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Author Topic: MGRN - Big News
Smash
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Monogram Energy, Inc. Acquires Triad Therapeutics, Inc.
3 minutes ago - Pr Newswire

MGRN 0.0002 100.00%

As of 3:00 PM ET 11/19/09
Monogram Energy, Inc. ("Monogram") (Pink Sheets: MGRN) announced today that it had completed the acquisition of Triad Therapeutics, Inc. ("Triad"), which was effective as of October 30, 2009. Under the terms of the Stock Purchase and Recapitalization Agreement, shareholders of Monogram acquired 100% of the outstanding shares of Triad in exchange for approximately 95% ownership to the Triad shareholders in the combined company. Monogram intends to apply to FINRA to change their name to Triad Therapeutics Holdings, Inc. and obtain a new ticker symbol.

Triad Therapeutics, a Joint Commission (JCAHO) accredited company, provides complex intravenous pharmaceuticals and supplies along with clinical nursing/pharmacy services to patients at home and in alternate care facilities. The specialized IV infusion services involve the administration of compounded medications needed in the treatment of a wide range of acute and chronic conditions including; infectious diseases, intractable pain, cardiovascular disease, multiple sclerosis and other neuromuscular disorders, nutritional disorders, and auto-immune diseases, dehydration, and IV catheter insertions with routine maintenance. The therapies associated with these conditions do not fit into the retail drug distribution model due to cost and the need for specialized pharmaceutical compounding, handling, and the need for extensive patient training by IV certified nursing professionals.

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Smash
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Bumped up to .0003, and volume is 50x the average...
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Hot-Pepper
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I am in on this one
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Smash, do you know if it will ever get to 0.002 by next week ?
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I can even begin to think on the potential
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Smash
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Sheesh that would be a huge climb. I think we need a little more info on this aquisition before we can speculate on gains.
I like the story, and it seems like the company was quiet for a long time, so maybe this is a turn around.
IMO

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Smash
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Buys on the 3s are coming in like crazy now...
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Hot-Pepper
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Thank you Smash. I picked up more shares at 0.0003.
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I've been sitting on this for a while now, glad to see it's getting some movement.

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It is better to be humbled than ruined

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Smash
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Wow hot-pepper, good luck!

Talk about movement, almost 60X the average volume.

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It would be nice to see a 4 on the ask by EOD
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Smash
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Sheesh, we closed at .0002 thanks to the last freakin sale. Boy that's annoying. Oh well, I think it'll attract more attention tomorrow if we open back at 3 with a 50% gain.
Good luck peoples

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Yes you are right. It will probably open at 4 tomorrow. I'll be watching it tomorrow
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Oh cool, I just noticed that they ran the headline on Dow Jones News wire too, you rarely see that on otc stocks.
Headline reads:

Monogram Energy, Inc. Acquires Triad Therapeutics, Inc. >MGRN

Not too shabby. Good luck tomorrow!

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Damn I missed this one. Not able to check after lunch until now and this one looks like it will make it big. Will put in an order tonight to get some in the AM at .0003. GLTA

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JACKSY

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Hot-Pepper
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Brokes, you could have waited to pick this one today at 0.0002. I was contempleting on getting more shares at 0.0002 today at the low price, but time will tell. At least it's ticking. By the way XMDC that I picked a while back is on the the track to run again. I am not sure, but it's showing signs due to it's volatile nature that is good for us anywhere, depending on how we monitor it's movements.
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