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| MJNA Garners National Press Coverage TRTC Partner NRTI Nears CBD Line Launch |
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 Hot Stock to Watch
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Company: Medical Marijuana Inc. (Pink Sheets: MJNA)
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End of Day:
Price: 0.1805
Change (%): - 0.002 (1.10)
Volume: 2,217,663 |
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National Press Coverage for Medical Marijuana, Inc. -- Portfolio Company Kannalife Sciences Awarded NIH License to Develop Target Drugs to Treat Concussion Syndrome CTE Using Marijuana
KannaLife Sciences Obtains License From NIH to US Patent 6,630,507 -- Cannabinoids as Antioxidants and Neuroprotectants (the '507 Patent) -- for Drug Development Using Medical Marijuana to Treat CTE a Silent and Deadly Condition Found in Many Retired NFL Players
SAN DIEGO, Aug. 5, 2014 (GLOBE NEWSWIRE) - Medical Marijuana, Inc. (OTC Pink: MJNA) is pleased to announce that one of its investment portfolio companies, KannaLife Sciences, Inc. (“KannaLife”), a bio-pharmaceutical and phyto-medical company, has been awarded its second license agreement by the National Institutes of Health (NIH) to develop adrug to treat a concussion syndrome called CTE using derivatives from medical marijuana. The license agreement is in effect through February, 2021. In addition to CTE, in June 2012, KannaLife was previously awarded an exclusive license from NIH, for the same ’507 Patent, for the development of a target drug candidate for treating Hepatic Encephalopathy (HE).
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Company: Terra Tech Corp (OTCQB: TRTC)
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End of Day:
Price: 0.352
Change (%): - 0.0416 (10.57)
Volume: 3,525,408 |
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Inergetics Enters Second Phase of a Three Phase Process to Launch its CBD-Based Supplements
Innovative Technology and Pharmacokinetic (PK) Studies Lead Path to CBD efficacy.
NEWARK, N.J., Aug. 5, 2014 /PRNewswire/ - Inergetics, Inc. (OTCBB: NRTI), a leading developer of nutritional supplements, today announced the beginning of the second phase of development towards the launch of its proprietary line of natural cannabidiol (CBD)-based nutritional supplements it is developing in partnership with Terra Tech Corp (OCTBB: TRTC).
Bioavailability is an important measurement of how efficiently a substance is taken into the body. Published scientific studies report CBD oral bioavailability in the range of between 10 - 20%. Efforts to increase its bioavailability and therapeutic benefits in the body is a major point of differentiation to CBD products.
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 Yesterday's Top Performer
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Company: Fuelstream, Inc. (OTCQB: FLST)
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End of Day:
Price: 0.0015
Change (%): + 0.0005 (50.00)
Volume: 202,997,697 |
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Fuelstream Signs Term Sheet for Revolving Line of Credit of up to 1.0 Million Dollars
SUNRISE, FL-(Marketwired - Aug 5, 2014) - Fuelstream, Inc. (OTCQB: FLST) (“Fuelstream” or the “Company”) announced announced today that it has signed a term sheet with NuVenture Lending, LLC, a Salt Lake City-based financier, to provide the Company a revolving line of credit of up to $1.0 million for purchases of airline fuel for resale to customers. The term sheet is subject to customary due diligence by the lender, whose representatives intend to make a site visit to the Company’s Florida headquarters on Friday this week. If the due diligence and site visit are satisfactory to the lender, the Company expects to execute definitive agreements concerning the line of credit one to two weeks thereafter.
Commenting on the proposed transaction, Thomas McConnell, Fuelstream CEO, said: “We welcome the opportunity to secure additional credit facilities to expand our business and add to the number of flights Fuelstream can service. An additional line of credit will facilitate increased sales activity and greatly assist in the Company’s growth and development.”
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Other Small Cap News
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Company: Sibling Group Holdings, Inc. (OTCQB: SIBE)
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Sibling's Blended Schools Network Division K-12 Content Now Available on Gooru
AUSTIN, TX--(Marketwired - Aug 6, 2014) - Sibling Group Holdings, Inc. (OTCQB: SIBE), (the "Company"), an educational technology holding company, announced today that its Blended Schools Network ("BSN") division is offering the first unit of each of their K-12 online courses on Gooru, which is the most widely used Open Education Resource (OER) for educators from around the world.
Gooru (www.goorulearning.org) provides a free web-based solution for personalized learning. With Gooru, teachers can find standards-aligned multimedia learning resources on any K-12 topic, remix web and original content to create custom collections, share collections with students to meet their unique needs, and monitor the real-time engagement, comprehension, and progress of their students. Teachers can browse courses in Gooru's extensive K-12 libraries to get started and create customized content for their classroom. Gooru reports that over 600,000 teachers in 210 countries/territories and all 50 United States use Gooru in their classrooms to help students reach their full potential.
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Market News
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By Pras Subramanian: Yahoo Finance
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Slow grind with low volatility the market’s new normal
It's been the summer of ‘Fancy,’ as captured by Iggy Azalea’s catchy pop tune, but for the stock market it has been anything but - more like pedestrian if you ask most market watchers. Another day of grinding lower yesterday has Joe Fahmy of Zor Capital thinking he’s seen this story before.
“I think the market’s had a similar pattern for the past two years, where we tend to grind up in a liquidity driven, low volatility environment and it just grinds and grinds slowly,” he says in the attached video. “Then when sentiment gets too bullish, we see these swift corrections sometimes a few days, a week or so, especially in the small caps, and then the sentiment completely shifts from too bullish to too bearish very quickly.”
The end of last week and a slight down day yesterday could mean the market is stuck in one these swift corrections as Fahmy noted above. Eventually the selling stabilizes, then stocks grind higher once again.
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By Matt Clinch: CNBC
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Market rout continues; Greek stocks lose 4%
Any brief respite at the start of the trading week looked increasingly like a "dead cat bounce" on Wednesday, with global investors continuing to shun riskier assets like equities.
Major stock indexes in the U.S. lost nearly 1 percent on Wall Street on Tuesday, with Asian stocks following them lower overnight. U.S. equities pointed to another negative open on Wednesday, but it was in Europe where the pain was felt most.
Major European bourses saw heavy selling with the German DAX trading lower by 1.4 percent by 1:00 p.m. London time. Italian and Portuguese stocks were down over 2 percent, and Greece's tanked nearly 4 percent in the morning session.
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