NetworkNewsBreaks

MondayJan 22, 2018 10:25 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Nearing Launch of Official Audit

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that the official initiation of its formal audit will likely commence in early February, with filing of the company’s Form 10-K expected sometime in March. Per the update, Global Payout’s progress toward this milestone signifies that it has made great strides in developing a strong base from which to build competitive subsidiaries in several key market sectors. “Over the years the core strategy of Global Payout has shifted significantly, from our inception as a prepaid card company to the present goals of incorporating cloud banking features into several key…

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MondayJan 22, 2018 9:54 am

NetworkNewsBreaks – Tapinator, Inc. (TAPM) to Announce First Blockchain Product at ETH Denver Conference

Mobile games developer and publisher Tapinator, Inc. (OTCQB: TAPM) this morning announced that it is sponsoring and will speak on a panel at ETH Denver, a leading blockchain conference taking place on February 17. The panel will focus on the intersection of blockchain and gaming, and Tapinator plans to use the platform to announce its first blockchain product, which is set for release in the second quarter of 2018 by subsidiary Revolution Blockchain. “We are very excited to attend and present at one of the industry's top blockchain conferences,” Ilya Nikolayev, CEO of Tapinator, stated in the news release. “We…

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MondayJan 22, 2018 9:27 am

NetworkNewsBreaks – MGX Minerals Inc.’s (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) JV Partner Completes Initial Drilling on Northeast Dyke at Case Lake

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that its joint venture partner, Power Metals Corp., has completed initial drilling and intersected lithium mineralization on the Northeast Dyke at the Case Lake Property in Ontario. Per the update, the winter 2018 program is currently in its early stages, and the presence of up to 30 percent coarse grained spodumene has been identified in several of the first few holes. With these promising results, Power Metals has increased its current drill program from 2,000 meters to 3,000 meters. The Northeast Dyke is…

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FridayJan 19, 2018 3:22 pm

NetworkNewsBreaks – Petrogress, Inc. (PGAS) Effective Leadership Maintains Viability through Industry Highs and Lows

Marine transport and offshore services company Petrogress (OTC: PGAS) has shaped a diversified revenue stream, giving it a substantial lead over comparable companies working in the oil and gas shipping market. An article discussing the company’s winning strategy reads: “News that the oil and gas industry may be entering an extended recovery period following years characterized by decreased prices, a lack of investor confidence and a number of bankruptcies is only adding to the optimism of survivors like Petrogress, Inc. (OTC: PGAS), which capitalized on sound management practices to report a significant rise in profitability during last year’s third quarter…

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FridayJan 19, 2018 12:33 pm

NetworkNewsBreaks – Medical Cannabis Payment Solutions (REFG) Provides Secure Payment Processing Solution to Cannabis Industry

Medical Cannabis Payment Solutions (OTC: REFG) is on a mission to solve the cannabis industry’s lack of secure payment options. The cannabis-focused financial services company has created an end-to-end payment processing solution to serve both industry retailers and their customers. An article discussing the company reads: “A multi-billion dollar cash business invites headaches and trouble. Tax collection, payroll problems, bill payment, assaults and armed robbery all plague an industry that’s expected to exceed $37 billion in the U.S. by 2024. No other industry of this size suffers through such operational and logistical nightmares. …To solve these complex issues, Medical Cannabis…

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FridayJan 19, 2018 12:24 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Eyes Bright Future Following 2017 Success

Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP) demonstrated several transformative developments in 2017. The company’s Intellectual Property (“IP”) was strengthened, it was awarded broad patents, and it secured finances during the year. Now, Lexaria is concentrating on making 2018 an even more fruitful year. An article discussing the company’s recent progress reads: “The company’s stock has performed well over the last year and, given all the progress, may outperform in 2018. Lexaria up-listed to the larger, more recognized OTCQX market, and the company filed an S4 prospectus to re-domicile the company from the U.S. to Canada in an effort to exploit…

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FridayJan 19, 2018 11:50 am

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Demonstrates Growth in Investor Relations Revenue; Intends to Expand Program Offerings

ChineseInvestors.com, Inc. (OTCQB: CIIX) recently demonstrated a large increase in its investor relations revenue in 1Q2018 and FY2017. The company remains focused on expanding program offerings for branding clients, including companies that trade in public markets such as the OTCQB Venture Market, NASDAQ and NYSE. An article discussing the company reads: “CIIX revenues from investor relations grew in 1Q2018 to $258,366, up 186 percent from the $90,312 it recorded in 1Q2017. In FY2017, CIIX investor relations sales grew to $808,362, 130 percent higher than the $351,615 in FY2016 (http://nnw.fm/53Ge6). The company is expanding its program with such things as branding…

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FridayJan 19, 2018 11:41 am

NetworkNewsBreaks – SingleSeed by SinglePoint, Inc. (SING) Set to Launch Payment Solution App

Specialized holding company SinglePoint, Inc. (OTC: SING) is set to launch its SingleSeed platform in the first quarter of 2018. The subsidiary was designed to provide a payment solution to the cannabis industry, a booming market forecasted to reach more than $63 billion by 2024. An article discussing the company reads: “SinglePoint will proceed with a full launch of its subsidiary, SingleSeed, during the first quarter of 2018 to provide a platform for retailers and consumers in the legal cannabis industry to process cryptocurrency payments. Based on blockchain technology, the SingleSeed platform is a proprietary payment processing app that enables…

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ThursdayJan 18, 2018 3:25 pm

NetworkNewsBreaks – EVIO, Inc. (EVIO) Highlights Financial Results for Year Ended September 30, 2017

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 financial and operating results for the fiscal year ended September 30, 2017. The company’s revenue for the 12-month period was roughly $3 million, marking a year-over-year increase of 438 percent. Per the update, the majority of this growth came from increased testing revenue, which was up 782 percent over the previous year. “2017 has been a pivotal year for EVIO, especially as we continued to scale the company to meet the industry's increased…

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ThursdayJan 18, 2018 3:06 pm

NetworkNewsBreaks – SPAR Group, Inc. (NASDAQ: SGRP) Expands Domestic Business through Acquisition

SPAR Group (NASDAQ: SGRP) recently moved to expand its domestic business through the acquisition of a 51% interest in Resource Plus, Inc., a provider of professional fixture installation and product merchandising services; a 51% interest in Mobex of North Florida, Inc., a retail fixture mobilization system manufacturer; and a 51% interest in Leasex, LLC, a company formed to lease Mobex’s proprietary equipment. Resource Plus CEO Richard Justus will continue to run the operations of the newly acquired assets, which will function as a subsidiary of SPAR Group following the close of the acquisition. The news, released last Thursday, sent shares…

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