Breaks Categories: News

MondayFeb 26, 2018 9:09 am

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Records More than $270,000 in Sales at CHAMPS Trade Show

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning announced that it recorded over $270,000 in sales at the 37th CHAMPS Trade Show, which took place at the Las Vegas Convention Center from February 19-21, 2018. Diamond CBD continued to build on its highly successful history of sales at such events at the CHAMPS winter show, its first major trade show of 2018. Per the update, the company’s performance at the show surpassed past records of trade show sales for its CBD product line. “Without a mistake, Diamond CBD is off to a great start in…

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FridayFeb 23, 2018 1:42 pm

NetworkNewsBreaks – Moleculin Biotech, Inc. (NASDAQ: MBRX) Closes $9M Registered Direct Offering

Clinical stage pharmaceutical company Moleculin Biotech (NASDAQ: MBRX) has closed its offering of 4.29 million registered shares of common stock at a purchase price of $2.10 per share. Concurrently in a private placement, for each share of common stock purchased by an investor, the investor will receive an unregistered warrant to purchase 0.5 of a share of common stock. The warrants are exercisable six months from the date of issuance at a price of $2.80 per share and will expire five years from the initial exercise date. Moleculin intends to use the gross proceeds from the offering, which total approximately…

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FridayFeb 23, 2018 11:08 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Recent LOI, Acquisition Strategy in Interview on MoneyTV

Specialized holding company 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 CEO Greg Lambrecht discussed the company’s recently announced Letter of Intent (“LOI”) with ORHub, Inc. (OTC: ORHB) to develop a blockchain services platform for health care applications. Per the agreement, ORhub will engage SinglePoint for up to $750,000 in initial development costs. Lambrecht also updated viewers on the company’s plans for 2018, including its aggressive acquisition strategy moving forward. Per the…

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FridayFeb 23, 2018 10:29 am

NetworkNewsBreaks – Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) Signs Agreement to Acquire Sechelt Organic Marijuana Corp.

Veritas Pharma (CSE: VRT) (OTC: VRTHF) (FRT: 2VP), a pharmaceutical and IP development firm, this morning announced that it has signed an agreement with 906474 ALBERTA LTD (“the vender”), to purchase 100% ownership of Sechelt Organic Marijuana Corp (“SOM”). Under the agreement, Veritas Pharma will purchase all outstanding shares of SOM at a price of $800,000, subject to provisions of the closing agreement. The agreement requires the vender and SOM to give Veritas Pharma unlimited access to the operations, assets, properties, and records of SOM to help it familiarize with the operations, assets, records, properties and other matters on continuous…

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FridayFeb 23, 2018 10:02 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Proceeds with Highbury Energy Partnership; Posts Initial Vanadium Nickel Cobalt Assay Results

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that the company has decided to proceed with its partnership with Highbury Energy, Inc. The two companies intend to develop a detailed thermochemical gasification process to extract metals such as nickel, vanadium, cobalt, and hydrogen from petroleum coke ("Petcoke"). Additionally, the company received initial vanadium nickel cobalt assay results. The samples were obtained from Alberta oil sands and refinery sales stockpile, which showed Vanadium 421 parts per million (“ppm), Cobalt 4.8 ppm and Nickel 76.8 ppm; and Vanadium 458 ppm, Cobalt 1.3 ppm…

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FridayFeb 23, 2018 9:26 am

NetworkNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) Enters LOI Detailing Proposed Acquisition of Agro-Biotech Inc.

Vancouver-based biopharmaceutical company Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) yesterday announced its entry into a non-binding letter of intent pursuant to which it proposes to acquire Agro-Biotech Inc., a Health Canada ACMPR licensed producer located in Saint-Eustache, Quebec. Upon completion of the proposed transaction, which is expected to occur by April 15, 2018, Agro-Biotech will continue to operate on a standalone basis. “With this acquisition, we are well positioned to enter the Québec cannabis market and attract experienced scientists to our organization. Pivot will seek to expand its footprint in the province beginning immediately following financing activities which are…

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ThursdayFeb 22, 2018 11:46 am

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Joins the Enterprise Ethereum Alliance

Net Element (NASDAQ: NETE), a global technology and value-added solutions group, recently announced that it has joined the Enterprise Ethereum Alliance (“EEA”). The EEA is a network comprised of over 250 innovative companies seeking to augment Ethereum adoption as an enterprise-grade technology, with research and development focused on privacy, confidentiality, scalability and security. Net Element’s entrance into the EEA is complementary to many of the company’s initiatives, including its decentralized blockchain technology solution that will permit endless value-added services. “We are excited to be a part of the Ethereum Alliance, which connects Fortune 500 enterprises, startups, academics and technology vendors…

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ThursdayFeb 22, 2018 11:44 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Recognized as Top Mining Firm in TSX Venture 50™

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced that it has been named as one of the top performing mining companies in the TSX Venture 50™, a selection of the top 10 companies listed on the TSX Venture Exchange operating in each of the five major industry sectors, including mining, energy and energy services, clean technology and life sciences, diversified industries, and technology. “It is an honour to be named to the TSX Venture 50 as a top performing mining company and we are thankful for the market's endorsement of our strategy,” Trent…

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ThursdayFeb 22, 2018 11:25 am

NetworkNewsBreaks – AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) Recognized as Top Technology Firm in TSX Venture 50™

Artificial intelligence company AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) this morning announced that it has been named as one of the top performing technology companies in the TSX Venture 50™, a selection of the top 10 companies listed on the TSX Venture Exchange operating in each of the five major industry sectors, including mining, energy and energy services, clean technology and life sciences, diversified industries, and technology. “We are honored to have been selected as one of the TSX Venture’s top 50 companies,” Prakash Hariharan, CEO and chairman of AnalytixInsight, stated in the news release. “This achievement reflects the Company’s…

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ThursdayFeb 22, 2018 11:00 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Completes Asphalt Ridge Utah Plant Improvements

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of proprietary technologies for the energy industry, this morning announced that it has completed improvements to its Asphalt Ridge Utah plant that will expand its capacity to 1,000 barrels per day. “The reassembly of the plant at the new location reduces our costs going forward compared to the prior location,” Alex Blyumkin, CEO of Petroteq, stated in the news release. “The new location, along with the addition of the new motor control center and new pumps to move our proprietary environmentally safe solvent and oil…

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