What’s Next: Peregrine Pharmaceuticals (NASDAQ:PPHM), Active Health Foods Inc (OTCBB:AHFD), Journal of Radiology Inc (OTCBB:JRRD)
Houston, TX – July 02, 2013 – (MESHPRESS) – Holeinonestocks.net, an investor research portal specializing in several sectors including biotech and healthcare and tech stocks on the U.S. market, issues news updates on the following stock:-
Peregrine Pharmaceuticals (NASDAQ:PPHM) shares gained 7.84% to $1.45. The company, on June 27, provided an update on its bavituximab oncology program including financing activities focused on advancing its lead program into a pivotal Phase III trial and adapting its clinical development plan in accordance with the recent increased understanding of the immune-stimulatory properties of bavituximab.
In May, the company reached an agreement with the Food and Drug Administration (FDA) on a Phase III trial design in second-line non-small cell lung cancer (NSCLC) with bavituximab and docetaxel, presented data from its trial supporting this study in early June and is now in the process of initiating the pivotal Phase III trial by year-end.
Additionally, PPHM’s stock had its price objective decreased by Roth Capital from $7.00 to $5.00 in a report released on June 28.
Active Health Foods Inc (OTCBB:AHFD) stock is trading at $0.0002. The 52 week trading range for the company is $0.00 – $0.01. The shares of the company is trading on 12.55 million shares. The shares of the company plunged 95% in the last one year.
The company is a development-stage company. The Company is engaged in providing organic energy bars under the brand name Active X. Active X bars are organic, moist and flavorful. Active X energy bars come in four flavors: Almond Chocolate Delight, Peanut Butter Chocolate Joy, Cashew Berry Dream and Coconut Cocoa Passion.
Journal of Radiology Inc (OTCBB:JRRD) stock surged 50% to $0.0003 in the early hour. The 52 week trading range for the company is $0.00 – $0.20. The shares of the company plunged 98% in the last six months.
For the three months ended March 31, 2013, the company had revenues of $0 compared to $0 for the three months ended March 31, 2012. The company recorded revenues of $105,000 for the cumulative period from Inception (May 21, 2009) through March 31, 2013.
The company are completely dependent upon the willingness of its management to fund their initial operations by way of loans from their Chief Executive Officer. The Company has been in the development stage since its formation and has not yet realized a profit from its planned operations.
The company was organized under the laws of the State of Nevada on May 21, 2009. The Company was established as part of the Chapter 11 reorganization of AP Corporate Services, Inc. (“AP”). Under AP’s Plan of Reorganization, as confirmed by the U.S. Bankruptcy Court for the Central District of California, the Company was organized to own and develop a professional journal devoted to radiology.
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