Breaks Categories: Stock Spotlights

ThursdayJun 08, 2017 1:21 pm

NetworkNewsBreaks – Grey Cloak Tech (GRCK) Enables Integration of Brick-and-Mortar and E-Commerce Omni-Channel Shopping

Now a dual-faceted company following its March 2017 takeover of ShareRails and its cloud-based software, Grey Cloak Tech (OTC: GRCK) is poised to play a significant role as major retailers seek to successfully integrate their physical stores with e-commerce to keep stride with the changing retail market. The proprietary software offered through ShareRails presents a promising solution in the battle of brick-and-mortar stores versus online companies, enabling storefront merchants to compete in the omni-channel shopping world and drive business to their physical locations through the use of e-commerce tools. “ShareRails’ proprietary software could be a key element in the survival…

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WednesdayJun 07, 2017 3:31 pm

NetworkNewsBreaks – Cerus Corp. (NASDAQ: CERS) Says FDA Decision Could Minimize Potential PAS Supply Disruption; Shares Higher

Shares of Cerus Corp. (NASDAQ: CERS) are up 11.2% after the biomedical products company said an expected shortage of Fresenius Kabi platelet additive solution (PAS) could be less disruptive to blood center production of INTERCEPT platelets thanks to a key decision by the FDA. The agency is reviewing a recent submission by Fresenius Kabi as a Changes Being Effected in 30 Days (CBE-30) supplement to address some changes in raw materials used by the manufacturer of the PAS container.  CBE-30 allows ongoing distribution of the product during the review period, which could minimize impact. “We are cautiously optimistic that a…

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WednesdayJun 07, 2017 3:13 pm

NetworkNewsBreaks – Player’s Network (PNTV) Shares Continue Two-Day Streak, Set Second New High this Week

Shares of Player’s Network (OTCQB: PNTV) are up 7% at $0.10 near market close, moving on volume of 5.83 million and setting a new 52-week high for the third time since last Friday. On June 2, PNTV announced (http://nnw.fm/2s34T) that its majority owned Green Leaf Farms subsidiary had completed the first phase of construction for its marijuana cultivation and production facility in North Las Vegas. This achievement was preceded by news earlier in the week that Green Leaf received two Nevada state-issued recreational marijuana licenses, as well as medical marijuana licenses (http://nnw.fm/9XLst). PNTV said the licenses create another revenue stream…

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WednesdayJun 07, 2017 10:15 am

NetworkNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Pursues Clinical Trials of Cannabis-Based Combination Therapies with Assistance of New Advisor

India Globalization Capital (NYSE MKT: IGC) recently named Craig Cheifetz, M.D. as an advisor to assist the company with its clinical trials in microbiology, immunology, neuroscience and biotechnology. IGC CEO Ram Mukunda stated in a news release that the company looks forward to Dr. Cheifetz’s contributions as IGC moves forward in the development of unique cannabis combination therapies. “The company anticipates clinical trials in 2017 for several indications, including pain, a huge market. IGC has already filed for six patents in areas such as eating disorders and epilepsy, in addition to pain. It is working on several more filings for…

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TuesdayJun 06, 2017 3:22 pm

NetworkNewsBreaks – Player’s Network, Inc. (PNTV) Rips to New 52-Week High on Quadruple Volume following Series of Corporate Milestones

Shares of Player’s Network (OTCQB: PNTV) are up 25% in today’s late trade, clipping a new 52-week high of $0.093 and moving on volume of 11.91 million – four times the 30-day moving average of 2.78 million. Today’s performance eclipses the 52-week high of $0.075 set at market close on June 2 and continues several days of rallies fueled by a string of corporate achievements. On May 30, PNTV said it received (http://nnw.fm/8AbNW) its medical marijuana licenses, enabling the company to start operations in its 27,000-square-foot facility in North Las Vegas and pushing the stock to the sixth-highest volume on…

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TuesdayJun 06, 2017 11:32 am

NetworkNewsBreaks – NII Holdings, Inc.’s (NASDAQ: NIHD) AINMT Partnership Sends Shares Soaring on Heavy Volume

Shares of NII Holdings (NASDAQ: NIHD) are up more than 40% mid-day on volume of 12.21 million, roughly three times the average 5-day volume, on word the mobile communication services provider has partnered with AINMT Holdings AB ("AINMT"), an international telecommunications company and parent of the Norwegian operator ice, to jointly own and operate Brazilian mobile telecommunications company Nextel Brazil. Per the agreement, AINMT will invest $50 million for a 30% stake in Nextel Holdings S.à r.l. (the "Company"), a wholly owned subsidiary of NII and owner of Nextel Brazil. AINMT has the option to invest an additional $150 million…

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MondayJun 05, 2017 12:47 pm

NetworkNewsBreaks – Pain Therapeutics, Inc. (NASDAQ: PTIE): $1.7M Grant from NIH Supports Study of Alzheimer’s Candidate

Pain Therapeutics (NASDAQ: PTIE) is trading higher on word the biopharmaceutical company has received from the National Institutes of Health (NIH) a $1.7 million research grant to study PTI-125, a drug candidate, in Alzheimer’s disease. With this grant, Pain Therapeutics can begin testing PTI-125 in human subjects. The company said it is on track to file an Investigational New Drug (IND) application in the third quarter of 2017. "We are once again grateful to the NIH for its support of our research program around PTI-125," Pain Therapeutics chairman, president and CEO Remi Barbier stated in the news release. "NIH has…

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MondayJun 05, 2017 10:58 am

NetworkNewsBreaks – ImageWare Systems, Inc. (IWSY) Expands Market Reach in North America with Info X Distribution Agreement

ImageWare Systems (OTCQB: IWSY), a provider of mobile and cloud-based, multi-modal biometric identity management solutions, this morning said it has entered into an agreement in which Info X Distribution will market and resell ImageWare’s GoVerifyID Enterprise Suite and SaaS solutions. "Our partnership with Info X Distribution broadens our reach to thousands of additional resellers as Info X will actively market our GoVerifyID suite of products throughout North America. We look forward to providing multi-modal biometrics to their diverse network of existing and prospective customers," ImageWare chairman and CEO Jim Miller stated in the news release. To view the full press…

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ThursdayJun 01, 2017 12:41 pm

NetworkNewsBreak – Player’s Network, Inc.’s (PNTV) Green Leaf Subsidiary Receives Two Nevada Recreational Marijuana Licenses

Player’s Network (OTCQB: PNTV) has received its recreational marijuana licenses, issued by the State of Nevada, which permits the company to supply recreational marijuana products to retail dispensaries based in the state. The company’s achievement comes two days after the company said it received two state-issued medical licenses to operate its 27,000-square-foot facility in North Las Vegas. Green Leaf Farms Holdings, LLC, the company’s subsidiary, has now met all requirements to begin selling to the recreational market and is anticipated to be able to distribute marijuana to Nevada dispensaries with the new licenses as soon as July 1, 2017. "Qualifying…

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TuesdayMay 30, 2017 1:08 pm

NetworkNewsBreaks – Player’s Network, Inc. (PNTV): New Medical Marijuana Licenses Enable the Start of Cultivation and Production Operations

Player’s Network (OTCQB: PNTV) today achieved a corporate milestone as it received its medical marijuana licenses that permit the company to commence operations in its 27,000-square-foot facility in North Las Vegas. The company’s plans to become fully operational include activating the core processes necessary to commence cultivation and production operations. Green Leaf Holdings, the company’s subsidiary, is set to begin planting this week under its Cultivation License. “This has been a long journey through the mountains of paperwork and regulatory requirements to become fully compliant. Now we can finally put our plan into place and focus on developing amazing brands…

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