Yes you are right it said all right here:
Health Discovery Corporation (OTCBB: HDVY - News) (HDC) and Smart Personalized Medicine, LLC (SPM) announced today that they have entered into development and related licensing agreements with Quest Diagnostics Incorporated (NYSE: DGX - News), the world’s leading provider of diagnostic testing, information and services. Under the agreements, Quest Diagnostics will develop new laboratory tests for aiding in the selection of breast cancer therapies.
Under the terms of the agreements, HDC and SPM will receive upfront licensing payments, development fees and royalties on a per test basis from Quest Diagnostics.
In February 2009, Health Discovery Corporation announced that it had licensed rights to develop a new urine-based test for clinically significant prostate cancer to Quest Diagnostics.
As for the stock the spread or bid and ask is tight and looking at a 10 chart this it going back up. Only two MMS are on the .16 ask sell with low volume then the rest on the .20s. So all it needs is some volume and were back up on a uptrend.
You see this stock has been in a downtrend ever since and now were in a uptrend caused by this capitulation formed yesterday. I can tell on a 10 day chart also that were headed for uptrend. I expect a press release soon on the payments HDC has got from each test they have done so far it will be great.
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