latest news releases from the newsroom
ADMA Biologics, Inc.
ADMA Biologics to Present at the 2015 Marcum MicroCap Conference
RAMSEY, N.J., May 22, 2015 (GLOBE NEWSWIRE) -- ADMA Biologics, Inc. (Nasdaq:ADMA), a late-stage biopharmaceutical company that develops, manufactures, and intends to market specialty plasma-based biologics for the treatment and prevention of certain infectious diseases, announced that it will present at the 2015 Marcum MicroCap Conference on May 28, 2015 in New York City at the Grand Hyatt New York.
Liquid Holdings Group, Inc.
Liquid Holdings Group Announces Receipt of NASDAQ Notification Letter Relating to Quarterly Report on Form 10-Q
NEW YORK, May 22, 2015 (GLOBE NEWSWIRE) -- Liquid Holdings Group, Inc. (Nasdaq:LIQD), a provider of cloud-based investment management solutions for the financial community, announced today that it has received a notification letter from staff of the NASDAQ Listing Qualifications Department (the "Staff"), dated May 19, 2015, stating that the Company is not in compliance with NASDAQ Listing Rule 5250(c)(1), which requires timely filing of periodic reports with the Securities and Exchange Commission (the "SEC"). The letter was issued in accordance with standard NASDAQ procedure, which provides that the Company's failure to timely file a quarterly report on Form 10-Q for the quarter ended March 31, 2015 ("Form 10-Q") could serve as a basis for the delisting of the Company's stock from the NASDAQ Global Market. The Company received a similar letter from NASDAQ when it failed to timely file its annual report on Form 10-K for the year ended December 31, 2014 (the "2014 10-K"). The Company intends to submit to the Staff a plan as to how it plans to regain compliance with NASDAQ's continued listing requirements. The NASDAQ notice specifies that this plan must be submitted by June 15, 2015. If the Staff accepts the Company's plan, it may grant an exception of up to 180 calendar days from the due date of the 2014 10-K, or until October 12, 2015, for the Company to regain compliance. If the Staff does not accept Liquid's plan, Liquid will have the opportunity to appeal that decision to a NASDAQ Hearings Panel. The NASDAQ notice has no immediate effect on the listing of Liquid's common stock on the NASDAQ Global Market.
New Western Energy Corp.
New Western Energy Cancels Agreement With Fodere Titanium Limited
IRVINE, Calif., May 22, 2015 (GLOBE NEWSWIRE) -- New Western Energy Corp. (OTCQB:NWTR), an independent energy company engaged in the acquisition, exploration, development, and production of oil, gas and other minerals in North America, today announced the cancellation of its February 19, 2015, Securities Purchase Agreement (the "SPA") entered into with Fodere Titanium Limited for the assignment of a license to a patent for a new process for the extraction of minerals from tailings in the United States (the "License) in exchange for the issuance of 5,000,000 shares of the Company's common stock (the Shares"). Neither the License nor the Shares were transferred between the parties. The parties have now agreed not to complete the transaction and on May 15, 2015, entered into a Cancellation Agreement and Mutual Releases. The Company will focus its efforts on core activities of exploring and developing oil and gas properties and wishes Fodere well with its future activities in titanium extraction.