At first blush, India Globalization Capital (NYSE: IGC) would seem a curiosity clothed in an enigma. Just how does a NYSE company move from a successful mining orientation to a pioneer in the development of multiple cannabinoid-based pharmaceutical therapies to treat pain and disease? The enigma can be disrobed by looking at the tenacity and vision of its management.
Ram Mukunda has served as Executive Chairman, CEO and President of India Global since inception in 2005. He holds distinguished mathematics and engineering degrees and worked in multiple Wall Street positions for more than 25 years, serving communications firms such as Intelsat SA and Startec. Mukunda actually founded Startec in 1991 to provide VOIP service to emerging economies. As Chairman and CEO of Startec, he led the company to a $60 million public stock offering in 1997. His introduction to the mining industry came a few years later through a company he co-founded, India Globalization Capital. The company mined and converted low-grade iron ore to high-grade ore. Iron ore prices subsequently plummeted nearly 75 percent, putting it below the cost of production. That’s when Mukunda made a difficult decision and charted a course change for the company.
Realizing that the lucrative mining business was bust, he searched for a growth arena to position the company and move forward. He ultimately centered on the burgeoning cannabis industry and the myriad of potential medical benefits. Mukunda and his team realized that there were a lot of untapped uses for cannabinoids and cannabis-based extracts. They recruited a team of highly skilled doctors and patent attorneys, comparing anecdotal stories with scientific evidence and identifying areas where patents had not been filed. This process has yielded results.
The company now has a pipeline of patent pending cannabinoid-based drugs targeting large market maladies, which includes therapeutics for neuropathic pain, human and animal seizures, refractory epilepsy and eating disorders. Several of these therapeutic drugs are scheduled for pre-clinical trials this year. The company is transitioning fast from building research teams and developing a patent portfolio to marketable products.
For the past few years, India Globalization Capital has also focused interest on cannabis-based combination therapies, using cannabis-based extracts in combination with other medications to reduce side effects and increase bioavailability and absorption. As one of the first to enter this space, the company has been building intellectual property around these precepts and expects to reap substantial rewards from this arena.
From mining to medical marijuana would seem an incredible leap, but, when looking at India Global and the leadership of Ram Mukunda, it would be tough to bet against a leader with such tenacity and vision. And with a $12MM market cap, IGC is quite compelling given the valuations attributed to its peers.
For more information, visit the company’s website at www.IGCinc.us
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Friday, March 31, 2017
AzurRx BioPharma, Inc. (NASDAQ: AZRX) Overcoming Current Exocrine Pancreatic Insufficiency Treatment Limitations
Exocrine Pancreatic Insufficiency, or EPI, is a problem in a person’s digestive system. Simply put, EPI is when the pancreas cannot produce enough of the enzymes that the body requires to break down and absorb nutrients. Unfortunately, this means that the body is unable to absorb the right fats and nutrients, often leading to weight loss.
There are a number of causes for EPI, such as inflammation of the pancreas; effects from surgery on the pancreas, intestines, or stomach; or even an inherited disease such as cystic fibrosis, Shwachman-Diamond syndrome, Crohn’s Disease, diabetes, or celiac disease. Symptoms do vary, but normally the patient will feel a pain or tenderness in the abdomen, problems with bowel movements, flatulence, and a feeling of being full.
Today, there has been a rise in the number of people with EPI, and this has been largely attributed to an increase in the number of patients diagnosed with diabetes and cystic fibrosis (CF). According to an article from PR Newswire (http://nnw.fm/L3onT), there are approximately 70,000 people living with cystic fibrosis worldwide, with 1,000 new cases diagnosed each year. In addition, 50% of children with CF suffer from EPI from the moment they are born.
According to TransparencyMarketReserarch.com (http://nnw.fm/s1lCe), the EPI market is growing at an astronomical rate, and this is not expected to slow, since the number of patients diagnosed with diabetes is expected to grow to approximately 366 million by the end of 2030. PR Newswire reported an anticipated expansion of the market at a CAGR of over 8% between 2015 and 2023, allowing it to reach just under $3 billion.
Unfortunately, despite the expected market growth, current EPI treatments have a number of limitations. Aside from a healthy diet, the current treatment for EPI is Pancreatic Enzyme Replacement Therapy (PERT), but not only are these treatments not very effective, they also show a lack of stability in an acidic environment and carry a high pill burden, which can be highly inconvenient for patients.
Luckily, AzurRx BioPharma, Inc. (NASDAQ: AZRX), a development stage biopharmaceutical company focused on creating treatments for patients suffering from gastrointestinal diseases such as EPI, is currently in Phase IIa of the development of MS1819 lipase, a non-systemic, yeast-derived recombinant enzyme.
This orally-administered capsule is not only showing significant potential for the treatment of EPI in patients with chronic pancreatitis and cystic fibrosis; it is also demonstrating activity in long chain fats and stability in protease and bile salt environments. MS1819 lipase could give patients suffering from EPI the chance to reduce their pill burden from 25 to 40 pills a day to as little as five to eight.
For more information, visit the company’s website at www.AzurRx.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
There are a number of causes for EPI, such as inflammation of the pancreas; effects from surgery on the pancreas, intestines, or stomach; or even an inherited disease such as cystic fibrosis, Shwachman-Diamond syndrome, Crohn’s Disease, diabetes, or celiac disease. Symptoms do vary, but normally the patient will feel a pain or tenderness in the abdomen, problems with bowel movements, flatulence, and a feeling of being full.
Today, there has been a rise in the number of people with EPI, and this has been largely attributed to an increase in the number of patients diagnosed with diabetes and cystic fibrosis (CF). According to an article from PR Newswire (http://nnw.fm/L3onT), there are approximately 70,000 people living with cystic fibrosis worldwide, with 1,000 new cases diagnosed each year. In addition, 50% of children with CF suffer from EPI from the moment they are born.
According to TransparencyMarketReserarch.com (http://nnw.fm/s1lCe), the EPI market is growing at an astronomical rate, and this is not expected to slow, since the number of patients diagnosed with diabetes is expected to grow to approximately 366 million by the end of 2030. PR Newswire reported an anticipated expansion of the market at a CAGR of over 8% between 2015 and 2023, allowing it to reach just under $3 billion.
Unfortunately, despite the expected market growth, current EPI treatments have a number of limitations. Aside from a healthy diet, the current treatment for EPI is Pancreatic Enzyme Replacement Therapy (PERT), but not only are these treatments not very effective, they also show a lack of stability in an acidic environment and carry a high pill burden, which can be highly inconvenient for patients.
Luckily, AzurRx BioPharma, Inc. (NASDAQ: AZRX), a development stage biopharmaceutical company focused on creating treatments for patients suffering from gastrointestinal diseases such as EPI, is currently in Phase IIa of the development of MS1819 lipase, a non-systemic, yeast-derived recombinant enzyme.
This orally-administered capsule is not only showing significant potential for the treatment of EPI in patients with chronic pancreatitis and cystic fibrosis; it is also demonstrating activity in long chain fats and stability in protease and bile salt environments. MS1819 lipase could give patients suffering from EPI the chance to reduce their pill burden from 25 to 40 pills a day to as little as five to eight.
For more information, visit the company’s website at www.AzurRx.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
National Waste Management Holdings, Inc. (NWMH) Decreasing Excessive Waste Materials by Recycling Compliant Construction and Demolition Materials
Construction and demolition (C&D) materials represent the debris from the demolition, construction, or renovation of buildings, bridges, or even roads. C&D materials are normally heavy materials such as concrete, wood, asphalt, gypsum, bricks, glass, some types of plastic, salvaged building components, metals and trees, among other materials.
In the United States, C&D materials constitute a large percentage of waste, much of which can be transformed into new productive products. According to a report entitled ‘Advancing Sustainable Materials Management: 2014 Fact Sheet’ (http://nnw.fm/WeFZ4), over 500 million tons of C&D debris were generated in 2014, with concrete making up 70% of it, asphalt 14%, wood more than 7%, and other products making up approximately 9% between them.
All the materials outlined above can either be reduced, salvaged, recycled, or reused by simply preserving existing buildings rather than constructing new ones, designing new buildings that can be adapted to make them last longer, establishing construction methods that allow for the disassembly and reuse of materials, using different framing techniques, and reducing the various types of interior finishes.
In addition, steps are being taken by companies such as National Waste Management Holdings, Inc. (OTC: NWMH) to reduce the impact C&D has on the environment. NWMH is a solid waste management company located in Central Florida.
The company is focused on operating according to an eco-friendly business model that has been put in place to combat unnecessary waste in Florida and New York. To pursue its mission of being environmentally conscience with a focus on sustainability, NWMH is committed to inspecting all loads and sorting all the materials that arrive in its landfills in order to accept only those that are compliant with the C&D Department of Environmental Protection standards.
In addition to the company’s high level of compliance with the Department of Environmental Protection (DEP), National Waste Management plans on using its picking station to aid the state of Florida in its quest to meet its mandate for 75% recycling by the end of 2020. This incentive will give the company the ability to increase its rate of recyclables and sales of commodities.
For more information, visit the company’s website at www.nationalwastemgmt.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
In the United States, C&D materials constitute a large percentage of waste, much of which can be transformed into new productive products. According to a report entitled ‘Advancing Sustainable Materials Management: 2014 Fact Sheet’ (http://nnw.fm/WeFZ4), over 500 million tons of C&D debris were generated in 2014, with concrete making up 70% of it, asphalt 14%, wood more than 7%, and other products making up approximately 9% between them.
All the materials outlined above can either be reduced, salvaged, recycled, or reused by simply preserving existing buildings rather than constructing new ones, designing new buildings that can be adapted to make them last longer, establishing construction methods that allow for the disassembly and reuse of materials, using different framing techniques, and reducing the various types of interior finishes.
In addition, steps are being taken by companies such as National Waste Management Holdings, Inc. (OTC: NWMH) to reduce the impact C&D has on the environment. NWMH is a solid waste management company located in Central Florida.
The company is focused on operating according to an eco-friendly business model that has been put in place to combat unnecessary waste in Florida and New York. To pursue its mission of being environmentally conscience with a focus on sustainability, NWMH is committed to inspecting all loads and sorting all the materials that arrive in its landfills in order to accept only those that are compliant with the C&D Department of Environmental Protection standards.
In addition to the company’s high level of compliance with the Department of Environmental Protection (DEP), National Waste Management plans on using its picking station to aid the state of Florida in its quest to meet its mandate for 75% recycling by the end of 2020. This incentive will give the company the ability to increase its rate of recyclables and sales of commodities.
For more information, visit the company’s website at www.nationalwastemgmt.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
MGX Minerals (MGXMF) Set to Disrupt Industry with New PetroLithium™ Technology
When Harvard professor Clayton Christensen coined the term ‘disruptive innovation’, he had in mind technologies like the one being developed by MGX Minerals, Inc. (OTC: MGXMF) (CSE: XMG) (FRA: 1MG). This innovative company is poised to ignite a revolution in the energy sector with technology that extracts lithium from oil and gas wells. Its PetroLithium™ methodology separates valuable minerals from the salt water that typically accompanies crude oil, offering a novel way to extract lithium, an essential ingredient in the batteries of our laptops, mobile phones, and other electronic devices and, increasingly, our cars. As MGX refines its technology, it is quickly acquiring oil and gas properties, and operation of its initial Petrolithium™ borehole well is set to commence soon.
In an Emerging Theme Radar report (http://nnw.fm/S7uPN), Goldman Sachs (GS) called lithium the ‘new gasoline’, saying its ‘unique properties make it a key enabler of the electric vehicle revolution’. Advances in battery technologies and a growing desire to avoid the hazards of fossil fuels signal a period of sustained growth for electric vehicles, which are forecast to rise from their present three percent of the automobile market to a penetration of 22 percent by 2025. Current demand for lithium runs to about 160,000 metric tons. According to GS, ‘a one-percent increase in battery electric vehicle penetration would increase lithium demand by 70,000 metric tons of lithium carbonate equivalent (LCE) annually (or roughly half of current global demand for lithium).’
Lithium carbonate occurs in the salt water (brine) that accompanies petroleum (crude oil) as it’s pumped to the surface. However, petroleum brine, like gas in the early oil industry, has been treated as a waste product, and it’s either injected deep underground or stored in giant tanks after it is separated from the oil. These traditional disposal methods have resulted in environmental damage: polluting potable water supplies and causing landslides.
The PetroLithium™ process, consequently, holds the promise of killing two birds with one stone: extracting a valuable resource from material that would go to waste while offering a safer way to dispose of that waste. Extracting lithium from petroleum brine is also faster and less costly than conventional methods, like solar evaporation and hard-rock mining. In a recovery process specifically designed for the highly mineralized brine associated with petroleum, lithium brine evaporation times are expected to fall to less than one day. Traditional solar evaporation techniques take up to 18 months.
In early March, MGX reported encouraging results for tests on its latest petrolithium methodology. The extraction process was able to concentrate lithium more than 20-fold while removing contaminants in a low-energy process. Solutions of 67 mg lithium per liter of petroleum brine were concentrated to 1,600 mg lithium per liter.
MGX has significantly expanded its Alberta petrolithium portfolio through the acquisition of additional metallic and industrial mineral permits covering over 133,000 hectares, and it has acquired an additional 301 mineral claims encompassing 6,020 acres within the Paradox basin of southeastern Utah. The new claims further increase the company’s Lisbon Valley land package to 23,780 acres. The Lisbon Valley oil and gas field is located approximately 40 miles southeast of Moab, Utah, in the salt anticline belt on the southwest edge of the Paradox Basin in San Juan County. Historic lithium brine content there has been reported as high as 730 parts per million of lithium.
Last week, MGX announced it had entered into a joint operating agreement with a private vendor to act as operator and acquire a 75 percent working interest in certain oil and gas leases located contiguous to the company’s Lisbon Valley petrolithium project. Preparations to permit the petrolithium #1 borehole well will commence upon closing of the agreement.
MGX is offering a win-win combo with its PetroLithium™ technology, which promises a faster, less expensive method of lithium extraction, while disposing of oil and gas production waste in an environmentally friendly way. The company is a diversified mining company engaged in the development of large-scale industrial mineral portfolios in western Canada and the United States. MGX operates lithium, magnesium and silicon projects throughout British Columbia and Alberta, as well as petrolithium exploration in Utah.
For more information, visit the company’s website at www.MGXMinerals.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
In an Emerging Theme Radar report (http://nnw.fm/S7uPN), Goldman Sachs (GS) called lithium the ‘new gasoline’, saying its ‘unique properties make it a key enabler of the electric vehicle revolution’. Advances in battery technologies and a growing desire to avoid the hazards of fossil fuels signal a period of sustained growth for electric vehicles, which are forecast to rise from their present three percent of the automobile market to a penetration of 22 percent by 2025. Current demand for lithium runs to about 160,000 metric tons. According to GS, ‘a one-percent increase in battery electric vehicle penetration would increase lithium demand by 70,000 metric tons of lithium carbonate equivalent (LCE) annually (or roughly half of current global demand for lithium).’
Lithium carbonate occurs in the salt water (brine) that accompanies petroleum (crude oil) as it’s pumped to the surface. However, petroleum brine, like gas in the early oil industry, has been treated as a waste product, and it’s either injected deep underground or stored in giant tanks after it is separated from the oil. These traditional disposal methods have resulted in environmental damage: polluting potable water supplies and causing landslides.
The PetroLithium™ process, consequently, holds the promise of killing two birds with one stone: extracting a valuable resource from material that would go to waste while offering a safer way to dispose of that waste. Extracting lithium from petroleum brine is also faster and less costly than conventional methods, like solar evaporation and hard-rock mining. In a recovery process specifically designed for the highly mineralized brine associated with petroleum, lithium brine evaporation times are expected to fall to less than one day. Traditional solar evaporation techniques take up to 18 months.
In early March, MGX reported encouraging results for tests on its latest petrolithium methodology. The extraction process was able to concentrate lithium more than 20-fold while removing contaminants in a low-energy process. Solutions of 67 mg lithium per liter of petroleum brine were concentrated to 1,600 mg lithium per liter.
MGX has significantly expanded its Alberta petrolithium portfolio through the acquisition of additional metallic and industrial mineral permits covering over 133,000 hectares, and it has acquired an additional 301 mineral claims encompassing 6,020 acres within the Paradox basin of southeastern Utah. The new claims further increase the company’s Lisbon Valley land package to 23,780 acres. The Lisbon Valley oil and gas field is located approximately 40 miles southeast of Moab, Utah, in the salt anticline belt on the southwest edge of the Paradox Basin in San Juan County. Historic lithium brine content there has been reported as high as 730 parts per million of lithium.
Last week, MGX announced it had entered into a joint operating agreement with a private vendor to act as operator and acquire a 75 percent working interest in certain oil and gas leases located contiguous to the company’s Lisbon Valley petrolithium project. Preparations to permit the petrolithium #1 borehole well will commence upon closing of the agreement.
MGX is offering a win-win combo with its PetroLithium™ technology, which promises a faster, less expensive method of lithium extraction, while disposing of oil and gas production waste in an environmentally friendly way. The company is a diversified mining company engaged in the development of large-scale industrial mineral portfolios in western Canada and the United States. MGX operates lithium, magnesium and silicon projects throughout British Columbia and Alberta, as well as petrolithium exploration in Utah.
For more information, visit the company’s website at www.MGXMinerals.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Thursday, March 30, 2017
ProBility Media Corp.’s (PBYA) Acquisition of One Exam Prep LLC is Key to Growth
ProBility Media Corp.’s (OTCQB: PBYA) acquisition of One Exam Prep LLC, which was completed earlier this year, is key to its growth strategy. One Exam Prep is currently specializing in exam preparation and certification in the construction industry. It offers continuing education and certification online or in a classroom setting in 20 states, with the goal of operating in all 50 states. ProBility Media reported revenue at greater than $1 million for Q1 ended January 31, 2017.
Houston-based ProBility is an EdTech company serving 15 vertical categories in more than 60 skilled trades. It is positioned as an industrial training resource for individuals and small businesses. It offers training services as well as materials for education, advancement in careers, and testing. Virtual reality training, now operational for the crane business, will be expanded into other industries. The company said it is also beginning to investigate international expansion.
One Exam Prep, based in Coconut Creek, Florida, offers low cost yet effective exam prep courses in the construction industry. The company owns more than 70 domains related to contractor licensing and continuing education, according to One Exam’s Rob Estell, and it has created hundreds of courses offered either online or in traditional classroom settings in more than 20 states.
For the three months ended January 31, 2017, ProBility Media recorded revenues of $1,088,180, compared to $878,005 during the same period of the prior year. The recent three-month sales total represented the company’s third consecutive quarter of year-over-year revenue growth. The results of One Exam are included in the consolidated financial performance, subsequent to January 1, 2017.
ProBility Media entered into a multi-year consulting agreement with Rob Estell, the founder of One Exam, through December 31, 2020. It includes salary, an annual performance bonus based on One Exam’s revenues and profits, a signing payment, and a non-recourse secured convertible promissory note valued at $300,000.
For more information, visit the company’s website at www.ProBilityMedia.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Houston-based ProBility is an EdTech company serving 15 vertical categories in more than 60 skilled trades. It is positioned as an industrial training resource for individuals and small businesses. It offers training services as well as materials for education, advancement in careers, and testing. Virtual reality training, now operational for the crane business, will be expanded into other industries. The company said it is also beginning to investigate international expansion.
One Exam Prep, based in Coconut Creek, Florida, offers low cost yet effective exam prep courses in the construction industry. The company owns more than 70 domains related to contractor licensing and continuing education, according to One Exam’s Rob Estell, and it has created hundreds of courses offered either online or in traditional classroom settings in more than 20 states.
For the three months ended January 31, 2017, ProBility Media recorded revenues of $1,088,180, compared to $878,005 during the same period of the prior year. The recent three-month sales total represented the company’s third consecutive quarter of year-over-year revenue growth. The results of One Exam are included in the consolidated financial performance, subsequent to January 1, 2017.
ProBility Media entered into a multi-year consulting agreement with Rob Estell, the founder of One Exam, through December 31, 2020. It includes salary, an annual performance bonus based on One Exam’s revenues and profits, a signing payment, and a non-recourse secured convertible promissory note valued at $300,000.
For more information, visit the company’s website at www.ProBilityMedia.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Singlepoint, Inc. (SING) Interview Reveals How the Cannabis Industry is Incorporating Technology
The legalization of cannabis across many states in the U.S. has opened doors to various innovators, leaving the tech world to rapidly adapt to this trending industry. There’s now a strong move by cannabis-oriented businesses to incorporate common technologies found in other industries, and such innovations are not just found in dispensaries. Improvements are being made on the technology surrounding the agricultural, marketing, production, and distribution channels in the marijuana market. Technology is also being used to solve challenging issues such as payment options.
Singlepoint, Inc. (OTC: SING), a publicly traded holding company, offers payment solutions to the cannabis industry through its SingleSeed subsidiary. The company offers noncash payment solutions to marijuana businesses that are legal, easy to use, and safer for both the companies using them and the customers purchasing products. However, it is not just through payment solutions that Singlepoint is sparking innovation in the cannabis technology market.
Recently, Singlepoint has made public its plan to undertake strategic acquisitions of companies that are in the cannabis industry but which do not in any way touch the plant itself. As the marijuana market in the U.S. continues to flourish, this strategy has started to unfold with SING’s acquisition of a stake in Convectium, a company that has created a unique machine that fills and packages vape cartridges and disposable vape pens at a rate of 100 per 30 seconds.
In a recent interview with Donald Baillargeon from MoneyTV (http://nnw.fm/Fb5NC), Greg Lambrecht, CEO of Singlepoint, announced that the company has provided its initial round of funding to Convectium, where demand and sales have soared for this quarter compared to the same quarter of 2016. According to Lambrecht, the Convectium product is a perfect acquisition for Singlepoint, not only because of its in-demand capabilities, but because it does not require direct involvement with the plant and, therefore, does not break any state or federal regulations.
According to Lambrecht, Singlepoint has entered into an independent sales agreement with Convectium, whereby Singlepoint will be selling the machine in order to increase its revenues. He continued to emphasize the greatness of both Convectium and its product during the interview, highlighting the fact that comparative financial results of 2016 and 2017 will soon be released.
With the legal cannabis market projected to grow at a compound annual rate of 17%, according to Forbes (http://nnw.fm/9S03e), Singlepoint aims to focus its attention on cannabis enterprises rather than cultivation, allowing it to aid investors in the cannabis market to diversify their portfolios through equipment providers and consumer product makers. Despite marijuana still being classified as a Schedule 1 drug, Singlepoint is making strides in the cannabis technology market and plans to continue to diversify its revenue streams within the industry.
For more information, visit the company’s website at www.Singlepoint.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Singlepoint, Inc. (OTC: SING), a publicly traded holding company, offers payment solutions to the cannabis industry through its SingleSeed subsidiary. The company offers noncash payment solutions to marijuana businesses that are legal, easy to use, and safer for both the companies using them and the customers purchasing products. However, it is not just through payment solutions that Singlepoint is sparking innovation in the cannabis technology market.
Recently, Singlepoint has made public its plan to undertake strategic acquisitions of companies that are in the cannabis industry but which do not in any way touch the plant itself. As the marijuana market in the U.S. continues to flourish, this strategy has started to unfold with SING’s acquisition of a stake in Convectium, a company that has created a unique machine that fills and packages vape cartridges and disposable vape pens at a rate of 100 per 30 seconds.
In a recent interview with Donald Baillargeon from MoneyTV (http://nnw.fm/Fb5NC), Greg Lambrecht, CEO of Singlepoint, announced that the company has provided its initial round of funding to Convectium, where demand and sales have soared for this quarter compared to the same quarter of 2016. According to Lambrecht, the Convectium product is a perfect acquisition for Singlepoint, not only because of its in-demand capabilities, but because it does not require direct involvement with the plant and, therefore, does not break any state or federal regulations.
According to Lambrecht, Singlepoint has entered into an independent sales agreement with Convectium, whereby Singlepoint will be selling the machine in order to increase its revenues. He continued to emphasize the greatness of both Convectium and its product during the interview, highlighting the fact that comparative financial results of 2016 and 2017 will soon be released.
With the legal cannabis market projected to grow at a compound annual rate of 17%, according to Forbes (http://nnw.fm/9S03e), Singlepoint aims to focus its attention on cannabis enterprises rather than cultivation, allowing it to aid investors in the cannabis market to diversify their portfolios through equipment providers and consumer product makers. Despite marijuana still being classified as a Schedule 1 drug, Singlepoint is making strides in the cannabis technology market and plans to continue to diversify its revenue streams within the industry.
For more information, visit the company’s website at www.Singlepoint.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Pain-Reducing Combination Therapies Proving Successful thanks to Innovative, Specialty Pharma Players
Combination therapies that use cannabis-based pain reduction methods without the negative side effects of opioids are looking to be a positive growth opportunity among specialty pharmaceuticals, particularly for postoperative and chronic pain relief. Leading specialty pharma companies such as India Globalization Capital, Inc. (NYSE: IGC) (IGC Profile), Cara Therapeutics, Inc. (NASDAQ: CARA), Zynerba Pharmaceuticals, Inc. (NASDAQ: ZYNE), and INSYS Therapeutics, Inc. (NASDAQ: INSY) are tirelessly working to expand combination therapeutics product lines, while Pacira Pharmaceuticals, Inc. (NASDAQ: PCRX) developing an opioid alternative drug intended to reduce pain after surgery.
To date, it is estimated that the annual national cost of pain is between $560 billion and $635 billion – more than priority health conditions among the nation. Sadly, the treatment of postoperative pain remains a daunting challenge for health care professionals, leaving patients debilitated in ways that can affect their daily functioning and, in turn, have a significant impact on our nation’s overall productivity. At present, patients face a significant disadvantage when using opioid drugs to treat postoperative and chronic severe pain, and usage thereof can lead to impactful side effects such as nausea, hallucinations, respiratory depression, constipation, and sedation.
While opioids have been widely accepted as a standard therapy to treat acute post-operative pain, the frequent adverse effects and burden of the cost of care has proven to be a barrier for patients who are unable to receive optimal dosing or adhered to their prescribed treatment. The administration of two opioids is not usually recommended as a treatment for moderate to severe acute pain; however, cannabis-based combination therapies present a unique opportunity in the health sector. Cannabis pharma company India Globalization Capital (IGC) has carved an impressive course in the combination therapy market as a “first mover” to combine existing drugs with cannabis. IGC recently filed a patent for a formulation that the company claims will reduce the side effects of single drugs by combining them with a cannabinoid. In particular, IGC has filed for a provisional patent for the treatment of several eating disorders that uses a combination of compounds and cannabis extracts. The combo therapy is ear-marked for both veterinary and human consumption.
After three years of building a sturdy IP portfolio, IGC is now set to obtain funding to begin both pre-clinical and clinical trials for combination therapies, for which it has started reviewing international medical facilities. Fortunately, securing FDA approval for such therapies, which include the treatment of seizures, neuropathic pain and eating disorders, tends to be swifter and less costly than applying for new drug approval. It is the company’s aim to leverage its unique first-mover position and bring its cannabis-based pharmaceuticals to market in a cost-effective and prompt manner.
Meanwhile, Pacira Pharmaceuticals (PCRX), which is collaborating with Trinity Health to develop an alternative approach to opioids for pain management, recently announced positive results for its medication for opioid reduction in a phase 4 clinical trial. During the trial, a pain regimen along with EXPAREL® was tested against a bupivacaine-based pain regimen that involved other drugs in 139 patients who were undergoing knee replacements. EXPAREL, currently used to produce postsurgical analgesia, combines bupivacaine with the DepoFoam® platform to enable the delivery of bupivacaine over a desired period of time, providing significant reductions in pain with up to a 45 percent decrease in opioid consumption.
In the phase 4 clinical trial, EXPAREL achieved statistical significance for its co-primary endpoints for postsurgical pain and opioid reduction, as well as achieved statistical significance for key secondary endpoints. In a press release announcing the results, Pacira said it continues to analyze further secondary endpoints.
Cara Therapeutics (CARA) is also working to change pain management on a fundamental level. Rather than concentrating on improving old compounds, the company is developing a new class of medicine referred to as KORAs – Kappa Opioid Receptor Agonists. This medication is aimed at targeting different receptors in the body to treat pain in an unconventional, yet more effective, manner. Up to now, Cara’s core product has shown favorable results in phase 2 clinical trials for pain relief and does not elicit the usual side effects patients would normally experience when using opioids such as hydrocodone, morphine, and non-steroidal anti-inflammatories.
Two more candidates for combination therapies come from Zynerba Pharmaceuticals (ZYNE). ZYN001 and ZYN002 are both being evaluated in various therapeutic indications at the moment. ZYN001, a pro-drug patch that comprises of THC, is aimed at enabling transdermal delivery via a person’s skin and into their circulatory system. ZYN002, a CBD gel, is the first of its kind and is designed to act as a non-psychoactive cannabinoid. The gel is to be delivered via the skin and absorbed into a patient’s circulatory system. At present, the gel is in phase 2 of clinical development with patients who suffer with osteoarthritis of the knee, refractory epilepsy, and Fragile X Syndrome.
Focused on the development and commercialization of innovative therapies that improve the quality of life of patients, Insys Therapeutics (INSY) is developing a pipeline of products intending to address unmet medical needs and clinical shortcomings of existing commercial products. The Drug Enforcement Agency recently issued a provisional final ruling that is to result in Insys’ SYNDROS™ being placed in Schedule II of the Controlled Substances Act. The product has been designed for chemotherapy patients and is aimed at helping to alleviate vomiting and nausea. It is also aimed at helping AIDS patients suffering from anorexia-type weight loss.
To date, there are some 53 million outpatients and 45 million inpatient surgeries that are performed in the United States annually. These surgeries necessitate drugs for postoperative pain, and more than half of postoperative patients continue to experience poor pain relief. At present, the therapeutic classes for postoperative pain management involve analgesics such as hydromorphone, morphine, and fentanyl, as well as NSAIDs – non-steroidal anti-inflammatories. Furthermore, the market is awash with injectable opioids that are administered either via epidural, intravenous, intrathecal, or intramuscular. Usually, the injections are administered either by patient-controlled analgesia devices or hospital personnel.
It has been found that the market for effective acute pain management in the form of combined therapies outside of the hospital setting exceeds more than 200 million prescriptions yearly. While products such as opioid analgesic combinations make up the bulk of the market, the products have significant side-effects, including sedations, dizziness, respiratory problems, substance abuse, euphoria, vomiting, and nausea. Hence, there is a vast market for combined therapies that are able to manage acute pain without producing the negative and uncomfortable side effects.
For more information on India Globalization Capital please visit India Global Capital (IGC)
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
To date, it is estimated that the annual national cost of pain is between $560 billion and $635 billion – more than priority health conditions among the nation. Sadly, the treatment of postoperative pain remains a daunting challenge for health care professionals, leaving patients debilitated in ways that can affect their daily functioning and, in turn, have a significant impact on our nation’s overall productivity. At present, patients face a significant disadvantage when using opioid drugs to treat postoperative and chronic severe pain, and usage thereof can lead to impactful side effects such as nausea, hallucinations, respiratory depression, constipation, and sedation.
While opioids have been widely accepted as a standard therapy to treat acute post-operative pain, the frequent adverse effects and burden of the cost of care has proven to be a barrier for patients who are unable to receive optimal dosing or adhered to their prescribed treatment. The administration of two opioids is not usually recommended as a treatment for moderate to severe acute pain; however, cannabis-based combination therapies present a unique opportunity in the health sector. Cannabis pharma company India Globalization Capital (IGC) has carved an impressive course in the combination therapy market as a “first mover” to combine existing drugs with cannabis. IGC recently filed a patent for a formulation that the company claims will reduce the side effects of single drugs by combining them with a cannabinoid. In particular, IGC has filed for a provisional patent for the treatment of several eating disorders that uses a combination of compounds and cannabis extracts. The combo therapy is ear-marked for both veterinary and human consumption.
After three years of building a sturdy IP portfolio, IGC is now set to obtain funding to begin both pre-clinical and clinical trials for combination therapies, for which it has started reviewing international medical facilities. Fortunately, securing FDA approval for such therapies, which include the treatment of seizures, neuropathic pain and eating disorders, tends to be swifter and less costly than applying for new drug approval. It is the company’s aim to leverage its unique first-mover position and bring its cannabis-based pharmaceuticals to market in a cost-effective and prompt manner.
Meanwhile, Pacira Pharmaceuticals (PCRX), which is collaborating with Trinity Health to develop an alternative approach to opioids for pain management, recently announced positive results for its medication for opioid reduction in a phase 4 clinical trial. During the trial, a pain regimen along with EXPAREL® was tested against a bupivacaine-based pain regimen that involved other drugs in 139 patients who were undergoing knee replacements. EXPAREL, currently used to produce postsurgical analgesia, combines bupivacaine with the DepoFoam® platform to enable the delivery of bupivacaine over a desired period of time, providing significant reductions in pain with up to a 45 percent decrease in opioid consumption.
In the phase 4 clinical trial, EXPAREL achieved statistical significance for its co-primary endpoints for postsurgical pain and opioid reduction, as well as achieved statistical significance for key secondary endpoints. In a press release announcing the results, Pacira said it continues to analyze further secondary endpoints.
Cara Therapeutics (CARA) is also working to change pain management on a fundamental level. Rather than concentrating on improving old compounds, the company is developing a new class of medicine referred to as KORAs – Kappa Opioid Receptor Agonists. This medication is aimed at targeting different receptors in the body to treat pain in an unconventional, yet more effective, manner. Up to now, Cara’s core product has shown favorable results in phase 2 clinical trials for pain relief and does not elicit the usual side effects patients would normally experience when using opioids such as hydrocodone, morphine, and non-steroidal anti-inflammatories.
Two more candidates for combination therapies come from Zynerba Pharmaceuticals (ZYNE). ZYN001 and ZYN002 are both being evaluated in various therapeutic indications at the moment. ZYN001, a pro-drug patch that comprises of THC, is aimed at enabling transdermal delivery via a person’s skin and into their circulatory system. ZYN002, a CBD gel, is the first of its kind and is designed to act as a non-psychoactive cannabinoid. The gel is to be delivered via the skin and absorbed into a patient’s circulatory system. At present, the gel is in phase 2 of clinical development with patients who suffer with osteoarthritis of the knee, refractory epilepsy, and Fragile X Syndrome.
Focused on the development and commercialization of innovative therapies that improve the quality of life of patients, Insys Therapeutics (INSY) is developing a pipeline of products intending to address unmet medical needs and clinical shortcomings of existing commercial products. The Drug Enforcement Agency recently issued a provisional final ruling that is to result in Insys’ SYNDROS™ being placed in Schedule II of the Controlled Substances Act. The product has been designed for chemotherapy patients and is aimed at helping to alleviate vomiting and nausea. It is also aimed at helping AIDS patients suffering from anorexia-type weight loss.
To date, there are some 53 million outpatients and 45 million inpatient surgeries that are performed in the United States annually. These surgeries necessitate drugs for postoperative pain, and more than half of postoperative patients continue to experience poor pain relief. At present, the therapeutic classes for postoperative pain management involve analgesics such as hydromorphone, morphine, and fentanyl, as well as NSAIDs – non-steroidal anti-inflammatories. Furthermore, the market is awash with injectable opioids that are administered either via epidural, intravenous, intrathecal, or intramuscular. Usually, the injections are administered either by patient-controlled analgesia devices or hospital personnel.
It has been found that the market for effective acute pain management in the form of combined therapies outside of the hospital setting exceeds more than 200 million prescriptions yearly. While products such as opioid analgesic combinations make up the bulk of the market, the products have significant side-effects, including sedations, dizziness, respiratory problems, substance abuse, euphoria, vomiting, and nausea. Hence, there is a vast market for combined therapies that are able to manage acute pain without producing the negative and uncomfortable side effects.
For more information on India Globalization Capital please visit India Global Capital (IGC)
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Health Care Industry in Need of Unitary Data Processing Solution over Existing Legacy Systems
The health care industry continuously generates and processes massive amounts of data, but it lacks an overarching intelligence technology system that can pull all of this information together and analyze it in a coherent, unitary manner. There are thousands of separate computational systems in the health care sector at the moment, each with its own programming and function – be it to store medical records, patient activity and lab test results or to perform billing and scheduling. In addition, major medical specialties sometimes have their own information technology systems, using different, often non-compatible software, devices or equipment. More often than not, these systems are obsolete and unable to process the rising volume of data in their sector, but this situation is slowly changing, as a growing number of leading tech companies such as ORHub, Inc. (ORHB) (ORHB Profile), Teradata Corp. (TDC), Hortonworks, Inc. (HDP), Tableau Software, Inc. (DATA) and MicroStrategy, Inc. (MSTR) work to develop advanced technology to unite or replace existing systems and improve the health care industry’s interoperability.
Recent technological advancements and the rise of smart mobile technology have triggered a massive boost in data generation across all medium and businesses, increasing the need for more efficient data mining and analysis tools. According to a PricewaterhouseCoopers and salesforce.com, Inc. (NYSE: CRM) infographic(1), most businesses can’t cope with this data influx because of outdated IT infrastructure, disparate systems and business unit silos. In turn, data locked in disparate systems hampers the decision-making process, ultimately leading to poor performance and loss of business. A total of 41 percent of CEOs complain about legacy systems not being able to make sense of large volumes of data coming from different sources, while 30 percent say they have trouble identifying useful data for their businesses, the infographic reveals.
Similar problems are plaguing the health care system, which is in need of a cost-effective way to unite all the different data gathering and processing tools it uses into one coherent whole. The system is gradually moving toward this target, with several leading technology providers in the field already testing more flexible, innovative solutions such as the cognitive health care concept developed by IBM’s (NYSE: IBM) Watson Health division. Cognitive computing and the development of an OS-like system that would be able to process impressive amounts of data from many different sources would change the health care industry significantly by bridging the gap between data and informed strategies, as IBM CEO Ginni Rommety noted at this year’s Healthcare Information and Management Systems Society meeting.
Novel cloud-based software platforms such as the one developed by ORHub, Inc. (ORHB) are a clear step in the right direction. With a focus on the value-based approach, which places the patient at the center and rewards health care providers based on actual, quantifiable results instead of number of services provided, the ORHub platform aims to revolutionize surgical care. The system is offering enhanced capabilities and empowering care providers to work together, organize, deliver, measure and reimburse in a single easy-to-use platform. ORHub’s Surgical Resource Management platform is data-driven and focuses on correct data analytics and tracking of patient history, including diagnosis, treatments, procedures, results, associated costs and more. Enabling data analysis across different health care units, this system can help address various issues, such as inventory status, costs of comparable surgeries, etc.
In addition to its enhanced capabilities, what makes ORHub’s platform truly stand out is its cost effectiveness. Major information technology rollouts in the health care industry typically last very long durations and cost millions of dollars. However, pilot installations of ORHub’s system have been completed in less than a month. So far, the system is in use at a major hospital in Southern California and a large non-profit hospital system, and plans are in motion to run three additional pilot programs before national launch. This platform was implemented so quickly due to its comprehensive and collaborative approach, which avoids integration with legacy systems completely. This unique approach generates real-time, uniform metrics, making it ideal for any large health care providers trying to improve its software systems across the board at several facilities.
A highly complex approach to health care data analytics comes from analytics solutions leader Teradata (TDC). With a wide range of analytic data solutions that include software, hardware, business consulting and intelligence, data discovery and integration and more, Teradata helps health care providers and insurers interpret and transform data into useful insights that lead to a better understanding of patients, products, processes and opportunities. By tapping into the potential of diverse data from multiple sources, Teradata empowers the health care segment with new capabilities in areas such as data-driven consumer engagement, population health management, data-driven risk management and finance, value-based reimbursement analytics, mHealth biometrics analysis, and care coordination operations.
Offering a comprehensive class of enterprise data management solutions built around open source technology, Hortonworks (HDP) provides the Big Data technology components needed to build a health care data-centric structure without the need to replace existing infrastructure. Hortonworks already works with various health care industry players to transform the segment via its open source data platforms powered by Apache™ NiFi and Hadoop® technology, with the purpose of making all health care data available and actionable. The company recently announced that Clearsense, a leading developer of advanced data ecosystem and applications in the health care field, is using Hortonworks Data Platform® and Hortonworks DataFlow™ to capture data generated by health care organizations across the U.S. and process it via advanced analytics to provide real-time intelligence.
With a focus on helping health care providers identify and manage their data more effectively for operational excellence, leading visual analytics company Tableau Software (DATA) offers a simple and intuitive approach to data analytics. Users can easily connect to all of their data by simply dragging and dropping, without any additional scripting required, gaining a holistic view of patients and their history, risk identification and management, compliance to new regulations, and more. Tableau technology is already being used by several health care organizations and health care technology providers. The company’s main business analytics software products include Tableau Desktop for individual data analysis; Tableau Server for business intelligence based on data management and scalability features; Tableau Online, a SaaS version of Server; and the cloud-based Tableau Public platform.
A whole host of integrated health care technology solutions that can form an OS-like ensemble in efficiency and functionality comes from a leading provider of enterprise software platforms worldwide, MicroStrategy (MSTR). The company offers various data discovery, analytics, business intelligence systems and services for multiple devices and industries. It provides the health care industries with an impressive number of data analysis solutions designed to improve different areas of activity from supply chain management and revenue cycle optimization to population health management, fraud and abuse cases, overall hospital performance and operations, and individual doctor performance. Additionally, it can provide secure patient and staff digital IDs, along with a series of mobile applications that can enable remote care delivery and claims analysis.
The health care system is steadily moving toward widespread implementation of advanced technology that can make sense of the massive amounts of data it generates. An OS approach exists in some places, but this model needs to be applied across the board for better results and for building a unified system that is both cost- and resource-effective.
Source: (1) http://nnw.fm/LpxD0
For more information on ORHub, Inc. please visit: ORHub (ORHB) or https://www.orhub.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Recent technological advancements and the rise of smart mobile technology have triggered a massive boost in data generation across all medium and businesses, increasing the need for more efficient data mining and analysis tools. According to a PricewaterhouseCoopers and salesforce.com, Inc. (NYSE: CRM) infographic(1), most businesses can’t cope with this data influx because of outdated IT infrastructure, disparate systems and business unit silos. In turn, data locked in disparate systems hampers the decision-making process, ultimately leading to poor performance and loss of business. A total of 41 percent of CEOs complain about legacy systems not being able to make sense of large volumes of data coming from different sources, while 30 percent say they have trouble identifying useful data for their businesses, the infographic reveals.
Similar problems are plaguing the health care system, which is in need of a cost-effective way to unite all the different data gathering and processing tools it uses into one coherent whole. The system is gradually moving toward this target, with several leading technology providers in the field already testing more flexible, innovative solutions such as the cognitive health care concept developed by IBM’s (NYSE: IBM) Watson Health division. Cognitive computing and the development of an OS-like system that would be able to process impressive amounts of data from many different sources would change the health care industry significantly by bridging the gap between data and informed strategies, as IBM CEO Ginni Rommety noted at this year’s Healthcare Information and Management Systems Society meeting.
Novel cloud-based software platforms such as the one developed by ORHub, Inc. (ORHB) are a clear step in the right direction. With a focus on the value-based approach, which places the patient at the center and rewards health care providers based on actual, quantifiable results instead of number of services provided, the ORHub platform aims to revolutionize surgical care. The system is offering enhanced capabilities and empowering care providers to work together, organize, deliver, measure and reimburse in a single easy-to-use platform. ORHub’s Surgical Resource Management platform is data-driven and focuses on correct data analytics and tracking of patient history, including diagnosis, treatments, procedures, results, associated costs and more. Enabling data analysis across different health care units, this system can help address various issues, such as inventory status, costs of comparable surgeries, etc.
In addition to its enhanced capabilities, what makes ORHub’s platform truly stand out is its cost effectiveness. Major information technology rollouts in the health care industry typically last very long durations and cost millions of dollars. However, pilot installations of ORHub’s system have been completed in less than a month. So far, the system is in use at a major hospital in Southern California and a large non-profit hospital system, and plans are in motion to run three additional pilot programs before national launch. This platform was implemented so quickly due to its comprehensive and collaborative approach, which avoids integration with legacy systems completely. This unique approach generates real-time, uniform metrics, making it ideal for any large health care providers trying to improve its software systems across the board at several facilities.
A highly complex approach to health care data analytics comes from analytics solutions leader Teradata (TDC). With a wide range of analytic data solutions that include software, hardware, business consulting and intelligence, data discovery and integration and more, Teradata helps health care providers and insurers interpret and transform data into useful insights that lead to a better understanding of patients, products, processes and opportunities. By tapping into the potential of diverse data from multiple sources, Teradata empowers the health care segment with new capabilities in areas such as data-driven consumer engagement, population health management, data-driven risk management and finance, value-based reimbursement analytics, mHealth biometrics analysis, and care coordination operations.
Offering a comprehensive class of enterprise data management solutions built around open source technology, Hortonworks (HDP) provides the Big Data technology components needed to build a health care data-centric structure without the need to replace existing infrastructure. Hortonworks already works with various health care industry players to transform the segment via its open source data platforms powered by Apache™ NiFi and Hadoop® technology, with the purpose of making all health care data available and actionable. The company recently announced that Clearsense, a leading developer of advanced data ecosystem and applications in the health care field, is using Hortonworks Data Platform® and Hortonworks DataFlow™ to capture data generated by health care organizations across the U.S. and process it via advanced analytics to provide real-time intelligence.
With a focus on helping health care providers identify and manage their data more effectively for operational excellence, leading visual analytics company Tableau Software (DATA) offers a simple and intuitive approach to data analytics. Users can easily connect to all of their data by simply dragging and dropping, without any additional scripting required, gaining a holistic view of patients and their history, risk identification and management, compliance to new regulations, and more. Tableau technology is already being used by several health care organizations and health care technology providers. The company’s main business analytics software products include Tableau Desktop for individual data analysis; Tableau Server for business intelligence based on data management and scalability features; Tableau Online, a SaaS version of Server; and the cloud-based Tableau Public platform.
A whole host of integrated health care technology solutions that can form an OS-like ensemble in efficiency and functionality comes from a leading provider of enterprise software platforms worldwide, MicroStrategy (MSTR). The company offers various data discovery, analytics, business intelligence systems and services for multiple devices and industries. It provides the health care industries with an impressive number of data analysis solutions designed to improve different areas of activity from supply chain management and revenue cycle optimization to population health management, fraud and abuse cases, overall hospital performance and operations, and individual doctor performance. Additionally, it can provide secure patient and staff digital IDs, along with a series of mobile applications that can enable remote care delivery and claims analysis.
The health care system is steadily moving toward widespread implementation of advanced technology that can make sense of the massive amounts of data it generates. An OS approach exists in some places, but this model needs to be applied across the board for better results and for building a unified system that is both cost- and resource-effective.
Source: (1) http://nnw.fm/LpxD0
For more information on ORHub, Inc. please visit: ORHub (ORHB) or https://www.orhub.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Wednesday, March 29, 2017
MeetMe, Inc. (NASDAQ: MEET) Closes on 9.2 Million Share Public Offering, Sees 2Q2017 Target on Acquisition of if(we)
MeetMe, Inc. (NASDAQ: MEET) has closed on its public offering of 9.2 million shares of common stock at $5 per share. This is inclusive of the full option by underwriters for 1.2 million additional shares of common stock. Net proceeds will be used by the company for general corporate purposes and to potentially fund MeetMe’s pending acquisition of “if(we)”, a San Francisco-based social and mobile technology company, as well as other future takeovers.
MeetMe is a social network for meeting new people in the U.S. Some 80% of its one million daily user traffic comes from mobile devices, such as iPhones, iPads, and Android devices. It is becoming a gathering place for mobile users, the company said. It generates revenue from advertising, subscriptions, and virtual currency.
Targeted to close in 2Q2017, the “if(we)” acquisition would be made for $60 million in cash, and that company is anticipated to generate at least $9 million of adjusted EBITDA and be accretive to earnings in the first 12 months after closing, MeetMe noted in a news release.
“if(we)” had revenues of $44 million in 2016 and is the operator of TAGGED and Hi5, branded apps which enable people to meet and chat with others. The site features 10.4 million mobile chats daily, and 18,000 mobile app users are added each day. “if(we)” is available in 100 countries and 15 languages.
MeetMe said in its corporate presentation on the acquisition (http://nnw.fm/6rJUH) that the transaction is expected to generate cross-promotional opportunities. It added that there is a less than 5% overlap in user bases, and the two companies together can lower technology costs by standardizing products. Also, by utilizing MeetMe’s best practices, the company expects a convergence of certain key metrics, such as daily chats.
Funding for the acquisition will come from MeetMe’s cash on hand, cash from operations, and a new $30 million loan from J.P. Morgan. The combined company could generate revenues of $150 million annually and an EBITDA of $50 million, per MeetMe’s presentation materials.
For more information, visit www.MeetMeCorp.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
MeetMe is a social network for meeting new people in the U.S. Some 80% of its one million daily user traffic comes from mobile devices, such as iPhones, iPads, and Android devices. It is becoming a gathering place for mobile users, the company said. It generates revenue from advertising, subscriptions, and virtual currency.
Targeted to close in 2Q2017, the “if(we)” acquisition would be made for $60 million in cash, and that company is anticipated to generate at least $9 million of adjusted EBITDA and be accretive to earnings in the first 12 months after closing, MeetMe noted in a news release.
“if(we)” had revenues of $44 million in 2016 and is the operator of TAGGED and Hi5, branded apps which enable people to meet and chat with others. The site features 10.4 million mobile chats daily, and 18,000 mobile app users are added each day. “if(we)” is available in 100 countries and 15 languages.
MeetMe said in its corporate presentation on the acquisition (http://nnw.fm/6rJUH) that the transaction is expected to generate cross-promotional opportunities. It added that there is a less than 5% overlap in user bases, and the two companies together can lower technology costs by standardizing products. Also, by utilizing MeetMe’s best practices, the company expects a convergence of certain key metrics, such as daily chats.
Funding for the acquisition will come from MeetMe’s cash on hand, cash from operations, and a new $30 million loan from J.P. Morgan. The combined company could generate revenues of $150 million annually and an EBITDA of $50 million, per MeetMe’s presentation materials.
For more information, visit www.MeetMeCorp.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
ChineseInvestors.com, Inc. (CIIX) Executes a First to Market Milestone
A population of over 1.2 billion people is one heck of a target market, especially when insulated by language. ChineseInvestors.com (OTCQB: CIIX) has leveraged this demographic to market a broad range of products, services and information specifically for the Chinese speaking population. The company provides real-time market commentary, analysis, and education-related services in the Chinese language and offers several types of subscription-based services. Headquartered in Los Angeles with offices in New York City and Shanghai, the company also offers consultation services to private companies seeking to go public, as well as advertising and public relations services.
Seizing opportunity, this diverse multi-faceted company recently executed a first-to-market milestone by creating the world’s only Chinese language, cannabinoid-based therapeutic health products online store, www.ChineseCBDoil.com. To supply consistently high quality products, the company entered into a wholesale agreement with a well-known CBD oil health brand manufacturer in January.
Marijuana use in China is illegal, but there are no legal strictures on the sale or use of therapeutic cannabis-based oils. Cannabidiol (CBD) oil is considered to have a broad range of medical benefits and, unlike medical marijuana products, CBD oil is non-psychoactive with low THC and high CBD content. CBD has shown varying efficacy in treating epilepsy, Alzheimer’s disease and cirrhosis, as well as providing relief from anxiety and stress. CBD interacts with the body through the endocannabinoid system. The endocannabinoid system regulates the body’s homeostasis, or general state of balance, impacting such functions as mood, sleep, appetite, hormone regulation, pain and immune response. Even more benefits are expected to be uncovered upon completion of ongoing research.
Given the wide-ranging practice of holistic-based Eastern medicine, acceptance and use of CBD oils is not only a natural adjunct but also an enormous potential revenue generator for ChineseInvestors.com.
For more information, visit the company’s website at www.ChineseInvestors.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Seizing opportunity, this diverse multi-faceted company recently executed a first-to-market milestone by creating the world’s only Chinese language, cannabinoid-based therapeutic health products online store, www.ChineseCBDoil.com. To supply consistently high quality products, the company entered into a wholesale agreement with a well-known CBD oil health brand manufacturer in January.
Marijuana use in China is illegal, but there are no legal strictures on the sale or use of therapeutic cannabis-based oils. Cannabidiol (CBD) oil is considered to have a broad range of medical benefits and, unlike medical marijuana products, CBD oil is non-psychoactive with low THC and high CBD content. CBD has shown varying efficacy in treating epilepsy, Alzheimer’s disease and cirrhosis, as well as providing relief from anxiety and stress. CBD interacts with the body through the endocannabinoid system. The endocannabinoid system regulates the body’s homeostasis, or general state of balance, impacting such functions as mood, sleep, appetite, hormone regulation, pain and immune response. Even more benefits are expected to be uncovered upon completion of ongoing research.
Given the wide-ranging practice of holistic-based Eastern medicine, acceptance and use of CBD oils is not only a natural adjunct but also an enormous potential revenue generator for ChineseInvestors.com.
For more information, visit the company’s website at www.ChineseInvestors.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Bollente Companies, Inc. (BOLC) is “One to Watch”
Bollente Companies, Inc. (OTCQB: BOLC) is in the early stages of developing a diverse portfolio of companies, targeting disruptive technologies that positively impact the environment and emerging economies. Their current focus is on high-efficiency electric tankless water heaters, manufactured and sold under “trutankless”, a division of Bollente, including a line of economy tankless water heaters sold under the Vero name. Units are available for both residential and commercial application.
The primary Bollente advantage is their use of advanced technology, superior to previous tankless systems, together with a growing U.S. and global market. Traditional water heaters are one of the costliest appliances to operate. The two primary energy sources used in U.S. homes are electric and natural gas, with less than half of U.S. homes having natural gas available. In addition, there are no significant electric whole home tankless manufacturers.
The U.S. Department of Energy now requires tanks of 55 gallons or more to have efficiency levels requiring expensive heat pumps to achieve. Bollente’s trutankless electric tankless water heater employs specialized sensors for constant water temperature, solid state electronics, and proprietary software, resulting in one of the most efficient heat exchangers ever produced. The technology includes smart grid and home automation capabilities, remote control and monitoring, and even smartphone alerts. It also allows adjustable custom power management settings, so that users can further enhance energy usage and performance. It is now estimated that tankless heaters used in every home would save over $8 billion annually in the U.S. alone.
By maintaining 99 percent efficiency, Bollente’s trutankless heaters use less energy than tank heaters, while providing the convenience of always-hot water. The system only uses power when there is demand, producing water to exact temperature, within one degree, even with sudden changes to input. Wireless apps allow for remote settings, notifications, and monitoring, and models are compatible with existing home automation and energy management systems. The technology also reduces size, for easy location, and the system’s self-flushing design provides up to 20+ years of maintenance free operation, significantly reducing upkeep and replacement costs. This becomes an additional environmental benefit since roughly 8 million used water heaters are dumped in landfills every year.
Bollente has also announced the formation of Bollente International, Inc., a wholly-owned subsidiary, for the international production and sale of trutankless systems. Taking advantage of growing interest in their technology, Bollente International is working with an international manufacturing firm for the production and distribution of trutankless systems throughout Europe, Asia, Australia and New Zealand, with the first step being the testing and certification necessary to meet the various international standards.
Bollente has made electric tankless water heating compelling to a major consumer market, both in and outside the U.S., offering economic as well as operational efficiency and convenience, attractive to builders as well as to end consumers.
For more information, visit the company’s website at www.BollenteCompanies.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
The primary Bollente advantage is their use of advanced technology, superior to previous tankless systems, together with a growing U.S. and global market. Traditional water heaters are one of the costliest appliances to operate. The two primary energy sources used in U.S. homes are electric and natural gas, with less than half of U.S. homes having natural gas available. In addition, there are no significant electric whole home tankless manufacturers.
The U.S. Department of Energy now requires tanks of 55 gallons or more to have efficiency levels requiring expensive heat pumps to achieve. Bollente’s trutankless electric tankless water heater employs specialized sensors for constant water temperature, solid state electronics, and proprietary software, resulting in one of the most efficient heat exchangers ever produced. The technology includes smart grid and home automation capabilities, remote control and monitoring, and even smartphone alerts. It also allows adjustable custom power management settings, so that users can further enhance energy usage and performance. It is now estimated that tankless heaters used in every home would save over $8 billion annually in the U.S. alone.
By maintaining 99 percent efficiency, Bollente’s trutankless heaters use less energy than tank heaters, while providing the convenience of always-hot water. The system only uses power when there is demand, producing water to exact temperature, within one degree, even with sudden changes to input. Wireless apps allow for remote settings, notifications, and monitoring, and models are compatible with existing home automation and energy management systems. The technology also reduces size, for easy location, and the system’s self-flushing design provides up to 20+ years of maintenance free operation, significantly reducing upkeep and replacement costs. This becomes an additional environmental benefit since roughly 8 million used water heaters are dumped in landfills every year.
Bollente has also announced the formation of Bollente International, Inc., a wholly-owned subsidiary, for the international production and sale of trutankless systems. Taking advantage of growing interest in their technology, Bollente International is working with an international manufacturing firm for the production and distribution of trutankless systems throughout Europe, Asia, Australia and New Zealand, with the first step being the testing and certification necessary to meet the various international standards.
Bollente has made electric tankless water heating compelling to a major consumer market, both in and outside the U.S., offering economic as well as operational efficiency and convenience, attractive to builders as well as to end consumers.
For more information, visit the company’s website at www.BollenteCompanies.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Marijuana Legalization Could Encourage Widespread Economic Benefits
There are a number of advantages to society and the public safety in regulating marijuana, but economic arguments also favor its legalization. The benefits include increased tax revenues, job creation, and reduced law enforcement costs. However, to legalize and regulate marijuana requires an ecosystem of support services like those provided by SinglePoint, Inc. (SING) (SING Profile), American Cannabis Company (AMMJ), Kush Bottles, Inc. (KSHB), mCig, Inc. (MCIG) and Terra Tech Corp. (TRTC).
As a job-creating engine, the industry will be a super powerful diesel. Reporting on recently released data from New Frontier Data, Forbes(1) relates industry analyst projections that “by 2020 the legal cannabis market will create more than a quarter of a million jobs.” These projections are modest, based only on markets in the 29 jurisdictions that have legalized medical marijuana and the 10 others that have legalized recreational marijuana.
An industry with this potential requires strong, innovative spokes that support broader growth and opportunity. One such innovator is SinglePoint (SING), which, through its SingleSeed Payments subsidiary, stands at the ready to make the New Frontier Data forecasts a reality by offering payment solutions to the cannabis industry. Its mobile marketing and payment solutions include cashless ATM, Pay-by-Text™ and text message marketing, while the SingleSeed.com website is designed as a go-to for dispensaries in need of merchant payment processing solutions and other business tools.
“The cannabis industry is on the cusp of unprecedented liberties, and we are optimistic that as more states vote to legalize the drug, policymakers will have to take a second look at how banks will be involved in payment processing. When the industry becomes bankable, we will already be in on the action as a ‘first mover’ with mobile technology to revolutionize the cannabis merchant processing business,” SinglePoint CEO Greg Lambrecht stated in a press release.
Collaborating with its technology partners, SingleSeed is developing a marketing program specifically designed for cannabis accounts, enabling consumers to use their credit and debit cards to make mobile payments for cannabis purchases.
SingleSeed recently made a significant advancement in its broader strategy to strengthen its presence in the cannabis industry when it acquired a stake in Jacksam Corp., dba Convectium, the developer of a unique oil filling system for the cannabis industry. The investment in Convectium will help fund the company’s growth, as well as the marketing of its revolutionary 710Shark and 710Seal oil filling system. Convectium projects full-year 2017 sales of $3.5 million, which would represent a year-over-year increase of 150 percent, and it is already on pace to meet this goal, as first quarter sales significantly surpassed sales in the first quarter of last year.
Another key cannabis player is American Cannabis Company (AMMJ), which last week announced that it had secured its first client in the Canadian province of Alberta. AMMJ provides consulting services to cannabis businesses. The company will be working with this client to strategically plan business operations, as well as to develop a robust financial model that will serve as a foundation for license acquisition. AMMJ will also be involved in conceptual design work for cultivation and manufacturing facilities for the client.
Kush Bottles (KSHB) in early May added new distribution partners in Hawaii and Puerto Rico, two key medical cannabis markets. Both agreements include ‘reciprocity clauses’ that allow sales to patients with valid medical marijuana cards who are visiting from other states. Both Puerto Rico and Hawaii are frequent holiday destinations for U.S. mainland tourists. According to the Hawaii Department of Business, Economic Development and Tourism, Hawaii had approximately 9 million tourist visits in 2016. Kush provides packaging, supplies, accessories and branding solutions for the regulated cannabis industry.
In Nevada, mCig, Inc. (MCIG), through its lifestyle brands, services the legal cannabis, hemp and cannabidiol (CBD) markets. Originally a vaporizer manufacturer, the company has expanded to become a large-scale, full-service cannabis cultivation construction company and hemp-based CBD market supplier. mCig recently reported a 446 percent increase in third-quarter revenue to $1.3 million and recapped a busy quarter of achievements that include its first construction project and the expansion of its Grow Contractors brand into Oregon, where it is constructing a new facility.
Terra Tech (TRTC) is a vertically-integrated, cannabis-focused agriculture company that operates through several subsidiaries focused on individual niches of the cannabis industry. Its brands include IVXX, Inc., which produces medical cannabis-extracted products for regulated medical cannabis dispensaries throughout California. The company’s Edible Garden subsidiary cultivates a premier brand of local and sustainably-grown hydroponic produce sold through major grocery stores such as ShopRite, Walmart, Winn-Dixie, Raley’s, Meijer, Kroger, and others. Focused on the medicinal side, Terra Tech’s Blüm brand operates retail medical cannabis facilities focused on providing the highest quality medical cannabis to patients who are looking for alternative treatments for their chronic medical conditions. Blüm offers a broad selection of medical cannabis products, including flowers, concentrates and edibles, through its Oakland, California, and multiple Nevada locations. Terra Tech’s MediFarm LLC subsidiaries focus on medical cannabis cultivation and permitting businesses throughout Nevada, while its GrowOp Technology subsidiary specializes in controlled environment agricultural technologies.
The marijuana industry is budding with opportunity in the fields of medicine, retail, edibles and numerous other applications. Visionary companies like SinglePoint and the others mentioned above recognize the value of their innovations and how a regulated industry would benefit their operations, shareholders and the broader economy.
Sources: (1) http://nnw.fm/n7F3m
For more information on Singlepoint, Inc. please visit: Singlepoint, Inc. (SING)
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
As a job-creating engine, the industry will be a super powerful diesel. Reporting on recently released data from New Frontier Data, Forbes(1) relates industry analyst projections that “by 2020 the legal cannabis market will create more than a quarter of a million jobs.” These projections are modest, based only on markets in the 29 jurisdictions that have legalized medical marijuana and the 10 others that have legalized recreational marijuana.
An industry with this potential requires strong, innovative spokes that support broader growth and opportunity. One such innovator is SinglePoint (SING), which, through its SingleSeed Payments subsidiary, stands at the ready to make the New Frontier Data forecasts a reality by offering payment solutions to the cannabis industry. Its mobile marketing and payment solutions include cashless ATM, Pay-by-Text™ and text message marketing, while the SingleSeed.com website is designed as a go-to for dispensaries in need of merchant payment processing solutions and other business tools.
“The cannabis industry is on the cusp of unprecedented liberties, and we are optimistic that as more states vote to legalize the drug, policymakers will have to take a second look at how banks will be involved in payment processing. When the industry becomes bankable, we will already be in on the action as a ‘first mover’ with mobile technology to revolutionize the cannabis merchant processing business,” SinglePoint CEO Greg Lambrecht stated in a press release.
Collaborating with its technology partners, SingleSeed is developing a marketing program specifically designed for cannabis accounts, enabling consumers to use their credit and debit cards to make mobile payments for cannabis purchases.
SingleSeed recently made a significant advancement in its broader strategy to strengthen its presence in the cannabis industry when it acquired a stake in Jacksam Corp., dba Convectium, the developer of a unique oil filling system for the cannabis industry. The investment in Convectium will help fund the company’s growth, as well as the marketing of its revolutionary 710Shark and 710Seal oil filling system. Convectium projects full-year 2017 sales of $3.5 million, which would represent a year-over-year increase of 150 percent, and it is already on pace to meet this goal, as first quarter sales significantly surpassed sales in the first quarter of last year.
Another key cannabis player is American Cannabis Company (AMMJ), which last week announced that it had secured its first client in the Canadian province of Alberta. AMMJ provides consulting services to cannabis businesses. The company will be working with this client to strategically plan business operations, as well as to develop a robust financial model that will serve as a foundation for license acquisition. AMMJ will also be involved in conceptual design work for cultivation and manufacturing facilities for the client.
Kush Bottles (KSHB) in early May added new distribution partners in Hawaii and Puerto Rico, two key medical cannabis markets. Both agreements include ‘reciprocity clauses’ that allow sales to patients with valid medical marijuana cards who are visiting from other states. Both Puerto Rico and Hawaii are frequent holiday destinations for U.S. mainland tourists. According to the Hawaii Department of Business, Economic Development and Tourism, Hawaii had approximately 9 million tourist visits in 2016. Kush provides packaging, supplies, accessories and branding solutions for the regulated cannabis industry.
In Nevada, mCig, Inc. (MCIG), through its lifestyle brands, services the legal cannabis, hemp and cannabidiol (CBD) markets. Originally a vaporizer manufacturer, the company has expanded to become a large-scale, full-service cannabis cultivation construction company and hemp-based CBD market supplier. mCig recently reported a 446 percent increase in third-quarter revenue to $1.3 million and recapped a busy quarter of achievements that include its first construction project and the expansion of its Grow Contractors brand into Oregon, where it is constructing a new facility.
Terra Tech (TRTC) is a vertically-integrated, cannabis-focused agriculture company that operates through several subsidiaries focused on individual niches of the cannabis industry. Its brands include IVXX, Inc., which produces medical cannabis-extracted products for regulated medical cannabis dispensaries throughout California. The company’s Edible Garden subsidiary cultivates a premier brand of local and sustainably-grown hydroponic produce sold through major grocery stores such as ShopRite, Walmart, Winn-Dixie, Raley’s, Meijer, Kroger, and others. Focused on the medicinal side, Terra Tech’s Blüm brand operates retail medical cannabis facilities focused on providing the highest quality medical cannabis to patients who are looking for alternative treatments for their chronic medical conditions. Blüm offers a broad selection of medical cannabis products, including flowers, concentrates and edibles, through its Oakland, California, and multiple Nevada locations. Terra Tech’s MediFarm LLC subsidiaries focus on medical cannabis cultivation and permitting businesses throughout Nevada, while its GrowOp Technology subsidiary specializes in controlled environment agricultural technologies.
The marijuana industry is budding with opportunity in the fields of medicine, retail, edibles and numerous other applications. Visionary companies like SinglePoint and the others mentioned above recognize the value of their innovations and how a regulated industry would benefit their operations, shareholders and the broader economy.
Sources: (1) http://nnw.fm/n7F3m
For more information on Singlepoint, Inc. please visit: Singlepoint, Inc. (SING)
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Tuesday, March 28, 2017
Greenkraft, Inc. (GKIT) Making Itself Available to the Entirety of the United States
Most vehicles across the United States are powered by either gasoline or diesel, but this is changing. Sales of cars, especially fleet vehicles, that operate on alternative fuels are growing, and, according to the U.S. Department Of Energy, natural gas now powers more than 150,000 vehicles across the country and over 15 million vehicles worldwide (http://nnw.fm/iPeZ7).
Because natural gas as a transportation fuel is widely distributed, domestically available, more cost efficient, and better for the environment, these new vehicles are expected to become increasingly popular for the foreseeable future, and, thanks to Greenkraft, Inc. (OTCQB: GKIT), they will soon be making their way across the U.S.
Greenkraft, a company that manufactures and markets alternative fuel systems to convert petrol-based vehicles and engines to function on natural gas and propane fuels, offers a variety of trucks and engines to suit various modern-day business needs. In fact, all of its products are built to suit companies in the food, electric, construction, and landscaping markets, among others.
Greenkraft prides itself on offering fuel efficient trucks that not only save businesses money, but are also better for the environment. These vehicles meet EPA and CARB emission standards and use only alternative fuels for power. To top it off, the company works closely with the government to encourage businesses to switch to more eco-friendly automobiles through tax incentives and rebates.
Most recently, Greenkraft announced that it will be launching a widespread national marketing campaign to include printed advertisements, trade shows, and targeted campaigns that will showcase its trucks and engines to the majority of the U.S. market. In addition to bringing in new customers, GKIT wants to educate companies about the positive environmental impact they could have by changing their transportation methods.
A month prior to this press release, the company announced that, due to increased demand for its products, it will be expanding to a bigger factory in 2017 and introduce new, larger-sized trucks in weights of 26,000 and 33,000 pounds, respectively. The combination of this new nationwide marketing campaign and its plans to expand to a bigger factory will enable GKIT to meet customer needs while having a serious positive impact on the environment.
For more information, visit www.GreenkraftInc.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Because natural gas as a transportation fuel is widely distributed, domestically available, more cost efficient, and better for the environment, these new vehicles are expected to become increasingly popular for the foreseeable future, and, thanks to Greenkraft, Inc. (OTCQB: GKIT), they will soon be making their way across the U.S.
Greenkraft, a company that manufactures and markets alternative fuel systems to convert petrol-based vehicles and engines to function on natural gas and propane fuels, offers a variety of trucks and engines to suit various modern-day business needs. In fact, all of its products are built to suit companies in the food, electric, construction, and landscaping markets, among others.
Greenkraft prides itself on offering fuel efficient trucks that not only save businesses money, but are also better for the environment. These vehicles meet EPA and CARB emission standards and use only alternative fuels for power. To top it off, the company works closely with the government to encourage businesses to switch to more eco-friendly automobiles through tax incentives and rebates.
Most recently, Greenkraft announced that it will be launching a widespread national marketing campaign to include printed advertisements, trade shows, and targeted campaigns that will showcase its trucks and engines to the majority of the U.S. market. In addition to bringing in new customers, GKIT wants to educate companies about the positive environmental impact they could have by changing their transportation methods.
A month prior to this press release, the company announced that, due to increased demand for its products, it will be expanding to a bigger factory in 2017 and introduce new, larger-sized trucks in weights of 26,000 and 33,000 pounds, respectively. The combination of this new nationwide marketing campaign and its plans to expand to a bigger factory will enable GKIT to meet customer needs while having a serious positive impact on the environment.
For more information, visit www.GreenkraftInc.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
eXp World Holdings, Inc. (EXPI) Keeps Salespeople Satisfied and Selling
The sales profession is known for sales cycle stress, pressures to meet quotas and the debilitating psychological impact of constant rejection. Combined, these factors are known contributors to the sales industry’s exceptionally high turnover rates and lost productivity. The satisfaction level of salespeople may not seem to correlate directly with business objectives, but it substantially impacts an organization’s bottom line. Happy sales people are consistently more resourceful and productive. Sales can obviously be a tough job, with the daily grind of prospecting and repeated rejection. Even top producers can be pulled down by deals that linger but never seem to go through.
Research has proven that happiness is contagious, especially in sales. When salespeople truly enjoys their environment and what they’re doing, it leads to a more natural selling proposition and, ultimately, more success. They convert more leads and are generally more successful, because prospects are engaged and gravitate toward them. Happy salespeople are less stressed, undeterred by rejection, and consistently more productive.
More money can help enhance a sales person’s happiness, but more money alone does not directly equate to more happiness. More money helps, but well-researched psychological principles show that top salespeople want more. These principles show that sales producers are motivated by new challenges and responsibilities. They also want to continue to learn and hone their skills, an essential element of what makes them successful. More than most people, top sales performers need appreciation and recognition for their achievements, and they produce more in an environment that promotes relationships and provides meaning.
Few industries are more sales driven than residential real estate. Success is contingent upon attracting and keeping productive sales agents. Adding agents, reducing turn over, and increasing sales productivity makes or breaks agencies. eXp World Holdings, Inc. (OTCQB: EXPI) is changing the paradigm of real estate sales by using an advanced-technology online system to provide the tools, motivation, and support needed to attract and keep agents. eXp World Holdings is the publicly-traded holding company of eXp Realty, an agent-owned cloud-based residential brokerage. The company nearly tripled its agent count last year, with over 1,500 new real estate professionals joining eXp Realty in 2016. The dramatic increase in agents and revenues reflects the environment built by the company’s unique business model. eXp Realty believes the greatest asset of any real estate brokerage is the team of agents and brokers who create the revenues of the company.
By eliminating the high cost of brick and mortar locations, the company offers among the highest payouts in the industry. Agents and brokers receive exceptional support and continued education through eXp Realty’s innovative 24/7 cloud-based system of collaborative tools and training. Its 3-D, fully-immersive, cloud office environment also promotes agent socialization, relationship enhancement, and agent recognition. Proof of eXp’s pioneering approach is borne out not only by the striking increase in agents last year, but also by the myriad of positive online reviews posted by agents.
By surreptitiously abetting sales agent happiness with tangible and intangible support systems, eXp is poised to not only continue adding legions of agents, but also to dramatically exceed revenue expectations.
For more information, visit the company’s website at www.eXpWorldHoldings.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Research has proven that happiness is contagious, especially in sales. When salespeople truly enjoys their environment and what they’re doing, it leads to a more natural selling proposition and, ultimately, more success. They convert more leads and are generally more successful, because prospects are engaged and gravitate toward them. Happy salespeople are less stressed, undeterred by rejection, and consistently more productive.
More money can help enhance a sales person’s happiness, but more money alone does not directly equate to more happiness. More money helps, but well-researched psychological principles show that top salespeople want more. These principles show that sales producers are motivated by new challenges and responsibilities. They also want to continue to learn and hone their skills, an essential element of what makes them successful. More than most people, top sales performers need appreciation and recognition for their achievements, and they produce more in an environment that promotes relationships and provides meaning.
Few industries are more sales driven than residential real estate. Success is contingent upon attracting and keeping productive sales agents. Adding agents, reducing turn over, and increasing sales productivity makes or breaks agencies. eXp World Holdings, Inc. (OTCQB: EXPI) is changing the paradigm of real estate sales by using an advanced-technology online system to provide the tools, motivation, and support needed to attract and keep agents. eXp World Holdings is the publicly-traded holding company of eXp Realty, an agent-owned cloud-based residential brokerage. The company nearly tripled its agent count last year, with over 1,500 new real estate professionals joining eXp Realty in 2016. The dramatic increase in agents and revenues reflects the environment built by the company’s unique business model. eXp Realty believes the greatest asset of any real estate brokerage is the team of agents and brokers who create the revenues of the company.
By eliminating the high cost of brick and mortar locations, the company offers among the highest payouts in the industry. Agents and brokers receive exceptional support and continued education through eXp Realty’s innovative 24/7 cloud-based system of collaborative tools and training. Its 3-D, fully-immersive, cloud office environment also promotes agent socialization, relationship enhancement, and agent recognition. Proof of eXp’s pioneering approach is borne out not only by the striking increase in agents last year, but also by the myriad of positive online reviews posted by agents.
By surreptitiously abetting sales agent happiness with tangible and intangible support systems, eXp is poised to not only continue adding legions of agents, but also to dramatically exceed revenue expectations.
For more information, visit the company’s website at www.eXpWorldHoldings.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
India Globalization Capital, Inc. (NYSE: IGC) Aims to Become a Leading Provider of Cannabis-Based Combination Therapies
India Globalization Capital, Inc. (NYSE MKT: IGC) has set a long-term goal for itself in the U.S. of becoming a leading provider of cannabis-based pharmaceutical and nutraceutical products. This is a transition away from its earlier short-term strategy, including the sale of electronics and development of a hotel site in Malaysia. To this end, the company has jettisoned its electronics business. IGC is now fully focused on building a portfolio of patents and starting clinical and pre-clinical trials for a series of pain-reducing and other cannabis-based therapies. These therapies are designed to treat neuropathic pain, seizures, Parkinson’s, anorexia/cachexia, Alzheimer’s, and PTSD.
Ram Mukunda, CEO of the company, indicated that IGC’s 2017 goals are focused on its progression toward commencement of clinical trials for these combination therapies. The Journal of Pain, in September 2012, reported that between $560 billion and $635 billion is spent annually in the U.S. for pain management, making it a significant part of the American health care system. In response, IGC has developed a series of drugs for pain and other disorders, including IGC-501 for neuropathic pain, IGC-502 for the treatment of seizures, and IGC-504 and IGC-506 for eating disorders and cachexia.
The company recently filed for issuance of a provisional patent for IGC-506, a combination of cannabis-based extracts and other compounds. It should be noted that a provisional patent does not assure the issuance of a patent in the future.
Mukunda explained that IGC is starting a review of international medical sites as the company seeks preclinical and clinical trials of its patent portfolio. He described the marketplace that IGC is entering as large, indicating that trials, patents and seeking approval from the U.S. Food & Drug Administration is seen as cost-effective.
For more information, visit the company’s website at www.IGCinc.us
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Ram Mukunda, CEO of the company, indicated that IGC’s 2017 goals are focused on its progression toward commencement of clinical trials for these combination therapies. The Journal of Pain, in September 2012, reported that between $560 billion and $635 billion is spent annually in the U.S. for pain management, making it a significant part of the American health care system. In response, IGC has developed a series of drugs for pain and other disorders, including IGC-501 for neuropathic pain, IGC-502 for the treatment of seizures, and IGC-504 and IGC-506 for eating disorders and cachexia.
The company recently filed for issuance of a provisional patent for IGC-506, a combination of cannabis-based extracts and other compounds. It should be noted that a provisional patent does not assure the issuance of a patent in the future.
Mukunda explained that IGC is starting a review of international medical sites as the company seeks preclinical and clinical trials of its patent portfolio. He described the marketplace that IGC is entering as large, indicating that trials, patents and seeking approval from the U.S. Food & Drug Administration is seen as cost-effective.
For more information, visit the company’s website at www.IGCinc.us
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Lithium Market Soaring, Driven by Battery-Powered Electronics, Automotive Industries
Lithium remains a key commodity for the future due primarily to a rising worldwide demand for rechargeable lithium-ion batteries. Used to power many consumer electronics and electric vehicles, the market for lithium-ion batteries is rapidly growing, on pace to reach $46.21 billion in the next five years. To meet this rising demand, leading lithium mining companies such as MGX Minerals, Inc. (CSE: XMG OTC: MGXMF) (MGX Minerals Profile), Albemarle Corp. (ALB), Sociedad QuÃmica y Minera de Chile S.A. (SQM), FMC Corp. (FMC) and Galaxy Resources Limited (GALXF) are tirelessly working to find new, cost-effective ways to successfully extract this valuable mineral.
A key player on the lithium mining market, with a proprietary and lucrative extraction method, is MGX Minerals, Inc. (MGX Minerals Profile). MGX Minerals uses an innovative extraction method called petrolithium, under which lithium and other valuable minerals are sourced from petroleum brine water in a faster and more environmentally friendly way than typical extraction methods such as hard-rock mining or solar evaporation. The company was the first to recognize the potential of petrolithium and to implement a business strategy based on this method. With its engineering partner, PurLucid Water Treatment Systems, MGX has patented and patent-pending technology. The company is positioned as a front runner in the industry – an enviable spot further supplemented by key industry relationships. MGX Minerals has established partnerships with major oil and gas companies and has acquired more than 1.5 million acres of land in regions neighboring oil fields across Canada and the United States.
MGX Minerals’ petrolithium extraction process is based on proprietary technology developed by its engineering partner PurLucid Treatment Solutions, which separates oil from the petroleum brine that contains lithium while also treating the resulting wastewater for reuse as clean water. The company recently reported a major advancement in the development of its filtration and extraction technology after PurLucid successfully upgraded petrolithium brine from one of the company’s largest assets – the Sturgeon Lake Petro Lithium Project in Alberta, Canada. By using a new process that concentrates lithium while removing contaminants, PurLucid was able to upgrade brine from a concentration of 67mg/L Li to 1600mg/L Li during the filtration and pre-treatment stage of the extraction process. MGX and PurLucid are preparing for deployment of this technology, which has the potential to significantly lower the cost of the entire petrolithium process.
With high energy density that makes them ideal for use in portable equipment, rechargeable lithium-ion batteries are used mostly in electronics such as laptops, mobile phones, gaming equipment, etc. The largest industrial consumer of lithium in this sector is Panasonic Corporation (OTC: PCRFY), which manufactures a wide range of electronics powered by rechargeable batteries. The growing popularity of electric vehicles has made the automotive industry another large consumer of lithium, with Tesla (TSLA) the main driving force in this particular segment. Tesla is producing a wide range of electric vehicles and also has plans to start manufacturing its own lithium-ion batteries, in collaboration with Panasonic. According to an Allied Market Research report (http://nnw.fm/b5eTY), the global lithium-ion battery market is expected to continue expanding at a compound annual growth rate of 10.8 percent and reach $46.21 billion by 2022. This is obviously positive news for the lithium mining market, as both lithium prices and well-positioned associated mining companies are likely to continue growing.
Arguably the largest lithium producer in the world at the moment is Albermarle (ALB), a specialty chemical company whose portfolio also includes bromine specialties, refining catalysts, fine chemistry services and more. Based in Charlotte, North Carolina, Albermarle became a lithium superpower after acquiring Rockwood Holdings in January 2015, which gave it control over about 35 percent of the world’s lithium market. It is estimated that the company’s lithium sales were about $508.8 million in 2015, considerably higher than what other industry players reported. Albermarle extracts its lithium from three primary sources: Silver Peak, Nevada; Salar de Atacama, Chile, and a 49 percent stake in Talison Lithium’s hard-rock Greenbushes mine in Australia. The company recently announced plans to expand operations at Greenbushes and more than double the production of lithium carbonate there from 80,000 metric tons to over 160,000 metric tons per year.
With a strong global presence in various industries and applications, Sociedad QuÃmica y Minera de Chile S.A. (SQM) is currently the second largest lithium producer in the world, holding about 22 percent of the market. Although the Chile-based company faced some challenges in 2015, including being part of a broader corruption scandal in the country, its lithium revenue business continued to grow, generating revenues of more than $223 million. The same trend continued in the first half of 2016, when SQM reported a 92.1 percent increase in its lithium and derivatives business revenue. The company extracts its lithium from underground brine at Chile’s Atacama Salt Desert. Last year, SQM partnered with Lithium Americas Corp. (OTC: LACDF) to develop a lithium project in Jujuy, Argentina – the company’s first lithium production investment outside Chile.
Often listed as the third largest player in the industry alongside Albemarle and SQM, FMC Corporation (FMC) had lithium segment revenues of $238 million in 2015, and reported an 11.5 percent increase in the first six months of 2016. The company extracts its lithium from its own source, the Salar del Hombre Muerto in Argentina, and also runs its own processing and production facilities where it refined lithium carbonate obtained from lithium chloride into other products such as lithium hydroxide, lithium metals, hypochloride and bromide. FMC Corporation has a proprietary brine extraction technique that reportedly generates the highest-purity lithium available in the entire industry. Met with growing demand, the company is looking to diversify its supply sources and has recently signed a long-term supply agreement with Nemaska Lithium, Inc., under which the Canadian company will provide FMC with 8,000 metric tons of lithium carbonate a year.
Another important, although smaller lithium producer is Australia’s Galaxy Resources Limited (GALXF), with extraction projects in Argentina, Canada and Western Australia. Anticipating a growing demand for the mineral, the company is positioning itself to become a key supplier of high-quality lithium by continuing to develop and expand its current assets. Galaxy Resources Limited owns and recently commenced operations at Western Australia’s Mt Cattlin Spodumene Mine and Quebec, Canada’s James Bay Lithium Pegmatite Project. In addition, the company is expanding operations at Argentina’s Sal de Vida project located in the so-called Lithium Triangle, which accounts for approximately 60 percent of the world’s lithium production.
The above companies, among others, are focused on addressing growing demand for lithium; however, there is another component to consider when exploring plays in this sector. Consider this: according to data from the U.S. Geological Survey, each year 20-30 billion barrels of brine are generated by oil and gas production operations, which is 70 times the volume of all liquid hazardous wastes generated in the United States. As such, the global oil industry is hungry for technology to cost-effectively treat oil wastewater in an environmentally friendly manner.
With its successful extraction of lithium from oil field brine, MGX Minerals has a first-mover advantage to answer the call for efficient wastewater treatment as well as meet the demand for lithium and its growing applications – an achievement that would benefit the environment, oil and gas producers around the world, and company shareholders. For solution providers like MGX Minerals, the potential here is incredible.
For more information on MGX please visit MGX Minerals or https://www.MGXminerals.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
A key player on the lithium mining market, with a proprietary and lucrative extraction method, is MGX Minerals, Inc. (MGX Minerals Profile). MGX Minerals uses an innovative extraction method called petrolithium, under which lithium and other valuable minerals are sourced from petroleum brine water in a faster and more environmentally friendly way than typical extraction methods such as hard-rock mining or solar evaporation. The company was the first to recognize the potential of petrolithium and to implement a business strategy based on this method. With its engineering partner, PurLucid Water Treatment Systems, MGX has patented and patent-pending technology. The company is positioned as a front runner in the industry – an enviable spot further supplemented by key industry relationships. MGX Minerals has established partnerships with major oil and gas companies and has acquired more than 1.5 million acres of land in regions neighboring oil fields across Canada and the United States.
MGX Minerals’ petrolithium extraction process is based on proprietary technology developed by its engineering partner PurLucid Treatment Solutions, which separates oil from the petroleum brine that contains lithium while also treating the resulting wastewater for reuse as clean water. The company recently reported a major advancement in the development of its filtration and extraction technology after PurLucid successfully upgraded petrolithium brine from one of the company’s largest assets – the Sturgeon Lake Petro Lithium Project in Alberta, Canada. By using a new process that concentrates lithium while removing contaminants, PurLucid was able to upgrade brine from a concentration of 67mg/L Li to 1600mg/L Li during the filtration and pre-treatment stage of the extraction process. MGX and PurLucid are preparing for deployment of this technology, which has the potential to significantly lower the cost of the entire petrolithium process.
With high energy density that makes them ideal for use in portable equipment, rechargeable lithium-ion batteries are used mostly in electronics such as laptops, mobile phones, gaming equipment, etc. The largest industrial consumer of lithium in this sector is Panasonic Corporation (OTC: PCRFY), which manufactures a wide range of electronics powered by rechargeable batteries. The growing popularity of electric vehicles has made the automotive industry another large consumer of lithium, with Tesla (TSLA) the main driving force in this particular segment. Tesla is producing a wide range of electric vehicles and also has plans to start manufacturing its own lithium-ion batteries, in collaboration with Panasonic. According to an Allied Market Research report (http://nnw.fm/b5eTY), the global lithium-ion battery market is expected to continue expanding at a compound annual growth rate of 10.8 percent and reach $46.21 billion by 2022. This is obviously positive news for the lithium mining market, as both lithium prices and well-positioned associated mining companies are likely to continue growing.
Arguably the largest lithium producer in the world at the moment is Albermarle (ALB), a specialty chemical company whose portfolio also includes bromine specialties, refining catalysts, fine chemistry services and more. Based in Charlotte, North Carolina, Albermarle became a lithium superpower after acquiring Rockwood Holdings in January 2015, which gave it control over about 35 percent of the world’s lithium market. It is estimated that the company’s lithium sales were about $508.8 million in 2015, considerably higher than what other industry players reported. Albermarle extracts its lithium from three primary sources: Silver Peak, Nevada; Salar de Atacama, Chile, and a 49 percent stake in Talison Lithium’s hard-rock Greenbushes mine in Australia. The company recently announced plans to expand operations at Greenbushes and more than double the production of lithium carbonate there from 80,000 metric tons to over 160,000 metric tons per year.
With a strong global presence in various industries and applications, Sociedad QuÃmica y Minera de Chile S.A. (SQM) is currently the second largest lithium producer in the world, holding about 22 percent of the market. Although the Chile-based company faced some challenges in 2015, including being part of a broader corruption scandal in the country, its lithium revenue business continued to grow, generating revenues of more than $223 million. The same trend continued in the first half of 2016, when SQM reported a 92.1 percent increase in its lithium and derivatives business revenue. The company extracts its lithium from underground brine at Chile’s Atacama Salt Desert. Last year, SQM partnered with Lithium Americas Corp. (OTC: LACDF) to develop a lithium project in Jujuy, Argentina – the company’s first lithium production investment outside Chile.
Often listed as the third largest player in the industry alongside Albemarle and SQM, FMC Corporation (FMC) had lithium segment revenues of $238 million in 2015, and reported an 11.5 percent increase in the first six months of 2016. The company extracts its lithium from its own source, the Salar del Hombre Muerto in Argentina, and also runs its own processing and production facilities where it refined lithium carbonate obtained from lithium chloride into other products such as lithium hydroxide, lithium metals, hypochloride and bromide. FMC Corporation has a proprietary brine extraction technique that reportedly generates the highest-purity lithium available in the entire industry. Met with growing demand, the company is looking to diversify its supply sources and has recently signed a long-term supply agreement with Nemaska Lithium, Inc., under which the Canadian company will provide FMC with 8,000 metric tons of lithium carbonate a year.
Another important, although smaller lithium producer is Australia’s Galaxy Resources Limited (GALXF), with extraction projects in Argentina, Canada and Western Australia. Anticipating a growing demand for the mineral, the company is positioning itself to become a key supplier of high-quality lithium by continuing to develop and expand its current assets. Galaxy Resources Limited owns and recently commenced operations at Western Australia’s Mt Cattlin Spodumene Mine and Quebec, Canada’s James Bay Lithium Pegmatite Project. In addition, the company is expanding operations at Argentina’s Sal de Vida project located in the so-called Lithium Triangle, which accounts for approximately 60 percent of the world’s lithium production.
The above companies, among others, are focused on addressing growing demand for lithium; however, there is another component to consider when exploring plays in this sector. Consider this: according to data from the U.S. Geological Survey, each year 20-30 billion barrels of brine are generated by oil and gas production operations, which is 70 times the volume of all liquid hazardous wastes generated in the United States. As such, the global oil industry is hungry for technology to cost-effectively treat oil wastewater in an environmentally friendly manner.
With its successful extraction of lithium from oil field brine, MGX Minerals has a first-mover advantage to answer the call for efficient wastewater treatment as well as meet the demand for lithium and its growing applications – an achievement that would benefit the environment, oil and gas producers around the world, and company shareholders. For solution providers like MGX Minerals, the potential here is incredible.
For more information on MGX please visit MGX Minerals or https://www.MGXminerals.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Monday, March 27, 2017
Net Element (NASDAQ: NETE) is at the Vanguard of Mobile Point-of-Sale Boom
Using mobile devices to make purchases is becoming commonplace. An estimated $37 billion in mobile transactions occurred in 2015, and that total is expected to explode to over $800 billion by 2019. User payments with mobile devices are expected to exceed 70 percent this year. Like the mobile phones and devices themselves, mobile transactions and payments will soon be ubiquitous.
First conceptualized in the 1990s, paying for transactions with mobile devices has now taken off as a convenient and beneficial option for both consumers and merchants. Consumers find it easier to ditch credit cards all together and rely solely on their phones for payments. Mobile point-of-sale transactions give merchants the ability to integrate loyalty and incentive programs into mobile payment applications, track customer trends and inventory, increase check-out speed and save money on credit card fees.
Net Element (NASDAQ: NETE) has been at the vanguard of facilitating this mobile point-of-sale boom, providing speed, security, accuracy, value-add, and the convenience of mobile transactions. Net Element owns and operates a global mobile payments and transactional processing provider, TOT Group. TOT Group companies include Aptito, Digital Provider, Restoactive, PayOnline and Unified Payments, which was named the fastest-growing private company in America in 2012 by Inc. Magazine.
Through its wholly-owned group of companies, Net Element prides itself on delivering tailored turnkey solutions that fit each merchant’s specific needs. The company’s online and offline payment capabilities allow merchants to transact business anywhere, any way, and at any time. Simultaneously, Net Element’s mobile payments and value-added transactional platforms deliver speed and convenience to mobile customers, giving them the ability to make purchases with just a few clicks on their mobile devices, and provide an alternative to cash payments.
Net Element delivers solutions for the complex web interactions triggered by each mobile point-of-sale transaction.
For more information, visit www.NetElement.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
First conceptualized in the 1990s, paying for transactions with mobile devices has now taken off as a convenient and beneficial option for both consumers and merchants. Consumers find it easier to ditch credit cards all together and rely solely on their phones for payments. Mobile point-of-sale transactions give merchants the ability to integrate loyalty and incentive programs into mobile payment applications, track customer trends and inventory, increase check-out speed and save money on credit card fees.
Net Element (NASDAQ: NETE) has been at the vanguard of facilitating this mobile point-of-sale boom, providing speed, security, accuracy, value-add, and the convenience of mobile transactions. Net Element owns and operates a global mobile payments and transactional processing provider, TOT Group. TOT Group companies include Aptito, Digital Provider, Restoactive, PayOnline and Unified Payments, which was named the fastest-growing private company in America in 2012 by Inc. Magazine.
Through its wholly-owned group of companies, Net Element prides itself on delivering tailored turnkey solutions that fit each merchant’s specific needs. The company’s online and offline payment capabilities allow merchants to transact business anywhere, any way, and at any time. Simultaneously, Net Element’s mobile payments and value-added transactional platforms deliver speed and convenience to mobile customers, giving them the ability to make purchases with just a few clicks on their mobile devices, and provide an alternative to cash payments.
Net Element delivers solutions for the complex web interactions triggered by each mobile point-of-sale transaction.
For more information, visit www.NetElement.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Moxian, Inc. (NASDAQ: MOXC) Sales Projected To Reach $62 Million in FY 2020 by SeeThruEquity Report
Moxian, Inc. (NASDAQ: MOXC) is poised to generate sales of greater than $62 million and a gross profit of more than $39 million in FY 2020, according to the SeeThruEquity research report on the company (http://nnw.fm/T6Aj4). Moxian is a China-based high-technology marketing company which has offered a beta no-charge platform in China’s large online-to-offline (O2O) market, a marketplace anticipated to grow to $48 billion in 1H2017, according to Moxian investor materials.
In the O2O market, online consumers are attracted to brick and mortar stores through various incentives. Moxian is expected to launch its paid Moxian+ platform this year. To the 75 million small- and medium-sized businesses in China, Moxian will offer its premium services for a fee. Services on its Moxian+ Business App would include access to analytics, hosting of online shops, targeted marketing, and the ability to host social sites with consumers. In its analysis of Moxian, SeeThruEquity reported that the company could achieve, in FY 2020, an estimated margin of almost 64% and a gross profit of $39.9 million on revenues of $62.5 million.
According to a 2015 study by China’s Ministry of Industry and Technology, China is the world’s largest mobile telephone marketplace, with 1.3 billion mobile users. Moxian will also offer its Moxian+ User App to individual consumers.
Paid premium subscriptions are key to Moxian’s future. The annual fees the company receives from each premium subscription ranges from $1,200-$2,000 annually. Additionally, Moxian would receive fees from every transaction and mobile advertisements, plus OEM and retail distribution license fees. SeeThruEquity has set a price of $4.50 per share for Moxian, based on the size of the O2O marketplace in China and Moxian’s aggressive plans for expansion. The company is currently based in Shenzhen, China, but is expanding into other metropolitan markets, such as Shanghai and Guangzhou.
SeeThruEquity noted that Moxian was uplisted to the Nasdaq Capital Market last year, after raising, in November 2016, some $8.5 million net in a public equity offering. However, the report noted that the company would require access to additional capital funding to finance its plans to expand and add more sales staff to sell the paid app. The company has plans to expand its sales staff to some 100 persons by the end of 2017.
For more information, refer to www.Moxian.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
In the O2O market, online consumers are attracted to brick and mortar stores through various incentives. Moxian is expected to launch its paid Moxian+ platform this year. To the 75 million small- and medium-sized businesses in China, Moxian will offer its premium services for a fee. Services on its Moxian+ Business App would include access to analytics, hosting of online shops, targeted marketing, and the ability to host social sites with consumers. In its analysis of Moxian, SeeThruEquity reported that the company could achieve, in FY 2020, an estimated margin of almost 64% and a gross profit of $39.9 million on revenues of $62.5 million.
According to a 2015 study by China’s Ministry of Industry and Technology, China is the world’s largest mobile telephone marketplace, with 1.3 billion mobile users. Moxian will also offer its Moxian+ User App to individual consumers.
Paid premium subscriptions are key to Moxian’s future. The annual fees the company receives from each premium subscription ranges from $1,200-$2,000 annually. Additionally, Moxian would receive fees from every transaction and mobile advertisements, plus OEM and retail distribution license fees. SeeThruEquity has set a price of $4.50 per share for Moxian, based on the size of the O2O marketplace in China and Moxian’s aggressive plans for expansion. The company is currently based in Shenzhen, China, but is expanding into other metropolitan markets, such as Shanghai and Guangzhou.
SeeThruEquity noted that Moxian was uplisted to the Nasdaq Capital Market last year, after raising, in November 2016, some $8.5 million net in a public equity offering. However, the report noted that the company would require access to additional capital funding to finance its plans to expand and add more sales staff to sell the paid app. The company has plans to expand its sales staff to some 100 persons by the end of 2017.
For more information, refer to www.Moxian.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Friday, March 24, 2017
Heat Biologics (NASDAQ: HTBX) at the Vanguard of a Paradigm Shift in Cancer Treatment
The human body is elegantly designed to heal itself, utilizing the immune system as its defense against various pathogens. Triggered by immune response signals, the immune system attacks and kills organisms and substances that invade body systems and cause disease. However, the immune system sometimes needs help in identifying and killing some invaders.
Cancer presents a complex and perplexing problem for effective immune system response, because it finds ways to hide from the immune system or block the immune system’s ability to battle against the disease. An important part of the immune system is its ability to differentiate between normal cells in the body and invaders. This differentiation allows the immune system to attack the invading cells while leaving normal cells alone. To achieve this, the immune system uses molecules on certain immune cells that need to be activated or inactivated to trigger an immune response. However, cancer cells can sometimes use these checkpoints to deceive the immune system and avoid being attacked. Newly developed drugs, known as checkpoint inhibitors, have shown some success in cancer treatments. However, a combination of checkpoint inhibitors and specific T cell-stimulating therapeutic vaccines indicates a much higher degree of efficacy.
Heat Biologics (NASDAQ: HTBX) is at the vanguard of this shift in cancer treatments, developing novel therapeutic vaccines to activate the immune system against a wide range of cancers. When antigens enter the body, they stimulate the immune system to produce antibodies in response to these foreign substances. Heat Biologics exploits this natural process to elicit a powerful immune response against the disease target. The company’s therapeutic vaccines are based on heat shock protein gp-96, a protein that activates the immune system when cells die. This protein is attached to the cell by what’s called a KDEL leash. Heat Biologic’s vaccines remove this leash and cause cells to continuously secrete gp96 and its chaperoned antigens to activate the immune system.
Heat Biologics recently announced the latest results of its ongoing phase 2 clinical trial in combination with Bristol-Myers Squibb’s checkpoint inhibitor. Researchers reported a strong correlation between T cell activation, tumor reductions, and increased overall survival in the patients evaluated. Patients with a sustained immune response also exhibited substantial tumor reductions. It appears the combination of Heat Biologics’ vaccine and checkpoint inhibitors may become an attractive therapeutic approach treating cancers.
For more information, please visit www.HeatBio.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Cancer presents a complex and perplexing problem for effective immune system response, because it finds ways to hide from the immune system or block the immune system’s ability to battle against the disease. An important part of the immune system is its ability to differentiate between normal cells in the body and invaders. This differentiation allows the immune system to attack the invading cells while leaving normal cells alone. To achieve this, the immune system uses molecules on certain immune cells that need to be activated or inactivated to trigger an immune response. However, cancer cells can sometimes use these checkpoints to deceive the immune system and avoid being attacked. Newly developed drugs, known as checkpoint inhibitors, have shown some success in cancer treatments. However, a combination of checkpoint inhibitors and specific T cell-stimulating therapeutic vaccines indicates a much higher degree of efficacy.
Heat Biologics (NASDAQ: HTBX) is at the vanguard of this shift in cancer treatments, developing novel therapeutic vaccines to activate the immune system against a wide range of cancers. When antigens enter the body, they stimulate the immune system to produce antibodies in response to these foreign substances. Heat Biologics exploits this natural process to elicit a powerful immune response against the disease target. The company’s therapeutic vaccines are based on heat shock protein gp-96, a protein that activates the immune system when cells die. This protein is attached to the cell by what’s called a KDEL leash. Heat Biologic’s vaccines remove this leash and cause cells to continuously secrete gp96 and its chaperoned antigens to activate the immune system.
Heat Biologics recently announced the latest results of its ongoing phase 2 clinical trial in combination with Bristol-Myers Squibb’s checkpoint inhibitor. Researchers reported a strong correlation between T cell activation, tumor reductions, and increased overall survival in the patients evaluated. Patients with a sustained immune response also exhibited substantial tumor reductions. It appears the combination of Heat Biologics’ vaccine and checkpoint inhibitors may become an attractive therapeutic approach treating cancers.
For more information, please visit www.HeatBio.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
CytoDyn Inc. (CYDY) Contributing to the Evolution of HIV Treatments
HIV, a virus that attacks the immune system to the point of destroying it if not treated correctly, remains a global epidemic. According to Healthline (http://nnw.fm/i9ptS), more than 34 million people have died from the disease since it was first discovered in 1981. Currently, there is no confirmed cure for HIV, but getting treated is extremely important for those wanting to live a normal life once diagnosed.
Although anyone infected with the virus should begin antiretroviral treatment as soon as possible, no matter what ethnicity, age, or gender, the fact is that more than half of those infected with HIV are not currently receiving treatment, often because access to treatment is unavailable.
Treatment is important to stop the virus from spreading further. It has now been proven that HIV medication can reduce the chances of transmission to an HIV-negative partner by 96%. Not only this, the medication can also reduce chances of transmission to unborn children by 90%. The medication now developed is the best chance a person has for fighting HIV, and although there is no cure, many are able to live normal lives with the virus.
HIV treatments have evolved significantly over the years. Currently, the antiretroviral drugs approved by the U.S. Food and Drug Administration (FDA) are distinguished into four classes: Reverse Transcriptase (RT) inhibitors, Protease Inhibitors (PIs), entry or fusion inhibitors, and integrase inhibitors. To avoid the mutation of HIV cells and the resistance to single therapies, many doctors prescribe multidrug combination therapy.
CytoDyn Inc. (OTCQB: CYDY), a company committed to enhancing the lives of people with HIV, has been focusing its efforts on developing new therapies that provide flexibility and freedom to those living with the virus.
Its lead product, PRO 140, belongs to a new class of HIV therapeutics that is expected to protect healthy cells from the infection. The drug is different from many other therapies as it is not a synthetic drug and therefore has no visible issues with toxicity and side effects. In addition to the above, the studies undertaken on PRO 140 show that it does not induce the development of resistant viruses.
PRO 140 is currently one of the most advanced experimental monoclonal antibodies for HIV treatment, and CYDY believes that it will be beneficial to patients with complicating issues, such as those with single or multi-drug resistant viruses or those who have difficulty sticking to a daily drug regimen, as well as those who can’t tolerate the current therapies available due to side effects and toxicity or those with compromised organ function or complex medical requirements.
PRO 140 is currently undergoing two concurrent Phase 3 clinical trials.
For more information, visit www.CytoDyn.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Although anyone infected with the virus should begin antiretroviral treatment as soon as possible, no matter what ethnicity, age, or gender, the fact is that more than half of those infected with HIV are not currently receiving treatment, often because access to treatment is unavailable.
Treatment is important to stop the virus from spreading further. It has now been proven that HIV medication can reduce the chances of transmission to an HIV-negative partner by 96%. Not only this, the medication can also reduce chances of transmission to unborn children by 90%. The medication now developed is the best chance a person has for fighting HIV, and although there is no cure, many are able to live normal lives with the virus.
HIV treatments have evolved significantly over the years. Currently, the antiretroviral drugs approved by the U.S. Food and Drug Administration (FDA) are distinguished into four classes: Reverse Transcriptase (RT) inhibitors, Protease Inhibitors (PIs), entry or fusion inhibitors, and integrase inhibitors. To avoid the mutation of HIV cells and the resistance to single therapies, many doctors prescribe multidrug combination therapy.
CytoDyn Inc. (OTCQB: CYDY), a company committed to enhancing the lives of people with HIV, has been focusing its efforts on developing new therapies that provide flexibility and freedom to those living with the virus.
Its lead product, PRO 140, belongs to a new class of HIV therapeutics that is expected to protect healthy cells from the infection. The drug is different from many other therapies as it is not a synthetic drug and therefore has no visible issues with toxicity and side effects. In addition to the above, the studies undertaken on PRO 140 show that it does not induce the development of resistant viruses.
PRO 140 is currently one of the most advanced experimental monoclonal antibodies for HIV treatment, and CYDY believes that it will be beneficial to patients with complicating issues, such as those with single or multi-drug resistant viruses or those who have difficulty sticking to a daily drug regimen, as well as those who can’t tolerate the current therapies available due to side effects and toxicity or those with compromised organ function or complex medical requirements.
PRO 140 is currently undergoing two concurrent Phase 3 clinical trials.
For more information, visit www.CytoDyn.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Thursday, March 23, 2017
ChineseInvestors.com, Inc. (CIIX) Set to Open California Retail Store, Launches XiBiDi Biotechnology in China
ChineseInvestors.com, Inc. (OTCQB: CIIX) is planning to open a retail store in San Gabriel, California, the same city in which the company is headquartered. The company also recently announced its new online cannabidiol (CBD) oil retail store would be operated by its newly-launched XiBiDi Biotechnology Co., Ltd subsidiary, which is headquartered in the Pudong Free-Trade Area of Shanghai, China.
XiBiDi Biotechnology will focus on the online and offline sales of health products, including a range of hemp-derived food and beverages. In a news release, Warren Wang, founder and CEO of CIIX, said he was delighted with the registration and establishment of CIIX’s new hemp company. The registration is expected to be finalized by the end of March 2017.
“XiBiDi is strategically located in the Pudong Free-Trade Area of Shanghai, China, where we have the opportunity to reach a consumer base of nearly 1.4 million people,” Wang said. “We believe that this large population affords XiBiDi an outstanding opportunity to be the provider of choice for natural hemp products.”
CIIX previously opened the world’s first online CBD product store in the Chinese language, www.ChineseCBDoil.com, in the Industrial Building of Shanghai. It will sell CBD products, which are non-toxic and non-addictive. CBD is extracted from cannabis in the form of a natural concentrate. It is thought to have value in treating epilepsy, Alzheimer’s disease, and cirrhosis of the liver, as well as in easing the impact of the neurodegenerative disease ALS, or Lou Gehrig’s disease.
“CIIX is very excited to be the world’s first U.S. publicly traded company promoting hemp-based CBD health products and hemp foods that will help Chinese people improve their overall health,” noted Wang.
For more information, visit the company’s website at www.ChineseInvestors.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
XiBiDi Biotechnology will focus on the online and offline sales of health products, including a range of hemp-derived food and beverages. In a news release, Warren Wang, founder and CEO of CIIX, said he was delighted with the registration and establishment of CIIX’s new hemp company. The registration is expected to be finalized by the end of March 2017.
“XiBiDi is strategically located in the Pudong Free-Trade Area of Shanghai, China, where we have the opportunity to reach a consumer base of nearly 1.4 million people,” Wang said. “We believe that this large population affords XiBiDi an outstanding opportunity to be the provider of choice for natural hemp products.”
CIIX previously opened the world’s first online CBD product store in the Chinese language, www.ChineseCBDoil.com, in the Industrial Building of Shanghai. It will sell CBD products, which are non-toxic and non-addictive. CBD is extracted from cannabis in the form of a natural concentrate. It is thought to have value in treating epilepsy, Alzheimer’s disease, and cirrhosis of the liver, as well as in easing the impact of the neurodegenerative disease ALS, or Lou Gehrig’s disease.
“CIIX is very excited to be the world’s first U.S. publicly traded company promoting hemp-based CBD health products and hemp foods that will help Chinese people improve their overall health,” noted Wang.
For more information, visit the company’s website at www.ChineseInvestors.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
ProBility Media Corp. (PBYA) is Bringing Back American Jobs with Technical Training
Data released by the Bureau of Labor Statistics (BLS) show that the unemployment rate (http://nnw.fm/oBN8x) in February 2017 was 4.7%, around the lowest it has been since the financial crisis. The Bureau is also projecting a benign environment in the coming years for the skilled trades, but those blue-collar jobs of the future won’t be quite the same as the ones held by our fathers and uncles. To get and keep them will require training, the kind offered by Houston, Texas-based educational technology company ProBility Media Corp. (OTCQB: PBYA), which is out to develop the first full service training and career advancement brand for technical vocations and trades.
For the foreseeable future, the need for electricians, plumbers and HVAC (heating, ventilation & air-conditioning) technicians will remain, according to BLS statistics (http://nnw.fm/XvwN7), and employment in these skilled trades will continue to grow. In the decade to 2024, we will need about 29 percent more electricians than we have now. About half of this demand will be driven by population growth; the rest will result from the places left by retirees.
The job markets for plumbers and HVAC tradesmen present similar prospects. The U.S. will need about 25 percent more plumbers and around 29 percent more HVAC tradesmen than it now has.
But nobody wants a plumber that leaves a leaky pipe, which is where ProBility and its suite of educational products come in. ProBility has positioned itself as a key industrial training resource for individuals, small- and medium-size businesses and enterprise customers, offering consistent, high-quality training services and materials for education, testing, and career advancement.
ProBility is the only company building the full spectrum of career training, advancement and compliance tools for tradesmen and technical experts in a wide variety of over 60 skilled professions. ProBility is executing a disruptive strategy of defragmenting the marketplace of thousands of disparate companies by acquiring companies in the areas of expertise and organically growing revenues through synergies.
Revenues for the year ended October 31, 2016, were $3.1 million, which represented a 45-percent increase over same period revenues for 2015. Revenues for the first quarter ended January 31, 2016, were $1,088,180, which represented a 24-percent year-over-year increase.
Currently, the ProBility portfolio includes the following divisions:
Brown Technical Media Corp. – An online web business with multiple micro websites featuring training materials and codes and standards sought by engineers, construction workers, scientists and other tradesmen in a wide variety of fields
Brown Technical Publications – A proprietary publishing business generating copyrighted training materials for engineers, construction workers, scientists and other tradesmen in a wide variety of fields
1ExamPrep – E-Learning, education and exam preparation for contractors via the cheapest, fastest and most effective exam prep school in the industry instituting a 4-point proven learning system
National Electrical Wholesale Providers – In the business of distributing wholesale industrial, commercial and residential training materials, including those relating to HVAC, plumbing and electrical
For more information, visit the company’s website at www.ProBilityMedia.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
For the foreseeable future, the need for electricians, plumbers and HVAC (heating, ventilation & air-conditioning) technicians will remain, according to BLS statistics (http://nnw.fm/XvwN7), and employment in these skilled trades will continue to grow. In the decade to 2024, we will need about 29 percent more electricians than we have now. About half of this demand will be driven by population growth; the rest will result from the places left by retirees.
The job markets for plumbers and HVAC tradesmen present similar prospects. The U.S. will need about 25 percent more plumbers and around 29 percent more HVAC tradesmen than it now has.
But nobody wants a plumber that leaves a leaky pipe, which is where ProBility and its suite of educational products come in. ProBility has positioned itself as a key industrial training resource for individuals, small- and medium-size businesses and enterprise customers, offering consistent, high-quality training services and materials for education, testing, and career advancement.
ProBility is the only company building the full spectrum of career training, advancement and compliance tools for tradesmen and technical experts in a wide variety of over 60 skilled professions. ProBility is executing a disruptive strategy of defragmenting the marketplace of thousands of disparate companies by acquiring companies in the areas of expertise and organically growing revenues through synergies.
Revenues for the year ended October 31, 2016, were $3.1 million, which represented a 45-percent increase over same period revenues for 2015. Revenues for the first quarter ended January 31, 2016, were $1,088,180, which represented a 24-percent year-over-year increase.
Currently, the ProBility portfolio includes the following divisions:
Brown Technical Media Corp. – An online web business with multiple micro websites featuring training materials and codes and standards sought by engineers, construction workers, scientists and other tradesmen in a wide variety of fields
Brown Technical Publications – A proprietary publishing business generating copyrighted training materials for engineers, construction workers, scientists and other tradesmen in a wide variety of fields
1ExamPrep – E-Learning, education and exam preparation for contractors via the cheapest, fastest and most effective exam prep school in the industry instituting a 4-point proven learning system
National Electrical Wholesale Providers – In the business of distributing wholesale industrial, commercial and residential training materials, including those relating to HVAC, plumbing and electrical
For more information, visit the company’s website at www.ProBilityMedia.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Subscribe to:
Posts (Atom)