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Hot Stock; Barfresh Food Group Inc. (BRFH)

By Warren Paige

Shares of Barfresh Food Group Inc. (PINK: BRFH), a manufacturer and distributor of ready to blend beverages, are soaring in trading today.

At last check, BRFH shares were trading 28.57% higher at $0.630 on above average volume of 814,992. Despite the sharp rise in trading today, BRFH shares have fallen more than 31% in the last three trading sessions.

Barfresh this week announced that it is producing products that will be used as samples for potential customers. BRFH said that it plans to set up test programs with customers. The company is currently in talks with several companies, including both large and small quick service restaurant chains with national footprints in the U.S.

Ricardo Delle Coste, CEO of Barfresh Food, said this week that the process for developing relationships with large companies is lengthy. Delle Coste said that the funds BRFH raised early this year, allowed it to set up its first manufacturing line, and the company is now very close to starting test program.

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.

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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.