NetworkNewsBreaks Archive - Page 2088 of 2138

WednesdayFeb 08, 2017 12:16 pm

NetworkNewsBreaks – Plug Power, Inc. (NASDAQ: PLUG) Ships First Production ProGen Engines to CA; Chinese Shipments Set For Q2 2017

Plug Power (NASDAQ: PLUG) this morning announced its shipment of the first production ProGen fuel cell engines for use in electric delivery vehicles. The first deliveries will function as range extenders in electric FedEx Freight delivery vans in and around Los Angeles, doubling the vehicle’s range. ProGen engine shipments for delivery vans in the China market begin in the second quarter of 2017 and will be utilized for on-road trials and certification. The company notes that China is actively driving fuel cell and hydrogen adoption within the country, making it an attractive market. “The electrification of the auto market is…

WednesdayFeb 08, 2017 12:11 pm

NetworkNewsBreaks – RGS Energy (NASDAQ: RGSE) Shares Sink following Pricing of $6M Public Offering

Shares of RGS Energy (NASDAQ: RGSE) are down 20% mid-morning after the company announced its securities purchase agreement for a registered offering of common stock and warrants. The “Primary Units” each consist of one share of Class A common stock (par value $0.0001) and a Series M Warrant to purchase common stock. The “Alternative Units” each consist of one prepaid Series N Warrant to purchase one share of common stock and a Series M Warrant to purchase common stock. The purchase price for a Primary Unit is $2.50 per unit and the purchase price for an Alternative Unit is $2.49…

WednesdayFeb 08, 2017 12:05 pm

NetworkNewsBreaks – Cellect Biotechnology (NASDAQ: APOP) Treats First Cancer Patient In Phase I/II Trial of ApoGraft™; Shares Surge

Cellect Biotechnology (NASDAQ: APOP) is trading 26% higher mid-morning following word the company has treated the first blood cancer patient in the recently initiated phase I/II trial of its stem cell technology ApoGraft™. The intent of the trial is to assess the Cellect ApoGraft™ process which is designed to prevent Graft-versus-Host Disease (GvHD), a common complication linked to stem cell transplant. Additionally, the company expects to release definitive and complete results of its trial on healthy volunteers before the end of the first quarter this year. “Enrolling our first cancer patient to be treated using our groundbreaking method is a…

TuesdayFeb 07, 2017 12:38 pm

NetworkNewsBreaks – Iao Kun Group Holding Company Ltd. (NASDAQ: IKGH) Enters Chinese Technology Industry with Majority Stake in LiNiu Network

Iao Kun Group (NASDAQ: IKGH) this morning said its strategy to focus on the Chinese technology industry begins with its acquisition of a 51% interest in Jia-Heng Industrial Ltd., the holding company of Guangzhou LiNiu Network Technology Co. Ltd., a software technology development company that's developing an electronic B2C trading platform focused on the Chinese agricultural industry. Per the agreement, IKGH will issue 12.484 million ordinary shares upon the transaction’s closing, as well as cash consideration that is contingent upon LiNiu Network achieving after-tax income targets. The acquisition is expected to close in the first quarter of 2017. “After appropriate…

TuesdayFeb 07, 2017 12:36 pm

NetworkNewsBreaks – Israel’s B.O.S. (NASDAQ: BOSC) Hits “Significant Milestone” with $380,000 Order from American Customer

B.O.S. Better Online Solutions ("BOS") (NASDAQ: BOSC) is trading higher after the RFID and mobile solutions provider said its Supply Chain Division has received an electronic components order from an American customer valued at $380,000. The order is anticipated to be delivered in the first quarter of 2017. “This order marks a significant milestone in our sales to the American market, as we expect it to be followed by additional orders from this customer,” BOS president Avidan Zelicovski stated in the news release. BOS is scheduled to release its fourth-quarter and fiscal year results on March 21. To view the…

TuesdayFeb 07, 2017 12:34 pm

NetworkNewsBreaks – VBI Vaccines, Inc. (NASDAQ: VBIV) Trades Higher on Positive Scientific Advice from EMA

VBI Vaccines (NASDAQ: VBIV) ("VBI") this morning said it has received positive scientific advice regarding its European development path for its Sci-B-Vac™ vaccine from the European Medical Agency’s (EMA) Committee for Medicinal Products for Human Use (CHMP). In its letter, the CHMP stated its support of VBI's proposed plan to proceed to the phase III clinical studies of Sci-B-Vac™, and agreed that the product information and data from ongoing studies supports the phase III clinical studies and VBI's planned filing of a market authorization application. The company is also evaluating plans for the pivotal phase III clinical studies with the…

TuesdayFeb 07, 2017 10:28 am

NetworkNewsBreaks – Stealth Technologies, Inc. (STTH) Announces Engagement of NetworkNewsWire

Stealth Technologies, Inc. (OTCQB: STTH), a company focused on the development and commercialization of technology aimed at identity protection and personal safety, this morning announced its engagement of NetworkNewsWire (NNW) for corporate communications solutions. NNW is a multifaceted financial news and publishing company working to help public and private organizations find their voice and build market visibility by leveraging a rapidly expanding distribution network of more than 5,000 key syndication outlets. “Innovation is a cornerstone of our corporate strategy at Stealth Technologies, and this includes constant refining of our communications initiatives as we capture our share of the personal emergency…

TuesdayFeb 07, 2017 9:50 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Announces Position as a Debt-Free Company

Full-service mobile technology and marketing provider SinglePoint, Inc. (OTC: SING) this morning announced that it is now officially debt-free. The milestone comes as a result of the company’s ongoing fundraising initiatives, which have already resulted in the addition of more than $300,000 of working capital to its balance sheet. SinglePoint has also entered into a Letter of Intent stemming from these efforts that’s expected to result in the securement of $1 million of additional funding. Per this morning’s update, SinglePoint intends to use the capital from these fundraising efforts to support its proposed uplisting to the OTCQB Venture Market later…

MondayFeb 06, 2017 1:17 pm

NetworkNewsBreaks – Aytu Bioscience, Inc.’s (AYTU) MiOXSYS® Platform Addresses Diagnostic Challenges of Male Infertility

Oxidative stress is known to be a contributing factor to male infertility, though a significant amount of infertility cases remain unexplained. This is largely due to a lack of standardized tests to determine oxidative stress. A new clinical application called MiOXSYS®, however, is set to change that by assessing oxidative stress levels in semen as an aid in the diagnosis of male infertility. The platform is being developed by Aytu BioScience (OTCQX: AYTU), a leading pharmaceutical company focusing on the commercialization of innovative urology products. The company is currently pursuing regulatory approval for commercialization in the United States while boosting…

MondayFeb 06, 2017 1:15 pm

NetworkNewsBreaks – Newtek Business Services Corp. (NASDAQ: NEWT) Embraces E-Commerce as Growing Payment Trend

As a business development company, Newtek Business Services (NASDAQ: NEWT) is focused on providing financial and business services to the small- and medium-sized business market. Through its electronic payment processing, managed technology solutions, small business finance, and Capcos segments, Newtek has helped increase revenues, reduce expenses and minimize risks for over 100,000 business accounts. Newtek’s electronic payment and eCommerce solutions portfolio companies processed $4.7 million in sales for its eCommerce merchants on Black Friday 2016, a substantial 12.6% increase over Black Friday the year prior. To learn more, visit www.newtekone.com About Newtek Business Services Corp. Newtek Business Services Corp., Your…

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