NetworkNewsBreaks

WednesdayJan 03, 2018 3:11 pm

NetworkNewsBreaks – iClick Interactive Asia Group Ltd. (NASDAQ: ICLK) Underwriters Fully Exercise Over-Allotment Option in IPO

iClick Interactive Asia Group (NASDAQ: ICLK), an independent online marketing technology platform in China, recently announced that the underwriters of the company's initial public offering ("IPO") have exercised their over-allotment option in full. The additional 562,500 American depositary shares ("ADSs") purchased per the underwriters option bring the company’s total shares sold in the offering to 4,312,500 ADSs. Two ADSs are equal to one Class A ordinary share. The shares were sold at a price of $8.00 per ADS, resulting in gross proceeds of $34.5 million for iClick. ROTH Capital Partners acted as sole book-runner for the offering. To view the…

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WednesdayJan 03, 2018 12:48 pm

NetworkNewsBreaks – Grey Cloak Tech, Inc. (GRCK) Launches CBD.co

Grey Cloak Tech, Inc. (OTCQB: GRCK) this morning announced the launch of CBD.co, a cannabinoid marketplace featuring a range of suppliers and products. The company expects CBD.co to become the definitive destination on the web for all things hemp and CBD, as noted by CEO Patrick Stiles in the news release. “The big online advertising companies like Amazon, Google and Facebook mostly refuse to allow CBD products on their platforms. This ultimately hurts consumers who are looking for reliable CBD products from brands they can trust,” Stiles added. “Additionally, countless CBD companies struggle every day to get their products in…

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WednesdayJan 03, 2018 12:22 pm

NetworkNewsBreaks – Marijuana Company of America, Inc. (MCOA) Releases 2017 Year-End Review

Marijuana Company of America, Inc. (OTC: MCOA) this morning announced its 2017 year-end review, providing updates on some of its most significant milestones from last year. These included becoming a fully reporting company by filing a Form 10 with the SEC in May; entering into joint venture partnerships with Bougainville Ventures, Inc. and Global Hemp Group, Inc.; acquiring an equity position in MoneyTrac Technology, Inc. and Convenient Hemp Mart’s ‘BeniHemp’ brand; and expanding its corporate communications capabilities by engaging multifaceted financial news and publishing firm NetworkNewsWire. “I am thankful to the teams at MCOA and hempSMART for their accomplishments and…

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WednesdayJan 03, 2018 12:02 pm

NetworkNewsBreaks – AppSwarm, Inc. (SWRM) CEO Forecasts Rising Revenues

Developer and publisher of mobile gaming applications AppSwarm (OTC: SWRM) has shaped a growing portfolio of mobile game titles, such as ‘Komandir – War Front VR’, a virtual reality shooting game. Through joint ventures, entry into new markets, and marketing partnerships, management hopes to achieve revenues of roughly $7 million by FY2018. Article discussing this reads: “SWRM is a high-technology application acceleration firm which engages in joint ventures as well as marketing and developing in the multi-platform games industry. Interactive development and joint ventures play an important role in the company’s growth strategy. Management of the company projects revenues of…

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WednesdayJan 03, 2018 11:56 am

NetworkNewsBreaks – Petrogress, Inc. (PGAS) Deepens Port Operations in Cyprus through Joint Venture MOU

Diversified marine transport and offshore services company Petrogress (OTC: PGAS) is strengthening its port operations in Cyprus through its subsidiary Petrogress Int’l, LLC. An article discussing this reads: “Through subsidiary Petrogress Int’l, LLC (“PIL”), the company has entered into a Memorandum of Understanding (“MOU”) with EDT Agency Services, Ltd., under which the two companies intend to combine operations at the Port of Limassol. The collaboration also extends to future developments at Vassiliko Energy Port, where the Cyprus Port Authority has announced plans for the construction of a $300 million industrial and energy harbor. The MOU calls for a 50/50 partnership…

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WednesdayJan 03, 2018 11:49 am

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) Highlights Hidden Value of Wide-ranging DehydraTECH™ Patent

Based in Kelowna, British Columbia, Canada, food bioscience company Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP) is a technology disruptor for edible CBD. An article discussing this reads: “Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) CEO Chris Bunka said in an audio interview with the Uptick Newswire Podcast (http://nnw.fm/xrE2r) that the company was not only surprised by how quickly it received its patent for DehydraTECH™; it was also surprised by the broadness of the patent awarded for its utilization in other sectors, which it had expected in 2018 and 2019. The company believes that the new patent has locked up the…

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WednesdayJan 03, 2018 11:11 am

NetworkNewsBreaks – EVIO, Inc. (EVIO) Appoints New President

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 the appointment of Al Lustig as its new president. Reporting directly to EVIO CEO William Waldrop, Lustig’s primary responsibility in this position will be to drive the company’s growth in both new and existing markets by developing and executing national and international sales and operational strategies. “As we embark upon our next stage of rapid growth, Al’s history of recognized success in corporate growth and sales leadership at Pfizer, one of the world’s largest…

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WednesdayJan 03, 2018 10:39 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Appoints New CEO

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced the promotion of Vanessa Luna to the position of chief executive officer, effective January 1, 2018. Luna previously served as MTRAC’s COO for nine months, playing a key role in positioning the company for its anticipated expansion within the booming cannabis industry. “I mentioned in the 2017 year-end review that was distributed last week that MoneyTrac is very much on the verge of significant growth from a revenue perspective,” James Hancock, MTRAC’s chairman of the board, stated in the news release. “This…

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WednesdayJan 03, 2018 10:17 am

NetworkNewsBreaks – Tapinator, Inc. (TAPM) Announces Formation of Blockchain-Focused Subsidiary

Mobile games developer and publisher Tapinator, Inc. (OTCQB: TAPM) this morning announced the formation of a new subsidiary, Revolution Blockchain, LLC, focused on developing and publishing distributed apps and games leveraging blockchain technology. Per the update, Revolution Blockchain’s first product, scheduled for launch in the second quarter of this year, will implement blockchain technology for both payment processing and the storage of virtual assets via non-fungible tokens that live on the blockchain. “We believe that we're at the dawn of a new revolution where the applicability of blockchain technology will expand from currency trading to industry-changing applications and games,” Ilya…

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WednesdayJan 03, 2018 9:42 am

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) Recaps 2017 Successes in Update

PotNetwork Holding, Inc. (OTC: POTN) this morning shared its outlook on what it called a “solid year of record breaking success” in 2017. Per the news release, the company’s management team has established “a solid infrastructure for success” since acquiring First Capital Venture Co. and Diamond CBD. Highlights related to these corporate milestones include strengthening the company’s value and achieving share appreciation from $0.01 in January 2017 to $0.10 in December 2017. PotNetwork also established an esteemed advisory board to aid in the research and development of new products, brought on a distinguished Florida physician as its chief executive officer…

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