NetworkNewsBreaks

WednesdaySep 05, 2018 12:16 pm

NetworkNewsBreaks – The Flowr Corp. Names New CEO

The Flowr Corp., a vertically-integrated Canadian licensed producer that focuses primarily on premium flower production, recently named Vinay Tolia as the company’s incoming CEO, pending regulatory approval. As the managing member of Bengal Capital Trading LLC, a derivatives trading firm with a focus on listed equity options, Tolia brings financial experience to the role as well as a deep knowledge of the cannabis industry. Per the release, Tolia was an early investor in Flowr and served as an advisor to the company. “Vinay will bring great knowledge, skill and energy to the role along with a passion for Flowr’s mission,”…

Continue Reading

WednesdaySep 05, 2018 11:51 am

NetworkNewsBreaks – GTX Corp (GTXO) Receives Contract from Edwards Air Force Base

GPS technology-focused holding company GTX Corp (OTC: GTXO) this morning announced that it has received a new contract from Edwards Air Force Base for additional units of its Personnel, Equipment Tracking System (P.E.T.S.), a lightweight, mobile, non-cellular, encrypted GPS technology platform designed to track personnel and equipment. “It is a true honor to support our military and to be entrusted with developing GPS technology solutions that, at their core, are designed to help save lives,” Patrick Bertagna, CEO of GTX Corp, stated in the news release. “Edwards AFB conducts live ammunitions testing; hence, knowing where every person and asset are…

Continue Reading

WednesdaySep 05, 2018 11:22 am

NetworkNewsBreaks – Lithium Chile Inc. (TSX.V: LITH) (OTCQB: LTMCF) Provides Update on Drilling Program at Ollague Property

Lithium Chile (TSX.V: LITH) (OTCQB: LTMCF) this morning issued an update concerning its current drilling program. Per the update, the company has been approved for an additional hole at its Ollague prospect based on strong indicators from the first four exploration holes. The fifth hole will be located in the center of the basin and will extend the drilling depth from 250 meters to 500 meters, enabling the company to test the deeper levels of the salar. "Drilling a fifth hole at Ollague not only reflects the encouraging data we have collected on our first four holes but also reflects…

Continue Reading

WednesdaySep 05, 2018 10:36 am

NetworkNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Unveils Brand Forward Strategy for the Cannabis Industry

Cannabis Strategic Ventures (OTC: NUGS) this morning announced its increased commitment to cannabis industry brands and innovators through the development of a proprietary branding and partnership model for the cannabis industry. As its primary investment focus, Cannabis Strategic Ventures intends to continue to develop multiple proprietary brands over the coming months. The company also aims to continue its work to enhance its infrastructure, product sourcing, communication and content support offerings. “Branding is becoming more important to the development of this industry,” Cannabis Strategic Ventures CEO Simon Yu stated in the news release. “As a firm, we predict consumer-focused cannabis brands will…

Continue Reading

WednesdaySep 05, 2018 10:02 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Announces Additional Investment in StakeHaul

SinglePoint, Inc. (OTCQB: SING) this morning announced its completion of an additional investment in StakeHaul, the premier peer-to-peer betting application. StakeHaul offers a unique way for individuals to bet on anything, from the NFL’s week one matchups to a weekend round of golf. Per the update, StakeHaul has had over 70,000 lifetime downloads and consistent double-digit percentage growth in both monthly active users and bets placed on the platform. The StakeHaul team is currently finalizing testing for a new peer-to-peer payment model for lost bets in both USD and cryptocurrency, which will be a first in the industry. This push…

Continue Reading

WednesdaySep 05, 2018 9:57 am

NetworkNewsBreaks – Zenosense, Inc. (ZENO) MIDS Medical Ltd. JV Secures Up to $1.2M in Staged Funding

Zenosense (OTC: ZENO), a healthcare technology company, this morning announced that its MIDS Medical Ltd. (“MML") joint venture (“JV”) has entered a staged funding for the next phase of development of the MIDS Cardiac™ hand-held technology. MML entered into an agreement with a third-party investor for funding of up to a total of $1,200,000 on August 31, 2018. The funding is anticipated to cover the expenses of the next key development phase intended to prove that the MIDS magnetic detection method can detect and accurately quantify a live high sensitivity (“HS”) assay on the MIDS microfluidic test strip. Per the…

Continue Reading

WednesdaySep 05, 2018 9:18 am

NetworkNewsBreaks – Hunter Oil Corp. (TSX.V: HOC) (OTCQX: HOILF) to Pay Return of Capital Distribution to Shareholders of Record

Hunter Oil (TSX.V: HOC) (OTCQX: HOILF) recently announced that it will pay a return of capital distribution of CAD $1.625 (approximately USD $1.25) per common share of the company to all registered shareholders of record at the close of business on September 11, 2018. The distribution represents the proceeds the company received from the sale of its assets, less outstanding liabilities and USD $2,500,000 for working capital. The distribution to unregistered shareholders holding through intermediaries will be made in accordance with the “due bill” trading procedures of the TSX Venture Exchange. The purpose is to have traded shares carry the…

Continue Reading

WednesdaySep 05, 2018 9:05 am

NetworkNewsBreaks – CytoDyn Inc. (CYDY) to Develop PRO 140 as Therapy for Triple-Negative Breast Cancer

Biotechnology company CytoDyn Inc. (OTCQB: CYDY) this morning detailed its plan to develop PRO 140 (leronlimab) as a therapy for metastatic triple-negative breast cancer. Per the update, previously announced findings from preclinical studies showed the ability of PRO 140 to block human breast cancer cellular invasion in a surrogate assay for metastatic breast cancer. “We plan to aggressively pursue the development of PRO 140 as a therapy for women with metastatic triple-negative breast cancer, which is in keeping with our strategy to evaluate PRO 140 in certain cancers and immunological indications where CCR5 antagonism has shown initial promise,” Nader Pourhassan,…

Continue Reading

TuesdaySep 04, 2018 3:20 pm

NetworkNewsBreaks – Why CytoDyn Inc. (CYDY) is “One to Watch”

Biotechnology company CytoDyn (OTCQB: CYDY) is focused on the clinical development and potential commercialization of a new class of HIV/AIDS therapeutics or viral-entry inhibitors intended to protect healthy cells from viral infection. A recent article discussing the company reads: “The U.S. Food and Drug Administration has designated PRO 140 as a “fast track” product for HIV and granted Orphan Drug Designation to it for the prevention of GvHD in transplant patients. CytoDyn has initiated its first clinical trial with PRO 140 in an immunological indication for GvHD in patients with acute myeloid leukemia (AML) or myelodysplastic syndrome (MDS) who are…

Continue Reading

TuesdaySep 04, 2018 3:04 pm

NetworkNewsBreaks – Sharing Services, Inc. (SHRV) New Subsidiary President and COO to Lead Global Growth

Diversified holding company Sharing Services (OTC: SHRV) recently named network marketing veteran Keith Halls as the president and COO of its Elepreneur, LLC subsidiary and tasked Halls with leading the company’s global growth. A recent article discussing the company reads: “Halls will lead a worldwide team of network marketers. SHRV commenced the growth of Elepreneurs globally when it finalized a joint venture with Hong Kong-based Health Wealth and Happiness Ltd. (HWH) earlier this year to expand its brand throughout Asia. The new company will be named Elepreneurs Asia Limited and will have the sales rights to countries including China, Japan…

Continue Reading