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ThursdayMar 30, 2017 1:08 pm

NetworkNewsBreaks – Tonix Pharmaceuticals (NASDAQ: TNXP) Prices Public Offering, Initiates Enrollment in HONOR Study

Tonix Pharmaceuticals (NASDAQ: TNXP) this morning released the pricing of an underwritten public offering of 1,800,000 shares of its common stock at a public offering price of $4.45 per share, for estimated gross proceeds of $8,010,000. The offering is expected to close on or about April 4, 2017, subject to customary closing conditions. Tonix intends to use the net proceeds for many projects, including the further development of pipeline programs, working capital and other general purposes, and to support the continued development of TNX-102 SL. Yesterday, Tonix said that Seth Lederman, M.D., president and chief executive officer will provide a…

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ThursdayMar 30, 2017 11:28 am

NetworkNewsBreaks – Aegis Capital Reiterates ‘Buy’ Rating, $8 PT on Matinas BioPharma Holdings, Inc. (NYSE: MTNB)

Aegis Capital has reiterated its ‘Buy’ rating and price target of $8 on Matinas BioPharma (NYSE: MTNB). Aegis cited positive results from the company’s phase 1 clinical trial of the safety, tolerability and pharmacokinetics of MAT2501, its cochleated version of amikacin used to treat different types of chronic and acute bacterial infections. Although mild adverse events on the gastrointestinal system were reported, they decreased when the drug was administered with food. No serious adverse events were reported. Aegis also noted recent, critical comments posted to a financial website, which the analyst believes to be incorrect and responsible for recent volatility…

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ThursdayMar 30, 2017 11:13 am

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Invests in Breakwater MB, LLC

Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced its investment in Breakwater MB, LLC, a cannabis-focused investment and consulting company formed by CIIX board member and former CFO Paul Dickman. CIIX’s initial investment into Breakwater MB will total $250,000, with the company maintaining an option to make additional investments at its own election. Per the news release, Breakwater MB intends to use the invested capital primarily to cover the costs of becoming a publicly traded company. CIIX management expects that this strategy will provide significant investment appreciate and opportunity for liquidity. “With the gradual opening up of the…

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ThursdayMar 30, 2017 10:33 am

NetworkNewsBreaks – MySize (NASDAQ: MYSZ) Trades Higher on Commercial Phase of KatzID Development

MySize (NASDAQ: MYSZ) shares are up 19% this morning after the company said it has completed the beta-pilot testing phase and has initiated the commercial phase of KatzID, a courier measurement application developed by MySize. KatzID will enable employees of Katz Corporation to easily and quickly measure the size of a parcel and calculate its exact shipping cost. The application also delivers barcode scanning, package pictures, location and more, which connect to Katz' ERP system to better manage their delivery processes. "Today marks a major milestone in the development of a very important product that is going to significantly improve…

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WednesdayMar 29, 2017 1:15 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on March 29, 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: DCSA 29.86% – News: Secures first coffee shop site in Manchester, UK SGLB 16.95% – News: Enters long term commercial agreement with Additive Industries B.V. VTGN 12.83% – News: Receives notice of intention to grant AV-101 patent from European Patent Office WKHS 12.67% – News: Attending the U.S. Department of Transportation 50th Anniversary ceremony March 29 RBNW 10.00% – News: Completes capital restructuring, secures new funding GRMX 9.14% – News: Launches proprietary fabrics in…

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WednesdayMar 29, 2017 1:14 pm

NetworkNewsBreaks – Recro Pharma, Inc. (NASDAQ: REPH) Receives ‘Buy’ Rating at Aegis Capital, PT Adjusted to $11

Aegis Capital has issued a ‘Buy’ rating and an adjusted price target of $11 on shares of Recro Pharma’s (NASDAQ: REPH) stock. Aegis lowered the price target to $11 from $25 as a result of the recent dilutive capital raise. Recro recently reported financial results for the year ended December 31, 2016. For the fourth quarter of 2016, the company reported revenue of $17.4 million, surpassing street consensus estimates of $13.8 million. Additionally, over the past year, the company has reported positive data for IV Meloxicam from two pivotal phase 3 trials, which Aegis cited as a catalyst for the…

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WednesdayMar 29, 2017 1:11 pm

NetworkNewsBreaks – Novocure (NASDAQ: NVCR) Receives ‘Buy’ Rating, $14 PT at Aegis Capital

Aegis Capital has issued a ‘Buy’ rating and $14 price target on shares of Novocure’s (NASDAQ: NVCR) stock. The report cites the company’s 151% growth in net revenues from 2015 to 2016 and attributes this growth primarily to Novovure’s Tumor Treating Fields (TTFields) technology. TTTFields have been approved for use in the U.S. and internationally for treating glioblastoma (GBM) patients. The company has big plans for 2017, including continuous market adoption in the U.S. and geographical expansion in Germany and Japan. For more information, visit www.novocure.com About Novocure Novocure is an oncology company developing a profoundly different cancer treatment centered…

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WednesdayMar 29, 2017 1:09 pm

NetworkNewsBreaks – Innocoll (NASDAQ: INNL) Receives FDA Meeting Minutes for XARACOLL® NDA; Shares Rally

Innocoll Holdings (NASDAQ: INNL) shares soared as much as 43% this morning – currently up 14% - after the company said it received formal Type A Meeting minutes from the United States Food and Drug Administration (FDA) relating to its New Drug Application (NDA) for XARACOLL. This clarifies the data that the company will need in order to address the questions raised in the Refusal to File (RTF) Letter the company received from the FDA in December 2016. During the Type A meeting, representatives of the FDA provided guidance which was confirmed in the formal FDA meeting minutes. The company…

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WednesdayMar 29, 2017 11:10 am

NetworkNewsBreaks – Players Network, Inc. (PNTV) Presenting at America First Investment Luncheon on March 31, 2017

Players Network’s (OTCQB: PNTV) CEO Mark Bradley and Director Brett H. Pojunis are set to present at the "America First Investment" financial luncheon hosted by ClubsCorp Business Network in Las Vegas on March 31, 2017, from 12:30-3:00 p.m. PDT. The diversified holding company was invited to present at the luncheon series that features select emerging companies who will present to attending investment bankers, institutional investors, and individual accredited investors. In addition to the presentation, both Bradley and Pojunis will be available for one-on-one meetings with investors. To register visit: https://goo.gl/gnkPRJ To view the full press release, visit: http://nnw.fm/Z3TrT About Players…

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TuesdayMar 28, 2017 1:59 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on March 28, 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: VPRB 23.00% – News: Sets date for grand opening of The Vape and Smoke Store on April 20 VTSI 21.67% – News: Secures international contract; sets record number of Q1 orders MBII 11.49% – News: Advancing novel bacteria and related proteins identified by Evogene (NASDAQ: EVGN) into bioinsecticide pipeline IGXT 14.12% – News: Receives exclusive license for Tadalafil ED dosing patent RPMT 10.00% – News: Inks definitive agreement with Be Informed BV STRM 8.33%…

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