NetworkNewsBreaks

TuesdayFeb 13, 2018 9:19 am

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) Achieves Record-Breaking Revenues in January

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning announced its revenues for January 2018, which marked the company’s highest monthly sales results thus far. Per the release, Diamond CBD recorded revenues of $2.19 million for the first month of 2018, marking a month-over-month increase of roughly 50 percent as compared to December’s total of $1.46 million. “We have moved into 2018 with continuing growth in our sales results which has heightened our expectations for the year,” Richard Goulding, MD, CEO of PotNetwork, stated in the news release. “In 2017 we experienced steady growth and with…

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MondayFeb 12, 2018 2:03 pm

NetworkNewsBreaks – Monaker Group, Inc. (MKGID) Completes Reverse Stock Split in Preparation for Proposed Nasdaq Uplisting

Travel and technology company Monaker Group, Inc. (OTCQB: MKGID) this morning announced that its board of directors has approved a 1-for-2.5 reverse split of the company’s issued and outstanding common stock. With the successful implementation of the split taking place prior to market opening on Monday, the company is expected to meet the final requirements for listing on the Nasdaq Capital Market within the coming weeks. “We believe that listing on NASDAQ should help broaden our shareholder base, increase appeal to institutional investors, provide shareholders with better liquidity and, as a result, could ultimately contribute to increasing shareholder value,” Bill…

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MondayFeb 12, 2018 1:24 pm

NetworkNewsBreaks – AzurRx BioPharma, Inc. (NASDAQ: AZRX) Adds Three New Patients to Phase IIA Study of MS1819-SD

AzurRx BioPharma, Inc. (NASDAQ: AZRX), a company specializing in the development of non-systemic, recombinant therapies for gastrointestinal diseases, this morning announced that, in partnership with French pharmaceutical firm Mayoly Spindler, it has enrolled three new patients to its phase IIA study of MS1819-SD for patients with exocrine pancreatic insufficiency caused by chronic pancreatitis. With these additions, the total number of patients enrolled in the trial is nine, and, with an enrollment target of 12-15 patients, AzurRx expects to complete enrollment in the first half of 2018. “We are very pleased that our existing clinical sites have recruited these new patients,”…

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MondayFeb 12, 2018 10:21 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Announces Refinement of Lithium Extraction Process

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that the adsorption rate of its lithium extraction nanofiltration process has been increased from 20mg/g (milligram of lithium per gram of adsorption reagent) to an optimized rate of 40mg/g. Per the update, this reflects a significant cost-cutting breakthrough, as reagents account for the single largest cost in the company’s lithium extraction process. In addition to reducing reagent use and the direct cost of lithium chloride recovery from brine, reagent depletion in the lithium nanofilter has now been reduced to less than one percent…

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MondayFeb 12, 2018 9:51 am

NetworkNewsBreaks – Pivot Pharmaceuticals Inc. (PVOTF) Issues Corporate Update

Vancouver-based biopharmaceutical company Pivot Pharmaceuticals Inc. (OTCQB: PVOTF) this morning issued a corporate update detailing its recent activity. Per the release, the company has had a “very active” start to the current calendar year, with its management team working to build a “differentiated” company in the cannabis sector by focusing on improving the cannabis consumer experience with scientifically-derived products. Pivot’s notable corporate highlights include its proposed acquisitions of ERS Holdings, LLC and Thrudermic, LLC; its ongoing product development efforts; its growing IP portfolio; its termination of a previously announced standstill agreement; out-licensing of its IP; and its engagement of an…

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MondayFeb 12, 2018 9:18 am

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) Releases Unaudited Financial Statements for FY2017

PotNetwork Holding, Inc. (OTC: POTN) this morning announced the release of its unaudited financial statements for fiscal year 2017. Owing to the rapid growth of its wholly-owned Diamond CBD, Inc. subsidiary, PotNetwork achieved revenues of $14.5 million in calendar 2017. Per the update, this trend of strong sales has continued into 2018, and the company intends to report its January sales figures by mid-February. PotNetwork also provided an update regarding its ongoing PCAOB audit in this morning’s news release. Due to factors beyond the company’s control, the audit has taken longer than originally projected. In an effort to combat these…

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FridayFeb 09, 2018 1:50 pm

NetworkNewsBreaks – Skinvisible, Inc. (SKVI) Takes Aim at PTSD-related Suicides through Quoin Partnership

Skinvisible, Inc. (OTCQB: SKVI) is working toward developing a transdermal treatment for post-traumatic stress disorder through its patented Invisicare® technology that could address the devastating number of veteran suicides that occur throughout the country. The company’s proposed merger with Quoin Pharmaceuticals would direct Skinvisible’s drug delivery capacity to boost the bioavailability of Quoin’s promising pharmaceuticals. An article discussing this reads: “Skinvisible, through its wholly owned subsidiary Skinvisible Pharmaceuticals, Inc., has already developed, licensed and sold multiple dermatology and health care products, as well as various medical treatments, using its patented Invisicare® technology. … Quoin’s two lead products are targeting crises…

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FridayFeb 09, 2018 1:22 pm

NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Exploring Lithium Extraction Potential of Arkansas Brine Fields

Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) is exploring the potential of extracting battery-grade lithium for the modern tech fuel market from brine fields in the large production-ready Smackover Formation that stretches across Southern Arkansas and neighboring states. The demand for lithium is expected to skyrocket over the next eight years, particularly in conjunction with growing demand for electric vehicles. An article discussing this reads: “Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) actively seeks to reduce political, permitting and technology risks, all while positioning itself as a leader in the production of lithium. The company works…

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FridayFeb 09, 2018 12:50 pm

NetworkNewsBreaks – Pivot Pharmaceuticals Inc. (PVOTF) Working on Delivery of Smokeless Cannabinoid Options

Pivot Pharmaceuticals Inc. (OTCQB: PVOTF) is focused on providing the health care marketplace with nutraceutical and pharmaceutical options for treating certain unmet needs. That extends to the medical cannabis industry, where the lack of a robust smokeless delivery system has troubled cannabinoid producers. An article discussing this reads: "Transdermal delivery provides the benefit of enabling patients to access a steady stream of medication over a prolonged period with fewer side effects. Pivot Pharmaceutical’s newly created subsidiary, Pivot Green Stream Health Solutions Inc. (“Pivot Green Stream”), will focus on improving the bioavailability of cannabinoid-based and pharmaceuticals. BiPhasix™ has been tested in…

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FridayFeb 09, 2018 11:47 am

NetworkNewsBreaks – PotNetwork Holding Inc. (POTN) Sales Drive Optimistic Share Price Target

PotNetwork Holding Inc. (OTC: POTN) has reported favorable monthly sales data and a strong quarterly filing in its drive to produce high-grade CBD for use in oils, tinctures, edibles and vape liquids. This performance is, in turn, generating forecasts for a heightened share price. The holding company for a number of subsidiaries in the hemp-extract medical cannabis industry, PotNetwork has been named 'One of Five Notable CBD Revolution Industry Leaders' by media outlet The Huffington Post. An article discussing this reads: "A recent comprehensive report by SeeThruEquity highlighting PotNetwork Holding Inc. (OTC: POTN) and its subsidiary, Diamond CBD, projected a…

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