NetworkNewsBreaks Archive - Page 1390 of 1737

TuesdayOct 02, 2018 9:58 am

NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Takes Steps to Acquire Hydroponic Companies for $45M Revenue Stream

Shares of Sugarmade, Inc. (OTCQB: SGMD) surged 10 percent in early trade, moving on volume of more than 2.5 million, after the hydroponics supply company said it has issued formal proposals to acquire two profitable hydroponic cultivation supply companies in the cannabis sector. Should the acquisitions be successful, the company said it will boost its revenue guidance to $75 million for next year. Sugarmade recently provided 2019 guidance of $30 million. "These acquisitions will not only very significantly boost our top line revenue growth, but will also expand our distribution across the most important sectors of the fast-growing cannabis marketplace,…

TuesdayOct 02, 2018 9:57 am

NetworkNewsBreaks – Zenosense, Inc. (ZENO) MML JV Expands Technical Team

Healthcare technology company Zenosense (OTC: ZENO) this morning announced that, in support of the next phase of development of MIDS Cardiac, its MIDS Medical Ltd. (“MML”) joint venture (“JV") has expanded its technical team. MML has engaged three key contractors following its recent funding agreement. Two such contractors are independent electronics engineers with experience including embedded digital and analogue hardware and software design, multilayer PC design, immunoassay and magnetic particle experience, control systems and data acquisition. Additionally, MML has engaged The Magnetism Group at the University of Liverpool led by Dr. Liam O'Brien, which will assist MML in the calibration…

MondayOct 01, 2018 2:48 pm

NetworkNewsBreaks – CytoDyn Inc. (CYDY) Expanding Focus Beyond HIV through Planned Acquisition

CytoDyn (OTCQB: CYDY), a biotechnology company developing a novel humanized CCR5 monoclonal antibody for multiple therapeutic indications, is now gearing up to further target life-threatening diseases through a potential acquisition. A recent article discussing the company reads, “With its planned acquisition of ProstaGene, LLC, CytoDyn Inc. (OTCQB: CYDY) is expanding its focus beyond HIV and graft-versus-host disease to open up a new front in the fight against cancer. ProstaGene is developing metastasis control technology that targets the chemokine receptor type 5 (CCR5), a protein on the surface of white blood cells. Metastasis is the spread of cancer beyond the original…

MondayOct 01, 2018 2:45 pm

NetworkNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Subsidiary Makes Initial Shipment to the Ontario Cannabis Store

The Flowr Corporation (TSX.V: FLWR), through subsidiary The Flowr Group (Okanagan) Inc., this morning announced that it has initiated product shipments to the Ontario Cannabis Store, the province’s sole legal online retailer for recreational cannabis, in anticipation of the scheduled October 17, 2018, opening of the adult-use market. “We’re very pleased to be supplying Flowr’s premium cannabis to the Ontario Cannabis Store,” Tom Flow, Flowr’s co-founder and president, stated in the news release. “Our flower is grown in facilities with proprietary designs and cultivation systems in the world famous Okanagan Valley of British Columbia, then hand trimmed and craft cured…

MondayOct 01, 2018 10:56 am

NetworkNewsBreaks – GTX Corp (GTXO) Announces Launch of NFC-Enabled Pet Tracking Device

GPS technology-focused holding company GTX Corp (OTC: GTXO) this morning announced the launch of its new GPS tracker and Near Field Communication (NFC) digital ID system, Rover Tracker. Per the update, Rover Tracker will provide on-demand GPS location information, as well as NFC technology, creating a secure link connecting real-time profile and contact information to the person who finds the pet wearing the device. “Our goal is to incorporate NFC technology across our entire GPS product line,” Patrick Bertagna, CEO of GTX Corp, stated in the news release. “The GPS/NFC combination will enable us to provide a secure physical-digital link,…

MondayOct 01, 2018 10:35 am

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Details Plans to Launch CBD Hemp Wine

ChineseInvestors.com, Inc. (OTCQB: CIIX), the premier financial information website for Chinese-speaking investors, this morning announced its plans to launch CBD Hemp Wine, a private brand of hemp-infused rice wine, through wholly owned foreign enterprise CBD Biotechnology Co. Ltd. “Our sales increased 41% on a year-on-year basis largely due to the significant increase in our hemp oil and alcoholic beverage products sales of which have increased by 28,859%. Given the trends and the current demands we are seeing in the marketplace, we believe this is a significant opportunity,” Warren Wang, CEO of ChineseInvestors.com, stated in the news release. “Moving forward, CBD…

MondayOct 01, 2018 10:07 am

NetworkNewsBreaks – Zenergy Brands, Inc. (ZNGY) Finalizes Name Change for Newly-Acquired Retail Electric Provider

Next-generation energy and technology company Zenergy Brands, Inc. (OTC: ZNGY) this morning announced that it has finalized the name change of its newly-acquired Texas-based retail electric provider (“REP”), from Enertrade Electric, LLC to Zenergy Power & Gas, Inc., with the Public Utility Commission of Texas. Per the update, the name change marks the first step toward Zenergy’s long-term goal of converging the sectors of smart home controls/building automation systems, energy conservation/efficiency services, and retail electricity and natural gas under the company’s “virtual utility” brand. “With a licensed REP under our belt, we believe that we are more poised than ever…

MondayOct 01, 2018 9:40 am

NetworkNewsBreaks – BLOCKStrain Technology Corp. (TSX.V: DNAX) (OTC: BKKSF) Appoints New CFO

Integrated blockchain platform innovator BLOCKStrain Technology Corp. (TSX.V: DNAX) (OTC: BKKSF) this morning announced its appointment of Swapan Kakumanu to the positions of chief financial officer and director of the company. Per the update, Kakumanu brings more than 25 years of senior finance and operations experience to the BLOCKStrain team, having served at the senior executive management level of both public and private companies. “The appointment of Swapan as Chief Financial Officer and Director demonstrates the creation of a top-shelf leadership team which indicates BLOCKStrain's readiness to execute on the Company's growth strategy,” Cameron Chell, chairman of BLOCKStrain, stated in…

MondayOct 01, 2018 9:19 am

NetworkNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Announces Appointment of Chief Accounting Officer

DPW Holdings, Inc. (NYSE American: DPW), a diverse holdings company, this morning announced its appointment of Kenneth S. Cragun to the position of chief accounting officer. Per the update, Cragun will report directly to DPW CFO William B. Horne. “With over 30 years’ experience serving a wide variety of public and private multi-national businesses, Ken is a great fit for DPW,” Milton “Todd” Ault, chairman and CEO of DPW, stated in the news release. “He is a strategic thinker who is comfortable in fast-growth and dynamic environments, building great teams and providing solid financial and accounting infrastructure. His expertise includes…

FridaySep 28, 2018 3:18 pm

NetworkNewsBreaks – Zenergy Brands, Inc. (ZNGY) Enables Users to Responsibly Decrease Utility Consumption

Zenergy Brands (OTC: ZNGY) is committed to its vision of helping businesses through responsible energy use and management. A recent article further discussing the company reads: “Zenergy serves commercial, industrial and municipal customers. It offers these customers the ability to decrease their utility consumption from 20 percent all the way up to 60 percent via its Zero Cost Program. The program is designed to help customers reduce electricity, natural gas and water consumption, as suited to their specific needs. … Zenergy Brands’ emphasis is on significantly lessening the carbon footprint in America. In addition, its focus is on substantially decreasing…

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