Breaks Categories: News

MondayJul 30, 2018 3:33 pm

NetworkNewsBreaks – Medigus Ltd. (NASDAQ: MDGS) (TASE: MDGS) Closes $10M Public Offering

Medigus (NASDAQ: MDGS) (TASE: MDGS), a medical device company developing minimally invasive endosurgical tools engaged in direct visualization technology, recently closed an underwritten public offering of 2,837,674 units at a price of $3.50 per unit. Each unit consisted of one American Depositary Share (“ADS”) and one Series C warrant to purchase one ADS. The ADSs and accompanying Series C warrants were purchased together in the offering, but were issued separately. Gross proceeds of approximately $10 million were raised from the offering, which Medigus intends to use for general corporate purposes. To view the full press release, vist http://nnw.fm/5MfiQ About Medigus…

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MondayJul 30, 2018 1:50 pm

NetworkNewsBreaks – CytoDyn Inc. (CYDY) Reports Improved Response Rate to Increased Dosage in HIV Phase 3 Monotherapy Trial

Biotechnology company CytoDyn (OTCQB: CYDY) this morning announced that it has received clearance from the independent Institutional Review Board (“IRB”) overseeing its CD03 phase 3 investigative monotherapy trial to increase the weekly PRO 140 dose from 525 mg to 700 mg for newly enrolled patients. The trial’s objective is to evaluate the efficacy, safety and tolerability of PRO 140 as a long-acting, single-agent maintenance therapy for the chronic suppression of HIV. Current participants in the trial that were not able to maintain suppressed HIV viral load on a lower dose of PRO 140 will be allowed to continue in the…

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MondayJul 30, 2018 10:40 am

NetworkNewsBreaks – The Flowr Corp. Discusses Company Activities in Interview with New Cannabis Ventures

The Flowr Corp. was the subject of a recent article by New Cannabis Ventures highlighting the company’s activities as it prepares to become publicly-listed. CEO Tom Flow and Chairman of the Board and Chief Strategist Steve Klein provided an exclusive interview with New Cannabis Ventures discussing its strategy to compete in the booming Canadian market. Per the article, the company is currently building its 84,000-square-foot flagship facility in Kelowna, British Columbia, which is expected to be complete by year-end with an annual production capacity of 12,000 to 15,000 kilos. The company is also designing other facilities, which will bring Flowr’s…

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MondayJul 30, 2018 9:33 am

NetworkNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Uplists to the OTCQX Best Market

Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) this morning announced that the company’s Form 211 has been approved by FINRA, and the approval to uplist to the OCTQX Best Market as a foreign issuer, with full Depository Trust Company (“DTC”) eligibility is now in process. Effective today, the company's common shares began trading on the OTCQX under the symbol "PHVAF". Overall, the uplisting will result in added service, value and convenience to USA investors while DTC eligibility streamlines and fast-tracks the settlement process of daily trades. "As a publicly traded company, with US operations, the United States is a critical market…

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FridayJul 27, 2018 10:17 am

NetworkNewsBreaks – Pacific Software, Inc. (PFSF) Engages NetworkNewsWire for Corporate Communications Solutions

Emerging development technology corporation Pacific Software (OTC: PFSF) this morning announced that it has engaged the corporate communications expertise of NetworkNewsWire (“NNW”). The company applies its Hyperledger blockchain-based technology system solutions to industries that benefit from valuable transparency and encrypted technology. As part of the Client-Partner relationship with Pacific Software, NNW will employ its investor-based distribution network of over 5,000 key syndication outlets, various newsletters, social media channels, blogs and other outreach tools to produce greater brand awareness for the company. To view the full press release, visit http://nnw.fm/Xlp9R About Pacific Software Inc. Pacific Software, Inc. (OTC: PFSF) is an…

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FridayJul 27, 2018 9:40 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) President and CEO Discuss Activity at the NIBA Conference in Interview on MoneyTV

SinglePoint, Inc. (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 President Wil Ralston and CEO Greg Lambrecht discussed highlights from the company’s recent attendance at the National Investment Banking Association (“NIBA”) conference in New York City. "We had a lot of attention from investors and funders. We're just really excited about what the next couple of months, after we're fully reporting, has in store for SinglePoint,” SinglePoint CEO Greg Lambrecht stated in the interview.…

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FridayJul 27, 2018 9:37 am

NetworkNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Introduces FIRESIDE Recreational Cannabis Brand

Globally licensed cannabis company ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced the introduction of FIRESIDE, its first recreational cannabis brand. Per the update, FIRESIDE has been tailored specifically for social cannabis users, based on extensive research and consumer insights. When the adult-use recreational cannabis market opens to Canadians on October 17, 2018, FIRESIDE products will be available in both dried whole-bud and pre-rolled formats. “Legalization will bring a wide variety of different consumers to cannabis, and many will want a high-quality product without having to be an expert at choosing between strains,” Sung Kang, chief marketing officer…

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ThursdayJul 26, 2018 12:51 pm

NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Reiterates Revenue Guidance; Focuses on Rapid Growth Market Opportunities

Sugarmade (OTC: SGMD), one of the largest publicly traded cannabis-related hydroponics supply companies, recently reiterated its $30 million revenue guidance for the fiscal year ending 2019. The guidance is supported as the company remains on a robust growth trajectory to reach at least $30 million, which will represent an increase in annual growth of over 500%. Fast expansion in the cannabis cultivation sector has been credited as the key contributor to Sugarmade’s aggressive growth rate. In addition, the company also recently concluded its culinary business line to concentrate on rapid growth market opportunities in cultivation. "We believe our growth-induced reporting…

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ThursdayJul 26, 2018 11:00 am

NetworkNewsBreaks – Auscrete Corp. (ASCK) Engages NetworkNewsWire for Corporate Communications Solutions

Auscrete (OTC: ASCK) this morning announced that it has engaged the corporate communications expertise of NetworkNewsWire (“NNW”). Auscrete is a building products manufacturer of environmentally friendly, energy efficient housing and commercial structures materials using its proprietary lightweight hybrid concrete/insulation wall and roof panels. The company's construction material delivers a greatly reduced total cost compared to conventional construction methods. As part of the Client-Partner relationship with Auscrete, NNW will employ its investor-based distribution network of over 5,000 key syndication outlets, various newsletters, social media channels, blogs and other outreach tools to produce greater brand awareness for the company. To view the…

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ThursdayJul 26, 2018 10:26 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) CEO Comments on Vernal Express Newspaper Article Discussing the Asphalt Ridge Facility

Fully integrated oil and gas company Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) this morning commented on a recent front-page article published by a local news publication discussing the company’s recent activities in the commissioning of its Asphalt Ridge heavy oil extraction facility located near Vernal, Utah. The article titled “Petroteq Looks to Change the Game in Oil Extraction” was released by the Vernal Express earlier this week. “I was humbled when I was made aware that we were featured on the front page of the Vernal Express earlier this week, we are grateful to be making a positive impact in…

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