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American Penny Stocks in Play:
HST Global, Inc.: announced that it has entered into a Letter of Intent to acquire the assets of a Central American Immunotherapy Company. The acquisition will include a family of immunotherapy products that have been approved for the treatment of patients as an alternative to or as an adjunct therapy before, during and after traditional cancer treatments. HST anticipates completing the pending acquisition of the company at the conclusion of the due diligence period.
HST Global, Inc. (OTCBB: HSTC | Quote | Chart | News | PowerRating) closed up $0.10 at $1.25 or 9% on the acquisition announcement.
XenaCare Holdings Inc.: announced that it has received the exclusive U.S. license to market and distribute an FDA approved homeopathic treatment for chronic pain. Chronic pain currently affects more than 50 million people throughout the United States. Each year, more than 25 million additional people in the U.S. experience acute pain as a result of injury or surgery. In 2005, U.S. sales of pain management products, including prescription and non-prescription pain drugs, totaled approximately $20.4 billion.
XenaCare Holdings Inc. (OTCBB: XCHO) closed up $0.05 at $0.30 or 20% on the FDA license news.
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