Breaks Categories: News

MondayNov 05, 2018 11:37 am

NetworkNewsBreaks – American Premium Water Corp. (HIPH) Appoints CEO as Interim Chairman

American Premium Water (OTC: HIPH) this morning announced that CEO Ryan Fishoff has been appointed as Interim Chairman, effective November 2, 2018. “I am extremely honored to have the additional responsibility of Interim Chairman. When I was given the opportunity to take over as CEO last year, the board believed in my vision for this company. Over the past year I have been able to implement a lot of that vision, and I am looking forward for the upcoming year to continue to grow and achieve the goals that I have outlined as the company continues to transform and get…

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MondayNov 05, 2018 10:53 am

NetworkNewsBreaks – Sharing Services, Inc.’s (SHRV) Elepreneurs Subsidiary Offers New Opportunity for the Entrepreneurially Minded

Sharing Services, Inc. (OTCQB: SHRV) this morning announced that its wholly owned subsidiary, Elepreneurs LLC, has launched its new Super Affiliate Marketing (“S.A.M.”) opportunity for the entrepreneurially minded. The program is designed for those actively pursuing part-time gigs, a growing population of the current workforce. With S.A.M., part-time income is possible through sharing the company’s Elevacity product line, resulting in customer acquisition, realized commissions and the development of others who engage in the program. “We offer the opportunity to share a variety of products and services as an Elepreneur (independent contractor),” Elepreneurs founder and CEO Robert Oblon stated in the…

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MondayNov 05, 2018 10:43 am

NetworkNewsBreaks – Aurora Cannabis Inc. (TSX: ACB) (NYSE: ACB) Increases Investment in Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF)

British Columbia-based fully-integrated cannabis company Choom Holdings (CSE: CHOO) (OTCQB: CHOOF), together with Aurora Cannabis Inc. (TSX: ACB) (NYSE: ACB), this morning announced that the companies have completed a non-brokered private placement of a debenture in the principal amount of $20,000,000 in Choom by Aurora, convertible into common shares of Choom at a conversion price of $1.25 per share, with a four year maturity date. The unsecured convertible debenture is subject to a minimum conversion amount of $5,000,000. Following the expiration of the hold period, if the volume weighted average trading price ("VWAP") of the common shares on the CSE…

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MondayNov 05, 2018 10:02 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Increases Stake in RailVision after Substantial Technological and Commercial Advancements

Automotive technology innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced that it has increased its stake in RailVision Ltd. by exercising warrants into 2,704 ordinary RailVision shares for an aggregate of $0.6 million. The move follows last September’s InnoTrans International Trade Fair for Transport Technology in Berlin, where RailVision demonstrated substantial commercial and technological progress. As a result of the exercise, Foresight now holds 36.33 percent of RailVision’s issued and outstanding share capital, of which 33.78 percent is on a fully diluted basis. RailVision, a leading provider of cutting-edge safety systems and cognitive vision sensor technology…

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MondayNov 05, 2018 9:39 am

NetworkNewsBreaks – CytoDyn Inc. (CYDY) Submits IND Application, Protocol for Phase 1b/2 Clinical Trial with PRO 140

CytoDyn (OTCQB: CYDY) this morning announced its submission of an investigational new drug (“IND”) application to the U.S. Food and Drug Administration (“FDA”) to carry out a phase 1b/2 clinical trial with PRO 140 as a therapy for metastatic triple-negative breast cancer. Currently, limited therapeutic options are available for triple-negative breast cancer due to an absence of standard biomarkers for targeted options. The original research and issued patents on CCR5 as a therapeutic target for cancer treatment were led by Richard Pestell, M.D., Ph.D., CytoDyn’s Interim Chief Medical Officer. Dr. Pestell’s published conclusions verified that CCR5 is a crucial receptor…

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FridayNov 02, 2018 2:17 pm

NetworkNewsBreaks – BANKEX Partners with Other Industry Leaders to Produce a Quantum-resistant Cryptographic Protocol

BANKEX, a company developing the Proof-of-Asset Protocol to bring Banking-as-a-Service (BaaS) product modules and blockchain together, has partnered with researchers at University of Waterloo, InfoSec Global and the Institute for Quantum Computing to develop a cutting-edge quantum-resistant cryptographic protocol. This technology may be a critical component of cybersecurity for the future of universal quantum computing as the first quantum-resistant, password-authenticated key exchange based on supersingular elliptic curve isogenies that can ensure security, even in a quantum environment. Based on an updated Password-Authenticated Key Exchange (“PAKE”) by BANKEX and its partners, the newly-developed protocol uses a password to generate functions that…

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FridayNov 02, 2018 12:23 pm

NetworkNewsBreaks – American-Swiss Capital, Inc. Takes Control of Rineon Group, Inc. (OTC: RIGI) Ahead of Planned Merge

American-Swiss Capital recently issued an update on its website announcing that it is officially a publicly traded company following its move to take control of Rineon Group, Inc. (OTC: RIGI). The company also announced that has filed a Form 10 with the Securities & Exchange Commission (“SEC”) to become a fully reporting company. Documents have been filed with the Financial Industry Regulatory Authority (“FINRA”) for a name change from Rineon Group, Inc. to AS Capital Inc., a ticker symbol change and a reverse split of the stock to reduce the shares outstanding by a factor of 10. The company reports…

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FridayNov 02, 2018 12:20 pm

NetworkNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Receives Speculative Buy Rating, $5 Price Target from Clarus Securities

The Flowr Corporation (TSX.V: FLWR), a vertically integrated Canadian cannabis company headquartered in Markham, Ontario with a Kelowna, British Columbia-based production facility, is making a name for itself in the booming cannabis sector. FLWR was recently covered in a research report by Clarus Securities, which was then highlighted in a recent article published by CantechLetter.com, titled ‘The Flowr Corporation could be a big winner in the cannabis space, Clarus Securities says’. The research report describes the company as “one of the very few Canadian licensed producers of cannabis with experience in successfully scaling indoor cultivation of premium product.” Clarus Securities…

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FridayNov 02, 2018 10:06 am

NetworkNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Appoints Senior VP, Distribution to Drive Brand Growth, Market Presence

Hemp-cultivated cannabinoid innovator Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) announced the appointment of its new Senior Vice President, Distribution Greg McCauley. McCauley’s experience spans over 30 years in the consumer products industry, serving in roles with major brands including Jägermeister, Muscle Milk and Red Bull. His experience, skills and network position will assist Phivida in driving product growth, initially with the launch of its Oki brand and to optimize its presence in the rapidly-growing premium functional food and beverage market. "Phivida is delighted that Greg will be joining our team to work with us on this next exciting stage of…

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FridayNov 02, 2018 9:35 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Announces LOI for Major Acquisition in Interview on MoneyTV

SinglePoint (OTCQB: SING) was a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program discussing “money and what makes it happen.” In this week’s episode, SinglePoint CEO Greg Lambrecht reported that the company has inked a Letter of Intent (“LOI”) concerning a major acquisition target of the company. “We've been working on a very large acquisition,” CEO Greg Lambrecht stated in the interview. "Things are moving forward very nicely. Like I said, we just signed the LOI today. So, we continue to move forward with this large acquisition." To view the…

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