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Big Mover; Bio-Matrix Scientific Group Inc. (BMSN)

By Warren Paige

Bio-Matrix Scientific Group Inc. (PINK: BMSN) shares are seeing a huge rally in trading today. At last check, BMSN shares were trading 126.92% higher at $0.0059 on above average volume of 70.99 million.

BMSN shares are rallying today after the company announced that its Regen BioPharma unit appointed three internationally renowned regenerative medicine experts to its Scientific Advisory Board (SAB).

Regen BioPharma is Bio-Matrix’s wholly-owned subsidiary focusing on the development of translational medicine platforms for the rapid commercialization of stem cell therapies. Regen’s new SAB members are David White, MD, Ph. D., who is a member of the Surgery and Immunology faculty of The Schulic School of Medicine, University of Western Ontario; Wei-Ping Min, MD, Ph. D, who is Professor at the Lawson Health Research Center in Canada; and Vlad Bogin, MD, who is the President and CEO of Cromos Pharma.

BMSN also said that Regen BioPharma signed a Letter of Intent with Cintaris LLC., a global contract research organization.

 

June 6th, 2012 | Tags: | Category: Hot MicroCaps

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.