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CTUM.OB---Up on high vol. from bottom-insider buying

Started by gmarc66, October 04, 2005, 09:48:45 PM

Previous topic - Next topic

kslifka

Gpattern setting up. ;D

gmarc66

More insider buying at .625 cents
http://www.secform4.com/insider/showhistory.php?cik=ctum


And news just released.

Wednesday, August 23 2006 2:39 PM, EST

CSMG Technologies Announces Successful Liver and Spleen Surgery Using Tissue Welding Technology


CORPUS CHRISTI, Texas--(BUSINESS WIRE)--Aug. 23, 2006-- CSMG Technologies, Inc. (OTCBB:CTUM) announced today 7 cases of ruptured spleen and 8 cases of ruptured liver were repaired during the 1st half of 2005 using tissue welding to seal the liver and spleen tissues without the use of sutures, staples, glues or sealant on the ruptured organ.

Donald S. Robbins, President and CEO of CSMG, said, "The Clinical Hospital N17 in Kiev, Ukraine, trauma treatment center performed the procedures on accident and other trauma victims. The liver and spleen are two of the most difficult organs to treat for rupture. The tissue welding technology group showed shorter surgery time, shorter hospital stays, faster recovery time and almost no blood loss once the organs were sealed."

Prof. A. Makarov, holder of pulmonology chair at the Kiev Medical Academy for Postgraduate Studies said "In the 7 spleen rupture cases the vessels of parenchyma were "welded off" (sealed by welding), which allowed us to save the patient's spleen and avoid a spleenectomy. In the 8 cases of liver ruptures we also achieved hemostasis. In both types of procedures we repaired the organ without use of sutures, staples, glues or sealant."

CSMG owns the technology and exclusive world rights to the medical device for this procedure through Live Tissue Connect, Inc., a subsidiary corporation formed for the development and exploitation of the platform technology.

The tissue welding/bonding technology for repair and reconnection of tissue and hollow organs is smokeless, with little heat migration in the tissue. It results in no necrosis and is without the use of foreign matter or conventional wound-closing devices, such as staples, sutures, glues or sealant. The procedures are almost bloodless. Unlike other tissue coagulation methods that tend to destroy tissue by charring, searing and necrosis, the CSMG-patented technology bonds and reconnects incised tissue using a patented low-heat delivery method aimed at restoring the normal functions of the live organs and tissue. The technology leaves little or no scar visible to the naked eye.

About CSMG Technologies' Tissue Welding/Bonding Technology

Surgeons at 10 Ukraine hospitals and clinics are using the tissue welding/bonding technology in clinical trials, have completed more than 6,000 human surgeries using more than 70 types of open and laparoscopic surgical procedures and demonstrated that the technology is universal in its ability to repair soft biological tissue. These surgeries included lung, neuro-surgery, nasal septum, intestine, stomach, skin, gall bladder, liver, spleen, blood vessels, nerves, alba linea, uterus, bladder, gynecology, fallopian tube, ovary and testicles, and dura-matter. Cosmetic surgeries conducted with this technology include breast reduction, breast implants, mastopexy and abdominal plasty. The procedure involves little or no scarring, while restoring the normal function of the body organ or tissue.

The technology was invented and developed at the internationally renowned E.O. Paton Institute of Electric Welding, National Academy of Sciences of Ukraine at Kiev, Ukraine, headed by Professor B.E. Paton. United States and Australia patents have been issued with other U.S. and foreign patents pending.


kslifka

With volume CTUM should move.  Looks like a cup and handle set-up ;D

wrangler

CTUM : CSMG Technologies, Inc.
A stock to put on your watch list

Press Release Source: CSMG Technologies, Inc.

CSMG Technologies Announces Live Tissue Connect Progress
Tuesday October 30, 11:45 am ET

CORPUS CHRISTI, Texas--(BUSINESS WIRE)--CSMG Technologies, Inc. (OTCBB: CTUM - News) President and CEO Donald S. Robbins today issued an update on the most recent developments with subsidiary Live Tissue Connect (LTC).

"We are extremely pleased to issue this update and report on several important milestones we have achieved over the last few months regarding the surgical human tissue welding technology, being developed by our Live Tissue Connect subsidiary," stated Mr. Robbins.

"Our LTC subsidiary has continued to make great progress over the past three months. The company has supplied the FDA with information required to support our recently filed 510k, our products have passed critical tests and we continue to advance our sales, marketing options. Presently we are evaluating multiple distribution options both in the U.S. and internationally," continued Mr. Robbins.

LTC's Frank D'Amelio said, "The LTC VAD.400 generator has just passed all applicable IEC601 standards and can soon be CE marked by TUV. We are commencing along a similar path with our disposable instruments. The group is presently gearing up to start our first production build of both the LTC generator and the two LTC disposable instruments during the first quarter of 2008. We are also making important progress with respect to tissue-material science research and clinical veterinary product evaluation options."

Mr. D'Amelio added, "I have been quite pleased with the caliber of expertise we are attracting for all aspects of the company and its pending product launch."

LTC's strategy to maximize revenues was to form six wholly-owned LTC medical procedure-specific subsidiaries, announced in May, is proving opportune and timely. In essence, management is certain that by creating these separate subsidiaries, it will maximize LTC's ability to enter into more lucrative and focused marketing agreements, partnerships, joint ventures, or other types of arrangements.

wrangler

wrangler

 Was looking at CTUM over a period one one year on a daily basis and each time it tried to break thru major resistance if 1.10 it would pull back to between .65 and .70 then trade sideways for a while between .65 and .75 before next run up to attempt 1.10 resistance again.
Fridays trading was H @.89--L @.79 and ended @.82. Could be getting ready for a good entry again @ .70 and wait for the next run.
I don't have a position. If you decide to play this stock do it based upon your own DD

wrangler

wrangler

This stock has hit support @.75 and bounced back up ,,it might be getting ready to test 1.00 resistance. Remember to always use stop losses and usually right below the support is where an ideal place is and depending on your risk tolerance is where it will be.
Again this is JMO
If you decide to play this stock do it based upon your own DD
Goodluck
wrangler