Dallas 8/30/2012 10:37:18 PM
News / Finance

MFTH, GSV, APP are included in our Midday Stock Report

PennyTrader.com Presents Today’s Midday Stock Report: MFTH, GSV, APP

Medisafe 1 Technologies Corp. (OTCBB: MFTH) reached up 53.33% in morning trading to $.0023 with 35M shares traded. Medisafe 1 Technologies seeks to effectively prevent unauthorized administration of a drug or medicinal substance by hypodermic needle. Medisafe's patented technology is a medical assembly with a locking mechanism that is intended to ensure the substance cannot be released from the hypodermic needle without positive pre-matching between the substance and its intended patient. Medisafe 1 Technologies Corp. (MFTH) announced today that the company is in advanced negotiations to enter into a non-exclusive perpetual license agreement to transfer rights for the full commercialization, marketing and distribution of its patented medicinal locking mechanism and bar-code matching system.

Gold Standard Ventures Corp. (NYSE Amex:GSV) reached up 12.16% in morning trading to $1.66 with 550K shares traded. Gold Standard is a Canadian-based company focused on the acquisition and exploration of district-scale and other gold-bearing mineral properties exclusively in the State of Nevada, United States. The Company's flagship property is the Railroad Project, located in Elko County, Nevada. The Railroad Project is a prospective gold exploration target comprising approximately 19,764 acres (30.8 square miles) within the Carlin Trend of north-central Nevada. Gold Standard Ventures Corp. (GSV) today released additional information on the leases (the "Leases") entered into with various land holders encompassing approximately 4,128 net mineral acres of land adjacent to the Company's flagship Railroad gold project in Elko County, Nevada. Acquisition of these Leases was originally announced by Gold Standard in its news release of March 28, 2012.

American Apparel, Inc. (NYSE Amex: APP) reached up 10.68% in morning trading to $1.14 with 2M shares traded. American Apparel is a vertically integrated manufacturer, distributor and retailer of branded fashion basic apparel based in downtown Los Angeles, California. As of July 31, 2012 American Apparel had approximately 10,000 employees and operated 251 retail stores in 20 countries, including the United States, Canada, Mexico, Brazil, United Kingdom, Ireland, Austria, Belgium, France, Germany, Italy, Netherlands, Spain, Sweden, Switzerland, Australia, Japan, South Korea and China. In addition, American Apparel also operates a leading wholesale business that supplies high quality T-shirts and other casual wear to distributors and screen printers. American Apparel, Inc. (NYSE Amex: APP) announced preliminary comparable sales for the period August 1, 2012 through August 28, 2012, and reported that comparable store sales increased 24%, including a 24% increase in comparable store sales for its retail store channel and a 19% increase in net sales for its online channel.

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