NetworkNewsBreaks

FridayJul 26, 2019 9:59 am

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Announces Completion of BZRTH Audit and Initial Investment in Hempistry

Major supplier to the growing hydroponic cultivation and hemp sectors Sugarmade (OTCQB: SGMD) this morning provided an update on the status of its pending acquisition of hydronic cultivation supplier, BZRTH, Inc., as well as the status of its investments in Kentucky-based hemp cultivator, Hempistry, Inc. According to the update, BZRTH, a target acquisition of the company, completed its audits for previous financial periods. In addition, Sugarmade has completed the first round of closings relative to its proposed investments of up to $1,000,000 in privately held Hempistry, Inc. via its first tranche investment of $190,000. "The closing of the BZRTH audit…

Continue Reading

FridayJul 26, 2019 9:42 am

NetworkNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Gains Access to 60,000kg of CBD-rich Hemp through New Advance Purchase Agreement

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI), parent company of Organigram Inc., a leading licensed producer of cannabis, this morning announced that it has entered into an advance payment and purchase agreement with 703454 N.B. Inc. (carrying on business as 1812 Hemp). In accordance with the agreement, OGI will pre-fund hemp purchases to receive access to as much as 60,000 kilograms of dried hemp flower to be harvested during 2019 for extraction into cannabidiol (“CBD”) isolate. In January, the company entered into a purchase agreement with 1812 Hemp which granted OGI the first a right of first refusal on 1812 Hemp’s…

Continue Reading

ThursdayJul 25, 2019 2:57 pm

NetworkNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Ideally Positioned in High-Growth Market

Leading telecommunications engineering and infrastructure services provider Spectrum Global Solutions (OTCQB: SGSI) is eyeing a profitable future as the introduction of higher-speed, next-generation 5G networks approaches. A recent article discussing the company reads, “While industry analysts are more cautionary in their predictions for 5G’s immediate potential, citing prior corporate policy disappointments, leading-edge tech underperformance and the inevitable reluctance to embrace costs associated with rolling out such a new technology (http://nnw.fm/OHOt7), no one is denying that 5G is expected to eventually provide an evolutionary boost to society’s use of communications technology, once it reaches scale. End-to-end U.S. network service provider Spectrum Global…

Continue Reading

ThursdayJul 25, 2019 2:53 pm

NetworkNewsBreaks – Why ORHub Inc. (ORHB) Is ‘One to Watch’

ORHub (OTC: ORHB) is a healthcare data analytics company focused on enhancing the business of surgery through lean process advancement. A recent article discussing the company reads, “ORHub’s Surgical Spotlight(R) is a cloud-based analytics tool that helps administrators, nurse leaders and surgeons make improved business decisions for the operating room. By taking data feeds from the facility’s Operating Room Information System, ORHub produces a functional and elegant dashboard that allows users to easily identify opportunities for improvement. . . . These capabilities allow providers to harness data, identify millions of dollars in opportunities, and get leaders back to their primary…

Continue Reading

ThursdayJul 25, 2019 1:04 pm

NetworkNewsBreaks – Medallia, Inc. (NYSE: MDLA) Closes $374.3 Million IPO

Medallia (NYSE: MDLA) has closed its initial public offering of 17,825,000 shares of its common stock, which included 1,175,000 additional shares per the full exercise of the over-allotment option granted to the underwriters. According to the update, the offering comprised of 16,060,000 shares by Medallia and 1,765,000 by selling stockholders, each sold at the public offering price of $21, resulting in approximately $374.3 million in gross proceeds. The shares began to trade on the New York Stock Exchange under the ticker symbol "MDLA" on July 19, 2019. ROTH Capital Partners acted as a co-manager for the offering. To view the…

Continue Reading

ThursdayJul 25, 2019 1:00 pm

NetworkNewsBreaks – Treasure Shipwreck & Recovery (BLIS) Explains Research and Recovery Targeting Cape Romain Site

Treasure & Shipwreck Recovery Inc. (“TSR”), currently trading as Beliss Corp. (OTC: BLIS), today released an explanation of the research and recovery targeting the Cape Romain, South Carolina, site, which is held by Federal Admiralty Order under the ownership of Dr. E. Lee Spence. According to the update, Dr. Spence is interested in the outer shoal of the site, which is over three nautical miles from shore and right on a path used by sea captains for hundreds of years. Dr. Spence discovered a valuable shipwreck on his very first trip to the shoal, and his research uncovered numerous accounts…

Continue Reading

ThursdayJul 25, 2019 12:12 pm

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) Announces First Sale of the BaroShear K45, A Revolutionary Water-Soluble CBD Manufacturing System

Pressure BioSciences (OTCQB: PBIO), a leader in the development and sale of broadly enabling, pressure-based technology and products to the worldwide life sciences and other industries, today announced the initial sale of its revolutionary BaroShear(TM) K45 processing system. According to the update, the novel instrument system is based on the company’s proprietary Ultra Shear Technology(TM) (“UST”) platform and is designed to resolve one of the most critical problems facing CBD manufacturers today: the extremely poor water solubility of CBD Oil. “We are thrilled to be the first purchaser of the BaroShear K45 system,” Nano CBD Cosmetics LLC Founder Christopher Holden…

Continue Reading

ThursdayJul 25, 2019 12:02 pm

NetworkNewsBreaks – INmune Bio, Inc. (NASDAQ: INMB) to Present at 17th Annual Congress of International Drug Discovery Science & Technology 2019

INmune Bio (NASDAQ: INMB), an immunology company focused on developing treatments that harness the patient’s innate immune system to fight disease, this morning announced that its Director of Neuroscience, C.J. Barnum, and Co-Founder and CEO, R.J. Tesi, M.D., will present at the 17th Annual Congress of International Drug Discovery Science & Technology. The event, scheduled to take place in Japan on July 26, 2019, brings together immunotherapy industry leaders and provides a unique opportunity to connect scientists and facilitate the exchange of ideas and developments. According to the update, Dr. Tesi’s talk is titled, “Combination Immunotherapy to Overcome Resistance to…

Continue Reading

ThursdayJul 25, 2019 11:22 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) QuadSight(TM) Prototype Ordered by American Subsidiary of Leading Global Supplier

Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced an additional sale of a prototype of its QuadSight(TM) four-camera vision system that targets the semi-autonomous and autonomous vehicle market. According to the update, the American subsidiary of a leading global Tier One automotive supplier ordered the prototype system, and revenue from the sale is expected to total in the tens of thousands. As reported by the company, the American supplier participated in a technological roadshow that took place at the beginning of July in the Silicon Valley area. The roadshow consisted of live, real-time demonstrations and…

Continue Reading

ThursdayJul 25, 2019 11:18 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Subsidiary Adds Alternative Energy Financing Solution

Technology and investment company SinglePoint (OTCQB: SING), together with its subsidiary Direct Solar, today announced the addition of a new arm, Direct Solar Capital, an alternative energy financing solution. “We are looking for any developers, manufacturers, EPCs, contractors, etc. that have an alternative energy project that is ready to go, and they just need financing,” Pablo Diaz, CEO of Direct Solar of America and Direct Solar Capital, said in the news release. “We are the amalgamation of multiple funds that will be financing capital ready projects in the alternative energy space from $50,000 up to $3 million in funding.” To…

Continue Reading