Revolutions Medical (OTC:RMCP) Spikes +25% after Fresh News
Shares of Revolutions Medical Corp
Shares of Revolutions Medical Corp. (OTC:RMCP) today spiked up 25 percent to $0.48 per share on volume of more than 277,000 shares. Pretty good considering the small $18 million market cap. company only averages about 34,000 shares traded per day. They do have fresh news today to go along with whatever promotion campaign they have in the works.
In a press release, Revolutions Medical notified the MDEA (www.MDEAwards.com) that there had been an error in awarding the Free Vac syringe the 2010 Medical Design Excellence Award when in fact Free Vac misrepresented ownership of the syringe. The syringe was actually Revolutions Medical Corporation's RevVac auto retractable safety syringe. This was recently confirmed in a deposition. Ron Wheet, CEO of Revolutions Medical Corporation, states, "The Medical Design Excellence Awards competition, organized and presented by Canon Communications LLC, is the only awards program that exclusively recognizes contributions and advances in the design of medical products. Now in their fourteenth year, the MDEA competition recognizes manufacturers, engineers, scientists designers, and clinicians who are responsible for the leading edge technology that continues to push healthcare to new heights. I am confident that this prestigious organization that prides itself in recognizing the achievements of the workers and companies like ours, will give Revolutions Medical Corporation and the RevVac vacuum operated auto retractable safety syringe the proper recognition that it deserves."
RevVac is Revolutions Medical Corporation's patented and FDA cleared safety syringe that incorporates its proprietary vacuum-operated automatic retractable technology. Designed with healthcare providers in mind, the RevVac utilizes vacuum force to instantly retract the used needle into the barrel of the syringe after an injection is administered. This syringe is intended to replace conventional syringes currently on the market and to reduce the possibility of needle stick injuries. Accidental needle stick injuries endanger the lives of patients and medical professionals who may contract blood borne diseases such as HIV/AIDS, Hepatitis B and C. The features of the RevVac syringe simplify use and enhance the safety of the current injection process used by all healthcare providers worldwide.
For more information visit
http://www.worldmarketmedia.com/779/section.aspx/2301/post/revolutions-medical-otcrmcp-spikes-25-after-fresh-news
Revolutions Medical (OTC:RMCP) Spikes +25% after Fresh News
By: Ronald Russo
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