Breaks Categories: Stock Spotlights

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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TuesdayMay 30, 2017 12:58 pm

NetworkNewsBreaks – Reopened Patent Case Sends ParkerVision, Inc. (NASDAQ: PRKR) Shares Higher

ParkerVision (NASDAQ: PRKR) shares are up 9% in mid-day trade after the radio-frequency technologies company said its request to lift the stay and reopen its patent infringement case against Apple (NASDAQ: AAPL), LG and Qualcomm (NASDAQ: QCOM) was granted by the Middle District of Florida. Additionally, the court ordered the parties to conduct a case management conference within 30 days and subsequently file a case management report within the 14 days following the conference. The company filed its request to reopen the case on May 4 after the International Trade Commission’s ruling to approve the company’s motion to terminate its…

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TuesdayMay 30, 2017 12:41 pm

NetworkNewsBreaks – Quest Management, Inc. (QSMG) Shares Skyrocket on Plans to Acquire Sanavida, Enter Telemedicine Market

Shares of Quest Management (OTC: QSMG) are up 84% mid-morning on news the company is negotiating to acquire Sanavida, which will provide Quest an entry point into the telemedicine market. Sanavida is a solution designed to provide uninsured individuals discounts to certain health care providers. The platform is available in both English and Spanish. A monthly subscription to Sanavida includes online consultation by a physician with no co-pay, discounted medical visits, prescriptions, diabetic supplies, counseling, and more. To view the full press release, visit: http://nnw.fm/Hk02g About Quest Management, Inc. Quest Management, Inc. provides an environment where its group of innovators,…

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FridayMay 26, 2017 1:33 pm

NetworkNewsBreaks – MagneGas Corp. (NASDAQ: MNGA) Issues Update On Client Growth

MagneGas (NASDAQ: MNGA) this morning provided an update on the status of the company’s client growth, including news that new client acquisitions for 2017 are paced to grow at the fastest rate in company history. Additionally, the average sales per client are growing at the fastest pace since MagneGas acquired Equipment Sales & Service Inc. (ESSI) in 2014. MagneGas and its subsidiary have increased their average revenues per client by 272% from 2014 to 2017. "When we acquired ESSI in 2014, we were optimistic that we could leverage the acquired customer base and an experienced sales team to demonstrate the…

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FridayMay 26, 2017 12:07 pm

NetworkNewsBreaks – Sino-Global (NASDAQ: SINO) Extends Strategic Partnerships with Two Chinese Logistics and Transportation Companies

Sino-Global Shipping America (NASDAQ: SINO) shares are up 13% after the company said it has signed two project agreements with Sinotrans Guangxi Co. and COSCO Beijing International Freight Co., Ltd. The project agreements are extensions of an initial strategic cooperation framework agreement and inland transportation agreement signed in December 2016. Per the agreements, Sino-Global will continue its efforts to convert commodity in-bulk shipments to containerization of the commodities shipped between China and the United States. The company will also manage all ground logistics and custom declaration services in the U.S. for Sinotrans Guangxi and COSFRE Beijing. "We believe there is…

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