Pressure Biosciences Inc (PBIO)

[ProfitScout]

Today's news from PBIO is especially encouraging. Significant financing like this will let the company move forward with more aggressive marketing plans to grow their product awareness and sales at a quicker and more effective pace. That's exactly what investors want to see. I am very impressed with all that this company is pulling together now.

From today's PR:
Mr. Richard T. Schumacher, President and CEO of PBI, commented: "We are pleased that a long-term, accredited investor of the Company has offered us the ability to borrow up to $2 million under very favorable terms, including warrants priced significantly above today's market. We believe access to this capital will allow us to increase our focus on the continued expansion of our sales and marketing capabilities, enhancements in infrastructure, improvements in efficiency, and other measures that will help to increase revenue while decreasing costs as we march towards our goal of profitability."