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FridaySep 29, 2017 2:41 pm

NetworkNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Achieves $43M in Working Capital, Eyes Substantial Production Capacity Increase for 2018

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF), a manufacturer and distributor of medical cannabis in Canada, announced on August 29 (http://nnw.fm/Wk1ly) the achievement of working capital in the amount of $43 million from multiple financings, including strategic partnerships and private placements, during the six months ended June 30, 2017. During that period, ABcann recorded revenues of C$264,319, compared with $21,465 during the same period of 2016. For the six-month period ended June 30, the company’s revenues were $436,802, as compared with $21,840 for comparable period of the previous year. An article further discussing this reads: “ABcann’s first quarter as a…

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FridaySep 29, 2017 2:38 pm

NetworkNewsBreaks – Zogenix, Inc. (NASDAQ: ZGNX) Shares Soar on Positive Phase 3 Trial of ZX008; Reaffirmed with ‘Buy’ Rating at Mizuho

Shares of Zogenix, Inc. (NASDAQ: ZGNX) clipped a new 52-week high earlier today after the company said its ZX008 for Dravet Syndrome (DS) met its primary endpoint in a phase 3 trial. ZX008 is designated as an orphan drug in both the U.S. and Europe, and it has received Fast Track designation in the U.S. for the treatment of DS. “On behalf of everyone at Zogenix, I would like to extend my sincere appreciation to the patients, families and investigators involved in this study. We are extremely pleased with the top-line efficacy and safety results from Study 1 which reinforce the…

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FridaySep 29, 2017 12:00 pm

NetworkNewsBreaks – Mizuho Securities Reiterates ‘Buy’ Rating on Achaogen, Inc. (NASDAQ: AKAO)

Mizuho Securities USA LLC has reiterated its ‘Buy’ rating and price target of $28 on shares of Achaogen, Inc.’s (NASDAQ: AKAO) stock after the company yesterday said that it has been awarded a contract valued at up to $18 million in funding from the Biomedical Advanced Research and Development Authority (BARDA). The funding will support the development of C-Scape, Achaogen’s product candidate being developed to treat serious bacterial infections due to extended spectrum beta-lactamase (ESBL)-producing Enterobacteriaceae. The BARDA contract comprises of $12 million of funding through a nine-month base period and additional option periods worth around $6 million. The analyst…

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FridaySep 29, 2017 9:28 am

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Selected as Premier Sponsor of Tommy Chong’s Blazer’s Cup

PotNetwork Holding, Inc. (OTC: POTN) this morning announced that its Diamond CBD subsidiary has been selected as an exclusive premier sponsor of Tommy Chong’s Blazer’s Cup, a large cannabis festival set to take place beginning on December 2, 2017, in San Bernardino, California. PotNetwork will be joined in the sponsorship by partner Dank City, LLC, a leading social and digital media platform for medical cannabis patients and businesses. Since its start as a grass roots cannabis publication in 2010, Dank City as amassed an impressive 50 million social media followers, and it expects to build on this rapid growth following…

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ThursdaySep 28, 2017 1:39 pm

NetworkNewsBreaks – Marijuana Company Of America (MCOA) and Global Hemp Group (GBHPF) Engage Space Cowboys to Advise on Hemp Cultivation JV in New Brunswick

Marijuana Company Of America (OTC: MCOA) and Global Hemp Group, Inc. (CSE: GHG) (OTC: GBHPF) said today that the companies have engaged Space Cowboys, Inc. for an advisement role on the companies’ joint venture project in New Brunswick. Space Cowboys will assist the companies in maximizing cannabinoid production as the group increases cultivation operations in New Brunswick in the coming years. Additionally, MCOA and GHG intend to attain further hemp varieties that perform well under the conditions of New Brunswick and expand to at least 125 total acres for the 2018 cultivation. The companies are also preparing for the upcoming…

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ThursdaySep 28, 2017 1:06 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on September 28, 2017

Here is a list of stocks shaking up the markets today, with particular focus on NASDAQ and OTC small caps. The top gainers based on percentage: PBYA 13.32% – News: Posts fiscal Q3 2017 financial results GMBL 9.78% – News: Inks affiliate marketing agreement with Better Collective SKYS 9.28% – News: Posts financial results for the first half of fiscal 2017 CATB 8.74% – News: Presenting at the 22nd International Congress of the World Muscle Society on October 5 EARS 7.80% – News: Receives approval to list on Nasdaq Stock Market VTGN 5.77% – News: Receives a patent covering methods…

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ThursdaySep 28, 2017 12:30 pm

NetworkNewsBreaks – CHF Solutions, Inc. (NASDAQ: CHFS) Expands Market Reach to UK through Distribution Agreement with APC Cardiovascular

CHF Solutions, Inc. (NASDAQ: CHFS) this morning said that it has entered a distribution agreement with APC Cardiovascular Ltd., a distributor based in the United Kingdom, initiating international distribution of the company's products. APC Cardiovascular will serve as CHF Solutions’ authorized service provider in the United Kingdom and will market the company’s Aquadex FlexFlow® System. “APC Cardiovascular has the market reach and service breadth to meet our expansion goals as we continue to execute our US and international growth plans. We have been in contact with healthcare providers that already own Aquadex FlexFlow consoles, and we look forward to APC…

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ThursdaySep 28, 2017 12:27 pm

NetworkNewsBreaks – Remark Holdings, Inc. (NASDAQ: MARK) Obtains Multimillion-Dollar AI Contract to Fight Intellectual-Property Piracy in China

Remark Holdings, Inc. (NASDAQ: MARK) this morning said that its KanKan subsidiary has been awarded a multimillion-dollar contract to help fight intellectual-property piracy in China by Sefon, a Big Data services company. KanKan will monitor content streamed via the internet and identify instances of intellectual-property piracy using its crawler network and artificial-intelligence-based object-recognition software. "This new contract shows the breadth of our AI platform's capabilities. By having the superior data to back our AI models, we are able to build new products quickly and successfully in many different industries," Remark Holdings chairman and CEO Kai-Shing Tao stated in the news…

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ThursdaySep 28, 2017 12:25 pm

NetworkNewsBreaks – Alliance MMA, Inc. (NASDAQ: AMMA) Shares Surge on Acquisition of Victory Fighting Championship

Shares of Alliance MMA (NASDAQ: AMMA) are up 40% this morning after the company said it has acquired the assets of Victory Fighting Championship (VFC). VFC produces events in Nebraska, Kansas, Iowa and South Dakota, as well as upcoming shows in Dallas/Ft. Worth. VFC has produced more than 60 live MMA events and has global distribution through an exclusive broadcast on UFC FIGHT PASS, the Ultimate Fighting Championship’s OTT digital streaming platform. “VFC’s organizational footprint, in terms of scale and distribution on UFC FIGHT PASS, provides an incredible opportunity for Alliance MMA to produce content – including live content –…

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ThursdaySep 28, 2017 12:22 pm

NetworkNewsBreaks – Alltemp, Inc. (LTMP) Teams Up with North Park Innovation to Improve Installation Process on the iManifold® Network

Alltemp, Inc. (OTCQB: LTMP), a developer of proprietary, environmentally friendly refrigerant technologies, recently announced that its alltemp® refrigerant data has been added to the iManifold® system interface. This move pairs two HVAC technology innovators by bringing these advancements to the global industry, allowing alltemp® users to get the most out of their alltemp® refrigerant and climate control systems. As noted in the news release, better installs result in even more efficiently running systems, which translate into greater user savings. To view the full press release, visit: http://nnw.fm/aNr2V About Alltemp, Inc. Alltemp, Inc. has developed a proprietary refrigerant technology, after years…

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