Venture Market News for January 14, 2019
- CSI Reports Growth in Revenues and Net Income for Third Quarter
Computer Services, Inc. (CSI) (OTCQX: CSVI) today reported growth in revenues and net income for the third quarter and nine months ended November 30, 2018.
- 12 ReTech to Acquire Red Wire Group, LLC to Increase the Manufacturing Capability and Revenue of its Emotion Fashion Group Subsidiary
Las Vegas, NV & Hong Kong, Jan. 14, 2019 (GLOBE NEWSWIRE) — 12 ReTech Corporation (OTCQB: RETC) announced today that it has signed a definitive Exchange of Equity Agreement to acquire Salt Lake City, Utah based Red Wire Group, LLC (“Red Wire”) in a stock for stock transaction. Closing is scheduled to occur before the end of this month.
- Aleafia Fulfills First Transaction Under Cannabis Supply Agreement with CannTrust
TORONTO, Jan. 14, 2019 (GLOBE NEWSWIRE) — Aleafia Health Inc. (TSXV: ALEF, OTC: ALEAF, FRA: ARAH) (“Aleafia” or the “Company”) has sold two cannabis crops to CannTrust Holdings Inc. (TSX: TRST)(“CannTrust”), together (the “Parties”), representing the first transactions under the Parties’ previously announced 15,000 kg cannabis supply agreement for 2019.
- Innovation Pharmaceuticals Completes Gastric Fluid Testing of Brilacidin Supporting Development of an Oral Dosage Form to Treat Inflammatory Bowel Disease
BEVERLY, Mass., Jan. 14, 2019 (GLOBE NEWSWIRE) — Innovation Pharmaceuticals (OTCQB:IPIX) (“the Company”), a clinical stage pharmaceutical company, is pleased to inform shareholders the Company has completed early testing evaluating the stability of Brilacidin, its novel defensin-mimetic drug candidate, in simulated gastric fluid—a synthetic form of the fluid found in the stomach.
- Freddie Mac Multifamily Research Sees Healthy Multifamily Market in 2019 Outlook
MCLEAN, Va., Jan. 14, 2019 (GLOBE NEWSWIRE) — The Freddie Mac (OTCQB: FMCC) Multifamily 2019 Outlook finds that healthy performance in the multifamily market will continue into 2019. The report finds that rent growth and vacancies will again outperform historical averages, even as new supply remains elevated into 2020. Expectations are for total market originations to continue to rise, resulting in another record year. Freddie Mac also released a companion video and viewpoint with the report.
Connect with 24/7 Market News on social media:
About 24/7 Market News
As a pioneer in digital financial market media, 24/7 Market News (24/7MN) is dedicated to the swift distribution of financial market news and information. 24/7 MN provides comprehensive corporate communications resources and tools to engage the investment community.
24/7 Market News (24/7MN) is a third party publisher and news dissemination service provider that produces regular sponsored and non-sponsored reports, articles, stock market blogs, and newsletters covering equities listed on the NYSE, NASDAQ and micro-cap exchanges. 24/7MN holds no investment licenses and is NOT a financial advisory firm, investment adviser, analyst, or broker-dealer and does not undertake any activities that would require such registration. 24/7MN’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.
The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and based on publicly available information which is believed to be reliable. 24/7MN makes no representations as to the completeness, accuracy, or timeliness of the material provided and all materials are subject to change without notice. 24/7MN and/or its affiliates are not responsible for any gains or losses that result from the opinions expressed and are not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.
For further information on 24/7 Market News, please go to www.247marketnews.com
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan,” or “planned,” “will,” or “should,” “expected,” “anticipates,” “draft,” “eventually,” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and 24/7MN undertakes no obligation to update such statements
24/7 Market News
Editor@247marketnews.comTop of Form