NetworkNewsBreaks

FridayMar 13, 2020 2:32 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) Launches Hand Sanitizer Infused with Hemp Seed Oil

SinglePoint (OTCQB: SING) today announced the launch of Klen Hands. Customers can subscribe and preorder now, and shipments are expected to leave the company’s Carlsbad facility in approximately 10 business days. There is a limited supply, which the company anticipates will sell out quickly. The hand sanitizer has 62% ethyl alcohol to keep hands “klen” (clean), as well as hemp seed oil to keep hands soft and hydrated. “We are working to develop solutions for both product and technology in order to assist in the effort of combating COVID-19. As many people know our company has deep ties to the…

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FridayMar 13, 2020 2:06 pm

NetworkNewsBreaks – Ideanomics, Inc. (NASDAQ: IDEX) Posts Update on Treeletrik Subsidiary

Ideanomics (NASDAQ: IDEX) recently provided an update on its Malaysia-based Treeletrik subsidiary’s expansion plans. In 2019 Ideanomics acquired 51% ownership in the holding companies of Treeletrik. Among other highlights, the company reported that the leasehold of land graded for development at the 250-acre site at Gebeng Industrial Estate in Kuantan, Pahang Darul Makmur, has been upgraded to title holder to offer Treeletrik flexibility with the development. The assessed value of the land is approximately 100 Million ringgit or $25 million. Treeletrik intends to bring in various China-based manufacturing partners to help round out the EV offerings under the Treeletrik brand.…

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FridayMar 13, 2020 1:25 pm

NetworkNewsBreaks – Jerrick Media Holdings Inc.’s (JMDA) Vocal Platform Generates Value for Creators, Brands and Readers

Jerrick Media Holdings’ (OTCQB: JMDA) exclusive platform for digital creators, Vocal, has formed a strong virtuous cycle intended to support and reward creators, brands and readers alike. A recent article discussing the company reads, “At the core of Jerrick’s virtuous cycle is the company’s commitment to and understanding of virtuous ecosystems, a concept that Harvard Business Review (http://nnw.fm/K44Jc) describes as ‘perhaps the single most important algorithmic distinction between ‘born digital’ enterprises and legacy companies… a clear real-time commitment to delivering accurate, actionable customer recommendations.’ . . . ‘Recommendation engines (or recommenders) force organizations to fundamentally rethink how to get greater…

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FridayMar 13, 2020 1:15 pm

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Implements Growth Strategy for 2020

Digital-marketing and consumer-data-management technology company SRAX (NASDAQ: SRAX) CEO Chris Miglino recently discussed the company’s strategy for 2020 in an exclusive interview with NNW’s Stuart Smith (http://nnw.fm/9JOi4). An article discussing the company reads, “Miglino pointed out that the year has already started strong as SRAX announced in January that it partnered with Experian to offer financial services to BIGtoken users (http://nnw.fm/MDec1), a deal that Miglino expects to be a big revenue generator both for SRAX and Experian. . . . Speaking about SRAX’s outlook for 2020, Miglino said that the company established powerful partnerships with both publishers and marketers to…

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FridayMar 13, 2020 12:27 pm

NetworkNewsBreaks – Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Aims to Profit from Growing Electric Vehicle Supply Chain in Asia

Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE), formerly Pacific Rim Cobalt Corp., announced its name change on February 24, a move that aligns with the company’s plan to capitalize on the booming electric vehicle industry throughout Asia. A recent article discussing the company reads, “‘Rebranding the  company is an important step in our emergence as a resource developer in Asia’s expanding electric vehicle supply chain,’ CEO Ranjeet Sundher stated in a news release announcing the name change (http://nnw.fm/H9Lj0). ‘The company remains focused on acquiring and developing production-grade, battery-metal projects within the Asia-Pacific region, while employing a vertically integrated ‘mineral-to-market’…

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FridayMar 13, 2020 12:26 pm

NetworkNewsBreaks – Akebia Therapeutics, Inc. (NASDAQ: AKBA) Featured in Mizuho Securities Research Report

Akebia Therapeutics, Inc. (NASDAQ: AKBA) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “Akebia reported FY19 earnings yesterday. 4Q19 EPS was $(0.79) vs. Factset Consensus of $(0.47), and FY19 EPS was $(2.36) vs. FactSet Consensus of $(2.07). We do not see earnings as the most important value driver for Akebia at this stage. Importantly, the company remains on track to report Phase 3 data from vadadustat in 2Q20, and mid-2020. We expect investors will pay close attention to the data, including safety and efficacy compared to standard of care. We believe…

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FridayMar 13, 2020 12:18 pm

NetworkNewsBreaks – Satsuma Pharmaceuticals, Inc. (NASDAQ: STSA) Featured in Mizuho Securities Research Report

Satsuma Pharmaceuticals, Inc. (NASDAQ: STSA) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “Satsuma reported better-than expected 4Q19 EPS loss of ($0.62) vs our ($0.79), driven by lower OpEx of $11M vs our $15M. However, we believe earnings numbers are not meaningful at this stage of its development. We continue to like STSA, believing STS101 remains underappreciated, and we like its strong cash position exiting 2019 that should take it to the end of 2021, which should shield it from needing to find additional funding in a potentially worsening capital markets…

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FridayMar 13, 2020 12:16 pm

NetworkNewsBreaks – Champignon Brands Inc. (CSE: SHRM) Revolutionizing Traditional Organic Tea

Champignon Brands (CSE: SHRM), a wellness company specializing in the formulation and distribution of a suite of medicinal mushroom-infused products, is revolutionizing the traditional organic tea theory with its Vitality SuperTea offerings. A recent article discussing the company reads, “SHRM is building a reputation as a leader in the burgeoning craft mushroom vertical space. The company’s flagship brand — Vitality SuperTeas — offers a line of proprietary teas formulated with the goal of revolutionizing conventional organic tea through the infusion of a proprietary blend of artisanal mushrooms with medicinal properties. . . . Each of Champignon’s Vitality SuperTeas (http://nnw.fm/3FmSO) is…

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FridayMar 13, 2020 12:10 pm

NetworkNewsBreaks – Sage Therapeutics, Inc. (NASDAQ: SAGE) Featured in Mizuho Securities Research Report

Sage Therapeutics, Inc. (NASDAQ: SAGE) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “Sage Therapeutics remains a controversial stock, with investors debating the regulatory path for zuranolone (SAGE-217). We continue to assume a 2023 launch in major depressive disorder as we expect Sage to do more dosing work and conduct at least one new Phase 3 trial. We present here proprietary analyses that further illustrate our view that differences seen with the 30mg dose in Phase 2 and Phase 3 were not simply due to chance, even if we exclude non-compliant…

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FridayMar 13, 2020 11:59 am

NetworkNewsBreaks – Xeris Pharmaceuticals, Inc. (NASDAQ: XERS) Featured in Mizuho Securities Research Report

Xeris Pharmaceuticals, Inc. (NASDAQ: XERS) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “Xeris reported 4Q19 earnings yesterday. 4Q19 EPS of $(1.23) was below FactSet consensus of $(1.13). Revenue of $1.9 mil beat our estimate of $0.8 mil. In our opinion, revenue and revenue growth trajectory are likely the dominant metrics that investors judge Xeris by during 2020. The company launched the Gvoke pre-filled syringe (PFS) during 4Q19. Early product feedback from doctors has been positive, which matches the responses on our proprietary doctor calls. Furthermore, the commercial launch of the…

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