NetworkNewsBreaks Archive - Page 1909 of 1962

WednesdayFeb 15, 2017 11:08 am

NetworkNewsBreaks – Sino-Global (NASDAQ: SINO) Shares Drop on News of $4.77M Registered Direct Offering

Sino-Global (NASDAQ: SINO) shares fell 21% after the company this morning announced that it has entered into definitive agreements with three institutional investors to purchase a total of $4.77 million of its common stock in a registered direct offering at $3.18 per share. The company, a non-asset based global shipping and freight logistic integrated solution provider, estimates that the net proceeds from the offering will be approximately $4.3 million after deducting estimated offering expenses and placement agent fees. Sino-Global will use the net proceeds of the offering for working capital and general corporate purposes. The offering is expected to close on or about February 21, 2017. To view the…

WednesdayFeb 15, 2017 11:04 am

NetworkNewsBreaks – Qualstar Corp.’s (NASDAQ: QBAK) N2Power Division Receives $1.0M Order; Shares Rise

Shares of Qualstar (NASDAQ: QBAK) rose 14% this morning on news that the company’s N2Power Division has received a $1.0 million order from a significant gaming customer that's expected to ship over the next 12 months. The N2Power Division is engaged in the design and manufacture of compact and highly-efficient power supplies and provides standard, semi-custom and custom power solutions for many original equipment manufacturers (OEM) in various markets. “The inherent advantages of our power solutions provide OEM designers with valuable increased functionality while reducing thermal loads, cooling requirements and lowering operating costs through very high efficiency ratings,” N2Power’s director…

TuesdayFeb 14, 2017 3:43 pm

NetworkNewsBreaks – GreeneStone Healthcare (GRST) Exits Canadian Addiction Treatment Business, Enters Florida Health Care Market following “Transformational Event”

Health care services provider GreeneStone Healthcare Corporation (OTCQB: GRST) today announced a string of strategic moves designed to strengthen the company’s balance sheet and position it for sustainable growth in the U.S. health care market. First, GreeneStone acquired Cranberry Cove Holdings, which owns the real estate used by GreeneStone’s addiction treatment facility in Muskoka, Ontario. Next, the company sold the operational assets of its Muskoka clinic for a total consideration of CDN$10 million. Through its newly-acquired subsidiary, the company will continue to own and lease the clinic building moving forward. Finally, on February 13, 2017, GreeneStone closed on the acquisition…

TuesdayFeb 14, 2017 2:53 pm

NetworkNewsBreaks – eXp World Holdings, Inc. (EXPI) Announces Addition of Super Bowl Quarterback Vince Ferragamo to the Agent-Owned Cloud Brokerage®

eXp World Holdings, Inc. (OTCQB: EXPI), holding company for eXp Realty LLC, today announced the addition of real estate veteran and former Los Angeles Rams quarterback Vince Ferragamo to the Agent-Owned Cloud Brokerage®. Ferragamo is most widely-recognized for his tenure in the National Football League, during which he became the first quarterback to start a Super Bowl in the same season as his first career start. Since his retirement from the NFL, Ferragamo has been active in the real estate industry as a brokerage owner. “eXp Realty is exciting to me because the company recognizes and believes as I do…

TuesdayFeb 14, 2017 12:34 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on February 14, 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: ORHB 93.01% – News: Expands pilot program in new hospital BDCI 47.93% – News: Receives formal commitment letter from lender to fund acquisition COYN 27.87% – News: Reports positive outlook for 2017 BASI 18.00% – News: Posts Q1 2017 financial results VPIG 10.60% – News: Prepares beta testing for child-focused payment application MDVX 9.26% – News: Completes financing VKIN 9.00% – News: Enters into LOI to increase its oil production in the Cherokee Basin…

TuesdayFeb 14, 2017 12:33 pm

NetworkNewsBreaks – Aegis Capital Reiterates ‘Buy’ Rating, $8 PT on Intellipharmaceutics International, Inc. (NASDAQ: IPCI)

Aegis Capital has reiterated its 'Buy' rating and $8 price target for Intellipharmaceutics International (NASDAQ: IPCI), citing expectations that the company will continue to make progress in 2017. In an earnings release last week, Intellipharmaceutics recapped its achievements in 2016, which included a license and commercial supply agreement with Mallinckrodt LLC to market, sell and distribute several of the company’s extended release drug product candidates (generic Seroquel XR®, generic Pristiq®, generic Lamictal® XR™). Intellipharmaceutics also secured tentative approval for generic Seroquel XR® with official launch planned for first half of 2017. Revenues for full-year 2016 were $2.2 million vs. $4.1…

TuesdayFeb 14, 2017 12:29 pm

NetworkNewsBreaks – UniPixel, Inc. (NASDAQ: UNXL) Announces Public Offering, Warrants to Purchase Stock; Shares Drop

Shares of UniPixel (NASDAQ: UNXL) are sharply lower after the company, a developer of metal mesh capacitive touch sensors to the touchscreen and flexible display markets, commenced a public offering of shares of common stock and warrants to purchase common stock. The offering will be conducted on a "best efforts" basis, with Roth Capital Partners, LLC serving as the lead placement agent and Ladenburg Thalmann and The Benchmark Company serving as co-placement agents. To view the full press release, visit: http://nnw.fm/8Km6C About UniPixel UniPixel, Inc. develops and markets high performance metal mesh capacitive touch sensors to the touchscreen and flexible…

TuesdayFeb 14, 2017 12:26 pm

NetworkNewsBreaks – Amended Collaboration Pushes Agenus, Inc. (NASDAQ: AGEN), Incyte Corp. (NASDAQ: INCY) Shares Higher

Agenus (NASDAQ: AGEN) and Incyte (NASDAQ: INCY) are both trading higher this morning after the companies announced the amendment of an agreement signed in January, changing the ongoing GITR and OX40 antibody programs from co-funded development and profit-sharing arrangements to royalty-bearing programs. While Incyte is now responsible for funding as well as global development and commercialization, Agenus would now become eligible to receive 15 percent royalties on global net sales of each product if candidates from either of these two programs are approved. Per the amendment, Agenus will receive today accelerated milestone payments of $20 million from Incyte related to…

TuesdayFeb 14, 2017 12:05 pm

NetworkNewsBreaks – Net Element’s (NASDAQ: NETE) Digital Provider Expands Direct Carrier Billing Services into Poland and Turkey

Global payment technology provider Net Element, Inc. (NASDAQ: NETE) this morning announced that Digital Provider has expanded its Direct Carrier Billing (DCB) services into the emerging markets of Poland and Turkey, giving it access to the two markets’ approximately 113.5 million combined mobile users. Digital Provider’s DCB services could offer numerous benefits for content providers and aggregators in both Poland and Turkey. According to Juniper Research, DCB in emerging markets generates app-store conversion rates that are roughly five times higher than similar figures for credit cards, while SuperData Research estimates that carrier billing is currently the second most popular payment…

TuesdayFeb 14, 2017 11:13 am

NetworkNewsBreaks – Stealth Technologies, Inc. (STTH) CEO Featured in Exclusive Audio Interview with NetworkNewsWire

Multifaceted financial news and publishing company NetworkNewsWire this morning announced the availability of a new audio interview with Stealth Technologies, Inc. (OTCQB: STTH) CEO Brian McFadden. In the interview, which can be heard at http://NNW.fm/STTH-Interview-Feb-2017, McFadden offers prospective investors some insight into the company’s business model, as well as its flagship product, Stealth Card. Leveraging STTH’s proprietary PowerGrid Technology, Stealth Card is designed to protect consumers’ RFID-chipped credit cards from a practice known as “electronic pickpocketing.” This product, alongside the company’s 911 Help Now emergency alert system, has proven instrumental to Stealth Technologies’ recent growth. “In 2016, Stealth Technologies hit…

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