Dallas 8/30/2012 11:36:02 PM
News / Business

HAIR, STEM, CHMR and MFTH are the Daily Market Mover(s) for August 30th from OTCPicks.com

OTCPicks.com Presents Today’s Daily Market Mover(s) HAIR, STEM, CHMR and MFTH

BIOSTEM U.S. CORPORATION (OTC: HAIR)

Biostem U.S., Corporation (HAIR) is a fully reporting Nevada corporation with offices in Clearwater, Florida. Biostem U.S. is a technology licensing company with proprietary technology centered on providing hair re-growth using human stem cells. The company also intends to train and license selected physicians to provide Regenerative Cellular Therapy treatments to assist the body's natural approach to healing tendons, ligaments, joints and muscle injuries by using the patient's own stem cells. Biostem U.S. is seeking to expand its operations worldwide through licensing of its proprietary technology and acquisition of existing stem cell related facilities. The company's goal is to operate in the international biotech market, focusing on the rapidly growing regenerative medicine field, using ethically sourced adult stem cells to improve the quality and longevity of life for all mankind.

STEMCELLS INCORPORATED (NASDAQ: STEM) "Up 17.39% in morning trading"

StemCells, Inc. is engaged in the research, development, and commercialization of cell-based therapeutics and tools for use in stem cell-based research and drug discovery. The Company's lead therapeutic product candidate, HuCNS-SC® cells (purified human neural stem cells), is currently in development as a potential treatment for a broad range of central nervous system disorders. In a Phase I clinical trial in Pelizaeus-Merzbacher disease (PMD), a fatal myelination disorder in children, the Company has shown preliminary evidence of progressive and durable donor-derived myelination in all four patients transplanted with HuCNS-SC cells. The Company is also conducting a Phase I/II clinical trial in chronic spinal cord injury in Switzerland and recently reported positive interim safety data for the first patient cohort. The Company has also initiated a Phase I/II clinical trial in dry age-related macular degeneration (AMD), and is pursuing preclinical studies in Alzheimer's disease. StemCells also markets stem cell research products, including media and reagents, under the SC Proven® brand.

CHIMERA ENERGY CORPORATION (OTCBB: CHMR) "Up 23.26% in morning trading"

Chimera Energy Corp. is a Texas corporation listed on the OTCBB under the trading symbol "CHMR." Chimera Energy Corp. acquires, develops, licenses and sells new energy technology and products that are designed to profit from the current domestic shale oil boom. CHMR competes in an industry sector that includes Halliburton (HAL), Schlumberger (SLB), EnCana Corporation (ECA) and Continental Resources, Inc. (CLR).

MEDISAFE 1 TECHNOLOGIES CORPORATION (OTC: MFTH) "Up 66.67% in morning trading"

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.

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