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VANCOUVER, BRITISH COLUMBIA–(Marketwire – May 4, 2011) – To properly reflect the company’s business focus, Newcastle Resources Ltd. is now doing business under the name RepliCel Life Sciences (the “Company” or “RepliCel”) (OTCQB:NCSLF). RepliCel is developing a cell-based procedure for the treatment of androgenetic alopecia, also known as pattern baldness and general hair loss in men and women. The company intends to formally change its legal name in due course.
RepliCel is pleased to announce the launch of its new corporate website located at www.replicel.com. The new website provides visitors with a comprehensive source of information on the company’s hair replacement technology and first-in-human clinical trial. On the home page, you can view a 3-D video animation explaining the mechanics and science behind the Replicel™ procedure. Stakeholders can also learn about the history of the company and its medical and scientific team. We encourage viewers to fill out the information request form to stay up-to-date on all corporate initiatives.
Penny Stocks are stocks traded for under $2 and they represent the small cap companies. They trade on the OTCBB so you will not find them on the major stock exchanges. They are very cheap stocks and normally come for businesses needing capital. They are a very risky investment as the business can go under and leave you with a stock worth nothing. However that being said penny stock trading can be a great money maker, and there are numerous traders who make 6 figures and more from them each year.
The best reasons to trade in penny stocks are the fact that they do not require a large initial investment, meaning that they are an affordable investment for many. Penny stocks are cheap. For example if you were to buy 1000 shares in a company with shares at 10 cents, you would only require an investment of $100, whereas if the shares cost $5 you would require an investment of $5000. Penny stocks also have the potential of huge gains, and have been known to rise as much as 1000% daily. Therefore your $100 investment can be worth $1000. This is very unlikely to happen to other stocks from large cap businesses.