Thursday, May 15, 2014

Mining Stock Alert: SilverCrest (TSX: SVL) (NYSE MKT: SVLC) Reports Q1 2014 Financial Results

Vancouver, British Columbia - May 15, 2014 (Investorideas.com Mining Stocks Newswire) SilverCrest Mines Inc. (TSX:SVL) ( NYSE MKT: SVLC) is pleased to announce its financial results for the first quarter ended March 31, 2014. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in U.S. dollars unless otherwise specified. The information in this news release should be read in conjunction with the Company's unaudited condensed consolidated interim financial statements for the three months ended March 31, 2014 and associated management discussion and analysis ("MD&A") which are available from the Company's website at www.silvercrestmines.com and under the Company's profile on SEDAR at www.sedar.com.

N. Eric Fier, President and COO stated, "We are pleased with the steady start to 2014, for which operating costs and production were consistent with budget, although our financial performance compared to the first quarter of 2013 was impacted by lower metal prices. Our all-in sustaining cash costs per silver equivalent ounce sold (2) at $9.71 continues to makes us one of the lowest cost precious metal producers. With the commissioning of our new 3,000 tpd mill, SilverCrest is well positioned to continue to generate strong operating cash flows in H2 2014, with continued strengthening of its cash position of $54.5 million at March 31, 2014."
FINANCIAL HIGHLIGHTS OF Q1, 2014, Compared to Q1, 2013:
  • Cash flow from operations (1) decreased 25% to $6.6 million ($0.06 per share).
  • Cash operating cost per silver equivalent ounce sold (2) decreased 7% to $7.14.
  • All-in sustaining cash cost per silver equivalent ounce sold (2) decreased 40% to $9.71.
  • Revenues reported decreased 15% to $13.0 million.
  • Metal sales of 198,800 ounces of silver and 7,650 ounces of gold increased 27% and 4% respectively.
  • Realized spot metal prices declined from $30 to $21 (30%) for silver and from $1,626 to $1,319 (19%) for gold.
  • Net earnings were $2.5 million ($0.02 per share), compared to $6.0 million ($0.06 per share).
  • Cash and cash equivalents were $54.5 million (at March 31, 2014), compared to $41.1 million (at March 31, 2013).
  • Working capital was $63.7 million (at March 31, 2014), compared to $48.9 million (at March 31, 2013).
  • Bullion inventory at March 31, 2014, included 59,114 ounces of silver and 2,084 ounces of gold.
Comparison of the three months ended March 31, 2014 to March 31, 2013
Net earnings were $2,467,989 ($0.02 per share basic) for the first quarter compared with $6,002,276 ($0.06 per share basic) in 2013. The decrease in net earnings during the first quarter was primarily attributed by lower revenues resulting from significantly lower realized prices.
Silver and gold revenue totalled $13,005,527 (2013 - $15,329,642) in the first quarter. Silver sales totalled 198,800 ounces (2013 - 157,088), 27% higher than the same period in 2013. The foregoing, combined with a 30% lower average realized price at $21 (2013 - $30) per ounce, resulted in 12% less silver revenue. Total gold revenue reported in the first quarter decreased 16% compared to the same period in 2013. Total gold sales were 7,650 ounces (2013 - 7,370) or 4% above 2013. The Company sold 6,120 (2013 - 5,896) ounces of gold at an average realized price of $1,319 (2013 - $1,626) per ounce, a 19% decline and delivered 1,530 gold ounces (2013 - 1,474) under the Sandstorm Purchase Agreement at $350 per ounce.
Cost of sales amounted to $4,686,523 (2013 - $4,368,519). Operating cash cost per silver equivalent ounce sold amounted to $7.14, Ag:Au 60.0:1 (2013 - $7.69, Ag:Au 55.8:1). The decrease in operating cash cost per silver equivalent ounce sold is driven generally by the difference in silver equivalence ratios. The 40% decrease in all-in sustaining cash costs from Q1 2013, is primarily due to lower exploration costs incurred by the Company during Q1 2014.
General and administrative expenses increased by 10% to $1,477,002 (2013 - $1,340,926) primarily due to an increase in regulatory expenses resulting from the onetime TSX listing fee.
Investorideas.com Newswire (1) Cash flow from operations before changes in working capital items.
(2) These are Non-IFRS performance measures. Refer to "CAUTIONARY NOTE REGARDING NON-IFRS PERFORMANCE MEASURES". Silver equivalent ("AgEq") ounces consist of the number of ounces of silver production/sold plus the number of ounces of gold production/sold multiplied by a 60:1 gold price to silver price ratio. Prior to Q1 2014, the AgEq ratio was based on the spot gold price to the spot silver price at the quarter end dates for financial reporting. All numbers are rounded.
OUTLOOK
SilverCrest's immediate focus is to (i) continue its efficient operation of its flagship Santa Elena low cost silver and gold mine, (ii) complete commissioning of the new 3,000 tonne per day CCD-MC processing plant, (iii) complete accelerated development of the underground mine for initial underground production, (iv) expand resources and subsequent reserves at Santa Elena by systematic exploration of the deposit, (v) evaluate and acquire exploration properties in proximity to Santa Elena, (vi) complete evaluation of certain aspects at the La Joya Project to a Pre-Feasibility Study level in 2014.
CONFERENCE CALL
A conference call to discuss the results will be held on Thursday, May 15th. The call will be held at 10am PDT (1pm EDT). To participate in the conference call, please dial the following:
Participant Dial In Number(s)
Local / International: 416-849-5572
North American Toll-Free: 1-866-809-6768
A replay of the conference call will be archived for later playback on the Company's website at www.silvercrestmines.com.
SilverCrest Mines Inc. (NYSE MKT: SVLC; TSX: SVL) is a Canadian precious metals producer headquartered in Vancouver, BC. SilverCrest’s flagship property is the 100%-owned Santa Elena Mine, located 150 km northeast of Hermosillo, near Banamichi in the State of Sonora, México. The mine is a high-grade, epithermal silver and gold producer, with an estimated life of mine of 8 years and operating cash costs of $11 per ounce of silver equivalent (55:1 Ag:Au) for the open pit heap leach and underground mine. SilverCrest anticipates that the new 3,000 tonnes per day conventional mill facility at the Santa Elena Mine should recover an average annual rate of 1.5 million ounces of silver and 32,800 ounces of gold over the current reserve. Major expansion and construction of the 3,000 tonnes per day conventional mill facility is nearing completion and is expected to significantly increase metals production at the Santa Elena Mine (open pit and underground) in 2014 and beyond. Exploration programs continue to make new discoveries at Santa Elena and also have rapidly advanced the definition of a large polymetallic deposit at the La Joya property in Durango State, Mexico.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of Canadian securities legislation and the United States Securities Litigation Reform Act of 1995. Such forward-looking statements concern the Company's anticipated results and developments in the Company's operations in future periods, planned exploration and development of its properties, plans related to its business and other matters that may occur in the future. These statements relate to analyses and other information that are based on expectations of future performance, including silver and gold production and planned work programs. Statements concerning reserves and mineral resource estimates may also constitute forward-looking statements to the extent that they involve estimates of the mineralization that will be encountered if the property is developed and, in the case of mineral reserves, such statements reflect the conclusion based on certain assumptions that the mineral deposit can be economically exploited.
Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward-looking statements, including, without limitation: risks related to precious and base metal price fluctuations; risks related to fluctuations in the currency markets (particularly the Mexican peso, Canadian dollar and United States dollar); risks related to the inherently dangerous activity of mining, including conditions or events beyond our control, and operating or technical difficulties in mineral exploration, development and mining activities; uncertainty in the Company's ability to raise financing and fund the exploration and development of its mineral properties; uncertainty as to actual capital costs, operating costs, production and economic returns, and uncertainty that development activities will result in profitable mining operations; risks related to reserves and mineral resource figures being estimates based on interpretations and assumptions which may result in less mineral production under actual conditions than is currently estimated and to diminishing quantities or grades of mineral reserves as properties are mined; risks related to governmental regulations and obtaining necessary licenses and permits; risks related to the business being subject to environmental laws and regulations which may increase costs of doing business and restrict our operations; risks related to mineral properties being subject to prior unregistered agreements, transfers, or claims and other defects in title; risks relating to inadequate insurance or inability to obtain insurance; risks related to potential litigation; risks related to the global economy; risks related to the Company's status as a foreign private issuer in the United States; risks related to all of the Company's properties being located in Mexico and El Salvador, including political, economic, social and regulatory instability; and risks related to officers and directors becoming associated with other natural resource companies which may give rise to conflicts of interests. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the forward-looking statements. The Company's forward-looking statements are based on beliefs, expectations and opinions of management on the date the statements are made. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.
N. Eric Fier, President & COO
SILVERCREST MINES INC.
Neither TSX Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Fred Cooper
Telephone: (604) 694-1730 ext. 108
Toll Free: 1-866-691-1730
Email: info@silvercrestmines.com
Website: www.silvercrestmines.com
Address: Suite 501 - 570 Granville Street
Vancouver, BC Canada V6C 3P1
Published at Investorideas.com Newswire
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

Wednesday, May 14, 2014

TSX News Alert: Garibaldi (TSXV: GGI) drills bonanza grade silver near-surface at Silver Eagle target, Rodadero

VANCOUVER - May 14, 2014 (Investorideas.com Mining stocks newswire) Garibaldi Resources Corp. (GGI.V) (the "Company" or "Garibaldi") is pleased to report that it has intersected exceptionally high silver grades within 30 meters of surface in first-ever drilling at the Company's 45 sq. km Rodadero North Project in central Sonora State, Mexico . A second drill hole has started.

Highlights:
  • First hole at Silver Eagle target (SE-14-01) returned 2,010 g/t Ag (65 oz/ton) over 7 meters (23.1 feet) including 3 meters (9.9 feet) grading 4,565 g/t Ag (147 oz/ton);
  • A 50-meter step-out hole to the south of SE-14-01 has commenced;
  • Garibaldi's exploration team has identified 7 high-priority targets in addition to Silver Eagle at Rodadero North - data compilation and regional work continues.
Steve Regoci , Garibaldi President and CEO, commented: "We're excited with these initial drill results at Rodadero where we have made very effective use of hyperspectral remote sensing technology to outline a broad area of prospective targets. Given these numbers from Rodadero, and our recent solid drill results at La Patilla, we are moving at an accelerated pace in Mexico . In northwest British Columbia , we are extremely encouraged by the near-term discovery potential of our flagship Grizzly Project that covers more than half of the Sheslay Cu-Au porphyry district mineralized corridor. Garibaldi is uniquely positioned in two friendly jurisdictions to build shareholder value."
Silver Eagle Target, Rodadero North
The first hole at Silver Eagle, drilled with Garibaldi's company-owned rig, was designed to follow up on surface sampling along a silicified zone. DDH SE-14-01 intersected a strongly mineralized 7-meter zone.
Significant assay results, DDH SE-14-01:
Investorideas.com Newswire At the present time, the geometry of the mineralized system is not known and true width for the drill intercepts remains to be determined. The widths given are downhole core lengths. The cut-off for the 7-meter intercept is 20 g/t Ag. The hole was drilled to a length of 100 meters.
The Silver Eagle target is an apparently flat lying silicified body that alters the upper parts of a conglomerate unit that overlies andesitic volcanic rocks. The silicified body is cut by several silver-bearing fractured zones that may reflect feeders to the silicified 'cap'.
"We eagerly anticipate results from this next hole at Silver Eagle," added Regoci. "In Mexico we're also preparing for follow-up drilling at La Patilla and initial drilling at Iris. We have low exploration and drilling costs in Mexico , and these are also partly offset by continued royalty income from our pilot coal program at the Tonichi Project."
Rodadero North & Rodadero South Target Areas
The Rodadero region hosts multiple precious metal occurrences over several tens of kilometers. Garibaldi has identified seven other targets at Rodadero North - Rambo, La Guata, Batuc , La Fortuna , La Colorada , Tarichi and Igualama - through mapping, sampling and the use of the Company's proprietary hyperspectral database. To date, two targets have also been outlined at Rodadero South, where less exploration has been carried out, approximately five kilometers southeast of Rodadero North. A map showing the two project areas and targets is attached with this release and will be posted at www.GaribaldiResources.com in the Mexico "Projects" section under "Rodadero". Alamos Gold's Mulatos mine and Agnico Eagle's La India mine are approximately 90 kilometers to the southeast.
Live Webinar and Corporate Video
Garibaldi will be conducting a live investor Webinar Wednesday, May 21 , beginning at 1:15 p.m. Pacific (4:15 pm Eastern) through MarketSmart Communications Inc., official investor relations for Garibaldi. Log-in instructions for this presentation can be found on the Garibaldi homepage (www.GaribaldiResources.com).
Garibaldi is also pleased to announce the release of an updated short corporate presentation (video). You can view the video by going to the following web site URL: http://www.garibaldiresources.com/s/Media.asp#video
Quality Assurance & Control
Garibaldi maintains strict QA-QC protocols for all aspects of its exploration programs that include the systematic insertion of blanks and standards into each sample batch. Acme Labs (now part of the Bureau Veritis group that includes BSI Inspectorate) performed assay analyses on core reported in this release, and ALS Global (formerly ALS Chemex) performed analyses on rock samples. All samples were assayed using certified and industry standard assay techniques for gold and multi-element packages and for over-limits. Au was analyzed by 30 or 50 gram fire assay with an atomic absorption finish, and other elements were analyzed by multi-element ICP. Samples in excess of 1,500 g/t Ag were analyzed by gravimetric methods.
Qualified Person
Dr. Craig Gibson , Certified Professional Geologist and a director of Garibaldi, is a non-arms length Qualified Person for the Company's Mexico projects and the direct manager of the technical programs operated under contract by Prospeccion Y Desorrollo Minera del Norte (ProDeMin). Dr. Gibson has reviewed this news release and approved the content thereof.
About Garibaldi
Garibaldi Resources Corp. is an active Canadian-based junior exploration company focused on creating shareholder value through discoveries and strategic development of its assets in some of the most prolific mining regions in Mexico and British Columbia.
We seek safe harbor.
GARIBALDI RESOURCES CORP.
Per: "Steve Regoci"
Steve Regoci , President
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or the accuracy of this release.
SOURCE Garibaldi Resources Corp.
Image with caption: "Garibaldi drills bonanza grade silver near-surface at Silver Eagle target, Rodadero (CNW Group/Garibaldi Resources Corp.)". Image available at: http://photos.newswire.ca/images/download/20140514_C8286_PHOTO_EN_40292.jpg
Contact:
GARIBALDI RESOURCES CORP.
1150 - 409 Granville Street
Vancouver, BC V6C 1T2
Telephone: (604) 488-8851
Website: www.GaribaldiResources.com
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Medical Technology Breaking News: Aethlon Medical (OTCQB: AEMD) CEO Note: Cancer Treatment Discovery, Exosomes Transport Pharmaceutical Industry Targets

SAN DIEGO - May 14, 2014 (Investorideas.com newswire) Aethlon Medical, Inc. (OTCBB:AEMD), today released the following note authored by its Chairman and CEO, Jim Joyce

Investorideas.com Newswire The discovery that our Hemopurifer® captures tumor-secreted exosomes provides hope for a new therapeutic paradigm to augment cancer care. Yes, the same Hemopurifier® we are preparing to advance in a forthcoming FDA approved infectious disease study. In my last CEO note, I referenced a National Institute of Health (NIH) – National Cancer Institute (NCI) sponsored article that referenced Hemopurifier® therapy as a candidate to address tumor-secreted exosomes.
The article detailed several exosomal mechanisms that promote cancer progression, including suppression of the immune system, triggering resistance to cancer therapies, promotion of angiogenesis and seeding the spread of metastasis. The article also indicated that high levels of circulating exosomes correlated with advanced stage cancer.
As researchers continue to unravel the deleterious mechanisms of exosomes underlying cancer, it has become clear that these particles also transport many molecular targets of interest to the pharmaceutical industry. Thus providing further support for a medical device that is able to target circulating exosomes without adding drug toxicity to established cancer therapies.
In this regard, I am pleased to share the following overview authored by Dr. Annette Marleau (our Director of Tumor Immunology), which outlines oncology targets of the pharmaceutical industry that have been reported to be transported by exosomes.
Therapeutic Elimination of Cancer Exosomes: Delivery Vehicles For A Spectrum of Pharmaceutical Industry Targets
The Aethlon Hemopurifier® is a first-in-class extracorporeal hemofiltration device with the ability to capture and retain disease-mediating particles from the entire circulatory system. Utilizing existing hemodialysis infrastructure, Hemopurifier® cartridges are packed with a carbohydrate-binding protein known as GNA, which has a unique affinity for glycosylated particles that are typically released in large quantities by diseased cells.
Among the disease targets that can be addressed by Hemopurifier® therapy are exosomes (also sometimes referred to as extracellular vesicles or microvesicles). Previously thought to represent unwanted cellular debris, an explosion of research has now proven that exosomes serve as primary transportation systems between the body's cells. In disease conditions such as cancer, pathogenic material from diseased cells is packaged into exosomes and released into circulation, thereby unleashing the cancer's arsenal of malignant signals throughout the body. In recent years, the scientific community has identified a complement of disease-causing proteins and genes carried in the exosomal cargo, the tumor's essential blueprint. Exosomes are thus major purveyors of aggressive cancer phenotypes, able to provide the comprehensive array of mediators for tumor growth and metastasis, drug resistance, immune suppression, and angiogenesis.
Drawing from the surplus of possible targets in cancer therapeutics, pharmaceutical companies are vying in a race for clinical enhancement and commercialization of a plethora of drug candidates, including tyrosine kinase inhibitors (TKI) and monoclonal antibodies (mAb) directed at specific mediators of malignancy. We envision that addressing exosomes therapeutically could serve as a strategy for dealing with many of these disease targets simultaneously. Indeed, an analysis of the drug targets being pursued by the pharmaceutical industry reveals that many of these targets are actually transported by cancer exosomes during the disease process. Included in the pipeline of promising oncology drugs are immune checkpoint inhibitors targeting programmed cell death protein 1 (also known as PD-1) and its ligand (PD-L1, B7-H1), a molecular pathway triggered by exosomes that contributes to muted anti-cancer responses. As underscored by the list that follows, the drug targets present in exosomes encompass the breadth of molecular pathways that are exploited by tumors to escape immune surveillance and hijack host tissues, including CTLA-4, HGF/met, FGF, b-Raf, EGFR, HER2, CD20, P-glycoprotein, and VEGF/VEGFR.
Immune Suppression
Programmed Cell Death 1 & Ligand (PD-1/PD-1L):
  • Merck: Lambrolizumab/MK-3475 (anti-PD-1 mAb)
  • Bristol-Myers Squibb: Nivolumab/BMS-936558 (anti-PD-1 mAb)
  • CureTech/Teva: Pidilizumab/CT-011 (anti-PD-1 mAb)
  • Roche/Genentech: MPDL3280A (anti-PD-L1 mAb)
  • Medimmune/AstraZeneca: MEDI4736 (anti-PD-L1 mAb).
  • Amplimmune/GlaxoSmithKline: AMP-224 (PD-L2-IgG1 Fc fusion protein).
CTLA-4
  • Bristol-Myers Squibb: Ipilimumab/Yervoy® (anti-CTLA-4 mAb)
  • Medimmune/Pfizer: Tremelimumab/CP-675-206 (anti-CTLA-4 mAb)
Tumor Growth & Metastasis
Hepatocyte growth factor (HGF) & Receptor (Met):
  • Amgen: Rilotumumab/AMG 102 (anti-HGF mAb)
  • Genentech/Roche: Onartuzumab/OA-5D (anti-Met mAb)
  • Aveo: Ficlatuzumab/AV-299 (anti-HGF mAb)
  • Amgen: AMG 337 (MET TKI)
  • Eli Lilly: LY-2875358 (anti-Met mAb).
  • ArQule: Tivantinib/ARQ 197 (MET TKI)
  • Novartis/Incyte: INCB28060/INC280 (MET TKI)
Fibroblast growth factor (FGF)
  • Novarits: Dovitinib/TK1285 (FGFR, VEGFR & PDGF TKI)
B-raf
  • GlaxoSmithKline: Tafinlar™/Dabrafenib (B-raf kinase inhibitor)
  • Genentech: Zelboraf®/Vemurafenib (B-raf kinase inhibitor)
Epidermal Growth Factor Receptor (EGFR)
  • Genentech: Tarceva®/Erlotinib (EGFR TKI)
  • Bristol-Myers Squibb & Eli Lilly: Cetuximab/Erbitux (anti-EGFR mAb)
  • Amgen: Vectitbix/Panitumumab (anti-EGFR mAb)
  • Boehringer Ingelheim: Gilotrif™/Afatinib (EGFR/HER2 TKI)
HER2
  • Genentech: Herceptin®/Trastuzumab (anti-HER2 mAb)
  • Genentech: Kadcyla®/Ado-trastuzumab emtansine (anti-HER2 mAb linked to DM1 drug)
  • Genentech: Perjeta®/Pertuzimab (anti-HER2 mAb)
  • GlaxoSmithKline: Tykerb/Lapatinib (dual TKI against HER2 and EGFR)
CD20
  • Biogen Idec & Genentech: Rituxan®/Rituximab (anti-CD20 mAb)
  • GlaxoSmithKline: Arzerra™/Ofatumumab (anti-CD20 mAb)
  • Genentech: Gazyva™/Obinutuzumab (anti-CD20 mAb)
Drug Resistance
P-glycoprotein
  • Novartis: Valspodar/PSC-833 (P-glycoprotein inhibitor).
Tumor Angiogenesis
Vascular endothelial growth factor (VEGF) & Receptor (VEGFR):
  • Genentech/Roche: Avastin®/Bevacizumab (anti-VEGF mAb)
  • Eli Lilly: Cyramza™ /Ramucirumab (anti-VEGFR2 mAb)
  • Exelixis/GlaxoSmithKline: Foretnib/XL880/GSK1363089 (MET/VEGFR2 inhibitor).
  • Sanofi & Regeneron: Zaltrap®/Ziv-Afibercept (VEGFR1/2 IgG1 Fc fusion protein)
Although this list of pharmaceutical targets and drugs is by no means all-inclusive, it highlights the broad scope of cancer's cellular pathways that can be addressed individually or in combination. While small molecule therapies are widely used against cancer, complicating factors include the development of resistance and debilitating side effects in response to these agents. Given that cancer exosomes have been reported to transport these pharmaceutical targets, therapeutic hemofiltration of exosomes offers significant clinical potential, whereby the tumor's complement of disease-mediating particles can be diminished simultaneously without additive drug toxicities or interaction risks to the patient.
About Aethlon Medical, Inc.
Aethlon Medical creates innovative medical devices to address life-threatening diseases. The Aethlon ADAPT™ (Adaptive Dialysis-like Affinity Platform Technology) establishes the basis for a new class of therapeutics that target the rapid elimination of disease enabling particles from the circulatory system of treated patients. The lead Aethlon ADAPT™ product is the Hemopurifier®, a device that addresses a broad-spectrum of viral pathogens as well as tumorsecreted exosomes that suppress the immune system of cancer patients. Aethlon is also operating under two government contracts with the Defense Advanced Research Projects Agency (DARPA) related the development of a medical device to reduce the incidence of sepsis. Exosome Sciences, Inc. is a majority owned Aethlon subsidiary that is advancing exosome-based strategies to diagnose and monitor cancer and infectious disease progression. Additional information can be found at www.AethlonMedical.com
Certain statements herein may be forward-looking and involve risks and uncertainties. Such forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Aethlon Medical, Inc. to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such potential risks and uncertainties include, without limitation, that the ESI will not be able to commercialize its future products, that the FDA will not approve the initiation of the Company's existing or future clinical programs or provide market clearance of the company's products, future human studies whether revenue or non-revenue generating of the Aethlon ADAPT™ system or the Aethlon Hemopurifier® as an adjunct therapy to improve patient responsiveness to established cancer or hepatitis C therapies or as a standalone cancer or hepatitis C therapy, the Company's ability to raise capital when needed, the Company's ability to complete the development of its planned products, the Company's ability to manufacture its products either internally or through outside companies and provide its services, the impact of government regulations, patent protection on the Company's proprietary technology, the ability of the Company to meet the milestones contemplated in the DARPA contract, product liability exposure, uncertainty of market acceptance, competition, technological change, and other risk factors. In such instances, actual results could differ materially as a result of a variety of factors, including the risks associated with the effect of changing economic conditions and other risk factors detailed in the Company's Securities and Exchange Commission filings. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Contacts:
James A. Joyce
Chairman and CEO
858.459.7800 x301
jj@aethlonmedical.com
Jim Frakes
Chief Financial Officer
858.459.7800 x300
jfrakes@aethlonmedical.com
Marc Robins
877.276.2467
mr@aethlonmedical.com
Published at Investorideas.com newswire
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar

Breaking Tech News: Olivia Culpo, Former Miss Universe 2012, to Attend NXT-ID's (OTCQB: NXTD) Corporate Event for Wocket™ Smart Wallet at The Plaza Hotel on May 28th, 2014 New York City

SHELTON, CT - May 14, 2014 (Investorideas.com Newswire) NXT-ID, Inc. (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, announces Olivia Culpo, former Miss Universe , Miss USA and Miss Rhode Island, will be the featured celebrity guest attending the first corporate launch event and press conference for its next generation, biometrically secure smart wallet, Wocket™.

The event will take place in New York City on May 28th at the Plaza Hotel from 3:00- 5:00 p.m.
The event will give consumers and media a first-hand look at the Wocket™ Smart Wallet, the Wocket™ Card, its new logo and brand images, new consumer video and new packaging. Following the event, consumers will be able to pre-order Wocket™ online by visiting: http://www.wocketwallet.com/.
The Wocket™ has recently been featured in online media, radio and television. On Friday May 9th on Channel 3, Eyewitness News (WFSB) in CT, CEO Gino Pereira gave viewers an inside look at how the Wocket™ becomes your own personal vault for securing your identity and your payment information.
Watch the full video: http://www.wfsb.com/story/25478720/wocket-smart-wallet-stores-information-for-hundreds-of-credit-and-gift-cards
The Company also announced earlier this week that the first CNBC advertisements will air on Squawk Box, Squawk on the Street and Street Signs beginning Wednesday, May 14th, 2014. Wocket™ is a next generation smart wallet designed to protect your identity and replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.
The Wocket product FAQ is available to consumers and media at http://www.wocketwallet.com/
The PLAZA May 28th event is limited to one hundred attendees consisting of media and shareholders. To attend please send requests to info@nxt-id.com or call 800 665 0411.
About Olivia Culpo:
Olivia Culpo was crowned Miss Universe 2012. She was the first American representative in 15 years to win the title. Earlier that year, representing the State of Rhode Island, Culpo also won the title of Miss USA.
About NXT- ID Inc. - Mobile Security for a Mobile World
NXT-ID, Inc.'s (OTCQB: NXTD) innovative MobileBio™ solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio™ suite of biometric solutions that secure consumers' mobile platforms led by the Wocket™ ; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.thewocket.com/, http://www.wocketwallet.com/
NXT-ID' wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/
Forward-Looking Statements for NXT-ID
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward- looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
Contact:
Investor Inquiries:
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
ksmith@proactivecapital.com
Media: 800 665-0411

Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: November 2013: Investorideas is compensated by NXTD: five thousand per month for news publication and syndication and is long 144 shares from previous service. More info: http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Tuesday, May 13, 2014

Stevia / LOHAS Stock Alert: GLG Life Tech Corporation (TSX: GLG) (OTC: GLGLF) Announces First Quarter 2014 Financial Results

Vancouver, B.C. - May 13, 2014 (Investorideas.com Newswire) GLG Life Tech Corporation (TSX: GLG) (OTC: GLGLF) ("GLG" or the "Company"), a vertically-integrated leader in the agricultural and commercial development of high-quality stevia and other natural sweeteners, announces financial results for the quarter ended March 31, 2014.

2014 FIRST QUARTER HIGHLIGHTS
New sales strategy delivers Top Line Sales Growth
Revenue for the three months ended March 31, 2014, was $4.7 million, an increase of 44% compared to $3.2 million in stevia-related revenue for the same period last year. We achieved this increase primarily by pursuing sales of higher purity stevia extracts to international customers that generate monthly recurring revenues. This focus was consistent with our strategy of moving away from sales of lower purity stevia extract sales to other China-based stevia providers, in favor of international sales of our higher purity products. As a result, international sales contributed to 48% of Q1 2014 revenues, compared to only 23% in the first quarter 2013, and international sales more than doubled year over year.
Other sales growth initiatives in 2014 include the introduction of the Company's second zero calorie natural sweetener -- Luo Han Guo or "Monkfruit" -- and the sale of other natural ingredients complementary to stevia (our GLG Naturals+ line of products). There were no sales of Luo Han Guo or GLG Naturals+ products in the first quarter 2014; however, Luo Han Guo production is expected to commence in the fourth quarter of 2014, following the next harvest, and sales of GLG Naturals+ ingredients are expected to commence in the second quarter of 2014. Additionally, the Company recently announced its launch of a new line of stevia sweeteners -- organipureTM. Along with the clean finish and rounded sweetness of our usual high-quality GLG stevia extracts, the organipureTM products carry organic certifications recognized in both North America and Europe.
Cash-based SG&A expenses flat in Q1 2014 compared to Q1 2013
Cash based selling, general and administration expenses were flat at $1.3 million for the three months ended March 31, 2014, compared to the comparable period in 2013.
Non-cash-based SG&A expenses up in Q1 2014 compared to Q1 2013
Non-cash-based selling, general and administration expenses for stock-based compensation and amortization charges increased to $0.6 million for the three months ended March 31, 2014, from $0.3 million in 2013.
Other expenses were up in the first quarter of 2014 due to appreciation of US Dollar relative to the Canadian Dollar
Other expenses for the three months ended March 31, 2014, was $2.4 million, a $0.9 million or 59% increase compared to $1.5 million for the same period in 2013. Other expense increases are driven by the appreciation of the USD against the Canadian dollar during the quarter, which drove a net increase on foreign exchange losses between the two periods of $0.8 million.
33% increase in net loss in Q1 2014 driven primarily by appreciation of US Dollar relative to the Canadian Dollar
For the three months ended March 31, 2014, the Company had a net loss attributable to the Company of $5.0 million compared to a net loss of $3.7 million for same period in 2013.
Non-GAAP Financial Measures
Gross Profit (Loss) before capacity charges
This non-GAAP financial measure shows the gross profit (loss) before the impact of idle capacity charges are reflected on the gross profit margin. GLG had only 50% of its production facilities in operation in the first quarter of 2014 and idle capacity charges have a material impact on the gross profit (loss) line in the financial statements.
Gross Profit (Loss) before capacity charges for the three months ended March 31, 2014, was $0.9 million or 19% of first quarter revenues, compared to $1.1 million or 33% of first quarter revenues for the same period in 2013.
Improvement in Earnings before Interest Taxes and Depreciation ("EBITDA") and EBITDA Margin achieved in the first quarter of 2014 compared to 2013
EBITDA for the quarter ended March 31, 2014, was negative $1.3 million or negative 28% of revenues, compared to negative $1.2 million or negative 37% of revenues for the same period in 2013.
Financial Resources
Investorideas.com Newswire The Company decreased its cash position by $1.7 million as at March 31, 2014, from the start of the year. The Company has a working capital deficit of $33.6 million as of March 31, 2014, compared to a working capital deficit of $29.4 million for the period ending December 31, 2013. The negative working capital has been driven by the total of $46.5 million of inventory impairment charges recognized since the year ended December 31, 2011. The Company has pursued the following actions to manage this situation since 2013. The Company has reduced short-term by loans refinancing with longer term debt from banks and through loans from its Chairman. The Company has also reduced accounts payable and negotiated with its creditors on extended payment terms.
Results from Operations
The following results from operations have been derived from and should be read in conjunction with the Company's annual consolidated financial statements for 2013 and the condensed interim consolidated financial statements for the three-month period ended March 31, 2014.
Investorideas.com Newswire For further information of the Company's financial performance for the quarter ended March 31, 2014, please see the Company's interim financial statements for the quarter ended March 31, 2014, and the Company's Management Discussion and Analysis for the quarter ended March 31, 2014.
Sales Outlook
The Company plans to focus on four key components to expand its sales in 2014.
1. Continued focus on increasing its international customers of high-purity stevia extracts.
2. Focus on developing Chinese market through its partnership with COFCO.
The Company currently has a number of formulation projects underway with COFCO NHRI and a number of COFCO's key subsidiaries.
3. Expansion of natural sweetener product line to include Luo Han Guo ("LHG") (Chinese Monk Fruit) in 2014.
The Company is currently working with key customers for LHG and expects to be in production in the fourth quarter of 2014, after the harvest of its first fruit. The Company continues to prepare all aspects of its operations for the formal launch of its production including agriculture, regulatory filings and production preparation. The Company plans on utilizing its currently idle plants to produce Luo Han Guo.
4. Sales of other complimentary natural ingredients through its GLG Naturals+ product line in 2014.
The Company is currently quoting a number of these products to existing and new potential customers and expects this product-line to be generating revenues in 2014.
Agriculture Outlook
The Company has arranged planting of its H3 Leaf in China in 2014. Analysis of its H3 and H4 leaf compared to other competitors' leaf available in China clearly shows GLG's lead in providing a seed that generates a significant amount of steviol glycosides in the leaf (13 to 15% range), a high percentage of Rebaudioside A (65 to 70% range) and a larger weight per acre planted than any other varieties available in China. The weight per acre is a key metric of interest to farmers in China who are evaluating whether to grow our stevia leaf versus other alternative crops or competing stevia seedlings.
The Company is also pleased to report on the success of its non-GMO hybrid breeding program which has resulted in a number of new strains that it plans to develop, which have individual advantages such as:
  • higher amounts of total steviol glycosides and higher amounts of Rebaudioside A.
  • higher amounts of targeted glycosides such as Rebaudioside C, Rebaudioside D and Rebaudioside M. The Company has seen some new seedling varieties with double to triple the amount of these strategic glycosides.
  • The Company will continue on to the next step to bring these proprietary seedlings to the next stage of development and expects availability for planting within the next 3 to 5 years.
The Company is of the view that the Consumer's preference will always be "naturally sourced from a stevia leaf" glycosides compared to those originating from a different process such as fermentation.
Contact:
Stuart Wooldridge, Investor Relations
Phone: +1 (604) 669-2602 ext. 104
Fax: +1 (604) 662-8858
Email: ir@glglifetech.com
About GLG Life Tech Corporation
GLG Life Tech Corporation is a global leader in the supply of high purity stevia extracts, an all-natural zero-calorie sweetener used in food and beverages. The Company's vertically integrated operations cover each step in the stevia supply chain including non-GMO stevia seed breeding, natural propagation, stevia leaf growth and harvest, proprietary extraction and refining, marketing and distribution of finished product. For further information, please visit www.glglifetech.com.
Forward-looking statements: This press release contains certain information that may constitute "forward-looking statements" and "forward looking information" (collectively, "forward-looking statements") within the meaning of applicable securities laws. Such forward-looking statements include, without limitation, statements evaluating the market, potential demand for stevia and general economic conditions and discussing future-oriented costs and expenditures. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes" or variations of such words and phrases or words and phrases that state or indicate that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.
While the Company has based these forward-looking statements on its current expectations about future events, the statements are not guarantees of the Company's future performance and are subject to risks, uncertainties, assumptions and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Such factors include amongst others the effects of general economic conditions, consumer demand for our products and new orders from our customers and distributors, changing foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiations, industry supply levels, competitive pricing pressures and misjudgments in the course of preparing forward-looking statements. Specific reference is made to the risks set forth under the heading "Risk Factors" in the Company's Annual Information Form for the financial year ended December 31, 2012. In light of these factors, the forward-looking events discussed in this press release might not occur.
Further, although the Company has attempted to identify factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
As there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements, readers should not place undue reliance on forward-looking statements.
Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers Disclosure: GLG Life Tech Corporation (TSX: GLG) April 9th 2014 - two months news and content publication , two thousand five hundred per month. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Monday, May 12, 2014

Biotech News Alert: Sunshine Biopharma (OTCQB: SBFM) ANNOUNCES ISSUANCE OF NOTICE OF ALLOWANCE FOR THE PATENT APPLICATION COVERING Adva-27a ANTICANCER COMPOUND IN CANADA

MONTREAL, QC - May 12, 2014 (Investorideas.com Biotech Newswire) Sunshine Biopharma, Inc. (OTCQB: SBFM), a pharmaceutical company focused on the research, development and commercialization of drugs for the treatment of various forms of cancer today announced that a “Notice of Allowance” for the patent application covering its lead antitumor compound, Adva-27a, has recently been issued in Canada. The allowed claims in Canada are nearly identical to those already issued in the United States where Sunshine Biopharma is the exclusive licensee. Sunshine Biopharma has previously announced preclinical results showing that Adva-27a has excellent pharmacokinetics profile in rats and remarkable cytotoxic activity against a variety of multidrug resistant cancer cells including breast cancer cells and pancreatic cancer cells. Adva-27a appears to be unique in its ability to destroy multidrug resistant cancer cells. Sunshine Biopharma is moving forward with the next steps in the development of Adva-27a which include GMP manufacturing, IND-enabling studies and Phase I clinical trials.

“Allowance of the Adva-27a patent application in Canada constitutes yet another stamp of approval for the validity and innovative aspects of Adva-27a ,” said Dr. Steve N. Slilaty, Chief Executive Officer of Sunshine Biopharma. “We are very excited about moving our Adva-27a to the next stage of development and the prospects of it becoming a new weapon in the battle against cancer.”
About Adva-27a
Adva-27a is Sunshine Biopharma's lead anticancer compound, a small molecule that has recently been shown to be effective at killing multidrug resistant breast cancer cells, small-cell lung cancer cells, uterine sarcoma cells and pancreatic cancer cells (Published in ANTICANCER RESEARCH, Volume 32, Pages 4423-4432, October 2012). Adva-27a is currently in the IND-Enabling stage of development. The original U.S. patent covering Adva-27a was issued on August 7, 2012 under U.S. patent number 8,236,935. The Company is planning a Phase I clinical trial of Adva-27a for pancreatic cancer in parallel to the Phase I clinical trial of Adva-27a for multidrug resistant breast cancer to be conducted at McGill University's Jewish General Hospital in Montreal (Canada).
Safe Harbor Forward-Looking Statements
To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.
Contact:
For Additional Information
Camille Sebaaly
CFO
Sunshine Biopharma, Inc.
Direct Line: 514-814-0464
camille.sebaaly@sunshinebiopharma.com
www.sunshinebiopharma.com
Disclaimer/ Disclosure:The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: SBFM has renewed effective December 3,2013 with Investorideas for six months of news publication and general public awareness of the company news and technologies and products in the biopharma markets ( one hundred thousand shares of 144 stock per 3 month period for a total of six months ) More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Breaking Tech News: CNBC Ad Campaign for NXT-ID's (OTCQB: NXTD) Next Generation Smart Wallet, Wocket™, to Begin May 14th

SHELTON, CT - May 12, 2014 (Investorideas.com Newswire) NXT-ID, Inc. (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, is pleased to announce that the first series of 30 second spots on CNBC for its next generation smart wallet, Wocket™ , will start airing May 14th. The ads will air on Squawk Box, Squawk on the Street and Street Signs.
The "Get to know Wocket™ " ad campaign is part of a comprehensive marketing roll- out including the May 28th press conference and marketing event to be held at the Plaza Hotel in New York City ( 3:00 - 5:00 PM ). Advance ordering for Wocket™ will start at 5:00 pm May 28th at http://www.wocketwallet.com/.
Dates and Times (times estimated)
CNBC 5/14/201407:54 aSQUAWK BOX
CNBC 5/14/201410:26 aSQUAWK ON THE STREET
CNBC 5/14/2014 02:20 pSTREET SIGNS
CNBC 5/15/2014 07:39 aSQUAWK BOX
CNBC 5/15/201410:18 aSQUAWK ON THE STREET
CNBC 5/15/201402:45 pSTREET SIGNS
CNBC 5/16/201410:19 aSQUAWK ON THE STREET
CNBC 5/16/201402:09 pSTREET SIGNS
Wocket™ is a smart wallet, the next evolution following the smart phone and smart watch. NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices. Wocket™ is a next generation smart wallet designed to protect your identity and replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.

Credit, debit, ATM, loyalty, gift, ID, membership, insurance, ticket, emergency, medical, business, contacts, coupon, and virtually any card can be protected on Wocket™. More than 10,000 cards, records, coupons, etc. and 100 voice commands can also be stored on Wocket™.
Media and shareholders wishing to attend the May 28th marketing and press conference event can email info@nxt-id.com or call 800 665 0411.
The full Wocket product FAQ is available to consumers and media at http://nxt-id.com/wocket-faq/
About NXT- ID Inc. - Mobile Security for a Mobile World
NXT-ID, Inc.'s (OTCQB: NXTD) innovative MobileBio™ solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio™ suite of biometric solutions that secure consumers' mobile platforms led by the Wocket™ ; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.thewocket.com/, http://www.wocketwallet.com/
NXT-ID' wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/
Forward-Looking Statements for NXT-ID
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward- looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
Contact:
Investor Inquiries:
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
ksmith@proactivecapital.com
Media: 800 665-0411

Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: November 2013: Investorideas is compensated by NXTD: five thousand per month for news publication and syndication and is long 144 shares from previous service. More info: http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.