AllPennyStocks Featured Company: Millennium Biotechnologies Group, Inc. (MBTG.OB) Volume Nearly Triples after Product Development Agreement News
Millennium Biotechnologies Group, Inc. (MBTG.OB) announced yesterday that it entered into a $600,000 product development agreement to fund product development for its $20,000,000 purchase agreement with Provider Services Inc. and its volume of 534,600 was nearly triple the average daily volume of 182,342 shares. The agreement calls for Provider Services to fund $600,000 for the production development associated with the Ready-to-Drink product that will be developed by Millennium pursuant to the terms of the $20,000,000 5-year purchase agreement. Provider Services is based out of Cleveland and is Ohio's second largest service provider for the Long Term Care channel. With sales…