Allied Energy Corp. (OTCMKTS: AGYP) filed its new Annie Gilmer site supplemental disclosure with the OTC specifying 190,500 barrels of oil proved and 80,400 probable and 135,500 possible. Value of the oil and gas findings are: $6,704,900 proven at present worth and $1,902,200 probable and $3,587,700 possible. Computations are at $46.26 per barrel of oil, well below current oil pricing in the $70’s. Extraction costs are also already computed into…
Vaxart Inc (NASDAQ:VXRT) Stock Moves Toward $8 After The News: How Far Can it Go?
Clinical-stage biotechnology company developing a range of oral recombinant vaccines based on its proprietary delivery platform, Vaxart (NASDAQ:VXRT) saw its shares surge by almost 10% after it announced FDA clearing investigational new Drug application for an S-only oral tablet SARS-CoV-2 vaccine candidate. Andrei Floroiu, Vaxart’s CEO, said that along with S-only and S+N constructs comprise of its COVID-19 vaccine candidate portfolio. The clinical trial will enable the firm to compare…
Net Savings Link (OTCMKTS:NSAV) Stock Hits Another High On Crypto Optimism
Cryptocurrencies may be down now but that it is not likely to have any impact on how companies and investors perceive its future. Commodification of blockchain and crypto products is leading to a ramp up and the stock market is looking to accommodate new stocks dealing in crypto. Net Savings Link (OTCMKTS:NSAV) is in process to be second publicly traded crypto exchange in the U.S. NSAV stock is already surging…
Will Allied Healthcare (NASDAQ:AHPI) Stock Continue to Move Higher This Week?
A hedge fund manager, Will Meade believes that the stocks of Allied Healthcare (NASDAQ:AHPI) are set to increase and reach the $10 mark. Consequently, the stock has seen an impressive rise in its’ gains on Friday. The company- Allied Healthcare- is in the business of manufacturing oxygen cylinders and respiratory products. Thanks to the Covid-19 pandemic, the company is at a prime spot for growth. Further, the stock has attracted…
CytoDyn (OTCMKTS:CYDY) Stock Sees High Volatility: What’s The Buzz?
Late-stage biotechnology company developing innovative treatments for multiple therapeutic indications, CytoDyn (OTCMKTS:CYDY), on August 2, 2021 announced that director nominations done by activist group led by Bruce Patterson and Paul Rosenbaum were invalid. The Rosenbaum/Patterson Group made efforts for nominating five director candidates for taking control of the firm’s Board of Directors. The company’s bylaws include standard “advance notice bylaw” for shareholder protection, requiring some disclosures by nominating shareholders for…
Bitfarms (NASDAQ:BITF) Stock Regains Momentum After The Recent Consolidation
Publicly traded Bitcoin mining company, Bitfarms (CVE:BITF) (NASDAQ:BITF) accounting for 1.5% of the total Bitcoin network with more than 99% green hydroelectricity, announced bitcoin production update. The firm confirmed mining 1,357 Bitcoin in first six months of 2021, largest mined in North America. It also received and installed 1,500 Bitcoin miners from MicroBT in Bitfarms’ Magog data center. Bitcoin had some issues in July due to macro developments in China,…
Xenetic Biosciences (NASDAQ:XBIO) Stock Sees High Volatility: How to Trade Now?
Biopharmaceutical company, Xenetic Biosciences (NASDAQ:XBIO), on July 31, 2021 closure of previously announced private placement. This would be with single healthcare-focused institutional investor for 4,629,630 shares of the common stock. Xenetic focuses on a personalized CAR T platform technology for targeting patient and tumor specific neoantigens. The proceeds will be about $12.5 million before deducting placement agent fees and other offering expenses.The company issued to investor warrants for buying 4,629,630…
Axcella Health Inc (NASDAQ:AXLA) Stock Continues to Trend Lower: What’s The Buzz?
Clinical stage biotech firm Axcella Health Inc (NASDAQ:AXLA) saw its stock decline by 5.50% this past Friday and in light of the decline, it might be the right time for investors to perhaps figure out if it might be an opportunity to get into it at this point or not. The company, which is looking to go for new methods in order to treat complex conditions, announced its financial results…
Is OPKO Health Inc (NASDAQ:OPK) ready To Recover After The Recent Fall?
The previous week ended on a weak note for OPKO Health Inc (NASDAQ:OPK) as the stock slid by as much as 9% and today the company’s shareholders would be hoping for a quick recovery. Last week the company announced its financial results for the quarter that ended on June 30, 2021 and that might have been one of the reasons behind the decline. In the second quarter, the company managed…
Enzolytics Inc (ENZC) Stock Falls From The Recent Peak: Time to Buy?
Drug development firm committed on commercialising number of proprietary therapeutics for treating debilitating infectious diseases, Enzolytics Inc (OTCMKTS:ENZC) on July 26, 2021 announced signing of a Letter of Intent with Creative Biolabs for finishing joint production as well as commercialisation of HTLV-1 monoclonal antibodies through combination of the technologies. Currently, no effective vaccines exist against HTLV-1 or even antiviral drugs for treating infections caused by virus. Using AI methodology, the…