NetworkNewsBreaks

WednesdayJan 30, 2019 10:15 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Secures $1M Investment and Enters Binding Agreements, Strategic Development Alliance with RH Electronics

Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced its entry into an investment agreement, a development services agreement, and a binding memorandum of understanding (“MOU”) for manufacturing and engineering consulting services with RH Electronics Ltd., a primary contractor in the manufacturing and assembly of electronic systems. According to the update, RH will invest in Foresight, and Foresight will retain RH’s services for a multi-phase project to develop FPGA and ASIC solutions for Foresight’s QuadSight vision system. Under the investment agreement, which is subject to customary closing conditions and expected at the beginning of February 2019,…

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WednesdayJan 30, 2019 9:29 am

NetworkNewsBreaks – Kontrol Energy Corp. (CSE: KNR) (OTC: OTSHF) (FSE: 1K8) Launches SmartMax(R) Energy Gateway into the Global Market

Smart energy technology company Kontrol Energy Corp. (CSE: KNR) (OTC: OTSHF) (FSE: 1K8) this morning announced the launch of its IoT technology for commercial, multi-residential and hospitality real estate markets worldwide. The company's new SmartMax(R) Energy Gateway is an intelligent energy technology that interfaces with building automation systems and HVAC equipment. The data collected is then immediately exported to Kontrol's cloud-based energy management software platform. Core features include fast installation, immediate access to energy data, secure data transmission, and immediate visibility into energy demand and consumption. Forbes Silverthorne, VP Building Performance at Kontrol Energy, stated, "Through SmartMax we are vastly…

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WednesdayJan 30, 2019 9:23 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Provides Update on Refinery Material Testing Progress

First Cobalt (TSX.V: FCC) (OTCQX: FTSSF) (ASX: FCC), a North American pure-play cobalt company, this morning reported interim results from ongoing testing of cobalt hydroxide material as potential feedstock for its First Cobalt Refinery in Ontario, Canada. According to the update, the preliminary testing demonstrated that 98% of cobalt effectively leached from cobalt hydroxide material with solvent extraction processes used to further remove deleterious elements. Additionally, cobalt extraction tests are underway and will be followed by sulphate crystallization to produce cobalt sulphate. Results are anticipated by the end of the quarter. “Today's results give us further confidence that the First…

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TuesdayJan 29, 2019 12:30 pm

NetworkNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) Enters LOI for Acquisition of Goodfellas Group, LLC

TransCanna Holdings (CSE: TCAN) (XETR: TH8) today announced that it has signed a non-binding letter of intent to acquire a full service advertising and marketing agency for the cannabis and hemp industries, Goodfellas Group, LLC, from which TransCanna is already acquiring 23 branding agreements. 60 percent of acquisition price (two times the previous 12 months revenues, at the time of execution of definitive agreements, as set forth in Goodfellas audited financial statements), will be paid at closing, half of which payable in cash and half payable through the issuance of the company's common shares. The remaining 40 percent of the…

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TuesdayJan 29, 2019 12:24 pm

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Named Among 2018’s Top 10 Retail Payment Services Companies by Retail CIO Outlook

Global technology and value-added solutions group Net Element (NASDAQ: NETE) this morning announced that it has been named one of the top 10 retail payment consulting/services companies of 2018 by Retail CIO Outlook magazine. Per the update, Retail CIO Outlook set out to identify the very best of the best among many payment service providers entering the industry and compiled its list of “Top 10 Retail Payment Consulting/Services Companies – 2018,” (http://nnw.fm/qWWq0) through selection of those that exhibit innovative capabilities and strategies. In choosing its finalists, Retail CIO Outlook’s selection panel considered each vendor’s ability to deliver effective, economic and time-focused…

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TuesdayJan 29, 2019 11:16 am

NetworkNewsBreaks – Earth Science Tech, Inc. (ETST) and Dermagate to Introduce Hygee at Arab Health 2019 in Dubai

Innovative biotechnology company Earth Science Tech (OTCQB: ETST) today announced that it will display its leading-edge medical device, Hygee, in Dubai at the biggest annual medical trade fair in the Middle East and North Africa (“MENA”) region - Arab Health 2019. More than 4,000 companies from 66 countries will present at the fair, to be held at the Dubai World Trade Centre from January 28 – 31, 2019 and it is expected to attract over 84,000 visitors and nearly 6,000 dignitaries. ETST’s manufacturing partner, Dermagate, will officially represent the company at the fair, introducing Hygee to the most important medical…

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TuesdayJan 29, 2019 10:44 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) and MTrac Gaining Serious Momentum with Proof of Concept, Increased Revenues and Rapid Expansion

Global Payout (OTC: GOHE) together with its wholly-owned subsidiary MTrac Tech Corporation this morning provided a shareholder progress update on the roll out of secure blockchain-backed payments platform, MTrac. Since its October launch, the platform has realized month over month increases in transactions, net revenue and average ticket prices. According to the update, the company’s research has reflected an average increase of 26 percent on ticket prices for customers using MTrac as compared to pre credit card acceptance. The company expects significant revenue increases to continue over the coming months through growing merchant adoption and system updates to streamline processes.…

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TuesdayJan 29, 2019 10:08 am

NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces Successful Prelaunch of hempSMART UK

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) this morning announced that its wholly-owned subsidiary hempSMART, Ltd. has completed the first month of signups for its UK prelaunch. Per the update, the company’s UK division has implemented a regional office, customer service team and distribution center, established by personnel with many years of network marketing sector experience. The company will celebrate the opening of hempSMART UK with a London-based launch event on March 9, with expected sold-out attendance by several international speakers and associates travelling from all over the United Kingdom. MCOA anticipates that the UK launch…

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TuesdayJan 29, 2019 9:50 am

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) JV Partner Secures Cultivation License for Denmark Operations

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today announced that its joint venture (“JV”) production partner, Knud Jepsen, has received an initial cannabis business authorization from the Danish Medicines Agency, the government body responsible for issuing cannabis related licenses. According to the update, the license will allow Kund Jepsen to begin immediate importation of starting materials and research and development related to the creation of elite cannabis genetics. Under the terms of the completed definitive agreement, Knud Jepsen will submit a request to the Danish Medicines Agency for the assignment of this license…

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TuesdayJan 29, 2019 9:30 am

NetworkNewsBreaks – The Flowr Corporation’s (TSX.V: FLWR) (OTC: FLWPF) Premium Cannabis Products Become Available for Purchase in Manitoba

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), through its subsidiary The Flowr Group (Okanagan) Inc. (collectively “Flowr”), this morning announced that the company’s premium cannabis products are now available for purchase through licensed private retailers in Manitoba. This brings the total number of provinces the products are sold in to five, with the company securing previous sales agreements in British Columbia, Nova Scotia and Ontario as well as sales through a private dispensary in Saskatchewan. “We’re proud to have Flowr brand cannabis available to consumers in Manitoba and to be working with Manitoba Liquor & Lotteries. Making Flowr’s products available…

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