News Archives - NetworkNewsWire

FridayApr 03, 2020 12:53 pm

NetworkNewsBreaks – Sigma Labs, Inc. (NASDAQ: SGLB) Issues Corrected Press Release for Pricing of $1.5M Offering, Classification of Warrants

Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D printing industry, this morning issued a corrected press release to revise the classification of warrants previously published in today's press release announcing its entry into a definitive agreement with certain institutional investors for an offering of 515,465 units. According to the update, each of the units consists of one share of Sigma Labs common stock (or a prefunded Series B Warrant to purchase one share of Sigma Labs common stock) to be issued in a public offering, and a Series A Warrant to purchase one…

FridayApr 03, 2020 12:02 pm

NetworkNewsBreaks – Cannabis Global, Inc. (MCTC) Announces Domicile into Nevada, Corporate Name Change to Better Reflect Cannabis Direction

Cannabis Global (OTC: MCTC), formerly MCTC Holdings, today announced a change in corporate domicile from Delaware to Nevada under the corporate name of Cannabis Global, Inc. According to the update, the company plans to institute a corporate action with FINRA for an official name change with that organization and for a change of the stock trading symbol. “We have made tremendous progress as an organization since our reorganization last May, but now it is time for our corporate identity to match our corporate mission,” Cannabis Global CEO Arman Tabatabaei stated in the news release. “Thus, we have changed the name…

FridayApr 03, 2020 11:54 am

NetworkNewsBreaks – VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) Announces Partial Debenture Repurchase

VIVO Cannabis (TSX: VIVO) (OTCQX: VVCIF) today announced that it has re-purchased for cancellation certain of its outstanding 6% unsecured convertible debentures in the aggregate principal amount of $10 million, for a purchase price of $9.3 million (plus accrued and unpaid interest thereon), representing a 7% discount to the face value, pursuant to an agreement with the holder thereof. The company, as a result of the repurchase, now has Debentures in the aggregate principal amount of $24.5 million due February 28, 2021. “As evidenced by our recent financial results, VIVO continues to enjoy a strong cash position,” VIVO's Chief Executive…

FridayApr 03, 2020 10:45 am

NetworkNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Announces Consent to Receivership Appointment for CBD Business, Continuation of Cannabis Business in FL, MA and NV

Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced that a special committee of the Board of Directors has concluded the previously announced strategic review process related to the company's cannabidiol (“CBD”) business. As a result, Green Growth Brands has determined that appointment of a receiver is in the best interest of the company and the creditors of the CBD business. The CBD business is operated by six of the company's subsidiaries: Green Growth Brands LLC, GGB Beauty LLC, GGB Licenses LLC, Green Growth Brands Realty LLC, GGB Kiosks LLC, and GGB GN LLC, each of which will be subject…

FridayApr 03, 2020 10:33 am

NetworkNewsBreaks – ChineseInvestors.com Inc. (CIIX) CEO Provides Update on Company Activity During Coronavirus Pandemic Atmosphere on MoneyTV with Donald Baillargeon

ChineseInvestors.com (OTCQB: CIIX) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally syndicated program, viewed in over 200 million households and more than 75 countries, covers money-focused topics and features in-depth interviews with CEOs and executives that offer insights into various companies and their operations and future outlooks. Among other highlights, this week’s program featured CIIX CEO Warren Wang as he provided an update in regard to company activity during the coronavirus pandemic atmosphere. Discussing the company’s new YouTube program, launched in February, Wang provides an overview of the show with content on his use of…

FridayApr 03, 2020 10:06 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses CBD-Infused Hand Sanitizer Product on MoneyTV with Donald Baillargeon

SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally syndicated program covers money-focused topics, featuring various companies and in-depth interviews with CEOs and executives that offer insights into operations and future outlooks. MoneyTV is viewed in over 200 million households in more than 75 countries. Among other highlights from this week’s program, SinglePoint CEO Greg Lambrecht unveiled the company’s CBD-infused hand sanitizer product. “The response that we’ve gotten has just been amazing,” Lambrecht said during the program, speaking of the company’s attendance at the NACS show (the National Association of Cleaning Stores Show)…

FridayApr 03, 2020 9:38 am

NetworkNewsBreaks – Trxade Group, Inc. (NASDAQ: MEDS) to Hold 2020 Annual Meeting of Stockholders on May 29

Trxade Group (NASDAQ: MEDS), an integrated drug procurement, delivery and healthcare platform, on Thursday announced that it will be holding its 2020 Annual Meeting of Stockholders at its corporate offices in Land O’ Lakes, Florida on Friday, May 29, 2020 at 10 AM local time. The record date for determination of stockholders authorized to vote at the meeting is set on or around the close of business on April 13, 2020. Additional information regarding the meeting will be disclosed in the company’s proxy statement which it plans to file with the Securities and Exchange Commission (“SEC”) following the record date.…

ThursdayApr 02, 2020 12:40 pm

NetworkNewsBreaks – A Look at Potential Crypto Market Impact When Millennials Get Payouts

An article posted on Wednesday, published by The Global Crypto Press Association, discusses the $2 Trillion Coronavirus Aid Package, which includes $500 billion for large companies, $339 billion for local governments, $377 billion for small business, as well as a long list of smaller allocations for specific or specialized purposes (such as stocking up on supplies in the case of future pandemics). The article specifically addresses the portion that could impact the markets - $560 billion, dedicated to helping individuals. “The basic breakdown is, any American earning under $99k will receive a payment of approximately $1200, then if they're not…

ThursdayApr 02, 2020 12:34 pm

NetworkNewsBreaks – JourneyApps Opens Low-Code App Development Platform at No Charge to State Governments, Healthcare Agencies and NGOs Fighting COVID-19 Pandemic

JourneyApps today announced that it will open its low-code app development platform at no charge to state governments, healthcare agencies and NGOs fighting the rapidly-spreading COVID-19 pandemic. The announcement comes as state governments face an urgent need to collect patient and hospital data that can be funneled into cloud data warehouses for analysis and rapid response. According to the update, the new free plan will give qualifying organizations access to the JourneyApps web-based integrated development environment, OXIDE, that allows developers to build and deploy custom apps while working from home. “When we heard about a state that wanted to provide…

ThursdayApr 02, 2020 11:46 am

NetworkNewsBreaks – Delta 9 Cannabis Inc. (TSX: DN) (OTCQX: VRNDF) Implements Numerous Health and Safety Precautions, Maintains Continuous Operations Amid COVID-19 Outbreak

Delta 9 Cannabis (TSX: DN) (OTCQX: VRNDF) on Monday announced its implementation of numerous health and safety precautions to protect customers and staff while maintaining operations amid the COVID-19 outbreak. According to the update, the company has been able to maintain continuous operations of its retail stores, wholesale and business to business (“B2B”) units and has no current plans to shut down its businesses. Delta 9 management continues to focus on maintaining continuity of business while implementing certain policies and procedures, created based on the advice of federal and provincial health officials, to protect the health and safety of its…

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