Friday, April 9, 2010
StockProfiler.US: Penny Stocks in the News: China Crescent Enterprises, Inc. & Vasomedical, Inc.
DALLAS, TX, April 9, 2010 -- China Crescent Enterprises, Inc. (OTCBB: CCTR) today released an on-demand Webcast reviewing a recently released analyst report rating China Crescent a 'speculative buy' with a target price per share (PPS) of $0.054, representing a more than 200% potential increase from the current price.\
China Crescent Enterprises, Inc. closed at $0.015 Thursday, trading 27,729,915 shares.
China Crescent (CCTR) Releases Webcast Reviewing Recent Analyst Report and Potential Buy-In From Reg. SHO Listing
About China Crescent Enterprises, Inc.
China Crescent is a systems integration service provider that markets technology outsourcing services in China including the sale and service of brand name technologies such as Microsoft, Oracle, Cisco, IBM, HP and Dell. Following a recent strategic acquisition, the Company has expanded its business line to include original design manufacturing (ODM). China Crescent reported over $40 million in profitable revenue in 2008. The Company has reported record profits through the first 9 months of 2009 and anticipates reporting record profit in the 2009 annual report. Management has set a goal of reaching $100 million in revenue in 2010.
Headquartered in Dallas with operations in Shanghai, Shenzhen, Dalian and Beijing, China Crescent bridges the gap between global business cultures to assist clients worldwide realize the advantages of the high quality, low cost technology products and services available from China. China Crescent also assists clients in localizing products and services to realize the tremendous growth potential available by expanding into the Chinese Market.
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WESTBURY, N.Y., April 9, 2010 -- Vasomedical, Inc. ("Vasomedical") (OTCBB: VASO), a leader in the non-invasive treatment and management of cardiovascular diseases, today announced the receipt of the US FDA 510(k) clearance on April 2, 2010 to market its Vasomedical-BIOX™ Model 2301 Combined ECG Holter and Ambulatory Blood Pressure Monitoring Recorder and Software Analysis System.
Vasomedical, Inc. closed at $0.07 Thursday, trading 75,975 shares.
Vasomedical Announces FDA 510(k) Clearance on the First Combined ECG Holter and Ambulatory Blood Pressure Monitoring System
About Vasomedical
Vasomedical, Inc. is primarily engaged in designing, manufacturing, marketing and supporting EECP(R) external counterpulsation systems based on the Company's proprietary technology. EECP(R) therapy is a non-invasive, outpatient therapy for the treatment of diseases of the cardiovascular system currently indicated for use in cases of angina, cardiogenic shock, acute myocardial infarction and congestive heart failure. The therapy serves to increase circulation in areas of the heart with less than adequate blood supply and may restore systemic vascular function. The Company provides hospitals, clinics and private practices with EECP(R) equipment, treatment guidance and a staff training and maintenance program designed to provide optimal patient outcomes. EECP(R) is a registered trademark for Vasomedical's enhanced external counterpulsation system. Additional information is available on the Company's website at vasomedical.com.
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Please Note: All news contained herein has been previously issued by the companies mentioned in this release, and is the property of each company, respectively. All news is edited for content. The companies that are discussed in this opinion have not approved the statements made in this opinion.
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