May 2018 - Page 11 of 13 - NetworkNewsWire

FridayMay 04, 2018 12:47 pm

Mr. Amazing Loans Corp. (MRAL) – Transition to New Identity in Providing Consumer Loans

IEG Holdings Corp. will now be known as Mr. Amazing Loans Corp. to align identity with consumer brand Company revenues expected to quadruple by 2020 based on accessible loan model Ties to cryptocurrency firm could herald avenue for blockchain use in foreign loans Mr. Amazing Loans Corp. (OTCQB: MRAL) announced on May 3 that it is the new corporate identity for what formerly had been IEG Holdings Corp. (OTCQB: IEGH) (http://nnw.fm/00UVz). The change, effective April 30, aligns the fintech company’s brand with the consumer loans portal ‘Mr. Amazing Loans’, by which it is best known, and follows immediately on the…

FridayMay 04, 2018 12:27 pm

Net Element, Inc.’s (NASDAQ: NETE) PayOnline Offers Total Payment Facilitator Solution with Bank Sputnik

Net Element specializes in mobile payments and value-added transactional services The company supports electronic payments acceptance in a multi-channel environment Net Element recently announced that its PayOnline subsidiary is partnering with Bank Sputnik Payment processor Net Element, Inc. (NASDAQ: NETE) specializes in mobile payments and value-added transactional services. A worldwide technology-driven group, the company provides its platform for small to medium enterprises (SME) in the United States and select developing markets. On Deloitte's 2017 Technology Fast 500™, Net Element was ranked as one of the fastest growing companies in North America. The company supports electronic payments acceptance in a multi-channel…

FridayMay 04, 2018 11:49 am

Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Oil Sands Technology Set to Unlock a Trillion Barrels of Oil Locked in U.S. Sand and Shale

Hydrocarbons projected to continue supplying world’s energy needs in near future U.S. oil sands & shale reserves estimated at two trillion barrels Extraction technology could play vital role in U.S. oil sands & shale industry The days when the U.S. economy depended on Middle Eastern oil are history. Now, just 17 percent of the approximately 10.1 million barrels per day (MMb/d) of petroleum imported comes from the Persian Gulf, according to the U.S. Energy Information Administration (http://nnw.fm/T9ybV). Although still a net importer, the U.S. in recent years has become a large supplier as well, exporting about 6.3 MMb/d of petroleum…

FridayMay 04, 2018 11:29 am

TransCanna is Out to Control California’s Cannabis Logistics

Legalization set to compound cannabis logistical challenges Build-out of state-wide cannabis distribution network State-compliant cannabis track & trace software good to go If it’s true that an army marches on its stomach (an aphorism attributed to both Frederick the Great and Napoleon Bonaparte), that observation goes to show how highly some of history’s most renowned leaders regarded an efficient logistics operation. When asked what a soldier needed most in war, Napoleon was in no doubt that it was ‘a full belly and a good pair of shoes’. ‘A good pair of shoes’ gets your forces into action in a timely…

ThursdayMay 03, 2018 2:26 pm

Sharing Services Inc. (SHRV) Emerging as Multi-Channel Leader in Direct Sales Marketplace

Record 20.5 million people in the U.S. were involved in direct selling in 2016, a 1.5 percent increase from the previous year, with $35.54 billion in direct retail sales Collaborative economy and growth of social media platforms bringing diversity, empowerment to direct selling companies and entrepreneurs Global direct selling industry generated about $182 billion in 2016, with wellness products snapping up 35 percent of direct retail sales From its headquarters in Plano, Texas, diversified holding company Sharing Services Inc. (OTC: SHRV) offers an international perspective for entrepreneurs everywhere hoping to master the art of network marketing and direct selling. Sharing…

ThursdayMay 03, 2018 1:59 pm

QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Eyeing Lithium Potential at Irgon Mine Project

Exploration of a former lithium mine in Manitoba expected to yield more than a million tons of tech-friendly metal Lithium is an in-demand metal that is expected to become more popular as electric vehicle production surges QMC anticipates significantly expanding Manitoba exploration potential as further under-explored sites are evaluated Southcentral Canada may have the next big thing in terms of the supply chain for worldwide technological demands such as cell phone and electric vehicle batteries, rocket propellants, mental health medications and heat-resistant ceramics. The province is home to the Irgon Mine, a historical lithium mine that appears to have plenty…

ThursdayMay 03, 2018 1:20 pm

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Enters License Agreement with California Cannabis Beverage Maker

Lexaria and GP Holdings LLC enter into a five-year semi-exclusive licensing agreement Lexaria and GP have developed a series of high-performing cannabis beverages with nearly zero unwanted taste and odor California cannabis-beverage market is expected to be one of the largest edible product segments Drug delivery innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) recently announced a definitive technology licensing agreement with GP Holdings LLC to empower next-generation performance in high absorption, fast acting cannabis-infused beverages to be developed and sold in California. DehydraTECH™ is LXRP’s edible delivery technology that promotes healthier ingestion methods, lower overall dosing and higher effectiveness…

ThursdayMay 03, 2018 12:23 pm

EVIO Inc. (EVIO) Expands California Operations through Acquisition of Leaf Detective, LLC

EVIO is the leading cannabis analytical testing company in the United States Acquisition of Leaf Detective provides a significant increase to EVIO’s testing capacity On April 30, 2018, EVIO Inc. (OTCQB: EVIO) announced that it had executed an asset purchase agreement to acquire 100 percent of Leaf Detective, LLC, a California-based testing laboratory (http://nnw.fm/2TGoF). EVIO is the leading provider of cannabis testing and scientific research for the regulated cannabis industry. This strategic acquisition aligns with the company’s efforts to expand its analytical testing services to meet the increasing demand for these services in the state of California. In terms of…

ThursdayMay 03, 2018 11:23 am

Earth Science Tech, Inc. (ETST) Poised to Benefit from Fast Growing Hemp-Derived CBD Market

12 more U.S. states likely to approve medicinal or recreational use of cannabis in 2018 Hemp-derived CBD market on course for CAGR of 55 percent over next five years Ventures in both MMJ and recreational marijuana hedge bets The tide of cannabis legalization sweeping over North America continues to rise despite intractable federal prohibition in the United States. In the U.S., 29 states and the District of Columbia allow cannabis for medical use. In nine of those jurisdictions, adult recreational use is also permitted. Another 12 are considering easing restrictions on cannabis use by the end of the year. In…

WednesdayMay 02, 2018 3:39 pm

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) Completes Successful IPO

Company completes IPO for total gross proceeds of more than $115 million Common shares, as well as common share purchase warrants, commenced trading on the Toronto Stock Exchange today Aurora Cannabis exercised full participation right for IPO on a pro-rata basis The Green Organic Dutchman Holdings Ltd. (TSX: TGOD), a research and development company licensed under Canada’s Access to Cannabis for Medical Purposes Regulations (ACMPR) to cultivate medical cannabis, this morning announced the completion of its initial public offering and commenced trading on the Toronto Stock Exchange. The company’s IPO consisted of 31.51 million units priced at $3.65 per unit,…

Financial news and publishing for public and private companies

Contact us: 212.418.1217

Month: May 2018