Breaks Categories: News

ThursdayOct 10, 2019 9:25 am

NetworkNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Inks LOI with BeneYOU, LLC

Leading multi-channel lifestyle company Youngevity International (NASDAQ: YGYI) and BeneYOU LLC, a nutritional and beauty products company, this morning announced the execution of a non-binding Letter of Intent (“LOI’) detailing YGYI’s purchase of certain assets of BeneYOU. The companies intend to complete a definitive asset purchase agreement within the next few weeks, and plan to close the transaction by the end of the month. “Given the size of the integration and the amount of communication that will take place between both companies we felt that disclosing where we are in the acquisition process was prudent. Assuming a successful close, we…

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WednesdayOct 09, 2019 10:49 am

NetworkNewsBreaks – Adesto Technologies Corp. (NASDAQ: IOTS) Closes $80.5 Million Private Offering

Adesto Technologies (NASDAQ: IOTS), a leading provider of innovative application-specific semiconductors for the IoT era, has closed on $80.5 million aggregate principal amount of 4.25% Convertible Senior Notes due 2024 in a private offering to qualified institutional buyers per Rule 144A promulgated under the Securities Act of 1933. According to the update, the closing included full exercise for $10.5 million of the over-allotment option. The notes will be senior, unsecured obligations of Adesto, bearing an interest rate of 4.25% per year payable semiannually in arrears, and will mature on September 15, 2024, unless earlier converted, redeemed or repurchased. Prior to…

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WednesdayOct 09, 2019 10:20 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Lights Up NACS with Launch of Pure American Hemp(TM) Cigarettes

Technology and investment company SinglePoint (OTCQB: SING) today announced major success at the 2019 National Association of Convenience Stores show (“NACS”) in Atlanta. SinglePoint, as the master distributor of Pure American Hemp(TM) Cigarettes, sold multiple cases to retail store owners representing approximately 2500 stores during the show. In addition, SinglePoint was able to directly interact with interested store owners, national distributors and buying groups, accounting for well over 20,000 retail locations and, this week, has ordered additional product to meet demand. “Our success at NACS was beyond what anybody in our group imagined. It truly gave us deep insight to…

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WednesdayOct 09, 2019 9:44 am

NetworkNewsBreaks – Genprex, Inc. (NASDAQ: GNPX) Announces Plans to Present at Inaugural MicroCap Rodeo Investor Conference

Clinical-stage gene therapy company Genprex (NASDAQ: GNPX) today announced its plans to present at the upcoming inaugural MicroCap Rodeo Investor Conference to be held at the Hilton Austin - Downtown in Austin, Texas. Genprex’s presentation is scheduled to take place on Tuesday, October 15 at 9:10 a.m. Central Time, led by its Chairman and CEO Rodney Varner, who will also be available for one-on-one meetings with investors. In addition, the presentation will be available via live webcast, with an archived recording to be provided for later viewing. To view the full press release, visit http://nnw.fm/sISn1 About Genprex, Inc. Genprex, Inc.…

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WednesdayOct 09, 2019 9:35 am

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Posts Credit Financing Update

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified-organic cannabis, today announced that it is reviewing alternative financing options to complete construction at its facilities in Ancaster, Ontario and phase 1a at Valleyfield, Quebec. Per the update, TGODF’s previously disclosed discussions for ordinary course commercial bank facilities and equipment leasing are no longer available on the acceptable terms within the timeframes required due to changing market conditions. Presently, the company has no debt and $56.7 million in cash available in Canada, including $40.2 million in restricted cash allocated to capital expenditures. Construction at Ancaster…

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TuesdayOct 08, 2019 12:04 pm

NetworkNewsBreaks – Dama Financial and Helix TCS (HLIX) Partner to Bring Legal Cannabis Industry Financial Solutions Through Market-Leading BiotrackTHC® Software

Dama Financial today announced finalization of a strategic partnership with Helix TCS (OTCQB: HLIX) to facilitate secure and compliant financial transactions on Helix’s BiotrackTHC® platform, the commercial seed-to-sale software market leader for the legal cannabis industry. According to the update, Helix TCS will offer an additional payment method and access to a banking solution to BiotrackTHC® licensees through integration of Dama’s payment processing software, PayMyWay℠. Using the PayMyWay℠ mobile app at point of sale, merchants will be able to accept electronic payments and access a compliant online bank account where sales revenue can be securely deposited. “We are constantly working…

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TuesdayOct 08, 2019 12:02 pm

NetworkNewsBreaks – The Wonderfilm Media Corporation (TSX.V: WNDR) (OTC: WDRFF) Acquires Steve McQueen Biography to Adapt into Feature Film

The Wonderfilm Media Corp. (TSX.V: WNDR) (OTC: WDRFF), a leading entertainment company with offices in Beverly Hills and Vancouver, announced in September that it has acquired Marshall Terrill’s 2010 biography Steve McQueen: The Life and Legend of a Hollywood Icon, which it is adapting into a feature film. Terrill spent ten years conducting research for the book, which has drawn the attention of top directors and a-list actors. Wonderfilm’s Jeff Bowler, Bret Saxon and Dan Grodnik will produce, and Terrill will serve as an executive producer and creative consultant for the film. Mitchell Welch also will exec produce. Among other…

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TuesdayOct 08, 2019 11:39 am

NetworkNewsBreaks – Finovate Recognizes 19 Fintech Leaders at First Annual Awards Ceremony

Finovate, an international fintech innovations showcase, today announced the winners of its first annual Finovate Awards. Per the update, the awards, which were held in New York’s Edison Ballroom on September 24, 2019, recognized leading companies and individuals across 19 different categories in the financial technology space. A panel of expert judges from across the fintech spectrum, including influencers, bankers, PR leaders, and members of the press, chose the winning companies from the more than 200 submitted nominations. With the nomination window opening in the spring of 2020, the Finovate Awards will return in the fall of 2020 to recognize…

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TuesdayOct 08, 2019 11:16 am

NetworkNewsBreaks – Supreme Cannabis Company Inc.’s (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Blissco Wellness Brand Receives Cannabis Oil Sales License

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that its premium wellness brand and a multi-licensed processor and distributor, Blissco Cannabis Corp., has received Health Canada licensing approval for the sale of cannabis oils from its facility in Langley, British Columbia. According to the update, the license allows Blissco to sell full spectrum cannabidiol (“CBD”) oil products, and Supreme Cannabis expects that the facility’s capacity will reach annual production of over 7,000,000 tincture bottles by the end of calendar year 2019. "With the receipt of the License and expanded extraction capacity, Blissco will be positioned to address…

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TuesdayOct 08, 2019 11:14 am

NetworkNewsBreaks – INmune Bio, Inc. (NASDAQ: INMB) to Present at Second Annual Advances in Immuno-Oncology USA Congress and World Immunotherapy Congress

INmune Bio (NASDAQ: INMB), a clinical-stage immunology company focused on developing treatments that harness the patient’s innate immune system to fight disease, today announced that its Co-Founder and CEO RJ Tesi, M.D., will present at the 2nd Annual Advances in Immuno-Oncology USA Congress taking place on October 8-9 in San Diego. In addition, Dr. Tesi and Director of Neuroscience CJ Barnum, Ph.D., will present at the World Immunotherapy Congress taking place from October 15-17 in Basel, Switzerland. “The immuno-oncology field is rapidly growing, and emerging new therapies are at the center of attention,” Dr. Tesi said in the news release.…

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