NetworkNewsBreaks

TuesdayJan 30, 2018 9:51 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Announces Development of Next Generation Energy Storage System

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF), through wholly-owned subsidiary ZincNyx Energy Solutions, Inc., this morning announced its commencement of the development of a scaled-up 20kW mass storage system for use in utility-scale battery storage. Per the update, the 20kW/160kWh modules represent a 4x increase in both energy and power as compared to ZincNyx’s current 5kW systems, all while boasting benefits such as lower costs, higher energy density and the ability to serve broader market segments. With the expanded range of the next generation system, ZincNyx is effectively addressing the need for long…

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MondayJan 29, 2018 3:40 pm

NetworkNewsBreaks – West Corporation to Acquire Nasdaq’s Public Relations Solutions and Digital Media Services Divisions

Technology-enabled communication services company West Corporation (“West”) this morning announced its entry into a definitive agreement with Nasdaq, Inc. (NASDAQ: NDAQ) by which West has agreed to acquire the public relations and webcasting and webhosting products and services within Nasdaq’s Corporate Solutions business. Per the update, the acquisition is valued at approximately $335 million, subject to necessary adjustments. “West is a leader in technology-enabled communication services and is focused on growth and expanding the depth and breadth of its enterprise communications client relationships,” John Shlonsky, CEO of West, stated in the news release. “This acquisition will complement and broaden our…

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MondayJan 29, 2018 11:46 am

NetworkNewsBreaks – IEG Holdings Corp. (IEGH) Intends to Create Cryptocurrency Backed by Gold Metal

Consumer loan provider IEG Holdings (OTCQB: IEGH) is exploring the possibility of creating a cryptocurrency to be backed by gold metal and registered with the SEC as a security. A recent article discussing the company reads: “Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH), through wholly owned subsidiary Investment Evolution Crypto, LLC. (“Crypto”), recently announced its intention to create its own gold metal-backed cryptocurrency that could potentially be utilized when offering loans and accepting loan repayments. While Crypto is in the development planning stages and exploring the opportunities presented by crypto/blockchain technologies, the company is already negotiating to purchase a…

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MondayJan 29, 2018 11:38 am

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Sees Potential to Lower Medication Doses Using Advanced Drug Delivery

Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP) has developed DehydraTECH™, a drug delivery platform that can be applied to various ingestible products such as foods, beverages, oral suspensions, tablets, capsules and more. An article discussing the company’s innovative drug delivery technology reads: “Lexaria’s DehydraTECH™ oral digestion technology is a ‘back office’ process that allows non-psychoactive cannabinoids, vitamins, non-steroidal anti-inflammatory drugs (“NSAIDs”) and nicotine to be absorbed at much higher rates. The company has been working with the National Research Council of Canada (“NRC”), an agency of the Canadian federal government, to explore the effects of its technology. Lexaria’s superior delivery system…

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MondayJan 29, 2018 11:03 am

NetworkNewsBreaks – Stemline Therapeutics, Inc. (NASDAQ: STML) Successfully Closes Public Offering Totaling $59.6M

Stemline Therapeutics (NASDAQ: STML) recently announced the closing of an underwritten public offering of 4,255,000 shares of its common stock, which includes the sale of an additional 555,000 shares of common stock pursuant to the full exercise of the over-allotment option granted to the underwriters. The shares were sold at a price of $14.00 per share, bringing the company’s total gross proceeds to $59,570,000 before deducting underwriting discounts, commissions and other offering expenses. Stemline intends to use the net proceeds from this offering for clinical development, regulatory, manufacturing and potentially commercial activities regarding its clinical candidates as well as other…

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MondayJan 29, 2018 9:45 am

NetworkNewsBreaks – EVIO, Inc. (EVIO) Appoints New Vice President of Operations

EVIO, Inc. (OTCQB: EVIO), a life sciences company and leading provider of quality control testing and advisory services to the regulated cannabis industry, this morning announced its appointment of Ron Russak as its new vice president of operations. Per the update, Russak joins EVIO from a 17-year career at Quest Diagnostics where, as regional director, he had operational responsibility for 529 patient service centers and 228 inter-office phlebotomy sites throughout the western United States. “After an exhaustive search, we knew immediately that Ron was the right fit for EVIO,” Lori Glauser, co-founder and COO of EVIO, stated in the news…

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MondayJan 29, 2018 9:15 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Enters JV Agreement with Integrated Compliance Solutions, LLC

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced the completion of a joint venture partnership agreement with Integrated Compliance Solutions, LLC (“ICS”), a premier ‘Seed to Bank™’ provider of financial and regulatory compliance services and solutions for the retail cannabis industry. Per the update, MTRAC views the establishment of this JV partnership as a critical opportunity to fortify the compliance aspects of the banking solutions that are currently being co-developed by MTRAC and its strategic partners. “The importance of compliance in an industry that is so heavily regulated like retail…

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FridayJan 26, 2018 2:41 pm

NetworkNewsBreaks – Marijuana Company of America, Inc. (MCOA) Seasoned Leadership Results in Strong Market Presence

With a portfolio of operating subsidiaries, partnerships and joint ventures, Marijuana Company of America (OTC: MCOA) has established a strong presence in the industrial hemp CBD market. MCOA’s experienced leaders have strategically positioned the company in a flourishing market space. An article discussing the company’s strong market stance reads: “The company’s business model, and upper management’s experience, distinguishes MCOA from others in the sector. Donald Steinberg, MCOA’s CEO, is a cannabis industry pioneer. Along with MCOA director Charles Larsen, they founded the first marijuana company trading on a U.S. stock market, Medical Marijuana Inc. Together, their first-hand knowledge of the…

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FridayJan 26, 2018 2:31 pm

NetworkNewsBreaks – DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF) Aims to Multiply Production Capabilities in 2018

Premium cannabis lifestyle brand DOJA Cannabis Company (CSE: DOJA) (OTC: DJACF) is a licensed marijuana producer under Canada’s Access to Cannabis for Medical Purposes Regulations (“ACMPR”). The company recently expanded its production capacity through the acquisition of a new warehouse. A recent article discussing the company reads: “As a licensed cannabis producer under the ACMPR through its wholly-owned subsidiary Northern Lights Marijuana Company, DOJA currently operates a 7,100-square-foot production facility that is licensed by Health Canada. The company recently acquired second facility is a 22,580-square-foot warehouse where its FUTURE LAB will be housed. The FUTURE LAB will be a state-of-the-art…

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FridayJan 26, 2018 2:23 pm

NetworkNewsBreaks – Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRA: 6F6) (WKN: A2AKL8) Poised to Profit from Growing Interest in Blockchain Technology

Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8), a venture builder, funds and empowers entrepreneurs engaged in revolutionizing the business world through blockchain technology. An article discussing the company reads: “Investor interest in blockchain technology continues to rise, as additional applications have now arisen. Various industries have begun researching ways to implement blockchain technology including: finance, cyber security, supply chain management, voting, government, and healthcare. Many major companies have recently seen their stock shares soar, as the news broke about the addition of blockchain technology to their business models, thus indicating a major trend among investors.…

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