NetworkNewsBreaks

MondayOct 09, 2017 12:34 pm

NetworkNewsBreaks – Inseego Corp. (NASDAQ: INSG) Enters Worldwide Strategic Partnership with Undagrid

Inseego (NASDAQ: INSG) this morning said it has entered into a global strategic partnership with Undagrid, a solution provider for non-motorized assets. Inseego, utilizing its brand and asset tracking SaaS platform Ctrack, will connect with Undagrid to enable a completely new level of asset visibility throughout the airport infrastructure. The partnership has already secured a large project at Amsterdam airport with KLM and additional projects in Germany, Hong Kong and Scandinavia. "The combination of Ctrack and Undagrid will make our customers smarter with deeper end to end visibility into their assets,” Inseego EVP of Telematics and SaaS Solutions Chris Lytle…

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MondayOct 09, 2017 12:15 pm

NetworkNewsBreaks – 22nd Century Group, Inc. (NYSE: XXII) Announces $54M Common Stock Only Registered Direct Offering

22nd Century Group (NYSE MKT: XXII) this morning said that it has entered into an agreement with institutional investors to collect approximately $54 million in gross proceeds in a registered direct offering from the sale of 20.57 million shares of common stock at a price of $2.625 per share. Total proceeds will raise the company’s cash balance to over $60 million, which covers all regular operating expenses for more than five years. Subject to customary closing conditions, the offering is anticipated to close on or about October 10, 2017. “More than $50 million in net proceeds will significantly improve our…

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MondayOct 09, 2017 12:12 pm

NetworkNewsBreaks – Trovagene, Inc.’s (NASDAQ: TROV) PCM-075 Obtains Orphan Drug Designation from FDA to Treat AML

Trovagene (NASDAQ: TROV) this morning said that on September 28 the U.S. Food and Drug Administration (FDA) granted an orphan drug designation to PCM-075 for the treatment of patients with acute myeloid leukemia (AML). The company is initiating a phase 1b/2 open-label trial to evaluate the safety and anti-leukemic activity of PCM-075 in combination with standard-of-care in patients with AML. The study will take place at 10 research sites across the U.S. "We see the FDA's granting of orphan drug designation for PCM-075 as underscoring the medical need for new therapies for patients with AML and an important step forward…

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MondayOct 09, 2017 9:23 am

NetworkNewsBreaks – Heatwurx, Inc. (HUWX) Closes Asset Purchase Agreement with Promet Therapeutics

Heatwurx, Inc. (OTC: HUWX) recently closed on an Asset Purchase Agreement with Promet Therapeutics, LLC. Following the close of the transaction, Heatwurx intends to change its name to Processa Pharmaceuticals and to apply for an appropriate new trading symbol. The company’s focus will be on developing drug products to improve the survival and quality of life for patients with a high unmet medical need or no alternative treatment options. The Promet equity holders as a group beneficially own 90%, and Heatwurx shareholders as a group beneficially own 10% of the equity of the company. Boustead Securities, an investment banking firm,…

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FridayOct 06, 2017 11:44 am

NetworkNewsBreaks – Algae Dynamics Corp. (ADYNF) Prepares for Increased Cannabis Demand in Canada

Algae Dynamics Corp. (OTC: ADYNF), a company engaged in developing unique health products and pharmaceuticals utilizing cannabis and algae oils, is well-positioned to benefit from the impending legalization of recreational marijuana in Canada, which the Canadian government is endeavoring to accomplish by mid-2018. The company’s focus on the development of proprietary research and products utilizing cannabis-derived botanical oils addresses two areas of key interest to consumers: the noted health benefits of cannabinoids and smoke-free alternatives for marijuana consumption. An article discussing this reads: “Algae Dynamics and its marketing team are actively preparing to respond to an increased market demand once…

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FridayOct 06, 2017 11:41 am

NetworkNewsBreaks – Greenkraft, Inc. (GKIT) Forwards Expansion Plans to Accommodate Growing Demand for Fuel-Efficient Commercial Vehicles

California-based Greenkraft, Inc. (OTCQB: GKIT), a company that specializes in producing alternative fuel automotive products, commercial trucks and engines, is continuing its pioneering work of providing cost-effective commercial trucks that operate under the power of alternative fuels. The company’s current expansion plans include constructing a larger manufacturing facility to meet the ever-increasing demand for fuel-efficient trucks that have varying carrying capacities. An article discussing this reads: “Most vehicles, especially commercial trucks, are powered by either gasoline or diesel, but this trend is beginning to change. The U.S. government is funding several efforts to help consumers find the alternative fuel or…

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FridayOct 06, 2017 11:40 am

NetworkNewsBreaks – Former ‘Shark Tank’ Star Kevin Harrington Discusses LottoGopher Holdings Inc. (OTCQB: LTTGF) (CSE: LOTO) (FRA: 2LG) Growth Strategy with Benzinga

Former “Shark Tank” star and infomercial industry pioneer Kevin Harrington recently advised Benzinga investors to keep watch for attractive entry points into the stock of LottoGopher Holdings Inc. (OTCQB: LTTGF) (CSE: LOTO) (FRA: 2LG), an innovative company for which he serves as a board member. LottoGopher is poised to disrupt the multibillion-dollar lottery industry in the U.S. by offering a subscription service that makes it possible for players to purchase and manage their lottery tickets online—no more need to stand in line at a physical location and pay with cash. An article discussing this reads: “LTTGF currently operates in the…

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FridayOct 06, 2017 11:39 am

NetworkNewsBreaks – 92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) Expands Portfolio of Prospective Lithium Projects

Modern energy solution company 92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) recently acquired three new properties in Quebec, Canada, that are highly prospective in hard-rock lithium. Consisting of 115 mineral claims on 14,710 combined acres, the sites are Corvette, Eastmain and Lac du Beryl. An article discussing this reads: “In a news release, Adrian Lamoureux, president and CEO of 92 Resources, said, ‘As we continue to aggressively advance our flagship Hidden Lake Lithium Project in NWT, we feel it is critical to maintain a pipeline of additional high-quality, early staged lithium pegmatite projects, each with potential as stand-alone…

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FridayOct 06, 2017 9:24 am

NetworkNewsBreaks – ORHub, Inc. (ORHB) Appoints Dr. Choll Kim to Advisory Board

Health care software-as-a-service company ORHub, Inc. (OTC: ORHB) this morning announced the appointment of Dr. Choll Kim, an industry-leading physician and instructor in the technological automation of surgical procedures, to its advisory board. “Dr. Kim is a phenomenal addition to our team, as he has gained international recognition in his field, and has trained a new generation of surgeons and operating room personnel in technologically advanced operating systems,” Colt Melby, CEO of ORHub, stated in the news release. “As a substantial contributor to the evolving industry, he has trained innumerable specialists throughout the country on the safe and effective application…

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ThursdayOct 05, 2017 3:30 pm

NetworkNewsBreaks – IGEN Networks Corp. (OTCQB: IGEN) (CSE: IGN) Launches Direct-to-Consumer Medallion GPS™

IGEN Networks (OTCQB: IGEN) (CSE: IGN) launched Medallion GPS™, a direct-to-consumer solution combining vehicle agnostic hardware with cloud-based smartphone software, on October 4th. The system’s offerings include stolen vehicle recovery support for automotive aftermarket customers, vehicle systems alerts, driver behavior monitoring and GPS tracking capabilities. The company will be unveiling the Medallion GPS™ products at the upcoming SEMA Show at the Las Vegas Convention Center taking place from October 31 to November 3. "Medallion GPS stands apart from anything else in the automotive aftermarket. Our hardware is truly vehicle agnostic, and can be installed in just about any vehicle without…

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