Breaks Categories: News

ThursdaySep 07, 2017 12:06 pm

NetworkNewsBreaks – Cleantech Solutions International, Inc. (NASDAQ: CLNT) Enters into Agreement with ECoin Development to Create a Cryptocurrency System

Shares of Cleantech Solutions International (NASDAQ: CLNT) are up 11% this morning after the company said it has entered into exclusive discussions with ECoin Development Limited regarding the development and operation of a cryptocurrency system to support the development of a sharing economy ecosystem based on blockchain solutions. Cleantech’s board of directors intends to form a special committee consisting of independent directors to assess and negotiate the potential acquisition and business cooperation transactions with ECoin on behalf of the company. "By implementing blockchain technology into the sharing economy, there will no longer be a need for a central authority. The…

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ThursdaySep 07, 2017 12:04 pm

NetworkNewsBreaks – Neuralstem, Inc. (NASDAQ: CUR) Receives Two New US Patents

Neuralstem (NASDAQ: CUR) this morning said that is has received two additional patents from the United States Patent and Trademark Office (USPTO). The two newly-awarded patents broadly protect methods for using neural stem cells to treat neurodegenerative disorders, a crucial factor of the biopharmaceutical company’s platform. One of the new patents covers methods of treating neurodegenerative disorders through transplantation of neural stem cells. The other patent covers neural stem cells engineered to express IGF-1, a neurotrophic molecule with broad therapeutic potential in the treatment of neurodegenerative disorders. "Neuralstem now owns or licenses over 20 U.S. and 120 foreign issued and pending patents,…

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ThursdaySep 07, 2017 9:29 am

NetworkNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Names Barry Fishman as New CEO

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced the appointment of Barry Fishman as its new chief executive officer, effective October 1, 2017. Fishman brings nearly two decades of experience as a business leader to the ABcann team, having most recently served as CEO of international specialty pharmaceutical company Merus Labs. Under his leadership, Merus’s sales and EBITDA grew at a CAGR of greater than 50 percent, leading to the company’s acquisition by Norgine B.V. in July 2017 for total considerations of roughly $342 million. “Barry's proven experience as a CEO of complex, highly-regulated organizations with international operations…

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WednesdaySep 06, 2017 11:47 am

NetworkNewsBreaks – ZK International Group (NASDAQ: ZKIN) Completes IPO; Begins Trading on Nasdaq Capital Market

ZK International Group (NASDAQ: ZKIN), on September 1, began trading on the Nasdaq Capital Market under the symbol ‘ZKIN’. The manufacturer and engineer of high-performance stainless steel products for sophisticated water and gas pipeline systems completed its first day on the Nasdaq Market with its ordinary shares up 69% to $8.45 per share. Boustead Securities, LLC acted as the Sole Underwriter and completed the initial public offering (IPO) of 1,068,346 of ZKIN's ordinary shares at a price of $5.00 per share on August 30, 2017. The company received a total of $5,341,730 in gross proceeds from the IPO, before underwriting discounts,…

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WednesdaySep 06, 2017 11:36 am

NetworkNewsBreaks – LottoGopher Holdings Inc. (CSE: LOTO) (OTCQB: LTTGF) Provides Update on Expansion and Marketing Campaigns

LottoGopher Holdings (CSE: LOTO) (OTCQB: LTTGF), a provider of lottery ticket management for consumers, this morning issued a corporate update defining its ongoing marketing and development initiatives. Among other highlights, the company said it has commenced phase 1 of its nationwide expansion plan. "We have improved the site and positioned LottoGopher within California's $6.3 billion dollar market as the leading website to order your lottery tickets online. This next phase for LottoGopher will be key. The team has put together a full digital marketing campaign, including some really interesting creative, and we are all excited to see the results this…

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WednesdaySep 06, 2017 10:45 am

NetworkNewsBreaks – Patriot One Technologies’ (TSX.V: PAT) (OTCQB: PTOTF) PATSCAN CMR™ Receives Industry Canada Certification

Patriot One Technologies, Inc. (TSX.V: PAT) (OTCQB: PTOTF) this morning announced that its award-winning PATSCAN CMR™ (Cognitive Microwave Radar) concealed weapons detection system has received Industry Canada (IC) certification for commercial use in Canada. Per the news release, initial deployments will be undertaken in collaboration with law enforcement and government agency personnel at several strategic locations. “We are gratified that a major regional police force has stepped forward to offer locations and personnel to assist our efforts in optimizing best practices for installation and operation,” Martin Cronin, CEO of Patriot One, stated in the news release. “We are also working…

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WednesdaySep 06, 2017 10:08 am

NetworkNewsBreaks – HighCom Global Security, Inc. (HCGS) Reports 116% YOY Increase in Q2 Revenues

Leading security solutions provider HighCom Global Security, Inc. (OTC: HCGS) this morning announced its financial results for the second quarter and first half of 2017. Among the highlights, the company reported $1.5 million in revenues for the three-month period, marking an increase of 116 percent from the second quarter of 2016. Likewise, HighCom Global recorded $2.6 million in revenues for the first half of 2017, marking a 37.5 percent increase from the comparable period of 2016. “We have consistently grown our revenues year-over-year, driven by increased consumer demand and our ability to meet corporate goals,” Craig Campbell, CEO of HighCom…

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WednesdaySep 06, 2017 9:39 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Announces Acquisition of Dr. FeelGood

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced its acquisition of Dr. FeelGood, a profitable cannabis distribution company headquartered in Phoenix, Arizona. Per the terms of the agreement, SinglePoint will acquire a 51 percent stake in Dr. FeelGood in exchange for cash and stock, allowing SinglePoint to recognize all of the company’s revenue and effectively strengthening its revenue-by-acquisition strategy. “We are very excited for the success of this acquisition,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “The acquisition of Dr. FeelGood is the third acquisition of the year. SinglePoint's revenue has dramatically increased, which through…

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TuesdaySep 05, 2017 12:06 pm

NetworkNewsBreaks – Easton Pharmaceuticals, Inc. (EAPH) Marks C$1M Paid toward Alliance Group Partnership Agreement

Easton Pharmaceuticals (OTC: EAPH) this morning said it has advanced C$1 million in payments to Alliance Group pursuant to its previously announced closing agreement with Canada-based 124123 Ontario Inc. (O/A - Alliance Group). In turn, Alliance has executed C$8 million aggregate toward the LOI contract on its 90 acres of zoned industrial land. Easton has now paid a total of C$1 million out of the C$1.3 million required to acquire a 50% stake in 45 acres of agriculturally zoned land north of Toronto, Ontario, Canada, as well as a business to cultivate, produce and facilitate the sale of its production…

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TuesdaySep 05, 2017 12:03 pm

NetworkNewsBreaks – FuelCell Energy, Inc. (NASDAQ: FCEL) Secures 20 Megawatt Fuel Cell Project with Korea Southern Power Company

FuelCell Energy (NASDAQ: FCEL) this morning said it has secured a 20 megawatt fuel cell project with Korea Southern Power Company (KOSPO). The company intends to utilize the SureSource 3000™ power plant to cleanly produce electricity and thermal energy to support a district heating system. FuelCell expects to operate and maintain the installation under a 20-year service agreement. The company intends for the facility to be operational in 2018. “Our multi megawatt, scalable easy-to-site clean energy solutions are well-suited for utility-scale applications such as this project,” FuelCell Energy president and CEO Chip Bottone stated in the news release. Following this…

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