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  • GlobalWise Investments, Inc. (GWIV) Receives Coverage From Murphy Analytics

    Today, Murphy Analytics announced it has initiated coverage on GlobalWise Investments. The Initiation Report subsequently issued contains a detailed discussion of GWIV business operations, market dynamics, macroeconomic data and indicators, financial results, potential cash flows, and risks.

    The Initiation Report in its entirety is available at: http://www.murphyanalytics.com/uploads/GWIV_Initiation.pdf

    Analyst Patrick J. Murphy, CFA noted the following in the report: "With ECM and cloud solutions in service and in development for over 15 years, GWIV has developed a broad suite of products tailored to meet the wide range of needs of and applications for small and medium business (SMB) customers… Industry forecasts generally call for significant growth in the IT sector at large as well as for cloud computing and ECM, and undoubtedly, much of that growth will be driven by the needs of Tier 1 and Tier 2 type clients. However, it seems likely that there is significant room to penetrate the SMB market for products with the appropriate price, platform, and marketing strategy, and GWIV seems to be well positioned across the board."

    Murphy Analytics is an independent investment research firm providing coverage of microcap and smallcap stocks. Utilizing institutional caliber, fundamental, bottom-up analysis, Murphy Analytics helps investors make informed investment decisions about equities without extensive analyst coverage, with a focus on small-cap and micro-cap public stocks.

    For additional information on GlobalWiseInvestments, visit the company's website at www.GlobalWiseInvestments.com

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

    May 21 2:20 PM | Link | Comment!
  • InVivo Therapeutics Holdings Corp. (NVIV) CEO To Make Several TV Appearances

    InVivo Therapeutics Holdings recently announced that the company's CEO, Frank Reynolds, is scheduled to make appearances on two television news programs. The appearances will occur on Saturday, May 19, and Sunday, May 20, on the channels KXAN-TV and WXYZ-TV, respectively.

    Founded in 2005, InVivo is a Cambridge, MA-based company focused on developing technology using polymers to assist patients who are paralyzed from spinal cord injury. InVivo was founded by Robert S. Langer, ScD. Professor at Massachusetts Institute of Technology, and Joseph P. Vacanti, M.D., who is affiliated with Massachusetts General Hospital. The company won the 2011 David F. Apple Award for its outstanding contribution to spinal cord injury medicine.

    Reynolds will be discussing InVivo's new polymer-based treatment that uses a scaffold to provide structural support to a damaged spinal cord, preventing the spinal cord from scarring. Reynolds will also discuss new products under development by InVivo, such as hydrogel technologies. Reynolds' first TV appearance will be on Austin News Today Weekend, which airs on Saturday, May 19 at 7:20am CDT on KXAN-TV, the local NBC affiliate for the greater Austin, TX area. The second appearance will be on 7 Action News This Weekend, which airs Sunday, May 20 at 8:40am EDT on WXYZ-TV, the local ABC affiliate in Detroit, MI.

    "Our technology is a true platform that can be leveraged to create many Neurotrauma products. InVivo is developing technologies to treat chronic injuries like Drew's, as well as therapies for other nervous system conditions such as chronic pain due to nerve compression and other peripheral nerve injuries. We're currently under review at FDA for our first SCI treatment, and we look forward to receiving approval to begin those human studies in 2012," said Reynolds.

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

    Tags: NVIV.OB
    May 21 2:19 PM | Link | Comment!
  • FX Energy, Inc. (FXEN) Reports On Poland Oil And Gas Operations

    FX Energy released an operational update on the company's recent oil and gas activity in Eastern Europe, where the company is active in various conventional and unconventional resource plays in Poland.

    FX Energy plans to drill two additional exploration wells in 2012 on its acreage in Poland. The drilling of the Tuchola-3 and Frankowo wells will not require additional funding sources and will be covered by the company's existing capital budget in 2012.

    The Frankowo well is located on Block 246 in Poland and is targeting natural gas that the company expects to be present in the Rotliegend formation. FX Energy said that the well will be drilled to a depth of approximately 7,200 feet and cost $6 million.

    The Tuchola-3 well is located on the Edge concession in Poland and will cost $10 million to drill and complete. The well is targeting a Permian age natural gas formation at 6,900 feet and a Devonian age oil formation at 10,300 feet.

    FX Energy expects to start drilling operations on both wells in the third quarter of 2012 and have test results before the end of the year. The company has five other exploration wells planned on its Poland acreage in 2012.

    For more information on the company, go to www.fxenergy.com

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

    Tags: FXEN
    May 21 2:18 PM | Link | Comment!
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