NetworkNewsBreaks Archive - Page 528 of 536

ThursdayOct 13, 2016 1:35 pm

Midwest Energy Emissions Corp. (MEEC) Trades Higher on Expected Q3 Revenues of $11.7M, Full-Year Guidance

Midwest Energy Emissions (OTCQB: MEEC) this morning issued an operational update and preliminary revenue results for its third quarter ended September 30, 2016, as well as reiterated its revenue guidance for the full year ending December 31, 2016. The company said it expects total third-quarter revenues of more than $11.7 million, an increase of at least 225% when compared to revenue of $3.6 million for the same period last year. For the full year ending December 31, 2016, MEEC reiterated expected revenues of at least $30 million, an increase of at least 137% when compared to revenue of $12.6 million…

ThursdayOct 13, 2016 1:34 pm

OncoGenex Pharmaceuticals, Inc. (OGXI) Down 9% on Disappointing Phase 3 ENSPIRIT Trial Results

OncoGenex Pharmaceuticals (NASDAQ: OGXI) shares slid more than 9% in Thursday’s mid-day trade following the company’s morning announcement that its phase 3 ENSPIRIT trial of custirsen in patients whose non-small cell lung cancer (NSCLC) did not meet the primary endpoint of demonstrating a statistically significant improvement in overall survival for patients treated with custirsen in combination with docetaxel compared to docetaxel alone. Safety results were consistent with those observed in previous trials of custirsen in combination with chemotherapy. To view the full press release, visit: http://nnw.fm/X5x4V About OncoGenex OncoGenex is a biopharmaceutical company committed to the development and commercialization of…

ThursdayOct 13, 2016 1:33 pm

ContraVir Pharmaceuticals, Inc. (CTRV) Soars 21% on Positive Clinical Study of Hepatitis B Candidate

Shares of ContraVir Pharmaceuticals (NASDAQ: CTRV) surged in Thursday’s morning trade after the biopharmaceutical company reported positive interim data for CMX157 from its ongoing phase 2a multiple ascending dose clinical study. The head-to-head study is the first evaluation of CMX157 in patients with hepatitis B (HBV), and directly compares CMX157 to tenofovir disoproxil fumarate (TDF, Gilead's Viread®) in chronically infected HBV patients. The CMX157 treated patients showed an average 99% reduction in HBV viral load compared to baseline. "The significant viral load reduction and favorable safety at this low dose of CMX157 speaks to the unique liver-targeting mechanism of our…

ThursdayOct 13, 2016 1:31 pm

iGambit, Inc. (IGMB) Successes Driven by Top Management

iGambit, Inc. (OTCQB: IGMB) is a diversified holding company focused primarily on the acquisition of early-stage technology firms. The experience and past endeavors of IGMB’s management team bodes well for the company, whose most recent acquisition was named as a ‘Top 20 Enterprise Security Company of 2016’ by leading IT publication CIOReview. IGMB Chairman John Salerno has more than 40 years of experience in the technology industry, while CEO Rory Welch has more than 20 years of senior management in a variety of industries. To view the full article, visit: http://nnw.fm/VzV1N About iGambit Inc. iGambit (OTCQB: IGMB) is a fully…

ThursdayOct 13, 2016 11:37 am

Hybrid Coating Technologies, Inc. (HCTI) in Final Stretch of Discussions with Joint-Development Partner

Hybrid Coating Technologies (OTC: HCTI) this morning announced its “advanced discussions” with an undisclosed partner regarding a joint agreement for the development of a foam product based on Hybrid’s non-isocyanate polyurethane technology. “We are very pleased to be working to finalize an agreement with yet another partner,” Joseph Kristul, HCTI president and CEO, stated in the news release. “In the past twelve months, we have made significant progress including entering into three agreements, launching a product with a fourth partner and entering into final discussions with two additional partners.” HCTI said it expects to enter into an LOI with this…

WednesdayOct 12, 2016 1:53 pm

eXp World Holdings, Inc. (EXPI) Teams with New Story to Provide Housing in Haiti – Exceeds Funding Goals within Hours

eXp Realty, the Agent-Owned Cloud Brokerage® owned by eXp World Holdings, Inc. (OTCQB: EXPI), this morning announced its newly formed partnership with New Story, a non-profit that builds homes in impoverished areas such as Haiti. eXp Realty initially announced the partnership last week during its third annual company convention in San Antonio, Texas. The company challenged its agents and brokers to raise $18,000 to fund the construction of three new homes in Haiti - a goal achieved within three hours of the announcement, raising a total of $35,000 to fund additional construction. To view the full press release, visit: http://nnw.fm/YeSy4…

WednesdayOct 12, 2016 1:52 pm

Moxian, Inc. (MOXC) Technology Designed to Optimize Social Media for Consumer Engagement

Social media has had a profound impact on the way businesses reach and engage with existing and potential customers. Proper use of the tool hits numerous key aspects of consumer engagement and satisfaction, including customer service, product information, advertising and more. Social customer relationship management (CRM) programs, such as the one developed for the Chinese market by Moxian, Inc. (OTCQB: MOXC) can play a vital role in streamlining the possibilities and tracking pertinent information to better build an engagement strategy. To view the full article, visit: http://nnw.fm/DkVq3 About Moxian, Inc. Moxian engages in the business of providing social marketing and…

WednesdayOct 12, 2016 1:51 pm

Medical Transcription Billing, Corp.’s (MTBC) Latest Acquisition is Tell-tale of Aggressive Growth Strategy

Medical Transcription Billing (NASDAQ: MTBC) (NASDAQ: MTBCP), a leading provider of proprietary web-based electronic health records, practice management and mHealth solutions, recently acquired the assets of Texas-based MediGain, LLC and its affiliate, New Jersey-based Millennium Practice Management, LLC. The acquisition marks MTBC’s largest acquisition of revenue cycle management customer accounts and other assets since its IPO in 2014, and is expected to “contribute to our positive Adjusted EBITDA by the end Q1 2017." To view the full article, visit: http://nnw.fm/4Rbhe About MTBC Medical Transcription Billing, Corp. is a healthcare information technology company that provides a fully integrated suite of proprietary…

TuesdayOct 11, 2016 11:24 am

Gevo, Inc. (GEVO) Produces World’s First Cellulosic Renewable Jet Fuel for Commercial Airline Use

Gevo (NASDAQ: GEVO) this morning announced its complete production of the world’s first cellulosic renewable jet fuel specified for commercial flights. The company said it successfully adapted its patented technologies to convert cellulosic sugars derived from wood waste into renewable isobutanol, which was then further converted into Gevo’s Alcohol-to-Jet fuel (ATJ) fuel that meets ASTM D7566 specification for commercial flights. The revisions to the ASTM D7566 specification, which occurred earlier this year, includes ATJ derived from renewable isobutanol regardless of the carbohydrate feedstock such as cellulosics, corn, sugar cane, molasses, etc. The news triggered an early morning spike in shares before…

TuesdayOct 11, 2016 11:22 am

Staffing 360 Solutions, Inc. (STAF) Shares Up 12% on Increased Revs, Trimmed Loss in Fiscal Q1 2017

Shares of Staffing 360 Solutions, Inc. (NASDAQ: STAF) are more than 12% higher in Tuesday’s morning trade after the company posted higher revenues and a narrowed loss for the fiscal first quarter ended August 31, 2016. Revenue increased 33.1% to $47.8 million, compared to $35.9 million in the fiscal quarter ended August 31, 2015. Net loss decreased 22.2% to $1.3 million, compared to a net loss of $1.7 million in the fiscal quarter ended August 31, 2015. Gross profit increased 34.3% to $8.5 million, compared to $6.3 million in the fiscal quarter ended August 31, 2015. Adjusted EBITDA increased 184%…

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