Today the company announced that the United States Patent and Trademark Office have declared an interference between its application serial number 09/351,542 as Senior Party and U.S. Patent 5,799,273, owned by Allvoice Developments LTD ("Allvoice") as Junior Party.
This application in interference was filed back in 1999, after years of work the company finally has the declaration of an interference. This is huge for a company as small as AVOI, more information on this story as it becomes available.
Sino-Global Shipping America Ltd. (NASDAQ: SINO) is trading at $4.20 up $1.02 or 32% on heavy volume of 203k.
The company does not have any news as to why the stock is up, but its trading at a ridiculously high volume. The average 10-day volume is 5k, so the fact it’s trading at 203k probably means something is going on here. We will keep you updated as we find out news.
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