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| MJNA Receives Huge Product Validation |
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 Hot Stock to Watch
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Company: Medical Marijuana Inc. (Pink Sheets: MJNA)
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End of Day:
Price: 0.07
Change (%): + 0.003 (4.48)
Volume: 1,869,973 |
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Photo Release - Medical Marijuana, Inc.’s HempMeds’ RSHO Pure Quality Verified by Top Cannabis Industry Laboratory: ProVerde
SAN DIEGO, July 1, 2015 (GLOBE NEWSWIRE) - Medical Marijuana, Inc. (OTC Pink:MJNA), an industrial hemp industry innovator and investor, released a video statement from one of the cannabis industry’s top product quality testing authorities: ProVerde Laboratories. Dorian A. Des Lauriers, Chief Executive Officer of ProVerde Laboratories, states that his company has tested MJNA brands including Real Scientific Hemp Oil™ (RSHO™) and others from HempMeds® for more than two years. In the video statement, Des Lauriers states these products are, “...perfectly clean for human consumption.”
Des Lauriers explains further in the video statement, “ProVerde Laboratories is an industry leader in the testing space. We are an ISO/IEC 17025:2005 accredited laboratory with one of the broadest scopes of any lab in the industry for both hemp and marijuana testing.”
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 Yesterday's Top Performer
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Company: PositiveID Corporation (OTCQB: PSID)
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End of Day:
Price: 0.0447
Change (%): + 0.0063 (16.41)
Volume: 18,547,088 |
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PositiveID Provides Mid-Year Update and Highlights Its Progress With Firefly Dx Development
Firefly Dx Prototype System is Consistently Performing PCR and Accurately Detecting Pathogens in Less Than 20 Minutes
DELRAY BEACH, Fla., June 29, 2015 (GLOBE NEWSWIRE) - PositiveID Corporation (“PositiveID” or “Company”) (OTCQB:PSID), a developer of biological detection and diagnostics solutions, provided a mid-year update today to its shareholders and highlighted its progress with the testing of the Firefly Dx prototype PCR (polymerase chain reaction) pathogen detection system.
“As we reach the middle of 2015, we are very pleased with the advancements we’ve made to our Firefly Dx prototype system, and we will continue to expand our testing and challenge the system to present data to potential partners and future customers,” stated William J. Caragol, Chairman and CEO of PositiveID. “We believe that our accomplishments in the first half of 2015 set up PositiveID for continued exciting developments through the end of 2015 and into 2016 and are affirming our revenue guidance of 3-6 million dollars for 2015.”
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Other Small Cap News
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Company: Sparta Commercial Services, Inc. (OTCQB: SRCO)
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Sparta Commercial Welcomes the City of Beaumont, TX to its Municipal Lease Program
New York, NY., July 1, 2015 (GLOBE NEWSWIRE) -- Sparta Commercial Services, Inc. (OTCQB: SRCO) today announced that the City of Beaumont in Texas has become the latest jurisdiction to take advantage of Sparta's growing Municipal Lease program with the city's acquisition of a fleet of new BMW police motorcycles for its police department.
In recent years, an ever-increasing number of cities, counties, and towns across the country have turned away from the tradition of purchasing their essential equipment, which requires total up-front payments, in favor of Sparta's Municipal Lease Program. The Sparta program enables municipalities to pay the cost of equipment over time, providing local government agencies with the benefit of lowering their annual capital outlays as they acquire the critical equipment they need.
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Company: Envision Solar International, Inc. (OTCQB: EVSI)
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Envision Solar's EV ARC™ Is Featured at the International Parking Institute Conference and Expo
SAN DIEGO, CA--(Marketwired - July 01, 2015) - Envision Solar International, Inc., (OTCQB: EVSI) ("Envision Solar," or the "Company"), the leading renewable energy, media and branding and EV charging product company, is pleased to announce that its EV ARC™ product is the featured renewably energized EV charging solution at the International Parking Institute Conference and Expo in Las Vegas. The EV ARC™ was delivered to the conference floor aboard ARC Mobility™, the Company's low cost, low impact proprietary transportation system.
The International Parking Institute (IPI) is the largest and leading trade association, representing the parking industry and its professionals. The IPI Conference and Expo is attended by professionals from government, real estate, education, retail and many other verticals.
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Company: Montalvo Spirits, Inc. (OTCBB: TQLA)
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Montalvo Spirits, Inc. Hires Another Industry Veteran to Be Chief Operating Officer and Help Drive Sales
MOORPARK, CA--(Marketwired - Jul 1, 2015) - Montalvo Spirits, Inc. (OTCBB: TQLA) ("Montalvo" or, the "Company"), producers of award-winning brand Montalvo Tequila, today announced a partnership with Beacon Beverage Imports, a well respected and recognized name in the beverage industry.
In announcing the collaboration, Montalvo named Dave Stringfellow, owner of Beacon Beverage Imports headquartered in Southlake, Texas, as its Chief Operating Officer. An industry veteran, Stringfellow has become a well-respected name in the industry while working for large corporations as well as individual brands. Mr. Stringfellow began his career with the E&J Gallo Winery in California before moving on to Heublein Spirits, (Diageo) serving as the National Sales Manager for a Heublein Spirits Division. Additionally, he held the position of National Sales Manager for Sazerac and also for Sammy Hagar's Tequila label, Cabo Wabo, as it became a multi-million dollar corporation. While a great deal of his career has been spent in sales and working with distributors across the country, Mr. Stringfellow has also held the position of VP/General Manager of the US Control States for Heublein Spirits, IDV and UDV prior to becoming Diageo. It was in this capacity where he gained invaluable experience with industry logistics as well as managing the functions of marketing and finance.
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Company: LabStyle Innovations Corp. (OTCQB: DRIO)
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LabStyle Innovations Appoints Senior VP & General Manager in U.S. for the Dario Diabetes Management Solution
Todd Durniak brings deep industry expertise in diabetes and medical device industry, with track record of successful product launches
CAESAREA, Israel, July 1, 2015 /PRNewswire/ -- LabStyle Innovations Corp. (DRIO), developer of the Dario™ Diabetes Management Solution, today announced the appointment of Todd Durniak as Senior Vice President and General Manager for the U.S. Durniak brings to LabStyle over 20 years of medical device commercial and technical leadership, most recently as the Vice President and General Manager of Neighborhood Diabetes, a division of Insulet focused on delivering insulin supplies through durable medical equipment (DME) and pharmacy channels with a 'high touch' training approach.
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Market News
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By Evelyn Cheng: Evelyn Cheng
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Stocks rally on Greece hopes, data; financials jump nearly 1.5%
U.S. stocks gained about 1 percent on Wednesday, data continued to show strength in the U.S. economy and investors regained hope of a resolution between Greece and its creditors.
"Obviously enthusiasm that a deal will be struck (in Greece). I think probably more important (is) that we had some real good economic data today," said Peter Cardillo, chief market economist at Rockwell Global Capital. "Despite a rise in yields and the dollar is stronger, the first trading day of the second half is probably going to indicate the market is going to do well in the second half."
The Dow Jones industrial average traded about 150 points higher, off slightly from a more than 170-point rise in the open. The Nasdaq Composite also briefly jumped 1 percent as biotechs and Apple advanced.
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By Writer: Peter Schacknow
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Early movers: CB, GIS, MKC, STZ, FB, SBUX & more
Check out which companies are making headlines before the bell:
Chubb - The insurance company will be acquired by ACE for $28.3 billion in cash and stock, representing a 30 percent premium for Chubb shareholders. They will receive $62.93 in cash and 0.6 ACE shares for each share they now hold.
General Mills - The cereal maker earned an adjusted 75 cents per share for its latest quarter, 4 cents above estimates, but revenue was short of forecasts due in part to a stronger dollar. General Mills did see growth in both prices and profit margins.
McCormick - The spice maker beat estimates by seven cents with adjusted quarterly profit of 75 cents per share, with revenue slightly below analyst forecasts as the stronger dollar impacted sales. McCormick also raised its full year forecast due to a reduction in its expected tax rate.
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