Breaks Categories: News

MondayFeb 05, 2018 11:17 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Adds Fintech Veteran to Management Team

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced its appointment of Bill Rochfort to the positions of president and EVP Sales for its newly-formed logistics subsidiary, SecurCapital Corp. Rochfort brings 25 years of fintech experience to the SecurCapital team – including time as an officer with Premier Global Services, Intermedia, Sprint and Cbeyond – and is noted as an early adopter of cloud architecture. “We're very excited to have Bill join our senior team of logisticians at SecurCapital at this pivotal time as the company launches its SecurCloud Platform,” James Hancock, CEO of Global Payout, stated in…

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MondayFeb 05, 2018 11:12 am

NetworkNewsBreaks – Teewinot Life Sciences Subsidiary Granted New Broad Claiming U.S. Patent

Cannabinoid-based pharmaceuticals company Teewinot Life Sciences, along with its wholly-owned Irish subsidiary, Teewinot Technologies, Ltd., this morning announced the grant of U.S. Patent No. 9,879,292. The newly granted patent covers biosynthetic production of cannabinoids and cannabinoid analogs. "We are happy to announce the continued expansion of our valuable patent portfolio. Our technology platform enables standardized and cost-effective manufacturing for the expanding category of cannabinoid-based pharmaceuticals. Teewinot is currently in the process of identifying lead pre-clinical and clinical indications and are the premier, integrated biopharmaceutical company in this space with multiple US patents issued and a verifiable, scalable, plant-free biological manufacturing…

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MondayFeb 05, 2018 10:41 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Receives $2.5M From Deloro

Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) this morning announced that it has received $2.5 million from Deloro Energy LLC, which is equal to the first tranche of the financing anticipated in the previously announced memorandum of understanding (“MOU”) with Deloro. Per the terms of the MOU, upon receipt of the entire first tranche, Deloro shall receive an economic royalty of 25% of the net profits of the company’s heavy oil extraction facility at Asphalt Ridge, Utah, from the date that the facility is operational. The MOU specifies that at least $2,000,000 of the first tranche shall be used toward the…

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MondayFeb 05, 2018 10:24 am

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Subsidiary Announces Impending Launch of New Luxury Skincare Products

Premier market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX), through wholly-owned foreign enterprise CBD Biotechnology Co. Ltd., this morning announced the impending February launch of four new hemp-infused skincare products and a cutting-edge magnetic mask for the Chinese market. Per the update, the products have already been approved for sale throughout China by the China Food and Drug Administration. “The growing Chinese middle-class has shown a desire for luxury skincare products. CBD Biotech is meeting market demands by offering cutting-edge products that use the latest skincare technologies and include our exclusive hemp infused formulas,” Summer Yun, CEO of CBD Biotechnology, stated…

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MondayFeb 05, 2018 9:52 am

NetworkNewsBreaks – Hiku Brands Company Ltd. (CSE: HIKU) (OTC: DJACF) Subsidiary Approaching Pre-Sales Inspection

Canada’s first vertically-integrated cannabis brand house, Hiku Brands Company Ltd. (CSE: HIKU) (OTC: DJACF), through its DOJA Cannabis Ltd. subsidiary, this morning announced that it has received notification from Health Canada that its pre-sales inspection has been scheduled for Tuesday, February 13, 2018. Per the update, the pre-sales license inspection is the final step prior to the issuance of a sales license under the terms of the Access to Cannabis for Medical Purposes Regulations (“ACMPR”). “As there are currently only 26 independent companies with cannabis sales licenses under the ACMPR in Canada, receiving confirmation of our Pre-Sales License Inspection from…

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MondayFeb 05, 2018 9:26 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Highlights Positive Results from 2017 Drill Program

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced positive results from its 2017 drill program, which intersected over 30 meters of disseminated cobalt mineralization in the southern part of the Canadian Cobalt Camp. Per the update, the company’s drilling intercepts in the area demonstrate that cobalt mineralization likely occurs as a broad zone, with approximately 350 meters of strike length associated with the historically mined Woods Vein and other transecting structures. “A key objective of our maiden drill program has been realized,” Trent Mell, president and CEO of First Cobalt, stated in the…

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FridayFeb 02, 2018 3:43 pm

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) CEO Discusses Recent Corporate Milestones in Webinar Update

Pressure BioSciences Inc. (OTCQB: PBIO) CEO Richard T. Schumacher earlier this week hosted a webinar update and live Q&A session for prospective investors. During the presentation, Schumacher detailed each of PBIO’s three distinct working groups, including its Research Products and Services division, its Biopharmaceutical Manufacturing division and its third group specializing in the development and implementation of the company’s cutting-edge Ultra Shear Technology (“UST”) platform. “The company’s really split now into three different working groups. We’ve made an acquisition and we’ve gotten a new patent that’s been approved, all in the last several months, and it’s changed the face of…

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ThursdayFeb 01, 2018 3:18 pm

NetworkNewsBreaks – GT Biopharma, Inc. (GTBP) Secures $7.1M through Private Placement

GT Biopharma (OTCQB: GTBP) announced on January 23, 2018 that it entered into definitive agreements for a private placement of convertible notes and warrants for total gross proceeds of $7,055,000. The unsecured convertible notes have a face amount of $7,760,508, an initial conversion price of $4.58 and are due July 2018. Additionally, investors also received warrants to purchase approximately 1,694,440 shares of the company’s common stock at an initial exercise price of $4.58 per share. GT Biopharma intends to use its proceeds from the private placement toward advancing its immuno-oncology programs, progressing its neurology pipeline and for general corporate purposes.…

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ThursdayFeb 01, 2018 3:12 pm

NetworkNewsBreaks – EVIO, Inc. (EVIO) Secures Over $5.9M in New Financing to Fund Expansion

EVIO (OTCQB: EVIO), a life sciences company and leading provider of quality control testing and advisory services to the regulated cannabis industry, this morning said it has successfully closed its latest round of financing totaling $5,973,000. The capital raise exceeded EVIO management’s original goal of only raising $3 million to finance the company’s expansion in California. The company intends to use the additional funds toward increasing its infrastructure through California and to fuel an expansion into multiple states throughout the US, rapidly increasing its national footprint. To view the full press release, visit http://nnw.fm/Ffr0N About EVIO, Inc. EVIO, Inc. is…

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ThursdayFeb 01, 2018 11:10 am

NetworkNewsBreaks – Earth Science Tech, Inc. (ETST) Expands Executive Leadership Team

Science-based biotechnology company Earth Science Tech, Inc. (OTC: ETST) this morning announced its appointment of multiple new additions to its executive leadership team. Jill Buzan, an established veteran of the natural product sales industry, will serve as the company’s new chief sales officer. Since beginning her career as a sales rep and broker in 1995, Buzan has pioneered many brands, such as Gaia Herbs, Natural-Immunogenics and Sunwarrior, and helped them become leaders in their respective industries. Wendell Hecker will serve as ETST’s new chief financial officer. He brings more than 30 years of corporate experience to the company, including extensive…

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