LONDON (AFX) - Provexis PLC said it has entered into a long-term collaboration agreement with Unilever PLC to jointly develop a new concentrated format of its patented Fruitflow heart-health technology for application in Unilever's food product portfolio.

Financial details of the deal were not disclosed.

The partners plan to enter into a global licence arrangement for the technology.

Fruitflow is a patented natural extract from tomato which Provexis said has been shown in human trials to reduce the propensity for aberrant blood clotting that is typically associated with cardiovascular disease and which can lead to heart attack or stroke.

In 2005 the market for heart benefit foods was worth 4 bln usd globally, Provexis added.

Considering the growth potential this share has a target of about 8-10p in the medium tern and is a good buy at current levels

As usual, pls do ur own research.

There you go... sub 10p....

Gr8t time to buy in and double yer money in a very short time imo excuse the pun

only a good idea for the criminally insane

apart from a severe case of "lemming greed", there is nothing whatsoever that has not already been announced that warrants PXS's value increasing 5-fold in the last month or two - and that's at 10p

a much more likely outcome is that following the AGM or whatever, there will be a collapse of sp to say +/-7p (or less) as everyone piles out on the news

The stock has support at pence 1.06p, the only place it slowed on the way up was as cynic said around the 6-7p range. looks like its heading down in the short term

it's interesting to discover that PXS cannot be shorted - i.e. there are no lenders of stock to act as counterbalance - so that should give you about as good an indication as there is that the funeral pyres will be lit in the near future

LOCK IN YOUR PROFITS BEFORE YOU GET BURNT ALIVE!

or if you are already nursing a (big) loss, then bite the bullet before you get machine-gunned

'funeral pyres' 'burnt alive' 'bite the bullet' 'machine-gunned'.

You're feeling positive today then cynic?

indeed i am ...... on PXS, on which i have already banked a very handsome profit at 14.25, i am very positive that only the loonies should stay in

me thinks there are probably a lot about ..

put another way; had it been possible to short this stock, then i would have done so this morning

EK managed to short ealier this week, today he says this marketer of tomato juice is worth 2.5p!

I consider myself lucky to have made any profit at all....looks like another Stanelco...

By the way Cynic, had a nice holiday ?...

checked via IG this morning, so clearly no more lenders of stock - assuming EK did indeed do as he says!

do you still hold halifax, or has your yorkshire common sense dictated otherwise?

===========

RF - yes thanks, and despite a considerable intake of good and rich food and wine, none the fatter for it!

hope you all enjoyed the log and pix, even if Toya censored same.
actually she has just asked me an update for today and yesterday.

obviously nothing today, as am back in harness (that'll get your imaginations working overtime!), but we fairly whizzed back from Chalon to Calais where we had an exceedingly good lunch at Le Channel.

terrible name, but really good food, interesting and extensive wine list, and loos that should be on everyone's "must experience" list

EK has massive credit....

cynic long gone, but great profit!

This company has a proven product which is going to transform them. Whats happened in the last few days is people who jumped on the band wagon when this was rising have now jumped off. People such as your good selves. The sp did get ahead of its self, because of said people, But for me is only where i originally expected it to be before news. Iam still here for the long term and firmally believe this is going to fly on news from ec and deals with dsm coke etc etc. I look forward to you jumping on the wagon again very soon. You know you will!!

shares are for trading - aka making a profit.
it is conceivable that these shares have further to travel (upwards!), but unless the company still has something truly stupendous to reveal in the next few days, the odds must be strongly against it in the immediate future.
it follows that southbound is by the most likely outcome.

if you considered this dispassionately, you will have seen that you could fairly easily have sold at 16 and very easily at 15 or a little below ...... so with the shares now at 10, you have already lost at least 1/3 of your "available profit", seemingly just through emotional attachment.

with some common sense, you would/should have banked at least some of your profit and then been in a position to buy lower, if the spirit so moved you ..... in the (unlikely) event that sp continued north, you would still have had a lower priced base from you could build - again if the spirit so moved you

i have looked again, and notwithstanding that there are some important and substantial Fruitflow licences imminent, their realisation is surely already anticipated in the share price.

it is also apparent that Barclays Stockbrokers have been the major buyer in recent weeks, with "their" holding increasing for 5% to 8% ..... whether or not this is as a nominee is unclear.

i suppose there is a vague possibility that DSM who already own 27/28% will buy out the balance, but that is lousy logic for buying.

nevertheless, my previous post still holds, though i would consider buying again at +/-7p where chart support could/should come in

Cynic, I agree with what your saying, yes in hind sight i could have sold some and taken a profit, and a very nice one too. And that some shares are for trading , and yes hopefuly making a profit. But this is one of my long term shares so dont worry to much about daily fluctuations, even though they have been large ones re this share, But i think that is always going to be the case along with 99% of all other Aim shares. I have my shares ie some of the banks, tan and others that i trade on small daily moments, So hope that i have a balance. Also with this share as my average is 1.3p. If they didnt get all of the deals and the share fell back to say 5p ,I can still walk away with a nice 400% profit, and if we made 400% on all our shares, we would be very rich people indeed. That might even bring a smile to your face. Anyway good luck with your trading which ever way.

i accept your logic too and also that i rarely hold CFD stocks for more than a few months, so there is a slightly different mental approach ...... however, it is certainly true that shares should not be locked in a drawer and forgotten about ...... it is equally true that one's holding in spivvy/diddy companies (PXS is one such!) should be a very small % of one's portfolio ...... for myself, that why is i am seriously considering lightening my load in CFM as, thanks to the sp gain, it is now (very) o'weight