Create the future you want! Learn to make money online. Visit our website and start today! www.exclusivebizopps.com
Oral Drug Test Kit Manufacturer, Avitar, Raising Cash
Company Online Stock Trading Avitar, Inc., a manufacturer of oral fluid diagnostics testing products used in work place drug testing, raised $1.25 million in a private placement as part of its ongoing plan of expanding its market.
Drug Test Kits, Drug Testing Kits, test yourself kits, drug testing kit to test your teenager, drug testing kit to test your employees, Kits to test for drugs, drug test for marijuana, drug test for cocaine, drug test for heron, drug test kit for meth
Online Trading Stock And Visit our AXcess News Forum and add your comments on this story. Try your hand at writing, the best story will be published on our news network. Take our health poll too!
- ADRs or American Depository Receipts act as a proxy for foreign stock shares, but are issued in dollar value.
- Closed end funds are like a cross between mutual funds and ETFs which trade like stocks but are a collection of stocks from one country. For example, IFN is a closed end fund for India and CAF is a closed end fund for China. Both invest invest 100% in their countries but are managed by an American investment company and trade on the NYSE.
. They trade like stocks, in diversity.
Stock Investing Course Print This Page
A drug test for hair is becomming more popular than ever. It is best to be prepared for the test as it goes back a long time. Drug Test Kits Drug test kits are a sure way to find out if you or someone you know will test positive. Drug test kits are available in a wide range of configurations. Drug Testing Kits Drug Testing Kits are used my employers and parents to determine if they will test positive in a drug testing situation.
Stock System Trading Aug 8, 2004 (AXcess News) Canton MA - Avitar, Inc. (AMEX: AVR), a manufacturer of oral fluid diagnostics testing products used in work place drug testing, raised $1.25 million in a private placement as part of its ongoing plan of expanding its market.
- It is possible to lose more money than you invested
- Short selling stock uses margin trading which requires a minimum amount of cash as collateral (typically 25 percent). If your position slips to that level, it is subject to a margin call where you must come up with the cash or liquidate your position.
- Short squeeze phenomena can take place if the stock actually begins to increase rapidly while short sellers all try to cover their positions.
Stock Investing Game Avitar's been able to attract capital due to its product, ORALscreen, which the company boasts is "the world's first noninvasive, rapid, on site oral fluid test for drugs-of-abuse."
Where is uBid, Inc. traded Shares of our common stock are listed on The NASDAQ OTC Bulletin Board under the symbol "UBHI.ob" How can I invest in uBid.com You can purchase stock in our company through a brokerage or the stock purchase service of your choice. Does uBid.com pay a cash dividend No, we have never declared or paid a cash dividend nor do we expect to pay any dividends in the foreseeable future.
Market Stock Trading According to the company's announcement Friday, the global market for drugs-of-abuse testing market, which encompasses the corporate workplace and criminal justice markets is estimated to be $1.5 billion.
Online Stock Trading Canada Mr. Peter P. Phildius, Chairman, commented on Avitar's private placement Friday saying, "This financing is part of our capital funding plan discussed in our most recent quarterly report filed with the SEC. It, along with anticipated future financings, will provide us with necessary working capital and allow us to continue to invest in the resources that we will need to enhance and expand our ORALscreen(R) products business."Friday's news marks the second dip into the equity well for this micro cap company. On May 27 Avitar announced that it completed a $1 million private placement and conversion of anAdvertisementadditional $1.25 million in long-term debt into preferred stock.
Stock Investing Basics According to the May 27 announcement, Avitar's overall plan calls for $10 million in financing, making this latest round of financing a good push towards that goal.Shortly after announcing the financing in late May Avitar announced the addition of David Greaves, who was appointed Vice President of Sales. Greaves appointment apparently paid off following several announcements Avitar made of new accounts and expanding interest in Europe.
Day Online Stock Trading While figures are not out for the latest period, investors were probably more intrigued by the news that Avitar had been granted a patent for its oral diagnostic testing device.
Online Stock Trading Game Avitar's shares (AMEX: AVR) appear to be off the radar screen of institutions, closing Friday at 9 cents, up 1 cent or 12.5%, on light volume of 432,700 shares.While a double-digit rise in price is notable in any stock, Avitar's penny climb in price Friday only lifted the stock off its 52-week low of 8 cents. Though its 90-day average daily volume is 1,561,727 shares a day, liquidity is no match for value and Avitar appears to be undervalued at this level of liquidity. AXcess News added Avitar to its Stock Guide and will be tracking the company for its readers.
Stock Investing Software AXcess News will be reporting on any new market trends related to this story. Members should watch their in-box for late breaking news. If you're not a member, consider joining now. Members get the latest business news, commentaries and stock picks delivered right to their in-box.
Share this:
More about:
- DVD Avenue Rent New Release DVDs Online
- Home Drug Testing: An Overview
- Types of Drug Testing Kits
- The Rise of High School Drug Testing
- What's the REAL DEAL on HGH (Human Growth Hormone) anyway?
- Are aftermarket fresh-water cooling kits for I/Os effective?
- Hairy Drug Test
- Germany's Merck Expected to Make Hostile Bid for Rival Schering AG
- Task Force Seizes Improvised Explosive Devices, Firearms Caches
