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    Penny Stock Spotlight: Fuse Science Inc. (DROP)

    Penny Stock Spotlight: Fuse Science Inc. (DROP)

    Shares of Fuse Science Inc. (Pink: DROP) rose 23.3% to $0.98 Tuesday, extending gains for the seventh day in a row. Over 12.25 million shares traded hands during the session, above the one-month average of 1.74 million. DROP hit a 52-week high when it reached $1.25 in Tuesday’s trade.

    Fuse Science engages in the development of new, patent-pending technologies poised to redefine how consumers receive energy, medicines, vitamins and minerals.  The company has successfully developed and maintains the rights to sublingual and transdermal delivery systems for bioactive agents that can now, for the first time, effectively encapsulate and charge many varying molecules in order to produce complete product formulations which can bypass the gastrointestinal tract and enter the blood stream directly – all in a concentrated “DROP” form that is simply applied under the tongue.

    The Fuse Science technology is designed to accelerate conveyance of medicines or nutrients relative to traditional pills and liquids and can enhance how consumers receive these products.

    Double Eagle Holdings, the parent company of Fuse Science, recently announced a partnership with golf superstar Tiger Woods that will feature Fuse Science as the only sponsor on his bag. Today, Woods unveiled the new POWERED by FUSE golf bag as he took practice swings at the driving range at the Sherwood Country Club in Thousand Oaks, California.

    Adam Adler, company co-founder and chief business development officer, said the Company could not be more pleased to partner with the best in everything it does beginning with Tiger. “We have shaped the organization to include the best at every level of the company to ensure we create the highest level of value creation for shareholders.”

    It was last month when shareholders welcomed the news that the company had inked an exclusive endorsement deal with Tiger Woods in the sports nutrition and energy categories.

    The golf superstar was quoted in the press release as saying: “When I learned about Fuse Science’s groundbreaking technology, I immediately understood that this will be a game-changer in how we live our lives every day.  We will improve energy, nutrition and medication delivery in several global categories and we will enhance every athlete’s ability to perform at their natural best. This company is laying the foundation for some very significant things and after personally talking to them; I wanted to be Powered by Fuse.”

    Shares of DROP have risen 106.3% in the last five days; 113.0% in the last month; and 32,566.7% year-to-date.

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