In Ovations Holdings, Inc. (OTCPINK: INOH) saw its share volume skyrocket on June 10th with 350,783,198 shares exchanging hands, 97 times higher than its three month daily average volume of 3,594,632 shares.
In Ovations Holdings has concluded negotiations for licensing sophisticated sputum cytology technology for early and pre stage detection of lung cancer from Mel Ehrlich, Ph.D., who is also an officer and director of INOH. Dr. Ehrlich has invented, patented, perfected and marketed multiple biomedical and energy efficiency technologies.
Pursuant to the license, INOH obtained exclusive rights to market the sputum cytology and related technologies world-wide from Dr. Ehrlich.
Lung cancer detection is presently slow, labor-intensive, expensive and ineffective until the cancer has developed which is often too late. Dr. Ehrlich's scanning "microspectrophotometer" can detect cancer before it develops through analysis of the shape of pre-cancerous lung cells. It uses ultraviolet absorption of unstained cells which is cost effective, can be done in real time, and can have a higher confidence level of accuracy. This UV light beam produces a "raster" -- an area which is scanned from side to side in lines from top to bottom from two oscillating mirrors. Dr. Ehrlich and his team are presently increasing the accuracy and speed of the cytology scanner for commercial use.
In Ovations Holdings, Inc. is pursuing several potential business opportunities. Its subsidiary, Electro Verde, Inc., markets, in conjunction with Coordinated Systems International, the patented GradiLuxtm Total Lighting System Solution which can reduce electricity consumption and carbon emissions in municipal lighting systems worldwide. The Company is also engaged in a Caribbean-based marine-related eco-tourism business and ocean search and recovery operations using state-of-the-art technology. Finally, it is a minority owner of Atmospheric Water Solutions, a company involved in water purification.
INOH closed the day at $.0084, 265.22% higher than its previous close of $.0023.
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ZAAP Enters Strategic Alliance With Tianjin Battery Company
ZAP (OTCQB: ZAAP) saw its share volume soar on June 10th with 3,057,232 shares exchanging hands, over four times higher than its three month daily average volume of 686,423 shares.
This uptick in volume comes after ZAP, an Electric Vehicle (EV) automotive company incorporated in California and headquartered in Santa Rosa, California has entered into a strategic alliance with Tianjin Battery Company Ltd ("Lishen") www.lishen.com.cn, whereby Lishen will provide financing several thousand full vehicle EV conversion of US EV fleet vehicles using Lishen's latest technology in lithium Ion batteries and ZAP's proprietary patented Vehicle Control Unit (VCU). ZAP, over the last few years has been pursuing the EV fleet market in the US, and developed a custom designed power train for a US delivery fleet with the goal of becoming a supplier to their electric power train which will replace the gasoline ones currently being used. After undergoing multiple iterations, its latest version released for trial will undergo extreme weather conditions, using Lishen's battery pack with improved energy efficiency and reliability. ZAP will begin financing discussions with fleet operator pending successful completion of the trial that is likely to run through the winter season.
This strategic alliance with Lishen to finance EVs in the international market for large scale deployment is being explored in other markets where large volume EV fleets are being deployed by governments and institutions to reduce fossil fuel dependency, fuel costs and reduce pollution in the densely populated cities. ZAP plans to utilize this financing alliance to pursue other volume fleet opportunities in the Americas and S.E. Asia.
ZAAP closed the day at $.145, down 9.38% from its previous close of $.16.
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