NetworkNewsBreaks

FridayJul 05, 2019 9:19 am

NetworkNewsBreaks – ArQule, Inc. (NASDAQ: ARQL) Closes $103.7M Follow-On

ArQule (NASDAQ: ARQL), a biopharmaceutical company engaged in the research and development of targeted therapeutics to treat cancers and rare diseases, recently closed its underwritten public offering of 10,637,500 shares of common stock, which includes 1,387,500 shares representing the over-allotment option that the underwriters fully exercised. With shares sold at the public offering price of $9.75 each, the offering resulted in gross proceeds of roughly $103.7 million. The company plans to use the proceeds toward its clinical programs and for general corporate purposes. ROTH Capital Partners acted as co-manager for the offering. To view the full press release, visit http://nnw.fm/kFr9H…

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WednesdayJul 03, 2019 12:46 pm

NetworkNewsBreaks – Buzzfeed.com Features Wildflower Brands Inc.’s (CSE: SUN) (OTCQB: WLDFF) Disposable Vaporizers, Aches and Immunity

Vancouver-based company Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) was recently featured alongside various cannabis companies including Burkelman, Vertly and Cannuka in an article on Buzzfeed.com titled, ‘Here's Why You Should Buy CBD For Everyone You Know This Holiday’ authored by Jessica Probus. Wildflower’s CBD Disposable Vaporizer Pen contains a total of 150mg of CBD. The company’s CBD+ VAPORIZER – Immunity also includes eucalyptus, thyme and myrrh to boost the immune system and provide a smooth refreshing draw. Wildflower's CBD+ VAPORIZER – Aches provides fast acting pain relief by reducing inflammation using a mixture of CBD, peppermint, spearmint and lavender. To…

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WednesdayJul 03, 2019 12:25 pm

NetworkNewsBreaks – Fortune Business Insights Provides Detailed Analysis on the Offshore Wind Power Industry

Fortune Business Insights, a provider of meticulous analysis with a specialized focus on accuracy of data obtained, recently published a report including a market forecast, analysis and insight on the global offshore wind power market. As economic demands and popularity increase in offshore wind power the United Kingdom and China are expected to lead the global market, with the demand of energy consumption increasing and resources continue to decrease in the forecasted reporting years. In terms of water depth, shallow levels under 30 meters (“M”) are currently leading in the market due to the ease of technological access. While current…

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WednesdayJul 03, 2019 11:10 am

NetworkNewsBreaks – Wuhan General Group (China) Inc. (WUHN) Issues Update on Third Quarter Corporate Highlights

Wuhan General Group (China) Inc. (OTC: WUHN) on Tuesday issued a statement to shareholders and provided a list of its corporate milestones. In the update, the company clarified that Wuhan General Group is a U.S.-registered corporation and has no dealings with any Chinese parties relating to its ongoing business activities. The company has retained the services of a law firm in order to take all necessary steps to file a name change with FINRA to remove any possible confusion with its current name and to better reflect the nature of the business. In addition, the company announced that it is…

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WednesdayJul 03, 2019 10:59 am

NetworkNewsBreaks – INmune Bio Inc. (NASDAQ: INMB) Co-Founder and CEO Showcases XPro1595 at Maxim Group’s Conference on Alzheimer’s Disease

INmune Bio Inc. (NASDAQ: INMB), an immunology company focused on developing treatments that harness the patient’s innate immune system to fight disease, this morning announced that its co-founder and CEO, R.J. Tesi, M.D., presented at the Maxim Group’s conference on Alzheimer’s disease on June 26 in New York. According to the update, Tesi’s presentation addressed how INmune Bio’s XPro1595 drug candidate targets microglial activation and neuroinflammation to treat Alzheimer’s, which may be a key driver in the disease. “I was delighted to showcase INmune Bio’s development program with XPro1595 in Alzheimer’s disease,” Tesi said in the news release. “We believe…

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WednesdayJul 03, 2019 10:11 am

NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces Reverse Split of Common Stock

Innovative hemp and cannabis corporation Marijuana Company of America Inc. (OTCQB: MCOA) today announced that its board of directors and stockholders, in a meeting held on July 1, 2019, approved a reverse split of its issued and outstanding common stock at a ratio of 1-for-60. According to the update, the reverse split is intended to provide MCOA with greater flexibility in considering and planning for future business needs, as well as increasing its common stock per-share trading price to satisfy the minimum requirement for continued OTCQB listing. Per the Amended Certificate to MCOA’s Certificate of Incorporation, the reverse stock split…

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WednesdayJul 03, 2019 10:00 am

NetworkNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Announces Board Change

Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) this morning announced that Bruce Linton has stepped down as its chairman and director, effective immediately. In the update, the company’s executive team and board of directors thanked Linton for his contributions to Canopy Rivers through the early development of the global cannabis sector. "We are grateful for all of the contributions that Bruce made to both Canopy Rivers and to the cannabis industry as a whole," Canopy Rivers President and CEO Narbe Alexandrian said in the news release. "As we enter the next chapter of our Company's history, we are excited to…

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WednesdayJul 03, 2019 9:48 am

NetworkNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) to Host Conference Call, Provide Corporate Update

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) this morning announced that it will provide a corporate update to its shareholders and investors via conference call at 1:15 p.m. PST on Wednesday, July 3, 2019. During the call, TransCanna management will discuss the progress of proposed acquisitions involving GoodFellas, Soldaze, Lyfted Farms and Biovelle, as well as providing a general update on the licensing process for its 196,000 sq. ft facility in Modesto, California, and its 10,000 sq. ft facility in Adelanto, California. Interested parties may join the call by dialing (U.S.) 888-585-9008; (Canada) 888-299-2873 or (Germany) 0-800-723-5123 and entering conference…

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WednesdayJul 03, 2019 9:32 am

NetworkNewsBreaks – Therma Bright Inc. (TSX.V: THRM) (OTC: THRBF) Announces Continued Testing of TherOZap Technology Against Zika Virus

Progressive medical device technology company Therma Bright Inc. (TSX.V: THRM) (OTC: THRBF) this morning announced that it continues to test its TherOZap technology against the Zika virus, following the advice of one of the top research laboratories in Canada. Per the update, a number of additional parameters have been added to the testing regime, with an aim of producing statistically relevant results. The company intends to report further information as it becomes available. “Therma Bright is awaiting the results of the current testing of its proprietary TherOZap technology against the Zika virus. We appreciate the prudence and thorough approach being…

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TuesdayJul 02, 2019 3:22 pm

NetworkNewsBreaks – Sharing Services Inc. (SHRG) Employs Creative Brand Strategy as Direct-Selling Industry Grows

Sharing Services Global Corporation (OTCQB: SHRG), formerly Sharing Services Inc., is a diversified holding company that owns, operates or controls an interest in a variety of companies specializing in the direct-selling industry. SHRG combines enthusiastic independent sales representatives with its creative brand strategy to create success in the growing industry. A recent article discussing the company reads, “As a burgeoning market, the direct-sales industry has seen tremendous growth in recent years. A record 20.5 million people were involved in direct selling in the United States during 2016, signifying a 1.5% increase from the previous year. Similarly, the estimated direct retail…

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