NetworkNewsBreaks

FridayJan 13, 2017 1:58 pm

NetworkNewsBreaks – Naked Brand Group, Inc. (NASDAQ: NAKD) Shares Skyrocket on LOI to Merge with Bendon Limited

Shares of Naked Brand Group (NASDAQ: NAKD) soared 173% following this morning’s announcement that the company has entered into a letter of intent for a proposed merger with Bendon Limited to create a portfolio of innerwear, sleepwear and swimwear brands. Per the agreement, Bendon gains immediate access to the U.S. market while Naked will be able to leverage Bendon’s well-established global distribution channels. Naked CEO Carol Hochman will serve as COO of the emerging company. “We are extremely excited about the potential of this proposed merger, and look forward to capitalizing on Bendon’s scale and expertise to further expand the…

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ThursdayJan 12, 2017 4:05 pm

NetworkNewsBreaks – Ur-Energy, Inc. (NYSE: URG) Posts Operation Rates above Initial Projections, Reliable Cash Flow

Ur-Energy (NYSE MKT: URG) recently posted its operational results for fourth quarter and year-end 2016, also reporting operational highlights and recent developments such as uranium sales for its Lost Creek in-situ recovery (ISR) uranium facility in south-central Wyoming. Contract sales for the fourth quarter from Lost Creek-produced U3O8 totaled 100,000 pounds at an average price of $32.70 per pound, for sales revenues of $3.3 million. For the year, the company had 662,000 pounds of U3O8 under contract at an average price of $47.61. “Our operations in 2016 continued at rates still well above initial projections for this period in Lost…

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ThursdayJan 12, 2017 2:19 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on January 12, 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: PRED 19.65% – News: Recieves U.S. patent for method of performing an advanced reproductive therapy NTFU 11.81% – News: Positive article by CFN Media Group discusses financial performance and distribution network SIRC 11.76% – News: Set to open new sales and installation facility in San Dimas, California CIIX 11.39% – News: New China-based brick and mortar headquarters for cannabidiol health products online store DCTH 9.11% – News: Announces ongoing data collection in ICC cohort…

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ThursdayJan 12, 2017 2:19 pm

NetworkNewsBreaks – Sino-Global (NASDAQ: SINO) Inks Deal with China Ocean Shipping Agency Qingdao Co.

Sino-Global Shipping America (NASDAQ: SINO) this morning said it has entered into a strategic cooperation agreement with China Ocean Shipping Agency Qingdao Company ("COSCO”) in which COSCO will use Sino-Global’s logistics platform to transport its container shipments into U.S. ports in exchange for a percentage of the total amount of each transportation fee. The agreement reinforces the companies’ ongoing partnership and will expand Sino-Global’s presence in the Shandong province, as well as in other regions, through COSCO's relationships with local subsidiaries in the area. "We continue to seek strategic partnerships and joint venture opportunities that will expand the Company's reach…

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ThursdayJan 12, 2017 2:16 pm

NetworkNewsBreaks – Transgenomic, Inc. (NASDAQ: TBIO) Shares Skyrocket on Licensing Deal with LifeLabs for ICE COLD-PCR, Canadian Patent Allowance

Shares of Transgenomic (NASDAQ: TBIO) are up roughly 169% late morning on word of its licensing agreement with Canadian laboratory service provider LifeLabs, which will use Transgenomics’ ICE COLD-PCR (ICP) technology as its mutation enrichment platform for cancer testing. The three-year renewable agreement permits LifeLabs to benefit from technology improvements and additional product launches during its term. Separately, Transgenomic also announced issuance of a new Canadian patent for ICP which covers the use of the ICE COLD-PCR method that enriches mutated DNA sequences in a background of normal DNA through to 2030. “We believe that this sizable commercial licensing agreement…

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ThursdayJan 12, 2017 2:13 pm

NetworkNewsBreaks – BioLargo, Inc. (BLGO) on Cusp of Commercial Betas of AOS Filter System

BioLargo (OTCQB: BLGO) is a science and technology company that, for the last decade, has continued to innovate sustainable, disruptive technology-based science products designed to help solve problems threatening the world’s supply of water, food, agriculture, health care and energy. As an “invention” company, BioLargo and its subsidiaries deliver impactful products and services featuring BioLargo® Technology for both regulated and unregulated uses and applications. Last fall, the company announced the completion of the alpha unit of its advanced water treatment system - the AOS Filter (advanced oxidation system) – for applications ranging from food and agriculture to ballast water treatment.…

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WednesdayJan 11, 2017 3:41 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on January 11, 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: GRSO 37.44% – News: Releases shareholder update CTXR 27.67% – News: Mino-Lok™ treatment addresses antibiotic resistant pathogens VPRB 21.89% – News: Launched product with Kush Army Knives, LLC WTXR 16.67% – News: Formed WTXR Operating (Texas) Inc. subsidiary NMUS 16.44% – News: Signed licensing agreement with the University of Mississippi TWOH 7.78% – News: Launched marketing campaign for Two Hands application CYDY 6.19% – News: Requested Breakthrough Therapy Designation from the FDA for PRO…

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WednesdayJan 11, 2017 3:41 pm

NetworkNewsBreaks – Intellipharmaceutics International, Inc. (NASDAQ: IPCI) Forecasts Improved Annual Sales on Launch of Generic Focalin XR®

Intellipharmaceutics’ (NASDAQ: IPCI) is uniquely positioned to operate in the niche market created by the expiration of drug product patents and exclusivity periods. Part of the company’s strategy includes formulating generic products that are bioequivalent to products covered by soon-to-expire or already expired patents. Intellipharmaceutics recently announced that its marketing partner, Par Pharmaceutical (“Par”), has launched its generic Focalin XR® capsules in 25 and 35 mg strengths in the United States. The FDA has approved Par’s abbreviated new drug application (“ANDA”) for its generic Focalin XR capsules in the 5, 10, 15, 20, 25, 30, 35 and 40 mg strengths. As…

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WednesdayJan 11, 2017 3:33 pm

NetworkNewsBreaks – Guitammer (GTMM) Reports 475% Increase in FY2016 ButtKicker® Sales; Says 2017 Will Be Even Better

Reporting a triple-digit sales increase of its ButtKicker®-equipped cinema seats for full-year 2016, The Guitammer Company (OTCQB: GTMM) forecasts that its performance in 2017 will be even stronger. The Ohio-based company yesterday said it sold over 11,300 new ButtKicker®-equipped cinema seats for 57 new auditoriums in 2016, marking a 475% increase compared to 12 auditoriums and over 2,500 seats in 2015. There are now more than 20,000 ButtKicker-enabled seats in over 105 cinema auditoriums worldwide. The company also guided for continued growth this year, and said it expects to ship ButtKicker products for 1,000 seats in five new auditoriums by…

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WednesdayJan 11, 2017 3:26 pm

NetworkNewsBreaks – Petrogas (PTCO) Shares Climb on Acquisition of Fractional Interest in Texas

Shares of Petrogas Company (OTC: PTCO) are up 9% after the company said it has acquired a fractional interest in 11 oil and gas wells operated by Vanguard Operating (NASDAQ: VNR) in Cherokee County, Texas. Only some of the wells are currently producing hydrocarbons. "This is the type of acquisition we love to make as most of these wells had their production turned off in 2014 when oil prices began sliding. Now that prices are coming back to profitable levels, we expect that all offline wells could be brought back to production with minimal effort over the coming months," Petrogas…

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