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MondayApr 10, 2017 12:53 pm

NetworkNewsBreaks – Cemtrex, Inc. (NASDAQ: CETX) Shares Climb on Multi-Million Dollar Purchase Order, Expectations for Organic Growth

Cemtrex (NASDAQ: CETX) this morning said it has received a multi-million dollar order from HBH GmbH of Germany to build electronic components for high-power HF amplifiers for the FRIB particle accelerator at Michigan State University. The company expects to complete the order for the new customer over the next 18-month period. “We are excited to be working with HBH GmbH in supporting Michigan State University on this unique application. We believe that working on extremely complex high-tech electronics such as this validates our underlying strategy to focus on niche high-value markets. This strategy is expected to allow us to maintain…

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MondayApr 10, 2017 12:50 pm

NetworkNewsBreaks – Geron Corp. (NASDAQ: GERN) Shares Higher on Second Internal Data Reviews for Imetelstat Trials

Geron Corporation (NASDAQ: GERN) shares climbed 21% on news that the second internal data reviews of the company’s IMerge and IMbark clinical trials have been completed by Janssen Research & Development, LLC. IMerge, the study of the telomerase inhibitor imetelstat in lower risk myelodysplastic syndromes (MDS), demonstrated that the benefit/risk profile of imetelstat in the treated patients supports continued development. The company intends to provide the FDA with a data package and proposed trial design refinements. For IMbark, a study of imetelstat in relapsed or refractory myelofibrosis (MF), current data suggest clinical benefit and a potential overall survival benefit. The…

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MondayApr 10, 2017 12:13 pm

NetworkNewsBreaks – Cytori (NASDAQ: CYTX) Shares Surge on FDA Approval for RELIEF Trial Linked to BARDA Contract

Shares of Cytori Therapeutics (NASDAQ: CYTX) are up 34% in morning trade after the company said that the U.S. Food and Drug Administration (FDA) has approved an Investigational Device Exemption (IDE) for a pilot clinical trial to evaluate Cytori Cell Therapy™ in patients with thermal burn injury. The RELIEF trial continues the company’s ongoing research and development work under its contract with the Biomedical Advanced Research and Development Authority (BARDA), a division of the U.S. Department of Health and Human Services. The trial will assess safety and feasibility of intravenous delivery of Cytori Cell Therapy™ as an adjunct to usual…

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MondayApr 10, 2017 11:22 am

NetworkNewsBreaks – ProBility Media Corp. (PBYA) Adds Crane Industry Veteran Billy Smith to Vocational Advisory Board

Education technology company ProBility Media Corp. (OTCQB: PBYA) today announced the appointment of William “Billy” Smith, Jr. to its newly-created vocational advisory board. Smith is a crane and rigging industry veteran who currently serves as a commissioner for the National Commission for the Certification of Crane Operators. He also holds the position of Executive Vice President of NBIS Claims and Risk Management with NationsBuilders Insurance Services, which provides crane and rigging insurance services. “We are delighted and incredibly fortunate to have Billy, with his incredible resume, on our team,” Evan Levine and Noah Davis, executive management at ProBility, stated in…

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MondayApr 10, 2017 10:44 am

NetworkNewsBreaks – MGX Minerals, Inc. (MGXMF) Commences Unitization of Oil and Gas Leases in Utah’s Paradox Basin

Diversified mining company MGX Minerals, Inc. (OTC: MGXMF) this morning offered a project development update for its Paradox Basin petrolithium project. Notably, the company has begun unitization of designated oil and gas leases and the staking of overlying mineral claims located contiguous to its Lisbon Valley mineral claims. The purpose of these efforts is to eliminate existing property boundaries and pool mineral interests in order to establish MGX’s private partner as unit operator. Per the news release, consolidation of the oil and gas leases represents the most efficient timelines and cost-effective means of developing the area’s underlying resources. In total,…

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MondayApr 10, 2017 10:01 am

NetworkNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Submits International Patent Applications for IGC-501

India Globalization Capital, Inc. (NYSE MKT: IGC), a developer of cannabis-based therapies to treat a variety of life-altering conditions, this morning announced that it has filed patent applications for IGC-501 in Canada, Israel and Europe in support of its ongoing cannabis-based combination therapy development initiatives. “We continue to strengthen our IP position in cannabis-based combination therapies and have progressed to include global patent filings,” Ram Mukunda, CEO of IGC, stated in the news release. “IGC is committed to addressing high potential international markets as a first mover in this emerging segment of cannabis-based combination therapy pharmaceuticals.” IGC-501 is being developed…

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MondayApr 10, 2017 9:16 am

NetworkNewsBreaks – Singlepoint, Inc. (SING) Comments on Proposed Congressional Legislation to Regulate Marijuana

In March, Congress introduced legislation to regulate and tax marijuana, and to remove it from the federal Controlled Substances Act. SinglePoint, Inc. (OTC: SING) CEO Greg Lambrecht recently commented on how the proposed legislation could affect the company. SinglePoint has seen much revenue potential in the realm of legal cannabis, and hopes measures will be taken to streamline federal and state oversight of the market. Its interests go beyond investing. The congressional push should also help boost the value of its SingleSeed (www.SingleSeed.com) payments solutions for businesses in the cannabis industry. ‘For the near term, the best way the administration…

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FridayApr 07, 2017 2:26 pm

NetworkNewsBreaks – CytoDyn Inc. (CYDY) Schedules Investment Community Conference Call for April 18

Biotechnology company CytoDyn Inc. (OTCQB: CYDY) yesterday announced that its management team will be hosting an investment community conference call to provide an update on the company’s latest clinical trial and regulatory developments. The call is scheduled for Tuesday, April 18, 2017, at 4:00 p.m. ET. Interested participants and investors can access the conference call by dialing 877-407-2986 from the United States and Canada or 201-378-4916 from international locations. Additionally, a live audio webcast of the call will be made available under the Investor Relations section of www.CytoDyn.com. This webcast will be archived for 60 days for the convenience of…

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FridayApr 07, 2017 12:59 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on April 7, 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: YIPI 17.15% – News: Secures deal with Globalstar (NYSE: GSAT) SENZ 8.67% – News: Launched new pre-workout nutritional supplement LRGR 5.08% – News: Announces the University Health Network will test Therozap™ against the Zika and West Nile viruses BSGM 2.40% – News: Completes private placement PAYM 1.82% – News: FRPs mentioned at North American Pultrusion Conference BLDP 1.15% – News: Moves on momentum of recently closed transaction with Broad-Ocean FMCC 0.83% – News: Posts…

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FridayApr 07, 2017 12:56 pm

NetworkNewsBreaks – Yippy, Inc. (YIPI) Secures Compression Software and Technology Deal with Globalstar (NYSE: GSAT)

Shares of Yippy (OTC: YIPI) are up 9% on news that it will support Globalstar, Inc.'s (NYSE: GSAT) initiative to market its compression software and intranet data services. Yippy also noted that it recently completed production level environment for Globalstar's Generation 2 network, surpassing performance requirements. Yippy's software platform features advanced data compression technology that significantly decreases webpage load times for Internet access and intranet document retrieval. "Satellite bandwidth is a finite asset, and most satellite providers have an immediate need to reduce bandwidth overhead per subscriber across their networks. Our compression technology does just that, and is production ready…

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