Breaks Categories: News

MondayJun 18, 2018 11:10 am

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) President and CEO Discusses Recent Company Activities in Interview on Uptick Newswire’s “Stock Day” Podcast

Global life sciences company Pressure BioSciences Inc.’s (OTCQB: PBIO) president and CEO Richard T. Schumacher was recently interviewed on Uptick Newswire’s “Stock Day” podcast. Among other highlights of the interview, Schumacher discussed the company’s sustained financial success, the noteworthy amount of debt it has converted into equity over the past 30 days, and upcoming plans for the company. Such plans include the company’s goal to up-list to a national exchange by the end of the year. PBIO is working diligently to meet the necessary requirements to up-list. “Although we are a QB company on the OTC Marketplace, we run the…

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MondayJun 18, 2018 10:34 am

NetworkNewsBreaks – GTX Corp (GTXO) Highlights Phase II Completion of George Mason University’s Machine Learning Wandering Prediction Research

GPS technology-focused holding company GTX Corp (OTC: GTXO) this morning announced that George Mason University’s College of Health and Human Services has successfully completed its Phase II machine learning wandering prediction research. Per the update, the recently published study explores the possibility of using machine learning methods applied to data from GPS trackers to create individualized models that describe patterns of movement. GTX Corp entered a collaboration with the university in the fall of 2016, with George Mason utilizing the company’s patented GPS SmartSole to study wandering habits in elderly people with Alzheimer’s and dementia.  “GTX has been at the…

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MondayJun 18, 2018 10:18 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Files Form 10 to Become Fully Reporting

SinglePoint, Inc. (OTCQB: SING) this morning announced the successful completion and filing of the company’s Form 10 Registration Statement with the Securities and Exchange Commission. This marks a significant achievement for the company by helping to establish credibility in the investment community. “We are ecstatic to have this completed and filed. We feel it really sets the company up for future successes. It’s a great foundational block to be fully reporting and provide the level of transparency to everyone that may become involved with the company. We believe that his level of transparency can accelerate our potential growth,” SinglePoint president…

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MondayJun 18, 2018 9:32 am

NetworkNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Subsidiary Closes Okanagan Falls Property Purchase

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced that its wholly-owned subsidiary, Sunniva Medical Inc. ("SMI"), has closed the purchase of a 126-acre industrial zoned property in Okanagan Falls, BC. The Sunniva Canada Campus, a facility designed to be a 740,000 sq. ft. Good Manufacturing Practice ("cGMP") compliant greenhouse, will be located on the newly purchased property. The total consideration of $7 million for the purchase is comprised of a $3.5 million cash payment with the remainder paid through a vendor take back mortgage financing ("VTBMF").  The VTBMF is for a one-year term with an…

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MondayJun 18, 2018 9:28 am

NetworkNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Closes Private Placement for Gross Proceeds of $10.1M

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has closed its previously detailed non-brokered private placement, issuing 14,225,352 shares for total gross proceeds of $10.1 million. Per the update, Aurora Cannabis Inc. (TSX: ACB) (OTC: ACBFF) is the cornerstone investor in this placement with its lead order of $7 million. “The financing provides us with the funds to accelerate the execution of our unique retail strategy moving forward,” Chris Bogart, CEO and president of Choom, stated in the news release. “We are now well positioned to expand our production and retail…

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FridayJun 15, 2018 1:52 pm

NetworkNewsBreaks – GreenBox POS, LLC (GRBX) Achieves Significant Milestone in Development of QuickCard Technology

Hardware and software technology company GreenBox POS, LLC (OTCQB: GRBX) yesterday announced that QuickCard, its latest blockchain payment and e-wallet technology development, has passed all deployment criteria and is now available for iOS and Android. Per the update, this world class technology, which is currently available for most platforms, will gradually replace existing installations of GreenBox payment technology and serve as the only available payment infrastructure for new clients moving forward. The company’s recent success in securing a robust commitments pipeline for its new technology has created opportunities in several new business verticals. As a result, GBRX’s updated gross revenue…

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FridayJun 15, 2018 11:02 am

NetworkNewsBreaks – Hello Pal International Inc. (CSE: HP) (OTC: HLLPF) (FSE: 27H) Partners with Shanghai Yitang Data Technology Co. Ltd. to Implement Blockchain Transformation

Hello Pal International (CSE: HP) (OTC Pink: HLLPF) (FSE: 27H) recently announced that it has entered into a cooperation agreement with Shanghai Yitang Data Technology Co. Ltd. to revamp the Hello Pal platform into a blockchain technology-based platform. The implementation of blockchain technology will increase the platform’s transparency and provide users with more control. Hello Pal is available for download on IOS and Android. "Blockchain technology and decentralization are a natural fit for Hello Pal," Hello Pal CEO K. L. Wong stated in the news release. "The company's mission has always been to bring the world closer together, and the…

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FridayJun 15, 2018 10:31 am

NetworkNewsBreaks – JGR Capital Issues Research Note on Solbright Group Inc. (SBRT)

Leading equity research firm JGR Capital recently issued an updated research note on Solbright Group Inc. (OTCQB: SBRT), an industrial automation and energy management company. In the update, JGR Capital makes note of a number of key highlights for Solbright, including the company’s 8.5x year-over-year revenue increase to about $2.5 million for the three-month period ended February 28, 2018. Notably, this revenue increase came alongside an improved gross profit margin of 37 percent. Other highlights noted in the report include Solbright’s continuous improvement of debt/assets to 0.6x versus 6.6x in the third quarter of 2017 following the Solbright Energy acquisition,…

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FridayJun 15, 2018 10:13 am

NetworkNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Closes Acquisition of Specialty Medijuana Products

British Columbia-based cannabis cultivation firm Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it is closing its acquisition of Specialty Medijuana Products Inc. ("SMP") today in accordance with an amended and restated amalgamation agreement among Choom, Arbutus Brands Inc. and International Tungsten Inc. The acquisition substantially improves and advances the company’s operational scale and production capacity. "We are excited to add SMP to the Choom group of companies under our Arbutus Brands subsidiary," Choom Holdings president and CEO Chris Bogart stated in the news release. "Arbutus Brands will add value to the entire Choom supply chain, from seed…

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FridayJun 15, 2018 9:43 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Details Issuance of Securities

Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) yesterday announced the issuance of a number of securities pursuant to previously issued news releases. Further to its May 18 release, the company issued an aggregate of 559,087 common shares to six arm’s length parties for gross proceeds of $305,000. Further to its May 22 release, the company issued an aggregate of 764,740 common shares to seven arm’s length parties, including common share purchase warrants, for gross proceeds of $472,200. Finally, further to its May 23 release, Petroteq issued an aggregate of 4,240,667 common shares to six…

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