StockGuru Stocks to Watch for Friday, May 25, 2007 Featuring Andover Medical, Genesis Technology, Tootie Pie, and Deep Blue Marine
Andover Medical, Inc. (OTCBB: ADOV) Andover Medical, Inc. (OTCBB: ADOV) - Thursday’s shares decreased 6.67% to $0.56. 205,850 shares were traded. Andover Medical announced on May 24th that the Company closed a $1.7 million follow-on private financing on May 3, 2007. Edwin Reilly, Chief Executive Officer of Andover Medical, Inc. said, “This additional round of financing of $1.7 Million was made available to investors after closing our recently announced $5.6 Million equity financing in March of this year. We have demonstrated a continued ability to access the capital markets through strong investor demand for our newly issued securities. This indicates…