ORLANDO, Fla., Jan. 7, 2013 (GLOBE NEWSWIRE) -- RedChip Research™, a division of RedChip Companies, Inc., today announced it has initiated research coverage on NeoStem Inc. (NYSE MKT:NBS), an emerging leader in the fast growing cell therapy market.
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To learn more about NeoStem Inc. visit http://www.redchip.com/visibility/investor.asp?symbol=NBS
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The views expressed in this report and/or any and all other reports associated hereto, (which includes the actual rating assigned to the company as well as the analytical substance and tone of the report), accurately reflect the personal views of the analyst(s) covering the subject securities. No part of the analyst's compensation was, is, or will be directly or indirectly related to the specific recommendations or views contained in this research report. The analyst(s) contributing to this report do not hold any shares of the subject securities. This report is based on data obtained from sources we believe to be reliable but is not guaranteed as to accuracy and does not purport to be complete. None of the profiles issued by RedChip Companies, Inc., constitutes a recommendation for any investor to purchase or sell any particular security or that any security is suitable for any investor. Any investor should determine whether a particular security is suitable based on the investor's objectives, other securities holdings, financial situation needs, and tax status. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. NeoStem, Inc. ("NBS") is a client of RedChip Companies, Inc. RedChip Companies, Inc., is currently engaged by this company to provide investor awareness services. Investor awareness services and programs are designed to help small-cap companies communicate their investment characteristics. NBS agreed to pay RedChip Companies, Inc., a fee of $10,000 in cash per month for six (6) months of these investor relations services.
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