CORAL GABLES, FL / ACCESSWIRE / October 22, 2018 / Monday morning saw the stock market rally after a turbulent week last week. The Chinese market helped boost global shares as well. China's beaten-down stock market had its best day in more than two and a half years on Monday. The recent push for US investors has been fueled by the goal of becoming the strongest economy in the world. The recent market boom for tech and healthcare stocks has kept reporters busy. This morning, sector stocks were pushing the market higher. As the market continues to surge, here are three companies aiming for new highs today.
Premier Health Group, Inc. (PHGRF)(PHGI.CN), is a Company focused on developing innovative approaches that combine human skill-based expertise with emerging technologies for the healthcare industry. This morning the company announced that its common shares traded on the OTC Markets Group Inc.'s OTCQB Venture Market in the United States, under the symbol "PHGRF," are Depository Trust Company ("DTC") eligible, effective October 22, 2018. DTC is a subsidiary of the Depository Trust & Clearing Corporation and manages the electronic clearing and settlement of share transactions for publicly traded companies.
DTC eligibility allows Premier Health shares to be more easily and economically transferred between brokerage accounts electronically within the United States
Earlier this month Premier Health Group, Inc. (PHGRF)(PHGI.CN), announced that it has selected Reliq Health Technologies Inc. as its exclusive technology partner. Reliq will be providing Premier's HealthVue primary care clinics with a HealthVue-branded telemedicine, remote monitoring & AI solution for its clinical staff and more than 100,000 active patients. Reliq Health Technologies is a healthcare technology company that specializes in developing innovative software solutions for the Community Care market.
CollPlant Holdings Ltd. (CLGN) and United Therapeutics Corporation (UTHR) announced that they have entered into a license, development and commercialization agreement for 3D bioprinted lung transplants. The agreement combines CollPlant's proprietary recombinant human collagen (rhCollagen) and BioInk technology with the regenerative medicine and organ manufacturing capabilities of United Therapeutics.
CollPlant will manufacture and supply BioInk for a few years to meet development process demand, and will provide technical support to United Therapeutics as it establishes a U.S. facility for the manufacture of CollPlant's rhCollagen and BioInk.
Furthermore, CollPlant will receive an upfront payment of $5 million and milestone payments of up to $15 million based on the achievement of certain operational and regulatory milestones related to the development of manufactured lungs.
Shares of the company were up over 30% from its closing price on Friday.
Novume Solutions, Inc. (NVMM) is a holding company that integrates technology and human capital to solve client challenges. The company announced this month that effective October 10, 2018, Novume and OpenALPR Technology, Inc. (OpenALPR) entered into a management services agreement (MSA) whereby Novume will provide services to support the continued growth of OpenALPR's platform. These services include sales, call center and customer support, engineering, marketing and website services along with business strategy, contract and other back office functions. The MSA provides for Novume to receive compensation on a time and materials basis for most services and a commission basis for sales of OpenALPR products.
"Novume's subsidiaries are uniquely positioned to help accelerate OpenALPR's remarkable growth in the near term as Novume works to complete its previously announced intent to acquire OpenALPR," said Robert Berman, Novume's CEO in a press release.
This morning, shares of the company's stock were up more than 70% from its previous closing price on Friday.
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JSG Communications, LLC, which owns www.StockPrice.com, may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. JSG Communications, LLC, which owns www.StockPrice.com, may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two. Pursuant to an agreement between MIDAM VENTURES, LLC an affiliate of JSG COMMUNICATIONS LLC and Premier Health Group Inc. we were hired for a period from 10/1/2018 - 4/1/2018 to publicly disseminate information about Premier Health Group Inc. including on the Website and other media including Facebook and Twitter. We were paid $100,000 (CASH) for & were paid "500,000" shares of restricted common shares. We own zero shares of Premier Health Group Inc., which we purchased in the open market. Once the (6)Six month restriction is complete on 4/1/2018 we plan to sell the "500,000" shares of Premier Health Group Inc. that we hold currently in restricted form during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of Premier Health Group Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. Please click here for full disclaimer