Breaks Categories: News

ThursdayJun 22, 2017 9:50 am

NetworkNewsBreaks – ORHub, Inc. (ORHB) Platform Featured in ‘Customer Stories’ Piece by Microsoft

Health care software-as-a-service company ORHub, Inc. (OTC: ORHB) was recently highlighted as part of a customer story created by tech giant Microsoft (NASDAQ: MSFT) covering the Hoag Orthopedic Institute (HOI). The informative piece gives readers some insight into HOI’s efforts to advance orthopedic care, particularly as they relate to ORHub, an innovative surgical resource management solution running on the Microsoft Azure platform and accessible in the operating room using a Microsoft Surface device. “With ORHub, HOI is improving teamwork, automating manual processes, and better understanding resource allocation in its spinal surgeries,” the article reads. Richard Lee, MD, an orthopedic surgeon…

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WednesdayJun 21, 2017 3:03 pm

NetworkNewsBreaks – Moleculin Biotech, Inc. (NASDAQ: MBRX) Reports Discovery of Metabolic Inhibitor with Potential to Treat Pancreatic Cancer; Shares Rise

Shares of Moleculin Biotech (NASDAQ: MBRX) are up more than 30% after the company said that WP1234, a metabolic inhibitor, is a positive drug candidate to be studied for the potential to treat pancreatic cancer. Pancreatic cancer is still considered mostly untreatable, so any improvement in treating this disease could symbolize a significant clinical benefit. "We have identified possible new properties of our compound WP1234, a modification to WP1122. In pre-clinical testing, WP1234 has shown improved drug characteristics when compared with WP1122 and a 20 to 50-fold greater ability to kill pancreatic cancer cell lines when compared with traditional inhibitors…

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WednesdayJun 21, 2017 3:00 pm

NetworkNewsBreaks – Grow Condos, Inc. (GRWC) Provides Positive Update on ‘Smoke on the Water’ at Lake Selmac

Grow Condos (OTCQB: GRWC) this morning provided an update on "Smoke on the Water" at Lake Selmac, the company’s resort designed to cater to and capitalize on the country's persistently increasing level of recreational marijuana acceptance. The company reports that the park is undergoing a series of alterations, including culturally diverse upgrades and added value services for patrons of the resort. Among the highlights of the park’s changing atmosphere are the delivery of its tee-pees for its Native American section, which also features yoga and other spiritually enhancing activities. "Smoke on the Water" has launched its own roll up development…

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WednesdayJun 21, 2017 11:29 am

NetworkNewsBreaks – ORHub, Inc. (ORHB) Announces Exercise Price for Series B and D Warrants

Health care software-as-a-service company ORHub, Inc. (OTC: ORHB) today announced a $0.50 exercise price for all of its Series B and D warrants. Per this morning’s news release, the exercise price will commence immediately and remain in place until all of the related warrants have been exercised or have reached their expiration date, currently set at December 31, 2017. If all of the Series B and D warrants are exercised, the company estimates that it will receive more than $5.5 million in additional proceeds with which to fund the launch of its innovative software platform into hospital chains located throughout…

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WednesdayJun 21, 2017 9:32 am

NetworkNewsBreaks – SkyFidelity, Inc. (SRMX) Announces Merger with Saddle Ranch Media, Inc.

SRMX/SkyFidelity, Inc. (OTC: SRMX) this morning announced its successful merger with Saddle Ranch Media, Inc., effective May 10, 2017. In connection with this merger, the company intends to file the necessary documents to change the operating name and symbol of Saddle Ranch Media, Inc. to SkyFidelity, Inc. with corresponding ticker symbol “SKYX.” Per this morning’s update, the company anticipates that completion of all of the documentation necessary for filing and registration of the new operating name and symbol will occur by June 27, 2017. In addition to these efforts, SRMX/SkyFidelity this morning announced its intention to retain the services of…

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WednesdayJun 21, 2017 9:00 am

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Teams with Payvision in Europe to Expand Access to Global Currencies

Net Element, Inc. (NASDAQ: NETE), through its PayOnline subsidiary, this morning announced the expansion of its list of integrations and partnerships in Europe through the addition of Payvision to its network of partners. Leveraging this partnership, PayOnline will gain an additional channel through which to route payments in Europe, effectively broadening the scope of its customers’ capabilities while supporting higher conversion rates and improved access to 120+ currencies globally. PayOnline’s work with Intui Travel, a website for searching and booking transportation online, demonstrates the potential benefits of the company’s partnership with Payvision. Per this morning’s news release, PayOnline was able…

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TuesdayJun 20, 2017 1:01 pm

NetworkNewsBreaks – Medical Robotics Maker Myomo, Inc. (NYSE: MYO) Trades on NYSE as First JOBS Act Regulation A+ Issuer

Myomo (NYSE MKT: MYO) is in its second week of trading on the NYSE, with shares moving in a range of $6.76-$23.19 thus far. The medical robotics company completed its crowdsourced initial public offering (IPO) on June 9, raising $5 million through the sale of 665,498 shares of its common stock, and, on June 16, it concluded its first week of trading by ringing the closing bell at the New York Stock Exchange in New York City. Myomo made history as the first Jumpstart Our Business Startups (JOBS) Act Regulation A+ issuer to trade on the NYSE MKT. To view…

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TuesdayJun 20, 2017 12:15 pm

NetworkNewsBreaks – ADOMANI, Inc. (NASDAQ: ADOM) Becomes First to IPO on NASDAQ Under the Jobs Act Regulation A+

ADOMANI (NASDAQ: ADOM) recently became the first Regulation A+ offering to trade its shares on the NASDAQ Capital Market. The ADOMANI offering was underwritten by Boustead Securities, LLC, and ranks as the second best-performing IPO of 2017 according to data compiled by StreetInsider.com. The provider of advanced zero emission vehicle solutions saw its share price climb 92% to $9.60. The company, along with certain stockholders, sold a total of 2,852,275 shares in the offering at $5 per share, for a total of approximately $14.3 million. “This capital raise is a milestone achievement that will allow us to grow quickly and…

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TuesdayJun 20, 2017 9:29 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Secures Funding to Drive Development of Bitcoin Payment Solution

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced that it has successfully closed a $1 million company-friendly convertible promissory note with an institutional investor. Per the update, the company intends to use this funding to execute on its previously announced bitcoin payments solution, which it is developing in partnership with First BitCoin Capital (OTC: BITCF). “This is great timing for SinglePoint. We have many acquisitions deals in the pipeline, and access to this capital will exponentially increase the chances of getting these done,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “In addition, we have many…

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TuesdayJun 20, 2017 8:58 am

NetworkNewsBreaks – ProBility Media Corp. (PBYA) Records 253% YOY Revenue Growth for 2Q17

Education technology company ProBility Media Corp. (OTCQB: PBYA) this morning announced its financial results for the fiscal second quarter ended April 30, 2017. Among the highlights, the company recorded revenues of $1,840,647 for the three-month period, marking an increase of 253 percent over the second quarter of 2016. Notably, this year-over-year growth represents the fourth straight quarter in which ProBility has recorded increasing revenues. “We are extremely proud of our incredibly talented team that continues to deliver sequential revenue growth and record sales,” Evan Levine, Noah Davis and Steven Plumb, executive management team members of ProBility, noted in a joint…

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