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FDA FILING NEWS IS OUT!
http://finance.yahoo.com/news/Lifeline-Biotechnologies-bw-721936416.html?x=0&.v=1
Lifeline Biotechnologies Files First Warning System With the FDA
* Press Release
* Source: Lifeline Biotechnologies, Inc.
* On Monday August 3, 2009, 8:30 am EDT
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RENO, Nev.--(BUSINESS WIRE)--Lifeline Biotechnologies, Inc. (Pink Sheets:LLBO - News) today announced that it has made its initial filing of its First Warning System™ with the Food and Drug Administration.
Jim Holmes, Lifeline’s CEO said that “through its consulting firm, Lifeline has submitted the First Warning System™ process and technology to the FDA. The purpose of this filing is to obtain the FDA’s opinion requesting a classification of this device. The opinion as to the classification is expected to determine the subsequent filing and registration required to clear the First Warning System™ for marketing in the United States. The FDA’s response is expected to take several months.”
Holmes went on to say, “This is a very exciting time for us and those that are interested in this innovative, leading edge, and disruptive technology. The First Warning System is a device and process which assists in the early detection of breast cancer, designed, developed and tested with approximately 700 women. This process has the potential of changing the way breast cancer is identified. After many years and many resources applied, we’ve moved to the important point of entering the process of clearance of this device with the FDA. The next step is expected to be obtaining clearance for market entry.”
Lifeline Biotechnologies previously received two patents on its First Warning System™ hardware and has in the past year filed for a patent on the technological advancements of the First Warning System ™ software. The software has achieved the robust capability of identifying and classifying tissue abnormalities of the breast with sensitivities (ability to identify) of 95% to 100% and specificities (verify) of 87% to 90%. Currently, it is widely recognized that mammograms miss an estimated 20 to 30% of the breast cancers.
Lifeline competes in the money markets for funds to continue the development of its products as well as supporting operating and administrative expenses. The cost of funds, for companies such as Lifeline is expensive and the terms have been, and may continue to be dilutive.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing, successful development of the Company’s product and regulatory and shareholder approval for anticipated actions.
Contact:
Lifeline Biotechnologies
Jim Holmes, 775-324-1933
Jholmes777@aol.com
www.lbti.com
Great Close of 0.0184!!
Monday Should be interesting!!
BiomedReports anyone subscribed to this?
I heard LLBO is mentioned in here.
I searched Google and it looks lke it is, anyone subcribed would like to see the article.
http://www.google.com/search?q=BioMedReports+llbo&sourceid=ie7&rls=com.microsoft:en-us:IE-SearchBox&ie=&oe=&rlz=1I7ADRA_en
http://www.todaysfinancialnews.com/us-stocks-and-markets/interesting-volume-spikes-precede-rise-in-lifeline-biotechs-llbo-9613.html
Interesting volume spikes precede rise in Lifeline Biotechs (LLBO)
Today's Financial News - Posted July 23, 2009
Who’s been trading Lifeline Biotechs Inc. (LLBO)?
by J. Christoph Amberger
Baltimore, MD — TFN: Far more interesting than todays 88% gain in Lifeline Biotechs Inc. (PINK:LLBO) are the unexplained volume spikes that preceded it in the days and weeks before.
As early as July 16, Transworldnews.com had picked up on these movements:
“Lifeline Biotechs Inc (PINK:LLBO) advanced 25.00% to $0.0010 on no news. Lifeline Biotechs Inc is a medical technology company developing products focused on prevention, early diagnosis of cancer using innovative technological applications for oncology.”
The key phrase here is “on no news”.
In fact, the last bit of news about this penny stock dates back to May, when the company announced it was “preparing for a filing with the FDA for the Company’s First Warning System, a capable process designed to assist in the early detection of breast cancer.”
Preparing isn’t filing, and filing is a long shot from trials, and trials are a long shot from approval.
Insider transactions are currently hard to track. But over the years, there’s never been a better indicator for insider activity than volume spikes on no news, initially with no measurable effect on the share price.
Sure, this is a penny stock with a miniscule float, subject to wild fluctuations on volume that wouldn’t make a better capitalized stock twitch.
Still, I have a hunch that there’s going to be news out on this stock soon. It’s either an actual filing… or maybe even a corporate take-over. Or it’s a pump-and-dump… although at this point I see no tell-tale signs of active promotion.
Speculative investors should keep an eye out for the next volume spike. It looks like the next move will be either a steep ascent… or a crashing descent.
Official Pr That Came Out.
Las Vegas Sands Chmn Buys 7.84M Shares >LVSLast update: 3/31/2009 7:08:08 PMDOW JONES NEWSWIRES Las Vegas Sands Corp. (LVS) Chairman and Chief Executive Sheldon G. Adelson recently bought about 7.84 million shares of the casino company, according to a regulatory filing. Adelson, through an affiliate, bought the shares Friday and Monday at an average price of $2.95 each, for a total purchase price of $23.2 million. Shares of Las Vegas Sands closed Tuesday at $3.01 each. -Yogita Patel, Dow Jones Newswires; 202-862-1343; yogita.patel@dowjones.com (END) Dow Jones NewswiresMarch 31, 2009 19:08 ET (23:08 GMT)
Alot of Funds are buying in recently, including yesterday!!!
Going to Pop Soon!
http://www.mffais.com/lvs.html
Shorts trying to hold this down but not working, too much BIG block buys to offset, they will start covering soon, then this will spike nicely.. I was day trading this but now im in for the BIG run on margin dumped 12K into this at 2.90.. Going to buy more anything under 3.10 ..
Got in today at 2.90 4k Shares going to let it ride , just a matter of time before this rises gradually. Talk about recession ending mid summer. Six months looking for $6..
.44 CLOSE, Great Day on BIG Volume!!
Looks like friday conference will be held for a new docket.
03/07/2008 02:00 HRS LAW DAY DOCKET STATUS CONFERENCE
When it was at .35, about 100 shares went through to bring it down to .32..
Pretty funny a $5 trade brings it back down to .32..
Payday coming soon!!
I'm using this link
https://e-docs.hcdistrictclerk.com/eDocs.Web/default.aspx
Then I Login and click on that docket#
If you click on this docket #docket #36064824, and go to page 19, you will see the summary.
Its on the last page of docket #36064824
there wlll be a new docket number and they wil be allowed 6 months for further discovery.
GREAT NEWS!!
It says the courts opinion that all motions by the plaintiffs are of meritoris and should be granted in all respects. And the motions for summary judgements set by the defendants will not be set for submission
THIS IS GREAT NEWS!!
I have 32000..
Mine is showing nothing also
WOW PXD DOWN $2.78 Already!! $37.60
Is this correct??
Last Day for .30'!!
Looking for a strong close!! No One wants to be left out for Tuesday
I bought most of my shares at .18, some at .215, and some at .46
I'm holding 37,500 right now.
Good luck getting shares on tuesday when trustee is appointed.. It will be over .50 and moving very qyuickly.
Im holding long!!
3x .32 1x each .33. .34 .37 .38.
Thats around $2,240,000, alot of money being drawn out of PXD..
Yeah This thing should easily go into the upeer .40's without a problem. The majority of the big holders are not giving up their shares.
What does have to do with??
Wow PXd down 1.00, Under $41. They are getting slammed..
PXd now down .70 cents, Mosh turning back up now.
Yeah Really, LOL, wish it was in nY then I could have gone..
I have enough added more shares at .46 the other day. Now have 37K units... I think everyone is waiting on some news to come out.
I guess we will know when they are let out, or some news comes out. It should get very hectic. LOL
Yeah I Agree
LOl went down .2 cents on a 200 shares LOL..Not selling one of my shares, LONG AND STRONG!!
PXD down 1.08 in premarket 42.92.. The pounding continues today!!
PXd is getting crushed.. almost down $3 now
Looking for a Big day here today. Things are really starting to heat up now..
400M sounds good to me, can't be too greedy.. HEHE
This is Huge! Tommorrow will be a wild day!!
I added 14500 at .46.. Looking for the after lunch rush..Now holding my 38K shares for the long haul..