StockGuru Stocks to Watch for Thursday, May 24, 2007 Featuring Andover Medical, Genesis Technology, Tootie Pie, and Deep Blue Marine
Andover Medical, Inc. (OTCBB: ADOV) Andover Medical, Inc. (OTCBB: ADOV) - Wednesday’s shares went up 5.26% to $0.60. 1,000 shares were traded. Andover Medical, Inc. announced on May 18th that it has closed the acquisition of Ortho-Medical Products, Inc. (”OMI”). Edwin Reilly, Chief Executive Officer of Andover Medical, Inc., said, “In this particular transaction and in the additional ones in process, some of the best informed, experienced, and knowledgeable owners and CEOs in the DME space are in various stages of negotiation to sell their companies to Andover Medical for consideration which has a large component of Andover Medical stock.…