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Canada Business News and Press Releases
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(EMAILWIRE.COM, October 09, 2009 ) Windsor, Ontario - FreeHotPennyStocks.com, an online financial publication, provides investors timely stock market alerts. If you are interested in penny stocks that are poised to breakout sign up for our free penny stock newsletter. Each day we send out alerts on different hot penny stocks.
So Act Network, Inc. (SOAN), has launched a serious comprehensive networking web site, an internet search engine, and a unique suite of productivity tools in a private or public network (www.SoAct.Net). So Act is a highly compelling play in the Social Network space, having launched launched September 3rd, at 7 cents, and has recently traded as high as 2.00 dollars on October 7th. Considered the next phase of Social Networking, this company may give investors a compelling reason to get in on what many consider the next "Facebook", or the next "Twitter" In the last trading session, the stock closed at $2.25. The company opened up to $2.50 on average trading volume.
Unigene Laboratories, Inc. (UGNE) has reported that the U.S. District Court, Southern District of New York, has confirmed the validity of Unigene’s patent on Fortical® and issued an order permanently enjoining Apotex Inc. and Apotex Corp. from further infringement of the patent. The motion of the plaintiffs, Unigene and its licensee Upsher-Smith Laboratories, for summary judgment in the case was granted while the request for summary judgment by Apotex was denied.
“This decision is a very significant development for the plaintiffs,” commented Dr. Warren P. Levy, President and CEO of Unigene. “Although this decision may not close all of the legal proceedings, we are encouraged by the court’s decision in our favor.”
In the last trading session, the stock closed at $1.58. The company opened up to $1.65 on well average trading volume.
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