March 05, 2013 at 14:00 PM EST
Oversold Stocks (PSID, HL, CBB, SDR)
New York, NY -- (SBWIRE) -- 03/05/2013 -- PositiveID Corporation (OTC:PSID) shares fell 4.04% and closed at $0.0190. The company, on Feb. 20, announced it has entered into an agreement to license its iglucose™ technology to Smart Glucose Meter Corp. ("SGMC") for up to $2 million based on potential future revenues of glucose test strips sold by SGMC. These revenues will range between $0.0025 and $0.005 per strip. A person with diabetes who tests three times per day will use over 1,000 strips per year.
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