NetworkNewsBreaks

WednesdayApr 18, 2018 1:30 pm

NetworkNewsBreaks – AzurRx BioPharma Inc. (NASDAQ: AZRX) Releases Positive AZX1103 Preclinical Results

AzurRx BioPharma Inc. (NASDAQ: AZRX) today released positive results for preclinical testing of its AZX1103 product, a b-lactamase enzyme combination treatment designed to prevent hospital-acquired gastro-intestinal infections for patients receiving antibiotics in the hospital setting. As stated in the press release, “The series of preclinical studies investigated oral delivery of AZ1103 using three different capsule formulations: immediate-release, enteric-delivery or colonic-delivery. In all three formulations and at all doses tested, AZ1103 appeared to be well tolerated.  No side effects were observed and the animals showed normal behavior, standard food consumption and body weight gain. There was no evidence of acute toxicity,…

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WednesdayApr 18, 2018 11:05 am

NetworkNewsBreaks – Sharing Services, Inc. (SHRV) Offers Entrepreneurs a Path to Success

Diversified holding company Sharing Services (OTC: SHRV) owns, operates or controls interest in a broad range of companies that specialize in direct selling. An article discussing the company reads: “Sharing Services’ complementary companies either sell products to the consumer directly through independent representatives or offer services that range from travel benefits to health and wellness, energy, technology, insurance services, training and media. … Sharing Services is nurturing a growing international network of home-based entrepreneurs, called ‘Elepreneurs’, that share the company’s collective products and services. The company’s first convention in Dallas attracted participants from the U.S., Canada, Mexico, Singapore and Hong…

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WednesdayApr 18, 2018 10:08 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Provides Update on US Cobalt Transaction

Cobalt exploration and development companies First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) and US Cobalt Inc. (TSX.V: USCO) (OTCQB: USCFF) this morning announced that US Cobalt has mailed its management information circular, relating voting materials and letters of transmittal to its shareholders in connection with the special meeting of US Cobalt security holders scheduled to take place on May 17, 2018. At the meeting, US Cobalt security holders will be asked to approve the previously announced plan of arrangement transaction pursuant to which First Cobalt will acquire all of the issued and outstanding shares of US Cobalt, with US Cobalt…

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WednesdayApr 18, 2018 9:41 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Enters LOI to Acquire Phoenician Engineering

Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced its entry into a letter of intent to wholly acquire Phoenix-based Phoenician Engineering, a provider of both consumer and commercial grade equipment. Phoenician’s main products include medical grade grinders for consumers, which are currently available in dispensaries throughout America. Per the update, Phoenician currently has nine issued patents, three trademarks and additional patents pending, offering an opportunity for SinglePoint to expand its IP portfolio and add to its growing asset class. “We are ready to close this deal,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “We have…

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WednesdayApr 18, 2018 9:19 am

NetworkNewsBreaks – Marijuana Company of America, Inc. (MCOA) Joint Venture Completes First Phase of Greenhouse Construction

Innovative hemp and cannabis corporation Marijuana Company of America, Inc. (OTC: MCOA) this morning announced that its joint venture project, BV-MCOA Management, LLC, has completed the construction of three greenhouses totaling 7,000 square feet. Per the update, this milestone represents the completion of more than 23 percent of the total 30,000-square-foot cultivation facility. “We are pleased to see the completion of the first phase of the greenhouse facilities,” Donald Steinberg, CEO of MCOA, stated in the news release. “Once the security system is in place, we are confident the site will pass final inspection allowing our tenant-growers to occupy the…

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TuesdayApr 17, 2018 12:54 pm

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Featured in Research Report by JGR Capital

Independent equity research firm JGR Capital this morning announced that it has initiated coverage on Net Element, Inc. (NASDAQ: NETE), a global financial technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment spanning across point-of-sale, e-commerce and mobile devices. Key highlights from the report include the 28 percent year-over-year growth of Net Element’s North American Transactions Segment, which is largely attributable to its successes with the Unified Payments brand; the company’s recent launch of Netevia, a proprietary multi-channel payments platform; its membership in the Enterprise Ethereum Alliance, noted as the world’s largest open-source blockchain initiative;…

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TuesdayApr 17, 2018 12:14 pm

NetworkNewsBreaks – Hammer Fiber Optic Holdings Corp. (HMMR) Subsidiary Changes Name, Launches New Website and Branding

Hammer Fiber Optic Investments Ltd., a wholly owned subsidiary of Hammer Fiber Optic Holdings (OTCQB: HMMR), this morning announced that it will be changing its DBA name from Hammer Fiber to Hammer Communications. The company also announced a new visual brand, internal organization and website (www.HammerComm.com). Hammer Fiber will remain as a business unit of Hammer Communications and will be responsible for managing and offering carrier and wholesale services across the company’s network. Hammer Sphere is an upcoming business unit which will be responsible for the company’s hosting and cloud services platform. "This move will help us to better communicate…

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TuesdayApr 17, 2018 11:10 am

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Reports Positive Topline Results from DehydraTECH™ Absorption Study

Drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) this morning announced positive topline results following the completion of its first ingestible nicotine in vivo absorption study. The company is pursuing the use of its patented DehydraTECH™ technology as a new nicotine delivery method. The delivery method, in the form of an edible dose absorbed through the gastrointestinal tract, could potentially serve as a nicotine replacement therapy or as an alternative product format for regular tobacco users. Among other highlights, DehydraTECH™ demonstrated major nicotine absorption performance improvements including 1,160% faster delivery of equivalent peak quantities of nicotine to…

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TuesdayApr 17, 2018 10:33 am

NetworkNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Secures Cannabis Retail Opportunities Throughout Western Canada

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has progressed the build-out of its cannabis retail store network. The company has applied to the Saskatchewan Liquor and Gaming Authority ("SLGA") for cannabis retail permits in 32 Zones across the province. The SLGA is expected to award the permits via lottery by June, 2018. In addition, Choom™ has secured nine retail locations with applications submitted in Alberta and has secured seven retail locations in British Columbia, all of which are subject to necessary governmental approvals being granted. "We have now established a…

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TuesdayApr 17, 2018 10:24 am

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

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, will be attending the Bayked Event in San Diego on April 20, 2018. Per the update, the event will host all of the major cannabis brands in San Diego and will provide an opportunity for MTRAC to continue expanding its network of cannabis companies. “Establishing a meaningful presence in the city that many of us here on the MoneyTrac team call home is something we believe is important,” Aaron Adler, founder of…

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