NetworkNewsBreaks

MondayAug 14, 2017 9:08 am

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Launches Cryptocurrency Education and Trading Subscription Service

Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced the launch of its cryptocurrency education and trading subscription service on Chinesefn.com. The new subscription service will cover news and provide analysis regarding all aspects of the emerging digital currency world, including industry trends, price movement and sector related stocks. “Cryptocurrencies like bitcoin have become a global phenomenon,” Warren Wang, founder and CEO of CIIX, stated in the news release. “Since January 2015, the price of Bitcoin has increased 500% from $200 to $1,000 in January 2017, and just spiked to a record high over $4,000 as US-North Korea tensions…

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FridayAug 11, 2017 2:59 pm

NetworkNewsBreaks – Singlepoint Inc (SING) Occupies Progressive Position in Cryptocurrency, Legal Cannabis Markets

Singlepoint (SING) continues to gain momentum in the legal cannabis space, fully leveraging its acquisition-based growth strategy to gain entry points into new niches in the marijuana industry while strengthening existing endeavors. The company's most recent action was its purchase of the $Weed cryptocurrency from joint-venture partner First Bitcoin Capital (OTC: BITCF). A recent editorial titled, "Absent Federal Banking Support, Cannabis Market Shows Growing Interest in Proprietary Bitcoin Payment Solutions," further highlights the company's position as an early mover in providing payment solutions to the "unbanked" marijuana industry, as well as its range of marketing and payment processing solutions. To…

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FridayAug 11, 2017 12:33 pm

NetworkNewsBreaks – Tecnoglass, Inc. (NASDAQ: TGLS) Posts Q2 Results, Lowers FY Guidance; Shares at New 52-Week Low

Shares of Tecnoglass (NASDAQ: TGLS) reached a new 52-week low after the company reported second-quarter results, lowered its full-year 2017 outlook, and announced a 12% increase in its quarterly dividend to $0.14 for Q3. The manufacturer of architectural glass, windows and aluminum products reported total revenues of $81.0 million, an increase of 1.5% over the prior-year period. Adjusted net loss for the quarter was $2.6 million, or $0.08 per diluted share, compared to $9.3 million, or $0.28 per share. Tecnoglass now expects full-year revenues in the range of $320 million-$330 million compared to previous guidance of $360 million-$390 million. More…

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FridayAug 11, 2017 12:14 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on August 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: DRYS 64.2% – News: Announces $100M private placement with CEO, cancels Kalani Investments deal GNUS 6.5% – News: Q2 conference call scheduled for August 14 DRIO 5.0% – News: Will release Q2 results August 14 KGJI 3.5% – News: Q2 net sales increase 22% to $475.9M; net income decreases to $8.0M, $0.12 per share CALI 3.3% – News: Will report Q2 results August 14; conference call scheduled for August 15 HGSH 2.9% – News:…

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FridayAug 11, 2017 9:58 am

NetworkNewsBreaks – DryShips, Inc. (NASDAQ: DRYS) Soars on Private Placement, Canceled Deal with Kalani Investments

Coming off an earlier trading halt, shares of DryShips (NASDAQ: DRYS) are up 84% following news the company will sell its common shares to entities affiliated with its chairman and CEO, George Economou, for aggregate consideration of $100 million at a price of $2.75 per share. The board's  Audit Committee also approved a subsequent rights offering that would allow DryShips shareholders to purchase their pro rata portion of up to $100 million of the Company's common shares at a price of $2.75 per share. The Rights Offering will be backstopped in full by Sierra Investments Inc., an entity affiliated with…

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FridayAug 11, 2017 9:30 am

NetworkNewsBreaks – India Globalization Capital, Inc. (NYSE MKT: IGC) May Hold Blockbuster Position for Alzheimer’s Treatment

Savvy investors should be keeping a close eye on some key developments that have taken place within the past year relating to Alzheimer’s disease, medical cannabis, and India Globalization Capital (NYSE MKT: IGC). These developments include exciting, if preliminary, results relating to the effect of THC on amyloid-beta plaques—which are the plaques on neurons associated with Alzheimer’s disease—and a critical link between the related technology and IGC. "This information was summarized in an article first published on Benzinga (http://nnw.fm/6SSZi) and recently adapted for HIGH TIMES (http://nnw.fm/7AZcm), titled 'Marijuana Could Help Treat Alzheimer’s: Here’s How It Would Work.' “Details from these…

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FridayAug 11, 2017 9:24 am

NetworkNewsBreaks – EnteroMedics, Inc. (NASDAQ: ETRM) Prices $20M Public Offering

EnteroMedics (NASDAQ:ETRM), a developer of minimally invasive medical devices for the treatment of obesity, metabolic diseases and other gastrointestinal disorders, this morning priced its underwritten public offering of 20,000 units at a price to the public of $1,000 per unit. The gross proceeds to EnteroMedics is expected to be $20 million. A total of 20,000 shares of preferred stock convertible into 8.7 million shares of common stock, and warrants to purchase 8.7 million shares of common stock will be issued in the offering. The closing of the offering is expected to take place on or about August 16, 2017. To…

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ThursdayAug 10, 2017 2:58 pm

NetworkNewsBreaks – Invictus MD Strategies Corp. (OTC: IVITF) (TSX-V: IMH) Provides Update on Harvesting

Invictus MD Strategies Corp. (OTC: IVITF) (TSX-V: IMH) today announced the completion of its wholly owned subsidiary’s first two harvests earlier this month. Both harvests exceeded expectations and two more harvests are expected the first week of September. Additionally, the company reported that the 27,800 sq. ft. production facility currently under construction is scheduled for completion by the end of January 2018. The additional space is projected to increase production by 800%. Dan Kriznic, Chairman & CEO, Invictus MD, commented, "Invictus MD is well capitalized for expansion with approximately $28.5 million in cash and is prepared for an exciting year of…

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ThursdayAug 10, 2017 12:08 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on August 10, 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: CYAN 24.46% – News: Posts fiscal Q1 2018 financial results LUNA 16.53% – News: Posts Q2, first half 2017 financial results IDND 11.11% – News: Qiagen utilizes The Answer® to dispense nuclease-free water for molecular testing RADA 9.79% – News: Posts Q2 2017 financial results, hosts conference call TRCK 7.14% – News: Posts fiscal Q3 2017 financial results MACE 6.20% – News: Posts Q2, first half 2017 unaudited financial results DYSL 5.78% – News:…

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ThursdayAug 10, 2017 9:53 am

NetworkNewsBreaks – Arcadia Biosciences, Inc. (NASDAQ: RKDA) and Bioceres’ Joint Venture Receives Completed Safety Review by FDA

Arcadia Biosciences (NASDAQ: RKDA) before the bell said its joint venture with Bioceres S.A., Verdeca, has received notification that the FDA has completed its full review of the company’s safety evaluation for HB4 soybeans. This permits Verdeca products derived from HB4 soybeans to be used commercially in human food and animal feed. Additionally, completion of the FDA’s review marks a key regulatory achievement in the approval process for Verdeca’s HB4 drought stress tolerance trait. The company has submitted an environmental safety data petition to the U.S. Department of Agriculture (USDA) which is currently under review. The USDA is expected to…

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