NetworkNewsBreaks

ThursdayMay 24, 2018 9:23 am

NetworkNewsBreaks – FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRA: TQ42) Announces Start of Development on Micro-Betting Mobile App

Fan-focused entertainment company FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRANKFURT: TQ42) this morning announced that the design work for its micro-betting mobile app product has begun. Per the update, the team that FANDOM SPORTS has put in place to develop its innovative app has spearheaded the creative direction for a number of highly touted products, including the NBA International, NASCAR, The Sporting News and Flywheel Sports mobile apps. FANDOM SPORTS notes that the upcoming product release will be centralized around a globally recognizable brand strategy, and the company has completed comprehensive trademark applications within North America, Europe and…

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WednesdayMay 23, 2018 3:32 pm

NetworkNewsBreaks – Medical Marijuana, Inc. (MJNA) Reports Q1 2018 Financial Results

Medical Marijuana, Inc. (OTC: MJNA) this morning announced that the company and its subsidiaries, Kannaway® and HempMeds®, have achieved the largest-ever sales revenue quarter in their history during Q1 2018. The company also reached major milestones in its business operations, including immense expansion and continued growth demonstrated by its HempMeds subsidiary and continued growth in Europe by its Kannaway subsidiary. Per the update, the company’s first quarter revenues surpassed $10.5 million, an increase of more than 190% over the same period of the previous year. Total gross profits for Q1 2018 also recognized an increase of more than 30% as…

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WednesdayMay 23, 2018 1:18 pm

NetworkNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Posts Update on Forward Stock Split

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H), a health sciences company aiming to become a preventive health sciences leader, today announced that, in accordance with the shareholder-approved forward stock split of its issued and outstanding common shares on the basis of five new shares for each existing share, the company's shares have begun trading today on the Canadian Securities Exchange on an "ex-distribution" basis. Per the update, the record date for the stock split has been set at May 24, 2018. To view the full press release, visit http://nnw.fm/l1JT6 About PreveCeutical Medical Inc. PreveCeutical is a health sciences…

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WednesdayMay 23, 2018 1:09 pm

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Subsidiary Launches Intelligent Payment Solution for the Events Industry

Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) this morning announced that its subsidiary, Unified Payments, has launched an intelligent payment solution for the meetings and events industry – a market that accounts for over $330 billion in annual direct spending, according to a recent report from The Events Industry Council. Per the update, the integrated payment solution enhances existing payment acceptance services with intelligent integration for point-of-sale systems, self-order kiosks, chargeback protection and multi-channel payment acceptance. “We are excited to provide the event management industry with fully integrated, feature rich payment acceptance solutions,” Vlad Sadovskiy, president…

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WednesdayMay 23, 2018 12:42 pm

NetworkNewsBreaks – US Cobalt Inc. (TSX.V: USCO) (OTCQB: USCFF) Extends Mineralization at Iron Creek Project; President Comments on Upcoming Acquisition by First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF)

US Cobalt (TSX.V: USCO) (OTCQB: USCFF) this morning reported initial results from its 2018 underground drill program at the Iron Creek project in Idaho. Per the update, all three holes met significant cobalt mineralization, expanding the known mineralization to over 1,700 feet along strike. US Cobalt shareholders recently voted 99.87% in favor of a friendly merger with First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) which is anticipated to close by the end of May 2018. “We continue to increase the known strike length at the Iron Creek Project as we work towards a maiden resource estimate later this year. US…

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WednesdayMay 23, 2018 12:01 pm

NetworkNewsBreaks – Epazz, Inc. (EPAZ) Reports Q1 2018 Financial Results

Epazz, Inc. (OTC: EPAZ), a leading provider of blockchain cryptocurrency mobile apps and cloud-based business software solutions, this morning reported its unaudited first quarter results for 2018. Among other highlights, the company reported a net income of $15,050 and revenue of $474,145, a slight increase over $473,974 for the same period of 2017, marking an improvement in the company’s financial position. Additionally, Epazz’s interest expense has dropped from $73,462 for the first quarter of 2017 to just $34,771 for the first quarter of 2018, demonstrating a considerable decrease. The company anticipates that its ZenaPay blockchain payment solution and other blockchain…

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WednesdayMay 23, 2018 11:46 am

NetworkNewsBreaks – QMC Quantum Minerals Corp. (TSX.V: QMC) (OTC: QMCQF) (FSE: 3LQ) Engages SGS Canada Inc. for 2018 Exploration and Drilling Program

British Columbia-based resource company QMC Quantum Minerals Corp. (TSX.V: QMC) (OTC: QMCQF) (FSE: 3LQ) this morning announced that it has engaged SGS Canada Inc. to offer technical support and consulting services for the company’s 2018 field exploration and drilling program at the Irgon Lithium Mine Property in southeast Manitoba. Per the update, SGS will provide an experienced team of engineers and geoscientists with significant technical expertise pertaining to lithium pegmatite exploration and development. This team is expected to review existing documents and geological modelling of the historical data and provide guidance to QMC on the upcoming 2018 field program and…

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WednesdayMay 23, 2018 11:31 am

NetworkNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Subsidiary Secures Manufacturing Facility in California

Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning announced that its wholly-owned U.S. subsidiary, Pivot Naturals LLC, ("PNL"), has entered a lease agreement for a manufacturing facility in Costa Mesa, California's Measure "X" Zone. PNL will immediately submit applications to acquire a Marijuana Business Permit, Conditional Use Permit and Business License. Businesses that meet the requirements to operate in Costa Mesa's Measure "X" Zone can establish research and development and testing laboratories and are permitted to conduct wholesale medical marijuana distributing, manufacturing, processing and transporting. The company intends to use the building as a state-of-the-art GMP manufacturing…

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WednesdayMay 23, 2018 10:45 am

NetworkNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Launches New Medical Cannabis Brand

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced the launch of its new medical cannabis brand, Beacon Medical. The company developed the brand based on a deep consumer understanding that it obtained through an exclusive study of 1,500 Canadians. The study showed that consumers needed a brand that makes the process of obtaining and using medical cannabis easier to navigate. Beacon Medical intends to help patients and their healthcare provider find the best treatment option amid the complex medical cannabis market by providing excellent customer service, simple registration and product classification, efficient purchasing and pharmaceutical-grade products. The full…

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WednesdayMay 23, 2018 10:25 am

NetworkNewsBreaks – BLOCKStrain Technology Corp. (TSX.V: DNAX) Commences Trading on TSX Venture Exchange under Symbol ‘DNAX’

BLOCKStrain Technology Corp. (TSX.V: DNAX), developer of the first integrated blockchain platform that registers and tracks intellectual property for the cannabis industry, this morning announced that its shares have commenced trading on the TSX Venture Exchange under the symbol ‘DNAX’. “This is a big day for our team, and is the culmination of many years of preparation and dedication to building a software company designed exclusively to meet the unique needs and challenges of the emerging cannabis industry,” the company notes in the news release. “We have combined the best of enterprise and decentralized ledger technology to launch the first…

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