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TuesdayJul 10, 2018 10:08 am

NetworkNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Announces Plans to Spin Out and List Canadian Assets

Sunniva (CSE: SNN) (OTCQX: SNNVF), a vertically integrated cannabis company, this morning announced that it plans to spin out its Canadian assets into a separate Canadian entity and to apply to list the shares on the Toronto Stock Exchange (“TSX”) and the NASDAQ Stock Market (“NASDAQ”). Per the update, the purpose of the transaction is to attain the underlying value of Sunniva’s assets on both sides of the border. Upon completion of the spinout transaction, which is subject to various conditions such as shareholder and exchange approval, Canadian assets would include Sunniva Medical Inc. (“SMI”), which is currently building the…

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TuesdayJul 10, 2018 10:05 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Locates Second Cobalt Mineralization Trend in Kerr Area

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) this morning announced that drilling in the Canadian Cobalt Camp has identified a second cobalt mineralization trend within the Kerr area located near surface and extending over a 500-meter strike length. Per the update, this mineralized trend is located parallel to and 400 meters north of the previously identified Kerr #2 Zone, which has been traced over 350 meters to date. “The results reported today are just 400 metres north of the Kerr #2 Zone, providing great encouragement to our vision of large scale open pit mining in…

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TuesdayJul 10, 2018 9:33 am

NetworkNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Executes Expanded Royalty Agreement with Refined Resin Technologies Inc.

FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that it has executed an expanded royalty agreement with Refined Resin Technologies Inc., formerly known as Gram Co Holdings LLC, of Oakland, California. Per the terms of the agreement, FinCanna will fund $3 million in tranches to complete the original royalty agreement transaction that was previously announced under a binding term sheet in February 2018. In return, the company will receive a tiered corporate royalty ranging from five to 14 percent of Refined Resin’s annual revenues, based upon predetermined benchmarks.…

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TuesdayJul 10, 2018 9:28 am

NetworkNewsBreaks – Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) Provides Update on Recent Acquisition, Media Division Activities

Victory Square Technologies (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8), a venture builder that creates, funds and empowers entrepreneurs, this morning provided an update regarding its recent acquisition of V2 Games Inc. completed on May 29, 2018. The acquisition complements the company’s media division of video games, film, virtual reality (“VR”), augmented reality (“AR”), and mixed reality. V2 Games formally joins the Victory Square media division following its recent soft-launch of the mobile game “Pacific Rim: Breach Wars”. The mobile game debuted at #5 on the RPG Charts in Canada and at #13 in the United States. The game…

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MondayJul 09, 2018 2:56 pm

NetworkNewsBreaks – DeepMarkit Corp. (TSX-V: MKT) (OTCQB: MKTDF) Targets Multibillion-Dollar Global Gamification Market

DeepMarkit (TSX-V: MKT) (OTCQB: MKTDF) has reportedly reached an average of 61 percent month-over-month growth in its merchant base since launching its slide-out app “Gamify” for e-commerce websites less than four months ago. A recent article discussing the company reads: “The global gamification market is expected to grow in value from under $2 billion in 2015 to over $22 billion by 2022, a report by P&S Market Research suggests (http://nnw.fm/sRdk4). DeepMarkit is the only publicly listed company focused solely on the monetization tool of gamification – the art of converting shoppers to buyers via incentivized gaming apps that embrace any…

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MondayJul 09, 2018 2:50 pm

NetworkNewsBreaks – GTX Corp (GTXO) Technology Delivers Peace of Mind to Caregivers of Individuals with Dementia

GPS technology-focused holding company GTX Corp (OTC: GTXO) has developed GPS SmartSole® technology that is used to monitor the location of people that tend to wander, such as individuals suffering from dementia. An article discussing the company reads: “The company’s patented GPS SmartSole® is a non-visible GPS tracking device designed to monitor the location of people who have a tendency to get lost or wander. Easily inserted into the loved one’s shoe, it provides the caregiver with peace of mind through continuous, real-time location coordinates rendered on a mapping system in the GTX Corp Monitoring Portal, which is accessible from…

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MondayJul 09, 2018 2:41 pm

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Leverages the Advantages of Passive Sensors

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) recently discussed the advantages of its passive sensor vision system compared to active ones (http://nnw.fm/wW9G3). An article discussing the company’s technology reads: “FRSX’s stereoscopic technology leverages the advantages of passive sensors rather than active systems. It employs two synchronized cameras to mimic 3D human depth perception. In contrast, active sensors emit energy that may interfere with others, resulting in the possibility of some objects going undetected. QuadSight does not rely on pattern recognition. Rather, it is a passive stereo vision system that uses advanced image processing algorithms for accurate depth analysis and detects…

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MondayJul 09, 2018 12:17 pm

NetworkNewsBreaks – Net Element, Inc.’s (NASDAQ: NETE) Netevia Platform Streamlines B2B Transactions

Global technology and value-added solutions group Net Element (NASDAQ: NETE) recently extended its next-generation Netevia platform to include a smart solution that enables secure vendor payment transactions, streamlining business-to-business (“B2B”) transactions. An article discussing the company’s innovative platform reads: “With its intuitive, user-centric web and mobile platform interface, this vendor payments solution effectively streamlines B2B payments by enhancing payment processes and also cuts the costs associated with sending payments. … As B2B business continues to dwarf B2C business—with global B2B sales estimated at $7.7 trillion, according to Statista, while B2C sales trail far behind at $2.3 trillion—Netevia’s cutting-edge solution is…

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MondayJul 09, 2018 12:08 pm

NetworkNewsBreaks – Virtual Crypto Technologies Inc. (VRCP) Slashes Cryptocurrency Transaction Times with NetoBit Pay Technology

Cryptocurrency-focused technology company Virtual Crypto Technologies (OTCQB: VRCP), through its proprietary NetoBit Pay technology, enables users to complete cryptocurrency deals without waiting for the final confirmation from the blockchain, decreasing checkout time to seconds. An article further discussing the technology reads: “In addition, there is a distinct advantage for businesses using NetoBit Pay as a platform to receive crypto payments: Netobit Pay businesses will receive access to a client management system (back-office) that provides wide options to oversee and manage incomes and offers exportable financial reporting detailing trades, plus a notification and alert mechanism. … Virtual Crypto’s groundbreaking new agreement…

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MondayJul 09, 2018 10:25 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Provides Update on Asphalt Ridge Facility

Fully integrated oil and gas company Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) this morning provided an update on the progress at its Oil Extraction facility in Asphalt Ridge, Utah. Per the update, the company is on track to initiate “full on” operations at the end of July and ramp up production with an expected 1,000 barrels per day (“bod”). The company is currently engaged in new research and development projects which should increase the efficiency and applicability of its patented extraction technology. In addition, the company has staffed up its internal team and advisory board to take care of numerous…

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