BioElectronics Corp. (OTCQB: BIEL) (PINK:BIEL) reached 53.70% in morning trading to $.0083 with 22M shares traded. BioElectronics Corporation is an award winning medical device developer and manufacturer of advanced medical devices. Its products are ActiPatch® Therapy, for over-the-counter treatment of back pain and other musculoskeletal complaints, the Allay™ menstrual cycle pain therapy, and RecoveryRx™ for surgical procedures and wound care. The unique therapy delivery system, using patented technology, provides a cost-effective home care to reduce soft tissue pain and swelling. BioElectronics Corp. (OTCQB: BIEL.PK - News) (Pinksheets: BIEL.PK - News) announced it is currently awaiting a near term decision from the U.S. Food and Drug Administration relative to an additional indication of use for its RecoveryRx™ product.
China Nuvo Solar Energy, Inc. (OTCQB:CNUV) reached up 25% in morning trading to $.003 with 22M shares traded. China Nuvo Solar Energy, Inc. is a development stage company that owns unique patent pending solar and photovoltaic related technology. The Company is also seeking other business opportunities. China Nuvo Solar Energy, Inc. (OTCQB: CNUV) today announced that SurgLine, Inc. has reached an agreement with Gonneville, Inc. (Gonneville), whereby Gonneville will add the Company's medical and surgical product lines to their products for sale to the U.S. Department of Veterans Affairs ("VA").
Sarissa Resources, Inc. (PINK: SRSR) reached up 14.02% in morning trading to $.0683 with 1M shares traded. Sarissa Resources Inc. is a junior exploration company with interests in properties with base metal, precious metal, uranium, niobium and rare-earth prospects in Northern Ontario, Canada. The Company is specifically focused on the development of its Nemegosenda niobium project. Sarissa Resources, Inc. (Pinksheets: SRSR.PK - News) announced that it has entered into an option and financing agreement (the "Option") with a company based in Hong Kong (referred to as "HKHE"). Under the terms of the Option, when exercised, between CDN$5,500,000 and CDN$10,000,000 will have been raised by HKHE and Sarissa will transfer the ownership of its wholly-owned subsidiary, Nio-Star Corp., to HKHE in return for approximately 65% to 75% of the capital of HKHE, depending on the amounts raised. At that time Sarissa will have the right to appoint three directors to the board of HKHE, and the finance group will have the right to appoint two.
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