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ThursdayJul 12, 2018 11:55 am

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Reports Significant Increase in Transaction Processing Volume

Global technology and value-added solutions group Net Element (NASDAQ: NETE) recently announced that its transaction processing volumes for the first six months of 2018 demonstrated a substantial increase of 37% as compared to the same period in 2017. Total dollars processed from January 2018 through June 2018 totaled $1.62 billion versus $1.18 billion during the previous year. The company attributes the growth primarily to its subsidiary Unified Payments. The North America Transaction Solutions segment realized the largest increase of 40% to $1.4 billion from $1 billion while International Transactions Solutions achieved $211 million, an increase of 20% from $176 million.…

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ThursdayJul 12, 2018 10:58 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Submits Application to Uplist to the NASDAQ Capital Market

Fully integrated oil and gas company Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) today announced that it has submitted its formal application to list the company’s common stock on the NASDAQ Capital Market. Acceptance is subject to approval, including Petroteq's ability to meet minimum listing requirements for the NASDAQ Capital Market. "We believe up-listing in the U.S. from the OTC Market to the NASDAQ Capital Market will increase awareness of Petroteq in the financial community,” Petroteq CEO David Sealock stated in the news release. “We believe that a NASDAQ listing will help unlock some of the shareholder value we are trying…

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ThursdayJul 12, 2018 10:22 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary to Launch Operations in New Retail Merchant Location

Global Payout, Inc. (OTC: GOHE) this morning announced that its wholly owned subsidiary, MTRAC Tech Corp. (“MTRAC”), is launching operations at The Jet Room, a licensed and compliant medicinal dispensary in Adelanto, CA. The MTrac team will be implementing its payment platform system as it is taken live in its new retail merchant location on Friday, July 13. “My team and I are very excited for the opportunity to launch with The Jet Room, our second retail merchant, in Adelanto, which is striving to be a cannabis safe community. The ability to eliminate or reduce the amount of cash in…

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ThursdayJul 12, 2018 10:21 am

NetworkNewsBreaks – Zenergy Brands, Inc. (ZNGY) Highlights Recent Performance of Flagship Zero Cost Program

Next-generation energy and technology company Zenergy Brands, Inc. (OTC: ZNGY) this morning announced that its flagship service offering, the Zero Cost Program, continues to gain traction in the marketplace. This update follows the company’s June entry into seven-year Zero Cost services agreements with customers in the private sector, with aggregate contract values exceeding $1 million. As noted, one of the agreements is with U.S.-based bitcoin mining firm BitPlus, Ltd., which is leveraging an innovative energy sourcing strategy encompassing a micro-grid approach to gain a unique competitive advantage in the bitcoin mining industry. “We were honored to have been chosen by…

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ThursdayJul 12, 2018 9:56 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Adds Two Drill Rigs to Iron Creek Cobalt Project

Cobalt exploration and development company First Cobalt (TSX.V: FCC) (OTCQX: FTSSF) this morning announced that it is now drilling from the surface and underground at its Iron Creek Cobalt Project as two additional drill rigs have been mobilized. The addition of two surface rigs will accelerate drilling results and complement ongoing underground drilling at the project. Surface drilling stations were built earlier this year and both rigs have commenced operation. "Our confidence level in the growing footprint of the Iron Creek project warrants an acceleration of drilling activities. A maiden resource estimate is underway and will be available by October.…

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ThursdayJul 12, 2018 9:38 am

NetworkNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Investment Executes Manufacturing and Distribution Agreement with Phoenix Tears LLC

FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that Cultivation Technologies Inc. (“CTI”), its first investment in California, has executed an agreement with Phoenix Tears LLC to be the exclusive manufacturer and distributer of official Phoenix Tears THC-based products in California. Per the update, Phoenix Tears has supported more than 200,000 individuals through its cannabis brands and products since its inception in 2010. “This agreement represents a significant step forward for CTI as they continue to build out their manufacturing, distribution and marketing businesses of cannabis and cannabis-related…

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ThursdayJul 12, 2018 9:22 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Increases Ownership in Rail Vision Ltd.

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that it has increased its ownership in Rail Vision Ltd., making the company the largest shareholder. Foresight raised its ownership stake to roughly 35% of issued and outstanding shares and 34% on a fully diluted basis by exercising $2.24 million of warrants. Rail Vision develops unique solutions and vision-based systems for innovative safety, asset and fleet management in the rail industry. “We believe that, like in the automotive space, the next step is to provide trains with sensors and processing capabilities, to prevent accidents, reduce downtime, and increase productivity. Rail…

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WednesdayJul 11, 2018 2:36 pm

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Names New Advisory Board Member; Reports Outlook on Recent Industry News

Fully integrated oil and gas company Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) today announced the appointment of experienced energy technology investor David Kahn to its advisory board. As a member of Petroteq’s advisory board, Kahn will oversee due diligence on various technologies that the company considers adding to its IP portfolio. In addition, Petroteq also highlighted recent developments within the oil industry, Baytex Energy Corp’s (NYSE: BTE) $1.2 billion acquisition of rival Raging River Exploration Inc. and Nexen Energy’s recently announced $400-million expansion of its oil sands project in Alberta. Petroteq believes these developments are positive and reaffirm the company’s…

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WednesdayJul 11, 2018 11:53 am

NetworkNewsBreaks – Why WhereverTV Broadcasting Corp. (TVTV) is “One to Watch”

WhereverTV Broadcasting (TVTV) is a next-generation television subscription service that provides live-stream broadcast programming to consumers across multiple devices, geographies and languages. An article discussing the company reads: “WhereverTV’s patented Interactive Program Guide (IPG) technology currently handles over 125 live channels that are broadcasted securely over the Internet to any Internet-enabled device anywhere in the world. Many of the company’s channels are the same as those broadcasted by traditional cable and satellite companies. For example, the World News Now package includes One America News, RT News (Russia Today), Bloomberg TV, CBN News and EuroNews Live — the latter provides pan-European…

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WednesdayJul 11, 2018 11:48 am

NetworkNewsBreaks – Sharing Services, Inc. (SHRV) Subsidiary Aims to Increase Consumer Health with Patented Nutritional Products

Diversified holding company Sharing Services (OTC: SHRV) recently named Stephen Gould Corp. as the new fulfillment and distribution partner to support its wholly owned subsidiary, Elevacity Global. An article discussing the company reads: “Elevacity is a company created to elevate the consumer’s health, wealth and happiness through patented nutritional products that are coupled with virtual success training and integrated with a unique rewards program. The company offers products such as ketogenic coffee creamer, appetite suppressants, skincare products and nutritional supplements. This health-and-wellness company is a newly debuted division of SHRV utilizing the direct selling power of home-based independent sales representatives…

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