Breaks Categories: News

MondayMar 02, 2020 1:25 pm

NetworkNewsBreaks – Torchlight Energy Resources, Inc. (NASDAQ: TRCH) Featured in ROTH Equity Research Report

Torchlight Energy Resources, Inc. (NASDAQ: TRCH) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “TRCH announced that it has measured substantial initial potential oil and gas production from the recently drilled and completed Cactus A35 #1H well. To date, the peak 24-hour production rates are 15 BO per day and 110 Mcf per day or 33 BOE per day. TRCH announced that equating this to a 10,000-foot lateral, the Cactus well results can be extrapolated to potentially 1,500 BO per day and 11,000 Mcf per day, or 3,300 BOE per day.”…

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MondayMar 02, 2020 1:18 pm

NetworkNewsBreaks – ShotSpotter, Inc. (NASDAQ: SSTI) Featured in ROTH Equity Research Report

ShotSpotter, Inc. (NASDAQ: SSTI) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “SSTI's 4Q19 revenues and adjusted EBITDA both surpassed our forecasts, reversing 3Q19's downside performances. Pro forma EPS was sharply ahead, even backing out the benefit of a partially reversed expense accrual. Net coverage miles added were 34 with not attrition, its best performance since 3Q18. With 2020 guidance reiterated and appearing incrementally easier to achieve, we are increasing our price target to $39.00 to reflect its higher profitability and faster growth. We reiterate our Buy rating.” To request access…

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MondayMar 02, 2020 1:08 pm

NetworkNewsBreaks – The Hackett Group Inc. (NASDAQ: HCKT) Featured in ROTH Equity Research Report

The Hackett Group Inc. (NASDAQ: HCKT) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “Trading for 9.3x 2020 estimated EBITDA and 14x pro forma EPS, we believe the risk-reward profile is attractive for HCKT shares. We see strength in HCKT's U.S. business and diminishing headwinds from on-premise and International as promising for a much improved growth profile in 2H20. Continued strengthening of cloud-based projects, with greater breadth and size is particularly encouraging. Additional IPaaS pilots could materialize this year, which serve as a potential catalyst for shares.” To request access to…

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MondayMar 02, 2020 12:59 pm

NetworkNewsBreaks – Arcus Biosciences, Inc. (NYSE: RCUS) Featured in Mizuho Securities Research Report

Arcus Biosciences, Inc. (NYSE: RCUS) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “We see Taiho's option to exercise zimberelimab (AB122) for development in Japan and other Asian territories (excluding China), disclosed this morning, as a validating event for this candidate, and highlights the strategic value of combining proprietary candidates such as AB928, already licensed by Taiho, with an own checkpoint inhibitor. With the in-licensing of zimberelimab we see the opportunity for Taiho to exercise additional licenses such as AB680 (CD73) and AB154 (TIGIT). We continue to believe that 2020 will…

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MondayMar 02, 2020 12:38 pm

NetworkNewsBreaks – Lipocine Inc. (NASDAQ: LPCN) Secures $6 Million in Registered Direct

Lipocine (NASDAQ: LPCN), a clinical-stage biopharmaceutical company focused on metabolic and endocrine disorders, has closed a sale of 10,084,034 Class A Units with certain institutional investors. According to the update, Lipocine secured gross proceeds of approximately $6 million from the offering, which it intends to use for working capital and general corporate purposes. Each of the units were sold at an offering price of $0.595, with each Class A Unit consisting of one share of its common stock and one-half of a common warrant to purchase one share of common stock at an exercise price of $0.53 per share of…

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MondayMar 02, 2020 12:19 pm

NetworkNewsBreaks – Predictive Oncology Inc.’s (NASDAQ: POAI) Proposed Acquisition Further Positions it to Aid Efforts to Accelerate Discovery of New Anti-Cancers, Anti-Virals and Vaccines

Predictive Oncology (NASDAQ: POAI), a data and artificial intelligence (“AI”) driven discovery services company that provides predictive models of tumor drug response to improve clinical outcomes for patients, today provided an update on its proposed acquisition of Carnegie Mellon University spin-out Quantitative Medicine. According to the update, this move further positions the company to aid in efforts to accelerate the discovery of new anti-cancers, anti-virals, antibiotics and vaccines. The acquisition will provide POAI with QM’s exclusively licensed, proven machine learning framework (“CoRE”), developed at CMU. CoRE, a predictive model-building platform for drug screening and optimization campaigns, uses hybrid machine learning…

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MondayMar 02, 2020 11:53 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Reaches New Production Milestone at Asphalt Ridge Facility

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an integrated oil ‎company focused on the development and implementation of its proprietary oil-‎extraction and remediation technologies, today announced that its ‎Asphalt Ridge facility located in Vernal, Utah, since re-commencement ‎on February 19, 2020, has produced approximately 1,900 barrels of oil thus achieving an average ‎daily production rate of over 300 bbls/day on a continuous basis. This comes after a scheduled ‎temporary maintenance shutdown in January 2020, during which the team made various adjustments and completed installation of critical ‎additional equipment. Valkor Engineering also used this time to run a testing ‎regimen on the…

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MondayMar 02, 2020 11:31 am

NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Releases Comments on New Jersey’s Recently Signed “Alyssa Law”

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF), a leading global developer and provider of push-to-talk over cellular solutions for first responders and enterprise workers, today released comments on the recently signed “Alyssa Law” by New Jersey Governor Phil Murphy. Also known as “Alyssa’s Law," A764 requires all New Jersey public schools to install silent panic alarms to alert law enforcement during emergencies such as an active shooter or to employ an alternative Department of Education-approved emergency mechanism. The law, in memory of Alyssa Alhadeff, a New Jersey native from Woodcliff Lake who was among the 17 people killed in last February’s…

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MondayMar 02, 2020 11:03 am

NetworkNewsBreaks – MCTC Holdings, Inc. (MCTC) to Host Hemp You Can Feel(TM) Alcohol-Free Cocktails Launch Event for LA Press

MCTC Holdings (OTC: MCTC), a cannabinoid and hemp extract science forward company developing infusion and delivery technologies, today announced an upcoming press event it plans to host on March 12, 2020, to introduce its new Hemp You Can Feel(TM) Alcohol-Free cocktails. The event will feature some of the Los Angeles area’s best bartenders and servers as they mix up both classic and new age hemp-infused cocktails based on MCTC’s next-generation all-natural hemp extract and CBD beverage infusion technologies. "When was the last time you were able to relax with a cocktail, but not have to worry about the negative effects…

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MondayMar 02, 2020 10:31 am

NetworkNewsBreaks – Canopy Rivers Inc.’s (TSX: RIV) (OTC: CNPOF) PharmHouse Receives Health Canada License Amendment for Cultivation Across Entire Greenhouse

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced that its 49%-owned joint venture in Leamington, Ontario, PharmHouse Inc., received a license amendment from Health Canada allowing for cultivation across its entire greenhouse, which is now fully operational. According to the update, PharmHouse plans immediate ramp up in production in accordance with its offtake agreements with Canopy Growth Corporation and TerrAscend Canada Inc. Under these agreements, PharmHouse has committed 50% of its 2020 output and currently expects to use the remaining 50% of its capacity for both additional offtake agreements and its own private…

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