Breaks Categories: News

ThursdayJan 11, 2018 10:17 am

NetworkNewsBreaks – Medical Cannabis Payment Solutions (REFG) Announces Plans to Accept Bitcoin Payments

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning announced plans to begin processing payments in bitcoin. Per the update, this development goes beyond the current version of the company’s merchant app, which is available to state-licensed marijuana establishments. “The payment system will offer a unique Bitcoin payment option enabling consumers to easily use the digital currency to make purchases,” Sean Hullinger, chief legal officer of Medical Cannabis Payment Solutions, stated in the news release. “This process allows stores to accept not only electronic payments in US dollars, but also digital currency (instead of cash only).  We…

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ThursdayJan 11, 2018 9:44 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Adds Christopher Wolfenberg to Board of Directors

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced the appointment of Christopher Wolfenberg to its board of directors. Wolfenberg is currently a partner with the law firm Fasken Martineau LLP, having previously served as a partner with Norton Rose Fullbright. “MGX welcomes Mr. Wolfenberg to the Board of Directors,” Jared Lazerson, president and CEO of MGX, stated in the news release. “His experience in mining, energy, and technology sectors will serve to further strengthen our leadership team as we move forward in 2018 and beyond. As MGX grows the legal, finance…

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WednesdayJan 10, 2018 1:12 pm

NetworkNewsBreaks – IEG Holdings Corp. (IEGH) Unveils Plans for New Cryptocurrency

Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH), through wholly owned subsidiary Investment Evolution Crypto, LLC, this morning announced that it is negotiating to purchase a gold project with gold metal in the ground and prospecting licenses. IEG Holdings intends to utilize this gold resource to investigate creating its own gold metal-backed cryptocurrency, potentially offering loans and accepting loan repayments in the new blockchain-based currency. “Unlike Bitcoin, Ripple, Ethereum and Litecoin etc., IEGH's crypto currency is planned to be backed by gold metal and registered with the SEC as a security,” Paul Mathieson, chairman and CEO of IEGH, stated in…

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WednesdayJan 10, 2018 12:45 pm

NetworkNewsBreaks – ORHub, Inc. (ORHB) Receives $3.8M from Exercise of Warrants

Advanced medical software company ORHub, Inc. (OTC: ORHB) this morning announced that it has received gross proceeds of $3.86 million from the exercise of warrants prior to their expiration on December 31, 2017. The company previously announced a special exercise price of $0.35 for all series of warrants outstanding, and all warrants issued by the company have now been exercised or have expired, positioning ORHub’s capital structure for clean appreciation as revenues and earnings increase. “ORHub is privileged to have strong support from our investor community as demonstrated by the successful warrant exercise,” Colt Melby, CEO of ORHub, stated in…

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WednesdayJan 10, 2018 11:55 am

NetworkNewsBreaks – Marijuana Company of America, Inc. (MCOA) and Global Hemp Group Announce Results from First Phase of Industrial Hemp Project

Marijuana Company of America, Inc. (OTC: MCOA), alongside Global Hemp Group, Inc. (OTC: GBHPF) (CSE: GHG), this morning released a final report summarizing the first phase of the two companies’ industrial hemp project in New Brunswick, Canada. Per the update, the partners successfully cultivated industrial hemp during the 2017 growing season in an effort to ensure that the plant could be productive under New Brunswick growing conditions. In preparation for proposed changes to Canadian legislation that will permit cannabidiol extraction from industrial hemp, the partners have now turned their attention toward the next season of crops, with a minimum of…

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WednesdayJan 10, 2018 11:07 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Teams with Kevin Harrington to Launch National TV Campaign

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced a long-term global collaboration with Kevin Harrington, an original ‘shark’ on the hit TV show Shark Tank and creator of the ‘As Seen on TV’ industry. As part of this partnership, Harrington will work hand-in-hand with SinglePoint to launch a range of services in the company’s cryptocurrency division. “Kevin’s legendary work producing the launch of more than 500 products is just one of the many reasons we are thrilled about this partnership,” Wil Ralston, president of SinglePoint, stated in the news release. “Impressively, 20 of Kevin’s companies have each topped…

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WednesdayJan 10, 2018 10:43 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Announces Positive Assay Results

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced positive assay results from two holes intersecting cobalt mineralization on two separate veins in the Woods Extension area of the Cobalt Camp in Ontario, Canada. Per the update, these intercepts, in conjunction with previous results from the area, suggest that a broad deformation zone of mineralization may exist between the Woods and Watson veins. “Drill results from Woods Extension continue to prove exciting during these early days of our Cobalt Camp drilling,” Trent Mell, president and chief executive officer of First Cobalt, stated in the…

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WednesdayJan 10, 2018 10:15 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Receives Notices of Allowance from US and Canadian Patent Offices

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of environmentally friendly heavy oil processing and extraction technologies, this morning announced that it has received a Notice of Allowance from the United States Patent and Trademark Office for U.S. Patent Application 13/627,518, “Oil From Oil Sands Extraction Process” and a Notice of Allowance from the Canadian Intellectual Property Office for Canadian Patent Application 2,754,355, “Oil Extraction Process.” “We are very excited to receive the Notices of Allowance from the respective U.S. and Canadian patent offices,” Alex Blyumkin, CEO and chairman of Petroteq, stated in…

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WednesdayJan 10, 2018 9:43 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Reports Start of Drill Program at Case Lake Property

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 commenced a 2,000-meter drill program on the Northeast Dyke at Case Lake, which is located east of Cochran, Ontario. Drill hole PWM-18-51, the first drill hole on the entire claim, is currently in progress and is collared five meters north of a spodumene pegmatite outcrop. Per the update, this shallow hole will drill beneath the location of the surface assay of 7.14 percent Li2O, as was further detailed in a previous news release. To…

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TuesdayJan 09, 2018 1:11 pm

NetworkNewsBreaks – ProBility Media Corp.’s (PBYA) Brown Technical Media Corp. Division to Launch New HVAC Training Course at AHR Expo

EdTech innovator ProBility Media (OTCQB: PBYA), through its Brown Technical Media Corp. division, this morning said the launch of its new technologically advanced HVAC Training Course will take place at the AHR Expo 2018 at McCormick Place in Chicago, Illinois, January 22-24. The company’s latest offering delivers a fully immersive experience including virtual reality and digital animation. The course will be taught by Chris Walters, who has over 30 years’ experience in the HVAC industry. “ProBility is disrupting the way education and training are traditionally delivered by replacing older education methods with immersive virtual and augmented reality (VR/AR) technologies supporting…

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