Stockupday On Mannkind, Symantec And Evcarco- Pennytobuck.com (evca, Mnkd, Symc)

EVCARCO, Inc

EVCARCO, Inc. (EVCA.OB) is the first automotive retail group dedicated to deploying a coast-to-coast network of eco-friendly dealerships and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric and alternative fuel vehicles. EVCARCO has developed a dealer network allowing growth into most US States by 2012.

EVCA.ob the board of directors has approved the expansion of EVCARCO operations into South America. The company has appointed Bogota, Colombia as its base of operations for the Texas Corporation.

Scott ONEAL, COO, stated, After visiting South America, and meeting in Colombia with government officials I was impressed at the willingness and Desire to create alternative energy fleets in several branches of government. It is the perfect time for EVCARCO to expand into these countries, noting that in some countries gas prices are nearly double U.S. regulated prices, making alternative fuel options financially viable even in developing nations.

Symantec Corporation (NASDAQ:SYMC) reported the successful compatibility testing between Symantec Health, a cloud-based medical image archiving solution, and Siemens Healthcare's picture archiving and communication system (PACS) solutions. The Siemens SYNGO Connectivity Competence Center (CCC), in collaboration with Symantec, conducted connectivity tests between Symantec Health and several Siemens imaging IT applications: syngo.plaza and syngo Imaging for Radiology, and syngo Dynamics for Cardiology.

Symantec is the first DICOM archive (a standard for handling, storing, printing and transmitting information in medical imaging) to complete validation testing with Siemens' new syngo.plaza agile PACS solution where 2D, 3D and 4D reading come together in one place.

Symantec Health helps lower storage costs by enabling healthcare providers to pay only for the storage capacity they use. Symantec Health customers receive disaster recovery and business continuity capabilities through Symantec's geographically distributed, highly available data centers. Symantec Health supports a healthcare organization's existing workflow and serves as a complement to a provider's existing PACS infrastructure, such as Siemens PACS solutions.

MannKind Corporation (Nasdaq:MNKD) announced the pricing of its previously announced offering of $100 million aggregate principal amount of Senior Convertible Notes due 2015 (the Notes). The Notes will be offered and sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act), by the financial institutions that are the initial purchasers of the notes.

MNKD has also granted the initial purchasers of the Notes an option, exercisable up to 13 days after the closing of the offering, to purchase up to an additional $10 million aggregate principal amount of the Notes solely to cover overallotments, if any. MNKD expects to use the net proceeds of the offering to fund the costs of its clinical trials programs and other research and development activities, to expand its manufacturing operations, both on-going and planned, and for general corporate purposes, including working capital. The closing of the Note offering is expected to take place on August 24, 2010.

The Notes are convertible, at the option of the holder, at any time on or prior to the close of business on the business day immediately preceding the stated maturity date, into shares of MNKD common stock at a conversion rate of 147.0859 shares per $1,000 principal amount of Notes, which is equal to an approximate conversion price of $6.80 per share. The conversion rate is subject to adjustment upon the occurrence of certain events, including a conversion of the Notes in connection with a fundamental change.

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by: Bill Pennyman

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