NetworkNewsBreaks

ThursdayOct 10, 2019 10:19 am

NetworkNewsBreaks – Fidelity Ditches Commissions on Stock Trades, Joins All-Out Broker Price War

An article published today by CNN Business and written by Hanna Ziady indicates that Fidelity Investments has joined an all-out price war among its rivals as the latest major broker to do away with commissions on online stock trades. Fidelity, one of the world's largest asset managers, announced on Thursday that it will no longer charge customers to trade US stocks, exchange-traded funds (“ETFs”) or options. This follows a growing list of brokers that have, in quick succession, slashed online trading fees, including Charles Schwab (NYSE: SCHW), TD Ameritrade (NASDAQ: AMTD) and E-Trade (NASDAQ: ETFC). The pace of change across…

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ThursdayOct 10, 2019 9:32 am

NetworkNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Honored with Excellence in Manufacturing Consortium Award

Organigram Holdings (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc., a leading licensed producer of cannabis, today announced its recognition at the Excellence in Manufacturing Consortium (“EMC”) Awards of Excellence ceremony held on October 9 in Toronto. According to the update, Organigram was honored with an Outstanding Member Contribution Award for delivering exemplary support to the EMC over the course of its membership. Organigram Senior Vice President of Operational Services, Jeff Purcell, accepted the award, which recognizes organizations that demonstrate outstanding achievement in manufacturing. “Producing high-quality cannabis in a state-of-the-art indoor environment, Organigram operates in an interesting cross-section…

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ThursdayOct 10, 2019 9:25 am

NetworkNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Inks LOI with BeneYOU, LLC

Leading multi-channel lifestyle company Youngevity International (NASDAQ: YGYI) and BeneYOU LLC, a nutritional and beauty products company, this morning announced the execution of a non-binding Letter of Intent (“LOI’) detailing YGYI’s purchase of certain assets of BeneYOU. The companies intend to complete a definitive asset purchase agreement within the next few weeks, and plan to close the transaction by the end of the month. “Given the size of the integration and the amount of communication that will take place between both companies we felt that disclosing where we are in the acquisition process was prudent. Assuming a successful close, we…

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WednesdayOct 09, 2019 3:06 pm

NetworkNewsBreaks – Earth Science Tech Inc. (ETST) Establishes New CBD Sales Division Concentrating on Therapeutic, Pharmaceutical-Grade Products

Earth Science Tech (OTCQB: ETST), an innovative biotechnology company, recently established a new sales division focusing specifically on CBD for therapeutic and pharmaceutical-grade products. An article discussing the company reads, “The impetus behind this new division comes from increased interest in CBD products across multiple medical communities, including medical, holistic and alternative medicine (http://nnw.fm/56vIK). The division will be headed by Erika Franck, who has been serving as the company’s clinical and therapeutics sales director for several weeks. In her new role, Franck will be working with medical providers, chiropractors, acupuncturists, holistic-wellness practitioners and veterinarians, utilizing her years of experience in the…

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WednesdayOct 09, 2019 2:59 pm

NetworkNewsBreaks – VPR Brands LP (VPRB) Considers Intellectual Property Licensing as Auto-Draw Technology Popularity Rises

VPR Brands (OTCQB: VPRB), a multivertical, tiered technology holding company in the cannabis space, is set to benefit as demand grows for e-cigarettes and vaping technologies. Internationally, the e-cigarette and vaping market was forecasted in 2018 to reach $10.3 billion and expand at a CAGR of 24.9% through 2025 (http://nnw.fm/4qJYw). An article discussing the results reads, “The impressive rate at which the industry is growing has created an entrepreneurial attraction to newcomers in the space, causing a critical need for more established companies like VPR Brands to protect their trade secrets. . . . ‘The surge of the vaping category…

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WednesdayOct 09, 2019 1:22 pm

NetworkNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Positioned to Capitalize on Upcoming 5G Rollout

Spectrum Global Solutions (OTCQB: SGSI), a leading single-source provider of next-generation communications network infrastructure and maintenance solutions, is poised to profit from the upcoming rollout of 5G anticipated to take place in 2019.  An article discussing the company reads, “The rollout of rapid 5G networks in 2019 is expected to further boost the delivery of services to clients around the nation and around the world. 5G networks will have increased compatibility and higher network data transmission speeds, greatly improving on wireless network service delivery and solutions. Greater data speeds and better wireless systems are expected to be a big boost…

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WednesdayOct 09, 2019 10:49 am

NetworkNewsBreaks – Adesto Technologies Corp. (NASDAQ: IOTS) Closes $80.5 Million Private Offering

Adesto Technologies (NASDAQ: IOTS), a leading provider of innovative application-specific semiconductors for the IoT era, has closed on $80.5 million aggregate principal amount of 4.25% Convertible Senior Notes due 2024 in a private offering to qualified institutional buyers per Rule 144A promulgated under the Securities Act of 1933. According to the update, the closing included full exercise for $10.5 million of the over-allotment option. The notes will be senior, unsecured obligations of Adesto, bearing an interest rate of 4.25% per year payable semiannually in arrears, and will mature on September 15, 2024, unless earlier converted, redeemed or repurchased. Prior to…

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WednesdayOct 09, 2019 10:20 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Lights Up NACS with Launch of Pure American Hemp(TM) Cigarettes

Technology and investment company SinglePoint (OTCQB: SING) today announced major success at the 2019 National Association of Convenience Stores show (“NACS”) in Atlanta. SinglePoint, as the master distributor of Pure American Hemp(TM) Cigarettes, sold multiple cases to retail store owners representing approximately 2500 stores during the show. In addition, SinglePoint was able to directly interact with interested store owners, national distributors and buying groups, accounting for well over 20,000 retail locations and, this week, has ordered additional product to meet demand. “Our success at NACS was beyond what anybody in our group imagined. It truly gave us deep insight to…

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WednesdayOct 09, 2019 9:44 am

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

Clinical-stage gene therapy company Genprex (NASDAQ: GNPX) today announced its plans to present at the upcoming inaugural MicroCap Rodeo Investor Conference to be held at the Hilton Austin - Downtown in Austin, Texas. Genprex’s presentation is scheduled to take place on Tuesday, October 15 at 9:10 a.m. Central Time, led by its Chairman and CEO Rodney Varner, who will also be available for one-on-one meetings with investors. In addition, the presentation will be available via live webcast, with an archived recording to be provided for later viewing. To view the full press release, visit http://nnw.fm/sISn1 About Genprex, Inc. Genprex, Inc.…

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WednesdayOct 09, 2019 9:35 am

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Posts Credit Financing Update

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified-organic cannabis, today announced that it is reviewing alternative financing options to complete construction at its facilities in Ancaster, Ontario and phase 1a at Valleyfield, Quebec. Per the update, TGODF’s previously disclosed discussions for ordinary course commercial bank facilities and equipment leasing are no longer available on the acceptable terms within the timeframes required due to changing market conditions. Presently, the company has no debt and $56.7 million in cash available in Canada, including $40.2 million in restricted cash allocated to capital expenditures. Construction at Ancaster…

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