NetworkNewsBreaks

MondayNov 05, 2018 10:02 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Increases Stake in RailVision after Substantial Technological and Commercial Advancements

Automotive technology innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced that it has increased its stake in RailVision Ltd. by exercising warrants into 2,704 ordinary RailVision shares for an aggregate of $0.6 million. The move follows last September’s InnoTrans International Trade Fair for Transport Technology in Berlin, where RailVision demonstrated substantial commercial and technological progress. As a result of the exercise, Foresight now holds 36.33 percent of RailVision’s issued and outstanding share capital, of which 33.78 percent is on a fully diluted basis. RailVision, a leading provider of cutting-edge safety systems and cognitive vision sensor technology…

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MondayNov 05, 2018 9:39 am

NetworkNewsBreaks – CytoDyn Inc. (CYDY) Submits IND Application, Protocol for Phase 1b/2 Clinical Trial with PRO 140

CytoDyn (OTCQB: CYDY) this morning announced its submission of an investigational new drug (“IND”) application to the U.S. Food and Drug Administration (“FDA”) to carry out a phase 1b/2 clinical trial with PRO 140 as a therapy for metastatic triple-negative breast cancer. Currently, limited therapeutic options are available for triple-negative breast cancer due to an absence of standard biomarkers for targeted options. The original research and issued patents on CCR5 as a therapeutic target for cancer treatment were led by Richard Pestell, M.D., Ph.D., CytoDyn’s Interim Chief Medical Officer. Dr. Pestell’s published conclusions verified that CCR5 is a crucial receptor…

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FridayNov 02, 2018 3:24 pm

NetworkNewsBreaks – GreenBox POS, LLC (GRBX) Ensures Secure Payment through its Blockchain Powered QuickCard E-wallet

Hardware and software technology company GreenBox POS (OTC: GRBX) has developed its QuickCard e-wallet powered by blockchain that ensures secure payment. An article discussing the company reads, “The QuickCard mobile app, or consumer wallet, is a new way to use, interact and pay without money. After installing the app, consumers can load funds with a debit or credit card or at a QuickCard kiosk using cash. Funds loaded onto the wallet are available immediately for purchases at any location where QuickCard is accepted as a form of payment. The consumer wallet includes an easy-to-use interface through which consumers can purchase…

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FridayNov 02, 2018 3:20 pm

NetworkNewsBreaks – First Cobalt Corp.’s (TSX.V: FCC) (OTCQX: FTSSF) Mineral Resource Estimate Results Bode Well for Iron Creek Project

Vertically integrated North American pure-play cobalt company First Cobalt (TSX.V: FCC) (OTCQX: FTSSF) (ASX: FCC) recently reported the results of its first NI 43-101 Mineral Resource Estimate for its wholly-owned Iron Creek Cobalt Project in Idaho. FTSSF reported Inferred Mineral Resources of 29.6 million tons (26.9 million tonnes) grading 0.11 percent cobalt equivalent, under a base case scenario, and an alternative underground-only scenario indicating 4.9 million tons (4.4 million tonnes) grading 0.30 percent cobalt equivalent (http://nnw.fm/Af2zz). A recent article discussing the results reads, “An “Inferred Mineral Resource” is a concentration of some mineral that appears to have a reasonable prospect for…

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FridayNov 02, 2018 2:42 pm

NetworkNewsBreaks – BriaCell Therapeutics Corp. (OTC: BCTXF) (TSX.V: BCT) Continues to Advance Promising BriaCell Clinical Program

During 2018, BriaCell Therapeutics (OTC: BCTXF) (TSX.V: BCT) has attained topline safety and efficacy clinical data in a clinical trial, achieved proof of concept and advanced its BriaCell clinical program. A recent article further discussing the important milestones the company has reached reads, “BriaCell recently announced excellent safety and efficacy data from a phase I/IIa proof of concept clinical study in advanced breast cancer patients. There were reports of tumor shrinkage in various sites. These results were confirming the findings from two previous proof-of-concept clinical trials that showed promising results in patients with advanced breast cancer. The most notable result…

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FridayNov 02, 2018 2:17 pm

NetworkNewsBreaks – BANKEX Partners with Other Industry Leaders to Produce a Quantum-resistant Cryptographic Protocol

BANKEX, a company developing the Proof-of-Asset Protocol to bring Banking-as-a-Service (BaaS) product modules and blockchain together, has partnered with researchers at University of Waterloo, InfoSec Global and the Institute for Quantum Computing to develop a cutting-edge quantum-resistant cryptographic protocol. This technology may be a critical component of cybersecurity for the future of universal quantum computing as the first quantum-resistant, password-authenticated key exchange based on supersingular elliptic curve isogenies that can ensure security, even in a quantum environment. Based on an updated Password-Authenticated Key Exchange (“PAKE”) by BANKEX and its partners, the newly-developed protocol uses a password to generate functions that…

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FridayNov 02, 2018 12:23 pm

NetworkNewsBreaks – American-Swiss Capital, Inc. Takes Control of Rineon Group, Inc. (OTC: RIGI) Ahead of Planned Merge

American-Swiss Capital recently issued an update on its website announcing that it is officially a publicly traded company following its move to take control of Rineon Group, Inc. (OTC: RIGI). The company also announced that has filed a Form 10 with the Securities & Exchange Commission (“SEC”) to become a fully reporting company. Documents have been filed with the Financial Industry Regulatory Authority (“FINRA”) for a name change from Rineon Group, Inc. to AS Capital Inc., a ticker symbol change and a reverse split of the stock to reduce the shares outstanding by a factor of 10. The company reports…

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FridayNov 02, 2018 12:20 pm

NetworkNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Receives Speculative Buy Rating, $5 Price Target from Clarus Securities

The Flowr Corporation (TSX.V: FLWR), a vertically integrated Canadian cannabis company headquartered in Markham, Ontario with a Kelowna, British Columbia-based production facility, is making a name for itself in the booming cannabis sector. FLWR was recently covered in a research report by Clarus Securities, which was then highlighted in a recent article published by CantechLetter.com, titled ‘The Flowr Corporation could be a big winner in the cannabis space, Clarus Securities says’. The research report describes the company as “one of the very few Canadian licensed producers of cannabis with experience in successfully scaling indoor cultivation of premium product.” Clarus Securities…

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FridayNov 02, 2018 10:06 am

NetworkNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Appoints Senior VP, Distribution to Drive Brand Growth, Market Presence

Hemp-cultivated cannabinoid innovator Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) announced the appointment of its new Senior Vice President, Distribution Greg McCauley. McCauley’s experience spans over 30 years in the consumer products industry, serving in roles with major brands including Jägermeister, Muscle Milk and Red Bull. His experience, skills and network position will assist Phivida in driving product growth, initially with the launch of its Oki brand and to optimize its presence in the rapidly-growing premium functional food and beverage market. "Phivida is delighted that Greg will be joining our team to work with us on this next exciting stage of…

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FridayNov 02, 2018 9:35 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Announces LOI for Major Acquisition in Interview on MoneyTV

SinglePoint (OTCQB: SING) was a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program discussing “money and what makes it happen.” In this week’s episode, SinglePoint CEO Greg Lambrecht reported that the company has inked a Letter of Intent (“LOI”) concerning a major acquisition target of the company. “We've been working on a very large acquisition,” CEO Greg Lambrecht stated in the interview. "Things are moving forward very nicely. Like I said, we just signed the LOI today. So, we continue to move forward with this large acquisition." To view the…

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