Breaks Categories: News

WednesdayDec 27, 2017 9:30 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) CEO Releases Letter to Shareholders

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of environmentally friendly heavy oil processing and extraction technologies, this morning announced the release of a year-end letter to shareholders from chairman and CEO Aleksandr Blyumkin. In the letter, Blyumkin gives a brief history of Petroteq, detailing its evolution from a fuel delivery company to a disruptive player in the energy technology market. He also discusses Petroteq’s recent moves to implement blockchain technology in the energy industry. “[W]e have identified an aspect of the energy industry where [we] believe we can have further impact. It…

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TuesdayDec 26, 2017 9:51 am

NetworkNewsBreaks – EVIO, Inc. (EVIO) Licensee Attains ISO 17025 Accreditation

EVIO, Inc. (OTCQB: EVIO), a life sciences company and leading provider of quality control testing and advisory services to the regulated cannabis industry, this morning announced that its Colorado licensee, PhytaTech CO, has attained ISO 17025 accreditation, which requires consistent production of precise and accurate tests and implementation of a rigorous quality management system. Per the update, ISO 17025 is the highest recognized quality standard for calibration and testing laboratories. “As one of only a few Colorado Cannabis Testing labs that have achieved ISO 17025 accreditation, PhytaTech is at the leading edge of testing in the state,” Stephen Goldman, PhytaTech’s…

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TuesdayDec 26, 2017 9:09 am

NetworkNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Looks to Blockchain Technology as Possible Solution for Issues Facing Cannabis Industry

India Globalization Capital, Inc. (NYSE American: IGC), a developer of cannabis-based therapies to treat a variety of life-altering conditions, this morning announced plans to leverage its existing team of technology and health care experts in order to develop methods of utilizing blockchain technology in areas such as product identification assurance (PIA). The importance of PIA was reaffirmed in a recent study published by JAMA, which indicated that nearly 70 percent of all cannabidiol products sold online are mislabeled. “We understand the unique challenges facing the cannabis industry and believe that our team has the expertise to be the first to…

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ThursdayDec 21, 2017 9:53 am

NetworkNewsBreaks – DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF) Enters LOI for Merger with Tokyo Smoke; Announces Investment from Aphria Inc.

Premium cannabis lifestyle brand DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF) this morning announced its entry into a binding letter of intent setting out the terms pursuant to which it proposes to acquire all of the issued and outstanding shares of Tokyo Smoke. Per the update, the proposed merger will create a uniquely positioned cannabis company combining a best-in-class craft cannabis producer and a retail-focused cannabis company. The combined company is expected to operate under the name “Hiku Brands Company Ltd.” in reference to the brand house containing premium cannabis brands DOJA, Tokyo Smoke and Van der Pop. Additionally,…

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ThursdayDec 21, 2017 9:25 am

NetworkNewsBreaks – Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) Names Bluzelle CEO Pavel Bains as Strategic Advisor

Blockchain technology-focused venture builder Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) this morning announced that it has added blockchain and cryptocurrency pioneer Pavel Bains, CEO of Bluzelle Platform Pte. Ltd., as its new strategic advisor. Victory Square has also been invited to participate in Bluzelle’s early contributors’ round for its upcoming token sale. As a result, it has will be purchasing a $500,000 allocation of Bluzelle tokens, receiving an additional 25 percent of bonus tokens for being an early contributor. “Victory Square exists to enable the next generation of entrepreneurs to experiment, iterate and reinvent…

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WednesdayDec 20, 2017 2:52 pm

NetworkNewsBreaks – AzurRx BioPharma, Inc. (NASDAQ: AZRX) Announces Publication of AZX1101 Patent Application

Development stage biopharmaceutical company AzurRx BioPharma, Inc. (NASDAQ: AZRX) this morning announced that the United States Patent and Trademark Office has published patent application number 15/519424, entitled ‘Hybrid Proteinaceous Molecule Capable of Inhibiting at Least One Antibiotic and Pharmaceutical Composition Containing It’, covering the company’s AZX1101 recombinant enzyme for the prevention of antibiotic-induced diarrhea and hospital-acquired C. difficile infections. “We believe that AZX1101, a non-systemic protein, can preserve healthy gastrointestinal flora by inhibiting antibiotics in the GI tract and thus prevent the development of antibiotic induced diarrhea and bacterial infections,” Thijs Spoor, CEO of AzurRx, stated in the news release. “We…

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WednesdayDec 20, 2017 1:42 pm

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Announces Launch of Blockchain-Focused Business Unit

Net Element, Inc. (NASDAQ: NETE), operator of a payments-as-a-service transactional and value-added services platform for small to medium enterprise in the US and selected emerging markets, today announced that it has launched a new blockchain-focused business unit focused on providing the framework for an unlimited number of value-added services. The new business unit will also intend to identify and invest into unique projects which decentralize and disrupt the payment processing industry by combining blockchain technology and real-world applications. Bunker Capital has been partnered with for the development and deployment of blockchain technology-based solutions. To view the full press release, visit…

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WednesdayDec 20, 2017 1:10 pm

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) Announces Major Software Enhancement for Barocycler 2320EXTREME Instrument

Pressure BioSciences, Inc. (OTCQB: PBIO), a leader in the development and sale of innovative, broadly enabling, pressure-based instruments and related consumables for the worldwide life sciences industry, this morning announced the release of extensively redesigned software for its Barocycler 2320EXTREME instrument. The result of a year-long collaborative effort between the PBIO team and customers at one of the world’s largest biopharmaceutical firms, the software upgrade makes the company’s instrument one of the few Good Manufacturing Practices-compliant, computer-controlled sample preparation systems available on the worldwide life sciences market today. “In essence, the 2320EXT offers rapid and reproducible sample preparation for the…

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WednesdayDec 20, 2017 12:06 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) Formalizes LOI for JV Agreement with Smart Cannabis Corp. (SCNA); Completes Corporate Audit

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced that it has formalized a letter of intent signed earlier this month related to its entry into a multifaceted joint venture and co-marketing agreement with Smart Cannabis Corp. (OTC: SCNA). Per the terms of the agreement, SinglePoint will distribute SCNA’s SMARTAPP automation software product, as well as the upcoming ‘Track and Trace Software System’. As noted in the update, these platforms serve as natural add-on extensions to SinglePoint’s recently announced cybercurrency payment processing system. “We are extremely excited by the synergy we share with Smart Cannabis Corp.,” Wil Ralston, president…

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WednesdayDec 20, 2017 11:26 am

NetworkNewsBreaks – AppSwarm, Inc. (SWRM) Enters JV Agreement to Develop Bitcoin Mobile Wallet

Technology development and incubation acceleration company AppSwarm, Inc. (OTC: SWRM) this morning announced that it has finalized a joint venture agreement with USA Real Estate Holding Co. (OTC: USTC) to develop a global P2P bitcoin mobile wallet. Per the update, the venture calls for a 50/50 revenue share on the technology to be deployed. “This is an exciting partnership for both companies as bitcoin continues to rise to unprecedented value triggering increased interest from institutional investors,” Ron Brewer, CEO of AppSwarm, stated in the news release. “To take advantage of this favorable environment, our timely launch of the wallet is…

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