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Micro-Cap on the Move; Herborium Group Inc. (HBRM)

By Warren Paige

Shares of Herborium Group Inc. (PINK: HBRM), a Botanical Therapeutics company focusing on the development, licensing and marketing of proprietary, botanical-based medicinal products, are climbing in trading today.

At last check, HBRM shares were trading 1.85% higher at $0.0055 on volume of 5.02 million. The stock gained 10% in the last three trading sessions.

Herborium shares are gaining after the company today announced that it started commercialization of its proprietary all herbal ingredients-based energy drink. The company expects the energy drink to hit the market in the Fall of 2012. It will complement the company’s sexual health product line.

Dr. Agnes Olszewski, Chairman and CEO of Herborium, said that HBRM is extremely excited to move into the commercialization stage for its unique health energy product that can also fight jet lag and has no adverse effects. Dr. Olszewski said that HBRM believes this is the right time to enter the rapidly growing energy drink market.

June 21st, 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.