July 2019 - Page 2 of 5

Research – Onconova Therapeutics – Initiation of Coverage

Posted on July 25, 2019May 4, 2022 by Admin

Thursday, July 25, 2019

Onconova Therapeutics (ONTX)

Once Fall, Twice Stand Up

Onconova Therapeutics, Inc., a clinical-stage biopharmaceutical company, focused on discovering and developing small molecule inhibitors to treat cancer. The lead product candidate rigosertib is in Phase 3 clinical trial for patients with higher risk myelodysplastic syndromes (MDS).

Ahu Demir, Biotechnology Research Analyst, Noble Capital Markets, Inc.

Refer to full report for price target, fundamental analysis and rating.

Onconova’s main focus is MDS. Onconova Therapeutics is currently focused on completing a Phase 3 study (INSPIRE) with rigosertib, a RAS pathway inhibitor, for the treatment of 2nd line high-risk myelodysplastic syndrome (HR-MDS). MDS is a blood disorder caused by malfunctioning of the bone marrow, which fails to make enough normal blood cells. In March 2019, the company achieved 75 percent completion of patient enrollment. Full enrolment is expected in H2 2019, data readout to follow in 2020.
Clinical Benefit in Selected Patient Population. Onconova’s Phase 3 clinical trial (ONTIME) showed lackluster survival benefit in HR-MDS patients based on data readout in 2014. However, post-hoc analysis of the data suggested…

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*Analyst
certification and important disclosures included in full report.
NOTE: investment decisions should not be based upon the content of
this research summary. Proper due diligence is required before
making any investment decision.

eSports- The Next Big Thing?

Posted on July 25, 2019May 4, 2022 by Admin

(Note: companies that could be impacted by the content of this article are listed at the base of the story (desktop version). This article uses third-party references to provide a bullish, bearish and balanced point of view; sources listed in the “Balanced” section)

As the world continues to become more technologically integrated, new markets will start to emerge. The world of competitive video gaming is developing quickly and becoming an international phenomenon. With millions of fans and billions of dollars up for grabs, eSports has investors very excited for what the future of the industry has to offer. Gamers have come together from all over the world, developing from casual players to serious stars who have the ability to rake in seven-figures. A huge chunk of their revenue stems from streaming services, like Twitch, where fans can tune in as their favorite gamer plays. There are new financial commitments every day, and more are trying to get a piece of the pie before it’s to late.

IPO Podcast Series: Rob Lowe

Posted on July 24, 2019May 4, 2022 by Admin

IPO Podcast Series: Rob Lowe.

This Hollywood icon landed his first TV role at age 15 and came to prominence as a teen idol and member of the Brat Pack with roles in films like The Outsiders and Oxford Blues. Find out from this insightful American actor how making a business out of being in “the business” is no easy road.

The most innovative Ideas, the inspirational People behind them, and the wealth of Opportunities they create… that’s IPO from Channelchek, hosted by Brant Pinvidic

watch the IPO series trailer

IPO Podcast – Christie Hefner

Posted on July 24, 2019May 4, 2022 by Admin

The Idea: Hand over the helm of Playboy to your 29 year old daughter. Meet Christie Hefner.

Much more than daddy’s little girl… In 1982 at the age 29, Christie became the president of the iconic company her father had started in 1953. This was no honorary title, the company was in serious trouble and it needed leadership. She proved to be the right person for the job. Listen to how she catapulted Playboy Enterprises from the brink of bankruptcy to become an international licensing and multi-media company.

GUEST:

Christie Hefner, only daughter of Playboy Enterprises founder, Hugh Hefner, Assumed the roll of president of the company in 1982 and six years later was elected CEO and chairman. She remained in that position for more than 20 years making her the longest serving woman CEO of a public company. Under her control, and with the help of Warren Buffett, the company evolved from the publisher of a men’s magazine to a multi-media international licensing company.

Running time 39:19

HIGHLIGHTS:

11:28 – Interview with Ms. Hefner

21:21 – Playboy strong supporter of woman’s rights – belief that women can be both admired and desired

27:04 – The word brand is overused; Virgin is a brand, United is an airline… Nike is a brand Reebok is a shoe

HOST:

Brant Pinvidic, Hollywood producer and director (Bar Rescue, Biggest loser), C-level corporate consultant, columnist for Forbes and author (3-Minute Rule – Penguin Random House, October 2019).

The most innovative Ideas, the inspirational People behind them, and the wealth of Opportunities they create… that’s IPO from Channelchek.

watch the IPO series trailer

Regulatory Overstep? How will MiFID II impact financial markets?

Posted on July 24, 2019May 4, 2022 by Admin

Effective as of January 3, 2018 in the European Union, the Markets in Financial Instruments Directive (MiFID) II is a legislative framework that builds upon MiFID I (put into force on November 1, 2007) to regulate financial markets in the EU and to improve protections for investors. MiFID II covers nearly all aspects of financial investment and trading affecting nearly all financial professionals within the EU. A key element of MiFID II is the unbundling of research costs from trading/execution costs. Traditionally and to a large extent currently in the U.S., institutional money managers received access to the investment research of Wall Street brokerage firms as part of doing business with the firm, oftentimes via directing trading activity through such firms. MiFID II requires fund managers in the EU to either pay for research themselves or to set up a research budget account, where the budget has been agreed with the client.

MiFID II, however, is not compatible with existing U.S. SEC regulations, which prohibits funds from paying cash to U.S. brokers for investment research. This has created some conflict and confusion among investment managers, particularly those with operations that fall under the EU directive. In 2017, the SEC issued three no-action letters allowing U.S. broker dealers to comply with certain MiFID II research unbundling requirements when they are doing business with European investment managers. This relief expires in July 2020.

IPO Podcast Series

Posted on July 24, 2019May 4, 2022 by Admin

IPO Podcast – The idea: Build a business by understanding the science of people. Meet Vanessa Van Edwards.

National best selling author, 20+ million views on Youtube, and lead behavioral investigator with Science of People – Vanessa Van Edwards is renowned for teaching science-backed people skills to audiences around the world. Vanessa shares tangible skills to…

LISTEN HERE

IPO Podcast -The Idea: Become a star, built on terminal goodlookingness. Meet Rob Lowe.

The idea: Transition from Supermodel to Super Mogul with a pair of socks. Meet Kathy Ireland.

Parlayed teen modeling into supermodel then super mogul… Her multi-billion-dollar empire is now ranked among the top 50 licensing companies in the world with annual sales of $2 billion. Her personal fortune is over $500 million….
LISTEN HERE

The idea: Drive a meal-in-a-box start-up to #1 in the world in six years. Meet Patrick Drake.

TFormer Wall Street firm lawyer to Head Chef and Co-founder of HELLO FRESH – the largest meal-kit provider in the world (market-cap $1.5 billion, sales $1.3 billion) – Patrick Drake has proven what it takes to topple competition and build…LISTEN HERE

The Idea: Hand over the helm of Playboy to your 29 year old daughter. Meet Christie Hefner.

The Idea: Transition from jeans to gene therapy in a most disruptive way. Meet Mark Emalfarb.

In the second episode of the IPO podcast series, Brant Pinvidic probes into the positive aspects of being “disruptive.” Changing what is viewed as the norm – disrupting the status quo -can result in very positive change…
LISTEN HERE

The Idea: The science of investing in life sciences: Meet Noble’s Scientific Advisory Board.

In the inaugural episode, Brant tries to navigate the minefield of challenges that biotech investors face. In his engaging everyman approach, Brant looks at the importance of getting a third-party, independent opinion, how to…
LISTEN HERE

NetworkNewsWire is the Official NewsWire of IPO

The idea: Drive a meal-in-a-box start-up to #1 in the world in six years. Meet Patrick Drake.

Former Wall Street firm lawyer to Head Chef and Co-founder of HELLO FRESH – the largest meal-kit provider in the world (market-cap $1.5 billion, sales $1.3 billion) – Patrick Drake has proven what it takes to topple competition and build brand recognition in an industry that, well, didn’t even exist 10 years ago…
LISTEN HERE

The Idea: Hand over the helm of Playboy to your 29 year old daughter. Meet Christie Hefner.

The idea: Transition from Supermodel to Super Mogul with a pair of socks. Meet Kathy Ireland.

The idea: Calculate and build a multi-million dollar brand out of 6-second videos. Meet King Bach.

his social media phenom holds the Guinness World Book of Records for the most followers on the now defunct Vine… but Vine was only the beginning. He’s once again the King of the bunch with his videos getting as many as 50 million…
WATCH THE PREVIEW

The Idea: Become a star, built on “terminal goodlookingness:” Meet Rob Lowe.

The Idea: Transition from jeans to gene therapy in a most disruptive way. Meet Mark Emalfarb.

The Idea: The science of investing in life sciences: Meet Noble’s Scientific Advisory Board.

NetworkNewsWire is the Official NewsWire of IPO

Can Micro-Mobility Solve Last-mile Transportation Issues?

Posted on July 24, 2019May 4, 2022 by Admin

Micro-Mobility startups, such Bird, Lime, Skip and Spin, grant users access to find and access electric scooters (e-scooters) through a phone application. Over the last two years, rentable e-scooters have been emerging throughout U.S. cities, and expanding worldwide. Once a user reaches their specific destination, they are able to just leave to scooter and freely continue onward. Shared scooters and other micro-mobility services may provide a new future in transportation throughout cities. Micro-mobility services largely consisting of e-scooters have seen a surge in fatal accidents and other injuries due to rider negligence. E-scooters may prove to be a safety hazard for not only the rider but passing drivers and pedestrians who must be aware of their surroundings.

IPO Podcast Series-1

Posted on July 24, 2019May 4, 2022 by Admin

The Idea: Hand over the helm of Playboy to your 29 year old daughter. Meet Christie Hefner.

LISTEN HERE

The idea: Transition from Supermodel to Super Mogul with a pair of socks. Meet Kathy Ireland.

The idea: Drive a meals-in-a-box start-up to #1 in the world in six years. Meet Patrick Drake.

From Wall Street lawyer to Head Chef and Co-founder of HELLO FRESH – the largest meal-kit provider in the world (market-cap $1.5 billion, sales $1.3 billion) – Patrick Drake has proven what it takes to topple competition and…
WATCH THE PREVIEW

The idea: Calculate and build a multi-million dollar brand out of 6-second videos. Meet King Bach.

This social media phenom holds the Guinness World Book of Records for the most followers on the now defunct Vine… but Vine was only the beginning. He’s once again the King of the bunch with his videos getting as many as 50 million…
WATCH THE PREVIEW

The Idea: Become a star, built on “terminal goodlookingness:” Meet Rob Lowe.

The Idea: Transition from jeans to gene therapy in a most disruptive way. Meet Mark Amalfarb.

The Idea: The science of investing in life sciences: Meet Noble’s Scientific Advisory Board.

The Idea: Hand over the helm of Playboy to your 29 year old daughter. Meet Christie Hefner.

The idea: Transition from Supermodel to Super Mogul with a pair of socks. Meet Kathy Ireland.

The idea: Take someone else’s idea and do it bigger and better: Hello Fresh. Meet Patrick Drake.

The idea: Calculate and build a multi-million dollar brand out of 6-second videos. Meet King Bach.

The Idea: Become a star, built on “terminal goodlookingness:” Meet Rob Lowe.

The Idea: Transition from jeans to gene therapy in a most disruptive way. Meet Mark Amalfarb.

The Idea: The science of investing in life sciences: Meet Noble’s Scientific Advisory Board.

Research – Scorpio Bulkers (SALT) – Worst Has Passed and Rebound Underway

Posted on July 23, 2019May 4, 2022 by Admin

Tuesday, July 23, 2019

Scorpio Bulkers (SALT)

Worst Has Passed and Rebound Underway

Scorpio Bulkers Inc is a shipping company based in Monaco. It owns and operates a fleet of modern mid to large-size dry bulk carriers which provide marine transportation for major bulks, which include iron ore, coal and grain and minor bulks which include bauxite, fertilizers and steel products internationally.

Poe Fratt, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to full report for price target, fundamental analysis and rating.

2Q2019 results slightly below expectations. Scorpio Tankers (STNG) investment performed well and non-cash gain of $53.1 million recognized. Adjusted EBITDA of $16.9 million was below our estimate of $19.7 million mainly due to lower TCE rates, which drove a $3.0 million revenue variance, and higher G&A expenses ($0.6 million), which more than offset lower opex (-$0.5 million) and other expenses (-$0.3 million).
Increasing 2019 EBTDA estimate to $103.0 million to reflect recent strong dry bulk market rebound. Introducing our 2020 EBITDA estimate of $150.4 million, which is based on …

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Is the transportation sector signaling the next recession?

Posted on July 23, 2019May 4, 2022 by Admin

Freight shipments fell 5.3% in June after having fallen 6.0% in May. June was the seventh month in a row of year-over-year declines. Transportation is viewed as a leading indicator of the economic activity because it reflects buyer optimism regarding the future. A study by the Bureau of Transportation Statistics estimates that transportation volumes lead business cycles by approximately four months. Should investors view the decline in transportation shipments as a sign of upcoming economic weakness or even a recession?

Research – ProMIS Neurosciences (PMN:CA) – Amid Skepticism, Light Will Emerge in Alzheimer’s Area

Posted on July 23, 2019May 4, 2022 by Admin

Tuesday, July 23, 2019

ProMIS Neurosciences (PMN:CA)

Amid Skepticism, Light Will Emerge in Alzheimer’s Area

ProMIS Neurosciences, Inc., a development stage biotech company, discovers and develops precision medicine therapeutics for the treatment of neurodegenerative diseases, primarily Alzheimer’s disease (AD) and amyotrophic lateral sclerosis (ALS).

Cosme Ordonez, MD, Ph.D., Senior Life Sciences Analyst, Noble Capital Markets, Inc.

Refer to full report for price target, fundamental analysis and rating.

ProMIS showcases its technology at Medical Conference. At the Annual Alzheimer’s Association International Conference (AAIC) held in Los Angeles last week, Dr. Johanne Kaplan, the company’s Chief Development Officer, made an oral presentation on the therapeutic potential of candidate drug PMN310 for the treatment of Alzheimer’s disease (AD).
Despite current skepticism, there is still hope. In recent months, negative news released by…

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Research – Seanergy Maritime (SHIP) – Cape Market Moving Sharply Higher, SHIP Should Move Up Too

Posted on July 22, 2019May 4, 2022 by Admin

Monday, July 22, 2019

Seanergy Maritime (SHIP)

Cape Market Moving Sharply Higher, SHIP Should Move Up Too

Seanergy Maritime Holdings Corp., an international shipping company, provides marine dry bulk transportation services through the ownership and operation of dry bulk vessels. The company owns a modern fleet of 10 Capesize dry bulk vessels with a combined cargo-carrying capacity of approximately 1,748,581 dwt and an average fleet age of 9.8 years. The company was formerly known as Seanergy Maritime Corp. and changed its name to Seanergy Maritime Holdings Corp. in January 2009.

Poe Fratt, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to full report for price target, fundamental analysis and rating.

Cape market has rebounded strongly over the past quarter and spot rates exceed $30k/day. Despite the overhang of trade tensions and sluggish global economic growth, the dry bulk market has been stronger than expected. The Baltic Capesize Index (BCI) has exploded higher over the past month and is near a multi-year high. At 4,256, the BCI is well above the extraordinary low of 92 on April 4th and ~25% above the current 3Q2019 average.
Increasing 2019 EBITDA estimate to $17.08 million (from $15.05 million) and introducing 2020 EBITDA estimate of $40.59 million. Given the strong rebound in the cape market, we are forecasting cape TCE rates of…

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Cryptocurrency Controversy? Facebook Reveals Libra.

Posted on July 22, 2019May 4, 2022 by Admin

Over the decade, digital currency, commonly referred to as cryptocurrency, has been a new creation that many companies want to get their hands on. Since the creation of Bitcoin in 2009, cryptocurrency has attracted a large following as well as large investments. Recently, Facebook has made their way into the cryptocurrency world with what they call Libra. Libra proposes quick, safe, and easy global transactions on their own blockchain, although regulators have been quick to jump in and voice concerns.