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TuesdayDec 06, 2016 1:09 pm

NetworkNewsBreaks – Recon Technology (RCON) Oilfield Wastewater Treatment Device Granted Patent

Recon Technology, Ltd. (NASDAQ: RCON) is trading higher this morning on news that it has been granted a patent by China's State Intellectual Property Office for its proprietary Oilfield Wastewater Treatment Device. The company has developed the Oilfield Wastewater Treatment Device to improve the effectiveness of water treatment and to reduce infrastructure investment and operating costs for oil companies. The patented device can separate the sewage sludge and oil pollution from crude oil while also producing water that is qualified for other oil-company projects. The company said it is also applying for several other patents designed to facilitate removal of…

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TuesdayDec 06, 2016 1:07 pm

NetworkNewsBreaks – MJP International (MJPI) Shares Skyrocket on Energy Alliance Labs Acquisition

Shares of MJP International (OTC: MJPI) are up nearly 90% on word that the company has acquired 80% of the issued shares of Human Energy Alliance Laboratories Corp. ("HEAL") through its wholly-owned subsidiary, Energy Alliance Labs, Inc. MJP has appointed Liao Zu Guo as CEO and CFO of the newly-acquired asset, which offers a variety of green energy solutions including wind and solar installations that it markets and sells online for both commercial and residential customers. "We are very pleased with this acquisition which we will use as a stepping stone into the green energy market which is growing at…

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MondayDec 05, 2016 4:02 pm

NetworkNewsBreaks – Avid (AVID) Names New Chief Financial Officer

Avid® (NASDAQ: AVID) this morning named Brian E. Agle as its newly-appointed senior vice president and chief financial officer, effective December 12, 2016. Agle will oversee the global finance and accounting organization, as well as the corporate development and investor relations functions. “Brian is a seasoned financial executive with extensive experience leading global financial organizations in technology and software businesses with a history of leading and completing business transformations, and a strong discipline in cost and cash management… His experience in enterprise software and recurring revenue models such as SaaS business models makes him an ideal fit as Avid increasingly shifts…

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FridayDec 02, 2016 1:53 pm

NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Trades Higher on Acquisition of International Paper Contracts

Sugarmade (OTC: SGMD) shares are up 34% after announcing its acquisition of international paper contracts from the Vietnamese company Bao Coc International Paper and Plastics Ltd. Per the agreement, Sugarmade will assume contracts for international paper products bound for delivery into the U.S. in exchange for five million restricted shares, issued to Bao Coc. Sugarmade said it anticipates this acquisition to boost its annual revenue production by approximately $500,000 to $600,000. Sugarmade expects the asset acquisition to close this month. "These contracts are important not only relating to the revenue boost we will receive, but also relating to cost reductions…

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ThursdayDec 01, 2016 3:31 pm

NetworkNewsBreaks – Mymetics (MYMX) Shares Skyrocket on Agreement with Sanofi for Flu Vaccines Research Project

Shares of Mymetics (OTCQB: MYMX) are up more than 400% after the company announced an agreement between its Mymetics B.V. subsidiary and Sanofi Pasteur, the vaccine division of Sanofi (NYSE: SNY). The two companies will start a research project to investigate the immunogenicity of influenza vaccines based on Mymetics' proprietary virosome technology platform in pre-clinical settings. Mymetics said the successful completion of this project could result in an additional, more extensive collaboration with Sanofi in the future. To view the full press release, visit: http://nnw.fm/Guk0W About Mymetics Mymetics Corp. (OTCQB: MYMX) is a Swiss-based biotechnology company, with a Research Lab…

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ThursdayDec 01, 2016 11:56 am

NetworkNewsBreaks – GainClients, Inc. (GCLT) Well-paced in Rapidly Changing Real Estate Industry

The GCard integrated networking system by GainClients provides stress-free communication between real estate professionals and their clients, tapping into consumer demand for convenience and efficiency. “As the entire real estate industry is changing fast, with the advent of technology and enhanced interconnectivity set to significantly alter the sector’s business customs, GainClients, Inc. (OTC: GCLT) is staying ahead of the curve with its GCard networking system (http://nnw.fm/R5Pkp), which is designed to help real estate professionals better connect and communicate with their customers. With a growing number of real estate customers opting for online and mobile real estate solutions, GCard is a…

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ThursdayDec 01, 2016 11:53 am

NetworkNewsBreaks – Net Element, Inc. (NETE) Provides Peace of Mind with Secure Mobile Payment Solutions

Net Element offers both Unified Payments and PayOnline to ensure each user’s information is secure, while also providing convenience for both the business and consumer. “According to The Financial Brand (http://nnw.fm/cLuQ3), research found that 47% of mobile payment users stopped using the system due to concerns over losing financial data … In addition, over 50% of users who tried the systems once or twice were more likely to stop because of security concerns…With this in mind, many companies are making efforts to ensure their solutions are more secure than ever. Net Element, Inc. (NASDAQ: NETE), a global technology-driven group specializing…

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WednesdayNov 30, 2016 1:24 pm

NetworkNewsBreaks – West Texas Resources, Inc. (WTXR) Shares Climb on Acquisition South Texas Oil and Gas Leases

West Texas Resources (OTCQX: WTXR) is trading higher after the oil and gas company said it has acquired six oil and gas leases in South Texas. The leases are located in Caldwell, Gonzales, Jim Wells, and Wilson Counties, Texas and are producing 10 BOPD with some shut in gas. The company acquired the properties for stock from an independent oil and gas producer that is ridding of its assets. Company CEO William Sawyer says the transaction is "keeping with our plan of acquiring assets which have the potential for improvement of current wells and with underlying potential." To view the…

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WednesdayNov 30, 2016 1:22 pm

NetworkNewsBreaks – Quantum Materials Corp. (QTMM) Ships High-Performance Sample Sets; Obtains up to $9.75M Financing

Quantum Materials (OTCQB: QTMM) this morning said that it is shipping samples of high-performance cadmium-free quantum dots - an eco-friendly material that enables energy efficient, ultra-bright displays with a significantly expanded array of color - to display film manufacturers. The company also announced that it recently entered into a $9.75 million common stock purchase agreement and registration rights agreement with an existing investor. A detailed description of the agreements can be found on the company’s Form 8-K filed with the SEC on November 8, 2016. To view the full press release, visit: http://nnw.fm/2eXor About Quantum Materials Corp. Quantum Materials Corp…

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WednesdayNov 30, 2016 1:21 pm

NetworkNewsBreaks – SuperCom (SPCB) Shares Higher on $4.5M Electronic GPS Tracking and Monitoring Project

Following a formal bidding process, SuperCom (NASDAQ: SPCB) has been selected by a new Asian national government customer to deploy an electronic GPS tracking and monitoring turn-key system. The company expects this program to begin by GPS tracking and monitoring of several thousands of units simultaneously, with the potential to expand through additional modules in value ranging from $1 million to $4 million in the next three months. SuperCom said it expects to complete the deployment by the end of Q2 2017, and achieve revenue of over 80% of the contract value within six months of contract signing. To view…

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