NetworkNewsBreaks

MondayDec 02, 2019 12:51 pm

NetworkNewsBreaks – Bhang Inc. (CSE: BHNG) (OTCQX: BHNGF) Announces Q3 2019 Financial Results

Bhang (CSE: BHNG) (OTCQX: BHNGF), a global cannabis CPG brand company with an extensive, award-winning portfolio of products, today released its financial and operating results for the third quarter ending September 30, 2019. Among the highlights, the company reported revenues of $1,285,746 for Q3 2019 and $4,042,162 for the nine months ending September 30, 2019, which represented significant increases of 368% and 463% over the same periods for the prior year. According to the update, Bhang is now expressly focused on rationalizing its current assets, driving efficiencies through cost and overhead reductions and improving execution on its existing product portfolio…

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MondayDec 02, 2019 11:50 am

NetworkNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) Khrysos Industries Brings Triple Distillation System On Line in Florida Facility

Youngevity International (NASDAQ: YGYI), a leading omni-direct lifestyle company, together with its wholly-owned subsidiary, Khrysos Industries, Inc., today announced that Khrysos has brought a new triple distillation system online at its recently leased 82,000 square foot post processing and finished goods production facility in Orlando, Florida. According to the update, the new system is planned to be used exclusively for hemp oil remediation on a toll processing basis. In addition, Khrysos Industries announced that the company has increased capabilities in Isolate production by bringing online two 150 Isolate Reactors, expected to increase its ability to produce Isolate by 6-fold. "We…

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MondayDec 02, 2019 11:09 am

NetworkNewsBreaks – Grapefruit Boulevard Investments Inc. (IGNG) Announces Completion of GBI Audit, Super 8-K Filing

Grapefruit Boulevard Investments (OTCQB: IGNG) (“GBI”), a Los Angeles based California corporation and wholly owned subsidiary of Imaging3, Inc., a Delaware corporation (OTCQB: IGNG) (collectively “Grapefruit” or the “Company”), today announced the Company’s November 29, 2019 filing of Amendment No. 1 to its current report on Form 8-K, which was originally filed on July 16, 2019. The Financial Statements and the Pro Forma Financial Statements were prepared by GBI’s Independent Auditor, SingerLewak LLP. “We are extremely grateful to SingerLewak and its team for their professionalism and dedication in conducting our initial audit which enabled us to file our Super 8-K,”…

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MondayDec 02, 2019 10:39 am

NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) to be Main Supplier in Closed Government Tender for Push-to-Talk Over Cellular (“PoC”) Devices

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) today announced that it will be the main supplier of a closed government tender to deliver up to 15,000 Push-to-Talk Over Cellular (“PoC”) devices for various government agencies. According to the update, dependent on the total units and rugged handsets/ in-vehicle devices mix, the tender is valued between $3M to $5M and anticipated for delivery in the first half of 2020. “With an unprecedented backlog going into the new year, coupled with our sales opportunity pipeline in the U.S., we anticipate 2020 to be an exceptional year for Siyata. Upgrading to next generation PoC…

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MondayDec 02, 2019 9:57 am

NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Entering Commissioning Phase of its First-of-a-Kind Direct Lithium Extraction Demonstration Plant

Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF), an innovative technology and lithium development company, today announced successful installation of its industrial-scale Direct Lithium Extraction Demonstration Plant at Lanxess’ South Plant facility in southern Arkansas. According to the update, Standard Lithium’s project team has also installed the site office/control room, the lithium-specific analytical laboratory, and a steel-framed, all-weather structure that allows year-round operation. Standard Lithium’s 20+ person on-site project team will commence the commissioning phase once all utility/service connections, as well as brine and reagent supply and disposal lines are complete. “The commissioning of our industrial-scale pre-commercial plant will solidify…

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WednesdayNov 27, 2019 12:10 pm

NetworkNewsBreaks – Trxade Group Inc. (TRXD) Achieves 173% YoY Revenue Growth in Q3 2019

Trxade Group (OTCQB: TRXD), an integrated pharma-supply-chain and care platform, recently reported third-quarter financial results, including an impressive increase in revenues. An article discussing the company reads, “Trxade Group’s acquisition of Community Specialty Pharmacy LLC last year continues to drive the company’s revenue benchmarks, delivering sales that lifted the company to record revenues of $2.3 million for the quarter and nine-month. year-to-date revenues of $5.7 million, which amount to increases of 173% and 126% over previous year figures, respectively, according to the company’s news release (http://nnw.fm/eDu17). . . . Gross profits for the third quarter rose in tandem with the revenues,…

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WednesdayNov 27, 2019 12:04 pm

NetworkNewsBreaks – Sharing Services Global Corp. (SHRG) Subsidiary Revolutionizing Traditional Direct-Selling Approach

Diversified holdings company Sharing Services Global Corporation (OTCQB: SHRG) owns, operates or controls an interest in a variety of companies specializing in the direct-selling industry. The company’s wholly owned subsidiary Elepreneurs LLC was designed for the modern world of social media marketing to capitalize on a wide consumer base that crosses industries and borders. A recent article discussing the company reads, “In 2017 SHRG created Elepreneurs, a subsidiary designed for today’s entrepreneurs who are looking for greater flexibility with income opportunities along with a purpose and products that go beyond the traditional direct-selling approach. Through Elepreneurs, SHRG provides tools and…

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WednesdayNov 27, 2019 11:54 am

NetworkNewsBreaks – Wonderfilm Media Corp. (TSX.V: WNDR) (OTCQB: WDRFF) Positioned to Profit as SVoD Popularity Propels Content-Creation Opportunities

Wonderfilm Media (TSX.V: WNDR) (OTCQB: WDRFF), a producer of high-quality feature films and episodic television with international appeal, is positioned to capitalize as the popularity of subscription video on demand (“SVoD”) services drive content-creation opportunities. A recent article discussing the company reads, “The global splurge on TV, film and sports content had increased to $165 billion in 2018, up from $100 billion in 2008, with most of that increase occurring in the last five years, according to a recent Ampere Analysis report (http://nnw.fm/Xr5JI). While new media outfits such as Netflix have dug deep in their wallets to purchase content, a bulk…

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WednesdayNov 27, 2019 10:21 am

NetworkNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Advances Toward Equipment Installation at Hemp-Biomass Extraction Facility

HTC Extraction Systems (TSX.V: HTC), a hemp-biomass processing entity, recently completed its 19,000-square-foot facility in Port Lajord and is anticipating the arrival of its initial new extraction equipment in December 2019. An article discussing the company reads, “Installation of the extraction and formulation equipment will mark the next major stage for the company’s strategy of building on hemp biomass tolling contracts on both sides of the U.S.-Canada border to extract CBD full-spectrum oil (‘FSO’) and to keep a percentage of the distillate for future sales and offtake agreements, including sales to the cannabinoid pharmaceutical market. Bought-deal, private-placement financing that closed…

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WednesdayNov 27, 2019 9:34 am

NetworkNewsBreaks – Chemesis International Inc. (CSE: CSI) (OTCQB: CADMF) (FRA: CWAA) Announces Q1 2020 Financial Results

Chemesis International (CSE: CSI) (OTCQB: CADMF) (FRA: CWAA) on Tuesday announced its financial results for the first quarter of 2020 ended September 30, 2019. Among the highlights, Chemesis reported a 279% increase in revenue to C$4.7 million compared to the same period of the prior fiscal year, as well as a 16% increase in revenue from the most recently completed fourth quarter of the prior fiscal year. “The company continues to execute on its strategy by integrating assets, which were acquired during fiscal Q1, 2020,” Chemesis Chief Executive Officer Edgar Montero said in the news release. “Chemesis will continue to…

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