Breaks Categories: News

TuesdayJan 30, 2018 1:00 pm

NetworkNewsBreaks – AV1 Group, Inc. (AVOP) Names New Strategic Corporate Advisor

Investment and holding company AV1 Group, Inc. (OTC: AVOP) this morning announced its engagement of Jon Fortune as its new strategic corporate advisor. Fortune brings more than 15 years of energy industry experience to the AV1 Group team. “We welcome Jon to our team,” Bryen Beglinger, CEO of AV1 Group, stated in the news release. “He has a wealth of experience and with his expertise in renewable energy, he will be a significant asset. He has a number of contacts in the industry that he is already working with on co-development opportunities, solutions and building customer relationships for our LED…

Continue Reading

TuesdayJan 30, 2018 12:31 pm

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) Highlighted in SeeThruEquity Research Report

PotNetwork Holding, Inc. (OTC: POTN) this morning announced that it, along with subsidiary Diamond CBD, was highlighted in a recent comprehensive research report from SeeThruEquity. In addition to summarizing industry statistics and PotNetwork’s recent corporate milestones, the research report set an updated price target of $1.25 on the company’s shares. SeeThruEquity attributed this increase to PotNetwork’s strong monthly sales data and 3Q17 filings, which indicate “continued profitability as the company invests in growth.” PotNetwork previously announced preliminary 2017E sales estimates of $14.5 million and, per the SeeThruEquity report, is well-positioned to meet or exceed its 2018E estimate. “It is very…

Continue Reading

TuesdayJan 30, 2018 12:02 pm

NetworkNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Details Research and Option Agreement with UniQuest Pty Limited

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced and detailed its entry into a research and option agreement with the University of Queensland (“UQ”) and UniQuest Pty Limited, UQ’s main commercialization company. Per the terms of the agreement, the parties intend to conduct a research program aimed at expanding the use of their disulfide linker technology and developing non-addictive analgesics for the treatment of pain. The research program has a targeted start date of March 1, 2018, and is expected to be led by UQ researcher and PreveCeutical Chief Research Officer Dr. Harendra…

Continue Reading

TuesdayJan 30, 2018 11:08 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary to Participate in International Fintech and Blockchain Conferences

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning released the upcoming schedule of its logistics supply chain finance subsidiary, SecurCapital Corp., related to its participation in industry leading fintech and blockchain conferences in China, the United Kingdom and the United States. The company intends to participate in a number of upcoming events, including the Global Fintech & Blockchain Conference taking place April 12-13 in Shanghai, China; MIT Fintech taking place March 10-11 in Cambridge, Massachusetts; the LendIt Fintech Conference scheduled for April 9-11 at the Moscone Center in San Francisco, California; and the London Fintech World Forum set…

Continue Reading

TuesdayJan 30, 2018 10:25 am

NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Begins Resource Definition Work at Smackover Formation

Lithium-focused mining company Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) this morning announced that it has commenced detailed resource definition work at its recently optioned 33,000 acres of brine leases located in a highly prospective area of Southern Arkansas’s Smackover Formation. Per the update, the work integrates collection of new data from current well infrastructure with a large amount of previously available, high quality geological, geophysical and geochemical data. “One of the reasons that the Company aggressively pursued this lease package in the Smackover Formation was because we knew that not only was there was a wealth of…

Continue Reading

TuesdayJan 30, 2018 9:51 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Announces Development of Next Generation Energy Storage System

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF), through wholly-owned subsidiary ZincNyx Energy Solutions, Inc., this morning announced its commencement of the development of a scaled-up 20kW mass storage system for use in utility-scale battery storage. Per the update, the 20kW/160kWh modules represent a 4x increase in both energy and power as compared to ZincNyx’s current 5kW systems, all while boasting benefits such as lower costs, higher energy density and the ability to serve broader market segments. With the expanded range of the next generation system, ZincNyx is effectively addressing the need for long…

Continue Reading

MondayJan 29, 2018 3:40 pm

NetworkNewsBreaks – West Corporation to Acquire Nasdaq’s Public Relations Solutions and Digital Media Services Divisions

Technology-enabled communication services company West Corporation (“West”) this morning announced its entry into a definitive agreement with Nasdaq, Inc. (NASDAQ: NDAQ) by which West has agreed to acquire the public relations and webcasting and webhosting products and services within Nasdaq’s Corporate Solutions business. Per the update, the acquisition is valued at approximately $335 million, subject to necessary adjustments. “West is a leader in technology-enabled communication services and is focused on growth and expanding the depth and breadth of its enterprise communications client relationships,” John Shlonsky, CEO of West, stated in the news release. “This acquisition will complement and broaden our…

Continue Reading

MondayJan 29, 2018 11:03 am

NetworkNewsBreaks – Stemline Therapeutics, Inc. (NASDAQ: STML) Successfully Closes Public Offering Totaling $59.6M

Stemline Therapeutics (NASDAQ: STML) recently announced the closing of an underwritten public offering of 4,255,000 shares of its common stock, which includes the sale of an additional 555,000 shares of common stock pursuant to the full exercise of the over-allotment option granted to the underwriters. The shares were sold at a price of $14.00 per share, bringing the company’s total gross proceeds to $59,570,000 before deducting underwriting discounts, commissions and other offering expenses. Stemline intends to use the net proceeds from this offering for clinical development, regulatory, manufacturing and potentially commercial activities regarding its clinical candidates as well as other…

Continue Reading

MondayJan 29, 2018 9:45 am

NetworkNewsBreaks – EVIO, Inc. (EVIO) Appoints New Vice President of Operations

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 its appointment of Ron Russak as its new vice president of operations. Per the update, Russak joins EVIO from a 17-year career at Quest Diagnostics where, as regional director, he had operational responsibility for 529 patient service centers and 228 inter-office phlebotomy sites throughout the western United States. “After an exhaustive search, we knew immediately that Ron was the right fit for EVIO,” Lori Glauser, co-founder and COO of EVIO, stated in the news…

Continue Reading

MondayJan 29, 2018 9:15 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Enters JV Agreement with Integrated Compliance Solutions, LLC

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced the completion of a joint venture partnership agreement with Integrated Compliance Solutions, LLC (“ICS”), a premier ‘Seed to Bank™’ provider of financial and regulatory compliance services and solutions for the retail cannabis industry. Per the update, MTRAC views the establishment of this JV partnership as a critical opportunity to fortify the compliance aspects of the banking solutions that are currently being co-developed by MTRAC and its strategic partners. “The importance of compliance in an industry that is so heavily regulated like retail…

Continue Reading