Breaks Categories: News

ThursdayNov 09, 2017 11:13 am

NetworkNewsBreaks – Marijuana Company of America (MCOA) Completes Financing for Bougainville Ventures JV Agreement

Marijuana Company of America Inc. (OTC: MCOA), an innovative hemp and cannabis corporation, this morning announced that it has completed its financing of $800,000 in cash and 15 million shares of the company’s common stock in full satisfaction of the amended terms of its joint venture agreement with Bougainville Ventures, Inc. ("BV"). Per the terms of the agreement and with the completion of funding, MCOA has secured a 50 percent equity stake in BV-MCOA Management, LLC and will receive 50 percent of the net profits from leasing the planned facility, which will accommodate a contracted cannabis production and processing tenant…

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ThursdayNov 09, 2017 10:41 am

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) Announces Filing of New Patent Application with USPTO

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP), a biosciences company that has developed delivery technologies to improve absorption of bioactive compounds, this morning announced that it has filed a new patent application with the U.S. Patent and Trademark Office (“USPTO”) covering the use of its DehydraTECH™ technology for the delivery of phosphodiesterase type 5 (PDE5) inhibitors. Existing products occupying this space include Viagra™ (sildenafil) and Cialis™ (tadalafil). Per the update, a common complaint regarding existing PDE5 inhibitors relates to the slow-acting nature of the substances. Lexaria believes that its patented DehydraTECH™ technology, building on existing research with cannabinoid delivery, will…

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ThursdayNov 09, 2017 10:05 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Moving Closer to Launch of ICO

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”), continues to make significant headway with Pegasus Fintech, Inc. related to their joint efforts to develop a cryptocurrency token for the cannabis industry. “We are truly excited about the progress our tech and business development teams have made in recent weeks with the collaborative work they have been engaged in with Pegasus Fintech,” James Hancock, CEO of MTRAC, stated in the news release. “MoneyTrac’s entry into the digital currency market will be a very big step forward in our objective…

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ThursdayNov 09, 2017 9:36 am

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) Enters Distribution Partnership with Vapor Group, Inc. (VPOR) Subsidiary

PotNetwork Holding, Inc. (OTC: POTN) this morning announced its entry into a distribution partnership with Total Vapor, Inc., a subsidiary of Vapor Group, Inc. (OTC: VPOR), to distribute Vapor’s Easy Grinder™ electronic herbal grinder, which is designed to meet the needs of the medical marijuana marketplace. “We are constantly on the look out for new, superior, cutting-edge products to add to our consumer offerings and distribution to our resellers,” Maria Gomez, regional vice president of sales for PotNetwork subsidiary Diamond CBD, Inc., stated in the news release. “Easy Grinder™ is such a product as it is unmatched in performance and…

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WednesdayNov 08, 2017 11:45 am

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) CEO Interviewed on Small Cap Spotlight Podcast

PotNetwork Holding, Inc. (OTC: POTN) this morning announced that Dr. Richard Goulding, its new chief executive officer, has been interviewed by Dave Donlin on the Small Cap Spotlight Podcast, which is featured exclusively on PublicWire.com. In the interview, Goulding summarizes PotNetwork’s recent accomplishments and sheds light on how the company has strategized to continue evolving. He also discloses how PotNetwork intends to employ in-house testing on its products in order to facilitate greater discovery of how specific blends can be potentially beneficial to customers. The full interview can be heard at http://nnw.fm/3Sc94. To view the full press release, visit http://nnw.fm/8eiWp…

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WednesdayNov 08, 2017 10:58 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Featured in Uptick Newswire “Stock Day” Interview

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced that CEO Greg Lambrecht was a special guest on the first-ever video recording for Uptick Newswire “Stock Day” with new host Kathryn Donnelly. In the interview, Lambrecht reviews SinglePoint’s plan for bringing revenues in house during 2018, as well as the strategy behind the products that it is marketing to the cannabis sector. Lambrecht concludes the interview by discussing SinglePoint’s efforts to uplist to the OTCQB Venture Market, including outlining how the company will get there and evaluating its current stock price. To review the full interview, visit http://nnw.fm/oQWB6. To…

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WednesdayNov 08, 2017 10:08 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Confirms Presence of High Grade Cobalt at Silver Banner Mine

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning reported high grade cobalt from muckpile sampling at the historic Silver Banner mine at the northern part of the Cobalt Camp in Ontario, Canada. Per the update, these results make Silver Banner an attractive drilling target for 2018, as they confirm the presence of a productive vein system in the underexplored mafic volcanic rocks, similar to those seen at the Bellellen, Keeley and Frontier mines. “We have quickly identified several prospective cobalt targets within the First Cobalt, CobalTech and Cobalt One land packages and we are…

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WednesdayNov 08, 2017 9:38 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Announces Plans to Conduct Geophysical Survey at Paradox Basin

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that it has engaged Dawson Geophysical Company of Houston, Texas, to conduct a detailed seismic geophysical survey over the Blueberry Unit within the company’s Paradox Basin Petrolithium project in Utah. Per the update, preparations are already underway, and Dawson expects to commence the survey shortly with the goal of identifying subsurface geological formations and structures that are favorable to the accumulation of oil, gas and mineral brine deposits. MGX currently holds a 75 percent working interest in the Paradox Basin project, with the…

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TuesdayNov 07, 2017 12:37 pm

NetworkNewsBreaks – RumbleOn, Inc. (NASDAQ: RMBL) Completes $16M Public Offering; Schedules Date to Release Q3 Financial Results

Shares of RumbleOn, Inc. (NASDAQ: RMBL) are up 4.27% after the company recently said it intends on releasing its financial results for the third quarter of fiscal 2017 before the market opens on Thursday, November 9. Company management will host a conference call following the release to discuss the financial results at 8:30 a.m. Eastern Time. Additionally, RumbleOn recently completed an underwritten public offering of 2,910,000 shares of its Class B common stock. Sold at $5.50 per share, gross proceeds for the company totaled approximately $16 million. The company also granted a 30-day option to the underwriters to purchase up…

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TuesdayNov 07, 2017 9:22 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Targeting Client Acquisition in the Logistics Industry

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that, in recent weeks, it has been focused on ramping-up sales, marketing and networking efforts in order to facilitate the acquisition of new clients and strategic partnerships in the fast-growing logistics industry. Per the update, the technology available in Global Payout’s Global Reserve Platform (“GRP”) offers many companies in the logistics industry the ability to break free of traditional banking chains with its fully-compliant, customizable “banking-in-a-box” software. The GRP also offers the option to move money internationally in a more swift and cost-effective manner than with traditional banks. “The…

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