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WednesdayApr 26, 2017 10:05 am

NetworkNewsBreaks – Net Element’s (NASDAQ: NETE) PayOnline Introduces “Instant Credit” Feature

Mobile payment technology company Net Element, Inc. (NASDAQ: NETE), through its PayOnline subsidiary, this morning announced the launch of “Instant Credit,” a new feature that allows online merchants to sell goods and services on credit. Through this service, consumers will have the option to interact directly with integrated credit institutions to secure instant access to loans, giving merchants the means to achieve higher conversion rates at checkout and increase average ticket size. Industry research indicates that a large number of Russian consumers buy expensive goods and services on credit, but this payment option is only available on a small number…

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TuesdayApr 25, 2017 4:04 pm

NetworkNewsBreaks – Player’s Network, Inc. (PNTV) Issues Update on WeedTV.com, Plans to Launch Beta

In a recent letter to shareholders, Player's Network (OTCQB: PNTV) issued an update on its WeedTV.com platform. The platform has been internally tested and the company said it expects it to have a beta launch in the near future. WeedTV.com will enable any business in the medicinal marijuana industry to create a personalized media network online. In the letter, the company explains that revenue will be generated through licensing of the software that creates and controls each of these personalized media networks. To date, the company has received an estimated $450,000 in product sponsorships from companies who have signed with…

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TuesdayApr 25, 2017 3:14 pm

NetworkNewsBreaks – Catabasis Pharmaceuticals (NASDAQ: CATB) Reports Positive Functional Assessment Results in MoveDMD® Trial for Edasalonexent in DMD

Catabasis Pharmaceuticals (NASDAQ: CATB) this morning reported positive results in the MoveDMD trial across multiple functional assessments, which were recently presented at the American Academy of Neurology 69th Annual Meeting. Numerical improvements were seen in prespecified rate change analyses across five functional assessments in part B of the trial, which was designed to evaluate the potential of edasalonexent in the treatment of Duchenne muscular dystrophy (DMD). These results are consistent with the numerical improvements in the same functional assessments with edasalonexent compared to placebo after 12 weeks of edasalonexent treatment. Part C interim results are anticipated for the third quarter…

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TuesdayApr 25, 2017 1:28 pm

NetworkNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Announces Engagement of NetworkNewsWire

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 engagement of NetworkNewsWire (NNW) for corporate communications solutions. NNW is a multifaceted financial news and publishing company working to help public and private organizations find their voice and build market visibility by leveraging a rapidly expanding distribution network of more than 5,000 key syndication outlets. “We have an exciting pipeline of phytocannabinoid-based treatments based on our formulation for pain,” Ram Mukunda, CEO of IGC, stated in this morning’s news release. “As we move toward pre clinical and…

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TuesdayApr 25, 2017 1:01 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on April 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: NMRD 17.14% – News: Completes development and testing of second-generation sugarBEAT® wireless skin patch CCAN 11.24% – News: Enters settlement agreement for potential sale of The Clinic Network Inc. assets CTIC 10.05% – News: Enters agreement with Servier to expand license and collaboration agreement CAPR 8.89% – News: Reports positive six-month results from HOPE clinical trial NIHD 7.37% – News: Appoints new CEO CAPC 7.27% – News:  Increases Q1 2017 revenue expectations BNKL 7.14%…

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TuesdayApr 25, 2017 1:01 pm

NetworkNewsBreaks – Galectin Therapeutics, Inc. (NASDAQ: GALT) Receives Decision to Grant From Japanese Patent Office for GR-MD-02 Composition of Matter Patent

Galectin Therapeutics (NASDAQ: GALT) this morning said it has received a decision from the Japanese Patent Office to grant its patent application for "Composition of Novel Carbohydrate Drug for Treatment of Human Diseases." Upon issuance, the patent will expand coverage of the company's lead compound, GR-MD-02, to Japan through 2032. "The allowance of these claims in Japan further strengthens the protection of the intellectual property behind our proprietary compound, GR-MD-02. This is especially important in Japan, which was recently declared the second most attractive drug market in the world," Galectin CEO and chief medical officer Peter G. Traber, M.D. stated…

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TuesdayApr 25, 2017 11:45 am

NetworkNewsBreaks – Intellipharmaceutics International, Inc. (NASDAQ: IPCI) Leveraging Hypermatrix™ Technology to Address Key Pharmaceutical Markets

Intellipharmaceutics International, Inc. (NASDAQ: IPCI) is engaged in the research, development and commercialization of controlled-release and targeted pharmaceutical products. Leveraging its proprietary Hypermatrix™ technology, the company is focused on addressing two key niche markets, including difficult-to-produce controlled-release generic drugs (ANDA regulatory pathway) and improved current therapies through controlled-release (NDA regulatory pathway). Intellipharmaceutics' lead product is a generic of Focalin XR®, a mild central nervous system stimulant used to treat attention deficit hyperactivity disorder. This product is currently marketed in a variety of strengths by the company’s U.S. marketing partner, Par Pharmaceutical, Inc. Intellipharmaceutics’ development pipeline also includes its Rexista™ product…

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MondayApr 24, 2017 2:42 pm

NetworkNewsBreaks – ORHub, Inc. (ORHB) Launches App to Streamline Efficiencies in the Operating Room

Health care software-as-a-service company ORHub, Inc. (OTC: ORHB) today announced the anticipated second-quarter release of its new iOS and Microsoft Surface App with built-in, high-performance barcode scanning capabilities. “The ORHub iOS and Microsoft Surface App is a demonstration of how we can expand the value offered by our existing platform and empower more of the users already using ORHub to save even more time,” Wesley Mitchell, chief technology officer of ORHub, stated in the news release. “We recognize medical device sales reps as a vital customer base, and are pleased to introduce something that will help them increase efficiency and…

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MondayApr 24, 2017 12:29 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on April 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: SPI 7.8% – News: Tiger Capital Fund SPC participating in Tiger Global SP agrees to purchase 80M shares of SPI for $5.76M AKER 5.56% – News: Akers Wellness™ app approved by Apple App store, available for download on iOS devices PDLI 5.20% – News: Settles patent infringement lawsuit with certain subsidiaries of Merck & Co.; will receive one-time of $19.5M payment ADHD 2.74% – News: Mails proxy materials for Extraordinary General Meeting of Shareholders…

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MondayApr 24, 2017 12:29 pm

NetworkNewsBreaks – Torchlight Energy Resources, Inc. (NASDAQ: TRCH) Completes Vertical Test in Midland Basin Well

Torchlight Energy Resources (NASDAQ: TRCH) this morning said it has tested the Flying B Ranch #2 vertical well in the Lower Wolfcamp A and Upper Wolfcamp B sections, providing confirmation for the second horizontal bench in the Hazel Project. “This vertical test was a very important and successful milestone for Torchlight and its partners. This test validates our theory that commercial production of oil and gas from horizontal development in multiple stacked pay zones across different areas of our lease is achievable. As we approach the Leonard we are hopeful to prove up the potential of a third bench in…

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