Breaks Categories: News

ThursdayJun 21, 2018 9:47 am

NetworkNewsBreaks – Marijuana Company of America, Inc. (MCOA) and Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) Post Update on New Brunswick Project

Marijuana Company of America Inc. (OTC: MCOA) and joint venture partner Global Hemp Group, Inc. (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) this morning posted an update on their hemp project in northeast New Brunswick. Per the update, the companies recently completed the planting of 125 acres of industrial hemp at the project location and were awarded a grant of $10,750 from the New Brunswick Department of Aquaculture, Agriculture and Fisheries (“DAAF”) to support demonstration projects it will undertake during the current cropping season. The grant will be used to study the impact of the European Corn Borer (“ECB”) on the…

Continue Reading

ThursdayJun 21, 2018 9:38 am

NetworkNewsBreaks – EVIO, Inc. (EVIO) Adds Tech Industry Veteran Donald R. Gibbs to Board of Directors

EVIO, Inc. (OTCQB: EVIO), a leading provider of cannabis testing and scientific research for the regulated cannabis industry, this morning announced that Donald R. Gibbs, CPA, CMA has joined its board of directors as an independent director and chair of the audit committee. Per the update, Gibbs brings more than three decades of technology industry experience to the EVIO team, having served in many executive C-suite positions for Canadian and U.S. companies, including Mitel Corporation, Cognos Inc., Positron Fiber Systems Inc. and AirIQ Inc. “We are pleased to have an executive of Don's caliber and expertise joining the EVIO board…

Continue Reading

ThursdayJun 21, 2018 9:12 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Secures $5.5M Through Private Placement

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that it has entered into private placement agreements with Harel Insurance, a prominent Israeli institutional investor. Per the agreement, Foresight will issue 9,756,097 ordinary shares at approximately $0.56 per ordinary share, subject to customary closing conditions. The company also agreed to issue warrants to purchase 9,756,097 ordinary shares at an exercise price of $0.80 per share, exercisable for a period of 24 months. Upon the closing of the private placement, which totaled $5.5 million, Harel Insurance will hold a total of roughly 8.15% of Foresight’s issued share capital. To view…

Continue Reading

WednesdayJun 20, 2018 10:25 am

NetworkNewsBreaks – Sharing Services, Inc. (SHRV) Achieves Record-Breaking Revenues in April 2018

Sharing Services, Inc. (OTC: SHRV) this morning reported that it has achieved a new milestone as gross sales for the month of April have reached over $3.5 million, representing a new record for the company. The upsurge in revenue follows Sharing Services’ release of a new health and wellness product line. "We are very pleased that our sales continued to grow at a fast pace in April. Our customers are seeing great results in our ‘Elevacity’ products, and this is having a direct impact on sales revenue,” Sharing Services CEO John “JT” Thatch stated in the news release. “We also…

Continue Reading

WednesdayJun 20, 2018 10:06 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Details Plans to Expand Advisory Board

Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) this morning announced a new initiative to expand the size and scope of its advisory board. “With the recent initiation of production at our facility, we have a backlog of interest from partners around the world for which a visit to an operating facility was the logical next step,” Alex Blyumkin, executive chairman of Petroteq, stated in the news release. “Our plan is to add experienced energy entrepreneurs and executives to our ranks to handle the inquiries we have been fielding, as well as develop new opportunities…

Continue Reading

WednesdayJun 20, 2018 9:54 am

NetworkNewsBreaks – GTX Corp (GTXO) Engages NetworkNewsWire for Corporate Communications Solutions

GTX Corp (OTC: GTXO) this morning announced that it has engaged the corporate communications expertise of NetworkNewsWire (“NNW”). GTXO is a GPS technology-focused holding company that was founded on a “Big Idea” with the simple premise of locating persons or possessions at the touch of a button. The company’s patented products and solutions deliver real-time, continuous location coordinates that provide users with greater security and peace of mind. As part of the Client-Partner relationship with GTX Corp, NNW will employ its investor-based distribution network of over 5,000 key syndication outlets, various newsletters, social media channels, blogs and other outreach tools…

Continue Reading

WednesdayJun 20, 2018 9:30 am

NetworkNewsBreaks – EVIO, Inc. (EVIO) Preparing for Increased Demand as California’s July 1 Testing Deadline Approaches

EVIO, Inc. (OTCQB: EVIO), a leading provider of cannabis testing and scientific research for the regulated cannabis industry, this morning detailed its recent expansion to meet increased cannabis testing demand following California’s July 1 testing deadline. The regulations set forth by California's Bureau of Cannabis Control state that, beginning July 1, a licensed retailer may only sell cannabis goods that have met all state-mandated testing requirements. Among EVIO’s efforts, the company’s EVIO Labs Berkeley facility is in the process of becoming ISO 17025 accredited – the highest recognized quality standard in the world for calibration and testing laboratories. “The new…

Continue Reading

WednesdayJun 20, 2018 9:23 am

NetworkNewsBreaks – Lithium Chile Inc. (TSX.V: LITH) (OTC: LTMCF) Prepares to Commence Exploration Drill Program on Ollague Project

Lithium Chile (TSX.V: LITH) (OTC: LTMCF) this morning announced that it has received written consent from the community of Ollague to begin an exploration drilling program on its Ollague project. The company is proceeding with drill mobilization and expects drilling to begin soon. The program will comprise of four holes drilled to a minimum 250 meters based on drilling conditions and brine content. Data collection will include lithology and depth-specific geochemical samples. Brine sampling will also be completed. Lithium Chile will seek to permit additional exploration and development programs at Ollague upon the successful completion of the first four holes…

Continue Reading

TuesdayJun 19, 2018 2:43 pm

NetworkNewsBreaks – Square Inc. (NYSE: SQ) Granted New York Virtual Currency License, Bitcoin Price Surges

The price of bitcoin recorded a significant spike on Monday following news that the New York State Department of Financial Services had granted Square Inc. (NYSE: SQ) a virtual currency license. Per Coindesk, the cryptocurrency’s price climbed from a Monday low of $6,404 to a high of $6,729 over the course of about seven hours. Award of this license marks a major milestone for Square, as New York-based users of the company’s Cash App can now buy and sell bitcoin in real-time. This certification further solidifies Square’s position as one of the most high-profile firms currently operating in the cryptocurrency…

Continue Reading

TuesdayJun 19, 2018 12:33 pm

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Hosts Media Day, Initiates Production at Asphalt Ridge Oil Extraction Facility

Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) has successfully unveiled its environmentally friendly heavy oil processing and extraction plant located at the Asphalt Ridge in Uintah Basin, Utah. In addition, company management leveraged the opportunity of this media day to commence production at the plant. Members of the press received a complete explanation and demonstration of the production process. Petroteq plans to hold a formal grand opening of the plant in September of 2018. "This event at the plant was a culmination of two years of hard work by our entire team and getting…

Continue Reading