Breaks Categories: News

WednesdayOct 11, 2017 9:37 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Announces Completion of $4M Funding Round

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced the completion of a $4 million round of funding, $1.2 million of which has already been collected. This total includes a $600,000 investment from United American HealthCare Corp. (OTC: UAHC). With this funding in place, SinglePoint is positioned to aggressively develop and complete its bitcoin payments solution while pursuing additional acquisition opportunities in the thriving cannabis industry. “After months of negotiation, we are beyond excited to close this deal and go after some larger deals that we have in our pipeline,” Greg Lambrecht, CEO of SinglePoint, stated in the news…

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WednesdayOct 11, 2017 9:13 am

NetworkNewsBreaks – Patriot One Technologies, Inc. (TSX.V: PAT) (OTCQB: PTOTF) Enters $8.52M Bought Deal

Patriot One Technologies, Inc. (TSX.V: PAT) (OTCQB: PTOTF) this morning announced its entry into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp. pursuant to which the underwriters will purchase an aggregate of 7.1 million units at a price of $1.20 per unit, providing for aggregate gross proceeds of $8.52 million to Patriot One. Each purchased unit will consist of one common share of the company and one half of one common share purchase warrant, exercisable for a period of 36 months following the close of the offering at an exercise price of $1.70 per warrant share.…

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TuesdayOct 10, 2017 2:45 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Finalizing JV Partnership Aimed at Bringing Banking Solutions to the Cannabis Industry

Payment solutions company Global Payout, Inc. (OTC: GOHE) today announced that MoneyTrac Technology, Inc., its majority-owned subsidiary, is currently in the final stages of facilitating an exclusive joint venture partnership agreement aimed at bringing effective banking solutions to businesses operating in the rapidly expanding cannabis industry. The company anticipates significant revenue earning opportunities to stem from this agreement upon its final execution. “The potential surrounding the anticipated completion of this Joint Venture is absolutely huge for our MoneyTrac Technology brand,” MoneyTrac CEO James Hancock stated in the news release. “MoneyTrac was launched almost exclusively to address the many different challenges…

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TuesdayOct 10, 2017 1:12 pm

NetworkNewsBreaks – Grey Cloak Tech, Inc.’s (GRCK) Acquisition Target Eqova Debuts New CannaBio Salve at Denver’s Integrative Medicine Summit

Grey Cloak Tech (OTC: GRCK) this morning said that Eqova Live Sciences, the company’s acquisition target, exhibited at Denver's Integrative Medicine Summit in Denver, Colorado, on October 7, 2017. Grey Cloak signed a Letter of Intent to acquire Eqova Life Sciences on September 19, 2017. Eqova Life Sciences develops clinical grade Full Spectrum Hemp Oil products that are sold exclusively through partnerships with licensed medical practitioners to use with their patients. Eqova debuted its new CannaBio Salve, an innovative topical salve with several aromatic natural oils, at the summit, which was attended by over 200 medical professionals. Eqova was the…

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TuesdayOct 10, 2017 12:23 pm

NetworkNewsBreaks – Monaker Group (MKGI) Submits Application to Up-List to the NASDAQ Capital Market

Monaker Group (OTCQB: MKGI) this morning said it has submitted a formal application to list the company's common stock on the NASDAQ Capital Market. Monaker’s alternative lodging rentals (ALR) platform is slated to launch into a growing market this fall, which the company believes would be enhanced by an up-listing. The company’s global ALR inventory offers thousands of travel companies around the world an easy, commissionable option for selling vacation property rentals. Additionally, the company’s Monaker Booking Engine (MBE) is a cloud-based technology platform that delivers a customizable solution of over one million instantly-bookable residences located in prime locations around…

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TuesdayOct 10, 2017 12:21 pm

NetworkNewsBreaks – Global Blockchain Technologies Corp. (TSX.V: BLOC) (FSE: BWSP) (OTC: BLKCF) Shares Surge on Appointment of New Management Team

Shares of Global Blockchain Technologies (TSXV: BLOC) (FSE: BWSP) (OTC: BLKCF) ("GBT") are up 15% after the company this morning announced its new management team. The company named Steven Nerayoff as chairman, Rik Willard as CEO, Shidan Gouran as president and Kyle Kemper as chief strategy officer. The appointment of Rik Willard follows the resignation of Chester Shynkaryk from the role of CEO. Additionally, the company said it has created an advisory board consisting of Jim Rogers, Jeff Pulver, Gary Rubinoff, Mike Terpin, David Drake and Manie Eagar. The company also announced the addition of Peter McCague to its board…

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TuesdayOct 10, 2017 11:35 am

NetworkNewsBreaks – ORHub, Inc. (ORHB) Adds Dr. Virkam Udani to Advisory Board

Health care software-as-a-service company ORHub, Inc. (OTC: ORHB) this morning announced the addition of Dr. Vikram Udani to its advisory board in order to help lead its aggressive deployment strategy. Dr. Udani currently serves as the medical director of neurosurgery for the Laurel Amtower Cancer Institute and Neuro-Oncology Center in San Diego, California. Additionally, he is currently practicing with the Neurosurgical Medical Clinic of San Diego. “Dr. Udani is highly distinguished and well-known in neurological surgery and orthopedics, and we are pleased to welcome him to our advisory board,” Wesley Mitchell, chief technology officer of ORHub, stated in the news…

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TuesdayOct 10, 2017 11:11 am

NetworkNewsBreaks – Greenkraft, Inc. (GKIT) Announces Expansion of Dealer Network

Greenkraft, Inc. (OTCQB: GKIT), a nationally recognized player in the alternative fuel engines and trucks industries, this morning announced that it is expanding its dealer network in an effort to meet increased demand for its line of alternative fuel, cab-forward trucks. Per the update, Greenkraft has entered agreements with two additional dealers to promote and sell its commercial trucks. “This is an exciting time for Greenkraft as we accelerate our growth plan to meet the increased interest in alternative fuel automotive products for commercial use,” George Gemayel, CEO of Greenkraft, stated in the news release. “The new dealers we have…

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TuesdayOct 10, 2017 10:38 am

NetworkNewsBreaks – Marijuana Company of America (MCOA) and Global Hemp Group Enter Letter of Intent to Form Joint Venture with Space Cowboys, Inc.

Marijuana Company of America (OTC: MCOA) and Global Hemp Group (OTC: GBHPF) (CSE: GHG) this morning announced their entry into a letter of intent with licensed cannabinoid producer Space Cowboys, Inc. for the purposes of forming a joint venture. Per the terms of the agreement, the two companies will invest $2.5 million in exchange for a 25 percent equity interest in Space Cowboys, subject to their ability to obtain sufficient funding. These funds will be used to expand Space Cowboys’ cultivation operations in an effort to better capitalize on the strong demand for cannabinoid-based products within Colorado’s established legal cannabis…

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TuesdayOct 10, 2017 10:14 am

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) Announces Appointment of Dr. Michael McKenzie to Advisory Board

PotNetwork Holding, Inc. (OTC: POTN) this morning announced its appointment of Dr. Michael McKenzie, an industry-leading physician, to its advisory board, effectively furthering its strategy centered on formulating, producing and marketing a spectrum of exclusive and diversely targeted cannabidiol blends. As noted in this morning’s update, Dr. McKenzie has positioned himself at the forefront of the medical marijuana industry by gaining a keen understanding of cannabis and its specific impact on a number of unique illnesses. “Dr. McKenzie is going to be an invaluable addition to our team. He has already been very instrumental in providing valuable guidance, and has…

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