RedChip Announces “Buy” Rating for BioForce Nanosciences Holdings, Inc. (BFNH.OB)
Pressured by recent sales of shares by investors under SEC Rule 144, BioForce Nanosciences Holdings, Inc. (BFNH.OB) shares are now trading at 82% below their 52-week high of $5.00 set just three months ago. RedChip believes that the current weakness in share price offers a compelling investment opportunity for those seeking exposure to micro-cap nanotechnology equities. RedChip expects the Company to deliver more than 500% revenue growth in FY 2007 while simultaneously expanding gross margin by approximately 14%. These strengthening financial results should serve to validate the commercial viability of the Company's nanotechnology platform and ease any lingering investor concerns…