MIT Holding Inc. (OTCBB:MITD) reached up 66.67% in morning trading to $.055 with 550K shares traded. MIT Holding, Inc. (MIT) is a holding company. The Company, through its four wholly owned subsidiaries, distributes wholesale pharmaceuticals, administers intravenous infusions, operates an ambulatory center where therapies are administered, sells and rents home medical equipment and owns and operates retail/mail order pharmacy under state contracts and private assisted living home contracts. The Company's subsidiaries include MIT International Distribution, Inc. (MIT International), Medical Infusion Technologies, Inc. (Infusion), and MIT Ambulatory Care Center, Inc. (Ambulatory). The Company has five principal operating segments: Medical Infusion Technologies (MIT), MIT Wholesale (Wholesale), Durable Medical Equipment (DME), MIT Ambulatory Care Center (Ambulatory Care) and MITRX (Retail Pharmacies). MIT Holding Inc. (OTCBB:MITD - News) announced yesterday evening that on May 11, 2011 it has executed a five year distribution agreement with Global Reach International Inc. Global Reach International will, over a period of five years, distribute 7.2 Million units of the ProvectorTM, MIT's technology that fights against mosquitoes, malaria and other mosquito-borne diseases such as Dengue Fever. This agreement will provide MIT with aggregate sales of $86.5 Million, resulting in a projected profit of $36 Million over the five year period. The contract is subject to the Nigerian government's approval which is in process.
National Health Partners, Inc. (OTCBB: NHPR) reached up 36.84% in morning trading to $.026 with 1M shares traded. National Health Partners, Inc. is a leading national healthcare savings organization that provides unique discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpress." National Health Partners, Inc. (National Health) (OTCBB: NHPR) announced the successful launch of a new, major marketing campaign that has caused the number of the company's new member enrollments in May to increase sharply.
ValCom, Inc. (PINK:VLCO) reached up 12.62% in morning trading to $.0455 with 30M shares traded. ValCom, Inc. operates as a diversified entertainment company in the United States. Through its operating divisions and subsidiaries, the company creates and operates full service facilities that accommodate film, television and commercial productions with its four divisions comprised of Studio and Rental, Television and Film, Broadcasting, and Live Theater. It is involved in the rental of studios for television production networks and syndication programming and motion pictures. In addition, it supplies and rents cameras, personnel and production equipment to various production companies. The company also leases sound stages, as well as owns a library of television content. ValCom, Inc. (Pinksheets:VLCO - News) yesterday afternoon reported a big gain in quarterly earnings when the media and entertainment company disclosed the financial results for the 2nd quarter of its financial year.
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