ISON - Up 71%
Wednesday, April 11, 2007
Chart courtesy of stockcharts

ISON shares was up 71% to 1.83$ after company announced today that it has entered into an agreement with Cornell Capital Partners, L.P. ("Cornell" or the "Lender) under which the Lender has modified their existing debentures in a manner that will allow the Company to reclassify a component of their existing debentures as equity. Isonics believes this reclassification will result in gaining compliance with Nasdaq Listing Requirements. Since, since January the company already lost half of its value of market, so pay attention in coming weeks to ISON shares. Looking at the chart stock still trading in a Bearish Market.

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posted by Pro Investor Trader at 10:09 PM | Permalink


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