Watch These Tech Stocks Push The Limit
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Watch These Tech Stocks Push The Limit

Thursday, February 21, 2019 1:45 PM
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CORAL GABLES, FL / ACCESSWIRE / February 21, 2019 / The future of the tech stock market is largely unpredictable, but if we analyze market conditions from the first two months of the new year and use those as an indicator of what's to come, companies in the tech industry could be headed for promising growth. Over the course of the last few years, leaders in tech have demonstrated that ideas once conceived to be content for science fiction novels are actually possible and presently available on the market. The fact that we are working out the kinks of self-driving vehicles is mind-boggling. As a result of these innovative efforts put forth by companies in the sector, investors looking for lucrative opportunities have been paying closer attention. ParcelPal Technology Inc (PTNYF) (PKG), Sequans Communications S.A. (NYSE: SQNS), Zosano Pharma Corporation (NASDAQ: ZSAN), and EnSync Inc (NYSE: ESNC) represent 4 tech stocks on the rise on Thursday.

ParcelPal Technology Inc (PTNYF) (PKG) is a technology-driven logistics company purposed with connecting consumers to the goods they love. Whereas other companies are focused on cutting costs to increase profit, ParcelPal is focused on improving the lives of their customers through an on-demand marketplace where customers can purchase what they need and have their goods delivered within an hour. The Company's on-demand delivery platform has garnered notoriety for its ease of use.

ParcelPal Technology Inc (PTNYF) (PKG), and its executive leadership team believes that parcel delivery should be as hassle-free as possible, regardless of the business. Determining what to order shouldn't be an obstacle, it should be enjoyable access to the ordering experience, and ParcelPal is there to assist the customer every step of the way.

ParcelPal Technology Inc (PTNYF) (PKG) announced towards the end of last month that the Company had formed a partnership with MADD Canada to aid in the continuous fight to prevent impaired driving. According to the announcement, MADD Canada has endorsed ParcelPal as its official delivery service in Canada. As part of the ParcelPal's national rollout campaign, advertising for ParcelPal's service will be seen across the country in various educational forms. Together, MADD Canada and ParcelPal will launch a national awareness campaign focused on educating Canadians on the dangers of impaired driving and the options they have for getting items they want or need without leaving the party.

In a press release regarding the announcement, Kelly Abbott, President, and CEO of ParcelPal Technology Inc (PTNYF) (PKG) explained that "as ParcelPal dives deeper into cannabis and alcohol delivery, we are very aware of the inherent risks associated with consumption. We take every precaution to ensure the product is not only delivered safely but will be consumed responsibly as well. Our driver training programs and our technology are designed to ensure they do not deliver to a highly intoxicated or underage person."

For More Information On ParcelPal Technology Inc, Click Here

Sequans Communications S.A. (SQNS) yesterday announced the availability of a new module compatible with Orange networks and based on Sequans' Monarch, the world's most highly-optimized LTE-M/NB-IoT chipset. Per the details of the announcement, the module is being offered as part of the Orange Live Booster Program that delivers a range of modules pre-packaged with Orange cellular connectivity to simplify the process of adding connectivity to IoT devices.

Georges Karam, Sequans CEO, commented, "Orange is making sure their IoT customers have a clear and easy path for developing IoT devices and getting them launched on Orange's networks as quickly as possible. The integrated SIM makes for a complete, out-of-the-box solution and we are excited to contribute our technology to Orange's Live Booster Program."

For More Information on Sequans Communications S.A., Click Here

Zosano Pharma Corporation (ZSAN) enjoyed impressive gains in the market on Thursday, with shares up 92.76%, trading at $4.18 per share just before noon. The Company today announced the completion of the second and final goal of the long-term safety study for Qtrypta, in which patients treated migraine attacks over a one year period. The long-term data generated in this trial reinforced the well-tolerated safety profile and strong efficacy results previously reported in the six-month dosing portion of this safety study and in the randomized Phase 2/3 ZOTRIP pivotal study.

Following the announcement, John Walker, chairman, president and CEO of Zosano, said, "we look forward to continued interactions with the FDA as we prepare to submit a New Drug Application in the fourth quarter of this year for Qtrypta. We believe Qtrypta will be an important alternative for patients whose migraine disease is not well managed with other therapies."

For More Information On Zosano Pharma Corporation, Click Here

EnSync Inc (ESNC) saw its shares shoot up 19.31% to $0.15 per share in late morning trading on Thursday. The Company's shares managed to rise despite its announcement today that they had received a deficiency letter from the NYSE American LLC informing the Company that it wasn't it compliance with the Exchange's continued listing standards as set forth in Sections 801(h), 804 and 805 of the Exchange's Company Guide.

Per the specific details of the announcement, given the fact that the Company's four independent directors resigned on February 11, 2019, the Exchange has determined the Company does not meet the requirements of Section 801(h) as it does not have (i) a board of directors consisting of at least 50% independent directors or (ii) an audit committee comprised of at least two independent members.

For More Information On EnSync Inc, Click Here

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Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. JSG Communications, LLC which owns is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release.

JSG Communications, LLC, which owns, may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. JSG Communications, LLC, which owns, may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two.

An Affiliate of JSG Communications, MIDAM VENTURES LLC has been compensated $75,000 per month for 3 months by ParcelPal Technology, Inc. for a period beginning September 1, 2018, and ending February 1, 2019, to publicly disseminate information about (PTNYF/PKG). We may buy or sell additional shares of (PTNYF/PKG) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. We own zero shares.

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