Navigation Links
Positron Announces Reverse Stock Split and Registration as a Delaware Corporation
Date:9/23/2013

oved shortly thereafter.

Many institutional investors and brokerage houses have internal practices and policies prohibiting holdings of lower-priced stocks in investment portfolios, which reduce the number of potential buyers of Common Stocks.  Additionally, analysts at many brokerage firms are reluctant to monitor the activity of lower-priced stocks or recommend lower-priced stocks to their clients.  Positron's Board of Directors believes that due to these policies and practices lower-priced stocks have become "off limit" or unattractive to brokers and the investing public.  It is for such reasons that this Reverse Split was deemed prudent and in the shareholders' best interest. Positron will also domicile the Company in Delaware, as it is a more favorable corporate governance jurisdiction and well recognized in the business community.

"Today Positron is a more accomplished and fundamentally stronger company than ever before," said Patrick G. Rooney, Chief Executive Officer of Positron. "We believe that our vertically integrated approach to the cardiac PET market is critical to the growth of the industry.  This integration provides strength and autonomy that will enable Positron to offer a continuous and complete end-to-end solution for cardiologists and their patients. The reverse stock split is simply a reclassification that we believe provides a more clear and manageable representation of our capitalization. This reclassification is an important step as we prepare to execute the next phase of our business plan in becoming an independent manufacturer of radioisotopes, providing a diversified portfolio of products related to key radiopharmaceuticals."

The Reverse Split will not require shareholders of the Company to exchange their existing stock certificates for new stock certificates, although, shareholders may do so if they wish. Please direct any questions you m
'/>"/>

SOURCE Positron Corporation
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine technology :

1. Positron Consolidates Radiopharmaceutical & Radioisotope Facilities
2. Positrons Attrius PET Scanner Now Utilized In Alzheimers Imaging With Amyvid Agent
3. Neusoft Positron Medical Systems Receives ISO Certification and CE Mark for their Attrius PET System
4. Positron Appoints Charles Conroy As Chief Operating Officer
5. Positron Introduces Next Generation PosiRx Pharmacy Automation Systems
6. Positron And Biologics Modular Enter Into Co-Marketing Agreement
7. Omeros Reports Positive Results from OMS824 Positron Emission Tomography Clinical Trial
8. Positron Retains Investment Banking Firm Covington Associates To Lead Financing Of Cyclotron Project
9. Positron And iThemba LABS Enters Into Radioisotope Supply Agreement
10. Piramal Imaging Provides Comments in Response to the Centers for Medicare and Medicaid Services (CMS) Proposed Coverage Decision for Beta-Amyloid Positron Emission Tomography (PET)
11. Precision Optics Corporation Announces $1 Million Order for Microprecision™ Based Endoscopes
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/23/2015)... , Jan. 23, 2015  HyGreen, Inc., a leader ... and partnership with RCA Medical, a subsidiary of Ascendis ... . Each year, hundreds of millions of ... infections as organisms are transmitted from patient to patient ...
(Date:1/23/2015)... 2015  Lixte Biotechnology Holdings, Inc. (OTCQB: LIXT), announced that the ... Lixte,s lead compound, LB‑100, is being conducted, has been expanded ... Kovach , M.D., the founder and President of Lixte, said ... a single site. Accrual of patients, however, was slower than ...
(Date:1/23/2015)... 23, 2015  CytoSorbents Corporation (NASDAQ CM: CTSO), a ... cytokine adsorber to reduce deadly inflammation in critically-ill ... $385,642, net of transaction costs, in non-dilutive funding ... Tax Certificate Transfer Program sponsored by the New ...
Breaking Medicine Technology:HyGreen Partners with RCA Medical in Johannesburg, South Africa 2Lixte Biotechnology Holdings Announces Expansion Of Clinical Sites For Its Phase I Trial Of Its Lead Anti-Cancer Compound, LB-100 2Lixte Biotechnology Holdings Announces Expansion Of Clinical Sites For Its Phase I Trial Of Its Lead Anti-Cancer Compound, LB-100 3CytoSorbents Receives $385,000 in Non-Dilutive Funding from the New Jersey Technology Business Tax Certificate Transfer Program 2CytoSorbents Receives $385,000 in Non-Dilutive Funding from the New Jersey Technology Business Tax Certificate Transfer Program 3
... by end of 2007-, EDMONTON, April 16, ... it has selected PX-866 as its next ... the,phosphatidylinositol-3-kinase (PI3 kinase)/ PTEN/AKT pathway, an,important survival ... of human cancer, including glioblastoma. Preclinical data,presented ...
... - As previously announced, primary endpoint not ... treatment with ERBITUX,-, NEW YORK, April 16, ... Squibb Company today,announced detailed results from the ... III trial - comparing ERBITUX(R),(Cetuximab) plus irinotecan ...
Cached Medicine Technology:Biomira Selects PX-866 as Clinical Development Candidate and,Presents Promising Preclinical Data at AACR 2Biomira Selects PX-866 as Clinical Development Candidate and,Presents Promising Preclinical Data at AACR 3Randomized Phase III Trial Showed Erbitux Significantly Improved,Secondary Endpoints of Progression-Free Survival and Disease,Control in Metastatic Colorectal Cancer Patients 2Randomized Phase III Trial Showed Erbitux Significantly Improved,Secondary Endpoints of Progression-Free Survival and Disease,Control in Metastatic Colorectal Cancer Patients 3Randomized Phase III Trial Showed Erbitux Significantly Improved,Secondary Endpoints of Progression-Free Survival and Disease,Control in Metastatic Colorectal Cancer Patients 4Randomized Phase III Trial Showed Erbitux Significantly Improved,Secondary Endpoints of Progression-Free Survival and Disease,Control in Metastatic Colorectal Cancer Patients 5Randomized Phase III Trial Showed Erbitux Significantly Improved,Secondary Endpoints of Progression-Free Survival and Disease,Control in Metastatic Colorectal Cancer Patients 6Randomized Phase III Trial Showed Erbitux Significantly Improved,Secondary Endpoints of Progression-Free Survival and Disease,Control in Metastatic Colorectal Cancer Patients 7Randomized Phase III Trial Showed Erbitux Significantly Improved,Secondary Endpoints of Progression-Free Survival and Disease,Control in Metastatic Colorectal Cancer Patients 8Randomized Phase III Trial Showed Erbitux Significantly Improved,Secondary Endpoints of Progression-Free Survival and Disease,Control in Metastatic Colorectal Cancer Patients 9
(Date:1/22/2015)... York, New York (PRWEB) January 22, 2015 ... http://www.vaginalmeshlawsuit2015.com/ ) in the U.S. District Court, Southern District of ... C.R. Bard, Inc. in that proceeding’s first bellwether trial. In ... request for a new trial after finding that C.R. Bard ...
(Date:1/22/2015)... Autocarinsurancebest.com has released a new blog post explaining ... policy . , Auto insurance quotes help many drivers ... longer necessary to call an agent or visit an agency ... a single website: http://autocarinsurancebest.com/ . , Every business who ...
(Date:1/22/2015)... 2015 A study recently published ... journal Medicine & Science in Sports & Exercise ... help reduce gastrointestinal (GI) problems associated with physical ... in the double-blind, placebo-controlled study took 10 grams ...
(Date:1/22/2015)... Four years since the release of their debut recording Love ... of Avasa & Matthew Love – the duo are pleased to ... through White Swan Records on February 24, 2015. , THE ROAD ... available to all of us to walk out of the mire ...
(Date:1/22/2015)... (PRWEB) January 22, 2015 JJsHouse.com is a ... dresses. Today, the business announces its latest collection of ... , “The most important issue is the wedding dress on ... thing in a woman’s life. Every bride wants to find ...
Breaking Medicine News(10 mins):Health News:Court Upholds $2 Million Vaginal Mesh Lawsuit Verdict Levied Against C.R. Bard in First Federal Bellwether Trial, Bernstein Liebhard LLP Reports 2Health News:Court Upholds $2 Million Vaginal Mesh Lawsuit Verdict Levied Against C.R. Bard in First Federal Bellwether Trial, Bernstein Liebhard LLP Reports 3Health News:Court Upholds $2 Million Vaginal Mesh Lawsuit Verdict Levied Against C.R. Bard in First Federal Bellwether Trial, Bernstein Liebhard LLP Reports 4Health News:Commercial Auto Insurance Provides Several Important Features! 2Health News:Study Shows Kyowa Hakko’s L-Citrulline May Help Reduce Gastrointestinal Injury During Strenuous Exercise 2Health News:Study Shows Kyowa Hakko’s L-Citrulline May Help Reduce Gastrointestinal Injury During Strenuous Exercise 3Health News:THE ROAD by Avasa & Matthew Love -- A New Album 2Health News:THE ROAD by Avasa & Matthew Love -- A New Album 3Health News:THE ROAD by Avasa & Matthew Love -- A New Album 4Health News:Find The Most Suitable Wedding Dress At JJsHouse.com 2
... was forced to take dramatic action in order to ensure that ... the local DHB began trying to get his wife's anti-nausea drug ... provided with the drug. ,Joanne Piper says that the ... Hawke's Bay hospital refused to provide enough of the drug so ...
... which manufactures contact lens solution. But recently it was found ... After this report the Food and Drug Administration ... extensive microbiological testing conducted which would take up to one ... Bausch & Lomb stopped shipping the solution, called ReNu with ...
... Gosling donated a part of his liver to a 5-year old ... //. He further stated that he had no regrets about donating ... life at risk, adding that he would do it again, if ... of his family friends is said to have been instrumental in ...
... alert has been sounded by health authorities in Tripura, ... in neighbouring Assam //. The health department of Tripura ... prevent a malaria outbreak in Tripura. ,'We ... health department. Doctors and paramedics have fanned out to ...
... is getting all the more evident after this pathbreaking ... cause obesity in children accoding to the study. // ... on this skyrocketing trend of childhood obesity, which is perhaps ... type of food advertisments targeting children. ,Nearly 5,407 students ...
... a neurodegenerative disease. According to research by physicians at ... that having close friends // and staying in contact ... damaging effects of Alzheimer's disease. The results of the ... David A. Bennett, and his colleagues is the first ...
Cached Medicine News:Health News:46-Year-Old Canada Man Donates A Part Of His Liver To A Complete Stranger 2Health News:Rush Study Shows That Interactions with Friends and Family Prevents Damaging Effects of Alzheimer's disease 2
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
Medicine Products: