Breaks Categories: News

WednesdayNov 15, 2017 5:45 pm

NetworkNewsBreaks – VirTra, Inc. (VTSI) Reports 54% Rise in Third Quarter Revenues

VirTra, Inc. (OTCQX: VTSI) recently announced its financial results for the third quarter ended September 30, 2017. In addition to achieving 54% revenue growth year over year, gross profit increased 84% and net income totaled $742,000 compared to a net loss of $10,000. Business highlights for the quarter include applying for uplisting on the Nasdaq, signing $2.6 million in contracts with the U.S. Dept. of Homeland Security, appointing Judy Henry as CFO, achieving ISO 9001:2015 Quality Compliance for its new machine shop, and expanding the Board of Directors. To view the full press release, visit http://nnw.fm/bIKS7 About VirTra, Inc. VirTra…

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WednesdayNov 15, 2017 2:02 pm

NetworkNewsBreaks – Grey Cloak Tech, Inc. (GRCK) Aims to Create CBD Marketplace with Purchase of CBD.co Domain

Grey Cloak Tech (OTCQB: GRCK) announced today that is has purchased the domain CBD.co. with an objective to create a media destination and primary marketplace for all types of hemp products, with a particular focus on cannabidiol (“CBD”) products. The company intends to make CBD.co the solution to a large division in the market, as major advertising companies currently do not allow CBD products on their platforms. CBD.co aspires to become the centralized, third-party marketplace available for producers and consumers of hemp products. To view the full press release, visit http://nnw.fm/Va6x9 About Grey Cloak Tech Inc. Grey Cloak develops advanced…

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WednesdayNov 15, 2017 10:29 am

NetworkNewsBreaks – Global Payout, Inc.’s (GOHE) MoneyTrac Subsidiary Explores Potential Strategic Partnerships in the Cannabis Banking Sector

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning said that its majority-owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”), is exploring potential strategic partnership opportunities in the cannabis banking sector. In an effort to exploit a severely underserved market, MTRAC is in the process of evaluating various entities that engage in helping banking organizations become compliant with state cannabis regulations, and is highly interested in securing partnerships with established compliance financial organizations. To view the full press release, visit http://nnw.fm/f9kQr About Global Payout, Inc. Since the company’s inception in 2009, Global Payout, Inc. has been a leading provider of comprehensive and customized…

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WednesdayNov 15, 2017 9:47 am

NetworkNewsBreaks – Algae Dynamics Corp. (ADYNF) Receives $250,000 Investment to Enhance Existing University Research Programs

Algae Dynamics (OTC: ADYNF), developer of unique health products infused with cannabis and algae oils, has received an investment of $250,000 from Teewinot Life Sciences Corporation, developer of biosynthetic cannabinoids. Algae Dynamics says it will use the funds for its research programs with The University of Waterloo and University of Western Ontario, as well as general administrative and compliance purposes. “These funds will allow us to continue our important university research programs and provide resources to move forward at an accelerated pace. We believe this new relationship with Teewinot will provide strategic value that will provide long term benefits for…

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WednesdayNov 15, 2017 9:25 am

NetworkNewsBreaks – SinglePoint (SING) Introduces Proprietary Bitcoin Exchange for Payment Processing in High-Risk Markets

Aimed at providing a solution to address the payment processing issues of high-risk transactions in the cannabis and other industries, SinglePoint (OTC: SING) this morning announced the soft launch of a bitcoin exchange that can be utilized by any business, from convenience stores to cannabis dispensaries in the 29 legal states and District of Columbia. “We are very pleased with what we have built out and executed on with this solution. SinglePoint now has a base to continue innovating on for the cannabis payments space. Businesses are contacting us daily about payment services and with this solution we feel confident…

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WednesdayNov 15, 2017 9:19 am

NetworkNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Adds Key Individuals to Board and Executive Team

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) today announced that it has added Mr. Rick Fitzgerald to the Board of Directors and Dr. Michael Bumby to the executive team as Chief Financial Officer. Fitzgerald brings a wealth of strategic marketing and senior leadership experience in the alcoholic beverage and tobacco industries while Bumby adds extensive financial, international and capital markets experience. Paul Lucas, Chair of ABcann’s board of directors, stated, “We are pleased to welcome two outstanding individuals to ABcann and believe their domestic and global business experience will be a significant asset to the Company.” To view the full…

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WednesdayNov 15, 2017 8:52 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Commences Sampling Program to Assess Historic Cobalt Camp in Ontario

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning said it has initiated an extensive sampling program at historic mining operations in the Cobalt Camp in Ontario. The sampling program is intended to expand the company’s understanding of the characteristics of the material for potential processing of future ores from the Cobalt Camp. First Cobalt intends to acquire a representative sample of grades across several muckpiles and examine the material. In an effort to increase the grade of feed material, ore sorting technology will also be tested on large representative samples. "In tandem with ongoing…

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WednesdayNov 15, 2017 8:31 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Provides Progress Update on New Oil Extraction Facility

Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of environmentally friendly heavy oil processing and extraction technologies, today announced the reconstruction of a new large-scale oil extraction facility. As part of the recent corporate restructuring, the company decided to relocate the plant from its location 10 miles from the Temple Mountain Resource Site to the TME mine site. The relocation will increase Petroteq’s production capacity from 250 to 1,000 barrels per day utilizing the company’s unique hydrocarbon extraction technology. Petroteq intends to have the relocated facility producing in February 2018. "With this new facility,…

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TuesdayNov 14, 2017 2:11 pm

NetworkNewsBreaks – AbraPlata Resource Corp. (TSX.V: ABRA) (OTCQB: ABBRF) Defines Gold-Rich Zone on Diablillos Property

AbraPlata Resource (TSX.V: ABRA) (OTCQB: ABBRF) this morning said it has defined a gold-rich zone in the company’s Diablillos property following a comprehensive review of the geology and drill core. The gold-rich zone is located in the lower part of the Oculto Ag-Au deposit and measures approximately 300m by 50m. The zone is within an area that has not been extensively drill tested. “The recent review of the drilling results by our consultant geologist has resulted in a new appreciation of the extent and grade of the gold-dominant mineralization in the basement rocks of the Oculto deposit,” AbraPlata chairman Hernan…

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TuesdayNov 14, 2017 1:31 pm

NetworkNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Releases Results of Annual Shareholders Meeting

India Globalization Capital, Inc. (NYSE American: IGC) yesterday announced that during its 2016-2017 Annual Meeting of Shareholders on November 8, 2017, voting on Proposals Three and Four was adjourned to November 22, 2017 at 11:00 a.m. EST due to the lack of required stockholders needed. Stockholders of record on October 5, 2017 are eligible and requested by IGC to vote on these proposals that are available in the company’s proxy statement filed with the Securities and Exchange Commission (http://nnw.fm/6yMe4). Eligible stockholders may vote at www.ProxyVote.com, by dialing 800-454-8683, or by returning a properly executed proxy card to InvestorCom. The following…

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