Hadasit Bio Holdings Ltd (CE) (HSITF) News

"The Company was established for the purpose of promoting and commercializing the intellectual property and R&D capabilities generated by Hadassah."

So, it is established to pump stuff it doesn't own, making it a publicly traded paid promoter. Interesting.

That seems odd to say the least. Trade other company's stock to raise money for their own company? First, how did they acquire the stock to begin with, and is there a balance sheet to view assets/holdings? And, where did they get the cash to purchase those shares, or what agreements were in place for a stock exchange?

Very strange indeed.

I found a contact number for the U.S. When get the time I'm going to use it. I have some very basic questions like why does 1 stock end with a "Y" and one with a "S".

Why is only one used in the PR's ? ect.

Do you have any thoughts about HSITF?

Shares Outstanding 87,523,450 a/o Jul 14, 2011

Hadasit Bio-Holdings (TASE: HDST, OTC: HADSY) a publicly traded portfolio of biotech companies, all based on intellectual property developed and owned by Hadassah University Hospital, Israel's foremost medical research center, today announced that the recruitment of 13 patients for the Enlivex Phase I/II clinical trial has been completed.

http://ih.advfn.com/p.php?pid=nmona&article=50851106&symbol=HADSY

Business Description Hadasit Bio-Holdings Ltd. ("HBL") was founded and floated on the Tel Aviv Stock Exchange (TASE : HDST ) in order to allow public participation in the highly promising field of biotechnology. It serves as a precedent in biotech financing - for the first time, public investment is allowed to participate in a holding entity including companies based on IP generated by Israel’s foremost medical research center – Hadassah University Hospital ("HU").

Not quite sure how this is going to work, but Hadasit will be using several US and foriegn stocks to raise money for research.

Well to post new finds on A PENNY FLIPPER

http://investorshub.advfn.com/boards/board.aspx?board_id=20062

Nice company.