Fernhill Corp (OTCMKTS:FERN) Exploring New Opportunities

Fernhill Corp (OTCMKTS:FERN)

Fernhill Corp (OTCMKTS:FERN) has embarked on a restructuring drive following the expiration of the Golden Mountain property claims in the Montauban region of Quebec. The proposed restructuring will explore prospective targets and opportunities that have the potential to drive long-term growth.

Fernhill Restructuring Plan

Spearheading the restructuring push is the company’s new management team. The team has already shortlisted a number of opportunities in the energy and technology spaces that it plans to scrutinize.

“The reorganization of the company operations will help focus on activities that will drive long-term growth and help maximize shareholder value. To better achieve this goal, the company plans to position itself accordingly and will work to reduce shareholder risk by having multiple asset and or technologies. Management plans to create new wholly owned subsidiaries under a Fernhill corporate umbrella in order to facilitate a bidirectional multi-asset plan moving forward,” Fernhill Corp (OTCMKTS:FERN) in a Press Release.

Fernhill Corp (OTCMKTS:FERN) plans to use the reorganization to create a more flexible global platform that can generate long-term shareholder value. Investors should see acquisitions and partnerships come into play as part of the reorganization.

Omnivance Advisors Selection

Fernhill Corp (OTCMKTS:FERN) has reiterated a commitment to shareholder transparency as it undergoes restructuring. Omnivance Advisors was selected to ensure transparency, credibility, and awareness with the investment community that will help maximize the company’s image as well as shareholder value. Omnivance is to be compensated through cash and stock payments.

“In the upcoming weeks, there will be many corporate changes taking place. As part of our strategy, we believe that Omnivance Advisors can help increase the public awareness and maximize shareholder value. Fernhill looks forward to working closely with Mr. Wong and his team,” said CEO, Adam Kovacevic.

Conference Call

Separately, Fernhill Corp (OTCMKTS:FERN) will hold its first conference call for shareholders and the financial community on August 24, 2017. During the call, the company plans to address major questions regarding business development as well as financial guidance for the current quarter and full year.

Fernhill Corp (OTCMKTS:FERN) stock was unchanged in Friday’s trading session, ending the week at $0.0074 a share

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

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About the author: James Marion is a University of Houston student studying Business with a concentration in Finance. James has interned with several investment professionals and hopes to pursue a career as a professional stock analyst after graduation.

Positive ARI Network Services, Inc. (NASDAQ:ARIS) Preliminary Q3 2017 Results

Positive ARI Network Services, Inc. (NASDAQ:ARIS)

ARI Network Services, Inc. (NASDAQ:ARIS) has announced certain unaudited preliminary financial results for the third quarter ended April 30, 2017. ARI Network Services is a provider of software tools, SaaS, and marketing services used by distributors, dealers, and manufacturers of Sell More Stuff!™.

While commenting on the results, ARI Network Services, Inc. (NASDAQ:ARIS) President and CEO Roy W. Olivier said the company delivered strong results in the third quarter. He noted that the company’s revenue increasing by 12%. The company has reported double digit EPS compared to last year. The company’s revenue is expected to range between $13.4 million and $13.5 million.

In addition, ARI Network Services, Inc. (NASDAQ:ARIS) expects to record fully diluted GAAP earnings per share between $0.06 and $0.08 compared to the $0.03 that was reported in the third quarter of last year. The company concluded its tax study for the quarter and I projecting development and tax research credits amounting to between $450,000 and $650,000 or $0.02 and $0.04 on every share. The company is projecting cash from its operations to increase between 20%-23% and fall between $3.1 million to $3.2 million.

These results are provisional and subject to completion of the company’s quarterly closing and review procedures. In other news, ARI Network Services, Inc. (NASDAQ:ARIS) announced entering into a definitive agreement that will see the company acquired by True Wind Capital Management, LLC’s affiliate. True Wind Capital Management is an equity firm based in San Francisco that specializes in investing in major technology companies.

Under the agreement, shareholders of ARI Network Services, Inc. (NASDAQ:ARIS) will be entitled to $7.10 in cash for every share of ARI common stock they own. The price represents a premium of around 33% of the company’s average closing prices of 60 trading days up to June 20, 2017. The whole transaction will be settled in cash and will represent an enterprise value of around $140 million. The transaction has been unanimously approved by the Board of Directors of ARI.

While commenting on the transaction Olivier said they are pleased with the True Wind partnership. He added that the transaction is an outcome of a long process and they are optimistic that it will be valuable and beneficial to the shareholders. Olivier said the

investment made by ARI Network Services, Inc. (NASDAQ:ARIS) will go toward accelerating the company’s speed of innovation as well as put it in a better position to capitalize on future growth.

ARI Network Services, Inc. (NASDAQ:ARIS) shares recorded a 0.43% or $0.03 gain to close the Tuesday session at $6.99

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $ARIS and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: James Marion is a University of Houston student studying Business with a concentration in Finance. James has interned with several investment professionals and hopes to pursue a career as a professional stock analyst after graduation.

Rewalk Robotics Ltd (NASDAQ:RWLK) Shares Jump

Rewalk Robotics Ltd (NASDAQ:RWLK)

Rewalk Robotics Ltd (NASDAQ:RWLK) shares jumped 44% and RWLK ended the day at $1.80 after closing yesterday at $1.25. Volumes were heavy. RWLK have a listed 30-day, daily average trading volume of just over 150,000 but today more than 4.8 million shares traded hands.

Today Larry Jasinski, CEO of Rewalk Robotics Ltd (NASDAQ:RWLK), and collaborators form Harvard’s Wyss Institute for Biologically Inspired Engineering, premiered a prototype for a soft suit exoskeleton intended to assist stroke survivors.

Rewalk Robotics Ltd (NASDAQ:RWLK) is working with the Wyss Institute on the development of lightweight designs to complete clinical studies, pursue regulatory approvals and commercialize the systems on a global scale. The first commercial application will be for stroke survivors, followed by Multiple Sclerosis patients and then additional applications. There are an estimated 3 million stroke survivors with a lower limb disability in the U.S.

The exoskeleton transmits power to key joints of the legs with cable technologies. The functionality is powered by software and mechanics that are similar to the technologies used in the ReWalk exoskeleton system for individuals with spinal cord injury. The cables are connected to fabric-based designs that attach to the legs and foot, thus lending the name “soft suit.”

Shares of Rewalk Robotics Ltd (NASDAQ:RWLK) have performed well in the short term. RWLK shares have gained 44% over the past month and over 56% over the past week. However RWLK shares are down over 35% YTD and down over 73% for the year. EPS losses have been trending in the wrong direction as well. In 2012 shareholders of Rewalk Robotics Ltd (NASDAQ:RWLK) lost $0.67 per share and that loss expanded to -$2.47 in 2016. However sales have trended positively. In 2012 sales were reported at $1 million and in 2016 that number was $5.9 million. The consensus target price for RWLK shares is $4.90.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

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About the author: Steve Clark is a 23-year Wall St professional with stints in M&A, risk management, and algorithm trading. Steve keeps his head in the game by looking for, and writing about, small companies that often get overlooked by the big investment firms.

A Drop in Pandora Media Inc (NYSE:P) after SiriusXM (SIRI) Deal

Pandora Media Inc (NYSE:P)

Today Pandora Media Inc (NYSE:P) hit a new 52-week low of $7.81 in inter-day trading. This new low is consistent with Pandora’s price action. Since the beginning of 2017, Pandora shares have closed each month at a lower price than it began the month with. What also serves as confirmation of lower lows are the volumes. Today’s volumes are over three times the 30-day, daily volume average of 10 million shares traded per day. Of note is the stock’s noticeable daily volume uptick after its price dropped below $10 in mid-May.

Cash for Convertible Preferred Shares

Interestingly, Pandora Media Inc (NYSE:P) last week announced last week an investment in the firm by SiriusXM (SIRI) radio in the form of convertible preferred stock. Terms of the agreement call for a total investment of $480 million in Pandora. Upon execution of the agreement, SiriusXM purchased $172.5 million of the convertible preferred shares with the balance to be invested in the future. The conversion price of the preferred stock is $10.50. That places the conversion price at a 14.2% premium to Pandora’s volume-weighted average price of the common shares for the 20 days preceding June 9, 2017.

Pandora is required to redeem the Series A preferred stock on the closing’s fifth anniversary for an amount equal to its liquidation preference plus all accrued and unpaid dividends. Pandora can also redeem the Series A preferred stock at any time after the third anniversary of the closing if the daily volume weighted average price of Pandora’s common stock is greater than, or equal to, 175% of the then-applicable conversion price for a period of at least 20 days during a 30-day trading window prior to the notice of redemption.

Deal Off with KKR

SiriusXM has agreed to terms that denies them acquiring more than 31.5% of Pandora’s equity securities without the approval of Pandora’s Board of Directors. Pandora struck a deal with a private equity group, Kohlberg Kravis & Roberts (KKR), for $150 million in May of 2017. After the SiriusXM investment, Pandora will terminate their investment agreement with KKR and will pay a termination fee of $22.5 million.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. All information, or data, is provided with no guarantees of accuracy.

Don’t miss out! Stay informed on $P and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: Marc has a degree in economics and a MSc. in Finance. Over his 20-year career, Marc has worked for global investment firms in Europe and the United States as an analyst, fund manager, and consultant.

Players Network (OTCMKTS:PNTV) Soon Producing Revenues as Facilities Built

Players Network (OTCMKTS:PNTV)

Players Network (OTCMKTS:PNTV) shares traded at almost double their 30-day, daily average volume on Friday as PNTC shares registered an almost 15% gain. The gain resulted in a closing price of $0.1276/share which marks a new two-year high. For the month of June, shares of Players Network (OTCMKTS:PNTV) have closed above, or at, their previous day’s close every single day.

The Las Vegas, NV company had announced earlier this month that it had completed a grow facility in conjunction with its Phase 1 plans. Green Leaf Farms Holdings, LLC (Green Leaf), a subsidiary of Players Network (OTCMKTS:PNTV), contracted mCig Inc (OTCMKTS:MCIG) to develop and buildout their 27,000 sq. ft. facility in North Las Vegas. mCig completed the first Phase of development which included two vegetation and flower rooms, an extraction lab and all the needed infrastructure to support the facility. mCig is reporting that it is close to completing the Phase 2 part of the plan in six weeks as it finishes another grow facility of approximately 7,000 sq. ft.

Chief Executive Officer of Players Network (OTCMKTS:PNTV), Mark Bradley, referenced the complexity of the governmental compliance issues with which the firm had to contend with over the course of development. Bradley specifically credited mCig management expertise with the successful completion of the facilities.

Players Network (OTCMKTS:PNTV) is a diversified Nevada company with operations in the media and cannabis markets. Players Network owns approximately 85% of Green Leaf Farms Holdings, LLC (Green Leaf Farms), which holds cultivation and production license(s) which were applied for and granted by the state of Nevada. The cultivation license permits Green Leaf Farms to legally grow marijuana. The production license enables Players Network to legally create cannabinoid extracts that can be used for cannabis-based cartridges, oils, and edibles. Players Network (OTCMKTS:PNTV) also operates WeedTV.com. This digital media platform is being developed as a part of their media operations. The website is dedicated to the marijuana lifestyle.

Although Players Network (OTCMKTS:PNTV) has no reported revenues, the recent events concerning the development of grow facilities make the lack of revenues something that is soon to be a part of their past. This is surely a stock that you should be keeping track of if the legal cannabis sector interests you.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. All information, or data, is provided with no guarantees of accuracy.

Don’t miss out! Stay informed on $PNTV and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: Steve Clark is a 23-year Wall St professional with stints in M&A, risk management, and algorithm trading.

Global Quest Ltd (OTCMKTS:GLBB) Soars On New Distribution Agreement

Global Quest Ltd (OTCMKTS:GLBB)

The momentum around Global Quest Ltd (OTCMKTS:GLBB) shows no sign of slowing down weeks after the company announced the formation of a subsidiary dedicated to the distribution of nutrient supplements. Renewed investor sentiments on the stock in the recent past seem to have been fueled by a recent distribution agreement that the company signed with Camino Products LLC.

Distribution Agreement

The exclusive distribution agreement is for the distribution of the company’s AminoD Sleep and AminoD Relief natural remedies throughout the U.S. The first batch of shipments are set to arrive in outlets over the next 8 weeks.

In a bid to increase sales, Global Quest Ltd (OTCMKTS:GLBB) says it plans to broaden its product line(s) as it attempts to leverage the Camino distribution channels. The company is also marketing its products for their medicinal capabilities reiterating that they are designed to help provide relief from inflammation as well as sleeping disorders.

“These nutrient supplements are distributed under the Global Quest brand name and patients may purchase them directly from doctors, dispensaries or via Global Quest’s website. Patients can also choose to sign a subscription agreement for convenient monthly deliveries direct to their homes,” Global Quest in a statement.

The Global Quest Ltd (OTCMKTS:GLBB) bid to target dispensaries, in additional to retail consumers, with its line of supplements is part of an effort that seeks to diversify its revenue stream. The company is also selling products directly from its site and has a subscription program in place.

Stock Sale

Separately, regulatory filings show that Teller, a Colorado limited liability company, and Richard C Wiener signed a purchase agreement for the purchase of Global Quest Ltd (OTCMKTS:GLBB) stock. According to the agreement, Mr. Weiner purchased 7 million shares held by Teller for $0.001 a share representing 69.65% of the outstanding shares.

Global Quest Ltd (OTCMKTS:GLBB) stock rallied by 4% in Wednesday trading session and ended the day at $0.26 a share.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $GLBB and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: Steve Clark is a 23-year Wall St professional with stints in M&A, risk management, and algorithm trading.

Global Arena Holding Inc. (OTCMKTS:GAHC) In Focus As Bitcoin Continues To Rise

Global Arena Holding Inc. (OTCMKTS:GAHC)

Global Arena Holding Inc. (OTCMKTS:GAHC) investments in blockchain technology and startups appear to be paying off if its performance in the market in recent weeks is anything to go by. The stock has come to light in the recent past and is currently trading at its 52-week high.

Bitcoin Factor

The stock’s bullish tone does not come as a surprise given that the company is among the few companies offering exposure to Bitcoin. The bitcoin space remains the talk of the Street, the digital currency having been on an impressive run to current highs of $2,834. Talk of Bitcoin replacing traditional reserve currencies explains why investors are starting to look at companies that have a bitcoin-centric business model.

Global Arena Holding Inc. (OTCMKTS:GAHC) operates a subsidiary by the name GAHI Acquisition Corp that offers crypto-type services through the application of the blockchain technology which underpins Bitcoin. The fact that blockchain can be used on various areas of tech and finance means the company remains exposed to unique opportunities for growth.

Global Arena Big Plan

In a bid to take advantage of the growth in demand for blockchain technology and Bitcoin, Global Arena has already started to work on its own type of applications that leverage the two. Such applications involve applying blockchain in ATM machines, smart contracts, wills, and even voting machines.

Getting a head start on this application is key if a technology company is to stand a chance in competing against other companies with huge financial muscles. As bitcoin and blockchain become more mainstream Global Arena Holding Inc. (OTCMKTS:GAHC) could be able to generate a substantial amount of revenues.

Global Arena Holding Inc. (OTCMKTS:GAHC) stock exploded in Monday’s trading session. The stock was up by 107.69% and ended the day at $0.0540 a share. The big question now is whether the stock has what it takes to sustain the rally having registered a new 52-week high and trading at the high end of its tight trading range of $0.03 – $0.05 a share.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $GAHC and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: Steve Clark is a 23-year Wall St professional with stints in M&A, risk management, and algorithm trading.

Inventergy Global Inc (NASDAQ:INVT) Spins Off 740 Telecommunication Patents In Bid To Trim Debt

Inventergy Global Inc (NASDAQ:INVT)

Inventergy Global Inc (NASDAQ:INVT) has completed the restructuring of its debt, marking yet another a milestone that CEO, Joe Beyers, says allows them to focus on new opportunities for growth. The signing of a restructuring agreement with a senior lender is part of an ongoing transformation that the company is using as it continues to explore ways of trimming losses from operations.

Debt Restructuring Milestone

The restructuring also allows the intellectual property company to reduce its operating expenses by $1.3 million. Inventergy Global Inc (NASDAQ:INVT) has since assigned 740 telecommunications patents to INVT SPE LLC as part of the debt restructuring agreement.

“We are excited by the prospect of sharing in future net monetization revenues from the patents held by INVT SPE LLC. This revenue share, our significantly reduced cash burn rate, and the opportunities for our Inventergy Innovations business will enable us to increase value for our stockholders,” said Mr. Beyers

Giving INVT SPE LLC rights to 740 patents, however, raises serious concerns about the long-term prospects for Inventergy Global. The fact that the lender has the sole discretion to make decisions on how the patent are used means the company won’t be in control of ensuring maximum value is generated from the patents. The company also won’t have a say on the lender’s choice of licensing or selling the patents.

Tanking Revenues Widening Net loss

Inventergy Global Inc (NASDAQ:INVT) is in dire need of new avenues of revenue having seen its 2016 full year revenues tank to $1.77 million from highs of $4.9 million in 2015. While collateralizing over 750 patents was inevitable if the company was to restructure its debt, this also renders it powerless in its bid to shore up the current revenue base even with a cash-sharing agreement.

Inventergy Global Inc (NASDAQ:INVT)’s operating expenses are still quite high at $7.99 million even after dropping by 22% last year from $10.2 million in 2015. It now awaits to be seen how the company plans to increase value to shareholders after the spinning off of 740 valuable telecommunications patents.

The Silicon Valley, CA-based intellectual property company has no option other than moving with speed to license its current patented technologies if it is to shore up earnings. Relying on INVT SPE LLC to generate shareholder value may not be enough given the current debt burden and net losses that run into millions of dollars.

Inventergy Global Inc (NASDAQ:INVT) stock came to life in Friday’s trading session, rallying by 38.30% to end the day at $0.260 a share. The stock is currently trading in a tight range between $0.19 and $0.28 a share with a 52-week high of $0.28 a share and a low of $0.19 a share.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $INVT and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: Monica Gray has an undergraduate degree in Accounting and an MBA – earned with Honors. She has six years of experience in the financial markets and has been a securities analyst for the past two years.

Vera Bradley, Inc. (NASDAQ:VRA) Earnings Expectations

Vera Bradley, Inc. (NASDAQ:VRA)

Vera Bradley, Inc. (NASDAQ:VRA) stock continues to trade higher on high volume, ahead of its earnings call for the quarter ended April 29, 2017. Analysts expect the company to post earnings of $0.06 a share compared to earnings of $0.13 a share posted for the same period last year. For the current year, analysts expect the company to post full-year earnings of $0.43 a share.

CID Resources Licensing Agreement

The designer of women’s handbags, accessories, and luggage and travel items goes into earnings call fresh from signing a licensing agreement with CID resources. The agreement is for apparel and coordinating accessories for female healthcare professionals.

Under the terms of the deal, all licensed products are to be sold in appropriate distribution channels that include Vera Bradley, Inc. (NASDAQ:VRA) stores as well as other specialty and chain stores across the country. The company is currently working with a number of licensing partners as it continues to work on the final product designs.

Chief Executive Officer, Rob Wallstrom, remains confident of the company generating substantial value from the deal given that they are entering a U.S. market that is estimated to be worth $1.8 billion.

“We are delighted that we will be able to offer beautiful apparel and accessories solutions not only to these existing customers but to introduce Vera Bradley to thousands of other medical professionals as well. We are thrilled to inject our version of functionality, color, and especially fun into this important product category,” said Mr. Wallstrom.

However, the licensing agreement will not have any material impact on Vera Bradley, Inc. (NASDAQ:VRA)’s financial performance for FY 2017.

Healthcare Sector Opportunities

According to the executive, the signing of the agreement is part of a plan that seeks to provide women with a variety of apparel solutions. Launched in 2018, the healthcare professional collection has experienced huge success thanks to a number of licensing agreements that Vera Bradley, Inc. (NASDAQ:VRA) has signed. Some of the company’s licensing partners include McGee Group for readers and sunglasses, Fox Chapel Publishing, Incipio and Mainstream Swimsuits, Inc. for swimwear and cover-ups.

Vera Bradley, Inc. (NASDAQ:VRA) fine run in the market continued in Tuesday trading session. The stock added 3.03% in market value to end the day at $8.50 a share. It now awaits to be seen if the company will post stellar quarterly earnings to push the stock above the current trading range of between $8.23 and $8.52 a share.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

About the author: Monica Gray has an undergraduate degree in Accounting and an MBA – earned with Honors. She has six years of experience in the financial markets and has been a securities analyst for the past two years.

Lower Lows for Monster Digital Inc (NASDAQ:MSDI)

Monster Digital Inc (NASDAQ:MSDI)

Monster Digital Inc (NASDAQ:MSDI) shares launched in July of 2016. They hit a high that month of $4.15 but less than a year later shares are trading close to 10% of that high. MSDI shares have broken through their worst ever lows and continuing to make new lower lows. Shares traded sideways to slightly higher for much of the end of 2016 and into January. MSDI shares were over $2 in February but since then have been on a continual slide with the only respite being some short covering. MSDI shares have lost over 70% YTD and over 27% for the past month.

Monster Digital Inc (NASDAQ:MSDI)
MSDI chart

For Q1 2017 Monster Digital Inc (NASDAQ:MSDI) reported revenues of $0.95 million versus $1.07 million for Q4 2016. Monster posted a loss in earnings of (-$2.24) million compared to a loss of (-$1.26) million from the previous quarter.

Monster Digital Inc (NASDAQ:MSDI), headquartered in Simi Valley, CA, designs, develops and markets consumer electronics, mobile products and data storage devices. Its most visible product offering is a line of sports cameras. Also in their product portfolio is ultra-small mobile external memory drive products. Both product lines are sold through retailers and distributors.

The company used to be known as Tandon Digital, Inc. but changed its name to Monster Digital in August of 2015.

Monster Digital Inc (NASDAQ:MSDI) shares have never had a profitable year. In 2013 they reported an EPS loss of (-$0.43) followed by yearly losses of (-$1.37), (-$1.08), and (-$1.13) in 2016. Sales peaked in 2014 when Monster Digital Inc (NASDAQ:MSDI) posted a figure of $11.3 million. However in the following years the company posted sales of $8.3 million and $4.1 million for 2016. No analysts are listed by the NASDAQ as covering MSDI shares.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. All information, or data, is provided with no guarantees of accuracy.

About the author: Marc has a degree in economics and a MSc. in Finance. Over his 20-year career, Marc has worked for global investment firms in Europe and the United States as an analyst, fund manager, and consultant.