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| BICX, TRTC and PRHL Up Nicely on News |
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 Hot Stock to Watch
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Company: BioCorRx Inc. (OTCQB: BICX)
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End of Day:
Price: 0.1026
Change (%): - 0.0024 (2.29)
Volume: 22,103 |
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BioCorRx, Inc. Eliminates Nearly 1,000,000 Dollars of Convertible Debt
Some Debt Strategically Converted to License Agreements
Los Angeles, July 9, 2014 (GLOBE NEWSWIRE) - BioCorRx Inc. (“the Company”) (OTCQB: BICX), a leader in addiction treatment and rehabilitation programs, is pleased to announce a series of transactions that strengthens the company’s balance sheet and offers future, income-producing upside through the elimination of all convertible debt. In addition, these steps remove any potential stock dilution that may have resulted from a debt to equity conversion of those convertible debentures. The total overall debt and interest, mostly convertible, that has been eliminated in recent transactions is nearly $750,000. In the first stage of debt reduction initiatives, the company’s debt holders agreed to exchange just over $600,000 in overall debt for upfront license fees towards territories that will give them the exclusive rights to distribute the company’s Start Fresh Program which is used to treat alcohol and opioid addiction. These additional territories could generate future income for the company, thereby turning a liability into an asset. Separately, the company paid off debt to another investor in the amount of roughly $135,000 using company funds. Finally, the company successfully converted its remaining $543,000 of convertible debentures which included interest into a simple interest-bearing note payable.
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 Yesterday's Top Performer
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Company: Medical Marijuana Inc. (Pink Sheets: MJNA)
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End of Day:
Price: 0.2086
Change (%): + 0.0116 (5.89)
Volume: 11,244,372 |
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Medical Marijuana Inc. Announces First Quarter 2014 Shareholders Report: Product Sales Increase More Than 100% Quarter Over Quarter
Company Posts Significant Increase in Revenues From HempMedsPX; Recaps Company Growth for the First Quarter of 2014
SAN DIEGO, July 8, 2014 (GLOBE NEWSWIRE) - Medical Marijuana Inc. (OTC Pink: MJNA), a leading cannabis and industrial hemp industry innovator, today announced the release of its quarterly financial and shareholders report (Post 06/30/2014 - OTC Markets). The Company had product sales revenues of 4.01 million dollars compared to 1.94 million dollars for the prior quarter. Below are the Company’s first quarter 2014 operating and developmental highlights.
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SmallCapVoice Clients' News
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Company: Terra Tech Corp (OTCQB: TRTC)
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Edible Garden Launches Training Program for Individuals with Disabilities
Irvine, July 8, 2014 (GLOBE NEWSWIRE) - Terra Tech Corp (TRTC) subsidiary Edible Garden, a leader in sustainably grown local herbs, has announced the Edible Garden Greenhouse Abilities Training Program. In partnership with Abilities of Northwest Jersey, this new program is focused on providing individuals with mental or physical disabilities the opportunity to gain experience and self-confidence working in the greenhouse industry.
The Edible Garden team worked closely with the Abilities staff for over two months to design and implement this 4-week, rotating training program. The goal of the program is to teach participants the importance of food safety, how to effectively mitigate and understand the sources of food contamination, to function as part of a team, and gain self-confidence and real-world experience that affords them the ability to gain future employment within the greenhouse industry.
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Company: ML Capital Group, Inc. (OTCQB: MLCG)
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Goldman Small Cap Research Issues Research Update on ML Capital Group, Inc.
Baltimore, Maryland / ACCESSWIRE / July 9, 2014 / Goldman Small Cap Research, a stock market research firm focused on the small cap and micro cap sectors, announced today that it has released a new research update on ML Capital Group Inc. (OTCQB - MLCG). The Company produces, markets, and sells its products and services under the SuperStar brand name, including vapor pens, mobile applications, and books that cater to the tobacco and medical marijuana marketplace.
The electronic cigarette, or e-cig market, currently generates $3 billion in annual sales and industry experts forecast it could reach the $300 billion mark in the next ten years. A unique design and feature of the Company’s recently launched SuperStar Vapor Pen set is that it can be used with both tobacco based products, as well as medical marijuana or cannabis in the form of liquid, wax, or dry ingredients.
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Other Small Cap News
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Company: Premier Holding Corporation (OTCQB: PRHL)
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LiteOwl™ From Premier's Patented E-Series Demonstrates Energy-Saving Technology for Streetlights to City of Moreno Valley
Mass Production of Award-Winning Technology Is Now Available for Market of 70 Million Streetlights in the U.S.
TUSTIN, CA--(Marketwired - Jul 9, 2014) - Premier Holding Corp. (OTCQB: PRHL) (the "Company"), an energy reseller in deregulated markets and provider of energy efficient solutions, announced that Muni-Fed Energy, Inc. ("Muni-Fed"), its strategic partner for municipalities, has delivered 1,300 of its award-winning LiteOwl™ energy-savings devices specifically designed for streetlights to the City of Moreno Valley, Calif. The LiteOwl is a small device that simply plugs into the top of a streetlight and saves over 25 percent of the power to operate existing lights without retrofitting. LiteOwl™ received the Top Product Award from Building Operating Management Magazine in 2012, a 100 percent reader-selected award.
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Market News
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By Patti Domm: CNBC
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Will the Fed fuel more volatility?
Minutes from the Federal Reserve's last meeting could keep markets on the boil, if there's much discord among members or it takes a hawkish tone.
Traders are looking for comments about inflation in the minutes from the June 18 meeting, after Fed Chair Janet Yellen told a post-meeting press briefing that the pickup in CPI was just "noise."
"I would be surprised if the consensus agreement was it was just noise. There's going to be some people who had something to say about it," said Paul Hickey, co-founder of Bespoke.
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By Jamie McGeever: Reuters
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Growth fears hit global stocks, investors eye Fed and Draghi
LONDON (Reuters) - World stocks fell on Wednesday as a decline in Chinese inflation and weaker European industrial data combined to suggest global growth may be slowing, eclipsing a positive start to the U.S. earnings season.
The mining company Alcoa Inc reported results after Wall Street closed that beat analysts' expectations, but that was not enough to help European equities recover after they fell the most in three months on Tuesday.
Major currencies and bond markets were steady before a speech by European Central Bank President Mario Draghi and the release of the U.S. Federal Reserve's minutes of its latest meeting.
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SmallCapVoice (SCV) is an electronic publication. Information sources for our profiles include, but are not limited to, online research, member suggestions, magazines, newspapers, analyst suggestions, information provided by the profiled company, press releases and similar sources. This communication is not an offer to sell or a recommendation that you buy or sell any security. SCV holds no securities licenses and is not qualified to provide investment advice. We are compensated for these advertisements by the profiled companies. You should not use this newsletter as the sole basis for any investment decision. While all investments involve risk, microcap stocks are among the most risky. Many microcap companies have no proven track record. You should only invest in microcap companies if you can afford to lose your entire investment. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. These profiles are paid advertisements. Although we have a reasonable belief that the information in each profile is accurate, we cannot guarantee that the information is accurate. It is important for you to verify all information by your own independent research. You are receiving this message because you have agreed to receive emails from SmallCapVoice.com. You may opt out of our distribution list at any time by clicking on the "unsubscribe" link below. Link to full disclosure about compensation paid to SmallCapVoice.com, Inc. by companies featured on our website or in our e-mail communications. |
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