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DrStockPick.com Stock Report! 8/19/09, EMIS, LVCA, SBCF, MER, ARCC, DRAM

Dr. Stock Pick (August 19th, 2009) Writes:

DrStockPick.com Stock Report!

Wednesday August 19, 2009

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Emisphere Technologies, Inc. (OTC BB: EMIS) today announced that it has received commitments from two institutional investors to purchase $4 million of securities in a registered direct offering. Emisphere entered into a securities purchase agreement with these investors pursuant to which Emisphere has agreed to sell an aggregate of 5,714,286 shares of its common stock and warrants to purchase up to 2,685,714 additional shares of its common stock. Each unit, consisting of one share of common stock and a warrant to purchase 0.47 of a share of common stock, will be sold for a purchase price of $0.70.

Lake Victoria Mining Company, Inc.

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