Nephros Inc (NEPH)

[Chickadee]

Ok, EDAP just received their US FDA 510(k) approval TODAY, for their Sonolith i-Sys device - for lithotripsy which disintegrates urinary stones in conjuction with x-ray or ultrasound systems. Their PPS exploded over 250-300%, from $1.26 to $5.14... closed at $4.20 or $4.60 after hours. This is just for one device.

NEPH will likely receive BOTH or (2) 510k approvals at the same time. We closed over $2.50 today and will continue to climb, as the days draw near. I believe we can easily EXCEED $5.00 PPS, after FDA approvals.