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TuesdayNov 22, 2016 1:46 pm

NetworkNewsBreaks – Analyst: Net Element, Inc. (NETE) Could See Revenues of $55M for 2016

Net Element’s (NASDAQ: NETE) third-quarter results were recently the focus of a Zacks Small-Cap Research report (http://nnw.fm/O4nDy) by analyst Lisa Thompson. “With all of these factors in mind, Zacks forecast that Net Element could grow to $55 million in revenues in 2016 through a combination of internal growth, strategic acquisitions and change in revenue recognition." The research report goes on to claim that the company’s PPS "could rise to $7.30 next year using 2016 estimated gross margin of $10.6 million and a share count of 17 million shares.” To view the full article visit http://nnw.fm/IC9dP About Net Element Net Element,…

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TuesdayNov 22, 2016 1:44 pm

NetworkNewsBreaks – root9B (RTNB) Announces $790,000 Contract Extension for Cyber Defense

root9B, a root9B Technologies Company (OTCQB: RTNB), has extended its contract with a Fortune 500 company through October 2017 in a deal valued at more than $790,000. root9B provides advanced cyber defense operations, services and products for commercial and government clients. The company will continue to provide Manned Information Security services utilizing its ORION HUNT platform from the Adversary Pursuit Center (APC), the first-of-its-kind manned operations facility that offers real-time, remote computer network defense. root9B's cyber-defense operators remotely detect, pursue and remove advanced and dynamic cyber adversaries using the ORION platform. To view the full press release, visit: http://nnw.fm/1eBjO About…

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TuesdayNov 22, 2016 1:41 pm

NetworkNewsBreaks – Galenfeha, Inc. (GLFH) Divests Battery Division to Reduce Debts, advance toward Profitability

Galenfeha (OTC: GLFH) this morning reported the sale of its battery and stored energy division to Fleaux Services, LLC for a cash consideration of $350,000, as well as royalty payments on each battery sold for the next two years. Galenfeha founder and CEO James Ketner said the sale will help the company improve its balance sheet as part of aggressive efforts to curb short-term corporate obstacles.  "Galenfeha benefits from the sale by receiving cash to improve the company's balance sheet; significantly reduce SG&A costs; and move forward toward profitability… Fleaux Services can move the operation under their roof with a…

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TuesdayNov 22, 2016 1:39 pm

NetworkNewsBreaks – Anavex Life Sciences (AVXL) Reports Positive Data for ANAVEX 2-73 in Patients with Alzheimer’s; Shares Higher

Anavex Life Sciences (NASDAQ: AVXL) this morning issued a positive update from its phase 2a study of ANAVEX 2-73 in patients with mild-to-moderate Alzheimer’s disease. At 41 weeks, Alzheimer’s patients showed a stabilization of cognitive and functional measures taking a daily oral dosing between 10mg and 50mg of ANAVEX 2-73 in the exploratory clinical trial. The company notes the significance of this data, as current therapeutics are only able to temporarily slow the worsening of dementia symptoms rather than prevent disease progression. ANAVEX 2-73 was well tolerated, and there were no serious adverse events or clinically significant treatment-related adverse events.…

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TuesdayNov 22, 2016 1:35 pm

NetworkNewsBreaks – InterCloud Systems (ICLD) Shares Surge on $2M+ of New Contracts

InterCloud Systems (OTCQB: ICLD) is trading higher after announcing it has received over $2 million in professional service contracts to support next generation Wi-Fi and DAS network deployments from new and existing clients. The company provider of cloud networking orchestration and automation solutions and services said the new contracts support its broader growth plans. "We continue to build upon our backlog with significant new contracts. We continue to emphasize organic growth and execute on our plans to reduce debt and operating expenses in order to drive positive EBITDA. We look forward to a strong finish to the year and positive…

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MondayNov 21, 2016 3:39 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on November 21, 2016

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: MZEI 96.08% – News: AsepticSure receives EPA approval for U.S. market entry PGAS 50.00%– News: CEO pens open letter to shareholders OCLN 33.33% – News: Designates Progressive Water Treatment (PWT) as complete systems manufacturer ETST 25.32% – News: Initiates 60-patient clinical pre-launch study for MSN-2; names new CEO/CSO, president RXMD 17.69% – News: Posts record sales of over $13M in first nine months of 2016 USEL 16.67% – News: CEO will present in upcoming…

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MondayNov 21, 2016 3:26 pm

NetworkNewsBreaks – Medical Transcription Billing, Corp. (MTBC) Provides Secure Mobile Health Applications

Utilizing current technology while keeping private information secure has always been a key topic of conversation for the medical industry. Implementing programs that are easy to use and accessible to both the provider and patient can make a considerable difference in streamlining a traditional office setting. “As part of its constant efforts to offer one of the most comprehensive suites of electronic health records, practice management and revenue cycle solutions on the market, Medical Transcription Billing, Corp. (NASDAQ: MTBC; MTBCP) provides its customers with a comprehensive suite of mobile health applications designed to significantly improve patient engagement and give practices…

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MondayNov 21, 2016 12:06 pm

NetworkNewsBreaks – MicroVision, Inc. (MVIS) Inks Patent Licensing Deal with Taiwanese ODM; Shares Climb

MicroVision (NASDAQ: MVIS) is trading higher after the ultra-miniature projection display and sensing technology company said it has signed a license agreement for its PicoP® scanning technology with a Taiwanese ODM. Per the agreement, the ODM is licensed to make and sell Laser Beam Scanning (LBS) engines incorporating components it is purchasing from third parties. MicroVision would receive a royalty payment from the ODM for each LBS engine the ODM sells. To view the full press release, visit:  http://nnw.fm/GM0kI About MicroVision MicroVision is the creator of PicoP® scanning technology, an ultra-miniature laser projection and sensing solution based on the laser…

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MondayNov 21, 2016 12:04 pm

NetworkNewsBreaks – IntelGenx Corp. (IGXT) Shares Nudge Higher on License for Tadalafil Erectile Dysfunction Dosing Patent

IntelGenx Corp. (OTCQX: IGXT) is trading higher on word the company, with Eli Lilly (NYSE: LLY), has secured a license for the tadalafil erectile dysfunction dosing patent. Upon FDA approval, the license will allow IntelGenx to commercialize its Tadalafil ED VersaFilm™ product in the U.S. before the expiration of the patent. IntelGenx said it intends to file an NDA with the FDA in the second quarter of 2017 followed by a U.S. launch of the ED product, upon approval, the following year. To view the full press release, visit:  http://nnw.fm/Uk2U4 About IntelGenx IntelGenx is a leading oral drug delivery company…

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MondayNov 21, 2016 10:27 am

NetworkNewsBreaks – Medizone International, Inc. (MZEI): AsepticSure Technology is Now EPA-Approved for U.S. Market; Shares Soar

Shares of Medizone International, Inc. (OTCQB: MZEI) surged more than 70% after the company this morning said its hospital room disinfection technology, AsepticSure®, has been cleared by the EPA for market entry into the United States. The EPA registration number was granted for the AsepticSure specific hydrogen peroxide catalyst used in the system; the AsepticSure Oxidative Catalyst is now EPA-approved for use in hospitals, clinics, food industry, sporting venues, and hotels to disinfect hard, non-porous surfaces. To view the full press release, visit: http://nnw.fm/8ZnrE About Medizone International, Inc. Medizone International (OTCQB:MZEI) was originally organized in New York City in 1986 to…

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