North Bergen, New Jersey 2/2/2010 10:21:12 AM
News / Business

Best Penny Stock Newsletter puts Generex Biotechnology Corp., (NASDAQ:GNBT) on the must watch list.

New Hot Stock, Generex Biotechnology Corp. shows great capabilities

Hot Stock Generex Biotechnology Corp. seems to be an undervalued company of the early 2010 year. Wall Street Grand LLC, a leading investor newsletter is pleased to announce to the investment community and Wall Street Grand members market moving news regarding Generex Biotechnology Corp. Generex Technology Corp. trades on the “Nasdaq” under the symbol GNBT. To learn more about GNBT, make sure to visit our exclusive website http://www.wallstreetgrand.com/.

 

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Generex Biotechnology Corporation (NASDAQ:GNBT) is currently being introduced as one of the most undervalued companies of the 2010 year. Before the end of the work week, the company should be releasing a handful of key updates, which could potentially increase the stock’s prices even higher. Currently the stock has reached a strong support level at the $0.60 price per share level,

 

About Generex Biotechnology Corp:

 

Generex is engaged in the research, development, and commercialization of drug delivery systems and technologies. Generex has developed a proprietary platform technology for the delivery of drugs into the human body through the oral cavity (with no deposit in the lungs).  The company’s liquid formulations allow drugs typically administered by injection to be absorbed into the body by the lining of the inner mouth using our proprietary RapidMist™ device.

 

The Company's flagship product, oral insulin (Generex Oral-lyn™), which is available for sale in Ecuador for the treatment of patients with Type-1 and Type-2 diabetes and which was approved for sale in India in October 2007, is in various stages of clinical development around the world. The Company announced that the global Phase III clinical trial of Generex Oral-lyn™ has commenced in the USA, Canada, Russia, The Ukraine, Romania, Bulgaria and Poland.

 

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This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets.

 

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