NetworkNewsBreaks

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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FridayMay 26, 2017 12:09 pm

NetworkNewsBreaks – Clean Energy Fuel Corp. (NASDAQ: CLNE) Secures Multi-Year Contract with LA Metro for Redeem™

Clean Energy Fuels (NASDAQ: CLNE) this morning said that the Los Angeles County Metropolitan Transportation Authority has awarded the company a renewable natural gas (RNG) contract to fuel its fleet of transit buses. Per the deal, Clean Energy will provide LA Metro with its Redeem™ brand of RNG, a renewable vehicle fuel made entirely from 100% organic waste. The contract includes a one-year pilot in which the company will provide Redeem™ to one of Metro’s compressed natural gas stations, which are currently operated and maintained by Clean Energy. An additional option permits the company to provide Redeem™ to the entire…

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FridayMay 26, 2017 12:07 pm

NetworkNewsBreaks – Sino-Global (NASDAQ: SINO) Extends Strategic Partnerships with Two Chinese Logistics and Transportation Companies

Sino-Global Shipping America (NASDAQ: SINO) shares are up 13% after the company said it has signed two project agreements with Sinotrans Guangxi Co. and COSCO Beijing International Freight Co., Ltd. The project agreements are extensions of an initial strategic cooperation framework agreement and inland transportation agreement signed in December 2016. Per the agreements, Sino-Global will continue its efforts to convert commodity in-bulk shipments to containerization of the commodities shipped between China and the United States. The company will also manage all ground logistics and custom declaration services in the U.S. for Sinotrans Guangxi and COSFRE Beijing. "We believe there is…

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ThursdayMay 25, 2017 2:52 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on May 25, 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: CFRX 19.23% – News: Initiates international phase 2 study of CF-301 as a potential treatment of Staphylococcus aureus (Staph aureus) bacteremia GASS 8.52% – News: Posts increased net income on record revenues for Q1 2017 MICT 7.63% – News: Additional purchase order pushes backlog to record $11.5M OPGN 7.41% – News: Will present at ASM Microbe 2017, June 1-5 RNVA 3.42% – News: Appoints Michael Pollack as interim CFO XPLR 2.56% – News: Will…

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ThursdayMay 25, 2017 11:59 am

NetworkNewsBreaks – Shares of Micronet Enertec Technologies, Inc. (NASDAQ: MICT) Surge on Record Backlog of $11.5M

Micronet Enertec Technologies (NASDAQ: MICT) shares are up 14% in morning trade after the developer of customized military computing products said its Micronet Ltd. ("Micronet") subsidiary has received an additional purchase order from a current customer valued at approximately $2.1 million for 8,000 units of its TREQ®-317. This recurring order is expected to be fulfilled during the third and fourth quarters of 2017. A prior purchase order from the same customer, a U.S.-based bulk material supply chain solutions company, was announced in March 2017 and was also valued at $2.1 million. "This order puts our MRM division's backlog at over…

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ThursdayMay 25, 2017 11:56 am

NetworkNewsBreaks – Diana Containerships, Inc. (NASDAQ: DCIX) Inks New Time Charter Contract, Announces Nasdaq Compliance Notice; Shares Nudge Higher

Global shipping company Diana Containerships (NASDAQ: DCIX) this morning announced its time charter contract with Mitsui O.S.K. Lines Ltd. for one of its Post-Panamax container vessels, the m/v Puelo. The gross charter rate is US$14,600 per day, minus a 1.25% commission paid to third parties, for a period of approximately 50 days. The charter is expected to commence June 13, 2017. Separately, Diana Containerships said it has received notice from The Nasdaq Stock Market that the company is not in compliance with Listing Rule 5450(a)(1), as its closing bid price was below the minimum $1 per share bid price for…

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ThursdayMay 25, 2017 11:21 am

NetworkNewsBreaks – Naked Group (NASDAQ: NAKD) Shares Slide on Merger, Reorganization Agreement with Bendon Ltd.

Shares of Naked Group (NASDAQ: NAKD) slumped 11% this morning after the fashion and lifestyle brand announced its merger with Bendon Ltd., a privately held intimate apparel and swimwear company. Per the agreement, Naked Group and Bendon will become wholly owned subsidiaries of the newly formed Australian company, Bendon Group Holdings Ltd. (Holdco). Pending regulatory and shareholder approval, Holdco’s ordinary shares are expected to list on NASDAQ or NYSE by the end of October 2017. “This transformative merger will create a powerful portfolio of iconic innerwear, sleepwear, and swimwear brands. We believe this merger will enable the combined company to…

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ThursdayMay 25, 2017 11:19 am

NetworkNewsBreaks – Moxian, Inc. (NASDAQ: MOXC) Competes in Key China Market Expected to Reach $48B This Year

As it competes in the huge Chinese sector of online-to-offline marketing, Moxian (NASDAQ: MOXC) has solidified its financial position. Intrigued by the size of China’s O2O market and Moxian’s ambitious strategy for growth, SeeThruEquity has projected that Moxian could achieve revenues of $24.1 million and net income of $4.5 million in FY 2018, providing the company can demonstrate its ability to raise additional capital, as the O2O market is anticipated to reach $48 billion in 1H17. “The high technology Shenzhen, China-based company netted some $8.5 million in an equity offering, at $4 per share, late in 2016 that resulted in…

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WednesdayMay 24, 2017 1:03 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on May 24, 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: OLVI 14.15% – News: Begins trading on the U.S. over-the-counter market RADA 14.12% – News: Posts Q1 2017 financial results WCUI 9.86% – News: Stealth Mark moves corporate HQ and manufacturing plant to Tennessee BNKL 8.57% – News: Partners with Ginger Capital Investment Holding Ltd. CHFS 6.05% – News: Retains CORE IR FHCO 5.71% – News: Plans to advance VERU-944 into phase 2 clinical trial MSRT 5.26% – News: Issues shareholder update SCYX 4.32%…

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