Breaks Categories: News

WednesdayJan 24, 2018 11:02 am

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) Leverages Month-Over-Month Sales Growth to Greatly Exceed 2017 Revenue Projections

PotNetwork Holding, Inc. (OTC: POTN) this morning announced that, as a result of the rapid growth in sales of its Diamond CBD, Inc. subsidiary, it achieved revenues of approximately $14.5 million for the 2017 calendar year. Notably, this figure exceeded the company’s earlier projections of $8.3 million by more than 70 percent. “2017 has been a phenomenally successful year for us! Our unprecedented sales growth pays tribute to the hard work of our staff and our resellers, and the exceptional quality of our CBD product line which expanded greatly over 2017,” Richard Goulding, CEO of PotNetwork, stated in the news…

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WednesdayJan 24, 2018 10:20 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Announces Cobalt Camp Research Program

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced its initiation of a research program aimed at identifying regional controls for cobalt-silver mineralization in Ontario’s Cobalt Camp. Per the update, this program, to be conducted in partnership with the Mining Exploration Research Center at Laurentian University, marks the latest in a series of initiatives designed to bring research and innovation into the 110 year old mining camp. “Structural controls on cobalt-silver mineralization in the Camp are poorly understood and initiatives like the one announced today allow us to improve our geological models and create…

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WednesdayJan 24, 2018 9:48 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Highlights Significant Intervals from Case Lake Drill Hole Assays

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that its joint venture partner, Power Metals Corp., has reported additional drill hole assays for lithium (Li) and tantalum (Ta) mineralized intervals from the Main Dyke at Case Lake. Significant intervals include drill hole PWM-17-45, which found 1.67 percent Li2O and 127.7 ppm Ta over 6.0 meters and 1.58 percent Li2O and 233.68 ppm Ta over 8.0 meters, and PWM-17-46, which found 1.79 percent Li2O and 186.45 ppm Ta over 6.0 meters. Located in the Steele and Case townships situated roughly 80 kilometers…

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TuesdayJan 23, 2018 4:00 pm

NetworkNewsBreaks – Reign Sapphire Corp. (RGNP) Attains Significant Pre-Sale Results for New Athleisure Jewelry Brand

Direct-to-consumer custom and branded jewelry company Reign Sapphire (OTCQB: RGNP) recently launched its new athleisure jewelry brand, the ION Collection x Jen Selter. The launch resulted in over 1,000 pre-sale registrants and 36,800 Instagram followers. Selter is the creative director of the ION Collection and is responsible for the expansion of the collection to include streetwear and casual athletic wear. Setler is a well-known social media influencer with over 33 million followers across all of her social media accounts and has also graced Forbes Top Ten Fitness Influencers. “We are delighted with the better than expected pre-sale results for ION…

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TuesdayJan 23, 2018 11:51 am

NetworkNewsBreaks – IEG Holdings Corp. (IEGH) Pushes for Negotiations Related to LendingClub Offer

Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH) this morning issued a news release urging LendingClub Corporation (NYSE: LC) to enter negotiations related to the former’s tender offer to acquire approximately 4.99 percent of LendingClub’s outstanding shares. The offer, which is scheduled to expire on Thursday, February 22, 2018, comes as IEGH has identified what it believes to be “major risks and problems” with LendingClub’s business model and management strategy. IEGH believes that by altering this model to a balance sheet lender model, LendingClub would be able to generate significantly higher margins, provide substantially higher long duration cash flow, build…

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TuesdayJan 23, 2018 10:52 am

NetworkNewsBreaks – Medical Innovation Holdings, Inc. (MIHI) Turns Attention toward Blockchain Technology

Medical Innovation Holdings, Inc. (OTC: MIHI) this morning announced that its future development efforts will include blockchain technology. Per the update, the company’s recently announced endeavor into the Health Care Sharing Organizations (“HCSO”) marketplace will be blockchain-centric in an effort to promote more efficient movement of secure data and lower transactional costs. MIHI intends to release an initial version of this platform to support its own internal operations before migrating the application to allow third-party sharing organizations to utilize the technology under a transaction fee arrangement. “We are at a beginning of a technological trend that will revolutionize how we…

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TuesdayJan 23, 2018 10:06 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Enters LOI to Acquire Bitcoin Beyond

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced its entry into a letter of intent to acquire 100 percent of Bitcoin Beyond, a premier platform that enables merchants to accept bitcoin payments using their existing web-enabled point-of-sale devices. Per the update, the acquisition, priced at $1 million all stock, is expected to provide SinglePoint with a full end-to-end purchasing experience that supplies merchants and bitcoin users with unprecedented capabilities. “We are thrilled with this opportunity,” Wil Ralston, president of SinglePoint, stated in the news release. “Acquiring Bitcoin Beyond put us ahead of what we believe merchants have access…

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TuesdayJan 23, 2018 9:42 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Appoints New Vice President of Business Development

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced its appointment of Randall W. Keller as its new vice president of business development. Keller brings more than 35 years of global experience in the energy industry to the MGX team. Per the update, Keller will work alongside former California Senate Majority Leader Richard Polanco to target geothermal lithium exploration in California and other western states that MGX has identified for potential partnerships and acquisition targets. “We welcome Randy Keller to the MGX team and look forward to utilizing his deep industry experience…

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MondayJan 22, 2018 11:32 am

NetworkNewsBreaks – Teewinot Life Sciences Corporation Awarded Broad US Patent

Cannabinoid-based pharmaceuticals company Teewinot Life Sciences Corporation this morning announced that it has been granted U.S. Patent No. 9,861,609. Per the update, the newly-issued patent has broad claims to biosynthetic methods for the pharmaceutical manufacture of cannabinoids and cannabinoid analogs. “With the grant of the '609 patent, Teewinot has now secured six U.S. patents covering processes for the manufacture of naturally-occurring cannabinoids, cannabinoid prodrugs and analogs using both biocatalysis and synthetic biology,” Dr. Richard Peet, Teewinot’s executive vice president and co-inventor of the new patent, stated in the news release. “Teewinot has filed patent applications in key countries around the…

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MondayJan 22, 2018 10:25 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Nearing Launch of Official Audit

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that the official initiation of its formal audit will likely commence in early February, with filing of the company’s Form 10-K expected sometime in March. Per the update, Global Payout’s progress toward this milestone signifies that it has made great strides in developing a strong base from which to build competitive subsidiaries in several key market sectors. “Over the years the core strategy of Global Payout has shifted significantly, from our inception as a prepaid card company to the present goals of incorporating cloud banking features into several key…

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