NetworkNewsBreaks

MondayDec 05, 2016 4:05 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on December 5, 2016

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: BDIC 30.00% – News: Shareholder letter reports Q3 results;  fifth straight quarter of sales growth HDYN 20.03%– News: Inks LOI for 20% participating interest in SAPETRO’s Guinea oil and gas concession INCT 14.58% – News: First original TV movie production set to release in 2017 MOXC 14.29% – News: Enters cooperation agreement with Beijing Chinaums, China UnionPay subsidiary SMFI 13.12% – News: NuLife subsidiary scheduled to present at two investor conferences this week CGRW…

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MondayDec 05, 2016 4:02 pm

NetworkNewsBreaks – Avid (AVID) Names New Chief Financial Officer

Avid® (NASDAQ: AVID) this morning named Brian E. Agle as its newly-appointed senior vice president and chief financial officer, effective December 12, 2016. Agle will oversee the global finance and accounting organization, as well as the corporate development and investor relations functions. “Brian is a seasoned financial executive with extensive experience leading global financial organizations in technology and software businesses with a history of leading and completing business transformations, and a strong discipline in cost and cash management… His experience in enterprise software and recurring revenue models such as SaaS business models makes him an ideal fit as Avid increasingly shifts…

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MondayDec 05, 2016 4:00 pm

NetworkNewsBreaks – EyeGate (EYEG) Announces Positive Data from Third Stage of Phase Ib/IIa Clinical Trial of EGP-437

EyeGate Pharmaceuticals, Inc. (NASDAQ: EYEG) today reported promising data from the third stage of its phase Ib/IIa trial assessing iontophoretic EGP-437 for the treatment of ocular inflammation and pain in post-surgical cataract patients. Consistent with the first two stages of the trial, the procedure was very well tolerated in all subjects. Stage three of this multi-center, open-label clinical trial enrolled 30 subjects who have undergone cataract surgery with implantation of a posterior chamber intraocular lens (“IOL”). Patients were divided into three groups receiving iontophoretic doses of EGP-437 at either 4.5 mA-min or 14.0 mA-min, or a placebo at 14.0 mA-min.…

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MondayDec 05, 2016 3:58 pm

NetworkNewsBreaks – Ocean Power Technologies (OPTT) Signs Joint Marketing Agreement with Sonalysts

In a news release issued earlier today, Ocean Power Technologies, Inc. (NASDAQ: OPTT) and Sonalysts, Inc. announced their entry into a joint marketing agreement in defense and oil and gas applications where persistent power, real-time data collection, processing, and transmission are critical. OPTT’s PB3 PowerBuoy® is a power and communication platform for remote offshore applications that enables the use of advanced multi-functional sensors and autonomous underwater vehicles. Sonalysts maintains core technology in undersea wireless communications and in autonomous undersea systems analysis, which are available to a variety of commercial and defense customers such as the U.S. Navy Submarine Force. “We…

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MondayDec 05, 2016 3:54 pm

NetworkNewsBreaks – Cerecor (CERC) Phase 2 Study Top-Line Results of CERC-501 Display Favorable Side-Effect Profile

Cerecor Inc. (NASDAQ: CERC) announced top-line clinical results from its nicotine withdrawal phase 2 clinical trial of CERC-501 today. Although the trial did not meet its primary objective in nicotine withdrawal, the oral, potent, and selective kappa opioid receptor ("KOR") antagonist was well tolerated with no serious adverse events reported and no discontinuations due to adverse events. Based on this favorable side-effect profile, the company intends to move forward with its previously planned development of CERC-501 in its primary indication, as an adjunctive treatment of Major Depressive Disorder (MDD). "There is preclinical and recent clinical evidence that strongly support the potential…

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FridayDec 02, 2016 2:49 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on December 2, 2016

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: SGGV 20% – News: Mojo Games division partners with VLeague to provide online gaming ADMD 16.84% – News: Awarded default judgment of $527,875.74 EWLL 14.89% – News: Signs initial third-party PT clinic for PHZIO platform CYTR 8.26% – News: Appoints new member to board of directors DIGP 7.55% – News:  Provides overview of vision to standardize classification of cannabis strains CETX 6.72% – News: Presenting at LD Micro Main Event on Wednesday, December 7…

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FridayDec 02, 2016 1:53 pm

NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Trades Higher on Acquisition of International Paper Contracts

Sugarmade (OTC: SGMD) shares are up 34% after announcing its acquisition of international paper contracts from the Vietnamese company Bao Coc International Paper and Plastics Ltd. Per the agreement, Sugarmade will assume contracts for international paper products bound for delivery into the U.S. in exchange for five million restricted shares, issued to Bao Coc. Sugarmade said it anticipates this acquisition to boost its annual revenue production by approximately $500,000 to $600,000. Sugarmade expects the asset acquisition to close this month. "These contracts are important not only relating to the revenue boost we will receive, but also relating to cost reductions…

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FridayDec 02, 2016 1:51 pm

NetworkNewsBreaks – Skyline Medical (SKLN) Names Dr. Carl Schwartz Chief Executive Officer, Expands Board of Directors

Skyline Medical (NASDAQ: SKLN) this morning named Dr. Carl Schwartz as the company’s newly appointed chief executive officer. Dr. Schwartz is a longtime stockholder of Skyline, for which he has served as a director, interim CEO and executive chairman. He holds BA and DDS degrees from the University of Detroit. The company also announced that Richard Gabriel has been appointed to its board of directors, bringing the number of directors to six. Both appointments are effective immediately. To view the full press release, visit: http://nnw.fm/jwBp1 About Skyline Medical Skyline Medical produces a fully automated, patented, FDA-cleared waste fluid disposal system…

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FridayDec 02, 2016 1:50 pm

NetworkNewsBreaks – Boston Scientific (BSX) Acquires Certain Neovasc (NVCN) Assets for $75M, Commits to Equity Interest

Earlier this morning, Neovasc (NASDAQ: NVCN) announced an agreement with long-term customer Boston Scientific (NYSE: BSX), pushing shares of Neovasc nearly 50% higher. Per the agreement, Boston Scientific will acquire Neovasc's tissue processing technology and facility for approximately $67.9 million in a deal expected to close by year-end 2016. Neovasc has been granted a license to the purchased assets and access to the sold facilities, which will allow the company to continue its tissue and valve assembly for its remaining customers, as well as its own tissue-related programs. Boston Scientific has also committed to purchasing 11,817,000 common shares at a…

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ThursdayDec 01, 2016 3:53 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on December 1, 2016

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: MEMP 39.86% – News: Inks Forbearance Agreement with noteholders; credit facility extends waiver WDDD 15.06% – News: 6 patent claims validated by USPTO for multi-player online gaming technology SBOT 11.61% – News: President and CEO will present at LD Micro Main Event December 7 SKLN 8.30% – News: VP of sales recently interviewed on WPSL’s MONEYINFO AKER 7.89% – News:  Signs agreement with First Check Diagnostics, to be exclusive distributor of rapid cholesterol self-test…

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