PGCN.OB - is no longer valid. It has changed to SZSN.OB

[setravis]

This is looking real nice....

[setravis]

General Description of Business

We were incorporated under the laws of the State of North Carolina on July 26, 1996. On August 11, 2004, we acquired Heilongjiang Pingchuan Yi Liao Qi Xie You Xian Gong Si ("Heilongjiang Pingchuan"), a corporation organized under the laws of the People's Republic of China on December 7, 2001.

Before the acquisition, Heilongjiang Pingchuan's operations focused on sales of medical equipment, such as infusion apparatus and respirator equipment. Substantially all of Heilongjiang Pingchuan's revenues in 2003 derived from medical equipment sales. During 2004, however, Heilongjiang Pingchuan terminated its medical equipment operations. Instead we began to focus on deriving revenue from the medical industry by providing integrated operational management services for a Chinese medical company, Harbin Pingchuan Yao Ye Gu Fen You Xian Gong Si ("Gu Fen"). Gu Fen is an
integrated pharmaceutical company whose main products are antibiotics, chemical medicine capsules, traditional Chinese medicines, medical instruments, health care food, and other related products. The Chairman of Heilongjiang Pingchuan, Mr. Hu Zhanwu, also owns more than 50% of the common stock of Gu Fen.

In October 2004, we entered into a letter of intent with Gu Fen, pursuant to which Gu Fen agreed to retain our integrated operational management services and pay us a professional services fee of $48,000 per year, plus 15% of its sales revenue as a commission. Based on that agreement, we provide Gu Fen with various services, such as formula control, supplier selection, quality assurance, package design services, cost analysis, product packaging and tracking, just-in-time and point-of-use delivery, billing services and post-sales support. Through our management and related services, we are also helping Gu Fen to develop a nation-wide sales network for most of their products. We are seeking opportunities to build strategic partnerships with national chain drugstores so that Gu Fen can distribute their products via an improved national sales network. We believe our services distinguish us from traditional pharmaceutical manufacturers in China, who lack a developed sales network. We also believe our status as a reporting public entity could give us a competitive advantage over privately held entities having a similar business objective in seeking strategic partnerships. Our developed, customized information systems provide Gu Fen with efficiency and flexibility through our operational management services. This enables Gu Fen to: (1) significantly reduce the direct and indirect costs of production by outsourcing internal purchasing, quality assurance and inventory fulfillment responsibilities;
(2) reduce the amount of working capital invested in inventory and floor space; (3) reduce production costs through purchasing efficiencies; and
(4) receive expertise in production and package design and marketing.

We are also seeking opportunities to diversify our business in consultancy. In May 2005, we signed a market research agreement with Moscow Sing Sing Co. Ltd., a Russian corporation ("Sing Sing"). Sing Sing produces desktop computers and related supplies, and is also engaged in network building, software development and international commerce consultation. Pursuant to our agreement, Sing Sing authorized us to conduct market research for business projects in China (excluding Hong Kong, Macao and Taiwan). We agreed to perform commercial market research and deliver business plans for Sing Sing. The co-operation with Sing Sing will bring in estimated revenue of $200,000 over the next year.

[qma]

Huge volume today.

[setravis]

MACD now above center.
Picked up support at the 50-dma and took a very nice bounce up near the end of December.

Technicals
MACD is Bullish
Stochastic is neutral
Record Volume.......<Friday's action
Percentage Gainer
Above the 13/50 dma....13-dma has crossed over the 50-dma, near the 200-dma

Support @ 0.84...0.43...0.19
Resistance @ $1.17...1.44...2.40

[eliteG]

PGCN looks great Set.  This came up on my scanning over the weekend  .  May look to get in this week.  I see g-pattern potential here and you gotta love the volume.

[setravis]

Moving back up after it's little pullback yesterday.
+23.46%.....Volume at .........371,909

[setravis]

Hanging tough.....

Volume: 464,692
Avg Vol (3m): 172,967

Support @ 0.83...0.44
Resistance @ $1.17...1.44...2.35

Technicals
MACD is Bullish
Stochastic is Bearish
Percentage Gainer

Today a Long White Candlestick was formed. This shows that the prices advanced significantly from open to close during the day under strong buying pressure.

[qma]

PGCN is on fire!

[setravis]

PGCN is on fire!

Real nice qma......
Looks very encouraging !! Chart improvement, note the recent volume.....
Above the 50 and 200-dma, and 13-dma has crossed over the 50-dma.

Recent CandleStick Analysis:
Today a Long White Candlestick was formed. This shows that the prices advanced significantly from open to close during the day under strong buying pressure.

Volume: 999,169
Avg Volume (3m): 196,189

Support @ $1.20...1.09...0.85
Resistance @ $2.65

MACD is Bullish
Stochastic is Bearish

[setravis]

PGCN looks great Set.  This came up on my scanning over the weekend  .  May look to get in this week.  I see g-pattern potential here and you gotta love the volume.

Thanks G-Man ....Forgot to acknowledge you. Excuse my impolite ways...
Took another step up..   love that pattern.
Recent CandleStick Analysis:
Today a Long White Candlestick was formed. This shows that the prices advanced significantly from open to close during the day under strong buying pressure.

Volume: 836,796
Avg Volume (3m): 209,197

Support @ $1.20...0.94...0.83
Resistance @ $2.65

MACD is Bullish
Stochastic is Bullish

[setravis]

This looks to have taken a bounce off the dip to the 200-dma.

[gmarc66]

PGCN doing well off bottom, inching up. Crossed 50ma.

[setravis]

Changed Ticker Symbol
'PGCN.OB' is no longer valid. It has changed to SZSN.OB