FTE Networks (OTCQX: FTNW) this morning said it has formed a strategic advisory board to provide senior counsel as it identifies and executes opportunities to advance the deployment of its disruptive multi-edge computing services. A leading network infrastructure company for Fortune 500 companies, FTE Network is filling this advisory board with a powerful caliber of experienced professionals.

“The establishment of our Strategic Advisory Board represents our commitment to build on the company’s recent momentum and pursue smart, strategic growth opportunities,” Michael Palleschi, FTE Networks’ chairman of the board and CEO, stated in the news release. “Each member brings extensive cloud and open compute expertise, and will be a tremendous asset as we develop our next generation business of data center and multi-edge computing services.”

Initial members of the Multi-Edge Computing Strategic Advisory Board include John Morgan, a 25-year veteran in the communications and IT industries. Morgan currently works with operators to improve network coverage and capacity through the adoption of open source hardware and software. He previously worked for Accenture (NYSE: ACN), where he was global technical lead for legacy network migrations, working with operators on product rationalization and simplification, copper to fiber migration platform implementations, and decommissioning strategies for copper and central office equipment. Prior to Accenture, Morgan held executive positions with several software start-up firms in the communications industry, as well as with leading operators such as Verizon (NYSE: VZ), Level 3 Communications (NASDAQ: LVLT), and Genuity. His background includes various roles in network planning and engineering, product management, OSS/BSS development, finance and operations.

David Kalinske has also been named to FTE Network’s new board. Kalinske is the chief of staff for A3 by Airbus Group (OTC: EADSY) and is a former aide to President Barack Obama and former President George W. Bush – a role in which he received the Defense Superior Service Medal for superior meritorious service. He also served as a research engineering leader with Lockheed Martin Aeronautics (NYSE: LMT) and founded Global Hybrid Company, an airborne logistics provider utilizing the revolutionary Hybrid Airship. A TOPGUN graduate and a Marine Corps fighter squadron commanding officer, Kalinske was selected via scholarship into the Harvard University, Kennedy School of Government, National Security Fellow program with a focus in the study of cybersecurity policy.

Also joining the board is Eric Salzman, senior managing director of Monarch Capital Group, LLC and independent director on several technology company boards. Salzman has 20 years of experience improving operations and finances of communications and software companies. He previously spent eight years at Lehman Brothers as a managing director in the Private Equity and Principal Investing Group, as well as a managing director in the Global Trading Strategies Division, including three years managing the operational and financial restructuring of dozens of companies within the Lehman Bankruptcy. Prior to Lehman Brothers, Salzman was a senior investment professional focused on the technology and communications industry at a multi-strategy hedge fund and at two growth-oriented private equity funds.

For more information, visit: www.ftenet.com

With diversity being both a legal and popular factor in business, and with businesses facing a more diverse customer base, companies are making a conscious effort to develop and maintain a more culturally diverse workforce. Immigration, politics, new generations, women in leadership, family dynamics, income, and a shift in religious beliefs are just some of the factors affecting diversity. According to the Pew Research Center (http://dtn.fm/9AhWg), America is expected to become significantly more ethnically diverse in the next 50 years, due partially to new Asian and Hispanic immigration.

With the U.S. and other countries becoming more diverse, new research has been underway surveying over 450 multi-million dollar companies across the globe looking at a total of 128 different aspects of talent management. According to a Forbes (http://dtn.fm/6KfWP) article, research shows that gender and ethnically diverse companies are more likely to outperform competitors by 15% and 35%, respectively. In addition, companies with women on their boards statistically outperform peers over longer time frames.

The mission of Professional Diversity Networks, Inc. (NASDAQ: IPDN) is to provide professionals a trusted network that pairs members with employers who are serious about creating a more diverse workforce, employers that value diversity within their companies. Professional Diversity Networks works off the principle that companies seek to meet the needs of an increasingly diverse customer base.

Network members looking for jobs can get started on their search with three simple steps: creating a profile, applying for jobs, and finding hiring employers. The technology IPDN offers allows for a more creative and productive job search due to the fact that employers on the site are looking to hire aspiring employees from a diverse range of backgrounds.

For more information, visit the company’s website at www.prodivnet.com

Before the opening bell, OurPet’s Company (OTCQX: OPCO) announced that it has been awarded a 2016 Industry Recognition Award by the trade publication Pet Business for its innovative OurPets® Switchgrass Natural Cat Litter™ (http://dtn.fm/Ohb71). Originally unveiled at this year’s SuperZoo pet industry convention in Las Vegas, the company’s Switchgrass Natural Cat Litter with Biochar is a biodegradable, all natural, sustainable and non-food-based alternative to current offerings on the cat waste disposal market. Switchgrass, which is a core component of the cat litter, is a plant that is native to North America and does not require the use of fertilization or chemicals during growth. Additionally, when combined with natural, wood-based biochar, switchgrass has been shown to offer superior clumping strength alongside strong moisture and odor absorbency.

The benefits offered by OPCO’s natural waste management solution has caught the attention of those in the pet industry since its launch back in August, and the company’s recognition in Pet Business continues to build on this trend. The publication’s Industry Recognition Awards have been awarded annually for well over a decade to place a spotlight on “the most exciting and functional products on the market.” For OPCO, gaining coverage from Pet Business should help the company continue to increase brand awareness and build on its recent financial growth in the rapidly expanding pet industry, which the American Pet Products Association expects to surpass the $62 billion mark by the end of this year.

In October, OPCO gave prospective investors some insight into its recent growth through the release of its third quarter financial results. Among the highlights, the company recorded quarterly revenue of $7.26 million, marking a 21 percent increase over the similar period of 2015. Driven by initial shipments of both its Switchgrass Natural Cat Litter and its groundbreaking Intelligent Pet Care product line (http://dtn.fm/88Wjw), OPCO’s sales through the first nine months of 2016 were up nearly 10 percent year-over-year, growth that more than doubled the pet industry average.

“With the resumption of shipments to our major specialty pet retail customer, we were firing on all cylinders this past quarter,” Dr. Steven Tsengas, president and chief executive officer of OPCO, stated in the October news release. “Beyond 2016, our strategy is to achieve double-digit growth in sales and net income with an emphasis on developing and launching proprietary, innovative products and entering appropriate new market segments… We have many ‘irons in the fire’ and are very excited about the future.”

For more information, visit the company’s website at www.OurPets.com

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In real estate, it’s all about building relationships. From the moment clients get in touch with real estate agencies, a relationship is started. Agents are taught to create pathways to successful relationships and to be proactive in their quest for new clients. The first step in relationship management is relationship marketing.

Today, technology continues to change the way that companies do business and how they communicate, both internally and externally, including how they approach marketing. Aside from the traditional goals of building trust, ensuring positive personal interactions, and staying in contact with clients, agents are now forced to master technology in order to stay ahead of the game. With brick and mortar operations trying to compete with online ones, real estate agents are now required to use new and creative technological tools to build sustainable relationships with their clients, developing ways to keep clients for future business even when they are not in the market. To do this, agents must increasingly personalize relationship marketing.

GainClents, Inc. (OTC: GCLT) is taking strides toward making personalized relationship marketing more accessible and manageable to agents. GainClients is a software service company whose primary focus is the development and commercialization of marketing services for real estate professionals that provide consumers with valuable home search and information tools.

The chief goal of GainClients is to help real estate agents better serve their clients. The use of modern technology to organize and communicate information has become a key success factor for organizations, which is why GCLT invented the GCard, a progressive networking system designed to help agents and companies build and promote strong relationships among themselves and with clients. With the GCard, agents can now offer lending, title, and real estate services information through a web-based network.

The GCard offers a number of critical features, including the monitoring of client activity, a dashboard showing activity from the previous week, account preferences and graphs, as well as partner referrals and a handy newsletter feature that gives real estate agents the chance to write, schedule, and send regular newsletters to their customers. The GCard is currently available as an application for both iPhone and Android users.

For more information, visit the company’s website at www.gainclients.com

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In the ‘Advancing Sustainable Materials Management: 2014 Fact Sheet’ (http://dtn.fm/JH1hf) published last month, the U.S. Environmental Protection Agency (EPA) released statistics on the amount of municipal solid waste (MSW) and construction and demolition (C&D) debris generated by U.S. households and businesses. The rising amounts pose a growing risk to the environment and to our health. The range of materials requiring disposal is also increasing.

Since the dawn of the electronic and digital ages, varieties of electronic waste (e-waste), which include computers and associated devices and materials, have multiplied. This mountain of waste poses a troubling challenge to the health of the planet and its inhabitants. Thankfully, it is a challenge that has been taken on by Florida-based National Waste Management Holdings (OTC: NWMH). National Waste is a growing solid waste management company that provides compliant, comprehensive solutions for full waste diversion while managing long-term partnerships with municipal, institutional, commercial and industrial customers.

The EPA Fact Sheet shows that, in 2014, the last year for which comprehensive data is available, Americans generated 258 million short tons (2,000 lbs) of MSW. MSW includes residential waste (including waste from multi-family housing) and waste from commercial and institutional locations, such as businesses, schools and hospitals. About 13 percent, or 33 million short tons, of that was burned as part of an energy recovery scheme. Another 89 million short tons, representing about 35 percent, was recycled and composted, and 136 million short tons, or 52.7 percent, went into landfills.

In addition to the mound of MSW, huge quantities of C&D debris are being generated. In 2014, 534 million tons of C&D debris were disposed of. Concrete composed the largest portion of this assortment, accounting for about 70 percent. Asphalt or blacktop comprised some 14 percent, and wood products made up seven percent. Other products accounted for nine percent combined. Over 90 percent of total C&D debris comes from demolition, naturally, while construction activities generate the other 10 percent. This is all good news for National Waste. When it comes to environmental protection, the company has a range of services that mark it out as decidedly green.

National Waste operates a licensed 54-acre landfill in Hernando, Florida, that disposes of roughly 240,000 cubic yards of construction debris annually. Landfill services include the disposal of C&D debris, asphalt and rock, lumber and wood, brick, wallboard, drywall and plaster, pallets, rock concrete, dirt, sand and uncontaminated soil, plumbing fixtures, non-asbestos insulation, roofing materials and shingles, glass, piping, waste metal, brush and land clearing, yard and tree waste and many electrical and wiring components.

To complement these landfill services, National Waste offers a range of roll off containers for rental. Containers with 20, 30 and 40 cubic yard capacity are available. The company also carries a line of recycled wood mulch and garden mulch, for which it provides bulk delivery service if needed. National Waste’s mulch is proprietary, manufactured from reclaimed and recycled wood at its landfills and transfer stations.

National Waste is also in the vanguard of the thrust by the state of Florida to achieve 75 percent recycling by 2020. The company is looking to transform its services, as well as its fundamental business model, to include a portable picking station in order to meet that objective. The implementation of a portable sorting line at the landfill will enable National Waste to increase its recyclables rate.

National Waste will also start picking clean dimensional lumber, which can be sold to wood pellet producers. The picking station will increase its concrete recycling program by about 25 percent. Additionally, cardboard and shrink-wrap plastic will be baled. The company believes the market for shingles as a fuel and asphalt blend will be growing with momentum in the next year and is dedicated to recycling as much as it can from all of its services.

This aggressive strategy is already showing signs of success. Revenues for the third quarter ended September 2016 were $1.8 million. This represented a 269 percent rise over the third quarter 2015 figure of $0.5 million. Revenues for the nine-month period ended September 2016 were $4.9 million, representing similar growth over 2015 same period revenues of $1.3 million.

For more information, visit the company’s website at www.nationalwastemgmt.com

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The management at OurPet’s Company (OTCQX: OPCO) is driven by animal spirits. They’ve taken the quite mundane business of pet care and turned it into a high tech, high touch enterprise. Products now range from the groundbreaking OurPets® Big Dog Feeder® (http://dtn.fm/hG4WS) to the Intelligent Pet Care™ line (http://dtn.fm/dK3Al), which uses digital technologies to enhance communication with pets. In an industry that is growing twice as fast as the economy, OurPet’s Company is racing ahead at double the industry pace. In its third quarter 10-K, published November 14, 2016, the company shows that this pace has not lessened. Revenues for 2016 through the first three quarters were about 10% greater than for the same period a year ago.

When, in 1936, John Maynard Keynes coined the term ‘animal spirits’ in his magnum opus “The General Theory of Employment, Interest and Money”, he was describing the ‘spontaneous optimism’ on which ‘a large proportion of our positive activities depend’. The great man opined that ‘if the animal spirits are dimmed and the spontaneous optimism falters, leaving us to depend on nothing but a mathematical expectation, enterprise will fade and die’. In other words, however businesslike we may consider ourselves to be, in the end, we are irrational creatures, moved by sentiment and plagued by lack of information.

The animal spirits driving OPCO are not just pie in the sky, however. They are grounded in ‘mathematical expectation’, as the company’s latest quarterly report indicates. Net revenue for the nine months to September 2016 was $18.9 million, increasing by about $1.7 million over same period sales the year before. Net revenue for the third quarter of 2016 was $7.3 million, 21 percent higher than third quarter 2015 revenue of $6.0 million. Income after taxes for the nine-month period was also about 21% higher than the year before, and diluted earnings per share rose from $0.04 to $0.05.

OPCO continues its marketing focus on the pet specialty; food, drug and mass retail; and e-commerce distribution channels. Third quarter sales to pet specialty customers accounted for 48 percent of the company’s total, while mass retail sales and e-commerce sales made up 39 percent and eight percent, respectively. The other five percent of sales took place mostly through the value and closeout channels.

The strategy to implement a renewed marketing push was set in motion last year, when OPCO initiated its dual-branding approach. The OurPets® brand is targeted at the pet specialty channel, while the Pet Zone brand is sold to the food, drug and mass retail channel. Both brands are sold online through the company’s e-commerce effort.

Pet care is becoming big business as Americans lavish care and attention on their animals. The industry is expected to grow to almost $63 billion by the end of 2016. If pet care were a country, it would rank around #70 in economic size out of 196 economies. That, maybe, accounts for the animal spirits at OurPet’s Company.

For more information, visit the company’s website at www.OurPets.com

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Cellceutix (OTCQB: CTIX) CEO Leo Ehrlich in September issued a fiscal year-end business statement recapping the company’s ability to usher its three unique compounds through various stages of clinical trials to successfully meet primary endpoints and drop anchors in several key markets. Advancements of its current pipeline – spanning dermatology, cancer, infectious disease and gastrointestinal indications – also set the company on course to achieve another season of remarkable progress.

Cellceutix’s lead cancer drug candidate is Kevetrin™, an Orphan Drug anti-cancer agent entering phase 2a clinical trials for the treatment of ovarian cancer. Upon commercialization, Kevetrin would be the world’s first p53-modulating drug. The company is also conducting research to develop an oral formulation of Kevetrin, taking advantage of the drug’s short half-life of roughly two hours.

“If we can develop an oral Kevetrin dosing possibilities are numerous. Perhaps two times or three times a day and seven days a week. Now you know why we are excited. A drug activating p53 and dosed orally, we think would have blockbuster potential. More research needs to be done to validate the clinical effectiveness of Kevetrin as well as developing an oral formulation. But I’d hope investors now understand why we get excited about the possibility of developing both the world’s first safe p53 modulating drug and an oral formulation,” Ehrlich stated in the company’s fiscal Q1 2017 earnings call in September (http://dtn.fm/2l0JR).

Another propellant of progress is an anti-psoriasis drug candidate the company once called a “dark horse” or “long shot.” Advancing through two successful clinical trials, however, the potential of Cellceutix’s Prurisol™, now in phase 2b trials, is starting to take shape.

“We believe that the potential safety profile of Prurisol may make this an attractive alternative to Celgene’s (NYSE: CELG) OTEZLA, which is on its way to achieving $1 billion in sales within just three years of its launch,” Arthur P. Bertolino, MD, PhD, MBA, president and chief medical officer at Cellceutix, stated in a recent news release.

In the previously mentioned September business update, Ehlrich also noted Allergan’s (NYSE: AGN) $639 million acquisition of Vitae Pharmaceuticals’ (NASDAQ: VTAE) two clinical drug candidates, one of which is an oral therapy for psoriasis (http://dtn.fm/JJ3mQ).

“I share this with you because it exemplifies the premium that the industry is placing on new, oral psoriasis drugs, even those in mid-stage development. I’m not in the business of analysis, but it seems to me that Allergan values VTP-43742 at more than our total market capitalization. As such, we see a tremendous market opportunity with Prurisol and greatly look forward to initiating our Phase 2b trial in patients with moderate to severe psoriasis with emphasis on the Psoriasis Area and Severity Index (PASI). We’ve just advanced substantial start-up payments to vendors towards the trial, an action that we feel will continue to grow shareholder value.

“I wish to point out that Dr. Bertolino is now introducing Prurisol to large pharmas, most of which are embracing it for the first time. We believe that the path to a large financial deal is generation of comparably encouraging data in Phase 2b as recently seen in our completed Phase 2a trial,” he said.

Interim analysis of top-line phase 2b results of Cellceutix’s study is expected in the second quarter of 2017.

The third candidate in the pipeline is Brilacidin, which has shown antibacterial, anti-biofilm and anti-inflammatory properties in various pre-clinical studies. Currently underway is a phase 2 trial evaluating the oral rinse Brilacidin-OM for the treatment of chemoradiation-induced oral muscositis (OM), an inflammatory condition, in head and neck cancer patients.

“Having data, demonstrating Brilacidin can fight inflammation and doesn’t accumulate in the blood is a major benefit for what can be a painful and expensive condition that doesn’t have any FDA approved treatments. We greatly look forward to additional data from this trial expected in the first half of 2017,” said Ehrlich.

Cellceutix’s pursuit of FDA approval for the products in its pipeline is piquing the interest of larger peers, according to Ehrlich, which in recent months has resulted in more “high-level” business development meetings than at any other time in the company’s history.

“Over the years we have gone from a company with only a single lead drug candidate in an early clinical study to a company that has effectively has three lead drug candidates at mid-state trials targeting multiple indications with new possibilities cropping up regularly underscored by our robust pipeline. We’re having success at targeting multi-billion dollar opportunities with new drugs that can provide relief for millions of people worldwide suffering from hard-to-treat maladies. I believe that is more than ample reason to be excited about all that we have accomplished our future and the litany of catalyst expected in 2017,” said Ehrlich.

For more information, visit the company’s website at www.cellceutix.com

Before the opening bell, Singlepoint, Inc. (OTC: SING) issued an update on the corporate initiatives being taken by its SingleSeed subsidiary in order to better position itself in the growing domestic cannabis industry. Following November’s vote, more than half of all U.S. states have now legalized marijuana for either recreational or medicinal purposes, leading to a figurative ‘green rush’ comprised of businesses seeking to capitalize on the emergence of the industry. SingleSeed, in particular, is focused on providing improved access to electronic payment options for dispensaries and similar businesses. Although banking is currently highly restricted based on federal regulations regarding the legality of marijuana, Singlepoint’s management team forecasts a shift in the coming months, as more financial institutions begin to pursue ways to work with cannabis businesses moving forward.

“With the 2016 elections behind us, the favorable outcome for the cannabis industry has opened a floodgate of opportunity for cannabis merchants, consumers, and companies providing much-needed industry services, such as those offered by SingleSeed,” Singlepoint CEO Greg Lambrecht stated in this morning’s news release.

Originally reawakened from a quiet period in early November, SingleSeed is currently focused on providing credit card processing solutions for the legal cannabis industry. In an interview with Donald Baillargeon released late last week, Lambrecht offered prospective shareholders some additional insight into these efforts. Since announcing the reawakening of SingleSeed, Singlepoint has been “inundated with calls from dispensaries,” according to Lambrecht. While the company awaits a decision from the incoming administration that provides a long-term solution to the cannabis industry’s banking problem, SingleSeed is building a database of potential clients in the space that will likely give it a strategic advantage after the current banking woes are addressed.

“Additionally, we are already receiving significant demand from dispensaries asking for our payment solutions,” Lambrecht concluded. “We are excited that our fast-paced progression is well-aligned with market demand as we pursue and act on opportunities to capitalize on this billowing market.”

Although its options are currently extremely limited regarding electronic payments in the cannabis industry, Singlepoint is taking a proactive approach toward establishing a position in the burgeoning space. The company is currently in the process of revamping the SingleSeed website in order to better serve potential cannabis industry clients. Additionally, Singlepoint is making its existing text message marketing program available to dispensaries, allowing these businesses to better communicate with their members while experiencing the strategic benefits offered through maintaining a relationship with SingleSeed.

For more information, visit the company’s website at www.Singlepoint.com

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Cancer is the great scourge of our age. This year, 1.7 million Americans will find out they have the disease and some 600,000 will die from it. In total, approximately 40 percent of the population can expect to be diagnosed with cancer during their lifetime. The name “cancer” is derived from the Greek word for crab and may have been bestowed to indicate the tenacity of the disorder. Cancer tends to persist with the same relentlessness as the claws of a crab cling to a victim.

Yet despite its stubbornness, cancer treatments like chemotherapy have reduced fatalities. Cancer is a formidable foe, however, and the fight against it often leads to a Pyrrhic victory. Patients are left seriously debilitated. Now, SUSTOL® (granisetron) from Heron Therapeutics (NASDAQ: HRTX) is available to provide extended relief to chemo patients suffering from Chemotherapy-Induced Nausea and Vomiting (CINV).

About four million people worldwide receive chemotherapy, making it the most common treatment for cancer, but chemo comes with a number of pernicious side effects, one of which is CINV. Cancer patients identified CINV as the side effect of chemo they most wanted to avoid, ahead of depression, constipation, fatigue, diarrhea and sexual dysfunction. The abhorrence to CINV is thought to be the main reason leading to premature discontinuation of remedial chemo regimens.

Chemotherapy agents that give rise to the most intolerable bouts of nausea and vomiting are grouped as either Moderately Emetogenic Chemotherapy (MEC) or Highly Emetogenic Chemotherapy (HEC). About 30-90 percent of patients undergoing MEC treatments and more than 90 percent of those undergoing HEC ones experience vomiting without preventative treatment. Overall, some 70-80 percent of chemo patients experience CINV. These numbers show promising market potential for SUSTOL®.

SUSTOL® was launched in October and is the first and only approved
5-HT3 receptor antagonist offering an extended-release effect and five days of
CINV prevention for MEC and HEC regimens. The 5-HT3 receptor system regulates the body’s emetic (nausea and vomiting) responses. SUSTOL® has two important advantages over the market leader, Aloxi. First, it offers a true extended five-day release, as opposed to Aloxi, which drops off after three to four days, a period considered too short for most MEC and HEC regimens. Second, it has a higher profitability potential for oncologists. Over the past three and a half years, Aloxi has had unit sales in the U.S. of between 600,000-700,000 vials per quarter. Aegis Capital (http://dtn.fm/f2EEv), in a recent report, opines that ‘SUSTOL® represents at least a $300 million opportunity over the next five years’.

There’s more to Heron than SUSTOL®, however. The company’s present pipeline includes HTX-011 and HTX-019. HTX-011 is being tested for post-op pain in nerve block and post-op pain in local administration. HTX-019 is being evaluated for the treatment of CINV.

SUSTOL® and HTX-011 utilize Heron’s proprietary Biochronomer® drug delivery technology, which can deliver therapeutic levels of otherwise short-acting pharmacological agents over a period of days to weeks with a single subcutaneous injection. The Biochronomer® technology consists of bio-erodible polymers, which comprehensive animal and human toxicology studies have established to be safe and well tolerated. When injected into subcutaneous tissue, the polymers undergo controlled hydrolysis, resulting in a controlled, sustained release of the pharmacological agent encapsulated within the Biochronomer-based composition.

Aegis has set a ‘Buy’ rating and a price target of $41.00 on Heron stock, which is currently trading on the NASDAQ under the symbol HRTX at around $15.50.

For more information, please visit www.herontx.com

Neuralstem, Inc. (NASDAQ: CUR) is a biotechnology company whose patented technology allows for the production, on a commercial level, of a number of types of central nervous stem cells. These are in the development stage for the treatment of conditions and diseases of the central nervous system. The company recently announced the start of enrollment of patients for its phase II trial of NSI-189, a drug developed after Neuralstem did research into neural stem cell lines from the human hippocampus, a part of the brain involved in memory and the generation of neurons.

On November 7 of this year, Aegis Capital Corp. (http://dtn.fm/ep5M8) initiated coverage on Neuralstem, Inc., offering the company a 12-month target price of $2.25 with investment highlights including the enrollment of its phase II trial for NSI-189, the investment of $20 million from Tianjin Pharmaceuticals Holdings Group for completion of the phase II trial, the development of a stem cell platform, and its strong cash position.

Later, on November 10, 2016, Aegis Capital Corp. (http://dtn.fm/hF8ex) released an update to the report, reiterating the company’s ‘Buy’ rating and target price of $2.25 due to the release of Neuralstem’s quarterly results and the update on NSI-189. The company ended the third quarter of 2016 with $5.7 million in cash and cash equivalents with additional proceeds of $20 million from Tianjin Pharmaceuticals Holding Group being used mainly for the future development of NSI-189, the upcoming clinical trial for which is over 50% enrolled and is expected to deliver results as early as 2017.

Aegis Capital Corp. is not the only research analysts firm to take an interest in CUR. According to an article by Cerbat Gem Market News and Analysis (http://dtn.fm/YWjF2), a number of equities research analysts undertook coverage of the company, offering a similar ‘Buy’ rating. Brean Capital offered the company a target price on shares at $4.00 and Roth Capital set the company’s target price on shares at $1.20.

The article also pointed out that numerous hedge funds and other investors have modified their stakes in the company. Sabby Management LLC and Blair Williams & Co. both purchased new positions in CUR worth approximately $1.8 million and $122,000, respectively. CEO Richard J. Daly bought over 35,000 shares of the company worth just under $29,000. In addition, Vanguard Group, Inc. increased its position in shares by over 21%, giving the group ownership of over three million shares worth just under $1 million. Neuralstem is currently trading near $0.27 per share.

For more information, visit the company’s website at www.neuralstem.com