NetworkNewsBreaks Archive - Page 1343 of 1739

ThursdayDec 27, 2018 11:18 am

NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Files Form S-1 Registration Statement to Receive up to $10M to Fund Expansion

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced its filing of Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) as an important step in its efforts to raise the necessary capital for funding its projects and expanding operations in 2019. MCOA’s registration statement included a prospectus for the resale of up to 500,000,000 of its common shares, issuable to K&J Funds, LLC, a selling stockholder, pursuant to a “put right” under an investment agreement, dated December 20, 2018, that the company entered into with K&J. The agreement permits MCOA to “put” up…

ThursdayDec 27, 2018 9:40 am

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Acquires Cash Flow Portfolio from Argus Merchant Services, LLC and Treasury Payments, LLC

Net Element (NASDAQ: NETE) this morning announced the acquisition of certain transactional services portfolio (cash flow) assets from Argus Merchant Services, LLC and Treasury Payments, LLC. The global technology and value-added solutions group, through its subsidiary Unified Portfolio Acquisitions, acquired the assets for a total of $1.42 million. The cash flow assets are anticipated to produce more than $4 million in gross profits over the next four years, with continued profits to follow. Argus’ total billing commitment to NETE’s Unified Payments subsidiary is projected to create more than $19 million in gross margin over the next five years. “The transactional…

ThursdayDec 27, 2018 9:35 am

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Engages Boustead Securities, LLC as Sponsor and Underwriter for Planned IPO of CBD Biotech

ChineseInvestors.com (OTCQB: CIIX), developer of a proprietary financial news media and content platform providing information to the global Chinese-speaking community, this morning announced its retention of Boustead Securities, LLC. Boustead will serve as underwriter for the planned Initial Public Offering ("IPO") of CIIX’s wholly owned foreign enterprise, CBD Biotech Co. Ltd., concurrently with a listing on a national securities exchange. “This is part of a series of actions we have put into place to execute on our strategic plan to spin-out CBD Biotech,” Chinese Investors.com Founder, CEO and Chairman Warren Wang stated in the news release. “Additionally, we believe that…

WednesdayDec 26, 2018 3:32 pm

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Classified as One of the Fastest Growing Companies in North America

In November 2018, global technology and value-added solutions group Net Element (NASDAQ: NETE) was ranked as one of North America’s 500 fastest growing companies in 2018, securing its place on Deloitte’s Technology Fast 500 (http://nnw.fm/rUki5).During the period covered in the ranking, Net Element grew by an impressive 183 percent. A recent article discussing the company reads, “Continued growth in Net Element’s North America Transaction Solutions segment was one of the most important factors contributing to the achievement. Unified Payments, a brand of leading bankcard payment processing services under the NETE umbrella, is a particularly big contributor to the company’s overall…

WednesdayDec 26, 2018 3:02 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) New Laboratory Construction Advances Rapidly

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), a biotechnology company and drug delivery platform innovator, has submitted a Health Canada research application for a license to allow in-house research to be conducted at its Kelowna-based laboratory. A recent article further discussing the company reads, “Lexaria submitted its research application under Health Canada’s Cannabis Tracking and Licensing System for the operation of a research and development (R&D) laboratory to work with cannabinoids within the company’s new Kelowna head office, now under construction. In fact, Lexaria will commence experimental work on nicotine formulations, NSAIDs, vitamins and other bioactive compounds of interest after the…

WednesdayDec 26, 2018 2:50 pm

NetworkNewsBreaks – Sharing Services, Inc. (SHRV) Employs Direct Selling Channel to Produce Organic Growth

Sharing Services’ (OTCQB: SHRV) wholly-owned subsidiary, Elepreneurs, LLC, is focused on contracting with companies to promote and sell products by employing a direct selling model. A recent article discussing SHRV reads, “Sharing Services is working to mesh Eleprenuers with the Sharing Service brand to create mutual benefits. Elevating home-based entrepreneurs, called Elepreneurs, is a primary emphasis of the company. Sharing Services is utilizing the direct selling channel to produce 100 percent organic growth. The goal is to create as many successful, independent business leaders as possible. In the last few months, the company has grown by 10,000 independent sales representatives.…

WednesdayDec 26, 2018 10:29 am

NetworkNewsBreaks – CytoDyn Inc. (CYDY) Appoints Chief Technology Officer Nitya G. Ray, Ph.D.

Biotechnology company CytoDyn (OTCQB: CYDY) today announced that it has named Nitya G. Ray, Ph.D. to serve as its new chief technology officer – head of process sciences, manufacturing & supply chain. Dr. Ray, from November 2015 to June 2017, served as CytoDyn’s senior vice president of manufacturing. Most recently, he served Actinium Pharmaceuticals, Inc. as its executive vice-president, head of product development, manufacturing and supply chain. Prior to joining CytoDyn in 2015, Dr. Ray was senior vice president at Progenics Pharmaceuticals, Inc. and, during his 14-year tenure there, was responsible for manufacturing, process and analytical sciences, and quality control.…

WednesdayDec 26, 2018 9:56 am

NetworkNewsBreaks – Earth Science Tech, Inc. (ETST) Engages Counsel to Assist with Canadian Securities Exchange Dual Listing

Innovative biotechnology company Earth Science Tech (OTCQB: ETST) on Monday announced its engagement with Fasken, a law firm with extensive Canadian Securities Exchange (CSE) expertise, to assist with its Canadian dual listing. In moving forward with ETST’s dual listing of its common shares on the CSE, announced in early December, Fasken will assist throughout the process, including preparation and filing of the required documentation. “We are pleased to announce we are moving forward with our Canadian dual listing,” ETST President, Director and Chairman Nickolas S. Tabraue stated in the press release. “Fasken is a trusted law firm that works with…

WednesdayDec 26, 2018 9:25 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Executes Licensing Agreement with GreenBox POS (GRBX)

Global Payout (OTC: GOHE) recently announced the execution of a license agreement with GreenBox POS (OTC: GRBX) to utilize its innovative blockchain payment technology in providing payments to various industries that have been classified as low and high-risk by traditional merchant processors. MTrac Tech Corp., a wholly-owned subsidiary of GOHE, holds an exclusive licensing agreement with GreenBox for specific industries. “While the last year has been dedicated to the development and launch of MTrac, we have also been planning to expand the reach of Global Payout for some time,” MTrac CEO Vanessa Luna stated in the news release. “The extension…

FridayDec 21, 2018 3:41 pm

NetworkNewsBreaks – QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Prepares to Rapidly Increase Exploration Upon Receipt of Pending NI 43-101 Report

QMC Quantum Minerals (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) is currently wrapping up an action-packed year at its Irgon Lithium Mine Project and preparing to rapidly expand exploration in an effort to bring the project into production as soon as its qualified engineer has upgraded the historical resource estimate to be compliant with current NI 43-101 standards. A recent article discussing the company reads, “On receipt of the pending NI 43-101 report, the company expects to be able to “rapidly increase” the rate of development and subsequent production from this hard rock (spodumene) site, drawing on infrastructure that includes a…

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