03:51 PM EST - Foccini International Inc. : said that it is exercising its option to purchase 100% ownership of Arch Biotech Inc., a private company specializing in biomedical technology and drug development. The company said it has begun preparations to submit a change of business/reverse takeover application to the TSX Venture Exchange. Foccini International Inc.
shares V.FOI are trading even at $0.25.