You may not have heard of Kessler’s Flying Circus (KFC), because, since its high-flying days in 2007, the FBI has clipped its wings. But while it was airborne, KFC generated over $5 million in one 12-month period by exploiting a fraudulent technique known as “cookie stuffing”. Cookie stuffing is just one pernicious technique that is costing online advertisers billions, driving the industry to rely increasingly on outfits like Grey Cloak Tech, Inc. (OTC: GRCK), a developer of industry-leading click-fraud detection software, to stop fraudsters from putting their hands in the ad revenue cookie jar.
Online advertising fraud is a growing problem. In March, a CNBC (http://nnw.fm/l1GTw) report suggested ‘that ad fraud will cost brands $16.4 billion globally this year, and that nearly 20 percent of total digital ad spend was wasted in 2016.’ Cookie stuffing is one approach favored by scammers, since it is very easy to pull off.
An FBI press release (http://nnw.fm/kXi0q) revealed just how easy as it detailed the machinations of the KFC fraud. KFC set up websites that attracted traffic quickly; one offered an app that showed the physical location of visitors to a MySpace profile. Using that app and similar ones created by KFC on its websites would ‘stuff’ a cookie into the user’s browser. Surreptitiously, the cookie included KFC’s eBay Affiliate ID number. When the user subsequently visited eBay and conducted a “revenue action”, KFC would receive a commission, even though the user did not click on an eBay ad or link.
Cookies, of course, are legitimate text files stored in a user’s browser by a website that has been visited by the user. Originally meant to store status information such as name, home address, email address and telephone number, there is increasing concern that they are now being employed to track a host of other private areas, such as the sites visited by users.
Grey Cloak Tech’s detection software can stop cookie stuffing and other forms of digital advertising deceit such as impression fraud, URL masking and click fraud. Impression fraud occurs when an ad is recorded as having being seen when it has not been seen. One technique used by fraudsters to generate these fraudulent ad impressions is to put ads in tiny one-pixel-by-one-pixel windows, which, of course, no human eye can detect. A web page can have dozens of these, which means that every visitor to the page generates impressions for ads he cannot even see.
URL masking or domain masking means that visitors to a website are stealthily directed to another website. It can be used to fool buyers into thinking they’re buying premium inventory when they are instead getting low quality placements. It has also been used to trick advertisers into running ads on sites with illicit or stolen content, which tend to generate lots of traffic but little ad revenue.
As these nefarious practices continue to grow, Grey Cloak Tech’s detection software will become increasingly important. For example, its Fraudlytic™ cloud-based, secure platform will monitor internet traffic in real time, blocking malicious and false clicks, while allowing real consumers to view offers and buy. The company has deep roots in the online advertising industry and is committed to restoring data integrity to the digital marketing industry. Fred Covely, founder, president and chief technology officer, has been involved in all aspects of software product and company development for many years. William Bossung, director and co-founder, was a partner and co-founder with Covely in a previous successful software company.
For more information, visit the company’s website at www.GreyCloakTech.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Friday, April 28, 2017
SinglePoint, Inc. (SING) is Poised for the Marijuana Tipping Point, Explains CEO in Recent Podcast
After ballots on November 8, 2016, seven more states, including California and Florida, will now permit the use of marijuana for either medical or recreational use. Currently, 29 states and the District of Columbia have passed initiatives or laws legalizing medical marijuana or regulating its adult use like alcohol or tobacco. Yet cannabis remains illegal under federal law, and banks are reluctant to open accounts for marijuana shops and dispensaries, leading to a variety of unfortunate results. It seems obvious that the current disharmony between state and federal law is not maintainable, and a tipping point when financial institutions open their doors to the marijuana industry must come. SinglePoint, Inc. (OTC: SING) expects that will happen soon and is poised to be a ‘first mover’ in providing payment solutions to the cannabis vertical through its SingleSeed payments subsidiary.
California State Treasurer John Chiang highlighted the problems facing marijuana establishments when he wrote President Trump earlier this year.
“This conflict between federal and state rules creates a number of problems for the states that have legalized cannabis use, including difficulties collecting tax revenue, increased risk of serious crime, and the inability of a newly legal industry under state law to effectively engage in banking and commerce.”
Last month, Chiang’s office announced ongoing discussions with the Cannabis Banking Working Group ‘to discuss solutions that provide greater access to banking to California’s future $7 billion legal cannabis industry. The working group was appointed to figure out how to address problems caused by the unwillingness of federally regulated banks to handle money from pot businesses.
The skittishness by banks to engage with the industry is nothing new to SinglePoint. About two years ago, the company started putting point-of-sale terminals in marijuana dispensaries in Washington and Colorado and was “doing very well until the banks shut it down,” explained Greg Lambrecht, CEO and founder of SinglePoint, in a recent podcast interview (http://nnw.fm/29Mos). However, that has not stopped SinglePoint, which continues its ‘no touch’ approach to avoid violating federal law. The company is offering dispensaries other products like text message marketing. The strategy now is to build relationship channels that can be used to capture the payments business when banking restrictions are relaxed.
This distribution strategy has worked well for CEO Greg Lambrecht in the past. He used it at PCI, a leading consumer product distribution company, where he negotiated agreements with the nation’s largest retail outlets such as 7-11 (Southland Corp), Albertson’s, and Costco that resulted in 25,000 retail accounts. Greg then led PCI through a NASDAQ-listed initial public offering (IPO), raising $10 million in the process. SingleSeed will provide point-of-sale terminals that allow patients and patrons of marijuana establishments to use their debit and credit cards to make purchases or the ability to pay by text.
SinglePoint’s ‘no touch’ strategy is evident in its recent acquisition of Convectium, which has developed ‘the world’s first’ oil-filling system for cartridges and disposable vape pens. Currently, these are filled by hand, but using Convectium’s machines, developed in China, would greatly increase productivity. Convectium’s 710Shark and 710Seal system can fill and package 100+ cartridges or disposable vape pens in 30 seconds, making it the fastest filling and sealing system of its kind. With a market that extends to over 52 countries, Convectium expects 2017 revenues to dramatically increase based on sales of the machine and repeat sales of the vials.
For more information, visit the company’s website at www.Singlepoint.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
California State Treasurer John Chiang highlighted the problems facing marijuana establishments when he wrote President Trump earlier this year.
“This conflict between federal and state rules creates a number of problems for the states that have legalized cannabis use, including difficulties collecting tax revenue, increased risk of serious crime, and the inability of a newly legal industry under state law to effectively engage in banking and commerce.”
Last month, Chiang’s office announced ongoing discussions with the Cannabis Banking Working Group ‘to discuss solutions that provide greater access to banking to California’s future $7 billion legal cannabis industry. The working group was appointed to figure out how to address problems caused by the unwillingness of federally regulated banks to handle money from pot businesses.
The skittishness by banks to engage with the industry is nothing new to SinglePoint. About two years ago, the company started putting point-of-sale terminals in marijuana dispensaries in Washington and Colorado and was “doing very well until the banks shut it down,” explained Greg Lambrecht, CEO and founder of SinglePoint, in a recent podcast interview (http://nnw.fm/29Mos). However, that has not stopped SinglePoint, which continues its ‘no touch’ approach to avoid violating federal law. The company is offering dispensaries other products like text message marketing. The strategy now is to build relationship channels that can be used to capture the payments business when banking restrictions are relaxed.
This distribution strategy has worked well for CEO Greg Lambrecht in the past. He used it at PCI, a leading consumer product distribution company, where he negotiated agreements with the nation’s largest retail outlets such as 7-11 (Southland Corp), Albertson’s, and Costco that resulted in 25,000 retail accounts. Greg then led PCI through a NASDAQ-listed initial public offering (IPO), raising $10 million in the process. SingleSeed will provide point-of-sale terminals that allow patients and patrons of marijuana establishments to use their debit and credit cards to make purchases or the ability to pay by text.
SinglePoint’s ‘no touch’ strategy is evident in its recent acquisition of Convectium, which has developed ‘the world’s first’ oil-filling system for cartridges and disposable vape pens. Currently, these are filled by hand, but using Convectium’s machines, developed in China, would greatly increase productivity. Convectium’s 710Shark and 710Seal system can fill and package 100+ cartridges or disposable vape pens in 30 seconds, making it the fastest filling and sealing system of its kind. With a market that extends to over 52 countries, Convectium expects 2017 revenues to dramatically increase based on sales of the machine and repeat sales of the vials.
For more information, visit the company’s website at www.Singlepoint.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Thursday, April 27, 2017
SinglePoint, Inc. (SING) Finds Growth Potential Outside of Mobile Payments Market
Being a publicly traded holding company gives SinglePoint, Inc. (OTC: SING) a chance to target candidate companies and help them grow. Such has been the case on the mobile technology and mobile marketing fronts. By connecting client companies to their best target markets, mobile technology can be made available at reasonable rates, but an interest in these organizations means profit potential for SinglePoint. However, the company hasn’t limited its investment opportunities. The cannabis industry is thriving as legalization (medical and/or recreational) has occurred in 29 states and counting. Expansion beyond mobile payments has enabled the company to find more opportunities for investors.
SinglePoint recently acquired a stake in Convectium, maker of an important filling and packaging machine for vape cartridges and pens. In 2016, the $6.7 billion legal cannabis market in North America was up 30 percent from 2015, according to Arcview Market Research. Illicit sales have declined, but there’s a growing market. By contrast, mobile payment transactions exceeded $8.7 billion in 2015, according to eMarketer, which forecast 210 percent growth in 2016. The more modest 30 percent growth in the legal cannabis market, however, represents the increase in momentum for legal cannabis and related products.
Convectium has set anticipated increases in sales volume to triple digits over 2016. SinglePoint’s investment not only enables Convectium to work towards its goals, but for the holdings company to diversify revenue streams. The initial stock and cash consideration continues to help grow Convectium. The marketing of the 710Shark and 710Seal system for filling and packaging disposable vape pens is financially supported. Functionality alone is driving demand, as the system can fill/package over 100 vape pens in 30 seconds.
SinglePoint is also finding growth through its SingleSeed.com subsidiary. The cashless payments solution is built on the latest technology, serving shopkeepers and consumers. Text messaging is used to connect with customers in the cannabis business and helps increase loyalty, communication, and sales. SingleSeed is even supporting the sale of non-cannabis items. Its Pay-by-Text™ offering enables mobile phone payments and provides a convenient way to make purchases at a shop or trade show, or on-the-go using a mobile phone app-like checkout page.
With its recent Convectium investment and SingleSeed initiative, the company is growing its hold on the lucrative cannabis industry. Profit and revenue are possible even without touching a single marijuana plant, as the industry continues to expand with marketable cannabis-related products. In fact, the legal market is expected to grow at 27 percent CAGR through 2021, to a level that Arcview estimates can reach $22.6 billion. An already successful holdings company, SinglePoint expects to see even more success as investments in the cannabis market are sure to increase in value.
For more information, visit the company’s website at www.Singlepoint.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
SinglePoint recently acquired a stake in Convectium, maker of an important filling and packaging machine for vape cartridges and pens. In 2016, the $6.7 billion legal cannabis market in North America was up 30 percent from 2015, according to Arcview Market Research. Illicit sales have declined, but there’s a growing market. By contrast, mobile payment transactions exceeded $8.7 billion in 2015, according to eMarketer, which forecast 210 percent growth in 2016. The more modest 30 percent growth in the legal cannabis market, however, represents the increase in momentum for legal cannabis and related products.
Convectium has set anticipated increases in sales volume to triple digits over 2016. SinglePoint’s investment not only enables Convectium to work towards its goals, but for the holdings company to diversify revenue streams. The initial stock and cash consideration continues to help grow Convectium. The marketing of the 710Shark and 710Seal system for filling and packaging disposable vape pens is financially supported. Functionality alone is driving demand, as the system can fill/package over 100 vape pens in 30 seconds.
SinglePoint is also finding growth through its SingleSeed.com subsidiary. The cashless payments solution is built on the latest technology, serving shopkeepers and consumers. Text messaging is used to connect with customers in the cannabis business and helps increase loyalty, communication, and sales. SingleSeed is even supporting the sale of non-cannabis items. Its Pay-by-Text™ offering enables mobile phone payments and provides a convenient way to make purchases at a shop or trade show, or on-the-go using a mobile phone app-like checkout page.
With its recent Convectium investment and SingleSeed initiative, the company is growing its hold on the lucrative cannabis industry. Profit and revenue are possible even without touching a single marijuana plant, as the industry continues to expand with marketable cannabis-related products. In fact, the legal market is expected to grow at 27 percent CAGR through 2021, to a level that Arcview estimates can reach $22.6 billion. An already successful holdings company, SinglePoint expects to see even more success as investments in the cannabis market are sure to increase in value.
For more information, visit the company’s website at www.Singlepoint.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
How Quest Resource Holding Corp. (NASDAQ: QRHC) Plans to Use Business Waste to Fuel Triple-Digit, Top-Line Growth
Humans are a wasteful bunch, and our habits in the business world are no different. While a minimal amount of waste in the workplace is recycled, Texas-based Quest Resource Holdings (NASDAQ: QRHC) believes the nation’s corporations can do a lot better. As a provider of sustainability, recycling and environmental services, Quest is focused on strengthening its own top line while helping large corporations reduce their operating cost and minimize their eco-footprint.
Through its Quest Resource Management Group and Early911 subsidiaries, Quest designs and manages sustainability, recycling and resource management programs for the automotive, grocery/restaurant, industrial, property management and sustainability industries. With more than 38,000 client locations across the country, Quest has managed more than 1.37 million tons of waste, including used motor oil, trash, organics, used tires and card board.
In January 2017, Quest expanded its reach into the construction and demolition (C&D) industry, which spent $1.18 billion in 2016 alone – marking the industry’s highest level of spending in a decade. According to the Department of Commerce, the increase correlates with rising demand for project services and waste management as construction companies seek to minimize risk and cost, increase insight and control, and address environmental goals of clients.
For Quest, this means opportunity. Quest leverages its national footprint and cloud-based service and reporting platform to provide clients the ability to control cost, access waste disposal alternatives, streamline logistics, and increase efficiencies. Using the C&D industry as an example of this strategy, Quest’s construction-centered offerings include general requirement services such as temporary offices, storage containers, toilets and hand washing stations, holding tanks, water tanks and dumpsters. C&D waste and recycling services include solutions for materials such as wood, concrete, roofing, drywall, metal, plastic and blast media recycling, as well as hazardous and non-hazardous waste.
These solutions are executed through a time-saving, streamlined process in which Quest handles incoming requests, schedules and manages services, and provides LEED® credit tracking and sustainability reporting, enabling busy construction managers to focus on building their projects.
To facilitate its own growth, Quest operates an organic and acquisition-based strategy that creates a base of recurring revenues generated through fees for waste and recycling services, the sale of recyclable material in the commodity market, professional services, and the sale of operational products such as waste collection containers, compacting equipment and fleet maintenance products.
In 2016, backed with a credit facility with up to $20 million in borrowing capacity, the company refined its go-to-market strategy to optimize its market opportunities and reinforce the foundation for growth. The plan enabled the expansion of existing markets, entry into new industry verticals, and wins from new and existing customers.
These initiatives enabled the company to drive fourth-quarter revenues to $45.0 million, a year-over-year increase of 2%. Full-year 2016 revenues of $184 million represent an increase of 8% from total revenues in 2015. In the fourth quarter of 2016 the company also improved its gross margin by 50 basis points to 8.2%, and narrowed its net loss to $1.3 million compared to $2.8 million for the comparable quarter of 2015.
Pivoting off this growth, the company has its sight set on a market opportunity valued at $55 billion, with anticipation for continued momentum.
“We expect improved performance in 2017, reflecting our refocused go-to-market strategy and our efforts to enhance the value add of our services portfolio. Those initiatives, including our focused approach to customer acquisition, are expected to result in 1% to 2% improvement in gross margin and positive Adjusted EBITDA by the end of 2017,” S. Ray Hatch, president and CEO of Quest, stated in the earnings release. “Long term, we expect our strategy will return the company to double-digit top-line growth. In addition, we plan to show continued growth during the next several years and have established a three-to-five-year gross margin target in the low to mid-teens and an Adjusted EBITDA margin target of 4% to 6%.”
For more information visit www.qrhc.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Through its Quest Resource Management Group and Early911 subsidiaries, Quest designs and manages sustainability, recycling and resource management programs for the automotive, grocery/restaurant, industrial, property management and sustainability industries. With more than 38,000 client locations across the country, Quest has managed more than 1.37 million tons of waste, including used motor oil, trash, organics, used tires and card board.
In January 2017, Quest expanded its reach into the construction and demolition (C&D) industry, which spent $1.18 billion in 2016 alone – marking the industry’s highest level of spending in a decade. According to the Department of Commerce, the increase correlates with rising demand for project services and waste management as construction companies seek to minimize risk and cost, increase insight and control, and address environmental goals of clients.
For Quest, this means opportunity. Quest leverages its national footprint and cloud-based service and reporting platform to provide clients the ability to control cost, access waste disposal alternatives, streamline logistics, and increase efficiencies. Using the C&D industry as an example of this strategy, Quest’s construction-centered offerings include general requirement services such as temporary offices, storage containers, toilets and hand washing stations, holding tanks, water tanks and dumpsters. C&D waste and recycling services include solutions for materials such as wood, concrete, roofing, drywall, metal, plastic and blast media recycling, as well as hazardous and non-hazardous waste.
These solutions are executed through a time-saving, streamlined process in which Quest handles incoming requests, schedules and manages services, and provides LEED® credit tracking and sustainability reporting, enabling busy construction managers to focus on building their projects.
To facilitate its own growth, Quest operates an organic and acquisition-based strategy that creates a base of recurring revenues generated through fees for waste and recycling services, the sale of recyclable material in the commodity market, professional services, and the sale of operational products such as waste collection containers, compacting equipment and fleet maintenance products.
In 2016, backed with a credit facility with up to $20 million in borrowing capacity, the company refined its go-to-market strategy to optimize its market opportunities and reinforce the foundation for growth. The plan enabled the expansion of existing markets, entry into new industry verticals, and wins from new and existing customers.
These initiatives enabled the company to drive fourth-quarter revenues to $45.0 million, a year-over-year increase of 2%. Full-year 2016 revenues of $184 million represent an increase of 8% from total revenues in 2015. In the fourth quarter of 2016 the company also improved its gross margin by 50 basis points to 8.2%, and narrowed its net loss to $1.3 million compared to $2.8 million for the comparable quarter of 2015.
Pivoting off this growth, the company has its sight set on a market opportunity valued at $55 billion, with anticipation for continued momentum.
“We expect improved performance in 2017, reflecting our refocused go-to-market strategy and our efforts to enhance the value add of our services portfolio. Those initiatives, including our focused approach to customer acquisition, are expected to result in 1% to 2% improvement in gross margin and positive Adjusted EBITDA by the end of 2017,” S. Ray Hatch, president and CEO of Quest, stated in the earnings release. “Long term, we expect our strategy will return the company to double-digit top-line growth. In addition, we plan to show continued growth during the next several years and have established a three-to-five-year gross margin target in the low to mid-teens and an Adjusted EBITDA margin target of 4% to 6%.”
For more information visit www.qrhc.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Wednesday, April 26, 2017
ChineseInvestors.com, Inc. (CIIX) Raises Funds through a Private Placement, Sales of Equities, and Preferred Stock Offerings
ChineseInvestors.com, Inc. (OTCQB: CIIX) is raising funds in a series of offerings, equity sales and a private placement to meet its liquidity needs, even as it reported a 95% gain in its year-over-year operating revenues for the three months ended February 28, 2017. It has begun a private placement of a new series of its preferred stock to its Canadian investors. In 2016, it realized $2.3 million in proceeds from its stock sales of Medicine Man Technologies, Inc.
ChineseInvestors.com is a company which, in real-time in the Chinese language, provides analysis and educational services. It also offers consulting and advertising servies to its members. It is now focusing on the growing cannabis sector, developing online and store sales of hemp-based CBD health products. Warren Wang, chief executive officer of CIIX, said the company is in the final stages of developing websites, retail channels and marketing campaigns for the product line.
In the quarter ended February 28, 2017, it raised $5,000,043 from an offering of its Series C-2016 preferred stock. Additionally, the investors of the final $350,150 in that over-subscribed offering agreed to keep their funds on deposit with the company pending the company’s next securities placement. It was recorded on the balance sheet as an investors’ deposit. CIIX raised some $1,996,939 in cash in the nine months ended February 28, 2017, from its holdings in MDCL stock. The company still retains 41,238 shares of MDCL stock, representing $79,588 in value based on a closing market price of $1.93.
Even as its own sales performance grows, CIIX says that, since its inception, it has relied on proceeds from private placements and sales of shares of its equity securities to fund its operations. In the past two years, CIIX has realized proceeds of $2,605,000 from the issuance of its Series B-2014 stock.
For more information, visit the company’s website at www.ChineseInvestors.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
ChineseInvestors.com is a company which, in real-time in the Chinese language, provides analysis and educational services. It also offers consulting and advertising servies to its members. It is now focusing on the growing cannabis sector, developing online and store sales of hemp-based CBD health products. Warren Wang, chief executive officer of CIIX, said the company is in the final stages of developing websites, retail channels and marketing campaigns for the product line.
In the quarter ended February 28, 2017, it raised $5,000,043 from an offering of its Series C-2016 preferred stock. Additionally, the investors of the final $350,150 in that over-subscribed offering agreed to keep their funds on deposit with the company pending the company’s next securities placement. It was recorded on the balance sheet as an investors’ deposit. CIIX raised some $1,996,939 in cash in the nine months ended February 28, 2017, from its holdings in MDCL stock. The company still retains 41,238 shares of MDCL stock, representing $79,588 in value based on a closing market price of $1.93.
Even as its own sales performance grows, CIIX says that, since its inception, it has relied on proceeds from private placements and sales of shares of its equity securities to fund its operations. In the past two years, CIIX has realized proceeds of $2,605,000 from the issuance of its Series B-2014 stock.
For more information, visit the company’s website at www.ChineseInvestors.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
ProBility Media Corp. (PBYA) Positioned for Market Dominance
Employment in the U.S. has undergone profound changes over the last several decades. Workers have been forced to adapt to the new realities of the workplace, and additional skills are required to be competitive. Occupations requiring more education and training are on the rise, and many workers have come to realize that retraining and upgrading their skills is necessary to land and retain a good job.
Although manufacturing in the U.S. hasn’t declined as an industry, and has actually grown in output, manufacturing employment has gone down by about a third since 1990. Automation, global outsourcing, and shifting economic priorities have driven significant changes in the American workplace. Employment opportunities increasingly lie in jobs that require higher level training and technical or analytical skills.
ProBility Media Corp. (OTCQB: PBYA) plays a major role in meeting this fast growing demand for job training and continuing education in the new economy. The company is one of the leading online providers of career advancement and training content for tradesman and technical experts. By building the first full-service training and career advancement brand in the technical fields, ProBility is changing the landscape of the skilled trades training and certification industry.
The company is committed to preparing individuals with training, support, and continued education. ProBility provides people with the training and skills needed to land and retain good jobs. Through targeted acquisitions, the company also has become one of the go-to sources for e-learning and training content, exam preparation, testing, certification, continuing education, and career advancement tools for engineers and tradesmen. The broad collection of the company’s comprehensive educational programs is unparalleled, providing individuals and institutions with the skill sets needed to succeed. ProBility intends to organically grow revenues from current operations while also strategically acquiring synergistic companies operating in the multiple fields that they service. Successful execution of its strategy would easily place ProBility in a position of market dominance.
For more information, visit the company’s website at www.ProBilityMedia.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Although manufacturing in the U.S. hasn’t declined as an industry, and has actually grown in output, manufacturing employment has gone down by about a third since 1990. Automation, global outsourcing, and shifting economic priorities have driven significant changes in the American workplace. Employment opportunities increasingly lie in jobs that require higher level training and technical or analytical skills.
ProBility Media Corp. (OTCQB: PBYA) plays a major role in meeting this fast growing demand for job training and continuing education in the new economy. The company is one of the leading online providers of career advancement and training content for tradesman and technical experts. By building the first full-service training and career advancement brand in the technical fields, ProBility is changing the landscape of the skilled trades training and certification industry.
The company is committed to preparing individuals with training, support, and continued education. ProBility provides people with the training and skills needed to land and retain good jobs. Through targeted acquisitions, the company also has become one of the go-to sources for e-learning and training content, exam preparation, testing, certification, continuing education, and career advancement tools for engineers and tradesmen. The broad collection of the company’s comprehensive educational programs is unparalleled, providing individuals and institutions with the skill sets needed to succeed. ProBility intends to organically grow revenues from current operations while also strategically acquiring synergistic companies operating in the multiple fields that they service. Successful execution of its strategy would easily place ProBility in a position of market dominance.
For more information, visit the company’s website at www.ProBilityMedia.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Net Element, Inc. (NASDAQ: NETE) Focuses On Revenue Growth, New Funding
Net Element, Inc. (NASDAQ: NETE) is already working on both its funding needs and the performance of its Mobile Solutions Segment, as cited by SeeThruEquity’s updated report of April 12, 2017 (http://nnw.fm/w1vK5). In the report, the equity research firm maintained its price target on NETE stock of $2.45 per share. The company in FY2016 reported $54.3 million in sales, representing a 35% gain over the $40.2 million revenues in the 12 months of 2015. SeeThruEquity now projects Net Element’s 2017 sales as reaching $62.9 million.
Net Element is a global financial technology group that processes electronic payments in an omni-channel environment, including e-commerce, point-of-sale and mobile devices. It is segmented into three groups: North America Transaction Solutions, Mobile Payment Solutions and Online Payment Solutions. The firm also provides analytical tools, fraud management, and point-of-sale solutions.
In the report, SeeThruEquity made note that North American Transactions, and its processing, drove company sales in 2016, generating $42.1 million, a 54% jump from the 2015 revenues. Its sales accounted for 78% of total Net Element revenues in 2016. The research firm expressed concern about the performance of the Mobile Solutions segment, which experienced a 34% drop in sales in 2016 to $6 million. Also, it noted Net Element’s balance sheet, asserting that it will require more than $5 million to meet its marketing plan over the next 12 months and repay the debt incurred in its PayOnline acquisition.
Yet, SeeThruEquity said it is intrigued by the company’s high risk/high reward profile in the financial technology sector. It added that Net Element is broadly following SeeThruEquity’s expectations following its 3Q16 financial results and reverse stock split. Its 2017 revenue projection for Net Element is based on continued growth in North America transaction processing and online payments. It has already factored in a decline in mobile payments.
On March 1, 2017, Net Element entered into an 18-month promissory note with Star Equities LLC in the amount of $348,083, the company said in its SEC 10K for the year ended December 31, 2016 (http://nnw.fm/TrU23). A balloon payment is due in September 2018. Oleg Firer, CEO and director of Net Element, is also chairman and managing member of Star Equities. Net Element also said that the number of payments processed through its Mobile Payment Solutions segment declined by 19% in 2016 and that was due to a shifted business model. The company now has moved to a subscription/recurring payment model from its one-time transactional business of the past.
For more information, refer to www.NetElement.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Net Element is a global financial technology group that processes electronic payments in an omni-channel environment, including e-commerce, point-of-sale and mobile devices. It is segmented into three groups: North America Transaction Solutions, Mobile Payment Solutions and Online Payment Solutions. The firm also provides analytical tools, fraud management, and point-of-sale solutions.
In the report, SeeThruEquity made note that North American Transactions, and its processing, drove company sales in 2016, generating $42.1 million, a 54% jump from the 2015 revenues. Its sales accounted for 78% of total Net Element revenues in 2016. The research firm expressed concern about the performance of the Mobile Solutions segment, which experienced a 34% drop in sales in 2016 to $6 million. Also, it noted Net Element’s balance sheet, asserting that it will require more than $5 million to meet its marketing plan over the next 12 months and repay the debt incurred in its PayOnline acquisition.
Yet, SeeThruEquity said it is intrigued by the company’s high risk/high reward profile in the financial technology sector. It added that Net Element is broadly following SeeThruEquity’s expectations following its 3Q16 financial results and reverse stock split. Its 2017 revenue projection for Net Element is based on continued growth in North America transaction processing and online payments. It has already factored in a decline in mobile payments.
On March 1, 2017, Net Element entered into an 18-month promissory note with Star Equities LLC in the amount of $348,083, the company said in its SEC 10K for the year ended December 31, 2016 (http://nnw.fm/TrU23). A balloon payment is due in September 2018. Oleg Firer, CEO and director of Net Element, is also chairman and managing member of Star Equities. Net Element also said that the number of payments processed through its Mobile Payment Solutions segment declined by 19% in 2016 and that was due to a shifted business model. The company now has moved to a subscription/recurring payment model from its one-time transactional business of the past.
For more information, refer to www.NetElement.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Tuesday, April 25, 2017
ProBility Media Corp. (PBYA) Becomes Top Source for Construction Industry Training with Recent Acquisitions
Since its March acquisition of One Exam Prep LLC, ProBility Media Corp. (OTCQB: PBYA) has been positioned to become one of the leading resources for training, testing, certification, and continuing education in the construction industry. The company is expanding into industries beyond the electrical contractors, fabricators, pipe fitters, plumbing contractors, and engineering firms that it currently serves. Thanks to the acquisition of Florida-based One Exam Prep, it can offer online continuing education and certification in over 20 states. The present goal is to expand these offerings to all 50 states.
ProBility also offers virtual reality training. This state-of-the-art training system is currently designed for customers looking to work in the crane business. It is also being expanded, so virtual reality training will soon be available for several different industries. In addition, the company now has access to One Exam Prep’s over 70 contractor licensing and continuing education domains, and hundreds of online and classroom-based courses.
The multi-year consulting agreement, with One Exam’s founder Rob Estell, runs until the end of the year 2020, and includes a salary and annual performance bonus based on the acquisition’s profits and revenues. Also, the agreement includes a non-recourse secured convertible promissory note. This has a cash value of $300,000. For Q1, ended January 31, 2017, ProBility Media itself reported revenue exceeding $1 million, a year-over-year increase of 24 percent.
In 1946, what is now ProBility Media Corp. began as a small bookstore in Houston, Texas. Today, it offers much of its skills training and education via the cloud. The One Exam Prep acquisition comes after the acquisition of Premier Purchasing and Marketing Alliance LLC (operating as National Electric Wholesale Providers (NEWP), which provides study materials to electricians, covering materials such as the National Electric Code in the United States. Serving numerous multi-billion dollar companies, NEWP is one of the largest National Electrical Codes wholesalers in the country. It supplies distributors with e-books, mobile applications, and downloadable digital files as well, further demonstrating ProBility’s commitment to the digital realm.
ProBility also provides crane-rigging training/certification in compliance with OSHA-ANSI requirements as part of a publishing and distribution deal with All Purpose Crane Training. The One Exam Prep acquisition, however, is taking things to a new level, as enterprises of any size can take advantage of traditional and online classes from the high school level to career placement. Presently, the ProBility training resources cover 15 major categories and education, career advancement, and testing opportunities in over 60 skilled, in-demand trades.
The company also expects its technology-driven construction training and education services to eventually be offered internationally. For now, its services are reinforcing continuous workplace learning and allowing workers all over the country to begin and advance their careers. ProBility’s unprecedented growth is showing in other ways, too. Recently, OTC Markets uplisted the company to the QB Tier, which requires annual certification and consistent reporting with the Securities and Exchange Commission. Its string of successful acquisitions, including One Exam Prep LLC, proves that the company is quickly becoming a leader in construction industry education, training, and certification in many high-demand fields.
For more information, visit the company’s website at www.ProBilityMedia.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
ProBility also offers virtual reality training. This state-of-the-art training system is currently designed for customers looking to work in the crane business. It is also being expanded, so virtual reality training will soon be available for several different industries. In addition, the company now has access to One Exam Prep’s over 70 contractor licensing and continuing education domains, and hundreds of online and classroom-based courses.
The multi-year consulting agreement, with One Exam’s founder Rob Estell, runs until the end of the year 2020, and includes a salary and annual performance bonus based on the acquisition’s profits and revenues. Also, the agreement includes a non-recourse secured convertible promissory note. This has a cash value of $300,000. For Q1, ended January 31, 2017, ProBility Media itself reported revenue exceeding $1 million, a year-over-year increase of 24 percent.
In 1946, what is now ProBility Media Corp. began as a small bookstore in Houston, Texas. Today, it offers much of its skills training and education via the cloud. The One Exam Prep acquisition comes after the acquisition of Premier Purchasing and Marketing Alliance LLC (operating as National Electric Wholesale Providers (NEWP), which provides study materials to electricians, covering materials such as the National Electric Code in the United States. Serving numerous multi-billion dollar companies, NEWP is one of the largest National Electrical Codes wholesalers in the country. It supplies distributors with e-books, mobile applications, and downloadable digital files as well, further demonstrating ProBility’s commitment to the digital realm.
ProBility also provides crane-rigging training/certification in compliance with OSHA-ANSI requirements as part of a publishing and distribution deal with All Purpose Crane Training. The One Exam Prep acquisition, however, is taking things to a new level, as enterprises of any size can take advantage of traditional and online classes from the high school level to career placement. Presently, the ProBility training resources cover 15 major categories and education, career advancement, and testing opportunities in over 60 skilled, in-demand trades.
The company also expects its technology-driven construction training and education services to eventually be offered internationally. For now, its services are reinforcing continuous workplace learning and allowing workers all over the country to begin and advance their careers. ProBility’s unprecedented growth is showing in other ways, too. Recently, OTC Markets uplisted the company to the QB Tier, which requires annual certification and consistent reporting with the Securities and Exchange Commission. Its string of successful acquisitions, including One Exam Prep LLC, proves that the company is quickly becoming a leader in construction industry education, training, and certification in many high-demand fields.
For more information, visit the company’s website at www.ProBilityMedia.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
ORHub, Inc. (ORHB) HITECH SaaS Platform Set to Transform Operating Rooms to Value-based Model
In 2009, the Health Information Technology for Economic and Clinical Health Act (HITECH) provided $19 billion to increase the use of Electronic Health Records (EHR) by physicians and hospitals. A big chunk of that was to be spent by the Centers for Medicare & Medicaid Services (CMS), through which about 30 percent of national health expenditure passes. The CMS administers the reimbursement programs not only for Medicare and Medicaid but for the Children’s Health Insurance Program (CHIP) and the Health Insurance Marketplace. It is also in the forefront of the drive to shift U.S. health care from a fee-for-service model to a fee-for-value one. ORHub, Inc. (OTC: ORHB), the developer of a cloud-based health care software-as-a-service platform designed to decrease costs and improve outcomes in surgical care, is also focused on this monumental shift within the nation’s health care system.
The McKesson Corporation (NYSE: MCK), the oldest and largest health care company in the nation, has identified what is required to make the change to a fee-for-value system (http://nnw.fm/SO0ln). The present “siloed” system with individual hospitals each maintaining a separate database must morph into a network that shares information. This will increase care coordination and scale effective interventions with the patient population.
A network system will also allow data from its care provider ‘nodes’ to be acquired, aggregated and analyzed across the network. It will also integrate the clinical and financial aspects of providing care and so increase awareness of costs and the ability to measure and control them.
In one critical area of health care – surgery – ORHub’ cloud-based software platform is already addressing those challenges. It has been implemented in two major hospitals in California as part of programs to improve surgical resource management. ORHub empowers care providers at every stage of the surgical process to collaborate, organize, deliver, measure, and reimburse in one intuitive, easy-to-use program. This significantly decreases cost and improves outcomes by eliminating inefficiencies, duplication of effort, errors and omissions that result from siloed processes in outdated software and poor handoffs from one part of the care process to another.
Even with increasing adoption of EHR systems, many care providers still rely on a paper-based methodology to document information related to surgical procedures and to track events in the operating theater, from the details of a procedure to the implants and tools used. This leads to mistakes, wasted time, missing data, delays or lack of payment, and little opportunity for analysis and improvement.
The ORHub platform is designed to mitigate or correct the shortcomings of traditional systems. It eliminates errors caused by poor handwriting. It reduces the risk of mistakes by allowing users to select from pre-loaded sets of detailed implants and tools rather than relying on memory or catalogue numbers alone. It further reduces errors by requiring verification and sign-off from multiple users before completing a case. It creates purchase orders and implant records automatically based on the case record, saving time and improving reliability. It also fits within existing operating room workflow and requirements, streamlining tasks to save time. And it enables rich data analysis across all of a hospital’s cases tracked through ORHub.
ORHub plans to gain a dominant share of the device implant and biologic inventory management market, which the company estimates at about 7,000,000 surgeries annually, a number that is expected to grow with demographic trends. The company will focus its initial marketing efforts on major national hospital operations.
ORHub is transforming the business of surgery. By creating a new category of health care IT vertical specific software known as Surgical Resource Management, the company is offering enhanced capabilities over traditional EHR solutions in the operating room. The ORHub platform is a HITECH SaaS platform, which employs Microsoft’s Azure Cloud.
For more information, visit the company’s website at www.ORhub.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
The McKesson Corporation (NYSE: MCK), the oldest and largest health care company in the nation, has identified what is required to make the change to a fee-for-value system (http://nnw.fm/SO0ln). The present “siloed” system with individual hospitals each maintaining a separate database must morph into a network that shares information. This will increase care coordination and scale effective interventions with the patient population.
A network system will also allow data from its care provider ‘nodes’ to be acquired, aggregated and analyzed across the network. It will also integrate the clinical and financial aspects of providing care and so increase awareness of costs and the ability to measure and control them.
In one critical area of health care – surgery – ORHub’ cloud-based software platform is already addressing those challenges. It has been implemented in two major hospitals in California as part of programs to improve surgical resource management. ORHub empowers care providers at every stage of the surgical process to collaborate, organize, deliver, measure, and reimburse in one intuitive, easy-to-use program. This significantly decreases cost and improves outcomes by eliminating inefficiencies, duplication of effort, errors and omissions that result from siloed processes in outdated software and poor handoffs from one part of the care process to another.
Even with increasing adoption of EHR systems, many care providers still rely on a paper-based methodology to document information related to surgical procedures and to track events in the operating theater, from the details of a procedure to the implants and tools used. This leads to mistakes, wasted time, missing data, delays or lack of payment, and little opportunity for analysis and improvement.
The ORHub platform is designed to mitigate or correct the shortcomings of traditional systems. It eliminates errors caused by poor handwriting. It reduces the risk of mistakes by allowing users to select from pre-loaded sets of detailed implants and tools rather than relying on memory or catalogue numbers alone. It further reduces errors by requiring verification and sign-off from multiple users before completing a case. It creates purchase orders and implant records automatically based on the case record, saving time and improving reliability. It also fits within existing operating room workflow and requirements, streamlining tasks to save time. And it enables rich data analysis across all of a hospital’s cases tracked through ORHub.
ORHub plans to gain a dominant share of the device implant and biologic inventory management market, which the company estimates at about 7,000,000 surgeries annually, a number that is expected to grow with demographic trends. The company will focus its initial marketing efforts on major national hospital operations.
ORHub is transforming the business of surgery. By creating a new category of health care IT vertical specific software known as Surgical Resource Management, the company is offering enhanced capabilities over traditional EHR solutions in the operating room. The ORHub platform is a HITECH SaaS platform, which employs Microsoft’s Azure Cloud.
For more information, visit the company’s website at www.ORhub.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Monday, April 24, 2017
India Globalization Capital, Inc. (NYSE: IGC) is a First Mover in Cannabinoid Combination Therapies
The success of the Walkman back in the 1980s is testament to the power of getting to market first. By some accounts, Sony sold over 200 million units of its innovative portable cassette player (http://nnw.fm/H6spU). Now, India Globalization Capital, Inc. (NYSE MKT: IGC) is taking a leaf from the Sony playbook. This pioneering company is a ‘first mover’ in the cannabinoid combination therapy space. IGC is developing a portfolio of products that use cannabinoids in conjunction with existing drugs to tackle chronic pain and a variety of other debilitating medical conditions.
Chronic pain from a range of ailments plagues millions around the world, and many of the analgesics employed to treat it, such as morphine, codeine, and hydrocodone, are opioids. However, opioids are notoriously addictive and their use is often subverted from pain relief. Used as recreational drugs, ‘opioid addiction is America’s 50-state epidemic’, the New York Times has reported (http://nnw.fm/8UBpU), with an effect that is fatal in many instances. According to the Centers for Disease Control (CDC), 29,000 Americans die every year from opioid-related overdoses. In light of these frightening developments, there is a growing imperative for less addictive anodynes.
The time is right. Results, published on Monday, April 17, of a Yahoo/Marist poll (http://nnw.fm/5BvcE) show that the public is not only becoming more apprehensive about opioids, but is warming to the use of cannabinoids to treat pain. ‘Two-thirds of the respondents in the telephone survey said opioid drugs such as Vicodin or OxyContin are “riskier” to use than pot, even when the pain pills are prescribed by a doctor.’ They will be happy to hear that IGC is coming to the rescue. The company has filed a patent for IGC-501, a cannabis-based formulation that addresses neuropathic and arthritic pain in joints and muscles using a variety of delivery techniques. IGC expects to begin pre-clinical trials for IGC-501 this year. Since approximately 80 percent of the global opioid supply is consumed in the United States, this presents a domestic market opportunity estimated at about $25 billion.
IGC-501, with its potential to replace treacherously addictive opioids, is not all that IGC has up its sleeve. The company has a robust portfolio of five other combination drug candidates with both human and veterinary applications. It has filed two patents, IGC-502 and IGC-505, for the treatment of seizures in dogs and cats. Most animal seizures stem from epilepsy, which is more common in dogs and cats than formerly recognized. About five percent of dogs and about one percent of cats are epileptic.
It also has IGC-503, aimed at refractory epilepsy, a term that’s used to describe cases of epilepsy that are unresponsive to current medications. Refractory epilepsy affects about 50 million in the U.S. alone. In the pipeline as well is IGC-504, intended for those who suffer from cachexia, known as wasting syndrome. About 1.3 million in the U.S. experience cachexia associated with cancer, multiple sclerosis (MS), Parkinson’s, HIV/AIDS and other devastating maladies. In addition, there is IGC-506, designed to combat eating disorders, which are said to affect about 30 million Americans (http://nnw.fm/v3LfJ).
IGC is out to save the world, it seems. Earlier this month, the company announced it had filed patent applications for IGC-501 in Canada, Israel and Europe in support of its ongoing cannabis-based combination therapy development initiatives.
“In 2017, our goal is to accelerate the development of our cannabis-based therapy portfolio to support key indications such as pain, seizures, cachexia, PTSD, and depression. In tandem, we expect to initiate pre-clinical trials on IGC-501-pain, IGC-502-seizures and IGC-504-cachexia,” CEO Ram Mukunda stated in a news release.
That is welcome news to the many millions who suffer daily from these conditions.
For more information, visit the company’s website at www.IGCinc.us
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Chronic pain from a range of ailments plagues millions around the world, and many of the analgesics employed to treat it, such as morphine, codeine, and hydrocodone, are opioids. However, opioids are notoriously addictive and their use is often subverted from pain relief. Used as recreational drugs, ‘opioid addiction is America’s 50-state epidemic’, the New York Times has reported (http://nnw.fm/8UBpU), with an effect that is fatal in many instances. According to the Centers for Disease Control (CDC), 29,000 Americans die every year from opioid-related overdoses. In light of these frightening developments, there is a growing imperative for less addictive anodynes.
The time is right. Results, published on Monday, April 17, of a Yahoo/Marist poll (http://nnw.fm/5BvcE) show that the public is not only becoming more apprehensive about opioids, but is warming to the use of cannabinoids to treat pain. ‘Two-thirds of the respondents in the telephone survey said opioid drugs such as Vicodin or OxyContin are “riskier” to use than pot, even when the pain pills are prescribed by a doctor.’ They will be happy to hear that IGC is coming to the rescue. The company has filed a patent for IGC-501, a cannabis-based formulation that addresses neuropathic and arthritic pain in joints and muscles using a variety of delivery techniques. IGC expects to begin pre-clinical trials for IGC-501 this year. Since approximately 80 percent of the global opioid supply is consumed in the United States, this presents a domestic market opportunity estimated at about $25 billion.
IGC-501, with its potential to replace treacherously addictive opioids, is not all that IGC has up its sleeve. The company has a robust portfolio of five other combination drug candidates with both human and veterinary applications. It has filed two patents, IGC-502 and IGC-505, for the treatment of seizures in dogs and cats. Most animal seizures stem from epilepsy, which is more common in dogs and cats than formerly recognized. About five percent of dogs and about one percent of cats are epileptic.
It also has IGC-503, aimed at refractory epilepsy, a term that’s used to describe cases of epilepsy that are unresponsive to current medications. Refractory epilepsy affects about 50 million in the U.S. alone. In the pipeline as well is IGC-504, intended for those who suffer from cachexia, known as wasting syndrome. About 1.3 million in the U.S. experience cachexia associated with cancer, multiple sclerosis (MS), Parkinson’s, HIV/AIDS and other devastating maladies. In addition, there is IGC-506, designed to combat eating disorders, which are said to affect about 30 million Americans (http://nnw.fm/v3LfJ).
IGC is out to save the world, it seems. Earlier this month, the company announced it had filed patent applications for IGC-501 in Canada, Israel and Europe in support of its ongoing cannabis-based combination therapy development initiatives.
“In 2017, our goal is to accelerate the development of our cannabis-based therapy portfolio to support key indications such as pain, seizures, cachexia, PTSD, and depression. In tandem, we expect to initiate pre-clinical trials on IGC-501-pain, IGC-502-seizures and IGC-504-cachexia,” CEO Ram Mukunda stated in a news release.
That is welcome news to the many millions who suffer daily from these conditions.
For more information, visit the company’s website at www.IGCinc.us
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Moxian, Inc. (NASDAQ: MOXC) Targets O2O Market in China as Social Media Plays Larger Role in Growing Apparel, Dining Revenue
Moxian, Inc. (NASDAQ: MOXC) is committed to growth in China’s online-to-offline (O2O) retail market, which is predicted by the Chinese to reach $48 billion in 1H17. Social media, an important part of Moxian’s marketing strategy, is playing a growing role in generating e-commerce apparel and dining revenues, research shows. A report by McKinsey & Company finds that the online market is changing retail buying patterns within China. Moxian is a high technology company which is transitioning to paid platforms that offer access to the O2O market and social media sites and away from its initial non-paid business and consumer apps.
The company’s business app is Moxian+ Business, targeted to China’s brick-and-mortar small- and medium-sized business enterprises (SMEs) as they seek to develop social media sites and select from Moxian’s suite of online business tools. The Shenzhen-based company also offers the paid Moxian+ app to consumers in China. Its revenue stream is designed to come from paid mobile advertising, a percentage of all transactions, subscription revenue, and OEM and distribution license fees. The company is focusing on its current 31,600 business users and more than 300,000 consumers. In its initial research report on Moxian (http://nnw.fm/2zcAI), in February 2017, SeeThruEquity acknowledged that company management believes sales can reach $11 million in 2017, making the company cash break even by the end of this year if those sales goals are met, the report said.
The April 2016 report by McKinsey & Company, Consumer China 2016 Survey (http://nnw.fm/QHb20), sees greater penetration by O2O in lower tier cities. E-commerce accounts for 13.5% of all retail spending in China, the survey reports. McKinsey also found that multiple screen users — those that own mobile devices, tablets, and computers — are more intense online shoppers than those who have smart mobile phones alone. Multiple device owners spend 17% more than users who have only mobile phones, and they also shop in 29% more categories. A total of 14% more multi-screen owners interact with businesses through social networks, now using such platforms as WeChat.
Social media is playing a larger role in generating e-commerce sales, the study found. Half of the digital consumers surveyed by McKinsey used social media for product research and recommendations. McKinsey found that social media was not just a background research tool, but an active driver of actual online purchases. McKinsey found that social media was important in impulse buys, such as for apparel and personal care. McKinsey said it sees considerable opportunity for brands and retailers to reach customers on social platforms. In particular, dining and travel are two segments for growth in the O2O marketplace, it said.
The study also found that consumer electronics and small appliances have been basic e-commerce retail sellers in China, generating some 30% of their retail sales online. Apparel needs to grow its entire online experience, from style advice and returns/exchanges, to extend its online value share — now stuck in the low 20s. Food spending online remains at only 5% of total food spending for users. Online remains convenient for food buyers, but the average food basket size, at less than $15, suggests that consumers are still not doing most of their grocery shopping via e-commerce.
Lower tier cities also have a lot of e-commerce potential in China, McKinsey found. There are 74 million more online shoppers there than in high tier cities. Yet, 160 million people in these low tier cities have not even started shopping online. To grow, online markets will need to use data analytics to reach consumer market segments, developing up selling and cross-marketing efforts.
For more information, visit www.Moxian.com
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Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
The company’s business app is Moxian+ Business, targeted to China’s brick-and-mortar small- and medium-sized business enterprises (SMEs) as they seek to develop social media sites and select from Moxian’s suite of online business tools. The Shenzhen-based company also offers the paid Moxian+ app to consumers in China. Its revenue stream is designed to come from paid mobile advertising, a percentage of all transactions, subscription revenue, and OEM and distribution license fees. The company is focusing on its current 31,600 business users and more than 300,000 consumers. In its initial research report on Moxian (http://nnw.fm/2zcAI), in February 2017, SeeThruEquity acknowledged that company management believes sales can reach $11 million in 2017, making the company cash break even by the end of this year if those sales goals are met, the report said.
The April 2016 report by McKinsey & Company, Consumer China 2016 Survey (http://nnw.fm/QHb20), sees greater penetration by O2O in lower tier cities. E-commerce accounts for 13.5% of all retail spending in China, the survey reports. McKinsey also found that multiple screen users — those that own mobile devices, tablets, and computers — are more intense online shoppers than those who have smart mobile phones alone. Multiple device owners spend 17% more than users who have only mobile phones, and they also shop in 29% more categories. A total of 14% more multi-screen owners interact with businesses through social networks, now using such platforms as WeChat.
Social media is playing a larger role in generating e-commerce sales, the study found. Half of the digital consumers surveyed by McKinsey used social media for product research and recommendations. McKinsey found that social media was not just a background research tool, but an active driver of actual online purchases. McKinsey found that social media was important in impulse buys, such as for apparel and personal care. McKinsey said it sees considerable opportunity for brands and retailers to reach customers on social platforms. In particular, dining and travel are two segments for growth in the O2O marketplace, it said.
The study also found that consumer electronics and small appliances have been basic e-commerce retail sellers in China, generating some 30% of their retail sales online. Apparel needs to grow its entire online experience, from style advice and returns/exchanges, to extend its online value share — now stuck in the low 20s. Food spending online remains at only 5% of total food spending for users. Online remains convenient for food buyers, but the average food basket size, at less than $15, suggests that consumers are still not doing most of their grocery shopping via e-commerce.
Lower tier cities also have a lot of e-commerce potential in China, McKinsey found. There are 74 million more online shoppers there than in high tier cities. Yet, 160 million people in these low tier cities have not even started shopping online. To grow, online markets will need to use data analytics to reach consumer market segments, developing up selling and cross-marketing efforts.
For more information, visit www.Moxian.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Friday, April 21, 2017
Epilepsy Patients are the New Focus of ChineseInvestors.com, Inc.’s (CIIX) CBD Health Products
In China, there are close to 10 million epilepsy patients, the Chinese Overseas Medical Advisory Service Center estimates. There is no cure in the country, although risky surgery is sometimes performed in the U.S., where there are over three million people living with epilepsy. Many patients rely on Chinese herbs for temporary control. However, ChineseInvestors.com’s (OTCQB: CIIX) current development plan includes making cannabidiol (CBD) products available online for people with epilepsy and Alzheimer’s disease. Its online store (ChineseCBDoil.com) and Yelp-style mobile application are helping to serve Chinese-speaking consumers around the world, and investors as well, with a reach into the $202 million U.S. CBD industry (based on 2015 consumer sales), which is expected to exceed $2 billion by 2020.
Cannabis was used as a medicinal substance in China as early as 2700 BCE, and it was later used across India and the Middle East. Epilepsy patients were treated with cannabis as early as the 11th century. This application was studied in Europe in the 19th century, and research into the medical use of cannabis compounds took place throughout the 1930s and 1940s. Progress was hindered in 1970 as the U.S. Controlled Substances Act prohibited the production and use of any cannabis product. Today, cannabis-based products are gaining ground, and CIIX is paying close attention to the market.
A United Press International (UPI) report in December 2016 (http://nnw.fm/61liK) cited two clinical trials that found cannabidiol reduced the frequency of seizures in adults and children. In these studies, CBD was used in patients with Lennox-Gastaut syndrome and Dravet syndrome, which are rare, hard-to-treat forms of epilepsy. University of Alabama researchers found that CBD does reduce the frequency and severity of seizures, but not all patients exhibited the same benefits. Research has also indicated that CBD could interact with anti-seizure medications, causing decreases in liver function and sedation. Researchers also weren’t sure if mild to moderate side effects such as decreased appetite, sleepiness, vomiting, or diarrhea were associated with CBD.
Nonetheless, the popularity of CBD and cannabis-based products is adding fuel to the fire, and CIIX isn’t holding back either. It’s investing in enterprises focused on research and development. These include businesses studying CBD’s impact on epilepsy. Parents and caretakers have not been waiting for approval of cannabis products or traditional drugs to be approved by the U.S. Food and Drug Administration. Many have already obtained medical cannabis and seen positive results. Even the American Epilepsy Society has taken a stance, referencing anecdotal reports on the use of marijuana derivative cannabidiol in patients with treatment-resistant seizures (http://nnw.fm/Gcq6N). It has called on both government and private funders to support research, so there’s more scientific data on the effectiveness of CBD as an epilepsy treatment.
Cannabidiol is gaining ground in the North American market. Legal in 50 states, it’s considered a food nutrient and is exported to China and over 40 other countries.
For more information, visit the company’s website at www.ChineseInvestors.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Cannabis was used as a medicinal substance in China as early as 2700 BCE, and it was later used across India and the Middle East. Epilepsy patients were treated with cannabis as early as the 11th century. This application was studied in Europe in the 19th century, and research into the medical use of cannabis compounds took place throughout the 1930s and 1940s. Progress was hindered in 1970 as the U.S. Controlled Substances Act prohibited the production and use of any cannabis product. Today, cannabis-based products are gaining ground, and CIIX is paying close attention to the market.
A United Press International (UPI) report in December 2016 (http://nnw.fm/61liK) cited two clinical trials that found cannabidiol reduced the frequency of seizures in adults and children. In these studies, CBD was used in patients with Lennox-Gastaut syndrome and Dravet syndrome, which are rare, hard-to-treat forms of epilepsy. University of Alabama researchers found that CBD does reduce the frequency and severity of seizures, but not all patients exhibited the same benefits. Research has also indicated that CBD could interact with anti-seizure medications, causing decreases in liver function and sedation. Researchers also weren’t sure if mild to moderate side effects such as decreased appetite, sleepiness, vomiting, or diarrhea were associated with CBD.
Nonetheless, the popularity of CBD and cannabis-based products is adding fuel to the fire, and CIIX isn’t holding back either. It’s investing in enterprises focused on research and development. These include businesses studying CBD’s impact on epilepsy. Parents and caretakers have not been waiting for approval of cannabis products or traditional drugs to be approved by the U.S. Food and Drug Administration. Many have already obtained medical cannabis and seen positive results. Even the American Epilepsy Society has taken a stance, referencing anecdotal reports on the use of marijuana derivative cannabidiol in patients with treatment-resistant seizures (http://nnw.fm/Gcq6N). It has called on both government and private funders to support research, so there’s more scientific data on the effectiveness of CBD as an epilepsy treatment.
Cannabidiol is gaining ground in the North American market. Legal in 50 states, it’s considered a food nutrient and is exported to China and over 40 other countries.
For more information, visit the company’s website at www.ChineseInvestors.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
National Waste Management Holdings, Inc. (NWMH) Reports 161% Jump in 2016 Revenues Following Two Acquisitions
National Waste Management Holdings, Inc. (OTC: NWMH), in a SEC 10-K Annual Report filed on April 17, 2017, for the year ended December 31, 2016, reported revenues of $6,345,324 compared to $2,429,747 (restated) for the same period in 2015, representing a 161% jump. The increase in sales was due primarily to the firm’s acquisitions of Waste Recovery Enterprises, LLC (“WRE”) in October 2015, and Gateway Rolloff Services, LP, on December 1, 2015. Revenue in 2016 also grew due to a larger customer base, increased construction activity in Florida and the May 2016 acquisition of commercial collection company Sivart Services, LLC, which allowed the company to extend services into Cooperstown, New York.
NWMH is a vertically-integrated solid waste management company with six primary operations: landfill services, roll-off dumpster operations, commercial and residential collections, transfer station operations, trucking and grinding and mulch sales. The company operates in Florida and New York. By acquiring Kingston, New York-based Northeast Data, NWMH expanded its revenue stream to include paper shredding and hard drive destruction services.
Northeast Data Destruction & Recycling, since consolidated into WRE, specializes in document destruction services both on- and off-site. Northeast Data has expanded into hard drive destruction services, and the company plans to roll out this service throughout Upstate New York. Northeast Data shreds sensitive documents for banks, law firms, insurance companies, investment firms and other investment entities.
For more information, visit the company’s website at www.nationalwastemgmt.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NWMH is a vertically-integrated solid waste management company with six primary operations: landfill services, roll-off dumpster operations, commercial and residential collections, transfer station operations, trucking and grinding and mulch sales. The company operates in Florida and New York. By acquiring Kingston, New York-based Northeast Data, NWMH expanded its revenue stream to include paper shredding and hard drive destruction services.
Northeast Data Destruction & Recycling, since consolidated into WRE, specializes in document destruction services both on- and off-site. Northeast Data has expanded into hard drive destruction services, and the company plans to roll out this service throughout Upstate New York. Northeast Data shreds sensitive documents for banks, law firms, insurance companies, investment firms and other investment entities.
For more information, visit the company’s website at www.nationalwastemgmt.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Thursday, April 20, 2017
OTC Markets Group Announces Proposed Changes to OTCQB Standards; Comment Period Underway
OTC Markets Group has announced the publication of proposed amendments to the OTCQB Standards, which are scheduled to go into effect May 18, 2017.
Among these proposed changes, OTC Markets Group proposes the addition of new eligibility criteria for companies not required to be SEC reporting. OTC Markets Group further purposes the refining of various continued eligibility requirements and the reorganization of several sections for improved clarity.
Companies following the Alternative Reporting Standard may now become qualified for the OTCQB and will be required to make public disclosure available through the OTC Disclosure & News Service in accordance with the OTCQX and OTCQB Disclosure Guidelines, which are the same disclosure guidelines used by OTCQX companies. In addition, these Alternate Reporting Companies will have certain corporate governance requirements.
Other proposed changes relate to the timing for removing delinquent filers, revision of due dates for International Reporting filings, annual certification of good standing in the state or jurisdiction of incorporation, and the procedures for removing a company from OTCQB for bid price deficiency.
A comment period is ongoing through May 17, and those with feedback regarding the proposed changes should send their comments and questions to mike@otcmarkets.com.
The proposed rules can be read in their entirety at http://nnw.fm/Y7sCd
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Among these proposed changes, OTC Markets Group proposes the addition of new eligibility criteria for companies not required to be SEC reporting. OTC Markets Group further purposes the refining of various continued eligibility requirements and the reorganization of several sections for improved clarity.
Companies following the Alternative Reporting Standard may now become qualified for the OTCQB and will be required to make public disclosure available through the OTC Disclosure & News Service in accordance with the OTCQX and OTCQB Disclosure Guidelines, which are the same disclosure guidelines used by OTCQX companies. In addition, these Alternate Reporting Companies will have certain corporate governance requirements.
Other proposed changes relate to the timing for removing delinquent filers, revision of due dates for International Reporting filings, annual certification of good standing in the state or jurisdiction of incorporation, and the procedures for removing a company from OTCQB for bid price deficiency.
A comment period is ongoing through May 17, and those with feedback regarding the proposed changes should send their comments and questions to mike@otcmarkets.com.
The proposed rules can be read in their entirety at http://nnw.fm/Y7sCd
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
CytoDyn Inc.’s (CYDY) Setback Has Positives in the World of Drug Development
The drug development process is quickly taking on more of a patient-centric approach. As biotechnology company CytoDyn Inc. (OTCQB: CYDY) is aware, possible rejections of drugs by the U.S. Food and Drug Administration (FDA) don’t necessarily point to a failure. Real world data collection, incorporating scientific data and patient feedback, is aiding research and development and giving many stakeholders in the clinical trial process new capabilities. The recent decline of Orphan Drug Designation (“ODD”) for PRO 140 by the FDA, announced in a Biotech & Pharma story (http://nnw.fm/hFU48), was because the agency believes it can be used to treat a broader population with human immunodeficiency virus (HIV). Instead of a smaller subgroup of HIV patients (less than 200,000 patients), it thinks a potential monotherapy could eventually be available, suitable for all people with the virus that are infected by the R5 strain of HIV. The drug development path isn’t always a smooth one, and the true implications may not be known for some time.
CytoDyn specializes in humanized monoclonal antibodies and their clinical development. Its groundbreaking advancements in treatments for HIV and other immune deficiency viruses are providing ample opportunities for investors. CytoDyn’s drug under study has a fast track designation from the FDA. The company intends for it to be used both as part of a combination therapy and as a standalone drug, and a recent Letter to Shareholders (http://nnw.fm/1Wt6D) explored the highlights of both. This notice expressed the largest market opportunity may be use as a monotherapy. However, PRO 140 is not only being explored for HIV treatment; it’s also being studied in a Phase 2 graft vs. host disease (GvHD) trial for patients with acute myeloid leukemia or myelodysplastic syndrome who are undergoing a bone marrow transplant and are in danger of developing GvHD. These patients have a significantly decreased one-year survival rate, with relapsed GvHD as the leading causes of death.
According to Transparency Market Research, the current U.S. HIV therapy market is valued at around $20 billion. The CytoDyn drug candidate addresses the shortcomings of the current standard of care (Highly Active Antiretroviral Therapy), which include side effects, toxicities, drug resistance, and patient compliance. In a recent study of over 200 patients, it yielded no serious side effects or toxicity.
For updates on clinical trials and approvals, and information for investors, visit CytoDyn Inc. online at www.cytodyn.com.
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
CytoDyn specializes in humanized monoclonal antibodies and their clinical development. Its groundbreaking advancements in treatments for HIV and other immune deficiency viruses are providing ample opportunities for investors. CytoDyn’s drug under study has a fast track designation from the FDA. The company intends for it to be used both as part of a combination therapy and as a standalone drug, and a recent Letter to Shareholders (http://nnw.fm/1Wt6D) explored the highlights of both. This notice expressed the largest market opportunity may be use as a monotherapy. However, PRO 140 is not only being explored for HIV treatment; it’s also being studied in a Phase 2 graft vs. host disease (GvHD) trial for patients with acute myeloid leukemia or myelodysplastic syndrome who are undergoing a bone marrow transplant and are in danger of developing GvHD. These patients have a significantly decreased one-year survival rate, with relapsed GvHD as the leading causes of death.
According to Transparency Market Research, the current U.S. HIV therapy market is valued at around $20 billion. The CytoDyn drug candidate addresses the shortcomings of the current standard of care (Highly Active Antiretroviral Therapy), which include side effects, toxicities, drug resistance, and patient compliance. In a recent study of over 200 patients, it yielded no serious side effects or toxicity.
For updates on clinical trials and approvals, and information for investors, visit CytoDyn Inc. online at www.cytodyn.com.
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Net Element (NASDAQ: NETE) Poised to Support Mobile Payment Growth in the US and Beyond
Technology now allows consumers to make instant purchases, even if they don’t have cash or cards on hand. Net Element (NASDAQ: NETE), a specialist in mobile payment technology, is seeing cashless transactions increase nationwide and globally. North American transactions revenue increased 54 percent from 2015 to 2016, reaching over $42 million. The growth of bankcard regional volume here doesn’t even come close to regions such as the emerging Asian market. According to the World Payments Report 2015, this sector grew 21.6 percent in Asia and 8.6 percent in South America. Still, according to a recent press release (http://nnw.fm/b3Luw), Net Element’s North American segment represented 78 percent of the company’s corporate revenue, an increase of 10 points over the previous year.
The results of a Market Intelligence and Consulting Institute study released in March (http://nnw.fm/B7jWQ) reveal that consumers used their mobile wallets most frequently at restaurants. About 76.4 percent of mobile tech users did so to pay for meals, and another 33.2 percent did so to pay for transportation services. Aptito’s iOS and Android cloud-based point-of-sale (POS) system includes a restaurant management and payment acceptance solution, offering digital menus and kiosks on the iPad. The POS system and iPhone app lets businesses interact with their customers and manage restaurants remotely. Aptito is part of TOT Group, Inc., a global mobile payments and transactional processing provider owned and operated by Net Element.
With the Aptito Retail POS, users can take full advantage of an integrated system. Available on mobile devices, it features a barcode scanner and printer, receipt printer, scales, cash drawer, self-service system, and EMV-compliant bankcard acceptance terminal. Aptito, however, isn’t the only arm that Net Element can flex. It also operates PayOnline, an electronic commerce platform that was recently introduced to Russian markets, adding Apple Pay support across the country. It had a reach of over 200,000 users as of April 2017.
Statista.com (http://nnw.fm/8GjCb) predicts that the global mobile payment market will continue growing. In 2015, the worldwide market was valued at $450 billion, and it is expected to exceed $1 trillion by 2019. Starbucks entered the mobile payments market early and was processing over nine million mobile app transactions per week by Q3 2015 in the U.S. alone (accounting for $11.4 billion in sales), but mobile payments are becoming increasingly popular whether the customer buys products from online marketplaces such as Amazon or brick and mortar stores such as Target.
Globally, the mobile payment industry is surging, but that’s not to say things are sluggish in the U.S. Unified Payments, another TOT Group asset, was rated the #1 fastest growing company in America in 2012 by Inc. Magazine. Its POS solution includes business analytics, fraud detection, and risk management. Near Field Communications technology supports Mobile EMV Card Readers, Apple Pay®, and Android Pay®, while the system also allows merchants to analyze revenue and manage their online reputations.
Net Element’s mobile POS solutions for the restaurant, retail, and other fast-growing mobile payment segments are appealing to an expanding user base. To learn more about the growth it is helping support in the U.S. and globally, review the company’s facts and services online at www.NetElement.com.
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
The results of a Market Intelligence and Consulting Institute study released in March (http://nnw.fm/B7jWQ) reveal that consumers used their mobile wallets most frequently at restaurants. About 76.4 percent of mobile tech users did so to pay for meals, and another 33.2 percent did so to pay for transportation services. Aptito’s iOS and Android cloud-based point-of-sale (POS) system includes a restaurant management and payment acceptance solution, offering digital menus and kiosks on the iPad. The POS system and iPhone app lets businesses interact with their customers and manage restaurants remotely. Aptito is part of TOT Group, Inc., a global mobile payments and transactional processing provider owned and operated by Net Element.
With the Aptito Retail POS, users can take full advantage of an integrated system. Available on mobile devices, it features a barcode scanner and printer, receipt printer, scales, cash drawer, self-service system, and EMV-compliant bankcard acceptance terminal. Aptito, however, isn’t the only arm that Net Element can flex. It also operates PayOnline, an electronic commerce platform that was recently introduced to Russian markets, adding Apple Pay support across the country. It had a reach of over 200,000 users as of April 2017.
Statista.com (http://nnw.fm/8GjCb) predicts that the global mobile payment market will continue growing. In 2015, the worldwide market was valued at $450 billion, and it is expected to exceed $1 trillion by 2019. Starbucks entered the mobile payments market early and was processing over nine million mobile app transactions per week by Q3 2015 in the U.S. alone (accounting for $11.4 billion in sales), but mobile payments are becoming increasingly popular whether the customer buys products from online marketplaces such as Amazon or brick and mortar stores such as Target.
Globally, the mobile payment industry is surging, but that’s not to say things are sluggish in the U.S. Unified Payments, another TOT Group asset, was rated the #1 fastest growing company in America in 2012 by Inc. Magazine. Its POS solution includes business analytics, fraud detection, and risk management. Near Field Communications technology supports Mobile EMV Card Readers, Apple Pay®, and Android Pay®, while the system also allows merchants to analyze revenue and manage their online reputations.
Net Element’s mobile POS solutions for the restaurant, retail, and other fast-growing mobile payment segments are appealing to an expanding user base. To learn more about the growth it is helping support in the U.S. and globally, review the company’s facts and services online at www.NetElement.com.
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Wednesday, April 19, 2017
Grey Cloak Tech, Inc. (GRCK) Acquisition of ShareRails and Additional Funding Expand Market Reach
The acquisition of ShareRails was completed by Grey Cloak Tech, Inc. (OTC: GRCK) in March 2017 and is already developing new relationships and creating new online-to-offline business opportunities in southeast China. Excel Management Systems, an IT management firm, had valued the acquisition at over $6.4 million. ShareRails is now enhancing the visibility of brick-and-mortar stores to millions of online shoppers thanks to its ShareRails Online to Offline Platform (O2O), which transforms inventory data into digital content that can be indexed by Google and various other search engines. The platform also seamlessly integrates internet marketing, email marketing, and social media to bridge the gap between traditional and e-commerce stores.
Funding by Tomorrow Ventures (a private equity fund operated by Google) has helped ShareRails reach its goals. In fact, ShareRails founder Joseph Nejman previously led seed investments as Entrepreneur in Residence for the venture capital firm and held various roles at Google. In a recent interview, Nejman said of the basis for the ShareRails O2O platform: “Local retailers are missing out on millions of shopping searches each month because their product inventory and other key information is not accessible online and therefore they do not appear in relevant search results nor can consumers see what products are in stock without visiting the store.”
The acquisition promises to have repercussions throughout the retail and e-commerce industries. Serving the trillion-dollar retail sector, ShareRails can draw the attention of online shoppers to local retailers, even if their inventory isn’t available online. Local merchants’ products can be seen through basic online searches. The ShareRails platform makes in-stock products and promotions instantly searchable; it creates a digital product catalog allowing people to find products locally and even on social media. In addition to product details, one will also see directions to the store, hours of operation, and other relevant details.
Once data are imported, stored in the cloud, and published, the ShareRails O2O platform lets people search an online mall. This drives digital campaigns and social media initiatives while enabling a resource for product reviews and recommendations. End users can also take advantage of an outfit builder, wishlist app, and other shopping tools such as the Dress.li recommendation and reward platform. Shoppers can easily connect with fashion experts, stylists, and bloggers. At the same time, merchants have insightful analytics to track customer behavior, trends, and more.
Grey Cloak Tech provides industry-leading click-fraud protection solutions in addition to the retail solutions offered by ShareRails. It is now positioned to address the O2O market and online security (via its proprietary Fraudlytic software for digital advertising fraud protection), giving investors a path to benefit from business ventures serving a vast and diverse market. In the U.S. alone, there are over 10 million product searches per month, even as mall traffic was cut in half between 2010 and 2013, according to a recent company press release.
For more information, visit the company’s website at www.GreyCloakTech.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Funding by Tomorrow Ventures (a private equity fund operated by Google) has helped ShareRails reach its goals. In fact, ShareRails founder Joseph Nejman previously led seed investments as Entrepreneur in Residence for the venture capital firm and held various roles at Google. In a recent interview, Nejman said of the basis for the ShareRails O2O platform: “Local retailers are missing out on millions of shopping searches each month because their product inventory and other key information is not accessible online and therefore they do not appear in relevant search results nor can consumers see what products are in stock without visiting the store.”
The acquisition promises to have repercussions throughout the retail and e-commerce industries. Serving the trillion-dollar retail sector, ShareRails can draw the attention of online shoppers to local retailers, even if their inventory isn’t available online. Local merchants’ products can be seen through basic online searches. The ShareRails platform makes in-stock products and promotions instantly searchable; it creates a digital product catalog allowing people to find products locally and even on social media. In addition to product details, one will also see directions to the store, hours of operation, and other relevant details.
Once data are imported, stored in the cloud, and published, the ShareRails O2O platform lets people search an online mall. This drives digital campaigns and social media initiatives while enabling a resource for product reviews and recommendations. End users can also take advantage of an outfit builder, wishlist app, and other shopping tools such as the Dress.li recommendation and reward platform. Shoppers can easily connect with fashion experts, stylists, and bloggers. At the same time, merchants have insightful analytics to track customer behavior, trends, and more.
Grey Cloak Tech provides industry-leading click-fraud protection solutions in addition to the retail solutions offered by ShareRails. It is now positioned to address the O2O market and online security (via its proprietary Fraudlytic software for digital advertising fraud protection), giving investors a path to benefit from business ventures serving a vast and diverse market. In the U.S. alone, there are over 10 million product searches per month, even as mall traffic was cut in half between 2010 and 2013, according to a recent company press release.
For more information, visit the company’s website at www.GreyCloakTech.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
After Ten Thousand Years and Countless Uses, Cannabis Still Has a Bright Future
NetworkNewsWire Editorial Coverage: When George Washington cultivated cannabis at his estate in Mt. Vernon, he was continuing a tradition that dates back 10,000 years. There are indications that cannabis sativa, grown as hemp, was farmed for its fiber content in Neolithic times. Since then, numerous uses have been discovered. As hemp, the plant has furnished a variety of commercial and industrial products. Hemp seeds are also edible, as they are high in protein and are a rich source of vitamins, minerals and dietary fiber. And with 483 distinct chemical compounds, 66 of which are cannabinoids, the uses to which cannabis can be put are still being discovered. The future looks bright to SinglePoint, Inc. (SING) (SING Profile), GW Pharmaceuticals (GWPH), American Cannabis Company (AMMJ), AeroGrow International, Inc. (AERO) and MassRoots, Inc. (MSRT), a roster of companies who are reading those cannabis leaves and betting on their potential.
SinglePoint (SING) grew out of a text messaging and mobile payments business and has embarked on a strategy of acquiring small to mid-sized companies that offered mobile technologies. While initially focused on operating a mobile commerce and communications platform for vendors who wanted to accept mobile credit card payments, about two years ago SinglePoint began focusing on how to apply its mobile payments and merchant processing solutions to medical marijuana dispensaries.
Today, its POS terminals have the potential to allow patients and patrons of marijuana establishments to use their debit cards to make purchases. Now that seven of the eight marijuana initiatives on the November 8 ballot have succeeded, including those in California and Florida, the company is reviving its strategies to court marijuana dispensaries and recreational shops.
As it continues its acquisition strategy, SinglePoint is, however, playing it safe by only targeting businesses that do not ‘touch the plant.’ An example is the stake taken recently in the Jacksam Corp., doing business as Convectium, a profitable California-based provider of equipment, branding and packaging solutions for the cannabis industry.
Convectium has developed ‘the world’s first’ oil-filling system for cartridges and disposable vape pens for wholesale distribution to dispensaries. The company’s 710Shark and 710Seal system can fill and package 100+ cartridges or disposable vape pens in 30 seconds, making it the fastest filling and sealing system of its kind. With a market that extends to over 52 countries, Convectium expects 2017 revenues to continue to increase year over year.
Its treasure trove of close to 500 substances makes cannabis as close to being a panacea as ever existed. Each unique compound in the plant has, no doubt, some medicinal or other practical application. Pioneering outfit GW Pharmaceuticals (NASDAQ: GWPH) (LSE: GWP) has already exploited that possibility by bringing to market a product based on the two main cannabinoids: tetrahydrocannabinol (THC) and cannabidiol (CBD). Sativex, as it is known, is an oromucosal spray that has been approved by regulatory authorities in 29 countries to treat spasticity due to multiple sclerosis (MS), with astounding success. GW Pharmaceuticals is now exploring the use of other cannabinoids to treat a variety of serious unmet medical needs such as those related to autism and schizophrenia. Its present lead candidate is Epidiolex, which is currently being tested to treat certain rare and severe early-onset, drug-resistant epilepsy syndromes.
Like SinglePoint, The American Cannabis Company (AMMJ) employs a “hands off” approach by offering “end-to-end” solutions to existing and aspiring participants in the cannabis industry. AMMJ provides business planning and market assessment services and will assist with state licensing procurement, creation of business infrastructure and operational best practices. The company also has a line of branded products that include The Satchel, a child-resistant pouch, SoHum Living Soils, the Cultivation Cube and a High Density Cultivation System.
Meanwhile in Boulder, Colorado, AeroGrow International (AERO) is promoting its expertise in aeroponic garden systems to the cannabis crowd. The company has been marketing its indoor garden line under the Miracle-Gro AeroGarden brand since it entered into a strategic alliance with Scotts Miracle-Gro. Although not advertised as such, the AeroGarden system is widely used to grow cannabis at home. Sales are on track to almost double from $19.6 million in FY 2016 to $35 million in FY 2017.
And in the cybersphere, MassRoots (MSRT) has registered more than 1 million users on its platform that enables consumers to rate products and strains of cannabis based on their efficacy and then present that information in easy-to-use formats for consumers to make educated purchasing decisions at their local dispensary.
From these developments, it looks like cannabis will be around for quite some time to come.
For more information on Singlepoint visit: Singlepoint, Inc. (SING) or www.SinglePoint.com
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
http://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
SinglePoint (SING) grew out of a text messaging and mobile payments business and has embarked on a strategy of acquiring small to mid-sized companies that offered mobile technologies. While initially focused on operating a mobile commerce and communications platform for vendors who wanted to accept mobile credit card payments, about two years ago SinglePoint began focusing on how to apply its mobile payments and merchant processing solutions to medical marijuana dispensaries.
Today, its POS terminals have the potential to allow patients and patrons of marijuana establishments to use their debit cards to make purchases. Now that seven of the eight marijuana initiatives on the November 8 ballot have succeeded, including those in California and Florida, the company is reviving its strategies to court marijuana dispensaries and recreational shops.
As it continues its acquisition strategy, SinglePoint is, however, playing it safe by only targeting businesses that do not ‘touch the plant.’ An example is the stake taken recently in the Jacksam Corp., doing business as Convectium, a profitable California-based provider of equipment, branding and packaging solutions for the cannabis industry.
Convectium has developed ‘the world’s first’ oil-filling system for cartridges and disposable vape pens for wholesale distribution to dispensaries. The company’s 710Shark and 710Seal system can fill and package 100+ cartridges or disposable vape pens in 30 seconds, making it the fastest filling and sealing system of its kind. With a market that extends to over 52 countries, Convectium expects 2017 revenues to continue to increase year over year.
Its treasure trove of close to 500 substances makes cannabis as close to being a panacea as ever existed. Each unique compound in the plant has, no doubt, some medicinal or other practical application. Pioneering outfit GW Pharmaceuticals (NASDAQ: GWPH) (LSE: GWP) has already exploited that possibility by bringing to market a product based on the two main cannabinoids: tetrahydrocannabinol (THC) and cannabidiol (CBD). Sativex, as it is known, is an oromucosal spray that has been approved by regulatory authorities in 29 countries to treat spasticity due to multiple sclerosis (MS), with astounding success. GW Pharmaceuticals is now exploring the use of other cannabinoids to treat a variety of serious unmet medical needs such as those related to autism and schizophrenia. Its present lead candidate is Epidiolex, which is currently being tested to treat certain rare and severe early-onset, drug-resistant epilepsy syndromes.
Like SinglePoint, The American Cannabis Company (AMMJ) employs a “hands off” approach by offering “end-to-end” solutions to existing and aspiring participants in the cannabis industry. AMMJ provides business planning and market assessment services and will assist with state licensing procurement, creation of business infrastructure and operational best practices. The company also has a line of branded products that include The Satchel, a child-resistant pouch, SoHum Living Soils, the Cultivation Cube and a High Density Cultivation System.
Meanwhile in Boulder, Colorado, AeroGrow International (AERO) is promoting its expertise in aeroponic garden systems to the cannabis crowd. The company has been marketing its indoor garden line under the Miracle-Gro AeroGarden brand since it entered into a strategic alliance with Scotts Miracle-Gro. Although not advertised as such, the AeroGarden system is widely used to grow cannabis at home. Sales are on track to almost double from $19.6 million in FY 2016 to $35 million in FY 2017.
And in the cybersphere, MassRoots (MSRT) has registered more than 1 million users on its platform that enables consumers to rate products and strains of cannabis based on their efficacy and then present that information in easy-to-use formats for consumers to make educated purchasing decisions at their local dispensary.
From these developments, it looks like cannabis will be around for quite some time to come.
For more information on Singlepoint visit: Singlepoint, Inc. (SING) or www.SinglePoint.com
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
http://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Tuesday, April 18, 2017
SinglePoint, Inc. (SING) Maximizes Upside Potential and Limits Downside Risk
Owning shares of a holding company often times can provide unique opportunities to profit from non-traditional markets with great upside potential. SinglePoint, Inc. (OTC: SING), a publicly traded holding company, offers just such non-traditional upside opportunity with its foray into the burgeoning cannabis market.
Traditionally, SinglePoint has focused on mobile technology and mobile marketing by offering client-based solutions for business transactions, donations and targeted communications. The company connects client companies to target markets by providing innovative mobile technology at reasonable rates. However, SinglePoint recognized the strength and profit potential in acquiring interest in undervalued, high-growth entities in disparate markets to create a diversified holding base.
With some annual growth estimates exceeding 20 percent, SinglePoint settled on the cannabis industry as an excellent avenue of diversification and has pursued strategic opportunities to exploit this market and enhance shareholder value. SinglePoint’s innovative entry in the cannabis market came through its SingleSeed subsidiary. SingleSeed seeks to offer solutions for a perplexing problem encountered by legal marijuana businesses. These businesses, blessed by individual states as legal, still operate outside the boundaries of federal law and have limited access to the banking system. This economic zombie zone places legitimate cannabis businesses in precarious situations. The contradictory laws force all-cash transactions with customers, leading to large amounts of cash on site. SingleSeed aims to offer non-cash payment solutions to marijuana businesses that are easy to use and safer for both the companies and the customers.
Focused on innovation, SinglePoint is expanding its portfolio in the cannabis markets with the strategic acquisition of companies that profit from the cannabis industry but don’t touch the plant itself. There’s little doubt that the marijuana market in the United States will continue to flourish and is poised for explosive upside growth. SinglePoint’s strategy positions the company to maximize profit from the marijuana markets yet virtually eliminate any downside risk exposure. The company’s recent acquisition of a stake in Convectium, an innovative company with a proprietary machine that fills and packages vape cartridges and disposable vape pens at a rate of 100 per 30 seconds, is yet another step in SinglePoint’s expansion of its cannabis-related holdings strategy.
In reference to the Convectium acquisition, Greg Lambrecht, CEO of SinglePoint, stated “We have evaluated numerous investment prospects in the cannabis space, and found there is nothing that compares to this opportunity we have with Convectium. With this transaction, we will acquire a stake in a cannabis business that never touches a marijuana plant. This is the strategy we will use as we move forward to hedge us against changing federal and state laws.”
SinglePoint’s unique strategy positions the company to reap the benefits of the explosive marijuana markets while limiting the downside risk.
For more information, visit the company’s website at www.Singlepoint.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Traditionally, SinglePoint has focused on mobile technology and mobile marketing by offering client-based solutions for business transactions, donations and targeted communications. The company connects client companies to target markets by providing innovative mobile technology at reasonable rates. However, SinglePoint recognized the strength and profit potential in acquiring interest in undervalued, high-growth entities in disparate markets to create a diversified holding base.
With some annual growth estimates exceeding 20 percent, SinglePoint settled on the cannabis industry as an excellent avenue of diversification and has pursued strategic opportunities to exploit this market and enhance shareholder value. SinglePoint’s innovative entry in the cannabis market came through its SingleSeed subsidiary. SingleSeed seeks to offer solutions for a perplexing problem encountered by legal marijuana businesses. These businesses, blessed by individual states as legal, still operate outside the boundaries of federal law and have limited access to the banking system. This economic zombie zone places legitimate cannabis businesses in precarious situations. The contradictory laws force all-cash transactions with customers, leading to large amounts of cash on site. SingleSeed aims to offer non-cash payment solutions to marijuana businesses that are easy to use and safer for both the companies and the customers.
Focused on innovation, SinglePoint is expanding its portfolio in the cannabis markets with the strategic acquisition of companies that profit from the cannabis industry but don’t touch the plant itself. There’s little doubt that the marijuana market in the United States will continue to flourish and is poised for explosive upside growth. SinglePoint’s strategy positions the company to maximize profit from the marijuana markets yet virtually eliminate any downside risk exposure. The company’s recent acquisition of a stake in Convectium, an innovative company with a proprietary machine that fills and packages vape cartridges and disposable vape pens at a rate of 100 per 30 seconds, is yet another step in SinglePoint’s expansion of its cannabis-related holdings strategy.
In reference to the Convectium acquisition, Greg Lambrecht, CEO of SinglePoint, stated “We have evaluated numerous investment prospects in the cannabis space, and found there is nothing that compares to this opportunity we have with Convectium. With this transaction, we will acquire a stake in a cannabis business that never touches a marijuana plant. This is the strategy we will use as we move forward to hedge us against changing federal and state laws.”
SinglePoint’s unique strategy positions the company to reap the benefits of the explosive marijuana markets while limiting the downside risk.
For more information, visit the company’s website at www.Singlepoint.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Moxian, Inc. (NASDAQ: MOXC) Mobile Commerce App Adoption Accelerates among Android and iPhone Users
Serving the massive online-to-offline (O2O) market in China with a popular app for businesses and consumers, Moxian, Inc. (NASDAQ: MOXC) announced that adoption of its platform is accelerating in both Android and iPhone segments. The news comes after the company’s launch of the Moxian+ paid platform in March 2017, which represents a transition from its beta technology that has been offered at no charge. Moxian, an innovative technology company serving the estimated $48 billion O2O market in China, enables consumers to order products online and pay brick and mortar businesses (with an online presence) via traditional offline methods.
The Moxian+ Business App has already enabled small- and medium-sized businesses to capture and analyze data, maintain customer relationships, and target marketing initiatives, as well as to have access to China’s 1.3 billion-user mobile telephone market (the largest in the world). Over 31,000 businesses used the free Moxian platform, and the company hopes to convert them to its paid, improved system.
The Moxian+ User app, reaching over 300,000 consumers with its free version, provides a system for collecting loyalty points, winning universal MO-Coins, and engaging in social networking with friends and interest groups. Consumers can set up a personalized multimedia profile. Providing the means to pay for purchases by mobile device, the app fully supports online payments and contactless cards. People can also search for local merchants via the program’s geo-location feature, communicate with friends via a media messenger, and win gifts by playing exciting games.
Expanding functionality available through Moxian’s (now paid) apps is reaching a large and fast-growing market. Accessibility to Android and iPhone users is allowing the company to hit new milestones, as it strives to reach the country’s smartphone users, who, according to CNBC, account for about 30 percent of the global smartphone market. According to a 2016 Statista.com report (http://nnw.fm/04Xt9), China became the largest mobile phone user market in 2012. Mobile phone subscriptions in the country have surged since 2011, and, now, 89 percent of its population uses a mobile phone. Monthly sales of the top 10 mobile phone brands had reached 800,000 units by Q2 2013.
The surge in app adoption is also proving beneficial to investors. In a recent press release (http://nnw.fm/1wxMB), Moxian announced an aggregate initial offering price of $50 million, with the filing of form S-3 with the SEC. Its revenue streams comprise subscription services, mobile advertising, distribution license fees, and small transaction payments. Moxian’s NASDAQ listing opened in November 2016, and future offerings are expected to include common shares, senior debt, debt securities, warrants, and, potentially, various other securities.
Now that its paid platforms can reach iPhone and Android mobile users in business and consumer markets across China, Moxian anticipates continued growth and expansion. The company can now reach a consumer base of 1.3 billion users and growing. In addition, the Shenzhen-based organization has expanded to Beijing and is expected to have over 100 commissioned executive sales personnel by year’s end.
For more information, visit www.Moxian.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
The Moxian+ Business App has already enabled small- and medium-sized businesses to capture and analyze data, maintain customer relationships, and target marketing initiatives, as well as to have access to China’s 1.3 billion-user mobile telephone market (the largest in the world). Over 31,000 businesses used the free Moxian platform, and the company hopes to convert them to its paid, improved system.
The Moxian+ User app, reaching over 300,000 consumers with its free version, provides a system for collecting loyalty points, winning universal MO-Coins, and engaging in social networking with friends and interest groups. Consumers can set up a personalized multimedia profile. Providing the means to pay for purchases by mobile device, the app fully supports online payments and contactless cards. People can also search for local merchants via the program’s geo-location feature, communicate with friends via a media messenger, and win gifts by playing exciting games.
Expanding functionality available through Moxian’s (now paid) apps is reaching a large and fast-growing market. Accessibility to Android and iPhone users is allowing the company to hit new milestones, as it strives to reach the country’s smartphone users, who, according to CNBC, account for about 30 percent of the global smartphone market. According to a 2016 Statista.com report (http://nnw.fm/04Xt9), China became the largest mobile phone user market in 2012. Mobile phone subscriptions in the country have surged since 2011, and, now, 89 percent of its population uses a mobile phone. Monthly sales of the top 10 mobile phone brands had reached 800,000 units by Q2 2013.
The surge in app adoption is also proving beneficial to investors. In a recent press release (http://nnw.fm/1wxMB), Moxian announced an aggregate initial offering price of $50 million, with the filing of form S-3 with the SEC. Its revenue streams comprise subscription services, mobile advertising, distribution license fees, and small transaction payments. Moxian’s NASDAQ listing opened in November 2016, and future offerings are expected to include common shares, senior debt, debt securities, warrants, and, potentially, various other securities.
Now that its paid platforms can reach iPhone and Android mobile users in business and consumer markets across China, Moxian anticipates continued growth and expansion. The company can now reach a consumer base of 1.3 billion users and growing. In addition, the Shenzhen-based organization has expanded to Beijing and is expected to have over 100 commissioned executive sales personnel by year’s end.
For more information, visit www.Moxian.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Positive News in the Fight against Cancer Fuels Quest for More Good Tidings
NetworkNewsWire Editorial Coverage: When it comes to cancer – a disease that has been referred to as the “modern plague” – any positive developments are good news indeed. In the ongoing battle against cancer, companies like TapImmune, Inc. (TPIV) (TPIV Profile), Anavex Life Sciences Corp. (AVXL), Propanc Health Group Corporation (PPCH), Aquinox Pharmaceutical, Inc. (AQXP) and Bellicum Pharmaceuticals, Inc. (BLCM) are working hard to bring even more good news to cancer patients and their families.
There was both good and bad news in the United States Government’s latest Annual Report to the Nation on the Status of Cancer (1), which covers the time period spanning 1975-2014. The good news: cancer death rates continue to decrease in men, women and children for all major ethnic groups; the overall rates of new cancers have decreased in men and stabilized in women; and five-year survival rates have improved for most—but not all—common types of cancer, including both early- and late-stage disease. The bad news: death rates have increased for liver, pancreas and brain cancers in men and for liver and uterine cancers in women.
Fewer bad tidings and many more good are the aim of various companies engaged in finding and developing new and innovative means of treating cancer.
Some exciting cancer therapy advancements come from TapImmune, Inc. (TPIV), a leading immuno-oncology company that provides pioneering T-cell vaccines and novel immunotherapy platforms. TapImmune’s immunotherapies take the unique approach of targeting both metastatic disease and tumors. The primary cause of death among cancer patients is not the primary tumor but metastatic disease, or the spreading of cancer to untreatable areas of the body. TapImmune’s therapies have advanced beyond the abilities of earlier vaccine approaches by treating both tumors and metastatic diseases, and TapImmune’s work is further distinguished by its approach of activating a patient’s own immune system in fighting cancer. While the idea of enlisting the body’s immune system to combat cancer is not a new one, recent and dramatic breakthroughs by companies like TapImmune have brought this concept to the forefront in an exciting way.
TapImmune’s next-generation technology is able to standalone as a powerful therapy or be combined with other immunotherapies. The company is currently developing two vaccines that merge proprietary peptide antigen sets designed to invoke both killer T-cell (CD8) and helper T-cell (CD4) immune responses against specific proteins present on the surface of most target tumor cells. The naturally processed antigens in these vaccines are derived from human immune responses that are recognized by over 85 percent of the population. This enables TapImmune to direct a uniquely strong and durable anti-tumor immune response across a broader patient population. Other companies in the oncology field lag far behind TapImmune, developing immune-modulating technologies that prompt only CD4 T-cell response, only CD8 T-cell response, or none at all.
The company is currently advancing its two clinical-stage T-cell vaccine candidates in multiple phase II and phase Ib/IIa clinical trials for treating ovarian and breast cancers, both of which are typically resistant to immunotherapies. Included are ovarian cancer programs that will benefit from FDA Fast Track and Orphan Disease Designation. TapImmune is collaborating with industry and clinical leaders like the Mayo Clinic, AstraZeneca and the Memorial Sloan Kettering Cancer Center.
Clinical-stage biopharmaceutical company Anavex Life Sciences (AVXL) is engaged in developing differentiated therapeutics to treat a variety of diseases, including cancer. The company is exploring the approach of using sigma receptors as targets for therapeutics to combat disease. Anavex has found that when sigma receptors are bound by the appropriate ligands, they influence the function of multiple biochemical signals involved in pathogenesis, or the origin of disease. The company’s pipeline includes compounds in varying stages of preclinical study for the treatment of melanoma, pancreatic cancer, prostate cancer, colon cancer and ovarian cancer.
Propanc Health Group (PPCH), a development-stage health care company, is focused on developing new and proprietary treatments for cancer patients who are suffering from solid tumors like pancreatic, ovarian and colorectal cancers. Working with scientific and oncology consultants, Propanc has developed a rational, composite formulation of anti-cancer compounds that work together to exert various effects designed to control or prevent the recurrence and spread of tumors. The company’s leading products are variations on its novel formulation and involve or employ proenzymes. The company’s long-term therapy is based on a pancreatic proenzyme formulation to suppress tumor recurrence and metastasis, while PRP, its lead candidate, controls cancer cell migration, impedes tumor blood vessel formation and triggers cell death.
Clinical-stage biopharmaceutical company Aquinox Pharmaceutical (AQXP) is also focused on the discovery and development of targeted therapeutics in immuno-oncology disease areas. While the company’s chief focus is currently anti-inflammatory product candidates, its longer-term strategy is to broaden development activities for its lead product candidate, AXQ-1125, for the treatment of cancer.
The approach of clinical-stage biopharmaceutical company Bellicum Pharmaceuticals (BLCM) is developing novel stem cell transplant, TCR and CAR T cell therapies. Operating on the belief that cellular control is the key to safer, more effective cell therapies, the company’s product candidates incorporate molecular switches that are designed to allow the activation or elimination of therapeutic cells within the body. The focus of Bellicum Pharmaceuticals is discovering and developing cellular immunotherapies for hematological cancers, solid tumors and orphan inherited blood diseases.
As advancements continue in the fight against cancer, these companies continue their efforts to develop new methods for combating the disease and increase instances of good news for cancer patients and their loved ones.
Editorial Sources:
(1) Cancer.gov: http://nnw.fm/9uSBp
For more information on TapImmune visit: TapImmune, Inc. or www.Tapimmune.com
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
http://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
There was both good and bad news in the United States Government’s latest Annual Report to the Nation on the Status of Cancer (1), which covers the time period spanning 1975-2014. The good news: cancer death rates continue to decrease in men, women and children for all major ethnic groups; the overall rates of new cancers have decreased in men and stabilized in women; and five-year survival rates have improved for most—but not all—common types of cancer, including both early- and late-stage disease. The bad news: death rates have increased for liver, pancreas and brain cancers in men and for liver and uterine cancers in women.
Fewer bad tidings and many more good are the aim of various companies engaged in finding and developing new and innovative means of treating cancer.
Some exciting cancer therapy advancements come from TapImmune, Inc. (TPIV), a leading immuno-oncology company that provides pioneering T-cell vaccines and novel immunotherapy platforms. TapImmune’s immunotherapies take the unique approach of targeting both metastatic disease and tumors. The primary cause of death among cancer patients is not the primary tumor but metastatic disease, or the spreading of cancer to untreatable areas of the body. TapImmune’s therapies have advanced beyond the abilities of earlier vaccine approaches by treating both tumors and metastatic diseases, and TapImmune’s work is further distinguished by its approach of activating a patient’s own immune system in fighting cancer. While the idea of enlisting the body’s immune system to combat cancer is not a new one, recent and dramatic breakthroughs by companies like TapImmune have brought this concept to the forefront in an exciting way.
TapImmune’s next-generation technology is able to standalone as a powerful therapy or be combined with other immunotherapies. The company is currently developing two vaccines that merge proprietary peptide antigen sets designed to invoke both killer T-cell (CD8) and helper T-cell (CD4) immune responses against specific proteins present on the surface of most target tumor cells. The naturally processed antigens in these vaccines are derived from human immune responses that are recognized by over 85 percent of the population. This enables TapImmune to direct a uniquely strong and durable anti-tumor immune response across a broader patient population. Other companies in the oncology field lag far behind TapImmune, developing immune-modulating technologies that prompt only CD4 T-cell response, only CD8 T-cell response, or none at all.
The company is currently advancing its two clinical-stage T-cell vaccine candidates in multiple phase II and phase Ib/IIa clinical trials for treating ovarian and breast cancers, both of which are typically resistant to immunotherapies. Included are ovarian cancer programs that will benefit from FDA Fast Track and Orphan Disease Designation. TapImmune is collaborating with industry and clinical leaders like the Mayo Clinic, AstraZeneca and the Memorial Sloan Kettering Cancer Center.
Clinical-stage biopharmaceutical company Anavex Life Sciences (AVXL) is engaged in developing differentiated therapeutics to treat a variety of diseases, including cancer. The company is exploring the approach of using sigma receptors as targets for therapeutics to combat disease. Anavex has found that when sigma receptors are bound by the appropriate ligands, they influence the function of multiple biochemical signals involved in pathogenesis, or the origin of disease. The company’s pipeline includes compounds in varying stages of preclinical study for the treatment of melanoma, pancreatic cancer, prostate cancer, colon cancer and ovarian cancer.
Propanc Health Group (PPCH), a development-stage health care company, is focused on developing new and proprietary treatments for cancer patients who are suffering from solid tumors like pancreatic, ovarian and colorectal cancers. Working with scientific and oncology consultants, Propanc has developed a rational, composite formulation of anti-cancer compounds that work together to exert various effects designed to control or prevent the recurrence and spread of tumors. The company’s leading products are variations on its novel formulation and involve or employ proenzymes. The company’s long-term therapy is based on a pancreatic proenzyme formulation to suppress tumor recurrence and metastasis, while PRP, its lead candidate, controls cancer cell migration, impedes tumor blood vessel formation and triggers cell death.
Clinical-stage biopharmaceutical company Aquinox Pharmaceutical (AQXP) is also focused on the discovery and development of targeted therapeutics in immuno-oncology disease areas. While the company’s chief focus is currently anti-inflammatory product candidates, its longer-term strategy is to broaden development activities for its lead product candidate, AXQ-1125, for the treatment of cancer.
The approach of clinical-stage biopharmaceutical company Bellicum Pharmaceuticals (BLCM) is developing novel stem cell transplant, TCR and CAR T cell therapies. Operating on the belief that cellular control is the key to safer, more effective cell therapies, the company’s product candidates incorporate molecular switches that are designed to allow the activation or elimination of therapeutic cells within the body. The focus of Bellicum Pharmaceuticals is discovering and developing cellular immunotherapies for hematological cancers, solid tumors and orphan inherited blood diseases.
As advancements continue in the fight against cancer, these companies continue their efforts to develop new methods for combating the disease and increase instances of good news for cancer patients and their loved ones.
Editorial Sources:
(1) Cancer.gov: http://nnw.fm/9uSBp
For more information on TapImmune visit: TapImmune, Inc. or www.Tapimmune.com
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
http://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Monday, April 17, 2017
eXp World Holdings, Inc. (EXPI) Attracts High-Volume Agents, Retains Them With Technology, Stock Ownership Equity and Three-Year Vesting
eXp World Holdings, Inc. (OTCQB: EXPI), through its eXp Realty subsidiary, is not just adding new real estate agents; it is attracting high-volume agent/brokers including two from The Wall Street Journal’s Top 50 List, according to Glenn Sanford, chairman, CEO and founder of the company. Presenting at the MicroCap Conference in New York earlier this month, Sanford said that a number of large real estate markets remain open to the agent-owned and cloud-based online real estate agency — such as New York and Connecticut. The company can grow more than geographically, because it projects possible areas of expansion such as mortgage origination, title and escrow services, and homeowners insurance, he said.
eXp World Holdings is the holding company for eXp Realty LLC and eXp Realty of Canada, Inc. It is an agent-owned, cloud-based brokerage that is unique in that it offers its agents a chance to earn company stock through performance, as well as to receive a percentage of gross commissions earned by other agents that they bring into EXPI. It has surpassed 3,000 agents and projects having 5,500-6,500 agents by the end of this year. The company’s features are designed to not only attract agents but also retain them. Three-year 100% equity vesting is an important retention tool, Sanford said.
The company maintains a non-traditional model of low costs due to its cloud-based campus versus brick-and-mortar offices. In addition to agent incentives in the form of company stock for performance plus shared commission payments, the company also offers special online educational classes as part of its immersive cloud-based platform campus. The combination of lower costs, high technology, stock incentives, and a percentage of recruited agent commissions, is highly desirous for agents, Sanford told investors.
The largest state EXPI currently serves in the U.S. is Texas — with some 800 eXp agents. However, in the tri-state market of New York, Connecticut, and New Jersey, the company still has much room to grow. That market remains a large opportunity for the company, and the high-dollar residential real estate markets of Connecticut, Manhattan, and Brooklyn are still largely open.
The firm sees a further doubling of its agent count by the end of this year, to between 5,500 and 6,500, Sanford said. EXPI is attracting younger and, in some cases, higher volume agents. He added that its three-year vesting program appeals to agents and has also proven important in retaining them. Few would want to leave the company before fully vesting and losing that equity, he noted.
For more information, visit the company’s website at www.eXpWorldHoldings.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
eXp World Holdings is the holding company for eXp Realty LLC and eXp Realty of Canada, Inc. It is an agent-owned, cloud-based brokerage that is unique in that it offers its agents a chance to earn company stock through performance, as well as to receive a percentage of gross commissions earned by other agents that they bring into EXPI. It has surpassed 3,000 agents and projects having 5,500-6,500 agents by the end of this year. The company’s features are designed to not only attract agents but also retain them. Three-year 100% equity vesting is an important retention tool, Sanford said.
The company maintains a non-traditional model of low costs due to its cloud-based campus versus brick-and-mortar offices. In addition to agent incentives in the form of company stock for performance plus shared commission payments, the company also offers special online educational classes as part of its immersive cloud-based platform campus. The combination of lower costs, high technology, stock incentives, and a percentage of recruited agent commissions, is highly desirous for agents, Sanford told investors.
The largest state EXPI currently serves in the U.S. is Texas — with some 800 eXp agents. However, in the tri-state market of New York, Connecticut, and New Jersey, the company still has much room to grow. That market remains a large opportunity for the company, and the high-dollar residential real estate markets of Connecticut, Manhattan, and Brooklyn are still largely open.
The firm sees a further doubling of its agent count by the end of this year, to between 5,500 and 6,500, Sanford said. EXPI is attracting younger and, in some cases, higher volume agents. He added that its three-year vesting program appeals to agents and has also proven important in retaining them. Few would want to leave the company before fully vesting and losing that equity, he noted.
For more information, visit the company’s website at www.eXpWorldHoldings.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Bollente Companies, Inc. (BOLC) Offers Growing Opportunities for Investors
An increasing market value and lucrative assets are making Bollente Companies, Inc. (OTCQB: BOLC) appealing to potential investors. The shares bought over the past couple of years show that investors are taking notice of Bollente as it continues to partner with entrepreneurs and take on opportunities to grow its business and market presence.
Over the past several years, the company has worked to successfully develop an advanced consumer product with worldwide potential – a next-generation technology tankless electric water heater with major advances over other tankless systems, gas or electric, on the market. A diverse portfolio of companies has already opted for Bollente’s trutankless® system, including Cullum Homes, which has recently added the smart electric tankless water heaters in its properties – The Village at Mountain Shadows in Paradise Valley, Arizona, along with The Village at Silverleaf, located in North Scottsdale, Arizona. After extensive research and engineering, Bollente Companies officially launched the water heater line in 2014 and has been granted 32 patent claims on the technology, with several new ones on the way. The company’s trutankless® line is now the subject of demand among builders and remodelers.
The company’s recent press release regarding Cullum Homes (http://nnw.fm/22apN) included awards its advanced tankless water heater system has already received. The system has been honored by Arizona Forward’s Environmental Excellence Awards with the Governor’s Award of Merit for Energy and Technology Innovation. It was also named a Hot Product in Green Builder Magazine, and it received a silver award in the Appliance Design Excellence in Design contest. Earlier, it had been named “Best Home Technology Product” at the 2014 IBS show.
Developing product sales aren’t the only thing going for Bollente and its investors. A customized marketing program launched in 2015 (aimed at trutankless® installation partners) has boosted sales and introduced a proprietary app that notifies installers of sales opportunities via text message. The program includes training opportunities and a partnership with bluemedia, a signage provider, enabling installers to order branded vehicle wraps for their service fleets.
A recent report (http://nnw.fm/WRbb8) announced hundreds of electric tankless water heaters will be installed in senior living townhomes at Friendship Village in Tempe, Arizona, by 2018. The product is supporting the community’s continuing expansion. Another appeal to investors is the product’s energy efficiency, as these water heaters produce hot water at consistent temperatures, despite variations in incoming water temperature, to within one degree. They also provide the advantages of home automation, remote control, freeze protection, dry-fire defense, leak detection, and smart grid capabilities.
Globally, tankless water heater sales generated an estimated revenue of nearly $17 billion, according to Persistence Market Research (http://nnw.fm/83kBA), and they are projected to exceed well over $25 billion by 2024. This market segment represents just a small part of the global green building sector, which is currently outpacing overall U.S. construction growth and continues to double in size every three years. Smart appliances, including IoT devices in the home, represent a market valued at nearly $47 billion in 2015 that’s expected to grow to almost $122 billion by 2022 (per a MarketandMarkets forecast, http://nnw.fm/LLkf6). The growth in the number of senior living communities over the next 10 years represents a market opportunity for tankless water heaters as well – as baby-boomers look to healthy living and energy saving solutions. Therefore, investors focused on growth, market value, and energy efficiency can find Bollente a company worth considering.
For more information, visit the company’s website at www.BollenteCompanies.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Over the past several years, the company has worked to successfully develop an advanced consumer product with worldwide potential – a next-generation technology tankless electric water heater with major advances over other tankless systems, gas or electric, on the market. A diverse portfolio of companies has already opted for Bollente’s trutankless® system, including Cullum Homes, which has recently added the smart electric tankless water heaters in its properties – The Village at Mountain Shadows in Paradise Valley, Arizona, along with The Village at Silverleaf, located in North Scottsdale, Arizona. After extensive research and engineering, Bollente Companies officially launched the water heater line in 2014 and has been granted 32 patent claims on the technology, with several new ones on the way. The company’s trutankless® line is now the subject of demand among builders and remodelers.
The company’s recent press release regarding Cullum Homes (http://nnw.fm/22apN) included awards its advanced tankless water heater system has already received. The system has been honored by Arizona Forward’s Environmental Excellence Awards with the Governor’s Award of Merit for Energy and Technology Innovation. It was also named a Hot Product in Green Builder Magazine, and it received a silver award in the Appliance Design Excellence in Design contest. Earlier, it had been named “Best Home Technology Product” at the 2014 IBS show.
Developing product sales aren’t the only thing going for Bollente and its investors. A customized marketing program launched in 2015 (aimed at trutankless® installation partners) has boosted sales and introduced a proprietary app that notifies installers of sales opportunities via text message. The program includes training opportunities and a partnership with bluemedia, a signage provider, enabling installers to order branded vehicle wraps for their service fleets.
A recent report (http://nnw.fm/WRbb8) announced hundreds of electric tankless water heaters will be installed in senior living townhomes at Friendship Village in Tempe, Arizona, by 2018. The product is supporting the community’s continuing expansion. Another appeal to investors is the product’s energy efficiency, as these water heaters produce hot water at consistent temperatures, despite variations in incoming water temperature, to within one degree. They also provide the advantages of home automation, remote control, freeze protection, dry-fire defense, leak detection, and smart grid capabilities.
Globally, tankless water heater sales generated an estimated revenue of nearly $17 billion, according to Persistence Market Research (http://nnw.fm/83kBA), and they are projected to exceed well over $25 billion by 2024. This market segment represents just a small part of the global green building sector, which is currently outpacing overall U.S. construction growth and continues to double in size every three years. Smart appliances, including IoT devices in the home, represent a market valued at nearly $47 billion in 2015 that’s expected to grow to almost $122 billion by 2022 (per a MarketandMarkets forecast, http://nnw.fm/LLkf6). The growth in the number of senior living communities over the next 10 years represents a market opportunity for tankless water heaters as well – as baby-boomers look to healthy living and energy saving solutions. Therefore, investors focused on growth, market value, and energy efficiency can find Bollente a company worth considering.
For more information, visit the company’s website at www.BollenteCompanies.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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