Stamford, CT -- (SBWIRE) -- 08/14/2013 -- High Rising Stocks provides investors with the hot penny stock alerts on a regular basis. We will send you alerts through our Free E Newsletters with High Yielding alerts, market forecasting, stock tips and strategies, and offer you the tools to help you along the way with the goal of keeping you loyal to our service. Today’s stocks to watch are: NanoViricides Inc (OTCBB:NNVC), Imageware Systems Inc (OTCMKTS:IWSY), EXLITES HOLDINGS INT (OTCMKTS:EXHI), Applied DNA Sciences Inc (OTCBB:APDN)
NanoViricides Inc (OTCBB:NNVC) shares dropped 3.03% and closed at $1.28 in the last trading session. The company on August 12 announced that DengueCide™, its drug candidate for the treatment of dengue and dengue hemorrhagic fever, has been officially designated as an orphan drug by the US FDA. This orphan drug designation qualifies NanoViricides for certain tax credits and marketing incentives under the Orphan Drug Act.
Additionally, the company on August 5 said it has signed a non-disclosure agreement (NDA) with the Lovelace Respiratory Research Institute (“LRRI”). The Company intends to enter into a Master Services Agreement with LRRI for the IND-enabling efficacy studies of both its broad-spectrum injectable and oral FluCide® drug candidates. These studies will employ multiple unrelated subtypes and strains of Influenza A, including the novel H7N9 strain, the subtype which is currently circulating in China.
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Imageware Systems Inc (OTCMKTS:IWSY) shares gained 2.60% to $2.37. The company on August 7 said it has been awarded a $2.2 million contract by the U.S. Department of Veteran Affairs (VA) to expand its personal identity verification (PIV) credentialing capabilities. Under the terms of the agreement, ImageWare will deliver software licenses during the third quarter of 2013, whereby the company will receive approximately $1.5 million in revenue. Additionally, ImageWare will receive service revenue valued at approximately $650,000 that will be recognized proportionally over the next year.
Additionally, the company will conduct a conference call on Wednesday, August 14, 2013 at 5:00 p.m. Eastern time (2:00 p.m.Pacific time) to provide a corporate update for the second quarter ended June 30, 2013. ImageWare Chairman and CEO Jim Miller and CFO Wayne Wetherell will host the conference call, followed by a question and answer period.
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EXLITES HOLDINGS INT (OTCMKTS:EXHI) stock decreased 61.04% to $0.0300. The company on August 12 announced that it has entered into an agreement with a company that will sourcenew cutting edge medical products from China, Taiwan and Japan.Exlites has contracted with a company in Utah whose mission is toassist medical product companies from around the world to developeconomic opportunities and exclusive vendor arrangements with U.S.corporations.
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Applied DNA Sciences Inc (OTCBB:APDN) stock dropped 0.29% to $0.138. The company on August 13 announced its financial results for the third fiscal quarter ending June 30, 2013. For the three months ended June 30, 2013, APDN generated $644,842 in revenues from operations, an increase of $116,268, or 22%, from revenue of $528,574 for the three months ended June 30, 2012. Net loss for the three months ended June 30, 2013 increased to $2,135,612 from a net loss of $1,429,645 for the three months ended June 30, 2012.
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