It's been a few days now since AwesomePennyStocks (APS) announced Pristine Solutions, Inc (OTC: PRTN) as their new big pick. After the disaster that was VLNX many investors swore they would never trade an APS pick again however this is has done little to flow the tide of APS mania and continue to drive huge buy volume into the stock.
Last night proved to be more then interesting as the company announced that Eaton Scientific Systems, Ltd., a wholly owned subsidiary of Pristine Solutions, Inc. is pleased to announce select details of its planned multi-phase multi-location clinic trials for FDA approval of its novel drug indication Tropine 3, containing currently FDA approved Homatropine, in oral an suspension.
Michael Borkowski, CEO and President of Eaton Scientific stated "We are currently finalizing preparations for what we believe will be the landmark clinical studies of our novel drug indication Tropine 3 for treatment and relief of the symptoms of hot flashes in menopausal women - one of the top concerns of women's healthcare today,"
At the same time as this rather significant news which is reminiscent of the Sun Peaks Ventures, Inc (OTC: SNPK) promotion unconfirmed rumors surfaced on the internet that there was DTC chill in effect.
These rumors were amplified by traders this morning who complained that many brokers were requiring people to call in to place trades on the ticker symbol; PRTN
While there was certainly some panic selling this morning demand for PRTN stock continues to be optimum and speculation that this stock will mirror the spectacular runs of the APS picks of old such as NSRS, PUNK or GWBU abounds!
I will continue to update on PRTN so Make sure you are subscribed to OTCMagic so you get the inside scoop!
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.