NetworkNewsBreaks

ThursdayFeb 07, 2019 3:30 pm

NetworkNewsBreaks – Grey Cloak Tech Inc. (GRCK) Finalizes Acquisition of BergaMet NA, LLC

Grey Cloak Tech (OTC: GRCK) today announced that it has completed the acquisition of BergaMet NA, LLC, resulting in BergaMet becoming a wholly-owned subsidiary of the company. BergaMet imports, manufactures and distributes a proprietary line of products derived from Bergamot, a rare citrus fruit that is considered a “superfruit” due to the uncommon composition of the various antioxidant polyphenols. As part of the acquisition, Sanjeev Javia was appointed as President, Chief Executive Officer, and has joined the Grey Cloak Board of Directors. Prior to the acquisition, the company entered into a note satisfaction agreement with all holders of its convertible…

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ThursdayFeb 07, 2019 2:20 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Subsidiary Secures Key R&D Funding for Oral Nicotine Delivery Using DehydraTECH Technology

Lexaria Bioscience’s (CSE: LXX) (OTCQX: LXRP) wholly owned subsidiary, Lexaria Nicotine LLC, recently struck a deal with a large tobacco partner, securing significant R&D financing for the company’s DehydraTECH absorption platform (http://nnw.fm/A0iyv). A recent article discussing the company reads, “Through the agreement, the partner also has the option to provide up to $11 million in additional research through multiple phased private financings to underwrite LXRP’s R&D. In exchange, the partner will receive certain license rights to commercialize these DehydraTECH products exclusively in the United States and non-exclusively elsewhere. The partner, the largest cigarette company in the U.S., will be obligated…

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ThursdayFeb 07, 2019 1:17 pm

NetworkNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Strengthens Board of Directors Ahead of Planned Uplisting

Cannabis Strategic Ventures (OTC: NUGS) recently reported the addition of cannabis industry insiders to its board of directors ahead of its planned uplisting to the OTCQB Venture Market. A recent article discussing NUGS reads, “The board of directors was strengthened through the appointments of Tad Mailander and Jesus Quintero (http://nnw.fm/Jem2f). Mailander, who is currently a director of American Cannabis Company, is an attorney with experience in handling SEC-related matters. Jesus Quintero is presently CFO of MassRoots, a leading technology platform for the cannabis industry. Quintero previously served as CFO of Brazil Interactive Media. He has a wealth of experience in…

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ThursdayFeb 07, 2019 12:57 pm

NetworkNewsBreaks – Golden Developing Solutions Inc. (DVLP) Announces Imminent Launch of ‘WheresCBD’ Portal

Golden Developing Solutions Inc. (OTC: DVLP), an emerging leader in the cannabis, hemp and cannabidiol (“CBD”) marketplace, this morning announced the imminent launch of its new ‘WheresCBD’ portal. “With WheresCBD, we are creating the most comprehensive CBD consumer resource in existence, expanding on the dramatic growth we have witnessed in our WheresWeed division,” Stavros Triant, CEO of DVLP, stated in the news release. “The low-level retail CBD story has played itself out. But the specialty and niche story is really just getting started… We see this as an explosive service niche with no serious competition in a market that is…

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ThursdayFeb 07, 2019 12:28 pm

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Utilizes Food Manufacturing Experience to Deliver First-Class Edible Products

As a leading California edibles manufacturer with over 40 years of experience in food manufacturing, Plus Products (CSE: PLUS) (OTCQB: PLPRF) focuses on providing products with unmatched taste and texture that are both compliant and dosable. A recent article discussing the company reads, “Plus continues to launch limited edition products. It recently introduced the fourth limited edition of its market-leading infused gummies – Pink Lemonade. This product is available at select dispensaries in California for a limited time, with a portion of the proceeds from the launch being donated to the National Parks Foundation. Plus Pink Lemonade flavored gummies are…

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ThursdayFeb 07, 2019 11:26 am

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) CEO Releases Letter to Shareholders Highlighting 2018 Milestones and Initiatives for Year Ahead

Global technology and value-added solutions group Net Element (NASDAQ: NETE) this morning released a letter to its shareholders from its CEO Oleg Firer that highlights 2018 milestones and plans for the year ahead. According to the update, NETE’s 2018 accomplishments include the acquisition of recurring cash flow portfolio from Argus Merchant Services, projected to add over $4 million in gross profits over the next 4 years; ranking on Deloitte’s 2018 Technology Fast 500; winning two categories at ACQ5 Global Awards 2018, with CEO named “Gamechanger of the Year”; and strategic appointments of Jon Najarian of CNBC “Halftime Report” and “Fast…

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ThursdayFeb 07, 2019 11:17 am

NetworkNewsBreaks – CybiWealth’s Digital Platform Creates Greater Access to Low-Cost Investment in Market Leading Companies

Multifaceted financial news and publishing company NetworkNewsWire (“NNW”) today announced an update highlighting financial disruptor CybiWealth, which is presenting at this week’s London-based Finovate Europe conference. The company’s new digital investment platform is designed to create greater access to investing by enabling young and first-time investors to buy direct shares in global companies at extremely low costs. CybiWealth’s approach also allows investors to become the beneficial owners of the shares, allowing them to, unlike mutual funds, hold shares in their own name rather than indirect investment. The platform also simplifies the fee structure for investors with removal of administration and…

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ThursdayFeb 07, 2019 10:37 am

NetworkNewsBreaks – Supreme Cannabis Company Inc.’s (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES Expands Domestic Distribution Coast-to-Coast Across Eight Provinces

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced that its wholly owned subsidiary, 7ACRES, has entered into a supply agreement with the New Brunswick Liquor Corporation to supply recreational cannabis to its retail stores and has been registered as a supplier in the province of Saskatchewan. Per the update, Saskatchewan and New Brunswick are 7ACRES' seventh and eighth provincial partners in addition to British Columbia, Alberta, Manitoba, Ontario, Nova Scotia and PEI. “We're excited to announce that 7ACRES-branded products will be available for adult-use in eight Canadian provinces coast-to-coast,” Supreme Cannabis CEO Navdeep Dhaliwal said in…

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ThursdayFeb 07, 2019 10:20 am

NetworkNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) Engages First Member of New USA Advisory Team to Focus on Opportunities in CBD and Hemp

Redfund Capital Corp (CSE: LOAN) (Frankfurt: O3X4) (OTC: PNNRF) today announced that it has engaged New Jersey based Wingspan Advisors and Jerry Hug, the current director of global operations for Cloud Commerce, a U.S.-based data driven digital marketing company. Cloud Commerce provides data-driven digital marketing services, content creation and media buying to its clients through its wholly owned subsidiaries Parscale Digital, Datapropria, Giles Design and WebTegrity. Hug will be Redfund’s first advisor to the company’s newly-formed USA advisory team and will assist Redfund in positioning its current loan portfolio of branded products throughout the U.S. The Redfund team will focus…

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ThursdayFeb 07, 2019 9:39 am

NetworkNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Enters Definitive Agreement of Merger with WaveTech Global

Leading telecommunications engineering and infrastructure services provider Spectrum Global Solutions (OTCQB: SGSI) this morning announced its entry into a definitive agreement of merger with WaveTech Global Inc., a global next-generation technology platform company. WaveTech specializes in mobile network microservices, critical power management and efficiency, asset lifecycle extension, data-analytics, intellectual property development and implementation services. According to the update, the consolidated merged entity shall have an enterprise value of $130 million upon completion of the merger, effected through a sale and exchange of shares and cash, and acquisition of WaveTech and all of its assets and subsidiaries. In accordance with the…

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