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WednesdayJun 21, 2017 9:32 am

NetworkNewsBreaks – SkyFidelity, Inc. (SRMX) Announces Merger with Saddle Ranch Media, Inc.

SRMX/SkyFidelity, Inc. (OTC: SRMX) this morning announced its successful merger with Saddle Ranch Media, Inc., effective May 10, 2017. In connection with this merger, the company intends to file the necessary documents to change the operating name and symbol of Saddle Ranch Media, Inc. to SkyFidelity, Inc. with corresponding ticker symbol “SKYX.” Per this morning’s update, the company anticipates that completion of all of the documentation necessary for filing and registration of the new operating name and symbol will occur by June 27, 2017. In addition to these efforts, SRMX/SkyFidelity this morning announced its intention to retain the services of…

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WednesdayJun 21, 2017 9:00 am

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Teams with Payvision in Europe to Expand Access to Global Currencies

Net Element, Inc. (NASDAQ: NETE), through its PayOnline subsidiary, this morning announced the expansion of its list of integrations and partnerships in Europe through the addition of Payvision to its network of partners. Leveraging this partnership, PayOnline will gain an additional channel through which to route payments in Europe, effectively broadening the scope of its customers’ capabilities while supporting higher conversion rates and improved access to 120+ currencies globally. PayOnline’s work with Intui Travel, a website for searching and booking transportation online, demonstrates the potential benefits of the company’s partnership with Payvision. Per this morning’s news release, PayOnline was able…

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TuesdayJun 20, 2017 1:01 pm

NetworkNewsBreaks – Medical Robotics Maker Myomo, Inc. (NYSE: MYO) Trades on NYSE as First JOBS Act Regulation A+ Issuer

Myomo (NYSE MKT: MYO) is in its second week of trading on the NYSE, with shares moving in a range of $6.76-$23.19 thus far. The medical robotics company completed its crowdsourced initial public offering (IPO) on June 9, raising $5 million through the sale of 665,498 shares of its common stock, and, on June 16, it concluded its first week of trading by ringing the closing bell at the New York Stock Exchange in New York City. Myomo made history as the first Jumpstart Our Business Startups (JOBS) Act Regulation A+ issuer to trade on the NYSE MKT. To view…

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TuesdayJun 20, 2017 12:17 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on June 20, 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: SGOC 32.40% – News: Enters contract with Hong Kong Aircraft Engineering SPEX 17.51% – News: Negotiates definitive terms to acquire a controlling interest in Hoth Therapeutics NVIV 8.33% – News: Enrolls new patient in INSPIRE Study at Allegheny General Hospital ABWN 5.57% – News: Inks software development deal with Thinking Different Technologies GLUU 4.74% – News: Enters multi-year agreement with WWE (NYSE: WWE) ONVI 4.71% – News: Releases its second-annual Survey of Government Procurement…

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TuesdayJun 20, 2017 12:15 pm

NetworkNewsBreaks – ADOMANI, Inc. (NASDAQ: ADOM) Becomes First to IPO on NASDAQ Under the Jobs Act Regulation A+

ADOMANI (NASDAQ: ADOM) recently became the first Regulation A+ offering to trade its shares on the NASDAQ Capital Market. The ADOMANI offering was underwritten by Boustead Securities, LLC, and ranks as the second best-performing IPO of 2017 according to data compiled by StreetInsider.com. The provider of advanced zero emission vehicle solutions saw its share price climb 92% to $9.60. The company, along with certain stockholders, sold a total of 2,852,275 shares in the offering at $5 per share, for a total of approximately $14.3 million. “This capital raise is a milestone achievement that will allow us to grow quickly and…

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TuesdayJun 20, 2017 12:12 pm

NetworkNewsBreaks – Patriot One Technologies (TSX.V: PAT) (OTCQB: PTOTF) Takes Aim at Fighting Terror with Active Shooter Prevention Solution

As news of terrorist attacks and mass shootings dominate world headlines, it is unsurprising that security and defense continue to be big business in today’s market. The innovations of companies like Patriot One Technologies, Inc. (TSX.V: PAT) (OTCQB: PTOTF) aim to effectively fight these types of attacks on the innocent with cutting-edge technology that actually helps prevent suicide attacks and other acts of mass violence from ever taking place. “Engaged in creating powerful solutions that minimize security risks, Patriot One employs novel radar technology for the detection of concealed weapons. The company’s disruptive PATSCAN™ technology, the first system of its…

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TuesdayJun 20, 2017 9:29 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Secures Funding to Drive Development of Bitcoin Payment Solution

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced that it has successfully closed a $1 million company-friendly convertible promissory note with an institutional investor. Per the update, the company intends to use this funding to execute on its previously announced bitcoin payments solution, which it is developing in partnership with First BitCoin Capital (OTC: BITCF). “This is great timing for SinglePoint. We have many acquisitions deals in the pipeline, and access to this capital will exponentially increase the chances of getting these done,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “In addition, we have many…

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TuesdayJun 20, 2017 8:58 am

NetworkNewsBreaks – ProBility Media Corp. (PBYA) Records 253% YOY Revenue Growth for 2Q17

Education technology company ProBility Media Corp. (OTCQB: PBYA) this morning announced its financial results for the fiscal second quarter ended April 30, 2017. Among the highlights, the company recorded revenues of $1,840,647 for the three-month period, marking an increase of 253 percent over the second quarter of 2016. Notably, this year-over-year growth represents the fourth straight quarter in which ProBility has recorded increasing revenues. “We are extremely proud of our incredibly talented team that continues to deliver sequential revenue growth and record sales,” Evan Levine, Noah Davis and Steven Plumb, executive management team members of ProBility, noted in a joint…

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MondayJun 19, 2017 12:25 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on June 19, 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: ZN 50.59% – News: Issues update on ongoing drilling at Megiddo-Jezreel #1 well ESSI 21.62% – News: Law firm notifies investors of a class action lawsuit MSDI 18.37% – News: Enters LOI with Innovate Biopharmaceuticals regarding a possible reverse merger VBLT 9.34% – News: Provides an update on patients from three completed phase 2 trials OPGN 9.03% – News: Enters supply agreement for Thermo Fisher Scientific’s technology to advance Acuitas® Rapid Test SNGX 8.91%…

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MondayJun 19, 2017 12:25 pm

NetworkNewsBreaks – Rigel Pharmaceuticals, Inc.’s (NASDAQ: RIGL) Shares Rise on FDA Accepting TAVALISSE™ NDA to Treat Chronic ITP

Shares of Rigel Pharmaceuticals (NASDAQ: RIGL) climbed 17% higher this morning after the company said the U.S. Food and Drug Administration (FDA) has filed its New Drug Application (NDA) for the use of TAVALISSE™ in patients with chronic or persistent immune thrombocytopenia (ITP). Data from all studies, such as preclinical evaluation and drug manufacturing data, were included in the NDA submission. Based on the Prescription Drug User Fee Act, Rigel anticipates the action date for the FDA to complete its review will be April 17, 2018. The FDA has previously granted Orphan Drug designation to TAVALISSE™ for the treatment of…

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