Medindia
Medindia LOGIN REGISTER
Advertisement

These Four Companies Deserve Your Attention in June

Friday, June 17, 2016 Corporate News
Advertisement
MIAMI, June 17, 2016 /PRNewswire/ --
Advertisement

DailyStockReporter.com Briefing: Helios and Matheson Analytics Inc. (NASDAQ: HMNY) could have been considered a "penny stock" a few weeks ago and since then the stock has seen an incredible run of more than 1,400%.  The catalyst? The company announced that they plan to merge. With the new partnership, Helios and Matheson plans to leverage its artificial intelligence capabilities and deep learning and analytics expertise to enable RedZone Maps to further expand its crime mapping capabilities globally.  Even after pulling back fro those highs, shares of HMNY have managed to rebound by more than 30% as of Friday's (6/17) high at $13.29
Advertisement

Progressive Care, Inc. (OTC: RXMD) has seen a stronger turn-around in price movement on Friday as compared to Thursday (6/16).  After announcing strong monthly revenue and prescription figures on Wednesday, the news that the company would forego certain acquisitions may have been taken as a negative. However further guidance released on Friday shows that the company's goals are still in line with what it has previously stated, to create shareholder value through revenue generating acquisitions.  

According to the company, due to the changing rules set by Centers for Medicare & Medicaid Services it will greatly increase the number of denied claims by home health care agencies, reducing the number of patients who would qualify for home health care coverage What that would mean, should the acquisitions gone through, is that Progressive could have paid premiums for would might have ended up being underperforming business units due to these CMS changes. The clarity further revealed in today's shareholder update seems to have struck a positive cord in the market as shares of Progressive Care have rebound by as much as 35%.  Shares of RXMD have traded as high as $0.0539 during the month of June

LifeClips Inc. (OTC: LCLP) announced earlier this week that the company would be taking presale orders for its SoloVu 4K action camera.  LCLP's SoloVu™ 4k Action Cameras has several key features that competitors like GoPro do not come standard with, such as; an internal gyroscope for greater image stabilization, built in motion detection for activation, and a 12 mega-pixel image camera.  These features have afforded the company to gain attention by many in the tech world who are familiar with the growing demand and usage of action cameras.  In a statement by the CEO, Bob Gruder stated, "This has been an exciting month for LifeClips. It is with great pleasure and pride that we begin our pre-sale for SoloVu™. If it seems that we are being aggressive in our development as a company, we are! It is my goal and the goal of the entire (LCLP) team to ensure the growth & success of LifeClips and to continue to provide outstanding shareholder value."

Share have traded in a range of $0.54 to $0.63 this week and continue to see an increase in positive market sentiment during the month of June

Sky Solar Holdings, Ltd. (NASDAQ: SKYS) has increased by more than 30% from Thursday's closing price, today. This morning the company announced that  based on quarterly earnings, the company suffered less of a loss than originally expected. This news has resonated in the market with bullish sentiment remaining high on Friday.  Sky Solar said total revenue grew 14 percent to $11.7 million in the three-month period from $10.3 million in the comparable period. Of this, electricity revenue accounted for $9.9 million representing 94 percent jump over the previous year quarter. However, revenue fell short of the Street predictions of $13.45 million.

DISCLAIMER:  DailyStockReporter.com is Source of all content listed above.  FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with DailyStockReporter.com or any company mentioned herein.  The commentary, views and opinions expressed in this release by DailyStockReporter.com are solely those of DailyStockReporter.com and are not shared by and do not reflect in any manner the views or opinions of FNM.  The companies that are discussed herein may or may not have approved the statements made in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM was not compensated by any public company mentioned herein to disseminate this press release.

FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

Contact Information: Company:  FN Media Group, LLC Contact e-mail:  [email protected] U.S. Phone: +1(954)345-0611 URL: http://www.financialnewsmedia.com SOURCE FN Media Group, LLC

SOURCE FN Media Group, LLC

Sponsored Post and Backlink Submission


Latest Press Release on Corporate News

This site uses cookies to deliver our services.By using our site, you acknowledge that you have read and understand our Cookie Policy, Privacy Policy, and our Terms of Use  Ok, Got it. Close