Breaks Categories: News

WednesdayMay 10, 2017 9:23 am

NetworkNewsBreaks – SRAX (NASDAQ: SRAX) Introduces New Branding Initiative

Internet advertising company SRAX (NASDAQ: SRAX), formerly Social Reality, this morning announced its new brand, which aims to better reflect the company’s family of SRAX-branded products. “While our roots are in social media, the platform and tools we provide today automate brands' campaigns across all digital channels,” Chris Miglino, CEO and chairman of SRAX, stated in the news release. “Our new SRAX branding demonstrates the goal of our platform and tools to deliver a digital competitive advantage for brands to surpass the marketing challenges they face.” The company’s current products include SRAX Platform, a custom digital media management platform driven…

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TuesdayMay 09, 2017 12:52 pm

NetworkNewsBreaks – Player’s Network, Inc. (PNTV) Announces Launch of Expanded Shareholder Communications Campaign

Diversified holding company Player’s Network, Inc. (OTCQB: PNTV) today announced the launch of a new, expanded shareholder communications and investor relations campaign aimed at broadening the company’s visibility in the investment community and providing added transparency to its shareholders by offering insight into all current operations and future plans. Introduction of the new campaign follows a significant spike in shareholder inquiries related to PNTV’s transition from developmental-stage holdings into operational, particularly as it relates to the company’s entry into the booming legal marijuana industry. “We have spent the last few months obsessing over revolutionary methods to better communicate with our…

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TuesdayMay 09, 2017 12:13 pm

NetworkNewsBreaks – ORHub, Inc. (ORHB) Adds Sterilization Process Module to Existing Cloud-Based Platform

Health care software-as-a-service company ORHub, Inc. (OTC: ORHB) today announced that it is expanding its existing cloud-based platform and has scheduled, for mid to late Q2, pilot tests of its beta module for sterilization processing in the operating room. Notably, the company has identified a significant opportunity to improve data flow management for the sterilization of implant trays, addressing rising demand being driven by the growing volume of surgeries performed in the U.S. “The perioperative department using our ‘Operating Room Hub’ has engaged to save even more time and reduce costs by addressing non-value added activities in the Sterile Processing…

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TuesdayMay 09, 2017 9:16 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Set to Begin Onboarding ‘High Risk’ Merchant Accounts

Specialized holding company Singlepoint, Inc. (OTC: SING) this morning announced its entry into a new agreement enabling the company to start onboarding ‘high risk’ merchant accounts. “We are providing multiple solutions to the cannabis space and we are trying to do the same in the payments space as well,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “Being able to offer a payment solution to multiple different verticals gives the company a larger target market to tap into. We believe high risk is a huge opportunity and an underserved market at this point.” The new solution will offer…

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MondayMay 08, 2017 12:32 pm

NetworkNewsBreaks – Chanticleer Holdings, Inc. (NASDAQ: HOTR) Inks Deal with Franchisee for 8 Little Big Burger Locations in Southern CA; Shares Climb

Shares of Chanticleer Holdings (NASDAQ: HOTR) are up more than 37% mid-day after the owner and operator of multiple international and domestic restaurant brands said it has signed a multi-unit franchise deal with LBBIG LLC to open a minimum of eight Little Big Burger locations in Southern California by 2021. LBBIG is an owner and operator of more than 10 restaurants in the San Diego and Los Angeles markets. Additionally, the founder of LBBIG is a large investor in Chanticleer as a recent lead investor in the company's debenture private placement. "We are excited to expand Little Big Burger's presence…

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MondayMay 08, 2017 11:30 am

NetworkNewsBreaks – Amyris (NASDAQ: AMRS) Announces $95M Equity Financing, Debt-Reduction Strategy; Shares Down 30%

Industrial bioscience company Amyris (NASDAQ: AMRS) this morning announced a series of agreements for up to $95 million in equity financing, and detailed its ongoing initiative to reduce its debt by approximately $75 million. As separately announced, the financing commitment includes participation by Koninklijke DSM N.V., a global science-based company active in health, nutrition and materials. DSM will make an initial investment of $25 million on May 11, 2017, and may invest an additional $25 million in Amyris. DSM will gain one board seat upon the closing of each tranche. Amyris said the companies will enter into a development cooperation…

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MondayMay 08, 2017 11:27 am

NetworkNewsBreaks – DURECT Corp. (NASDAQ: DRRX) Shares Soar on $293M Development, Marketing Agreement with Novartis (NYSE: NVS)

Shares of DURECT Corp. (NASDAQ: DRRX) surged more than 30% in morning trade after the biopharmaceutical company announced a development and commercialization agreement with Sandoz AG, a division of Novartis (NYSE: NVS), for the development and U.S. marketing of POSIMIR®, DURECT’s non-opioid analgesic intended to provide up to three days of continuous pain relief after surgery. Per the agreement, DURECT will receive from Sandoz an upfront payment of $20 million, the potential for up to an additional $43 million in development and regulatory milestones, up to an additional $230 million in sales-based milestones, as well as  tiered double-digit royalty on product sales in the United States. "We…

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FridayMay 05, 2017 12:22 pm

NetworkNewsBreaks – Delta Technology Holdings (NASDAQ: DELT): Hike in Price of Solvent Byproduct Contributes to Sales Growth

Shares of Delta Technology Holdings (NASDAQ: DELT) are up 5% this morning after the company said the price of its solvent has quadrupled over the past 12 months. The solvent, which is one of the company’s principal byproducts, consists primarily of dichlorotoluene. Dichlorotoluene is used in the production of exterior wall coating and industrial glues. “Delta produces between 100 and 300 tons of solvent in OCT/PCT production process every month, and because it's a byproduct, we don't attribute a material cost to its production. As a result, sales of solvent not only contribute to revenue growth, but are also highly…

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FridayMay 05, 2017 12:18 pm

NetworkNewsBreaks – Eco Science Solutions, Inc. (ESSI) Inks LOI to Acquire Specialty Banking Operation; Shares Rise

Eco Science Solutions, Inc. (OTCQB: ESSI) shares are up more than 18% after the company this morning said it has signed a Letter of Intent (LOI) with Ga-Du Bank, Inc. for the purpose of acquiring full ownership of the bank in a stock and cash transaction. ESSI will operate the bank as a wholly owned subsidiary upon the closing of the transaction. Furthermore, the company will operate the financial banking division providing payment processing, cash management and financial services to its customers in the cannabis industry. "It has been our vision from day one that, in order to fully service…

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FridayMay 05, 2017 8:58 am

NetworkNewsBreaks – ABcann Global Corporation (ABCN:CA) Appoints W. Brett Wilson to Advisory Board

In a news release issued earlier this week, ABcann Global Corporation (ABCN:CA) announced the appointment of W. Brett Wilson to its advisory board in connection with the company’s acquisition of ABcann Medicinals Inc. Wilson brings extensive experience in financing and building early stage ventures to the Abcann Global team, having previously co-founded highly-regarded investment bank FirstEnergy in 1993. He is also a recognizable television personality known for his role as a “Dragon” on CBC’s award-winning Dragon’s Den program. “Mr. Wilson is a welcome addition to the Company’s Advisory Board,” Aaron Keay, CEO and director of ABcann Global, stated in the…

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