Breaks Categories: News

ThursdayMay 17, 2018 11:02 am

NetworkNewsBreaks – Emmis Communications Corp. (NASDAQ: EMMS) Posts Fiscal Q4, Full-Year Financial Results

Emmis Communications (NASDAQ: EMMS) recently reported results for its fourth fiscal quarter and full-year ending February 28, 2018. Among other highlights, the company reported radio net revenues for the fourth fiscal quarter of $28.4 million, a decrease of 16% from $34.0 million in the prior year. The company also reported full year radio revenues of $142.9 million compared to $165.1 million in the prior year, demonstrating a decrease of 13%. Including the net proceeds from the company’s recently-finalized sale of its St. Louis radio stations, Emmis has less than $20 million of net credit facility debt outstanding. "In the last…

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ThursdayMay 17, 2018 10:22 am

NetworkNewsBreaks – EVIO, Inc. (EVIO) Posts Fiscal Q2 2018 Financial Results

EVIO, Inc. (OTCQB: EVIO), a leading provider of cannabis testing and scientific research for the regulated cannabis industry, recently announced financial and operating results for the quarter and six months ended March 31, 2018. Among other highlights, the company reported revenue for the second quarter of $732,311, a decrease of $56,415 or 12.1% from the second quarter last year. Revenue from the six months ending March 31, 2018, however, was $1,679,176, an increase of $177,997 or 11.9% from the same period in 2017. "EVIO's second quarter focused greatly on broadening the company's portfolio. With our recent private placement of $5.973…

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ThursdayMay 17, 2018 10:16 am

NetworkNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Subsidiary Enters Manufacturing and Supply Agreement in California

Vancouver-based biopharmaceutical company Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning announced that its wholly-owned California subsidiary, Pivot Naturals, LLC, has signed a definitive manufacturing and supply agreement with Stoney LLC, a leading brand of cannabis products in the state of California. Per the terms of the agreement, Stoney has agreed to purchase Pivot’s suite of Ready-To-Infuse-Cannabis (“RTIC”) powderized products, including formulated capsules for targeted effects, bulk powder for baking additives, single serve stick packs and pet food supplements. Order quantities will be determined in rolling 30-day periods commencing in 2018. “I am thrilled to execute our…

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ThursdayMay 17, 2018 9:57 am

NetworkNewsBreaks – Marijuana Company of America, Inc. (MCOA) JV Completes Setup of 10,000 sq. ft. Greenhouse Space

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced the completion of the setup of 10,000 sq. ft. of greenhouse space in its Washington-based joint venture (“JV”) with Bougainville Ventures, Inc. Pending the completion of an anticipated inspection this week, the tenant grower will be able to commence cultivation in the greenhouse space. The setup marks the first 10,000 of an intended 30,000 square foot facility with the capacity to hold approximately 4,000 plants. "As landlords we are looking forward to providing a turnkey property to the first of hopefully many licensed tenants in Washington.…

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ThursdayMay 17, 2018 9:35 am

NetworkNewsBreaks – FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRA: TQ42) Announces Digital User Acquisition Initiatives

Fan-focused entertainment company FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRANKFURT: TQ42) this morning announced that it has retained the services of an industry leading mobile app marketing and strategy firm. Per the update, the primary purpose of the initial digital campaigns is to increase growth and discovery, drive engagement, refine potential revenue opportunities and better position the FANDOM SPORTS App for the successful rollout of its v2 product, which is currently scheduled for release in early Q4 2018. FANDOM SPORTS’ early user acquisition initiatives are expected to focus on the core “on-brand” v1 Android version of its app…

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ThursdayMay 17, 2018 9:27 am

NetworkNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Forms Board of Advisors

British Columbia-based cannabis cultivation firm Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning named key executives that it has appointed to its Board of Advisors to help drive the brand into Canada's promising recreational marijuana market. Per the update, the newly-appointed advisors are Derek Chan, John Heaney and Bobby Black. "These individuals bring a wealth of knowledge and experience from a variety of industries. Our ability to attract this phenomenal talent is a testament to Choom's vision and strategic plan as we launch our brand in Canada's recreational use cannabis segment. As we rapidly execute our business model we have…

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WednesdayMay 16, 2018 4:20 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) Discusses Recent Supreme Court Ruling on Sports Betting Ruling in Video Podcast

SinglePoint (OTCQB: SING), through a video podcast, recently discussed the Supreme Court’s decision to overturn a 1992 federal law that previously prohibited sports betting in 46 states. SinglePoint CEO Greg Lambrecht and President Wil Ralston discussed how the ruling will affect some of the companies it has invested in, including StakeHaul, the No. 1 downloaded social betting app on the iTunes App Store. “The companies that we invested in two years ago had great traction, great referral programs and great technology in the daily fantasy sports arena,” President Wil Ralston stated in the podcast. “We're really excited that the ruling…

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WednesdayMay 16, 2018 12:46 pm

NetworkNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Announces Pricing of Registered Offering

DPW Holdings (NYSE American: DPW), recently announced its entrance into definitive agreements for the sale of $6 million of its common stock and warrants in a registered direct offering to new and existing institutional and accredited shareholders of the company. Per the agreement, DPW will issue 7,691,775 shares of common stock at a purchase price of $0.78 per share. Additionally, investors will receive five-year warrants to purchase shares of common stock at an exercise price of $0.94 per share. Warrants to purchase up to 1,922,944 shares will be immediately exercisable, with the remainder exercisable six months after the closing date.…

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WednesdayMay 16, 2018 9:50 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Announces Moneytrac Technology’s Participation at Cannabiz Expo Tech Panel

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that the technology team from MoneyTrac Technology, Inc., a company in which GOHE currently holds an 18 percent ownership stake, recently participated in a tech panel at the Cannabiz Expo in Los Angeles. Per the update, MoneyTrac observed an immense amount of interest regarding its cashless payment solution powered by GreenBox blockchain technology, MTRAC. “We at MoneyTrac are committed to solving the issues of safety, fiscal compliance, and efficiency for the Cannabis Industry with our unique offering. The technology we are bringing to market will benefit the entire upstream…

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WednesdayMay 16, 2018 9:25 am

NetworkNewsBreaks – AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) Enters Distribution Agreement with Thomson Reuters

Artificial intelligence company AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) this morning announced its entry into a distribution agreement with Thomson Reuters (TSX: TRI) (NYSE: TRI) whereby Thomson Reuters will distribute financial research reports created by AnalytixInsight’s artificial intelligence platform to customers on its financial desktop applications, Eikon and Thomson One. “Adding Thomson Reuters as a content distributor is a milestone achievement for us,” Prakash Hariharan, CEO of AnalytixInsight, stated in the news release. “They are the world’s leading information provider in financial markets, and we are very pleased to be their partner.” As part of this new agreement, Thomson Reuters…

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