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Hemostemix Inc V.HEM

Alternate Symbol(s):  HMTXF

Hemostemix Inc. is a Canada-based clinical-stage biotechnology company. The Company’s principal business is to develop, manufacture and commercialize blood-derived stem cell therapies to treat various diseases. It is an autologous stem cell therapeutics company that holds 91 patents on the derivation of three stem cell lineages from the patient’s blood, including angiogenic cell precursors (ACP-01), neuronal cell precursors, and cardiomyocyte cell precursors. ACP-01 is a lead clinical-stage candidate, like NCP-01 and CCP-01, is generated from the patient’s blood. The Company is engaged in providing treatment for ischemia, such as ischemic cardiomyopathy, angina, peripheral arterial disease including critical limb ischemia. The Company’s proprietary technology is a personalized regenerative therapy that is administered to a patient within seven days of the initial blood draw. Its subsidiaries include Kwalata Trading Limited, Hemostemix Ltd., and PreCerv Inc.


TSXV:HEM - Post by User

Bullboard Posts
Post by dt_coreon May 27, 2011 12:05pm
273 Views
Post# 18634992

Market Depth?

Market Depth?Seems to be a single big seller that has been pushing trades in partial blocks accross the street over the past few weeks (e.g. 30K/50K shares at a time, selling ~1mm in total). Haven't seen him today thus far. Curious how retail is positioned (can't see market depth right now). Once the seller is done that should alleviate the downward pressure on the sp and potentially result in another snap back as buyers appear to be starting to line up. Could see some US buying pick up as well on account of B&S actively pushing the HEM story recently. Regardless though this recent trading is just short term noise. The investment thesis is very much intact.
Bullboard Posts