An Ounce of Prevention is Worth a 52-Week HIGH
Merger news drives Prevention Insurance (OTCBB: PVNC) to a new fifty-two week high. Shares of Prevention traded up 6 cents to close at 10 cents per share on volume of almost 7 million shares. The company announced today that it has agreed to merge with Shanghai Senyin Development Company which manufactures pulp and paper products and distributes them around the world. Prevention feels that Shanghai Senyin is a perfect fit that will provide a solid platform to grow international sales. Prevention believes that the merger could be consummated in the next forty-five to sixty days providing that all audit and…