Breaks Categories: News

WednesdaySep 05, 2018 10:02 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Announces Additional Investment in StakeHaul

SinglePoint, Inc. (OTCQB: SING) this morning announced its completion of an additional investment in StakeHaul, the premier peer-to-peer betting application. StakeHaul offers a unique way for individuals to bet on anything, from the NFL’s week one matchups to a weekend round of golf. Per the update, StakeHaul has had over 70,000 lifetime downloads and consistent double-digit percentage growth in both monthly active users and bets placed on the platform. The StakeHaul team is currently finalizing testing for a new peer-to-peer payment model for lost bets in both USD and cryptocurrency, which will be a first in the industry. This push…

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WednesdaySep 05, 2018 9:57 am

NetworkNewsBreaks – Zenosense, Inc. (ZENO) MIDS Medical Ltd. JV Secures Up to $1.2M in Staged Funding

Zenosense (OTC: ZENO), a healthcare technology company, this morning announced that its MIDS Medical Ltd. (“MML") joint venture (“JV”) has entered a staged funding for the next phase of development of the MIDS Cardiac™ hand-held technology. MML entered into an agreement with a third-party investor for funding of up to a total of $1,200,000 on August 31, 2018. The funding is anticipated to cover the expenses of the next key development phase intended to prove that the MIDS magnetic detection method can detect and accurately quantify a live high sensitivity (“HS”) assay on the MIDS microfluidic test strip. Per the…

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WednesdaySep 05, 2018 9:18 am

NetworkNewsBreaks – Hunter Oil Corp. (TSX.V: HOC) (OTCQX: HOILF) to Pay Return of Capital Distribution to Shareholders of Record

Hunter Oil (TSX.V: HOC) (OTCQX: HOILF) recently announced that it will pay a return of capital distribution of CAD $1.625 (approximately USD $1.25) per common share of the company to all registered shareholders of record at the close of business on September 11, 2018. The distribution represents the proceeds the company received from the sale of its assets, less outstanding liabilities and USD $2,500,000 for working capital. The distribution to unregistered shareholders holding through intermediaries will be made in accordance with the “due bill” trading procedures of the TSX Venture Exchange. The purpose is to have traded shares carry the…

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WednesdaySep 05, 2018 9:05 am

NetworkNewsBreaks – CytoDyn Inc. (CYDY) to Develop PRO 140 as Therapy for Triple-Negative Breast Cancer

Biotechnology company CytoDyn Inc. (OTCQB: CYDY) this morning detailed its plan to develop PRO 140 (leronlimab) as a therapy for metastatic triple-negative breast cancer. Per the update, previously announced findings from preclinical studies showed the ability of PRO 140 to block human breast cancer cellular invasion in a surrogate assay for metastatic breast cancer. “We plan to aggressively pursue the development of PRO 140 as a therapy for women with metastatic triple-negative breast cancer, which is in keeping with our strategy to evaluate PRO 140 in certain cancers and immunological indications where CCR5 antagonism has shown initial promise,” Nader Pourhassan,…

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TuesdaySep 04, 2018 11:39 am

NetworkNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Develops Proprietary Cannabinoid Extraction Protocol

Health sciences company PreveCeutical Medical (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) today announced that it has successfully optimized its extraction protocol during its soluble gel ("Sol-gel") drug delivery research and development program. The company augmented the circumstances for extracting cannabinoids from one of its cannabis strains and established a proprietary method for the accurate quantification of cannabinoids present in the extract. The accuracy and precision of the company’s extraction protocol was confirmed against eight commercial cannabinoid standards over a wide concentration range. PreveCeutical anticipates that the new protocol will accelerate the creation of a library of chemically fingerprinted cannabinoid extracts.…

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TuesdaySep 04, 2018 11:21 am

NetworkNewsBreaks – The Flowr Corp. Announces Close of C$36M Offering

The Flowr Corp., a Canadian licensed producer that focuses primarily on premium flower production, this morning announced that it has closed its offering of subscription receipts, which was previously oversubscribed and raised approximately C$36 million. Per the update, the offering is a further step toward completing the company’s previously announced plan to effect a reverse takeover of The Needle Capital Corp., which is anticipated to occur on or before September 10. “Completing this oversubscribed offering is another exciting milestone on Flowr’s journey to producing the finest cannabis experience in the world as well as an acknowledgement of investors’ belief in…

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TuesdaySep 04, 2018 10:48 am

NetworkNewsBreaks – Earth Science Tech, Inc. (ETST) Reaches Fully Reporting Status with the SEC

Biotechnology company Earth Science Tech (OTC: ETST) this morning announced its Form 10 filing effective date of August 29, 2018, making the company fully reporting with the Security Exchange Commission (“SEC”). ETST is now subject to the reporting requirements of the Exchange Act of 1934, as amended. “With our Form 10 filing now effective, ETST is progressing towards fulfilling its goals,” Earth Science Tech president, director and Chairman Nickolas S. Tabraue stated in the news release. “Following this achievement, we anticipate to up-list to the OTCQB tier in early September, due to our early application submission with OTC Markets Group,…

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TuesdaySep 04, 2018 10:23 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) CEO to Present at 20th Annual Rodman & Renshaw Global Investment Conference

Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) this morning announced that it will be presenting at the 20th Annual Rodman & Renshaw Global Investment Conference sponsored by H.C. Wainwright & Co., LLC. The conference will be held on September 4-6, 2018, at the St. Regis New York Hotel in New York City. Per the update, David Sealock, CEO of Petroteq, will present at the event and discuss Petroteq’s recent highlights, including its finalization of continuity testing at its Asphalt Ridge facility, its entry into a non-binding LOI to pursue additional acreage and resources in Utah and other updates. Sealock will…

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TuesdaySep 04, 2018 10:08 am

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) and Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) Extend First Milestone Option

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced that it has reached an arrangement regarding its investor rights agreement with Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) to extend Aurora’s exercise deadline of its first milestone option by six weeks. The milestone option, which entitles Aurora to acquire an additional 8% of the common shares of the company, will now expire on October 12, 2018. “The Aurora partnership has been incredibly beneficial for both parties to date,” The Green Organic Dutchman Holdings CEO Brian Athaide stated in the news release.…

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TuesdaySep 04, 2018 9:28 am

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Records Significant Revenue Growth in FY2018 Financial Results

ChineseInvestors.com, Inc. (OTCQB: CIIX), the premier financial information website for Chinese-speaking investors, this morning announced its financial results for fiscal year 2018, as well as its outlook for fiscal year 2019 as the company continues its operations through both financial services and consumer products business segments. Per the update, the company’s gross operating revenues for the fiscal year ended May 31, 2018, were up 41 percent year-over-year, an increase that CIIX attributed to consumer product sales through its ChineseHempOil.com Inc. and CBD Biotechnology Co., Ltd. subsidiaries. “We have seen significant growth in revenue in the fiscal year ended May 31,…

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