Stocks with Key Influences on the Horizon and New Coverage in the Mobile Tech Space
April 20 2017 - 8:00AM
InvestorsHub NewsWire
On January 24, Liquidmetal Technologies Inc. (OTCBB:
LQMT) announced that it has purchased a new
manufacturing facility in Lake Forest in California. The facility
has 41,000 sq. ft. and was acquired at a cost of around $ 7.8
million. Financial results for FY 2016, showed $ 480,000 in revenue
and restricted cash grew to $ 58.9 million. Fannie Mae
(OTCQB:
FNMA) shares rose in late 2016, after Treasury
Secretary Steven Mnuchin announced that the new administration
plans to remove FNMA from government control, but the Senate
Banking Committee does not have this as a priority. After the
decision on February 21, 2017 In the DC Circuit Court of Appeals in
Perry, the common stock and the S series of preferred stock fell by
37% and 34% in value. OWC Pharmaceutical Research Corp
(OTCBB:
OWCP) has received expressions of interest from the
scientific and medical communities throughout the world because of
its recently announced positive preliminary clinical efficacy test
results of its topical cream to treat Psoriasis. Product rating is
for the topical cream is expected in the early Q3 of 2017.
Cannabis Science Inc. (OTCBB:
CBIS) has recorded a substantial increase in activity
from its collaboration research the with Dana-Farber the study
cancer therapy based on cannabis. The company’s projected new
funding initiative will enable the company to kickstart start
development plans encompassing an extensive CBD formulations
base.
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