NetworkNewsBreaks

FridayNov 15, 2019 10:37 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Substantially Increased Revenues and Profits on MoneyTV with Donald Baillargeon

Technology and investment company SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The program is syndicated internationally and covers money-focused topics, featuring various companies and in-depth interviews with CEOs and executives that offer insights into operations and future outlooks. MoneyTV is viewed in over 200 million households in more than 75 countries. This week’s program featured SinglePoint CEO Greg Lambrecht as he discussed substantially increased revenues and profits. “Our revenue is up 176%,” Lambrecht said in the show, comparing the substantial growth to the same period last year. “The gross profit is up 50%…

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FridayNov 15, 2019 10:05 am

NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Q1 2020 Results, $90 Million Credit Facility led by Bank of Montreal

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Thursday announced the release of its financial and operating results for the first quarter ended September 30, 2019. In addition, the company announced its entry into a credit agreement with Bank of Montreal ("BMO") as Lead Arranger and Agent on behalf of a group of lenders for $90 million of senior secured credit facilities consisting of a term loan of $70 million and a revolving credit facility of $20 million. “In the first quarter of fiscal 2020, we operated through challenging market conditions while integrating new businesses and product planning…

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FridayNov 15, 2019 9:57 am

NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Releases Q3 2019 Financial and Operating Results

VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF), an Ontario-based cannabis company recognized for its premium products and services, on Thursday released its third quarter 2019 financial and operating results. According to the update, VIVO's net revenue increased to $6.3 million during Q3 2019, which represents a 19% increase relative to the same period last year. The increase reflects the ramp-up of the company's licensed capacity, which is expected to generate further revenue growth in Q4 2019. “Our focus for the first half of the year was to satisfy the needs of the evolving adult-use market, provide consistent supply of quality…

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FridayNov 15, 2019 9:31 am

NetworkNewsBreaks – Sigma Labs, Inc. (NASDAQ: SGLB) Posts Q3 2019 Financial Results

Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D printing industry, on Thursday reported its financial and operational results for the third quarter ended September 30, 2019. Among other highlights, the company reported revenue for the third quarter of $171,003, a significant increase compared to $128,593 for the same period in 2018. On Thursday, Sigma Labs Chairman and CEO John Rice and CFO Frank Orzechowski hosted a conference call to discuss the results for the third quarter. A replay of the conference call is available through November 28, 2019. To listen to the replay,…

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ThursdayNov 14, 2019 3:02 pm

NetworkNewsBreaks – Eagle Labs Announces Launch of impirica CBD Brand

Eagle Labs Inc. on Wednesday announced the launch of impirica (www.impirica.co), a new cannabidiol (“CBD”) brand intended to eliminate consumer hesitancy and increase confidence of those interested in trying CBD products. According to the update, Eagle Labs has taken numerous steps to differentiate impirica from other CBD products in the exciting and highly competitive market. “The impirica brand is strategically designed and looks different than most CBD brands — the brand name itself connotes testing and trust, and you won’t find a hemp leaf anywhere on the packaging,” Eagle Labs Chief Commercial Officer Michael Law said in the news release.…

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ThursdayNov 14, 2019 2:34 pm

NetworkNewsBreaks – Wonderfilm Media Corp. (TSX.V: WNDR) (OTCQB: WDRFF) CEO Featured in OTCQB Podcast

Wonderfilm Media (TSX.V: WNDR) (OTCQB: WDRFF), a producer of high-quality feature films and episodic television with international appeal, was featured in Season 3 Episode 23 of the OTCQB Podcast Series. The series provides recorded interviews with entrepreneurs and innovators behind the companies that trade on the OTCQB Venture Market. In the episode, Wonderfilm’s CEO Kirk Shaw discusses exciting upcoming projects, indicating that the company releases 12 to 15 movies a year. Shaw speaks of his favorites, including “1974,” which is based on the Amityville Horror series. “We’ll shoot that this November, and it will get released in October of 2020,”…

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ThursdayNov 14, 2019 1:54 pm

NetworkNewsBreaks – Trxade Group Inc.’s (TRXD) Bonum Health Unveils Next-Gen Healthcare Solution Coming Soon to Independent Pharmacies

Trxade Group (OTCQB: TRXD), an integrated pharma supply chain and care platform, through its Bonum Health subsidiary, today introduced the “Bonum Health Hub,” a self-enclosed, free standing virtual examination room. According to the update, the private, modular exam rooms for pharmacies, which will begin rolling out in the first quarter of 2020, enable online face-to-face contact with one of 800 board-certified healthcare providers. Trxade, through Bonum, is extending its reach into independent pharmacies located in both rural and urban communities with this next-generation “value add” to compete with the capabilities of the national chains. To view the full press release,…

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ThursdayNov 14, 2019 1:38 pm

NetworkNewsBreaks – Surna Inc. (SRNA) Reports Revenue of $5.5 Million in Q3 2019, Second Straight Quarter of Record Revenue and Profits

Surna (OTCQB: SRNA) today released its operating and financial results for the three and nine months ended September 30, 2019. The company announced record-setting results in Q3 2019, including revenue of $5.5 million, an increase of 66% compared to the same quarter last year and growth of 31% compared to Q2 2019, Surna’s previous record high. “We are extremely pleased with our second straight quarter of record revenue and profits,” Surna CEO Tony McDonald said in the news release. “We continue to focus on our two key financial metrics: revenue growth and profitability. We also improved our cash position significantly—with…

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ThursdayNov 14, 2019 12:44 pm

NetworkNewsBreaks – No Borders Inc. (NBDR) Files Q3 Financials Early, Reports Another Record Quarter of Growth

No Borders (OTC: NBDR) today announced filing of its condensed unaudited financial & disclosure statements with OTC Markets for the third quarter 2019. No Borders again filed its financials early, reporting record quarter-over-quarter revenue growth of 25.57% and increased gross margin of 42.47% versus 35.03% in the previous quarter. “It’s hard to describe how much work, time and effort go into these compliance pieces of an organization like ours,” No Borders CEO and Chairman Joseph Snyder said in the news release. “I am so proud of the work our legal and financial teams do so that we can keep our…

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ThursdayNov 14, 2019 12:35 pm

NetworkNewsBreaks – Global Fiber Technologies, Inc.’s (GFTX) Authentic Heroes to Produce Football Hall-of-Famer Warren Sapp Commemorative Series Jersey

Global Fiber Technologies (OTCQB: GFTX), through its Authentic Heroes, Inc. subsidiary, today announced its agreement with Hall of Fame football player Warren Sapp to create an Authentic Heroes Fanwear 2.0 Commemorative Series of Jerseys. According to the update, the design of the limited-edition series will be based on a very unique game-worn jersey from Warren’s extraordinary career and created with Global Fiber’s proprietary “Event Worn Reborn” process. “We are looking forward to commemorating the truly great career and larger than life persona of Warren Sapp,” Global Fiber Technologies president and chairman Chris Giordano said in the news release. “Warren’s career…

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