Breaks Categories: News

TuesdayAug 21, 2018 9:29 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Reaches Fully Reporting Status; Posts Q2 Financial Results

SinglePoint (OTCQB: SING) this morning announced that it has achieved fully reporting status by filing Form 10-12G. The company also reported year-over-year progresses for the second quarter and six months ended June 30, 2018. The company reported a revenue increase of almost 100% from the second quarter of 2017 to the second quarter of 2018. The company attributes its revenue of over $500,000 during the first six months of 2018 primarily to numerous positive acquisitions. SinglePoint aims to continue fast-tracking revenue growth through strategic acquisitions and anticipates further organic growth. “As a fully reporting company, I believe we will have…

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MondayAug 20, 2018 9:41 am

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Announces Launch of Direct Selling Initiative through CBD Biotechnology Co. Ltd.

ChineseInvestors.com, Inc. (OTCQB: CIIX), the premier financial information website for Chinese-speaking investors, this morning announced that its wholly owned foreign enterprise, CBD Biotechnology Co. Ltd., has launched a two-tier direct selling initiative to accelerate its CBD sales into China. The company also announced its appointment of marketing expert Fengxian Xie as president of its CBD Community Center in Shanghai, effective immediately. Per the update, the goal of the CBD Community Center initiative is to establish a new, effective marketing channel to further stimulate demand for CBD Biotech’s innovative CBD-infused skin care products. “I am honored to have been chosen to…

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MondayAug 20, 2018 9:27 am

NetworkNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Awarded DTC and CNS Eligibility for US-Listed Shares

Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) this morning announced that it has been awarded Depository Trust Company (DTC) and Continuous-Net-Settlement (CNS) eligibility for its common shares listed on the OTCQX® Best Market. Per the update, the DTC manages the electronic clearing and settlement agency serving publicly traded companies in the U.S., providing an electronic method of clearing securities that speeds up the receipt of stock and cash while accelerating the settlement process. CNS, on the other hand, is an automated book-entry accounting system that aims to centralize the settlement of security transactions while maintaining an orderly flow of security…

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FridayAug 17, 2018 1:39 pm

NetworkNewsBreaks – Agritek Holdings, Inc. (AGTK) Requests Form 10-Q Report Extension for Fiscal Period Ended June 30, 2018

Cannabis-focused real estate investment company Agritek Holdings, Inc. (OTCQB: AGTK) yesterday announced its filing of an extension in order to properly file its Form 10-Q for the period ended June 30, 2018. Per the update, the company attributes the delay to multiple new corporate developments, including recent debt consolidation and related financings aimed at increasing asset value. “We have every intention of filing our 10Q Report and have always remained fully reporting over the last several years to maintain our uplisting on the OTCQB,” B. Michael Friedman, CEO of Agritek, stated in the news release. “Management is working diligently with…

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FridayAug 17, 2018 9:54 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Engages Blockchain Engineering Firm to Advance Development of PetroBLOQ Applications

Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) this morning announced that it has engaged MetzOhanian, a software engineering firm based in Austin, Texas, to develop blockchain applications for PetroBLOQ. Per the update, MetzOhanian specializes in blockchain engineering, supply chain management software development and digital security consulting. The firm will be working with PetroBLOQ to develop blockchain applications aimed at improving supply chain transparency and efficiency within the oil and gas sector. “While we believe we are in the early days of blockchain application in the energy industry, the potential for PetroBLOQ’s blockchain principles to create…

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FridayAug 17, 2018 9:39 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Reports Financial Results for 2Q2018

Automotive technology company Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning reported its financial results for the second quarter of 2018. Among the highlights, the company ended the three-month period with $19.6 million in cash and short-term deposits, up from $18.3 million the previous year. Foresight also highlighted its progress toward commercializing its innovative automotive vision technology. “During the second quarter, we announced the first sales of our QuadSight™ prototype. The prototypes were ordered by a truck division of a large European vehicle manufacturer and by a leading global Chinese electric vehicle manufacturer, as both companies indicated their…

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ThursdayAug 16, 2018 1:23 pm

NetworkNewsBreaks – WhereverTV Broadcasting Corp. (TVTV) Signs Popular Broadcaster Storme Warren

WhereverTV Broadcasting (TVTV) today announced that it has signed revenue sharing and brand ambassador agreements with Storme Warren. Warren, an American radio and television broadcaster best known as the host of The Storme Strome, will host his own Over The Top (“OTT”) platform based channel entitled “StormeTV”. The first program will be entitled “Storme’s Corner” and feature unedited, unscripted interviews with top country musicians. “We are so excited to have such a consummate and highly regarded professional in the eyes of his peers, bring his unique talents to WhereverTV and WhereverTV Country,” WhereverTV CEO Edward D. Ciofani stated in the…

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ThursdayAug 16, 2018 12:39 pm

NetworkNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Subsidiary Secures $250M Coffee Contract

Leading omni-direct lifestyle company Youngevity International, Inc. (NASDAQ: YGYI) recently announced that its wholly owned subsidiary, CLR Roasters, has entered into a five-year contract for the sale and processing of over 41 million pounds of green coffee on an annual basis. Referencing current coffee prices and futures, the company estimates that this contract will generate revenues in excess of $50 million per annum throughout the five-year term. “We have invested millions of dollars in our coffee operations with our sights on creating value for our business,” Steve Wallach, CEO of Youngevity, stated in the news release. “A contract of this size…

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ThursdayAug 16, 2018 11:32 am

NetworkNewsBreaks – Patriot One Technologies Inc. (TSX.V: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) Secures Technology Funding through Agreement with International Defense Contractor

Patriot One Technologies Inc. (TSX.V: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) recently announced that it has reached an agreement in principle with a major international defense contractor. Per the terms of the agreement, Patriot One will receive funding toward the development and integration of its PATSCAN CMR technology, subject to certain governmental approvals. The purpose of the agreement is to extend the technical development of Patriot One’s cognitive microwave radar technology, surpassing the initial goals of the company. This will be comprised of a two stage, several million dollar non-dilutive funding for the development of the PATSCAN CMR technology to include…

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ThursdayAug 16, 2018 9:57 am

NetworkNewsBreaks – Zenergy Brands, Inc. (ZNGY) Reports Q2 Financial Results

Next-generation energy and technology company Zenergy Brands (OTC: ZNGY) this morning announced that it has filed its Form 10-Q with the SEC, reporting financials from the second quarter of 2018. The company reported total revenue of $464,404 during the second quarter of 2018, demonstrating an increase of 54% when compared to the total revenue of $301,809 from the previous quarter. Zenergy attributes the revenue growth primarily to the company’s retail electricity services, and energy conservation and efficiency contracts. The company also reported an increase in growth profit of 17% from the previous quarter, totaling $109,315 for Q2. Zenergy’s Zero Cost…

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