Nutra Pharma Corp. (OTCBB) NPHC
CORAL SPRINGS, Fla., Mar 30, 2010 Nutra Pharma Corp. (OTCBB: NPHC), a biotechnology company that is developing treatments for Adrenomyeloneuropathy (AMN), HIV and Multiple Sclerosis (MS), has announced today that its over-the-counter (OTC) pain reliever, Cobroxin, is now available for purchase in CVS. With over 7,000 store locations across the United States, CVS is considered the nation’s largest pharmacy chain by store count and by retail pharmacy sales per square foot.
The report, which may be viewed on the company website at www.convergeglobalinc.com, was prepared by Mr. Warren Hawkins, P.Eng of Hawk Exploration Consultants following the standards outlined in the Canadian Securities Administration National Instrument Policy 43-101. It outlines the mineral potential of the area and a recommended work program.
Technical Outlook
NPHC Traders and Investors are anxiously awaiting the breakout above the psychological .50 level in the coming weeks. Once we break back above this level that will be our confirmation that momentum is back in the stock. We have major support at the 200 and moving average (.35) and would be a screaming buy at these levels.
Indigo-Energy, Inc.. (OTCBB) IDGG
HENDERSON, Nev., Mar 30, 2010 Indigo-Energy, Inc. (OTCBB: IDGG) is very pleased to announce today that is has begun flowing gas from its three natural gas wells in the Illinois Basin. As was previously announced, the Company and its operating partner drilled a series of two, one-mile long horizontal “spoke” wells into a vertical “hub” well which serves as the single production point for the three producers in this “hub and spoke” well configuration. As of this morning the wells have flowed over 2.5 million cubic feet of gas during the de-watering operation while flaring the produced gas at the field’s gas processing facility. As was recently announced, necessary mechanical adjustments to the wells are now finished and testing of the field’s gas transmission pipeline has been successfully completed for the state utilities regulatory commission. The Company is now awaiting the final gas quality analysis required by the interstate pipeline and it is anticipated that the results of that test will be received next week. The results of similar previous tests have been excellent so Indigo and its operating partners anticipate producing gas into the pipeline on or before the 8th of April.
Technical Outlook:
IDGG Traders and Investors are focused in on the .08 possible breakout in the next few days. If the stock can get a weekly close above this level, this could spark another round of momentum in the stock. IDGG. Is currently up 53% on 500,000 shares traded in the morning session.
MMR Information Systems, Inc. (OTCBB) MMRF
LOS ANGELES, CA, Mar 30, 2010 MMR Information Systems, Inc. (OTCBB: MMRF) (“MMR”) announced today that Chartis will provide MMR’s secure online Personal Health Record (PHR) to Chartis policyholders worldwide. The program, designed to be an integrated benefit to policyholders, will be introduced through local Chartis insurance companies throughout the world.
Technical Outlook
MMRF broke its 200 day moving average (.12) two days ago and has been on a nice slow steady upward trend since. Short-term resistance of .15 has been broken this morning Traders and Investors will be using this level as a guide going forward. A weekly close above .15 could be the start of the possible upward trend in the stock. MMRF is up 17% on 937,000 shares traded in the morning session.
