Hunt Companies Finance Trust Inc
Change company Symbol lookup
Select an option...
HCFT Hunt Companies Finance Trust Inc
BHV BlackRock Virginia Municipal Bond Trust
JNJ Johnson & Johnson
TRQ Turquoise Hill Resources Ltd
STAA STAAR Surgical Co
PRPL Purple Innovation Inc
INTC Intel Corp
PSB PS Business Parks Inc
GWRE Guidewire Software Inc
UYM.TC ProShares Ultra Basic Materials ETF
Go

Financials : Mortgage Real Estate Investment Trusts (REITs) | Small Cap Value
Company profile

Hunt Companies Finance Trust, Inc., formerly Five Oaks Investment Corp., is a real estate specialty finance company. The Company is focused on investing in a portfolio of mortgage-backed securities (MBS), mortgage loans and other real estate related investments. It is engaged in various real estate businesses, including multifamily ownership, non-bank agency lending, loan servicing, property management, construction, development and military housing. It offers a suite of products, including floating-rate transitional loans, fixed rate commercial real estate loans, mezzanine and preferred financing. It also provides Fannie, Freddie and federal housing administration (FHA) loans for multifamily, student housing, seniors, healthcare and manufactured housing. The Company is externally managed by Hunt Investment Management, LLC.

Closing Price
$2.81
Day's Change
0.02 (0.72%)
Bid
--
Ask
--
B/A Size
--
Day's High
2.83
Day's Low
2.79
Volume
(Light)
Volume:
13,634

10-day average volume:
20,892
13,634

PAOG Target, CBD Pharma Development, In Puerto Rico Could Get Boost From COVID-19

11:09 am ET September 17, 2020 (Newsfile) Print

Sandusky, Ohio--(Newsfile Corp. - September 17, 2020) - PAO Group, Inc. (OTC Pink: PAOG) today highlighted recent increased interest in the resurgence of industry wide pharmaceutical research and manufacturing in Puerto Rico.

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/6729/64039_8000522c64a1baf9_001.jpg

Pharmaceutical Research



To view an enhanced version of this graphic, please visit:

https://orders.newsfilecorp.com/files/6729/64039_8000522c64a1baf9_001full.jpg

PAOG is currently in discussions in to engage a Contract Research Organization (CRO) in Puerto Rico to advance an Investigational New Drug Application (IND) to ultimately achieve Food and Drug Administration (FDA) approval for PAOG's RespRx as a COPD treatment.

The COPD treatment, RespRx, is derived from a patented cannabis extraction method - U.S. Patent No. 9,199,960 entitled "METHOD AND APPARATUS FOR PROCESSING HERBACEOUS PLANT MATERIALS INCLUDING THE CANNABIS PLANT."

In an initial scientific evaluation as a treatment for COPD, RespRx has demonstrated effecting significant increases in respiration rate, tidal volume and inspiratory air flow rate. Overall data from the evaluation demonstrated that RespRx can significantly improve inspiratory lung functions in instances of moderate pulmonary fibrosis.

Puerto Rico has a long, vital history in pharmaceutical research and manufacturing that is now the focus of a reboot trend PAOG aims to capitalize upon. Puerto Rico's pharmaceutical industry took a back seat for a time to an offshoring trend. The COVID-19 pandemic is adding new motivation to the existing initiative in Puerto Rico to ramp up pharmaceutical industry activity.

Packaging Industry Digest reported, "The current COVID-19 pandemic has exposed a serious national security issue with this type of offshoring. Our pharmaceuticals come largely from outside the US, mostly from China (see chart below) and India. Many that are still made in the US rely on imported Active Pharmaceutical Ingredients (APIs). Many inactive ingredients are imported as well. Excessive reliance on imports puts us at serious risk as a nation. Should we disagree on tariffs, politics, or anything else, these other countries have immense leverage to squeeze our healthcare system."

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/6729/64039_8000522c64a1baf9_002.jpg

US Relies on China for a High Percentage of Pharmaceuticals



To view an enhanced version of this graphic, please visit:

https://orders.newsfilecorp.com/files/6729/64039_8000522c64a1baf9_002full.jpg

Packaging Industry Digest described the current state of Puerto Rico's pharmaceutical industry reboot: "Puerto Rico still has a vibrant pharmaceutical industry. Many top global companies - Amgen, Eli Lilly, Bristol-Myers Squibb, Johnson & Johnson, Merck, Abbvie, Pfizer, Glaxo, and others - have major facilities here. Some have more than one plant. Companies - such as Boehringer-Ingleheim, Glaxo, Romark, and others - are setting up shop or returning to the Commonwealth. Others are expanding existing facilities."

Tomorrow, Friday, September 18, 2020, PAOG CEO James C. DiPrima will discuss in an interview with Donald Baillargeon of MoneyTV, PAOG's overall approach to engaging a Contract Research Organization (CRO) to advance an Investigational New Drug Application (IND) to ultimately achieve Food and Drug Administration (FDA) approval for PAOG's RespRx as a COPD treatment.

www.paogroupinc.com

Forward-Looking Statements: Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Contact Us:

Jim DiPrima

888-272-6472

info@pao.group

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/64039

comtex tracking

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.