NetworkNewsBreaks

WednesdayJan 02, 2019 1:31 pm

NetworkNewsBreaks – Nurish.Me, LLC and Altavoz Entertainment, Inc. Announce Company Merger

Nurish.Me LLC and Altavoz Entertainment, Inc. today announced the closing of the merger of the two companies. According to the update, Nurish.Me has become a wholly owned subsidiary of Altavoz and, under the agreement, Nurish.Me interest holders received preferred Altavoz shares that are subject to a lock-up agreement preventing their sale or distribution for 24 months. Altavoz’s current business, including its debt, has been spun out to become a private company owned by Nelson Jacobsen. This significantly improves the new combined company’s balance sheet and capitalization table, enabling it to work toward becoming a fully reporting, reorganized and up-listed company.…

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WednesdayJan 02, 2019 12:58 pm

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Launches Multi-Channel Application Enabling Cryptocurrency Payment Features Across Multiple Touch Points

Global technology and value-added solutions group Net Element (NASDAQ: NETE) this morning announced the launch of its multi-channel blockchain-powered payments application across multiple touch points, including face-to-face through smart payment terminals, and via electronic commerce and API. The payment acceptance application is fully-compliant, secure, and forms part of Netevia, a recently launched feature-ready multi-channel payments platform, which, through a single integration point, connects and simplifies payments and increases efficiency of transactions. “Over the past few years blockchain technology has revolutionized the world of payments thanks to its decentralization, cost-effectiveness and convenience,” President of Integrated Payments Vlad Sadovskiy stated in the…

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WednesdayJan 02, 2019 12:40 pm

NetworkNewsBreaks – BriaCell Therapeutics Corp. (OTC: BCTXF) (TSX.V: BCT) Completes Novel Frozen Formulation of Bria-IMT; Announces Participation in Two Upcoming Conferences

BriaCell Therapeutics (OTC: BCTXF) (TSX.V: BCT), a biotechnology company developing targeted, safe treatments for cancer, today announced multiple updates including completion of its development of a novel frozen formulation of Bria-IMT, its upcoming attendance at the Biotech Showcase taking place Jan. 7-9, 2019 in San Francisco, and the acceptance of an abstract for presentation of advances in Bria-IMT and BriaDX programs at the 2019 Keystone Symposia scientific conference taking place Jan. 20-24, 2019, in Vancouver, British Columbia. According to the update, the new frozen Bria-IMT formulation will provide for on-demand shipment to clinical sites and accommodate higher volumes of patients…

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WednesdayJan 02, 2019 11:35 am

NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) Issues Update Regarding 7ACRES Construction

Supreme Cannabis Company (TSX.V: FIRE) (OTC: SPRWF) this morning posted an update regarding its wholly-owned subsidiary 7ACRES, reporting that it ended 2018 with 19 completed flowering rooms and is on track for all 25 flowering rooms to be completed in March 2019. Upon completion, 7ACRES’ greenhouse footprint will span roughly 300,000 square feet, with the total facility reaching over 440,000 square feet. 7ACRES is expected to reach its estimated annual output of 50,000 kg by the middle of calendar 2019, at which time the administrative offices and other facilities are also scheduled to be completed. Additionally, the company aims to…

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WednesdayJan 02, 2019 11:20 am

NetworkNewsBreaks – Sunniva Inc. (CSE: SNN) (OTC: SNNVF) Announces Acquisition of LTYR Logistics, LLC

Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) on Monday announced the closing of its 100% acquisition of LTYR Logistics, LLC (“LTYR”), a California-based cannabis distribution company. Per the update, with its proven ability to execute growth and cannabis space distribution capabilities, LYTR will play an instrumental role in driving Sunniva’s leadership position in California as vertically integrated across the entire value chain, from seed to sale, with the launch of its Sunniva branded product line in Q1 of 2019. “We are pleased to have completed this transaction and we are looking forward to 2019 when the full impact…

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WednesdayJan 02, 2019 11:09 am

NetworkNewsBreaks – Earth Science Tech, Inc. (ETST) Reviews Numerous Major Achievements and Positioning for Pivotal 2019

Innovative biotechnology company Earth Science Tech (OTCQB: ETST) on Monday reviewed the company’s achievements from 2018 as well as business plans and initiatives for 2019. Per the update, the company’s accomplishments include strategic expansion of its executive team, achievement of full SEC reporting status, uplisting to the OTCQB Exchange, initiating a DRTV media campaign with Kevin Harrington’s award-winning production company As Seen On TV, achieving a first commercial production run of its Hygee medical device kits, initiating a company partnership with Bionatus, and engaging Canadian Securities Exchange (CSE) counsel expertise to assist with dual listing. “In 2018, we made sufficient…

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WednesdayJan 02, 2019 9:59 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) and MTrac Provide Shareholder Update, Look Back at Accomplishments and Forward to Extraordinary 2019

Global Payout (OTC: GOHE) together with its wholly-owned subsidiary MTrac Tech Corp. on Monday announced an update from Chief Executive Officer Vanessa Luna to provide shareholders clarity on numerous business endeavors and aspirations for the new year. According to the update, continued focus will be placed on generating revenue for MTrac as well as completing several goals for Global Payout, including the filing of Form 10. “As I look ahead to 2019, it is no secret that our primary focus is on continuing to drive revenue and on working to increase our market valuation in a very competitive and challenging…

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WednesdayJan 02, 2019 9:30 am

NetworkNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Subsidiaries Receive Debt Financing to Decrease Defense Sector Order Backlog

Diversified holding company DPW Holdings (NYSE American: DPW) recently announced that two of the company’s subsidiaries secured $700,000 in debt financing, driving its effort to cut the order backlog for the defense sector businesses of Coolisys Technologies, Inc. including its subsidiary, Enertec Systems 2001, Ltd. and Microphase Corporation Inc. The current backlog of these businesses encompasses $17,500,000. $10,500,000 of the backlog is estimated to have a gross profit margin of 28% for fiscal year 2019 and the remaining $7,000,000 has a gross profit margin of roughly 40%. “This funding is strategic as it begins our renewed efforts to reduce the…

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FridayDec 28, 2018 3:24 pm

NetworkNewsBreaks – Pacific Software, Inc. (PFSF) Plans to Facilitate Trade Expansion with B2B Cross-border Platform

Pacific Software (OTC: PFSF) plans to initially employ its Agri-Blockchain B2B e-commerce platform to facilitate trade between Brazil and China. The company also anticipates finding additional application for the platform as China progresses trading relationships in the Southern Hemisphere. A recent article discussing the company reads, “The PFSF platform will be developed using IBM’s Hyperledger Blockchain Backend as a Service (BaaS) infrastructure. The platform is expected to allow Pacific’s Agri-Blockchain technology to record, store and track a variety of digital product information, including farm origination details, batch numbers, factory and processing data, expiration dates, storage temperatures and shipping details. The…

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FridayDec 28, 2018 2:12 pm

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Anticipates Growth as it Works to Reach Full Capacity

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a Cannabis-focused research and development company, believes 2019 will be an excellent year for company growth as it works to reach an output of at least 170,000 kilograms per year. TGODF’s first crop will be delivered in January to select patients. An article discussing the company reads, “The Green Organic Dutchman landed among the list of top growers, because it expects to approach 200,000 kilograms in annual yield during 2020, when at full capacity. A news release issued earlier this month in response to the annual general meeting of the company’s…

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