NetworkNewsBreaks

TuesdayNov 12, 2019 1:16 pm

NetworkNewsBreaks – Benzinga Names Innovators to be Honored at 5th Annual Fintech Awards, Powered by Envestnet | Yodlee

In preparation for its biggest Global Fintech Awards to date, Benzinga is unveiling the winners to be honored during the 5th annual event taking place in New York City on November 19, 2019. Honoring the best in fintech for five years, Benzinga recognizes award winners for the advancements they're making in financial technology. This year, Benzinga is joining forces with Envestnet | Yodlee to facilitate the most beneficial education and impactful networking in the quickly-changing space. "Since the inaugural Benzinga Fintech Awards in 2015, our listmakers have closed $300 million in deals and partnered with some of the biggest players…

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TuesdayNov 12, 2019 1:00 pm

NetworkNewsBreaks – Bragg Gaming Group (TSX.V: BRAG) (OTCQX: BRGGF) Reports Q3 2019 Results

Bragg Gaming Group (TSX.V: BRAG) (OTCQX: BRGGF) today released its results for the third quarter ended September 30, 2019. Per the update, the company delivered continued growth with revenue of C$10.0M, gross profit of C$4.3M, EBITDA of C$0.2M, and net loss from continuing operations of C$0.2M in the third quarter. These results culminated in strong performance for the first nine months of 2019 with revenue of C$28.0M, gross profit of C$12.6M, EBITDA of C$0.6M and net loss from continuing operations of C$7.6M.* “I am extremely pleased with the company’s progression over the past quarter. We’ve proven that, with our modern…

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TuesdayNov 12, 2019 12:25 pm

NetworkNewsBreaks – City View Green Holdings Inc. (CSE: CVGR) (OTCQB: CVGRF) Puts Cultivation on Hold to Focus on Extraction, Edibles and Distribution

City View Green Holdings (CSE: CVGR) (OTCQB: CVGRF) today amended its buildout and business strategy to respond to the evolving cannabis market. According to the update, City View will put the cultivation buildout and operations on hold until there is a strong business case to enter the cultivation market, and will focus on extraction, edibles and distribution. The company continues the buildout of its facility with a focus on designated areas for extractions and edibles. “We have been witnessing a surplus in both cannabis and hemp cultivation,” City View Green CEO Ian MacDonald said in the news release. “City View…

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TuesdayNov 12, 2019 12:15 pm

NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Releases H1 2019 Data for Recent BZRTH Acquisition Revealing Over $15M Sales, 25% Sequential Revenue Growth

Sugarmade (OTCQB: SGMD), a major supplier to the hydroponic cultivation and hemp sectors, today released full financial performance data for its recent acquisition of BZRTH, a leading hydroponics ecommerce supplier. Per the update, data for the six months ended June 30, 2019, reveal net profitability on sales exceeding $15 million, which represents 25% revenue growth on a sequential six-month period basis. “We are very happy to present our shareholders and current and prospective investors with a quantitative overview of the financial performance we are integrating as we assimilate BZRTH into Sugarmade,” Jimmy Chan, CEO of Sugarmade, said in the news…

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TuesdayNov 12, 2019 11:34 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF) Announces Anticipated Automation Completion Date

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF), an oil sands mining and production company with proprietary technology that extracts hydrocarbons from oil sands without the use of water, today announced that it will complete the automation of certain processes at its Asphalt Ridge processing facility in Utah on or around November 20th, 2019. Valkor Engineering and Alfa Laval are providing engineering and technical assistance in Petroteq’s automation of the front-end processes at the facility, which is mainly comprised of the sand separation process, oil quality process and centrifugal process. The automation is expected to improve efficiencies in the production…

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TuesdayNov 12, 2019 11:33 am

NetworkNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT)Announces Launch of “Talking Tom and Friends” Bouncing Bubble in China

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a producer, developer and operator of augmented reality (“AR”) interactive entertainment games and toys in China, today announced the launch of a new collection of its popular "Bouncing Bubble" range of toys, in partnership with media franchise "Talking Tom and Friends." According to the update, Bouncing Bubble is designed using environmentally-friendly and toxic-free liquid, allowing for large, strong bubbles. Using a paddle or gloves, children can bounce these bubbles as if they were ping pong balls, creating an extra level of fun compared to conventional bubble products. "Award-winning media franchise 'Talking Tom and…

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TuesdayNov 12, 2019 10:59 am

NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTC: VVCIF) Receives Conditional Approval to Graduate to the Toronto Stock Exchange

VIVO Cannabis Inc. (TSX.V: VIVO) (OTC: VVCIF), an Ontario-based cannabis company recognized for its premium products and services, today announced its receipt of Toronto Stock Exchange ("TSX") conditional approval to graduate from the TSX Venture Exchange (the "TSXV") and list its common shares on the TSX. "The TSX is a premier destination for publicly traded companies and this listing represents a significant milestone for VIVO," Barry Fishman, CEO of VIVO Cannabis, said in the news release. "It also demonstrates our long-term commitment to increasing investor awareness and generating shareholder value as we continue to drive sales in our premium family…

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TuesdayNov 12, 2019 10:52 am

NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Receives $800K in Purchase Orders for In-Vehicle Cellular Devices

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) today announced receipt of ~$800,000 in purchase orders for its UV350, CP250 and CP100 in-vehicle cellular devices through Tier 1 Carriers and distributors for a variety of end-use customers. “We have high quality in-vehicle cellular devices that are desirable in a market where demand for Push-to-Talk over Cellular instant communication is growing worldwide,” Siyata Mobile CEO Marc Seelenfreund said in the news release. “With no known direct competing in-vehicle cellular vendors, the Company continues to advance large scale trials, build its sales opportunities and has a strong pipeline for Q4 and beyond both in…

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TuesdayNov 12, 2019 10:33 am

NetworkNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) CLR Roasters Granted Exclusive Rights for Hemp Grow and Hemp Oil Extraction in Nicaragua

Youngevity International (NASDAQ: YGYI), together with its wholly-owned subsidiary CLR Roasters, today announced expansion of its operating partnership with H&H Coffee Group Export. Under the exclusive arrangement, the parties will cultivate hemp grow and the extraction of hemp derived cannabinoids into hemp-based crude oil in Nicaragua’s Chagüitillo, Sebaco - Matagalpa region for sales and distribution of hemp derived ingredients abroad.  The program will leverage YGYI's Khrysos Industries’ intellectual property, which manufactures Hyper Super Critical CO2 extraction systems, with CLR Roasters and H&H's expertise in agriculture and the creation of field to finish products. "We have invested heavily in our Nicaragua…

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TuesdayNov 12, 2019 10:26 am

NetworkNewsBreaks – MustGrow Biologics Corp. (CSE: MGRO) (OTC: MGROF) Intends to Tackle New Fusarium Pathogen Threatening Worldwide Banana Supply

MustGrow Biologics (CSE: MGRO) (OTC: MGROF), an agricultural biotech company developing and commercializing a portfolio of natural, science-based bio-pesticides and bio-fertility products, today announced that it intends to address a new Fusarium pathogen known as Fusarium wilt Tropical Race 4 (“Fusarium wilt TR4”), a soil-borne disease pathogen afflicting the worldwide banana supply. Following the spread of Fusarium wilt TR4 to banana plantations in South America, Colombia has reportedly declared a national state of emergency and enacted special measures to halt the spread of the disease. The company’s previous independent efficacy studies involving the treatment of Fusarium oxysporum (“Fusarium”), a soil-borne…

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