Mortgage Rates Top Four Percent

MCLEAN, VA FMCC, (Marketwired Dec 31, 2015) Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates moving higher with the 30-year fixed-rate mortgage breaking above four percent for the first time in five months. News Facts 30-year fixed-rate mortgage (FRM) averaged 4.01 percent with an average 0.6 point for the week ending December 31, 2015, up from last week when it averaged 3.96 percent. A year ago at this time, the 30-year FRM averaged 3.87 percent. 15-year FRM this week averaged 3.24 percent with an average 0.6 point, up from 3.22 percent last week. A year ago at this time, the 15-year FRM averaged 3.15 percent. 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.08 percent this week with an average 0.4 point, up from last week when it averaged 3.06 percent. A year ago, the 5-year ARM averaged 3.01 percent. 1-year Treasury-indexed ARM averaged 2.68 percent this week with an average 0
http://bit.ly/1Rbn6yv

Ener-Core Signs Definitive Agreements for Private Placement Transaction

Dec 31, 2015, ENCR OTC Disclosure & News Service-Ener-Core, Inc. (“Ener-Core”) (OTCQB:ENCR), a provider of commercialized Power Oxidation technology and equipment that generates clean power from low-quality waste gases and is deployable in a wide variety of industries, today announced that it entered into definitive agreements on December 30, 2015, with certain institutional and other accredited investors for a private placement of 625,000 shares of common stock at a price of $4.00 per share and five-year warrants to purchase up to an additional 312,500 shares of common stock at an exercise price of $5.00 per share for an aggregate offering amount of $2.5 million, before deducting placement agent commissions. As part of the terms of the private placement, the Company has agreed to file a registration statement to register for resale the shares of common stock and the shares underlying the warrants issued in the private placement. The private placement is expected to close on or ab
http://bit.ly/1PzpxJC

Orbital Tracking Corp. Completes $1.1 Million Private Placement

AVENTURA, FL TRKK, (Marketwired December 30, 2015) Orbital Tracking Corp. (OTC PINK: TRKK) (the Company ) announced today that it has raised $1.1 million in two private placements with new and existing institutional shareholders. The Company sold an aggregate of 1,100,000 shares of Series F Preferred Stock for an aggregate purchase price of $550,000 and an aggregate of $605,000 in principal amount of original issue discount convertible notes due December 28, 2017 for an aggregate purchase price of $550,000. The Company intends to utilize the majority of the proceeds of this capital raise to fund continued expansion in North America and new international markets in Asia, as well as commence production and manufacturing of its new line of Company-branded dual-mode asset tracking products ahead of expected product sales in early 2016. Chardan Capital Markets, LLC, acted as the sole placement agent in connection with the offering. We are pleased to have completed this important round of f
http://bit.ly/1Pzpw8w

Icahn Enterprises to Acquire Pep Boys

Pep Boys Shareholders to Receive $18.50 per Share in Cash NEW YORK and PHILADELPHIA, Dec. 30, 2015, IEP, PBY, /PRNewswire/ Icahn Enterprises L.P. ( Icahn Enterprises ; NASDAQ: IEP) and The Pep Boys – Manny, Moe & Jack ( Pep Boys ; NYSE: PBY) today announced that they have entered into a definitive merger agreement under which a subsidiary of Icahn Enterprises will acquire Pep Boys, one of the nation s leading automotive aftermarket service and retail chains, in an all-cash transaction for $18.50 per share, or approximately $1.031 billion in aggregate equity value. The merger agreement has been unanimously approved by the Boards of Directors of both companies. Pep Boys, headquartered in Philadelphia, has been one of the nation s leading automotive aftermarket chains since 1921. From more than 800 locations in 35 states and Puerto Rico, Pep Boys offers tires, maintenance and repair and parts and accessories. This was a terrific opportunity to leverage the financial resources and indus
http://bit.ly/1QZqjmh

ATHI ANNOUNCES REVERSE STOCK SPLIT

LITTLETON, COLORADO, DECEMBER 30, 2015, ATHI /PRNewswire/ North Springs Resources Corp. (OTCPINK: ATHI) North Springs Resources Corp. (the Company ) today announced that it has completed a 1-for-10,000 reverse stock split of its issued and outstanding shares of common stock. The reverse stock split became effective on December 28, 2015. The current stock symbol has a “D” placed on it (ATHID) but after 20 trading days, the symbol will revert back to ATHI. As a result of the reverse stock split the current shares outstanding of the Company are 93,849. The Company plans to broaden its product and service offerings and is currently seeking partners in its industries. About American Transportation Holdings, Inc. 
 The Company specializes in the creation and production of cloud-based games and applications that are accessible to large numbers of competing players irrespective of their geographic location, connection type (Wi-Fi, cell network) or access platform (pc, IOS, Android, soci
http://bit.ly/1R8aUyr

Immune Therapeutics Adds Experienced New Board Member Saiid Zarrabian

ORLANDO, FL, IMUN, / ACCESSWIRE / Immune Therapeutics, Inc., a U.S. public company (OTCQB: IMUN), announces the appointment of Saiid Zarrabian as Immune s newest board member. Immune is pleased to add Mr. Zarrabian s 37 years of experience in biotechnology, pharmaceutical, informatics, software and instrumentation/hardware industries to its team. Most recently, Mr. Zarrabian was founding Chairman at La Jolla Pharmaceutical after it was reorganized with new funding, new management team & new products in early 2012. From 2012 to 2013, he was President of the Protein Production Division and Senior Vice President of Intrexon, Inc., a synthetic biology company. From 2010 through 2012, he was President and Chief Executive Officer of Cyntellect, Inc., an instrumentation company with stem cell processing and cell visualization products. Mr. Zarrabian also served as President and Chief Operating Officer of Senomyx, Inc., a public biotechnology company focused on the discovery and commercializa
http://bit.ly/1R8aSqz

Jericho Oil to Raise $6.929 Million in Private Placement

Proceeds to Be Used for Acquisition of Producing Wells and Prospective Acreage in Central Oklahoma VANCOUVER, BC JROOF, JCO, (Marketwired December 29, 2015) Jericho Oil Corporation ( Jericho ) (TSX VENTURE: JCO)(OTCQX: JROOF), is proceeding with a non-brokered private placement (the Offering ) of approximately 17,323,610 units at a price of $0.40 per unit to raise total gross proceeds of approximately $6.929 million. Each unit will be comprised of one common share (a Share ) and one half warrant (a Warrant ) with each full Warrant being exercisable into one additional Share at a price of $0.60 per Share for a period of two years from closing. Proceeds of the Offering will be used immediately towards the acquisition of producing wells and prospective acreage in central Oklahoma, outlined by the Company in news releases on October 19, 2015 and November 23, 2015. No finders fees or commissions are being paid in connection with the Offering. Closing of the Offering is subject to final TSX
http://bit.ly/1R8aSqv

The Community Financial Corporation Announces Quarterly Cash Dividend

WALDORF, Md., Dec. 29, 2015, TCFC, /PRNewswire/ The Community Financial Corporation (NASDAQ: TCFC) (the Company ) announced today that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of common stock. The dividend will be paid on or about January 20, 2016 to stockholders of record as of the close of business on January 8, 2016. The Community Financial Corporation is the bank holding company for Community Bank of the Chesapeake, which conducts business through its main office in Waldorf, Maryland, and eleven branch offices in Bryans Road, California, Charlotte Hall, Dunkirk, La Plata, Leonardtown, Lusby, Prince Frederick and Waldorf, Maryland and Fredericksburg and King George, Virginia. Forward-looking Statements This news release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements can generally be identified by the fact that they do not relate strictly to historical or current facts. They of
http://bit.ly/1YQKdz7

Blue Sphere Completes Financing

US$3,000,000 Debt Financing to Enhance Working Capital Position CHARLOTTE, NC BLSP,(Marketwired Dec 29, 2015) Blue Sphere Corp. (OTCQB: BLSP) (the Company or Blue Sphere ), a clean energy company that acquires, develops, manages and owns waste-to-energy projects globally, announced today that on December 23, 2015 the Company closed on a debt financing round of US$3,000,000 consisting of the Company s Notes and warrants to purchase shares of Common Stock. The Notes sold in the financing have a face value of $3,000,000 and after commissions and selling expenses, the Company received net proceeds of $2,672,000. The Company worked with Maxim Group, LLC, a New York based investment banking firm to offer and sell the Notes. The proceeds of the financing will be used for general business activities. This financing at the corporate level will allow the Company to further focus on its pipeline of acquisition targets in Italy as well as further develop opportunities in the United States. Blue S
http://bit.ly/1mgC8bd

Optibase Ltd. Announces $12,900,000 Investment In 300 South Riverside Plaza Office Tower In Chicago

HERZLIYA, Israel, Dec. 29, 2015, OBAS, /PRNewswire/ Optibase Ltd. (NASDAQ: OBAS) (the Company or Optibase ) today announced that its wholly owned Delaware subsidiary, Optibase Chicago 300 LLC, completed an investment in 300 River Holdings, LLC, (the Joint Venture Company ) which beneficially owns the rights to a 23-story Class A office building located at 300 South Riverside Plaza in Chicago (the Property ) under a 99 year ground lease expiring in 2114. Optibase invested $12,900,000 in exchange for a thirty percent (30%) interest in the Joint Venture Company. The remaining seventy percent (70%) of the Joint Venture Company is owned by 300 River Plaza One LLC which is controlled by the U.S. real estate company Third Millennium Group. As a part of the Transaction, WKEM Riverside Member LLC, an existing member of the Joint Venture Company, redeemed all of its 30% interest in the Company. In addition, the Joint Venture Company executed promissory notes in the aggregate amount of $60,000,0
http://bit.ly/1mgCaQv