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FridayOct 21, 2016 12:47 pm

FlitWays (CATQ) to Provide Rides for Xerox (XRX): Go City Apps, Shares Climb

Shares of FlitWays (OTC: CATQ) are slightly higher in Friday’s mid-day trade after the ground travel technology company this morning announced its distribution agreement with Xerox (NYSE: XRX) in which FlitWays will provide ride supply for the Xerox: Go City apps, currently available in Los Angeles (Xerox: Go LA) and Denver (Xerox: Go Denver). FlitWays is a wholly owned subsidiary of Cataca Resources, Inc. "With many more Xerox Go apps planned for other cities around the country and internationally, we expect our ground travel network will book an increasingly larger number of trips as this rollout continues and awareness of our…

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ThursdayOct 20, 2016 4:37 pm

Pain Therapeutics, Inc. (PTIE) Trims Q3 Loss

Pain Therapeutics (NASDAQ: PTIE) today reported results for the third quarter of 2016, posting a net loss of $3.5 million, or $0.08 per share, compared to a net loss of $3.7 million, or $0.08 per share, in the comparable quarter of the year prior. At September 30, 2016, Pain Therapeutics reports cash and investments of $21.8 million, compared to $24.6 million at June 30, 2016.  The company is debt-free. To view the full press release, visit:  http://nnw.fm/Vi4Fo About Pain Therapeutics, Inc. We develop proprietary drugs that offer significant improvements to patients and physicians. Our expertise consists of developing new drugs…

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ThursdayOct 20, 2016 12:22 pm

American Cannabis Company, Inc. (AMMJ) Shares Climb on Contract with Canadian Firm

American Cannabis Company, Inc.™ (OTCQB: AMMJ) is up more than 4% in morning trade after the full-service business-to-business consulting solutions provider, and seller of ancillary products to the cannabis industry, this morning announced its new design and consulting contract with a Canadian firm for the purpose of creating a cannabis Licensed Producer facility within the Atlantic provinces. The company said the multi-phase project will begin with the construction of an indoor facility. "The Canadian market is experiencing tremendous growth and we are excited to be working with a client who is positioned to excel within that market. They have a…

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ThursdayOct 20, 2016 12:20 pm

Capricor Therapeutics, Inc. (CAPR) Trades Higher on News of $4.2M Grant from National Institutes of Health

Shares of Capricor Therapeutics (NASDAQ: CAPR) spiked 7% at the opening bell after the company announced that it has received a grant of up to $4.2 million from the National Institutes of Health to study CAP-2003 for hypoplastic left heart syndrome (HLHS). "We are excited to be part of this research effort to understand how CDC Exosomes, which are believed to be responsible for the regenerative effect of cardiosphere-derived cells, may be useful in the treatment of a serious congenital heart condition. We look forward to seeing if CAP-2003 can improve heart function, initially in pre-clinical models, and eventually in…

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ThursdayOct 20, 2016 12:19 pm

xG Technology, Inc. (XGTI) Inks Binding Agreement to Acquire Vislink Communication Systems

xG Technology (NASDAQ: XGTI, XGTIW), a provider of critical wireless communications for use in challenging operating environments, this morning announced its binding agreement to acquire the assets of the Vislink Communication Systems division from Hungerford, United Kingdom-based Vislink, Plc. The deal is expected to close by year-end 2016. "We believe that Vislink chose to sell the division to a purchaser that would operate the business as a going concern, versus financial acquirers.  We further believe that the combined business will create a market leader in video technology providing scale and global reach.  Considering the inherent synergies with our business unit Integrated…

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WednesdayOct 19, 2016 12:30 pm

Ballard Power Systems (BLDP) Commissions Second Tranche of Fuel Cell Buses in China

Ballard Power Systems (NASDAQ: BLDP; TSX: BLD) this morning announced the commissioning and deployment of 10 fuel cell-powered buses in the City of Yunfu, in the Province of Guangdong, China, bringing the total number of buses deployed to 22 of the 300 planned to be deployed in the Cities of Foshan and Yunfu. The initiative is part of the Chinese Government's plan to address air quality in urban centers through zero tailpipe emission mass transit solutions. To view the full press release, visit: http://nnw.fm/ooZV1 About Ballard Power Systems Ballard Power Systems (NASDAQ: BLDP; TSX: BLD) provides clean energy products that…

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WednesdayOct 19, 2016 12:29 pm

Marinus Pharmaceuticals, Inc. (MRNS) Shares Spike as Phase 1 Results for Ganaxolone Pave Way for Phase 2 Study

Marinus Pharmaceuticals (NASDAQ: MRNS) is trading more than 6% higher this morning after the company announced favorable results from its phase 1 dose-escalation study in which ganaxolone intravenous (IV) achieved dose levels targeted for efficacy in patients with status epilepticus (SE) – a life-threatening medical emergency associated with high mortality and limited treatments - and other indications. The phase 1 clinical study enrolled 36 subjects at Duke University Medical Center and was designed to determine the pharmacokinetics (PK), pharmacodynamics (PD), and safety of ganaxolone IV administered as an ascending bolus dose (Stage 1) or continuous infusion (Stage 2). Marinus is…

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TuesdayOct 18, 2016 1:34 pm

Life Clips, Inc. (LCLP) Shares Soar on Licensing Agreement with Hewlett Packard (HPE)

Shares of Life Clips (OTCQB: LCLP) are up 50% in mid-morning trade following the company’s announcement that it has entered into a multi-year license agreement to manufacture and distribute Hewlett Packard (NYSE: HPE) branded action cameras, still cameras, dash cameras and accessories in the United States, Canada, Europe, Africa, Latin America, Australia, New Zealand and Israel. The license agreement also calls for the development of a collaborative media cloud storage service platform to store content created by the HP branded products. To view the full press release, visit: http://nnw.fm/5Yx44 About Life Clips®, Inc: Life Clips is a developer and manufacturer…

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TuesdayOct 18, 2016 1:33 pm

Capstone Turbine Corporation (CPST) Prices $7.5M Offering

Capstone Turbine (NASDAQ: CPST) this morning announced a registered offering in which it will sell 6.3 million shares of its common stock to one existing and one new accredited investor at a price of $1.20 per share. The gross proceeds from the offering are expected to be approximately $7.5 million. Capstone said it intends to use the proceeds from the offering to fund general working capital requirements and for other general corporate purposes. The offering is expected to close on or about October 21, 2016, subject to the satisfaction of customary closing conditions. To view the full press releases, visit:…

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MondayOct 17, 2016 1:24 pm

RLJ Entertainment (RLJE), AMC Networks (AMCX) Enter into Strategic Partnership – Shares of Both Companies Higher

RLJ Entertainment (NASDAQ: RLJE) this morning announced its strategic partnership with AMC Networks (NASDAQ: AMCX) under which AMC Networks has invested $65 million – in the form of loans - to RLJ Entertainment to provide capital and additional resources needed to explore growth opportunities. Additionally, AMC Networks has received warrants which potentially provides the company at least 50.1% of the outstanding RLJ Entertainment common stock on a fully diluted basis. To view the full press release, visit: http://nnw.fm/hQ7sB About RLJ Entertainment RLJ Entertainment, Inc. (NASDAQ: RLJE) is an entertainment content distribution company in primarily North America, the United Kingdom, and…

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