Breaks Categories: News

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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WednesdayDec 26, 2018 9:25 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Executes Licensing Agreement with GreenBox POS (GRBX)

Global Payout (OTC: GOHE) recently announced the execution of a license agreement with GreenBox POS (OTC: GRBX) to utilize its innovative blockchain payment technology in providing payments to various industries that have been classified as low and high-risk by traditional merchant processors. MTrac Tech Corp., a wholly-owned subsidiary of GOHE, holds an exclusive licensing agreement with GreenBox for specific industries. “While the last year has been dedicated to the development and launch of MTrac, we have also been planning to expand the reach of Global Payout for some time,” MTrac CEO Vanessa Luna stated in the news release. “The extension…

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FridayDec 21, 2018 3:17 pm

NetworkNewsBreaks – Black & Veatch Advises Investors to Prepare for 5G Rollouts

The impending introduction of fifth-generation cellular wireless, or 5G, was highlighted in a recent article published by Black & Veatch, titled ‘With 5G around the bend, Black & Veatch e-Book presses: Start planning now’. Although 5G is perceived as a critical advancement to permit faster delivery of data and prompt connectivity, it is also predicted to bring significant complexities in future technology deployment. Additionally, the article references Black & Veatch’s recently published e-Book, titled ‘5G: A New Digital Dawn,” which shines a light on the intricacies and potential applications of 5G, with a conclusion suggesting stakeholders to begin preparing now.…

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FridayDec 21, 2018 9:56 am

NetworkNewsBreaks – Marijuana Company of America, Inc. (MCOA) Positioned for Opportunity with Passage of Farm Bill

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced its optimism with recent passage of the 2018 Farm Bill. Under the bill, the industrial hemp plant and its extracts, including Cannabidiol (“CBD”), containing less than 0.3 percent of THC, will no longer be labeled as a Schedule 1 Drug and will be made a legal commodity, enabling U.S. cultivation and distribution subject to compliance with Farm Bill provisions and associated federal and state regulations and licensing. Per the update, the Brightfield Group’s Hemp CBD Report of 2018 projects that, with passage of the Farm Bill,…

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FridayDec 21, 2018 9:27 am

NetworkNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTC: PHVAF) Applauds the Passing of the 2018 Farm Bill; Appoints New Member to Board of Directors

Hemp-cultivated cannabinoid innovator Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) recently commented on the successful passing of the 2018 Farm Bill. The bill removes hemp from the Controlled Substances Act, enabling the commercial cultivation and production of industrial hemp in the United States. “The passing of the 2018 Farm Bill clarifies hemp production and will bolster the growing acceptance of hemp-derived products containing CBD,” Phivida Holdings President and CEO Jim Bailey stated in the news release. “In particular, we expect it will have a positive impact on both of our Vida+ brand (www.HempVidaPlus.com) and Oki lifestyle brand of beverages, tinctures and…

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