Pompano Beach, FL, November 21, 2012 -- MEDICAL MARIJUANA INC(PINKSHEETS: MJNA) shares declined 6.36% to $0.103 in the morning hour. MJNA and its portfolio company CanChew Biotechnologies announced that registration for their free product trial of CanChew gum was met with great enthusiasm. The offer was originally extended on Oct. 1 to 250 participants, on a first come/first served basis.
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Southridge Enterprises Inc.(PINKSHEETS: SRGE) stock jumped 18.07% to $0.0101. The company announced today that Southridge Minerals , its wholly owned subsidiary, announces it recently filed its financial results with the OTC Markets for the third quarter of fiscal 2012. The Company reported net income of $311,611 on revenues of $942,314 for the period ending May 31, 2012. The results for the quarter represented the achievement of a significant milestone for the Company in its initiation of mineral production at the Cinco Minas facility in Jalisco, Mexico.
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AMARANTUS BIOSCI INC(OTC: AMBS) stock gained 2.17% to $0.0470. The company announced the Opposition Division of the European Patent Office upheld Amarantus Bioscience's European Patent relating to neurotrophic factor MANF, following opposition by rival Hermo Pharma OY of Finland. The Opposition Division held that the Opponent's arguments did not prejudice the maintenance of the Patent as originally granted, with broad claims covering MANF and its derivatives.
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TRANZBYTE CORPORATIO(PINKSHEETS: ERBB) shares climbed 10% to $0.0066 in the early hour. ProximaRF, a subsidiary of Tranzbyte Corporation announced that it is working on the development of an RFID reader that could successfully track shipments of legally grown and distributed marijuana from the time the product is harvested to the time it is delivered to retailers. Once completed, the company believes this could be a significant enhancement for both retailers and law enforcement nationwide.
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Northstar Global Services (PINKSHEETS: MDIN) shares is trading at $0.0051. The company announced it's newest product will target the $2.7 billion annual sports nutrition market with a new stem cell replacement therapy tablet that allows individuals to build muscle many times faster than normal. Clinical studies have shown the potential of this new supplement to be astounding, and everyone knows that fitness fanatics looking to build muscle and get larger will do, and pay almost anything to achieve their goals.
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