Breaks Categories: News

TuesdayApr 03, 2018 12:29 pm

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) Announces FY2017 Financial Results

Global life sciences company Pressure BioSciences Inc. (OTCQB: PBIO) today announced its financial results for the fourth quarter and fiscal year ended December 31, 2017. The company also provided a business update and offered limited guidance for FY2018. Among the highlights, PBIO reported $502,708 in total revenue for the three-month period, marking a year-over-year increase of 20 percent that it attributed primarily to double-digit growth in its products and services. The company recorded similarly strong results for the 12-month period, reporting $2.24 million in annual revenue for a year-over-year increase of 13 percent. “This past year was filled with a…

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TuesdayApr 03, 2018 10:22 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Strengthens ICS Partnership through New Compliance Services Agreement

Payment solutions company Global Payout, Inc. (OTC: GOHE), through its MoneyTrac Technology, Inc. (“MTRAC”) subsidiary, this morning announced that Integrated Compliance Solutions (“ICS”) has committed to serve as the compliance arm of the company’s upcoming full-service payment solution powered by GreenBox’s state-of-the-art closed loop blockchain technology. A leading provider of compliance services within the burgeoning cannabis industry, ICS serves a number of cannabis-focused banks and recently established a service agreement with TheraCann and TKS Ventures, further solidifying itself as a leading provider of critical compliance-related services and solutions to businesses operating in cannabis-related verticals. “ICS has done an excellent job…

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TuesdayApr 03, 2018 10:20 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Subsidiary Launches New Website Offering Direct-to-Consumer CBD-based Products

Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced the official launch of its wholly-owned subsidiary SingleSeed’s newly updated website, www.SingleSeed.com. The new website is focused on selling cannabidiol (“CBD”) based products direct-to-consumer and is currently live and taking orders. Consumers can receive a free two-pack of the company’s hemp-based CBD capsules on orders of $50 or more using the promo code SING. Additionally, SingleSeed has engaged e-commerce experts to help drive online awareness and will be working with online influencers to help drive brand awareness. To view the full press release, visit http://nnw.fm/9HL5o About SinglePoint, Inc. SinglePoint, Inc.…

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TuesdayApr 03, 2018 9:47 am

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) Releases 2017 Audited Consolidated Financial Statements; Generates $4M in Sales in First 60 days of 2018

PotNetwork Holding (OTC: POTN) this morning announced the release of audited consolidated financial statements reporting sales of $14.5 million for 2017, with gross profits of $5,180,865. Additionally, the statements showed a positive net income of $178,918 despite large reinvestments PotNetwork made during the year toward its future growth. The company also reported that it has generated $4 million in sales in just the first 60 days of 2018, representing an increase of over 300% compared to the same time period in 2017. PotNetwork attributes the company’s growth in 2018 primarily to its wholly owned subsidiary, Diamond CBD Inc. To view…

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TuesdayApr 03, 2018 9:20 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Plans to List Zinc-Air Fuel Cell Division; Issue Dividend to Shareholders

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that it intends to publicly list its wholly owned subsidiary ZincNyx Energy Solutions Inc. and pay a partial share dividend of ZincNyx directly to MGX shareholders of record. The company plans to immediately dividend a portion of shares in the current privately held subsidiary as part of a one-time distribution to existing shareholders, resulting in a new publicly-traded company that will be primarily owned by MGX and its shareholders of record. The date of record for the share dividend distribution will be announced…

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MondayApr 02, 2018 3:11 pm

NetworkNewsBreaks – Consorteum Holdings, Inc. (CSRH) Unveils Plans for Cricket-Focused Global Predictive Analytics Mobile Offering

Software development and mobile solutions company Consorteum Holdings, Inc. (OTC: CSRH), through wholly owned subsidiary 359 Mobile Inc., today announced plans to release its first global predictive analytics mobile offering. Per the update, the new product, which is scheduled to be the first to be released pursuant to 359’s exclusive distribution contract with DevLex Ltd., will be dedicated to the global sport of cricket. The company expects to release the application for both Android and iOS devices in the second quarter of this year. “Our ability to launch this first mobile predictive analytics offering for Cricket fans globally is an…

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MondayApr 02, 2018 1:27 pm

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Releases 2017 Financial Results

Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) this morning reported its financial results for the fiscal year ended December 31, 2017. Among the highlights, the company’s total transaction dollars processed for the 12-month period exceeded $2.8 billion, marking a year-over-year increase of 14 percent. Likewise, Net Element’s annual revenues increased to $60.1 million, up 11 percent from its 2016 results. “We are very pleased with our 2017 progress and the strong balance sheet position as of December 31, 2017, which we believe positions the company for future growth and opportunities,” Oleg Firer, CEO of Net Element,…

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MondayApr 02, 2018 9:31 am

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Co-Sponsoring Community-Facing Events in Kenya

PotNetwork Holding, Inc. (OTC: POTN), through wholly owned subsidiary Diamond CBD, Inc., this morning announced plans to kick off its African business development strategy by co-sponsoring, in tandem with affinity marketing partner Exponential Inc. (“XPO2”), a series of community-facing events in Kenya. Per the update, from April 17-27, Diamond CBD plans to contribute material support and resources toward community action projects taking place across the African nation. These projects include a reforestation effort in the Ngongs Hills, direct service endeavors at nonprofit organizations around Nairobi and a host of other charitable events near Mt. Kenya and other locations. These activities…

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MondayApr 02, 2018 9:06 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Details Proposed Case Lake Lithium JV Drill Program

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that its spring drill program at its Case Lake Lithium JV will commence in May. Per the update, spring and summer drilling will total 8,000 meters, followed by an additional 7,000 meters of planned drilling in the fall. To date, 8,400 meters of drilling have been completed at the Case Lake property. The proposed drill program will target new spodumene pegmatite dykes positioned between the Main Dyke and the South Dyke. These new dykes, discovered during final drilling of the Main Dyke in…

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ThursdayMar 29, 2018 10:41 am

NetworkNewsBreaks – Pressure BioSciences, Inc. (PBIO) Sets Teleconference to Discuss FY2017 Results

Global life sciences company Pressure BioSciences, Inc. (OTCQB: PBIO) this morning announced that it plans to host a teleconference to discuss its fourth quarter and fiscal year 2017 financial results and to provide a business update. The teleconference is scheduled for Tuesday, April 3, 2018, at 4:30 PM EDT. Those interested in participating in the call can do so live by dialing (877) 407-8031 in North America or (201) 689-8031 from international locations. The verbal passcode for the teleconference is ‘PBI Fourth Quarter and FY2017 Financial Call & Business Update’. A replay of the call will be made available beginning…

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