NetworkNewsBreaks

WednesdayJun 07, 2017 10:15 am

NetworkNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Pursues Clinical Trials of Cannabis-Based Combination Therapies with Assistance of New Advisor

India Globalization Capital (NYSE MKT: IGC) recently named Craig Cheifetz, M.D. as an advisor to assist the company with its clinical trials in microbiology, immunology, neuroscience and biotechnology. IGC CEO Ram Mukunda stated in a news release that the company looks forward to Dr. Cheifetz’s contributions as IGC moves forward in the development of unique cannabis combination therapies. “The company anticipates clinical trials in 2017 for several indications, including pain, a huge market. IGC has already filed for six patents in areas such as eating disorders and epilepsy, in addition to pain. It is working on several more filings for…

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TuesdayJun 06, 2017 3:22 pm

NetworkNewsBreaks – Player’s Network, Inc. (PNTV) Rips to New 52-Week High on Quadruple Volume following Series of Corporate Milestones

Shares of Player’s Network (OTCQB: PNTV) are up 25% in today’s late trade, clipping a new 52-week high of $0.093 and moving on volume of 11.91 million – four times the 30-day moving average of 2.78 million. Today’s performance eclipses the 52-week high of $0.075 set at market close on June 2 and continues several days of rallies fueled by a string of corporate achievements. On May 30, PNTV said it received (http://nnw.fm/8AbNW) its medical marijuana licenses, enabling the company to start operations in its 27,000-square-foot facility in North Las Vegas and pushing the stock to the sixth-highest volume on…

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TuesdayJun 06, 2017 12:44 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on June 6, 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: NIHD 36.90% News – Announces partnership with AINMT to invest in Nextel Brazil’s growth EGLT 19.45% News – Obtains coverage of ARYMO® ER (morphine sulfate) extended-release tablets SGLB 5.74% News - Has entered into agreements with two additional, non-exclusive sales agents in the Asia-Pacific region VKTX 4.03% News – Announces positive top line results from a study of VK2809 in an in vivo model of non-alcoholic steatohepatitis (NASH) NK 4.01% News – Expands NANT…

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TuesdayJun 06, 2017 12:44 pm

NetworkNewsBreaks – CTI BioPharma Corp. (NASDAQ: CTIC) Prices $45M Offering of Convertible Preferred Stock; Shares Down, but Lift from New 52-Week Low

CTI BioPharma Corp. ("CTI") (NASDAQ: CTIC) this morning priced its underwritten public offering of 22,500 shares of its Series N-3 Preferred Stock at $2,000 per share. The company said it expects gross proceeds from the offering of $45 million. Net proceeds will be used to conduct the PAC203 clinical trial; submit a new Marketing Authorization Application for pacritinib to the European Medicines Agency; conduct additional research concerning the possible application of pacritinib in indications outside of myelofibrosis; and complete the PIX306 clinical trial, as well as for general corporate purposes, which may include funding research and development, conducting preclinical and clinical…

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TuesdayJun 06, 2017 11:32 am

NetworkNewsBreaks – NII Holdings, Inc.’s (NASDAQ: NIHD) AINMT Partnership Sends Shares Soaring on Heavy Volume

Shares of NII Holdings (NASDAQ: NIHD) are up more than 40% mid-day on volume of 12.21 million, roughly three times the average 5-day volume, on word the mobile communication services provider has partnered with AINMT Holdings AB ("AINMT"), an international telecommunications company and parent of the Norwegian operator ice, to jointly own and operate Brazilian mobile telecommunications company Nextel Brazil. Per the agreement, AINMT will invest $50 million for a 30% stake in Nextel Holdings S.à r.l. (the "Company"), a wholly owned subsidiary of NII and owner of Nextel Brazil. AINMT has the option to invest an additional $150 million…

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TuesdayJun 06, 2017 9:27 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Teams with First Bitcoin Capital (BITCF) to Develop Bitcoin Payments Solution

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced an initiative to develop a bitcoin payments solution in partnership with First Bitcoin Capital Corp. (OTC: BITCF), an industry-leading bitcoin and blockchain technology provider. Per the news release, the two companies have signed a joint venture agreement to develop and distribute a viable payments solution targeted at “high-risk payment verticals including the cannabis industry” in order to “fill the payments gap that currently exists.” Through this new partnership, SinglePoint and First Bitcoin Capital intend to focus on their respective core strengths in order to build and supply the best bitcoin…

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TuesdayJun 06, 2017 8:58 am

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Announces Engagement of Venture Building Firm Launch Haus, LLC

Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced its engagement of Launch Haus, LLC, a venture building firm and digital holding company specializing in direct response marketing. Moving forward, Launch Haus is expected to play an “integral part” in directing CIIX’s corporate organization, as well as its planned launch of direct-to-consumer ecommerce and network marketing business divisions. “Launch Haus is the perfect firm to oversee CIIX's direct response marketing campaign which will include significant direct-to-consumer ecommerce channels such as Amazon and development of the Company's international network marketing platform as we begin to drive revenues in the coming…

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MondayJun 05, 2017 12:49 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on June 5, 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: CLSN 60.90% – News: Presents “promising” OVATION study results SPCB 8.26% – News: Posts 42% increase in Q1 sales, improves gross margin by 150% PTIE 6.60% – News: Awarded $1.7 million grant by the National Institutes of Health for Alzheimer’s candidate ATOM 6.05% – News: Presenting at LD Micro Conference on June 6, Marcum Microcap on June 15 FORK 4.69% – News: Opens new manufacturing facility in China with capacity to expand annual production…

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MondayJun 05, 2017 12:47 pm

NetworkNewsBreaks – Pain Therapeutics, Inc. (NASDAQ: PTIE): $1.7M Grant from NIH Supports Study of Alzheimer’s Candidate

Pain Therapeutics (NASDAQ: PTIE) is trading higher on word the biopharmaceutical company has received from the National Institutes of Health (NIH) a $1.7 million research grant to study PTI-125, a drug candidate, in Alzheimer’s disease. With this grant, Pain Therapeutics can begin testing PTI-125 in human subjects. The company said it is on track to file an Investigational New Drug (IND) application in the third quarter of 2017. "We are once again grateful to the NIH for its support of our research program around PTI-125," Pain Therapeutics chairman, president and CEO Remi Barbier stated in the news release. "NIH has…

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MondayJun 05, 2017 12:21 pm

NetworkNewsBreaks – Celsion Corp. (NASDAQ: CLSN) Presents “Encouraging” OVATION Study Results; Shares Surge on Heavy Volume

Shares of Celsion (NASDAQ: CLSN) are up 57.8% on volume of 15.98 million in mid-day trade after the oncology drug development company issued an update on its OVATION study, a phase Ib dose escalating clinical trial assessing the combination of GEN-1, Celsion’s DNA-based immunotherapy, with the standard of care for the treatment of newly diagnosed patients with advanced ovarian cancer who will undergo neoadjuvant chemotherapy followed by interval debulking surgery. “The OVATION study has accrued patients from four major research cancer centers.  We have seen highly promising clinical findings including a patient with a complete pathological response along with a very high…

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