UPDATE: Star Scientific (CIGX) Spikes Higher as Co. Receives Patent for Tobacco Curing Method
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(Updated - April 11, 2012 3:48 PM EDT)
Star Scientific (Nasdaq: CIGX) shares are ripping higher on strong volume. Shares are up 13 percent or so on the session.
According to a filing from the USPTO, the company has received a patent (application #12/342,192) for a curing method which dries a harvested tobacco plant in a controlled environment for a time sufficient to substantially prevent the formation of at least one nitrosamine.
Click here to see the USPTO release.
Star Scientific (Nasdaq: CIGX) shares are ripping higher on strong volume. Shares are up 13 percent or so on the session.
According to a filing from the USPTO, the company has received a patent (application #12/342,192) for a curing method which dries a harvested tobacco plant in a controlled environment for a time sufficient to substantially prevent the formation of at least one nitrosamine.
Click here to see the USPTO release.
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