Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > RedChip Initiates Research On BioForce Nanosciences Holdings, Inc.

Abstract:
RedChip Visibility, a division of RedChip Companies, Inc. announced that it has initiated research on Bioforce Nanosciences Holdings, Inc. (OTCBB:BFNH)

RedChip Initiates Research On BioForce Nanosciences Holdings, Inc.

Orlando, FL | Posted on June 12th, 2007

Nancy Hull, MBA, RedChip Research Analyst, wrote in the report:

"Pressured by recent sales of shares by investors under SEC Rule 144, BioForce Nanosciences Holdings, Inc. (BFNH.OB) shares are now trading at 82% below their 52-week high of $5.00 set just three months ago. We believe the current weakness in share price offers a compelling investment opportunity for those seeking exposure to micro-cap nanotechnology equities. We expect the Company to deliver more than 500% revenue growth in FY 2007 while simultaneously expanding gross margin by approximately 14%. These strengthening financial results should serve to validate the commercial viability of the Company's nanotechnology platform and ease any lingering investor concerns over recent selling pressure on the shares. Our twelve month price target of $1.79 (nearly 100% above current levels) affords BFNH a P/S multiple of 5.0x our FY 2008 revenue estimate of $8.6 million, inline with a basket of comparable nanotech peers."

To receive a complimentary copy of the initial RedChip Visibility research report for BFNH, please visit: http://www.redchip.com/visibility/about.asp?page=requestBFNH_initial

####

About RedChip Companies, Inc.
RedChip Companies is an international small-cap research and financial public relations firm with offices in Beijing and Orlando and affiliates in New York and San Diego. RedChip delivers measurable results for its clients through its extensive international market expertise as well as its comprehensive platform of products: RedChip Research(tm), Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences held throughout the United States, and RedChip Radio(tm). To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/services.asp

"Discovering Tomorrow's Blue Chips Today."(tm)

RedChip Visibility Research Disclosure

RedChip Companies Inc. is an affiliate of the Aurelius Consulting Group, Inc. BFNH is a client of the Aurelius Consulting Group, Inc. and of RedChip Visibility, a division of RedChip Companies. BFNH paid RedChip Visibility $32,400 for the RedChip Visibility Research Program, which includes this report. RedChip Visibility, a division of RedChip Companies, Inc., and the Aurelius Consulting Group Inc., in a joint marketing agreement, have been contracted by BFNH to increase investor awareness of BFNH to the small-cap equity community. These services may include investor conferences and digital and print distribution of BFNH investor related materials. In the purview of Section 17(b) of the Securities Act of 1933 and in the interest of full disclosure, we call the reader's attention to the fact that the Aurelius Consulting Group is an investor relations firm hired by the Company and receives a monthly fee of $5,500 and warrants to purchase 80,000 shares of the Company's common stock.

For more information, please click here

Contacts:
RedChip Companies
1-800-REDCHIP

Copyright © PrimeNewswire

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Investments/IPO's/Splits

Nanometrics to Participate in the 9th Annual CEO Investor Summit 2017: Accredited investor and publishing research analyst event held concurrently with SEMICON West and Intersolar 2017 in San Francisco June 27th, 2017

180 Degree Capital Corp. Announces the Start of Kevin Rendino as Chairman and Chief Executive Officer and Completion of its Transition to a Registered Closed-End Fund March 31st, 2017

Harris & Harris Group Issues Its Financial Statements as of December 31, 2016, Posts Its Annual Shareholder Letter, And Will Host a Conference Call for Shareholders on Friday, March 17, 2017 March 15th, 2017

Harris & Harris Group Announces the Filing of Preliminary Proxy Materials Detailing Its Proposed Conversion From a BDC to a Registered Closed-End Fund January 24th, 2017

Announcements

Scientists announce the quest for high-index materials: All-dielectric nanophotonics: The quest for better materials and fabrication techniques July 22nd, 2017

Pulses of electrons manipulate nanomagnets and store information: Scientists use electron pulses to create and manipulate nanoscale magnetic excitations that can store data July 21st, 2017

The first light atomic nucleus with a second face July 20th, 2017

Semiliquid chains pulled out of a sea of microparticles July 20th, 2017

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers

Scientists announce the quest for high-index materials: All-dielectric nanophotonics: The quest for better materials and fabrication techniques July 22nd, 2017

Pulses of electrons manipulate nanomagnets and store information: Scientists use electron pulses to create and manipulate nanoscale magnetic excitations that can store data July 21st, 2017

Probiotics: Novel biosynthetic tool to develop metallic nanoparticles: This research article by Dr. Nida Akhtar et al has been published in Recent Patents on Drug Delivery & Formulation, Volume 11, Issue 1, 2017 July 20th, 2017

Semiliquid chains pulled out of a sea of microparticles July 20th, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project