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Cyclacel Pharmaceuticals, Inc.(NASDAQ: CYCC) is currently trading at 1.85, up .23 or 14.20%. With a volume of 662,000 shares, the company released its interim phase 2 data in Myelodysplastic syndrome (MDS) on Monday, June 7^th. There are currently no effective therapies for MDS after treatment failures of hypomethylating agents, and Cyclacel’s sapacitabine capsules try to fix this. Sapacitabine has demonstrated promising activity in this difficult to treat population which warrants further clinical development in MDS.

 

Empire Resorts, Inc. (NASDAQ: NYNY) is currently trading at 1.89, up .14 or 8%. On Tuesday, June 1^st, the company appointed Emanuel R. Pearlman to its Board of Directors. Mr. Pearlman is the founder and CEO of Liberation Investment Group, and is very knowledgeable about casino capital formation and finance.

 

Jamba, Inc. (NASDAQ: JMBA) is trading at 2.54, up .20 or 8.55%. On Monday, it agreed to work with a franchiser to open 200 Jamba Juice locations in the next 10 years in South Korea. In addition, Jamba Juice expects to add up to 50 new domestic franchise locations in 2010. There are currently 287 franchise stores and 458 company-owned stores. 

 

NanoCap Index

Cardica, Inc.(NASDAQ: CRDC) is currently trading at 1.66, up .0539 or 3.35%. The company’s president and CEO, Bernard A. Hausen, M.D., Ph.D., presented at the 9^th Annual Needham Healthcare Conference on Wednesday, June 9^th. It is trading at a volume of 4,505 shares, with a 52 week high of $3.19.

 

Adams Golf, Inc (NASDAQ: ADGF) is trading at 4.16, up .0972 or 2.39%. The company hasn’t released any press since June 1^st, when it filed their SEC form 8-K Submission of Matters to a Vote of Security Holders. It is trading at a volume of 600 shares, with a 52 week high of $4.38.

 

Disclosure: no positions