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| Huge News Out Today from PSID, BICX and MJNA |
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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: 0.082
Change (%): - 0.002 (2.38)
Volume: 82,725 |
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BioCorRx, Inc. Announces Reinstatement of Letter of Understanding to Acquire Naltrexone Implant Formula for Treating Addiction
Los Angeles, March 18, 2015 (GLOBE NEWSWIRE) - BioCorRx, Inc. (BICX), developer of the Start Fresh Program® used for the treatment of alcohol and opioid dependence, announces the reinstatement of the letter of understanding (LOU) to acquire Trinity Rx Solutions and all of its formulas. The list of formulas includes the naltrexone pellet formula that is used to make the implant for which the Company currently has exclusive use rights in the U.S. and abroad (excluding Australia and New Zealand). The LOU has been reinstated with the understanding that the parties will close on a definitive agreement by the end of the year.
In November 2013, President Obama signed the Drug Quality and Security Act, which changed the compounding laws to allow a new type of compounding pharmacy to be established. These compounding pharmacies, called “outsourcing facilities,” will fall under federal oversight presumably resulting in greater patient safety. The new law was the result of a deadly meningitis outbreak caused by a New England compounding pharmacy in 2012.
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Company: PositiveID Corporation (OTCQB: PSID)
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End of Day:
Price: 0.0265
Change (%): - 0.0024 (8.30)
Volume: 1,430,901 |
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PositiveID Corporation Files Additional U.S. Patent for Its Firefly Dx Real-Time PCR System
Company Now Has Four Patents and Patents Pending for Firefly Dx
DELRAY BEACH, Fla., March 18, 2015 (GLOBE NEWSWIRE) - PositiveID Corporation (“PositiveID” or “Company”) (OTCQB:PSID), a developer of biological detection and diagnostics solutions, today announced that it has filed an additional U.S. patent for its Firefly Dx real-time PCR (polymerase chain reaction) pathogen detection system titled, “A Cyclical PCR Device with Reusable Heat Zones.” This brings the Company’s patents and patents pending for Firefly Dx to four, and the Company’s total number of patents and patents pending to 18.
Firefly Dx is designed to provide real-time, accurate diagnostic results using PCR chemistry in a handheld device, thereby leading to treatment scenarios at the point of need that are not possible with existing systems, which require lab-based equipment and can take hours or even days to provide results. This new patent application covers a PCR device to provide test results in less than 20 minutes while still using standard laboratory volumes and processes in an automated cartridge.
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SmallCapVoice Clients' News
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Company: Medical Marijuana Inc. (Pink Sheets: MJNA)
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Photo Release -- Medical Marijuana, Inc. Announces Appointment of New President, CEO and Additional Members to the Board of Directors
Longtime Cannabis Industry Veteran and Wall Street Finance Expert 'Humbled' to Take the Helm of the First-Ever Publicly-Traded Cannabis Company
SAN DIEGO, March 18, 2015 (GLOBE NEWSWIRE) - Medical Marijuana, Inc. (OTC Pink:MJNA), a leading industrial hemp industry innovator, is proud to formally announce the appointment of cannabis industry veteran and finance expert Dr. Stuart Titus as President and Chief Executive Officer, along with the appointment of four new members of the Board of Directors.
“I’m excited and humbled to accept the role as Medical Marijuana, Inc.’s President and Chief Executive Officer,” states Mr. Titus. “I have watched the company grow from a startup with a world of possibilities, to a trend-setting leader that has developed some of the world’s most widely known and consumed cannabis products, including the launch of the world’s first cannabidiol (CBD) consumer product line. These products started a revolution in the hearts and minds of so many. The thing I have been most touched and humbled by is hearing from family members of our shareholders and consumers about how the company and its products have helped improve their quality of life and changed how they felt about cannabis-based products and their current regulatory status. I may have been the seventh investor in Medical Marijuana, Inc., but now I am one of nearly 200,000 active shareholders who hold the same values and promise for this company and industry that I do.”
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Other Small Cap News
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Company: BioLargo, Inc. (OTCQB: BLGO)
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BioLargo's Odor-No-More Awarded Exclusive Supplier Contract From the Defense Logistics Agency
SANTA ANA, CA--(Marketwired - Mar 18, 2015) - BioLargo, Inc. (OTCQB: BLGO) announced today that its Odor-No-More subsidiary, through its distributor Downeast Logistics, was awarded a $150,000 "Indefinite Delivery Purchase Order" (IDPO) for its Specimen Transport Solidifier pouches by the U.S. Defense Logistics Agency (DLA). The purchase order allows the DLA to purchase the product at agreed-upon prices for the following 12 months. In exchange, the company is awarded the contract to be the exclusive supplier of the designated product under the IDPO. The DLA has the option to expand the maximum award up to $300,000 for the year.
Additionally, the company recently received an initial order for its liquid "Pet Stain and Odor Eliminator" to be resold under a private label agreement branded with its customer's "Catastic" brand through the Amazon selling channel.
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Company: Technology Applications International Corporation (OTCBB: NUUU)
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Rejuvel Int'l, Inc. Announces Pending Entry Into Mainland China and Hong Kong With Its NASA* Licensed Technology
MIAMI, FL--(Marketwired - Mar 18, 2015) - Rejuvel Int'l, Inc., a wholly owned subsidiary of Technology Applications International Corporation (OTCBB: NUUU), creators of its "cruelty free" REJUVEL 3D skin care products announced today that it has procured Mr. Tan Cheng Tee, President of the Infiniti Beauty & Wellness Company, in Causeway Bay, Hong Kong, to be their agent of record for Chinese registration of its products. Infiniti currently distributes cosmetics products throughout China and Hong Kong as well as other countries in Asia.
According to iResearchChina.com, the Chinese retail market for cosmetics products was 54.32 billion dollars in 2013 and is estimated to top 114 billion dollars by 2017. Since 2010, cosmetics retail sales have seen an average annual growth rate of 20.8%. The iResearch study attributes this stable growth to the well developing online shopping atmosphere, which has strengthened consumers' trust in online shopping in general.
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Market News
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CNBC
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Dollar bulls bank on Fed losing its patience
The dollar (New York Board of Trade (Futures): =USD) traded flat on Wednesday ahead of the conclusion of a Federal Reserve meeting expected to take a major step toward lifting interest rates for the first time in almost nine years.
After another surge for the U.S. currency in the past two weeks, markets have largely priced in the Fed dropping its reference to patience on policy, clearing the way for a rate hike as early as June.
Anything less, or an explicit warning from the Fed that the dollar's strength may slow it down on policy moves, would be likely to provoke a sharp retreat in the dollar, although analysts are split on which currencies would benefit most.
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CNBC
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How far will oil fall? 'No one can tell you'
Crude oil have plumbed fresh six-year lows, touching down to $42.18 on a report from the American Petroleum Institute calling a build in supplies. That's a long way from $107, where oil traded just nine months ago. But experts don't think the bottom is in just yet. In fact, they have no idea when the slick slide will finally stop.
"When oil broke $110 a barrel, it broke economic reality. Consumers simply can't afford the gasoline that you net out from that price" said Stephen Schork , editor of the Schork Report. "This is the same thing in reverse. We've diverged from reality and reason."
Schork says that in the short-term, $42.20 and $40 will serve as important levels but added that "all I can do is follow the momentum."
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