Breaks Categories: News

WednesdayApr 08, 2020 9:27 am

NetworkNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) CEO Issues Corporate Update Letter to Shareholders

Canadian technology company Exro Technologies (CSE: XRO) (OTCQB: EXROF) this morning released a letter from the company’s CEO Sue Ozdemir to its shareholders. Among other highlights, the letter discusses four major projects that are currently in progress as well as Ozdemir’s commitment to closing eight strategic partnerships by the end of 2020. “These are four key partnerships as they demonstrate the scalability and versatility of the Exro technology. We are now working with bikes, cars, boats, and snowmobiles. The next four deals are on the horizon, and I am very confident that we will close all eight deals this year.…

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TuesdayApr 07, 2020 11:45 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Direct Solar Subsidiary Increases National Footprint, Now Covering 25 States Total

SinglePoint (OTCQB: SING) this morning announced that its Direct Solar America subsidiary has added 9 additional states, Colorado, New Mexico, Wisconsin, Minnesota, Pennsylvania, Georgia, South Carolina, New Jersey, and Connecticut following the recent repositioning of the company’s salesforce to leverage technology platforms to conduct solar transactions via remote and virtual solar sales professionals. Unique market conditions and in-person safety concerns driven by the COVID-19 virus quickened the company’s timeline to adopt its virtual sales force initiative. During the first week of virtual sales, the company closed several residential deals and continues to find additional homeowners interested in reducing their environmental…

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TuesdayApr 07, 2020 10:03 am

NetworkNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Announces Receipt of Notices of Default from MXY Holdings LLC

Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced its receipt of a notice of default from MXY Holdings LLC (“Moxie”) related to a US$5,000,000 note for which it provided a guaranty as a condition to Moxie extending the loan to GGB Beauty LLC on July 8, 2019. According to the update, the note had a January 31, 2020, maturity date and the parties were unable to reach agreement as to an extension. In conjunction, the company also received notice that its obligations with respect to the previously announced US$4,000,000 termination fee owed to Moxie would also be accelerated and…

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TuesdayApr 07, 2020 9:50 am

NetworkNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Receives Nasdaq Notification Regarding Delayed Form 10-K Filing, Khrysos Subsidiary Secures FDA Rights to Produce Hand Sanitizer

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise, commercial hemp enterprise and multi-channel lifestyle company, on Monday announced its receipt of a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC indicating that, as a result of the delay in filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2019, Youngevity is not in compliance with the timely filing requirement for continued listing under Nasdaq Listing Rule 5250(c)(1). According to the update, the letter has no immediate effect on the…

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TuesdayApr 07, 2020 9:26 am

NetworkNewsBreaks – Appreciated Media Holdings Inc. (TSX.V: AMH) (OTC: WDRFF) Posts Corporate Update

Appreciated Media Holdings Inc. (TSXV: AMH) (OTC: WDRFF), formerly The Wonderfilm Media Corporation, on Monday provided a corporate update. Per the release, the company has relocated to new offices at Suite 1720, 650 West Georgia Street, Vancouver. The new offices consists of 3,200 square feet that includes 700 square feet of creative development space exclusively built for the design, editing and 3D animation team. Additionally, the company provided a registration link for its shareholders conference call that is scheduled to take place on April 15th at 1:00 PM PST. All attendees need to register prior to the meeting at http://nnw.fm/yIG9w.…

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MondayApr 06, 2020 11:27 am

NetworkNewsBreaks – GP Solutions, Inc.’s (GWPD) GrowPods Can Help Farmers Quickly Provide Ultra-Fresh “Superfoods” to Nation in Need

GP Solutions (OTC: GWPD), developer of GrowPods – Controlled Environment Micro-Farms – can help farmers quickly expand and provide ultra-fresh "Superfoods" to a nation in need, while increasing their income in the process. Net farm incomes are expected to decline another $10 billion this year according to the USDA 2020 Farm Sector Income Forecast. With many row crop farmers barely breaking even, premiums offered for organic and luxury foods are growing even more appealing. GrowPods, transportable and scalable finely tuned automated micro-farms, allow farmers to rapidly and affordably add high-margin superfoods to their business – with cultivation taking place year-round.…

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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…

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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…

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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…

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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…

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