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BANY.OB

Started by kidneydr, November 27, 2006, 10:53:38 AM

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kidneydr

Moving again

gmarc66

This stock has been rocking it again today. Nice chart.

I had missed the first gspot..even though i was watching it..sheesh..so many slaps...anyway...wondering if it will be moving towards the next one...at .01 and possibly beyond.

glta

julia

im also sick, cause i tried to get PGNF at both the breaks of .025 and .04..but nope, my pos brokers never let me get any ..makes me sick. I actually started get interested when i saw it at .015..thing it .065..dang.

422fwhp

Applaud...even though I missed it :(

Good job KD

kidneydr

Thanks....although i am not quite sure why its moving...maybe some news tomorrow

GLTA :)

kslifka

I picked some of at .0041 after it showed up on my screener's most active trades.  I like the todays move and I believe it should pass that .0075 tomorrow. ;D

fous

still holding this KS? Nice hammer candle near the midpoint support.
trade it like you mean it!

kslifka

Sold it at .0087 last week.   ;D

We'll keep an eye on it. ;)

gmarc66

News out this am.

They also issued an s-8 yesterday and an 8-k.


Tuesday, December 05 2006 8:00 AM, EST

Banyan Expands Distribution of New Electro Diagnostic Testing Device


Business Wire    "US Press Releases "

LOS ANGELES--(BUSINESS WIRE)--

Banyan Corporation (OTCBB:BANY), franchisors of nationally branded Chiropractic USA clinics, and owner of Premier Medical Group and Virtual Medical Systems, Inc. (VMS), announced it has entered a new distribution agreement with GP Diagnostics of Lexington, South Carolina, valued to add revenues of $3.5 million from sales of its innovative VT3000 electro - diagnostic testing device.

Kevin Gobbi, CEO of GP Diagnostics, said: "I'm very excited about selling VMS's new VT3000. It is a revolutionary electro-diagnostic device, particularly appealing to health care practitioners due to its ease of operation, convenience and the live viewing component. We are currently ramping up to commence sales, and I believe we will be able to conservatively sell 150 of these units in 2007."

Banyan CEO Michael Gelmon added: "We are very pleased to announce this agreement with GP Diagnostics. VMS and GP Diagnostics project earnings of $24,000 per year per machine. Thus, on an annualized basis, we expect to add an excess of $3.5 million in revenue as a first year sales effort."

About Banyan Corporation:

Banyan Corporation is a publicly traded holding company focused on investing in and building a network of operating subsidiaries engaged in various innovative businesses. Currently the company's subsidiary, Chiropractic USA, Inc. is focusing on the development of branded Chiropractic clinics throughout North America by way of franchising and the use of uniform operating systems and practices. The company's other subsidiaries, Premier Medical Group LLC, and Virtual Medical Systems, Inc., provide diagnostic testing services to physicians nationwide in addition to marketing the VT3000 Electro-diagnostic testing machine.


kslifka

BANY looking good.  If it holds above .0075...watch out. :o

Would like to buy...but no cash ::)

gmarc66

yup, this chart looking mighty pretty :)  will BANY be able to cross that elusive g-spot...wait and see as the saga continues.

glta

julia

gmarc66

Still Pretty. :)

kslifka

I will try to get some BANY at support area around .005ish if it bounces of that level.

kslifka

Bought a little BANY at .0051.  Usually not my way to buy a penny....but what the heck. ;D

Won't give BANY much room.

422fwhp

Nice trade...either way, well done.

On my watch!

gmarc66

Kslifka...yes, nice call and buy :)


julia