malaria and Prostate Cancer. The kits cannot be sold in Canada.
NOTE: Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions, risk in product development, market acceptance of new products and continuing product demand, level of competition and other factors described in Company reports and other filings with regulatory bodies.
SOURCE Medical Services International Inc.
Posts: 395 | From: south dakota | Registered: Nov 2006
| IP: Logged |
posted
bought this as a lotto ticket but as I read these articles! when this company gets US approval and they will, this could be a pretty good play. they make it sound as though these tests are as easy to use as pregnancy tests and you know the sales on those things 20 or 30 years ago.
Posts: 395 | From: south dakota | Registered: Nov 2006
| IP: Logged |
posted
there are some other recent PR's too that arent posted on this thread. you all should read FYI. IMO
Posts: 395 | From: south dakota | Registered: Nov 2006
| IP: Logged |
posted
I dont doubt that there has been some. still curious. I have had 4M shares for awhile now and it is worth the wait to see one way or another. could be worse lotto tickets LOL. IMO!! time will tell.
Posts: 395 | From: south dakota | Registered: Nov 2006
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
thanks alot!
