Greenpro Capital Corp (NASDAQ:GRNQ) fell 20% last week. The company’s incubator firm Angkasa-X entered an MOU with Silkwave Holdings Limited to form a joint-venture strategic alliance to create and run the first GEO-LEO combined services and satellite network platform in the world. It will be offering integrated satellite services addressing the varying needs in the ASEAN region in multimedia infotainment, internet connectivity, precision tracking and navigation, vehicle-connected services, and environmental…
Cinedigm Corp (NASDAQ:CIDM) Stock Jumps 10% in a Week: More to Come?
Cinedigm Corp (NASDAQ:CIDM) jumped 10% last week after releasing its interim unaudited financial results for fiscal Q1 2022.Consolidated revenues were up 149% YoY to $15 million, driven by ongoing streaming growth, especially in the ad-supported streaming operations and sales from Digital Cinema equipment. The streaming channel generated 181% YoY, while ad-supported streaming revenues were up 301% YoY. Notably, subscription streaming channel revenues were up 88% YoY, with streaming digital content…
Ardelyx Inc. (NASDAQ:ARDX) Stock On The Watchlist After The Recent News
Ardelyx Inc. (NASDAQ:ARDX) is in focus after announcing the publication of its long-term 52-week third phase PHREEDIM study in the American Society of Nephrology Journal, Kideny360.CEO and President Mike Raab said that the study assessed tenapanor monotherapy. It was the third of the three third phase studies conducted in the evaluation of tenapanor for serum phosphorous control in chronic kidney disease patients on dialysis. Mike said that the data from…
ADAMIS Pharmaceuticals Corporation (NASDAQ:ADMP) Stock Continues to Gain Momentum: Now What?
ADAMIS Pharmaceuticals Corporation (NASDAQ:ADMP) is up 8% in a month. Recently the company received a notice from The Nasdaq Stock Market LLC’s Listing Qualification Department regarding its failure to file its Quarterly Reports on Form 10-Q for the quarter ending June 30, 2021, as well as for the quarter ended March 31, 2021. As a result of the failure, the company is not compliant with listing Marketplace Rule 5250(c)(1). The…
Assure Holdings Corp (OTCMKTS:ARHH) Stock In Focus After The Recent Development
Assure Holdings Corp (OTCMKTS:ARHH) jumped 15% last week after announcing the submission of an application for NASDAQ Capital Market listing. In connection with this application, the company’s Board of Directors approved a 5:1 common stock shares consolidation to meet NASDAQ’s minimum share price requirement and its board committees’ realigning as per the NASDAQ rules. Equally, the Board approved the adoption of a new Business Conduct and Ethics Code and new…
CytoDyn Inc. (OTCMKTS:CTDY) Stock Attempts To Rebound: What’s The Buzz?
CytoDyn Inc. (OTCMKTS:CTDY) jumped 3% after issuing a statement to shareholders commenting in the Court Order entered by US District Court Judge in the suit by the company against a Bruce Patterson and Paul Rosenbaum-led activists group. The Order issued regarding the Activist Group’s email solicitations yet to be filed with SEC in violation of SEC rules stated that Email Solicitations comprise solicitations for SEC Act of 1934 purposes and…
Innovative Payment Solutions Inc. (OTCMKTS:IPSI) Stock Moves Up On High Volume
Innovative Payment Solutions Inc. (OTCMKTS:IPSI) jumped 27% after announcing an amendment to the previously submitted Preliminary Proxy Statement Notice of Annual Meeting of Stockholders. The updated Preliminary Proxy Statement proposes the voting on a reverse share split of all outstanding and issued common stock shares at a ratio of 1 share for a number of shares between 2 and 30 that the Board of Directors will determine. Already the company…
ILUS International Inc. (OTCMKTS:ILUS) Stock Soars 180% in a Month: But Why?
ILUS International Inc. (OTCMKTS:ILUS) jumped 7% and 180% in a month. After acquiring three companies so far this year, the company is working on adding more acquisitions. At the same time, develop, test, and certify new technologies to add to the current disruptive patented tech stable. To leverage the acquisitions, the company has appointed Jason Bolze as a sales director. Bolze has over ten years of sales experience that include…
Endo International Plc (ENDP) Stock Sees Selling Pressure At Higher Level
The previous week was not a particularly great week in the capital markets for Endo International Plc (NASDAQ:ENDP) as the company saw its stock tank by as much as 9% through the period. The company had a setback back on August 31, 2021 when the United States District Court for the District of Delaware ruled that Eagle Pharmaceuticals Inc had not infringed on patents of Endo in relation to the…
FinTech Group Inc (FTFT) Stock Bullish Action: What to Expect Now?
Well known blockchain powered e-commerce company and financial technology services provider Future FinTech Group Inc (NASDAQ:FTFT) came into sharp focus among investors last week. The Future FinTech stock jumped by 10% on Friday and took its gains for the previous week to as much as 15%. In this context, it is important for investors to take a look at an announcement from the company back on Friday. The company revealed…