Breaks Categories: News

TuesdayFeb 18, 2020 10:08 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Posts Preliminary Unaudited 2019 Annual Results

SinglePoint (OTCQB: SING) this morning reported preliminary, unaudited 2019 annual results. Among other highlights from the update, the company reportedly achieved more than $3,300,000 in revenue for 2019, representing an increase of 190% from 2018. In roughly six months of operation, $2,000,000 in revenue was derived directly from the company’s solar division, Direct Solar of America. Moving forward, SING plans to focus on Direct Solar and the company’s proprietary brand of smokable hemp, 1606 Original Hemp. “I am confident that our business units will continue to grow which translates to SinglePoint being in a better position than we have ever…

Continue Reading

TuesdayFeb 18, 2020 9:48 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Receipt of QuadSight(R) Prototype Order from Multi-Billion Dollar Japanese Vehicle Manufacturer

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced the sale of an additional prototype of its QuadSight(R) four-camera vision system designed for the semi-autonomous and autonomous vehicle market. According to the update, one of the top global vehicle manufacturers, a multi-billion dollar Japanese company, ordered the prototype system, requesting rapid delivery due to an existing market need. The Japanese vehicle manufacturer participated in live technological demonstrations consisting of testing the QuadSight system in different predefined scenarios on the customer’s premises at the end of January 2020. The prototype sale validates the importance of…

Continue Reading

TuesdayFeb 18, 2020 9:18 am

NetworkNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) Completes First Tranche of Non-Brokered Private Placement Financing

Exro Technologies (CSE: XRO) (OTCQB: EXROF) on Friday announced the completion of the first tranche of its non-brokered private placement financing. Per the release, the company raised $3,510,727 through the issuance of 10,030,648 common shares at a price of $0.35 each. The company has paid a finder's fee comprised of 7% cash and has issued compensation warrants equal to 7% of the number of shares issued to investors that were introduced to the company by the finder (each a "compensation warrant"). Each compensation warrant is exercisable to acquire one common share at an exercise price of $0.42 each for a…

Continue Reading

FridayFeb 14, 2020 1:51 pm

NetworkNewsBreaks – Aerie Pharmaceuticals, Inc. (NASDAQ: AERI) Featured in Mizuho Securities Research Report

Aerie Pharmaceuticals (NASDAQ: AERI) was featured in a recent U.S. Equity Research Report published by Mizuho Securities USA LLC. The report reads, “We are including IQVIA scripts for Rhopressa and Rocklatan below for the week ended 2/07/2020. Franchise TRx was +1.4% to 10,214 from 10,076 the prior week; franchise NRx was -1.6% to 4,191 from 4,257 the prior week. Rocklatan TRx was 3,058 in Week 42, compared to 2,912 in Week 41.” To request access to the full report, visit http://nnw.fm/SaZ9d About Aerie Pharmaceuticals, Inc. Aerie is an ophthalmic pharmaceutical company focused on the discovery, development and commercialization of first-in-class…

Continue Reading

FridayFeb 14, 2020 1:47 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) Featured in Ludlow Research Report that Initiates Coverage Based on Strong Revenue Guidance, Positive 2020 Solar Stock Sector Outlook

SinglePoint (OTCQB: SING) today announced that it was featured in a report from Ludlow Research (http://nnw.fm/r3DcR). The report reads, “Ludlow Research initiated research opinion on SinglePoint (OTCQB: SING), a developer of commercial solar power solutions, with a ‘speculative’ near-term target of $0.015 to $0.02 per share, based on potential revenue growth in solar installations and retail demand for solar power stocks. Ludlow Research has initiated research coverage on SING based on strong revenue guidance, and positive outlook for solar stock sector in 2020.” To view the full press release, visit http://nnw.fm/Kq54Z About SinglePoint, Inc. Founded in 2011 SinglePoint, Inc. invests…

Continue Reading

FridayFeb 14, 2020 1:44 pm

NetworkNewsBreaks – Bragg Gaming Group Inc. (TSX.V: BRAG) (OTCQX: BRGGF) Provides Business Update, Preliminary 2019 Financial Results and 2020 Outlook

Bragg Gaming Group (TSX.V: BRAG) (OTCQX: BRGGF), the rapid growth B2B gaming technology platform, aggregator and services provider, today provided a business update, preliminary 2019 financial results and a 2020 financial outlook. Among the highlights, the Group forecasts revenue for 2020 in the range of EUR 35-38m (2019: EUR 26m), an increase of up to 48% on 2019 with Clean EBITDA for 2020 of EUR 5.5m (2019: EUR 1.4m), a larger increase due to continuing cost efficiency improvements as the Group continues to scale. “I am very pleased with the immense progress we’ve made throughout 2019 and with our position…

Continue Reading

FridayFeb 14, 2020 1:10 pm

NetworkNewsBreaks – Callon Petroleum Company (NYSE: CPE) Featured in ROTH Equity Research Report

Callon Petroleum (NYSE: CPE) was featured in a recent Equity Research Report published by ROTH Capital Partners, LLC. The report reads, “We are adjusting our 4Q 2019 estimates to include 11 days of operations from Carrizo Oil & Gas (previously CRZO-NC). The CPE-CRZO merger was completed on 12/20/2019. This moves our CFPS/EBITDA higher from our previous $0.53/$121.2 million to $0.56/$129.7 million. Our 4Q 2019 EPS estimate drops from $0.21 to $(0.20) due to the estimated $95 million in transaction costs provided by CPE.” To request access to the full report, visit http://nnw.fm/DXCr3 About Callon Petroleum Company Callon Petroleum is an…

Continue Reading

FridayFeb 14, 2020 1:06 pm

NetworkNewsBreaks – Century Casinos, Inc. (NASDAQ: CNTY) Featured in ROTH Equity Research Report

Century Casinos (NASDAQ: CNTY) was featured in a recent Equity Research Report published by ROTH Capital Partners, LLC. The report reads, “We raise 4Q19 EBITDAR/EBITDA to account for ~25 days inclusion of its closed acquisition of three domestic casinos: Cape Girardeau, Caruthersville and Mountaineer. Our CY21 estimates infer shares trade for 3.9x and 5.3x CY21 EV/EBITAR and EV/EBITDA, respectively. Our estimates do not include expected market access or guaranteed per annum fees for its three sports wagering licenses in Colorado (or remuneration from likely online gaming approval in MO), all of which would push peer-low valuation even lower. Reiterate Buy.”…

Continue Reading

FridayFeb 14, 2020 1:02 pm

NetworkNewsBreaks – Moleculin Biotech, Inc. (NASDAQ: MBRX) Featured in ROTH Equity Research Report

Moleculin Biotech (NASDAQ: MBRX) was featured in a recent Equity Research Report published by ROTH Capital Partners, LLC. The report reads, “Yesterday, MBRX announced the successful conclusion to its open label, single arm U.S. Phase 1 liposomal annamycin trial, having achieved a highly favorable safety profile in relapsed or refractory AML, as well as clear signs of efficacy in two of the six patients. MBRX also provided an interim update on its European Phase 1 annamycin trial, replicating the clean safety profile, even at higher doses than in the U.S. trial, as well as a similar fraction of patients showing…

Continue Reading

FridayFeb 14, 2020 12:59 pm

NetworkNewsBreaks – Spartan Motors, Inc. (NASDAQ: SPAR) Featured in ROTH Equity Research Report

Spartan Motors (NASDAQ: SPAR) was featured in a recent Equity Research Report published by ROTH Capital Partners, LLC. The report reads, “Earlier today, SPAR announced the sale of its Emergency Response (ER) segment to REV Group (REVG-NC) for $55mn in cash. We see the sale as a positive development as management can focus time and resources on the more profitable and faster growing FVS and SCV businesses. Shares jumped ~6% on the news; however, we believe the stock continues to move higher as we see the transaction driving an improvement in margins and ROIC, while strengthening the balance sheet. Reiterate…

Continue Reading