NetworkNewsBreaks Archive - Page 1969 of 2081

MondayJul 10, 2017 11:24 am

NetworkNewsBreaks – ORHub, Inc. (ORHB) Software Highlighted in Microsoft Publication

Health care software-as-a-service company ORHub, Inc. (OTC: ORHB) today announced the availability of a Microsoft publication highlighting the company’s surgical resource management (SRM) solution, which is in use at the Hoag Orthopedic Institute in Irvine, California. The case study, titled “Orthopedic hospital tests cloud-based cure for symptoms of rising healthcare costs,” discusses Hoag’s experience using ORHub’s software as an actionable resource analytics tool for its spinal surgeries. Notably, the cloud-based software, which is accessed directly in the operating room, supports improved teamwork, automates manual processes and streamlines resource allocation in the face of rising health care costs. “We've seen from…

MondayJul 10, 2017 10:09 am

NetworkNewsBreaks – ABcann Global Corporation (TSXV: ABCN) Enters Definitive Agreement for $15 Million Investment

ABcann Global Corporation (TSXV: ABCN) this morning announced the signing of a definitive subscription agreement with Cannabis Wheaton Income Corp. (TSXV: CBW). Under the terms of the deal, Cannabis Wheaton has agreed to purchase $15 million of ABcann common shares at an agreed-upon valuation of $2.25 per share. Completion of this first subscription, which forms part of a larger phased investment by Cannabis Wheaton, is expected to occur by July 31, 2017, subject to customary closing conditions. “We are pleased to move forward with the initial funding phase of our partnership with Cannabis Wheaton and to welcome them as new…

MondayJul 10, 2017 9:39 am

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Announces Bitcoin Payment Functionality for ChineseHempOil.com Inc. Subsidiary

Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced that its wholly-owned subsidiary, ChineseHempOil.com Inc., will officially accept bitcoin payments. Per the update, consumers who buy hemp-based products, foods and beverages from the ChineseHempOil.com site will have the option to pay with bitcoin, in addition to more common payment methods such as debit cards and PayPal. “I am delighted to announce the addition of Bitcoin payment to the ChineseHempOil.com site,” Warren Wang, founder and CEO of CIIX, stated in the news release. “By providing advanced payment technology such as Bitcoin, consumers will benefit from cost savings, increased privacy and…

MondayJul 10, 2017 9:11 am

NetworkNewsBreaks – InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) Enters Research and Development Collaboration with ATERA SAS

Preclinical stage biopharmaceutical company InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) this morning announced its entry into a research and development collaboration with ATERA SAS of France, a leading tissue engineering company specializing in the development of advanced human tissue models. Under the terms of the agreement, ATERA will develop 3D human skin models of Epidermolysis Bullosa (EB) to be used in the evaluation of INM-750, InMed’s proprietary topical cannabinoid product candidate targeted as a therapy in EB and other potential dermatological and wound-healing applications. “INM-750 has demonstrated significant potential in pre-clinical models to address symptomatic improvement of EB including…

MondayJul 10, 2017 8:48 am

NetworkNewsBreaks – ProBility Media Corp. (PBYA) Retains PCG Advisory Group

Education technology company ProBility Media Corp. (OTCQB: PBYA) this morning announced that it has retained PCG Advisory Group, a leading integrated communications firm, to serve as an advisor for its investor relations and social media communications strategies. “In the eight months since becoming a publicly traded company, ProBility has executed on its business plan and achieved record sales and growth,” Evan Levine, chairman and CEO of ProBility, stated in the news release. “In the first half of 2017, we have already closed and successfully integrated three acquisitions and have several additional opportunities in the pipeline. Our team is now initiating…

FridayJul 07, 2017 12:35 pm

NetworkNewsBreaks – RADA Electronic Industries (NASDAQ: RADA) Set to Ring the Nasdaq Opening Bell on July 10

Shares of RADA Electronic Industries (NASDAQ: RADA) climbed 6% this morning following news that the company’s chief executive officer, Dov Sella, will ring the opening bell at Nasdaq MarketSite in Times Square on July 10. The defense electronics contractor has been publicly traded on the Nasdaq market for over 25 years, and says the ringing of the bell is symbolic of a successful corporate turnaround. "A decade ago we identified a new growth engine – mini-tactical radars for the maneuver force. After significant investments, this product line has now matured to a stage where we have begun selling, and the…

FridayJul 07, 2017 12:33 pm

NetworkNewsBreaks – Fifth Street Asset Management, Inc. (NASDAQ: FSAM) to Sell Middle Market CLO Business to NewStar Financial, Inc. (NASDAQ: NEWS)

Fifth Street Asset Management (NASDAQ: FSAM) has agreed to sell Fifth Street CLO Management LLC (FSCM), a wholly owned subsidiary of Fifth Street Holdings L.P., to NewStar Financial (NASDAQ: NEWS). The estimated purchase price is approximately $16 million, net of $13 million of assumed indebtedness, and will be subject to adjustment based on certain working capital items upon closing. The company said it intends to use the proceeds from the transaction toward paying down its credit facility and general corporate purposes. The transaction is expected to close in the third quarter. “We believe that exiting this business line is in…

FridayJul 07, 2017 12:30 pm

NetworkNewsBreaks – ITUS Corp. (NASDAQ: ITUS) Reports Changes in Management, Names New CEO

ITUS (NASDAQ: ITUS) this morning said that its board of directors has appointed Dr. Amit Kumar as its new president and chief executive officer. Dr. Kumar replaces Robert Berman, who has resigned as president, CEO and as a director. Dr. Kumar joined the company in 2012 as a director, and has served as the company's executive chairman for the past year as well. Additionally, Mike Catelani, ITUS' CFO, has been promoted to chief operating officer. "We've been building a solid scientific foundation through the development of our cancer detection technology, and I look forward to helping the company advance that…

FridayJul 07, 2017 12:28 pm

NetworkNewsBreaks – Digital Ally, Inc. (NASDAQ: DGLY) Shares Surge on U.S. Patent Office Denying Axon’s (NASDAQ: AAXN) Petition for IPR

Digital Ally (NASDAQ: DGLY) shares jumped 35% this morning after the company reported an important victory in its legal battles against Axon Enterprise, Inc. (NASDAQ: AAXN). The US Patent Office has denied Axon's petition for inter partes review (IPR) of Digital's 452 Patent, which covers the automatic activation and coordination of multiple recording devices in response to a triggering event such as a law enforcement officer activating the light bar on the vehicle. Not only was the IPR denied, the Patent Office also found that "...the information presented [by Axon] in the Petition does not establish a reasonable likelihood that…

ThursdayJul 06, 2017 12:48 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on July 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: ZYXI 19.35% – News: Pays entire remaining loan balance to Triumph Healthcare Finance UCLE 10.04% – News: Receives $722,500 contract with U.S. Air Force to supply portable Tritium air monitors MOMT 5.26% – News: Hosts conference call and webcast for fiscal year 2017 financial results RMGN 5.24% – News: Inks $530,000 contract with an existing customer in the Middle East DRWI 4.20% – News: Posting Q1 fiscal year 2018 results on July 12 KSHB…

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