Breaks Categories: News

WednesdayJun 06, 2018 1:24 pm

NetworkNewsBreaks – Gensource Potash Corp. (TSX.V: GSP) Successfully Closes Private Placement

Gensource Potash (TSX.V: GSP) recently announced that it successfully completed its non-brokered private placement financing. The offering was comprised of the non-brokered sale of 24,999,268 common shares at $0.125 per share, resulting in gross proceeds of $3,124,908.50 to the company. As part of the offering, certain officers of Gensource purchased an aggregate of 4,356,000 common shares which was considered a "related party transaction" pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Relative to the offering, licensed finders were paid commissions by Gensource in the form of cash payments of $199,760.00 and the…

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WednesdayJun 06, 2018 10:43 am

NetworkNewsBreaks – Sharing Services, Inc. (SHRV) Subsidiary Engages Stephen Gould Corp. as Fulfillment, Distribution Partner

Diversified holding company Sharing Services, Inc. (OTC: SHRV) this morning announced that it has selected Stephen Gould Corp. as the fulfillment and distribution partner to support the increasing operations of Elevacity Global, a wholly owned subsidiary of Sharing Services. "We are pleased to announce this relationship with Stephen Gould to ensure proper delivery of our products throughout the United States. We interviewed several companies in the selection process to find the right partner and feel that Stephen Gould can best service Elevacity Global’s current rapid growth cycle and will be a valuable asset as we look to expand internationally in…

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WednesdayJun 06, 2018 10:35 am

NetworkNewsBreaks – NUGL Inc. (NUGL) Details Latest Features of Cannabis-Focused Platform

Marijuana-focused search engine and online directory company NUGL Inc. (OTC: NUGL) this morning announced that its users can now setup services, brands and shops under their profiles. Per the update, this new feature will enable users of the NUGL platform to link all of their companies under a single profile. “As the industry evolves and becomes more sophisticated, we will start to see an influx of companies finding niche markets within the cannabis space,” Brandon Vargas, CEO of NUGL, stated in the news release. “These companies that identify niche markets must have a means to attract distribution and clients.  The…

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WednesdayJun 06, 2018 10:12 am

NetworkNewsBreaks – Virtual Crypto Technologies Inc. (VRCP) to Launch NetoBit ATM at the TechCrunch Tel Aviv Event

Cryptocurrency-focused technology company Virtual Crypto Technologies Inc. (OTCQB: VRCP) this morning announced its plan to launch its bitcoin ATM at the TechCrunch Tel Aviv event taking place tomorrow, June 7, 2018. Virtual Crypto's NetoBit ATM distinguishes itself from other bitcoin ATM platforms by enabling real time conversion, purchase and sale of bitcoin through the bi-directional platform. The product is available for purchase globally and presently supports most common currencies. "We continue to set standards for the burgeoning cryptocurrency sector. Our proprietary algorithm reduced the typical transaction time from 10 to 60 minutes to several seconds. At this stage, NetoBit ATMs…

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WednesdayJun 06, 2018 9:35 am

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Announces Launch of Global Beverage Division

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) this morning announced the launch of a global division focused on the beverage industry. Per the update, the company’s senior management team boasts over 125 years of combined beverage industry experience, including time with both international soft drink and alcoholic beverage companies in Canada and the United States. TGOD intends to leverage this experience to provide a strategic pathway into the cannabis market for large-scale beverage companies by way of direct investment, joint venture or other suitable opportunities. As part of a $55 million R&D…

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WednesdayJun 06, 2018 9:25 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Completes Production of Bitcoin Wallet Commercial; Posts Update on Form 10

Technology and investment company SinglePoint (OTCQB: SING) this morning announced that it has completed production of a commercial for its crypto wallet application which features original Shark Tank member Kevin Harrington. Now that production is complete, SinglePoint can focus on obtaining approvals from the major national networks to air the commercial, which ranges in time from 15 seconds to two minutes. Additionally, the company announced that it has internally completed the Form 10 and is now under review by the company’s auditors. Becoming fully reporting will give the company more transparency, increased liquidity and value for its shareholders. This feat…

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TuesdayJun 05, 2018 2:21 pm

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Enters Licensing Partnership with The Bad Crypto Podcast

Premier financial information company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced that it has entered into a licensing partnership with The Bad Crypto Podcast to redistribute Chinese translations of the podcast’s most popular interviews on www.NewCoins168.com. “Since it first aired in July 2017, The Bad Crypto Podcast hosted by Joel Comm, Bitcoin Evangelist and Travis Wright, Blockchain Entrepreneur, has become a worldwide phenomenon with over 150 episodes for curious individuals trying to figure out cryptocurrency, blockchain and the future of digital payments,” Warren Wang, CEO of CIIX, stated in the news release. “We are confident that this lighthearted, entertaining programming…

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TuesdayJun 05, 2018 1:31 pm

NetworkNewsBreaks – Earth Science Tech, Inc. (ETST) Issues Recap of Attendance at Recent Cannabis Expos

Earth Science Tech, Inc. (OTC: ETST), an innovative biotech company focused on the cannabidiol (“CBD”), nutraceutical and pharmaceutical fields, this morning released a report recapping its presence at four recent cannabis expos in Canada and the United States. The events highlighted in the update include the Lift & Co. Expos in Toronto and Vancouver; CannXperience in Fort Lauderdale, Florida; the Florida Medical Cannabis Conference in Sarasota, Florida; and the Cannabis World Congress & Business Expo in New York. “Thanks to our passionate and like-minded team, we are now able to participate in beneficial cannabis industry events to spread awareness and…

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TuesdayJun 05, 2018 12:56 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) CEO Issues Letter to Shareholders

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) this morning announced the release of a letter to shareholders from president and CEO Trent Mell. The letter, which provides an update on the company’s business activities for the remainder of 2018, marks what Mell refers to as “a new chapter for First Cobalt” on the heels of the company’s acquisition of US Cobalt earlier this week. “Over the past year, four cobalt companies have come together under the First Cobalt banner to create a vertically integrated, North American pure play cobalt company with assets in two of…

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TuesdayJun 05, 2018 12:13 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Enters Reverse Triangle Merger Agreement with MoneyTrac Technology, Inc.

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that MoneyTrac Technology, Inc. (“MTRAC”), of which Global Payout is a significant shareholder, has structured a reverse triangle merger agreement with Global Payout whereby MTRAC will be the post-merger operating entity. “The completion of this reverse triangular merger with Global Payout marks the culmination of the hard work and dedication my team and I have put forth on behalf of MoneyTrac in the past several months,” Vanessa Luna, CEO of MTRAC, stated in the news release. “We have come to a point where we are truly ready to take…

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