Chris@NNW, Author at NetworkNewsWire

TuesdayAug 29, 2017 3:14 pm

Exciting Potential for Growth Fuels Net Element (NASDAQ: NETE) as E-commerce and Consumers Converge

2017 second quarter net revenues up 18 percent to $16.1 million PayOnline, a flexible e-commerce payment solutions platform, launches in U.S. Net Element is strategically poised for growth in the U.S. and emerging countries Mobile-based purchasing by the world’s consumers is booming thanks to smartphones and other portable devices. Net Element (NASDAQ: NETE) is tapping into that expanding e-commerce world with its focus on small- to medium-sized businesses in the United States and select emerging markets. Florida-based Net Element is a global financial technology company delivering a wide range of value-added solutions that support electronic payments in an omni-channel environment…

TuesdayAug 29, 2017 1:55 pm

ProBility Media Corp.’s (PBYA) Virtual Reality Education Programs Take Technical Training to the US Workforce

Training programs already offered in 22 states Upending traditional approach to delivering education and training Employing VR technology to cut costs and improve accessibility Taking Francis Bacon’s aphorism ‘if the mountain will not go to Mohammed, then Mohammed must go to the mountain’ to heart, ProBility Media Corp. (OTCQB: PBYA) plans to deliver its extensive suite of technical training programs nationwide through virtual reality and a host of other cutting edge technologies. At present, the company offers programs in 22 states, so it is already halfway to realizing its ambitious goal. Partnering with developers of three-dimensional (3D) technology, ProBility will…

TuesdayAug 29, 2017 11:13 am

India Globalization Capital, Inc. (NYSE: IGC) – The Pros are Already Picking Horses

Alzheimer's is America’s most expensive disease, with a new diagnosis every 66 seconds IGC’s unique use of marijuana extracts in combination therapy for potential Alzheimer’s breakthrough shows promise Low market cap could make IGC a big winner for early investors Alzheimer's disease is one of the greatest medical, ethical, and financial challenges facing society today. Currently, more than 5.3 million Americans and their families have to deal with Alzheimer's disease, and projections suggest that number will nearly triple to 14 million Americans by 2050. Globally, the figures are even more staggering, with about 47 million people worldwide currently diagnosed and…

TuesdayAug 29, 2017 10:25 am

SinglePoint, Inc. (SING) Opening the Marijuana Money Spigot

Legal marijuana sales projected to exceed $20 billion within four years Federal banking restrictions make cannabis a cash business SING developing bitcoin-based payment solutions Growing as much as 30 percent annually, legal marijuana sales in North America topped $6.7 billion last year and are projected to exceed $20.2 billion within four years (http://nnw.fm/I7R3k). That’s eye-popping growth by almost any measure. However, this new found avalanche of revenues is shunned by banks. Most banks won't touch cannabis cash, because marijuana is illegal under U.S. federal law and banks must comply with federal regulations to maintain good standing. Banks just don’t want…

TuesdayAug 29, 2017 9:00 am

Cannabis Companies Cater to an Increasingly Large and Diverse Industry

NetworkNewsWire Editorial Coverage: The predictions for the cannabis industry are staggering. Statista predicts the market may exceed $37.3 billion by 2024. Meanwhile, Forbes estimated the $6.5 billion market in 2016 could grow to $30 billion by 2021, and Bloomberg predicts an increase to $50 billion by 2026. The market is being fueled by demand and legalization, and it’s not just about plants. Equipment, infrastructure, cannabidiol products, and investors are components of an industry that seems to have unlimited growth potential. For example, PotNetwork Holding, Inc. (POTN) (POTN Profile) delivers, through its Diamond CBD subsidiary, widely-distributed CBD hemp extracts used in…

MondayAug 28, 2017 4:00 pm

Algae Dynamics Corp. (ADYNF) Positioned to Benefit as Market Survey Highlights Consumer Preference for CBD

Survey respondents use CBD to treat anxiety, depression, insomnia and joint pain ADYNF is researching impact of cannabidiol products in treatment of mental health issues and cancers 61% of consumers surveyed said they are spending greater than $50 monthly on CBD products Algae Dynamics Corp. (OTCQB: ADYNF) could be among the chief beneficiaries of a recent survey that found that 42% of respondents chose cannabidiol (CBD), derived from hemp or marijuana, and dropped traditional medicines (http://nnw.fm/6Qu2c). In addition, an "Understanding Cannabidiol" survey of some 2,400 members of HelloMD, an online CBD community, and market research firm Brightfield Group jointly found…

MondayAug 28, 2017 3:04 pm

ChineseInvestors.com, Inc. (CIIX) Seeks To Become Bitcoin Information Leader for the Global Chinese-Speaking Community

Formally announces subscription service Chinesefn.com, offering real-time reporting on digital currency news Published report analyzes jump in bitcoin valuation and its larger role in legalized marijuana markets CIIX targets China, which has an estimated 85% share of the bitcoin market ChineseInvestors.com, Inc. (OTCQB: CIIX), along with other companies in the cannabidiol (CBD) and legalized cannabis industries, are increasingly relying on bitcoin cryptocurrency for transactions. Not only has the value of bitcoin skyrocketed to greater than $4,000 in the past year, it solves the problem of transactions in this largely unbankable market. In a July press release, the company formally announced…

MondayAug 28, 2017 1:45 pm

SinglePoint, Inc. (SING) Issues Update on Its Acquisitions and Initiatives

SinglePoint recently completed acquisitions of Convectium and DIGS Hydro The company offers an online payment solution through a partnership with First Bitcoin Capital Online payments and marketing services are available through SingleSeed.com SinglePoint, Inc. (OTC: SING) revealed in a July 18, 2017, audio press release that it is now working with a cryptocurrency expert to lead an initiative to develop a payment solution designed for high risk customers. The company has grown from a full service mobile tech provider to a publicly traded holding company serving the cannabis market. Thanks to a joint venture with First Bitcoin Capital Corp., according…

MondayAug 28, 2017 1:09 pm

SEC Issues Temporary Suspension in Trading Shares of First Bitcoin Capital (BITCF)

The Securities and Exchange Commission has issued a temporary trading suspension of First Bitcoin Capital Corp. (OTC: BITCF) shares because of concerns about the accuracy and adequacy of public information on the Canadian company. The order took effect at 9:30 a.m. EDT last Thursday and terminates at 11:59 a.m. on September 7, 2017. The SEC cited concerns about the company, including the value of BITCF’s assets and its capital structure, in a news release accompanying the suspension order. Shares of First Bitcoin Capital are traded over-the-counter and were last trading at $1.79 per share, according to Bloomberg. Shares had risen…

FridayAug 25, 2017 1:47 pm

Does Marijuana’s Move to Mainstream Status Mean Shedding its Counterculture Reputation?

Not that many years ago, if marijuana was discussed in mixed company, it was only talked about in hushed tones, coupled with furtive glances. The “devil’s lettuce” had its fans, of course, but for most folks the topic conjured up images of Hollywood movies characterizing users as stoners who did nothing but smoke weed 24/7 and get in lots of trouble. Fast forward to 2017. Not only is marijuana, or cannabis, discussed around the dinner table in many homes, it’s a topic for investors and in boardrooms as it gains traction as a viable business venture. No fewer than 29…

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Author: Chris@NNW