MultiCell Technologies, Inc. (OTCBB:MCET) reached up 141.30% in morning trading to $.0111 with 41M shares traded. MultiCell Technologies, Inc. is a clinical-stage biopharmaceutical company developing novel therapeutics and discovery tools that address unmet medical needs for the treatment of neurological disorders, hepatic disease and cancer. MultiCell Technologies, Inc. (OTC Bulletin Board:MCET.ob - News) announced the issuance of U.S. patent 7,935,528 by the United States Patent and Trademark Office (USPTO) relating to the isolation and use of human liver stem cells to treat liver disease. Under the terms of its license agreement with Rhode Island Hospital, MultiCell Technologies is the worldwide exclusive licensee of U.S. patent 7,935,528.
Eltek Ltd. (NASDAQ:ELTK) reached up 35.05% in morning trading to $1.58 with 800K shares traded. Eltek is Israel's leading manufacturer of printed circuit boards, the core circuitry of most electronic devices. It specializes in the complex high-end of PCB manufacturing, i.e., HDI, multilayered and flex-rigid boards. Eltek's technologically advanced circuitry solutions are used in today's increasingly sophisticated and compact electronic products. Eltek Ltd. (NASDAQ:ELTK) announced today its financial results for the first quarter of 2011. Revenues for the first quarter of 2011 were $11.8 million, a 22.9% increase over revenues of $9.6 million recorded in the first quarter of 2010. Gross Profit for the first quarter of 2011 was $2.5 million (21% of revenues), an increase of 139% compared to the gross profit of $1.0 million (10.8% of revenues) in the first quarter of 2010. Operating Profit for the first quarter of 2011 was $877,000 compared with an operating loss of $559,000 in the first quarter of 2010. Net Profit for the first quarter of 2011 was $788,000, or $0.12 per fully diluted share, compared with a net loss of $682,000 or ($0.10) per fully diluted share in the first quarter of 2010.
HeadsUp Entertainment International Inc. (PINK:HDUP) reached up 34.85% in morning trading to $.089 with 2M shares traded. HeadsUp Entertainment International Inc. is a global media and entertainment company engaged in the creation of branded entertainment through the development, production and marketing of televised programming based on poker and other entertainment themes. To date, their operations have principally revolved around the creation of our Canadian Poker Tour brand through the production and licensing of a reality television series exhibited on Rogers Sportsnet and Score TV. HeadsUp Entertainment International Inc. (Pink Sheets:HDUP - News) today announced it has signed a marketing agreement with the all new Tropicana Las Vegas resort and casino. Under the terms of the agreement the hotel, which just completed a $180 million phase one, South Beach style renovation, will be the home of the CPT during the 2011 World Series of Poker.
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