NetworkNewsBreaks

MondayFeb 05, 2018 12:04 pm

NetworkNewsBreaks – Q Biomed Inc. (QBIO) Closes $5.48M Public Offering

Q BioMed (OTCQB: QBIO) recently announced the closing of its public offering of 1,711,875 units at a public offering price of $3.20 per unit for gross proceeds of $5.48 million. Each unit consists of one common share and one warrant. Roth Capital Partners acted as lead placement agent and CIM Securities acted as co-lead placement agent for the offering. The company intends to use the proceeds from the offering toward the launch of its non-opioid FDA approved Strontium Chloride 89 USP Injection (SR89) as well as toward the initiation of various pivotal clinical programs in 2018. "This capital sets up…

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MondayFeb 05, 2018 11:17 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Adds Fintech Veteran to Management Team

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced its appointment of Bill Rochfort to the positions of president and EVP Sales for its newly-formed logistics subsidiary, SecurCapital Corp. Rochfort brings 25 years of fintech experience to the SecurCapital team – including time as an officer with Premier Global Services, Intermedia, Sprint and Cbeyond – and is noted as an early adopter of cloud architecture. “We're very excited to have Bill join our senior team of logisticians at SecurCapital at this pivotal time as the company launches its SecurCloud Platform,” James Hancock, CEO of Global Payout, stated in…

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MondayFeb 05, 2018 11:12 am

NetworkNewsBreaks – Teewinot Life Sciences Subsidiary Granted New Broad Claiming U.S. Patent

Cannabinoid-based pharmaceuticals company Teewinot Life Sciences, along with its wholly-owned Irish subsidiary, Teewinot Technologies, Ltd., this morning announced the grant of U.S. Patent No. 9,879,292. The newly granted patent covers biosynthetic production of cannabinoids and cannabinoid analogs. "We are happy to announce the continued expansion of our valuable patent portfolio. Our technology platform enables standardized and cost-effective manufacturing for the expanding category of cannabinoid-based pharmaceuticals. Teewinot is currently in the process of identifying lead pre-clinical and clinical indications and are the premier, integrated biopharmaceutical company in this space with multiple US patents issued and a verifiable, scalable, plant-free biological manufacturing…

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MondayFeb 05, 2018 10:41 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Receives $2.5M From Deloro

Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) this morning announced that it has received $2.5 million from Deloro Energy LLC, which is equal to the first tranche of the financing anticipated in the previously announced memorandum of understanding (“MOU”) with Deloro. Per the terms of the MOU, upon receipt of the entire first tranche, Deloro shall receive an economic royalty of 25% of the net profits of the company’s heavy oil extraction facility at Asphalt Ridge, Utah, from the date that the facility is operational. The MOU specifies that at least $2,000,000 of the first tranche shall be used toward the…

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MondayFeb 05, 2018 10:24 am

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Subsidiary Announces Impending Launch of New Luxury Skincare Products

Premier market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX), through wholly-owned foreign enterprise CBD Biotechnology Co. Ltd., this morning announced the impending February launch of four new hemp-infused skincare products and a cutting-edge magnetic mask for the Chinese market. Per the update, the products have already been approved for sale throughout China by the China Food and Drug Administration. “The growing Chinese middle-class has shown a desire for luxury skincare products. CBD Biotech is meeting market demands by offering cutting-edge products that use the latest skincare technologies and include our exclusive hemp infused formulas,” Summer Yun, CEO of CBD Biotechnology, stated…

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MondayFeb 05, 2018 9:52 am

NetworkNewsBreaks – Hiku Brands Company Ltd. (CSE: HIKU) (OTC: DJACF) Subsidiary Approaching Pre-Sales Inspection

Canada’s first vertically-integrated cannabis brand house, Hiku Brands Company Ltd. (CSE: HIKU) (OTC: DJACF), through its DOJA Cannabis Ltd. subsidiary, this morning announced that it has received notification from Health Canada that its pre-sales inspection has been scheduled for Tuesday, February 13, 2018. Per the update, the pre-sales license inspection is the final step prior to the issuance of a sales license under the terms of the Access to Cannabis for Medical Purposes Regulations (“ACMPR”). “As there are currently only 26 independent companies with cannabis sales licenses under the ACMPR in Canada, receiving confirmation of our Pre-Sales License Inspection from…

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MondayFeb 05, 2018 9:26 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Highlights Positive Results from 2017 Drill Program

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced positive results from its 2017 drill program, which intersected over 30 meters of disseminated cobalt mineralization in the southern part of the Canadian Cobalt Camp. Per the update, the company’s drilling intercepts in the area demonstrate that cobalt mineralization likely occurs as a broad zone, with approximately 350 meters of strike length associated with the historically mined Woods Vein and other transecting structures. “A key objective of our maiden drill program has been realized,” Trent Mell, president and CEO of First Cobalt, stated in the…

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FridayFeb 02, 2018 3:43 pm

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) CEO Discusses Recent Corporate Milestones in Webinar Update

Pressure BioSciences Inc. (OTCQB: PBIO) CEO Richard T. Schumacher earlier this week hosted a webinar update and live Q&A session for prospective investors. During the presentation, Schumacher detailed each of PBIO’s three distinct working groups, including its Research Products and Services division, its Biopharmaceutical Manufacturing division and its third group specializing in the development and implementation of the company’s cutting-edge Ultra Shear Technology (“UST”) platform. “The company’s really split now into three different working groups. We’ve made an acquisition and we’ve gotten a new patent that’s been approved, all in the last several months, and it’s changed the face of…

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FridayFeb 02, 2018 12:01 pm

NetworkNewsBreaks – SinglePoint, Inc.’s (SING) SingleSeed Payment Platform to Solve Cannabis Industry Banking Issues

Specialized holding company SinglePoint’s (OTC: SING) bitcoin payments solution, set to launch in the first quarter of 2018, will permit underbanked cannabis merchants to accept bitcoin-backed card transactions. An article discussing the company reads: “In any state where cannabis enjoys legal status, the SingleSeed payments platform can be used. In addition to making bitcoin-backed card purchases possible, the solution enables cannabis dispensaries to digitally track and manage their product inventories, performing tasks like uploading product data, photos and descriptions. The system further deducts items automatically from a dispensary’s product listings when a purchase is made.” To view the full article,…

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FridayFeb 02, 2018 11:46 am

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Aims to Double Revenue, Expand in 2018

Market analysis company ChineseInvestors.com (OTCQB: CIIX) has its sights set on making 2018 another successful year through remaining focused on key initiatives. An article discussing the company’s plans reads: “ChineseInvestors.com, Inc.’s (OTCQB: CIIX) mission is to become the leading publicly traded company targeting Chinese medicinal marijuana. Offering a variety of investor education products and services, Warren Wang, CEO and founder, would like to see 2018 bring with it double the revenue and expanded business. One of the ways CIIX is tackling this goal is through a Yelp-style app. Approved for download by the Apple App Store, this is the world’s…

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