Shares of Medisafe 1 Technologies Corp. (OTC: MFTH), a developer of patented technologies that physically prevent unauthorized administration of prescription medications, are seeing a huge rally in trading today.
MFTH shares are currently trading 138.89% higher at $0.0043 on above average volume of 104.62 million.
MFTH shares are soaring after the company announced that it plans to issue a one-time special dividend to all existing shareholders pending the perpetual license sale of technology rights to a third party.
Jacob Elhadad, CEO of Medisafe 1 Technologies, said that upon the anticipated completion of the non-exclusive perpetual license agreement, MFTH will be extremely pleased to be able to reward its shareholders with a special dividend.
Shares of Punchline Resources Ltd. (OTC: PUNL), an emerging mineral resources company focused on domestic and international exploration and development projects, are rallying in trading today.
At last check, PUNL shares were trading 13.43% higher at $1.52 on above average volume of 2.71 million. The stock touched an all-time high of $1.53 in trading today.
PUNL shares are gaining after the company last week announced that it signed a Mineral Lease Agreement for the exploration and development of the Empress Property in Nevada. PUNL also announced the receipt the initial funding drawdown of $200,000 requested from its $1 million line of credit facility provider.
Ramzan Savji, President and CEO of Punchline Resources, said last week that the Empress gold and silver property looks to be a very good fit for the company‚Äôs aggressive growth strategy because of the historic work already completed on the property and its apparent significant exploration upside potential.
Shares of OncoSec Medical Inc. (OTC: ONCS), an emerging drug-medical device company focused on the designing, development and commercialization of medical approaches for the treatment of solid cancers, are soaring in trading today.
At last check, ONCS shares were trading 12.30% higher at $0.235 on above average volume of 1.97 million.