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Micro-Cap in News; SurgLine International Inc. (SGLN)

By Warren Paige

SurgLine International Inc. (PINK: SGLN), a distributor of high quality FDA approved medical and surgical products at discount prices, today, provided an update on its revenue pipeline.

CEO Thomas Toland said that following the acquisition of SurgLine Inc., the new company and its management team has invested significant amount of their time and effort in laying the groundwork for the company to operate.

The management team at SGLN focused on building long-term value and revenue for SGLN and its shareholders. Toland said that SGLN management has introduced its products and pricing to the acute care hospitals, hospital systems, the VA hospital system, surgery centers, health plans and others.

Toland added that SGLN is confident that with its current revenue pipeline of additional programs in process and previously executed agreements, it will meet the previously stated revenue goal by the end of this year.

SGLN shares are currently trading at $0.0004, unchanged from the previous trading session.

June 14th, 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.