Breaks Categories: News

TuesdayJul 18, 2017 12:19 pm

NetworkNewsBreaks – Algae Dynamics Corp. (ADYNF) Featured in Exclusive Audio Interview by NetworkNewsWire

Multifaceted financial news and publishing company NetworkNewsWire (“NNW”) this morning announced the online availability of an exclusive audio interview with Algae Dynamics Corp. (OTCQB: ADYNF). In the interview, Paul Ramsay, president and chairman of Algae Dynamics, provides insight into the company’s operational focus on the development of unique health products and pharmaceuticals utilizing cannabis, hemp and algae oils. “We're working with cannabis in isolation, but we are also formulating different combinations of algae mixed with cannabis oils. It's quite an interesting program and quite exciting given the health benefits,” Ramsay noted. “We're doing this because we have a lot of…

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TuesdayJul 18, 2017 11:58 am

NetworkNewsBreaks – Patriot One Technologies (TSX.V: PAT) (OTCQB: PTOTF) Featured in Exclusive Audio Interview by NetworkNewsWire

Multifaceted financial news and publishing company NetworkNewsWire (“NNW”) this morning announced the online availability of an exclusive audio interview with Patriot One Technologies, Inc. (TSX.V: PAT) (OTCQB: PTOTF), developer of the award-winning PATSCAN CMR™ concealed weapons detection system. In the interview, Martin Cronin, CEO and director of Patriot One Technologies, describes the innovation of the company’s concealed weapon detection system before discussing its massive potential on the global market. “What we are providing is a truly disruptive technology where our system can be deployed covertly behind walls, behind ceiling panels, wall panels, and just scan people without them needing to…

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TuesdayJul 18, 2017 9:24 am

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) to Attend Southern California Investment Forum and FreedomFest

Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced that it will be attending the Southern California Investment Forum (“SCIF”), a conference that introduces executives from emerging small-cap companies from around the world to an audience of pre-qualified investment professionals, on July 19. Additionally, the company will attend the FreedomFest 10th Anniversary, which is set to take place July 19-22 at the Paris Las Vegas Hotel & Casino. “I am delighted that CIIX has been invited to attend the Southern California Investment Forum and FreedomFest 10th Anniversary,” Warren Wang, founder and CEO of CIIX, stated in the news release.…

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TuesdayJul 18, 2017 9:00 am

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) Awarded Australian Patent Protecting Cannabis Infused Edibles

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) this morning announced that the Australian Patent Office has granted patent #2015274698, which protects Lexaria’s method of improving absorption, speed of onset and taste of cannabinoid active agents in edible products. The term of the patent is 20 years from June 10, 2015. “We are very pleased to have received this patent which effectively covers all cannabis oil extract formulated edibles utilizing our technology in Australia,” Chris Bunka, CEO of Lexaria, stated in the news release. “This patent award allows us to confidently enter the recently legalized Australian cannabis marketplace where we will…

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MondayJul 17, 2017 1:28 pm

NetworkNewsBreaks – XG Technology, Inc. (NASDAQ: XGTI) Receives $1 Million Order for HCAM HEVC 4K Wireless Camera Systems

XG Technology, Inc. (NASDAQ: XGTI), a leading provider of wireless video solutions to broadcast, law enforcement and defense markets, and private mobile broadband networks for critical communications, today announced that its Vislink business has received orders worth approximately $1 million for its HCAM High Efficiency Video Coding (HEVC) 4K Wireless Camera Systems. The Vislink HCAM was originally unveiled at NAB 2017 in April, when it was hailed as the next generation of HEVC 4K UHD wireless transmitters. The latest orders, which are to be deployed in China, are part of global preorders exceeding $2.5 million for Vislink’s latest wireless camera…

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MondayJul 17, 2017 9:00 am

NetworkNewsBreaks – Repros Therapeutics (NASDAQ: RPRX) Tumbles Pre-Market; Proellex Clinical Trial Remains on Partial Hold, per FDA

Shares of Repros Therapeutics (NASDAQ: RPRX) dropped 47% in pre-market trade after the reproductive disorders company said its clinical development program for Proellex, its oral delivery mechanism for telapristone acetate, will remain on partial clinical hold, per FDA review and feedback. Repros is now required to compile a large pre-approval safety database to support future development. The company says it is assessing increasing its focus on its uterine fibroid and endometriosis development program utilizing a vaginal drug delivery program for telapristone acetate, and that it expects to receive a European Patent related to the use of selective progesterone modulators (SPRM).…

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FridayJul 14, 2017 12:17 pm

NetworkNewsBreaks – Fifth Street Asset Management, Inc. (NASDAQ: FSAM) Enters Agreement for Oaktree to Assume Management of BDCs

Fifth Street Asset Management (NASDAQ: FSAM) shares fell 3% this morning on news that the company has signed a definitive asset purchase agreement with Oaktree Capital Management, L.P., an affiliate of Oaktree Capital Group, LLC (NYSE: OAK). Per the agreement, Oaktree will become the new investment adviser to two Business Development Companies (BDCs): Fifth Street Finance Corp. (NASDAQ: FSC) and Fifth Street Senior Floating Rate Corp. (NASDAQ: FSFR). Upon closing of the transaction, Oaktree will pay gross cash consideration of $320 million to Fifth Street Management LLC and replace FSM as the investment adviser to the BDCs. An Oaktree affiliate…

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FridayJul 14, 2017 12:13 pm

NetworkNewsBreaks – Highpower International, Inc. (NASDAQ: HPJ) Secures Two New Strategic Partnerships

Highpower International (NASDAQ: HPJ) shares climbed 4% on news this morning that the company has reached two strategic partnership agreements in the U.S. and Europe with leading appliance brands to supply power solutions for high-end smart vacuum robots. The agreements are expected to provide Highpower with top-line revenues of $4 million in 2017. Additionally, the company has been involved in designing power solutions for three new models of smart vacuums that are expected to be launched in 2018, providing Highpower with anticipated top-line revenues of $15 million. "Highpower pays close attention to the end user as well as developing trends and work…

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FridayJul 14, 2017 12:11 pm

NetworkNewsBreaks – MassRoots, Inc. (MSRT) Shares Fall on Close of Odava Acquisition

Shares of MassRoots (OTCQB: MSRT) dipped 9% after the company this morning said it has closed the previously announced acquisition of Odava, Inc. in exchange for cash and common stock consideration. Following the acquisition, the company is now able to offer dispensaries a complete suite of software to manage their regulatory compliance, restructure their supply chain, and develop consumer loyalty programs. "The Odava acquisition diversifies our revenue streams while also enabling the platform integrations necessary to effectively monetize MassRoots' audience," MassRoots chief executive officer Isaac Dietrich stated in the news release. To view the full press release, visit: http://nnw.fm/u2GMT About MassRoots…

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FridayJul 14, 2017 9:23 am

NetworkNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Reports Financial Results for Fiscal Year Ended March 31, 2017

India Globalization Capital, Inc. (NYSE MKT: IGC), a developer of cannabis-based therapies to treat a variety of life-altering conditions, this morning announced its financial results for the fiscal year ended March 31, 2017. “In fiscal 2017, our major accomplishments include the advancement of our phytocannabinoid patent filing portfolio to large market indications,” Ram Mukunda, CEO of IGC, noted in the news release. “And in order to keep this focus on the medical cannabis industry, we disposed of our low-margin iron ore and electronic trading businesses, and retired about 10% of our outstanding common stock; thus reducing revenue, PP&E, and stockholder’s…

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