NetworkNewsBreaks

TuesdayNov 06, 2018 9:54 am

NetworkNewsBreaks – DPW Holdings, Inc.’s (NYSE American: DPW) New Organizational Structure Intended to Support Growth Objectives, Distinguish Subsidiaries

DPW Holdings, Inc. (NYSE American: DPW) today announced that a proposed reorganization of its corporate structure has been approved by its board of directors. The reorganization is intended to enable DPW to reach strategic objectives, including its growth strategy, and assist in clear distinction of the components and purpose of each subsidiary for investors and others. Under the restructure, DPW Holdings will acquire, develop and spinoff companies in two wholly-owned groups, anticipating to begin separate accounting for each in 2019. The separate divisions will be organized as: DPW Technology Group, which will focus on advanced technology, design, power solutions and…

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TuesdayNov 06, 2018 9:26 am

NetworkNewsBreaks – GreenBox POS, LLC (GRBX) Adds New Banking Relationship to List of Strategic Partnerships

Hardware and software technology company GreenBox POS (OTC: GRBX) this morning reported that it has started a new banking relationship under which it has already boarded and commenced processing accounts with volumes of more than $50 million annually. In addition, the company holds the option to increase the volume for these accounts to over $100 Million annually by the second quarter of 2019. "GreenBox will continue to add to its roaster of strategic partners in order to achieve the processing bandwidth it needs to support the business of its growing customer base," GreenBox Executive Vice President Ben Errez stated in…

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MondayNov 05, 2018 3:06 pm

NetworkNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) Funds Winterlife Inc.

Redfund Capital Corp (CSE: LOAN) (Frankfurt: O3X4) (OTC: PNNRF) today announced that it has signed a promissory note to fund Winterlife Inc. including the premier launch of its new CBD and hemp-based product line, WinterlifeCBD. The WinterlifeCBD product line is free of THC and is entirely organic, vegan and gluten free. The line is comprised of gourmet cookies, tinctures and capsules manufactured in Washington State. The companies inked a two-year term convertible secured promissory note for CAD $1,000,000 at an annual interest rate of 14%. Redfund holds the option to convert the note at any time during the term. Additionally,…

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MondayNov 05, 2018 12:13 pm

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Driving Opportunities for Growth through Acquisitions

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) recently acquired HemPoland, increasing its opportunities for growth in the European market as part of the company’s international strategy. An article discussing the acquisition reads, “According to The Green Organic Dutchman CEO Brian Athaide, the transaction is a key milestone in the company’s long-term acquisition strategy. It delivers immediate revenue to shareholders while opening up a new vertical for the company. It also provides evidence of the company’s growth toward its goal of having operations in 12 countries on three continents by the end of…

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MondayNov 05, 2018 11:37 am

NetworkNewsBreaks – American Premium Water Corp. (HIPH) Appoints CEO as Interim Chairman

American Premium Water (OTC: HIPH) this morning announced that CEO Ryan Fishoff has been appointed as Interim Chairman, effective November 2, 2018. “I am extremely honored to have the additional responsibility of Interim Chairman. When I was given the opportunity to take over as CEO last year, the board believed in my vision for this company. Over the past year I have been able to implement a lot of that vision, and I am looking forward for the upcoming year to continue to grow and achieve the goals that I have outlined as the company continues to transform and get…

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MondayNov 05, 2018 10:53 am

NetworkNewsBreaks – Sharing Services, Inc.’s (SHRV) Elepreneurs Subsidiary Offers New Opportunity for the Entrepreneurially Minded

Sharing Services, Inc. (OTCQB: SHRV) this morning announced that its wholly owned subsidiary, Elepreneurs LLC, has launched its new Super Affiliate Marketing (“S.A.M.”) opportunity for the entrepreneurially minded. The program is designed for those actively pursuing part-time gigs, a growing population of the current workforce. With S.A.M., part-time income is possible through sharing the company’s Elevacity product line, resulting in customer acquisition, realized commissions and the development of others who engage in the program. “We offer the opportunity to share a variety of products and services as an Elepreneur (independent contractor),” Elepreneurs founder and CEO Robert Oblon stated in the…

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MondayNov 05, 2018 10:43 am

NetworkNewsBreaks – Aurora Cannabis Inc. (TSX: ACB) (NYSE: ACB) Increases Investment in Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF)

British Columbia-based fully-integrated cannabis company Choom Holdings (CSE: CHOO) (OTCQB: CHOOF), together with Aurora Cannabis Inc. (TSX: ACB) (NYSE: ACB), this morning announced that the companies have completed a non-brokered private placement of a debenture in the principal amount of $20,000,000 in Choom by Aurora, convertible into common shares of Choom at a conversion price of $1.25 per share, with a four year maturity date. The unsecured convertible debenture is subject to a minimum conversion amount of $5,000,000. Following the expiration of the hold period, if the volume weighted average trading price ("VWAP") of the common shares on the CSE…

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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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