Manhattan Scientifics Inc (MHTX)

[ssc]

Sorry I mistook what you posted as being from a much earlier news release, but the statements below were made in 2009 and propelled the stock price to 18 cents. 5 years later and the more recent news of a much improved device results in a 12 cent stock value. How would that be rationalized? Certainly can't blame the market environment.

“It is not merely our goal, but our obligation to bring Dr. Flynn’s extraordinary work in the field of early cancer detection and potential treatment to the world medical community. Just as we have demonstrated in the past, we intend to identify one or more appropriate Fortune 500 industrial partners in the pharmaceutical and medical device industries to bring product to the market.”

"The SQUID sensor has the ability to detect the small magnetic fields from nanoparticles that have attached to the cancer cells. With this biomagnetic imaging technique, it is possible to identify and image small clusters of cancer cells in a rather novel method, substantially increasing the sensitivity for finding cancer at an earlier stage than is currently available, and without the use of ionizing radiation or large magnetic fields. This biomagnetic sensor method is applicable to breast, ovarian, leukemia, prostate, skin melanoma, and other cancers.”