Breaks Categories: News

WednesdayMay 03, 2017 1:52 pm

NetworkNewsBreaks – SeeThruEquity Issues Coverage Update on Medical Transcription Billing, Corp. (NASDAQ: MTBC)

SeeThruEquity this week issued an update on Medical Transcription Billing, Corp. (NASDAQ: MTBC). The company recently pre-announced first quarter 2017 results with revenues of $8.2 million, a 60% increase over the same period in 2016. The growth has been primarily attributed to the recent acquisition of MediGain LLC, a Texas-based medical billing specialist, and its subsidiary, Millennium Practice Management Associates, LLC. The analyst noted that Aegis will update coverage following MTBC’s plans for an upcoming reverse stock split. For more information, visit www.mtbc.com About MTBC MTBC is a healthcare information technology company that provides a fully integrated suite of proprietary…

Continue Reading

WednesdayMay 03, 2017 11:19 am

NetworkNewsBreaks – Social Reality, Inc. (NASDAQ: SRAX) Announces Sale of Additional $1.28 Million of Secured Convertible Debentures

Internet advertising company Social Reality, Inc. (NASDAQ: SRAX) this morning announced that it has closed on the sale of an additional $1.28 million of 12.5% senior secured convertible debentures under the same terms as the previously announced financing. Giving effect to the first closing of this offering on April 21, 2017, SRAX issued and sold an aggregate of $5,000,000 principal amount of debentures convertible at $3.00 per share and Series A Warrants to purchase 833,337 shares of its Class A common stock at $3.00 per share. “With the final closing, we've successfully completed the financing, bringing net proceeds of approximately…

Continue Reading

TuesdayMay 02, 2017 2:45 pm

NetworkNewsBreaks – Player’s Network, Inc. (PNTV) Launches Marijuana Accelerator Division

Diversified holding company Player’s Network, Inc. (OTCQB: PNTV) today announced the launch of a new division called Marijuana Accelerator following its acquisition of Marijuana Incubator. The launch of Marijuana Accelerator is part of PNTV’s overall strategy to gain market share by developing a national footprint in the legal medical marijuana industry. “The marijuana industry is lacking much-needed accelerator and incubator-style mentoring organizations, and we are pleased to present our unique solution to meet this need,” Brett H. Pojunis, member of PNTV’s board of directors, stated in today’s news release. “There is a lot of excitement in this industry. It reminds…

Continue Reading

TuesdayMay 02, 2017 12:46 pm

NetworkNewsBreaks – ProBility Media Corp. (PBYA) Releases 2017 Electrician Training Materials Series

Education technology company ProBility Media Corp. (OTCQB: PBYA) today announced that its publishing arm, Brown Technical Publications, has achieved an industry first with the release of its 2017 electrician training materials series for both journeyman and master’s electrician exam preparation programs. “We are the first publisher to release both a journeyman and master's related course individualized to over 38 states,” Noah Davis, president and COO of ProBility, stated in the news release. “Brown Technical Publications now publishes and distributes over 180 titles in seven different trade categories including electrical, pipe fitting, sheet metal, instrumentation, crane, rigging and HVAC. Distribution and…

Continue Reading

TuesdayMay 02, 2017 12:09 pm

NetworkNewsBreaks – ORHub, Inc. (ORHB) Appoints Dr. Cyrus Olsen as New Chief Operating Officer

Health care software-as-a-service company ORHub, Inc. (OTC: ORHB) today announced the appointment of Dr. Cyrus Olsen, Ph.D. as the company’s new chief operating officer. Olsen brings more than 25 years of experience in IT, operations, organizational infrastructure, marketing and finance to the ORHub team, which is currently focused on facilitating growth strategies and scaling its operations. “Dr. Olsen will be responsible for creating the execution roadmap and scaling the organization,” Colt Melby, CEO of ORHub, stated in the news release. “His expertise in building software platforms and organizational services will add significant depth to the company and position us for…

Continue Reading

TuesdayMay 02, 2017 10:23 am

NetworkNewsBreaks – Social Reality, Inc. (NASDAQ: SRAX) Schedules First Quarter 2017 Conference Call for May 15

Internet advertising company Social Reality, Inc. (NASDAQ: SRAX) this morning announced plans to host a conference call to discuss its first quarter 2017 results at 1:30 pm PT on May 15, 2017. SRAX co-founder and CEO Christopher Miglino will join CFO J.P. Hannan to provide an operational and financial summary of the three-month period, while co-founder and Chief Innovations Officer Erin DeRuggiero will discuss SRAXmd and provide a supplemental presentation. To access the conference call, interested parties should dial (888) 503-8169 from the United States and Canada or (719) 325-2144 from international locations, using passcode 7422827. For those unable to…

Continue Reading

TuesdayMay 02, 2017 9:58 am

NetworkNewsBreaks – Grey Cloak Tech, Inc. (GRCK) Announces Launch of ShareRails Software at Pacific Retail Capital Partners Mall

Grey Cloak Tech, Inc. (OTC: GRCK), through the recently-acquired ShareRails, Inc., this morning announced an agreement with Pacific Retail Capital Partners through which the breakthrough ShareRails technology has been launched at The Shops at South Town in Sandy, Utah. Leveraging ShareRails technology, visitors near and inside the shopping center will be able to search for products online and make immediate purchases from their mobile devices. “We were delighted to work directly with management and individual tenants at The Shops at South Town to discuss their specific needs, onboard their products, and immediately create substantial increases to their Online-to-Offline traffic,” Joseph…

Continue Reading

TuesdayMay 02, 2017 9:24 am

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Adds Summer Yun as CEO of CBD Biotechnology Co., Ltd.

Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced its appointment of Summer (XiangYang) Yun as chief executive officer of its CBD Biotechnology Co., Ltd. subsidiary, which it originally launched in March of this year. Yun brings over 25 years of marketing and branding experience to the CIIX team. As CEO of CBD Biotechnology, Yun’s initial focus will be the launch of the ‘CBD Magic Hemp Series’ cosmetic line, and he will also spearhead the company’s plan to import natural dietary supplements into China. “I am honored to be named as CEO of CBD Biotech,” Yun stated in this…

Continue Reading

MondayMay 01, 2017 11:36 am

NetworkNewsBreaks – Organovo Holdings, Inc. (NASDAQ: ONVO) Shares Nudge Higher on Collaboration to Develop 3D Bioprinted Tissues for VML Injury

Organovo Holdings, Inc. (NASDAQ: ONVO) shares are up 4% after the company announced a collaboration with the University of Virginia to develop 3D bioprinted tissues for volumetric muscle loss (VML) injury. In VML injuries, the muscle’s natural ability to regenerate cannot over power the severe damage, which results in lasting functional and cosmetic deficits. Currently, there are limited treatments offered for these patients. The research collaboration will be held at the laboratory of George J. Christ, Ph.D., professor of biomedical engineering and orthopaedic surgery at UVA. “Combining the expertise in muscle regeneration of Dr. Christ’s lab and University of Virginia…

Continue Reading

FridayApr 28, 2017 12:58 pm

NetworkNewsBreaks – Dryships, Inc. (NASDAQ: DRYS) Acquires One Modern Kamsarmax Drybulk Carrier, Takes Delivery of Newbuilding Aframax Tanker

DryShips (NASDAQ: DRYS) this morning said that is has entered into an agreement to acquire one 82,129 DWT Kamsarmax drybulk carrier built in 2014 from an unaffiliated third party. The company will use cash on hand to finance the total gross purchase price of approximately $24 million. DryShips anticipates taking delivery of this vessel during the second quarter of 2017. Additionally, the company said it has taken delivery from the yard of the previously announced 113,644 DWT newbuilding Aframax tanker. "We are very excited to have started taking delivery of our previously announced acquisitions and also continue to grow our…

Continue Reading