Stocks with Key Influences on the Horizon and New Coverage in the Mobile Tech Space

On January 24, Liquidmetal Technologies Inc. (OTCBB: LQMT) announced that it has purchased a new manufacturing facility in Lake Forest in California. The facility has 41,000 sq. ft. and was acquired at a cost of around $ 7.8 million. Financial results for FY 2016, showed $ 480,000 in revenue and restricted cash grew to $ 58.9 million. Fannie Mae (OTCQB: FNMA) shares rose in late 2016, after Treasury Secretary Steven Mnuchin announced that the new administration plans to remove FNMA from government control, but the Senate Banking Committee does not have this as a priority. After the decision on February 21, 2017 In the DC Circuit Court of Appeals in Perry, the common stock and the S series of preferred stock fell by 37% and 34% in value. OWC Pharmaceutical Research Corp (OTCBB: OWCP) has received expressions of interest from the scientific and medical communities throughout the world because of its recently announced positive preliminary clinical efficacy test results of its topical cream to treat Psoriasis. Product rating is for the topical cream is expected in the early Q3 of 2017. Cannabis Science Inc. (OTCBB: CBIS) has recorded a substantial increase in activity from its collaboration research the with Dana-Farber the study cancer therapy based on cannabis. The company’s projected new funding initiative will enable the company to kickstart start development plans encompassing an extensive CBD formulations base.

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