NetworkNewsBreaks

FridayJul 19, 2019 11:27 am

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Staying Ahead of Curve for Anticipated Record Crop in 2019

Sugarmade (OTCQB: SGMD) aims to provide next-generation equipment and techniques to companies that process and extract from industrial hemp for the highly anticipated peak crop in 2019. An article discussing the company reads, “SGMD’s new initiative includes making available to its customers new technology such as water-based sonification extraction, microwaves and other techniques. These machines could reduce the cost of extraction and help cultivators increase output without significant increases in cost. SGMD is not in the hemp cultivation business itself, but it has a business model centered on supporting cultivators. . . . The combination of rising demand and the…

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FridayJul 19, 2019 10:07 am

NetworkNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) Khrysos Industries Enters $19M CBD Water Soluble Isolate Supply and Processing Agreement

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company, this morning announced entry of its wholly owned subsidiary, Khrysos Industries, into a one year supply and processing agreement to produce water soluble CBD Isolate, which contains no THC and is expected to generate revenues of $19 million. According to the update, shipping under the agreement is expected to begin in August 2019 and continue through July of 2020. Customary annual renewal clauses are also contained in the one-year agreement. “The commercial hemp industry is becoming aware of the capabilities and uniqueness of Khrysos Industries,” YGYI President and CFO Dave Briskie…

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FridayJul 19, 2019 9:28 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Receives QuadSight(TM) Prototype Order from Leading Japanese Supplier

Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced an additional sale of a prototype of its QuadSight(TM) four-camera vision system, which is targeted for the semi-autonomous and autonomous vehicle market. A leading Japanese tier one automotive supplier ordered the prototype system following its participation in a technological roadshow that took place earlier this year, and revenue from the sale is expected to total tens of thousands of dollars. “This order affirms the importance of our technological roadshow strategy, which offers potential strategic partners the chance to experience our QuadSight system in real time and better…

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FridayJul 19, 2019 9:21 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Achieves Key Milestone of Form 10 Registration Statement Effectiveness

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an oil and gas industry technology innovator, on Thursday announced that its Form 10 Registration Statement filed with the U.S. Securities and Exchange Commission (“SEC”) became effective as of July 12, 2019. Achievement of this milestone means the company is now subject to the reporting requirements of the amended Securities Exchange Act of 1934. PQEFF will begin filing annual reports with the SEC on Form 10-K, quarterly reports on Form 10-Q and periodic reports on Form 8-K. The company is also subject to additional SEC reporting requirements associated with proxies, shareholder actions and stock…

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ThursdayJul 18, 2019 3:20 pm

NetworkNewsBreaks – Trxade Group Inc. (TRXD) Experiences Strong Start to Fiscal 2019 with Record Revenues, Increased Operating Income

Integrated pharmaceutical logistical services company Trxade Group (OTCQB: TRXD) recently reported record revenues for first quarter 2019 (http://nnw.fm/znW3v). An article discussing the company reads, “TRXD reported Q1 2019 sales of $1.5 million, as compared to $852,923 in revenues for the same period of the previous year. Operating income grew in Q1 2019 to $171,759 from $98,728 in Q1 2018. Net income reached $125,229 for Q1 2019, as compared to $82,269 for the same period of the previous year. . . . ‘Our 2019 fiscal year is off to a record start and in line with our primary objective of expanding our…

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ThursdayJul 18, 2019 3:14 pm

NetworkNewsBreaks – Sharing Services Inc. (SHRG) Subsidiaries Drive Sales Surge

Sharing Services Global Corporation’s (OTCQB: SHRG) Elepreneur LLC and Elevacity Global LLC subsidiaries are driving the company’s continued record-breaking sales in the United States, according to SHRG CEO John ‘JT’ Thatch. An article discussing the company reads, “In addition, SHRG’s CEO said that DSA statistics showed that, of the 1.3 million independent sales consultants in Canada, 82% were women (http://nnw.fm/tTV62). That percentage dovetails with the demographics of SHRG’s marketing force of Elepreneurs independent salespeople. . . . For March 2019, SHRG reported record U.S. sales of $10.4 million (http://nnw.fm/1VLhS). Thatch credited both SHRG’s Elepreneur LLC subsidiary’s independent sales associates and…

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ThursdayJul 18, 2019 2:50 pm

NetworkNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Adds Top-Tier Executive to Ranks

TransCanna Holdings (CSE: TCAN) (FSE: TH8) recently named Alan R. Applonie as general manager of its Modesto facility (http://nnw.fm/2kQDG). A recent article discussing the company reads, “The appointment was made after screening of top-tier talent from the industry for a period of six months. Applonie most recently oversaw a major consumer-goods facility that generated approximately $300 million in annual gross revenues. He will be overseeing all of the manufacturing and related activities at the 196,000-square-foot hub, as well as other units being acquired in Stanislaus County. . . . With this one single move, TransCanna has instilled years of experience, knowledge…

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ThursdayJul 18, 2019 2:39 pm

NetworkNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH Consistently Outperforms Industry Standards

Biotechnology company Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) recently reported that clinical lab tests conducted with live animals demonstrated that its new, enhanced version of DehydraTECH(TM)  can deliver eight times more CBD into the blood and 19 times more CBD into the brain tissue than standard industry formulations (http://nnw.fm/91ZQd). An article discussing the company reads, “LXRP intends to perform more studies on the enhanced DehydraTECH and focus on optimizing implementation regarding product applications for its licensees. . . . In earlier test results, LXRP announced that original or standard DehydraTECH combined with generic nanotech techniques delivers 1,137% more cannabidiol (CBD)…

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ThursdayJul 18, 2019 11:48 am

NetworkNewsBreaks – Pressure BioSciences Inc.’s (PBIO) Flagship Barocycler 2320EXTREME Featured at International Conference in China

Pressure BioSciences (OTCQB: PBIO), a leader in the development and sale of broadly enabling, pressure-based technology and products to the worldwide life sciences and other industries, this morning announced that its flagship Barocycler 2320EXTREME was prominently featured at a three-day, internationally-attended scientific conference held at the elite Westlake University in Hangzhou, China. Professor Tiannan Guo, MD., PhD, a well-known protein research scientist, was one of the primary conference organizers. Professor Guo’s Westlake laboratory was named a PBI Center of Excellence in 2017. “Many of the studies on cancer biopsy tissues performed at Westlake and in the laboratories of our collaboration…

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ThursdayJul 18, 2019 11:42 am

NetworkNewsBreaks – Beliss Corp.’s (BLIS) Treasure Shipwreck & Recovery Reveals New Logo, Business Model

Treasure Shipwreck & Recovery, Inc. (“TSR”), currently trading as Beliss Corp. (OTC: BLIS), this morning announced its plans to implement a business model that targets financial goals of lowering traditional costs through utilization of outside contractors and a lean officer and employee structure. In addition, the company has selected a new corporate logo for brand recognition around the world. According to the update, TSR’s business plan is to lower expenses for treasure recovery while operational funds for expeditions and recovery take priority for the recovery operations, which are being conducted under the direction of Dr. E. Lee Spence. TSR intends…

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