NetworkNewsBreaks

TuesdayJan 15, 2019 9:25 am

NetworkNewsBreaks – Zenergy Brands, Inc. (ZNGY) Receives $1.6M in the First Tranche of $10M Debenture Facility

Zenergy Brands (OTC: ZNGY) this morning announced the close of a $10 million debenture facility with TCA Global Credit Master Fund, LP (“TCA”), a fund specializing in senior, secured lending and advisory services. The company has completed several months of due diligence following the execution of the initial Term Sheet on August 29, 2018, and reports the closing of this transaction, effective December 26, 2018. Per the update, TCA has provided Zenergy with the initial tranche of $1.6 million and will fund additional tranches up to $10 million as the company secures new revenue-generating contracts. Zenergy anticipates several new contracts…

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MondayJan 14, 2019 3:35 pm

NetworkNewsBreaks – Sharing Services, Inc. (SHRV) Credits Elevacity Product Sales, Blue Ocean Strategy for Continued Revenue Growth

Plano, Texas-based diversified holding company Sharing Services Inc. (OTCQB: SHRV) recently reported impressive revenues for the second fiscal quarter of 2018, demonstrating the company’s continued success since its launch of products through its Elepreneurs and Elevacity Global subsidiaries. Sales from the Health & Wellness Division of Elevacity Global produced noteworthy surges, and the company also recognizes the implementation of its Blue Ocean Strategy as part of the driving force behind its growth. A recent article discussing the company reads, “The Blue Ocean Strategy is a concept of marketing in an uncontested marketplace. SHRV also noted that its health-and-wellness line has…

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MondayJan 14, 2019 3:01 pm

NetworkNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Gearing Up for 5G

Spectrum Global Solutions (OTC: SGSI), a leading telecommunications engineering and infrastructure services provider, is preparing for the anticipated rollout of 5G in 2019. A recent article discussing the company reads, “Spectrum has beefed up resources to prepare for a 5G future. Earlier this year, it announced the acquisition of ADEX Corporation, an Alpharetta, Georgia-based company, and ADEX Puerto Rico LLC, which offers turnkey wireless and wireline telecom services and project professional services (http://nnw.fm/C6cAW). ADEX, which has operations nationwide and in the Caribbean, has supported telecommunications companies for the last 25 years throughout the project lifecycle of existing and next-generation network…

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MondayJan 14, 2019 11:49 am

NetworkNewsBreaks – Kontrol Energy Corp. (CSE: KNR) (OTC: OTSHF) (FSE: 1K8) Subsidiary Engaged by Ontario Cannabis Company to Provide Emission Compliance Services

Smart energy technology company Kontrol Energy (CSE: KNR) (OTC: OTSHF) (FSE: 1K8) this morning announced its engagement, through operating subsidiary ORTECH Consulting Inc., to provide emission and odor compliance services to an Ontario-based cannabis company. Per the update, the customer will not be disclosed for industry competitive purposes. "As we continue to share our energy and emission services to the cannabis market, we continue to gain new customer wins," Kontrol Energy CEO Paul Ghezzi stated in the news release. "Energy costs continue to be a primary concern for Licensed Producers, however emission and odour compliance are increasingly important as municipalities…

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MondayJan 14, 2019 11:10 am

NetworkNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Enters Exclusive Joint-Marketing/Development Agreement with Icelandic Glacial

Leading omni-direct lifestyle company Youngevity International, Inc. (NASDAQ: YGYI) today announced that it will add Icelandic Glacial – The Purest Tasting Water on Earth – to its growing, multifaceted lineup of health, wellness and food and beverage lifestyle brands through its entry into an exclusive sales and marketing agreement. Under the agreement, Youngevity and Icelandic Glacial will form a three-year, exclusive cross-marketing partnership that will include packaging the super-premium spring water from Iceland with various Youngevity products, such as its 90 For Life supplements. The partners will work exclusively with one another as joint development partners to create new products,…

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MondayJan 14, 2019 10:23 am

NetworkNewsBreaks – Medical Cannabis Payment Solutions (REFG) Highlights Results of Key Banking Launch, Eyes Growth and Expansion

Medical Cannabis Payment Solutions (OTC: REFG) this morning provided an update on its 2018 activities and its strategic direction for 2019, reviewing results from the successful launch of its proprietary cannabis banking solution. According to the update, the Go! platform provides REFG with a key first-mover advantage, as it is believed to be the first cannabis-focused payment solution available across all states with legalized cannabis. Its launch formed the first revenue-generating stream for the company, and over 150 applications and dozens of new accounts for banking have opened since achieving commercialization last quarter. "Our corporate mantra has always been compliance,…

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MondayJan 14, 2019 9:45 am

NetworkNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Invests in Greenhouse Juice Company

Cannabis-focused investment and operating firm Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) this morning announced its investment in Greenhouse Juice Company, a dynamic plant-based food and beverage company. Per the update, Canopy Rivers has committed $9 million in a convertible debt financing package that includes secured and unsecured debt, warrant coverage and board representation rights. Greenhouse is expected to leverage proceeds from this financing to supplement its national expansion and initiatives for the development of natural health and wellness beverages infused with cannabidiol. “As a plant-based health and wellness brand, Greenhouse is excited to continue our mission by expanding across…

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FridayJan 11, 2019 2:00 pm

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Sees Promising Growth in North American Market

Net Element (NASDAQ: NETE), a global technology and value-added solutions group, serves businesses and consumers through its support of electronic payments in an omni-channel environment. An article discussing the company reads, “Net Element, which develops multi-channel electronic payment solutions, has seen a significant increase in its North American business as well, according to a company news release. Ranked by Deloitte’s Technology Fast 500 as one of North America’s 500 fastest-growing companies in 2018, Net Element grew by 183 percent during the time period of recognition (http://nnw.fm/rUki5). Unified Payments, a brand of leading bankcard payment processing services under the NETE umbrella,…

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FridayJan 11, 2019 12:35 pm

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Reinforces its Position in the California Edibles Space through Acquisition

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) recently reported the completion of the acquisition of GOOD CO-OP Inc., a California-based cannabis-infused baked goods brand. A recent article discussing the company reads, “This acquisition is expected to enable Plus to solidify its top position in the edibles field (http://nnw.fm/572iG). … The acquisition is valued at approximately C$2.03 million and will be satisfied through the issuance of 357,464 restricted subordinate voting shares of Plus. … Currently, Plus ranks as the leading edibles brand in California, and its primary focus is within one of the largest edibles categories – gummies. Through…

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FridayJan 11, 2019 12:31 pm

NetworkNewsBreaks – BriaCell Therapeutics Corp. (OTC: BCTXF) (TSX.V: BCT) Confident in the Future of Bria-IMT Following its Demonstrated Success in Clinical Trials

BriaCell Therapeutics (OTC: BCTXF) (TSX.V: BCT), a biotechnology company developing targeted, safe treatments for cancer, sees a promising future for its lead product candidate, Bria-IMT. An article discussing the company reads, “The company recently presented promising results for two of its clinical studies (monotherapy and combination study of Bria-IMT with pembrolizumab [KEYTRUDA®; manufactured by Merck & Co., Inc.]) for patients with advanced breast cancer during the 2018 San Antonio Breast Cancer Symposium in Texas (http://nnw.fm/5YriX).  … ‘I am very excited about our data continuing to show robust biological activity of Bria-IMT™ in advanced breast cancer,’ Dr. Bill Williams, BriaCell’s president…

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