Green Stocks Keep Chugging Along
NetworkNewsWire News Coverage: Now that the Dow has rallied above 20,000 for the first time, we can step back and review the landscape. Few should be surprised that several infrastructure stocks have been the beneficiary of the new Administration’s policies. Conversely, the conventional wisdom was that we should forget green stocks for the next four to eight years, especially with President Trump nominating ExxonMobil (NYSE: XOM) CEO Rex Tillerson to be his Secretary of State. It’s worth taking a look at a variety of equities – such as Source Financial, Inc. (OTCQX: SRCF), Tesla Motors’ (NASDAQ: TSLA) and Methanex Corp. (NASDAQ: MEOH) – to see how they fit into the current playing field.
However, that’s not playing out as expected. In fact, the green sector has some of the best performers since the election, and the recent announcement that Source Financial, Inc. and CSES Group, Inc. are entering a merger transaction to bring CSES’s proprietary refrigerant technology, alltemp, to market, is well-timed.
In addition to being the world’s first Montreal and Kyoto Protocol compliant refrigerant, alltemp delivers impressive energy consumption savings, without any loss in capacity, according to tests conducted in several Fortune 500 company facilities.
CSES plans on increasing manufacturing capacity of alltemp to $100 million per month at its plant in Oregon.
The green sector rally really shouldn’t have caught anybody off guard. After all, one of the high-profile meetings that the Trump transition team hosted at Trump Tower was with Leonardo DiCaprio and Terry Tamminen, the CEO of the Leonardo DiCaprio Foundation, to discuss the importance of green sector jobs and how the sector boosts the economy.
Tamminen stated, “Our conversation focused on how to create millions of secure, American jobs in the construction and operation of commercial and residential clean, renewable energy generation.”
The Trump Administration also hosted Elon Musk, who reportedly stated that the Trump Administration may “be positive on renewables,” and appointed Tesla Motors’ front man to President Trump’s Strategic and Policy forum.
Morgan Stanley analyst Adam Jonas made the following comment concerning Musk’s appointment, “While we cannot explicitly apply a monetary value to this relationship, we believe this level of coordination with the new administration could actually evolve into greater strategic value than with the prior administration.”
Jonas also believes that the relationship could send Tesla (NASDAQ: TSLA) shares 30% higher this year, and said, “To the extent the creation of high-tech manufacturing jobs in the United States is a high priority of the administration, we believe Mr. Musk might have some objectives that could be very much in alignment with those of the Trump administration.”
On top of boosting the “Made in America” agenda, as the green technologies and renewables sector could become a prime employment driver in the U.S., this also points to President Trump’s belief in smart ecology, where green technologies should be able to compete, and win, on other merits.
In other words, the Trump Administration could help boost environmental technologies, which see massive demand increases with higher energy prices.
Ultimately, the green space products must be compelling without any incentives or subsidies. The space will succeed because the products are becoming more affordable and captivating by the day, with or without government incentives.
The environmental, renewable and alternative fuel space is much more than just Tesla. Among top-moving green sector players is the U.S. Alternative Fuel Index, the second-best performing industry over the past month, led by Methanex Corp (NASDAQ: MEOH)., which just reported record quarterly and annual production, as well as the third consecutive quarter of record sales volume. Methanex’s board of directors also declared a quarterly dividend of $0.275 per share that will be payable March 31, 2017, to holders of common shares of record March 17, 2017.
ExxonMobil’s (NYSE: XOM) board of directors also declared a cash dividend last week, but at $0.75 per share on the common stock, payable March 10, 2017, to shareholders of record of common stock at the close of business February 10, 2017. ExxonMobil will release its fourth quarter and full year 2016 financial results January 31.
For more information, please visit: Source Financial, Inc. (SRCF)
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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Tuesday, January 31, 2017
How will Time’s Adelphic acquisition affect the Ad Tech Industry?
Time’s Adelphic acquisition may signal the beginning of a new Ad Tech arms race
Companies mentioned in this article: Time, Inc. (NYSE: TIME), Social Reality, Inc. (NASDAQ: SRAX), Adobe Systems, Inc. (NASDAQ: ADBE), Facebook (NASDAQ: FB), Alphabet (NASDAQ: GOOG) and Yahoo (NASDAQ: YHOO)
When Time, Inc. (NYSE: TIME) acquired Viant, a data-centric marketing company, last year, many observers wondered just how it planned on monetizing the 1 billion, plus, strong registered user database, but its recently announced plans to acquire Adelphic just filled in the gaps.
Adelphic is an innovative demand-side platform (DSP) cross-channel programmatic advertising platform provider, which includes self-service media planning and execution tools.
The plan is to create the industry’s first “people-based demand-side platform” by strengthening Adelphic’s self-service programmatic proficiencies with Viant’s people-based offerings and, in this case, it just happens that this DSP is able to reach more than 1 billion global shoppers.
Programmatic digital advertising is projected to continue its rapid growth rate, which, according to eMarketer, should account for more than 70 percent of digital advertising.
The growth trends have benefited other companies, like Social Reality, Inc. (NASDAQ: SRAX), an Internet advertising and technology platform that provides tools to automate the digital advertising market, which just released certain preliminary unaudited operating results, as well as updated its 2016 and 2017 guidance.
Social Reality revamped their model, last year, to increase higher margin customer exposure and focus sales efforts on new products to attract advertisers with greater long term profitability potential. The strategic shift initially reduced revenues, between the second and fourth quarters of 2016, by moving away from some of its SRAX buy-side clients who historically generated low gross margin, but revenues are already trending back towards historical averages.
By providing greater value to SRAX sell-side and SRAXmd clients, Social Reality grew their unaudited fourth quarter 2016 gross revenues to $11.5 million, a 41% increase over the 2015 same quarter and a 20% increase over the previous quarter, resulting in unaudited gross profit of $4.7 million, an 86% increase over the third quarter of 2016.
Additionally, Social Reality announced a successful $4 million equity offering, in January 2017, which they used to repay all its senior secured debt. Plus, its SRAXmd product line, the Company’s healthcare-focused programmatic RTB exchange that allows pharma brands and publishers of medical content to create custom exchanges that invite specific advertisers to bid on inventory on their sites, experienced record activity, with unaudited sales up 115% in 2016 and January 2017 accrued bookings up over 100%.
Social Reality’s management expects 2017 total revenues to reach the $45-$50 million range, resulting in $2-$5 million adjusted EBITDA. The greater long term profitability potential is a central reason that a ROTH Capital Partners’ analyst raised Social Reality’s EPS projections from $0.27 to $0.57 and placed a $9.25 price target on Social Reality.
It seem that the recent slew of deals was kick started, in 2016, by a number of Chinese companies buying up ad tech properties, like the purchase of Media.net, last August, by a group of Chinese investors for $900 million in cash.
Time’s Adelphic acquisition follows Adobe Systems’ (NASDAQ: ADBE) purchase of TubeMogul, for $540 million, announced in August 2016 and closed in December. According to their press release, “Adobe’s acquisition of TubeMogul will create the first end-to-end independent advertising and data management solution that spans TV and digital formats, simplifying what has been a complex and fragmented process for the world’s biggest brands.”
We’re still a far cry from the number of high profile deals in 2014, like Facebook’s (NASDAQ: FB) acquisition of LiveRail for a reported $400 million, Google’s (NASDAQ: GOOG) Adometry and Spider.io acquisitions, as well as Yahoo (NASDAQ: YHOO) acquiring BrightRoll for $640 million and Flurry for $200 million, but the Adelphic deal may help to usher in the next as tech consolidation move.
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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Companies mentioned in this article: Time, Inc. (NYSE: TIME), Social Reality, Inc. (NASDAQ: SRAX), Adobe Systems, Inc. (NASDAQ: ADBE), Facebook (NASDAQ: FB), Alphabet (NASDAQ: GOOG) and Yahoo (NASDAQ: YHOO)
When Time, Inc. (NYSE: TIME) acquired Viant, a data-centric marketing company, last year, many observers wondered just how it planned on monetizing the 1 billion, plus, strong registered user database, but its recently announced plans to acquire Adelphic just filled in the gaps.
Adelphic is an innovative demand-side platform (DSP) cross-channel programmatic advertising platform provider, which includes self-service media planning and execution tools.
The plan is to create the industry’s first “people-based demand-side platform” by strengthening Adelphic’s self-service programmatic proficiencies with Viant’s people-based offerings and, in this case, it just happens that this DSP is able to reach more than 1 billion global shoppers.
Programmatic digital advertising is projected to continue its rapid growth rate, which, according to eMarketer, should account for more than 70 percent of digital advertising.
The growth trends have benefited other companies, like Social Reality, Inc. (NASDAQ: SRAX), an Internet advertising and technology platform that provides tools to automate the digital advertising market, which just released certain preliminary unaudited operating results, as well as updated its 2016 and 2017 guidance.
Social Reality revamped their model, last year, to increase higher margin customer exposure and focus sales efforts on new products to attract advertisers with greater long term profitability potential. The strategic shift initially reduced revenues, between the second and fourth quarters of 2016, by moving away from some of its SRAX buy-side clients who historically generated low gross margin, but revenues are already trending back towards historical averages.
By providing greater value to SRAX sell-side and SRAXmd clients, Social Reality grew their unaudited fourth quarter 2016 gross revenues to $11.5 million, a 41% increase over the 2015 same quarter and a 20% increase over the previous quarter, resulting in unaudited gross profit of $4.7 million, an 86% increase over the third quarter of 2016.
Additionally, Social Reality announced a successful $4 million equity offering, in January 2017, which they used to repay all its senior secured debt. Plus, its SRAXmd product line, the Company’s healthcare-focused programmatic RTB exchange that allows pharma brands and publishers of medical content to create custom exchanges that invite specific advertisers to bid on inventory on their sites, experienced record activity, with unaudited sales up 115% in 2016 and January 2017 accrued bookings up over 100%.
Social Reality’s management expects 2017 total revenues to reach the $45-$50 million range, resulting in $2-$5 million adjusted EBITDA. The greater long term profitability potential is a central reason that a ROTH Capital Partners’ analyst raised Social Reality’s EPS projections from $0.27 to $0.57 and placed a $9.25 price target on Social Reality.
It seem that the recent slew of deals was kick started, in 2016, by a number of Chinese companies buying up ad tech properties, like the purchase of Media.net, last August, by a group of Chinese investors for $900 million in cash.
Time’s Adelphic acquisition follows Adobe Systems’ (NASDAQ: ADBE) purchase of TubeMogul, for $540 million, announced in August 2016 and closed in December. According to their press release, “Adobe’s acquisition of TubeMogul will create the first end-to-end independent advertising and data management solution that spans TV and digital formats, simplifying what has been a complex and fragmented process for the world’s biggest brands.”
We’re still a far cry from the number of high profile deals in 2014, like Facebook’s (NASDAQ: FB) acquisition of LiveRail for a reported $400 million, Google’s (NASDAQ: GOOG) Adometry and Spider.io acquisitions, as well as Yahoo (NASDAQ: YHOO) acquiring BrightRoll for $640 million and Flurry for $200 million, but the Adelphic deal may help to usher in the next as tech consolidation move.
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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
NetworkNewsWire Provides Real-time Coverage of NobleCon13 Investor Conference
NetworkNewsWire (“NNW”) is providing real-time coverage of Noble Financial’s ongoing 13th Annual Small Cap & Emerging Growth Investor Conference, NobleCon13.
Taking place January 30-31 in Boca Raton, Florida, NobleCon13 provides a forum where public and private emerging growth companies from a wide array of industries can meet with fund managers and high net worth investors who focus on small-cap equities.
As a multifaceted financial news and publishing company, NNW is leveraging its vast distribution capabilities to provide a brief business overview on each publicly traded company as it takes the stage to present to attending investors.
To view the list of presenters, visit: http://nnw.fm/NobleCon13
NNW’s social communication solutions, news aggregation and syndication capabilities, and enhanced news release services are designed specifically to help public and private organizations find their voice and build market visibility. Using social media and a rapidly expanding distribution network of more than 5,000 key syndication outlets, NNW is able to reach vast audiences across the United States.
Communication is the core of NNW’s business model, and we are pleased to deploy our strategies to provide the investment community with real-time updates throughout NobleCon13, and provide each presenting company an extended measure of exposure to investors who are not able to attend the conference.
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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Taking place January 30-31 in Boca Raton, Florida, NobleCon13 provides a forum where public and private emerging growth companies from a wide array of industries can meet with fund managers and high net worth investors who focus on small-cap equities.
As a multifaceted financial news and publishing company, NNW is leveraging its vast distribution capabilities to provide a brief business overview on each publicly traded company as it takes the stage to present to attending investors.
To view the list of presenters, visit: http://nnw.fm/NobleCon13
NNW’s social communication solutions, news aggregation and syndication capabilities, and enhanced news release services are designed specifically to help public and private organizations find their voice and build market visibility. Using social media and a rapidly expanding distribution network of more than 5,000 key syndication outlets, NNW is able to reach vast audiences across the United States.
Communication is the core of NNW’s business model, and we are pleased to deploy our strategies to provide the investment community with real-time updates throughout NobleCon13, and provide each presenting company an extended measure of exposure to investors who are not able to attend the conference.
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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
ChineseInvestors.com, Inc. (CIIX) CEO Set to Present at NobleCon13
Premier financial information company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced that CEO Warren Wang will be presenting at NobleCon13 on Tuesday, January 31, 2017, at 2:30 PM Eastern Time. The conference, which is currently underway at the Boca Raton Resort & Club in Boca Raton, Florida, is hosted by Noble Capital Markets and focuses on emerging growth companies with less than $2 billion in market capitalization.
For interested investors who are unable to attend NobleCon13, CIIX plans to make a high-definition video webcast of its presentation, as well as a copy of the presentation materials, available on its website at www.ChineseInvestors.com. The CIIX presentation will also be available as part of the complete catalog of NobleCon13 presentations at www.NobleConference.com.
In recent weeks, ChineseInvestors.com has given prospective shareholders plenty of reason for excitement, as the company continues to prepare for its entry into the thriving global cannabidiol (CBD) market. In December, CIIX announced a new wholesale agreement that will enable the company to retail a line of nutritional supplements containing CBD to the Asian market through both online and in-store sales. Shortly after this update, ChineseInvestors.com unveiled the new headquarters of its www.ChineseCBDoil.com operations in Shanghai, China. Upon launch, the new site is expected to be the world’s first CBD health products online store available in the Chinese language, giving CIIX access to an expansive global market.
“China has a consumer base of nearly 2 billion people and this large population affords an outstanding opportunity to be the provider of choice for CBD oil products to them,” Warren Wang, founder and CEO of CIIX, stated in a recent news release. “CIIX is very excited to be the world’s first listed Chinese company promoting CBD health products that will help Chinese people improve their health status.”
Much like the wider legal cannabis industry, the global market for CBD is expected to experience a period of rapid growth in the coming years. While global statistics are difficult to come by in the face of evolving legislation, the U.S. market could give some insight into international demand. Hemp Business Journal, a market research firm focused on the burgeoning U.S. hemp industry, recently forecast that consumer sales of CBD products in the U.S. could climb to $2.1 billion by 2020, representing an increase of 700 percent from 2016.
For more information, visit 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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
For interested investors who are unable to attend NobleCon13, CIIX plans to make a high-definition video webcast of its presentation, as well as a copy of the presentation materials, available on its website at www.ChineseInvestors.com. The CIIX presentation will also be available as part of the complete catalog of NobleCon13 presentations at www.NobleConference.com.
In recent weeks, ChineseInvestors.com has given prospective shareholders plenty of reason for excitement, as the company continues to prepare for its entry into the thriving global cannabidiol (CBD) market. In December, CIIX announced a new wholesale agreement that will enable the company to retail a line of nutritional supplements containing CBD to the Asian market through both online and in-store sales. Shortly after this update, ChineseInvestors.com unveiled the new headquarters of its www.ChineseCBDoil.com operations in Shanghai, China. Upon launch, the new site is expected to be the world’s first CBD health products online store available in the Chinese language, giving CIIX access to an expansive global market.
“China has a consumer base of nearly 2 billion people and this large population affords an outstanding opportunity to be the provider of choice for CBD oil products to them,” Warren Wang, founder and CEO of CIIX, stated in a recent news release. “CIIX is very excited to be the world’s first listed Chinese company promoting CBD health products that will help Chinese people improve their health status.”
Much like the wider legal cannabis industry, the global market for CBD is expected to experience a period of rapid growth in the coming years. While global statistics are difficult to come by in the face of evolving legislation, the U.S. market could give some insight into international demand. Hemp Business Journal, a market research firm focused on the burgeoning U.S. hemp industry, recently forecast that consumer sales of CBD products in the U.S. could climb to $2.1 billion by 2020, representing an increase of 700 percent from 2016.
For more information, visit 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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Monday, January 30, 2017
Singlepoint, Inc. (SING) CEO Discusses Cannabis Industry Game Plan in Interview with CFN Media Group
Before the opening bell, CFN Media Group, the leading creative agency and digital media network dedicated to legal cannabis, announced the release of an exclusive interview with Singlepoint, Inc. (OTC: SING) CEO Greg Lambrecht. In the interview, Lambrecht takes a look at the current state of the legal cannabis industry, particularly as it relates to banking, which is an area that Singlepoint is currently targeting through its SingleSeed subsidiary. In addition to providing some insight into the company’s early-mover advantage in the burgeoning market, Lambrecht used the interview to offer prospective investors some additional insight into Singlepoint’s strategy to capitalize on proposed reform to the regulations that are currently impeding the use of banking services for the legal cannabis industry.
To view the full interview, visit http://nnw.fm/0vWi1
The legal cannabis industry is expected to record tremendous growth in the coming months, driven primarily by California and the three other states that voted to legalize the substance for recreational purposes last November. According to Cowen & Co., the industry could record revenues in excess of $50 billion by 2026, creating a lucrative opportunity for companies operating in the space.
Despite the fact that well over half of all states have now legalized marijuana in some form, the drug remains illegal at the federal level. This inconsistency has caused most commercial banks around the country to keep their distance. Since the last guidelines from the Financial Crimes Enforcement Network (FinCEN) were released in 2014, less than three percent of the nearly 12,000 federally regulated banks and credit unions have made the decision to serve the cannabis industry.
In recent weeks, lawmakers have initiated a movement to correct this oversight. Massachusetts Senator Elizabeth Warren, in concert with nine other U.S. senators, recently penned a letter to FinCEN calling for improved guidelines that could help correct the ‘cash-only’ modus operandi that’s currently in play for the vast majority of legal cannabis businesses. Warren noted a variety of potential benefits that could stem from this reform, including more reliable tax records and improved all-around safety for dispensaries and similar operations.
Singlepoint, through its SingleSeed subsidiary, is primed to capitalize on this proposed reform. The company initially recognized the enormous potential for cannabis credit card processing years ago, when it placed cashless ATMs at roughly 200 medical and recreational dispensaries in Colorado and Washington. Unfortunately, regulatory red tape forced Singlepoint to temporarily suspend those operations, but the company’s growing list of interested clients in the space could create a tremendous opportunity if and when lawmakers address the cannabis banking problem.
In preparation for anticipated reform, Singlepoint has already launched SingleSeed.com in an effort to expand its existing customer base in the cannabis industry. The company recently launched a connect-by-text marketing platform for cannabis businesses that allows them to seamlessly communicate with customers in a way that doesn’t run afoul of strict cannabis marketing regulations. These efforts, when combined with Singlepoint’s aggressive acquisition strategy, played a key role in CFN Media Group’s classification of the company as a “compelling opportunity within the cannabis payments space.”
For more information, visit 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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
To view the full interview, visit http://nnw.fm/0vWi1
The legal cannabis industry is expected to record tremendous growth in the coming months, driven primarily by California and the three other states that voted to legalize the substance for recreational purposes last November. According to Cowen & Co., the industry could record revenues in excess of $50 billion by 2026, creating a lucrative opportunity for companies operating in the space.
Despite the fact that well over half of all states have now legalized marijuana in some form, the drug remains illegal at the federal level. This inconsistency has caused most commercial banks around the country to keep their distance. Since the last guidelines from the Financial Crimes Enforcement Network (FinCEN) were released in 2014, less than three percent of the nearly 12,000 federally regulated banks and credit unions have made the decision to serve the cannabis industry.
In recent weeks, lawmakers have initiated a movement to correct this oversight. Massachusetts Senator Elizabeth Warren, in concert with nine other U.S. senators, recently penned a letter to FinCEN calling for improved guidelines that could help correct the ‘cash-only’ modus operandi that’s currently in play for the vast majority of legal cannabis businesses. Warren noted a variety of potential benefits that could stem from this reform, including more reliable tax records and improved all-around safety for dispensaries and similar operations.
Singlepoint, through its SingleSeed subsidiary, is primed to capitalize on this proposed reform. The company initially recognized the enormous potential for cannabis credit card processing years ago, when it placed cashless ATMs at roughly 200 medical and recreational dispensaries in Colorado and Washington. Unfortunately, regulatory red tape forced Singlepoint to temporarily suspend those operations, but the company’s growing list of interested clients in the space could create a tremendous opportunity if and when lawmakers address the cannabis banking problem.
In preparation for anticipated reform, Singlepoint has already launched SingleSeed.com in an effort to expand its existing customer base in the cannabis industry. The company recently launched a connect-by-text marketing platform for cannabis businesses that allows them to seamlessly communicate with customers in a way that doesn’t run afoul of strict cannabis marketing regulations. These efforts, when combined with Singlepoint’s aggressive acquisition strategy, played a key role in CFN Media Group’s classification of the company as a “compelling opportunity within the cannabis payments space.”
For more information, visit 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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Friday, January 27, 2017
Medical Transcription Billing, Corp. (NASDAQ: MTBC) Rewards Client Loyalty, Contribution to Company Growth with Free Stock
Leading provider of proprietary health care technologies Medical Transcription Billing, Corp. (NASDAQ: MTBC; MTBCP) had a successful 2016, by any definition: it launched a new product, it once again received the recognition it deserves for its unique innovative health care software solutions, and it continued to rapidly expand its client base via strategic acquisitions and organic growth.
As part of its efforts to gain more clients and acknowledge its most loyal customers, the company launched a unique Client Loyalty Program designed to recognize and reward all health organizations, practices and physicians who have made a significant contribution to its growth. This one-of-a-kind loyalty program, launched a few months ago, awards a specific number of free shares based on each health care institution or practice’s contribution to MTBC growth, whether that means using the company’s products and/or referring other practices. More specifically, health care providers who continue to use MTBC services successfully each receive 100 shares of publicly traded common stock. Those who refer other medical practices receive an additional 1,000 shares. In addition, physicians using MTBC’s services can also nominate one of their staff members to receive 25 additional shares. Participation is open to all clients, including new ones.
The program was well received by the company’s customers, as both an investment opportunity and as recognition of their value to MTBC’s business growth. Since its inception in September 2016, the program has already enabled 50 loyal clients to become MTBC shareholders. The initiative was praised by MTBC President Stephen Snyder, who said his company was the first health care IT provider to offer such a loyalty program and that the overwhelmingly positive feedback it received validates its customers’ confidence in the company, its business model and its overall services.
In addition to the new Client Loyalty Program, Medical Transcription Billing also expanded its client base via strong organic growth, adding a total of 76 new customers last year, 35 of which were added in the last quarter. The company also completed four major acquisitions, designed to contribute to its sustained growth both in terms of number of clients and business coverage. The largest of these four acquisitions and the largest of MTBC’s acquisitions to date was Texas-based MediGain, LLC, a medical billing company.
In the coming year, Medical Transcription Billing plans on developing more initiatives to reward loyal customers. It’s all part of the company’s overall mission to leverage proprietary technology and a global team of professionals to serve a wide range of health care customers, from individual physicians to medium-sized practices, now covering 40+ states. The company offers one of the most comprehensive, fully-integrated suites of revenue cycle solutions, practice management, and electronic health records in the industry. All of the company’s integrated core technologies are also available on mobile devices via the mHealth option. MTBC’s technologies, in particular its Electronic Health Records system, rely heavily on the proprietary ChartsPro™ software, a comprehensive tool designed to improve the productivity of any health care organization, whether it’s a small practice or a large hospital.
For more information, visit www.mtbc.com, and see the company’s fact sheet at http://ir.mtbc.com/events.cfm
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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
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As part of its efforts to gain more clients and acknowledge its most loyal customers, the company launched a unique Client Loyalty Program designed to recognize and reward all health organizations, practices and physicians who have made a significant contribution to its growth. This one-of-a-kind loyalty program, launched a few months ago, awards a specific number of free shares based on each health care institution or practice’s contribution to MTBC growth, whether that means using the company’s products and/or referring other practices. More specifically, health care providers who continue to use MTBC services successfully each receive 100 shares of publicly traded common stock. Those who refer other medical practices receive an additional 1,000 shares. In addition, physicians using MTBC’s services can also nominate one of their staff members to receive 25 additional shares. Participation is open to all clients, including new ones.
The program was well received by the company’s customers, as both an investment opportunity and as recognition of their value to MTBC’s business growth. Since its inception in September 2016, the program has already enabled 50 loyal clients to become MTBC shareholders. The initiative was praised by MTBC President Stephen Snyder, who said his company was the first health care IT provider to offer such a loyalty program and that the overwhelmingly positive feedback it received validates its customers’ confidence in the company, its business model and its overall services.
In addition to the new Client Loyalty Program, Medical Transcription Billing also expanded its client base via strong organic growth, adding a total of 76 new customers last year, 35 of which were added in the last quarter. The company also completed four major acquisitions, designed to contribute to its sustained growth both in terms of number of clients and business coverage. The largest of these four acquisitions and the largest of MTBC’s acquisitions to date was Texas-based MediGain, LLC, a medical billing company.
In the coming year, Medical Transcription Billing plans on developing more initiatives to reward loyal customers. It’s all part of the company’s overall mission to leverage proprietary technology and a global team of professionals to serve a wide range of health care customers, from individual physicians to medium-sized practices, now covering 40+ states. The company offers one of the most comprehensive, fully-integrated suites of revenue cycle solutions, practice management, and electronic health records in the industry. All of the company’s integrated core technologies are also available on mobile devices via the mHealth option. MTBC’s technologies, in particular its Electronic Health Records system, rely heavily on the proprietary ChartsPro™ software, a comprehensive tool designed to improve the productivity of any health care organization, whether it’s a small practice or a large hospital.
For more information, visit www.mtbc.com, and see the company’s fact sheet at http://ir.mtbc.com/events.cfm
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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Thursday, January 26, 2017
VPR Brands, LP (VPRB) Showcasing New Vaping Solutions for Fast-Growing Cannabis Market
VPR Brands, LP (OTC: VPRB), a manufacturer and provider of electronic cigarette and vaping solutions based on both U.S. and Chinese patents, has big plans for the year on the heels of the recent legalization of medical and recreational use of marijuana in several states. Most of the company’s vaping products can be easily used by the legal marijuana industry, presenting VPR Brands with an impressive opportunity for rapid growth. In addition, the company also has plans to further expand its product offerings to include specific cannabis vaping products such as the STINGER vaping stick and an entirely new brand destined to all cannabis packaging, SAFRx.
Founded in 2004, the Miami, Florida-based VPR Brands owns patents for various atomization products and other types or vaping technology, from electronic cigarettes and accessories to medical marijuana vaporizers and more. The company also develops private label manufacturing programs, most notably for e-liquid, with a capacity of more than one million bottles per month. VPR Brands’ private label e-liquid manufacturing program is available for both manufacturers who simply want to tweak their own formulas and those who want to expand their lines. The company constantly expands its flavor line and also offers reverse flavor engineering services. The e-liquid is manufactured in a state-of-the-art facility and undergoes rigorous quality control testing before being delivered to the end customer.
In addition to its private label services, VPR Brands offers vaping technology ranging from vaporizers to electronic cigarettes and related accessories under various established brand names, such as Helium, a line of e-liquids and chillers; HoneyStick™, the first ceramic sub-Ohm oil device available in three different sizes; Krave®, a line of electronic cigarettes with related kits and accessories; Vaporin™, a premium line of e-liquids, vaporizers and electronic cigarettes; and VaporX®, a line of sophisticated, high-quality vaporizers, premium e-liquids, e-cigs, cartridges and accessories.
As part of the HoneyStick™ brand, the company recently relaunched its flagship product, the STINGER vaporizer for cannabis concentrates. The fully ceramic unit, with its sleek and elegant design, was showcased as one of the best performing and versatile ceramic vaping pens at the 2017 BIG Industry Show in Los Angeles last week. Present at the show, VPR Brands CEO Kevin Frija and COO Dan Hoff said they expect California to become an even larger market for cannabis-related products this year, following the state’s vote to legalize recreational adult use alongside medicinal use of the substance. Industry analysts expect annual sales of marijuana in California to reach a total of $7.6 billion by 2020.
VPR Brands is also attending the TPE Tobacco Plus Expo in Las Vegas on January 25-26 to showcase its newest product portfolio for 2017. Most of these new products have not yet been released to the public, but initial response has been very encouraging, Frija said, adding that the new portfolio will become available via retail as of the second and third quarters of the year. The company’s management expects a high turnout from the cannabis sector at the show – the first major industry expo to take place in Nevada since the state voted to legalize recreational marijuana use. The legal marijuana market in the state is expected to grow from $121.6 million last year to about $630 million by the year 2020.
For more information, visit www.VPRBrands.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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
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Founded in 2004, the Miami, Florida-based VPR Brands owns patents for various atomization products and other types or vaping technology, from electronic cigarettes and accessories to medical marijuana vaporizers and more. The company also develops private label manufacturing programs, most notably for e-liquid, with a capacity of more than one million bottles per month. VPR Brands’ private label e-liquid manufacturing program is available for both manufacturers who simply want to tweak their own formulas and those who want to expand their lines. The company constantly expands its flavor line and also offers reverse flavor engineering services. The e-liquid is manufactured in a state-of-the-art facility and undergoes rigorous quality control testing before being delivered to the end customer.
In addition to its private label services, VPR Brands offers vaping technology ranging from vaporizers to electronic cigarettes and related accessories under various established brand names, such as Helium, a line of e-liquids and chillers; HoneyStick™, the first ceramic sub-Ohm oil device available in three different sizes; Krave®, a line of electronic cigarettes with related kits and accessories; Vaporin™, a premium line of e-liquids, vaporizers and electronic cigarettes; and VaporX®, a line of sophisticated, high-quality vaporizers, premium e-liquids, e-cigs, cartridges and accessories.
As part of the HoneyStick™ brand, the company recently relaunched its flagship product, the STINGER vaporizer for cannabis concentrates. The fully ceramic unit, with its sleek and elegant design, was showcased as one of the best performing and versatile ceramic vaping pens at the 2017 BIG Industry Show in Los Angeles last week. Present at the show, VPR Brands CEO Kevin Frija and COO Dan Hoff said they expect California to become an even larger market for cannabis-related products this year, following the state’s vote to legalize recreational adult use alongside medicinal use of the substance. Industry analysts expect annual sales of marijuana in California to reach a total of $7.6 billion by 2020.
VPR Brands is also attending the TPE Tobacco Plus Expo in Las Vegas on January 25-26 to showcase its newest product portfolio for 2017. Most of these new products have not yet been released to the public, but initial response has been very encouraging, Frija said, adding that the new portfolio will become available via retail as of the second and third quarters of the year. The company’s management expects a high turnout from the cannabis sector at the show – the first major industry expo to take place in Nevada since the state voted to legalize recreational marijuana use. The legal marijuana market in the state is expected to grow from $121.6 million last year to about $630 million by the year 2020.
For more information, visit www.VPRBrands.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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Stealth Technologies, Inc. (STTH) is “One to Watch”
Founded in 1999, Stealth Technologies (OTCQB: STTH) is focused on developing and marketing products that deliver cost effective, independently validated solutions for large addressable international and domestic markets. The company’s primary target is identity protection and personal safety.
The Stealth Card represents the company’s flagship solution for identity protection. Today there are more than 1.5 billion credit and debit cards in circulation with RFID chips, making it easier than ever for identity thieves to steal sensitive information without contact. The paper-thin Stealth Card offered by Stealth Technologies protects up to 12 RFID credit cards in a wallet without any batteries or charging requirements.
StealthIdentityTheft.com is an expansion of the company’s commitment to provide first-rate identity protection solutions. The proprietary system underlying this identity protection and recovery service was designed in partnership with law enforcement officials. Utilizing the most effective methods of prevention involving a two-step process, StealthIdentityTheft.com is a superior answer to the non-stop identity theft taking place every day.
The international marketplace was infiltrated by Stealth Technologies when the company launched its 911 HELP NOW™ emergency medical alert device. Providing direct access with 911 service at a touch of a button, the device is packed with powerful features including a full year of battery life from standard AAA batteries, compact ergonomic design, 2-way voice and a durable, splash resistant design.
Stealth Mobile is the latest product offering introduced to leverage the Stealth Technologies’ brand and sales channels established by the other products. Similar to the Stealth Card, Stealth Mobile prevents electronic pickpocketing. The product guards NFC transmissions emitted by cell phone devices, which can include personal information, messages and financial data.
Stealth Technologies recognizes the value of the rapid sales growth generated by these technologies and has multiple patents pending to safeguard its investments. With an expanding product suite and ongoing expansion into the identity theft protection marketplace, Stealth Technologies remains committed to its focus on increased growth and profitability.
For more information, visit www.TechnologiesByStealth.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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
The Stealth Card represents the company’s flagship solution for identity protection. Today there are more than 1.5 billion credit and debit cards in circulation with RFID chips, making it easier than ever for identity thieves to steal sensitive information without contact. The paper-thin Stealth Card offered by Stealth Technologies protects up to 12 RFID credit cards in a wallet without any batteries or charging requirements.
StealthIdentityTheft.com is an expansion of the company’s commitment to provide first-rate identity protection solutions. The proprietary system underlying this identity protection and recovery service was designed in partnership with law enforcement officials. Utilizing the most effective methods of prevention involving a two-step process, StealthIdentityTheft.com is a superior answer to the non-stop identity theft taking place every day.
The international marketplace was infiltrated by Stealth Technologies when the company launched its 911 HELP NOW™ emergency medical alert device. Providing direct access with 911 service at a touch of a button, the device is packed with powerful features including a full year of battery life from standard AAA batteries, compact ergonomic design, 2-way voice and a durable, splash resistant design.
Stealth Mobile is the latest product offering introduced to leverage the Stealth Technologies’ brand and sales channels established by the other products. Similar to the Stealth Card, Stealth Mobile prevents electronic pickpocketing. The product guards NFC transmissions emitted by cell phone devices, which can include personal information, messages and financial data.
Stealth Technologies recognizes the value of the rapid sales growth generated by these technologies and has multiple patents pending to safeguard its investments. With an expanding product suite and ongoing expansion into the identity theft protection marketplace, Stealth Technologies remains committed to its focus on increased growth and profitability.
For more information, visit www.TechnologiesByStealth.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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Social Reality, Inc. (NASDAQ: SRAX) Capitalizing on the Growing Real-Time Bidding Market
Internet advertising has now been around for decades, but still growing behind this common trend is the world of automated digital advertising. According to Forbes (http://nnw.fm/G7iLS), 96% of marketers reported that they used programmatic advertising in 2016. Advertisers now expect to make automatic, data-based decisions, buying from a virtually endless ad inventory. This is where Real-Time Bidding (RTB) comes in. To put it simply, RTB is digital advertising through open auction.
According to a report by Market Research Reports (http://nnw.fm/Z8j96), the real-time bidding market in the U.S. is expected to grow at a compound annual rate of 24.78% between 2016 and 2020. This has been attributed to a number of developments, including media consumption being on the rise, individuals now owning multiple electronic devices, the increased use of mobile devices and the internet, and an increase in disposable income.
Because of these factors, advertisers are shifting their expenditures from traditional media platforms to digital platforms, where they are able to better target their chosen audiences. This leads us to Social Reality, Inc. (NASDAQ: SRAX), an internet advertising company providing organizations with the tools for automating the digital advertising market. The company’s three core platforms deliver a set of marketing tools that allow agencies to reach and monetize their audiences.
SRAX, the company’s real-time bidding management platform, allows brands to launch, distribute, track, and optimize their social and digital media and consumer engagement campaigns. This complete solution makes it easier for content creators and owners to get the highest value from demand partners through the SRAX full set of advertising tools.
With this, organizations are able to get the highest price for their inventory while integrating both direct and indirect sales channels to allow them to get higher eCPM, or effective cost per thousand impressions. This technology has powered a programmatic marketplace that enables advertisers to more efficiently optimize their advertising on a variety of platforms and auctions.
For more information, visit www.SocialReality.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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
According to a report by Market Research Reports (http://nnw.fm/Z8j96), the real-time bidding market in the U.S. is expected to grow at a compound annual rate of 24.78% between 2016 and 2020. This has been attributed to a number of developments, including media consumption being on the rise, individuals now owning multiple electronic devices, the increased use of mobile devices and the internet, and an increase in disposable income.
Because of these factors, advertisers are shifting their expenditures from traditional media platforms to digital platforms, where they are able to better target their chosen audiences. This leads us to Social Reality, Inc. (NASDAQ: SRAX), an internet advertising company providing organizations with the tools for automating the digital advertising market. The company’s three core platforms deliver a set of marketing tools that allow agencies to reach and monetize their audiences.
SRAX, the company’s real-time bidding management platform, allows brands to launch, distribute, track, and optimize their social and digital media and consumer engagement campaigns. This complete solution makes it easier for content creators and owners to get the highest value from demand partners through the SRAX full set of advertising tools.
With this, organizations are able to get the highest price for their inventory while integrating both direct and indirect sales channels to allow them to get higher eCPM, or effective cost per thousand impressions. This technology has powered a programmatic marketplace that enables advertisers to more efficiently optimize their advertising on a variety of platforms and auctions.
For more information, visit www.SocialReality.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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Net Element, Inc. (NASDAQ: NETE) Gives You the Option to Purchase and Put It on Your TELCO Tab
Wouldn’t it be convenient to have those few items you picked up from the grocery on the way home from work appear on the end-of-the-month bill from your Telco? As unlikely as it sounds, that’s a scenario that may not be too far off.
Paying for stuff that way is called direct carrier billing (DCB), and Net Element, Inc. (NASDAQ: NETE), through its subsidiary Digital Provider, has already developed the capability to provide that service. Taking advantage of the smart phone’s ubiquity, Net Element is poised to help the world’s un-banked masses purchase, both online and off.
Data compiled by Mobile Payments Today and the technology company Amdocs (http://nnw.fm/Pgn1A) show the state of play in 2012, the latest year for which an analysis has been done. In 2012, world population stood at 7.14 billion, not much more than the 6.8 billion mobile phone accounts. That latter figure, not surprisingly, far exceeded the 2.15 billion credit card accounts on record, as well as the 3.5 billion persons with bank accounts.
In many developing countries, from Cambodia, India, Indonesia and Vietnam in the east to Brazil and Mexico in the west, mobile penetration far exceeds the number of banked adults, according to data provided by Juniper Research for 2012.
This is good news for a provider of DCB such as Net Element. DCB, also called direct operator billing (DOB) and mobile content billing (MCB), allows a telephone subscriber to put the cost of a purchase on his or her phone bill. It has been around for some time as a way for subscribers to pay for ring tones and digital wallpapers they download, and, according to Mobile Payments Today, is ‘the most popular mobile payment in use today’.
‘While mobile payment options like NFC and cloud-based wallets get all the hype, Direct Carrier Billing (DCB) has received little attention despite its extensive use, immediate viability and great potential’.
DCB is mostly used for digital goods but, obviously, has the potential to be extended to physical ones. From its initial use paying for 1st-generation digital content, DCB is now employed in purchasing 3rd-generation digital content, like apps, music, videos and e-books. Possible immediate future markets include ticketing and small items like books, and, of course, the promise of a variety of point-of-sale applications comes to mind.
DCB has already shown itself to be a powerful modus operandi. Industry watchers Analysys Mason estimate that DCB conversion rates are 5X higher than credit card conversion rates. Consequently, offering a DCB payment option in the app market is very likely to increase revenues for app stores, app publishers and mobile network operators.
Total apps downloaded in 2012 totaled 56 billion, and, according to Juniper Research, this number is projected to grow to 160 billion in 2017. Market estimates for carrier billing’s share of app store transactions totaled $11 billion for 2016, as reported by the Yankee Group. This figure is expected to reach $13 billion in 2017, according to Juniper.
DCB payment is already available on Blackberry World, and at the Nokia and Google Play Stores. The notable exception is iTunes, where DCB payment options are not available. Nevertheless, the fruitfulness of the market is apparent.
Net Element’s subsidiary, Digital Provider, is a direct carrier billing and mobile payments provider that facilitates the payment, aggregation and distribution of secure, modern mobile transactions. Digital Provider works with the largest mobile operators in the Commonwealth of Independent States (CIS) and select emerging markets. The company services a wide range of clients, including content providers, social media networks, game developers and merchants, offering a broad array of payment options, including DCB. Digital Provider is positioned as an industry leader in the growing DCB payments market.
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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Paying for stuff that way is called direct carrier billing (DCB), and Net Element, Inc. (NASDAQ: NETE), through its subsidiary Digital Provider, has already developed the capability to provide that service. Taking advantage of the smart phone’s ubiquity, Net Element is poised to help the world’s un-banked masses purchase, both online and off.
Data compiled by Mobile Payments Today and the technology company Amdocs (http://nnw.fm/Pgn1A) show the state of play in 2012, the latest year for which an analysis has been done. In 2012, world population stood at 7.14 billion, not much more than the 6.8 billion mobile phone accounts. That latter figure, not surprisingly, far exceeded the 2.15 billion credit card accounts on record, as well as the 3.5 billion persons with bank accounts.
In many developing countries, from Cambodia, India, Indonesia and Vietnam in the east to Brazil and Mexico in the west, mobile penetration far exceeds the number of banked adults, according to data provided by Juniper Research for 2012.
This is good news for a provider of DCB such as Net Element. DCB, also called direct operator billing (DOB) and mobile content billing (MCB), allows a telephone subscriber to put the cost of a purchase on his or her phone bill. It has been around for some time as a way for subscribers to pay for ring tones and digital wallpapers they download, and, according to Mobile Payments Today, is ‘the most popular mobile payment in use today’.
‘While mobile payment options like NFC and cloud-based wallets get all the hype, Direct Carrier Billing (DCB) has received little attention despite its extensive use, immediate viability and great potential’.
DCB is mostly used for digital goods but, obviously, has the potential to be extended to physical ones. From its initial use paying for 1st-generation digital content, DCB is now employed in purchasing 3rd-generation digital content, like apps, music, videos and e-books. Possible immediate future markets include ticketing and small items like books, and, of course, the promise of a variety of point-of-sale applications comes to mind.
DCB has already shown itself to be a powerful modus operandi. Industry watchers Analysys Mason estimate that DCB conversion rates are 5X higher than credit card conversion rates. Consequently, offering a DCB payment option in the app market is very likely to increase revenues for app stores, app publishers and mobile network operators.
Total apps downloaded in 2012 totaled 56 billion, and, according to Juniper Research, this number is projected to grow to 160 billion in 2017. Market estimates for carrier billing’s share of app store transactions totaled $11 billion for 2016, as reported by the Yankee Group. This figure is expected to reach $13 billion in 2017, according to Juniper.
DCB payment is already available on Blackberry World, and at the Nokia and Google Play Stores. The notable exception is iTunes, where DCB payment options are not available. Nevertheless, the fruitfulness of the market is apparent.
Net Element’s subsidiary, Digital Provider, is a direct carrier billing and mobile payments provider that facilitates the payment, aggregation and distribution of secure, modern mobile transactions. Digital Provider works with the largest mobile operators in the Commonwealth of Independent States (CIS) and select emerging markets. The company services a wide range of clients, including content providers, social media networks, game developers and merchants, offering a broad array of payment options, including DCB. Digital Provider is positioned as an industry leader in the growing DCB payments market.
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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
First Bitcoin Capital Corp. (BITCF) Signs Distributorship for ATMs Targeting Cannabis Dispensaries
First Bitcoin Capital Corp. (OTC: BITCF) has signed a master distributorship for a new type of check-cashing ATM designed for use in medical cannabis dispensaries in California. The Vancouver, B.C.-based company offers a full line of financial services for the medical marijuana industry. The specially-designed ATMs offer check cashing services and are designed specifically for use in medical marijuana dispensaries. The company said it expects these ATMs will increase the customer base in these locations by 18%.
First Bitcoin Capital Corp. is a developer of services related to bitcoin and cryptocurrency. It offers financial solutions for high-risk merchants, including medical marijuana dispensaries. Its financial services are needed to make it easy for clientele to cash checks. The new ATMs are specially designed to serve large and established medical marijuana dispensaries, and they have sophisticated risk analysis algorithms and underwriting procedures.
The Federal Deposit Insurance Corporation (FDIC) believes that approximately 7% of U.S. households are unbanked, referring to a 2015 National Survey of Unbanked and Underbanked Households (http://nnw.fm/zT9tV). That survey indicated that about nine million households in the U.S. were unbanked. Another 19.9% of households, or 24.5 million, the study showed, were underbanked. This is defined as a household having a checking or savings account, but using financial services outside of the conventional banking system. Members of this group used payday, pawn shop, or auto title loans. Almost 70% said they used ATMs/kiosks to access their bank accounts.
The ATM machines to be distributed by First Bitcoin Capital Corp. will enable consumers to cash payroll, government, and personal checks, as well as money orders. The fully-automated ATMs will process the needs of unbanked customers who may need to cash checks before purchasing. This is seen by the company as an attractive feature for dispensaries, making check cashing convenient for its clientele.
First Bitcoin said it is also developing a system that would allow dispensaries to accept Bitcoin and other cryptocurrencies as legal payment. First Bitcoin is tailoring its financial services to the unique needs of the medical cannabis industry.
For more information, visit www.BitcoinCapitalCorp.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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
First Bitcoin Capital Corp. is a developer of services related to bitcoin and cryptocurrency. It offers financial solutions for high-risk merchants, including medical marijuana dispensaries. Its financial services are needed to make it easy for clientele to cash checks. The new ATMs are specially designed to serve large and established medical marijuana dispensaries, and they have sophisticated risk analysis algorithms and underwriting procedures.
The Federal Deposit Insurance Corporation (FDIC) believes that approximately 7% of U.S. households are unbanked, referring to a 2015 National Survey of Unbanked and Underbanked Households (http://nnw.fm/zT9tV). That survey indicated that about nine million households in the U.S. were unbanked. Another 19.9% of households, or 24.5 million, the study showed, were underbanked. This is defined as a household having a checking or savings account, but using financial services outside of the conventional banking system. Members of this group used payday, pawn shop, or auto title loans. Almost 70% said they used ATMs/kiosks to access their bank accounts.
The ATM machines to be distributed by First Bitcoin Capital Corp. will enable consumers to cash payroll, government, and personal checks, as well as money orders. The fully-automated ATMs will process the needs of unbanked customers who may need to cash checks before purchasing. This is seen by the company as an attractive feature for dispensaries, making check cashing convenient for its clientele.
First Bitcoin said it is also developing a system that would allow dispensaries to accept Bitcoin and other cryptocurrencies as legal payment. First Bitcoin is tailoring its financial services to the unique needs of the medical cannabis industry.
For more information, visit www.BitcoinCapitalCorp.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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
ITUS Corporation (NASDAQ: ITUS) is “One to Watch”
It is no secret that cancer remains a global epidemic. According to The National Cancer Institute (http://nnw.fm/45u7N), cancer is still one of the leading causes of death in the world, with more than 8.2 million cancer-related deaths back in 2012. The American Cancer Society (http://nnw.fm/2qYuX) estimates that in 2017, just in the U.S., there will be over 1.6 million new cancer cases, with more than 600,000 cancer-related deaths, and the number of new cancer cases is expected to rise to 22 million within the next 20 years.
Some of the most common types of cancer expected in 2017 include breast cancer, lung and bronchus cancer, prostate cancer, colorectal cancer, melanoma of the skin, and urinary bladder cancer, with lung and bronchus cancer expected to be the biggest killers. Each of the types of cancer listed above needs to be detected early in order for patients to have the best survival rates, something made possible only with effective cancer screening tests.
ITUS Corporation (NASDAQ: ITUS), a company in the business of developing a series of non-invasive, inexpensive blood tests in order to detect cancer early on, has come up with Cchek™, a new form of cancer screening test that has proven to be more accurate, reliable, easy, and affordable than current screening tests. Cchek™ is a diagnostic platform that focuses on a subset of cells that are said to appear at the beginning of the formation of a tumor. By using proprietary protocols and fluorescently labeled antibodies, Cchek™ counts and sorts the specific and rare cells.
Currently, Cchek™ has been validated with 14 cancer types and has tested 315 patients, with 225 testing positive for cancer and 87 testing negative. In the preliminary results, the company achieved sensitivity and specificity of 92% accordingly for 88 patient samples, including 54 samples from patients with a variety of types of cancer, and 34 healthy patients. Sensitivity and specificity are two scientific measurements that are used to establish the efficacy of a diagnostic test.
ITUS Corporation is in the process of submitting its data at scientific meetings and plans to publish its data shortly. The company is continuing to process new patient samples with the aim of testing new cancer types while evaluating benign conditions. Currently, ITUS is still undertaking double-blinded testing in order to take Cchek™ to the U.S. Food and Drug Administration (FDA) for future approval.
For more information, visit www.ITUSCorp.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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Some of the most common types of cancer expected in 2017 include breast cancer, lung and bronchus cancer, prostate cancer, colorectal cancer, melanoma of the skin, and urinary bladder cancer, with lung and bronchus cancer expected to be the biggest killers. Each of the types of cancer listed above needs to be detected early in order for patients to have the best survival rates, something made possible only with effective cancer screening tests.
ITUS Corporation (NASDAQ: ITUS), a company in the business of developing a series of non-invasive, inexpensive blood tests in order to detect cancer early on, has come up with Cchek™, a new form of cancer screening test that has proven to be more accurate, reliable, easy, and affordable than current screening tests. Cchek™ is a diagnostic platform that focuses on a subset of cells that are said to appear at the beginning of the formation of a tumor. By using proprietary protocols and fluorescently labeled antibodies, Cchek™ counts and sorts the specific and rare cells.
Currently, Cchek™ has been validated with 14 cancer types and has tested 315 patients, with 225 testing positive for cancer and 87 testing negative. In the preliminary results, the company achieved sensitivity and specificity of 92% accordingly for 88 patient samples, including 54 samples from patients with a variety of types of cancer, and 34 healthy patients. Sensitivity and specificity are two scientific measurements that are used to establish the efficacy of a diagnostic test.
ITUS Corporation is in the process of submitting its data at scientific meetings and plans to publish its data shortly. The company is continuing to process new patient samples with the aim of testing new cancer types while evaluating benign conditions. Currently, ITUS is still undertaking double-blinded testing in order to take Cchek™ to the U.S. Food and Drug Administration (FDA) for future approval.
For more information, visit www.ITUSCorp.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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Net Element, Inc. (NASDAQ: NETE) Recaps 2016 Achievements in Letter to Shareholders
Leading mobile payment technology provider Net Element, Inc. (NASDAQ: NETE) this morning released a letter to its shareholders recapping some of the company’s most noteworthy achievements in 2016, as well as its objectives for the coming year. In the letter, CEO Oleg Firer referred to 2016 as a “year of significant progress and corporate achievements,” noting Net Element’s strong transactional growth across multiple categories. All told, the company processed $2.1 billion across 187 million transactions during 2016, up from 161 million in 2015. Firer attributed this organic market growth to the hard work and dedication of Net Element’s management team, support staff and sales team.
“2016 marked a year of significant progress and corporate achievements. We executed several complex initiatives and continue to make great strides in delivering on the strategic endeavors that we have been working on for the past three years,” Firer noted in this morning’s update. “While a few of these endeavors are still in progress, our overall operations, competitive posture, and growth are much stronger today than they were one year ago.”
In addition to its transactional growth, Net Element recorded a number of significant achievements during 2016. The company was named one of the fastest-growing technology companies in South Florida Business Journal’s 2016 Technology Awards, and subsidiary PayOnline was recognized as the best payment processing gateway in 2016 by Tagline. Additionally, PayOnline was ranked as a top five payment acceptance company by Markswebb Rank & Report.
Net Element’s continued commitment to growth on a global scale also helped it secure a collection of important new partnerships and client relationships in both domestic and international markets. In particular, the company made a major push toward expanding its presence in Central Asia and the Middle East during 2016, landing high-profile partnerships with Masreqbank in the United Arab Emirates, Round Bank in Russia and AGBank in Azerbaijan. Building on these efforts, PayOnline formed new relationships with Dunkin’ Donuts, one of the world’s largest coffee and baked goods chains, in Russia; ExLine, a market-leading courier service in Kazakhstan; and VTB Insurance, a leading insurance company in Russia.
The shareholder letter goes on to outline some of Net Element’s 2016 product launches before taking a look forward at its corporate goals for 2017. The company got the new year off to a strong start by implementing payment acceptance services for ReservHotel, a leading travel distribution and booking provider, and Sutochno.ru, the number one short-term accommodation rental service in Russia.
“For the remainder of the year, we will continue to focus on strategic partnerships and innovative products that will further expand our services, positioning Net Element as a convenient one-stop solution for payments services to a global merchant community,” added Firer. “We also intend to expand our presence in North America through distribution and integrated-services programs. In addition, we intend to further consolidate and centralize our operational infrastructure and resources.”
Firer wrapped up this morning’s release by thanking the company’s shareholders for their continued support and offering a positive outlook for the coming months.
“We anticipate that our improving financial results, continued expansion, strong partnerships and executing on growth endeavors will produce improved shareholder value in 2017,” he concluded.
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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
“2016 marked a year of significant progress and corporate achievements. We executed several complex initiatives and continue to make great strides in delivering on the strategic endeavors that we have been working on for the past three years,” Firer noted in this morning’s update. “While a few of these endeavors are still in progress, our overall operations, competitive posture, and growth are much stronger today than they were one year ago.”
In addition to its transactional growth, Net Element recorded a number of significant achievements during 2016. The company was named one of the fastest-growing technology companies in South Florida Business Journal’s 2016 Technology Awards, and subsidiary PayOnline was recognized as the best payment processing gateway in 2016 by Tagline. Additionally, PayOnline was ranked as a top five payment acceptance company by Markswebb Rank & Report.
Net Element’s continued commitment to growth on a global scale also helped it secure a collection of important new partnerships and client relationships in both domestic and international markets. In particular, the company made a major push toward expanding its presence in Central Asia and the Middle East during 2016, landing high-profile partnerships with Masreqbank in the United Arab Emirates, Round Bank in Russia and AGBank in Azerbaijan. Building on these efforts, PayOnline formed new relationships with Dunkin’ Donuts, one of the world’s largest coffee and baked goods chains, in Russia; ExLine, a market-leading courier service in Kazakhstan; and VTB Insurance, a leading insurance company in Russia.
The shareholder letter goes on to outline some of Net Element’s 2016 product launches before taking a look forward at its corporate goals for 2017. The company got the new year off to a strong start by implementing payment acceptance services for ReservHotel, a leading travel distribution and booking provider, and Sutochno.ru, the number one short-term accommodation rental service in Russia.
“For the remainder of the year, we will continue to focus on strategic partnerships and innovative products that will further expand our services, positioning Net Element as a convenient one-stop solution for payments services to a global merchant community,” added Firer. “We also intend to expand our presence in North America through distribution and integrated-services programs. In addition, we intend to further consolidate and centralize our operational infrastructure and resources.”
Firer wrapped up this morning’s release by thanking the company’s shareholders for their continued support and offering a positive outlook for the coming months.
“We anticipate that our improving financial results, continued expansion, strong partnerships and executing on growth endeavors will produce improved shareholder value in 2017,” he concluded.
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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Wednesday, January 25, 2017
ChineseInvestors.com, Inc. (CIIX) Engages NetworkNewsWire for Corporate Communications Solutions
ChineseInvestors.com, Inc. (OTCQB: CIIX), the premier financial information website for Chinese-speaking investors in both the U.S. and China, today announced that it has engaged the expertise of NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. NNW’s solutions help public and private organizations find their voice and build market visibility via social media and a rapidly expanding distribution network of well over 5,000 key syndication outlets.
“ChineseInvestors.com has a strong history of providing investment-based education products and services. We are now taking significant strides to expand our operations and capitalize on the lucrative growth of the cannabis industry with the upcoming and previously announced launch of www.ChineseCBDoil.com,” says Warren Wang, founder and CEO of CIIX. “This is an opportunity we certainly do not want to miss, and one that will require enhanced communication and transparency for existing and potential shareholders. At this time of incredible growth, we are pleased to partner with NNW to ensure effective and far-reaching communication to the investment community.”
As part of the Client-Partner relationship between the companies, NNW will leverage its investor-based Brand Network of partners, various newsletters, social media channels, editorial articles, and other outreach tools to generate greater brand awareness for CIIX.
“CIIX has drawn specific blueprints to expand its focus to include the online sale of cannabidiol (CBD)-based nutrition and health products in China, a relatively untapped market with unseen potential,” states Sherri Franklin, director of Content Marketing for NNW. “We are coming alongside CIIX at a time when effective communication is critical to success, reputation and corporate growth. We look forward to helping Warren’s team build a presence in the cannabis industry while maintaining its long-standing position as a financial information website.”
For more information, visit 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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
“ChineseInvestors.com has a strong history of providing investment-based education products and services. We are now taking significant strides to expand our operations and capitalize on the lucrative growth of the cannabis industry with the upcoming and previously announced launch of www.ChineseCBDoil.com,” says Warren Wang, founder and CEO of CIIX. “This is an opportunity we certainly do not want to miss, and one that will require enhanced communication and transparency for existing and potential shareholders. At this time of incredible growth, we are pleased to partner with NNW to ensure effective and far-reaching communication to the investment community.”
As part of the Client-Partner relationship between the companies, NNW will leverage its investor-based Brand Network of partners, various newsletters, social media channels, editorial articles, and other outreach tools to generate greater brand awareness for CIIX.
“CIIX has drawn specific blueprints to expand its focus to include the online sale of cannabidiol (CBD)-based nutrition and health products in China, a relatively untapped market with unseen potential,” states Sherri Franklin, director of Content Marketing for NNW. “We are coming alongside CIIX at a time when effective communication is critical to success, reputation and corporate growth. We look forward to helping Warren’s team build a presence in the cannabis industry while maintaining its long-standing position as a financial information website.”
For more information, visit 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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Cannabis Industry Sees Cautionary Optimism amid Trump Administration Uncertainty
The election of 2016 will forever mark a historic moment for the cannabis industry, reflecting growing acceptance – and legalization – of cannabis for medical and recreational use. The progression of this market, expected to grow to $50 billion in the next 10 years, has awakened a new era of business opportunities for companies like Singlepoint (OTC: SING), Eco Science Solutions, Inc. (OTC: ESSI), Medical Marijuana, Inc. (OTC: MJNA), OWC Pharmaceutical Research (OTC: OWCP) and MassRoots, Inc. (OTC: MSRT).
With specialties ranging from technology to health care, visionary companies are learning how to apply their expertise to meet the increasing and evolving demands for cannabis-based products and services.
A recent report (http://nnw.fm/iI0ci) from the National Cannabis Industry Association (NCIA) calls the 2016 election “a watershed moment for the cannabis industry.” While the report highlights concerns about how the Trump Administration could affect players in the blooming cannabis industry, the cautionary article offers room for optimism.
Among other points, NCIA notes the potential for policy changes at the Department of Justice, which since 2013 has crafted its state marijuana programs around the “Cole Memo.” Written by James Cole, former U.S. deputy attorney general (2010-2015), the memo provides eight priorities concerning federal policy on the cannabis industry.
“Hypothetically, new leadership at the Justice Department could revoke the Cole Memo and return to an era of federal enforcement actions against state-compliant cannabis businesses. However, such an action would almost certainly provoke substantial backlash,” writes NCIA.
Meanwhile, a recent initiative by Senator Elizabeth Warren of the Senate Banking Committee demonstrates growing acceptance of the cannabis industry, and raises hopes that the Financial Crimes Enforcement Network (FinCEN) will soon provide updated guidelines for marijuana companies looking for access to banks and credit unions. Earlier guidance provided by FinCEN in 2014 addressed the concerns of businesses that dealt directly in marijuana, like pot shops and marijuana dispensaries. “Indirect businesses that service the marijuana industry” were left in regulatory limbo, not knowing what rules, if any, applied to them.
One “indirect business” of vital importance to the marijuana industry is handled by Singlepoint subsidiary, SingleSeed Payments, which will provide a number of transaction and payment processing services, such as cashless ATM, Pay-by-Text™ and text message marketing to the cannabis industry.
In a recent interview (http://nnw.fm/lK1Y5) with MoneyTV, Singlepoint CEO Greg Lambrecht discussed the value banking services would provide to marijuana businesses, also highlighting his optimism for the industry.
“With Oregon, Washington and Colorado, the cannabis business was roughly somewhere around $5 billion. With Florida, Massachusetts and California, I’ve seen a lot of estimates of it growing to $50 billion, and some estimate saying $100 billion. We’re going to be the merchant processor on that money, so this is a very exciting time for Singlepoint.”
Another business that will feel the ripple effects of industry change is MassRoots, Inc. (OTCQB: MSRT), one of the largest technology platforms for the regulated cannabis industry. The company’s mobile apps enable consumers to provide community-driven reviews of cannabis strains and products, enabling consumers to make educated cannabis purchasing decisions.
The cannabis industry is also comprised of other “indirect players” such as Eco Science Solutions, Inc. (OTC Pink: ESSI), an eco-tech company with several smart-device apps and related supplements to natural medication use; and Medical Marijuana, Inc. (OTC Pink: MJNA), whose HempMeds Mexico® subsidiary recently received approval from Mexico’s health authority, COFEPRIS, to import the company’s Real Scientific Hemp Oil-X™ to treat a patient for pain associated with cancer treatments and for general well-being.
Additionally, OWC Pharmaceutical Research (OTCQB: OWCP), through its Israel-based One World Cannabis Ltd. subsidiary, develops cannabinoid-based therapies targeting a variety of different medical conditions and disorders. One World was created to apply pharmaceutical research protocols and disciplines to the medical cannabis industry, and enables OWC Pharmaceutical to take advantage of Israel’s position as the global center of medical cannabis research.
Ultimately, the forecast for cannabis business is bright, buoyed by public and congressional support that demands change.
“The 2016 election is a turning point for marijuana policy and the cannabis industry in the United States. Never before have so many Americans lined up to reject the failures of marijuana prohibition and support legal, regulated cannabis programs,” says NCIA.
For more information, please visit: 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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
With specialties ranging from technology to health care, visionary companies are learning how to apply their expertise to meet the increasing and evolving demands for cannabis-based products and services.
A recent report (http://nnw.fm/iI0ci) from the National Cannabis Industry Association (NCIA) calls the 2016 election “a watershed moment for the cannabis industry.” While the report highlights concerns about how the Trump Administration could affect players in the blooming cannabis industry, the cautionary article offers room for optimism.
Among other points, NCIA notes the potential for policy changes at the Department of Justice, which since 2013 has crafted its state marijuana programs around the “Cole Memo.” Written by James Cole, former U.S. deputy attorney general (2010-2015), the memo provides eight priorities concerning federal policy on the cannabis industry.
“Hypothetically, new leadership at the Justice Department could revoke the Cole Memo and return to an era of federal enforcement actions against state-compliant cannabis businesses. However, such an action would almost certainly provoke substantial backlash,” writes NCIA.
Meanwhile, a recent initiative by Senator Elizabeth Warren of the Senate Banking Committee demonstrates growing acceptance of the cannabis industry, and raises hopes that the Financial Crimes Enforcement Network (FinCEN) will soon provide updated guidelines for marijuana companies looking for access to banks and credit unions. Earlier guidance provided by FinCEN in 2014 addressed the concerns of businesses that dealt directly in marijuana, like pot shops and marijuana dispensaries. “Indirect businesses that service the marijuana industry” were left in regulatory limbo, not knowing what rules, if any, applied to them.
One “indirect business” of vital importance to the marijuana industry is handled by Singlepoint subsidiary, SingleSeed Payments, which will provide a number of transaction and payment processing services, such as cashless ATM, Pay-by-Text™ and text message marketing to the cannabis industry.
In a recent interview (http://nnw.fm/lK1Y5) with MoneyTV, Singlepoint CEO Greg Lambrecht discussed the value banking services would provide to marijuana businesses, also highlighting his optimism for the industry.
“With Oregon, Washington and Colorado, the cannabis business was roughly somewhere around $5 billion. With Florida, Massachusetts and California, I’ve seen a lot of estimates of it growing to $50 billion, and some estimate saying $100 billion. We’re going to be the merchant processor on that money, so this is a very exciting time for Singlepoint.”
Another business that will feel the ripple effects of industry change is MassRoots, Inc. (OTCQB: MSRT), one of the largest technology platforms for the regulated cannabis industry. The company’s mobile apps enable consumers to provide community-driven reviews of cannabis strains and products, enabling consumers to make educated cannabis purchasing decisions.
The cannabis industry is also comprised of other “indirect players” such as Eco Science Solutions, Inc. (OTC Pink: ESSI), an eco-tech company with several smart-device apps and related supplements to natural medication use; and Medical Marijuana, Inc. (OTC Pink: MJNA), whose HempMeds Mexico® subsidiary recently received approval from Mexico’s health authority, COFEPRIS, to import the company’s Real Scientific Hemp Oil-X™ to treat a patient for pain associated with cancer treatments and for general well-being.
Additionally, OWC Pharmaceutical Research (OTCQB: OWCP), through its Israel-based One World Cannabis Ltd. subsidiary, develops cannabinoid-based therapies targeting a variety of different medical conditions and disorders. One World was created to apply pharmaceutical research protocols and disciplines to the medical cannabis industry, and enables OWC Pharmaceutical to take advantage of Israel’s position as the global center of medical cannabis research.
Ultimately, the forecast for cannabis business is bright, buoyed by public and congressional support that demands change.
“The 2016 election is a turning point for marijuana policy and the cannabis industry in the United States. Never before have so many Americans lined up to reject the failures of marijuana prohibition and support legal, regulated cannabis programs,” says NCIA.
For more information, please visit: 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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Social Reality, Inc. (NASDAQ: SRAX) Set to Present at NobleCon13 on January 30
Leading Internet advertising and platform technology company Social Reality, Inc. (NASDAQ: SRAX) this morning announced that it will be presenting at the NobleCon13 Annual Investor Conference, which is set to take place January 30-31 at the Boca Raton Resort and Club in Boca Raton, Florida. SRAX CEO Christopher Miglino and CFO J.P. Hannan are expected to offer conference attendees a corporate overview and discuss the company’s latest highlights, including its strong revenues from health care clients in recent weeks. Earlier this month, Social Reality announced record unaudited revenues in 2016, as well as bookings for January 2017 that were already up roughly 100 percent from the comparable period of 2016.
Investors who are unable to attend the event can view Social Reality’s NobleCon13 presentation via webcast by visiting http://nnw.fm/TrM18. The company’s management team is expected to take the stage on Monday, January 30, 2017, at 3:00 PM Eastern Time. Additionally, Miglino and Hannan will be available for one-on-one meetings. To arrange a one-on-one meeting, interested parties should contact Robert Haag at srax@irthcommunications.com.
NobleCon13 is a small cap and emerging growth investor conference focused on companies with less than $2 billion in market capitalization. Now in its 13th year, the annual event brings together the investment community, fund managers and high net worth investors with a focus on small cap equities, giving presenting companies an opportunity to tell their stories and stimulate further dialogue. Through a combination of feature presentations, expert panels and one-on-one meetings, NobleCon13 aims to offer investors unparalleled access to corporate executive teams. To learn more about NobleCon13, visit www.NobleConference.com.
Social Reality’s management will likely have a collection of topics to cover during next week’s presentation. Since the start of 2017, the company has made a number of major announcements that are sure to be of interest to prospective investors. On January 4, Social Reality announced its entry into a securities purchase agreement with institutional investors that generated gross proceeds of roughly $4 million. Miglino called the cash infusion a “positive step” for the company, noting that it will help Social Reality “progress to the next phase” of growth.
Building on this focus of driving growth, the company also recently announced the appointment of Yannick Valenti as its new General Manager Europe. Valenti’s extensive experience in digital advertising and creative brand activations, as well as his knowledge of the European market, is expected to play a key role in the forward growth of Social Reality’s portfolio of products and activities in Europe.
For more information, visit www.SocialReality.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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Investors who are unable to attend the event can view Social Reality’s NobleCon13 presentation via webcast by visiting http://nnw.fm/TrM18. The company’s management team is expected to take the stage on Monday, January 30, 2017, at 3:00 PM Eastern Time. Additionally, Miglino and Hannan will be available for one-on-one meetings. To arrange a one-on-one meeting, interested parties should contact Robert Haag at srax@irthcommunications.com.
NobleCon13 is a small cap and emerging growth investor conference focused on companies with less than $2 billion in market capitalization. Now in its 13th year, the annual event brings together the investment community, fund managers and high net worth investors with a focus on small cap equities, giving presenting companies an opportunity to tell their stories and stimulate further dialogue. Through a combination of feature presentations, expert panels and one-on-one meetings, NobleCon13 aims to offer investors unparalleled access to corporate executive teams. To learn more about NobleCon13, visit www.NobleConference.com.
Social Reality’s management will likely have a collection of topics to cover during next week’s presentation. Since the start of 2017, the company has made a number of major announcements that are sure to be of interest to prospective investors. On January 4, Social Reality announced its entry into a securities purchase agreement with institutional investors that generated gross proceeds of roughly $4 million. Miglino called the cash infusion a “positive step” for the company, noting that it will help Social Reality “progress to the next phase” of growth.
Building on this focus of driving growth, the company also recently announced the appointment of Yannick Valenti as its new General Manager Europe. Valenti’s extensive experience in digital advertising and creative brand activations, as well as his knowledge of the European market, is expected to play a key role in the forward growth of Social Reality’s portfolio of products and activities in Europe.
For more information, visit www.SocialReality.com
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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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
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Global Cannabis Growth Spurs ChineseInvestors.com, Inc. (CIIX) Cannabidiol Plans in China
The strategy by ChineseInvestors.com, Inc. (OTCQB: CIIX) to open the first cannabidiol (CBD) online retail store in China, and to use a wholly-owned subsidiary in the retail and wholesale business to supply CBD health oil products throughout Asia, has attracted the attention of investors who have seen global activity in the cannabis market grow.
ChineseInvestors.com operates a website for Chinese-speaking investors located in China and the U.S. Its self-directed investing model includes education products and services such as consulting. The company previously announced plans to open a retail store in the Shanghai Free Trade Area and commence distribution of CBD health oil products to Chinese people located around the globe. It expects to go live with its ChineseCBDoil.com site later this month.
Investment companies have already seen the growth of the cannabis industry globally. Marijuana is not legal in China, but oils that are cannabis-based are. Medical and recreational marijuana is growing globally. Some countries permit medical marijuana only. Legal sales are growing throughout the world and CIIX sees an important opportunity in China and Asia.
Matt Karnes of GreenWave Advisors (http://nnw.fm/jBg70) projects that the CBD market in the U.S. could reach almost $3 billion by 2021. Warren Wang, founder and CEO of CIIX, cited the CBD Report in the Hemp Business Journal that the U.S. hemp and legal marijuana consumer sale industries could grow to $2.1 billion by 2020. The ArcView Group sees industry sales throughout North America growing to a little more than $8 billion by the end of 2017.
In a recent news release, Wang added that CIIX has entered into a wholesale agreement with a well-known manufacturer of CBD oil. He anticipates that, through its online platform and retail store, CIIX will be able to retail nutritional supplements containing CBD to China and other Asian markets.
Legalization of marijuana is happening globally. According to TMFUltraLong (http://nnw.fm/KXoo1), you can use or buy it in some form in Canada, Australia, the Netherlands, France, Uruguay, Chile, Czech Republic, Colombia, and Jamaica. In the U.S., 28 states and the District of Columbia have legalized medical marijuana. To date, a total of 16 states have legalized CBD.
For more information, visit www.ChineseInvestors.com
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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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
ChineseInvestors.com operates a website for Chinese-speaking investors located in China and the U.S. Its self-directed investing model includes education products and services such as consulting. The company previously announced plans to open a retail store in the Shanghai Free Trade Area and commence distribution of CBD health oil products to Chinese people located around the globe. It expects to go live with its ChineseCBDoil.com site later this month.
Investment companies have already seen the growth of the cannabis industry globally. Marijuana is not legal in China, but oils that are cannabis-based are. Medical and recreational marijuana is growing globally. Some countries permit medical marijuana only. Legal sales are growing throughout the world and CIIX sees an important opportunity in China and Asia.
Matt Karnes of GreenWave Advisors (http://nnw.fm/jBg70) projects that the CBD market in the U.S. could reach almost $3 billion by 2021. Warren Wang, founder and CEO of CIIX, cited the CBD Report in the Hemp Business Journal that the U.S. hemp and legal marijuana consumer sale industries could grow to $2.1 billion by 2020. The ArcView Group sees industry sales throughout North America growing to a little more than $8 billion by the end of 2017.
In a recent news release, Wang added that CIIX has entered into a wholesale agreement with a well-known manufacturer of CBD oil. He anticipates that, through its online platform and retail store, CIIX will be able to retail nutritional supplements containing CBD to China and other Asian markets.
Legalization of marijuana is happening globally. According to TMFUltraLong (http://nnw.fm/KXoo1), you can use or buy it in some form in Canada, Australia, the Netherlands, France, Uruguay, Chile, Czech Republic, Colombia, and Jamaica. In the U.S., 28 states and the District of Columbia have legalized medical marijuana. To date, a total of 16 states have legalized CBD.
For more information, visit 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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Tuesday, January 24, 2017
Moxian, Inc. (NASDAQ: MOXC) Receives Initial Coverage from Crystal Equity Research
On January 10, 2017, Crystal Equity Research (http://nnw.fm/Hk3L3) published an initial report on Moxian, Inc. (NASDAQ: MOXC). Moxian provides social commerce platforms to consumers and merchants in Asia, more specifically China, through its proprietary Moxian+ platform. The company received a ‘Speculative Buy’ rating with a price target of $5.25 per share.
The rating was based on Moxian’s ability to maintain itself as a strong contender within China’s online-to-offline (O2O) market, which, according to the report, was worth $48 billion during the first half of 2015. Thanks to the launch of both the Moxian+ User app and the Moxian+ Business app, customers are being drawn from websites to physical stores in China. Both consumers and merchants are showing a growing interest in the O2O market, with more people using mobile devices and having access to the internet.
Aside from Moxian’s ability to successfully target the country’s O2O market, the company has made significant steps toward strengthening its balance sheet with the aid of new, independent members of its board of directors. MOXC successfully closed a public offering of over four million shares of common stock, raising $9 million in new capital net fees by the end of 2016 while cutting related party debt.
The report continues to discuss Moxian’s timely entry into China’s O2O market. With nearly half the population on the mainland devoting 45 minutes a day to social media, combined with a growing adoption of banking cards, online purchases are becoming more accessible. To make Moxian’s move into the market more swift, the company is targeting small- to medium-sized businesses with a “do it yourself” website that allows merchants to create an account easily for which they can then choose the pricing plan that best suits them.
Moxian expects its primary forms of income to be advertising revenue and sales of memberships to merchants. Although the basic membership is free, the paid account offers merchants the chance to add features that will enhance their relationships with their consumers. The paid plan also gives access to consumer data and the added benefit of other O2O tactics. MOXC also expects revenue from gaming application downloads, fees from content and sales generated by users, and from sales of ‘points’ to consumers.
For more information, visit the company’s website at www.Moxian.com
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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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
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The rating was based on Moxian’s ability to maintain itself as a strong contender within China’s online-to-offline (O2O) market, which, according to the report, was worth $48 billion during the first half of 2015. Thanks to the launch of both the Moxian+ User app and the Moxian+ Business app, customers are being drawn from websites to physical stores in China. Both consumers and merchants are showing a growing interest in the O2O market, with more people using mobile devices and having access to the internet.
Aside from Moxian’s ability to successfully target the country’s O2O market, the company has made significant steps toward strengthening its balance sheet with the aid of new, independent members of its board of directors. MOXC successfully closed a public offering of over four million shares of common stock, raising $9 million in new capital net fees by the end of 2016 while cutting related party debt.
The report continues to discuss Moxian’s timely entry into China’s O2O market. With nearly half the population on the mainland devoting 45 minutes a day to social media, combined with a growing adoption of banking cards, online purchases are becoming more accessible. To make Moxian’s move into the market more swift, the company is targeting small- to medium-sized businesses with a “do it yourself” website that allows merchants to create an account easily for which they can then choose the pricing plan that best suits them.
Moxian expects its primary forms of income to be advertising revenue and sales of memberships to merchants. Although the basic membership is free, the paid account offers merchants the chance to add features that will enhance their relationships with their consumers. The paid plan also gives access to consumer data and the added benefit of other O2O tactics. MOXC also expects revenue from gaming application downloads, fees from content and sales generated by users, and from sales of ‘points’ to consumers.
For more information, visit the company’s website at 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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
ChineseInvestors.com, Inc. (CIIX) Covered in New Report from WallStreet Research™
Before the opening bell, top-ranked independent research firm WallStreet Research™ (WSR) announced the release of a Corporate Profile Analyst Report covering ChineseInvestors.com, Inc. (OTCQB: CIIX). In addition to highlighting CIIX’s ongoing operations, including both its efforts to provide a range of financial information to the global Chinese population via www.Chinesefn.com and its preparations to capitalize on the thriving market for cannabidiol-based products through its www.ChineseCBDoil.com website, the WSR report gives prospective investors some additional insight into the tremendous growth opportunities presented by the company’s evolving strategy.
“The Company’s recent announcements regarding expansion into the medical marijuana and CBD oil industry has driven great interest in CIIX shares,” Alan Stone, managing director of WSR, stated in this morning’s news release. “As a result, the shares have significantly increased in both market value and trading volume, potentially positioning the company for a listing either on the NASDAQ or the NYSE Markets sometime later in 2017.”
In recent weeks, CIIX has made considerable progress toward the impending launch of its operations in the emerging global cannabis industry. Last month, the company announced a new partnership with a well-known cannabidiol (CBD) health brand that will enable CIIX to retail nutritional supplements containing CBD to the Asian market through both online and in-store distribution channels. Shortly after that announcement, CIIX unveiled plans to launch the world’s first CBD health products online store available in the Chinese language by the end of January 2017. The headquarters for this operation will be located in Shanghai, and the company has already outlined plans to create a wholly-owned subsidiary within the Shanghai Free Trade Zone with the sole focus of supplying CBD-based health products to the expansive worldwide Chinese population.
This morning’s release of a research report from WSR came just days after the release of a similar update from Traders News Source (TNS), an equity research firm specializing in small and micro-cap securities. The TNS report also placed a great deal of focus on CIIX’s recent entry into the cannabis industry through www.ChineseCBDoil.com. The firm notes that, while marijuana use is currently illegal in the People’s Republic of China, cannabis-based oils are legal, providing a potential market for CIIX that includes well over one billion people in China alone.
For more information, visit 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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
“The Company’s recent announcements regarding expansion into the medical marijuana and CBD oil industry has driven great interest in CIIX shares,” Alan Stone, managing director of WSR, stated in this morning’s news release. “As a result, the shares have significantly increased in both market value and trading volume, potentially positioning the company for a listing either on the NASDAQ or the NYSE Markets sometime later in 2017.”
In recent weeks, CIIX has made considerable progress toward the impending launch of its operations in the emerging global cannabis industry. Last month, the company announced a new partnership with a well-known cannabidiol (CBD) health brand that will enable CIIX to retail nutritional supplements containing CBD to the Asian market through both online and in-store distribution channels. Shortly after that announcement, CIIX unveiled plans to launch the world’s first CBD health products online store available in the Chinese language by the end of January 2017. The headquarters for this operation will be located in Shanghai, and the company has already outlined plans to create a wholly-owned subsidiary within the Shanghai Free Trade Zone with the sole focus of supplying CBD-based health products to the expansive worldwide Chinese population.
This morning’s release of a research report from WSR came just days after the release of a similar update from Traders News Source (TNS), an equity research firm specializing in small and micro-cap securities. The TNS report also placed a great deal of focus on CIIX’s recent entry into the cannabis industry through www.ChineseCBDoil.com. The firm notes that, while marijuana use is currently illegal in the People’s Republic of China, cannabis-based oils are legal, providing a potential market for CIIX that includes well over one billion people in China alone.
For more information, visit 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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Westell Technologies, Inc. (NASDAQ: WSTL) Advancing Network Performance with Innovative Solutions
Since its inception back in 1980, Aurora, Illinois-based Westell Technologies, Inc. (NASDAQ: WSTL) has had one primary goal: that of ensuring top-quality communications to its customers. Almost four decades ago, this meant offering highly efficient transmission equipment and telephone signaling, but since then the company has expanded significantly and adapted to now offer some of the most technologically advanced, high-performance wireless infrastructure solutions in the telecom industry. Westell Technologies offers a comprehensive set of innovative products and service geared toward advancing network performance and helping network operators and service providers lower operating expenses. Serving primarily the U.S. market, Westell has expanded to also offer its products and services to Canada, South America, Africa, and Australia.
Westell’s innovative product solutions include Intelligent Site Management (ISM), Communication Network Solutions (CNS) and In-Building Wireless (IBW) via proprietary Clearlink® technology. The ISM solution helps users gain a competitive advantage when it comes to control and operation of their networks through remote visibility, a unitary control platform, lower operating costs, flexibility, adaptability, quality and maximum efficiency. Given the rapid expansion of wireless networks and the growing challenges this poses, the focus is now more on remote site management so as to lower maintenance costs and minimize troubleshooting. Westell provides comprehensive site management focused on communications management, power and security management and environmental management.
The company’s CNS include state-of-the-art network interfaces, power distribution systems, cabinets and enclosures, cell site optimization, system integration and also copper fiber management. The main goal of the company’s CNS is to help build reliable communications networks that can sustain harsh environmental conditions and still be able to connect any outdoor facility or building effectively, safely and efficiently.
Westell’s IBW segment is based on the company’s proprietary Clearlink® technology and includes various comprehensive solutions designed to ensure wireless coverage and capacity. IBW solutions include small cell deployments and distributed antenna systems, which are becoming increasingly common due to a significant spike in the use of mobile devices and data-intensive mobile services in office buildings, universities, airports and other public venues. The company’s Clearlink® IBW solution includes antennas, distributed antenna system radiofrequency conditioners, bi-directional amplifiers, digital repeaters and other types of system components aimed at improving overall network performance while lowering capital and operating costs.
In addition to its three main product groups, Westell also offers a comprehensive range of support and services to its customers so as to put together customized, complete solutions that best meet their business needs. Leveraging its 35+ years of experience in providing quality, innovative service to the industry, Westell makes available important technical knowledge and integration services, as well as training classes and general support designed to help all of its customers, from service providers to tower operators and other network operators.
For more information, visit www.Westell.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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Westell’s innovative product solutions include Intelligent Site Management (ISM), Communication Network Solutions (CNS) and In-Building Wireless (IBW) via proprietary Clearlink® technology. The ISM solution helps users gain a competitive advantage when it comes to control and operation of their networks through remote visibility, a unitary control platform, lower operating costs, flexibility, adaptability, quality and maximum efficiency. Given the rapid expansion of wireless networks and the growing challenges this poses, the focus is now more on remote site management so as to lower maintenance costs and minimize troubleshooting. Westell provides comprehensive site management focused on communications management, power and security management and environmental management.
The company’s CNS include state-of-the-art network interfaces, power distribution systems, cabinets and enclosures, cell site optimization, system integration and also copper fiber management. The main goal of the company’s CNS is to help build reliable communications networks that can sustain harsh environmental conditions and still be able to connect any outdoor facility or building effectively, safely and efficiently.
Westell’s IBW segment is based on the company’s proprietary Clearlink® technology and includes various comprehensive solutions designed to ensure wireless coverage and capacity. IBW solutions include small cell deployments and distributed antenna systems, which are becoming increasingly common due to a significant spike in the use of mobile devices and data-intensive mobile services in office buildings, universities, airports and other public venues. The company’s Clearlink® IBW solution includes antennas, distributed antenna system radiofrequency conditioners, bi-directional amplifiers, digital repeaters and other types of system components aimed at improving overall network performance while lowering capital and operating costs.
In addition to its three main product groups, Westell also offers a comprehensive range of support and services to its customers so as to put together customized, complete solutions that best meet their business needs. Leveraging its 35+ years of experience in providing quality, innovative service to the industry, Westell makes available important technical knowledge and integration services, as well as training classes and general support designed to help all of its customers, from service providers to tower operators and other network operators.
For more information, visit www.Westell.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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Function(x) Inc. (NASDAQ: FNCX) Stole a March on the Women’s March with Wetpaint for Millennial Women
The hundreds of thousands of women who attended the Women’s March on Washington and its ‘sister’ marches across the nation and around the world attest to the magnitude of ‘girl power’. The status of women has certainly changed from what it was in the 15th century, when the English clergyman, John Mirk, wrote in a homily that survives, slightly altered, to this day: a maid should be seen, but not heard.
The multitude of maids that paraded across Independence Avenue and at other locations was certainly seen and definitely heard. The modern woman takes an active role in public affairs, but she also indulges her fancy for lighter fare by visiting the Function(x) Inc. (NASDAQ: FNCX) website Wetpaint, which, for over six years now, has been serving millennial women with the latest entertainment scoops, including television, music, and pop culture news.
Millennials, or those born between 1982 and 2000, make up about one-quarter of the U.S. population. At 83.1 million, they now outnumber the 75.4 million Baby Boomers, according to recent Census Bureau (http://nnw.fm/pZ3Vf) data. Their numbers mean they cannot be ignored.
A feature on NewsCred Insights (http://nnw.fm/Re0F7) stressed the need for those who market to Millennials to have relevant content. It also pointed out that you can ‘catch Millennials where they live: on social media’. Millennial women, it seems, make up the majority of users on social media platforms such as Facebook, Pinterest and Instagram. Men prefer online discussion forums like the once profanity-laced Reddit. Gender differences on Twitter, Tumblr and LinkedIn are not, according to the Pew Research Center (http://nnw.fm/3bbOb), significant. Most fascinating of all was the discovery that 70 percent of millennial women consider shopping to be entertainment. Who would have guessed?
That’s why, in 2010, Function(x) launched the Wetpaint Entertainment platform designed to offer the 18–34 year old female demographic information, entertainment and information on entertainment. On Wetpaint, Generation Y females can get the latest updates and breaking news on TV shows, celebrities, reality gossip, music, and fashion. The site, which depends on an advertising-based revenue model, publishes more than 55 new articles, videos and galleries each day.
To enhance its digital publishing business, Function(x) recently acquired the assets of Rant Inc., a leading digital publisher of original content across 13 different verticals, most notably in sports, entertainment, pets, cars, and food. The combined Wetpaint and Rant properties currently have approximately 13.5 million fans on their Facebook pages and generate an average of 14.4 million visits per month.
Another Function(x) property is Choose Digital, a white-label digital marketplace featuring a wide up-to-date range of digital content, including music, movies, TV shows, e-Books and audio books. The site offers an aggregation of movie and TV content plus content sourced from the world’s leading record companies and book publishers.
Function(x) also offers a daily fantasy sports experience both directly to consumers and to businesses desiring turnkey solutions through its majority ownership of DraftDay Gaming Group, which is well-positioned to become a significant player in the explosive fantasy sports market.
For more information, visit www.FunctionxInc.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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
The multitude of maids that paraded across Independence Avenue and at other locations was certainly seen and definitely heard. The modern woman takes an active role in public affairs, but she also indulges her fancy for lighter fare by visiting the Function(x) Inc. (NASDAQ: FNCX) website Wetpaint, which, for over six years now, has been serving millennial women with the latest entertainment scoops, including television, music, and pop culture news.
Millennials, or those born between 1982 and 2000, make up about one-quarter of the U.S. population. At 83.1 million, they now outnumber the 75.4 million Baby Boomers, according to recent Census Bureau (http://nnw.fm/pZ3Vf) data. Their numbers mean they cannot be ignored.
A feature on NewsCred Insights (http://nnw.fm/Re0F7) stressed the need for those who market to Millennials to have relevant content. It also pointed out that you can ‘catch Millennials where they live: on social media’. Millennial women, it seems, make up the majority of users on social media platforms such as Facebook, Pinterest and Instagram. Men prefer online discussion forums like the once profanity-laced Reddit. Gender differences on Twitter, Tumblr and LinkedIn are not, according to the Pew Research Center (http://nnw.fm/3bbOb), significant. Most fascinating of all was the discovery that 70 percent of millennial women consider shopping to be entertainment. Who would have guessed?
That’s why, in 2010, Function(x) launched the Wetpaint Entertainment platform designed to offer the 18–34 year old female demographic information, entertainment and information on entertainment. On Wetpaint, Generation Y females can get the latest updates and breaking news on TV shows, celebrities, reality gossip, music, and fashion. The site, which depends on an advertising-based revenue model, publishes more than 55 new articles, videos and galleries each day.
To enhance its digital publishing business, Function(x) recently acquired the assets of Rant Inc., a leading digital publisher of original content across 13 different verticals, most notably in sports, entertainment, pets, cars, and food. The combined Wetpaint and Rant properties currently have approximately 13.5 million fans on their Facebook pages and generate an average of 14.4 million visits per month.
Another Function(x) property is Choose Digital, a white-label digital marketplace featuring a wide up-to-date range of digital content, including music, movies, TV shows, e-Books and audio books. The site offers an aggregation of movie and TV content plus content sourced from the world’s leading record companies and book publishers.
Function(x) also offers a daily fantasy sports experience both directly to consumers and to businesses desiring turnkey solutions through its majority ownership of DraftDay Gaming Group, which is well-positioned to become a significant player in the explosive fantasy sports market.
For more information, visit www.FunctionxInc.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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Chineseinvestors.com, Inc. (CIIX) Taking Aim at Emerging Cannabidiol Markets of Mainland China
Founded in 1999, ChineseInvestors.com (OTCQB: CIIX) has become a leading financial information website for Chinese-speaking investors in the United States and China. Recognizing unprecedented opportunities in the U.S. cannabis industry, CIIX is also laying the groundwork to capitalize on growing demand for cannabidiol (CBD)-based nutrition and health products.
Through its primary website, www.ChineseInvestors.com, CIIX offers a variety of investor education products and services, including real-time market commentary, analysis and educational related services in Chinese language character sets; consultative services to smaller private companies considering becoming a public company; and advertising and public relations related support services.
At the center of this initiative is the ChineseInvestors Method, a unique integration of a disciplined investing process, web-based tools, personalized instructions and support. Using this strategy, CIIX provides reliable market information to help investors make informed investment decisions and meet their individualized financial goals.
CIIX is also leveraging its financial expertise to enter into the burgeoning CBD industry, which within a few years has grown from a relatively invisible sector to a billowing market expected to reach $2.1 billion in consumer sales by 2020.
The increasing demand for CBD-based products is a catalyst for innovative business endeavors. To this accord, CIIX has established a three-year development plan to capitalize on the convergence of CBD and the nutrition and health products market in mainland China, where the benefits of CBD oil have not been widely recognized.
Under a wholesale agreement with a reputable CBD health brand, CIIX is launching the world’s first online CBD health products store published in the Chinese language. The site, www.ChineseCBDoil.com, caters to a growing number of Chinese people awakening to the numerous health benefits of CBD oil for treatment of a variety of conditions such as anxiety, stress, poor sleep, Alzheimer’s disease, and more. CIIX expects to launch this website at the end of January 2017, and plans to sell CBD-infused products via online and in-store.
In conjunction, CIIX’s cannabis-focused “Yelp”-style mobile app is in development as a platform for Chinese people to review and discuss various cannabis products. The app will be the first marijuana social media mobile app designed for Chinese-speaking customers worldwide.
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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Through its primary website, www.ChineseInvestors.com, CIIX offers a variety of investor education products and services, including real-time market commentary, analysis and educational related services in Chinese language character sets; consultative services to smaller private companies considering becoming a public company; and advertising and public relations related support services.
At the center of this initiative is the ChineseInvestors Method, a unique integration of a disciplined investing process, web-based tools, personalized instructions and support. Using this strategy, CIIX provides reliable market information to help investors make informed investment decisions and meet their individualized financial goals.
CIIX is also leveraging its financial expertise to enter into the burgeoning CBD industry, which within a few years has grown from a relatively invisible sector to a billowing market expected to reach $2.1 billion in consumer sales by 2020.
The increasing demand for CBD-based products is a catalyst for innovative business endeavors. To this accord, CIIX has established a three-year development plan to capitalize on the convergence of CBD and the nutrition and health products market in mainland China, where the benefits of CBD oil have not been widely recognized.
Under a wholesale agreement with a reputable CBD health brand, CIIX is launching the world’s first online CBD health products store published in the Chinese language. The site, www.ChineseCBDoil.com, caters to a growing number of Chinese people awakening to the numerous health benefits of CBD oil for treatment of a variety of conditions such as anxiety, stress, poor sleep, Alzheimer’s disease, and more. CIIX expects to launch this website at the end of January 2017, and plans to sell CBD-infused products via online and in-store.
In conjunction, CIIX’s cannabis-focused “Yelp”-style mobile app is in development as a platform for Chinese people to review and discuss various cannabis products. The app will be the first marijuana social media mobile app designed for Chinese-speaking customers worldwide.
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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Friday, January 20, 2017
Catalyst Pharmaceuticals (NASDAQ: CPRX) Offering Novel Therapies for Rare Diseases
A Florida-based biopharmaceutical company is giving hope to patients with rare debilitating diseases by developing innovative therapies designed specifically to improve and alleviate their symptoms. The main focus of Catalyst Pharmaceuticals, Inc. (NASDAQ: CPRX) is the development of a treatment for Lambert-Eaton Myasthenic Syndrome (LEMS) – a rare, autoimmune, neuromuscular disorder characterized by muscle weakness and autonomic dysfunction.
With a prevalence of approximately 1 in 100,000 people in the United States and Canada, this ailment can be severely debilitating, as its primary symptoms are severe muscle weakness and fatigue. The disease occurs when the immune system starts attacking the nerves that control muscles, more specifically nerve cell proteins that regulate how much acetylcholine, a neurotransmitter, is released. When the body cannot release enough of it, regular muscle contractions that allow walking, wiggling one’s fingers or shrugging one’s shoulders become almost impossible. In addition to these symptoms, approximately 50 percent of LEMS patients also develop a form of cancer, typically small cell lung cancer.
Catalyst Pharmaceuticals is currently developing amifampridine phosphate specifically for the treatment of LEMS and possibly other neuromuscular disorders. The company has recently completed a crucial Phase 3 clinical trial for amifampridine phosphate with positive top-line results: the 38 subject, global, multi-center study showed that the product is safe and effective in the treatment of LEMS Patients. The therapy has already received the Orphan Drug and Breakthrough Therapy designations from the Food and Drug Administration, which means that it can be made available on a compassionate use basis to patients who really need it, pending FDA’s approval for commercialization. Clinical trial participants can get continued access to the treatment through the Amifampridine Phosphate Expanded Access Program recently initiated by Catalyst Pharmaceuticals. In the meantime, the company continues its work to secure FDA approval for the therapy so as to begin commercializing it under the proposed tradename of Firdapse®.
The company believes this product has the potential to treat several other neuromuscular disorders including Congenital Myasthenic Syndromes (CMS) and some cases of myasthenia gravis that do not respond to regular approved therapies. These possible applications of the treatment are also mentioned in the NDA that Catalyst recently filed with the Food and Drug Administration. CMS is a rare autoimmune disorder that starts affecting patients shortly after birth or in their early childhood. Ranging in severity from minor to disabling symptoms, its main effect is a significant fatigable weakness of skeletal muscles that can even lead to episodes of respiratory insufficiency if other conditions, such as fever or infections, are present. Another condition that could be improved by amifampridine phosphate is downbeat nystagmus, popularly known as “dancing eyes” because of its most common symptom: involuntary rhythmic oscillations of the eyes.
In addition to amifampridine phosphate, Catalyst Pharmaceuticals is also developing CPP-115, a very potent GABA-aminotransferase inhibitor for the treatment of infantile spasms or seizures. In-vitro studies have indicated that CPP-115 is 200 times stronger than traditional therapies for this condition and that it may also have fewer side effects. Besides infantile spasms, CPP-115 might prove effective against a wide range of conditions, including other forms of epilepsy or central nervous system ailments such as Tourette Syndrome and PTSD.
For more information, visit www.CatalystPharma.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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
With a prevalence of approximately 1 in 100,000 people in the United States and Canada, this ailment can be severely debilitating, as its primary symptoms are severe muscle weakness and fatigue. The disease occurs when the immune system starts attacking the nerves that control muscles, more specifically nerve cell proteins that regulate how much acetylcholine, a neurotransmitter, is released. When the body cannot release enough of it, regular muscle contractions that allow walking, wiggling one’s fingers or shrugging one’s shoulders become almost impossible. In addition to these symptoms, approximately 50 percent of LEMS patients also develop a form of cancer, typically small cell lung cancer.
Catalyst Pharmaceuticals is currently developing amifampridine phosphate specifically for the treatment of LEMS and possibly other neuromuscular disorders. The company has recently completed a crucial Phase 3 clinical trial for amifampridine phosphate with positive top-line results: the 38 subject, global, multi-center study showed that the product is safe and effective in the treatment of LEMS Patients. The therapy has already received the Orphan Drug and Breakthrough Therapy designations from the Food and Drug Administration, which means that it can be made available on a compassionate use basis to patients who really need it, pending FDA’s approval for commercialization. Clinical trial participants can get continued access to the treatment through the Amifampridine Phosphate Expanded Access Program recently initiated by Catalyst Pharmaceuticals. In the meantime, the company continues its work to secure FDA approval for the therapy so as to begin commercializing it under the proposed tradename of Firdapse®.
The company believes this product has the potential to treat several other neuromuscular disorders including Congenital Myasthenic Syndromes (CMS) and some cases of myasthenia gravis that do not respond to regular approved therapies. These possible applications of the treatment are also mentioned in the NDA that Catalyst recently filed with the Food and Drug Administration. CMS is a rare autoimmune disorder that starts affecting patients shortly after birth or in their early childhood. Ranging in severity from minor to disabling symptoms, its main effect is a significant fatigable weakness of skeletal muscles that can even lead to episodes of respiratory insufficiency if other conditions, such as fever or infections, are present. Another condition that could be improved by amifampridine phosphate is downbeat nystagmus, popularly known as “dancing eyes” because of its most common symptom: involuntary rhythmic oscillations of the eyes.
In addition to amifampridine phosphate, Catalyst Pharmaceuticals is also developing CPP-115, a very potent GABA-aminotransferase inhibitor for the treatment of infantile spasms or seizures. In-vitro studies have indicated that CPP-115 is 200 times stronger than traditional therapies for this condition and that it may also have fewer side effects. Besides infantile spasms, CPP-115 might prove effective against a wide range of conditions, including other forms of epilepsy or central nervous system ailments such as Tourette Syndrome and PTSD.
For more information, visit www.CatalystPharma.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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
Social Reality, Inc. (NASDAQ: SRAX) Expands Reach of Ad Tech Solutions to Health Care Industry
Social Reality (NASDAQ: SRAX), an Internet advertising company focused on the automation of digital advertising, designed its innovative ad exchange platform to cater to the specific needs of the health care industry, representing a powerful move that has the potential to change the landscape of health care provider ad targeting.
The health care arm of the Social Reality Ad Exchange platform – SRAXmd (www.sraxmd.com) – combines ad network expertise with pharmaceutical advertising experience by partnering with leading publishers of medical content, associations, apps and websites.
The platform includes innovative ad tech solutions, as well as targeting and strategies developed especially for the health care market. SRAXmd allows brands and agencies to engage health care professionals, patients and consumers both within and outside of traditional medical content. The platform gives unprecedented access to a verified audience of more than 500,000 health care providers in more than 50 specialty areas; its proprietary list of over 10,000 approved sites and apps allows users to target providers by name, specialty, location of practice, and other factors.
SRAXmd’s key offerings include several proprietary apps, such as DOME™ (Doctor Optimized Mobile Engagement), which offers a new way to track conversions and raise awareness to members attending medical meetings, events and conferences. The service delivers in-app and mobile web display advertising to event participants within a 100-meter radius of convention locations.
DOCTRAX™ enables users to target 500,000 health care providers or 380,000 verified doctors by specialty while browsing Comscore Top 500 apps and sites, while DOCTRAX MATCH™ provides list match ad targeting to specific health care professionals when they browse through more than 10,000 compliant apps and sites. With MOSEE™, users get hospital, clinic and practice targeting to mobile devices, based on distribution and claims information, as well as various diagnostic codes.
SRAXmd also offers patient and consumer ad targeting through another unique set of tools. With ROOMrx™, users can deliver mobile ads to smartphones and other mobile devices to more than 300,000 medical waiting rooms across the United States.
Another proprietary tool called CAUSErx™ allows users to target consumers and patients who participate in charity runs and walks. With more than 50,000 such events held in the U.S. every year, this targeted advertising offers access to a very large audience. Users can deliver mobile and tablet ads along the route or at hotels hosting participants in the events. Mobile ads delivered with CAUSErx™ are typically paired with desktop ads that target donors to specific causes, as registered within the six months prior to the event.
COUPON INTENDERS™ targets consumers who actively download digital coupons for over-the-counter products and prescription drugs, while SOCIALrx™ allows consumer and patient targeting via social media across all main channels – Facebook, Twitter, Instagram and Pinterest. The tool offers mobile Facebook ad targeting as well as newsfeed desktop display ads to reach specific patient categories based on demographics and psychographic information.
Collectively, the sweeping capabilities and functions of SRAXmd has opened up the door for a new age of health care industry advertising, positioning Social Reality at the forefront of change.
For more information, visit www.SocialReality.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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
The health care arm of the Social Reality Ad Exchange platform – SRAXmd (www.sraxmd.com) – combines ad network expertise with pharmaceutical advertising experience by partnering with leading publishers of medical content, associations, apps and websites.
The platform includes innovative ad tech solutions, as well as targeting and strategies developed especially for the health care market. SRAXmd allows brands and agencies to engage health care professionals, patients and consumers both within and outside of traditional medical content. The platform gives unprecedented access to a verified audience of more than 500,000 health care providers in more than 50 specialty areas; its proprietary list of over 10,000 approved sites and apps allows users to target providers by name, specialty, location of practice, and other factors.
SRAXmd’s key offerings include several proprietary apps, such as DOME™ (Doctor Optimized Mobile Engagement), which offers a new way to track conversions and raise awareness to members attending medical meetings, events and conferences. The service delivers in-app and mobile web display advertising to event participants within a 100-meter radius of convention locations.
DOCTRAX™ enables users to target 500,000 health care providers or 380,000 verified doctors by specialty while browsing Comscore Top 500 apps and sites, while DOCTRAX MATCH™ provides list match ad targeting to specific health care professionals when they browse through more than 10,000 compliant apps and sites. With MOSEE™, users get hospital, clinic and practice targeting to mobile devices, based on distribution and claims information, as well as various diagnostic codes.
SRAXmd also offers patient and consumer ad targeting through another unique set of tools. With ROOMrx™, users can deliver mobile ads to smartphones and other mobile devices to more than 300,000 medical waiting rooms across the United States.
Another proprietary tool called CAUSErx™ allows users to target consumers and patients who participate in charity runs and walks. With more than 50,000 such events held in the U.S. every year, this targeted advertising offers access to a very large audience. Users can deliver mobile and tablet ads along the route or at hotels hosting participants in the events. Mobile ads delivered with CAUSErx™ are typically paired with desktop ads that target donors to specific causes, as registered within the six months prior to the event.
COUPON INTENDERS™ targets consumers who actively download digital coupons for over-the-counter products and prescription drugs, while SOCIALrx™ allows consumer and patient targeting via social media across all main channels – Facebook, Twitter, Instagram and Pinterest. The tool offers mobile Facebook ad targeting as well as newsfeed desktop display ads to reach specific patient categories based on demographics and psychographic information.
Collectively, the sweeping capabilities and functions of SRAXmd has opened up the door for a new age of health care industry advertising, positioning Social Reality at the forefront of change.
For more information, visit www.SocialReality.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 journalists and writers, NNW is uniquely positioned to best serve private and public companies who need 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.
For more information, visit https://www.NetworkNewsWire.com
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
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