NetworkNewsBreaks

ThursdayJan 11, 2018 3:01 pm

NetworkNewsBreaks – ADOMANI, Inc. (NASDAQ: ADOM) Completes Secondary Equity Offering

ADOMANI (NASDAQ: ADOM), a provider of vehicle drivetrain solutions and purpose-built electric vehicles, has successfully closed an S-1 registered public offering of 3,666,667 units at a public offering price of $3.00 per unit. Each unit is comprised of one share of common stock and a warrant to purchase 1.5 shares of common stock at an exercise price of $4.50. In connection with the offering, Boustead Securities, LLC acted as the exclusive placement agent and Roth Capital Partners served as the financial advisor to the company. After subtracting placement agent fees and other estimated offering expenses payable by ADOMANI, the company…

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ThursdayJan 11, 2018 12:26 pm

NetworkNewsBreaks – Tapinator, Inc. (TAPM) Set to Exploit Global Mobile Gaming Market

Mobile games developer and publisher Tapinator, Inc. (OTCQB: TAPM) has positioned itself to take advantage of the hottest, fastest growing sector of the gaming market: mobile gaming. An article discussing the company reads: “Tapinator, Inc. (OTCQB: TAPM) has been developing and publishing mobile games on the iOS, Android and Amazon platforms since 2013, and it has created a portfolio of over 300 mobile gaming titles that, collectively, have been downloaded by more than 450 million players worldwide. With the guidance of a highly skilled and experienced management team, Tapinator is building a large catalog of “Rapid-Launch Games” that have low…

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ThursdayJan 11, 2018 12:19 pm

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Offers Holiday Promotions Recognizing Recreational Legalization in California

Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX) subsidiary ChineseHempOil.com, Inc. is offering bitcoin as part of special holiday hemp oil packages in response to California’s recent legalization of recreational marijuana. An article discussing the company reads: “ChineseInvestors.com (OTCQB: CIIX) has combined its OptHempOil holiday promotions with premium incentives in the form of $50 and $150 in bitcoin. Bitcoin incentives are key to its promotion, offered through January 9, 2018, combining holiday packages with the cryptocurrency. It says the promotion is in recognition of California’s legalization of recreational marijuana in 2018 (http://nnw.fm/H5GJr).” To view the full article, visit http://nnw.fm/IUth7 About ChineseInvestors.com…

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ThursdayJan 11, 2018 11:30 am

NetworkNewsBreaks – Marijuana Company of America, Inc. (MCOA) Subsidiary Announces Launch of hempSMART™ Pain Cream

Marijuana Company of America, Inc. (OTC: MCOA), through wholly owned subsidiary hempSMART™, Inc., this morning announced the launch of hempSMART Pain Cream. Per the update, each bottle of hempSMART Pain Cream is formulated with 300mg of full spectrum non-psychoactive cannabidiol derived from industrial hemp. Utilizing a proprietary blend of Ayurvedic herbs, menthol, cayenne pepper extract, rosemary oil, aloe gel, white willow bark, arnica, wintergreen extract and tea tree oil, hempSMART Pain Cream provides what the company calls an immediate cooling and soothing sensation. “We are excited to announce the expansion of our hempSMART personal care product line to include pain…

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ThursdayJan 11, 2018 10:49 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Outlines Plans for Cannabis-Focused Token Offering

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that, by way of a variety of key strategic partnerships established in recent months, it has effectively positioned itself to move forward with the co-launch of its regulatory compliant token offering. Expected to launch in the first quarter of 2018, the token will be aimed at offering businesses in the booming cannabis industry an effective, decentralized payment system in an effort to combat the market’s longstanding payment restrictions. “MoneyTrac's primary objective has been, and will continue to be, to serve the legitimate…

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ThursdayJan 11, 2018 10:17 am

NetworkNewsBreaks – Medical Cannabis Payment Solutions (REFG) Announces Plans to Accept Bitcoin Payments

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning announced plans to begin processing payments in bitcoin. Per the update, this development goes beyond the current version of the company’s merchant app, which is available to state-licensed marijuana establishments. “The payment system will offer a unique Bitcoin payment option enabling consumers to easily use the digital currency to make purchases,” Sean Hullinger, chief legal officer of Medical Cannabis Payment Solutions, stated in the news release. “This process allows stores to accept not only electronic payments in US dollars, but also digital currency (instead of cash only).  We…

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ThursdayJan 11, 2018 9:44 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Adds Christopher Wolfenberg to Board of Directors

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced the appointment of Christopher Wolfenberg to its board of directors. Wolfenberg is currently a partner with the law firm Fasken Martineau LLP, having previously served as a partner with Norton Rose Fullbright. “MGX welcomes Mr. Wolfenberg to the Board of Directors,” Jared Lazerson, president and CEO of MGX, stated in the news release. “His experience in mining, energy, and technology sectors will serve to further strengthen our leadership team as we move forward in 2018 and beyond. As MGX grows the legal, finance…

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WednesdayJan 10, 2018 1:12 pm

NetworkNewsBreaks – IEG Holdings Corp. (IEGH) Unveils Plans for New Cryptocurrency

Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH), through wholly owned subsidiary Investment Evolution Crypto, LLC, this morning announced that it is negotiating to purchase a gold project with gold metal in the ground and prospecting licenses. IEG Holdings intends to utilize this gold resource to investigate creating its own gold metal-backed cryptocurrency, potentially offering loans and accepting loan repayments in the new blockchain-based currency. “Unlike Bitcoin, Ripple, Ethereum and Litecoin etc., IEGH's crypto currency is planned to be backed by gold metal and registered with the SEC as a security,” Paul Mathieson, chairman and CEO of IEGH, stated in…

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WednesdayJan 10, 2018 12:45 pm

NetworkNewsBreaks – ORHub, Inc. (ORHB) Receives $3.8M from Exercise of Warrants

Advanced medical software company ORHub, Inc. (OTC: ORHB) this morning announced that it has received gross proceeds of $3.86 million from the exercise of warrants prior to their expiration on December 31, 2017. The company previously announced a special exercise price of $0.35 for all series of warrants outstanding, and all warrants issued by the company have now been exercised or have expired, positioning ORHub’s capital structure for clean appreciation as revenues and earnings increase. “ORHub is privileged to have strong support from our investor community as demonstrated by the successful warrant exercise,” Colt Melby, CEO of ORHub, stated in…

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WednesdayJan 10, 2018 12:01 pm

NetworkNewsBreaks – Petrogress, Inc. (PGAS) Highlights Three Areas of Focus to Increase Growth in 2018

Diversified marine transport and offshore services company Petrogress (OTC: PGAS) sees 2018 as a year for growth in Ghana, Libya and Cypress. Jim Jimerson, who handles corporate affairs for the company, recently highlighted the company’s priorities for the year. An article discussing this reads: “Jimerson noted that PGAS is focused in 2018 on three priorities. First, the company wishes to consummate a contract in Ghana to give it more growth opportunities. Second, it sees exceptional opportunities for business initiatives to get in on the ground floor in Libya, a location Jimerson describes as being in PGAS’s “wheelhouse” in North Africa.…

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