Breaks Categories: Stock Spotlights

WednesdayFeb 15, 2017 12:38 pm

NetworkNewsBreaks – TapImmune, Inc. (NASDAQ: TPIV) Receives Positive DSMB Safety Review for TPIV 200, Advances Phase 2 Trial

TapImmune (NASDAQ: TPIV) this morning said it has received a positive recommendation from an independent Data Safety Monitoring Board (DSMB) regarding the company’s lead cancer vaccine candidate, TPIV 200, to continue dosing triple-negative breast cancer (TNBC) patients in an ongoing phase 2 clinical trial. The planned safety review was conducted when enrollment was at 25 percent (20/80 patients). The four-arm trial is designed to test the safety, dosing level and optimal treatment regimen of TPIV 200 against TNBC cells. TapImmune will enroll the remaining patients at 12 clinical centers in the U.S., with enrollment completion targeted for the end of…

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WednesdayFeb 15, 2017 11:08 am

NetworkNewsBreaks – Sino-Global (NASDAQ: SINO) Shares Drop on News of $4.77M Registered Direct Offering

Sino-Global (NASDAQ: SINO) shares fell 21% after the company this morning announced that it has entered into definitive agreements with three institutional investors to purchase a total of $4.77 million of its common stock in a registered direct offering at $3.18 per share. The company, a non-asset based global shipping and freight logistic integrated solution provider, estimates that the net proceeds from the offering will be approximately $4.3 million after deducting estimated offering expenses and placement agent fees. Sino-Global will use the net proceeds of the offering for working capital and general corporate purposes. The offering is expected to close on or about February 21, 2017. To view the…

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WednesdayFeb 15, 2017 11:04 am

NetworkNewsBreaks – Qualstar Corp.’s (NASDAQ: QBAK) N2Power Division Receives $1.0M Order; Shares Rise

Shares of Qualstar (NASDAQ: QBAK) rose 14% this morning on news that the company’s N2Power Division has received a $1.0 million order from a significant gaming customer that's expected to ship over the next 12 months. The N2Power Division is engaged in the design and manufacture of compact and highly-efficient power supplies and provides standard, semi-custom and custom power solutions for many original equipment manufacturers (OEM) in various markets. “The inherent advantages of our power solutions provide OEM designers with valuable increased functionality while reducing thermal loads, cooling requirements and lowering operating costs through very high efficiency ratings,” N2Power’s director…

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TuesdayFeb 14, 2017 10:09 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Featured in Exclusive Audio Interview with NetworkNewsWire

Multifaceted financial news and publishing company NetworkNewsWire this morning announced the availability of a new audio interview with SinglePoint, Inc. (OTC: SING) CEO Greg Lambrecht. In the interview, which can be heard at http://NNW.fm/SING-interview-Feb-2017, Lambrecht gives prospective investors some insight into the company’s SingleSeed Payments subsidiary, which aims to offer electronic banking services to businesses operating in the burgeoning cannabis industry. With a total of 28 states currently allowing medicinal cannabis use, industry advocates expect banks to begin offering financial services to related businesses sooner rather than later, creating a potentially sizable opportunity for SinglePoint to capitalize on its early-mover…

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MondayFeb 13, 2017 10:33 am

NetworkNewsBreaks – Inventergy Global, Inc. (NASDAQ: INVT) Inks LOI with Approach Me, Inc.; Shares Higher

Inventergy Global (NASDAQ: INVT) shares are higher this morning on news that the company’s technology licensing subsidiary, Inventergy Innovations LLC, has entered into a letter of intent with Approach Me, Inc., a company that develops location-based mobile applications. Per the agreement, Inventergy will obtain commercialization rights to Approach Me's technology. Research and Markets, a market research firm, estimates the annual global market for location-based services to reach $34.8 billion by 2020, growing at over 22 percent annually. "Location-based mobile applications and services are high growth markets and we are excited to partner with Approach Me to monetize its unique innovations.…

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FridayFeb 10, 2017 3:55 pm

NetworkNewsBreaks – Newtek Business Services Corp. (NASDAQ: NEWT) at a Glance

Newtek Business Services (NASDAQ: NEWT), Your Business Solutions Company®, is an internally managed Business Development Company which, along with its controlled portfolio companies, provides a wide range of business services and financial products under the Newtek® brand to the small- and medium-sized business ("SMB") market. Since 1999, Newtek has provided state-of-the-art, cost-efficient products and services and efficient business strategies to over 100,000 SMB accounts across all 50 states to help them grow their sales, control their expenses and reduce their risk. Newtek and its portfolio companies' products and services include: business lending, SBA lending solutions, electronic payment processing, technology solutions…

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FridayFeb 10, 2017 12:36 pm

NetworkNewsBreaks – Jaguar Animal Health, Inc. (NASDAQ: JAGX) Merger with Napo Pharmaceuticals Creates Significant Revenue Opportunities

In a move that captures synergistic and revenue-generating benefits, Jaguar Animal Health (NASDAQ: JAGX) is merging with San Francisco-based Napo Pharmaceuticals, Inc. The merger of the two companies is expected to provide Jaguar with a significant prescription revenue stream from sales of Mytesi™, which is FDA-approved for the symptomatic relief of noninfectious diarrhea in human adults with HIV/AIDS on antiretroviral therapy. The estimated U.S. market potential for Mytesti™, which launched in October 2016, is approximately $100 million in gross annual sales; the companies forecast the product will generate approximately $7.0 million in net sales in 2017. The active pharmaceutical ingredient…

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FridayFeb 10, 2017 11:50 am

NetworkNewsBreaks – ITUS Corp. (NASDAQ: ITUS) Shares Surge on Extended Record Date for $12M Stock Rights Offering

Shares of ITUS (NASDAQ: ITUS) are higher after the company changed the Record Date for its current stock rights offering of up to $12 million to March 1, 2017. New shareholders will need to purchase ITUS common stock by February 24, 2017. The company said it intends to use proceeds from the offering to reduce its debt and for general working capital purposes, including the continued development of Cchek™. "We are changing the Record Date due to the recent increased level of interest in ITUS and because we are presenting at 3 major investor conferences over the next two weeks…

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FridayFeb 10, 2017 11:11 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Recent Share Price Increase in Interview on MoneyTV

Full-service mobile technology and marketing provider SinglePoint, Inc. (OTC: SING) this morning was announced as a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program about “money and what makes it happen.” To view the show, visit www.MoneyTV.net. In this week’s episode, SinglePoint CEO Greg Lambrecht discusses the company’s recent milestones, including a sustained PPS increase. “First of all, we’re really pleased with the volume of the stock and the price increase that’s stayed there,” Lambrecht noted in the interview. “The second thing is, we really had three goals: to pay…

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FridayFeb 10, 2017 10:32 am

NetworkNewsBreaks – National Waste Management Holdings, Inc. (NWMH) Continues Vertical Expansion, Meeting Industry Demand

National Waste Management Holdings, Inc. (OTC: NWMH) has converted its established line of services to address the need for construction and demolition (C&D) debris recycling. “With a strong dedication to Department of Environmental Protection standards and to the Sustainable Materials Management approach, National Waste Management Holdings focuses on reducing the volume of excessive waste by recycling several C&D materials. For this purpose, it has transformed its entire line of services to focus on recycling and has plans to set up a portable waste sorting line at its landfill this year, so as to increase recyclable rates. The company receives a…

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