NetworkNewsBreaks Archive - Page 1525 of 1835

TuesdayJul 31, 2018 10:30 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Welcomes Stormy Simon as Strategy Officer and Board Member

Global Payout, Inc. (OTC: GOHE) this morning announced that it has appointed Stormy Simon as its new strategy officer and board member. Per the update, Simon spent 15 years with e-commerce giant Overstock.com (NASDAQ: OSTK) prior to joining Global Payout, guiding the company through the early stages of its development as it emerged as a nationally recognized e-commerce leader. In July 2016, she made the decision to part ways with Overstock.com to begin exploration into the emerging cannabis market. “After a couple years of self-education within the cannabis industry, including the ancillary businesses that are emerging to support it, I…

TuesdayJul 31, 2018 10:28 am

NetworkNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Enters Definitive Agreement to Acquire Canna Farms Ltd.

Globally licensed cannabis company ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced its entrance into a definitive agreement to acquire 100% of the issued and outstanding share capital of Canna Farms Limited, a premium cannabis company in British Columbia. The acquisition enables the two complementary businesses to leverage their strengths prior to the opening of the Canadian adult-use market in the fall. The transaction value of approximately $133 million will be comprised of $22 million in cash and 92.5 million ABcann shares. The shares will be released from escrow in six month increments over a total of 30…

TuesdayJul 31, 2018 9:57 am

NetworkNewsBreaks – AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) Subsidiary Joins IFS Partner Network

Artificial intelligence company AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) this morning announced that its wholly owned subsidiary, Euclides Technologies Inc., has joined the IFS Partner Network as a channel partner in North America. Per the update, Euclides will now sell and implement IFS Field Service Management™ and IFS Planning and Scheduling Optimization™ software. Together, Euclides and IFS will aim to help organizations maximize operational efficiency, increase revenue, reduce costs and improve customer satisfaction. “We are pleased to join the IFS Partner Network,” Adi Hod, COO of Euclides, stated in the news release. “IFS is a world leader in developing workforce…

TuesdayJul 31, 2018 9:55 am

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Enters Definitive Agreement with Hill Street Beverage Company, Inc. (TSXV: BEER)

Drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP), together with Hill Street Beverage Company (TSXV: BEER), this morning announced that the companies have signed a definitive agreement to license Lexaria's DehydraTECH™ for five years on a semi-exclusive basis to produce a line of cannabis-infused alcohol-free beverages to be distributed in Canada following regulatory approval. The purchase price shall be partially paid to Lexaria in common shares in the capital of Hill Street totaling $56,250, which is equal to 419,982 common shares. The issuance of the shares is subject to regulatory approval. "Hill Street's award-winning and great-tasting wines and…

TuesdayJul 31, 2018 9:31 am

NetworkNewsBreaks – FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRA: TQ42) Announces New Fan Campaign for Football Season

Fan-focused entertainment company FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRANKFURT: TQ42) this morning announced plans for an interactive campaign called #FSBG (FANDOM SPORTS BIG GAME), which is designed to identify and reward epically passionate football fans. Per the update, the new campaign’s kick off will coincide with the 2018 NFL season. As part of this initiative, FANDOM SPORTS will award tickets to the biggest football game of the year to the most enthusiastic superfan to prove his or her NFL fandom on the FANDOM SPORTS app throughout the season. Users can achieve this goal by “talking trash” about…

TuesdayJul 31, 2018 9:25 am

NetworkNewsBreaks – Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) CEO to Convert Loans into Common Shares

Victory Square Technologies (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) this morning announced its plans to convert a total of $805,240.47, the majority of which encompasses loans advanced to the company by Victory Square CEO Shafin Diamond Tejani, into common shares in the capital of the company. The shares would be issued at $1.00 each, representing a premium of 19% per share, as the current market price is $0.84 per share. The conversion is subject to all requisite regulatory approvals and all shares issued shall also be subject to a four month hold period under applicable Canadian securities laws.…

MondayJul 30, 2018 3:33 pm

NetworkNewsBreaks – Medigus Ltd. (NASDAQ: MDGS) (TASE: MDGS) Closes $10M Public Offering

Medigus (NASDAQ: MDGS) (TASE: MDGS), a medical device company developing minimally invasive endosurgical tools engaged in direct visualization technology, recently closed an underwritten public offering of 2,837,674 units at a price of $3.50 per unit. Each unit consisted of one American Depositary Share (“ADS”) and one Series C warrant to purchase one ADS. The ADSs and accompanying Series C warrants were purchased together in the offering, but were issued separately. Gross proceeds of approximately $10 million were raised from the offering, which Medigus intends to use for general corporate purposes. To view the full press release, vist http://nnw.fm/5MfiQ About Medigus…

MondayJul 30, 2018 1:50 pm

NetworkNewsBreaks – CytoDyn Inc. (CYDY) Reports Improved Response Rate to Increased Dosage in HIV Phase 3 Monotherapy Trial

Biotechnology company CytoDyn (OTCQB: CYDY) this morning announced that it has received clearance from the independent Institutional Review Board (“IRB”) overseeing its CD03 phase 3 investigative monotherapy trial to increase the weekly PRO 140 dose from 525 mg to 700 mg for newly enrolled patients. The trial’s objective is to evaluate the efficacy, safety and tolerability of PRO 140 as a long-acting, single-agent maintenance therapy for the chronic suppression of HIV. Current participants in the trial that were not able to maintain suppressed HIV viral load on a lower dose of PRO 140 will be allowed to continue in the…

MondayJul 30, 2018 11:12 am

NetworkNewsBreaks – Pacific Software, Inc. (PFSF) Develops Innovative Trade Portal Utilizing Secure Blockchain Databases

Emerging development technology corporation Pacific Software’s (OTC: PFSF) blockchain technologies have been designed to increase supply chain transparency, increasing consumer confidence. The company intends to use this technology to exploit the booming Brazilian agriculture market. An article discussing the company’s technology reads: “In a world where consumers are increasingly concerned about the origins of their products, blockchain technology will make supply chains more transparent and easier to trace. Large-scale producers will be able to keep better records of their operations, and niche producers, such as organic farmers, will be able to more easily prove and certify every step their products…

MondayJul 30, 2018 10:40 am

NetworkNewsBreaks – The Flowr Corp. Discusses Company Activities in Interview with New Cannabis Ventures

The Flowr Corp. was the subject of a recent article by New Cannabis Ventures highlighting the company’s activities as it prepares to become publicly-listed. CEO Tom Flow and Chairman of the Board and Chief Strategist Steve Klein provided an exclusive interview with New Cannabis Ventures discussing its strategy to compete in the booming Canadian market. Per the article, the company is currently building its 84,000-square-foot flagship facility in Kelowna, British Columbia, which is expected to be complete by year-end with an annual production capacity of 12,000 to 15,000 kilos. The company is also designing other facilities, which will bring Flowr’s…

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