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Micro-Cap in Focus; Fuse Science Inc. (DROP)

By Warren Paige

Shares of Fuse Science Inc. (PINK: DROP), a development-stage company engaged in the development and maintenance of rights to sublingual and transdermal delivery systems of energy, medicines, vitamins and minerals to humans, surged in trading on Friday.

DROP shares ended the day 18.18% higher at $0.130 on volume of 1.14 million. Despite Friday’s gains, the stock fell 13.51% in the last three trading sessions.

Fuse Science recently provided an update to its shareholders and the investment community.

Fuse Science provided update in its capitalization efforts, GNC product distribution and the upcoming launch of its PowerFuse™ and ElectroFuse™ drop technologies.

Brian Tuffin, CEO of Fuse Science, said that the entire Fuse team remains focused and committed to the execution of a deliberate strategy that advances the development of its technology and consumer product offerings.

 

August 4th, 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.