Breaks Categories: News

FridayJan 12, 2018 2:21 pm

NetworkNewsBreaks – MySize, Inc. (NASDAQ: MYSZ) Shares Surge Following Positive Response at CES Trade Show

Shares of My Size (NASDAQ: MYSZ) (TASE: MYSZ) are up 57% today after the company reported a positive response during its first three days attending the Consumer Electronics Show (“CES”) in Las Vegas, Nevada. The company anticipates continued interest in its revolutionary patented body measurement technology over the next few days from both apparel, tech media, and potential new customers. The Annual CES Trade Show in Las Vegas represents a huge platform for the company’s MySizeID™ as it attracts over 170,000 participants from approximately 150 countries as well as 3,900 companies, manufacturers, and industry experts. "Apparel retailers know that their…

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FridayJan 12, 2018 2:16 pm

NetworkNewsBreaks – Performant Financial Corp. (NASDAQ: PFMT) Secures Contract from the Department of Education

Performant Financial (NASDAQ: PFMT) this morning said it has been granted a new contract by the U. S. Department of Education to provide debt collection services on defaulted federal student loans. The base period of the contract is January 11, 2018 through January 10, 2023, with optional additional periods. Per the Department of Education, the full contract award amount for the base period and option period is not to exceed $400,000,000. “We are extremely pleased to announce that we have received a new contract award from the Department of Education.  We have provided leading recovery results and demonstrated strong regulatory…

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FridayJan 12, 2018 2:10 pm

NetworkNewsBreaks – Pluristem Therapeutics, Inc. (NASDAQ: PSTI) Shares Rise on New Publication Highlighting Utilization of Induced PLX Cells

Shares of Pluristem Therapeutics Inc. (NASDAQ: PSTI) (TASE: PSTI) are up 7.4% after the company this morning announced the publication of a peer-reviewed article in the journal Scientific Reports, from the publisher of Nature, titled, “Human Placental-Derived Adherent Stromal Cells Co-Induced with TNF‑α and IFN‑γ Inhibit Triple-Negative Breast Cancer in Nude Mouse Xenograft Models.” The article discusses the findings of studies that examined the effect of PLX cells that had been induced with tumor necrosis factor alpha (TNF-α) and interferon-gamma (IFN-γ). Pluristem has filed patent applications relating to the technology for the induction of PLX cells and the use of…

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FridayJan 12, 2018 9:43 am

NetworkNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Receives Initial Coverage from Crystal Equity Research

On January 9, 2018, Crystal Equity Research published an initial report on PreveCeutical Medical (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) (http://nnw.fm/aO8gG), a biomedical company with a focus on preventative health sciences. Among other highlights, the report noted the company’s recapitalization efforts to fund its development program, as well as the strategic mergers and distribution agreements to address additional markets, including the sports medicine market. The company’s initial product, CELLB9, is an innovative therapy based on blue scorpion venom. The sales from CELLB9 represent the company’s current revenue stream, which helps to balance out research and developmental spending. To view the…

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ThursdayJan 11, 2018 3:01 pm

NetworkNewsBreaks – ADOMANI, Inc. (NASDAQ: ADOM) Completes Secondary Equity Offering

ADOMANI (NASDAQ: ADOM), a provider of vehicle drivetrain solutions and purpose-built electric vehicles, has successfully closed an S-1 registered public offering of 3,666,667 units at a public offering price of $3.00 per unit. Each unit is comprised of one share of common stock and a warrant to purchase 1.5 shares of common stock at an exercise price of $4.50. In connection with the offering, Boustead Securities, LLC acted as the exclusive placement agent and Roth Capital Partners served as the financial advisor to the company. After subtracting placement agent fees and other estimated offering expenses payable by ADOMANI, the company…

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ThursdayJan 11, 2018 11:30 am

NetworkNewsBreaks – Marijuana Company of America, Inc. (MCOA) Subsidiary Announces Launch of hempSMART™ Pain Cream

Marijuana Company of America, Inc. (OTC: MCOA), through wholly owned subsidiary hempSMART™, Inc., this morning announced the launch of hempSMART Pain Cream. Per the update, each bottle of hempSMART Pain Cream is formulated with 300mg of full spectrum non-psychoactive cannabidiol derived from industrial hemp. Utilizing a proprietary blend of Ayurvedic herbs, menthol, cayenne pepper extract, rosemary oil, aloe gel, white willow bark, arnica, wintergreen extract and tea tree oil, hempSMART Pain Cream provides what the company calls an immediate cooling and soothing sensation. “We are excited to announce the expansion of our hempSMART personal care product line to include pain…

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ThursdayJan 11, 2018 10:49 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Outlines Plans for Cannabis-Focused Token Offering

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that, by way of a variety of key strategic partnerships established in recent months, it has effectively positioned itself to move forward with the co-launch of its regulatory compliant token offering. Expected to launch in the first quarter of 2018, the token will be aimed at offering businesses in the booming cannabis industry an effective, decentralized payment system in an effort to combat the market’s longstanding payment restrictions. “MoneyTrac's primary objective has been, and will continue to be, to serve the legitimate…

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ThursdayJan 11, 2018 10:17 am

NetworkNewsBreaks – Medical Cannabis Payment Solutions (REFG) Announces Plans to Accept Bitcoin Payments

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning announced plans to begin processing payments in bitcoin. Per the update, this development goes beyond the current version of the company’s merchant app, which is available to state-licensed marijuana establishments. “The payment system will offer a unique Bitcoin payment option enabling consumers to easily use the digital currency to make purchases,” Sean Hullinger, chief legal officer of Medical Cannabis Payment Solutions, stated in the news release. “This process allows stores to accept not only electronic payments in US dollars, but also digital currency (instead of cash only).  We…

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ThursdayJan 11, 2018 9:44 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Adds Christopher Wolfenberg to Board of Directors

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced the appointment of Christopher Wolfenberg to its board of directors. Wolfenberg is currently a partner with the law firm Fasken Martineau LLP, having previously served as a partner with Norton Rose Fullbright. “MGX welcomes Mr. Wolfenberg to the Board of Directors,” Jared Lazerson, president and CEO of MGX, stated in the news release. “His experience in mining, energy, and technology sectors will serve to further strengthen our leadership team as we move forward in 2018 and beyond. As MGX grows the legal, finance…

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WednesdayJan 10, 2018 1:12 pm

NetworkNewsBreaks – IEG Holdings Corp. (IEGH) Unveils Plans for New Cryptocurrency

Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH), through wholly owned subsidiary Investment Evolution Crypto, LLC, this morning announced that it is negotiating to purchase a gold project with gold metal in the ground and prospecting licenses. IEG Holdings intends to utilize this gold resource to investigate creating its own gold metal-backed cryptocurrency, potentially offering loans and accepting loan repayments in the new blockchain-based currency. “Unlike Bitcoin, Ripple, Ethereum and Litecoin etc., IEGH's crypto currency is planned to be backed by gold metal and registered with the SEC as a security,” Paul Mathieson, chairman and CEO of IEGH, stated in…

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