Breaks Categories: News

MondayOct 24, 2016 10:36 am

PositiveID Corporation (PSID) Shares Surge on Average Monthly Sales Hike

PositiveID (OTCQB: PSID) this morning reported increased monthly sales of its FDA-cleared non-contact thermometer, driving shares 47% higher in early trade. The life sciences company said that Q2 and Q3 sales of its Caregiver® thermometer increased roughly 60% compared to Q1 among accounts served by Vizient, Inc., the largest member-driven health care performance improvement company in the country, during its National Group Buy Program. To view the full press release, visit:  http://nnw.fm/wVKD8 About PositiveID Corporation PositiveID Corporation is a life sciences tools and diagnostics company with an extensive patent portfolio. PositiveID develops biological detection and diagnostics systems, specializing in the…

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FridayOct 21, 2016 12:52 pm

Inventergy Global, Inc. (INVT) Regains Listing Requirement, Pushing Shares Higher

Inventergy Global (NASDAQ: INVT) is trading 5% higher Friday mid-day after the intellectual property company announced its compliance for listing on Nasdaq. After completing its recent $6 million offering, Inventergy's stockholders' equity exceeded Nasdaq's minimum requirement of $2.5 million. The company was also required to submit, by October 15, 2016, certain financial information including a plan of compliance through the rest of 2016 and 2017. Nasdaq accepted the plan submitted by Inventergy and has since confirmed the company's compliance. To view the article, visit: http://nnw.fm/hV6mD About Inventergy Global, Inc. Inventergy Global, Inc. is a Silicon Valley-based intellectual property company dedicated…

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FridayOct 21, 2016 12:50 pm

MassRoots, Inc. (MSRT) Raises $5M, Marking Company Milestone

MassRoots (OTCQB: MSRT) shares climbed 7% Friday morning following the company’s announcement that it has completed its $5.0 million equity offering under its Registration Statement, declared effective by the SEC in August. The company said the offering provides its largest cash on hand in its corporate history and that “these funds are sufficient for the Company to reach cash-flow positive and to scale our commercialization efforts to a much wider audience.” To view the full press release, visit: http://nnw.fm/m9U7T About MassRoots MassRoots is one of the largest and most active technology platforms for cannabis consumers, businesses and activists with over…

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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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