Whose on crack now? Ocean Bio-Chem Comments on Recent Trading Activity
Monday January 10, 6:29 pm ET
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Jan. 10, 2005--Ocean Bio-Chem, Inc. (Nasdaq:OBCI - News) today could not offer any explanation in response to inquires regarding why the Common Stock traded an excess of 1.3 million shares with a final trade of $1.70, up 57% from Friday's close. The Company trades under the Stock Ticker Symbol: OBCI on the NASDAQ SmallCap.
Ocean Bio-Chem CEO Peter Dornau stated, "The Company does not participate in the various Internet message boards nor does it release information other than through press releases and/or filings with the U.S. Securities and Exchange Commission. No one should rely on information obtained other than from the official disclosures made by Company