May 2017 - NetworkNewsWire

WednesdayMay 31, 2017 1:33 pm

SinglePoint, Inc. (SING) Provides Payment Infrastructure to Marijuana Retailers as Cannabis Sales Hit $1B in Colorado

Now that 29 states and the District of Columbia have legalized medical or recreational marijuana, or are on the way to doing so, the buzz in the industry is being supported with hard data. A new comprehensive report from Marijuana Business Daily (MBD) is replete with figures, charts, projections and analyses that support the upbeat ‘animal spirits’ in the industry. Titled the Marijuana Business Factbook 2017 (http://nnw.fm/L2Tnt), the paper projects that revenues from medical and recreational marijuana products will surpass $5 billion in annual sales for the first time in 2017. However, until federal statute allows, banks are unlikely to…

WednesdayMay 31, 2017 12:13 pm

ProBility Media Corp. (PBYA) eLearning Programs Offer Training to Re-Skill U.S. Workforce

A prescient report (http://nnw.fm/T19dA) from the Paris-based Organisation for Economic Cooperation and Development (OECD) lays bare the dearth of “basic” and vocational skills in the U.S. Despite a relatively high level of education, the U.S. experiences a weakness in basic skills when compared to other developed countries, according to the report. As a result, the authors of the study recommend making skills training for young adults more accessible, while linking this training to career development. This is exactly what vocational training company ProBility Media Corp. (OTC: PBYA) is doing. With its suite of training and test preparation solutions, the Texas-based…

TuesdayMay 30, 2017 4:38 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on May 30, 2017

Here is a list of stocks shaking up the markets today, with particular focus on NASDAQ and OTC small caps. The top gainers based on percentage: PTRC 20.00% – News: Discovers second oil field in Osage County, OK ESES 9.60% – News: Commences field operations in Oklahoma under one-year contract LONE 9.48% – News: Acquires oil and gas properties in the Eagle Ford Shale PME 8.50% – News: Says CEO intends to purchase at least 1M ordinary shares TOPS 7.95% – News: Acquires an additional 41% interest in Eco Seven Inc. for $6.5M MNKD 6.47% – News: Appoints new CEO…

TuesdayMay 30, 2017 4:36 pm

SinglePoint, Inc. (SING) Targeting Market Domination

Two significant acquisitions in the last three months is more than a pattern. It’s an out-right destination. This recent audio interview http://nnw.fm/8w4N9 with Greg Lambrecht, CEO of SinglePoint (OTC: SING), discusses some of the synergies and the immense opportunities that come with the company’s recent acquisition of 90% of Discount Indoor Garden Supply (“DIGS”) (www.DIGSHydro.com). These strategic accretive acquisitions position SinglePoint to become a dominant player in the California cannabis market while never actually touching the plant. In March, SinglePoint announced its acquisition of Orange County-based Convectium, which provides branding, packaging, equipment and a proprietary oil filling system ready to…

TuesdayMay 30, 2017 1:38 pm

UGE International Ltd. (UGEIF) Revenues Rocket 903% Higher as Solar Power Orders Surge

There are clear skies over the NYC headquarters of UGE International (OTCQB: UGEIF) (TSXV: UGE) as the energy solutions company continues to build its business organically and through acquisitions. UGE recently announced its first-quarter 2017 financial results, boasting record revenues of $5.5 million, up 903% over the prior year period. Now, the global provider of solar energy services is on track to take that top line even higher as its order book swells. The solar power industry is driven by renewable portfolio standard (RPS) targets, state and federal tax credits, grants, and favorable public support for ‘green’ energy. A renewable…

TuesdayMay 30, 2017 10:41 am

ChineseInvestors.com, Inc. (CIIX) Debuts “OptHemp” Premium Line and Readies its First U.S. Retail Store

ChineseInvestors.com’s (OTCQB: CIIX) first retail store is expected to open in June in San Gabriel, California. It will be among the first stores to sell “OptHemp,” a premium health product line launched by CIIX’s wholly owned subsidiary chinesehempoil.com, Inc. The “OptHemp” line will include OptHemp Ultra Premium Hemp Oil, the company’s first private label product. CIIX offers educational tools and consulting services for Chinese investors. Recently, it has been pursuing its niche in the expanding cannabis (CBD) market. The company’s goal is to become a leading Chinese publicly traded company in the nutritional industry. CIIX’s retail store in California will…

ThursdayMay 25, 2017 1:49 pm

Kootenay Zinc Corp. (CSE: ZNK) (OTCQB: KTNNF) to Step Up Exploration Efforts following Chinese Production Cuts

Zinc prices soared over the last few days after top consumer China increased imports of the metal in wake of the country’s halting production as part of an environmental crackdown on the local steel industry. The Asian nation’s move to curb zinc and nickel production is likely to have a significant impact on global supply, with inventories already under pressure from growing demand and currently at about 342,675 tons (roughly 20 percent lower than last year), according to Reuters (http://nnw.fm/DfJX0). Zinc exploration corporations such as Vancouver-based Kootenay Zinc Corp. (CSE: ZNK) (OTCQB: KTNNF) are already exploring ways to step up…

ThursdayMay 25, 2017 9:16 am

More Mobile Usage Means More Mobile Payments for Net Element (NASDAQ: NETE)

The global mobile revolution continues to accelerate. It’s estimated that, currently, about 4.8 billion individuals globally use a mobile phone, with about 2.3 billion of them being smart phone users. Smartphone subscribers now represent over half of the global mobile population. Mobile devices are fast becoming the go-to technology, even in mature economies where people can use alternative devices at home. Expanded mobile usage even engenders and propagates new behavior sets among consumers. More mobile usage even drives the usage of mobile devices to make purchases. Approximately $37 billion in mobile transactions occurred in 2015, and that total is expected to explode to over…

WednesdayMay 24, 2017 3:01 pm

India Globalization Capital, Inc. (NYSE: IGC) Taps Dr. Craig Cheifetz as Advisor for Clinical Trials of Cannabis-Based Combination Therapies

India Globalization Capital, Inc. (NYSE MKT: IGC) has named Craig Cheifetz, M.D., as an advisor to aid the company in its clinical trials in microbiology, immunology, neuroscience, and biotechnology. IGC is engaged in the development of cannabis-based therapies, which treat pain, terminal neurological and oncological diagnosis, PTSD, seizures, and other life altering issues. The company, based in Bethesda, Maryland, has a portfolio of patent filings for its phytocannabinoid-based treatments. In a news release, Ram Mukunda, CEO of IGC, welcomed Cheifetz to the company's advisory team, noting that he looks forward to Chiefetz's contributions as IGC develops unique cannabis combination therapies.…

WednesdayMay 24, 2017 12:25 pm

Kootenay Zinc Corp. (CSE: ZNK) (OTCQB: KTNNF) Aims for Strike at Sully Project Amid Global Zinc Shortage

It is a prime time to be in the zinc mining business, and Kootenay Zinc Corp. (CSE: ZNK) (OTCQB: KTNNF) is poised to profit in the midst of a continuing global zinc shortage and simultaneously booming prices. As recently reported (http://nnw.fm/3lzC3), the price of zinc rose to $1.17 per pound and $2,628 per metric ton as of May 2017, representing a 60 percent increase over the previous year’s prices. This exceeded already propitious predictions that a deeper worldwide shortage would send zinc prices soaring as high as $2,500 per metric ton over the course of 2017 (http://nnw.fm/QXe2r). The current imbalance…

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Month: May 2017