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The Market's Summer Love Affair With Spherix (SPEX), Analysis at Small Cap Network

Spherix Inc. (SPEX) and Naturlose can draw a crowd, but can they keep one?

Published: Wednesday, July 1, 2009 @ 4:47 PM PDT

San Diego, CA 7/01/2009 

Medical research company Spherix Inc. (SPEX) watched its shares rally to a high of $2.67 after recently announcing encouraging news regarding its diabetes product Naturlose. Since then, however, investors have lost interest as shares have fallen back to the current price around $1.38. Is the company's diabetes treatment less than hoped despite the initial gains observed from the stock? A brief company and trading analysis has been posted at the Small Cap network website.

Investors and small cap enthusiasts who want to review the commentary as well as receive exclusive stocks picks and market analysis can subscribe to the site's newsletter by visiting: http://access.smallcapnetwork.com/t/


Spherix Inc. (SPEX) recently published positive results for a Phase II study of the diabetes drug Naturlose(r) (D-tagatose), which was largely the cause for the temporary surge in share price. The same drug is involved in a separate diabetes treatment study currently in Phase III. Naturlose is the registered brand name for tagatose, a natural sugar that's often used as a low-calorie and full-bulk sweetener. Spherix also offers consulting services to biotechnology and pharmaceutical companies to meet a variety of needs, including safety analysis of food ingredients, and safety analysis of pharmaceutical equipment. SPEX's market cap is just under $20 million.

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Forward-Looking Statement:
This press release may include or imply "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

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http://community.smallcapnetwork.com/Todays-Penny-Stock-Hot-Spots-VICL-TSTR-SPEX-IGNT/s/article/view/p/mid/2/id/40/

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