NetworkNewsBreaks

WednesdayMay 09, 2018 8:30 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Agrees to Merge Eye-Net™ Activities with Tamda Ltd.

Automotive industry innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced that it has signed a merger agreement with Tamda Ltd. (TASE: TMDA) and its controlling shareholder, Ipax Issues Ltd. Per the terms of the agreement, Foresight intends to spin off its activities related to the development of its Eye-Net™ accident prevention system into its wholly owned subsidiary before merging that subsidiary into Tamda. Upon closing of the transaction, Foresight will transfer 100 percent of the share capital of its subsidiary to Tamda in return for approximately 74.49 percent of Tamda’s share capital as of the closing…

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TuesdayMay 08, 2018 4:18 pm

NetworkNewsBreaks – Maxtech Ventures Inc. (CSE: MVT) (OTC: MTEHF) (FRA: M1N) Subsidiary Files for Exploration Licenses in Zambia

Maxtech Ventures Inc. (CSE: MVT) (OTC: MTEHF) (FRANKFURT: M1N), through its Maxtech Mining Zambia Limited subsidiary, this morning announced its filing for two large-scale exploration licenses in the Central Province of Zambia. Per the update, the two specific license areas related to this filing have shown the potential for high-grade mineralization, with grades of up to 70 percent manganese. The exploration licenses have detailed exploration and production outlines extending to four years and covering cobalt, vanadium, nickel and copper mining rights on the specified areas. “Zambia is a world class mining jurisdiction,” Peter Wilson, CEO of Maxtech, stated in the…

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TuesdayMay 08, 2018 2:43 pm

NetworkNewsBreaks – AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) Embraces Rapidly Evolving AI Industry

Toronto, Canada-based artificial intelligence (“AI”) company AnalytixInsight (TSX.V: ALY) (OTCQB: ATIXF) is creating additional revenue by licensing its innovative technology. An article discussing the company reads: “Key to the company’s sustained financial growth is the announcement that ATIXF has a contracted order backlog of $4.5 million in 2018. The company is applying its AI to two primary industries, and it generates revenue from licensing. … In a news release, Prakash Hariharan, president and CEO of ATIXF, said, “We believe the company is very well positioned to benefit from the rapidly evolving industry movements to embrace artificial intelligence and machine-learning solutions…

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TuesdayMay 08, 2018 2:31 pm

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Leverages Proprietary Technology to Implement Environmentally Safe Procedures

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is engaged in the development and implementation of proprietary technologies for the environmentally safe extraction of heavy oils. An article discussing the company reads: “The company’s extraction process uses no water, high temperatures or high pressures and produces no greenhouse gases. Up to 99 percent of all bitumen, heavy oil and lighter hydrocarbons are extracted, and up to 99 percent of the benign extraction solvents are recycled so that they can be sold or returned to the extraction point, according to the company (http://nnw.fm/Ykn4l). Even before the patents were granted, Petroteq had tested…

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TuesdayMay 08, 2018 11:04 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Announces MoneyTrac Technology’s Planned Attendance at MJBizConNEXT

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that MoneyTrac Technology, Inc. (“MTRAC”), a company in which GOHE currently holds an 18 percent ownership stake, said that key MTRAC sales and marketing team members will present at the MJBizConNEXT conference taking place in New Orleans on May 9-11, 2018. Anticipated attendees of the event include business executives, cultivators, extractors, and technology leaders in the cannabis industry. MoneyTrac intends to leverage its attendance at the event to further awareness of its MTRAC payment platform, one of the first fully compliant solutions to successfully remove cash from cannabis transactions.…

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TuesdayMay 08, 2018 9:36 am

NetworkNewsBreaks – Virtual Crypto Technologies Inc. (VRCP) Launches New Cryptocurrency Transaction Confirmation Solution

Virtual Crypto Technologies (OTCQB: VRCP), a technology company devoted to making cryptocurrencies accessible to the public, this morning announced the launch of Bit4Sure, a proprietary cryptocurrency transaction confirmation solution via an Application Programming Interface (“API”) for business as well as a mobile application for consumers that delivers zero confirmation transaction services. The user-friendly app is available for download at Google Play and the Apple Store. Typically, cryptocurrency transactions take at least 10 minutes for the blockchain to confirm that the transaction is valid, making cryptocurrency impractical for most daily commerce interactions. Virtual Crypto has developed the Bit4Sure API solution to…

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TuesdayMay 08, 2018 9:17 am

NetworkNewsBreaks – Hammer Fiber Optics Holdings Corp. (HMMR) Enters LOI to Acquire 1stPoint Communications LLC and its Subsidiaries

Hammer Fiber Optics Holdings Corp. (OTCQB: HMMR), a telecommunications company investing in the future of wireless technology, this morning announced its entry into a letter of intent to acquire the stock of 1stPoint Communications, LLC and its subsidiaries, including Open Data Centers, LLC and Endstream Communications, LLC. Per the update, 1stPoint is a competitive local exchange carrier operating nationwide with intellectual property in services such as SMS/texting, collaboration tools and carrier switching. Endsteam Communications offers wholesale voice services, while Open Data Centers operates a carrier-neutral facility in Piscataway, New Jersey, and will provide the brick-and-mortar capacity to further Hammer’s growth.…

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MondayMay 07, 2018 2:30 pm

NetworkNewsBreaks – Marijuana Company of America, Inc. (MCOA) Subsidiary Offers Supplements Derived from Premium Industrial Hemp

Marijuana Company of America (OTC: MCOA), through its hempSMART™ subsidiary, is dedicated to the scientific development of hemp-derived CBD-based nutritional products. An article discussing the company reads: “MCOA’s stance on ensuring that its hempSMART™ range of non-psychoactive supplements is derived from the finest industrial hemp containing proprietary formulations centered on CBD (cannabidiol) remains firm. hempSMART’s new take on wellness products include formulations for brain health, full spectrum bioavailable CBD drops and pain capsules and cream with a blend of premium CBD and botanical supplements. Newly launched products include Pain Cream and full-spectrum hempSMART™ Pet Drops for dogs and cats.” To…

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MondayMay 07, 2018 2:25 pm

NetworkNewsBreaks – Zenergy Brands, Inc. (ZNGY) Advances Zenergy Associate Program to Drive Product Sales

Zenergy Brands (OTCQB: ZNGY) recently unveiled a new associate program which was created to support sales of the company’s full suite of products and services. An article discussing the program reads: “Zenergy Brands’ dedication to delivering comprehensive smart energy service to its customers is being augmented with a new business development initiative called the Zenergy Associate Program. Operating under the umbrella of Zenergy’s new marketing and business development subsidiary, Zenergy & Associates, Inc. (Z&A), this associate program will certify qualified individuals to build a portfolio of income by working individually or as an organized team to originate new customers, projects…

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MondayMay 07, 2018 10:37 am

NetworkNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Inks NDA with Global Drug Delivery Device Manufacturer

Health sciences company PreveCeutical Medical (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced that it has signed a non-disclosure agreement ("NDA") with an internationally known drug delivery device manufacturer. The NDA permits PreveCeutical to have discussions with the manufacturer regarding the supply of spray devices for use in the company's soluble gel ("Sol‑gel") drug delivery research program. The company’s research partner, the University of Queensland, has received various prototype spray devices from the manufacturer at the Pharmacy Australia Centre of Excellence, where testing of the devices for the program is taking place. "We are pleased to have signed an…

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