NetworkNewsBreaks

FridayJan 11, 2019 10:18 am

NetworkNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Reports Progress on Corporate Realignment Designed to Set the Stage for Strategic Initiatives

DPW Holdings (NYSE American: DPW) this morning announced that the company has completed establishing DPW Financial Group, Inc. and DPW Technologies Group, Inc., both Delaware corporations. The previously-announced move will enable DPW to aggregate all reporting by its subsidiaries and business units through these two new subsidiaries, beginning as early as Q1 of 2019. The company anticipates that the realignment will enable it to more efficiently leverage its sustainable assets and set the stage for other company initiatives in 2019 and beyond, including pursuit of additional strategic investments. Under the new organizational structure, DPW will own 100 percent of the…

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FridayJan 11, 2019 9:53 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses CBD Legalization’s Impact to Business on MoneyTV with Donald Baillargeon

Technology and investment company SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally-syndicated program reviews money-focused topics, featuring in-depth CEO and executive interviews from various companies offering insights into their operations and future outlooks. SinglePoint CEO Greg Lambrecht appeared on this week’s program to discuss the legalization of CBD and its significant impact on business. “We have a lot of opportunities for investment and a lot of opportunities for acquisitions in the CBD market, and that is really going to be our focus in 2019,” SinglePoint CEO Greg Lambrecht stated in the interview.…

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FridayJan 11, 2019 9:30 am

NetworkNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Acquires Telnet Solutions, Inc.

Leading telecommunications engineering and infrastructure services provider Spectrum Global Solutions (OTC: SGSI) recently announced that it has acquired Telnet Solutions, Inc. (“TNS”). TNS is a Des Plaines, Illinois based company that offers design, installation and maintenance of structured cabling system solutions to the enterprise market in the US and abroad. Per the update, TNS’ annual revenue for 2018 was more than $6 million. “We are very excited to bring this established, reputable and proven entity into our fold. Its focus on the enterprise market will drive higher margin, relationship-driven business to our Company. TNS adds new clients and capabilities, as…

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ThursdayJan 10, 2019 11:23 am

NetworkNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) Closes IPO Generating $2.2M in Gross Proceeds

TransCanna Holdings (CSE: TCAN) announced the January 8, 2019 completion of its initial public offering (“IPO”) of 4,400,000 units, issued at a price of $0.50 per unit, which generated aggregate gross proceeds of $2,200,000 pursuant to a December 10, 2018 prospectus. Each unit is comprised of one TransCanna common share and one common share purchase warrant. Each warrant entitles the holder to acquire one additional share at an exercise price of $1 per share until January 8, 2020, under the condition that if the price of the shares on the Canadian Securities Exchange ("CSE") closes at or above $1.50 for…

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ThursdayJan 10, 2019 10:43 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) and MTrac Begin POS Integrations to Drive Paradigm Shifts, Mass Market Adoption

Global Payout (OTC: GOHE) together with its wholly-owned subsidiary MTrac Tech Corp. this morning announced the release of its system’s API for the purpose of integration with some of the cannabis industry’s leading point of sale (“POS”) companies. Per the update, the MTrac team has engaged several POS companies to discuss integration initiatives over the last few months. Integration will enable these companies, responsible for daily uploads of seed to sale tracking data into each state’s regulatory portal, to add card processing to their systems, merging inventory management and payment processing into one solution. “Since our initial launch in October,…

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ThursdayJan 10, 2019 10:24 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Eyes Opportunity in 2019, Highlights Company Initiatives and Acquisitions

Technology and investment company SinglePoint (OTCQB: SING) this morning provided insight into the company’s direction, intended acquisition plans and previous successful acquisitions it has completed to date. According to the update, the company has achieved major success in its industrial hemp CBD related initiatives, with its subsidiary SingleSeed.com receiving a steady increased volume of orders expected to be a key factor in driving increased revenue in 2019. The company is optimizing its site with different landing pages and utilizing tools such a heat maps and A/B testing to target enhanced visitor experience and increased conversion of site visits. SingleSeed continues…

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ThursdayJan 10, 2019 9:50 am

NetworkNewsBreaks – Marijuana Company of America Inc.’s (MCOA) Scio, Oregon Hemp Project Ramped Up for Clone Production, Expanded Growing Season

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) its Joint Venture partner Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF) (FRANKFURT: GHG) announced this morning that clone production at their Scio, Oregon High Yielding CBD Hemp project is in high gear for the 2019 season. The partners are preparing for an “as early as possible” planting this year with preparations underway for planting of this year’s crop to begin in late May to early June, providing an additional 45 to 60 days of growing time compared to last year. This expanded timeframe will allow the hemp plants…

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ThursdayJan 10, 2019 9:16 am

NetworkNewsBreaks – CytoDyn Inc. (CYDY) Appoints New Member to Board of Directors

Biotechnology company CytoDyn (OTCQB: CYDY) this morning announced the appointment of David F. Welch, Ph.D., Founder, Chief Innovation Officer and Director of Infinera Corporation, to the CytoDyn Board of Directors. Dr. Welch has a notable background including strategic planning expertise and broad capital markets experience. As an investor in the company, he appreciates the potential of CYDY’s leronlimab in targeting multiple disease processes. “We are pleased to add Dr. Welch to our Board of Directors. He is a pioneer in the field of optical devices and optical transport with a strong scientific background,” CytoDyn president and CEO Dr. Nader Pourhassan…

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WednesdayJan 09, 2019 3:01 pm

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) CEO Sees Promising Future for CBD Division as Laws Change Globally

ChineseInvestors.com (OTCQB: CIIX), developer of a proprietary financial news media and content platform providing information to the global Chinese-speaking community, is passionate about the role it is playing within the cannabis industry as laws continue change globally, according to the company’s CEO Warren Wang. A recent article further discussing the company reads, “Wang expressed excitement at being a part of expanding reach into the global industrial hemp industry. The company’s ties to the Asian consumer market are strong, and, with South Korea becoming the first East Asian country to legalize marijuana for medical purposes, Wang is hopeful that Thailand will…

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WednesdayJan 09, 2019 2:16 pm

NetworkNewsBreaks – Therma Bright, Inc. (TSX.V: THRM) (OTC: THRBF) Combining its Thermal Therapy Technology with CBD to Target Chronic Pain

Medical device technology provider Therma Bright (TSX.V: THRM) (OTC: THRBF) is developing an innovative pain relief therapy that utilizes its thermal therapy technology in combination with medical grade cannabis or cannabidiol (“CBD”) from hemp in the form of a cream or gel. A recent article discussing the company reads, “In October, Therma Bright revealed that it is also developing testing for a hemp cannabidiol (CBD)-based pain relief therapy that will use creams, gels or salves in concert with its thermal-generation products to target various forms of general or chronic pain such as back pain, arthritic pain and other orthopedic concerns.…

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