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Marc Pharmaceuticals (fka MPMA) RSS Feed

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MPMA .016 x .019 Next GLIF runner? Here's a post from September from I-HUB...bounced off first part of private placement: http://www.investorshub.com/boards/read_msg.asp?message_id=7861054&txt2find=mpma+ Why the fall? A 2.75M share private placement in which a portion still needed to be completed(from the 10Q report): In April 2005, the Company commenced a private placement of 2,750,000 shares of unregistered common stock at a purchase price of $0.10 per share. As of August 17, 2005, an aggregate of 1,600,000 shares had been sold to twenty- five (25) accredited investors for aggregate net proceeds to the Company of $160,000. In addition, as of August 22, 2005, the Company obtained short-term working capital financing aggregating $55,000. Comment: A private placement temporarily dilutes a stock to raise money for a particular cause...similar to an S-8, SB-2, S-1, preferred converting to common, etc. Most penny stocks raise money this way. Fortune 500 companies do private placements at times, too. What the company is currently doing(from the 10Q): Pursuant to two Sponsored Research Agreements between the Company and Weill Medical College of Cornell University ("WMC") and a License Agreement, as amended, with Cornell Research Foundation, Inc., a subsidiary of Cornell University ("Cornell"), the Company has been granted the exclusive license to develop and market a medical compound which has certain derivatives that are directed towards (i) the treatment of cancer as a highly water-soluble agent having low toxicity towards non-cancerous cells, (ii) potentially, the treatment of cancer as a site directed chemotherapeutic agent that selectively attacks only cancer cells through a specific delivery device depending on the site- directing agent, and (iii) the treatment of HIV/AIDS as an anti-HIV activity which could be used either systemically as an AIDS therapy or locally as a bopcidal compounds for the inhibition of the sexual acquisition of HIV. Recent P.R.'s: Marc Pharmaceuticals Betulinol Drug Candidate Slows Prostate Tumor Growth in Laboratory Mice Friday September 23, 10:00 am ET STAMFORD, Conn.--(BUSINESS WIRE)--Sept. 23, 2005--University scientists working under a research program sponsored by Marc Pharmaceuticals, Inc. (OTC:MPMA - News; OTC:MPMAW - News; OTC:MPMAZ - News), recently completed a 17-day study on laboratory animals. The study results showed that one of Marc's water soluble drug candidates (a Betulinol derivative) slowed prostate tumor growth in mice. Betulinol is a naturally occurring compound that is isolated from the outer layer of the bark of the white birch tree. Betulinol derivatives are formed by replacing a specific atom or group of atoms within a betulinol molecule. Link to rest of the P.R.: http://biz.yahoo.com/bw/050923/235161.html?.v=1 Marc Pharmaceuticals Announces Positive Pre-Clinical HIV Results Thursday August 4, 11:00 am ET Will Begin Early Stage Studies of Betulinol Derivatives on Drug Resistant HIV STAMFORD, Conn.--(BUSINESS WIRE)--Aug. 4, 2005--Preliminary experimental data from cellular tests conducted by university scientists working under a research grant sponsored by Marc Pharmaceuticals, Inc. (OTC:MPMA - News; OTC:MPMAW - News; OTC:MPMAZ - News) has demonstrated that a betulinol derivative inhibits HIV-1 replication by more than 90 percent with no evidence of detrimental changes to cell viability. These encouraging early stage results pave the way for further pre-clinical studies in drug resistant strains of HIV. Link to rest of the P.R.: http://biz.yahoo.com/bw/050804/45231.html?.v=1 Website: http://www.marcpharmaceuticals.com/ Volume: Volume has been particulary high the last few trading days which means they sold the remaining shares at the lowest point they could which gives the company cheaper financing(FANC, the MM, dumped 1M shares on two different lots on Friday). That contributed to a 1/3 of Friday's volume. Most traders don't know the scoop here...they haven't done the due diligence. This just started to get recognized late Friday. Chart: A bottombuster similar to GLIF when it hit bottom. DD both charts(GLIF's and MPMA's) O/S: State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: As of August 22, 2005, the issuer had outstanding (i) 288,160,000 shares of Common Stock, par value $. 0001 per share. Final comment: Bottombuster material: 3-5 bagger potential or more. GLIF's Chart after an S-8: Highlights: Michael A. Burns & Associates Contact: Virginia Stuart, Vice President 214-521-8596 vstuart@mbapr.com April 21, 2005 - Marc Pharmaceuticals Appoints Michael Palfreyman Chief Scientific and Development Advisor. April 27, 2005 - Marc Pharmaceuticals Early Findings to be Presented International Conference held at United Nations. May 19, 2005 - Marc Pharmaceuticals Announces U.S. Patent for Betulinol Derivatives Under Development for Cancer Treatment. July 11, 2005 - MARC PHARMACEUTICALS ANNOUNCES POSITIVE SCIENTIFIC DEVELOPMENT August 04, 2005 - MARC PHARMACEUTICALS ANNOUNCES POSITIVE PRE-CLINICAL HIV RESULTS August 15, 2005 - MARC PHARMACEUTICALS COMMENTS ON RECENT TRADING ACTIVITY. Semptember 23, 2005 - MARC PHARMACEUTICALS BETULINOL DRUG CANDIDATE SLOWS PROSTATE TUMOR GROWTH IN LABORATORY MICE.
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