Progenics Pharmaceuticals, Inc. (NASDAQ: PGNX), a company focused on the development of innovative treatments and therapies for cancer, in particular prostate cancer, recently released its financial results for the third quarter of 2016, reporting higher revenue and net income compared to the third quarter of 2015. The growth can be primarily attributed to the FDA approval and U.S. commercial launch of its flagship product, oral Relistor®, for the treatment of opioid induced constipation in patients suffering from chronic non-cancer pain, according to an Aegis Capital Corp. analysis (http://dtn.fm/8EJce) released on November 8, one day after the Q3 results.

The Aegis report underlines that the strong Q3 results warrant the designation of a ‘Buy’ rating for Progenics and a higher stock price target of $11, compared to the current $5.71. In the third quarter, Progenics reported $53.9 million in revenue, compared to $1.4 million in Q3 2015, which reflects the significantly higher royalty income of $3.3 million from Relistor®, compared to $1.2 million during the same reporting period of 2015. Relistor®, in its tablet form, was approved by the Food and Drug Administration in July of this year, which triggered a $50 million milestone from the company’s commercialization partner, Valeant Pharmaceuticals International, Inc. (NYSE: VRX), along with subsequent royalties and the potential of sales milestones of up to $200 million. This was followed by the launch of oral Relistor® on the U.S. market in September. Total Relistor® sales (for both the oral and the subcutaneous versions of the product) amounted to $22.1 million, which resulted in $3.3 million in royalties.

In addition to the higher revenue, Progenics also announced a $50 million royalty-backed loan from HealthCare Royalty Partners. The loan matures on June 30, 2025, and will be repaid exclusively from royalties on future Relistor® sales, with a 9.8% per annum interest rate. Any future sales milestones from Valeant are excluded from the agreement. The loan helped Progenics end the quarter with $98.9 million in cash and cash equivalents, which is $24.8 million higher than the figure reported at the end of last year.

According to Aegis Capital, this loan will allow Progenics to have a cash balance large enough to support the launch of its next pipeline product Azedra®, a late-stage candidate being evaluated for the treatment of rare sympathetic nervous system tumors (pheochromocytoma and paragangliomas). Currently undergoing registration trials for the treatment, Progenics expects topline results in the first quarter of 2017. If the results are encouraging and the Azedra® trial meets the requirements of the Special Protocol Assessment, Progenics plans to submit a new drug application to the FDA in the first half of next year, with approval likely to happen by the end of 2017.

The Aegis report also mentions that, with its current cash balance and the expected Relistor® sales royalties, Progenics will be able to continue development of its oncology pipeline, which includes PSMA (prostate specific membrane antigen)-targeted imaging agents such as 1404 (SPECT/CT imaging agent currently undergoing a phase III study of 450 prostate cancer patients), PyL™ (a PET/CT agent that will begin to undergo phase II/III trials by the end of the year) and 1095 (with a phase I study in metastatic prostate cancer patients set to begin in the fourth quarter of 2016).

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

Nektar Therapeutics (NASDAQ: NKTR), a biopharmaceutical company in the business of developing new medicines for people living with life changing conditions, now helps more than nine million patients worldwide. Nektar also offers a proprietary pipeline made up of drug candidates for oncology, pain, anti-infectives, and immunology. The company has 12 approved products, including Movantik, Adynovate, and Onzeald.

Movantik, which is used for the treatment of opioid induced constipation, was approved for sale in both the U.S. and Europe in 2014, allowing Nektar to see a significant increase in sales and royalty payments. Adynovate, used in the treatment of hemophilia A in patients aged 12 and above, was approved for sale in the U.S. in 2015. The company also partnered with Shire, giving Nektar an extra $55,000 in sales.

Onzeald is used in the treatment of metastatic breast cancer with brain metastases. The company partnered with Daiichi Sankyo on June 1, 2016, giving Daiichi exclusive commercialization rights in the European Economic Area, Switzerland, and Turkey. This partnership could potentially give Nektar a total of $60 million in commercial and regulatory milestones.

In addition, Nektar Therapeutics recently presented new clinical data (http://dtn.fm/g8OQs) from its ongoing phase I dose-escalation study of NKTR-214 at the Society for Immunotherapy of Cancer (SITC) 2016 Annual Meeting. The candidate is an investigatory immunostimulatory therapy that expands specific cancer fighting T-cells and natural killer cell abundance in the tumor’s microenvironment.

According to Dr. Ivan Gergel, Senior Vice President, Drug Development & Chief Medical Officer of Nektar, “NKTR-214 resulted in robust activation of the immune system and encouraging anti-tumor activity, including a partial response observed in a patient who continues to be treated with NKTR-214”. There has been evidence that seven out of the 18 patients so far have had radiographic reductions in tumor size per RECIST 1.1 on NKTR-214.

With this in mind, Aegis Capital Corp. (http://dtn.fm/cxSm0) initiated coverage on Nektar Therapeutics, offering the company a ‘Buy’ rating with a target price of $21. Areas covered in the report include the sources of revenue, details of the partnerships put in place, and an oncology clinical collaboration with BMS for evaluating the combination of Opdivo and NKTR-214. The target price was based on an EV/Sales multiple of eight, which was applied to the expected sales of $378 million by 2020.

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

The U.S. cannabis market is expected to continue and even speed up its exponential growth as a result of last week’s vote to legalize recreational or medical marijuana in eight more states. This is good news for an industry that is already growing at a fast pace, being set to exceed $7 billion this year, according to ArcView Research estimates. The trend is likely to continue, as experts predict the marijuana market to reach roughly $22 billion by 2020 and $50 billion by 2026. But even if the market is growing so quickly, legal businesses operating in the sector still do not benefit from the same support, tools and solutions that most other businesses receive, due largely to the fact that marijuana is still classified as an illegal drug by the Federal Government’s Drug Enforcement Administration.

Banking and financial institutions in particular are cautious when it comes to providing service to cannabis industry players, as legislation bans them from opening accounts or enabling transactions involving marijuana business owners. In this climate, it is up to companies such as Singlepoint, Inc. (OTC: SING) subsidiary SingleSeed to help legitimize the industry by assisting medical or retail marijuana businesses to grow safely and securely. The company’s management hopes that the current situation will change following last week’s vote to legalize recreational marijuana use in California, Maine, Massachusetts and Nevada, and to allow medical marijuana in Arkansas, Florida, Montana, and North Dakota.

“The issue is now too big to ignore, and we expect that Washington will have to hammer out details to create a ‘bankable environment’ for institutions ready to take part in history,” Singlepoint CEO Greg Lambrecht said in a recent news release.

Until then, SingleSeed Payments, one of the first merchant service providers in the cannabis industry, is determined to help cannabis business owners thrive by providing them with state-of-the-art non-cash payment solutions and mobile marketing tools. The company awoke from a quiet period only recently, prompted by the unprecedented growth of the industry, and is now working to bring the latest technology and the most effective payment tools to the market. With a declared goal of educating and informing shopkeepers and customers about key issues on the retail and medical marijuana market, SingleSeed provides three main services: Pay by Text™, Cashless ATM and Text Message Marketing, each of them designed to help businesses be more effective.

The Pay by Text™ system is a payment solution that allows customers to pay anytime, anywhere, via text message. The message includes a direct link to the product the customers want to purchase and a checkout page. Cashless ATM is a ready-to-use out of the box system, requiring only a functional Internet connection. The system provides inventory tracking options and added safety and convenience for marijuana dispensaries that also offer delivery services. The Text Message Marketing service is designed to help marijuana business owners develop a closer relationship and improve communication with their customers, with the ultimate goal of increasing sales.

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

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This Thanksgiving, AAA, North America’s largest motoring and leisure travel organization, is expecting over one million more Americans to travel. According to the company’s 2016 Thanksgiving Holiday Travel Forecast, there will be more than 48.7 million travelers, marking the highest Thanksgiving holiday travel volume since 2007.

Travel has gone up 1.9% this year alone, leading to a 29% increase of travelers during Thanksgiving over the past eight years. According to the report and its attached infographic, 89.4% of people will be traveling by car, a 12.5% increase from the 2001 to 2015 average. In addition, air travel has risen 10% above the 2010 post-recession rebound year, and other modes of travel are also expected to increase by just under 1%.

But why are people suddenly choosing to splash their cash this Thanksgiving? The answer is simple: steady economic growth and low gas prices. According to the Albany Herald (http://dtn.fm/x5CX5), AAA officials estimate that low gas prices have saved drivers a huge $28 billion this calendar year alone. Forecasts also show an increase in consumer spending of 4.2%, with a rise in personal income of 3.4% and a 2.3% increase in disposable income. Not only this, real GDP is expected to increase by 1.6% over last year’s figure, and unemployment is expected to drop by just under 5%.

An article on the AAA Newsroom (http://dtn.fm/Z1kfO) predicts travelers top ten travel destinations to be Las Vegas, San Francisco, San Diego, Orlando, New York City, New Orleans, Anaheim, Fort Lauderdale, Philadelphia, and Seattle, many of which appear in the featured cities list of NextTrip, the flagship company of Monaker Group (OTCQB: MKGI).

Monaker Group, a technology-driven travel company, works through NextTrip, a real-time booking engine that offers consumers the chance to book every aspect of their trips, all in one place. The company offers a choice of alternative lodging in a number of locations around the world. MKGI works with a number of airlines, cruise lines, hotels, tour operators, car rentals, and concierge services, allowing holidaymakers to plan their entire trips from the comfort of the NextTrip travel planner.

This NextTrip booking system gives consumers the power of choice while allowing them to make informed decisions right from their homes. Thanks to key partnerships with well-established travel brands, Monaker aims to become the one-stop-shop for vacationers across the U.S and around the globe.

For more information, visit www.MonakerGroup.com

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Before the opening bell, GainClients, Inc. (OTC: GCLT) announced its continued partnership with Wardley Real Estate, the company’s largest real estate customer. Wardley originally implemented GainClients’ innovative GCard platform during its semi-annual technology rally in April 2015, when it introduced approximately 275 of its agents to the benefits of the GCard. Since that time, the number of Wardley agents leveraging the GCard to build industry relationships and enhance sales has grown to roughly 375 throughout the states of Utah, Colorado and Nevada.

“We are very pleased to continue our relationship with the Wardley Real Estate Company,” Ray Desmond, president and chief executive officer of GainClients, stated in this morning’s news release. “The extended partnership demonstrates the effectiveness of our technology and we look forward to providing service to Wardley’s team of agents for many years to come.”

The GainClients GCard begins as a virtual business card and supplies unique features designed to help those operating in the real estate industry establish and improve relationships. Available for both iPhone and Android devices, GCard includes various home search tools that can be branded for each individual real estate professional, such as Home Scoop™ real estate data, integrated and IDX home search databases, mortgage rate calculators and seamless connectivity with preferred real estate partners. Home Scoop™, in particular, provides a bevy of helpful data to aid in the home search, displaying everything from home value and comparable sales to school rankings and area demographics.

“The GCard is a great solution for our company,” Jeff Sommers, an owner and broker of Wardley, added in this morning’s news release. “It’s one platform that allows us to manage new and existing client data, market to clients and track their home search activity. Our agents particularly like and use the GCard’s text/sign rider feature, which allows consumers to simply text to receive information about any given home and be connected to that agent via the GCard.”

In an update issued earlier this month, GainClients offered shareholders some additional insight into its near-term plans. Notably, the company intends to focus its efforts on uplisting to a higher, audited reporting tier of the OTC Markets that’s compliant with all SEC reporting standards. As part of these efforts, GainClients will look to release its third quarter financial results in the coming days, with plans to disclose fully audited statements by the second quarter of 2017. Additionally, GainClients aims to focus on the development and commercialization of a new proprietary software product stemming from its recent partnership with CLOVIS, LLC. The company’s management team expects this partnership to result in the formation of “a world-class, big-data company by combining GCLT’s technology and CLOVIS’ client base backed with years of programmatic ad-tech experience.”

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

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As part of its constant efforts to offer one of the most comprehensive suites of electronic health records, practice management and revenue cycle solutions on the market, Medical Transcription Billing, Corp. (NASDAQ: MTBC; MTBCP) provides its customers with a comprehensive suite of mobile health applications designed to significantly improve patient engagement and give practices secure and consistent access to real-time information. The native mobile applications offered under the mHealth umbrella are designed for a wide variety of tablet devices and smartphones and are fully integrated with the company’s core suite of services and products.

One of the most inclusive apps is MTBC’s Personal Health Record (PHR) for Android and iOS devices. This app affords any medical practice’s patients direct access to their medical history and detailed health info, including lab reports, bills or claims. The PHR is safe and easy to use and also allows patients to schedule appointments and view their appointment history wherever they are and whenever they want to. Key features of the app include: flexibility in making appointments; easy access to a patient’s medical history, medications and immunization info; ability to process payments and track payment history; secure messaging between patients and their doctors; and the ability of having patients directly edit their personal details such as address or phone number.

Another app that gives practices access to clinical information anywhere and anytime is the MTBC iEHR – Electronic Health Records app for iOS, Android and Amazon devices. The app has a highly intuitive interface providing superior flexibility and functionality so as to access critical information at any time and subsequently improve safety and quality of patient care. With the iEHR, practices and patients can view upcoming and past appointments, review complete patient medical history including medication and hospitalization records, create and sign patient charts at the point of care, send prescriptions straight to pharmacy and create and submit bills.

Electronic prescribing of medication can actually improve patient safety and reduce deaths caused by possible prescription errors, as various studies have shown. With this in mind, MTBC developed the iRx app. Compatible with both Android and iOS devices, this app allows doctors to prescribe medications quickly using their smartphones or any other smart device. The app enables medical professionals to review any drug contraindications including interactions with other drugs, or whether they are right for a specific patient based on factors such as medical history, allergies, immunizations, and others. iRx also offers access to chart summaries and the possibility of viewing and replying to patient or office messages.

Practices struggling with rising administrative costs might be interested in the iCheckIn application for iPad – an app designed to automate and greatly simplify the patient check-in process. Offering more self-service options to patients, this application also allows for safe verification of insurance information and secure credit card payments. It enables patients to update their own information and review their payment history and balance, thus helping a practice achieve higher operational efficiency while saving time and money.

For more information, visit www.mtbc.com, and see the company’s fact sheet at http://ir.mtbc.com/events.cfm.

Recently there has been a lot of talk about Generation Z from real estate sources such as The National Association of Realtors (NAR), DS News, and 8Z Real Estate, effectively stating that “Nearly All of Generation Z Sees Homeownership in Their Future.” Although the focus has often been on millennials when it comes to home ownership, DS News (http://dtn.fm/9gGFs) asked its readers some key questions: “What about the generation that follows behind Millennials? What are those from Generation-Z, or those born after 1996, planning when it comes to becoming future homeowners?”

An NAR article entitled ‘Nearly All of Generation Z See Homeownership in Their Future’ (http://dtn.fm/iZ1dG) highlights findings from a session titled ‘The Gen Z Consumer’ at the 2016 REALTORS® Conference & Expo, during which a panel of Gen Z people discussed in some detail what their social media and shopping preferences are, including their future plans to become property owners. At the conference session, Sherry Chris, president and CEO of Better Homes and Gardens Real Estate, pointed out that it was time to learn more about the future of the real estate industry and the next generation that is going to lead it.

Every panelist at the session said that they would like to own their own home and that homeownership will be part of their future. Although results varied between rural and suburban areas, everyone expressed a desire for large square footage. In addition, according to Better Homes and Gardens Real Estate, 97% of Gen Z believes they will own their own home and 82% said owning a home is one of the most important factors in achieving the American dream. In addition to the above, many polled Gen Z-ers said they will most likely work with a real estate agency, and that although they would search online they believe it is important to have professional guidance during the process. 8Z Real Estate (http://dtn.fm/1UEk0) put it perfectly: “There are 55 million of them, about 17% of the US population. Gen Zers are digital natives who don’t make much of a distinction between the physical and digital worlds.”

This is where eXp World Holdings, Inc. (OTCQB: EXPI), the holding company for eXp Realty LLC, comes in. Since its beginnings, the company has moved to better equip its agents with a technologically sophisticated Cloud Office Environment, allowing them to work, attend classes, collaborate, and innovate to best serve their customers.

EXPI has combined advancements in technology with the simple fact that real estate consumers still see value in working with professionals. The systems and tools put in place by the company allow consumers to be more informed, with masses of information and imagery, all while being equipped with professional help that lends a comparative perspective on properties, and negotiates and advocates on their behalf.

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

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From somewhat humble beginnings back in 2005 as a parent structure for investment in and franchising of the extremely successful Hooters brand that has given rise to a bevy of successful imitators over the years, Chanticleer Holdings (NASDAQ: HOTR) has emerged over the last three years as a serious contender in fast casual via brilliant execution of a regional brand strategy. The core “better burger” focus of HOTR’s approach to what is argued by many to be the world’s fastest growing foodservice segment (http://dtn.fm/8Cc03), as fast casual grew 10.4 percent last year to around $3.4 billion, has continually delivered empirical results over the last few years confirming the wisdom of management’s strategy.

Q3 2016 (ended September 30) was another solid quarter for Chanticleer too, with 18.3 percent revenue growth (http://dtn.fm/2zlWf) on strength of the fast casual better burger segment, even as the company managed to shave 2.5 percent off of its operating costs, and 5.5 percent off of G&A expenses. Nine-month revenues were even hotter, at 30.3 percent growth to $31.8 million, clearly illustrating a bullish revenue growth trend mapped out in the company’s November 2016 investor presentation (http://dtn.fm/9WIvV). A replay of the November 9 conference call discussing the company’s revenue growth, overall improved revenue mix, and the success of ongoing efficiency initiatives is available until December 9 by calling (877) 481-4010, or (919) 882-2331 for international callers, using conference ID 10138.

At the center of a growing envelope of brands for Chanticleer are American Burger Company, BGR the Burger Joint, and Little Big Burger, all of which maintain a key emphasis on experience elements such as the freshness of high quality ingredients. Premium beef, unique and energetic environments, cooked-to-order meals, and gourmet burgers – these are the kinds of fast food-killer features which have sparked a broader revolution in the way people eat out. Little Big Burger (LBB) in particular made a strong showing, further underscoring the ingeniousness of Chanticleer’s uniquely crafted regional brand strategy, as LBB contributed significantly to 19 percent sequential quarterly growth in Adjusted EBITDA from continuing operations.

Capitalizing on this revolution by perfecting the better burger concept is a nice approach for an outfit that cut its teeth franchising the oft-imitated but never duplicated Hooters brand. An American icon that obviously paved the way for such entities as last year’s fastest-growing chain in the U.S., Twin Peaks (http://dtn.fm/rd2Wy) ($165 million in sales last year). Chanticleer currently operates nine Hooters locations under franchise, with two in the U.S., one in the EU, and six in South Africa – in addition to owning a minority stake in the Georgia-based wing of Hooters, Inc., Hooters of America. Rounding out the brand mix for HOTR is Just Fresh (http://dtn.fm/rkV6S) (eight locations), a North Carolina market, health-focused brand which features a menu of wholesome and nutritionally balanced foods, including wraps and grilled dishes, baked items, sandwiches and smoothies, as well as a variety of salads, soups, and breakfast items.

American Burger Company (http://dtn.fm/7ROy9) proudly features a “Made in America” menu that ranges well beyond premium burgers into the realm of sandwiches, salads and delicious shakes. With nine locations in the Carolinas currently under the Chanticleer flag, the ABC brand is growing fast, and features such memorable attractions as a Wall of Fame challenge burger (http://dtn.fm/dD12J), the Roadstar®, which is four cheeseburgers in one. Little Big Burger (http://dtn.fm/mOA0h) (eight locations) is the fastest gun in the company’s lineup. Serving high quality cooked-to-order burgers in Portland and the Pacific Northwest region that are made with 1/4 lb. of cascade natural beef, served on brioche buns, using local cheeses, fresh veggies, and featuring the distinctive taste of a veritable Portland institution, Camden’s Blue Label Catsup (http://dtn.fm/YmE9o). Fine touches like this show how dialed-in the regional brand presence model is here, and they speak volumes about HOTR’s past and potential future performance that you just can’t find pouring over SEC filings.

BGR the Burger Joint (http://dtn.fm/V3eb6) is doing really nice turnover for the company as well, with open-flame gourmet fast casual at 22 locations across the U.S. adding mightily to HOTR’s bottom line, even as the brand brings in organic marketing due to underlying product excellence. Recently voted the best burger in D.C. for 2016 (http://dtn.fm/j4fLI) by Washington City Paper’s reader poll, the BGR brand concept, which got its start with a small shop off Woodmont Avenue in Bethesda back in 2008, has performed exceptionally as a regional brand, and has since expanded more toward being a nationwide brand. Named among America’s Top 10 Chain Burgers in 2014 by an MSN report from The Daily Meal (http://dtn.fm/FK2oy), the restaurant chain earned its fame on the back of founder Mark Bucher’s famous burger, which is based on the burgers he had as a kid growing up on the outskirts of Philadelphia, back when the neighborhood beef butcher would draw lines around the block every Sunday, grilling up the best prime beef Philly had to offer. This kind of media coverage for the authentic-tasting menu has been more than great publicity for the brand, it shows how BGR is able to deliver robust value through what is now considered boutique quality, and at nominal, fast casual prices. This is a winning model.

The company has built up an impressive foundation of stores in the last few years as well, with the brand basket ending up pretty well mixed at around eight or nine locations each, and the notable exception of course being gourmet burger restaurant, BGR, with its 22 locations. Chanticleer opened its seventh American Burger Co. in September (http://dtn.fm/mYgo9), as well as its first Little Big Burger in Seattle (http://dtn.fm/7Y0yw), shortly before opening a new BGR location in the Sultanate of Oman (http://dtn.fm/9DdLD) in early October.

While competitors in the market such as juggernaut Chipotle Mexican Grill (NYSE: CMG) have seen share prices decline on saturation and other issues since late 2014, as old money outfits like McDonald’s (NYSE: MCD) execute decisive moves to recapture core audiences – a spry little player like Chanticleer, with its better burger focus and winning regional brand strategy, has managed to cut off sizeable chunks at the margins. Better positioned to capture increasingly discerning, regionalized consumer dollars with higher concept, higher quality offerings, Chanticleer represents a powerful way for investors to play this growth sector. Yum Brands (NYSE: YUM) and other behemoths in the industry have had difficulty recapturing market share from upstarts like Chipotle, and now with companies like Panera Bread (NASDAQ: PNRA) and Shake Shack (NYSE: SHAK) nipping at the heels of CMG, the game is set for desaturation by disruptors like Chanticleer, with its strong handful of better burger brands.

The company is as passionate about its food as it is about offering guests a memorable experience, and that really shines through when it comes to organic buzz, a clear result of the company’s commitment to staffing quality. Staffing has always been a central theme for the company, and Michael D. Pruitt, Chanticleer Holdings Chairman, President and CEO, understands that success in this industry is as much about the wait staff as it is about the Board of Directors. That’s why Chanticleer tapped some serious business operations, real estate and finance muscle earlier this year, with the Board appointments of Gregory E. Kraut and Paul G. Porter. Kraut, a Principal of commercial real estate services firm Avison Young, has nearly two decades of tenant and landlord leasing and sales representation under his belt. Whilst Porter is Managing Director over at Siskey Capital, where he handles oversight, structuring and management for the firm’s private equity.

Pruitt made it clear in the Q3 financials release how the company intends to springboard off its current momentum, leveraging the recent convertible preferred stock rights offering (designed to retire debt and provide growth capital) to capture more of a market that continues to prove quite eager for better burgers, and a better fast casual dining experience.

For more information, visit www.chanticleerholdings.com

Before the opening bell, Medical Transcription Billing, Corp. (NASDAQ: MTBC) (NASDAQ: MTBCP) announced that it has been named among Deloitte’s Technology Fast 500™ based on its 130 percent revenue growth from 2012 to 2015. The Deloitte rankings list the fastest growing technology, media, telecommunications, life sciences and energy technology companies in North America across both the public and private sectors. Eligibility requirements for inclusion on the list include an operating history of at least four years, current-year operating revenues of at least $5 million and ownership of proprietary intellectual property or technology that’s sale or licensing accounts for a majority of the company’s operating revenues.

“As we celebrate our fifteenth year of business, we thank our customers and employees for enabling us to continue growing at a rate that even outpaces most early stage private and public companies,” Stephen Snyder, president of MTBC, stated in this morning’s news release. “Of the 500 companies ranked on Deloitte’s prestigious list in 2016, MTBC was among a smaller subset of the named companies that is publicly traded on NASDAQ and we are honored to be included among this group of market leaders.”

According to the company’s management team, MTBC’s sustained revenue growth is attributable to a combination of an industry-leading technology platform and a high quality, cost-efficient operations team that currently spans five countries and includes roughly 250 information technology and R&D professionals. The effectiveness of the company’s operations team is particularly noteworthy following MTBC’s recent acquisition of MediGain, LLC and affiliate Millennium Practice Management, LLC. In addition to purchasing accounts in good standing with annual revenues of more than $10 million as part of the strategic acquisition, the MediGain transaction added seasoned team members in North America and talented, cost-effective workforces in Asia to MTBC’s existing operations. Combined, these factors are expected to make this acquisition accretive to MTBC shareholders in 2017.

“We are greatly encouraged by the growth opportunities provided by our recent acquisition of MediGain,” Mahmud Haq, chairman and chief executive officer of MTBC, stated in a news release. “The successful closing of this transaction has positioned MTBC to experience exponential growth through access to new, untapped markets.”

Last week, MTBC offered shareholders an update on its recent performance through the release of its financial and operational results for the third quarter of 2016. The company’s revenues for the three-month period were $5.3 million, up from $5.2 million in the second quarter of this year. This result built on a trend of quarter-over-quarter revenue growth that has persisted throughout 2016. On a year-over-year basis, MTBC’s revenues were down slightly, which management attributed to a loss of clients from the businesses it acquired during the third quarter of 2014. The team discussed this trend in more detail as part of a conference call held last week. An audio webcast of the call is currently available for review on MTBC’s investor relations website.

For more information, visit www.mtbc.com, and see the company’s fact sheet at http://ir.mtbc.com/events.cfm.

A report from the influential Pew Research Center on Social Media Usage: 2005 – 2015 (http://dtn.fm/CMs6K) has discovered that ‘65% of adults now use social networking sites – a nearly tenfold jump in the past decade’. The Pew Research Center is a nonpartisan fact tank that informs the public about the issues, attitudes and trends shaping America and the world. Social networking sites have created a parallel world that is beginning to rival the physical one, a trend that is only likely to grow. These changing dynamics are opening up novel approaches that marketers and promoters might take. And to help them do so effectively, Agora Holdings (OTC: AGHI), parent company of Geegle Media, has introduced a social media management tool called FRAME.

The Social Media Marketing Industry Report 2015 (http://dtn.fm/r75VU) published by the Social Media Examiner recently surveyed over 3,700 marketing professionals. The findings are revealing. Ninety percent (90%) of respondents felt that ‘their social media efforts have generated more exposure for their businesses.’ Seventy-seven percent (77%) saw their ‘traffic’ increase. Presumably, traffic here refers to online visitors. About equal numbers of the marketers surveyed reported that they used social media to nurture fans and followers (69%) and to gain marketplace intelligence (68%).

The results from social media marketing appear to be substantial. Some sixty-five percent (65%) said they were able to generate leads from those who responded to their social media efforts. In addition, fifty-one percent (51%) reported improved sales. Fifty-eight percent (58%) saw their search rankings improve, while fifty-five percent (55%) were able to develop business partnerships because of their social media outreach. The effects of social media marketing also had a more direct impact on the bottom line. Half of those surveyed claimed marketing costs fell because of their foray into social media.

Many marketers (66%) believe Twitter (NYSE: TWTR), LinkedIn (NYSE: LNKD) and YouTube are the best channels for their social outreach efforts. Ninety-three percent (93%) use Facebook (NASDAQ: FB) at present, and sixty-two percent (62%) plan to increase their activities on that platform. Facebook and LinkedIn are the two most important social networks for marketers. When allowed to only select one platform, 52% of marketers selected Facebook, followed by LinkedIn at 21%.

This data unveils a brave new world not unlike the one in The Tempest. Like Miranda in the Shakespearean classic, we may be unaware of the dark side. Nevertheless, there is no turning back now. We have crossed the Rubicon.

FRAME is a social media management platform that is particularly ideal for investor relations and public relations firms. From a single dashboard, a promoter can publish brand-relevant messages to all of an organization’s corporate social media accounts and so enable the company to build campaigns in a faster, more efficient and easier way. FRAME also offers a number of advanced functions. With it, social media return on investment (ROI) can be measured, for example. At present, FRAME is integrated with a number of leading social networks, including Twitter, Facebook, and Instagram. Work is underway to integrate the platform, which is available on Android, iOS and desktop, with LinkedIn, Google+, YouTube and Tumblr.

For more information, visit www.agoraholdingsinc.com

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