NetworkNewsBreaks

WednesdayMay 31, 2017 12:54 pm

NetworkNewsBreaks – MEI Pharma, Inc. (NASDAQ: MEIP) Exceeds Pre-Specified Response Rate Study of ME-401 in CLL and Follicular Lymphoma

Shares of MEI Pharma (NASDAQ: MEIP) are higher in mid-day trade on news that an independent Safety Review Committee has completed its pre-specified review of the first cohort of six evaluable patients in a phase Ib study of the company's potent and selective oral PI3K delta inhibitor, ME-401, in relapsed/refractory chronic lymphocytic leukemia (CLL) and follicular lymphoma. "PI3K delta inhibitors have demonstrated clear activity in the treatment of CLL and follicular lymphoma, but at the expense of well-defined and substantial toxicities. We believe this provides an opportunity for a highly differentiated drug that is both effective and safe. Now we…

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WednesdayMay 31, 2017 11:54 am

NetworkNewsBreaks – EMA Committee for Orphan Medicinal Products Recommends Designation for Catalyst Biosciences, Inc.’s (NASDAQ: CBIO) Factor IX

Shares of Catalyst Biosciences (NASDAQ: CBIO) are 15% higher this morning on news that a positive opinion recommending orphan medicinal product designation has been issued by the European Medicines Agency Committee (EMA) for Orphan Medicinal Products (COMP) regarding Catalyst’s CB 2679d for the treatment of hemophilia B. The clinical-stage biopharmaceutical company’s highly potent next-generation coagulation Factor IX variant demonstrated potential to normalize human Factor IX levels with a daily subcutaneous injection in preclinical studies. Currently approved therapies rely on numerous intravenous infusions. “Obtaining orphan drug designation is an important part of our regulatory approval strategy for CB 2679d, and the…

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WednesdayMay 31, 2017 10:55 am

NetworkNewsBreaks – Cannabis Wheaton (TSXV: CBW) to Invest $30M in ABcann Global Corporation (TSXV: ABCN) for Construction of Additional Cannabis Cultivation Facility

Medical cannabis grower ABcann Global (TSXV: ABCN) is set to receive an investment of $30 million from Cannabis Wheaton Income (TSXV: CBW) for the funding of a 50,000-square-foot cultivation space at ABcann’s proposed facility to be located in Napanee, Ontario. Per a binding interim agreement announced earlier this week, Cannabis Wheaton’s investment will fund the construction of an “expansion production area” that is in addition to ABcann’s 100,000-square foot-facility, which is expected to commence construction “imminently.” Cannabis Wheaton will receive 50% of the proceeds (net of certain costs) of future wholesale or retail sales completed by ABcann with respect to…

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TuesdayMay 30, 2017 1:08 pm

NetworkNewsBreaks – Player’s Network, Inc. (PNTV): New Medical Marijuana Licenses Enable the Start of Cultivation and Production Operations

Player’s Network (OTCQB: PNTV) today achieved a corporate milestone as it received its medical marijuana licenses that permit the company to commence operations in its 27,000-square-foot facility in North Las Vegas. The company’s plans to become fully operational include activating the core processes necessary to commence cultivation and production operations. Green Leaf Holdings, the company’s subsidiary, is set to begin planting this week under its Cultivation License. “This has been a long journey through the mountains of paperwork and regulatory requirements to become fully compliant. Now we can finally put our plan into place and focus on developing amazing brands…

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TuesdayMay 30, 2017 12:58 pm

NetworkNewsBreaks – Reopened Patent Case Sends ParkerVision, Inc. (NASDAQ: PRKR) Shares Higher

ParkerVision (NASDAQ: PRKR) shares are up 9% in mid-day trade after the radio-frequency technologies company said its request to lift the stay and reopen its patent infringement case against Apple (NASDAQ: AAPL), LG and Qualcomm (NASDAQ: QCOM) was granted by the Middle District of Florida. Additionally, the court ordered the parties to conduct a case management conference within 30 days and subsequently file a case management report within the 14 days following the conference. The company filed its request to reopen the case on May 4 after the International Trade Commission’s ruling to approve the company’s motion to terminate its…

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TuesdayMay 30, 2017 12:41 pm

NetworkNewsBreaks – Quest Management, Inc. (QSMG) Shares Skyrocket on Plans to Acquire Sanavida, Enter Telemedicine Market

Shares of Quest Management (OTC: QSMG) are up 84% mid-morning on news the company is negotiating to acquire Sanavida, which will provide Quest an entry point into the telemedicine market. Sanavida is a solution designed to provide uninsured individuals discounts to certain health care providers. The platform is available in both English and Spanish. A monthly subscription to Sanavida includes online consultation by a physician with no co-pay, discounted medical visits, prescriptions, diabetic supplies, counseling, and more. To view the full press release, visit: http://nnw.fm/Hk02g About Quest Management, Inc. Quest Management, Inc. provides an environment where its group of innovators,…

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TuesdayMay 30, 2017 9:32 am

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Subsidiary Announces Launch of Loyalty Program for Merchants

Net Element, Inc. (NASDAQ: NETE) announced this morning that its PayOnline subsidiary is now offering a loyalty program to its merchants. This new program provides clients access to valuable special offers and discounts for business services they are likely using, such as SEO, digital telephony, website hosting, fulfillment, and more. Companies participating in the loyalty program include Livetex, CoMagic, VertComm, Trilan, ISPserver, UiS and ExpressRMS. "Payment is at the heart of any online company, but by providing access to a select few business service providers PayOnline is aiming to become a gateway for merchants starting or developing their business," stated…

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FridayMay 26, 2017 1:34 pm

NetworkNewsBreaks – nFüsz (FUSZ) Enters Global Interactive Video Sales and Marketing Agreement with Accessory Geeks

nFüsz (OTCQB: FUSZ) this morning said that it has entered into an agreement to be the exclusive provider of in-video, interactive sales and marketing e-commerce solutions for CGETC, Inc. CGETC is an international e-commerce provider recognized in the U.S. as 'Accessory Geeks.' CGETC represents hundreds of U.S. and international brands and provides e-commerce solutions to foreign brands seeking to do business in the U.S. and domestic brands seeking to expand their e-commerce capabilities overseas. "We are so excited to be working with CGTEC, their brands, and their partners to deliver first-of-its-kind in-video interactive e-commerce solutions to manufactures and retailers domestically…

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FridayMay 26, 2017 1:33 pm

NetworkNewsBreaks – Alliance MMA, Inc. (NASDAQ: AMMA) Names New Executive VP of Operations

Alliance MMA (NASDAQ: AMMA) this morning reported that Burt Watson has been promoted to executive vice president of operations. The newly formed position was a result of the company’s expanding domestic footprint, which now includes nine branded regional MMA promotions, each strategically positioned in desired media markets across the country. The key operations role will intensify focus on revenue and profitability. “We are extremely gratified that Burt will now be applying his well-seasoned promotional experience and extraordinary leadership skills, working in close collaboration with our General Managers, towards providing direct oversight of the operational and financial performance of our regional…

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FridayMay 26, 2017 1:33 pm

NetworkNewsBreaks – MagneGas Corp. (NASDAQ: MNGA) Issues Update On Client Growth

MagneGas (NASDAQ: MNGA) this morning provided an update on the status of the company’s client growth, including news that new client acquisitions for 2017 are paced to grow at the fastest rate in company history. Additionally, the average sales per client are growing at the fastest pace since MagneGas acquired Equipment Sales & Service Inc. (ESSI) in 2014. MagneGas and its subsidiary have increased their average revenues per client by 272% from 2014 to 2017. "When we acquired ESSI in 2014, we were optimistic that we could leverage the acquired customer base and an experienced sales team to demonstrate the…

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