NetworkNewsBreaks

TuesdayJun 26, 2018 9:29 am

NetworkNewsBreaks – United American Corp. (UAMA) Enters Agreement for Major Expansion of Blockchain Mining Operations

Florida-based development and management company United American Corp. (“UnitedCorp”) (OTC: UAMA) this morning announced that its wholly owned subsidiary, Blockchain Data Centers Inc. (“BDC”), has entered into an expansion of its existing hosting service agreement with a Vancouver-based technology firm. Per the terms of the agreement, BDC will increase hosting of the client’s blockchain mining rigs from 1,000 to a total of 4,000. The company has already commenced construction to increase the capacity of its BlockchainDome Heat Station, and the first additional mining rigs are expected to be online in August. “We are very pleased with the now proven performance and efficiency of our…

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TuesdayJun 26, 2018 9:28 am

NetworkNewsBreaks – DeepMarkit Corp. (TSX-V: MKT) (OTCQB: MKTDF) Issues Business Development Update

DeepMarkit Corp. (TSX-V: MKT) (OTCQB: MKTDF) this morning issued an update regarding the company’s business development. Per the update, the company has achieved an average of 61% month-over-month growth in its merchant base since the March launch of its slide-out app Gamify for e-commerce websites. In response to the positive feedback, the company has developed many new features, including customization of all text fields providing multi-language capability and meeting GDPR (data protection) compliance to help confirm that customers in the EU can meet privacy requirements when collecting data and emails from consumers. In addition, the company is developing a gamified…

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MondayJun 25, 2018 2:46 pm

NetworkNewsBreaks – Processa Pharmaceuticals, Inc.’s (PCSA) PCS499 Receives Orphan Drug Designation from FDA to Treat Necrobiosis Lipoidica

Processa Pharmaceuticals (OTC: PCSA) recently announced that the U.S. Food and Drug Administration (“FDA”) has granted Orphan Drug Designation to its leading clinical compound, PCS499, to treat Necrobiosis Lipoidica (“NL”). Presently, there is no FDA approved treatment for NL and no known biotech or pharma companies are currently developing a drug for NL. "We are very pleased that PCS499 has received Orphan Drug Designation from FDA for the treatment of NL. NL can have a major impact on the quality of life of patients and PCS499 will be the first treatment targeted to this condition. We plan to begin our…

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MondayJun 25, 2018 2:42 pm

NetworkNewsBreaks – Sharing Services, Inc. (SHRV) Elevacity Division Drives Record Sales

Texas-based Sharing Services, Inc. (OTC: SHRV) is a diversified holding company that owns, operates or controls a variety of companies engaged in direct selling through independent sales representatives. An article discussing the company’s recent activities reads: “Sharing Services, Inc. (OTC: SHRV) has reported that the debut of its Elevacity health-and-wellness division helped drive its $2.4 million record in gross sales for March, doubling its total sales in February (http://nnw.fm/PvGn7). The World Federation of Direct Selling Associations (WFDSA) reports in its latest statistics that wellness was the single largest global and U.S. direct selling category in 2016, with a 35 percent…

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MondayJun 25, 2018 12:21 pm

NetworkNewsBreaks – BLOCKStrain Technology Corp. (TSX.V: DNAX) Advances Company Know-how with New Advisory Board Member

BLOCKStrain Technology (TSX.V: DNAX) recently announced that it has added Derek Pedro to its advisory board, furthering the company’s expertise as it develops its software platform for licensed producers and industry stakeholders. An article discussing the company reads: “BLOCKStrain Technology Corp. (TSX.V: DNAX) has named Derek Pedro, an industry veteran of the legalized cannabis industry in Canada, to its advisory board. For joining the advisory board, Pedro will receive 500,000 stock options.  A master grower, Pedro is particularly interested in protection of the IP of cannabis producers, as well as governmental tracking of cannabis shipments worldwide. These are issues that…

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MondayJun 25, 2018 12:13 pm

NetworkNewsBreaks – FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRA: TQ42) Takes Aim at Sports Betting Market

FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRANKFURT: TQ42) has developed an outlet for competitive sports fans through its mobile application, and aims to develop its own trademark wagering app as well. An article discussing the company reads: “A new era of sports fan marketing opened when the U.S. Supreme Court issued a ruling on May 14 that found decades-old laws prohibiting gambling on athletics to be unconstitutional, and FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRANKFURT: TQ42) sees the decision as an opportunity to drive for the end zone with development of its own trademark wagering app…

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MondayJun 25, 2018 11:07 am

NetworkNewsBreaks – Zenergy Brands, Inc. (ZNGY) Delivers Robust Energy Conservation Solutions

Zenergy Brands (OTC: ZNGY) is a next-generation energy and technology company operating in the emerging smart energy, conservation, and utility industries. An article discussing the company reads: “To the casual observer, Zenergy Brands, Inc. (OTC: ZNGY) may look like just another utility company; however, there is more to this Texan outfit than meets the eye. The company appears to be singlehandedly creating an entirely new industry built on the convergence of the young and the old—a sector that melds fast developing internet trends such as smart controls with energy consumption and conservation. Traditional energy companies employ traditional energy conservation methods.…

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MondayJun 25, 2018 11:00 am

NetworkNewsBreaks – QMC Quantum Minerals Corp. (TSX.V: QMC) (OTC: QMCQF) (FSE: 3LQ) Explores for Lithium at Cat Lake as Demand Continues to Rise

QMC Quantum Minerals (TSX.V: QMC) (OTC: QMCQF) (FSE: 3LQ) is preparing to take on growing lithium demand as other Western producers struggle to stay in the lithium-ion battery game dominated by Asian producers. An article further discussing the company reads: “The company is exploring for lithium at Cat Lake, where its property hosts several rare-element granitic pegmatite occurrences, including the Irgon Dike. The Irgon Lithium Mine Project, located immediately north of Cat Lake, Manitoba, is also home to several other pegmatite dikes rich in lithium (Li), with accompanying cesium (Cs), tantalum (Ta) and beryllium mineralization. The former owner of the…

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MondayJun 25, 2018 10:05 am

NetworkNewsBreaks – GTX Corp (GTXO) Launches Strategic Plan to Up-List to the OTCQB Venture Exchange

GTX Corp (OTC: GTXO) this morning announced that it has filed for a reverse split in accordance with its strategic plan to up-list to the OTCQB Venture Exchange and to gain a more attractive share price. The company is currently in final preparations to enact a reverse stock split that will bring the company’s share price above $0.10, making GTXO qualified to up-list from the OTC Pink Marketplace to the OTCQB. The company held a special meeting of its board of directors on June 14, 2018, at which an affirmative vote approved the amendment to the company’s restated certificate of…

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MondayJun 25, 2018 9:26 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Secures $6.9M through Private Placements

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) today announced that it has entered into private placement agreements with Israeli investors, including two prominent Israeli institutional investors, Meitav Dash Group and Psagot Investment House. Per the agreements, Meitav Dash Group will invest approximately $4.1 million, Psagot Investment House will invest approximately $1.4 million, and additional investors will invest a total of roughly $1.4 million, bringing the total of the private placements to $6.9 million. Foresight will issue 21,963,411 ordinary shares to the investors, at a price per share of approximately $0.56 per ordinary share, or $2.81 per ADS, subject to customary…

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