Four Stocks Making Headlines on Wednesday June 29, 2016

CORAL GABLES, FL / ACCESSWIRE / June 29, 2016 / TechStockInsider.com is issuing a report on four stocks to watch. LifeClips Inc. (OTCQB: LCLP), Galena Biopharma, Inc. (NASDAQ: GALE), Towerstream Corporation (NASDAQ: TWER), and MGT Capital, Inc. (NYSE MKT: MGT) have been added to our watch list today. Continue reading to find out why. – To get daily alerts on top stocks and tech stocks on the OTC, Nasdaq and NYSE subscribe to our newsletter at TechStockInsider.com.

LifeClips Inc. (OTCQB: LCLP) made one of its biggest updates this month and revealed the company’s current list of retailers included for the soft launch of its Mobeego® single use charging device. Outlets include B & H Photo Video in New York City as well as several outlets in MGM properties in Las Vegas, NV. “Welcome to the U.S.A Mobeego®!,” said CEO Bob Gruder. “I would like to thank our shareholders, distributors & our entire team for making this possible. Mobeego® is a revenue producing, recognizable brand in 14 different countries & it’s time the United States gets its fair share of the pie.”

The Mobeego® soft launch is a limited distribution release within the U.S. ahead of the products full distribution release in July 2016. The latest series of news fro m LCLP has seen a positive reaction in the market as share prices have climbed from roughly $0.45 a few weeks ago to highs of $0.64 during today’s (6/29) trading session. This has marked a turn-around in the stock by more than 40%. You Can View LCLP’s News Here.

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Galena Biopharma, Inc. (NASDAQ: GALE) has made headlines this morning but not for the same positive response that other stocks typically see when they release news. Today the company announced that its PRESENT trial be stopped due to futility. “We are extremely disappointed with the outcome of the PRESENT futility analysis,” said Mark W. Schwartz, Ph.D., President and Chief Executive Officer. “On behalf of our entire company, I would like to thank all of the courageous patients and their families, investigators, study staff and independent committees who participated in the PRESENT study. To date, the trial has not been un-blinded other than by the IDMC, and we need to evaluate the data. We expect to host a conference call next week to provide a preliminary review of the PRESENT trial and an update on all of our immunotherapy and hematology clinical development programs.”

Shares of GALE have tumbled to lows of $0.275 during the first half of the trading day and represented a drop in share price by more than 80% from the previous close on Tuesday. Get more information on GALE now, Click Here.

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Towerstream Corporation (NASDAQ: TWER) announced last week that it entered into agreements with accredited investors to purchase $2,280,000 of the Company’s common stock in a registered direct offering. According to the release, 15,000,000 shares of common stock at a purchase price of $0.152 per share. On top of this, each purchaser will receive one 5 year warrant exercisable at $0.25 per share for each share of common stock purchased.

On Tuesday, shares of TWER hit lows of $0.1401 but have since rallied back and on trading volume that is well above average. At the time of this article being written TWER has been up by more than 35%. The stock hit highs of $0.19 during the morning trading session. Get More Information on TWER Now!

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MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that it has hired the development team of E-Tagged in order to commercialize the E-Tagged mobile device tracking technology. E-Tagged is a cyber security product designed to alert and detect the identity of approaching individuals or motor vehicles by utilizing a proprietary technology that analyzes the radio signals broadcast by cell phones.

The employment agreement between the member at E-Tagged, Robert Rogers and Joshua Kowalchuk, will allow MGT to assume control over the E-Tagged technology and ownership of the IP developed. This news has ignited a bullish reaction in the market to send the stock to highs of nearly $4. You can view more information on MGT Here.

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Disclosure: The information, opinions and analysis contained in this report are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We do not accept any responsibility or liability for any losses, damages or costs arising from an investor’s or other person’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities, nor a recommendation of any security. Past gains are not representative of future gains. MIDAM VENTURES, LLC owner and operator of TechStockInsider.com was paid an advertising fee of $150,000 cash & ZERO Restricted Common shares by Life Clips, Inc. (LCLP) for visual sponsorship of TechStockInsider.com and for visual placement Life Clips, Inc. (LCLP) within written materials. FOR A DURATION OF 6 MONTHS Beginning 5/4/2016. & ending 11/3/2016. Since the start of this campaign MIDAM Ventures LLC. Tech Stock Insider has not been compensated nor does it expect to receive any compensation for distribution of its opinions and publicly available information regarding GALE, MGT, or TWER in this investment opinion article at this time. The opinions contained herein contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. When used herein, the words “anticipate,” “intend,” “estimate,” “believe,” “expect,” “plans,” “should,” “potential,” “forecast,” and variations of such words and similar expressions are intended to identify forward-looking statements. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. A company’s actual results could differ materially from those described in any forward-looking statements contained herein. Tech Stock Insider is not a licensed broker, broker dealer, market maker, investment advisor, analyst or underwriter. We recommend that you use the information found herein as an initial starting point for conducting your own research in order to determine your own personal opinion of the companies discussed herein before deciding whether or not to invest. You should seek such investment, tax, financial, accounting or legal advice appropriate for your particular circumstances. Information about many publicly traded companies and other investor resources can be found at www.sec.gov. Investing in securities is speculative and carries risk. Please visit http://techstockinsider.com/content/terms-and-conditions-use/ website for a more detailed discussion of risks and disclosures.

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