Chris@NNW, Author at NetworkNewsWire

ThursdayDec 21, 2017 3:23 pm

Sage Therapeutics, Inc. (NASDAQ: SAGE) Builds Dreams of Depression Treatment Successes

Millions of people in North America report major depression concerns Sage Therapeutics drug trials return dramatic data Testing phase targets central nervous system biomolecule receptors Biopharmaceutical company Sage Therapeutics, Inc. (NASDAQ: SAGE) is reporting optimism over recent product testing in its efforts to reduce the debilitating effects of central nervous system disorders such as depression in its varied forms. Company CEO Jeff Jonas told a CNBC interviewer this month that he’s hopeful a pill now known as SAGE-217 may even become as prominently recognized as Prozac in the treatment of major depressive disorder (MDD), or clinical depression (http://nnw.fm/0PMwt). “What we…

ThursdayDec 21, 2017 2:44 pm

Petroteq Energy Inc.’s (TSX.V: PQE) (OTCQX: PQEFF) Blockchain Logistics Platform to Reduce Operating Costs in Oil and Gas

Developing blockchain platform for oil and gas industry Distributed ledger technology to reduce transaction costs Now a member of Enterprise Ethereum Alliance Blockchain deployment is still new, with a world of opportunities for application. Cloud providers are already moving to offer it as an enterprise service (http://nnw.fm/TJu1f). Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is out to disrupt the oil and gas industry with its new blockchain platform for supply chain management. The platform, to be developed in conjunction with First Bitcoin Capital Corp. (OTC: BITCF), holds the promise of drastically reducing operating costs for the industry. At present, oil…

ThursdayDec 21, 2017 12:44 pm

AppSwarm, Inc. (SWRM) Innovating both Gaming and Blockchain Technologies

Role playing games (RPG) in casino- and movie-themed applications are one of four revenue streams for diverse SWRM, which leverages its large studio relationships Management of SWRM hopes to achieve revenues of roughly $7 million by FY2018; company recently entered cannabis mobile app market in joint venture focused on blockchain technology and bitcoin payment options Market for virtual reality games is projected to grow to $40 billion by 2020, reflecting a compound annual growth rate (CAGR) of 61.3 percent over five years AppSwarm, Inc. (OTC: SWRM) markets unique and niche offerings in the role playing games (RPG) market, giving players…

ThursdayDec 21, 2017 11:28 am

Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Expands Its Interests in California

Demand for lithium expected to increase by over 300 percent by 2025 Standard Lithium has a strong technical team to process established reserves The company is exploring other potentially highly lucrative reserves On the back of the growing global demand for cleaner energy, lithium producers are leading the way by providing the essential element for batteries in electric cars. Fortune magazine reports that the production of electric cars will increase by almost three percent by 2020 and 10 percent by 2025 (http://nnw.fm/Rj84u). The demand for lithium is set to increase by more than 300 percent over the next eight years,…

ThursdayDec 21, 2017 10:57 am

Net Element, Inc. (NASDAQ: NETE) Shares Surge 250% after Launch of New Blockchain Unit

Net Element, Inc. shares registered an initial increase of over 300 percent after the announcement of a new blockchain unit The project will be executed in partnership with Bunker Capital Net Element’s move follows several similar announcements and the growth of the cryptocurrency market to over $600 billion in December 2017 Net Element, Inc. (NASDAQ: NETE) saw an increase in shares of over 300 percent on December 19, 2017, after the company announced the launch of a new blockchain-based business unit. Eventually, the initial increase slowed down, but company shares were still up around 254 percent at the time of…

ThursdayDec 21, 2017 9:00 am

Blockchain Technology’s Usefulness Promotes Innovation for Wide Range of Industries

NetworkNewsWire Editorial Coverage: Though typically associated solely with bitcoin and cryptocurrency, blockchain technology is becoming increasingly important for a wide range of industries – from oil & gas to security and sports betting. As one of the foremost companies on the development front, Victory Square Technologies, Inc. (CSE:VST) (OTC:VSQTF) (FWB:6F6) (VSQTF Profile) invests in and incubates entrepreneurial ventures to take advantage of existing and emerging market opportunities, including the development of blockchain technology in various industry sectors. Other companies involved in blockchain technology development include Marathon Patent Group, Inc. (NASDAQ: MARA), BTCS, Inc. (OTC: BTCS), 360 Blockchain, Inc. (CSE: CODE)…

ThursdayDec 21, 2017 9:00 am

Investors are Powering Up on Cobalt Stocks as Price Hits 9-Year High

NetworkNewsWire Editorial Coverage: Cobalt is a key component of lithium-ion batteries, with cobalt sulfate the preferred feedstock for the cathodes in these batteries. During 2017, the spot price of cobalt has seen an upward trend, surging more than 120 percent on the London Metal Exchange (LME) since the beginning of the year to a nine-year high (http://nnw.fm/f38iT). Predictions are that 2018 will see growing demand for cobalt in line with the increased production of electric vehicles (EVs) worldwide and the increasing adoption of lithium-powered mobile technology in developing countries, and Bloomberg New Energy Finance forecasts that the shift toward these…

WednesdayDec 20, 2017 9:00 am

Blockchain-Powered Cryptocurrency Revolution Boosts Early Adopters

NetworkNewsWire Editorial Coverage: The astounding surge in the price of cryptocurrencies in 2017, most notably bitcoin’s rise from around $1,000 at the start of the year to over $19,000 currently, has been powered by the innovative distributed ledger technology known as the blockchain. The blockchain supports cryptocurrencies and other applications where a secure, transparent record of transactions is required. It enables these transactions by using distributed computer networks to record and store transaction data, eliminating the need for third-party validation. This revolutionary technology has enabled the ever-widening adoption of cryptocurrencies such as bitcoin, Ethereum and Litecoin, while leading to big…

TuesdayDec 19, 2017 3:57 pm

SinglePoint’s (SING) Bitcoin Payment App Highlighted in CNBC Article – Offers Alternative to Cash-only Cannabis Industry

New cryptocurrency app allows cannabis dispensaries to accept electronic bitcoin payments Legal marijuana market predicted to hit $24.5 billion in North America by 2021 Convergence of cryptocurrency and cannabis industry meet in SingleSeed subsidiary Publicly traded holding company SinglePoint, Inc. (OTC: SING) and its innovative SingleSeed app – designed to allow cannabis dispensaries and customers to exchange funds using debit and credit cards via the vehicle of bitcoin – is singled out in a CNBC article highlighting the industry’s ongoing need for an alternative banking solution (http://nnw.fm/x4zXD). Three years ago, SinglePoint placed terminals in medical marijuana dispensaries, so consumers could…

TuesdayDec 19, 2017 3:18 pm

Medical Cannabis Payment Solutions (REFG) is at the Forefront of the Multi-Billion Legal Cannabis Market

U.S. medical and recreational marijuana sales are projected to reach $24.5 billion by 2025 REFG has pioneered a first-of-its-kind payment system tailored specifically to the underserved legal cannabis industry with planned expansion to integrate cryptocurrency payments Growth trends continue amid widespread legalization of marijuana for medical and recreational use As trends continue toward increased awareness regarding the potential health benefits of cannabinoids, as well as widespread legalization of marijuana for medical and recreational use, Medical Cannabis Payment Solutions (OTC: REFG) is positioned as a pioneer at the forefront of a multi-billion dollar market. Serving both medical and recreational dispensaries and…

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Author: Chris@NNW