Breaks Categories: News

TuesdayFeb 13, 2018 11:02 am

NetworkNewsBreaks – MoneyOnMobile, Inc. (MOMT) Raises $5M from S7 Group

MoneyOnMobile (OTCQB: MOMT), one of the largest phone-based payment networks operating in India, recently announced that it has successfully completed a $5 million fundraise from the S7 Group, a private aviation and aerospace holding company in Russia. The raise will deliver new capital through the issuance of Series H Convertible Preferred Shares. "This capital infusion will enable us to continue to execute our business plan and drive growth across our product lines. As part of the deal we will bring to our board a strategy for how to leverage technologies the S7 Group has used to identify new growth opportunities,…

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TuesdayFeb 13, 2018 10:45 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) and Smart Cannabis Corp. (SCNA) Expand Joint Venture

SinglePoint, Inc. (OTCQB: SING) and Smart Cannabis (OTC: SCNA) this morning announced the companies have expanded their joint venture agreement providing SinglePoint with the rights to sell Smart Cannabis' Smart by Design greenhouses. Per the terms of the agreement, SinglePoint will have an exclusive agreement on Smart Cannabis products sold and installed within Arizona, including the company's line of SMART by Design™ automated greenhouse systems and the soon-to-be-released "Track and Trace Software System." "We are excited about this opportunity. The company has some great connections in Arizona and some soft commitments on potentially purchasing some greenhouses from us. Additionally, we…

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TuesdayFeb 13, 2018 10:32 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Bolsters PotSaver Sales Team

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it has expanded the sales team for its PotSaver brand in an effort to extend its reach beyond the San Diego market and into surrounding metro areas, including Los Angeles. PotSaver is focused on bolstering advertising opportunities and providing compliance services for operators in the newly-formed recreational cannabis markets of California. The company has strengthened its San Diego publication’s advertiser base in recent weeks following entry into an agreement with digital media platform operator EyeChronic.TV, and it expects to release its…

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TuesdayFeb 13, 2018 10:03 am

NetworkNewsBreaks – Epazz, Inc. (EPAZ) ZenaPay Releases Updated Version of Blockchain Wallet Supporting Multiple Cryptocurrencies

Epazz (OTC: EPAZ), a leading provider of blockchain cryptocurrency mobile apps and cloud-based business software solutions, this morning announced that the company ZenaPay is releasing the new version of its Blockchain wallet on the Google Play Store. The new wallet boasts an updated start screen that shows users their inventory of each cryptocurrency, now including muBitcoin and Ethereum. It has been downloaded more than 23,000 times on the Android Play Store and the company intends to release the IOS version in the coming weeks. “During the process of developing the next releases, we began to create a new technology, which…

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TuesdayFeb 13, 2018 9:52 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Announces Positive Drill Results from Historic Bellellen Mine

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced positive drill results from the historic Bellellen mine in the Cobalt Camp, Ontario. Drilling at Bellellen commenced in January 2018 with 13 holes of over 1,100 meters. Per the update, early results from these drilling efforts confirm the presence of high grade cobalt and nickel along the known Bellellen vein system south of the historic mine workings. “First assays from Bellellen drilling confirm the grades found in muckpile material sampled in 2017 and support our view that we now have a third area of interest…

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TuesdayFeb 13, 2018 9:19 am

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) Achieves Record-Breaking Revenues in January

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning announced its revenues for January 2018, which marked the company’s highest monthly sales results thus far. Per the release, Diamond CBD recorded revenues of $2.19 million for the first month of 2018, marking a month-over-month increase of roughly 50 percent as compared to December’s total of $1.46 million. “We have moved into 2018 with continuing growth in our sales results which has heightened our expectations for the year,” Richard Goulding, MD, CEO of PotNetwork, stated in the news release. “In 2017 we experienced steady growth and with…

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MondayFeb 12, 2018 2:03 pm

NetworkNewsBreaks – Monaker Group, Inc. (MKGID) Completes Reverse Stock Split in Preparation for Proposed Nasdaq Uplisting

Travel and technology company Monaker Group, Inc. (OTCQB: MKGID) this morning announced that its board of directors has approved a 1-for-2.5 reverse split of the company’s issued and outstanding common stock. With the successful implementation of the split taking place prior to market opening on Monday, the company is expected to meet the final requirements for listing on the Nasdaq Capital Market within the coming weeks. “We believe that listing on NASDAQ should help broaden our shareholder base, increase appeal to institutional investors, provide shareholders with better liquidity and, as a result, could ultimately contribute to increasing shareholder value,” Bill…

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MondayFeb 12, 2018 1:24 pm

NetworkNewsBreaks – AzurRx BioPharma, Inc. (NASDAQ: AZRX) Adds Three New Patients to Phase IIA Study of MS1819-SD

AzurRx BioPharma, Inc. (NASDAQ: AZRX), a company specializing in the development of non-systemic, recombinant therapies for gastrointestinal diseases, this morning announced that, in partnership with French pharmaceutical firm Mayoly Spindler, it has enrolled three new patients to its phase IIA study of MS1819-SD for patients with exocrine pancreatic insufficiency caused by chronic pancreatitis. With these additions, the total number of patients enrolled in the trial is nine, and, with an enrollment target of 12-15 patients, AzurRx expects to complete enrollment in the first half of 2018. “We are very pleased that our existing clinical sites have recruited these new patients,”…

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MondayFeb 12, 2018 10:21 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Announces Refinement of Lithium Extraction Process

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that the adsorption rate of its lithium extraction nanofiltration process has been increased from 20mg/g (milligram of lithium per gram of adsorption reagent) to an optimized rate of 40mg/g. Per the update, this reflects a significant cost-cutting breakthrough, as reagents account for the single largest cost in the company’s lithium extraction process. In addition to reducing reagent use and the direct cost of lithium chloride recovery from brine, reagent depletion in the lithium nanofilter has now been reduced to less than one percent…

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MondayFeb 12, 2018 9:51 am

NetworkNewsBreaks – Pivot Pharmaceuticals Inc. (PVOTF) Issues Corporate Update

Vancouver-based biopharmaceutical company Pivot Pharmaceuticals Inc. (OTCQB: PVOTF) this morning issued a corporate update detailing its recent activity. Per the release, the company has had a “very active” start to the current calendar year, with its management team working to build a “differentiated” company in the cannabis sector by focusing on improving the cannabis consumer experience with scientifically-derived products. Pivot’s notable corporate highlights include its proposed acquisitions of ERS Holdings, LLC and Thrudermic, LLC; its ongoing product development efforts; its growing IP portfolio; its termination of a previously announced standstill agreement; out-licensing of its IP; and its engagement of an…

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