Positron Corporation (OTCBB: POSC) reached up 40.51% in morning trading to $.0111 with 3M shares traded. Positron Corporation is a leading molecular imaging healthcare company vertically integrating all the segments of nuclear cardiology—providing an end-to-end solution for cardiac PET. Through proprietary PET imaging systems, radiopharmaceuticals and radioisotopes solutions, Positron enables healthcare providers to more accurately diagnose disease and improve patient outcomes, while practicing cost effective medicine. Positron's unique products, market position and approach in securing the supply chain are substantial advantages, further accelerating the adoption of cardiac PET and growth of nuclear cardiology. Positron Corporation (POSC) announced the FDA's marketing approval of The University of Texas Health Science Center at Houston (UTHealth) Coronary Flow Reserve (CFR) quantification software, cfrQuant™.
Film Development Corporation (OTCBB: IFLM) reached up 35.60% in morning trading to $.0339 with 850K shares traded. Independent Film Development Corporation is developing a multi-pronged approach to integrate the multi-billion dollar independent film market to include Finance, Web, Sales and Distribution and Development. Independent Film Development Corporation (IFLM) announced today that the company became revenue producing for the first time in its history this quarter resulting from the launch of the Indiebacker brand (www.Indiebackers.com) and while the revenue was extremely small for the quarter at $3770 management is extremely enthusiastic for the brand and plans call for it to come out of beta this quarter and begin marketing the brand more aggressively.
Western Liberty Bancorp (NASDAQ:WLBC) reached up 33.33% in morning trading to $3.80 with 500K shares traded. With $199 million in assets, Western Liberty Bancorp is a Nevada bank holding company which conducts operations through Service1st Bank of Nevada, its wholly-owned banking subsidiary, and Las Vegas Sunset Properties. Service1st Bank operates as a traditional community bank and provides a full range of deposit, lending and other banking services to locally-owned businesses, professional firms, individuals and other customers from its headquarters and two retail banking facilities located in the greater Las Vegas area. Services provided include basic commercial and consumer depository services, commercial working capital and equipment loans, commercial real estate loans, and other traditional commercial banking services. Primarily all of the bank’s business is generated in the Nevada market. Western Alliance Bancorporation (WAL) and Western Liberty Bancorp (WLBC) announced Friday that they have signed a definitive agreement pursuant to which Western Alliance Bancorporation will acquire Western Liberty Bancorp.
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