Medisafe 1 Technologies Corp. (OTCBB: MFTH) reached up 103.45% in morning trading to $.0059 with 30M 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. (OTCBB: MFTH) announced today that due diligence by both parties to the sale has been successfully completed, and the sale is expected to be finalized and initiated by November 5 2012.
RF Micro Devices, Inc. (Nasdaq:RFMD) reached up 14.50% in morning trading to $4.4999 with 14M shares traded. RF Micro Devices, Inc. is a global leader in the design and manufacture of high-performance radio frequency components and compound semiconductor technologies. RFMD's products enable worldwide mobility, provide enhanced connectivity and support advanced functionality in the mobile device, wireless infrastructure, wireless local area network (WLAN or WiFi), cable television (CATV)/broadband, Smart Energy/advanced metering infrastructure (AMI), and aerospace and defense markets. RFMD is recognized for its diverse portfolio of semiconductor technologies and RF systems expertise and is a preferred supplier to the world's leading mobile device, customer premises and communications equipment providers. RF Micro Devices, Inc. (Nasdaq:RFMD) today announced the appointment of Alan Hallberg as the Company's corporate vice president and chief marketing officer (CMO). In the role of CMO, Mr. Hallberg will oversee RFMD's global marketing activities and will be based in RFMD's growing Silicon Valley, CA, location. He will report to RFMD's president and CEO Bob Bruggeworth.
Entrée Gold Inc. (NYSE MKT:EGI) reached up 23.81% in morning trading to $.52 with 550K shares traded. Entrée Gold Inc. is a Canadian mineral exploration company balancing opportunity and risk with key assets in Mongolia and Nevada. As a joint venture partner with a carried interest on a portion of the Oyu Tolgoi mining complex in Mongolia, Entrée Gold has a unique opportunity to participate in one of the world''s largest copper-gold projects managed by a premier mining company - Rio Tinto. Oyu Tolgoi, with its series of deposits containing copper, gold and molybdenum, has been under exploration and development since the late 1990s. Phase 1 is on the verge of production, and Entrée Gold could see first development production from the joint venture ground as early as 2015. Entrée Gold Inc. (ETG.TO)(NYSE MKT:EGI)(EKA.F) today announced that it has received the results of a positive Preliminary Economic Assessment ("PEA") for its 100%-owned Ann Mason copper-molybdenum porphyry deposit in Nevada ("Ann Mason" or the "Project").
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