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MondayJul 16, 2018 9:37 am

NetworkNewsBreaks – GTX Corp (GTXOD) Secures Million Dollar Institutional Financing Round at 10x Valuation

GPS technology-focused holding company GTX Corp (OTC: GTXOD) this morning announced the completion of several corporate initiatives, including its securement of a million dollar round of financing at a 10x valuation of its current trading price. Per the update, the company has already received its first tranche and will draw down additional tranches over the next 12 months. “We are thrilled to announce securing a new strategic partner that recognizes the true value of GTX Corp and is providing capital at a premium to market, along with business and corporate development services,” Patrick Bertagna, CEO of GTX Corp, stated in…

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MondayJul 16, 2018 9:24 am

NetworkNewsBreaks – Medical Cannabis Payment Solutions (REFG) Appoints Former Florida State Senate President to Advisory Board

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning announced that it has added Mike Haridopolos to the company’s advisory board. Haridopolos is the former president of the Florida State Senate, working closely with Gov. Rick Scott from 2010-2012. Haridopolos is also a former college professor of political science and history at both Eastern Florida State and the University of Florida. “We are excited to add Mike to our team,” Medical Cannabis Payment Solutions CEO Jeremy Roberts stated in the news release. “With his experience working on Florida’s legislation, working to solve the prescription drug crisis and…

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FridayJul 13, 2018 9:39 am

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) Collaborates with Ohio State University to Study Ultra-Shear Technology

Global life sciences company Pressure BioSciences (OTCQB: PBIO) was recently highlighted in a release by The Ohio State University detailing the university’s upcoming study regarding healthier food and beverage options.  Per the news release, a team of scientists from Ohio State's College of Food, Agricultural, and Environmental Sciences (“CFAES”) has been awarded a four-year, $891,000 grant from the U.S. Department of Agriculture's (“USDA”) National Institute of Food and Agriculture. The main objective of the grant is to develop an innovative manufacturing technology to preserve food and beverages using wholesome, identifiable ingredients, no artificial preservatives and reduced use of heat, by…

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ThursdayJul 12, 2018 1:33 pm

NetworkNewsBreaks – GTX Corp (GTXOD) Announces FINRA Approval of Reverse Split

GPS technology-focused holding company GTX Corp (OTC: GTXOD) today announced that FINRA has approved and made effective the reverse split filed on June 25. For the next 20 days, the company’s stock will trade under the ticker symbol ‘GTXOD’ before reverting back to ‘GTXO’ after all trading platforms have been updated. “We are very pleased with how quickly this became effective – a tribute to our legal team, CFO and our 10 years of being a fully reporting audited company,” Patrick Bertagna, GTX Corp CEO, stated in the news release. “As part of our comprehensive plan to make the public…

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ThursdayJul 12, 2018 11:55 am

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Reports Significant Increase in Transaction Processing Volume

Global technology and value-added solutions group Net Element (NASDAQ: NETE) recently announced that its transaction processing volumes for the first six months of 2018 demonstrated a substantial increase of 37% as compared to the same period in 2017. Total dollars processed from January 2018 through June 2018 totaled $1.62 billion versus $1.18 billion during the previous year. The company attributes the growth primarily to its subsidiary Unified Payments. The North America Transaction Solutions segment realized the largest increase of 40% to $1.4 billion from $1 billion while International Transactions Solutions achieved $211 million, an increase of 20% from $176 million.…

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ThursdayJul 12, 2018 10:58 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Submits Application to Uplist to the NASDAQ Capital Market

Fully integrated oil and gas company Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) today announced that it has submitted its formal application to list the company’s common stock on the NASDAQ Capital Market. Acceptance is subject to approval, including Petroteq's ability to meet minimum listing requirements for the NASDAQ Capital Market. "We believe up-listing in the U.S. from the OTC Market to the NASDAQ Capital Market will increase awareness of Petroteq in the financial community,” Petroteq CEO David Sealock stated in the news release. “We believe that a NASDAQ listing will help unlock some of the shareholder value we are trying…

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ThursdayJul 12, 2018 10:22 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary to Launch Operations in New Retail Merchant Location

Global Payout, Inc. (OTC: GOHE) this morning announced that its wholly owned subsidiary, MTRAC Tech Corp. (“MTRAC”), is launching operations at The Jet Room, a licensed and compliant medicinal dispensary in Adelanto, CA. The MTrac team will be implementing its payment platform system as it is taken live in its new retail merchant location on Friday, July 13. “My team and I are very excited for the opportunity to launch with The Jet Room, our second retail merchant, in Adelanto, which is striving to be a cannabis safe community. The ability to eliminate or reduce the amount of cash in…

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ThursdayJul 12, 2018 10:21 am

NetworkNewsBreaks – Zenergy Brands, Inc. (ZNGY) Highlights Recent Performance of Flagship Zero Cost Program

Next-generation energy and technology company Zenergy Brands, Inc. (OTC: ZNGY) this morning announced that its flagship service offering, the Zero Cost Program, continues to gain traction in the marketplace. This update follows the company’s June entry into seven-year Zero Cost services agreements with customers in the private sector, with aggregate contract values exceeding $1 million. As noted, one of the agreements is with U.S.-based bitcoin mining firm BitPlus, Ltd., which is leveraging an innovative energy sourcing strategy encompassing a micro-grid approach to gain a unique competitive advantage in the bitcoin mining industry. “We were honored to have been chosen by…

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ThursdayJul 12, 2018 9:56 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Adds Two Drill Rigs to Iron Creek Cobalt Project

Cobalt exploration and development company First Cobalt (TSX.V: FCC) (OTCQX: FTSSF) this morning announced that it is now drilling from the surface and underground at its Iron Creek Cobalt Project as two additional drill rigs have been mobilized. The addition of two surface rigs will accelerate drilling results and complement ongoing underground drilling at the project. Surface drilling stations were built earlier this year and both rigs have commenced operation. "Our confidence level in the growing footprint of the Iron Creek project warrants an acceleration of drilling activities. A maiden resource estimate is underway and will be available by October.…

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ThursdayJul 12, 2018 9:38 am

NetworkNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Investment Executes Manufacturing and Distribution Agreement with Phoenix Tears LLC

FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that Cultivation Technologies Inc. (“CTI”), its first investment in California, has executed an agreement with Phoenix Tears LLC to be the exclusive manufacturer and distributer of official Phoenix Tears THC-based products in California. Per the update, Phoenix Tears has supported more than 200,000 individuals through its cannabis brands and products since its inception in 2010. “This agreement represents a significant step forward for CTI as they continue to build out their manufacturing, distribution and marketing businesses of cannabis and cannabis-related…

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