We are just waiting on updates from the company. It may be a month it may be 6 months. The company may not put out any updates until the share buyback is complete. The company will put out news/updates when ready and the stock will go up - the big question is when. Insiders have been buying a ton of stock and IMO because of this and the share buyback, they have been quiet. They know how undervalued it is, and it is in there interests now to get the share price up. I will be holding my shares for as long as that takes. Hope that helps.

I found this...


News & Events
Althea Technologies Acquires Altus Pharmaceuticals’® Assets and IP Portfolio

5.2.2010 - Althea Technologies Acquires Altus Pharmaceuticals’® Assets and IP Portfolio, Establishing Technology Platform for Protein Formulations.

SAN DIEGO – May 2, 2010 -- Althea Technologies, Inc., a leading provider of services for biopharmaceutical development and manufacturing announced today that it has acquired the assets and IP portfolio of Altus Pharmaceuticals. The IP portfolio includes, among other things, Altus’ Cross Linked Enzyme Crystal (CLEC®) and controlled release injectable technologies. Applications of this protein crystal technology range from therapeutics to protein purification and catalysis. The controlled release injectable technology involves protein crystallization and complexation using customized manufacturing equipment installed at Althea.

Additionally, the assets encompass a portfolio of product candidates based on these technologies which includes a seven day controlled release growth hormone injectable which has completed a phase 2 clinical trial. Althea was the manufacturer of the clinical supplies for this product candidate. Althea plans to enter into licensing discussions for these product candidates.

“We are delighted to acquire this portfolio of technologies which complements our core expertise in protein formulation and will bring added value to our customers’ projects,” commented Dr. Shabbir Anik, CEO of Althea Technologies. “We expect multiple applications for a broad range of proteins, peptides and vaccines addressing the need for controlled release, high concentration formulations, and stability,” he added.

Althea will be exhibiting at the BIO International Convention: Booth #5940.

About Althea Technologies, Inc.

Althea Technologies is a fully integrated, contract development and manufacturing organization that provides services for plasmids, protein biologics and sterile products. Located in San Diego, CA, Althea offers cell banking, process development, cGMP protein & plasmid production, analytical development, formulation development, aseptic filling in vials & prefilled syringes, and lyophilization services for clinical development and commercialization. For more information, visit www.altheatech.com.

If you look back the last six months this is a pretty normal part of KATX trading pattern. It posts huge gains and then settles down higher than before the run and consolidates. We are just going into our next consolidation phase. We went from .02 to .10 then settled around .05. We went from .05 to .09 then settled at .06-.07. We then hit .25 and hopefully will be settling between .12-.15 before the next run up. We lost almost 50% after each run. I am sure people were flipping out back then too, but it still ran again. Just trust in the company and DD. It is part of the growth process - we aren't going to jump to $1 overnight...

SDVI Huge day- Picked up by Walmart!

This stock has a ton of buying pressure below .18 - I can't imagine it ever staying below that for very long.

I agree 100% - I have no idea where the pps will be, but I want to see how handcamp, lucky, and rusty play out at a minimum before I think about selling.

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The A/S increase is neccessary for the Reverse merger...but they will be restricted, so the low float will remain in tact for atleast a year - so once the ball on the merger gets rolling this thing will go back up quickly - the float won't change!

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This is the next Minimar Merger candidate - looking for reverse merger w/ 2-10$ mil revenue company. See penny stock guru's blog about minimar and this company is in there as a new minimar client. Explains the action today.