Breaks Categories: News

ThursdayDec 07, 2017 11:40 am

NetworkNewsBreaks – Myomo, Inc. (NYSE: MYO) Underwriter Fully Exercises Over-Allotment Option in Follow-on Offering

Commercial stage medical robotics company Myomo (NYSE American: MYO) recently announced that as the sole manager and underwriter of its follow-on offering, Roth Capital Partners exercised its underwriters’ over-allotment option in full. Per the underwriter’s option, Roth purchased 626,250 shares of common stock and accompanying warrants to purchase 626,250 shares of common stock, at a combined price to the public of $2.40 per share of common stock and accompanying warrant, for gross proceeds of approximately $1.5 million. This brings the company’s public offering total to 4,801,250 shares of common stock and accompanying warrants to purchase up to an aggregate of…

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ThursdayDec 07, 2017 10:02 am

NetworkNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Launches Pharmaceutical Cannabinoid Pipeline Websites

India Globalization Capital (NYSE American: IGC) this morning announced the launching of two new websites (www.IGCPharma.com and www.Hyalolex.com) to detail its initiatives, development timeline and pipeline of pharmaceutical cannabinoids for use in treatment of the symptoms of Alzheimer’s disease, pain, seizures and other health-related issues. Ram Mukunda, CEO of IGC, indicated in the news release that Alzheimer’s is IGC’s initial focus on the canna-pharmaceutical front and that the company’s near-term goal is to commercialize its Alzheimer’s liquid formulation as a Complimentary and Alternative Medicine (“CAM”) and sell the product through licensed medical cannabis dispensaries in the U.S., Canada and Germany.…

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ThursdayDec 07, 2017 9:19 am

NetworkNewsBreaks – Carl Data Solutions Inc. (CSE: CRL) (FSE: 7C5) (OTC: CDTAF) Enters LOI for Acquisition of Cryptocurrency Mining Hardware and Joint Development of IIoT BlockChain Technology

Carl Data Solutions (CSE: CRL) (FSE: 7C5) (OTC: CDTAF) this morning announced that it has entered into a Letter of Intent (“LOI”) with Connected Fintech for the acquisition of cryptocurrency mining hardware and to partner in joint development of a new, innovative IIoT BlockChain technology. The first-of-its-kind technology will be integrated into Carl Data's machine learning, predictive analytics and operational metrics for cryptocurrency mining hardware. Regarding the LOI that contemplates entering a definitive agreement on or before January 2, 2018, Greg Johnston, Carl Data President and CEO, stated, "Consistent with our business plan to acquire new complimentary products and services,…

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ThursdayDec 07, 2017 8:50 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Secures Definitive Referral Partnership Agreement with GreenRush Group, Inc.

Global Payout (OTC: GOHE) this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”) has entered a definitive Referral Partnership Agreement with GreenRush Group, Inc. The partnership agreement provides a new revenue stream to MTRAC through the referral of cannabis-related businesses who enter a contract with greenRush for the use of their e-commerce payment platform and Green Label Platform. Per the agreement, MTRAC also has the opportunity to receive recurring commissions from referrals that result in e-commerce transaction activity conducted on the greenRush platform. “This agreement will give us an opportunity to contribute to the growth of greenRush…

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ThursdayDec 07, 2017 8:20 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Acquires Property Near Past Producing Caswell Mine

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning said it has purchased four mining claims positioned near the past producing Caswell mine in the Central Cobalt region of the Cobalt Camp in Ontario. The properties are contiguous to First Cobalt’s properties to the west of the Caswell and La Tour mines and the Thompson prospect in Central Cobalt. Additionally, the newly-acquired claims span an area that may contain the extension of structures connected to mineralization at the Caswell mine and the Thompson prospect. “Expansion of First Cobalt’s property into this highly prospective area increases the opportunity for regional exploration…

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WednesdayDec 06, 2017 10:27 am

NetworkNewsBreaks – MGX Minerals Inc.’s (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Engineering Partner Partially Commissions Lithium Recovery System

MGX Minerals (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that engineering partner PurLucid Treatment Solutions has partially commissioned the commercial-scale NFLi5 lithium recovery system at its new Calgary, Alberta manufacturing facility. The pre-treatment system is operational with all initial two stage electrical, control and pump systems operational under constant flow. Over the coming weeks, additional mineral extraction nanofiltration components are expected to be brought online with deployment of the system planned in early Q1 2018. According to the news release, the NFLi5 system is able to daily process 750 barrels (120 cubic meters) of brine. Utilizing patented technology…

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WednesdayDec 06, 2017 10:19 am

NetworkNewsBreaks — Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Secures Membership in American Petroleum Institute

Oil and gas exploration company Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) today announced that it has joined the American Petroleum Institute (“API”), the sole national trade association representing all facets of the oil and natural gas industry including promoting global safety and influencing public policy. Regarding the strategic move, Alex Blyumkin, CEO of PQEFF stated in the news release, “We are very pleased to join the oil and gas industry leaders of API. API has led the development of operating standards for our industry, and we look forward to contributing our experience with oilfield technologies in addition to introducing our…

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WednesdayDec 06, 2017 10:12 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Inks LOI Formalizing Joint Venture with Smart Cannabis Corp. (SCNA)

SinglePoint (OTC: SING) and Smart Cannabis (OTC: SCNA) have signed a Letter of Intent (“LOI”) to formalize a joint venture relationship. Per this morning’s press release, the two companies are embarking on a multi-purpose joint venture and co-marketing relationship to bring cyber currency payment solutions together with the SMART APP automation software product and the upcoming "Track and Trace Software System," which will be an extension to SinglePoint's current payment processing system. "As we have stated, our overall goal is to have a fully integrated solution for businesses to manage their day-to-day operations from beginning to end, and Smart Cannabis…

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WednesdayDec 06, 2017 8:55 am

NetworkNewsBreaks – Medical Innovation Holdings, Inc. (MIHI) Bkare Subsidiary Enters a Strategic Arrangement with AeonMD, LLC

Medical Innovation Holdings (OTC: MIHI) this morning said that its subsidiary, Bkare Diagnostics, LLC, has embarked on a new strategic arrangement with AeonMD, LLC. Bkare intends to expand its offerings to primary care physicians to include AeonMD's ADAPT Preventive Care patient assessment and diagnostics solutions. The initiative will immediately impact physicians in Georgia and is anticipated to expand into neighboring states over the next 90 days. "The combination of creating revenue streams for the physician offices and our shareholders is a win-win," MIHI chief executive officer Jake Sanchez stated in the news release. To view the full press release, visit http://nnw.fm/Xv2XU…

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WednesdayDec 06, 2017 8:49 am

NetworkNewsBreaks – Quantum Cobalt Corp. (CSE: QBOT) (FRA: 23B) Completes First Pass Exploration on Nipissing Lorrain Mine Project

Quantum Cobalt (CSE: QBOT) (FRA: 23B) this morning said it has completed its first pass exploration program on the Nipissing Lorrain Mine Property located 26 kilometers southeast of Cobalt, Ontario. The first pass program primarily focused on the historically mined Staples vein and consisted of prospecting, mapping and sampling. A total of 28 rock samples were collected and the results are pending. "We are eagerly expecting results from the Nipissing Lorrain Mine Property, and based on those interpretations this will allow the company to continue its strategic exploration of its Cobalt assets," Quantum Cobalt chief executive officer Greg Burns stated…

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