Thursday, September 25, 2014

Top 10 Food Companies To Watch For 2015

Top 10 Food Companies To Watch For 2015: Star Scientific Inc (STSI)

Star Scientific, Inc. (Star Scientific), incorporated on June 24, 1985, is engaged in the manufacturing and production of dietary supplements. The Company's operating subsidiaries manufacture, distribute and sell consumer products and dietary supplements. Its segment includes dietary supplements. Through its Rock Creek Pharmaceuticals, Inc. (Rock Creek) subsidiary, the Company is engaged in the manufacture, sale, marketing and development of non-nicotine nutraceutical, dietary supplements: Anatabloc, for anti-inflammatory support; the manufacture, sale and marketing of a cosmetic facial cream, and the development of other nutraceuticals, dietary supplements and pharmaceutical products. On December 14, 2012, the Company voted to discontinue the manufacturing, distribution and sale of its dissolvable smokeless tobacco products, Ariva and Stonewall Hard Snuff, as of December 31, 2012. With this change it will no longer be manufacturing or selling any tobacco products.

Rock Creek Pharmaceuticals has been engaged in the development of other dietary supplements and pharmaceutical products, particularly products that have a botanical- based component and that are designed to provide nutritional support in a range of neurological conditions, including Alzheimer's disease, Parkinson's disease, schizophrenia, depression, and Hashimoto's thyroiditis. Rock Creek Pharmaceuticals also has been involved in the development of a cosmetic line of products that utilizes its anatabine compound to improve the appearance of the skin. On September 10, 2012, the Company introduced Anatabloc Facial Creme into the market. As of November 9, 2012, Anatabloc was being sold through its interactive Website, a customer service center and on a consignment basis through GNC, which is a retailer of dietary supplements. The Company uses its anatabine ! citrate compound in its dietary supplements Anatabloc and Anatabloc Unflavored and its anatabine-based cosme tic product, Anatabloc Facial Creme.

Advisors' Opinion:
  • [By Jake L'Ecuyer]

    Consumer goods stocks were underperformers in Tuesday's trading, up on the day by just 0.5% compared to S&P's 1.03 percent gain. Among the consumer goods stocks, shares of Star Scientific (NASDAQ: STSI) were down by more than 1 percent.

  • [By Lisa Levin]

    Star Scientific (NASDAQ: STSI) shares reached a new 52-week low of $1.02 after the company received a warning letter from the FDA regarding consumer products.

  • [By Bryan Murphy]

    To say that Star Scientific, Inc. (NASDAQ:STSI) has become one of the market's most contentious stocks lately would be an understatement. Less than two days after shares finally broke above a key line in the sand at $2.11, a fairly scathing piece was posted that (and probably solely intended to do so) knocked STSI back under that key level, deflating any of the newly-developed bullishness surrounding the nutritional supplement company.

  • source from Top Stocks For 2015:http://www.topstocksblog.com/top-10-food-companies-to-watch-for-2015.html

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