Breaks Categories: News

WednesdayJan 02, 2019 11:09 am

NetworkNewsBreaks – Earth Science Tech, Inc. (ETST) Reviews Numerous Major Achievements and Positioning for Pivotal 2019

Innovative biotechnology company Earth Science Tech (OTCQB: ETST) on Monday reviewed the company’s achievements from 2018 as well as business plans and initiatives for 2019. Per the update, the company’s accomplishments include strategic expansion of its executive team, achievement of full SEC reporting status, uplisting to the OTCQB Exchange, initiating a DRTV media campaign with Kevin Harrington’s award-winning production company As Seen On TV, achieving a first commercial production run of its Hygee medical device kits, initiating a company partnership with Bionatus, and engaging Canadian Securities Exchange (CSE) counsel expertise to assist with dual listing. “In 2018, we made sufficient…

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WednesdayJan 02, 2019 9:59 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) and MTrac Provide Shareholder Update, Look Back at Accomplishments and Forward to Extraordinary 2019

Global Payout (OTC: GOHE) together with its wholly-owned subsidiary MTrac Tech Corp. on Monday announced an update from Chief Executive Officer Vanessa Luna to provide shareholders clarity on numerous business endeavors and aspirations for the new year. According to the update, continued focus will be placed on generating revenue for MTrac as well as completing several goals for Global Payout, including the filing of Form 10. “As I look ahead to 2019, it is no secret that our primary focus is on continuing to drive revenue and on working to increase our market valuation in a very competitive and challenging…

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WednesdayJan 02, 2019 9:30 am

NetworkNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Subsidiaries Receive Debt Financing to Decrease Defense Sector Order Backlog

Diversified holding company DPW Holdings (NYSE American: DPW) recently announced that two of the company’s subsidiaries secured $700,000 in debt financing, driving its effort to cut the order backlog for the defense sector businesses of Coolisys Technologies, Inc. including its subsidiary, Enertec Systems 2001, Ltd. and Microphase Corporation Inc. The current backlog of these businesses encompasses $17,500,000. $10,500,000 of the backlog is estimated to have a gross profit margin of 28% for fiscal year 2019 and the remaining $7,000,000 has a gross profit margin of roughly 40%. “This funding is strategic as it begins our renewed efforts to reduce the…

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FridayDec 28, 2018 10:53 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Positioned for Opportunity with Federal Legalization of Hemp

Technology and investment company SinglePoint (OTCQB: SING) this morning announced its plans to explore opportunities to produce industrial hemp through joint ventures with leading growers, as well as a potential investment in a development program for cannabidiol (“CBD”) extraction from hemp with passage of the 2108 Farm Bill. New legislation removes the schedule one substance designation for hemp and provides tremendous opportunity for SING and the company’s subsidiary, SingleSeed.com, an ecommerce-based business that sells and supplies industrial-based hemp CBD products. “We are excited for these new opportunities in the hemp market and have been preparing the company to be in…

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FridayDec 28, 2018 9:26 am

NetworkNewsBreaks – Icon Exploration Inc. (TSX.V: IEX.H) Director and CEO Exercises Share Purchase Warrants

To update the early warning report issued in August 2017 filed by Icon Exploration (TSX.V: IEX.H) director and CEO Rob Fia, the company recently announced the issuance of 312,500 common shares of the company to Fia at a price of $0.15 each pursuant to the exercise of share purchase warrants. Following the warrant exercise, Fia has ownership and control of 4,613,312 shares of the company. Fia’s resulting interest in Icon is 13.9%, which is a loss of about 2% since August 2017 due to dilution following the completion of a private placement and warrant exercises by other individuals. To view…

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ThursdayDec 27, 2018 11:18 am

NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Files Form S-1 Registration Statement to Receive up to $10M to Fund Expansion

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced its filing of Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) as an important step in its efforts to raise the necessary capital for funding its projects and expanding operations in 2019. MCOA’s registration statement included a prospectus for the resale of up to 500,000,000 of its common shares, issuable to K&J Funds, LLC, a selling stockholder, pursuant to a “put right” under an investment agreement, dated December 20, 2018, that the company entered into with K&J. The agreement permits MCOA to “put” up…

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ThursdayDec 27, 2018 9:40 am

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Acquires Cash Flow Portfolio from Argus Merchant Services, LLC and Treasury Payments, LLC

Net Element (NASDAQ: NETE) this morning announced the acquisition of certain transactional services portfolio (cash flow) assets from Argus Merchant Services, LLC and Treasury Payments, LLC. The global technology and value-added solutions group, through its subsidiary Unified Portfolio Acquisitions, acquired the assets for a total of $1.42 million. The cash flow assets are anticipated to produce more than $4 million in gross profits over the next four years, with continued profits to follow. Argus’ total billing commitment to NETE’s Unified Payments subsidiary is projected to create more than $19 million in gross margin over the next five years. “The transactional…

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ThursdayDec 27, 2018 9:35 am

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Engages Boustead Securities, LLC as Sponsor and Underwriter for Planned IPO of CBD Biotech

ChineseInvestors.com (OTCQB: CIIX), developer of a proprietary financial news media and content platform providing information to the global Chinese-speaking community, this morning announced its retention of Boustead Securities, LLC. Boustead will serve as underwriter for the planned Initial Public Offering ("IPO") of CIIX’s wholly owned foreign enterprise, CBD Biotech Co. Ltd., concurrently with a listing on a national securities exchange. “This is part of a series of actions we have put into place to execute on our strategic plan to spin-out CBD Biotech,” Chinese Investors.com Founder, CEO and Chairman Warren Wang stated in the news release. “Additionally, we believe that…

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WednesdayDec 26, 2018 10:29 am

NetworkNewsBreaks – CytoDyn Inc. (CYDY) Appoints Chief Technology Officer Nitya G. Ray, Ph.D.

Biotechnology company CytoDyn (OTCQB: CYDY) today announced that it has named Nitya G. Ray, Ph.D. to serve as its new chief technology officer – head of process sciences, manufacturing & supply chain.  Dr. Ray, from November 2015 to June 2017, served as CytoDyn’s senior vice president of manufacturing.  Most recently, he served Actinium Pharmaceuticals, Inc. as its executive vice-president, head of product development, manufacturing and supply chain. Prior to joining CytoDyn in 2015, Dr. Ray was senior vice president at Progenics Pharmaceuticals, Inc. and, during his 14-year tenure there, was responsible for manufacturing, process and analytical sciences, and quality control.…

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WednesdayDec 26, 2018 9:56 am

NetworkNewsBreaks – Earth Science Tech, Inc. (ETST) Engages Counsel to Assist with Canadian Securities Exchange Dual Listing

Innovative biotechnology company Earth Science Tech (OTCQB: ETST) on Monday announced its engagement with Fasken, a law firm with extensive Canadian Securities Exchange (CSE) expertise, to assist with its Canadian dual listing. In moving forward with ETST’s dual listing of its common shares on the CSE, announced in early December, Fasken will assist throughout the process, including preparation and filing of the required documentation. “We are pleased to announce we are moving forward with our Canadian dual listing,” ETST President, Director and Chairman Nickolas S. Tabraue stated in the press release. “Fasken is a trusted law firm that works with…

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