PositiveID Corp.'s Homeland Security Contract for Ebola-Testing Device Fuels 56% Rise
[ACCESSWIRE]
PositiveID Corp.'s (OTCQB: PSID) share volume continued to skyrocket Oct. 210, with 33.7 million shares changing hands, more than 12 times its 30-day average volume of 2.7 million shares.
Moreover, PSID's share price closed at 7 cents, up 3 cents, or 55.65%, from its closing price of 4 cents the previous day on news the Florida-based developer of biological detection devices had jointly won a contract from the U. S Department of Homeland Security to develop its Ebola detecting product called Firefly.
"With Firefly we hope to effectively stop the pandemic spread of diseases like Ebola," said PositiveID's President Lyle L. Probst.
