WESTON, Fla. Aug. 4, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Mosaic Nutraceuticals (Pink Sheets:MCNJ), United Therapeutics Corporation (Nasdaq:UTHR), GRIC Communications Inc. (Nasdaq:GRIC) and Corinthian Colleges Inc. (Nasdaq:COCO).
Aggressive investors and traders will be watching Mosaic Nutraceuticals (Pink Sheets:MCNJ) this morning! Yesterday after the markets closed, the company issued a press release announcing that they will introduce Celaprix, their proprietary, OTC osteoarthritis and pain relief topical rub, for retail distribution effective September first. In addition, the company plans to support the launch of Celaprix with a multi-million dollar advertising campaign!
According to the press release, Celaprix is a highly effective topical rub that has been shown to reduce pain as well as help naturally reverse the effects of osteoarthritis. Celaprix contains a proprietary combination of two main ingredients called celadrin and boswellian extract. Celadrin has been clinically tested and shown to help reverse osteoarthritis, enhance joint ROM and reduce pain (the results of this clinical study were published in the Journal of Rheumatology).
Investors should watch this company for continued good news! President of Mosaic Nutraceuticals, Charlie Townsend, said, "Last month we introduced Lipotrene, a proprietary, sugar-free, low-carbohydrate candy chew containing the specific active ingredient policosanol, which is extracted from the wax of sugar cane and has been shown in clinical studies to reduce cholesterol levels naturally by as much as 20%.
Today we are extremely excited about the launch of Celaprix. Celaprix is an important product addition to the growing Mosaic family. The benefits consumers can experience from using Celaprix are truly amazing. We firmly believe that osteoarthritis sufferers should look to Celaprix for lasting relief before resorting to prescription treatments."
Investors watch this one! Osteoarthritis is considered "wear and tear" arthritis, and it is a major health problem effecting America. It is currently estimated that 20.7 million Americans currently suffer from osteoarthritis and that osteoarthritis is responsible for a minimum of 7 million physician visits per year.
The stock closed yesterday at around fifteen cents a share.
In case you are not familiar with the company: Mosaic Nutraceuticals is located in Dallas, Texas, and its mission is to help enhance and improve the quality of life of its consumers through cutting-edge, highly unique dietary supplements and products. Mosaic plans to be a market leader in the nutritional field and will strive to grow its product line through dynamic innovation and acquisitions. The categories Mosaic plans to focus on include: Osteoarthritis, pain relief; low-carbohydrate functional foods, cholesterol health, weight loss/appetite suppression, anti-aging and general wellness.
Stocks showing interesting activity yesterday at the close of the regular trading day were: United Therapeutics Corporation (Nasdaq:UTHR) up 16.6% on 3.5 million shares traded, GRIC Communications Inc. (Nasdaq:GRIC) up 12.9% on 799,688 shares traded and Corinthian Colleges Inc. (Nasdaq:COCO) up 9.2% on 36.2 million shares traded.
Commentary:
"Ready to buy a second home or vacation home? Since real estate values are soaring, the National Association of Realtors claims that many are buying for investment purposes, as well as using the second house for 1 or 2 weeks of vacation. At www.economy.com, they say it pays to be wise and watch the interest rates as well as what is comfortable to afford. Currently, they claim, overpriced markets can be found in Miami, Boca Raton and California. Instead look at Savannah or Augusta, Ga., the Carolinas, Kentucky or West Virginia," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. The Wall Street News Alert home page has experienced over 20 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com and select the "join now" button.
-- Wall Street News Alert is not affiliated with faxes bearing the names Wall Street Stock Alert or Wall Street News Alert! --
Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies' discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.
This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. WSCF has been compensated forty thousand shares of Mosaic Nutraceuticals Corp. (Pink Sheets:MCNJ), by a third party (AGA Inc.), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF has not sold any of those shares, as of this release. WSCF may intend to immediately begin or continue selling additional shares as this release is being circulated. WSCF may receive additional shares for extension of its services. Any additional shares will be disclosed at such time that WSCF is aware of a clients desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock. Market commentary provided by Sonja Rudd.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.