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| MLCG Expands Sales International TRTC Nears CBD Line Through Sub |
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 Hot Stock to Watch
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Company: Terra Tech Corp (OTCQB: TRTC)
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End of Day:
Price: 0.3489
Change (%): + 0.0689 (24.61)
Volume: 2,635,561 |
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Inergetics' Scientific/Medical Advisory Board to Meet as Company Enters Final Development Phase of New CBD Product Line
Board to Offer Final Review of Product Formulation Prior to Manufacturing and Launch in Medical Marijuana Dispensaries
NEWARK, N.J., Oct. 21, 2014 /PRNewswire/ - Inergetics, Inc. (OTCBB: NRTI), a world-class developer of nutritional supplements, today announced that it will convene a meeting of its Scientific/Medical Advisory Board on November 20, 2014 in San Francisco/Oakland, California. The advisory board is responsible for guiding the formulation of the proprietary line of natural Cannabidiol (CBD)-based nutritional supplements that Inergetics is planning to bring to market next year.
The meeting is being convened by Inergetics’ Chief Science Officer, Carl Germano, RD, CNS, CDN, and will feature the five members of the advisory board: Dr. Justin Fischedick, Dr. Joseph McSherry, Dr. Michelle Sexton, Dr. Yu Shao and Dr. Mark Wallace. Additional participants will include Inergetics CEO Mike James and CMO Jim Kras.
“As we enter the third and final phase of product development for our CBD line of nutritional supplements, we wanted to convene our Scientific/Medical Advisory Board for its final review of and recommendation on the product formulation prior to our beginning the manufacturing process,“ said Carl Germano. “I look forward to a productive meeting as we continue to mark significant progress toward the market launch of our initial phytocannabinoid product in 2015.”
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 Yesterday's Top Performer
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Company: ML Capital Group, Inc. (OTCQB: MLCG)
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End of Day:
Price: 0.003
Change (%): + 0.0009 (42.86)
Volume: 5,511,440 |
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ML Capital Group Expands Product Sales to Europe
Board to Offer Final Review of Product Formulation Prior to Manufacturing and Launch in Medical Marijuana Dispensaries
FOUNTAIN HILLS, AZ-(Marketwired - Oct 21, 2014) - ML Capital Group, Inc. (OTCQB: MLCG), owner of the SuperStar Vapor Pen™, the SuperStar Dispensaries smart phone application, and SuperStar Medical Marijuana Recipe Book, is pleased to announce that it started to add sales representatives in Europe. One of its reps based in Oslo, Norway has begun to sell products in that country, and additional sales are anticipated in Helsinki and Copenhagen in the next few weeks.
ML Capital Group CEO Lisa Nelson stated, “Based on our research, the market for electronic smoking devices and accessories in Europe in huge. We have already established channels and representatives to sell our product overseas, and believe this expansion of our reach will take us to a whole new level.“
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Other Small Cap News
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Company: El Tigre Silver Corp. (TSX-V: ELS) (OTCQX: EGRTF)
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El Tigre Silver Announces Appointment of Wade Anderson as Co-CEO
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 21, 2014) - El Tigre Silver Corp. ("El Tigre" or the "Company") (TSX-V: ELS) (FRANKFURT:5RT) (OTCQX: EGRTF) The Board of Directors is pleased to announce the appointment of Wade Anderson to the newly created role of co-CEO. Mr. Anderson will share the position of co-CEO with El Tigre's current CEO and President, Stuart Ross.
Mr. Anderson joined El Tigre as a Director in 2010. In his new role as co-CEO, Mr. Anderson's responsibilities will include oversight of financial and capital markets activities as well as managing the execution of the Company's strategic growth plan. Mr. Ross, as co-CEO will continue to be responsible for day-to-day operations.
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Company: mCig®, Inc. (OTCQB: MCIG)
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mCig(R), Inc. and Omnicam Execute Landmark Distribution Agreement for VitaCig(R) Covering South Korea - Company Raises Full-Year Guidance
BELLEVUE, Wash., Oct. 21, 2014 (GLOBE NEWSWIRE) -- mCig®, Inc. (OTCQB:MCIG) ("mCig"), a technology company that owns, manufactures, and distributes the mCig®, VitaCig®, and Vapolution products, is pleased to announce that the company's wholly owned subsidiary: VitaCig, Inc. has executed a historic distribution agreement awarding San Francisco based Omnicam and its Korean partner Kooleever Inc. with exclusive rights to distribute VitaCig® products in the Republic of Korea in territories covering a population of 50 million people. Koolever has already contracted with over 160 stores that will begin retailing the VitaCig® units over the next few weeks. Additional stores are expected to come on-line in December 2014.
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Market News
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By Ryan Tracy: The Wall Street Journal
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Fed to Banks: Shape Up or Risk Breakup
WASHINGTON - Federal Reserve officials sent a warning shot across Wall Street on Monday, telling bank executives they must do more to curb excessive risk-taking and improve employee behavior at their firms or face stiff repercussions, including being broken into smaller pieces.
Federal Reserve Gov. Daniel Tarullo and Federal Reserve Bank of New York President William Dudley, in closed-door speeches Monday to bank executives gathered at the New York Fed, said Wall Street must clean up its behavior and image, according to copies of their remarks provided by the Fed. The regulators made it clear they aren’t satisfied with bank’s efforts in the six years since the financial crisis shattered public trust in big banks, citing ongoing probes of banks for currency-market and interest-rate manipulation, tax evasion and efforts to skirt international sanctions.
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By Peter Schacknow: CNBC
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Early Movers: MCD, VZ, KO, UTX, HOG, CMG & more
Check out which companies are making headlines before the bell:
McDonald's - The fast food giant reported third quarter profit of $1.09 per share, shy of estimates of $1.37, although the company points out there were many one-time items in that calculation. Revenue was shy of estimates, and the fast-food chain said by all measures, its performance during the quarter fell short.
Travelers - The insurer reported profit of $2.61 per share for the third quarter, beating estimates of $2.27, with revenue also above forecasts. The company's results were helped by higher investment income and lower catastrophe losses.
United Technologies - The company earned $1.82 per share for the third quarter, excluding certain items, above the $1.81 consensus estimate. United technologies said profit margins continue to expand and that it is seeing particular strength in its building and industrial systems businesses.
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