Bio-Solutions Corp. (BISU) shares climb on news of distribution negotiations
Posted on: May 5th, 2011Written by:
Bio-Solutions Corp. (Pink Sheets: BISU) saw its stock travel 11.1% higher to five cents, shortly before Thursday’s close, on word negotiations had begun on a distribution agreement with a Brazilian company for its feed products. Volume for the stock was 80,500, towering over a typical daily average of 14,383.
Dr. Gilles Chaumillon, CEO of the Montreal-based company, was cautious when talking to the media. “At this time,” he said, “negotiations are at the infancy stage, therefore, not much detail is available. As Brazil is in one of the largest producers of poultry in the world, representing over 12% of the world chicken market, this potential agreement will represent a major step for Bio-Solution in the feed market.”
Bio-Solutions’ flagship product, NutraAnimal(TM), is an active organic dietary supplement which improves the livestock’s anti-oxidant defence system and decreases oxidative stress, allowing for more sustainable growth (Bio-Solutions Corp. specifically focuses on chicken feed distributors).
Bio-Solutions Corp. is a biotechnology company specializing in veterinary care and organic dietary supplements for livestock. Bio-Solutions Corp. prime objective is to improve the yield in the chain of livestock production based on added value natural products.
