Have Fundamentals Improved for Biozone Pharmaceuticals Inc (OTCBB:BZNE)?

Repost This

Las Vegas, NV -- (SBWIRE) -- 12/05/2013 -- Biozone Pharmaceuticals Inc (OTCBB:BZNE) declared that the company improved the performance that is also mentioned in its balance sheet. The improvement occurred by excluding outstanding convertible preferred stock.

Biozone mentions that convertible preferred stock holders exchanged their securities for common stock shares. The shareholders consider that the merger with Cocrystal Discovery, Inc. is positive step of company. The company announced last month about agreement for selling its operating assets.

Biozone Pharmaceuticals, Inc. previously International Surf Resorts, manufactures and produces OTC drug products. The company’s over the counter products are handled by its subsidiary BioZone Laboratories, Inc. The other subsidiaries of the company include Equalan LLC and Baker Cummins Corp. The product lines of the company include skin care. The company acquired Aero Pharmaceuticals, Inc. in 2011.

To find out what OTCMAGIC projects for Biozone Pharmaceuticals Inc for both short term and long term please click here: BZNE

OTCMAGIC Spends all day scouring the markets for the next huge Penny Stock Winner. Investors have come to trust us for our up to date commentary on all hot stocks so please visit OTCMAGIC right now and see what it’s all about for yourself! At 30,000 Visitors a Month and growing rapidly OTCMAGIC is the hottest thing in penny stocks!

Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PLEASE NOTE: OTCMagic.com employees are not registered as an Investment Advisor in any jurisdiction whatsoever. Full disclaimer can be read at http://OTCMagic.com/disclaimer. Release of Liability: Through use of this website viewing or using you agree to hold OTCMagic.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss monetary or otherwise, damage monetary or otherwise, or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. OTCMagic.com affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. OTCMagic.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and OTCMagic.com. We make no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. This is not a solicitation to buy or sell any securities. Any claims or Statements should be deemed hypothetical. OTCMagic.com, nor any of its affiliates are not registered investment advisors or broker dealers.