Positron Corporation (OTCBB:POSC) reached up 44% in morning trading to $.018 with 9M shares traded. Positron Corporation is a leading molecular imaging company providing innovative nuclear medicine technologies and services that are reshaping the field of nuclear cardiology. Through proprietary PET imaging systems and radiopharmaceutical solutions, Positron enables healthcare providers to more accurately diagnose disease and improve patient outcomes while practicing cost effective medicine. Positron has gained significant traction in a diverse industry and continues their strong commitment to excellence and advancing cardiac imaging solutions. Positron Corporation (OTCBB:POSC.OB - News) announce today that on Friday November 11, 2011, Positron and Manhattan Isotope Technology LLC. (MIT LLC) entered into a binding Letter of Intent to acquire MIT LLC. The transaction will close January 2, 2012 upon execution of final transaction documents.
China Kangtai Cactus Biotech Inc. (OTCBB: CKGT) reached up 9.38% in morning trading to $.35 with 200K shares traded. China Kangtai Cactus Biotech, Inc. is a leading grower, developer, producer, and marketer of cactus-derived products, including nutraceuticals, wine and juice, extracts and powders, cactus cigarette and animal feed. China Kangtai controls over 387 acres of plants and maintains an active R&D group that holds 18 product patents and is seeking another 12. China Kangtai's high-quality “green” products are sold throughout China via a distribution network that covers 12 of China's 23 provinces and two of China's four municipalities. China Kangtai Cactus Biotech Inc. (OTCBB: CKGT.OB - News) announced today that revenue for the third quarter of 2011 increased 39% to $13.3 million, compared to $9.5 million in the same period of 2010. Income from operations rose 72% to $5.4 million, compared to $3.1 million in the same period of 2010. Net income for the third quarter of 2011 increased 42% to $3.99 million or $0.18 per diluted share compared to $2.8 million for the same period of 2010, or $0.13 per diluted share.
UFood Restaurant Group, Inc. (OTCBB: UFFC) reached up 20% in morning trading to $.12 with 220K shares traded. UFood Restaurant Group, Inc. is a franchisor and operator of fast-casual food service restaurants. UFood Grill offers a healthy lifestyle alternative to consumers in the fast-casual restaurant space and is positioned to become a leading player in the "better-for-you" quick-serve restaurant category. The Company is led by franchise innovator George Naddaff, who founded Boston Market and led the franchising of several companies including Sylvan Learning Center and VR Business Brokers. Mr. Naddaff has assembled a veteran management team with a successful record in the franchise market. UFood is currently launching a growth plan to franchise nationwide. UFood Restaurant Group, Inc. (OTC.BB: UFFC.OB - News) announced that the company is testing a line of four new Naan Flatbread Sandwich menu items. UFood is simultaneously conducting customer surveys to gauge satisfaction with taste, value and quality.
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