NetworkNewsBreaks

TuesdayAug 22, 2017 9:18 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Enters Letter of Intent to Acquire Dr. FeelGood

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced that it has signed a letter of intent to acquire Dr. FeelGood, a profitable Phoenix-based medical marijuana company with plans to develop a proprietary delivery and ordering technology. Per the terms of the agreement, SinglePoint will acquire 51 percent of Dr. FeelGood through a combination of cash and stock, adding an additional revenue stream to SinglePoint while solidifying its acquisition-based revenue strategy. “This acquisition is right in our wheel house,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “I previously took a distribution company public on the NASDAQ…

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MondayAug 21, 2017 4:09 pm

NetworkNewsBreaks – Cardiome Pharma Corp. (NASDAQ: CRME) Shares Sink on Disappointing Regulatory Feedback

Shares of Cardiome Pharma Corp. (NASDAQ: CRME) are down 33% near market close, though pulling from a new 52-week low reached earlier in the day’s trading session. Cardiome this morning said the U.S. FDA has advised that the company’s proposed data package would not would not be sufficient to support a resubmission of the BRINAVESS New Drug Application (NDA). BRINAVESS is Cardiome’s antiarrhythmic drug for the rapid conversion of recent onset atrial fibrillation (AF). “In our most recent communication with the FDA, we proposed resubmission of the NDA based upon the original file and six years of accumulated safety data…

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MondayAug 21, 2017 2:10 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on August 21, 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: ARCI 139.3% – News: Posts Q2 revenues increase; turns to profit REFR 7.2% – News: Introduces two new Mercedes-Benz models DCIX 7.2% – News: Plans to reactivate one of its Panamax container vessels; subsidiary enters contract with Orient Overseas Container Line Ltd. MDVX 6.7% – News: Names Jesse Crowne as director and executive co-chairman of the board DXTR 4.6% – News: CEO Julian Nikolchev will present at Southern California Investor Conference on August 24…

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MondayAug 21, 2017 11:09 am

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Attending Southern California Investment Forum and MoneyShow San Francisco

Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced that it will attend the Southern California Investment Forum, which is set to take place on August 24, 2017, at Morton’s Steakhouse in San Francisco. Additionally, the company will attend the MoneyShow Conference at the Marriott Marquis in San Francisco, taking place August 24-26, 2017. “I am delighted that CIIX has been invited to attend the Southern California Investment Forum and MoneyShow San Francisco,” Warren Wang, CEO and founder of CIIX, stated in the news release. “MoneyShow hosts one of the most well-known investor conferences, which attracts traders and financial…

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MondayAug 21, 2017 9:30 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Finalizes Business Development Agreement with Pot Saver

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc., has finalized a business development agreement with Pot Saver, a Southern California-based community periodical providing listings on discounted cannabis-related products for local dispensaries and shops. “With the medical and recreational cannabis industry growing at an unprecedented rate in California, we are determined to be conscious of the multiple opportunities that currently exist, or that we can create for MoneyTrac to further expand its brand throughout the industry as well as tap into every available revenue source possible,” Vanessa Luna, COO of…

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MondayAug 21, 2017 9:09 am

NetworkNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Reports Financial Results for Quarter Ended June 30, 2017

India Globalization Capital, Inc. (NYSE MKT: IGC), a developer of cannabis-based therapies to treat a variety of life-altering conditions, this morning announced its financial results for the quarter ended June 30, 2017. “During the quarter, we secured an IP licensing agreement from the University of South Florida addressing a potential treatment for Alzheimer’s disease,” Ram Mukunda, CEO of IGC, stated in the news release. “This patent filing claims discovery of a new pathway: low doses of THC bind to amyloid beta plaques and prevent those plaques from aggregating on neurons, which is what occurs in Alzheimer’s disease and causes cognitive…

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FridayAug 18, 2017 1:40 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on August 18, 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: MNGA 38.9% – News: Reports Q2 preliminary financial results, business update IPDN 16.3% - News: Partner with the Women’s Forum for the Economy & Society; president is featured speaker TOPS 7.7% – News: Has regained minimum bid price listing requirement with NASDAQ RTTR 7.1% – News: Releases phase 3 plans after end of phase 2 meeting with FDA on RP-G28 for lactose intolerance EGAN 3.1% – News: Names SaaS sales veteran Todd Woodstra as…

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FridayAug 18, 2017 11:08 am

NetworkNewsBreaks – Recent Acquisitions, New Service Offerings Position ProBility Media Corp. (PBYA) to Become E-Learning Market Leader

ProBility Media Corp. (OTCQB: PBYA), an innovative EdTech company, is strengthening its foothold in the e-learning and training market through a series of recent acquisitions and new services and products. The company’s stated goal is to build the first full-service career advancement and training brand for the skilled trades, and ProBility is offering its blend of training and educational materials and virtual reality-based products for modeling training and 3D animation to a growing international market. “The Houston, Texas-based company has just completed the acquisition of Vermont-based provider of education and training materials Cranbury International, thus gaining access to a wide…

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FridayAug 18, 2017 11:05 am

NetworkNewsBreaks – Moxian, Inc. (NASDAQ: MOXC) Bridges Gap Between China’s Tech-Savvy New Consumer Class and Brick-and-Mortar Businesses

Catering to China’s up-and-coming, tech-savvy consumer class, Moxian, Inc. (NASDAQ: MOXC) is building a crucial bridge between e-commerce and brick-and-mortar retail, providing small- and medium-sized businesses with state-of-the-art turnkey solutions to help them harness Web searches and convert them into foot traffic. Moxian’s innovative and socially interactive online platforms and mobile apps are free to consumers, and they are helping move China’s consumers from online views to in-store retail purchases. “Moxian’s seductive social network integrates social media and business into a single platform that offers products, features and services that appeal to consumers, keeps them engaged and encourages them to…

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FridayAug 18, 2017 10:56 am

NetworkNewsBreaks – Diana Containerships Inc. (NASDAQ: DCIX) Enters Time Charter Contract with CMA CGM

Global shipping company Diana Containerships Inc. (NASDAQ: DCIX), through a separate wholly-owned subsidiary, this morning announced that it has entered into a time charter contract with CMA CGM, Marseille, for one of its Panamax container vessels, the m/v Domingo. The charter will commence on September 15, 2017, and will continue for a period of between eight and 11 months. The gross charter rate of this contract is $8,500 per day, minus a 3.5 percent commission paid to third parties. Diana expects to generate approximately $2.04 million of gross revenue for the minimum scheduled period of the time charter. Diana’s fleet…

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