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Microcap & Penny Stocks : CELSION CORP. (CLN was CELN) UP $.33 TO $.59 ON HUGE NEWS

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To: Dave Gore who wrote (251)1/31/1999 5:51:00 PM
From: Tech Master   of 518
 
1) Look here for CELN's capital structure and profile:

biz.yahoo.com

2) Insider buying recently:

biz.yahoo.com

Recent sellers were outsiders (October) the rest are management and directors buying.

3) Recent financing was all Rule 144 common stock under a 506 filing. There are no floorless convertible deals or any of that garbage... Volk is way too smart for that kind of nonsense.

Other director info from CELN web site:

We have appointed Dr. Max Link former Chairman of (1) Sandoz Pharma AG, (from 1991 to 1993) and (2) Corange Ltd., (1993-1994) as a new director. Corange was recently purchased by Hoffman-LaRoche for $11.5 billion. At present, Dr. Link serves on the Boards of Human Genome Sciences, Alexion Pharmaceuticals, Cell Therapeutics, Access Pharmaceuticals, Protein Design Laboratories and Osiris Therapeutics. His world-wide breadth of experience in bio-technology will be invaluable as we expand into targeted drug delivery and gene therapy.

We have also appointed Walter Herbst, Chairman and principal of Herbst LaZar Bell, a designing and engineering company in Chicago, as a new director of the company.

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