Monday's OTC Percentage Gainers: OTC: TLON, OTC: EXTO, OTC: PBSOQ, OTC: SOLU
Biopharmaceutical Company Talon Therapeutics Inc (OTC: TLON) Leads Gainers
Category: Investment, OTCBB
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POINT ROBERTS - August 30, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for Aug 29.
Talon Therapeutics Inc (OTC: TLON) shares jumped 0.210 (28.77%) to $0.94 with more than 250K shares traded hands after the company has reached agreement with the U. S. Food and Drug Administration (FDA) regarding a special protocol assessment (SPA) for its planned Phase 3 study of Marqibo(R) (vincristine sulfate liposomes injection) in adults with newly diagnosed Philadelphia chromosome negative (Ph-) acute lymphoblastic leukemia (ALL).
EXIT ONLY INC (OTC:EXTO) gained 0.0023 (28.75%) to $0.0103 on over 43.38 million shares traded hands after it announced that its recently acquired Bayport Corporation, at a directors' meeting on August 26, 2011, approved an amendment to its Articles of Incorporation reducing the number of Authorized Shares from 3,000,000,000 down to 850,000,000. This change is effective immediately and will be reflecting in the Nevada SOS database shortly.
Point Blank Solutions, Inc. (OTC: PBSOQ) added 0.230 (47.92%) to $0.710. Point Blank Solutions Inc announced that it has entered into a stalking horse Asset Purchase Agreement (APA) with an affiliate of The Gores Group, a well known and established private equity firm.
SOLUTIONS GROUP INC (OTC:SOLU) climbed 0.0027 (81.82%) to $0.0060 after Southwest Airlines awarded a contract to Southwest Solutions Group to build and install a high density storage system for their Payroll department. Southwest Airlines' recent growth created a need for additional space for the Payroll department's file storage.
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