NetworkNewsBreaks

MondayFeb 03, 2020 12:18 pm

NetworkNewsBreaks – Global Water Resources, Inc. (NASDAQ: GWRS) Secures $12.5 Million in Underwritten Public Offering

Global Water Resources (NASDAQ: GWRS), a pure-play water resource management company, has closed an underwritten public offering of 1,000,000 shares of its common stock, which includes 130,000 additional shares pursuant to the full exercise of the over-allotment option granted to the underwriters. According to the update, Global Water Resources secured approximately $12.5 million in gross proceeds from the offering in which each of the shares were sold at the public offering price of $12.50. The company anticipates using the proceeds to fund acquisitions and for working capital and other general corporate purposes. ROTH Capital Partners acted as sole manager for…

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MondayFeb 03, 2020 11:26 am

NetworkNewsBreaks – Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF) Announces Upsizing of Financing, Working Capital to Continue Progress on Growth Objectives and Expansion Efforts

Jushi Holdings (CSE: JUSH) (OTCQX: JUSHF), a globally-focused, multi-state cannabis and hemp operator, today announced the receipt of $35.65 million in proceeds and $9.56m of exchanged debt in connection with the Company's previously announced debt financing. "We are pleased with the upsizing of our financing providing working capital that will allow Jushi to continue making progress on its growth objectives and expansion efforts into 2020 and beyond,” Jushi Chairman and CEO Jim Cacioppo said in the news release. “This capital will support our continued investment in each territory we are currently operating in, positioning Jushi to achieve US$200 to $250…

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MondayFeb 03, 2020 10:56 am

NetworkNewsBreaks – Genprex, Inc. (NASDAQ: GNPX) Announces Plans to Present at NobleCon16 Investor Conference

Genprex (NASDAQ: GNPX), a clinical-stage gene therapy company utilizing a unique, non-viral proprietary platform designed to deliver tumor suppressor genes to cancer cells, today announced that it will present at the Noble Capital Markets 16th Annual Investor Conference. Genprex’s presentation is scheduled to take place at 1:30 p.m. EST on Monday, February 17, 2020, at the conference to be held at the Seminole Hard Rock Hotel & Casino in Hollywood, Florida from February 16-18, 2020. According to the update, Genprex CEO Rodney Varner will deliver an overview of the Company and provide updates on its product pipeline, including the Food…

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MondayFeb 03, 2020 10:23 am

NetworkNewsBreaks – MCTC Holdings, Inc. (MCTC) Appoints Cannabis Industry Veteran Robert L. Hymers III as its Chief Financial Officer

MCTC Holdings (OTC: MCTC), a cannabinoid science forward company developing unique hemp infusion technologies, today announced its addition of cannabis industry veteran, Robert L. Hymers III, as its chief financial officer. Hymers, who currently serves as a director of the Company, brings an extensive background in corporate finance, treasury, financial planning and analysis, tax, investor relations, strategic planning and risk management along with a deep understanding of the hemp and cannabis industries. "The addition of Robert Hymers to the management team significantly strengthens our Company,” MCTC Chief Executive Officer Arman Tabatabei said in the news release. “He brings a unique…

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MondayFeb 03, 2020 9:41 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) Eye-Net Mobile Named a Finalist in GSMA’s MWC Barcelona 2020 Global Mobile Awards

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that Eye-Net Mobile Ltd., its wholly owned subsidiary, was named a finalist in the Best Mobile Innovation for Automotive category in the GSMA’s 2020 Global Mobile (“GLOMO”) Awards. The prestigious awards recognize pioneering individuals, teams, organizations and partnerships in the connected world. The GLOMO Awards ceremony is scheduled to take place at MWC Barcelona on Tuesday, February 25, 2020. “It is a great honor for Eye-Net Mobile to be included among the impressive list of GLOMO Awards finalists,” Foresight CEO Haim Siboni said in the…

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FridayJan 31, 2020 3:02 pm

NetworkNewsBreaks – InsuraGuest Inc. Providing Coverage for Guests’ Property as Vacation-Rental Industry Expands

InsuraGuest is a hotel and vacation-rental-property insurer that specializes in providing protection to rental-property owners and guests’ on a short-term, stay-event basis. A recent article discussing the company reads, “The vacation-rental market is increasingly becoming the preferred night-stay option for some travelers, and it is enjoying a global scale. Real-estate trend watchers at the iPropertyManagement.com website predict vacation rentals will overtake the hotel industry’s revenues this coming year (http://nnw.fm/CfB64), citing over 150 million Airbnb users worldwide and 60% of those accounts in Europe. . . . An increasing number of insurance providers are offering short-term rental-insurance policies to property owners…

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FridayJan 31, 2020 2:23 pm

NetworkNewsBreaks – No Borders Inc. (NBDR) Leverages Blockchain Technology to Provide Security to Cannabis Industry

No Borders (OTC: NBDR) has developed a blockchain data-security platform called CBD Lab Chain that utilizes Ethereum blockchain technology to deliver supply-chain transparency. An article discussing the company reads, “No Borders is a multifaceted brand-development and marketing business using its new blockchain-technology platform, CBD LabChain, to protect consumers and securely inform them of the supply-chain safety of cannabidiol (‘CBD’) products, which are potentially susceptible to chemical taints, inordinate tetrahydrocannabinol (THC) drug levels and incorrect CBD quality claims. The technology is currently used to safeguard CBD products developed by another subsidiary, No Borders Naturals, but has since become a potential revenue…

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FridayJan 31, 2020 2:18 pm

NetworkNewsBreaks – Xalles Holdings Inc. (XALL) Establishes Position as Strong Player in Crypto, Blockchain Sectors

Xalles Holdings (OTC: XALL) is developing its fintech network to support technological solutions for a new age, including expected needs in the cryptocurrency alt coin trading sector. An article discussing the company reads, “Fintech holding company Xalles Holdings Inc. (OTC: XALL) has been positioning itself as a strong player in the crypto and blockchain realms, readying its partner’s cryptocurrency trading engine that nimbly facilitates fast and efficient cryptocurrency transactions to give traders a measure of confidence if they intend to ride out the market’s volatility. . . . Alt coins arose as something of a libertarian effort for people to…

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FridayJan 31, 2020 1:44 pm

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) 2019 Holiday-Spending Report Demonstrates Proprietary BIGtoken Platform’s Capability

Digital-marketing and consumer-data-management technology company SRAX (NASDAQ: SRAX) recently revealed results from its 2019 Holiday Spending Report (http://nnw.fm/UYQi3). SRAX COO Kristoffer Nelson said the survey of 116,000 American consumers confirms the power of its proprietary BIGtoken platform. An article discussing the company reads, “The survey showed that 28% of American consumers polled planned to holiday shop in stores, while 40% planned online purchases and 32% said they would buy both in store and online. Results from the 2019 Holiday Spending Report by SRAX also breaks down results by gender, age, ethnicity and household income. Cyber Monday and Black Friday data…

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FridayJan 31, 2020 1:35 pm

NetworkNewsBreaks – Sharing Services Global Corporation’s (SHRG) Network of Elepreneurs Sees Consistent Growth

Sharing Services Global Corporation (OTCQB: SHRG), a diversified holdings company, is steadily expanding its international network of home-based entrepreneurs, known as Elepreneurs. An article discussing the company reads, “The company strives to empower these Elepreneurs and elevate its customers’ lives through its subsidiaries. One such subsidiary, Elepreneurs LLC, provides both basic and advanced programs for members who sell products via direct selling. Elepreneurs LLC continues to gain new independent sales representatives who are trained, supported and encouraged by the company. . . . Elevacity Global LLC is a second SHRG subsidiary. Elevacity’s mission is to improve people’s physical and mental…

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