Breaks Categories: News

FridayNov 16, 2018 1:48 pm

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Reviews Q3 2018 Financial Results and Double-Digit Revenue Growth, Provides Business Highlights

Global technology and value-added solutions group Net Element (NASDAQ: NETE) recently announced its financial results for the third quarter ended September 30, 2018 and provided an update on its strategic and operational initiatives. According to the update, the company’s net revenues were approximately $17.2 million for the three months ended September 30, 2018, up from approximately $14.9 million for the prior year. NETE attributes the increase as primarily driven by a growth in net revenues of approximately 19 percent, or $2.5 million, from its North American Transaction Solutions segment due to its acquisition of a transactional services portfolio and organic…

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FridayNov 16, 2018 12:14 pm

NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Issues Harvest Update for Joint Venture CBD Hemp Project in New Brunswick

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) with joint venture partner Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF) (FRANKFURT: GHG) issued an update on the harvest at the partners’ cannabinoid (“CBD”) hemp project in New Brunswick, Canada. According to the update, the 2018 cultivation comprised 125 acres contracted from four northeast New Brunswick farmers, and utilized three Health Canada approved cultivars with expected CBD content of 1.5 percent to 2.5 percent. “We want to thank the farmers for their creativity and willingness to find solutions to the challenges that arose as we worked through the…

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FridayNov 16, 2018 11:31 am

NetworkNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Reports Financial Results for Q3 2018

DPW Holdings (NYSE American: DPW) reported financial results for its third quarter ended September 30, 2018.  According to the update, the company’s revenue increased 159 percent quarter-over-comparative-quarter, with DPW anticipating tripled revenues in 2018 as compared to 2017. “During the third quarter, we continued to build and monetize our diverse business,” DPW CEO and Chairman Milton “Todd” Ault, III stated in the news release. “Our 159 percent revenue increase reflects growth among our acquisitions in defense, power supply and hospitality. We will continue to foster these and other emerging businesses with the goal of increasing our rate of return.” To…

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FridayNov 16, 2018 11:30 am

NetworkNewsBreaks – NetworkNewsWire Announces Launch of Innovative NNW North American Business Disclosure Network

Financial news and content distribution company NetworkNewsWire (NNW) this morning announced the launch of the NNW North American Business Disclosure Network, an innovative product designed to provide wire-grade distribution to all of North America with powerful benefits and no compromises, ensuring complete news dissemination via multiple channels. Per the update, the NNW North American Business Disclosure Network is unlike any other distribution solution on the market, as it includes an expansive network of wire services that ensures unparalleled news distribution to ever-expanding audiences. In addition to widespread distribution, the package includes press release enhancement services and a fold-up NetworkNewsBreak recap…

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FridayNov 16, 2018 11:01 am

NetworkNewsBreaks – Six Six Five Energy, Inc. (SSOF) Highlights Q3 2018 Financial Results

Six Six Five Energy, Inc. (OTC: SSOF) late Thursday announced its financial results for the third quarter of 2018, including its sales and margin growth for the three months ended September 30, 2018, and an update on its audit. Among the highlights, the company recorded revenues of $2.7 million for the three-month period, marking a year-over-year increase of 47 percent. Similarly, the company’s net margins increased to 14 percent in the third quarter of 2018, as compared to six percent in the prior year period. “In the third quarter we worked on consolidating our business, and going forward we expect…

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FridayNov 16, 2018 10:42 am

NetworkNewsBreaks – CytoDyn Inc.’s (CYDY) PRO 140 HIV Monotherapy Trial Data Selected for Presentation at CROI 2019

Biotechnology company CytoDyn (OTCQB: CYDY) today announced that data from its ongoing investigative trial of PRO 140 (leronlimab) as a single subcutaneous therapy in HIV-1 infected patients was accepted for a poster presentation at next year’s Conference on Retroviruses and Opportunistic Infections (“CROI”).  Vice President, Clinical Operations at Amarex Clinical Research Dr. Kush Dhody will present the abstract, “PRO 140 SC: Long-acting, Single-agent Maintenance Therapy for HIV-1 Infection,” at CROI 2019, to be held in Seattle March 4-7, 2019. “We are highly encouraged by the recently reported data from our monotherapy trial for patients receiving once-weekly injections of PRO 140…

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FridayNov 16, 2018 10:37 am

NetworkNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) Eyes Israel to Forge Strong Relationships and Banking Initiatives for Medical Cannabis

Redfund Capital (CSE: LOAN) (Frankfurt: O3X4) (OTC: PNNRF), with today’s announcement that the medical cannabis bill will go to the Knesset agenda, has commented on the potential of Israel to allow the medical export of its products to global markets. Redfund is in the process of compiling final due diligence protocols surrounding several identified Israeli clients to become portfolio companies to execute its growth strategy into North America and Europe. “We are looking to Israel as our next country to forge strong relationships with for our banking initiatives,” Redfund CEO Meris Kott stated in the news release. “Israel has always…

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FridayNov 16, 2018 10:01 am

NetworkNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Presenting at the New Green Frontier Conference

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, today announced that the company’s president and CEO Andriyko Herchak will deliver a main stage company presentation at the invitation-only New Green Frontier cannabis investor conference. The conference, which is anticipated to be attended by more than 350 investors, will take place at The Arcadian Court in Toronto on Monday, November 19, 2018. “I am excited to have the opportunity to share our story and prospects for the future. We are committed to increasing our visibility in the investment community and the New Frontier…

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FridayNov 16, 2018 9:31 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Plans for New Financing in Interview on MoneyTV

SinglePoint (OTCQB: SING) was a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program discussing “money and what makes it happen.” In this week’s episode, SinglePoint CEO Greg Lambrecht reiterated the company’s recent announcement that it has secured $5 million in financing from an existing institutional shareholder. “We spent a lot of time and money on becoming fully reporting, so we were able to renegotiate and get very favorable terms on the money we brought in. Of course, we're bringing this money in for acquisitions and to follow up on some…

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ThursdayNov 15, 2018 11:20 am

NetworkNewsBreaks – NetworkNewsWire to Serve as the Official Social Media Sponsor of VanFUNDING 2018

NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company, this morning announced that it has been engaged as the official social media sponsor of the upcoming VanFUNDING 2018: CONVERGE (“VF2018”) conference. The leading fintech and capital conference will take place November 29-30, 2018, at the JW Marriott Parq Vancouver in Vancouver, B.C. The conference will explore various topics including blockchain, artificial intelligence, fintech and funding innovations, global market developments and alternative investing opportunities. As the official social media sponsor of VF2018, NNW will feature VanFUNDING 2018 on its website and the website of its sister brand CryptoCurrencyWire. NNW is also…

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