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Biotech / Medical : Forbes-Meditech, FMI,V -- Ignore unavailable to you. Want to Upgrade?


To: SG who wrote (409)10/26/2007 5:38:12 PM
From: Tadsamillionaire  Read Replies (1) | Respond to of 430
 
There phase 2 trials for FM-VP4 did not achieve the Company's established goal of a 15% back in December 06.
The PPS dropped by half.

I have been watching the stock for some time, and when they came out with the new boost in revenue, I figured it was beat up enough for a turn around. But I buy specific situations where i believe the company is a turn around, or has contacts and is connected. Some I take as tax losses some like FRPT, ABRX CYBR, I make some money on

Since then they have announced
Forbes Medi-Tech Inc.: Reducol'TM' Press Conference Held in France Supporting Reducol'TM' Product Launch with World's Second Largest Food Distributor, Carrefour Group
Wednesday December 13, 2006 8:00 am ET

Carrefour Group

The second-largest retailer in the world and the European leader, the Carrefour Group has worked for more than forty years to establish its position as the daily partner of millions of customers in Europe, Asia and Latin America.
biz.yahoo.com

and

Forbes Medi-Tech Expands Reducol'TM' Sales in Portugal With the Addition of Modelo Continente to Customer List
Thursday January 18, 2007 8:00 am ET

Reducol'TM' Based Products Sold Through Country's Leading Retailers

biz.yahoo.com

Forbes Medi-Tech Announces Next Steps in Pharmaceutical Development and Corporate Restructuring
Monday February 12, 2007 8:00 am ET

Company Eliminates Non-Core R&D Expenses and Extends Working Capital to Mid 2008

biz.yahoo.com
and

Forbes Medi-Tech Inc.: Reducol(TM) Product Range Expanded With Cholesterol-Lowering Rye Bread
Wednesday May 23, 8:00 am ET

Kesko Launch Creates New Opportunities in European Functional Food Market

biz.yahoo.com
and
Forbes Medi-Tech Inc.: Taiwan's Largest Drink Producer Launches Reducol(TM)-Based Milk Drink
Tuesday August 7, 8:00 am ET

biz.yahoo.com



To: SG who wrote (409)11/5/2007 10:47:39 AM
From: Tadsamillionaire  Read Replies (1) | Respond to of 430
 
New home page link below. Looks like good volume and they are headed up on the recent news.
The Reducol product appears to be pretty big in Europe.
Did some research over the week end and found that they are going to concentrate on sales in the U.S. milk industry.
Pretty large market. That alone should move the pps on the volume of milk products sold.

An ice cream that Lowers your cholestrol!...
I am all for that.